Cumberland Valley National Bank & Trust Company Mortgage Rates, Fees & Info
East Bernstadt, KYLEI: 549300OULGV8ZW0JV320
Tax ID: 61-0262618
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Cumberland Valley National Bank & Trust Company is a smaller bank specializing in Home Purchase loans. Cumberland Valley National Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Lexington, Richmond, London, Somerset, and Myrtle Beach among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Cumberland Valley National Bank & Trust Company 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
117Origination Dollar Volume (All Markets)
$28,925,000Top 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 |
|---|---|---|---|---|---|
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 20 | $9,200,000 | $460,000 | $0 | 0.00% |
| Richmond-Berea, KY (FHA|USDA|VA) | 30 | $6,910,000 | $230,333 | $0 | 0.00% |
| London, KY (FHA|USDA|VA) | 40 | $6,070,000 | $151,750 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $1,890,000 | $315,000 | $0 | 0.00% |
| Somerset, KY (FHA|USDA|VA) | 8 | $1,450,000 | $181,250 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 4 | $540,000 | $135,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| Frankfort, KY (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Paducah, KY-IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 117 | $28,925,000 | $247,222 | $0 | 0.00% |
For 2024, Cumberland Valley National Bank & Trust Company's most frequently originated type of loan was Conventional, with 117 originations.
Loan Reason
For 2024, Cumberland Valley National Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 75 originations. The 2nd most popular reason was Refi, with 18 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 117 | $28,925,000 | $247,222 | $0 | 0.00% |
For 2024, Cumberland Valley National Bank & Trust Company's most frequently cited loan duration was Other, with 117 originations.
Loan Sizing
2024 saw Cumberland Valley National Bank & Trust Company place emphasis on $100k-200k loans with 39 originations, totaling $5,775,000 in origination value.
Applicant Income
Cumberland Valley National Bank & Trust Company lent most frequently to those with incomes in the $150k-250k range, with 16 originations. The second most popular income band? $75k-100k, with 12 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 117 | $28,925,000 | $247,222 | $0 | 0.00% |
Cumberland Valley National Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 117 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.73%
Cumberland Valley National Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination95.73%
Cumberland Valley National Bank & Trust Company has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 117 | $28,925,000 | $247,222 |