Evolve Bank & Trust Mortgage Rates, Fees & Info

West Memphis, AR

LEI: 549300IRXW9RSZM2B951

Tax ID: 71-0057070

5 stars - Updated: 5/20/24 - out of 5 stars, based on 44 reviews

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

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Mortgage Data

Review & Overview

Evolve Bank & Trust is a smaller bank specializing in Home Purchase loans. Evolve Bank & Trust has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Memphis, New York, Philadelphia, Hartford, and Boston among others. We have data for 208 markets. (Some data included below & more in-depth data is available with an active subscription.)

Evolve Bank & Trust 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. Evolve Bank & Trust is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.43% 5/20/24
30 Year Conventional Refi 6.47% 5/20/24
30 Year Cash-out Refi 6.64% 5/20/24
30 Year FHA Purchase 7.47% 5/20/24
30 Year FHA Refi 7.41% 5/20/24
30 Year VA Purchase 6.34% 5/20/24
30 Year VA Refi 6.46% 5/20/24
30 Year USDA Purchase 6.83% 5/20/24
15 Year Conventional Purchase 5.40% 5/20/24
15 Year Conventional Refi 6.07% 5/20/24
15 Year Cash-out Refi 6.07% 5/20/24
15 Year FHA Purchase 6.09% 5/20/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Evolve Bank & Trust Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Evolve Bank & Trust. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

1,948

Origination Dollar Volume (All Markets)

$678,050,000
Show all (16) awards

Relative Rate

Evolve Bank & Trust's average 30 year fixed mortgage rate was 6.54%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.06%.

Relative Fees (Closing Costs)

