Pony Express Bank Mortgage Rates, Fees & Info
Liberty, MOLEI: 549300MUCXO2NIUSBW51
Tax ID: 44-0180005
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Pony Express Bank is a smaller bank specializing in Home Purchase and Refi loans. Pony Express Bank has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, Napa, St. George, Pensacola, and Naples among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Pony Express Bank 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
63Origination Dollar Volume (All Markets)
$21,135,000Top 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 |
|---|---|---|---|---|---|
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 53 | $16,595,000 | $313,113 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $1,810,000 | $452,500 | $0 | 0.00% |
| NAPA, CA (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $0 | 0.00% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $0 | 0.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 63 | $21,135,000 | $335,476 | $0 | 0.00% |
For 2022, Pony Express Bank's most frequently originated type of loan was Conventional, with 63 originations.
Loan Reason
For 2022, Pony Express Bank's most frequently cited loan purpose was Home Purchase, with 42 originations. The 2nd most popular reason was Cash Out Refi, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 63 | $21,135,000 | $335,476 | $0 | 0.00% |
For 2022, Pony Express Bank's most frequently cited loan duration was Other, with 63 originations.
Loan Sizing
2022 saw Pony Express Bank place emphasis on $100k-200k loans with 18 originations, totaling $2,560,000 in origination value.
Applicant Income
Pony Express Bank lent most frequently to those with incomes in the $250k+ range, with 22 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% | 63 | $21,135,000 | $335,476 | $0 | 0.00% |
Pony Express Bank lent most frequently to those with DTI ratios of Exempt%, with 63 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.37%
Pony Express Bank has an average approval rate.
Pick Rate
Approvals leading to origination93.65%
Pony Express Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 63 | $21,135,000 | $335,476 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| PNC Bank N.A. | Conventional home mortgage | Closing on a mortgage | 1 | 33.3% |
| PNC Bank N.A. | Conventional home mortgage | Incorrect information on your report | 1 | 33.3% |
| PNC Bank N.A. | FHA mortgage | Incorrect information on your report | 1 | 33.3% |