Evolve Bank & Trust Mortgage Rates, Fees & Info

West Memphis, AR

LEI: 549300IRXW9RSZM2B951

Tax ID: 71-0057070

3.9 stars - Updated: 9/25/23 - out of 5 stars, based on 54 reviews

Latest/2022 | 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, Boston, Los Angeles, and Hartford among others. We have data for 236 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 about average 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% 9/25/23
30 Year Conventional Refi 6.47% 9/25/23
30 Year Cash-out Refi 6.64% 9/25/23
30 Year FHA Purchase 7.47% 9/25/23
30 Year FHA Refi 7.41% 9/25/23
30 Year VA Purchase 6.34% 9/25/23
30 Year VA Refi 6.46% 9/25/23
30 Year USDA Purchase 6.83% 9/25/23
15 Year Conventional Purchase 5.40% 9/25/23
15 Year Conventional Refi 6.07% 9/25/23
15 Year Cash-out Refi 6.07% 9/25/23
15 Year FHA Purchase 6.09% 9/25/23
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

2,944

Origination Dollar Volume (All Markets)

$978,450,000
Show all (28) awards

Relative Rate

Evolve Bank & Trust's average 30 year fixed mortgage rate was 4.94%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.18%.

Relative Fees (Closing Costs)

Evolve Bank & Trust's average total fees/closing costs for a 30 year fixed rate mortgage were $7,013.

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 $4,750.

