Valley Central Bank Mortgage Rates, Fees & Info

Liberty Township, OH

LEI: 549300KL7MLR63WYCF68

Tax ID: 31-0475308

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Valley Central Bank is a smaller bank specializing in Home Purchase loans. Valley Central Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Cincinnati, Columbus, and Dayton among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Valley Central Bank 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.

    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.

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    Originations

    77

    Origination Dollar Volume (All Markets)

    $24,125,000

    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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 68 $22,070,000 $324,559 $0 0.00%
    COLUMBUS, OH (FHA|USDA|VA) 4 $1,100,000 $275,000 $0 0.00%
    Outside of Metro Areas 3 $635,000 $211,667 $0 0.00%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $320,000 $160,000 $0 0.00%
    Valley Central Bank's top markets include Cincinnati, Columbus, and Dayton among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 75 $23,695,000 $315,933 $0 0.00%
    FHA 2 $430,000 $215,000 $0 0.00%

    For 2024, Valley Central Bank's most frequently originated type of loan was Conventional, with 75 originations. Their 2nd most popular type was FHA, with 2 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 63 $18,185,000 $288,651 $0 0.00%
    Cash Out Refi 8 $1,400,000 $175,000 $0 0.00%
    Home Improvement 2 $3,100,000 $1,550,000 $0 0.00%
    Other 2 $140,000 $70,000 $0 0.00%
    Refi 2 $1,300,000 $650,000 $0 0.00%

    For 2024, Valley Central Bank's most frequently cited loan purpose was Home Purchase, with 63 originations. The 2nd most popular reason was Cash Out Refi, with 8 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 77 $24,125,000 $313,312 $0 0.00%

    For 2024, Valley Central Bank's most frequently cited loan duration was Other, with 77 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 32 $8,390,000 $262,188 $0 0.00%
    $100k-200k 29 $4,475,000 $154,310 $0 0.00%
    $100,000 or less 6 $430,000 $71,667 $0 0.00%
    $1MM+ 6 $8,240,000 $1,373,333 $0 0.00%
    $400k-600k 2 $830,000 $415,000 $0 0.00%
    $600k-1MM 2 $1,760,000 $880,000 $0 0.00%

    2024 saw Valley Central Bank place emphasis on $200k-400k loans with 32 originations, totaling $8,390,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 19 $3,175,000 $167,105 $0 0.00%
    $75k-100k 16 $3,240,000 $202,500 $0 0.00%
    $100k-150k 14 $3,310,000 $236,429 $0 0.00%
    $150k-250k 11 $2,625,000 $238,636 $0 0.00%
    $50k or less 5 $795,000 $159,000 $0 0.00%
    $250k+ 2 $1,280,000 $640,000 $0 0.00%

    Valley Central Bank lent most frequently to those with incomes in the $50k-75k range, with 19 originations. The second most popular income band? $75k-100k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 77 $24,125,000 $313,312 $0 0.00%

    Valley Central Bank lent most frequently to those with DTI ratios of Exempt%, with 77 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 61 $13,145,000 $215,492 $0 0.00%
    Not applicable 10 $9,700,000 $970,000 $0 0.00%
    Asian 2 $500,000 $250,000 $0 0.00%
    Black 2 $480,000 $240,000 $0 0.00%
    Not provided 2 $300,000 $150,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.79%

    Valley Central 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 origination
    85.71%

    Valley Central Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 77 $24,125,000 $313,312

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    77 $24,125,000 $313,312