Stockmens Bank Mortgage Rates, Fees & Info

Colorado Springs, CO

LEI: 549300DV8S0IJF2QWL30

Tax ID: 47-0306960

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Stockmens Bank is a smaller bank specializing in Home Purchase and Refi loans. Stockmens Bank has a high proportion of conventional loans. Their top markets by origination volume include: Springfield, Colorado Springs, Branson, Laramie, and Lebanon among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Stockmens Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

    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.

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    Originations

    75

    Origination Dollar Volume (All Markets)

    $15,045,000

    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
    SPRINGFIELD, MO (FHA|USDA|VA) 29 $6,745,000 $232,586 $0 0.00%
    Outside of Metro Areas 34 $5,160,000 $151,765 $0 0.00%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 5 $2,045,000 $409,000 $0 0.00%
    Branson, MO (FHA|USDA|VA) 3 $515,000 $171,667 $0 0.00%
    Laramie, WY (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
    Lebanon, MO (FHA|USDA|VA) 2 $200,000 $100,000 $0 0.00%
    Mountain Home, AR (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
    Stockmens Bank's top markets include Springfield, Colorado Springs, Branson, Laramie, and Lebanon among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Wyoming (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 75 $15,045,000 $200,600 $0 0.00%

    For 2024, Stockmens Bank's most frequently originated type of loan was Conventional, with 75 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 39 $9,395,000 $240,897 $0 0.00%
    Refi 23 $4,895,000 $212,826 $0 0.00%
    Home Improvement 8 $560,000 $70,000 $0 0.00%
    Other 5 $195,000 $39,000 $0 0.00%

    For 2024, Stockmens Bank's most frequently cited loan purpose was Home Purchase, with 39 originations. The 2nd most popular reason was Refi, with 23 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 75 $15,045,000 $200,600 $0 0.00%

    For 2024, Stockmens Bank's most frequently cited loan duration was Other, with 75 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 27 $1,295,000 $47,963 $0 0.00%
    $100k-200k 19 $2,565,000 $135,000 $0 0.00%
    $200k-400k 18 $5,260,000 $292,222 $0 0.00%
    $400k-600k 9 $4,345,000 $482,778 $0 0.00%
    $600k-1MM 2 $1,580,000 $790,000 $0 0.00%

    2024 saw Stockmens Bank place emphasis on $100,000 or less loans with 27 originations, totaling $1,295,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 16 $3,190,000 $199,375 $0 0.00%
    $50k-75k 15 $2,175,000 $145,000 $0 0.00%
    $75k-100k 14 $1,430,000 $102,143 $0 0.00%
    $150k-250k 8 $2,230,000 $278,750 $0 0.00%
    $50k or less 8 $440,000 $55,000 $0 0.00%
    $250k+ 6 $2,790,000 $465,000 $0 0.00%

    Stockmens Bank lent most frequently to those with incomes in the $100k-150k range, with 16 originations. The second most popular income band? $50k-75k, with 15 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 75 $15,045,000 $200,600 $0 0.00%

    Stockmens Bank lent most frequently to those with DTI ratios of Exempt%, with 75 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 62 $10,650,000 $171,774 $0 0.00%
    Not applicable 7 $2,375,000 $339,286 $0 0.00%
    Not provided 5 $1,335,000 $267,000 $0 0.00%
    Asian 1 $685,000 $685,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.00%

    Stockmens Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    92.00%

    Stockmens Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 75 $15,045,000 $200,600

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    75 $15,045,000 $200,600