Armed Forces Bank Mortgage Rates, Fees & Info
Kansas City, MOLEI: 5493007CLWQN2S6IZK91
Tax ID: 48-0124710
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Mortgage Data
Review & Overview
Armed Forces Bank is a smaller bank specializing in Home Purchase loans. Armed Forces Bank has an average proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Phoenix, Las Vegas, Kansas City, San Antonio, and Colorado Springs among others. We have data for 287 markets. (Some data included below & more in-depth data is available with an active subscription.)Armed Forces Bank 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. Armed Forces Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.52% | 11/17/24 |
| 30 Year Conventional Refi | 6.30% | 11/17/24 |
| 30 Year Cash-out Refi | 6.54% | 11/17/24 |
| 30 Year FHA Purchase | 6.96% | 11/17/24 |
| 30 Year FHA Refi | 6.40% | 11/17/24 |
| 30 Year VA Purchase | 5.69% | 11/17/24 |
| 30 Year VA Refi | 5.43% | 11/17/24 |
| 30 Year USDA Purchase | 6.27% | 11/17/24 |
| 15 Year Conventional Purchase | 6.04% | 11/17/24 |
| 15 Year Conventional Refi | 5.75% | 11/17/24 |
| 15 Year Cash-out Refi | 5.75% | 11/17/24 |
| 15 Year VA Purchase | 5.67% | 11/17/24 |
| 15 Year VA Refi | 5.68% | 11/17/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Armed Forces Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,549Origination Dollar Volume (All Markets)
$612,605,000Awards
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Armed Forces Bank - 2022
Armed Forces Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Top 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 |
|---|---|---|---|---|---|
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 83 | $40,835,000 | $491,988 | $6,305 | 4.57% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 59 | $25,355,000 | $429,746 | $7,342 | 4.33% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 82 | $24,160,000 | $294,634 | $4,699 | 4.76% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 57 | $23,205,000 | $407,105 | $9,904 | 4.39% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 47 | $22,745,000 | $483,936 | $10,191 | 4.77% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 41 | $22,745,000 | $554,756 | $13,043 | 4.38% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 50 | $20,830,000 | $416,600 | $4,826 | 4.48% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 49 | $17,645,000 | $360,102 | $10,499 | 4.62% |
| Outside of Metro Areas | 49 | $16,955,000 | $346,020 | $7,378 | 4.39% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 33 | $14,415,000 | $436,818 | $10,698 | 4.28% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 19 | $11,415,000 | $600,789 | $8,876 | 4.23% |
| MANHATTAN, KS (FHA|USDA|VA) | 47 | $10,805,000 | $229,894 | $4,202 | 4.35% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 26 | $10,600,000 | $407,692 | $11,429 | 4.39% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 22 | $9,750,000 | $443,182 | $9,642 | 4.10% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 17 | $9,565,000 | $562,647 | $9,418 | 4.66% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 30 | $8,280,000 | $276,000 | $8,639 | 5.13% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 14 | $7,320,000 | $522,857 | $12,526 | 4.62% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 16 | $7,000,000 | $437,500 | $7,334 | 4.42% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 13 | $6,965,000 | $535,769 | $8,077 | 4.48% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 16 | $6,400,000 | $400,000 | $7,213 | 3.89% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 10 | $6,270,000 | $627,000 | $9,218 | 4.09% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 8 | $6,010,000 | $751,250 | $20,574 | 3.95% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 12 | $5,970,000 | $497,500 | $8,991 | 4.46% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 11 | $5,725,000 | $520,455 | $9,522 | 3.95% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 10 | $5,220,000 | $522,000 | $9,751 | 4.24% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 11 | $5,155,000 | $468,636 | $9,878 | 4.39% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 12 | $4,920,000 | $410,000 | $7,796 | 4.11% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 7 | $4,535,000 | $647,857 | $19,563 | 4.27% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 9 | $4,485,000 | $498,333 | $10,195 | 4.51% |
| Clovis, NM (FHA|USDA|VA) | 17 | $4,415,000 | $259,706 | $8,738 | 5.21% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 13 | $4,345,000 | $334,231 | $7,957 | 4.51% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 7 | $4,335,000 | $619,286 | $13,180 | 4.73% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 14 | $4,200,000 | $300,000 | $8,614 | 5.14% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 10 | $4,040,000 | $404,000 | $6,965 | 4.51% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 15 | $3,965,000 | $264,333 | $8,353 | 4.31% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 8 | $3,950,000 | $493,750 | $10,566 | 3.83% |
| EL PASO, TX (FHA|USDA|VA) | 15 | $3,615,000 | $241,000 | $7,818 | 4.23% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 9 | $3,595,000 | $399,444 | $6,673 | 4.96% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 9 | $3,415,000 | $379,444 | $6,398 | 4.44% |
