Cb&s Bank Mortgage Rates, Fees & Info
Russellville, ALLEI: 549300RTWPH3HXUWR160
Tax ID: 63-0041560
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Cb&s Bank is a smaller bank specializing in Home Purchase and Refi loans. Cb&s Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Huntsville, Crestview, Tuscaloosa, Nashville, and Florence among others. We have data for 42 markets. (Some data included below & more in-depth data is available with an active subscription.)Cb&s Bank 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. Cb&s Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 11/21/24 |
| 30 Year Conventional Purchase | 6.96% | 11/21/24 |
| 30 Year Conventional Refi | 7.34% | 11/21/24 |
| 30 Year Cash-out Refi | 6.67% | 11/21/24 |
| 30 Year FHA Purchase | 7.22% | 11/21/24 |
| 30 Year FHA Refi | 6.27% | 11/21/24 |
| 30 Year VA Purchase | 6.16% | 11/21/24 |
| 30 Year USDA Purchase | 6.71% | 11/21/24 |
| 15 Year Conventional Purchase | 6.87% | 11/21/24 |
| 15 Year Conventional Refi | 7.20% | 11/21/24 |
| 15 Year Cash-out Refi | 7.20% | 11/21/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Cb&s Bank Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Cb&s Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,015Origination Dollar Volume (All Markets)
$199,815,000Awards
CB&S Bank - 2022
CB&S Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
Work for CB&S Bank?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 363 | $36,315,000 | $100,041 | $2,604 | 5.82% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 135 | $31,025,000 | $229,815 | $4,519 | 5.28% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 6 | $18,280,000 | $3,046,667 | $11,929 | 4.87% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 20 | $17,820,000 | $891,000 | $3,814 | 4.45% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 21 | $13,285,000 | $632,619 | $5,192 | 4.65% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 67 | $13,285,000 | $198,284 | $2,421 | 5.32% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 39 | $11,895,000 | $305,000 | $6,320 | 4.82% |
| MONTGOMERY, AL (FHA|USDA|VA) | 61 | $11,015,000 | $180,574 | $2,770 | 5.30% |
| DECATUR, AL (FHA|USDA|VA) | 59 | $8,995,000 | $152,458 | $3,049 | 5.25% |
| Corinth, MS (FHA|USDA|VA) | 44 | $6,520,000 | $148,182 | $3,569 | 5.28% |
| Tupelo, MS (FHA|USDA|VA) | 42 | $4,700,000 | $111,905 | $2,036 | 5.36% |
| Lewisburg, TN (FHA|USDA|VA) | 24 | $3,210,000 | $133,750 | $2,967 | 5.45% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 10 | $3,160,000 | $316,000 | $2,367 | 5.03% |
| Albertville, AL (FHA|USDA|VA) | 11 | $2,595,000 | $235,909 | $4,479 | 5.92% |
| Clarksdale, MS (FHA|USDA|VA) | 22 | $2,380,000 | $108,182 | $2,619 | 5.07% |
| Starkville, MS (FHA|USDA|VA) | 14 | $1,890,000 | $135,000 | $3,569 | 4.59% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 2 | $1,500,000 | $750,000 | $5,680 | 4.86% |
| Cullman, AL (FHA|USDA|VA) | 4 | $1,310,000 | $327,500 | $3,467 | 5.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 5 | $1,175,000 | $235,000 | $5,696 | 4.13% |
| Greenville, MS (FHA|USDA|VA) | 14 | $990,000 | $70,714 | $2,054 | 6.82% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 4 | $900,000 | $225,000 | $0 | 4.42% |
| Alexander City, AL (FHA|USDA|VA) | 6 | $900,000 | $150,000 | $4,326 | 5.25% |
| Jasper, AL (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $3,644 | 4.97% |
| Greenwood, MS (FHA|USDA|VA) | 10 | $760,000 | $76,000 | $4,177 | 6.27% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $3,870 | 3.99% |
| JACKSON, TN (FHA|USDA|VA) | 5 | $645,000 | $129,000 | $4,627 | 5.72% |
| Oxford, MS (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 4.00% |
| Dyersburg, TN (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $2,600 | 4.44% |
| Grenada, MS (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $3,006 | 4.50% |
| Scottsboro, AL (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $2,399 | 5.04% |
| Lawrenceburg, TN (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $2,167 | 5.06% |
| Brookhaven, MS (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,250 | 5.03% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,495 | 6.63% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,768 | 3.75% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,621 | 3.63% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.13% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,492 | 4.88% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,648 | 4.75% |
| TULSA, OK (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
| Troy, AL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $1,894 | 6.38% |
| Indianola, MS (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against CB&S Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 24
Similarity Rank: 84
Similarity Rank: 343
Similarity Rank: 392
Similarity Rank: 555
Similarity Rank: 609
Similarity Rank: 672
Similarity Rank: 700
Similarity Rank: 736
Similarity Rank: 1110
Product Mix
For 2022, Cb&s Bank's most frequently originated type of loan was Conventional, with 632 originations. Their 2nd most popular type was HELOC, with 325 originations.
Loan Reason
For 2022, Cb&s Bank's most frequently cited loan purpose was Home Purchase, with 406 originations. The 2nd most popular reason was Refi, with 317 originations.
Loan Duration/Length
For 2022, Cb&s Bank's most frequently cited loan duration was Other, with 455 originations. The 2nd most popular length was 30 Year, with 332 originations.
Origination Fees/Closing Costs
Cb&s Bank's average total fees were $3,714, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 338 originations.
Interest Rates
During 2022, Cb&s Bank's average interest rate for loans was 5.03%, while their most frequently originated rate bucket for loans was 5-6%, with 188 originations.
Loan Sizing
2022 saw Cb&s Bank place emphasis on $100,000 or less loans with 484 originations, totaling $24,000,000 in origination value.
Applicant Income
Cb&s Bank lent most frequently to those with incomes in the $50k or less range, with 216 originations. The second most popular income band? $50k-75k, with 180 originations.
Applicant Debt to Income Ratio
Cb&s Bank lent most frequently to those with DTI ratios of Exempt%, with 325 originations. The next most common DTI ratio? 20-30%, with 148 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.85%
Cb&s Bank has an average approval rate.
Pick Rate
Approvals leading to origination78.72%
Cb&s Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 325 | $47,505,000 | $146,169 |
| NA | 690 | $152,310,000 | $220,739 |