Stockmens Bank Mortgage Rates, Fees & Info
Colorado Springs, COLEI: 549300DV8S0IJF2QWL30
Tax ID: 47-0306960
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Stockmens Bank is a smaller bank specializing in Home Purchase loans. Stockmens Bank has a high proportion of conventional loans. Their top markets by origination volume include: Colorado Springs, Springfield, Lebanon, West Plains, and Brookings among others. We have data for 10 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 a below average pick rate when compared to similar lenders.
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Originations
84Origination Dollar Volume (All Markets)
$15,840,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 37 | $5,545,000 | $149,865 | $0 | 0.00% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 9 | $4,545,000 | $505,000 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 25 | $3,315,000 | $132,600 | $0 | 0.00% |
| Lebanon, MO (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $0 | 0.00% |
| West Plains, MO (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $0 | 0.00% |
| Brookings, OR (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 3 | $195,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 84 | $15,840,000 | $188,571 | $0 | 0.00% |
For 2023, Stockmens Bank's most frequently originated type of loan was Conventional, with 84 originations.
Loan Reason
For 2023, Stockmens Bank's most frequently cited loan purpose was Home Purchase, with 56 originations. The 2nd most popular reason was Refi, with 16 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 84 | $15,840,000 | $188,571 | $0 | 0.00% |
For 2023, Stockmens Bank's most frequently cited loan duration was Other, with 84 originations.
Loan Sizing
2023 saw Stockmens Bank place emphasis on $100,000 or less loans with 35 originations, totaling $1,765,000 in origination value.
Applicant Income
Stockmens Bank lent most frequently to those with incomes in the $50k or less range, with 16 originations. The second most popular income band? $50k-75k, with 12 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 84 | $15,840,000 | $188,571 | $0 | 0.00% |
Stockmens Bank lent most frequently to those with DTI ratios of Exempt%, with 84 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.43%
Stockmens Bank has an average approval rate.
Pick Rate
Approvals leading to origination85.71%
Stockmens Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 84 | $15,840,000 | $188,571 |