Centier Bank Mortgage Rates, Fees & Info

Whiting, IN

LEI: 549300SKTBTC2QFDKG02

Tax ID: 35-0161790

5 stars - Updated: 5/20/24 - out of 5 stars, based on 52 reviews

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

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Mortgage Data

Review & Overview

Centier Bank is a smaller bank specializing in Home Purchase loans. Centier Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Chicago, Indianapolis, Lafayette, Fort Wayne, and Orlando among others. We have data for 168 markets. (Some data included below & more in-depth data is available with an active subscription.)

Centier 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. Centier 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 relatively high 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) 7.63% 5/20/24
30 Year Conventional Purchase 6.83% 5/20/24
30 Year Conventional Refi 6.57% 5/20/24
30 Year Cash-out Refi 6.78% 5/20/24
30 Year FHA Purchase 7.77% 5/20/24
30 Year FHA Refi 6.27% 5/20/24
30 Year VA Purchase 6.61% 5/20/24
30 Year USDA Purchase 7.16% 5/20/24
15 Year Conventional Purchase 7.45% 5/20/24
15 Year Conventional Refi 6.64% 5/20/24
15 Year Cash-out Refi 6.64% 5/20/24
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.

Centier Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Centier 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

2,740

Origination Dollar Volume (All Markets)

$800,660,000
Show all (10) awards

Relative Rate

Centier Bank's average 30 year fixed mortgage rate was 7.11%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.63%.

Relative Fees (Closing Costs)

