Centennial Bank Mortgage Rates, Fees & Info

Conway, AR

LEI: 549300BEFX6JRSCS5N78

Tax ID: 71-0009885

5 stars - Updated: 2/26/24 - out of 5 stars, based on 60 reviews

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

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Mortgage Data

Review & Overview

Centennial Bank is a small 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: Little Rock, Dallas, Miami, Amarillo, and Fayetteville among others. We have data for 129 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 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) 6.27% 2/26/24
30 Year Conventional Purchase 6.88% 2/26/24
30 Year Conventional Refi 6.88% 2/26/24
30 Year Cash-out Refi 7.10% 2/26/24
30 Year FHA Purchase 7.38% 2/26/24
30 Year FHA Refi 7.11% 2/26/24
30 Year VA Purchase 6.24% 2/26/24
30 Year VA Refi 6.27% 2/26/24
30 Year USDA Purchase 6.86% 2/26/24
15 Year Conventional Purchase 6.32% 2/26/24
15 Year Conventional Refi 6.27% 2/26/24
15 Year Cash-out Refi 6.27% 2/26/24
15 Year FHA Purchase 5.68% 2/26/24
15 Year VA Purchase 5.70% 2/26/24
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

3,549

Origination Dollar Volume (All Markets)

$1,320,245,000
Show all (18) awards

Relative Rate

Centennial Bank's average 30 year fixed mortgage rate was 4.85%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.09%.

Relative Fees (Closing Costs)

Centennial Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,594.

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 $4,750.

