Bath State Bank Mortgage Rates, Fees & Info
Franklin, INLEI: 54930031L785BSBDTE46
Tax ID: 35-0683650
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bath State Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Bath State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Cincinnati, New Castle, Richmond, Indianapolis, and Connersville among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Bath State 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
100Origination Dollar Volume (All Markets)
$15,260,000Top 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 |
|---|---|---|---|---|---|
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 72 | $10,250,000 | $142,361 | $0 | 0.00% |
| Outside of Metro Areas | 8 | $1,360,000 | $170,000 | $0 | 0.00% |
| New Castle, IN (FHA|USDA|VA) | 5 | $1,195,000 | $239,000 | $0 | 0.00% |
| Richmond, IN (FHA|USDA|VA) | 6 | $900,000 | $150,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $0 | 0.00% |
| Connersville, IN (FHA|USDA|VA) | 4 | $400,000 | $100,000 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Scottsburg, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 100 | $15,260,000 | $152,600 | $0 | 0.00% |
For 2023, Bath State Bank's most frequently originated type of loan was Conventional, with 100 originations.
Loan Reason
For 2023, Bath State Bank's most frequently cited loan purpose was Home Purchase, with 47 originations. The 2nd most popular reason was Cash Out Refi, with 32 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 100 | $15,260,000 | $152,600 | $0 | 0.00% |
For 2023, Bath State Bank's most frequently cited loan duration was Other, with 100 originations.
Loan Sizing
2023 saw Bath State Bank place emphasis on $100,000 or less loans with 45 originations, totaling $2,635,000 in origination value.
Applicant Income
Bath State Bank lent most frequently to those with incomes in the $100k-150k range, with 26 originations. The second most popular income band? $50k-75k, with 21 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 100 | $15,260,000 | $152,600 | $0 | 0.00% |
Bath State Bank lent most frequently to those with DTI ratios of Exempt%, with 100 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 99 | $15,025,000 | $151,768 | $0 | 0.00% |
| Not applicable | 1 | $235,000 | $235,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications100.00%
Bath State 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 origination97.00%
Bath State Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 100 | $15,260,000 | $152,600 |