Montgomery Bank Mortgage Rates, Fees & InfoSikeston, MO
Tax ID: 43-0169840
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewMontgomery Bank is a smaller bank specializing in Home Purchase loans. Montgomery Bank has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Cape Girardeau, Sikeston, Glenwood Springs, and Nashville among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)
Montgomery Bank 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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Origination Dollar Volume (All Markets)$65,435,000
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)||151||$31,885,000||$211,159||$0||0.00%|
|CAPE GIRARDEAU, MO-IL (FHA|USDA|VA)||122||$18,700,000||$153,279||$0||0.00%|
|Sikeston, MO (FHA|USDA|VA)||50||$4,730,000||$94,600||$0||0.00%|
|Outside of Metro Areas||16||$2,220,000||$138,750||$0||0.00%|
|Glenwood Springs, CO (FHA|USDA|VA)||1||$1,975,000||$1,975,000||$0||0.00%|
|NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA)||2||$1,020,000||$510,000||$0||0.00%|
|Kill Devil Hills, NC (FHA|USDA|VA)||1||$955,000||$955,000||$0||0.00%|
|Edwards, CO (FHA|USDA|VA)||1||$745,000||$745,000||$0||0.00%|
|Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA)||1||$625,000||$625,000||$0||0.00%|
|MEMPHIS, TN-MS-AR (FHA|USDA|VA)||2||$500,000||$250,000||$0||0.00%|
|Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA)||1||$445,000||$445,000||$0||0.00%|
|JEFFERSON CITY, MO (FHA|USDA|VA)||3||$375,000||$125,000||$0||0.00%|
|Lebanon, NH-VT (FHA|USDA|VA)||1||$305,000||$305,000||$0||0.00%|
|JACKSONVILLE, FL (FHA|USDA|VA)||1||$275,000||$275,000||$0||0.00%|
|CARBONDALE-MARION, IL (FHA|USDA|VA)||1||$245,000||$245,000||$0||0.00%|
|COLUMBIA, MO (FHA|USDA|VA)||1||$185,000||$185,000||$0||0.00%|
|ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA)||1||$145,000||$145,000||$0||0.00%|
|DECATUR, IL (FHA|USDA|VA)||1||$105,000||$105,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Montgomery Bank's most frequently originated type of loan was Conventional, with 357 originations.
For 2022, Montgomery Bank's most frequently cited loan purpose was Home Purchase, with 157 originations. The 2nd most popular reason was Home Improvement, with 73 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Montgomery Bank's most frequently cited loan duration was Other, with 357 originations.
2022 saw Montgomery Bank place emphasis on $100,000 or less loans with 169 originations, totaling $9,575,000 in origination value.
Montgomery Bank lent most frequently to those with incomes in the $50k-75k range, with 85 originations. The second most popular income band? $50k or less, with 83 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Montgomery Bank lent most frequently to those with DTI ratios of Exempt%, with 357 originations.
Approval RatesTotal approvals of all applications
Montgomery Bank has an average approval rate.
Pick RateApprovals leading to origination
Montgomery Bank has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|