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: Richmond, Lexington, London, Hilton Head Island, and Danville among others. We have data for 17 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
190Origination Dollar Volume (All Markets)
$49,920,000Top 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 |
|---|---|---|---|---|---|
| Richmond-Berea, KY (FHA|USDA|VA) | 47 | $12,715,000 | $270,532 | $0 | 0.00% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 41 | $10,935,000 | $266,707 | $0 | 0.00% |
| London, KY (FHA|USDA|VA) | 58 | $8,090,000 | $139,483 | $0 | 0.00% |
| Outside of Metro Areas | 16 | $4,910,000 | $306,875 | $0 | 0.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $3,405,000 | $3,405,000 | $0 | 0.00% |
| Danville, KY (FHA|USDA|VA) | 3 | $2,345,000 | $781,667 | $0 | 0.00% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $1,825,000 | $1,825,000 | $0 | 0.00% |
| Somerset, KY (FHA|USDA|VA) | 9 | $1,785,000 | $198,333 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $1,300,000 | $650,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $0 | 0.00% |
| Campbellsville, KY (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Maysville, 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 | 190 | $49,920,000 | $262,737 | $0 | 0.00% |
For 2022, Cumberland Valley National Bank & Trust Company's most frequently originated type of loan was Conventional, with 190 originations.
Loan Reason
For 2022, Cumberland Valley National Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 109 originations. The 2nd most popular reason was Refi, with 42 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 190 | $49,920,000 | $262,737 | $0 | 0.00% |
For 2022, Cumberland Valley National Bank & Trust Company's most frequently cited loan duration was Other, with 190 originations.
Loan Sizing
2022 saw Cumberland Valley National Bank & Trust Company place emphasis on $200k-400k loans with 55 originations, totaling $14,955,000 in origination value.
Applicant Income
Cumberland Valley National Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 35 originations. The second most popular income band? $50k or less, with 27 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 190 | $49,920,000 | $262,737 | $0 | 0.00% |
Cumberland Valley National Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 190 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.40%
Cumberland Valley National Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination94.74%
Cumberland Valley National Bank & Trust Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 190 | $49,920,000 | $262,737 |