Centennial Bank Mortgage Rates, Fees & Info

Conway, AR

LEI: 549300BEFX6JRSCS5N78

Tax ID: 71-0009885

5 stars - Updated: 6/16/24 - out of 5 stars, based on 51 reviews

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

Jump to:

Mortgage Data

Review & Overview

Centennial Bank is a smaller bank specializing in Home Purchase loans. Centennial Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Fayetteville, Little Rock, Dallas, Austin, and Orlando among others. We have data for 123 markets. (Some data included below & more in-depth data is available with an active subscription.)

Centennial 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. Centennial 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 relatively high 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) 6.27% 6/16/24
30 Year Conventional Purchase 6.88% 6/16/24
30 Year Conventional Refi 6.88% 6/16/24
30 Year Cash-out Refi 7.10% 6/16/24
30 Year FHA Purchase 7.38% 6/16/24
30 Year FHA Refi 7.11% 6/16/24
30 Year VA Purchase 6.24% 6/16/24
30 Year VA Refi 6.27% 6/16/24
30 Year USDA Purchase 6.86% 6/16/24
15 Year Conventional Purchase 6.32% 6/16/24
15 Year Conventional Refi 6.27% 6/16/24
15 Year Cash-out Refi 6.27% 6/16/24
15 Year FHA Purchase 5.68% 6/16/24
15 Year VA Purchase 5.70% 6/16/24
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.

Centennial Bank Mortgage Calculator






Your Estimates

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

This is not an official calculator from Centennial Bank. 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

2,651

Origination Dollar Volume (All Markets)

$825,345,000
Show all (16) awards

Relative Rate

Centennial Bank's average 30 year fixed mortgage rate was 6.52%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.04%.

Relative Fees (Closing Costs)

