Town & Country Banc Mortgage Services Rates, Fees & Info
Wilmington, DELEI: 549300L0EV5UM3IRHJ33
Tax ID: 37-1072798
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Town & Country Banc Mortgage Services is a smaller mortgage company specializing in Home Purchase and Refi loans. Town & Country Banc Mortgage Services 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: St. Louis, Springfield, Decatur, Jacksonville, and Chicago among others. We have data for 76 markets. (Some data included below & more in-depth data is available with an active subscription.)Town & Country Banc Mortgage Services 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. Town & Country Banc Mortgage Services is typically a low 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 | 6.89% | 11/22/24 |
| 30 Year Conventional Refi | 6.71% | 11/22/24 |
| 30 Year Cash-out Refi | 6.75% | 11/22/24 |
| 30 Year FHA Purchase | 7.70% | 11/22/24 |
| 30 Year FHA Refi | 6.27% | 11/22/24 |
| 30 Year VA Purchase | 6.93% | 11/22/24 |
| 30 Year USDA Purchase | 7.36% | 11/22/24 |
| 15 Year Conventional Purchase | 6.23% | 11/22/24 |
| 15 Year Conventional Refi | 6.24% | 11/22/24 |
| 15 Year Cash-out Refi | 6.24% | 11/22/24 |
| 15 Year FHA Purchase | 7.06% | 11/22/24 |
| 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. | ||
Town & Country Banc Mortgage Services Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Town & Country Banc Mortgage Services. 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
2,807Origination Dollar Volume (All Markets)
$439,775,000Awards
Town & Country Banc Mortgage Services - 2020
Town & Country Banc Mortgage Services is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
Work for Town & Country Banc Mortgage Services?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 804 | $138,700,000 | $172,512 | $2,155 | 2.76% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 776 | $121,570,000 | $156,662 | $1,878 | 2.79% |
| DECATUR, IL (FHA|USDA|VA) | 461 | $59,395,000 | $128,839 | $2,155 | 2.79% |
| Jacksonville, IL (FHA|USDA|VA) | 123 | $15,485,000 | $125,894 | $2,037 | 2.91% |
| Outside of Metro Areas | 109 | $13,555,000 | $124,358 | $2,220 | 2.95% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 62 | $13,350,000 | $215,323 | $2,675 | 2.92% |
| Quincy, IL-MO (FHA|USDA|VA) | 76 | $9,180,000 | $120,789 | $1,727 | 2.58% |
| ST. CLOUD, MN (FHA|USDA|VA) | 39 | $8,935,000 | $229,103 | $3,470 | 2.87% |
| PEORIA, IL (FHA|USDA|VA) | 45 | $8,605,000 | $191,222 | $1,848 | 2.80% |
| Lincoln, IL (FHA|USDA|VA) | 59 | $6,945,000 | $117,712 | $1,820 | 2.88% |
| Taylorville, IL (FHA|USDA|VA) | 53 | $6,555,000 | $123,679 | $2,205 | 2.89% |
| Ottawa, IL (FHA|USDA|VA) | 43 | $4,885,000 | $113,605 | $2,699 | 3.43% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 21 | $4,415,000 | $210,238 | $1,935 | 2.71% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 9 | $2,235,000 | $248,333 | $3,577 | 2.79% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 12 | $1,890,000 | $157,500 | $1,825 | 2.51% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 7 | $1,855,000 | $265,000 | $3,065 | 3.28% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 15 | $1,735,000 | $115,667 | $2,951 | 3.28% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 4 | $1,170,000 | $292,500 | $3,647 | 2.84% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $1,170,000 | $292,500 | $3,324 | 2.97% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $3,223 | 2.86% |
| Rochelle, IL (FHA|USDA|VA) | 5 | $845,000 | $169,000 | $3,736 | 2.95% |
| Galesburg, IL (FHA|USDA|VA) | 4 | $740,000 | $185,000 | $2,179 | 2.76% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $3,199 | 3.12% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $2,208 | 2.78% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $2,147 | 2.57% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $2,492 | 3.13% |
| ROCKFORD, IL (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $2,308 | 3.03% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $3,100 | 3.15% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $2,059 | 3.13% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $3,885 | 2.33% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $4,728 | 3.23% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $1,926 | 2.89% |
| Brainerd, MN (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $3,441 | 2.95% |
| Cornelia, GA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $3,214 | 3.38% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $2,522 | 2.53% |
| FOND DU LAC, WI (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $2,043 | 2.95% |
| Alexandria, MN (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $3,181 | 2.88% |
| Grand Rapids, MN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,843 | 2.85% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $5,937 | 2.75% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,474 | 3.38% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $4,022 | 3.13% |
