Community Bank Of Parkersburg Mortgage Rates, Fees & Info
Parkersburg, WVLEI: 549300RMW817W08PUN16
Tax ID: 55-0148620
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Community Bank Of Parkersburg is a smaller bank specializing in Home Purchase and Refi loans. Community Bank Of Parkersburg has a high proportion of conventional loans. Their top markets by origination volume include: Parkersburg, Marietta, Cleveland, Virginia Beach, and Naples among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)Community Bank Of Parkersburg 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.
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
221Origination Dollar Volume (All Markets)
$44,885,000Top 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 |
|---|---|---|---|---|---|
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 157 | $30,635,000 | $195,127 | $0 | 0.00% |
| Marietta, OH (FHA|USDA|VA) | 30 | $5,280,000 | $176,000 | $0 | 0.00% |
| Outside of Metro Areas | 21 | $4,225,000 | $201,190 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $1,465,000 | $1,465,000 | $0 | 0.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $925,000 | $925,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $0 | 0.00% |
| Athens, OH (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $0 | 0.00% |
| CHARLESTON, WV (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $0 | 0.00% |
| Elkins, WV (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Community Bank of Parkersburg based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 404
Similarity Rank: 520
Similarity Rank: 984
Similarity Rank: 4380
Similarity Rank: 4630
Similarity Rank: 5004
Similarity Rank: 6010
Similarity Rank: 7360
Similarity Rank: 8790
Similarity Rank: 15422
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 221 | $44,885,000 | $203,100 | $0 | 0.00% |
For 2022, Community Bank Of Parkersburg's most frequently originated type of loan was Conventional, with 221 originations.
Loan Reason
For 2022, Community Bank Of Parkersburg's most frequently cited loan purpose was Home Purchase, with 121 originations. The 2nd most popular reason was Refi, with 66 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 221 | $44,885,000 | $203,100 | $0 | 0.00% |
For 2022, Community Bank Of Parkersburg's most frequently cited loan duration was Other, with 221 originations.
Loan Sizing
2022 saw Community Bank Of Parkersburg place emphasis on $100k-200k loans with 86 originations, totaling $12,140,000 in origination value.
Applicant Income
Community Bank Of Parkersburg lent most frequently to those with incomes in the $50k-75k range, with 45 originations. The second most popular income band? $100k-150k, with 42 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 221 | $44,885,000 | $203,100 | $0 | 0.00% |
Community Bank Of Parkersburg lent most frequently to those with DTI ratios of Exempt%, with 221 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.76%
Community Bank Of Parkersburg has an average approval rate.
Pick Rate
Approvals leading to origination66.97%
Community Bank Of Parkersburg has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 221 | $44,885,000 | $203,100 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC) | FHA mortgage | Struggling to pay mortgage | 2 | 66.7% |
| Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC) | Other type of mortgage | Trouble during payment process | 1 | 33.3% |