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) 400 $96,520,000 $241,300 $5,754 4.97%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 173 $83,155,000 $480,665 $7,488 4.66%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 171 $70,605,000 $412,895 $6,048 4.63%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 74 $59,690,000 $806,622 $8,709 4.40%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 168 $49,930,000 $297,202 $5,356 4.81%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 174 $49,800,000 $286,207 $9,338 5.16%
WORCESTER, MA-CT (FHA|USDA|VA) 108 $34,700,000 $321,296 $7,135 4.93%
SPRINGFIELD, MA (FHA|USDA|VA) 113 $30,955,000 $273,938 $5,446 4.75%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 28 $25,820,000 $922,143 $5,421 4.28%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 48 $22,100,000 $460,417 $7,868 4.21%
JONESBORO, AR (FHA|USDA|VA) 77 $21,545,000 $279,805 $5,236 4.87%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 67 $20,465,000 $305,448 $8,975 4.81%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 66 $20,030,000 $303,485 $6,893 4.94%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 56 $19,780,000 $353,214 $12,153 5.16%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 42 $15,890,000 $378,333 $5,308 4.80%
BEND, OR (FHA|USDA|VA) 30 $15,300,000 $510,000 $9,713 4.28%
COLUMBUS, OH (FHA|USDA|VA) 54 $14,440,000 $267,407 $6,152 5.35%
Outside of Metro Areas 51 $13,675,000 $268,137 $6,334 5.08%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 29 $12,835,000 $442,586 $5,955 5.03%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 40 $11,580,000 $289,500 $6,231 4.53%
SALISBURY, MD-DE (FHA|USDA|VA) 47 $11,345,000 $241,383 $10,614 5.10%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 36 $11,080,000 $307,778 $7,113 4.91%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 29 $10,545,000 $363,621 $8,477 4.89%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 26 $9,160,000 $352,308 $4,553 4.90%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 38 $9,150,000 $240,789 $9,624 5.75%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 65 $8,945,000 $137,615 $5,818 5.38%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 18 $8,070,000 $448,333 $5,864 4.54%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 9 $7,275,000 $808,333 $7,858 4.71%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 16 $6,960,000 $435,000 $6,692 4.87%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 22 $6,890,000 $313,182 $6,453 5.05%
DOVER, DE (FHA|USDA|VA) 25 $6,885,000 $275,400 $10,766 5.32%
GLENS FALLS, NY (FHA|USDA|VA) 28 $6,410,000 $228,929 $6,100 5.31%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 14 $6,120,000 $437,143 $6,922 4.65%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 10 $5,860,000 $586,000 $5,351 4.28%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 5 $5,845,000 $1,169,000 $7,483 4.15%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 20 $5,350,000 $267,500 $8,337 5.01%
Torrington, CT (FHA|USDA|VA) 23 $5,195,000 $225,870 $4,746 5.20%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 12 $4,700,000 $391,667 $5,639 4.73%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 13 $4,335,000 $333,462 $6,392 4.85%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 11 $3,655,000 $332,273 $7,892 5.23%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 11 $3,625,000 $329,545 $3,885 4.50%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 7 $3,525,000 $503,571 $5,211 4.66%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 5 $3,465,000 $693,000 $5,611 5.05%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 10 $2,920,000 $292,000 $4,028 4.83%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 8 $2,900,000 $362,500 $6,793 5.38%
OKLAHOMA CITY, OK (FHA|USDA|VA) 17 $2,815,000 $165,588 $3,422 5.59%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 11 $2,775,000 $252,273 $6,256 5.07%
SYRACUSE, NY (FHA|USDA|VA) 6 $2,680,000 $446,667 $6,320 4.71%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 8 $2,630,000 $328,750 $6,880 4.91%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 8 $2,630,000 $328,750 $7,689 4.59%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $2,525,000 $841,667 $5,821 3.75%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $2,445,000 $489,000 $10,276 5.15%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 16 $2,360,000 $147,500 $5,748 5.11%
