Farmers State Bank Of Calhan Mortgage Rates, Fees & Info
Calhan, COLEI: 549300575R17XN3DXK30
Tax ID: 84-0200910
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Farmers State Bank Of Calhan is a smaller bank specializing in Home Purchase and Refi loans. Farmers State Bank Of Calhan has a high proportion of conventional loans. Their top markets by origination volume include: Colorado Springs, Denver, and Cañon City among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Farmers State Bank Of Calhan 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.
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Originations
54Origination Dollar Volume (All Markets)
$8,890,000Top 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 |
|---|---|---|---|---|---|
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 43 | $7,125,000 | $165,698 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 7 | $1,425,000 | $203,571 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $255,000 | $85,000 | $0 | 0.00% |
| Cañon City, CO (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 54 | $8,890,000 | $164,630 | $0 | 0.00% |
For 2019, Farmers State Bank Of Calhan's most frequently originated type of loan was Conventional, with 54 originations.
Loan Reason
For 2019, Farmers State Bank Of Calhan's most frequently cited loan purpose was Home Purchase, with 25 originations. The 2nd most popular reason was Refi, with 18 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 54 | $8,890,000 | $164,630 | $0 | 0.00% |
For 2019, Farmers State Bank Of Calhan's most frequently cited loan duration was Other, with 54 originations.
Loan Sizing
2019 saw Farmers State Bank Of Calhan place emphasis on $100,000 or less loans with 21 originations, totaling $1,225,000 in origination value.
Applicant Income
Farmers State Bank Of Calhan lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $50k or less, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 54 | $8,890,000 | $164,630 | $0 | 0.00% |
Farmers State Bank Of Calhan lent most frequently to those with DTI ratios of Exempt%, with 54 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.54%
Farmers State Bank Of Calhan has an average approval rate.
Pick Rate
Approvals leading to origination85.19%
Farmers State Bank Of Calhan has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 54 | $8,890,000 | $164,630 |