Centier Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $3,004.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1,324 $246,200,000 $185,952 $2,788 8.65%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 353 $163,055,000 $461,912 $4,117 7.98%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 134 $102,290,000 $763,358 $3,353 8.28%
FORT WAYNE, IN (FHA|USDA|VA) 13 $86,335,000 $6,641,154 $1,087 8.37%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $47,940,000 $23,970,000 $15,086 7.19%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 134 $26,720,000 $199,403 $3,031 8.33%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 91 $22,115,000 $243,022 $2,091 8.46%
PEORIA, IL (FHA|USDA|VA) 2 $19,980,000 $9,990,000 $4,303 6.81%
Outside of Metro Areas 91 $11,555,000 $126,978 $3,029 7.89%
TUCSON, AZ (FHA|USDA|VA) 1 $7,905,000 $7,905,000 $0 5.92%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $6,660,000 $3,330,000 $0 7.95%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 67 $6,655,000 $99,328 $1,706 8.88%
CEDAR RAPIDS, IA (FHA|USDA|VA) 2 $5,490,000 $2,745,000 $0 8.25%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 58 $3,470,000 $59,828 $0 8.10%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 36 $2,810,000 $78,056 $3,138 8.12%
Plymouth, IN (FHA|USDA|VA) 24 $2,660,000 $110,833 $2,824 8.76%
Frankfort, IN (FHA|USDA|VA) 12 $2,530,000 $210,833 $1,904 7.88%
Crawfordsville, IN (FHA|USDA|VA) 9 $2,185,000 $242,778 $2,243 7.85%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 25 $2,185,000 $87,400 $0 8.16%
Warsaw, IN (FHA|USDA|VA) 2 $1,510,000 $755,000 $38,280 8.19%
KOKOMO, IN (FHA|USDA|VA) 7 $1,505,000 $215,000 $3,203 8.57%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 21 $1,285,000 $61,190 $0 7.85%
NILES, MI (FHA|USDA|VA) 7 $1,175,000 $167,857 $5,039 7.95%
BOISE CITY, ID (FHA|USDA|VA) 11 $935,000 $85,000 $0 7.99%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 7 $805,000 $115,000 $0 8.46%
Traverse City, MI (FHA|USDA|VA) 5 $765,000 $153,000 $7,971 7.83%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $725,000 $725,000 $7,189 7.63%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 6 $660,000 $110,000 $0 8.06%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 6 $630,000 $105,000 $0 8.00%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 5 $545,000 $109,000 $0 8.49%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $510,000 $255,000 $3,740 6.69%
TOLEDO, OH (FHA|USDA|VA) 11 $505,000 $45,909 $0 8.44%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $485,000 $161,667 $0 8.03%
LANCASTER, PA (FHA|USDA|VA) 5 $475,000 $95,000 $0 7.73%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $465,000 $465,000 $5,559 5.13%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $445,000 $89,000 $0 8.70%
New Castle, IN (FHA|USDA|VA) 2 $430,000 $215,000 $5,136 7.44%
BLOOMINGTON, IN (FHA|USDA|VA) 3 $425,000 $141,667 $1,382 8.75%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 4 $420,000 $105,000 $0 8.26%
Holland, MI (FHA|USDA|VA) 5 $405,000 $81,000 $0 8.25%
ANN ARBOR, MI (FHA|USDA|VA) 7 $405,000 $57,857 $0 8.25%
Logansport, IN (FHA|USDA|VA) 3 $395,000 $131,667 $2,578 7.00%
Seymour, IN (FHA|USDA|VA) 2 $370,000 $185,000 $10,853 7.88%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 5 $355,000 $71,000 $0 8.41%
FLINT, MI (FHA|USDA|VA) 9 $355,000 $39,444 $0 8.08%
EVANSVILLE, IN-KY (FHA|USDA|VA) 3 $345,000 $115,000 $2,868 6.83%
PITTSBURGH, PA (FHA|USDA|VA) 5 $345,000 $69,000 $0 7.98%
PANAMA CITY, FL (FHA|USDA|VA) 1 $335,000 $335,000 $10,889 5.88%
Steamboat Springs, CO (FHA|USDA|VA) 1 $325,000 $325,000 $0 8.00%
Kendallville, IN (FHA|USDA|VA) 2 $320,000 $160,000 $592 7.38%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $320,000 $80,000 $0 8.25%
GREELEY, CO (FHA|USDA|VA) 4 $320,000 $80,000 $0 7.86%
READING, PA (FHA|USDA|VA) 5 $315,000 $63,000 $0 8.38%
DAYTON-KETTERING, OH (FHA|USDA|VA) 4 $300,000 $75,000 $0 8.29%
ST. LOUIS, MO-IL (FHA|USDA|VA) 8 $290,000 $36,250 $0 8.38%
RAPID CITY, SD (FHA|USDA|VA) 2 $280,000 $140,000 $0 8.38%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $270,000 $45,000 $0 8.21%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $265,000 $88,333 $0 8.83%
Sturgis, MI (FHA|USDA|VA) 1 $225,000 $225,000 $2,208 6.75%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $205,000 $68,333 $0 7.96%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 3 $205,000 $68,333 $0 7.21%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $200,000 $100,000 $0 8.70%
Outside of Metro Areas 2 $190,000 $95,000 $0 8.00%
ROCKFORD, IL (FHA|USDA|VA) 4 $190,000 $47,500 $0 7.81%
BINGHAMTON, NY (FHA|USDA|VA) 2 $190,000 $95,000 $0 7.88%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $185,000 $61,667 $0 8.72%
ROCHESTER, NY (FHA|USDA|VA) 3 $185,000 $61,667 $0 8.67%
Owatonna, MN (FHA|USDA|VA) 3 $185,000 $61,667 $0 7.92%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $180,000 $90,000 $0 8.38%
UTICA-ROME, NY (FHA|USDA|VA) 2 $180,000 $90,000 $0 8.28%
ST. CLOUD, MN (FHA|USDA|VA) 3 $175,000 $58,333 $0 8.13%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $175,000 $58,333 $0 7.67%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $175,000 $175,000 $5,235 7.63%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $175,000 $58,333 $0 8.08%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $175,000 $175,000 $0 7.63%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 4 $170,000 $42,500 $0 8.00%
KANKAKEE, IL (FHA|USDA|VA) 3 $165,000 $55,000 $0 8.77%
Adrian, MI (FHA|USDA|VA) 3 $165,000 $55,000 $0 7.92%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $165,000 $165,000 $0 8.50%
Yankton, SD (FHA|USDA|VA) 1 $165,000 $165,000 $0 8.00%
Sevierville, TN (FHA|USDA|VA) 2 $160,000 $80,000 $0 8.38%
SYRACUSE, NY (FHA|USDA|VA) 2 $160,000 $80,000 $0 7.38%
