The Commercial And Savings Bank Of Millersburg Ohio Mortgage Rates, Fees & Info
Millersburg, OHLEI: 254900VHR12KN8C3F913
Tax ID: 34-0159850
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Commercial And Savings Bank Of Millersburg Ohio is a smaller bank specializing in Home Purchase loans. The Commercial And Savings Bank Of Millersburg Ohio has a high proportion of conventional loans. Their top markets by origination volume include: Wooster, New Philadelphia, Canton, Ashland, and Akron among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)The Commercial And Savings Bank Of Millersburg Ohio 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.
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Originations
211Origination Dollar Volume (All Markets)
$55,045,000Top 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 |
|---|---|---|---|---|---|
| Wooster, OH (FHA|USDA|VA) | 52 | $14,270,000 | $274,423 | $0 | 0.00% |
| Outside of Metro Areas | 46 | $10,910,000 | $237,174 | $0 | 0.00% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 31 | $8,995,000 | $290,161 | $0 | 0.00% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 30 | $7,450,000 | $248,333 | $0 | 0.00% |
| Ashland, OH (FHA|USDA|VA) | 7 | $2,675,000 | $382,143 | $0 | 0.00% |
| AKRON, OH (FHA|USDA|VA) | 17 | $2,665,000 | $156,765 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 5 | $1,725,000 | $345,000 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 7 | $1,695,000 | $242,143 | $0 | 0.00% |
| Coshocton, OH (FHA|USDA|VA) | 8 | $1,470,000 | $183,750 | $0 | 0.00% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| Mount Vernon, OH (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Cambridge, OH (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Ashtabula, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against The Commercial and Savings Bank of Millersburg Ohio based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 211 | $55,045,000 | $260,877 | $0 | 0.00% |
For 2024, The Commercial And Savings Bank Of Millersburg Ohio's most frequently originated type of loan was Conventional, with 211 originations.
Loan Reason
For 2024, The Commercial And Savings Bank Of Millersburg Ohio's most frequently cited loan purpose was Home Purchase, with 154 originations. The 2nd most popular reason was Cash Out Refi, with 21 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 211 | $55,045,000 | $260,877 | $0 | 0.00% |
For 2024, The Commercial And Savings Bank Of Millersburg Ohio's most frequently cited loan duration was Other, with 211 originations.
Loan Sizing
2024 saw The Commercial And Savings Bank Of Millersburg Ohio place emphasis on $100k-200k loans with 75 originations, totaling $11,655,000 in origination value.
Applicant Income
The Commercial And Savings Bank Of Millersburg Ohio lent most frequently to those with incomes in the $100k-150k range, with 41 originations. The second most popular income band? $75k-100k, with 36 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 211 | $55,045,000 | $260,877 | $0 | 0.00% |
The Commercial And Savings Bank Of Millersburg Ohio lent most frequently to those with DTI ratios of Exempt%, with 211 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.25%
The Commercial And Savings Bank Of Millersburg Ohio has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination90.52%
The Commercial And Savings Bank Of Millersburg Ohio has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 211 | $55,045,000 | $260,877 |