Community National Bank & Trust Mortgage Rates, Fees & Info
Chanute, KSLEI: 549300MUMD1WPCSXT518
Tax ID: 48-1038713
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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.
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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
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,138Origination Dollar Volume (All Markets)
$139,900,000Community National Bank & Trust - 2023
Community National Bank & Trust is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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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% |
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.
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Product Mix
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
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
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
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
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
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
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
Approval Rates
Total approvals of all applications93.83%
Community National Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination83.83%
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 |