Bank Of The Bluegrass & Trust Co. Mortgage Rates, Fees & Info
Lexington, KYLEI: 549300FORCF9PNPUG275
Tax ID: 61-0415485
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bank Of The Bluegrass & Trust Co. is a smaller bank specializing in Home Purchase loans. Bank Of The Bluegrass & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: Lexington, Richmond, Frankfort, Columbus, and Louisville among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank Of The Bluegrass & Trust Co. 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
58Origination Dollar Volume (All Markets)
$27,710,000Top 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 |
|---|---|---|---|---|---|
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 48 | $21,030,000 | $438,125 | $0 | 0.00% |
| Richmond-Berea, KY (FHA|USDA|VA) | 3 | $3,435,000 | $1,145,000 | $0 | 0.00% |
| Frankfort, KY (FHA|USDA|VA) | 2 | $1,580,000 | $790,000 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $405,000 | $405,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| Danville, KY (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 58 | $27,710,000 | $477,759 | $0 | 0.00% |
For 2024, Bank Of The Bluegrass & Trust Co.'s most frequently originated type of loan was Conventional, with 58 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 45 | $22,835,000 | $507,444 | $0 | 0.00% |
| Refi | 11 | $4,215,000 | $383,182 | $0 | 0.00% |
| Home Improvement | 2 | $660,000 | $330,000 | $0 | 0.00% |
For 2024, Bank Of The Bluegrass & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 45 originations. The 2nd most popular reason was Refi, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 58 | $27,710,000 | $477,759 | $0 | 0.00% |
For 2024, Bank Of The Bluegrass & Trust Co.'s most frequently cited loan duration was Other, with 58 originations.
Loan Sizing
2024 saw Bank Of The Bluegrass & Trust Co. place emphasis on $100k-200k loans with 19 originations, totaling $2,995,000 in origination value.
Applicant Income
Bank Of The Bluegrass & Trust Co. lent most frequently to those with incomes in the $250k+ range, with 8 originations. The second most popular income band? $100k-150k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 58 | $27,710,000 | $477,759 | $0 | 0.00% |
Bank Of The Bluegrass & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 58 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.22%
Bank Of The Bluegrass & Trust Co. has an average approval rate.
Pick Rate
Approvals leading to origination58.62%
Bank Of The Bluegrass & Trust Co. has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 58 | $27,710,000 | $477,759 |