Community National Bank & Trust Mortgage Rates, Fees & Info

Chanute, KS

LEI: 549300MUMD1WPCSXT518

Tax ID: 48-1038713

5 stars - Updated: 12/8/24 - out of 5 stars, based on 34 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Community National Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Community National Bank & Trust has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Wichita, Winfield, Warrensburg, Pittsburg, and Coffeyville among others. We have data for 31 markets. (Some data included below & more in-depth data is available with an active subscription.)

Community National Bank & Trust 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. Community National Bank & Trust is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 12/8/24
30 Year Conventional Purchase 6.86% 12/8/24
30 Year Conventional Refi 6.76% 12/8/24
30 Year Cash-out Refi 6.83% 12/8/24
30 Year FHA Purchase 6.27% 12/8/24
30 Year VA Purchase 6.45% 12/8/24
30 Year USDA Purchase 7.45% 12/8/24
15 Year Conventional Purchase 6.55% 12/8/24
15 Year Conventional Refi 6.16% 12/8/24
15 Year Cash-out Refi 6.16% 12/8/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Community National Bank & Trust Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Community National Bank & Trust. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

1,138

Origination Dollar Volume (All Markets)

$139,900,000
Show all (7) awards

Relative Rate

Community National Bank & Trust's average 30 year fixed mortgage rate was 7.22%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.74%.

Relative Fees (Closing Costs)

Community National Bank & Trust's average total fees/closing costs for a 30 year fixed rate mortgage were $2,993.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
Outside of Metro Areas 395 $40,785,000 $103,253 $1,929 7.79%
WICHITA, KS (FHA|USDA|VA) 254 $38,360,000 $151,024 $2,510 7.89%
Winfield, KS (FHA|USDA|VA) 93 $7,855,000 $84,462 $2,078 8.02%
Warrensburg, MO (FHA|USDA|VA) 28 $7,340,000 $262,143 $2,880 7.40%
Pittsburg, KS (FHA|USDA|VA) 70 $7,270,000 $103,857 $2,232 7.89%
Coffeyville, KS (FHA|USDA|VA) 92 $7,000,000 $76,087 $3,111 8.01%
KANSAS CITY, MO-KS (FHA|USDA|VA) 30 $5,780,000 $192,667 $3,755 7.93%
Emporia, KS (FHA|USDA|VA) 41 $5,335,000 $130,122 $2,468 8.34%
Ponca City, OK (FHA|USDA|VA) 54 $5,200,000 $96,296 $3,040 8.20%
JOPLIN, MO (FHA|USDA|VA) 16 $2,010,000 $125,625 $2,834 8.05%
MANHATTAN, KS (FHA|USDA|VA) 1 $1,875,000 $1,875,000 $0 5.95%
Sedalia, MO (FHA|USDA|VA) 10 $1,800,000 $180,000 $2,479 7.73%
Stillwater, OK (FHA|USDA|VA) 2 $1,510,000 $755,000 $0 7.25%
Parsons, KS (FHA|USDA|VA) 20 $1,410,000 $70,500 $2,722 7.74%
Gainesville, TX (FHA|USDA|VA) 1 $1,075,000 $1,075,000 $0 7.95%
TULSA, OK (FHA|USDA|VA) 4 $850,000 $212,500 $1,139 8.19%
Durant, OK (FHA|USDA|VA) 1 $605,000 $605,000 $4,244 8.50%
SPRINGFIELD, MO (FHA|USDA|VA) 4 $540,000 $135,000 $2,358 7.84%
Bartlesville, OK (FHA|USDA|VA) 3 $495,000 $165,000 $5,331 8.29%
Ottawa, KS (FHA|USDA|VA) 3 $485,000 $161,667 $325 7.68%
Hutchinson, KS (FHA|USDA|VA) 5 $375,000 $75,000 $1,058 7.67%
TOPEKA, KS (FHA|USDA|VA) 2 $370,000 $185,000 $3,177 7.06%
Quincy, IL-MO (FHA|USDA|VA) 1 $325,000 $325,000 $0 8.89%
FORT COLLINS, CO (FHA|USDA|VA) 1 $305,000 $305,000 $0 6.75%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $215,000 $215,000 $0 7.50%
McPherson, KS (FHA|USDA|VA) 1 $175,000 $175,000 $1,874 9.00%
Salina, KS (FHA|USDA|VA) 1 $175,000 $175,000 $6,144 6.38%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $155,000 $155,000 $0 8.65%
LAWRENCE, KS (FHA|USDA|VA) 1 $145,000 $145,000 $0 7.50%
Steamboat Springs, CO (FHA|USDA|VA) 1 $45,000 $45,000 $0 8.00%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $35,000 $35,000 $0 7.50%
Community National Bank & Trust's top markets include Wichita, Winfield, Warrensburg, Pittsburg, and Coffeyville among others.

