The Campbell & Fetter Bank Mortgage Rates, Fees & Info

Kendallville, IN

LEI: 549300M20N1NQO7LMK11

Tax ID: 35-0843168

Latest/2023 | 2022 Data | 2021 Data | 2020 Data |

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Mortgage Data

Review & Overview

The Campbell & Fetter Bank is a smaller bank specializing in Home Purchase loans. The Campbell & Fetter Bank has a high proportion of conventional loans. The Campbell & Fetter Bank has a low ratio of conventional loans. Their top markets by origination volume include: Elkhart, Kendallville, Auburn, Warsaw, and South Bend among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

The Campbell & Fetter 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.

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Originations

149

Origination Dollar Volume (All Markets)

$31,855,000

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
ELKHART-GOSHEN, IN (FHA|USDA|VA) 34 $7,760,000 $228,235 $0 0.00%
Kendallville, IN (FHA|USDA|VA) 43 $6,895,000 $160,349 $1,998 7.00%
Outside of Metro Areas 21 $6,305,000 $300,238 $0 0.00%
Auburn, IN (FHA|USDA|VA) 14 $2,300,000 $164,286 $0 0.00%
Warsaw, IN (FHA|USDA|VA) 11 $2,065,000 $187,727 $0 0.00%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 6 $1,960,000 $326,667 $0 0.00%
Sturgis, MI (FHA|USDA|VA) 3 $1,165,000 $388,333 $0 0.00%
Angola, IN (FHA|USDA|VA) 5 $915,000 $183,000 $0 0.00%
FORT WAYNE, IN (FHA|USDA|VA) 4 $880,000 $220,000 $0 0.00%
Plymouth, IN (FHA|USDA|VA) 3 $565,000 $188,333 $0 0.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $395,000 $395,000 $0 0.00%
Athens, OH (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
KOKOMO, IN (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
Defiance, OH (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
The Campbell & Fetter Bank's top markets include Elkhart, Kendallville, Auburn, Warsaw, and South Bend among others.

Their top states include:
  • Indiana (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 148 $31,610,000 $213,581 $0 0.00%
    Conventional 1 $245,000 $245,000 $1,998 7.00%

    For 2023, The Campbell & Fetter Bank's most frequently originated type of loan was Conventional, with 148 originations. Their 2nd most popular type was Conventional, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 96 $26,970,000 $280,938 $1,998 7.00%
    Other 21 $1,915,000 $91,190 $0 0.00%
    Cash Out Refi 15 $1,805,000 $120,333 $0 0.00%
    Home Improvement 12 $600,000 $50,000 $0 0.00%
    Refi 5 $565,000 $113,000 $0 0.00%

    For 2023, The Campbell & Fetter Bank's most frequently cited loan purpose was Home Purchase, with 96 originations. The 2nd most popular reason was Other, with 21 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 149 $31,855,000 $213,792 $1,998 7.00%

    For 2023, The Campbell & Fetter Bank's most frequently cited loan duration was Other, with 149 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1 $245,000 $245,000

    The Campbell & Fetter Bank's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1 $245,000 $245,000

    During 2023, The Campbell & Fetter Bank's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 6-7%, with 1 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 59 $17,225,000 $291,949 $1,998 7.00%
    $100,000 or less 41 $1,945,000 $47,439 $0 0.00%
    $100k-200k 35 $4,915,000 $140,429 $0 0.00%
    $400k-600k 9 $4,215,000 $468,333 $0 0.00%
    $600k-1MM 5 $3,555,000 $711,000 $0 0.00%

    2023 saw The Campbell & Fetter Bank place emphasis on $200k-400k loans with 59 originations, totaling $17,225,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 41 $8,965,000 $218,659 $0 0.00%
    $75k-100k 36 $9,160,000 $254,444 $1,998 7.00%
    $50k-75k 31 $4,155,000 $134,032 $0 0.00%
    $50k or less 14 $1,050,000 $75,000 $0 0.00%
    $150k-250k 13 $3,315,000 $255,000 $0 0.00%
    $250k+ 13 $5,085,000 $391,154 $0 0.00%

    The Campbell & Fetter Bank lent most frequently to those with incomes in the $100k-150k range, with 41 originations. The second most popular income band? $75k-100k, with 36 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 148 $31,610,000 $213,581 $0 0.00%
    20-30% 1 $245,000 $245,000 $1,998 7.00%

    The Campbell & Fetter Bank lent most frequently to those with DTI ratios of Exempt%, with 148 originations. The next most common DTI ratio? 20-30%, with 1 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 146 $31,000,000 $212,329 $1,998 7.00%
    American Indian 1 $625,000 $625,000 $0 0.00%
    Not applicable 1 $125,000 $125,000 $0 0.00%
    Not provided 1 $105,000 $105,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.16%

    The Campbell & Fetter Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.26%

    The Campbell & Fetter Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 148 $31,610,000 $213,581
    NA 1 $245,000 $245,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    149 $31,855,000 $213,792

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    80-100% 1 $245,000 $245,000 $1,998 7.00%