Cnb Bank And Trust N.a. Mortgage Rates, Fees & Info

Carlinville, IL

LEI: 5493000BIR9N6Y5KFV24

Tax ID: 37-0205706

5 stars - Updated: 11/17/24 - out of 5 stars, based on 19 reviews

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • 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

    Cnb Bank And Trust N.a. is a smaller bank specializing in Home Purchase loans. Cnb Bank And Trust N.a. has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Chicago, St. Louis, Jacksonville, Taylorville, and Springfield among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Cnb Bank And Trust N.a. has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Cnb Bank And Trust N.a. is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

    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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.82% 11/17/24
    30 Year Conventional Refi 6.81% 11/17/24
    30 Year Cash-out Refi 6.74% 11/17/24
    30 Year FHA Purchase 6.27% 11/17/24
    30 Year USDA Purchase 6.92% 11/17/24
    15 Year Conventional Purchase 6.23% 11/17/24
    15 Year Conventional Refi 6.35% 11/17/24
    15 Year Cash-out Refi 6.35% 11/17/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Cnb Bank And Trust N.a. Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Cnb Bank And Trust N.a.. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    367

    Origination Dollar Volume (All Markets)

    $137,685,000
    Show all (8) awards

    Relative Rate

    Cnb Bank And Trust N.a.'s average 30 year fixed mortgage rate was 6.29%.

    The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

    This yields a difference of -0.19%.

    Relative Fees (Closing Costs)

    Cnb Bank And Trust N.a.'s average total fees/closing costs for a 30 year fixed rate mortgage were $2,835.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

    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
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 82 $84,360,000 $1,028,780 $5,120 7.35%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 166 $40,220,000 $242,289 $1,886 6.61%
    Outside of Metro Areas 35 $3,955,000 $113,000 $2,368 6.75%
    Jacksonville, IL (FHA|USDA|VA) 39 $2,985,000 $76,538 $1,553 6.70%
    Taylorville, IL (FHA|USDA|VA) 25 $2,235,000 $89,400 $1,984 7.11%
    SPRINGFIELD, IL (FHA|USDA|VA) 7 $995,000 $142,143 $1,923 6.20%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $505,000 $505,000 $3,793 4.99%
    MADISON, WI (FHA|USDA|VA) 1 $405,000 $405,000 $4,634 4.99%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $395,000 $395,000 $6,190 6.50%
    Warsaw, IN (FHA|USDA|VA) 1 $325,000 $325,000 $3,309 5.99%
    COLUMBIA, MO (FHA|USDA|VA) 1 $265,000 $265,000 $2,432 4.99%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $265,000 $265,000 $2,931 6.69%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $185,000 $185,000 $4,055 5.99%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $175,000 $175,000 $3,584 4.99%
    NILES, MI (FHA|USDA|VA) 1 $145,000 $145,000 $2,737 6.50%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $145,000 $145,000 $2,125 5.50%
    Macomb, IL (FHA|USDA|VA) 1 $65,000 $65,000 $1,370 6.95%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $35,000 $35,000 $0 7.50%
    Pontiac, IL (FHA|USDA|VA) 1 $25,000 $25,000 $614 6.25%
    Cnb Bank And Trust N.a.'s top markets include Chicago, St. Louis, Jacksonville, Taylorville, and Springfield among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)

    • Similar Lenders

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

    First Savings Bank of Hegewisch
    Similarity Rank: 46
    Ozarks Federal Savings and Loan Association
    Similarity Rank: 96
    Marine Bank
    Similarity Rank: 114
    HEARTLAND
    Similarity Rank: 117
    Prairie State Bank and Trust
    Similarity Rank: 128
    Petefish, Skiles & Co.
    Similarity Rank: 170
    Liberty Bank for Savings
    Similarity Rank: 279
    1ST MIDAMERICA
    Similarity Rank: 286
    FIRST COMMUNITY
    Similarity Rank: 336
    First National Bank of Waterloo
    Similarity Rank: 340

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 357 $136,895,000 $383,459 $2,230 6.79%
    USDA 10 $790,000 $79,000 $2,661 7.39%

    For 2023, Cnb Bank And Trust N.a.'s most frequently originated type of loan was Conventional, with 357 originations. Their 2nd most popular type was USDA, with 10 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 240 $96,950,000 $403,958 $2,875 6.90%
    Refi 56 $21,830,000 $389,821 $1,552 6.71%
    Home Improvement 44 $16,990,000 $386,136 $826 6.49%
    Other 20 $1,260,000 $63,000 $1,138 6.52%
    Cash Out Refi 7 $655,000 $93,571 $2,606 7.02%

    For 2023, Cnb Bank And Trust N.a.'s most frequently cited loan purpose was Home Purchase, with 240 originations. The 2nd most popular reason was Refi, with 56 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 151 $27,335,000 $181,026 $2,835 6.29%
    15 Year 75 $6,355,000 $84,733 $1,168 6.68%
    Other 52 $32,210,000 $619,423 $628 7.35%
    20 Year 37 $38,335,000 $1,036,081 $1,664 7.20%
    1 Year 24 $7,250,000 $302,083 $0 8.09%
    10 Year 18 $10,550,000 $586,111 $991 7.45%
    5 Year 10 $15,650,000 $1,565,000 $522 6.84%