Their top states include:
  • Kansas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Community National Bank & Trust based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    PANHANDLE FEDERAL CREDIT UNION
    Similarity Rank: 6
    ESB Financial
    Similarity Rank: 12
    HOME BANK AND TRUST COMPANY
    Similarity Rank: 60
    RCB Bank
    Similarity Rank: 81
    GOLDEN PLAINS
    Similarity Rank: 176
    Intrust Bank
    Similarity Rank: 315
    MID AMERICAN
    Similarity Rank: 341
    Emprise Bank
    Similarity Rank: 361
    Wichita Federal Credit Union
    Similarity Rank: 413
    MERITRUST Federal Credit Union
    Similarity Rank: 494

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 819 $107,735,000 $131,545 $1,999 7.66%
    HELOC 288 $27,150,000 $94,271 n/a 8.66%
    USDA 20 $2,290,000 $114,500 $5,274 6.87%
    VA 11 $2,725,000 $247,727 $8,307 6.60%

    For 2023, Community National Bank & Trust's most frequently originated type of loan was Conventional, with 819 originations. Their 2nd most popular type was HELOC, with 288 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 541 $84,175,000 $155,591 $3,000 7.62%
    Refi 274 $34,780,000 $126,934 $812 7.76%
    Home Improvement 150 $8,190,000 $54,600 $1,016 8.52%
    Other 94 $5,400,000 $57,447 $1,298 8.64%
    Cash Out Refi 79 $7,355,000 $93,101 $1,974 8.09%

    For 2023, Community National Bank & Trust's most frequently cited loan purpose was Home Purchase, with 541 originations. The 2nd most popular reason was Refi, with 274 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 284 $52,580,000 $185,141 $2,993 7.22%
    10 Year 227 $11,665,000 $51,388 $689 8.87%
    20 Year 184 $20,590,000 $111,902 $1,460 7.90%
    1 Year 151 $21,315,000 $141,159 $1,444 7.87%
    15 Year 120 $7,910,000 $65,917 $1,517 7.68%
    Other 95 $15,085,000 $158,789 $371 7.85%
    5 Year 55 $6,505,000 $118,273 $596 7.85%
    3 Year 22 $4,250,000 $193,182 $0 7.79%

    For 2023, Community National Bank & Trust's most frequently cited loan duration was 30 Year, with 284 originations. The 2nd most popular length was 10 Year, with 227 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 330 $40,810,000 $123,667
    $1k-2k 53 $8,455,000 $159,528
    $2k-3k 22 $4,490,000 $204,091
    $3k-4k 19 $3,675,000 $193,421
    $5k+ 9 $3,305,000 $367,222
    $4k-5k 3 $595,000 $198,333

    Community National Bank & Trust's average total fees were $2,993, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 330 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 469 $44,445,000 $94,765
    7-8% 392 $47,610,000 $121,454
    6-7% 249 $39,605,000 $159,056
    5-6% 24 $6,820,000 $284,167
    4-5% 4 $1,420,000 $355,000