Sevierville, TN (FHA|USDA|VA) 4 $2,320,000 $580,000 $5,860 5.63%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 4 $2,260,000 $565,000 $5,432 4.66%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 8 $2,090,000 $261,250 $4,024 5.45%
Sandusky, OH (FHA|USDA|VA) 8 $2,080,000 $260,000 $6,407 5.06%
Batesville, AR (FHA|USDA|VA) 17 $2,075,000 $122,059 $3,477 4.54%
SAVANNAH, GA (FHA|USDA|VA) 2 $1,990,000 $995,000 $9,448 5.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 10 $1,920,000 $192,000 $3,776 4.64%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $1,765,000 $588,333 $7,552 5.88%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 7 $1,735,000 $247,857 $6,230 4.48%
SALT LAKE CITY, UT (FHA|USDA|VA) 3 $1,645,000 $548,333 $4,045 5.38%
PUNTA GORDA, FL (FHA|USDA|VA) 6 $1,540,000 $256,667 $3,989 5.52%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $1,510,000 $755,000 $7,025 4.88%
TUSCALOOSA, AL (FHA|USDA|VA) 8 $1,500,000 $187,500 $3,890 5.45%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 6 $1,470,000 $245,000 $7,420 5.21%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $1,430,000 $715,000 $5,319 3.94%
Paragould, AR (FHA|USDA|VA) 9 $1,425,000 $158,333 $7,134 5.59%
URBAN HONOLULU, HI (FHA|USDA|VA) 3 $1,385,000 $461,667 $3,602 4.88%
Lebanon, NH-VT (FHA|USDA|VA) 3 $1,355,000 $451,667 $10,716 3.83%
BOISE CITY, ID (FHA|USDA|VA) 2 $1,330,000 $665,000 $5,871 5.25%
Concord, NH (FHA|USDA|VA) 4 $1,320,000 $330,000 $6,915 5.03%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 4 $1,250,000 $312,500 $5,754 4.53%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $1,235,000 $411,667 $5,375 4.92%
CORVALLIS, OR (FHA|USDA|VA) 2 $1,220,000 $610,000 $6,468 5.13%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,170,000 $292,500 $3,618 4.31%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $1,105,000 $368,333 $3,630 4.71%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $1,055,000 $351,667 $5,369 4.17%
RENO, NV (FHA|USDA|VA) 2 $1,020,000 $510,000 $12,549 4.56%
JACKSON, MS (FHA|USDA|VA) 3 $1,005,000 $335,000 $3,966 5.00%
JACKSON, TN (FHA|USDA|VA) 6 $1,000,000 $166,667 $4,762 4.85%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $975,000 $325,000 $6,181 6.71%
Keene, NH (FHA|USDA|VA) 4 $970,000 $242,500 $3,009 5.38%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 6 $950,000 $158,333 $0 5.42%
PORT ST. LUCIE, FL (FHA|USDA|VA) 4 $930,000 $232,500 $6,519 4.69%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $920,000 $460,000 $4,315 4.50%
Urbana, OH (FHA|USDA|VA) 6 $920,000 $153,333 $6,956 5.23%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $890,000 $445,000 $4,342 4.44%
AKRON, OH (FHA|USDA|VA) 3 $875,000 $291,667 $5,793 5.96%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $855,000 $285,000 $8,496 5.54%
AMARILLO, TX (FHA|USDA|VA) 3 $825,000 $275,000 $5,020 4.38%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $825,000 $275,000 $8,679 7.21%
ST. LOUIS, MO-IL (FHA|USDA|VA) 6 $800,000 $133,333 $0 5.77%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $800,000 $400,000 $8,816 5.31%
Prineville, OR (FHA|USDA|VA) 2 $770,000 $385,000 $4,430 4.88%
HOT SPRINGS, AR (FHA|USDA|VA) 4 $770,000 $192,500 $3,064 4.56%
ALBUQUERQUE, NM (FHA|USDA|VA) 2 $770,000 $385,000 $16,824 5.94%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $770,000 $385,000 $8,117 4.94%
OCALA, FL (FHA|USDA|VA) 3 $765,000 $255,000 $10,114 4.96%
RICHMOND, VA (FHA|USDA|VA) 1 $765,000 $765,000 $4,496 4.50%
TULSA, OK (FHA|USDA|VA) 4 $740,000 $185,000 $4,999 5.22%
BINGHAMTON, NY (FHA|USDA|VA) 3 $725,000 $241,667 $5,242 5.04%
Oneonta, NY (FHA|USDA|VA) 1 $705,000 $705,000 $7,434 4.25%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $685,000 $228,333 $9,337 6.25%
KNOXVILLE, TN (FHA|USDA|VA) 2 $680,000 $340,000 $4,451 4.88%
FRESNO, CA (FHA|USDA|VA) 1 $675,000 $675,000 $5,701 5.50%
Gloversville, NY (FHA|USDA|VA) 3 $675,000 $225,000 $7,352 5.63%
MIDLAND, TX (FHA|USDA|VA) 2 $650,000 $325,000 $8,537 5.31%
FLORENCE, SC (FHA|USDA|VA) 2 $650,000 $325,000 $5,814 4.31%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $645,000 $645,000 $25,431 7.88%
REDDING, CA (FHA|USDA|VA) 1 $645,000 $645,000 $5,358 3.99%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $640,000 $320,000 $8,626 5.06%