MUNCIE, IN (FHA|USDA|VA) 3 $155,000 $51,667 $3,034 8.08%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $155,000 $155,000 $0 8.50%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 3 $155,000 $51,667 $0 8.58%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $150,000 $75,000 $0 7.81%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $150,000 $75,000 $0 8.13%
BLOOMINGTON, IL (FHA|USDA|VA) 4 $140,000 $35,000 $0 8.30%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,153 6.50%
Jackson, OH (FHA|USDA|VA) 1 $135,000 $135,000 $0 8.50%
MUSKEGON, MI (FHA|USDA|VA) 2 $130,000 $65,000 $0 8.25%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $125,000 $125,000 $0 8.00%
EAU CLAIRE, WI (FHA|USDA|VA) 2 $120,000 $60,000 $0 8.75%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 3 $115,000 $38,333 $0 8.29%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 3 $115,000 $38,333 $0 8.58%
Gloversville, NY (FHA|USDA|VA) 1 $115,000 $115,000 $0 7.75%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $115,000 $115,000 $0 8.50%
BILLINGS, MT (FHA|USDA|VA) 1 $115,000 $115,000 $0 7.00%
MISSOULA, MT (FHA|USDA|VA) 1 $115,000 $115,000 $0 8.10%
FORT COLLINS, CO (FHA|USDA|VA) 2 $110,000 $55,000 $0 8.40%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $110,000 $55,000 $0 8.00%
LEBANON, PA (FHA|USDA|VA) 2 $110,000 $55,000 $0 8.00%
Hutchinson, MN (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.00%
JACKSON, MI (FHA|USDA|VA) 3 $105,000 $35,000 $0 8.42%
Cadillac, MI (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.75%
Corning, NY (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.70%
LOGAN, UT-ID (FHA|USDA|VA) 1 $105,000 $105,000 $0 8.50%
DOVER, DE (FHA|USDA|VA) 2 $100,000 $50,000 $0 8.50%
Findlay, OH (FHA|USDA|VA) 2 $100,000 $50,000 $0 7.75%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $95,000 $95,000 $0 7.50%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $95,000 $95,000 $0 9.75%
GLENS FALLS, NY (FHA|USDA|VA) 1 $95,000 $95,000 $0 8.00%
Quincy, IL-MO (FHA|USDA|VA) 1 $95,000 $95,000 $0 8.40%
Ludington, MI (FHA|USDA|VA) 2 $90,000 $45,000 $0 8.38%
Farmington, MO (FHA|USDA|VA) 1 $85,000 $85,000 $0 7.25%
Oneonta, NY (FHA|USDA|VA) 1 $85,000 $85,000 $0 7.38%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $85,000 $85,000 $0 8.50%
Pottsville, PA (FHA|USDA|VA) 1 $85,000 $85,000 $0 8.50%
Craig, CO (FHA|USDA|VA) 1 $85,000 $85,000 $0 8.00%
FOND DU LAC, WI (FHA|USDA|VA) 2 $80,000 $40,000 $0 8.63%
Menomonie, WI (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.75%
Danville, KY (FHA|USDA|VA) 1 $75,000 $75,000 $0 7.75%
Beaver Dam, WI (FHA|USDA|VA) 1 $75,000 $75,000 $0 7.75%
RACINE, WI (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.30%
STAUNTON, VA (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.25%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $75,000 $75,000 $0 7.75%
Meadville, PA (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.10%
Hannibal, MO (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.30%
Indiana, PA (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.00%
PUEBLO, CO (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.00%
Kearney, NE (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.50%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.40%
MONROE, MI (FHA|USDA|VA) 1 $65,000 $65,000 $0 8.50%
ERIE, PA (FHA|USDA|VA) 1 $65,000 $65,000 $0 7.38%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $65,000 $65,000 $0 7.75%
AMES, IA (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.50%
Murray, KY (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.75%
New Castle, PA (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.63%
Glenwood Springs, CO (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.00%
Salem, OH (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.50%
Durango, CO (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.75%
TWIN FALLS, ID (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.00%
WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.40%
Somerset, PA (FHA|USDA|VA) 1 $45,000 $45,000 $0 7.00%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $45,000 $45,000 $0 7.00%
POCATELLO, ID (FHA|USDA|VA) 1 $45,000 $45,000 $0 8.50%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $45,000 $45,000 $0 8.25%
Oskaloosa, IA (FHA|USDA|VA) 1 $45,000 $45,000 $0 8.75%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $45,000 $45,000 $0 9.35%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $35,000 $35,000 $0 7.25%
Winona, MN (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.75%
ITHACA, NY (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.75%
WICHITA, KS (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.00%
Williston, ND (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.00%
APPLETON, WI (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.75%
Sunbury, PA (FHA|USDA|VA) 1 $35,000 $35,000 $0 7.50%
TOPEKA, KS (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.75%
LAWRENCE, KS (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.50%
TERRE HAUTE, IN (FHA|USDA|VA) 1 $25,000 $25,000 $0 9.50%
Cañon City, CO (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.10%
Marquette, MI (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.75%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $25,000 $25,000 $0 7.75%
Sidney, OH (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.30%
Portsmouth, OH (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.75%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $25,000 $25,000 $0 9.75%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $15,000 $15,000 $0 8.50%
BANGOR, ME (FHA|USDA|VA) 1 $15,000 $15,000 $0 7.00%
Auburn, IN (FHA|USDA|VA) 1 $15,000 $15,000 $0 9.25%
Centier Bank's top markets include Chicago, Indianapolis, Lafayette, Fort Wayne, and Orlando among others.