Centennial Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $6,363.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 391 $114,755,000 $293,491 $5,756 6.74%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 485 $100,365,000 $206,938 $5,337 7.12%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 151 $57,105,000 $378,179 $7,117 7.08%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 21 $55,445,000 $2,640,238 $11,029 7.04%
Outside of Metro Areas 240 $51,900,000 $216,250 $5,674 6.83%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 124 $47,320,000 $381,613 $7,672 6.64%
PANAMA CITY, FL (FHA|USDA|VA) 128 $37,630,000 $293,984 $7,105 5.72%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 44 $30,080,000 $683,636 $8,878 6.87%
AMARILLO, TX (FHA|USDA|VA) 111 $24,945,000 $224,730 $5,798 7.01%
Key West, FL (FHA|USDA|VA) 41 $24,415,000 $595,488 $10,029 7.25%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 52 $23,200,000 $446,154 $11,034 6.68%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 37 $21,735,000 $587,432 $8,633 6.92%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 34 $20,380,000 $599,412 $8,435 7.15%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 62 $17,200,000 $277,419 $7,051 7.44%
JONESBORO, AR (FHA|USDA|VA) 75 $14,885,000 $198,467 $4,870 7.20%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 27 $14,145,000 $523,889 $9,092 7.00%
TALLAHASSEE, FL (FHA|USDA|VA) 72 $14,140,000 $196,389 $7,758 5.32%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 22 $12,920,000 $587,273 $8,122 7.51%
Arcadia, FL (FHA|USDA|VA) 1 $11,105,000 $11,105,000 $0 6.90%
LUBBOCK, TX (FHA|USDA|VA) 35 $9,195,000 $262,714 $6,898 7.60%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $8,755,000 $8,755,000 $44,044 7.13%
FORT SMITH, AR-OK (FHA|USDA|VA) 50 $8,600,000 $172,000 $4,009 6.69%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 16 $8,260,000 $516,250 $9,828 7.21%
Russellville, AR (FHA|USDA|VA) 73 $7,665,000 $105,000 $4,871 7.77%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 16 $7,490,000 $468,125 $8,576 6.84%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 21 $6,515,000 $310,238 $8,607 7.72%
Searcy, AR (FHA|USDA|VA) 47 $5,545,000 $117,979 $4,597 7.68%
Kerrville, TX (FHA|USDA|VA) 16 $5,080,000 $317,500 $6,013 6.84%
PUNTA GORDA, FL (FHA|USDA|VA) 19 $4,515,000 $237,632 $6,180 7.23%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 10 $3,760,000 $376,000 $7,294 7.30%
Paragould, AR (FHA|USDA|VA) 27 $3,105,000 $115,000 $3,625 7.23%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $2,095,000 $698,333 $10,895 7.13%
PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $1,965,000 $655,000 $7,264 6.71%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $1,855,000 $618,333 $8,342 7.00%
TYLER, TX (FHA|USDA|VA) 3 $1,855,000 $618,333 $6,340 6.46%
OCALA, FL (FHA|USDA|VA) 5 $1,805,000 $361,000 $7,659 6.93%
Borger, TX (FHA|USDA|VA) 11 $1,725,000 $156,818 $6,437 7.56%
Batesville, AR (FHA|USDA|VA) 15 $1,605,000 $107,000 $4,424 7.35%
CORPUS CHRISTI, TX (FHA|USDA|VA) 5 $1,525,000 $305,000 $5,189 6.70%
Mineral Wells, TX (FHA|USDA|VA) 1 $1,445,000 $1,445,000 $10,893 6.88%
PINE BLUFF, AR (FHA|USDA|VA) 8 $1,400,000 $175,000 $2,956 8.70%
Cullowhee, NC (FHA|USDA|VA) 1 $1,305,000 $1,305,000 $0 8.65%
Mountain Home, AR (FHA|USDA|VA) 11 $1,195,000 $108,636 $3,731 7.12%
Fredericksburg, TX (FHA|USDA|VA) 2 $1,160,000 $580,000 $7,498 7.50%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $1,140,000 $285,000 $4,930 6.20%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 4 $1,130,000 $282,500 $5,491 7.41%
JACKSONVILLE, FL (FHA|USDA|VA) 2 $1,080,000 $540,000 $6,532 7.69%
Pampa, TX (FHA|USDA|VA) 10 $1,020,000 $102,000 $5,890 7.45%
Nacogdoches, TX (FHA|USDA|VA) 1 $915,000 $915,000 $7,964 7.00%
FORT COLLINS, CO (FHA|USDA|VA) 2 $830,000 $415,000 $3,620 6.38%
Dumas, TX (FHA|USDA|VA) 5 $825,000 $165,000 $5,010 7.80%
WACO, TX (FHA|USDA|VA) 2 $780,000 $390,000 $7,022 6.19%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $760,000 $380,000 $5,224 7.06%
ABILENE, TX (FHA|USDA|VA) 3 $745,000 $248,333 $5,525 7.21%
MORGANTOWN, WV (FHA|USDA|VA) 1 $725,000 $725,000 $0 6.50%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 3 $715,000 $238,333 $6,765 7.04%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $705,000 $705,000 $10,833 5.88%
JOPLIN, MO (FHA|USDA|VA) 3 $685,000 $228,333 $5,213 6.88%
Hereford, TX (FHA|USDA|VA) 4 $680,000 $170,000 $4,237 7.09%
Plainview, TX (FHA|USDA|VA) 6 $680,000 $113,333 $2,961 7.00%