Blytheville, AR (FHA|USDA|VA) 4 $640,000 $160,000 $5,897 5.25%
PROVO-OREM, UT (FHA|USDA|VA) 2 $640,000 $320,000 $6,781 5.25%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $630,000 $315,000 $16,044 5.00%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 3 $625,000 $208,333 $4,120 4.04%
EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $615,000 $205,000 $7,799 5.75%
TOLEDO, OH (FHA|USDA|VA) 3 $605,000 $201,667 $4,462 5.00%
KINGSTON, NY (FHA|USDA|VA) 2 $600,000 $300,000 $8,399 6.13%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $595,000 $595,000 $4,103 4.88%
Outside of Metro Areas 1 $585,000 $585,000 $5,608 4.88%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $585,000 $195,000 $2,786 5.33%
MISSOULA, MT (FHA|USDA|VA) 1 $565,000 $565,000 $4,380 4.63%
Forest City, NC (FHA|USDA|VA) 2 $560,000 $280,000 $4,818 3.69%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $545,000 $181,667 $0 5.83%
Durango, CO (FHA|USDA|VA) 1 $545,000 $545,000 $2,832 5.50%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $540,000 $270,000 $3,121 5.38%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $535,000 $535,000 $4,282 5.25%
Tupelo, MS (FHA|USDA|VA) 3 $525,000 $175,000 $5,659 4.92%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $525,000 $525,000 $16,144 4.00%
ANCHORAGE, AK (FHA|USDA|VA) 1 $525,000 $525,000 $3,253 4.13%
TUCSON, AZ (FHA|USDA|VA) 3 $515,000 $171,667 $4,142 4.79%
LIMA, OH (FHA|USDA|VA) 3 $505,000 $168,333 $3,689 5.13%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 4 $500,000 $125,000 $5,576 5.66%
Payson, AZ (FHA|USDA|VA) 2 $480,000 $240,000 $4,590 5.25%
Moses Lake, WA (FHA|USDA|VA) 1 $475,000 $475,000 $3,828 5.38%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $465,000 $465,000 $3,384 2.63%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $455,000 $455,000 $0 4.25%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $455,000 $455,000 $0 4.75%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $455,000 $455,000 $3,717 3.25%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $445,000 $445,000 $8,037 3.50%
Bennington, VT (FHA|USDA|VA) 1 $445,000 $445,000 $5,085 5.50%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $445,000 $445,000 $10,187 6.25%
STOCKTON, CA (FHA|USDA|VA) 1 $435,000 $435,000 $3,713 4.13%
PITTSFIELD, MA (FHA|USDA|VA) 2 $430,000 $215,000 $2,052 5.13%
LAFAYETTE, LA (FHA|USDA|VA) 1 $425,000 $425,000 $7,023 5.75%
VISALIA, CA (FHA|USDA|VA) 1 $425,000 $425,000 $3,742 5.13%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $415,000 $138,333 $3,867 6.13%
FAYETTEVILLE, NC (FHA|USDA|VA) 2 $410,000 $205,000 $9,187 5.56%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $405,000 $405,000 $3,884 4.13%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $405,000 $405,000 $4,790 4.88%
GREELEY, CO (FHA|USDA|VA) 1 $405,000 $405,000 $3,320 4.75%
CHICO, CA (FHA|USDA|VA) 1 $395,000 $395,000 $4,982 6.50%
Albertville, AL (FHA|USDA|VA) 1 $395,000 $395,000 $3,842 5.25%
Pahrump, NV (FHA|USDA|VA) 1 $375,000 $375,000 $0 6.25%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $370,000 $185,000 $0 4.94%
Cornelia, GA (FHA|USDA|VA) 1 $365,000 $365,000 $4,260 5.63%
Seneca, SC (FHA|USDA|VA) 1 $365,000 $365,000 $4,328 5.50%
WICHITA, KS (FHA|USDA|VA) 1 $365,000 $365,000 $2,530 5.25%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $355,000 $355,000 $4,555 4.13%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $355,000 $355,000 $11,828 3.63%
Brownsville, TN (FHA|USDA|VA) 2 $350,000 $175,000 $3,548 5.25%
West Plains, MO (FHA|USDA|VA) 1 $345,000 $345,000 $3,026 3.25%
LOUISVILLE, KY (FHA|USDA|VA) 1 $345,000 $345,000 $3,865 4.63%
Corsicana, TX (FHA|USDA|VA) 1 $345,000 $345,000 $19,330 7.50%
Searcy, AR (FHA|USDA|VA) 3 $345,000 $115,000 $0 5.54%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $345,000 $345,000 $4,646 5.88%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $345,000 $345,000 $10,042 4.75%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $345,000 $345,000 $0 5.00%
GREENVILLE, NC (FHA|USDA|VA) 1 $335,000 $335,000 $3,617 4.13%
COLUMBIA, MO (FHA|USDA|VA) 1 $335,000 $335,000 $2,191 3.88%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $325,000 $325,000 $4,174 4.88%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $320,000 $160,000 $4,339 3.81%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $315,000 $315,000 $3,530 4.88%
Bogalusa, LA (FHA|USDA|VA) 1 $305,000 $305,000 $11,817 5.25%