Their top states include:
  • Indiana (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Centier Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,392 $670,620,000 $481,767 $2,958 7.69%
    HELOC 1,294 $118,400,000 $91,499 n/a 9.23%
    FHA 48 $10,080,000 $210,000 $6,602 7.08%
    VA 5 $1,355,000 $271,000 $4,708 6.60%
    USDA 1 $205,000 $205,000 $4,822 7.38%

    For 2023, Centier Bank's most frequently originated type of loan was Conventional, with 1,392 originations. Their 2nd most popular type was HELOC, with 1,294 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,337 $663,895,000 $496,556 $3,678 7.61%
    Home Improvement 832 $60,070,000 $72,200 $386 9.27%
    Refi 285 $40,515,000 $142,158 $1,391 8.95%
    Other 253 $14,735,000 $58,241 $415 9.35%
    Cash Out Refi 33 $21,445,000 $649,848 $5,076 6.71%

    For 2023, Centier Bank's most frequently cited loan purpose was Home Purchase, with 1,337 originations. The 2nd most popular reason was Home Improvement, with 832 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    20 Year 1,493 $115,085,000 $77,083 $586 9.11%
    30 Year 647 $142,105,000 $219,637 $3,004 7.11%
    Other 326 $189,090,000 $580,031 $484 8.28%
    30+ year 72 $61,890,000 $859,583 $9,965 6.65%
    10 Year 68 $105,650,000 $1,553,676 $2 8.45%
    15 Year 64 $9,810,000 $153,281 $2,046 8.01%
    5 Year 58 $150,300,000 $2,591,379 $0 7.93%
    1 Year 9 $9,635,000 $1,070,556 $0 8.29%
    3 Year 3 $17,095,000 $5,698,333 $0 8.73%

    For 2023, Centier Bank's most frequently cited loan duration was 20 Year, with 1,493 originations. The 2nd most popular length was 30 Year, with 647 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 515 $86,815,000 $168,573
    $1k-2k 159 $45,705,000 $287,453
    $2k-3k 69 $21,125,000 $306,159
    $5k+ 44 $34,680,000 $788,182
    $3k-4k 41 $15,655,000 $381,829
    $4k-5k 18 $11,910,000 $661,667

    Centier Bank's average total fees were $3,004, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 515 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 1,702 $302,570,000 $177,773
    7-8% 645 $234,875,000 $364,147
    6-7% 316 $181,310,000 $573,766
    5-6% 75 $81,105,000 $1,081,400
    4-5% 2 $800,000 $400,000

