Marine Bank & Trust Company Mortgage Rates, Fees & Info
Vero Beach, FLLEI: 549300HJSQXR32ZGFP55
Tax ID: 65-0644585
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Marine Bank & Trust Company is a smaller bank specializing in Home Purchase loans. Marine Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Sebastian, Palm Bay, Port St. Lucie, and Miami among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Marine Bank & Trust Company 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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
33Origination Dollar Volume (All Markets)
$17,455,000Top 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 |
|---|---|---|---|---|---|
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 19 | $10,915,000 | $574,474 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 6 | $3,690,000 | $615,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 5 | $1,825,000 | $365,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $475,000 | $475,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Marine Bank & Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 243
Similarity Rank: 245
Similarity Rank: 546
Similarity Rank: 648
Similarity Rank: 1036
Similarity Rank: 1215
Similarity Rank: 4410
Similarity Rank: 5346
Similarity Rank: 5508
Similarity Rank: 5670
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 33 | $17,455,000 | $528,939 | $0 | 0.00% |
For 2024, Marine Bank & Trust Company's most frequently originated type of loan was Conventional, with 33 originations.
Loan Reason
For 2024, Marine Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 26 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 | 33 | $17,455,000 | $528,939 | $0 | 0.00% |
For 2024, Marine Bank & Trust Company's most frequently cited loan duration was Other, with 33 originations.
Loan Sizing
2024 saw Marine Bank & Trust Company place emphasis on $600k-1MM loans with 10 originations, totaling $7,320,000 in origination value.
Applicant Income
Marine Bank & Trust Company lent most frequently to those with incomes in the $250k+ range, with 17 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% | 33 | $17,455,000 | $528,939 | $0 | 0.00% |
Marine Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 33 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications80.77%
Marine Bank & Trust Company has a below average approval rate.
Pick Rate
Approvals leading to origination72.73%
Marine Bank & Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 33 | $17,455,000 | $528,939 |