Wilson Bank And Trust Mortgage Rates, Fees & InfoLebanon, TN
Tax ID: 63-1310217
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewWilson Bank And Trust is a smaller bank specializing in Home Purchase and Refi loans. Wilson Bank And Trust has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Nashville, Cookeville, Sevierville, Tullahoma, and Knoxville among others. We have data for 27 markets. (Some data included below & more in-depth data is available with an active subscription.)
Wilson Bank And Trust has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Wilson Bank And Trust is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
|Simulated Rate||Simulation Date|
|Home Equity Line of Credit (HELOC)||6.27%||4/1/23|
|30 Year Conventional Purchase||6.67%||4/1/23|
|30 Year Conventional Refi||6.60%||4/1/23|
|30 Year Cash-out Refi||6.91%||4/1/23|
|30 Year FHA Purchase||7.30%||4/1/23|
|30 Year FHA Refi||7.18%||4/1/23|
|30 Year VA Purchase||6.56%||4/1/23|
|30 Year VA Refi||6.07%||4/1/23|
|30 Year USDA Purchase||6.77%||4/1/23|
|15 Year Conventional Purchase||6.61%||4/1/23|
|15 Year Conventional Refi||6.51%||4/1/23|
|15 Year Cash-out Refi||6.51%||4/1/23|
|These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.|
Wilson Bank And Trust Mortgage Calculator
Your EstimatesEstimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Wilson Bank And Trust. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$683,560,000
Wilson Bank And Trust's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of -0.29%.
Relative Fees (Closing Costs)
Wilson Bank And Trust's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,643.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
|Market||Originations||Total Value||Average Loan||Average Fees||Average Rate|
|NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA)||1,849||$573,475,000||$310,154||$4,790||4.88%|
|Cookeville, TN (FHA|USDA|VA)||154||$33,130,000||$215,130||$3,918||4.70%|
|Outside of Metro Areas||143||$29,015,000||$202,902||$3,403||4.78%|
|Sevierville, TN (FHA|USDA|VA)||19||$17,885,000||$941,316||$15,430||4.60%|
|Tullahoma-Manchester, TN (FHA|USDA|VA)||17||$3,755,000||$220,882||$4,374||4.88%|
|KNOXVILLE, TN (FHA|USDA|VA)||5||$3,435,000||$687,000||$3,782||5.62%|
|Crossville, TN (FHA|USDA|VA)||6||$3,320,000||$553,333||$5,011||4.50%|
|HUNTSVILLE, AL (FHA|USDA|VA)||1||$3,005,000||$3,005,000||$0||3.95%|
|Shelbyville, TN (FHA|USDA|VA)||18||$2,980,000||$165,556||$4,304||5.17%|
|Cullman, AL (FHA|USDA|VA)||1||$2,405,000||$2,405,000||$0||4.39%|
|CLARKSVILLE, TN-KY (FHA|USDA|VA)||8||$2,250,000||$281,250||$15,708||4.92%|
|MORRISTOWN, TN (FHA|USDA|VA)||5||$1,975,000||$395,000||$16,216||4.72%|
|Lewisburg, TN (FHA|USDA|VA)||4||$1,490,000||$372,500||$7,694||4.64%|
|McMinnville, TN (FHA|USDA|VA)||8||$1,200,000||$150,000||$3,573||4.65%|
|ROME, GA (FHA|USDA|VA)||1||$765,000||$765,000||$12,387||3.75%|
|ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA)||1||$605,000||$605,000||$9,664||3.75%|
|CHATTANOOGA, TN-GA (FHA|USDA|VA)||3||$595,000||$198,333||$5,620||6.13%|
|ANCHORAGE, AK (FHA|USDA|VA)||1||$435,000||$435,000||$7,481||3.13%|
|BOWLING GREEN, KY (FHA|USDA|VA)||2||$400,000||$200,000||$0||6.06%|
|Glasgow, KY (FHA|USDA|VA)||1||$305,000||$305,000||$5,261||5.69%|
|KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA)||1||$265,000||$265,000||$3,947||3.38%|
|Newport, TN (FHA|USDA|VA)||1||$235,000||$235,000||$0||4.50%|
|Brownsville, TN (FHA|USDA|VA)||1||$175,000||$175,000||$0||5.10%|
|JACKSON, TN (FHA|USDA|VA)||1||$155,000||$155,000||$0||4.25%|
|MEMPHIS, TN-MS-AR (FHA|USDA|VA)||1||$135,000||$135,000||$0||5.50%|
|Dyersburg, TN (FHA|USDA|VA)||1||$115,000||$115,000||$2,659||5.63%|
|Dayton, TN (FHA|USDA|VA)||1||$55,000||$55,000||$0||5.00%|
We use machine learning to identify the top lenders compared against Wilson Bank And Trust based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 420
Similarity Rank: 490
Similarity Rank: 644
Similarity Rank: 833
Similarity Rank: 1104
Similarity Rank: 1260
Similarity Rank: 2000
Similarity Rank: 2010
Similarity Rank: 2295
Similarity Rank: 2680
For 2022, Wilson Bank And Trust's most frequently originated type of loan was Conventional, with 1,206 originations. Their 2nd most popular type was HELOC, with 1,003 originations.
For 2022, Wilson Bank And Trust's most frequently cited loan purpose was Home Purchase, with 803 originations. The 2nd most popular reason was Refi, with 550 originations.
For 2022, Wilson Bank And Trust's most frequently cited loan duration was 10 Year, with 950 originations. The 2nd most popular length was 30 Year, with 543 originations.
Origination Fees/Closing Costs
Wilson Bank And Trust's average total fees were $4,643, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 284 originations.
During 2022, Wilson Bank And Trust's average interest rate for loans was 4.47%, while their most frequently originated rate bucket for loans was 3-4%, with 765 originations.
2022 saw Wilson Bank And Trust place emphasis on $200k-400k loans with 693 originations, totaling $197,325,000 in origination value.
Wilson Bank And Trust lent most frequently to those with incomes in the $100k-150k range, with 511 originations. The second most popular income band? $150k-250k, with 369 originations.
Applicant Debt to Income Ratio
Wilson Bank And Trust lent most frequently to those with DTI ratios of 20-30%, with 519 originations. The next most common DTI ratio? <20%, with 394 originations.
Approval RatesTotal approvals of all applications
Wilson Bank And Trust has an average approval rate.
Pick RateApprovals leading to origination
Wilson Bank And Trust has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|