Community Trust Mortgage Rates, Fees & Info
Gurnee, ILLEI: 549300KZRQ03T8H2Y769
Tax ID: 36-1932435
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Mortgage Data
Review & Overview
Community Trust is a smaller mortgage company specializing in Refi and Home Purchase loans. Community Trust has a high proportion of conventional loans. Their top (well, only) market is Chicago.Community Trust has an average approval rate when compared to the average across all lenders.
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Originations
103Origination Dollar Volume (All Markets)
$11,705,000Top 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) | 103 | $11,705,000 | $113,641 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 103 | $11,705,000 | $113,641 | $0 | 0.00% |
For 2018, Community Trust's most frequently originated type of loan was Conventional, with 103 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 63 | $6,655,000 | $105,635 | $0 | 0.00% |
| Cash Out Refi | 23 | $1,885,000 | $81,957 | $0 | 0.00% |
| Home Purchase | 17 | $3,165,000 | $186,176 | $0 | 0.00% |
For 2018, Community Trust's most frequently cited loan purpose was Refi, with 63 originations. The 2nd most popular reason was Cash Out Refi, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 103 | $11,705,000 | $113,641 | $0 | 0.00% |
For 2018, Community Trust's most frequently cited loan duration was Other, with 103 originations.
Loan Sizing
2018 saw Community Trust place emphasis on $100,000 or less loans with 50 originations, totaling $2,510,000 in origination value.
Applicant Income
Community Trust lent most frequently to those with incomes in the $100k-150k range, with 28 originations. The second most popular income band? $75k-100k, with 26 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 101 | $11,585,000 | $114,703 | $0 | 0.00% |
| Asian | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Not provided | 1 | $35,000 | $35,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications85.83%
Community Trust has an average approval rate.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 103 | $11,705,000 | $113,641 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 103 | $11,705,000 | $113,641 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Community Lending of America, Inc. | VA mortgage | Closing on a mortgage | 1 | 100.0% |