Community State Bank Mortgage Rates, Fees & Info
Brook, INLEI: 549300K6I4IZA57BON59
Tax ID: 35-0242160
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Community State Bank is a smaller bank specializing in Home Purchase and Refi loans. Community State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Lafayette, Indianapolis, and Crawfordsville among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Community State Bank has an above average approval rate when compared to the average across all lenders.
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Originations
83Origination Dollar Volume (All Markets)
$15,925,000Top 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 |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 79 | $15,195,000 | $192,342 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Crawfordsville, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Community State Bank 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 | 83 | $15,925,000 | $191,867 | $0 | 0.00% |
For 2023, Community State Bank's most frequently originated type of loan was Conventional, with 83 originations.
Loan Reason
For 2023, Community State Bank's most frequently cited loan purpose was Home Purchase, with 34 originations. The 2nd most popular reason was Refi, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 83 | $15,925,000 | $191,867 | $0 | 0.00% |
For 2023, Community State Bank's most frequently cited loan duration was Other, with 83 originations.
Loan Sizing
2023 saw Community State Bank place emphasis on $100,000 or less loans with 34 originations, totaling $1,650,000 in origination value.
Applicant Income
Community State Bank lent most frequently to those with incomes in the $100k-150k range, with 20 originations. The second most popular income band? $50k-75k, with 18 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 83 | $15,925,000 | $191,867 | $0 | 0.00% |
Community State Bank lent most frequently to those with DTI ratios of Exempt%, with 83 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.51%
Community State Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 83 | $15,925,000 | $191,867 |