Kirkpatrick Bank Mortgage Rates, Fees & Info

Edmond, OK

LEI: 5493009EEWZ9S4F2BE94

Tax ID: 73-0789115

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Kirkpatrick Bank is a smaller bank specializing in Home Purchase loans. Kirkpatrick Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Oklahoma City, Colorado Springs, and Denver among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Kirkpatrick 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.

    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.

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    Originations

    89

    Origination Dollar Volume (All Markets)

    $25,255,000

    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
    OKLAHOMA CITY, OK (FHA|USDA|VA) 60 $15,640,000 $260,667 $0 0.00%
    Outside of Metro Areas 22 $5,790,000 $263,182 $0 0.00%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 5 $3,045,000 $609,000 $0 0.00%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $780,000 $390,000 $0 0.00%
    Kirkpatrick Bank's top markets include Oklahoma City, Colorado Springs, and Denver among others.

    Their top states include:
  • Oklahoma (FHA|USDA|VA)
  • (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 80 $22,680,000 $283,500 $0 0.00%
    FHA 6 $1,270,000 $211,667 $0 0.00%
    VA 3 $1,305,000 $435,000 $0 0.00%

    For 2024, Kirkpatrick Bank's most frequently originated type of loan was Conventional, with 80 originations. Their 2nd most popular type was FHA, with 6 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 67 $20,695,000 $308,881 $0 0.00%
    Refi 10 $2,360,000 $236,000 $0 0.00%
    Cash Out Refi 7 $1,745,000 $249,286 $0 0.00%
    Other 4 $390,000 $97,500 $0 0.00%
    Home Improvement 1 $65,000 $65,000 $0 0.00%

    For 2024, Kirkpatrick Bank's most frequently cited loan purpose was Home Purchase, with 67 originations. The 2nd most popular reason was Refi, with 10 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 89 $25,255,000 $283,764 $0 0.00%

    For 2024, Kirkpatrick Bank's most frequently cited loan duration was Other, with 89 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 32 $8,640,000 $270,000 $0 0.00%
    $100k-200k 23 $3,565,000 $155,000 $0 0.00%
    $400k-600k 15 $6,775,000 $451,667 $0 0.00%
    $100,000 or less 11 $595,000 $54,091 $0 0.00%
    $600k-1MM 8 $5,680,000 $710,000 $0 0.00%

    2024 saw Kirkpatrick Bank place emphasis on $200k-400k loans with 32 originations, totaling $8,640,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 23 $6,605,000 $287,174 $0 0.00%
    $150k-250k 17 $5,055,000 $297,353 $0 0.00%
    $50k-75k 15 $2,255,000 $150,333 $0 0.00%
    $250k+ 11 $6,445,000 $585,909 $0 0.00%
    $75k-100k 11 $2,225,000 $202,273 $0 0.00%
    $50k or less 8 $1,020,000 $127,500 $0 0.00%

    Kirkpatrick Bank lent most frequently to those with incomes in the $100k-150k range, with 23 originations. The second most popular income band? $150k-250k, with 17 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 89 $25,255,000 $283,764 $0 0.00%

    Kirkpatrick Bank lent most frequently to those with DTI ratios of Exempt%, with 89 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 75 $20,815,000 $277,533 $0 0.00%
    Not applicable 3 $1,445,000 $481,667 $0 0.00%
    American Indian 5 $1,325,000 $265,000 $0 0.00%
    Not provided 4 $1,290,000 $322,500 $0 0.00%
    Black 2 $380,000 $190,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    96.08%

    Kirkpatrick Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    89.89%

    Kirkpatrick Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 89 $25,255,000 $283,764

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    89 $25,255,000 $283,764