Commercial Bank & Trust Co. Mortgage Rates, Fees & Info
Paris, TNLEI: 549300P3JUY6QMZ8DY86
Tax ID: 62-0167630
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Commercial Bank & Trust Co. is a smaller bank specializing in Home Purchase loans. Commercial Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: Memphis, Jackson, Paris, Union City, and Nashville among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)Commercial Bank & Trust Co. 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
386Origination Dollar Volume (All Markets)
$80,410,000Top 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 |
|---|---|---|---|---|---|
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 84 | $26,300,000 | $313,095 | $0 | 0.00% |
| JACKSON, TN (FHA|USDA|VA) | 107 | $21,925,000 | $204,907 | $0 | 0.00% |
| Paris, TN (FHA|USDA|VA) | 63 | $7,545,000 | $119,762 | $0 | 0.00% |
| Union City, TN (FHA|USDA|VA) | 70 | $7,490,000 | $107,000 | $0 | 0.00% |
| Outside of Metro Areas | 17 | $3,695,000 | $217,353 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 7 | $2,585,000 | $369,286 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $2,015,000 | $671,667 | $0 | 0.00% |
| Martin, TN (FHA|USDA|VA) | 11 | $1,865,000 | $169,545 | $0 | 0.00% |
| Brownsville, TN (FHA|USDA|VA) | 4 | $1,310,000 | $327,500 | $0 | 0.00% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 0.00% |
| Oxford, MS (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $0 | 0.00% |
| Dyersburg, TN (FHA|USDA|VA) | 5 | $645,000 | $129,000 | $0 | 0.00% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Murray, KY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 386 | $80,410,000 | $208,316 | $0 | 0.00% |
For 2024, Commercial Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 386 originations.
Loan Reason
For 2024, Commercial Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 147 originations. The 2nd most popular reason was Home Improvement, with 104 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 386 | $80,410,000 | $208,316 | $0 | 0.00% |
For 2024, Commercial Bank & Trust Co.'s most frequently cited loan duration was Other, with 386 originations.
Loan Sizing
2024 saw Commercial Bank & Trust Co. place emphasis on $100,000 or less loans with 165 originations, totaling $9,425,000 in origination value.
Applicant Income
Commercial Bank & Trust Co. lent most frequently to those with incomes in the $100k-150k range, with 79 originations. The second most popular income band? $150k-250k, with 70 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 386 | $80,410,000 | $208,316 | $0 | 0.00% |
Commercial Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 386 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.59%
Commercial Bank & Trust Co. has an average approval rate.
Pick Rate
Approvals leading to origination89.12%
Commercial Bank & Trust Co. has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 386 | $80,410,000 | $208,316 |