Evolve Bank & Trust's average total fees/closing costs for a 30 year fixed rate mortgage were $7,677.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 320 $86,590,000 $270,594 $7,065 6.66%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 91 $40,715,000 $447,418 $7,921 6.48%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 117 $34,255,000 $292,778 $10,274 6.73%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 108 $31,790,000 $294,352 $5,391 6.28%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 65 $29,135,000 $448,231 $6,920 6.28%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 42 $26,350,000 $627,381 $10,667 6.39%
SPRINGFIELD, MA (FHA|USDA|VA) 68 $19,210,000 $282,500 $6,354 6.69%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 58 $17,800,000 $306,897 $7,797 6.48%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $16,445,000 $5,481,667 $3,742 6.46%
JONESBORO, AR (FHA|USDA|VA) 73 $15,085,000 $206,644 $4,816 7.43%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 30 $12,920,000 $430,667 $7,257 6.32%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 41 $12,445,000 $303,537 $7,175 6.33%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 13 $11,705,000 $900,385 $6,717 6.24%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 17 $11,185,000 $657,941 $5,621 6.10%
DOVER, DE (FHA|USDA|VA) 34 $10,860,000 $319,412 $11,463 6.95%
MONTGOMERY, AL (FHA|USDA|VA) 2 $10,600,000 $5,300,000 $3,704 6.13%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 27 $10,265,000 $380,185 $11,733 7.22%
SALISBURY, MD-DE (FHA|USDA|VA) 34 $10,130,000 $297,941 $11,172 6.74%
Outside of Metro Areas 46 $9,940,000 $216,087 $6,969 6.62%
WORCESTER, MA-CT (FHA|USDA|VA) 30 $9,870,000 $329,000 $6,436 6.29%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 25 $9,815,000 $392,600 $7,379 6.97%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 20 $9,700,000 $485,000 $6,250 6.39%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 23 $8,435,000 $366,739 $8,528 6.65%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 15 $7,515,000 $501,000 $5,233 6.26%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 15 $7,205,000 $480,333 $11,820 6.62%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 23 $7,005,000 $304,565 $9,691 6.57%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 8 $6,370,000 $796,250 $7,617 6.97%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 15 $6,215,000 $414,333 $6,276 6.57%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 14 $6,140,000 $438,571 $12,896 6.62%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 11 $5,625,000 $511,364 $7,687 6.61%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 6 $5,090,000 $848,333 $5,247 6.22%
BEND, OR (FHA|USDA|VA) 8 $4,730,000 $591,250 $14,486 5.94%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 11 $4,605,000 $418,636 $7,384 6.88%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 30 $4,440,000 $148,000 $6,132 6.60%
GLENS FALLS, NY (FHA|USDA|VA) 19 $4,185,000 $220,263 $6,299 6.74%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 14 $4,030,000 $287,857 $6,790 6.77%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 9 $3,975,000 $441,667 $6,335 6.61%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 16 $3,550,000 $221,875 $8,907 6.93%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 6 $3,460,000 $576,667 $5,217 5.85%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $3,135,000 $348,333 $7,630 6.43%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $3,100,000 $775,000 $10,918 5.47%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 13 $3,015,000 $231,923 $7,481 6.83%
OKLAHOMA CITY, OK (FHA|USDA|VA) 14 $2,900,000 $207,143 $6,556 6.39%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 12 $2,830,000 $235,833 $10,904 8.02%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 5 $2,765,000 $553,000 $5,273 6.35%
COLUMBUS, OH (FHA|USDA|VA) 10 $2,650,000 $265,000 $7,132 6.88%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 11 $2,605,000 $236,818 $9,620 6.91%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 8 $2,580,000 $322,500 $6,793 6.76%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 6 $2,380,000 $396,667 $10,070 6.17%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $2,270,000 $567,500 $3,540 5.78%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 5 $2,195,000 $439,000 $5,869 7.30%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $2,140,000 $1,070,000 $13,404 6.69%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $2,125,000 $2,125,000 $11,772 7.50%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 13 $2,115,000 $162,692 $0 6.36%
Torrington, CT (FHA|USDA|VA) 13 $2,115,000 $162,692 $4,268 5.38%
REDDING, CA (FHA|USDA|VA) 4 $2,110,000 $527,500 $4,483 5.88%
FRESNO, CA (FHA|USDA|VA) 4 $2,090,000 $522,500 $4,549 5.90%
TUCSON, AZ (FHA|USDA|VA) 3 $2,065,000 $688,333 $5,692 6.29%
STOCKTON, CA (FHA|USDA|VA) 3 $1,995,000 $665,000 $4,627 5.58%
JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,845,000 $369,000 $9,906 6.70%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 6 $1,800,000 $300,000 $5,703 6.75%
