First Century Bank Mortgage Rates, Fees & InfoTazewell, TN
Tax ID: 62-0161420
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewFirst Century Bank is a smaller bank specializing in Home Purchase loans. First Century Bank has a high proportion of conventional loans. Their top markets by origination volume include: Knoxville, Sevierville, Morristown, Newport, and Kingsport among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)
First Century 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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Origination Dollar Volume (All Markets)$88,645,000
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|
|KNOXVILLE, TN (FHA|USDA|VA)||172||$64,510,000||$375,058||$0||0.00%|
|Outside of Metro Areas||49||$10,255,000||$209,286||$0||0.00%|
|Sevierville, TN (FHA|USDA|VA)||3||$6,705,000||$2,235,000||$0||0.00%|
|MORRISTOWN, TN (FHA|USDA|VA)||12||$4,260,000||$355,000||$0||0.00%|
|Newport, TN (FHA|USDA|VA)||2||$930,000||$465,000||$0||0.00%|
|KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA)||3||$885,000||$295,000||$0||0.00%|
|PORT ST. LUCIE, FL (FHA|USDA|VA)||1||$405,000||$405,000||$0||0.00%|
|Crossville, TN (FHA|USDA|VA)||1||$365,000||$365,000||$0||0.00%|
|Athens, TN (FHA|USDA|VA)||1||$255,000||$255,000||$0||0.00%|
|CHATTANOOGA, TN-GA (FHA|USDA|VA)||1||$75,000||$75,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, First Century Bank's most frequently originated type of loan was Conventional, with 245 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, First Century Bank's most frequently cited loan purpose was Home Purchase, with 205 originations. The 2nd most popular reason was Refi, with 28 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, First Century Bank's most frequently cited loan duration was Other, with 245 originations.
2022 saw First Century Bank place emphasis on $200k-400k loans with 86 originations, totaling $24,940,000 in origination value.
First Century Bank lent most frequently to those with incomes in the $250k+ range, with 56 originations. The second most popular income band? $150k-250k, with 44 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
First Century Bank lent most frequently to those with DTI ratios of Exempt%, with 245 originations.
|Applicant Ethnicity||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Approval RatesTotal approvals of all applications
First Century Bank has an average approval rate.
Pick RateApprovals leading to origination
First Century Bank has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|Bank Name||Product||Issue||2022 CPFB Complaints||% of Total Issues|
|FIRST CITIZENS BANCSHARES, INC.||Home equity loan or line of credit (HELOC)||Applying for a mortgage or refinancing an existing mortgage||1||100.0%|