LINCOLN, NE (FHA|USDA|VA) 1 $305,000 $305,000 $6,123 5.25%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $305,000 $305,000 $4,273 4.88%
Wilmington, OH (FHA|USDA|VA) 1 $295,000 $295,000 $4,727 3.38%
WILMINGTON, NC (FHA|USDA|VA) 1 $285,000 $285,000 $2,948 3.25%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $285,000 $285,000 $4,923 5.75%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $285,000 $285,000 $7,001 5.63%
Oxford, MS (FHA|USDA|VA) 2 $280,000 $140,000 $6,303 8.25%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $275,000 $275,000 $0 7.00%
Cookeville, TN (FHA|USDA|VA) 1 $265,000 $265,000 $9,921 5.13%
Plattsburgh, NY (FHA|USDA|VA) 1 $265,000 $265,000 $8,216 5.63%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $265,000 $265,000 $0 4.85%
Bellefontaine, OH (FHA|USDA|VA) 2 $260,000 $130,000 $4,959 5.31%
Chillicothe, OH (FHA|USDA|VA) 1 $255,000 $255,000 $10,301 7.63%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $255,000 $255,000 $12,571 5.13%
Rutland, VT (FHA|USDA|VA) 1 $245,000 $245,000 $0 5.38%
Thomaston, GA (FHA|USDA|VA) 1 $245,000 $245,000 $11,217 5.63%
Stevens Point, WI (FHA|USDA|VA) 1 $245,000 $245,000 $3,523 4.63%
HARRISONBURG, VA (FHA|USDA|VA) 1 $245,000 $245,000 $13,356 5.25%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $240,000 $120,000 $3,108 5.19%
SPRINGFIELD, OH (FHA|USDA|VA) 2 $240,000 $120,000 $6,722 6.38%
APPLETON, WI (FHA|USDA|VA) 1 $235,000 $235,000 $2,895 5.63%
New Castle, PA (FHA|USDA|VA) 1 $235,000 $235,000 $7,663 5.25%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $225,000 $225,000 $4,923 5.75%
Aberdeen, WA (FHA|USDA|VA) 1 $215,000 $215,000 $3,966 4.88%
BATON ROUGE, LA (FHA|USDA|VA) 1 $215,000 $215,000 $7,634 5.63%
Greenville, MS (FHA|USDA|VA) 1 $215,000 $215,000 $3,760 5.50%
Show Low, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $3,278 4.00%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $205,000 $205,000 $4,036 5.50%
LYNCHBURG, VA (FHA|USDA|VA) 1 $205,000 $205,000 $7,139 5.25%
WARNER ROBINS, GA (FHA|USDA|VA) 2 $200,000 $100,000 $0 6.00%
COLUMBIA, SC (FHA|USDA|VA) 1 $195,000 $195,000 $4,397 3.88%
Ontario, OR-ID (FHA|USDA|VA) 1 $195,000 $195,000 $9,688 7.25%
GAINESVILLE, FL (FHA|USDA|VA) 1 $185,000 $185,000 $3,631 4.25%
ROCHESTER, NY (FHA|USDA|VA) 1 $185,000 $185,000 $9,904 4.50%
Mayfield, KY (FHA|USDA|VA) 1 $185,000 $185,000 $7,188 5.88%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $180,000 $90,000 $0 4.87%
PINE BLUFF, AR (FHA|USDA|VA) 1 $175,000 $175,000 $5,383 5.38%
ROME, GA (FHA|USDA|VA) 1 $175,000 $175,000 $6,875 5.63%
Norwalk, OH (FHA|USDA|VA) 1 $175,000 $175,000 $5,284 5.88%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $175,000 $175,000 $4,565 6.75%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $175,000 $175,000 $0 4.25%
SPARTANBURG, SC (FHA|USDA|VA) 1 $165,000 $165,000 $0 4.25%
EL PASO, TX (FHA|USDA|VA) 1 $165,000 $165,000 $3,626 5.38%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $165,000 $165,000 $3,959 7.25%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $165,000 $165,000 $2,013 5.00%
Cleveland, MS (FHA|USDA|VA) 1 $155,000 $155,000 $5,714 4.50%
Corinth, MS (FHA|USDA|VA) 1 $155,000 $155,000 $3,365 6.00%
Amsterdam, NY (FHA|USDA|VA) 1 $145,000 $145,000 $2,877 5.75%
Van Wert, OH (FHA|USDA|VA) 1 $135,000 $135,000 $4,698 5.25%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $125,000 $125,000 $4,760 5.25%
CHARLESTON, WV (FHA|USDA|VA) 1 $115,000 $115,000 $5,547 5.00%
Pottsville, PA (FHA|USDA|VA) 1 $115,000 $115,000 $2,943 5.38%
Forrest City, AR (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.00%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.63%
DECATUR, AL (FHA|USDA|VA) 1 $75,000 $75,000 $2,628 5.00%
Mountain Home, AR (FHA|USDA|VA) 1 $75,000 $75,000 $2,833 5.50%
Helena-West Helena, AR (FHA|USDA|VA) 1 $65,000 $65,000 $4,178 4.75%
Richmond, IN (FHA|USDA|VA) 1 $65,000 $65,000 $0 5.88%
LUBBOCK, TX (FHA|USDA|VA) 1 $65,000 $65,000 $3,250 5.38%
Arkadelphia, AR (FHA|USDA|VA) 1 $55,000 $55,000 $3,722 3.25%
Evolve Bank & Trust's top markets include Memphis, New York, Boston, Los Angeles, and Hartford among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,353 $801,695,000 $340,712 $5,565 4.89%
    FHA 464 $130,900,000 $282,112 $11,468 5.07%
    VA 113 $42,795,000 $378,717 $9,625 4.96%
    USDA 14 $3,060,000 $218,571 $6,556 5.20%

