Community National Bank & Trust Of Texas Mortgage Rates, Fees & Info
Corsicana, TXLEI: 549300FZGNW8VUSEDB98
Tax ID: 75-1047436
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Mortgage Data
Review & Overview
Community National Bank & Trust Of Texas is a smaller bank specializing in Home Purchase and Refi loans. Community National Bank & Trust Of Texas has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Corsicana, Mineral Wells, Sherman, and Napa among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)Community National Bank & Trust Of Texas 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
239Origination Dollar Volume (All Markets)
$65,085,000Top 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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 125 | $39,355,000 | $314,840 | $0 | 0.00% |
| Corsicana, TX (FHA|USDA|VA) | 57 | $12,075,000 | $211,842 | $0 | 0.00% |
| Outside of Metro Areas | 20 | $4,060,000 | $203,000 | $0 | 0.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 18 | $3,680,000 | $204,444 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 5 | $1,835,000 | $367,000 | $0 | 0.00% |
| NAPA, CA (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $0 | 0.00% |
| Granbury, TX (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 4 | $680,000 | $170,000 | $0 | 0.00% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 0.00% |
| Harrison, AR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 227 | $60,265,000 | $265,485 | $0 | 0.00% |
| VA | 12 | $4,820,000 | $401,667 | $0 | 0.00% |
For 2022, Community National Bank & Trust Of Texas's most frequently originated type of loan was Conventional, with 227 originations. Their 2nd most popular type was VA, with 12 originations.
Loan Reason
For 2022, Community National Bank & Trust Of Texas's most frequently cited loan purpose was Home Purchase, with 171 originations. The 2nd most popular reason was Refi, with 47 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 239 | $65,085,000 | $272,322 | $0 | 0.00% |
For 2022, Community National Bank & Trust Of Texas's most frequently cited loan duration was Other, with 239 originations.
Loan Sizing
2022 saw Community National Bank & Trust Of Texas place emphasis on $100k-200k loans with 87 originations, totaling $13,325,000 in origination value.
Applicant Income
Community National Bank & Trust Of Texas lent most frequently to those with incomes in the $100k-150k range, with 64 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 |
|---|---|---|---|---|---|
| Exempt% | 239 | $65,085,000 | $272,322 | $0 | 0.00% |
Community National Bank & Trust Of Texas lent most frequently to those with DTI ratios of Exempt%, with 239 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.11%
Community National Bank & Trust Of Texas has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination87.45%
Community National Bank & Trust Of Texas has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 239 | $65,085,000 | $272,322 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC) | FHA mortgage | Struggling to pay mortgage | 2 | 66.7% |
| Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC) | Other type of mortgage | Trouble during payment process | 1 | 33.3% |