First Federal Community Bank Of Bucyrus Mortgage Rates, Fees & Info
Bucyrus, OHLEI: 549300M2TE26IJQD4W66
Tax ID: 34-4197125
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First Federal Community Bank Of Bucyrus is a smaller bank specializing in Home Purchase and Cash Out Refi loans. First Federal Community Bank Of Bucyrus has a high proportion of conventional loans. Their top markets by origination volume include: Columbus, Mansfield, Bucyrus, Cleveland, and Bellefontaine among others. We have data for 22 markets. (Some data included below & more in-depth data is available with an active subscription.)First Federal Community Bank Of Bucyrus has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
258Origination Dollar Volume (All Markets)
$45,210,000Top 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 |
|---|---|---|---|---|---|
| COLUMBUS, OH (FHA|USDA|VA) | 47 | $12,885,000 | $274,149 | $0 | 0.00% |
| MANSFIELD, OH (FHA|USDA|VA) | 51 | $10,255,000 | $201,078 | $0 | 0.00% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 100 | $9,500,000 | $95,000 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $2,380,000 | $595,000 | $0 | 0.00% |
| Bellefontaine, OH (FHA|USDA|VA) | 10 | $2,370,000 | $237,000 | $0 | 0.00% |
| Outside of Metro Areas | 8 | $1,920,000 | $240,000 | $0 | 0.00% |
| Marion, OH (FHA|USDA|VA) | 8 | $810,000 | $101,250 | $0 | 0.00% |
| Findlay, OH (FHA|USDA|VA) | 6 | $760,000 | $126,667 | $0 | 0.00% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $0 | 0.00% |
| TOLEDO, OH (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $0 | 0.00% |
| Urbana, OH (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $0 | 0.00% |
| Ashland, OH (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $0 | 0.00% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Tiffin, OH (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| DuBois, PA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 0.00% |
| Washington Court House, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Norwalk, OH (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 | 258 | $45,210,000 | $175,233 | $0 | 0.00% |
For 2022, First Federal Community Bank Of Bucyrus's most frequently originated type of loan was Conventional, with 258 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 117 | $23,155,000 | $197,906 | $0 | 0.00% |
| Cash Out Refi | 112 | $17,190,000 | $153,482 | $0 | 0.00% |
| Refi | 29 | $4,865,000 | $167,759 | $0 | 0.00% |
For 2022, First Federal Community Bank Of Bucyrus's most frequently cited loan purpose was Home Purchase, with 117 originations. The 2nd most popular reason was Cash Out Refi, with 112 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 258 | $45,210,000 | $175,233 | $0 | 0.00% |
For 2022, First Federal Community Bank Of Bucyrus's most frequently cited loan duration was Other, with 258 originations.
Loan Sizing
2022 saw First Federal Community Bank Of Bucyrus place emphasis on $100,000 or less loans with 124 originations, totaling $6,620,000 in origination value.
Applicant Income
First Federal Community Bank Of Bucyrus lent most frequently to those with incomes in the $50k or less range, with 48 originations. The second most popular income band? $50k-75k, with 40 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 258 | $45,210,000 | $175,233 | $0 | 0.00% |
First Federal Community Bank Of Bucyrus lent most frequently to those with DTI ratios of Exempt%, with 258 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.25%
First Federal Community Bank Of Bucyrus has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination98.06%
First Federal Community Bank Of Bucyrus has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 258 | $45,210,000 | $175,233 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |