Carroll Bank And Trust Mortgage Rates, Fees & Info
Huntingdon, TNLEI: 549300RN1POVRDD21477
Tax ID: 62-0123520
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Carroll Bank And Trust is a smaller bank specializing in Cash Out Refi, Home Purchase, and Refi loans. Carroll Bank And Trust has a high proportion of conventional loans. Their top markets by origination volume include: Paris, Jackson, Martin, Clarksville, and Union City among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Carroll Bank And Trust 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.
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Originations
399Origination Dollar Volume (All Markets)
$46,015,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 233 | $24,365,000 | $104,571 | $0 | 0.00% |
| Paris, TN (FHA|USDA|VA) | 88 | $12,530,000 | $142,386 | $0 | 0.00% |
| JACKSON, TN (FHA|USDA|VA) | 51 | $5,375,000 | $105,392 | $0 | 0.00% |
| Martin, TN (FHA|USDA|VA) | 17 | $2,355,000 | $138,529 | $0 | 0.00% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $0 | 0.00% |
| Union City, TN (FHA|USDA|VA) | 4 | $270,000 | $67,500 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Brownsville, TN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Murray, KY (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 | 399 | $46,015,000 | $115,326 | $0 | 0.00% |
For 2024, Carroll Bank And Trust's most frequently originated type of loan was Conventional, with 399 originations.
Loan Reason
For 2024, Carroll Bank And Trust's most frequently cited loan purpose was Cash Out Refi, with 133 originations. The 2nd most popular reason was Home Purchase, with 125 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 399 | $46,015,000 | $115,326 | $0 | 0.00% |
For 2024, Carroll Bank And Trust's most frequently cited loan duration was Other, with 399 originations.
Loan Sizing
2024 saw Carroll Bank And Trust place emphasis on $100,000 or less loans with 237 originations, totaling $12,465,000 in origination value.
Applicant Income
Carroll Bank And Trust lent most frequently to those with incomes in the $50k-75k range, with 85 originations. The second most popular income band? $100k-150k, with 83 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 399 | $46,015,000 | $115,326 | $0 | 0.00% |
Carroll Bank And Trust lent most frequently to those with DTI ratios of Exempt%, with 399 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.36%
Carroll Bank And Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination94.99%
Carroll Bank And Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 399 | $46,015,000 | $115,326 |