Meade County Bank Mortgage Rates, Fees & Info

Brandenburg, KY

LEI: 549300GGXWS23NTTOB96

Tax ID: 61-1028560

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Meade County Bank is a smaller bank specializing in Home Purchase loans. Meade County Bank has a high proportion of conventional loans. Their top markets by origination volume include: Elizabethtown, Louisville, Clarksville, Bardstown, and Huntington among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Meade County Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    253

    Origination Dollar Volume (All Markets)

    $41,705,000

    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
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 145 $20,755,000 $143,138 $0 0.00%
    LOUISVILLE, KY (FHA|USDA|VA) 79 $16,685,000 $211,203 $0 0.00%
    Outside of Metro Areas 23 $3,395,000 $147,609 $0 0.00%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $460,000 $230,000 $0 0.00%
    Bardstown, KY (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $120,000 $60,000 $0 0.00%
    Glasgow, KY (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
    Meade County Bank's top markets include Elizabethtown, Louisville, Clarksville, Bardstown, and Huntington among others.

    Their top states include:
  • Kentucky (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • West Virginia (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 253 $41,705,000 $164,842 $0 0.00%

    For 2023, Meade County Bank's most frequently originated type of loan was Conventional, with 253 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 186 $34,430,000 $185,108 $0 0.00%
    Refi 32 $5,150,000 $160,938 $0 0.00%
    Home Improvement 25 $1,435,000 $57,400 $0 0.00%
    Other 10 $690,000 $69,000 $0 0.00%

    For 2023, Meade County Bank's most frequently cited loan purpose was Home Purchase, with 186 originations. The 2nd most popular reason was Refi, with 32 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 253 $41,705,000 $164,842 $0 0.00%

    For 2023, Meade County Bank's most frequently cited loan duration was Other, with 253 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 95 $5,565,000 $58,579 $0 0.00%
    $100k-200k 84 $12,550,000 $149,405 $0 0.00%
    $200k-400k 63 $17,535,000 $278,333 $0 0.00%
    $400k-600k 8 $4,030,000 $503,750 $0 0.00%
    $600k-1MM 3 $2,025,000 $675,000 $0 0.00%

    2023 saw Meade County Bank place emphasis on $100,000 or less loans with 95 originations, totaling $5,565,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 56 $9,970,000 $178,036 $0 0.00%
    $50k or less 40 $4,110,000 $102,750 $0 0.00%
    $50k-75k 37 $4,825,000 $130,405 $0 0.00%
    $75k-100k 34 $5,040,000 $148,235 $0 0.00%
    $150k-250k 27 $5,555,000 $205,741 $0 0.00%
    $250k+ 10 $3,300,000 $330,000 $0 0.00%

    Meade County Bank lent most frequently to those with incomes in the $100k-150k range, with 56 originations. The second most popular income band? $50k or less, with 40 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 253 $41,705,000 $164,842 $0 0.00%

    Meade County Bank lent most frequently to those with DTI ratios of Exempt%, with 253 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 204 $32,870,000 $161,127 $0 0.00%
    Not applicable 46 $8,310,000 $180,652 $0 0.00%
    Not provided 1 $325,000 $325,000 $0 0.00%
    Asian 1 $175,000 $175,000 $0 0.00%
    Black 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.27%

    Meade County Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    75.89%

    Meade County Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 253 $41,705,000 $164,842

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    253 $41,705,000 $164,842