Carson Bank Mortgage Rates, Fees & Info

Mulvane, KS

LEI: 254900ZVK94NEC553D12

Tax ID: 48-0345810

Latest/2023 | 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
  • Complaints
  • 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

    Carson Bank is a smaller bank specializing in Home Purchase and Refi loans. Carson Bank has a high proportion of conventional loans. Their top markets by origination volume include: Wichita, Tyler, and Ottawa among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Carson Bank has an above average approval rate when compared to the average across all lenders. They have a below 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

    69

    Origination Dollar Volume (All Markets)

    $12,555,000

    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
    WICHITA, KS (FHA|USDA|VA) 66 $11,920,000 $180,606 $0 0.00%
    TYLER, TX (FHA|USDA|VA) 1 $395,000 $395,000 $0 0.00%
    Ottawa, KS (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
    Outside of Metro Areas 1 $115,000 $115,000 $0 0.00%
    Carson Bank's top markets include Wichita, Tyler, and Ottawa among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 69 $12,555,000 $181,957 $0 0.00%

    For 2022, Carson Bank's most frequently originated type of loan was Conventional, with 69 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 32 $5,890,000 $184,063 $0 0.00%
    Refi 29 $5,465,000 $188,448 $0 0.00%
    Other 4 $380,000 $95,000 $0 0.00%
    Cash Out Refi 3 $795,000 $265,000 $0 0.00%
    Home Improvement 1 $25,000 $25,000 $0 0.00%

    For 2022, Carson Bank's most frequently cited loan purpose was Home Purchase, with 32 originations. The 2nd most popular reason was Refi, with 29 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 69 $12,555,000 $181,957 $0 0.00%

    For 2022, Carson Bank's most frequently cited loan duration was Other, with 69 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 25 $1,755,000 $70,200 $0 0.00%
    $100k-200k 25 $3,705,000 $148,200 $0 0.00%
    $200k-400k 13 $3,945,000 $303,462 $0 0.00%
    $400k-600k 5 $2,505,000 $501,000 $0 0.00%
    $600k-1MM 1 $645,000 $645,000 $0 0.00%

    2022 saw Carson Bank place emphasis on $100,000 or less loans with 25 originations, totaling $1,755,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 12 $2,580,000 $215,000 $0 0.00%
    $150k-250k 11 $2,255,000 $205,000 $0 0.00%
    $50k-75k 11 $1,595,000 $145,000 $0 0.00%
    $50k or less 7 $995,000 $142,143 $0 0.00%
    $75k-100k 6 $720,000 $120,000 $0 0.00%
    $250k+ 2 $1,090,000 $545,000 $0 0.00%

    Carson Bank lent most frequently to those with incomes in the $100k-150k range, with 12 originations. The second most popular income band? $150k-250k, with 11 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 69 $12,555,000 $181,957 $0 0.00%

    Carson Bank lent most frequently to those with DTI ratios of Exempt%, with 69 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 49 $9,515,000 $194,184 $0 0.00%
    Not applicable 19 $2,995,000 $157,632 $0 0.00%
    Black 1 $45,000 $45,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.29%

    Carson 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 origination
    82.61%

    Carson Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 69 $12,555,000 $181,957

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    69 $12,555,000 $181,957

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    CrossCountry Mortgage LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%