Community Bank And Trust Mortgage Rates, Fees & Info

Neosho, MO

LEI: 549300COZ9YQTC4J1378

Tax ID: 44-0162220

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