Us Century Bank Mortgage Rates, Fees & Info
MIAMI, FLLEI: 254900XT937N1XUKWX63
Tax ID: 52-2371258
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Mortgage Data
Review & Overview
Us Century Bank is a smaller bank specializing in Home Purchase and Refi loans. Us Century Bank has a high proportion of conventional loans. Their top markets by origination volume include: Miami, Tallahassee, Key West, and Orlando among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Us Century 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.
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Originations
81Origination Dollar Volume (All Markets)
$75,915,000Top 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 |
|---|---|---|---|---|---|
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 72 | $68,640,000 | $953,333 | $0 | 0.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 4 | $4,810,000 | $1,202,500 | $0 | 0.00% |
| Key West, FL (FHA|USDA|VA) | 3 | $1,925,000 | $641,667 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 81 | $75,915,000 | $937,222 | $0 | 0.00% |
For 2018, Us Century Bank's most frequently originated type of loan was Conventional, with 81 originations.
Loan Reason
For 2018, Us Century Bank's most frequently cited loan purpose was Home Purchase, with 54 originations. The 2nd most popular reason was Refi, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 81 | $75,915,000 | $937,222 | $0 | 0.00% |
For 2018, Us Century Bank's most frequently cited loan duration was Other, with 81 originations.
Loan Sizing
2018 saw Us Century Bank place emphasis on $200k-400k loans with 27 originations, totaling $7,855,000 in origination value.
Applicant Income
Us Century Bank lent most frequently to those with incomes in the $250k+ range, with 17 originations. The second most popular income band? $100k-150k, with 5 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 81 | $75,915,000 | $937,222 | $0 | 0.00% |
Us Century Bank lent most frequently to those with DTI ratios of Exempt%, with 81 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.27%
Us Century Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination91.36%
Us Century Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 81 | $75,915,000 | $937,222 |