Putnam County Bank Mortgage Rates, Fees & Info
Hurricane, WVLEI: 254900SRX8H2BWRMDQ91
Tax ID: 55-0662270
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Putnam County Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Putnam County Bank has a high proportion of conventional loans. Their top markets by origination volume include: Huntington, Charleston, Beckley, Myrtle Beach, and Morgantown among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)Putnam County Bank 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.
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Originations
237Origination Dollar Volume (All Markets)
$55,275,000Top 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 |
|---|---|---|---|---|---|
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 163 | $36,695,000 | $225,123 | $0 | 0.00% |
| CHARLESTON, WV (FHA|USDA|VA) | 52 | $11,950,000 | $229,808 | $0 | 0.00% |
| BECKLEY, WV (FHA|USDA|VA) | 4 | $1,600,000 | $400,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $0 | 0.00% |
| MORGANTOWN, WV (FHA|USDA|VA) | 2 | $950,000 | $475,000 | $0 | 0.00% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 5 | $935,000 | $187,000 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $590,000 | $147,500 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| Clarksburg, WV (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 237 | $55,275,000 | $233,228 | $0 | 0.00% |
For 2022, Putnam County Bank's most frequently originated type of loan was Conventional, with 237 originations.
Loan Reason
For 2022, Putnam County Bank's most frequently cited loan purpose was Home Purchase, with 152 originations. The 2nd most popular reason was Cash Out Refi, with 70 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 237 | $55,275,000 | $233,228 | $0 | 0.00% |
For 2022, Putnam County Bank's most frequently cited loan duration was Other, with 237 originations.
Loan Sizing
2022 saw Putnam County Bank place emphasis on $100k-200k loans with 86 originations, totaling $12,080,000 in origination value.
Applicant Income
Putnam County Bank lent most frequently to those with incomes in the $100k-150k range, with 46 originations. The second most popular income band? $150k-250k, with 36 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 237 | $55,275,000 | $233,228 | $0 | 0.00% |
Putnam County Bank lent most frequently to those with DTI ratios of Exempt%, with 237 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.15%
Putnam County Bank has an average approval rate.
Pick Rate
Approvals leading to origination86.50%
Putnam County Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 237 | $55,275,000 | $233,228 |