Cumberland Valley National Bank & Trust Company Mortgage Rates, Fees & Info
East Bernstadt, KYLEI: 549300OULGV8ZW0JV320
Tax ID: 61-0262618
Latest/2023 | 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 and Refi loans. Cumberland Valley National Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Lexington, London, Richmond, Somerset, and Louisville among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Cumberland Valley National Bank & Trust Company has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
132Origination Dollar Volume (All Markets)
$34,360,000Top 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) | 27 | $8,855,000 | $327,963 | $0 | 0.00% |
| London, KY (FHA|USDA|VA) | 39 | $8,525,000 | $218,590 | $0 | 0.00% |
| Richmond-Berea, KY (FHA|USDA|VA) | 27 | $5,135,000 | $190,185 | $0 | 0.00% |
| Outside of Metro Areas | 11 | $3,745,000 | $340,455 | $0 | 0.00% |
| Somerset, KY (FHA|USDA|VA) | 10 | $3,270,000 | $327,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 10 | $1,710,000 | $171,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $1,685,000 | $1,685,000 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $0 | 0.00% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Glasgow, KY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Frankfort, KY (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 132 | $34,360,000 | $260,303 | $0 | 0.00% |
For 2023, Cumberland Valley National Bank & Trust Company's most frequently originated type of loan was Conventional, with 132 originations.
Loan Reason
For 2023, Cumberland Valley National Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 87 originations. The 2nd most popular reason was Refi, with 25 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 132 | $34,360,000 | $260,303 | $0 | 0.00% |
For 2023, Cumberland Valley National Bank & Trust Company's most frequently cited loan duration was Other, with 132 originations.
Loan Sizing
2023 saw Cumberland Valley National Bank & Trust Company place emphasis on $100k-200k loans with 59 originations, totaling $8,895,000 in origination value.
Applicant Income
Cumberland Valley National Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 18 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% | 132 | $34,360,000 | $260,303 | $0 | 0.00% |
Cumberland Valley National Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 132 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.06%
Cumberland Valley National Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination88.64%
Cumberland Valley National Bank & Trust Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 132 | $34,360,000 | $260,303 |