Commercial Bank & Trust Co. Mortgage Rates, Fees & Info
Paris, TNLEI: 549300P3JUY6QMZ8DY86
Tax ID: 62-0167630
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Commercial Bank & Trust Co. is a smaller bank specializing in Home Purchase and Refi loans. Commercial Bank & Trust Co. has a high proportion of conventional loans. They have a low ratio of USDA 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 above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
555Origination Dollar Volume (All Markets)
$113,235,000Top 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) | 156 | $48,630,000 | $311,731 | $0 | 0.00% |
| JACKSON, TN (FHA|USDA|VA) | 152 | $27,750,000 | $182,566 | $0 | 0.00% |
| Paris, TN (FHA|USDA|VA) | 114 | $12,650,000 | $110,965 | $0 | 0.00% |
| Union City, TN (FHA|USDA|VA) | 68 | $7,290,000 | $107,206 | $0 | 0.00% |
| Outside of Metro Areas | 22 | $5,270,000 | $239,545 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 10 | $4,640,000 | $464,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $1,495,000 | $498,333 | $0 | 0.00% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $0 | 0.00% |
| Martin, TN (FHA|USDA|VA) | 9 | $975,000 | $108,333 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $0 | 0.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| Starkville, MS (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| Brownsville, TN (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $0 | 0.00% |
| Dyersburg, TN (FHA|USDA|VA) | 5 | $295,000 | $59,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Murray, KY (FHA|USDA|VA) | 3 | $225,000 | $75,000 | $0 | 0.00% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Cleveland, MS (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Mayfield, KY (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 551 | $112,775,000 | $204,673 | $0 | 0.00% |
| USDA | 4 | $460,000 | $115,000 | $0 | 0.00% |
For 2022, Commercial Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 551 originations. Their 2nd most popular type was USDA, with 4 originations.
Loan Reason
For 2022, Commercial Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 230 originations. The 2nd most popular reason was Home Improvement, with 131 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 555 | $113,235,000 | $204,027 | $0 | 0.00% |
For 2022, Commercial Bank & Trust Co.'s most frequently cited loan duration was Other, with 555 originations.
Loan Sizing
2022 saw Commercial Bank & Trust Co. place emphasis on $100,000 or less loans with 246 originations, totaling $13,580,000 in origination value.
Applicant Income
Commercial Bank & Trust Co. lent most frequently to those with incomes in the $250k+ range, with 102 originations. The second most popular income band? $150k-250k, with 96 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 555 | $113,235,000 | $204,027 | $0 | 0.00% |
Commercial Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 555 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.53%
Commercial Bank & Trust Co. has an average approval rate.
Pick Rate
Approvals leading to origination91.35%
Commercial Bank & Trust Co. has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 555 | $113,235,000 | $204,027 |