    During 2023, Centier Bank's average interest rate for loans was 7.11%, while their most frequently originated rate bucket for loans was Over 8%, with 1,702 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,518 $73,960,000 $48,722 $558 8.96%
    $100k-200k 680 $94,600,000 $139,118 $2,121 8.07%
    $200k-400k 362 $96,510,000 $266,602 $3,623 7.32%
    $400k-600k 68 $32,450,000 $477,206 $6,672 7.11%
    $1MM+ 59 $465,245,000 $7,885,508 $16,541 7.11%
    $600k-1MM 53 $37,895,000 $715,000 $7,593 7.16%

    2023 saw Centier Bank place emphasis on $100,000 or less loans with 1,518 originations, totaling $73,960,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 678 $68,410,000 $100,900 $2,239 8.30%
    $100k-150k 497 $65,085,000 $130,956 $3,621 8.60%
    $75k-100k 471 $49,025,000 $104,087 $2,760 8.52%
    $50k or less 451 $41,545,000 $92,118 $1,987 8.26%
    $150k-250k 328 $49,480,000 $150,854 $4,029 8.77%
    $250k+ 155 $74,815,000 $482,677 $9,894 8.12%

    Centier Bank lent most frequently to those with incomes in the $50k-75k range, with 678 originations. The second most popular income band? $100k-150k, with 497 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 639 $60,295,000 $94,358 $2,250 8.70%
    30-36% 589 $72,695,000 $123,421 $3,209 8.51%
    <20% 283 $27,075,000 $95,671 $3,837 8.76%
    42% 191 $27,925,000 $146,204 $2,821 8.68%
    41% 123 $18,435,000 $149,878 $2,391 8.50%
    40% 121 $19,435,000 $160,620 $3,280 8.34%
    38% 111 $18,175,000 $163,739 $3,276 8.20%
    39% 106 $15,200,000 $143,396 $2,810 8.37%
    36% 98 $11,160,000 $113,878 $2,689 8.30%
    37% 95 $10,285,000 $108,263 $1,879 8.44%
    43% 80 $14,090,000 $176,125 $2,612 8.14%
    44% 63 $11,905,000 $188,968 $2,417 7.35%
    >60% 36 $19,750,000 $548,611 $5,943 7.14%
    49% 25 $8,365,000 $334,600 $5,300 7.03%
    46% 22 $5,930,000 $269,545 $4,692 7.10%
    45% 20 $6,030,000 $301,500 $4,141 6.86%
    48% 19 $4,265,000 $224,474 $4,213 7.09%
    50-60% 14 $4,000,000 $285,714 $7,253 6.71%
    47% 11 $3,525,000 $320,455 $5,015 6.51%

    Centier Bank lent most frequently to those with DTI ratios of 20-30%, with 639 originations. The next most common DTI ratio? 30-36%, with 589 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 94 $443,070,000 $4,713,511 $2,677 7.49%
    White 1,987 $280,725,000 $141,281 $3,253 8.36%
    Not provided 496 $44,560,000 $89,839 $1,725 8.73%
    Asian 30 $16,250,000 $541,667 $10,846 8.20%
    Black 117 $14,445,000 $123,462 $2,449 8.49%
    American Indian 13 $1,385,000 $106,538 $2,052 8.65%
    Native Hawaiian or Islander 3 $225,000 $75,000 $0 8.78%

