Corefirst Bank & Trust Mortgage Rates, Fees & Info

Topeka, KS

LEI: 5493009SXBJ8LKIU7Q54

Tax ID: 48-0649730

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Corefirst Bank & Trust is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Corefirst Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, Topeka, Warrensburg, Denver, and St. Joseph among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Corefirst Bank & Trust 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. Corefirst Bank & Trust is typically a low 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.88% 12/16/24
    30 Year Conventional Purchase 6.18% 12/16/24
    30 Year Conventional Refi 6.12% 12/16/24
    30 Year Cash-out Refi 6.18% 12/16/24
    15 Year Conventional Purchase 5.56% 12/16/24
    15 Year Conventional Refi 5.77% 12/16/24
    15 Year Cash-out Refi 5.77% 12/16/24
    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.

    Corefirst Bank & Trust Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Corefirst Bank & Trust. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    444

    Origination Dollar Volume (All Markets)

    $88,870,000

    Awards

    CoreFirst Bank & Trust 30 Year Conventional Loans gold CoreFirst Bank & Trust 30 Year Conventional Loans gold CoreFirst Bank & Trust 30 Year Conventional Loans silver
    Show all (3) awards

    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
    KANSAS CITY, MO-KS (FHA|USDA|VA) 77 $35,765,000 $464,481 $2,088 5.40%
    TOPEKA, KS (FHA|USDA|VA) 332 $32,520,000 $97,952 $1,568 5.08%
    Warrensburg, MO (FHA|USDA|VA) 2 $7,210,000 $3,605,000 $0 5.00%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 8 $3,130,000 $391,250 $0 4.54%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 2 $3,040,000 $1,520,000 $0 4.89%
    Outside of Metro Areas 6 $2,570,000 $428,333 $3,459 4.63%
    LAWRENCE, KS (FHA|USDA|VA) 12 $1,970,000 $164,167 $2,072 5.03%
    Emporia, KS (FHA|USDA|VA) 2 $1,870,000 $935,000 $2,185 4.19%
    Ottawa, KS (FHA|USDA|VA) 1 $545,000 $545,000 $0 3.75%
    MANHATTAN, KS (FHA|USDA|VA) 2 $250,000 $125,000 $2,272 5.28%
    Corefirst Bank & Trust's top markets include Kansas City, Topeka, Warrensburg, Denver, and St. Joseph among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against CoreFirst Bank & Trust based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    CoreFirst Bank & Trust
    Similarity Rank: 70
    Bank of the Flint Hills
    Similarity Rank: 150
    Azura Credit Union
    Similarity Rank: 150
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 175
    FRONTIER COMMUNITY CREDIT UNION
    Similarity Rank: 354
    Envista Credit Union
    Similarity Rank: 360
    R-G Federal Credit Union
    Similarity Rank: 936
    Central National Bank
    Similarity Rank: 1846
    Mid-America Bank
    Similarity Rank: 2530
    Mortgage Investment Services Corporation
    Similarity Rank: 2623

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 262 $75,930,000 $289,809 $1,693 4.80%
    HELOC 182 $12,940,000 $71,099 n/a 5.57%

    For 2022, Corefirst Bank & Trust's most frequently originated type of loan was Conventional, with 262 originations. Their 2nd most popular type was HELOC, with 182 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 153 $47,015,000 $307,288 $2,042 5.13%
    Home Improvement 99 $6,425,000 $64,899 $822 5.54%
    Cash Out Refi 96 $25,020,000 $260,625 $2,193 4.71%
    Other 67 $3,375,000 $50,373 $213 5.63%
    Refi 29 $7,035,000 $242,586 $2,082 3.73%

    For 2022, Corefirst Bank & Trust's most frequently cited loan purpose was Home Purchase, with 153 originations. The 2nd most popular reason was Home Improvement, with 99 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 224 $25,560,000 $114,107 $582 5.44%
    30 Year 68 $13,870,000 $203,971 $2,071 4.47%
    5 Year 49 $28,215,000 $575,816 $0 5.12%
    15 Year 31 $6,065,000 $195,645 $2,220 3.35%
    1 Year 25 $3,215,000 $128,600 $0 6.61%
    10 Year 19 $9,015,000 $474,474 $775 5.37%
    20 Year 16 $1,960,000 $122,500 $2,115 3.79%
    3 Year 11 $465,000 $42,273 $0 5.45%
    30+ year 1 $505,000 $505,000 $7,364 4.50%

