The Paducah Bank And Trust Company Mortgage Rates, Fees & Info

Paducah, KY

LEI: 549300QCJE0X5P8H4Z85

Tax ID: 61-0418959

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

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  • 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

    The Paducah Bank And Trust Company is a smaller bank specializing in Home Purchase and Refi loans. The Paducah Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Paducah, Louisville, Carbondale, Nashville, and Mayfield among others. We have data for 27 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Paducah Bank And Trust Company has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. The Paducah Bank And Trust Company 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.90% 4/14/24
    30 Year Conventional Refi 6.83% 4/14/24
    30 Year Cash-out Refi 6.86% 4/14/24
    30 Year VA Purchase 6.27% 4/14/24
    15 Year Conventional Purchase 6.44% 4/14/24
    15 Year Conventional Refi 6.40% 4/14/24
    15 Year Cash-out Refi 6.40% 4/14/24
    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.

    The Paducah Bank And Trust Company Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from The Paducah Bank And Trust Company. 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

    374

    Origination Dollar Volume (All Markets)

    $82,590,000

    Awards

    The Paducah Bank and Trust Company 30 Year Conventional Loans bronze The Paducah Bank and Trust Company 30 Year Conventional Loans bronze The Paducah Bank and Trust Company 30 Year Conventional Loans gold
    Show all (3) 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
    Paducah, KY-IL (FHA|USDA|VA) 266 $52,500,000 $197,368 $2,648 3.51%
    LOUISVILLE, KY (FHA|USDA|VA) 23 $6,705,000 $291,522 $2,943 3.06%
    Outside of Metro Areas 25 $5,325,000 $213,000 $2,582 3.86%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 3 $3,865,000 $1,288,333 $0 3.75%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 8 $2,960,000 $370,000 $3,433 2.70%
    Mayfield, KY (FHA|USDA|VA) 18 $2,540,000 $141,111 $2,370 3.82%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 2 $1,660,000 $830,000 $3,237 3.69%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $960,000 $480,000 $5,517 3.11%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $675,000 $225,000 $2,867 4.31%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 3 $675,000 $225,000 $3,167 3.60%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $570,000 $285,000 $3,484 2.69%
    Murray, KY (FHA|USDA|VA) 2 $570,000 $285,000 $3,038 3.38%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $440,000 $220,000 $4,751 3.44%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $435,000 $435,000 $5,452 2.75%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $400,000 $200,000 $4,534 3.56%
    RICHMOND, VA (FHA|USDA|VA) 1 $385,000 $385,000 $3,206 2.63%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $365,000 $365,000 $0 3.99%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $285,000 $285,000 $3,740 3.88%
    Albertville, AL (FHA|USDA|VA) 1 $245,000 $245,000 $3,775 2.88%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $235,000 $235,000 $0 4.25%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $155,000 $155,000 $3,014 2.50%
    COLUMBUS, OH (FHA|USDA|VA) 1 $155,000 $155,000 $2,809 2.88%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $125,000 $125,000 $3,013 2.50%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $115,000 $115,000 $2,868 4.94%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $115,000 $115,000 $3,325 2.63%
    Madisonville, KY (FHA|USDA|VA) 1 $75,000 $75,000 $4,357 3.63%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.49%
    The Paducah Bank And Trust Company's top markets include Paducah, Louisville, Carbondale, Nashville, and Mayfield among others.

    Their top states include:
  • Kentucky (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)

    • Similar Lenders

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

    Community Mortgage Banc Corporation
    Similarity Rank: 280
    COMMONWEALTH
    Similarity Rank: 575
    GERSHMAN INVESTMENT CORP.
    Similarity Rank: 670
    INDIANA MEMBERS CREDIT UNION
    Similarity Rank: 810
    Guardian Savings Bank, A Federal Savings Bank
    Similarity Rank: 1035
    Central Bank
    Similarity Rank: 1044
    First Harrison Bank
    Similarity Rank: 1083
    TRANSCEND
    Similarity Rank: 1170
    Abound Federal Credit Union
    Similarity Rank: 1568
    Forcht Bank
    Similarity Rank: 1694

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 374 $82,590,000 $220,829 $2,743 3.50%

    For 2021, The Paducah Bank And Trust Company's most frequently originated type of loan was Conventional, with 374 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 165 $37,635,000 $228,091 $2,961 3.59%
    Refi 137 $29,435,000 $214,854 $2,529 3.44%
    Cash Out Refi 62 $13,350,000 $215,323 $2,878 3.11%
    Other 7 $315,000 $45,000 $1,101 5.82%
    Home Improvement 3 $1,855,000 $618,333 $0 4.50%

    For 2021, The Paducah Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 165 originations. The 2nd most popular reason was Refi, with 137 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 198 $38,850,000 $196,212 $2,854 3.38%
    15 Year 62 $13,810,000 $222,742 $2,821 2.86%
    20 Year 47 $17,035,000 $362,447 $2,955 3.41%
    10 Year 28 $8,240,000 $294,286 $2,288 4.21%
    5 Year 26 $1,780,000 $68,462 $881 5.07%
    Other 11 $2,505,000 $227,727 $2,195 4.04%
    3 Year 2 $370,000 $185,000 $1,588 4.94%