    Approval Rates

    Total approvals of all applications
    83.47%

    Centier Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    45.84%

    Centier Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 8 $610,000 $76,250
    100.0 1 $65,000 $65,000
    1000.0 2 $30,000 $15,000
    1008.16 1 $55,000 $55,000
    1016.0 1 $25,000 $25,000
    1021.0 1 $25,000 $25,000
    1050.0 1 $25,000 $25,000
    1068.0 1 $15,000 $15,000
    1100.0 1 $25,000 $25,000
    1169.67 1 $45,000 $45,000
    1175.0 2 $50,000 $25,000
    1180.0 1 $45,000 $45,000
    1185.0 1 $35,000 $35,000
    1190.28 1 $25,000 $25,000
    1200.0 1 $25,000 $25,000
    1215.0 1 $25,000 $25,000
    1220.0 1 $25,000 $25,000
    1224.0 1 $25,000 $25,000
    1232.91 1 $65,000 $65,000
    1235.0 1 $15,000 $15,000
    1239.0 1 $45,000 $45,000
    1240.0 4 $110,000 $27,500
    1242.0 1 $25,000 $25,000
    1243.0 1 $15,000 $15,000
    1245.0 1 $25,000 $25,000
    1250.0 235 $14,955,000 $63,638
    1282.07 1 $55,000 $55,000
    1298.2 1 $55,000 $55,000
    1300.0 1 $25,000 $25,000
    1317.25 1 $55,000 $55,000
    1343.13 1 $25,000 $25,000
    1353.97 1 $55,000 $55,000
    1372.54 1 $25,000 $25,000
    1375.04 1 $55,000 $55,000
    1420.0 1 $65,000 $65,000
    1422.2 1 $65,000 $65,000
    1422.73 1 $65,000 $65,000
    1465.0 1 $35,000 $35,000
    1476.0 1 $35,000 $35,000
    1532.2 1 $35,000 $35,000
    1540.0 1 $45,000 $45,000
    1548.22 1 $65,000 $65,000
    1562.41 1 $65,000 $65,000
    1589.12 1 $35,000 $35,000
    1616.0 1 $35,000 $35,000
    1630.0 1 $35,000 $35,000
    1632.0 1 $35,000 $35,000
    1641.23 1 $75,000 $75,000
    1650.0 2 $70,000 $35,000
    1666.0 1 $35,000 $35,000
    1679.59 1 $35,000 $35,000
    1725.0 1 $35,000 $35,000
    1740.0 1 $35,000 $35,000
    1748.0 1 $35,000 $35,000
    1761.7 1 $45,000 $45,000
    1776.73 1 $75,000 $75,000
    1805.51 1 $35,000 $35,000
    1850.0 1 $35,000 $35,000
    1855.97 1 $85,000 $85,000
    1900.0 1 $85,000 $85,000
    1936.0 1 $85,000 $85,000
    1970.99 1 $55,000 $55,000
    2000.0 1 $45,000 $45,000
    2013.22 1 $105,000 $105,000
    2040.0 1 $95,000 $95,000
    2050.0 2 $100,000 $50,000
    2051.5 1 $45,000 $45,000
    2058.61 1 $55,000 $55,000
    2059.75 1 $65,000 $65,000
    2079.58 1 $45,000 $45,000
    2100.0 1 $95,000 $95,000
    2104.97 1 $65,000 $65,000
    2140.31 1 $45,000 $45,000
    2150.0 1 $65,000 $65,000
    2200.0 1 $105,000 $105,000
    2220.14 1 $65,000 $65,000
    2250.0 1 $85,000 $85,000
    2267.41 1 $55,000 $55,000
    2275.29 1 $45,000 $45,000
    2285.0 1 $45,000 $45,000
    2300.0 20 $1,580,000 $79,000
    2320.77 1 $75,000 $75,000
    2328.32 1 $105,000 $105,000
    2337.5 1 $75,000 $75,000
    2352.74 1 $55,000 $55,000
    2407.2 1 $65,000 $65,000
    2450.0 2 $110,000 $55,000
    2463.18 1 $75,000 $75,000
    2480.0 1 $75,000 $75,000
    2494.07 1 $55,000 $55,000
    2548.0 1 $65,000 $65,000
    2565.41 1 $55,000 $55,000
    2574.0 1 $55,000 $55,000
    2596.0 1 $65,000 $65,000
    2600.0 2 $110,000 $55,000
    2649.45 1 $95,000 $95,000
    2652.66 1 $55,000 $55,000
    2660.49 1 $55,000 $55,000
    2679.0 1 $65,000 $65,000
    2699.0 3 $205,000 $68,333
    2705.56 1 $65,000 $65,000
