Community Bank Of Trenton Mortgage Rates, Fees & Info

Trenton, IL

LEI: 549300MGDBENMLUYMI91

Tax ID: 37-0817404

Latest/2023 | 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 Girardeau, and Carbondale among others. We have data for 4 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

109

Origination Dollar Volume (All Markets)

$17,645,000

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
ST. LOUIS, MO-IL (FHA|USDA|VA) 104 $16,420,000 $157,885 $0 0.00%
Outside of Metro Areas 3 $795,000 $265,000 $0 0.00%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
Community Bank Of Trenton's top markets include St. Louis, Cape Girardeau, and Carbondale among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • 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.

    1ST MIDAMERICA
    Similarity Rank: 286
    CNB Bank And Trust, N.A.
    Similarity Rank: 323
    FIRST COMMUNITY
    Similarity Rank: 336
    First National Bank of Waterloo
    Similarity Rank: 340
    United Bank of Union
    Similarity Rank: 360
    VANTAGE Credit Union
    Similarity Rank: 371
    Bank of Hillsboro
    Similarity Rank: 459
    ALLIANCE CREDIT UNION
    Similarity Rank: 520
    ALLTRU Federal Credit Union
    Similarity Rank: 573

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 109 $17,645,000 $161,881 $0 0.00%

    For 2023, Community Bank Of Trenton's most frequently originated type of loan was Conventional, with 109 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 76 $12,180,000 $160,263 $0 0.00%
    Other 10 $530,000 $53,000 $0 0.00%
    Refi 10 $3,540,000 $354,000 $0 0.00%
    Cash Out Refi 10 $1,160,000 $116,000 $0 0.00%
    Home Improvement 3 $235,000 $78,333 $0 0.00%

    For 2023, Community Bank Of Trenton's most frequently cited loan purpose was Home Purchase, with 76 originations. The 2nd most popular reason was Other, with 10 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 109 $17,645,000 $161,881 $0 0.00%

    For 2023, Community Bank Of Trenton's most frequently cited loan duration was Other, with 109 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 42 $6,250,000 $148,810 $0 0.00%
    $100,000 or less 39 $2,555,000 $65,513 $0 0.00%
    $200k-400k 23 $6,345,000 $275,870 $0 0.00%
    $400k-600k 4 $1,810,000 $452,500 $0 0.00%
    $600k-1MM 1 $685,000 $685,000 $0 0.00%

    2023 saw Community Bank Of Trenton place emphasis on $100k-200k loans with 42 originations, totaling $6,250,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 22 $4,340,000 $197,273 $0 0.00%
    $150k-250k 16 $4,180,000 $261,250 $0 0.00%
    $75k-100k 12 $2,030,000 $169,167 $0 0.00%
    $50k-75k 11 $1,625,000 $147,727 $0 0.00%
    $250k+ 8 $1,390,000 $173,750 $0 0.00%
    $50k or less 7 $535,000 $76,429 $0 0.00%

    Community Bank Of Trenton lent most frequently to those with incomes in the $100k-150k range, with 22 originations. The second most popular income band? $150k-250k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 109 $17,645,000 $161,881 $0 0.00%

    Community Bank Of Trenton lent most frequently to those with DTI ratios of Exempt%, with 109 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 75 $13,905,000 $185,400 $0 0.00%
    Not applicable 33 $3,545,000 $107,424 $0 0.00%
    Not provided 1 $195,000 $195,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    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 origination
    93.58%

    Community Bank Of Trenton has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 109 $17,645,000 $161,881

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    109 $17,645,000 $161,881