Central Bank & Trust Mortgage Rates, Fees & Info

Lander, WY

LEI: 549300RSNTKNOA7GNI77

Tax ID: 83-0128010

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Central Bank & Trust is a smaller bank specializing in Home Purchase loans. Central Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Riverton, Cheyenne, St. Cloud, and Laramie among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Central Bank & Trust 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.

    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.

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    Originations

    68

    Origination Dollar Volume (All Markets)

    $12,100,000

    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
    Riverton, WY (FHA|USDA|VA) 57 $10,755,000 $188,684 $0 0.00%
    CHEYENNE, WY (FHA|USDA|VA) 5 $695,000 $139,000 $0 0.00%
    Outside of Metro Areas 4 $390,000 $97,500 $0 0.00%
    ST. CLOUD, MN (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
    Laramie, WY (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
    Central Bank & Trust's top markets include Riverton, Cheyenne, St. Cloud, and Laramie among others.

    Their top states include:
  • Wyoming (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 48 $8,610,000 $179,375 $0 0.00%
    USDA 20 $3,490,000 $174,500 $0 0.00%

    For 2018, Central Bank & Trust's most frequently originated type of loan was Conventional, with 48 originations. Their 2nd most popular type was USDA, with 20 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 56 $9,670,000 $172,679 $0 0.00%
    Refi 9 $2,115,000 $235,000 $0 0.00%
    Cash Out Refi 2 $260,000 $130,000 $0 0.00%
    Home Improvement 1 $55,000 $55,000 $0 0.00%

    For 2018, Central Bank & Trust's most frequently cited loan purpose was Home Purchase, with 56 originations. The 2nd most popular reason was Refi, with 9 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 68 $12,100,000 $177,941 $0 0.00%

    For 2018, Central Bank & Trust's most frequently cited loan duration was Other, with 68 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 31 $4,765,000 $153,710 $0 0.00%
    $100,000 or less 23 $1,665,000 $72,391 $0 0.00%
    $200k-400k 9 $2,245,000 $249,444 $0 0.00%
    $600k-1MM 4 $2,870,000 $717,500 $0 0.00%
    $400k-600k 1 $555,000 $555,000 $0 0.00%

    2018 saw Central Bank & Trust place emphasis on $100k-200k loans with 31 originations, totaling $4,765,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 17 $2,645,000 $155,588 $0 0.00%
    $75k-100k 13 $2,395,000 $184,231 $0 0.00%
    $100k-150k 9 $1,045,000 $116,111 $0 0.00%
    $50k or less 7 $945,000 $135,000 $0 0.00%
    $150k-250k 5 $915,000 $183,000 $0 0.00%
    $250k+ 1 $725,000 $725,000 $0 0.00%

    Central Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 17 originations. The second most popular income band? $75k-100k, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 68 $12,100,000 $177,941 $0 0.00%

    Central Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 68 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 50 $8,390,000 $167,800 $0 0.00%
    Not applicable 16 $3,430,000 $214,375 $0 0.00%
    American Indian 2 $280,000 $140,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.59%

    Central Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.24%

    Central Bank & Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 68 $12,100,000 $177,941

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $685,000 $685,000
    Multifamily:Site-Built 3 $1,645,000 $548,333
    Single Family (1-4 Units):Manufactured 7 $635,000 $90,714
    Single Family (1-4 Units):Site-Built 57 $9,135,000 $160,263

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    CENTRAL BANC MORTGAGE CORPORATION Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%