| WICHITA, KS (FHA|USDA|VA) | 9 | $3,305,000 | $367,222 | $9,509 | 4.82% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 11 | $3,165,000 | $287,727 | $8,918 | 4.09% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 11 | $2,985,000 | $271,364 | $8,272 | 4.62% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 6 | $2,960,000 | $493,333 | $10,219 | 4.29% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 7 | $2,845,000 | $406,429 | $10,390 | 3.98% |
| TUCSON, AZ (FHA|USDA|VA) | 8 | $2,820,000 | $352,500 | $7,503 | 4.50% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 6 | $2,720,000 | $453,333 | $10,508 | 3.31% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 4 | $2,660,000 | $665,000 | $4,506 | 4.91% |
| Brainerd, MN (FHA|USDA|VA) | 9 | $2,605,000 | $289,444 | $3,957 | 5.47% |
| ANCHORAGE, AK (FHA|USDA|VA) | 6 | $2,520,000 | $420,000 | $6,032 | 3.83% |
| Alamogordo, NM (FHA|USDA|VA) | 11 | $2,515,000 | $228,636 | $7,209 | 5.01% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 5 | $2,465,000 | $493,000 | $4,023 | 4.05% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 6 | $2,430,000 | $405,000 | $6,500 | 5.08% |
| SAVANNAH, GA (FHA|USDA|VA) | 7 | $2,315,000 | $330,714 | $7,816 | 4.20% |
| Enterprise, AL (FHA|USDA|VA) | 8 | $2,310,000 | $288,750 | $7,120 | 5.19% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 6 | $2,190,000 | $365,000 | $11,081 | 3.88% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 5 | $2,145,000 | $429,000 | $11,608 | 4.48% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $2,130,000 | $532,500 | $3,259 | 4.34% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 4 | $2,060,000 | $515,000 | $2,641 | 3.25% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 7 | $1,935,000 | $276,429 | $6,555 | 4.80% |
| COLUMBUS, OH (FHA|USDA|VA) | 5 | $1,885,000 | $377,000 | $12,903 | 3.93% |
| TOPEKA, KS (FHA|USDA|VA) | 7 | $1,865,000 | $266,429 | $3,028 | 5.04% |
| SUMTER, SC (FHA|USDA|VA) | 6 | $1,830,000 | $305,000 | $5,356 | 3.40% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 5 | $1,785,000 | $357,000 | $11,041 | 4.78% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 4 | $1,780,000 | $445,000 | $8,162 | 4.13% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 3 | $1,775,000 | $591,667 | $16,662 | 3.67% |
| FORT COLLINS, CO (FHA|USDA|VA) | 3 | $1,745,000 | $581,667 | $2,930 | 4.08% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 4 | $1,720,000 | $430,000 | $8,720 | 5.19% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 4 | $1,700,000 | $425,000 | $7,686 | 4.44% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $1,650,000 | $825,000 | $7,500 | 3.75% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $1,640,000 | $410,000 | $8,115 | 3.94% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 4 | $1,620,000 | $405,000 | $9,626 | 4.38% |
| STOCKTON, CA (FHA|USDA|VA) | 4 | $1,620,000 | $405,000 | $10,033 | 4.03% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 3 | $1,605,000 | $535,000 | $5,681 | 4.50% |
| VALLEJO, CA (FHA|USDA|VA) | 3 | $1,565,000 | $521,667 | $9,305 | 3.12% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 4 | $1,540,000 | $385,000 | $3,183 | 4.44% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 3 | $1,525,000 | $508,333 | $10,167 | 3.54% |
| LAWRENCE, KS (FHA|USDA|VA) | 6 | $1,490,000 | $248,333 | $5,781 | 4.40% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 4 | $1,480,000 | $370,000 | $5,321 | 4.62% |
| LAS CRUCES, NM (FHA|USDA|VA) | 3 | $1,455,000 | $485,000 | $12,509 | 4.08% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $1,430,000 | $715,000 | $10,000 | 4.88% |
| LOUISVILLE, KY (FHA|USDA|VA) | 3 | $1,415,000 | $471,667 | $2,354 | 3.75% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 4 | $1,410,000 | $352,500 | $2,584 | 5.13% |
| BOISE CITY, ID (FHA|USDA|VA) | 4 | $1,410,000 | $352,500 | $4,168 | 3.47% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 4 | $1,400,000 | $350,000 | $4,952 | 5.25% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 4 | $1,380,000 | $345,000 | $7,622 | 3.38% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 3 | $1,375,000 | $458,333 | $6,005 | 4.75% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 4 | $1,370,000 | $342,500 | $9,474 | 4.56% |
| Key West, FL (FHA|USDA|VA) | 2 | $1,360,000 | $680,000 | $20,287 | 2.56% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 3 | $1,315,000 | $438,333 | $6,240 | 5.17% |
| RICHMOND, VA (FHA|USDA|VA) | 4 | $1,300,000 | $325,000 | $4,964 | 3.94% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 5 | $1,255,000 | $251,000 | $4,212 | 3.90% |
| TWIN FALLS, ID (FHA|USDA|VA) | 2 | $1,230,000 | $615,000 | $10,398 | 4.19% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 3 | $1,225,000 | $408,333 | $5,550 | 3.83% |
| CHEYENNE, WY (FHA|USDA|VA) | 3 | $1,215,000 | $405,000 | $11,008 | 3.67% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 2 | $1,210,000 | $605,000 | $12,154 | 4.50% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 4 | $1,210,000 | $302,500 | $3,950 | 4.31% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 2 | $1,200,000 | $600,000 | $12,267 | 4.13% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $1,190,000 | $297,500 | $3,877 | 5.06% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $1,175,000 | $1,175,000 | $9,257 | 3.25% |
