O'bannon Banking Company Mortgage Rates, Fees & Info
Buffalo, MOLEI: 254900VPLEP8CE1FD910
Tax ID: 44-0375180
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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 two markets are Springfield and Lebanon .O'bannon Banking Company has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
84Origination Dollar Volume (All Markets)
$14,600,000Top 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 | $13,240,000 | $183,889 | $0 | 0.00% |
| Outside of Metro Areas | 9 | $1,015,000 | $112,778 | $0 | 0.00% |
| Lebanon, MO (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 84 | $14,600,000 | $173,810 | $0 | 0.00% |
For 2022, O'bannon Banking Company's most frequently originated type of loan was Conventional, with 84 originations.
Loan Reason
For 2022, O'bannon Banking Company's most frequently cited loan purpose was Home Purchase, with 38 originations. The 2nd most popular reason was Refi, with 33 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 84 | $14,600,000 | $173,810 | $0 | 0.00% |
For 2022, O'bannon Banking Company's most frequently cited loan duration was Other, with 84 originations.
Loan Sizing
2022 saw O'bannon Banking Company place emphasis on $100,000 or less loans with 38 originations, totaling $2,270,000 in origination value.
Applicant Income
O'bannon Banking Company lent most frequently to those with incomes in the $50k or less range, with 15 originations. The second most popular income band? $50k-75k, with 12 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 84 | $14,600,000 | $173,810 | $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 applications89.11%
O'bannon Banking Company has an average approval rate.
Pick Rate
Approvals leading to origination92.86%
O'bannon Banking Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 84 | $14,600,000 | $173,810 |