    For 2021, The Paducah Bank And Trust Company's most frequently cited loan duration was 30 Year, with 198 originations. The 2nd most popular length was 15 Year, with 62 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 261 $60,285,000 $230,977
    $<1k 55 $5,705,000 $103,727
    $2k-3k 6 $1,280,000 $213,333
    $3k-4k 2 $270,000 $135,000
    $4k-5k 1 $315,000 $315,000

    The Paducah Bank And Trust Company's average total fees were $2,854, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 261 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 131 $34,935,000 $266,679
    2.5-3% 106 $25,180,000 $237,547
    4-5% 60 $10,300,000 $171,667
    <2.5% 43 $9,445,000 $219,651
    5-6% 26 $2,390,000 $91,923
    6-7% 6 $280,000 $46,667
    7-8% 2 $60,000 $30,000

    During 2021, The Paducah Bank And Trust Company's average interest rate for loans was 3.38%, while their most frequently originated rate bucket for loans was 3-4%, with 131 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 132 $19,050,000 $144,318 $2,668 3.13%
    $200k-400k 105 $28,745,000 $273,762 $3,136 3.16%
    $100,000 or less 87 $5,155,000 $59,253 $1,937 4.53%
    $400k-600k 39 $19,175,000 $491,667 $3,377 3.29%
    $600k-1MM 9 $6,855,000 $761,667 $3,656 3.89%
    $1MM+ 2 $3,610,000 $1,805,000 $0 4.00%

    2021 saw The Paducah Bank And Trust Company place emphasis on $100k-200k loans with 132 originations, totaling $19,050,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 74 $17,830,000 $240,946 $2,860 3.17%
    $50k or less 68 $7,000,000 $102,941 $2,344 3.94%
    $50k-75k 61 $8,915,000 $146,148 $2,648 3.52%
    $75k-100k 50 $8,450,000 $169,000 $2,618 3.39%
    $150k-250k 48 $12,920,000 $269,167 $3,104 3.34%
    $250k+ 27 $11,285,000 $417,963 $3,266 3.18%

    The Paducah Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 74 originations. The second most popular income band? $50k or less, with 68 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 107 $21,855,000 $204,252 $2,772 3.21%
    30-36% 64 $12,110,000 $189,219 $2,551 3.70%
    <20% 58 $11,660,000 $201,034 $2,823 3.28%
    38% 22 $4,570,000 $207,727 $2,698 3.62%
    39% 15 $2,985,000 $199,000 $2,848 3.33%
    37% 14 $3,280,000 $234,286 $2,750 4.02%
    44% 7 $1,485,000 $212,143 $2,672 3.63%
    40% 7 $1,475,000 $210,714 $3,154 3.39%
    41% 6 $1,280,000 $213,333 $2,862 3.15%
    46% 6 $1,130,000 $188,333 $2,944 3.48%
    42% 5 $1,155,000 $231,000 $2,776 3.13%
    45% 5 $825,000 $165,000 $2,861 3.64%
    48% 5 $875,000 $175,000 $3,049 3.40%
    36% 4 $780,000 $195,000 $2,842 4.19%
    47% 4 $910,000 $227,500 $3,060 3.06%
    43% 3 $515,000 $171,667 $2,900 3.43%
    50-60% 3 $925,000 $308,333 $2,366 4.32%
    >60% 1 $455,000 $455,000 $836 5.39%
    49% 1 $135,000 $135,000 $2,746 2.50%

    The Paducah Bank And Trust Company lent most frequently to those with DTI ratios of 20-30%, with 107 originations. The next most common DTI ratio? 30-36%, with 64 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 327 $65,815,000 $201,269 $2,725 3.44%
    Not applicable 34 $13,600,000 $400,000 $0 4.12%
    Black 4 $1,280,000 $320,000 $4,104 3.31%
    Not provided 7 $1,095,000 $156,429 $2,599 3.57%
    Asian 1 $525,000 $525,000 $0 3.50%
    American Indian 1 $275,000 $275,000 $3,639 3.63%

    Approval Rates

    Total approvals of all applications
    95.74%

    The Paducah Bank And Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    80.75%

    The Paducah Bank And Trust Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    140.0 1 $15,000 $15,000
    247.0 1 $65,000 $65,000
    297.5 2 $90,000 $45,000
    319.5 1 $25,000 $25,000
    NA 369 $82,395,000 $223,293

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    374 $82,590,000 $220,829

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 19 $4,385,000 $230,789 $2,794 3.11%
    40-60% 63 $11,605,000 $184,206 $2,608 3.37%
    60-80% 141 $33,405,000 $236,915 $2,657 3.41%
    80-100% 143 $31,435,000 $219,825 $2,947 3.61%
    Under 20% 8 $1,760,000 $220,000 $1,036 5.28%