BOISE CITY, ID (FHA|USDA|VA) 4 $1,660,000 $415,000 $5,391 6.40%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $1,650,000 $412,500 $8,137 6.50%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $1,615,000 $538,333 $7,018 5.99%
Astoria, OR (FHA|USDA|VA) 4 $1,560,000 $390,000 $9,520 6.62%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 4 $1,530,000 $382,500 $7,428 6.44%
PROVO-OREM, UT (FHA|USDA|VA) 3 $1,525,000 $508,333 $4,823 6.66%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $9,442 8.25%
Oxford, MS (FHA|USDA|VA) 3 $1,495,000 $498,333 $5,296 6.17%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,470,000 $367,500 $8,387 7.09%
RENO, NV (FHA|USDA|VA) 1 $1,465,000 $1,465,000 $9,121 5.25%
Paragould, AR (FHA|USDA|VA) 9 $1,395,000 $155,000 $3,112 7.69%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $1,385,000 $461,667 $7,885 6.42%
DAYTON-KETTERING, OH (FHA|USDA|VA) 6 $1,360,000 $226,667 $4,892 6.96%
LOUISVILLE, KY (FHA|USDA|VA) 2 $1,250,000 $625,000 $4,676 5.69%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $1,250,000 $625,000 $4,168 5.81%
PITTSBURGH, PA (FHA|USDA|VA) 4 $1,240,000 $310,000 $4,432 6.41%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 2 $1,160,000 $580,000 $6,401 6.25%
TUSCALOOSA, AL (FHA|USDA|VA) 6 $1,150,000 $191,667 $5,036 6.46%
Batesville, AR (FHA|USDA|VA) 9 $1,115,000 $123,889 $1,024 7.55%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 5 $1,095,000 $219,000 $7,214 6.70%
PANAMA CITY, FL (FHA|USDA|VA) 2 $1,090,000 $545,000 $8,325 6.44%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 5 $1,035,000 $207,000 $4,502 7.42%
TULSA, OK (FHA|USDA|VA) 7 $1,015,000 $145,000 $0 6.11%
HUNTSVILLE, AL (FHA|USDA|VA) 4 $1,000,000 $250,000 $4,096 6.53%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $990,000 $247,500 $5,719 6.31%
SYRACUSE, NY (FHA|USDA|VA) 2 $990,000 $495,000 $8,977 6.88%
Outside of Metro Areas 1 $985,000 $985,000 $8,427 5.88%
PUNTA GORDA, FL (FHA|USDA|VA) 4 $970,000 $242,500 $5,411 6.00%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $960,000 $480,000 $13,274 6.31%
WENATCHEE, WA (FHA|USDA|VA) 1 $945,000 $945,000 $5,726 5.99%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $925,000 $308,333 $5,655 6.29%
Sandusky, OH (FHA|USDA|VA) 4 $910,000 $227,500 $4,003 7.47%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $885,000 $295,000 $5,485 6.79%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $880,000 $220,000 $3,998 7.34%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 4 $880,000 $220,000 $9,350 7.28%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $840,000 $420,000 $3,307 5.69%
ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $815,000 $163,000 $5,967 6.78%
EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $805,000 $268,333 $9,415 7.17%
BELLINGHAM, WA (FHA|USDA|VA) 1 $775,000 $775,000 $4,319 6.13%
Lebanon, NH-VT (FHA|USDA|VA) 1 $755,000 $755,000 $2,558 6.63%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $720,000 $360,000 $3,913 6.44%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $710,000 $355,000 $6,836 6.00%
URBAN HONOLULU, HI (FHA|USDA|VA) 1 $705,000 $705,000 $6,713 7.50%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $695,000 $695,000 $5,313 5.88%
SAVANNAH, GA (FHA|USDA|VA) 2 $680,000 $340,000 $4,198 6.06%
RICHMOND, VA (FHA|USDA|VA) 2 $670,000 $335,000 $8,636 6.88%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $620,000 $310,000 $5,456 5.56%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $620,000 $310,000 $9,759 7.31%
WINSTON-SALEM, NC (FHA|USDA|VA) 3 $615,000 $205,000 $9,140 6.92%
JOPLIN, MO (FHA|USDA|VA) 1 $615,000 $615,000 $4,242 6.50%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $610,000 $305,000 $17,352 6.69%
PITTSFIELD, MA (FHA|USDA|VA) 3 $605,000 $201,667 $3,894 6.63%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 3 $605,000 $201,667 $7,702 6.88%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $605,000 $605,000 $5,450 5.50%
KNOXVILLE, TN (FHA|USDA|VA) 3 $595,000 $198,333 $5,400 6.88%
GAINESVILLE, GA (FHA|USDA|VA) 2 $590,000 $295,000 $4,969 7.19%
VISALIA, CA (FHA|USDA|VA) 1 $585,000 $585,000 $4,977 6.49%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $565,000 $565,000 $4,042 5.88%
Augusta-Waterville, ME (FHA|USDA|VA) 2 $560,000 $280,000 $8,848 6.06%
COLUMBIA, SC (FHA|USDA|VA) 3 $555,000 $185,000 $7,968 7.33%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $555,000 $555,000 $4,630 5.63%
Blytheville, AR (FHA|USDA|VA) 4 $550,000 $137,500 $5,671 7.31%
LIMA, OH (FHA|USDA|VA) 1 $545,000 $545,000 $4,677 5.88%
LANCASTER, PA (FHA|USDA|VA) 1 $535,000 $535,000 $6,131 6.50%
GREELEY, CO (FHA|USDA|VA) 1 $535,000 $535,000 $4,016 6.75%
WILMINGTON, NC (FHA|USDA|VA) 1 $535,000 $535,000 $4,059 7.13%
AMARILLO, TX (FHA|USDA|VA) 2 $530,000 $265,000 $7,174 6.38%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 2 $510,000 $255,000 $4,262 6.81%
SALINAS, CA (FHA|USDA|VA) 1 $505,000 $505,000 $3,547 7.13%
JACKSON, TN (FHA|USDA|VA) 2 $500,000 $250,000 $9,856 5.88%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $495,000 $495,000 $3,776 5.63%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $495,000 $495,000 $2,420 5.75%
