Community Bank Mortgage Rates, Fees & Info
BRISTOW, OKLEI: 54930056PR716B2KIG98
Tax ID: 73-0193350
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Community Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Community Bank has a high proportion of conventional loans. Their top two markets are Tulsa and Oklahoma City .Community Bank 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.
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Originations
57Origination Dollar Volume (All Markets)
$7,305,000Top 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 |
|---|---|---|---|---|---|
| TULSA, OK (FHA|USDA|VA) | 54 | $6,890,000 | $127,593 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 57 | $7,305,000 | $128,158 | $0 | 0.00% |
For 2018, Community Bank's most frequently originated type of loan was Conventional, with 57 originations.
Loan Reason
For 2018, Community Bank's most frequently cited loan purpose was Home Purchase, with 31 originations. The 2nd most popular reason was Cash Out Refi, with 13 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 57 | $7,305,000 | $128,158 | $0 | 0.00% |
For 2018, Community Bank's most frequently cited loan duration was Other, with 57 originations.
Loan Sizing
2018 saw Community Bank place emphasis on $100,000 or less loans with 29 originations, totaling $1,595,000 in origination value.
Applicant Income
Community Bank lent most frequently to those with incomes in the $75k-100k range, with 15 originations. The second most popular income band? $100k-150k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 57 | $7,305,000 | $128,158 | $0 | 0.00% |
Community Bank lent most frequently to those with DTI ratios of Exempt%, with 57 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.21%
Community Bank has a below average approval rate.
Pick Rate
Approvals leading to origination87.72%
Community Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 57 | $7,305,000 | $128,158 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 10 | $1,110,000 | $111,000 |
| Single Family (1-4 Units):Site-Built | 47 | $6,195,000 | $131,809 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Community Lending of America, Inc. | VA mortgage | Closing on a mortgage | 1 | 100.0% |