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
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 639 $166,325,000 $260,290 $4,852 5.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 175 $137,015,000 $782,943 $6,301 4.94%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 66 $120,790,000 $1,830,152 $8,185 4.95%
AMARILLO, TX (FHA|USDA|VA) 344 $94,990,000 $276,134 $5,564 5.02%
Outside of Metro Areas 323 $73,375,000 $227,167 $5,488 4.87%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 274 $65,630,000 $239,526 $4,748 5.19%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $62,980,000 $31,490,000 $0 5.11%
PANAMA CITY, FL (FHA|USDA|VA) 206 $62,940,000 $305,534 $6,806 4.44%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 17 $56,465,000 $3,321,471 $10,440 5.03%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 120 $53,100,000 $442,500 $7,724 4.75%
Key West, FL (FHA|USDA|VA) 69 $43,155,000 $625,435 $8,579 4.65%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 72 $34,700,000 $481,944 $10,010 4.54%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 58 $27,500,000 $474,138 $6,993 4.45%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 85 $27,105,000 $318,882 $6,111 5.10%
LUBBOCK, TX (FHA|USDA|VA) 105 $23,295,000 $221,857 $5,565 4.87%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 40 $17,720,000 $443,000 $5,706 4.86%
TALLAHASSEE, FL (FHA|USDA|VA) 102 $17,170,000 $168,333 $6,486 4.17%
SHERMAN-DENISON, TX (FHA|USDA|VA) 15 $14,615,000 $974,333 $9,779 5.53%
JONESBORO, AR (FHA|USDA|VA) 80 $14,080,000 $176,000 $4,477 5.16%
Kerrville, TX (FHA|USDA|VA) 28 $13,120,000 $468,571 $6,059 4.51%
MIDLAND, TX (FHA|USDA|VA) 4 $12,870,000 $3,217,500 $5,597 4.72%
PUNTA GORDA, FL (FHA|USDA|VA) 36 $12,550,000 $348,611 $7,665 4.83%
Russellville, AR (FHA|USDA|VA) 86 $11,400,000 $132,558 $4,074 5.21%
Searcy, AR (FHA|USDA|VA) 64 $10,960,000 $171,250 $4,311 5.24%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 10 $10,210,000 $1,021,000 $8,428 4.74%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 27 $8,755,000 $324,259 $5,192 5.12%
FORT SMITH, AR-OK (FHA|USDA|VA) 51 $7,515,000 $147,353 $3,729 5.39%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 19 $7,275,000 $382,895 $5,597 4.88%
Pampa, TX (FHA|USDA|VA) 19 $5,995,000 $315,526 $3,303 5.89%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 10 $5,960,000 $596,000 $4,864 5.25%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 16 $5,220,000 $326,250 $6,377 5.33%
Batesville, AR (FHA|USDA|VA) 34 $5,200,000 $152,941 $3,772 4.94%
WACO, TX (FHA|USDA|VA) 1 $5,045,000 $5,045,000 $0 4.75%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 15 $4,805,000 $320,333 $4,844 5.38%
Paragould, AR (FHA|USDA|VA) 35 $4,495,000 $128,429 $3,871 4.83%
Fredericksburg, TX (FHA|USDA|VA) 8 $4,290,000 $536,250 $6,528 4.41%
Borger, TX (FHA|USDA|VA) 36 $4,100,000 $113,889 $4,756 5.55%
PINE BLUFF, AR (FHA|USDA|VA) 27 $3,655,000 $135,370 $4,461 4.98%
Granbury, TX (FHA|USDA|VA) 7 $3,215,000 $459,286 $7,037 4.18%
Brownwood, TX (FHA|USDA|VA) 1 $3,035,000 $3,035,000 $0 0.00%
ABILENE, TX (FHA|USDA|VA) 17 $2,445,000 $143,824 $4,207 4.87%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $2,405,000 $2,405,000 $11,035 4.00%
Dumas, TX (FHA|USDA|VA) 17 $2,375,000 $139,706 $4,763 5.25%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $2,165,000 $309,286 $6,625 4.71%
OKLAHOMA CITY, OK (FHA|USDA|VA) 7 $1,915,000 $273,571 $6,099 5.22%
JACKSONVILLE, FL (FHA|USDA|VA) 6 $1,790,000 $298,333 $6,170 4.10%
Plainview, TX (FHA|USDA|VA) 17 $1,755,000 $103,235 $3,653 4.99%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 6 $1,660,000 $276,667 $7,633 5.58%
SAN ANGELO, TX (FHA|USDA|VA) 3 $1,655,000 $551,667 $0 5.41%
Mountain Home, AR (FHA|USDA|VA) 13 $1,505,000 $115,769 $2,502 5.59%
Bonham, TX (FHA|USDA|VA) 1 $1,355,000 $1,355,000 $0 5.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,260,000 $315,000 $3,621 6.00%
Durango, CO (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $6,317 3.88%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $1,130,000 $565,000 $5,119 3.75%
DOTHAN, AL (FHA|USDA|VA) 3 $1,125,000 $375,000 $2,670 5.10%
Stephenville, TX (FHA|USDA|VA) 2 $1,110,000 $555,000 $3,716 4.38%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 5.79%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 3 $995,000 $331,667 $4,293 5.04%
Athens, TX (FHA|USDA|VA) 1 $895,000 $895,000 $12,537 5.63%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 2 $880,000 $440,000 $2,301 3.81%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 3 $875,000 $291,667 $9,117 5.73%
MOBILE, AL (FHA|USDA|VA) 7 $875,000 $125,000 $2,767 6.29%
Mineral Wells, TX (FHA|USDA|VA) 2 $870,000 $435,000 $3,480 4.88%