| PANAMA CITY, FL (FHA|USDA|VA) | 3 | $1,175,000 | $391,667 | $4,851 | 4.88% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 2 | $1,160,000 | $580,000 | $12,429 | 3.19% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 6 | $1,160,000 | $193,333 | $6,552 | 4.71% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 2 | $1,130,000 | $565,000 | $4,206 | 3.38% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $10,599 | 4.42% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $5,977 | 4.71% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 3 | $1,055,000 | $351,667 | $8,621 | 4.71% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $1,050,000 | $525,000 | $2,816 | 4.38% |
| DOVER, DE (FHA|USDA|VA) | 3 | $1,045,000 | $348,333 | $9,315 | 4.33% |
| ROCHESTER, MN (FHA|USDA|VA) | 2 | $1,040,000 | $520,000 | $13,437 | 3.06% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 4 | $1,030,000 | $257,500 | $4,211 | 5.13% |
| MONTGOMERY, AL (FHA|USDA|VA) | 5 | $1,005,000 | $201,000 | $7,783 | 5.38% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $8,440 | 3.54% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $12,066 | 4.46% |
| GOLDSBORO, NC (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $9,771 | 4.21% |
| Altus, OK (FHA|USDA|VA) | 4 | $990,000 | $247,500 | $8,736 | 4.84% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 5 | $985,000 | $197,000 | $3,708 | 5.52% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $975,000 | $975,000 | $3,471 | 5.25% |
| Outside of Metro Areas | 1 | $975,000 | $975,000 | $6,134 | 4.50% |
| COLUMBIA, MO (FHA|USDA|VA) | 2 | $970,000 | $485,000 | $17,794 | 4.19% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $1,651 | 3.96% |
| Barre, VT (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $6,675 | 4.75% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 2 | $950,000 | $475,000 | $8,948 | 3.31% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 4 | $910,000 | $227,500 | $3,375 | 3.84% |
| Del Rio, TX (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $10,596 | 4.87% |
| ENID, OK (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $11,574 | 3.25% |
| Easton, MD (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $4,536 | 3.88% |
| IOWA CITY, IA (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $7,832 | 3.25% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 2 | $880,000 | $440,000 | $7,552 | 5.63% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 2 | $880,000 | $440,000 | $11,931 | 4.31% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $12,854 | 4.44% |
| BILLINGS, MT (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $11,994 | 4.44% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $13,323 | 3.75% |
| Oak Harbor, WA (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $11,505 | 4.44% |
| HINESVILLE, GA (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $8,464 | 5.21% |
| Morehead City, NC (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $10,252 | 6.50% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $10,797 | 3.81% |
| OCALA, FL (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $7,871 | 3.38% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $8,469 | 4.75% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $14,157 | 6.50% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $2,966 | 4.21% |
| MADISON, WI (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $4,852 | 3.63% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $16,228 | 4.25% |
| VALDOSTA, GA (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $13,335 | 3.81% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $4,381 | 3.71% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $5,859 | 3.63% |
| PUEBLO, CO (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $11,731 | 5.19% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $8,055 | 4.44% |
| RENO, NV (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $27,019 | 4.75% |
| Rutland, VT (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $27,928 | 4.63% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $5,288 | 4.13% |
| AKRON, OH (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $10,442 | 6.00% |
| WACO, TX (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $8,934 | 4.31% |
| Sheridan, WY (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $12,438 | 3.25% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $12,007 | 2.38% |
| FARGO, ND-MN (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $6,042 | 4.88% |
| LAFAYETTE, LA (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $4,063 | 4.31% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $11,649 | 3.25% |
| Lebanon, NH-VT (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $9,874 | 3.50% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $23,746 | 4.25% |
| Richmond-Berea, KY (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $3,416 | 5.38% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $411 | 2.25% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 4 | $580,000 | $145,000 | $3,719 | 5.34% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $2,604 | 3.38% |
| Hilo, HI (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $4,396 | 4.50% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $17,521 | 3.75% |
| Bedford, IN (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $4,372 | 4.75% |
