Cross County Bank Mortgage Rates, Fees & Info

WYNNE, AR

LEI: 254900RD08FFMO7DRN13

Tax ID: 71-0040460

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Cross County Bank is a smaller bank specializing in Refi and Home Purchase loans. Cross County Bank has a high proportion of conventional loans. Their top markets by origination volume include: Jonesboro, Forrest City, Blytheville, Fayetteville, and Searcy among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Cross County Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

    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.

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    Originations

    83

    Origination Dollar Volume (All Markets)

    $11,655,000

    Top Markets

    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
    Outside of Metro Areas 33 $3,595,000 $108,939 $0 0.00%
    JONESBORO, AR (FHA|USDA|VA) 20 $3,300,000 $165,000 $0 0.00%
    Forrest City, AR (FHA|USDA|VA) 11 $2,135,000 $194,091 $0 0.00%
    Blytheville, AR (FHA|USDA|VA) 14 $1,110,000 $79,286 $0 0.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $860,000 $430,000 $0 0.00%
    Searcy, AR (FHA|USDA|VA) 2 $540,000 $270,000 $0 0.00%
    Mountain Home, AR (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    Cross County Bank's top markets include Jonesboro, Forrest City, Blytheville, Fayetteville, and Searcy among others.

    Their top states include:
  • Arkansas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 83 $11,655,000 $140,422 $0 0.00%

    For 2018, Cross County Bank's most frequently originated type of loan was Conventional, with 83 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 39 $6,975,000 $178,846 $0 0.00%
    Home Purchase 36 $4,430,000 $123,056 $0 0.00%
    Home Improvement 7 $245,000 $35,000 $0 0.00%
    Other 1 $5,000 $5,000 $0 0.00%

    For 2018, Cross County Bank's most frequently cited loan purpose was Refi, with 39 originations. The 2nd most popular reason was Home Purchase, with 36 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 83 $11,655,000 $140,422 $0 0.00%

    For 2018, Cross County Bank's most frequently cited loan duration was Other, with 83 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 53 $2,525,000 $47,642 $0 0.00%
    $100k-200k 18 $2,460,000 $136,667 $0 0.00%
    $200k-400k 6 $1,810,000 $301,667 $0 0.00%
    $1MM+ 2 $2,700,000 $1,350,000 $0 0.00%
    $400k-600k 2 $870,000 $435,000 $0 0.00%
    $600k-1MM 2 $1,290,000 $645,000 $0 0.00%

    2018 saw Cross County Bank place emphasis on $100,000 or less loans with 53 originations, totaling $2,525,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 14 $1,370,000 $97,857 $0 0.00%
    $150k-250k 12 $660,000 $55,000 $0 0.00%
    $50k-75k 8 $450,000 $56,250 $0 0.00%
    $50k or less 8 $310,000 $38,750 $0 0.00%
    $250k+ 6 $880,000 $146,667 $0 0.00%
    $75k-100k 3 $155,000 $51,667 $0 0.00%

    Cross County Bank lent most frequently to those with incomes in the $100k-150k range, with 14 originations. The second most popular income band? $150k-250k, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 83 $11,655,000 $140,422 $0 0.00%

    Cross County Bank lent most frequently to those with DTI ratios of Exempt%, with 83 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 30 $6,090,000 $203,000 $0 0.00%
    White 50 $5,380,000 $107,600 $0 0.00%
    Black 3 $185,000 $61,667 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.72%

    Cross County Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.98%

    Cross County Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 83 $11,655,000 $140,422

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 12 $5,490,000 $457,500
    Single Family (1-4 Units):Manufactured 3 $75,000 $25,000
    Single Family (1-4 Units):Site-Built 68 $6,090,000 $89,559