Keene, NH (FHA|USDA|VA) 1 $485,000 $485,000 $5,051 7.38%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $485,000 $485,000 $4,288 5.50%
Port Angeles, WA (FHA|USDA|VA) 2 $480,000 $240,000 $3,709 6.25%
BANGOR, ME (FHA|USDA|VA) 2 $480,000 $240,000 $4,889 7.06%
Newport, OR (FHA|USDA|VA) 1 $455,000 $455,000 $5,082 7.13%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $455,000 $455,000 $3,650 5.63%
Aberdeen, WA (FHA|USDA|VA) 2 $450,000 $225,000 $8,303 4.00%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $445,000 $445,000 $5,050 5.99%
STAUNTON, VA (FHA|USDA|VA) 1 $435,000 $435,000 $4,428 6.88%
Prineville, OR (FHA|USDA|VA) 1 $435,000 $435,000 $12,098 6.50%
KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $430,000 $107,500 $3,280 6.84%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $430,000 $215,000 $4,126 7.06%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $415,000 $415,000 $3,242 7.88%
Vineyard Haven, MA (FHA|USDA|VA) 1 $415,000 $415,000 $3,838 5.38%
Moses Lake, WA (FHA|USDA|VA) 1 $385,000 $385,000 $4,088 6.24%
DULUTH, MN-WI (FHA|USDA|VA) 1 $385,000 $385,000 $3,944 5.25%
JACKSON, MS (FHA|USDA|VA) 1 $375,000 $375,000 $1,945 6.25%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $375,000 $375,000 $3,383 5.88%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $365,000 $365,000 $17,680 5.75%
MEDFORD, OR (FHA|USDA|VA) 1 $365,000 $365,000 $5,139 6.12%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $365,000 $365,000 $3,969 5.63%
Shelby, NC (FHA|USDA|VA) 1 $355,000 $355,000 $3,899 6.88%
BRUNSWICK, GA (FHA|USDA|VA) 1 $355,000 $355,000 $8,404 7.13%
BATON ROUGE, LA (FHA|USDA|VA) 2 $350,000 $175,000 $8,534 6.75%
NEW BERN, NC (FHA|USDA|VA) 1 $345,000 $345,000 $16,235 6.75%
WALLA WALLA, WA (FHA|USDA|VA) 1 $325,000 $325,000 $10,833 5.63%
Gaffney, SC (FHA|USDA|VA) 1 $315,000 $315,000 $12,330 6.25%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $315,000 $315,000 $4,132 6.00%
EL CENTRO, CA (FHA|USDA|VA) 1 $315,000 $315,000 $4,359 6.25%
BINGHAMTON, NY (FHA|USDA|VA) 1 $305,000 $305,000 $7,095 6.13%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $305,000 $305,000 $11,045 7.50%
Fremont, OH (FHA|USDA|VA) 2 $300,000 $150,000 $5,942 7.06%
NILES, MI (FHA|USDA|VA) 1 $285,000 $285,000 $2,957 5.50%
FAIRBANKS, AK (FHA|USDA|VA) 1 $285,000 $285,000 $5,319 6.38%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $275,000 $275,000 $6,595 6.88%
Concord, NH (FHA|USDA|VA) 1 $265,000 $265,000 $4,466 7.63%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $265,000 $265,000 $4,135 6.63%
Berlin, NH (FHA|USDA|VA) 1 $255,000 $255,000 $13,394 7.25%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $255,000 $255,000 $3,694 7.13%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $255,000 $255,000 $7,721 7.13%
Wilson, NC (FHA|USDA|VA) 1 $255,000 $255,000 $12,019 7.75%
Plattsburgh, NY (FHA|USDA|VA) 1 $255,000 $255,000 $9,752 7.63%
LAWTON, OK (FHA|USDA|VA) 1 $255,000 $255,000 $3,594 5.75%
Meridian, MS (FHA|USDA|VA) 1 $245,000 $245,000 $13,200 6.25%
UTICA-ROME, NY (FHA|USDA|VA) 1 $245,000 $245,000 $5,988 5.88%
Searcy, AR (FHA|USDA|VA) 2 $240,000 $120,000 $0 8.38%
LINCOLN, NE (FHA|USDA|VA) 2 $240,000 $120,000 $6,340 8.63%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $235,000 $235,000 $4,620 6.75%
Ogdensburg-Massena, NY (FHA|USDA|VA) 1 $225,000 $225,000 $6,614 7.63%
EL PASO, TX (FHA|USDA|VA) 1 $225,000 $225,000 $12,306 6.38%
Forrest City, AR (FHA|USDA|VA) 2 $210,000 $105,000 $4,514 6.50%
Harrison, AR (FHA|USDA|VA) 1 $205,000 $205,000 $8,454 5.75%
Norwalk, OH (FHA|USDA|VA) 1 $195,000 $195,000 $8,985 6.75%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,477 5.63%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $185,000 $185,000 $9,872 7.25%
ELMIRA, NY (FHA|USDA|VA) 1 $185,000 $185,000 $6,166 7.13%
Sevierville, TN (FHA|USDA|VA) 1 $175,000 $175,000 $3,789 7.00%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $175,000 $175,000 $3,829 6.13%
MOBILE, AL (FHA|USDA|VA) 1 $175,000 $175,000 $8,227 6.63%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $175,000 $175,000 $4,474 6.88%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $165,000 $165,000 $3,552 6.13%
Cambridge, MD (FHA|USDA|VA) 1 $165,000 $165,000 $11,024 7.50%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $145,000 $145,000 $6,270 6.63%
AKRON, OH (FHA|USDA|VA) 1 $145,000 $145,000 $0 7.13%
Greenville, MS (FHA|USDA|VA) 2 $140,000 $70,000 $3,955 3.35%
Amsterdam, NY (FHA|USDA|VA) 1 $135,000 $135,000 $6,625 6.50%
OCALA, FL (FHA|USDA|VA) 1 $135,000 $135,000 $4,932 6.50%
Kinston, NC (FHA|USDA|VA) 1 $115,000 $115,000 $7,958 6.25%
Urbana, OH (FHA|USDA|VA) 1 $115,000 $115,000 $7,954 6.13%
Olean, NY (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.63%
Seneca Falls, NY (FHA|USDA|VA) 1 $105,000 $105,000 $6,025 6.63%
ROCHESTER, NY (FHA|USDA|VA) 1 $95,000 $95,000 $3,118 6.00%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $85,000 $85,000 $0 8.13%
Tupelo, MS (FHA|USDA|VA) 1 $65,000 $65,000 $4,220 6.38%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.25%
Evolve Bank & Trust's top markets include Memphis, New York, Philadelphia, Hartford, and Boston among others.

