Adams Bank & Trust Mortgage Rates, Fees & Info
Ogallala, NELEI: 54930040GLSEV5H11Q12
Tax ID: 47-0467141
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Mortgage Data
Review & Overview
Adams Bank & Trust is a smaller bank specializing in loans. Adams Bank & Trust has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Prescott Valley, North Platte, Fort Collins, Denver, and Cheyenne among others. We have data for 34 markets. (Some data included below & more in-depth data is available with an active subscription.)Adams Bank & Trust 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. Adams Bank & Trust 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 about average 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.
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.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.63% | 4/1/23 |
| 30 Year Conventional Refi | 6.25% | 4/1/23 |
| 30 Year Cash-out Refi | 6.84% | 4/1/23 |
| 30 Year FHA Purchase | 7.51% | 4/1/23 |
| 30 Year FHA Refi | 6.91% | 4/1/23 |
| 30 Year VA Purchase | 6.30% | 4/1/23 |
| 30 Year VA Refi | 6.27% | 4/1/23 |
| 30 Year USDA Purchase | 6.91% | 4/1/23 |
| 15 Year Conventional Purchase | 7.02% | 4/1/23 |
| 15 Year Conventional Refi | 6.41% | 4/1/23 |
| 15 Year Cash-out Refi | 6.41% | 4/1/23 |
| 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. | ||
Adams Bank & Trust Mortgage Calculator
Your Estimates
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
369Origination Dollar Volume (All Markets)
$92,595,000Awards
Adams Bank & Trust - 2022
Adams Bank & Trust is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Relative Rate
Adams Bank & Trust's average 30 year fixed mortgage rate was
4.85%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.09%.
Relative Fees (Closing Costs)
Adams Bank & Trust's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,189.
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 $4,750.
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 | 149 | $22,215,000 | $149,094 | $2,869 | 4.91% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 22 | $14,010,000 | $636,818 | $7,049 | 5.34% |
| North Platte, NE (FHA|USDA|VA) | 90 | $11,420,000 | $126,889 | $2,677 | 5.20% |
| FORT COLLINS, CO (FHA|USDA|VA) | 20 | $8,750,000 | $437,500 | $5,980 | 5.03% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 12 | $6,330,000 | $527,500 | $5,192 | 5.08% |
| CHEYENNE, WY (FHA|USDA|VA) | 3 | $5,365,000 | $1,788,333 | $3,051 | 4.00% |
| GREELEY, CO (FHA|USDA|VA) | 15 | $4,025,000 | $268,333 | $3,752 | 5.92% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 7 | $3,375,000 | $482,143 | $5,492 | 4.70% |
| Cañon City, CO (FHA|USDA|VA) | 3 | $2,855,000 | $951,667 | $0 | 4.50% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 6 | $2,660,000 | $443,333 | $5,443 | 4.62% |
| Breckenridge, CO (FHA|USDA|VA) | 4 | $2,060,000 | $515,000 | $5,255 | 4.68% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $4,048 | 5.09% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $3,876 | 5.75% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $3,474 | 4.25% |
| BOULDER, CO (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $7,115 | 5.25% |
| Columbus, NE (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $5,869 | 5.00% |
| Durango, CO (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $3,891 | 3.63% |
| LINCOLN, NE (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $2,552 | 4.08% |
| Lexington, NE (FHA|USDA|VA) | 4 | $550,000 | $137,500 | $1,749 | 5.32% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $5,429 | 6.00% |
| Montrose, CO (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $5,968 | 4.88% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,223 | 4.00% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,266 | 6.88% |
| PUEBLO, CO (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 4.84% |
| Sheridan, WY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 4.50% |
| Sterling, CO (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $2,093 | 5.60% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,626 | 5.63% |
| FARMINGTON, NM (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,659 | 5.50% |
| Laramie, WY (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 5.00% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,112 | 3.50% |
| Hastings, NE (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,731 | 6.38% |
| Garden City, KS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 5.50% |
| ANCHORAGE, AK (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,244 | 5.25% |
| Fort Morgan, CO (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 6.75% |
Similar Lenders
We use machine learning to identify the top lenders compared against Adams Bank & Trust based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2022, Adams Bank & Trust's most frequently originated type of loan was Conventional, with 337 originations. Their 2nd most popular type was FHA, with 18 originations.
Loan Reason
For 2022, Adams Bank & Trust's most frequently cited loan purpose was Home Purchase, with 237 originations. The 2nd most popular reason was Refi, with 47 originations.
Loan Duration/Length
For 2022, Adams Bank & Trust's most frequently cited loan duration was 30 Year, with 158 originations. The 2nd most popular length was 10 Year, with 63 originations.
Origination Fees/Closing Costs
Adams Bank & Trust's average total fees were $4,189, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 147 originations.
Interest Rates
During 2022, Adams Bank & Trust's average interest rate for loans was 4.85%, while their most frequently originated rate bucket for loans was 5-6%, with 135 originations.
Loan Sizing
2022 saw Adams Bank & Trust place emphasis on $100,000 or less loans with 119 originations, totaling $6,575,000 in origination value.
Applicant Income
Adams Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 78 originations. The second most popular income band? $50k or less, with 76 originations.
Applicant Debt to Income Ratio
Adams Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 73 originations. The next most common DTI ratio? 30-36%, with 49 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.38%
Adams Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination84.55%
Adams Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 1600.0 | 1 | $105,000 | $105,000 |
| 1665.0 | 1 | $105,000 | $105,000 |
| NA | 367 | $92,385,000 | $251,730 |