    For 2022, Evolve Bank & Trust's most frequently originated type of loan was Conventional, with 2,353 originations. Their 2nd most popular type was FHA, with 464 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,408 $802,820,000 $333,397 $7,162 5.02%
    Cash Out Refi 343 $106,405,000 $310,219 $5,740 4.64%
    Refi 183 $66,445,000 $363,087 $5,245 4.09%
    Other 8 $2,390,000 $298,750 $6,723 6.08%
    Home Improvement 2 $390,000 $195,000 $4,433 5.88%

    For 2022, Evolve Bank & Trust's most frequently cited loan purpose was Home Purchase, with 2,408 originations. The 2nd most popular reason was Cash Out Refi, with 343 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,736 $930,590,000 $340,128 $7,013 4.94%
    5 Year 84 $16,630,000 $197,976 $0 5.22%
    15 Year 77 $17,515,000 $227,468 $4,233 3.76%
    20 Year 26 $8,330,000 $320,385 $4,919 4.02%
    10 Year 14 $430,000 $30,714 $1,485 7.02%
    Other 6 $4,600,000 $766,667 $4,978 4.17%
    1 Year 1 $355,000 $355,000 $0 4.50%

    For 2022, Evolve Bank & Trust's most frequently cited loan duration was 30 Year, with 2,736 originations. The 2nd most popular length was 5 Year, with 84 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 983 $360,295,000 $366,526
    $<1k 485 $170,555,000 $351,660
    $5k+ 376 $163,610,000 $435,133
    $2k-3k 265 $77,535,000 $292,585
    $3k-4k 211 $62,685,000 $297,085
    $4k-5k 129 $45,025,000 $349,031

