Mcnb Bank And Trust Co. Mortgage Rates, Fees & Info
Welch, WVLEI: 549300JRZJXS01TP9N73
Tax ID: 55-0229280
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Mortgage Data
Review & Overview
Mcnb Bank And Trust Co. is a smaller bank specializing in Home Purchase and Refi loans. Mcnb Bank And Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: Bluefield, Huntington, Beckley, Canton, and Roanoke among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Mcnb Bank And Trust Co. 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.
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Originations
48Origination Dollar Volume (All Markets)
$16,260,000Top 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 |
|---|---|---|---|---|---|
| Bluefield, WV-VA (FHA|USDA|VA) | 11 | $5,505,000 | $500,455 | $0 | 0.00% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 7 | $3,615,000 | $516,429 | $0 | 0.00% |
| BECKLEY, WV (FHA|USDA|VA) | 17 | $2,595,000 | $152,647 | $0 | 0.00% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 2 | $1,150,000 | $575,000 | $0 | 0.00% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $955,000 | $955,000 | $0 | 0.00% |
| CHARLESTON, WV (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $0 | 0.00% |
| Fairmont, WV (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $475,000 | $95,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against MCNB Bank and Trust Co. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 48 | $16,260,000 | $338,750 | $0 | 0.00% |
For 2023, Mcnb Bank And Trust Co.'s most frequently originated type of loan was Conventional, with 48 originations.
Loan Reason
For 2023, Mcnb Bank And Trust Co.'s most frequently cited loan purpose was Home Purchase, with 17 originations. The 2nd most popular reason was Refi, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 48 | $16,260,000 | $338,750 | $0 | 0.00% |
For 2023, Mcnb Bank And Trust Co.'s most frequently cited loan duration was Other, with 48 originations.
Loan Sizing
2023 saw Mcnb Bank And Trust Co. place emphasis on $100k-200k loans with 17 originations, totaling $2,485,000 in origination value.
Applicant Income
Mcnb Bank And Trust Co. lent most frequently to those with incomes in the $100k-150k range, with 7 originations. The second most popular income band? $50k-75k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 48 | $16,260,000 | $338,750 | $0 | 0.00% |
Mcnb Bank And Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 48 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 19 | $12,065,000 | $635,000 | $0 | 0.00% |
| White | 29 | $4,195,000 | $144,655 | $0 | 0.00% |
Approval Rates
Total approvals of all applications83.82%
Mcnb Bank And Trust Co. has a below average approval rate.
Pick Rate
Approvals leading to origination81.25%
Mcnb Bank And Trust Co. has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 48 | $16,260,000 | $338,750 |