Central National Bank Mortgage Rates, Fees & Info
Waco, TXLEI: 549300QJOGSPJ8EAX798
Tax ID: 74-1892270
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Mortgage Data
Review & Overview
Central National Bank is a smaller bank specializing in Home Purchase loans. Central National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Killeen, Waco, Austin, Dallas, and Denver among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)Central National Bank 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.
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Originations
352Origination Dollar Volume (All Markets)
$134,820,000Top 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 |
|---|---|---|---|---|---|
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 123 | $43,535,000 | $353,943 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 152 | $40,220,000 | $264,605 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 30 | $27,340,000 | $911,333 | $0 | 0.00% |
| Outside of Metro Areas | 15 | $9,635,000 | $642,333 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 9 | $5,025,000 | $558,333 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $2,125,000 | $2,125,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $955,000 | $955,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 6 | $760,000 | $126,667 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $0 | 0.00% |
| Key West, FL (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 0.00% |
| ABILENE, TX (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 349 | $133,625,000 | $382,880 | $0 | 0.00% |
| VA | 3 | $1,195,000 | $398,333 | $0 | 0.00% |
For 2022, Central National Bank's most frequently originated type of loan was Conventional, with 349 originations. Their 2nd most popular type was VA, with 3 originations.
Loan Reason
For 2022, Central National Bank's most frequently cited loan purpose was Home Purchase, with 273 originations. The 2nd most popular reason was Refi, with 38 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 352 | $134,820,000 | $383,011 | $0 | 0.00% |
For 2022, Central National Bank's most frequently cited loan duration was Other, with 352 originations.
Loan Sizing
2022 saw Central National Bank place emphasis on $200k-400k loans with 112 originations, totaling $30,240,000 in origination value.
Applicant Income
Central National Bank lent most frequently to those with incomes in the $250k+ range, with 67 originations. The second most popular income band? $100k-150k, with 54 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 352 | $134,820,000 | $383,011 | $0 | 0.00% |
Central National Bank lent most frequently to those with DTI ratios of Exempt%, with 352 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.00%
Central National Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination88.64%
Central National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 352 | $134,820,000 | $383,011 |