Community Bank And Trust Mortgage Rates, Fees & Info

Neosho, MO

LEI: 549300COZ9YQTC4J1378

Tax ID: 44-0162220

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Mortgage Data

Review & Overview

Community Bank And Trust is a smaller bank specializing in Home Purchase loans. Community Bank And Trust 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: Joplin, Springfield, Fayetteville, Miami, and Kansas City among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

Community Bank And Trust 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.

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Originations

110

Origination Dollar Volume (All Markets)

$15,100,000

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
JOPLIN, MO (FHA|USDA|VA) 81 $10,645,000 $131,420 $0 0.00%
Outside of Metro Areas 21 $2,655,000 $126,429 $0 0.00%
SPRINGFIELD, MO (FHA|USDA|VA) 4 $880,000 $220,000 $0 0.00%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $755,000 $755,000 $0 0.00%
Miami, OK (FHA|USDA|VA) 2 $120,000 $60,000 $0 0.00%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
Community Bank And Trust's top markets include Joplin, Springfield, Fayetteville, Miami, and Kansas City among others.

Their top states include:
  • Missouri (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 98 $13,210,000 $134,796 $0 0.00%
    FHA 6 $1,070,000 $178,333 $0 0.00%
    USDA 4 $430,000 $107,500 $0 0.00%
    VA 2 $390,000 $195,000 $0 0.00%

    For 2023, Community Bank And Trust's most frequently originated type of loan was Conventional, with 98 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 58 $10,790,000 $186,034 $0 0.00%
    Refi 26 $2,960,000 $113,846 $0 0.00%
    Other 15 $595,000 $39,667 $0 0.00%
    Home Improvement 10 $630,000 $63,000 $0 0.00%
    Cash Out Refi 1 $125,000 $125,000 $0 0.00%

    For 2023, Community Bank And Trust's most frequently cited loan purpose was Home Purchase, with 58 originations. The 2nd most popular reason was Refi, with 26 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 110 $15,100,000 $137,273 $0 0.00%

    For 2023, Community Bank And Trust's most frequently cited loan duration was Other, with 110 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 56 $2,860,000 $51,071 $0 0.00%
    $100k-200k 30 $4,530,000 $151,000 $0 0.00%
    $200k-400k 18 $4,450,000 $247,222 $0 0.00%
    $400k-600k 4 $1,880,000 $470,000 $0 0.00%
    $600k-1MM 2 $1,380,000 $690,000 $0 0.00%

    2023 saw Community Bank And Trust place emphasis on $100,000 or less loans with 56 originations, totaling $2,860,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 29 $4,625,000 $159,483 $0 0.00%
    $50k or less 29 $2,575,000 $88,793 $0 0.00%
    $50k-75k 23 $2,555,000 $111,087 $0 0.00%
    $75k-100k 13 $1,525,000 $117,308 $0 0.00%
    $250k+ 6 $1,670,000 $278,333 $0 0.00%
    $150k-250k 5 $1,765,000 $353,000 $0 0.00%

    Community Bank And Trust lent most frequently to those with incomes in the $100k-150k range, with 29 originations. The second most popular income band? $50k or less, with 29 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 110 $15,100,000 $137,273 $0 0.00%

    Community Bank And Trust lent most frequently to those with DTI ratios of Exempt%, with 110 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 97 $13,815,000 $142,423 $0 0.00%
    Not provided 6 $660,000 $110,000 $0 0.00%
    American Indian 3 $335,000 $111,667 $0 0.00%
    Not applicable 4 $290,000 $72,500 $0 0.00%

    Approval Rates

    Total approvals of all applications
    83.83%

    Community Bank And Trust has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    73.64%

    Community Bank And Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 110 $15,100,000 $137,273

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    110 $15,100,000 $137,273