    For 2022, Corefirst Bank & Trust's most frequently cited loan duration was Other, with 224 originations. The 2nd most popular length was 30 Year, with 68 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 153 $23,735,000 $155,131
    $4k-5k 1 $505,000 $505,000

    Corefirst Bank & Trust's average total fees were $2,071, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 153 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 146 $26,150,000 $179,110
    5-6% 111 $27,075,000 $243,919
    6-7% 57 $16,805,000 $294,825
    3-4% 51 $9,155,000 $179,510
    7-8% 35 $2,595,000 $74,143
    2.5-3% 19 $4,395,000 $231,316
    <2.5% 15 $1,835,000 $122,333
    Over 8% 10 $860,000 $86,000

    During 2022, Corefirst Bank & Trust's average interest rate for loans was 4.47%, while their most frequently originated rate bucket for loans was 4-5%, with 146 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 242 $11,510,000 $47,562 $912 5.30%
    $100k-200k 108 $15,270,000 $141,389 $2,031 5.02%
    $200k-400k 64 $17,070,000 $266,719 $2,116 4.81%
    $400k-600k 12 $5,860,000 $488,333 $3,665 4.19%
    $1MM+ 11 $33,965,000 $3,087,727 $5,960 5.12%
    $600k-1MM 7 $5,195,000 $742,143 $2,847 4.58%

    2022 saw Corefirst Bank & Trust place emphasis on $100,000 or less loans with 242 originations, totaling $11,510,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 84 $6,650,000 $79,167 $1,682 4.80%
    $100k-150k 68 $9,210,000 $135,441 $1,754 5.32%
    $50k or less 63 $3,445,000 $54,683 $1,455 4.97%
    $75k-100k 57 $6,415,000 $112,544 $1,639 5.11%
    $150k-250k 35 $5,345,000 $152,714 $1,736 5.10%
    $250k+ 27 $6,665,000 $246,852 $2,861 4.85%

    Corefirst Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 84 originations. The second most popular income band? $100k-150k, with 68 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 107 $13,845,000 $129,393 $1,642 4.96%
    <20% 75 $7,055,000 $94,067 $1,943 4.74%
    30-36% 67 $7,335,000 $109,478 $1,554 5.08%
    42% 15 $1,675,000 $111,667 $2,176 5.51%
    41% 12 $1,990,000 $165,833 $2,522 5.20%
    40% 11 $1,025,000 $93,182 $942 5.48%
    36% 10 $810,000 $81,000 $1,564 6.35%
    39% 8 $1,220,000 $152,500 $977 5.59%
    37% 8 $1,050,000 $131,250 $2,137 3.94%
    38% 6 $400,000 $66,667 $927 6.17%
    43% 4 $170,000 $42,500 $0 4.94%
    46% 1 $55,000 $55,000 $1,761 4.38%
    50-60% 1 $95,000 $95,000 $0 5.00%

    Corefirst Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 107 originations. The next most common DTI ratio? <20%, with 75 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 95 $50,205,000 $528,474 $0 5.42%
    White 289 $31,015,000 $107,318 $1,625 5.10%
    Not provided 29 $4,445,000 $153,276 $2,012 4.38%
    Black 19 $1,615,000 $85,000 $2,051 5.26%
    Asian 8 $1,350,000 $168,750 $2,059 4.09%
    American Indian 4 $240,000 $60,000 $920 5.75%

    Approval Rates

    Total approvals of all applications
    91.96%

    Corefirst Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.43%

    Corefirst Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 444 $88,870,000 $200,158

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    444 $88,870,000 $200,158

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 86 $6,230,000 $72,442 $904 5.26%
    40-60% 55 $11,695,000 $212,636 $1,918 4.83%
    60-80% 155 $55,095,000 $355,452 $2,211 4.99%
    80-100% 71 $13,125,000 $184,859 $2,001 4.76%
    Under 20% 77 $2,725,000 $35,390 $199 5.74%