    For 2023, Cnb Bank And Trust N.a.'s most frequently cited loan duration was 30 Year, with 151 originations. The 2nd most popular length was 15 Year, with 75 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 148 $12,510,000 $84,527
    $1k-2k 43 $8,585,000 $199,651
    $2k-3k 20 $6,660,000 $333,000
    $3k-4k 5 $1,415,000 $283,000
    $4k-5k 1 $515,000 $515,000

    Cnb Bank And Trust N.a.'s average total fees were $2,835, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 148 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 132 $67,300,000 $509,848
    7-8% 90 $34,890,000 $387,667
    5-6% 58 $7,350,000 $126,724
    Over 8% 48 $19,330,000 $402,708
    4-5% 39 $8,815,000 $226,026

    During 2023, Cnb Bank And Trust N.a.'s average interest rate for loans was 6.29%, while their most frequently originated rate bucket for loans was 6-7%, with 132 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 150 $8,110,000 $54,067 $1,387 6.74%
    $100k-200k 93 $13,055,000 $140,376 $2,429 6.81%
    $200k-400k 61 $16,965,000 $278,115 $3,491 6.63%
    $1MM+ 23 $76,125,000 $3,309,783 $0 7.52%
    $400k-600k 23 $10,485,000 $455,870 $5,342 6.51%
    $600k-1MM 17 $12,945,000 $761,471 $8,337 7.31%

    2023 saw Cnb Bank And Trust N.a. place emphasis on $100,000 or less loans with 150 originations, totaling $8,110,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 61 $9,015,000 $147,787 $2,413 6.42%
    $50k or less 50 $3,610,000 $72,200 $1,632 6.70%
    $50k-75k 47 $4,145,000 $88,191 $1,914 6.51%
    $75k-100k 33 $3,455,000 $104,697 $1,792 6.33%
    $150k-250k 26 $5,560,000 $213,846 $3,038 6.07%
    $250k+ 22 $6,470,000 $294,091 $3,920 6.09%

    Cnb Bank And Trust N.a. lent most frequently to those with incomes in the $100k-150k range, with 61 originations. The second most popular income band? $50k or less, with 50 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 61 $6,735,000 $110,410 $1,889 6.24%
    30-36% 39 $5,305,000 $136,026 $2,294 6.47%
    <20% 20 $2,330,000 $116,500 $2,251 5.84%
    38% 12 $940,000 $78,333 $1,471 6.02%
    40% 11 $1,635,000 $148,636 $2,588 6.08%
    37% 11 $1,955,000 $177,727 $3,540 6.95%
    39% 9 $2,155,000 $239,444 $2,145 5.94%
    44% 9 $1,245,000 $138,333 $1,944 6.34%
    42% 8 $1,480,000 $185,000 $2,618 6.36%
    47% 7 $705,000 $100,714 $2,454 6.86%
    36% 6 $1,100,000 $183,333 $2,245 6.96%
    41% 6 $1,130,000 $188,333 $2,862 5.66%
    46% 6 $1,030,000 $171,667 $2,326 7.00%
    50-60% 6 $1,510,000 $251,667 $3,059 6.34%
    43% 4 $640,000 $160,000 $3,278 6.28%
    45% 3 $305,000 $101,667 $1,981 6.58%
    48% 1 $265,000 $265,000 $2,432 4.99%
    49% 1 $55,000 $55,000 $2,736 6.75%
    >60% 1 $175,000 $175,000 $2,257 6.45%

    Cnb Bank And Trust N.a. lent most frequently to those with DTI ratios of 20-30%, with 61 originations. The next most common DTI ratio? 30-36%, with 39 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 118 $103,460,000 $876,780 $0 7.59%
    White 234 $30,880,000 $131,966 $2,196 6.43%
    Not provided 9 $2,195,000 $243,889 $3,469 6.48%
    Asian 2 $500,000 $250,000 $6,967 6.75%
    Black 2 $360,000 $180,000 $2,506 5.25%
    Asian Indian 1 $205,000 $205,000 $1,257 7.50%
    American Indian 1 $85,000 $85,000 $1,662 7.50%

    Approval Rates

    Total approvals of all applications
    82.53%

    Cnb Bank And Trust N.a. has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    84.74%

    Cnb Bank And Trust N.a. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 367 $137,685,000 $375,163

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    367 $137,685,000 $375,163

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 53 $6,305,000 $118,962 $1,194 6.58%
    40-60% 36 $13,960,000 $387,778 $1,808 7.04%
    60-80% 150 $99,580,000 $663,867 $2,873 6.98%
    80-100% 100 $17,070,000 $170,700 $2,916 6.66%
    Under 20% 28 $770,000 $27,500 $728 6.47%