Lcnb National Bank Mortgage Rates, Fees & Info

Lebanon, OH

LEI: 549300Q55VW95EP3CM33

Tax ID: 31-0352330

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Lcnb National Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Lcnb National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Cincinnati, Columbus, Dayton, Chillicothe, and Wilmington among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Lcnb National Bank 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. Lcnb National Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.52% 11/17/24
    30 Year Conventional Refi 6.56% 11/17/24
    30 Year Cash-out Refi 6.62% 11/17/24
    15 Year Conventional Purchase 6.10% 11/17/24
    15 Year Conventional Refi 5.93% 11/17/24
    15 Year Cash-out Refi 5.93% 11/17/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Lcnb National Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Lcnb National Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    271

    Origination Dollar Volume (All Markets)

    $171,535,000

    Awards

    LCNB National Bank 30 Year Conventional Loans bronze
    Show all (1) awards

    Top 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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 146 $59,980,000 $410,822 $2,268 4.62%
    COLUMBUS, OH (FHA|USDA|VA) 24 $56,250,000 $2,343,750 $10,464 4.91%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 30 $47,160,000 $1,572,000 $2,617 4.48%
    Outside of Metro Areas 30 $3,330,000 $111,000 $2,203 4.61%
    Chillicothe, OH (FHA|USDA|VA) 23 $2,605,000 $113,261 $1,361 4.67%
    Wilmington, OH (FHA|USDA|VA) 7 $635,000 $90,714 $1,538 4.70%
    Washington Court House, OH (FHA|USDA|VA) 5 $595,000 $119,000 $2,635 4.93%
    SPRINGFIELD, OH (FHA|USDA|VA) 2 $570,000 $285,000 $2,592 4.13%
    Jackson, OH (FHA|USDA|VA) 1 $215,000 $215,000 $3,858 5.88%
    Sidney, OH (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.75%
    Greenville, OH (FHA|USDA|VA) 1 $65,000 $65,000 $2,432 4.00%
    Richmond, IN (FHA|USDA|VA) 1 $15,000 $15,000 $0 4.38%
    Lcnb National Bank's top markets include Cincinnati, Columbus, Dayton, Chillicothe, and Wilmington among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against LCNB National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    HOMELAND CREDIT UNION, INC.
    Similarity Rank: 49
    Sharefax Credit Union
    Similarity Rank: 170
    CINFED Federal Credit Union
    Similarity Rank: 210
    First Federal Savings and Loan Association
    Similarity Rank: 366
    The Community Bank
    Similarity Rank: 406
    Greenville Federal
    Similarity Rank: 420
    The North Side Bank & Trust Company
    Similarity Rank: 450
    Firefighters & Company FCU
    Similarity Rank: 480
    Eagle Savings Bank
    Similarity Rank: 546
    The Friendship State Bank
    Similarity Rank: 623

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 271 $171,535,000 $632,970 $2,429 4.64%

    For 2022, Lcnb National Bank's most frequently originated type of loan was Conventional, with 271 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 97 $105,465,000 $1,087,268 $4,384 4.87%
    Cash Out Refi 66 $36,310,000 $550,152 $2,740 4.05%
    Other 45 $5,295,000 $117,667 $648 4.81%
    Home Improvement 40 $5,330,000 $133,250 $486 4.92%
    Refi 23 $19,135,000 $831,957 $2,159 4.55%

    For 2022, Lcnb National Bank's most frequently cited loan purpose was Home Purchase, with 97 originations. The 2nd most popular reason was Cash Out Refi, with 66 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 87 $22,645,000 $260,287 $3,642 4.52%
    15 Year 66 $9,570,000 $145,000 $1,632 4.73%
    10 Year 55 $46,255,000 $841,000 $389 4.38%
    Other 26 $64,740,000 $2,490,000 $4,051 4.39%
    20 Year 23 $2,415,000 $105,000 $977 5.62%
    5 Year 9 $17,485,000 $1,942,778 $0 4.65%
    30+ year 4 $7,220,000 $1,805,000 $23,047 5.28%
    1 Year 1 $1,205,000 $1,205,000 $0 6.00%

    For 2022, Lcnb National Bank's most frequently cited loan duration was 30 Year, with 87 originations. The 2nd most popular length was 15 Year, with 66 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 206 $30,390,000 $147,524
    $1k-2k 8 $1,680,000 $210,000
    $4k-5k 4 $2,510,000 $627,500
    $5k+ 4 $8,100,000 $2,025,000
    $2k-3k 2 $700,000 $350,000