Snyder, TX (FHA|USDA|VA) 1 $675,000 $675,000 $7,670 5.63%
Palatka, FL (FHA|USDA|VA) 2 $660,000 $330,000 $6,673 7.38%
BEND, OR (FHA|USDA|VA) 1 $655,000 $655,000 $6,417 6.38%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $625,000 $625,000 $0 8.00%
KNOXVILLE, TN (FHA|USDA|VA) 1 $535,000 $535,000 $4,614 7.25%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $515,000 $515,000 $13,585 8.13%
HOT SPRINGS, AR (FHA|USDA|VA) 3 $505,000 $168,333 $3,683 7.29%
Cullman, AL (FHA|USDA|VA) 1 $495,000 $495,000 $4,271 6.75%
Levelland, TX (FHA|USDA|VA) 5 $495,000 $99,000 $3,269 8.35%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $485,000 $485,000 $4,767 6.88%
Guymon, OK (FHA|USDA|VA) 2 $470,000 $235,000 $3,474 7.13%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $465,000 $465,000 $20,175 6.13%
Gainesville, TX (FHA|USDA|VA) 1 $445,000 $445,000 $17,958 6.38%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $425,000 $425,000 $6,604 6.00%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $405,000 $405,000 $5,898 5.88%
ITHACA, NY (FHA|USDA|VA) 1 $385,000 $385,000 $14,579 7.63%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $370,000 $185,000 $4,716 6.00%
MIDLAND, TX (FHA|USDA|VA) 1 $365,000 $365,000 $0 9.50%
COLUMBIA, SC (FHA|USDA|VA) 1 $355,000 $355,000 $7,452 6.25%
Bonham, TX (FHA|USDA|VA) 1 $345,000 $345,000 $9,925 6.13%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $325,000 $325,000 $10,689 6.25%
TOPEKA, KS (FHA|USDA|VA) 1 $325,000 $325,000 $5,207 7.50%
Stephenville, TX (FHA|USDA|VA) 1 $325,000 $325,000 $7,148 5.75%
EL PASO, TX (FHA|USDA|VA) 1 $325,000 $325,000 $4,674 6.63%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $315,000 $315,000 $8,389 7.50%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $305,000 $305,000 $3,806 6.25%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $305,000 $305,000 $3,926 6.25%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $300,000 $150,000 $3,381 7.19%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $295,000 $295,000 $9,662 7.13%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $295,000 $295,000 $8,709 6.63%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $295,000 $295,000 $0 8.15%
Alice, TX (FHA|USDA|VA) 1 $265,000 $265,000 $9,868 7.50%
Blytheville, AR (FHA|USDA|VA) 2 $260,000 $130,000 $2,593 6.56%
Harrison, AR (FHA|USDA|VA) 2 $260,000 $130,000 $6,146 7.19%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $255,000 $255,000 $5,524 5.88%
SAN ANGELO, TX (FHA|USDA|VA) 1 $255,000 $255,000 $3,919 5.50%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $245,000 $245,000 $0 7.63%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $245,000 $245,000 $7,217 7.13%
Corsicana, TX (FHA|USDA|VA) 1 $235,000 $235,000 $4,177 8.50%
Athens, TX (FHA|USDA|VA) 1 $235,000 $235,000 $0 9.50%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $230,000 $115,000 $3,506 6.00%
TUCSON, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $4,678 6.50%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $215,000 $215,000 $3,371 6.00%
GREENVILLE, NC (FHA|USDA|VA) 1 $205,000 $205,000 $0 7.50%
Granbury, TX (FHA|USDA|VA) 1 $205,000 $205,000 $6,042 7.50%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $205,000 $205,000 $2,120 7.00%
AKRON, OH (FHA|USDA|VA) 3 $195,000 $65,000 $0 7.96%
GADSDEN, AL (FHA|USDA|VA) 1 $185,000 $185,000 $4,085 6.63%
MOBILE, AL (FHA|USDA|VA) 1 $185,000 $185,000 $0 7.00%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $175,000 $175,000 $5,585 5.75%
Big Spring, TX (FHA|USDA|VA) 1 $175,000 $175,000 $0 8.25%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $165,000 $165,000 $9,235 6.00%
Fort Payne, AL (FHA|USDA|VA) 1 $165,000 $165,000 $6,913 8.13%
Forrest City, AR (FHA|USDA|VA) 1 $165,000 $165,000 $3,657 6.63%
Durant, OK (FHA|USDA|VA) 1 $125,000 $125,000 $0 9.00%
PITTSBURGH, PA (FHA|USDA|VA) 1 $115,000 $115,000 $6,091 7.63%
TULSA, OK (FHA|USDA|VA) 1 $115,000 $115,000 $5,869 6.50%
Arkadelphia, AR (FHA|USDA|VA) 1 $105,000 $105,000 $2,042 6.75%
Hobbs, NM (FHA|USDA|VA) 1 $95,000 $95,000 $0 9.50%
Beeville, TX (FHA|USDA|VA) 1 $85,000 $85,000 $3,369 7.13%
Cleveland, MS (FHA|USDA|VA) 1 $65,000 $65,000 $3,674 7.63%
LONGVIEW, TX (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.50%
Kennett, MO (FHA|USDA|VA) 1 $45,000 $45,000 $3,523 7.38%
Centennial Bank's top markets include Fayetteville, Little Rock, Dallas, Austin, and Orlando among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Similar Lenders