| Hannibal, MO (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $1,432 | 2.99% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,041 | 2.93% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,599 | 3.63% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,584 | 3.43% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,212 | 4.63% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,878 | 2.73% |
| MADISON, WI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $1,581 | 2.95% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $1,945 | 2.63% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,228 | 2.38% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,676 | 3.78% |
| COLUMBIA, MO (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $1,927 | 2.54% |
| Fergus Falls, MN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,460 | 3.03% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,293 | 2.63% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,002 | 3.38% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,604 | 3.25% |
| IOWA CITY, IA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,113 | 2.63% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,875 | 2.95% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,728 | 2.18% |
| RACINE, WI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $1,863 | 4.23% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,355 | 2.55% |
| Pontiac, IL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $1,868 | 2.69% |
| Mountain Home, AR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,721 | 2.63% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 3 | $155,000 | $51,667 | $1,966 | 2.00% |
| Centralia, IL (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $1,525 | 3.04% |
| Kirksville, MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,476 | 3.25% |
| DANVILLE, IL (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 1.69% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,747 | 3.38% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,752 | 3.13% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,328 | 3.00% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,508 | 3.15% |
| Calhoun, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,564 | 3.25% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,756 | 2.38% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $1,624 | 2.35% |
| Branson, MO (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $1,685 | 2.45% |
| Macomb, IL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $2,312 | 2.40% |
Similar Lenders
We use machine learning to identify the top lenders compared against Town & Country Banc Mortgage Services based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 110
Similarity Rank: 115
Similarity Rank: 154
Similarity Rank: 195
Similarity Rank: 245
Similarity Rank: 250
Similarity Rank: 312
Similarity Rank: 312
Similarity Rank: 352
Similarity Rank: 405
Product Mix
For 2020, Town & Country Banc Mortgage Services's most frequently originated type of loan was Conventional, with 2,273 originations. Their 2nd most popular type was FHA, with 276 originations.
Loan Reason
For 2020, Town & Country Banc Mortgage Services's most frequently cited loan purpose was Home Purchase, with 1,377 originations. The 2nd most popular reason was Refi, with 1,054 originations.
Loan Duration/Length
For 2020, Town & Country Banc Mortgage Services's most frequently cited loan duration was 30 Year, with 1,714 originations. The 2nd most popular length was 15 Year, with 605 originations.
Origination Fees/Closing Costs
Town & Country Banc Mortgage Services's average total fees were $2,391, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,620 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 1,114 | $191,300,000 | $171,724 |
| 3-4% | 915 | $141,585,000 | $154,738 |
| <2.5% | 699 | $98,505,000 | $140,923 |
| 4-5% | 67 | $7,425,000 | $110,821 |
| 5-6% | 12 | $960,000 | $80,000 |
During 2020, Town & Country Banc Mortgage Services's average interest rate for loans was 3.12%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,114 originations.
Loan Sizing
2020 saw Town & Country Banc Mortgage Services place emphasis on $100k-200k loans with 1,176 originations, totaling $167,880,000 in origination value.
Applicant Income
Town & Country Banc Mortgage Services lent most frequently to those with incomes in the $50k-75k range, with 641 originations. The second most popular income band? $50k or less, with 612 originations.
Applicant Debt to Income Ratio
Town & Country Banc Mortgage Services lent most frequently to those with DTI ratios of 20-30%, with 831 originations. The next most common DTI ratio? 30-36%, with 570 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.08%
Town & Country Banc Mortgage Services has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination87.85%
Town & Country Banc Mortgage Services has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,807 | $439,775,000 | $156,671 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 11 | $1,175,000 | $106,818 |
| Single Family (1-4 Units):Site-Built | 2,796 | $438,600,000 | $156,867 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Town & Country Mortgage Services, INC. | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |