American State Bank & Trust Company Mortgage Rates, Fees & Info
Great Bend, KSLEI: 549300FRPCYCYBOD2M15
Tax ID: 48-1242783
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
American State Bank & Trust Company is a smaller bank specializing in Cash Out Refi loans. American State Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Stillwater, Wichita, Kansas City, Salina, and Houston among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)American State Bank & Trust Company 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
25Origination Dollar Volume (All Markets)
$16,325,000Top 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 |
|---|---|---|---|---|---|
| Stillwater, OK (FHA|USDA|VA) | 1 | $12,965,000 | $12,965,000 | $0 | 0.00% |
| WICHITA, KS (FHA|USDA|VA) | 18 | $2,810,000 | $156,111 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Salina, KS (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 25 | $16,325,000 | $653,000 | $0 | 0.00% |
For 2018, American State Bank & Trust Company's most frequently originated type of loan was Conventional, with 25 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 18 | $2,770,000 | $153,889 | $0 | 0.00% |
| Refi | 4 | $500,000 | $125,000 | $0 | 0.00% |
| Cash Out Refi | 3 | $13,055,000 | $4,351,667 | $0 | 0.00% |
For 2018, American State Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Refi, with 4 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 25 | $16,325,000 | $653,000 | $0 | 0.00% |
For 2018, American State Bank & Trust Company's most frequently cited loan duration was Other, with 25 originations.
Loan Sizing
2018 saw American State Bank & Trust Company place emphasis on $100,000 or less loans with 13 originations, totaling $755,000 in origination value.
Applicant Income
American State Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 6 originations. The second most popular income band? $75k-100k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 25 | $16,325,000 | $653,000 | $0 | 0.00% |
American State Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 25 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.48%
American State Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination52.00%
American State Bank & Trust Company 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 | 25 | $16,325,000 | $653,000 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| AMERICAN EXPRESS COMPANY | Conventional home mortgage | Trouble during payment process | 1 | 50.0% |
| AMERICAN EXPRESS COMPANY | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 50.0% |