Security Bank Of Kansas City Mortgage Rates, Fees & Info
Kansas City, KSLEI: 54930058NMHTLEZ3C025
Tax ID: 48-0409930
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Security Bank Of Kansas City is a smaller bank specializing in Home Purchase loans. Security Bank Of Kansas City has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, Dallas, St. Louis, Omaha, and Nashville among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Security Bank Of Kansas City 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
70Origination Dollar Volume (All Markets)
$224,820,000Top 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 |
|---|---|---|---|---|---|
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 60 | $219,430,000 | $3,657,167 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $1,300,000 | $650,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $1,095,000 | $1,095,000 | $0 | 0.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $885,000 | $885,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $520,000 | $260,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Cambridge, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 70 | $224,820,000 | $3,211,714 | $0 | 0.00% |
For 2023, Security Bank Of Kansas City's most frequently originated type of loan was Conventional, with 70 originations.
Loan Reason
For 2023, Security Bank Of Kansas City's most frequently cited loan purpose was Home Purchase, with 46 originations. The 2nd most popular reason was Cash Out Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 70 | $224,820,000 | $3,211,714 | $0 | 0.00% |
For 2023, Security Bank Of Kansas City's most frequently cited loan duration was Other, with 70 originations.
Loan Sizing
2023 saw Security Bank Of Kansas City place emphasis on $200k-400k loans with 20 originations, totaling $6,000,000 in origination value.
Applicant Income
Security Bank Of Kansas City lent most frequently to those with incomes in the $100k-150k range, with 11 originations. The second most popular income band? $250k+, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 70 | $224,820,000 | $3,211,714 | $0 | 0.00% |
Security Bank Of Kansas City lent most frequently to those with DTI ratios of Exempt%, with 70 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications80.60%
Security Bank Of Kansas City has a below average approval rate.
Pick Rate
Approvals leading to origination57.14%
Security Bank Of Kansas City has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 70 | $224,820,000 | $3,211,714 |