Community National Bank & Trust Of Texas Mortgage Rates, Fees & Info

Corsicana, TX

LEI: 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

239

Origination Dollar Volume (All Markets)

$65,085,000

Top 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%
Community National Bank & Trust Of Texas's top markets include Dallas, Corsicana, Mineral Wells, Sherman, and Napa among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • 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

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 171 $49,075,000 $286,988 $0 0.00%
    Refi 47 $13,145,000 $279,681 $0 0.00%
    Home Improvement 17 $1,785,000 $105,000 $0 0.00%
    Other 4 $1,080,000 $270,000 $0 0.00%

    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

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 87 $13,325,000 $153,161 $0 0.00%
    $200k-400k 82 $25,660,000 $312,927 $0 0.00%
    $400k-600k 31 $14,195,000 $457,903 $0 0.00%
    $100,000 or less 28 $1,900,000 $67,857 $0 0.00%
    $600k-1MM 9 $6,335,000 $703,889 $0 0.00%
    $1MM+ 2 $3,670,000 $1,835,000 $0 0.00%

    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

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 64 $18,610,000 $290,781 $0 0.00%
    $150k-250k 44 $15,010,000 $341,136 $0 0.00%
    $75k-100k 30 $6,880,000 $229,333 $0 0.00%
    $50k-75k 27 $4,615,000 $170,926 $0 0.00%
    $250k+ 14 $3,820,000 $272,857 $0 0.00%
    $50k or less 7 $755,000 $107,857 $0 0.00%

    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

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 150 $39,780,000 $265,200 $0 0.00%
    Not applicable 46 $13,630,000 $296,304 $0 0.00%
    Not provided 28 $8,120,000 $290,000 $0 0.00%
    Black 10 $2,040,000 $204,000 $0 0.00%
    Asian 4 $1,380,000 $345,000 $0 0.00%
    Native Hawaiian or Islander 1 $135,000 $135,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.11%

    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 origination
    87.45%

    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

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    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%