OCALA, FL (FHA|USDA|VA) 5 $835,000 $167,000 $4,382 4.30%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $795,000 $265,000 $8,830 5.25%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $790,000 $395,000 $15,173 4.13%
Adrian, MI (FHA|USDA|VA) 2 $740,000 $370,000 $6,130 5.19%
Hereford, TX (FHA|USDA|VA) 5 $715,000 $143,000 $6,079 3.28%
Snyder, TX (FHA|USDA|VA) 1 $685,000 $685,000 $7,502 5.38%
ASHEVILLE, NC (FHA|USDA|VA) 1 $645,000 $645,000 $5,155 3.88%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $635,000 $635,000 $2,872 4.88%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $605,000 $605,000 $11,534 5.50%
THE VILLAGES, FL (FHA|USDA|VA) 2 $560,000 $280,000 $4,809 6.81%
KNOXVILLE, TN (FHA|USDA|VA) 1 $555,000 $555,000 $5,405 6.00%
TUCSON, AZ (FHA|USDA|VA) 1 $545,000 $545,000 $0 4.50%
TYLER, TX (FHA|USDA|VA) 2 $540,000 $270,000 $4,550 4.88%
Andrews, TX (FHA|USDA|VA) 1 $535,000 $535,000 $0 5.50%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $535,000 $535,000 $5,761 4.88%
VICTORIA, TX (FHA|USDA|VA) 1 $535,000 $535,000 $8,798 4.50%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $515,000 $515,000 $19,538 3.25%
GREELEY, CO (FHA|USDA|VA) 1 $505,000 $505,000 $4,218 5.13%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $505,000 $505,000 $3,995 4.25%
TULSA, OK (FHA|USDA|VA) 2 $500,000 $250,000 $6,531 4.31%
HOT SPRINGS, AR (FHA|USDA|VA) 4 $500,000 $125,000 $2,367 4.53%
CHEYENNE, WY (FHA|USDA|VA) 1 $485,000 $485,000 $3,747 4.88%
MONROE, LA (FHA|USDA|VA) 1 $465,000 $465,000 $4,400 4.75%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $455,000 $455,000 $28,055 5.13%
GAINESVILLE, FL (FHA|USDA|VA) 2 $440,000 $220,000 $8,589 5.69%
Atmore, AL (FHA|USDA|VA) 1 $425,000 $425,000 $0 6.72%
Levelland, TX (FHA|USDA|VA) 1 $425,000 $425,000 $4,527 3.00%
Malvern, AR (FHA|USDA|VA) 5 $415,000 $83,000 $2,856 6.10%
West Plains, MO (FHA|USDA|VA) 2 $390,000 $195,000 $4,707 4.50%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $385,000 $385,000 $3,262 3.88%
Rochelle, IL (FHA|USDA|VA) 1 $385,000 $385,000 $3,778 6.50%
Helena-West Helena, AR (FHA|USDA|VA) 4 $380,000 $95,000 $3,073 4.06%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $375,000 $375,000 $15,725 5.50%
Corsicana, TX (FHA|USDA|VA) 1 $365,000 $365,000 $5,342 3.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $325,000 $325,000 $9,465 4.75%
Gloversville, NY (FHA|USDA|VA) 1 $315,000 $315,000 $4,948 2.50%
Brainerd, MN (FHA|USDA|VA) 1 $295,000 $295,000 $6,490 5.13%
Lamesa, TX (FHA|USDA|VA) 2 $290,000 $145,000 $3,931 3.44%
Gainesville, TX (FHA|USDA|VA) 2 $290,000 $145,000 $0 6.13%
KANSAS CITY, MO-KS (FHA|USDA|VA) 2 $290,000 $145,000 $2,680 5.38%
LAS CRUCES, NM (FHA|USDA|VA) 1 $285,000 $285,000 $8,077 4.63%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $285,000 $285,000 $9,906 3.38%
London, KY (FHA|USDA|VA) 1 $275,000 $275,000 $4,694 3.13%
Cullman, AL (FHA|USDA|VA) 1 $265,000 $265,000 $13,837 4.75%
Ruston, LA (FHA|USDA|VA) 1 $255,000 $255,000 $3,930 5.00%
SAVANNAH, GA (FHA|USDA|VA) 1 $235,000 $235,000 $6,328 7.00%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $225,000 $225,000 $3,438 4.75%
EL PASO, TX (FHA|USDA|VA) 1 $225,000 $225,000 $0 4.50%
Durant, OK (FHA|USDA|VA) 2 $220,000 $110,000 $0 6.13%
Poplar Bluff, MO (FHA|USDA|VA) 1 $205,000 $205,000 $4,485 5.63%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $195,000 $195,000 $4,299 5.13%
Nacogdoches, TX (FHA|USDA|VA) 1 $195,000 $195,000 $3,878 5.00%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $175,000 $175,000 $3,925 3.25%
Arkadelphia, AR (FHA|USDA|VA) 1 $155,000 $155,000 $5,601 3.88%
Bainbridge, GA (FHA|USDA|VA) 1 $135,000 $135,000 $6,208 3.00%
Stillwater, OK (FHA|USDA|VA) 1 $125,000 $125,000 $3,825 5.75%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.25%
Wooster, OH (FHA|USDA|VA) 1 $125,000 $125,000 $4,812 4.00%
Fort Leonard Wood, MO (FHA|USDA|VA) 1 $115,000 $115,000 $2,257 5.88%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $115,000 $115,000 $2,667 6.75%
Beeville, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,942 4.00%
Natchez, MS-LA (FHA|USDA|VA) 1 $105,000 $105,000 $7,182 5.13%
JOPLIN, MO (FHA|USDA|VA) 1 $85,000 $85,000 $2,438 5.75%
Miami, OK (FHA|USDA|VA) 1 $85,000 $85,000 $5,846 6.00%
PITTSBURGH, PA (FHA|USDA|VA) 1 $45,000 $45,000 $3,194 4.00%
Blytheville, AR (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.75%
Centennial Bank's top markets include Little Rock, Dallas, Miami, Amarillo, and Fayetteville among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,638 $1,113,640,000 $422,153 $4,924 4.90%
    FHA 405 $86,205,000 $212,852 $8,029 4.93%
    HELOC 278 $58,840,000 $211,655 n/a 5.55%
    VA 166 $52,210,000 $314,518 $9,682 4.51%
    USDA 62 $9,350,000 $150,806 $4,901 4.62%

