Community Bank Of Trenton Mortgage Rates, Fees & Info
Trenton, ILLEI: 549300MGDBENMLUYMI91
Tax ID: 37-0817404
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Community Bank Of Trenton is a smaller bank specializing in Home Purchase and Refi loans. Community Bank Of Trenton has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Cape Coral, Evansville, Cape Girardeau, and Mount Vernon among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Community Bank Of Trenton 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
70Origination Dollar Volume (All Markets)
$13,780,000Top 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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 62 | $11,830,000 | $190,806 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $1,310,000 | $327,500 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Mount Vernon, IL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Community Bank of Trenton based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 70 | $13,780,000 | $196,857 | $0 | 0.00% |
For 2024, Community Bank Of Trenton's most frequently originated type of loan was Conventional, with 70 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 45 | $8,545,000 | $189,889 | $0 | 0.00% |
| Cash Out Refi | 16 | $2,030,000 | $126,875 | $0 | 0.00% |
| Refi | 9 | $3,205,000 | $356,111 | $0 | 0.00% |
For 2024, Community Bank Of Trenton's most frequently cited loan purpose was Home Purchase, with 45 originations. The 2nd most popular reason was Cash Out Refi, with 16 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 70 | $13,780,000 | $196,857 | $0 | 0.00% |
For 2024, Community Bank Of Trenton's most frequently cited loan duration was Other, with 70 originations.
Loan Sizing
2024 saw Community Bank Of Trenton place emphasis on $100,000 or less loans with 22 originations, totaling $1,450,000 in origination value.
Applicant Income
Community Bank Of Trenton lent most frequently to those with incomes in the $100k-150k range, with 14 originations. The second most popular income band? $150k-250k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 70 | $13,780,000 | $196,857 | $0 | 0.00% |
Community Bank Of Trenton lent most frequently to those with DTI ratios of Exempt%, with 70 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.47%
Community Bank Of Trenton has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination90.00%
Community Bank Of Trenton has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 70 | $13,780,000 | $196,857 |