Town & Country Bank Mortgage Rates, Fees & Info

Salem, MO

LEI: 254900YOL8EJ9NBHIE43

Tax ID: 43-0241720

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Town & Country Bank is a smaller bank specializing in Home Purchase and Refi loans. Town & Country Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top (well, only) market is St. Louis.

    Town & Country 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.

    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

    291

    Origination Dollar Volume (All Markets)

    $55,065,000

    Top 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
    Outside of Metro Areas 228 $36,280,000 $159,123 $0 0.00%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 63 $18,785,000 $298,175 $0 0.00%
    Town & Country Bank's top markets include and St. Louis among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Town & Country Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    ELECTRO SAVINGS CREDIT UNION
    Similarity Rank: 198
    United Bank of Union
    Similarity Rank: 200
    Bank of Hillsboro
    Similarity Rank: 225
    First National Bank of Waterloo
    Similarity Rank: 259
    VANTAGE Credit Union
    Similarity Rank: 290
    Gateway Metro Federal Credit Union
    Similarity Rank: 292
    FIRST COMMUNITY
    Similarity Rank: 312
    ALLTRU Federal Credit Union
    Similarity Rank: 424
    ACCESS CAPITAL FUNDING, L.L.C.
    Similarity Rank: 480
    WEST COMMUNITY
    Similarity Rank: 567

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 288 $54,680,000 $189,861 $0 0.00%
    USDA 3 $385,000 $128,333 $0 0.00%

    For 2024, Town & Country Bank's most frequently originated type of loan was Conventional, with 288 originations. Their 2nd most popular type was USDA, with 3 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 167 $38,195,000 $228,713 $0 0.00%
    Refi 82 $14,250,000 $173,780 $0 0.00%
    Other 30 $2,170,000 $72,333 $0 0.00%
    Home Improvement 12 $450,000 $37,500 $0 0.00%

    For 2024, Town & Country Bank's most frequently cited loan purpose was Home Purchase, with 167 originations. The 2nd most popular reason was Refi, with 82 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 291 $55,065,000 $189,227 $0 0.00%

    For 2024, Town & Country Bank's most frequently cited loan duration was Other, with 291 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 115 $6,425,000 $55,870 $0 0.00%
    $100k-200k 88 $12,770,000 $145,114 $0 0.00%
    $200k-400k 65 $17,325,000 $266,538 $0 0.00%
    $400k-600k 16 $7,400,000 $462,500 $0 0.00%
    $1MM+ 7 $11,145,000 $1,592,143 $0 0.00%

    2024 saw Town & Country Bank place emphasis on $100,000 or less loans with 115 originations, totaling $6,425,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 52 $8,410,000 $161,731 $0 0.00%
    $50k-75k 47 $5,485,000 $116,702 $0 0.00%
    $50k or less 40 $3,040,000 $76,000 $0 0.00%
    $150k-250k 38 $6,910,000 $181,842 $0 0.00%
    $75k-100k 35 $4,535,000 $129,571 $0 0.00%
    $250k+ 10 $4,640,000 $464,000 $0 0.00%

    Town & Country Bank lent most frequently to those with incomes in the $100k-150k range, with 52 originations. The second most popular income band? $50k-75k, with 47 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 291 $55,065,000 $189,227 $0 0.00%

    Town & Country Bank lent most frequently to those with DTI ratios of Exempt%, with 291 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 219 $33,425,000 $152,626 $0 0.00%
    Not applicable 63 $20,195,000 $320,556 $0 0.00%
    Not provided 6 $1,040,000 $173,333 $0 0.00%
    Black 1 $155,000 $155,000 $0 0.00%
    American Indian 1 $145,000 $145,000 $0 0.00%
    Asian 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.73%

    Town & Country Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.38%

    Town & Country Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 291 $55,065,000 $189,227

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    291 $55,065,000 $189,227