    For 2022, Centennial Bank's most frequently originated type of loan was Conventional, with 2,638 originations. Their 2nd most popular type was FHA, with 405 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,767 $1,095,735,000 $396,001 $5,880 4.90%
    Cash Out Refi 255 $85,975,000 $337,157 $5,301 4.93%
    Home Improvement 208 $40,290,000 $193,702 $3,497 5.64%
    Refi 206 $70,760,000 $343,495 $4,547 4.42%
    Other 113 $27,485,000 $243,230 $4,768 5.23%

    For 2022, Centennial Bank's most frequently cited loan purpose was Home Purchase, with 2,767 originations. The 2nd most popular reason was Cash Out Refi, with 255 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,186 $597,350,000 $273,262 $5,594 4.85%
    30+ year 279 $166,505,000 $596,792 $9,000 4.66%
    Other 236 $127,930,000 $542,076 $12,731 5.44%
    20 Year 235 $50,625,000 $215,426 $4,171 5.31%
    15 Year 206 $42,160,000 $204,660 $4,502 4.19%
    10 Year 170 $37,170,000 $218,647 $392 5.63%
    5 Year 103 $242,095,000 $2,350,437 $85 4.79%
    1 Year 95 $22,085,000 $232,474 $0 5.71%
    3 Year 39 $34,325,000 $880,128 $128 5.31%

    For 2022, Centennial Bank's most frequently cited loan duration was 30 Year, with 2,186 originations. The 2nd most popular length was 30+ year, with 279 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,578 $531,920,000 $337,085
    $2k-3k 342 $78,190,000 $228,626
    $<1k 289 $45,155,000 $156,246
    $3k-4k 172 $40,240,000 $233,953
    $5k+ 169 $71,865,000 $425,237
    $4k-5k 79 $22,535,000 $285,253

    Centennial Bank's average total fees were $5,594, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,578 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,111 $425,635,000 $383,110
    5-6% 967 $416,765,000 $430,988
    3-4% 702 $250,730,000 $357,165
    6-7% 468 $174,900,000 $373,718
    7-8% 131 $26,135,000 $199,504
    2.5-3% 79 $17,205,000 $217,785
    <2.5% 74 $3,500,000 $47,297
    Over 8% 14 $1,990,000 $142,143
    % 2 $350,000 $175,000

