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, Charlotte, Cape Coral, Warrensburg, and Naples among others. We have data for 7 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
104Origination Dollar Volume (All Markets)
$126,180,000Top 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) | 98 | $69,710,000 | $711,327 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $53,955,000 | $53,955,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $1,115,000 | $1,115,000 | $0 | 0.00% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (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 | 104 | $126,180,000 | $1,213,269 | $0 | 0.00% |
For 2022, Security Bank Of Kansas City's most frequently originated type of loan was Conventional, with 104 originations.
Loan Reason
For 2022, Security Bank Of Kansas City's most frequently cited loan purpose was Home Purchase, with 51 originations. The 2nd most popular reason was Cash Out Refi, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 104 | $126,180,000 | $1,213,269 | $0 | 0.00% |
For 2022, Security Bank Of Kansas City's most frequently cited loan duration was Other, with 104 originations.
Loan Sizing
2022 saw Security Bank Of Kansas City place emphasis on $100k-200k loans with 42 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 20 originations. The second most popular income band? $75k-100k, with 18 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 104 | $126,180,000 | $1,213,269 | $0 | 0.00% |
Security Bank Of Kansas City lent most frequently to those with DTI ratios of Exempt%, with 104 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.22%
Security Bank Of Kansas City has a below average approval rate.
Pick Rate
Approvals leading to origination60.58%
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 | 104 | $126,180,000 | $1,213,269 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Security National Financial Corp | Conventional home mortgage | Problem with a credit reporting company's investigation into an existing problem | 1 | 100.0% |