Bank Star Mortgage Rates, Fees & Info

Pacific, MO

LEI: 549300RUQL0X1TB8PM88

Tax ID: 43-1038014

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

    Bank Star is a smaller bank specializing in Home Purchase and Refi loans. Bank Star has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Fort Leonard Wood, and Mountain Home among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Bank Star 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

    60

    Origination Dollar Volume (All Markets)

    $9,260,000

    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
    ST. LOUIS, MO-IL (FHA|USDA|VA) 56 $8,670,000 $154,821 $0 0.00%
    Outside of Metro Areas 2 $290,000 $145,000 $0 0.00%
    Fort Leonard Wood, MO (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
    Mountain Home, AR (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Bank Star's top markets include St. Louis, Fort Leonard Wood, and Mountain Home among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 60 $9,260,000 $154,333 $0 0.00%

    For 2019, Bank Star's most frequently originated type of loan was Conventional, with 60 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 42 $5,580,000 $132,857 $0 0.00%
    Refi 17 $3,655,000 $215,000 $0 0.00%
    Other 1 $25,000 $25,000 $0 0.00%

    For 2019, Bank Star's most frequently cited loan purpose was Home Purchase, with 42 originations. The 2nd most popular reason was Refi, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 60 $9,260,000 $154,333 $0 0.00%

    For 2019, Bank Star's most frequently cited loan duration was Other, with 60 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 21 $1,355,000 $64,524 $0 0.00%
    $100k-200k 21 $2,815,000 $134,048 $0 0.00%
    $200k-400k 17 $4,595,000 $270,294 $0 0.00%
    $400k-600k 1 $495,000 $495,000 $0 0.00%

    2019 saw Bank Star place emphasis on $100,000 or less loans with 21 originations, totaling $1,355,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 12 $1,710,000 $142,500 $0 0.00%
    $50k-75k 8 $1,070,000 $133,750 $0 0.00%
    $100k-150k 7 $1,015,000 $145,000 $0 0.00%
    $150k-250k 4 $540,000 $135,000 $0 0.00%
    $250k+ 4 $1,070,000 $267,500 $0 0.00%
    $50k or less 1 $105,000 $105,000 $0 0.00%

    Bank Star lent most frequently to those with incomes in the $75k-100k range, with 12 originations. The second most popular income band? $50k-75k, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 60 $9,260,000 $154,333 $0 0.00%

    Bank Star lent most frequently to those with DTI ratios of Exempt%, with 60 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 29 $4,925,000 $169,828 $0 0.00%
    Not applicable 24 $3,750,000 $156,250 $0 0.00%
    Not provided 6 $470,000 $78,333 $0 0.00%
    Black 1 $115,000 $115,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.06%

    Bank Star has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.33%

    Bank Star has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 60 $9,260,000 $154,333

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 4 $820,000 $205,000
    Single Family (1-4 Units):Manufactured 1 $145,000 $145,000
    Single Family (1-4 Units):Site-Built 55 $8,295,000 $150,818

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    BANK OZK Conventional home mortgage Closing on a mortgage 1 50.0%
    BANK OZK Conventional home mortgage Trouble during payment process 1 50.0%