    During 2023, Community National Bank & Trust's average interest rate for loans was 7.22%, while their most frequently originated rate bucket for loans was Over 8%, with 469 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 687 $32,655,000 $47,533 $1,470 8.15%
    $100k-200k 277 $39,215,000 $141,570 $2,666 7.53%
    $200k-400k 123 $32,555,000 $264,675 $3,431 7.53%
    $400k-600k 30 $14,030,000 $467,667 $4,476 7.09%
    $600k-1MM 13 $10,025,000 $771,154 $4,542 7.31%
    $1MM+ 8 $11,420,000 $1,427,500 $0 7.32%

    2023 saw Community National Bank & Trust place emphasis on $100,000 or less loans with 687 originations, totaling $32,655,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 203 $11,505,000 $56,675 $1,624 8.16%
    $100k-150k 184 $22,750,000 $123,641 $2,563 7.93%
    $50k-75k 167 $12,095,000 $72,425 $2,145 7.80%
    $75k-100k 156 $15,780,000 $101,154 $2,456 7.74%
    $150k-250k 116 $19,730,000 $170,086 $3,107 7.78%
    $250k+ 38 $9,990,000 $262,895 $2,730 7.81%

    Community National Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 203 originations. The second most popular income band? $100k-150k, with 184 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 183 $18,945,000 $103,525 $2,496 7.86%
    <20% 109 $7,305,000 $67,018 $1,774 8.04%
    30-36% 107 $13,445,000 $125,654 $2,436 7.65%
    >60% 32 $4,830,000 $150,938 $1,171 7.93%
    42% 30 $4,220,000 $140,667 $2,870 7.87%
    37% 26 $3,920,000 $150,769 $2,059 7.84%
    38% 18 $2,100,000 $116,667 $2,977 7.73%
    41% 16 $1,430,000 $89,375 $4,113 8.37%
    50-60% 15 $2,235,000 $149,000 $1,619 7.43%
    40% 13 $1,865,000 $143,462 $2,280 8.01%
    39% 13 $1,755,000 $135,000 $3,219 7.45%
    36% 12 $1,340,000 $111,667 $3,213 7.74%
    48% 7 $1,315,000 $187,857 $1,630 7.78%
    46% 7 $735,000 $105,000 $646 8.02%
    43% 7 $575,000 $82,143 $1,245 8.76%
    45% 6 $760,000 $126,667 $2,289 7.74%
    44% 6 $690,000 $115,000 $2,797 7.03%
    47% 5 $685,000 $137,000 $4,483 8.65%
    49% 3 $385,000 $128,333 $1,842 6.80%

    Community National Bank & Trust lent most frequently to those with DTI ratios of 20-30%, with 183 originations. The next most common DTI ratio? <20%, with 109 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 838 $89,890,000 $107,267 $2,158 7.88%
    Not applicable 216 $38,680,000 $179,074 $0 7.91%
    Not provided 50 $5,550,000 $111,000 $4,483 8.03%
    American Indian 20 $2,420,000 $121,000 $2,468 7.75%
    Asian 8 $2,350,000 $293,750 $4,517 7.85%
    Black 6 $1,010,000 $168,333 $3,109 7.98%

    Approval Rates

    Total approvals of all applications
    93.83%

    Community National Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.83%

    Community National Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    104.0 1 $15,000 $15,000
    114.0 7 $345,000 $49,286
    139.0 1 $35,000 $35,000
    NA 1,129 $139,505,000 $123,565

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,138 $139,900,000 $122,935

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 208 $15,080,000 $72,500 $1,271 8.24%
    40-60% 191 $24,535,000 $128,455 $1,634 7.88%
    60-80% 376 $63,590,000 $169,122 $2,461 7.71%
    80-100% 188 $27,620,000 $146,915 $3,604 7.41%
    Over 100% 2 $410,000 $205,000 $5,467 7.85%
    Under 20% 173 $8,665,000 $50,087 $642 8.39%