    Evolve Bank & Trust's average total fees were $7,013, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 983 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 957 $303,315,000 $316,944
    4-5% 907 $315,895,000 $348,286
    3-4% 577 $208,565,000 $361,464
    6-7% 325 $91,285,000 $280,877
    2.5-3% 72 $36,530,000 $507,361
    7-8% 68 $19,830,000 $291,618
    <2.5% 26 $2,670,000 $102,692
    Over 8% 12 $360,000 $30,000

    During 2022, Evolve Bank & Trust's average interest rate for loans was 4.94%, while their most frequently originated rate bucket for loans was 5-6%, with 957 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,284 $377,000,000 $293,614 $7,098 4.95%
    $100k-200k 670 $103,350,000 $154,254 $4,966 5.05%
    $400k-600k 510 $245,210,000 $480,804 $7,999 4.86%
    $100,000 or less 215 $14,645,000 $68,116 $2,511 4.88%
    $600k-1MM 210 $154,320,000 $734,857 $7,897 4.68%
    $1MM+ 55 $83,925,000 $1,525,909 $10,794 4.24%

    2022 saw Evolve Bank & Trust place emphasis on $200k-400k loans with 1,284 originations, totaling $377,000,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 729 $236,695,000 $324,684 $6,957 4.99%
    $150k-250k 543 $217,765,000 $401,041 $6,826 4.97%
    $50k-75k 539 $122,705,000 $227,653 $6,557 4.82%
    $75k-100k 507 $145,635,000 $287,249 $7,523 4.96%
    $250k+ 315 $194,575,000 $617,698 $7,179 4.82%
    $50k or less 231 $37,685,000 $163,139 $5,930 4.85%

    Evolve Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 729 originations. The second most popular income band? $150k-250k, with 543 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 490 $174,690,000 $356,510 $6,088 4.86%
    20-30% 456 $148,530,000 $325,724 $5,453 4.75%
    50-60% 211 $66,105,000 $313,294 $11,729 5.12%
    42% 152 $60,860,000 $400,395 $6,439 5.03%
    41% 142 $54,120,000 $381,127 $5,755 4.90%
    <20% 138 $44,410,000 $321,812 $4,854 4.75%
    40% 132 $44,150,000 $334,470 $6,391 4.81%
    49% 129 $41,525,000 $321,899 $7,356 5.07%
    44% 120 $36,060,000 $300,500 $7,216 4.89%
    36% 108 $39,440,000 $365,185 $6,470 5.02%
    39% 107 $33,835,000 $316,215 $7,066 4.91%
    38% 107 $38,745,000 $362,103 $6,010 4.88%
    46% 104 $31,130,000 $299,327 $8,934 4.96%
    37% 100 $27,760,000 $277,600 $5,912 4.99%
    47% 100 $31,620,000 $316,200 $8,235 5.14%
    43% 98 $29,330,000 $299,286 $6,752 4.99%
    48% 88 $27,840,000 $316,364 $7,873 4.88%
    45% 82 $25,640,000 $312,683 $7,529 5.19%
    >60% 3 $1,365,000 $455,000 $9,016 4.33%

    Evolve Bank & Trust lent most frequently to those with DTI ratios of 30-36%, with 490 originations. The next most common DTI ratio? 20-30%, with 456 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,009 $679,905,000 $338,430 $6,457 4.87%
    Black 394 $116,500,000 $295,685 $9,351 5.17%
    Not provided 269 $80,855,000 $300,576 $6,171 5.04%
    Asian 187 $76,475,000 $408,957 $6,618 4.71%
    Not applicable 67 $19,515,000 $291,269 $0 5.12%
    American Indian 10 $3,070,000 $307,000 $7,313 4.98%
    Native Hawaiian or Islander 7 $1,765,000 $252,143 $7,397 5.09%
    Japanese 1 $365,000 $365,000 $6,330 4.25%

    Approval Rates

    Total approvals of all applications
    94.54%

    Evolve Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    75.27%

    Evolve Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,944 $978,450,000 $332,354

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,944 $978,450,000 $332,354

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 86 $20,290,000 $235,930 $4,704 4.64%
    40-60% 252 $83,400,000 $330,952 $5,170 4.54%
    60-80% 942 $300,010,000 $318,482 $5,875 4.98%
    80-100% 1,589 $561,495,000 $353,364 $7,643 4.98%
    Over 100% 32 $11,730,000 $366,563 $13,726 5.29%
    Under 20% 43 $1,525,000 $35,465 $937 3.88%