Their top states include:
  • Tennessee (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,509 $547,895,000 $363,085 $6,086 6.59%
    FHA 370 $107,590,000 $290,784 $12,075 6.70%
    VA 57 $20,295,000 $356,053 $8,060 6.55%
    USDA 12 $2,270,000 $189,167 $6,197 6.51%

    For 2023, Evolve Bank & Trust's most frequently originated type of loan was Conventional, with 1,509 originations. Their 2nd most popular type was FHA, with 370 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,784 $631,620,000 $354,047 $7,588 6.59%
    Cash Out Refi 91 $27,005,000 $296,758 $7,418 6.69%
    Refi 42 $12,730,000 $303,095 $5,960 6.85%
    Home Improvement 18 $3,330,000 $185,000 $4,796 7.43%
    Other 13 $3,365,000 $258,846 $5,393 6.71%

    For 2023, Evolve Bank & Trust's most frequently cited loan purpose was Home Purchase, with 1,784 originations. The 2nd most popular reason was Cash Out Refi, with 91 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,819 $632,385,000 $347,655 $7,677 6.54%
    5 Year 54 $8,900,000 $164,815 $0 8.06%
    10 Year 26 $380,000 $14,615 $215 7.34%
    1 Year 25 $3,955,000 $158,200 $0 8.14%
    15 Year 17 $4,445,000 $261,471 $4,649 5.56%
    20 Year 4 $1,440,000 $360,000 $3,613 6.06%
    Other 3 $26,545,000 $8,848,333 $0 7.00%

    For 2023, Evolve Bank & Trust's most frequently cited loan duration was 30 Year, with 1,819 originations. The 2nd most popular length was 5 Year, with 54 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 720 $290,080,000 $402,889
    $5k+ 287 $125,365,000 $436,812
    $2k-3k 186 $51,990,000 $279,516
    $<1k 171 $43,585,000 $254,883
    $3k-4k 171 $53,445,000 $312,544
    $4k-5k 90 $29,290,000 $325,444