    2721.06 1 $55,000 $55,000
    2785.0 1 $65,000 $65,000
    2788.0 1 $65,000 $65,000
    2793.0 1 $55,000 $55,000
    2800.0 1 $55,000 $55,000
    2825.0 1 $65,000 $65,000
    2836.21 1 $65,000 $65,000
    2853.0 1 $65,000 $65,000
    2878.95 1 $135,000 $135,000
    2885.52 1 $75,000 $75,000
    2900.33 1 $65,000 $65,000
    2908.03 1 $145,000 $145,000
    2917.17 1 $65,000 $65,000
    2925.82 1 $75,000 $75,000
    2928.4 1 $65,000 $65,000
    2995.0 1 $75,000 $75,000
    300.0 1 $25,000 $25,000
    3012.71 1 $75,000 $75,000
    3013.8 1 $75,000 $75,000
    3049.44 1 $65,000 $65,000
    3053.97 1 $95,000 $95,000
    3078.0 1 $65,000 $65,000
    3079.35 1 $155,000 $155,000
    3100.99 1 $75,000 $75,000
    3106.0 1 $65,000 $65,000
    3179.56 1 $75,000 $75,000
    3200.0 3 $245,000 $81,667
    3228.59 1 $85,000 $85,000
    3260.0 1 $75,000 $75,000
    3300.09 1 $105,000 $105,000
    330.51 1 $35,000 $35,000
    3347.03 1 $85,000 $85,000
    3348.0 1 $85,000 $85,000
    3394.28 1 $85,000 $85,000
    3400.0 1 $85,000 $85,000
    3438.11 1 $105,000 $105,000
    3439.83 1 $165,000 $165,000
    3440.0 1 $75,000 $75,000
    3454.21 1 $105,000 $105,000
    3472.0 1 $85,000 $85,000
    3536.48 1 $75,000 $75,000
    3538.0 1 $115,000 $115,000
    3570.0 1 $75,000 $75,000
    3707.46 1 $75,000 $75,000
    3731.26 1 $95,000 $95,000
    3763.95 1 $95,000 $95,000
    3828.75 1 $115,000 $115,000
    3866.01 1 $115,000 $115,000
    3900.0 1 $95,000 $95,000
    3918.34 1 $95,000 $95,000
    3950.0 1 $85,000 $85,000
    3966.88 1 $85,000 $85,000
    4029.25 1 $85,000 $85,000
    4095.2 1 $125,000 $125,000
    4150.0 1 $95,000 $95,000
    4181.5 1 $145,000 $145,000
    4182.01 1 $105,000 $105,000
    4192.11 1 $95,000 $95,000
    4199.0 10 $1,360,000 $136,000
    4283.62 1 $135,000 $135,000
    4352.34 1 $95,000 $95,000
    4673.81 1 $115,000 $115,000
    4761.43 1 $105,000 $105,000
    4790.63 1 $105,000 $105,000
    4800.0 1 $125,000 $125,000
    4837.3 1 $105,000 $105,000
    4874.13 1 $105,000 $105,000
    4953.25 1 $115,000 $115,000
    5075.38 1 $175,000 $175,000
    5103.0 1 $135,000 $135,000
    5140.98 1 $115,000 $115,000
    5231.69 1 $185,000 $185,000
    5246.06 1 $135,000 $135,000
    5435.86 1 $135,000 $135,000
    5599.0 1 $185,000 $185,000
    5776.71 1 $135,000 $135,000
    6040.0 1 $125,000 $125,000
    6254.13 1 $145,000 $145,000
    6680.0 1 $325,000 $325,000
    700.0 1 $15,000 $15,000
    704.43 1 $25,000 $25,000
    799.0 8 $610,000 $76,250
    800.0 1 $25,000 $25,000
    804.89 1 $45,000 $45,000
    860.0 1 $15,000 $15,000
    8945.68 1 $245,000 $245,000
    900.0 2 $70,000 $35,000
    970.0 1 $15,000 $15,000
    984.59 1 $35,000 $35,000
    999.0 1 $335,000 $335,000
    NA 2,259 $767,315,000 $339,670

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,740 $800,660,000 $292,212

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 511 $44,735,000 $87,544 $1,549 9.05%
    40-60% 238 $202,510,000 $850,882 $3,300 8.32%
    60-80% 415 $326,905,000 $787,723 $4,921 7.54%
    80-100% 833 $169,835,000 $203,884 $3,407 7.65%
    Over 100% 1 $75,000 $75,000 $0 8.80%
    Under 20% 742 $56,600,000 $76,280 $150 9.31%