Wilson & Muir Bank & Trust Company Mortgage Rates, Fees & Info

Bardstown, KY

LEI: 549300TMWSYX6B5ZOK69

Tax ID: 61-0288090

Latest/2024 | 2023 Data | 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
  • Similar Lenders
  • 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

    Wilson & 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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    Originations

    402

    Origination Dollar Volume (All Markets)

    $90,430,000
    Show all (6) awards

    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
    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%
    Wilson & Muir Bank & Trust Company's top markets include Louisville, Bardstown, Elizabethtown, Bowling Green, and Lexington among others.

    Their top states include:
  • Kentucky (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)

    • Similar Lenders

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

    Commonwealth Bank and Trust Company
    Similarity Rank: 133
    The Cecilian Bank
    Similarity Rank: 195
    The Peoples Bank
    Similarity Rank: 420
    Guardian Savings Bank, A Federal Savings Bank
    Similarity Rank: 423
    COMMONWEALTH
    Similarity Rank: 425
    INDIANA MEMBERS CREDIT UNION
    Similarity Rank: 442
    TRANSCEND
    Similarity Rank: 558
    Abound Federal Credit Union
    Similarity Rank: 782
    Forcht Bank
    Similarity Rank: 980
    VILLAGE CAPITAL MORTGAGE
    Similarity Rank: 1188

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 386 $86,850,000 $225,000 $2,346 5.24%
    VA 6 $1,640,000 $273,333 $5,505 4.19%
    USDA 5 $845,000 $169,000 $4,498 4.80%
    FHA 4 $990,000 $247,500 $7,742 4.84%
    HELOC 1 $105,000 $105,000 n/a 5.00%

    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.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 224 $53,310,000 $237,991 $2,992 5.45%
    Refi 114 $26,790,000 $235,000 $2,227 4.88%
    Cash Out Refi 32 $6,310,000 $197,188 $2,725 4.23%
    Other 22 $2,010,000 $91,364 $828 5.89%
    Home Improvement 10 $2,010,000 $201,000 $1,102 5.40%

    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.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 212 $53,910,000 $254,292 $2,742 5.07%
    20 Year 82 $15,820,000 $192,927 $1,377 5.52%
    15 Year 41 $6,625,000 $161,585 $2,777 4.40%
    Other 30 $7,510,000 $250,333 $983 5.73%
    10 Year 15 $1,065,000 $71,000 $498 5.75%
    1 Year 14 $2,990,000 $213,571 $1,997 5.89%
    5 Year 5 $1,815,000 $363,000 $329 6.00%
    3 Year 3 $695,000 $231,667 $0 5.50%

    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
    $<1k 232 $50,170,000 $216,250
    $2k-3k 10 $2,510,000 $251,000
    $1k-2k 8 $1,650,000 $206,250
    $5k+ 7 $2,775,000 $396,429
    $3k-4k 5 $1,455,000 $291,000

    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.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 128 $31,210,000 $243,828
    4-5% 112 $25,540,000 $228,036
    6-7% 65 $13,565,000 $208,692
    3-4% 58 $13,810,000 $238,103
    7-8% 25 $3,255,000 $130,200
    2.5-3% 7 $1,625,000 $232,143
    <2.5% 5 $1,185,000 $237,000
    Over 8% 2 $240,000 $120,000

    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.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 140 $38,280,000 $273,429 $3,057 5.00%
    $100k-200k 137 $20,365,000 $148,650 $2,253 5.20%
    $100,000 or less 87 $5,145,000 $59,138 $1,122 5.64%
    $400k-600k 22 $10,930,000 $496,818 $3,707 5.19%
    $600k-1MM 12 $8,680,000 $723,333 $5,292 4.65%
    $1MM+ 4 $7,030,000 $1,757,500 $4,036 5.59%

    2022 saw Wilson & Muir Bank & Trust Company place emphasis on $200k-400k loans with 140 originations, totaling $38,280,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 69 $14,775,000 $214,130 $2,687 5.07%
    $50k-75k 66 $11,210,000 $169,848 $2,352 5.09%
    $100k-150k 57 $12,575,000 $220,614 $2,807 5.14%
    $50k or less 54 $5,440,000 $100,741 $1,654 5.23%
    $150k-250k 46 $12,300,000 $267,391 $2,883 5.42%
    $250k+ 34 $13,870,000 $407,941 $4,477 4.99%

    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

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 87 $19,145,000 $220,057 $1,970 5.23%
    20-30% 85 $16,985,000 $199,824 $2,561 5.25%
    30-36% 53 $10,555,000 $199,151 $2,500 5.18%
    45% 12 $3,230,000 $269,167 $3,920 4.85%
    38% 12 $2,100,000 $175,000 $2,495 4.66%
    36% 11 $2,505,000 $227,727 $2,501 5.02%
    44% 9 $2,995,000 $332,778 $2,067 6.07%
    41% 9 $2,395,000 $266,111 $2,903 4.97%
    42% 8 $2,390,000 $298,750 $2,334 4.78%
    37% 7 $1,995,000 $285,000 $3,240 4.54%
    40% 7 $1,055,000 $150,714 $1,926 4.88%
    43% 6 $1,280,000 $213,333 $4,087 4.48%
    47% 5 $1,085,000 $217,000 $2,601 4.65%
    39% 5 $985,000 $197,000 $3,505 5.55%
    48% 5 $1,105,000 $221,000 $2,594 5.05%
    50-60% 4 $600,000 $150,000 $1,014 5.84%
    46% 4 $730,000 $182,500 $3,616 4.19%
    49% 2 $600,000 $300,000 $3,235 5.88%
    >60% 1 $45,000 $45,000 $0 5.75%

    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.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 323 $69,525,000 $215,248 $2,471 5.18%
    Not applicable 68 $18,020,000 $265,000 $0 5.52%
    Asian 5 $1,445,000 $289,000 $4,534 4.58%
    Not provided 2 $600,000 $300,000 $4,726 3.19%
    American Indian 1 $335,000 $335,000 $5,455 4.88%
    Black 2 $290,000 $145,000 $2,252 4.69%
    Asian Indian 1 $215,000 $215,000 $5,695 2.50%

    Approval Rates

    Total approvals of all applications
    96.43%

    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 Rate

    Approvals leading to origination
    92.54%

    Wilson & Muir Bank & Trust Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 402 $90,430,000 $224,950

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    402 $90,430,000 $224,950

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 42 $5,180,000 $123,333 $1,518 5.44%
    40-60% 54 $11,220,000 $207,778 $2,643 5.23%
    60-80% 158 $39,420,000 $249,494 $2,812 5.11%
    80-100% 130 $30,080,000 $231,385 $2,829 5.19%
    Over 100% 1 $215,000 $215,000 $5,252 5.13%
    Under 20% 14 $1,100,000 $78,571 $608 5.68%