    Evolve Bank & Trust's average total fees were $7,677, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 720 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 906 $321,830,000 $355,221
    7-8% 484 $162,780,000 $336,322
    5-6% 430 $169,770,000 $394,814
    Over 8% 97 $19,525,000 $201,289
    <2.5% 22 $410,000 $18,636
    4-5% 9 $3,735,000 $415,000

    During 2023, Evolve Bank & Trust's average interest rate for loans was 6.54%, while their most frequently originated rate bucket for loans was 6-7%, with 906 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 842 $244,510,000 $290,392 $8,003 6.70%
    $100k-200k 414 $64,250,000 $155,193 $5,455 6.63%
    $400k-600k 333 $159,185,000 $478,033 $8,340 6.61%
    $600k-1MM 178 $128,610,000 $722,528 $8,267 6.44%
    $100,000 or less 141 $8,025,000 $56,915 $1,598 6.29%
    $1MM+ 40 $73,470,000 $1,836,750 $11,613 6.34%

    2023 saw Evolve Bank & Trust place emphasis on $200k-400k loans with 842 originations, totaling $244,510,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 450 $179,950,000 $399,889 $7,549 6.62%
    $100k-150k 446 $147,690,000 $331,143 $8,007 6.66%
    $50k-75k 327 $64,875,000 $198,394 $6,584 6.36%
    $75k-100k 314 $82,680,000 $263,312 $8,015 6.63%
    $250k+ 261 $152,665,000 $584,923 $8,060 6.61%
    $50k or less 95 $13,585,000 $143,000 $5,788 6.38%

    Evolve Bank & Trust lent most frequently to those with incomes in the $150k-250k range, with 450 originations. The second most popular income band? $100k-150k, with 446 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 374 $129,140,000 $345,294 $6,697 6.46%
    20-30% 235 $80,825,000 $343,936 $6,187 6.44%
    50-60% 157 $45,275,000 $288,376 $10,839 6.81%
    42% 112 $50,220,000 $448,393 $7,171 6.33%
    49% 99 $35,335,000 $356,919 $8,498 6.62%
    <20% 84 $24,970,000 $297,262 $5,769 6.50%
    40% 81 $28,915,000 $356,975 $7,845 6.79%
    44% 79 $23,855,000 $301,962 $7,805 6.39%
    43% 76 $24,540,000 $322,895 $8,429 6.69%
    41% 74 $23,720,000 $320,541 $7,146 6.31%
    39% 72 $26,410,000 $366,806 $6,825 6.55%
    37% 71 $28,385,000 $399,789 $7,198 6.56%
    47% 71 $23,975,000 $337,676 $7,680 6.72%
    48% 64 $20,020,000 $312,813 $8,101 6.68%
    45% 62 $19,650,000 $316,935 $8,175 6.70%
    38% 61 $20,835,000 $341,557 $6,577 6.49%
    36% 51 $17,045,000 $334,216 $6,799 6.32%
    46% 48 $15,480,000 $322,500 $8,688 6.95%

    Evolve Bank & Trust lent most frequently to those with DTI ratios of 30-36%, with 374 originations. The next most common DTI ratio? 20-30%, with 235 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,378 $465,490,000 $337,801 $7,163 6.52%
    Black 280 $82,990,000 $296,393 $9,237 6.81%
    Asian 121 $48,155,000 $397,975 $7,056 6.54%
    Not provided 116 $44,340,000 $382,241 $7,677 6.64%
    Not applicable 45 $34,505,000 $766,778 $0 8.14%
    American Indian 5 $1,465,000 $293,000 $7,246 6.38%
    Native Hawaiian or Islander 3 $1,105,000 $368,333 $9,812 6.00%

    Approval Rates

    Total approvals of all applications
    94.39%

    Evolve Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    73.87%

    Evolve Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,948 $678,050,000 $348,075

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,948 $678,050,000 $348,075

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 57 $13,025,000 $228,509 $5,542 6.41%
    40-60% 140 $55,170,000 $394,071 $5,948 6.49%
    60-80% 522 $170,470,000 $326,571 $6,860 6.78%
    80-100% 1,166 $434,530,000 $372,667 $8,215 6.62%
    Over 100% 8 $2,470,000 $308,750 $13,922 6.66%
    Under 20% 55 $2,385,000 $43,364 $747 5.24%