    During 2022, Centennial Bank's average interest rate for loans was 4.85%, while their most frequently originated rate bucket for loans was 4-5%, with 1,111 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,190 $331,440,000 $278,521 $5,984 4.93%
    $100k-200k 1,029 $155,145,000 $150,773 $4,644 5.08%
    $100,000 or less 661 $35,145,000 $53,169 $2,378 4.87%
    $400k-600k 371 $177,035,000 $477,183 $8,065 4.78%
    $600k-1MM 181 $132,955,000 $734,558 $8,308 4.63%
    $1MM+ 117 $488,525,000 $4,175,427 $12,863 4.85%

    2022 saw Centennial Bank place emphasis on $200k-400k loans with 1,190 originations, totaling $331,440,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 684 $120,470,000 $176,126 $5,109 4.85%
    $100k-150k 587 $163,675,000 $278,833 $5,935 4.87%
    $50k or less 546 $65,630,000 $120,201 $4,157 4.77%
    $75k-100k 474 $103,780,000 $218,945 $5,723 4.96%
    $150k-250k 447 $163,885,000 $366,633 $6,439 4.88%
    $250k+ 342 $257,330,000 $752,427 $8,385 4.92%

    Centennial Bank lent most frequently to those with incomes in the $50k-75k range, with 684 originations. The second most popular income band? $100k-150k, with 587 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 531 $148,115,000 $278,936 $5,200 4.79%
    30-36% 524 $153,140,000 $292,252 $5,514 4.87%
    <20% 209 $59,085,000 $282,703 $4,851 4.92%
    42% 159 $48,765,000 $306,698 $5,551 4.90%
    44% 150 $40,570,000 $270,467 $5,764 4.73%
    39% 148 $37,080,000 $250,541 $5,543 4.92%
    50-60% 135 $36,965,000 $273,815 $8,437 4.78%
    40% 135 $31,615,000 $234,185 $5,969 4.78%
    38% 131 $40,425,000 $308,588 $5,267 4.94%
    43% 122 $32,630,000 $267,459 $5,672 4.86%
    41% 115 $39,465,000 $343,174 $5,145 4.89%
    49% 107 $29,845,000 $278,925 $5,792 4.75%
    37% 106 $28,940,000 $273,019 $4,942 5.02%
    45% 106 $28,600,000 $269,811 $5,506 4.82%
    48% 100 $30,020,000 $300,200 $7,137 4.61%
    36% 99 $36,325,000 $366,919 $5,694 4.78%
    46% 88 $25,490,000 $289,659 $6,515 4.71%
    47% 70 $21,910,000 $313,000 $6,585 4.68%
    >60% 7 $4,205,000 $600,714 $7,691 4.88%

    Centennial Bank lent most frequently to those with DTI ratios of 20-30%, with 531 originations. The next most common DTI ratio? 30-36%, with 524 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,382 $658,670,000 $276,520 $5,655 4.85%
    Not applicable 388 $426,420,000 $1,099,021 $0 5.44%
    Not provided 510 $166,340,000 $326,157 $5,777 4.90%
    Black 166 $34,560,000 $208,193 $6,062 4.89%
    Asian 59 $23,805,000 $403,475 $6,339 5.05%
    American Indian 29 $7,265,000 $250,517 $4,973 4.71%
    Asian Indian 4 $1,440,000 $360,000 $4,465 5.34%
    Native Hawaiian or Islander 7 $785,000 $112,143 $5,194 4.73%
    Other Pacific Islander 2 $430,000 $215,000 $5,866 5.44%
    Filipino 1 $385,000 $385,000 $7,017 4.00%
    Other Asian 1 $145,000 $145,000 $0 4.50%

    Approval Rates

    Total approvals of all applications
    84.22%

    Centennial Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    68.33%

    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 3,549 $1,320,245,000 $372,005

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,549 $1,320,245,000 $372,005

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 239 $53,255,000 $222,824 $4,429 5.05%
    40-60% 357 $212,105,000 $594,132 $5,301 4.84%
    60-80% 1,102 $571,800,000 $518,875 $5,797 5.04%
    80-100% 1,539 $449,255,000 $291,914 $5,952 5.00%
    Over 100% 43 $15,035,000 $349,651 $15,620 4.47%
    Under 20% 266 $18,220,000 $68,496 $661 4.16%