Wilson & Muir Bank & Trust Company Mortgage Rates, Fees & InfoBardstown, KY
Tax ID: 61-0288090
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewWilson & Muir Bank & Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Wilson & Muir Bank & Trust Company 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: Louisville, Bardstown, Elizabethtown, Bowling Green, and Lexington among others. We have data for 22 markets. (Some data included below & more in-depth data is available with an active subscription.)
Wilson & Muir Bank & Trust Company 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. Wilson & Muir Bank & Trust Company 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.
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|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.84%||11/30/23|
|30 Year Conventional Refi||6.82%||11/30/23|
|30 Year Cash-out Refi||6.63%||11/30/23|
|30 Year FHA Purchase||6.87%||11/30/23|
|30 Year VA Purchase||6.21%||11/30/23|
|30 Year USDA Purchase||6.72%||11/30/23|
|15 Year Conventional Purchase||5.82%||11/30/23|
|15 Year Conventional Refi||6.14%||11/30/23|
|15 Year Cash-out Refi||6.14%||11/30/23|
|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.|
Wilson & Muir Bank & Trust Company Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$90,430,000
Wilson & Muir Bank & Trust Company's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.31%.
Relative Fees (Closing Costs)
Wilson & Muir Bank & Trust Company's average total fees/closing costs for a 30 year fixed rate
mortgage were $2,742.
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 $4,750.
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|
|LOUISVILLE, KY (FHA|USDA|VA)||149||$43,695,000||$293,255||$3,035||5.37%|
|Outside of Metro Areas||88||$15,120,000||$171,818||$2,234||5.06%|
|Bardstown, KY (FHA|USDA|VA)||67||$11,715,000||$174,851||$1,843||5.00%|
|ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA)||65||$11,495,000||$176,846||$2,262||5.38%|
|BOWLING GREEN, KY (FHA|USDA|VA)||8||$1,510,000||$188,750||$2,750||5.08%|
|LEXINGTON-FAYETTE, KY (FHA|USDA|VA)||5||$1,345,000||$269,000||$3,098||5.38%|
|NAPLES-MARCO ISLAND, FL (FHA|USDA|VA)||1||$645,000||$645,000||$6,271||3.25%|
|Frankfort, KY (FHA|USDA|VA)||2||$580,000||$290,000||$3,604||3.75%|
|FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA)||1||$435,000||$435,000||$2,838||5.63%|
|JACKSONVILLE, FL (FHA|USDA|VA)||2||$420,000||$210,000||$4,378||4.06%|
|LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA)||1||$385,000||$385,000||$9,442||5.13%|
|TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA)||1||$365,000||$365,000||$0||5.75%|
|NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA)||2||$360,000||$180,000||$2,833||5.13%|
|ST. LOUIS, MO-IL (FHA|USDA|VA)||1||$335,000||$335,000||$5,455||4.88%|
|CINCINNATI, OH-KY-IN (FHA|USDA|VA)||1||$325,000||$325,000||$2,762||5.50%|
|Picayune, MS (FHA|USDA|VA)||1||$305,000||$305,000||$8,554||6.25%|
|CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA)||1||$285,000||$285,000||$0||4.75%|
|Campbellsville, KY (FHA|USDA|VA)||2||$280,000||$140,000||$2,617||6.06%|
|BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA)||1||$265,000||$265,000||$3,932||5.50%|
|OCALA, FL (FHA|USDA|VA)||1||$245,000||$245,000||$3,149||3.13%|
|Somerset, KY (FHA|USDA|VA)||1||$175,000||$175,000||$4,104||4.88%|
|Glasgow, KY (FHA|USDA|VA)||1||$145,000||$145,000||$4,225||5.50%|
For 2022, Wilson & Muir Bank & Trust Company's most frequently originated type of loan was Conventional, with 386 originations. Their 2nd most popular type was VA, with 6 originations.
For 2022, Wilson & Muir Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 224 originations. The 2nd most popular reason was Refi, with 114 originations.
For 2022, Wilson & Muir Bank & Trust Company's most frequently cited loan duration was 30 Year, with 212 originations. The 2nd most popular length was 20 Year, with 82 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Wilson & Muir Bank & Trust Company's average total fees were $2,742, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 232 originations.
During 2022, Wilson & Muir Bank & Trust Company's average interest rate for loans was 5.07%, while their most frequently originated rate bucket for loans was 5-6%, with 128 originations.
2022 saw Wilson & Muir Bank & Trust Company place emphasis on $200k-400k loans with 140 originations, totaling $38,280,000 in origination value.
Wilson & Muir Bank & Trust Company lent most frequently to those with incomes in the $75k-100k range, with 69 originations. The second most popular income band? $50k-75k, with 66 originations.
Applicant Debt to Income Ratio
Wilson & Muir Bank & Trust Company lent most frequently to those with DTI ratios of <20%, with 87 originations. The next most common DTI ratio? 20-30%, with 85 originations.
Approval RatesTotal approvals of all applications
Wilson & Muir Bank & Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Wilson & Muir Bank & Trust Company has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|