Community First Bank Mortgage Rates, Fees & Info
Kennewick, WALEI: 5493005F145IP6JL7314
Tax ID: 91-1873460
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Community First Bank is a smaller bank specializing in Home Purchase loans. Community First Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Kennewick, Spokane, Portland, Walla Walla, and Yakima among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)Community First 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
98Origination Dollar Volume (All Markets)
$47,710,000Top Markets
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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 |
|---|---|---|---|---|---|
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 83 | $38,675,000 | $465,964 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $1,505,000 | $1,505,000 | $0 | 0.00% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $1,445,000 | $1,445,000 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $1,445,000 | $1,445,000 | $0 | 0.00% |
| WALLA WALLA, WA (FHA|USDA|VA) | 4 | $1,280,000 | $320,000 | $0 | 0.00% |
| YAKIMA, WA (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $515,000 | $515,000 | $0 | 0.00% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Moscow, ID (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 83 | $42,445,000 | $511,386 | $0 | 0.00% |
| FHA | 15 | $5,265,000 | $351,000 | $0 | 0.00% |
For 2024, Community First Bank's most frequently originated type of loan was Conventional, with 83 originations. Their 2nd most popular type was FHA, with 15 originations.
Loan Reason
For 2024, Community First Bank's most frequently cited loan purpose was Home Purchase, with 80 originations. The 2nd most popular reason was Cash Out Refi, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 98 | $47,710,000 | $486,837 | $0 | 0.00% |
For 2024, Community First Bank's most frequently cited loan duration was Other, with 98 originations.
Loan Sizing
2024 saw Community First Bank place emphasis on $200k-400k loans with 38 originations, totaling $11,820,000 in origination value.
Applicant Income
Community First Bank lent most frequently to those with incomes in the $150k-250k range, with 26 originations. The second most popular income band? $250k+, with 23 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 98 | $47,710,000 | $486,837 | $0 | 0.00% |
Community First Bank lent most frequently to those with DTI ratios of Exempt%, with 98 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.13%
Community First Bank has an average approval rate.
Pick Rate
Approvals leading to origination74.49%
Community First Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 98 | $47,710,000 | $486,837 |