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

    MORTGAGE ONE OF THE SOUTH, INC.
    Similarity Rank: 42
    Gulf Winds Credit Union
    Similarity Rank: 80
    FIRST COMMERCE CREDIT UNION
    Similarity Rank: 138
    Envision Credit Union
    Similarity Rank: 240
    DSLD MORTGAGE, LLC
    Similarity Rank: 342
    ORLANDO CREDIT UNION
    Similarity Rank: 459
    We Florida Financial
    Similarity Rank: 476
    HARVESTERS FEDERAL CREDIT UNION
    Similarity Rank: 504

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,973 $682,715,000 $346,029 $5,684 6.76%
    FHA 285 $64,565,000 $226,544 $9,159 6.59%
    HELOC 245 $35,145,000 $143,449 n/a 8.99%
    VA 110 $37,040,000 $336,727 $10,096 6.36%
    USDA 38 $5,880,000 $154,737 $6,012 6.37%

    For 2023, Centennial Bank's most frequently originated type of loan was Conventional, with 1,973 originations. Their 2nd most popular type was FHA, with 285 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,216 $746,080,000 $336,679 $6,489 6.72%
    Home Improvement 174 $21,530,000 $123,736 $4,647 8.43%
    Cash Out Refi 109 $23,925,000 $219,495 $6,124 7.74%
    Other 94 $16,620,000 $176,809 $5,180 8.05%
    Refi 58 $17,190,000 $296,379 $5,806 7.04%

    For 2023, Centennial Bank's most frequently cited loan purpose was Home Purchase, with 2,216 originations. The 2nd most popular reason was Home Improvement, with 174 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,887 $546,385,000 $289,552 $6,363 6.52%
    20 Year 213 $28,825,000 $135,329 $4,535 8.87%
    30+ year 183 $120,685,000 $659,481 $9,595 7.18%
    10 Year 121 $11,065,000 $91,446 $81 7.66%
    1 Year 67 $14,595,000 $217,836 $0 9.08%
    Other 56 $31,590,000 $564,107 $6,855 7.81%
    3 Year 52 $15,210,000 $292,500 $144 7.18%
    15 Year 47 $13,095,000 $278,617 $5,414 6.16%
    5 Year 25 $43,895,000 $1,755,800 $130 8.66%

    For 2023, Centennial Bank's most frequently cited loan duration was 30 Year, with 1,887 originations. The 2nd most popular length was 20 Year, with 213 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,072 $379,730,000 $354,226
    $2k-3k 296 $84,630,000 $285,912
    $5k+ 239 $95,185,000 $398,264
    $3k-4k 193 $52,485,000 $271,943
    $4k-5k 139 $43,985,000 $316,439
    $<1k 118 $7,960,000 $67,458

    Centennial Bank's average total fees were $6,363, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,072 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 993 $316,245,000 $318,474
    7-8% 645 $221,085,000 $342,767
    Over 8% 505 $147,845,000 $292,762
    5-6% 420 $132,840,000 $316,286
    <2.5% 65 $905,000 $13,923
    4-5% 23 $6,425,000 $279,348

    During 2023, Centennial Bank's average interest rate for loans was 6.52%, while their most frequently originated rate bucket for loans was 6-7%, with 993 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 951 $267,525,000 $281,309 $6,970 6.87%
    $100k-200k 657 $99,595,000 $151,591 $4,759 7.08%
    $100,000 or less 500 $24,160,000 $48,320 $2,244 6.77%
    $400k-600k 301 $144,035,000 $478,522 $7,914 6.90%
    $600k-1MM 177 $128,515,000 $726,073 $9,293 7.05%
    $1MM+ 65 $161,515,000 $2,484,846 $14,283 7.25%

