Bank Of Dickson Mortgage Rates, Fees & Info
Dickson, TNLEI: 549300LIPY4ISRLGTF16
Tax ID: 62-0530495
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bank Of Dickson is a smaller bank specializing in Refi and Home Purchase loans. Bank Of Dickson has a high proportion of conventional loans. Their top markets by origination volume include: Nashville, Chattanooga, and Mcminnville among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank Of Dickson 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.
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Originations
171Origination Dollar Volume (All Markets)
$36,815,000Top 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 |
|---|---|---|---|---|---|
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 146 | $32,690,000 | $223,904 | $0 | 0.00% |
| Outside of Metro Areas | 23 | $3,855,000 | $167,609 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 171 | $36,815,000 | $215,292 | $0 | 0.00% |
For 2022, Bank Of Dickson's most frequently originated type of loan was Conventional, with 171 originations.
Loan Reason
For 2022, Bank Of Dickson's most frequently cited loan purpose was Refi, with 91 originations. The 2nd most popular reason was Home Purchase, with 39 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 171 | $36,815,000 | $215,292 | $0 | 0.00% |
For 2022, Bank Of Dickson's most frequently cited loan duration was Other, with 171 originations.
Loan Sizing
2022 saw Bank Of Dickson place emphasis on $100k-200k loans with 55 originations, totaling $7,885,000 in origination value.
Applicant Income
Bank Of Dickson lent most frequently to those with incomes in the $50k-75k range, with 49 originations. The second most popular income band? $100k-150k, with 34 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 171 | $36,815,000 | $215,292 | $0 | 0.00% |
Bank Of Dickson lent most frequently to those with DTI ratios of Exempt%, with 171 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 163 | $35,275,000 | $216,411 | $0 | 0.00% |
| Black | 6 | $800,000 | $133,333 | $0 | 0.00% |
| Asian | 2 | $740,000 | $370,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications93.33%
Bank Of Dickson has an average approval rate.
Pick Rate
Approvals leading to origination85.38%
Bank Of Dickson has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 171 | $36,815,000 | $215,292 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| BANK OF AMERICA, NATIONAL ASSOCIATION | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 6.7% |
| BANK OF AMERICA, NATIONAL ASSOCIATION | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 20.0% |
| BANK OF AMERICA, NATIONAL ASSOCIATION | Conventional home mortgage | Closing on a mortgage | 1 | 6.7% |
| BANK OF AMERICA, NATIONAL ASSOCIATION | Conventional home mortgage | Struggling to pay mortgage | 1 | 6.7% |
| BANK OF AMERICA, NATIONAL ASSOCIATION | Conventional home mortgage | Trouble during payment process | 7 | 46.7% |
| BANK OF AMERICA, NATIONAL ASSOCIATION | FHA mortgage | Struggling to pay mortgage | 1 | 6.7% |
| BANK OF AMERICA, NATIONAL ASSOCIATION | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 1 | 6.7% |