| Williston, ND (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $3,893 | 4.25% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $19,226 | 4.38% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $5,628 | 5.31% |
| Thomaston, GA (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $3,463 | 4.50% |
| Statesboro, GA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $2,860 | 4.25% |
| Coos Bay, OR (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $12,604 | 4.50% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $5,403 | 4.25% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $10,451 | 4.38% |
| Ozark, AL (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $9,255 | 5.31% |
| Sanford, NC (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $12,289 | 4.94% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $6,002 | 4.63% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $12,321 | 4.50% |
| SALEM, OR (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $2,090 | 2.25% |
| Paris, TN (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $20,625 | 4.75% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $6,467 | 4.94% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $3,300 | 4.75% |
| Opelousas, LA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $8,044 | 3.25% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $13,890 | 3.38% |
| Laconia, NH (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $10,122 | 3.75% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $18,463 | 4.75% |
| Grand Rapids, MN (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $1,641 | 2.50% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $2,710 | 5.00% |
| MADERA, CA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $3,246 | 4.75% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $4,381 | 3.88% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $6,605 | 6.44% |
| MOBILE, AL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $5,447 | 3.81% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $8,389 | 6.38% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $16,896 | 4.38% |
| Cookeville, TN (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $17,942 | 3.25% |
| Montrose, CO (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $2,716 | 4.25% |
| Houghton, MI (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $11,058 | 4.00% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $3,174 | 4.75% |
| MIDLAND, MI (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $10,149 | 4.25% |
| Salina, KS (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $1,304 | 3.31% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $2,450 | 5.25% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $18,039 | 4.38% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $11,794 | 4.50% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,456 | 3.38% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $8,672 | 2.50% |
| Albertville, AL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $2,433 | 3.25% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $25,213 | 4.88% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $2,772 | 4.25% |
| Ellensburg, WA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $16,693 | 2.50% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $1,889 | 3.38% |
| Brookings, OR (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $6,490 | 4.25% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $5,449 | 3.63% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $2,503 | 5.50% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $4,033 | 4.00% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $2,196 | 2.38% |
| JACKSON, MS (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $5,036 | 4.88% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,643 | 3.13% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $14,280 | 4.75% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $2,516 | 4.25% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $8,143 | 4.38% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $3,882 | 6.31% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $7,897 | 4.63% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,312 | 5.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,231 | 2.75% |
| Washington, IN (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,034 | 3.56% |
| Blytheville, AR (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,581 | 3.00% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $2,854 | 5.19% |
| CHARLESTON, WV (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $11,546 | 3.88% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $9,763 | 4.50% |
| Fallon, NV (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $11,058 | 3.25% |
| Murray, KY (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $9,971 | 3.00% |
| FAIRBANKS, AK (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $13,917 | 7.63% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $13,368 | 4.75% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,827 | 5.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $4,155 | 4.50% |
| Norfolk, NE (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,519 | 4.75% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,562 | 4.75% |
| Hutchinson, KS (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,237 | 2.75% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $8,163 | 5.25% |
| Defiance, OH (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,144 | 4.25% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $7,803 | 4.50% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $5,608 | 4.81% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $9,610 | 4.75% |
| Granbury, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,049 | 4.88% |
| Crossville, TN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $6,738 | 3.75% |
| El Campo, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $10,972 | 4.25% |
| TYLER, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,347 | 5.88% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $15,590 | 3.88% |
| Lumberton, NC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $12,071 | 4.75% |
| Minot, ND (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,467 | 6.13% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,203 | 4.88% |
| Seymour, IN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $6,029 | 4.00% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $11,410 | 4.25% |
| Corning, NY (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $6,807 | 7.25% |
| Stevens Point, WI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $1,759 | 2.38% |
| Troy, AL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,302 | 4.75% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,343 | 7.00% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,443 | 5.75% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,893 | 5.88% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,229 | 4.25% |
| ELMIRA, NY (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,626 | 7.25% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $141 | 4.63% |
| Coffeyville, KS (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,878 | 3.75% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,314 | 2.50% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,137 | 5.63% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,751 | 4.25% |
| Bardstown, KY (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $11,727 | 5.63% |
| MANSFIELD, OH (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,207 | 4.63% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,906 | 5.13% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,144 | 6.38% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,064 | 6.13% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,337 | 5.63% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,782 | 6.63% |
| Aberdeen, WA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,652 | 6.75% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,759 | 4.75% |
| Sonora, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,822 | 3.75% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,482 | 6.13% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,408 | 5.25% |
| WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $10,833 | 6.63% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,300 | 5.75% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,315 | 5.63% |
| Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,840 | 3.63% |
| Cañon City, CO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $5,642 | 3.63% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,266 | 5.13% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,112 | 5.25% |
| Kingsville, TX (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,453 | 4.38% |
| BECKLEY, WV (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,387 | 3.99% |
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| VA | 983 | $422,025,000 | $429,323 | $9,852 | 4.29% |
| Conventional | 531 | $180,355,000 | $339,652 | $4,665 | 4.78% |
| FHA | 35 | $10,225,000 | $292,143 | $9,109 | 4.58% |
For 2022, Armed Forces Bank's most frequently originated type of loan was VA, with 983 originations. Their 2nd most popular type was Conventional, with 531 originations.
Loan Reason
For 2022, Armed Forces Bank's most frequently cited loan purpose was Home Purchase, with 1,231 originations. The 2nd most popular reason was Cash Out Refi, with 239 originations.
Loan Duration/Length
For 2022, Armed Forces Bank's most frequently cited loan duration was 30 Year, with 1,505 originations. The 2nd most popular length was 15 Year, with 37 originations.
Origination Fees/Closing Costs
Armed Forces Bank's average total fees were $8,171, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 903 originations.
Interest Rates
During 2022, Armed Forces Bank's average interest rate for loans was 4.50%, while their most frequently originated rate bucket for loans was 4-5%, with 586 originations.
Loan Sizing
2022 saw Armed Forces Bank place emphasis on $200k-400k loans with 695 originations, totaling $212,765,000 in origination value.
Applicant Income
Armed Forces Bank lent most frequently to those with incomes in the $100k-150k range, with 481 originations. The second most popular income band? $150k-250k, with 341 originations.
Applicant Debt to Income Ratio
Armed Forces Bank lent most frequently to those with DTI ratios of 50-60%, with 271 originations. The next most common DTI ratio? 30-36%, with 256 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.60%
Armed Forces Bank has an average approval rate.
Pick Rate
Approvals leading to origination56.81%
Armed Forces Bank 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 |
|---|---|---|---|
| NA | 1,549 | $612,605,000 | $395,484 |