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

Jump to:

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, Laramie, Hutchinson, and Cheyenne 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.

    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

    66

    Origination Dollar Volume (All Markets)

    $12,200,000

    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) 53 $8,905,000 $168,019 $0 0.00%
    Laramie, WY (FHA|USDA|VA) 2 $1,210,000 $605,000 $0 0.00%
    Outside of Metro Areas 7 $1,195,000 $170,714 $0 0.00%
    Hutchinson, MN (FHA|USDA|VA) 1 $545,000 $545,000 $0 0.00%
    CHEYENNE, WY (FHA|USDA|VA) 3 $345,000 $115,000 $0 0.00%
    Central Bank & Trust's top markets include Riverton, Laramie, Hutchinson, and Cheyenne 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 45 $8,765,000 $194,778 $0 0.00%
    USDA 21 $3,435,000 $163,571 $0 0.00%

    For 2019, Central Bank & Trust's most frequently originated type of loan was Conventional, with 45 originations. Their 2nd most popular type was USDA, with 21 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 53 $10,175,000 $191,981 $0 0.00%
    Refi 13 $2,025,000 $155,769 $0 0.00%

    For 2019, Central Bank & Trust's most frequently cited loan purpose was Home Purchase, with 53 originations. The 2nd most popular reason was Refi, with 13 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 66 $12,200,000 $184,848 $0 0.00%

    For 2019, Central Bank & Trust's most frequently cited loan duration was Other, with 66 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 34 $5,310,000 $156,176 $0 0.00%
    $100,000 or less 14 $800,000 $57,143 $0 0.00%
    $200k-400k 14 $3,540,000 $252,857 $0 0.00%
    $400k-600k 3 $1,535,000 $511,667 $0 0.00%
    $1MM+ 1 $1,015,000 $1,015,000 $0 0.00%

    2019 saw Central Bank & Trust place emphasis on $100k-200k loans with 34 originations, totaling $5,310,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 18 $2,010,000 $111,667 $0 0.00%
    $50k-75k 16 $2,410,000 $150,625 $0 0.00%
    $75k-100k 11 $2,205,000 $200,455 $0 0.00%
    $100k-150k 7 $1,925,000 $275,000 $0 0.00%
    $250k+ 7 $1,935,000 $276,429 $0 0.00%
    $150k-250k 2 $480,000 $240,000 $0 0.00%

    Central Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 18 originations. The second most popular income band? $50k-75k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 66 $12,200,000 $184,848 $0 0.00%

    Central Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 66 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 60 $10,800,000 $180,000 $0 0.00%
    Not applicable 5 $1,235,000 $247,000 $0 0.00%
    American Indian 1 $165,000 $165,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.32%

    Central Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    74.24%

    Central Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 66 $12,200,000 $184,848

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $175,000 $175,000
    Single Family (1-4 Units):Manufactured 10 $960,000 $96,000
    Single Family (1-4 Units):Site-Built 55 $11,065,000 $201,182

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    CENTERSTATE BANK CORPORATION Conventional home mortgage Trouble during payment process 1 50.0%
    CENTERSTATE BANK CORPORATION VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%