    2023 saw Centennial Bank place emphasis on $200k-400k loans with 951 originations, totaling $267,525,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 507 $82,315,000 $162,357 $5,395 6.52%
    $100k-150k 503 $131,105,000 $260,646 $6,554 6.93%
    $75k-100k 433 $87,535,000 $202,159 $6,218 6.67%
    $150k-250k 373 $145,575,000 $390,282 $7,363 6.98%
    $250k+ 346 $235,260,000 $679,942 $8,894 7.15%
    $50k or less 255 $27,385,000 $107,392 $4,110 6.68%

    Centennial Bank lent most frequently to those with incomes in the $50k-75k range, with 507 originations. The second most popular income band? $100k-150k, with 503 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 442 $137,150,000 $310,294 $6,329 6.79%
    20-30% 406 $106,420,000 $262,118 $5,861 6.79%
    <20% 182 $51,800,000 $284,615 $5,582 7.21%
    44% 119 $35,995,000 $302,479 $5,723 7.03%
    50-60% 112 $32,530,000 $290,446 $8,852 6.38%
    39% 111 $34,935,000 $314,730 $6,522 6.67%
    42% 110 $36,450,000 $331,364 $6,735 6.55%
    41% 108 $26,690,000 $247,130 $5,560 6.47%
    37% 106 $31,080,000 $293,208 $6,859 6.90%
    43% 104 $28,070,000 $269,904 $5,812 6.55%
    49% 97 $29,225,000 $301,289 $6,853 6.45%
    38% 94 $28,000,000 $297,872 $5,800 6.69%
    40% 80 $26,530,000 $331,625 $6,676 7.06%
    36% 77 $22,675,000 $294,481 $6,427 6.76%
    48% 72 $18,990,000 $263,750 $6,521 6.56%
    47% 67 $21,455,000 $320,224 $7,446 6.22%
    45% 56 $19,450,000 $347,321 $7,217 6.62%
    46% 54 $15,960,000 $295,556 $6,913 6.93%
    >60% 11 $10,055,000 $914,091 $13,696 6.88%

    Centennial Bank lent most frequently to those with DTI ratios of 30-36%, with 442 originations. The next most common DTI ratio? 20-30%, with 406 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,775 $483,305,000 $272,285 $6,321 6.89%
    Not provided 468 $159,810,000 $341,474 $6,453 6.63%
    Not applicable 172 $103,010,000 $598,895 $0 8.63%
    Asian 75 $30,025,000 $400,333 $7,803 6.80%
    Black 103 $24,015,000 $233,155 $6,582 6.42%
    Asian Indian 23 $17,165,000 $746,304 $6,888 6.55%
    American Indian 25 $5,265,000 $210,600 $5,408 6.65%
    Filipino 2 $890,000 $445,000 $10,041 6.25%
    Other Asian 1 $625,000 $625,000 $14,556 7.13%
    3 $445,000 $148,333 $4,603 4.83%
    Native Hawaiian or Islander 2 $360,000 $180,000 $9,193 7.83%
    Japanese 1 $235,000 $235,000 $3,815 6.25%
    Korean 1 $195,000 $195,000 $7,130 6.25%

    Approval Rates

    Total approvals of all applications
    79.52%

    Centennial Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    66.01%

    Centennial 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 2,651 $825,345,000 $311,333

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,651 $825,345,000 $311,333

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 188 $39,380,000 $209,468 $5,127 7.54%
    40-60% 279 $142,875,000 $512,097 $6,529 7.10%
    60-80% 666 $241,820,000 $363,093 $6,735 7.16%
    80-100% 1,220 $379,000,000 $310,656 $6,623 6.85%
    Over 100% 24 $8,860,000 $369,167 $16,472 6.43%
    Under 20% 267 $12,925,000 $48,408 $841 6.10%