    Lcnb National Bank's average total fees were $3,642, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 206 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 88 $63,580,000 $722,500
    5-6% 77 $41,735,000 $542,013
    3-4% 66 $57,160,000 $866,061
    6-7% 22 $2,130,000 $96,818
    2.5-3% 12 $4,060,000 $338,333
    <2.5% 3 $445,000 $148,333
    7-8% 1 $25,000 $25,000
    Over 8% 1 $155,000 $155,000

    During 2022, Lcnb National Bank's average interest rate for loans was 4.52%, while their most frequently originated rate bucket for loans was 4-5%, with 88 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 107 $5,625,000 $52,570 $626 4.79%
    $100k-200k 71 $10,155,000 $143,028 $2,551 4.69%
    $200k-400k 46 $12,410,000 $269,783 $3,394 4.38%
    $1MM+ 22 $128,710,000 $5,850,455 $24,206 4.67%
    $400k-600k 15 $7,225,000 $481,667 $3,928 4.50%
    $600k-1MM 10 $7,410,000 $741,000 $7,505 4.10%

    2022 saw Lcnb National Bank place emphasis on $100,000 or less loans with 107 originations, totaling $5,625,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 58 $9,950,000 $171,552 $2,029 4.80%
    $50k-75k 44 $4,490,000 $102,045 $1,958 4.58%
    $75k-100k 42 $4,830,000 $115,000 $1,643 4.58%
    $50k or less 34 $3,020,000 $88,824 $1,958 4.50%
    $150k-250k 30 $6,470,000 $215,667 $2,022 4.69%
    $250k+ 21 $14,665,000 $698,333 $7,515 4.66%

    Lcnb National Bank lent most frequently to those with incomes in the $100k-150k range, with 58 originations. The second most popular income band? $50k-75k, with 44 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 63 $8,255,000 $131,032 $1,895 4.77%
    30-36% 48 $7,620,000 $158,750 $1,897 4.54%
    <20% 36 $4,870,000 $135,278 $1,732 4.46%
    36% 10 $3,560,000 $356,000 $4,052 4.60%
    42% 10 $2,360,000 $236,000 $2,899 5.11%
    41% 9 $835,000 $92,778 $1,726 4.96%
    40% 9 $1,875,000 $208,333 $2,492 4.64%
    37% 8 $1,260,000 $157,500 $2,047 4.09%
    38% 7 $895,000 $127,857 $1,867 4.96%
    43% 6 $2,910,000 $485,000 $3,996 4.85%
    39% 5 $745,000 $149,000 $1,373 4.88%
    44% 5 $975,000 $195,000 $3,546 4.05%
    45% 4 $1,080,000 $270,000 $7,175 4.69%
    46% 4 $850,000 $212,500 $2,547 3.81%
    50-60% 4 $4,940,000 $1,235,000 $15,302 4.34%
    >60% 2 $1,160,000 $580,000 $4,357 3.25%
    48% 2 $120,000 $60,000 $2,548 3.25%

    Lcnb National Bank lent most frequently to those with DTI ratios of 20-30%, with 63 originations. The next most common DTI ratio? 30-36%, with 48 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 35 $126,345,000 $3,609,857 $0 4.80%
    White 208 $32,510,000 $156,298 $2,026 4.61%
    Not provided 24 $12,200,000 $508,333 $6,545 4.59%
    Asian 1 $355,000 $355,000 $3,558 3.50%
    Black 2 $110,000 $55,000 $0 6.00%
    American Indian 1 $15,000 $15,000 $0 5.63%

    Approval Rates

    Total approvals of all applications
    90.09%

    Lcnb National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.04%

    Lcnb National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 271 $171,535,000 $632,970

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    271 $171,535,000 $632,970

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 49 $17,685,000 $360,918 $1,064 4.74%
    40-60% 46 $15,490,000 $336,739 $2,499 4.28%
    60-80% 78 $58,730,000 $752,949 $4,786 4.61%
    80-100% 38 $67,300,000 $1,771,053 $4,296 4.63%
    Over 100% 1 $435,000 $435,000 $4,800 3.50%
    Under 20% 59 $11,895,000 $201,610 $87 4.92%