Community Bank And Trust Mortgage Rates, Fees & Info
Neosho, MOLEI: 549300COZ9YQTC4J1378
Tax ID: 44-0162220
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Community Bank And Trust is a smaller bank specializing in Home Purchase and Refi loans. Community Bank And Trust has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Joplin, Fayetteville, Pittsburg, Coffeyville, and Miami 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
146Origination Dollar Volume (All Markets)
$18,610,000Top 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) | 113 | $13,885,000 | $122,876 | $0 | 0.00% |
| Outside of Metro Areas | 26 | $4,100,000 | $157,692 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $0 | 0.00% |
| Pittsburg, KS (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $0 | 0.00% |
| Coffeyville, KS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Miami, OK (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 137 | $17,415,000 | $127,117 | $0 | 0.00% |
| FHA | 6 | $710,000 | $118,333 | $0 | 0.00% |
| USDA | 3 | $485,000 | $161,667 | $0 | 0.00% |
For 2022, Community Bank And Trust's most frequently originated type of loan was Conventional, with 137 originations. Their 2nd most popular type was FHA, with 6 originations.
Loan Reason
For 2022, Community Bank And Trust's most frequently cited loan purpose was Home Purchase, with 73 originations. The 2nd most popular reason was Refi, with 33 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 146 | $18,610,000 | $127,466 | $0 | 0.00% |
For 2022, Community Bank And Trust's most frequently cited loan duration was Other, with 146 originations.
Loan Sizing
2022 saw Community Bank And Trust place emphasis on $100,000 or less loans with 77 originations, totaling $4,215,000 in origination value.
Applicant Income
Community Bank And Trust lent most frequently to those with incomes in the $50k or less range, with 38 originations. The second most popular income band? $50k-75k, with 23 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 146 | $18,610,000 | $127,466 | $0 | 0.00% |
Community Bank And Trust lent most frequently to those with DTI ratios of Exempt%, with 146 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications82.51%
Community Bank And Trust has a below average approval rate.
Pick Rate
Approvals leading to origination76.71%
Community Bank And Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 146 | $18,610,000 | $127,466 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC) | FHA mortgage | Struggling to pay mortgage | 2 | 66.7% |
| Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC) | Other type of mortgage | Trouble during payment process | 1 | 33.3% |