O'bannon Banking Company Mortgage Rates, Fees & Info
Buffalo, MOLEI: 254900VPLEP8CE1FD910
Tax ID: 44-0375180
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
O'bannon Banking Company is a smaller bank specializing in Home Purchase and Refi loans. O'bannon Banking Company has a high proportion of conventional loans. Their top (well, only) market is Springfield.O'bannon Banking Company has an 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.
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.
Originations
84Origination Dollar Volume (All Markets)
$16,460,000Top 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 |
|---|---|---|---|---|---|
| SPRINGFIELD, MO (FHA|USDA|VA) | 72 | $15,480,000 | $215,000 | $0 | 0.00% |
| Outside of Metro Areas | 12 | $980,000 | $81,667 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 84 | $16,460,000 | $195,952 | $0 | 0.00% |
For 2018, O'bannon Banking Company's most frequently originated type of loan was Conventional, with 84 originations.
Loan Reason
For 2018, O'bannon Banking Company's most frequently cited loan purpose was Home Purchase, with 53 originations. The 2nd most popular reason was Refi, with 22 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 84 | $16,460,000 | $195,952 | $0 | 0.00% |
For 2018, O'bannon Banking Company's most frequently cited loan duration was Other, with 84 originations.
Loan Sizing
2018 saw O'bannon Banking Company place emphasis on $100,000 or less loans with 49 originations, totaling $2,625,000 in origination value.
Applicant Income
O'bannon Banking Company lent most frequently to those with incomes in the $50k or less range, with 26 originations. The second most popular income band? $50k-75k, with 13 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 84 | $16,460,000 | $195,952 | $0 | 0.00% |
O'bannon Banking Company lent most frequently to those with DTI ratios of Exempt%, with 84 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.80%
O'bannon Banking Company has an average approval rate.
Pick Rate
Approvals leading to origination95.24%
O'bannon Banking Company has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 84 | $16,460,000 | $195,952 |