Community State Bank Of Southwestern Indiana Mortgage Rates, Fees & Info
Poseyville, INLEI: 549300UCWK8M6ROBPO58
Tax ID: 35-0258420
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Mortgage Data
Review & Overview
Community State Bank Of Southwestern Indiana is a smaller bank specializing in Cash Out Refi, Refi, and Home Purchase loans. Community State Bank Of Southwestern Indiana has a high proportion of conventional loans. Their top markets by origination volume include: Evansville, Indianapolis, and Louisville among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Community State Bank Of Southwestern Indiana 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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Originations
160Origination Dollar Volume (All Markets)
$30,170,000Top 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 |
|---|---|---|---|---|---|
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 135 | $24,785,000 | $183,593 | $0 | 0.00% |
| Outside of Metro Areas | 23 | $5,035,000 | $218,913 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 160 | $30,170,000 | $188,563 | $0 | 0.00% |
For 2020, Community State Bank Of Southwestern Indiana's most frequently originated type of loan was Conventional, with 160 originations.
Loan Reason
For 2020, Community State Bank Of Southwestern Indiana's most frequently cited loan purpose was Cash Out Refi, with 64 originations. The 2nd most popular reason was Refi, with 45 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 160 | $30,170,000 | $188,563 | $0 | 0.00% |
For 2020, Community State Bank Of Southwestern Indiana's most frequently cited loan duration was Other, with 160 originations.
Loan Sizing
2020 saw Community State Bank Of Southwestern Indiana place emphasis on $100k-200k loans with 64 originations, totaling $9,110,000 in origination value.
Applicant Income
Community State Bank Of Southwestern Indiana lent most frequently to those with incomes in the $100k-150k range, with 40 originations. The second most popular income band? $75k-100k, with 36 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 160 | $30,170,000 | $188,563 | $0 | 0.00% |
Community State Bank Of Southwestern Indiana lent most frequently to those with DTI ratios of Exempt%, with 160 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 153 | $28,845,000 | $188,529 | $0 | 0.00% |
| Not applicable | 7 | $1,325,000 | $189,286 | $0 | 0.00% |
Approval Rates
Total approvals of all applications95.27%
Community State Bank Of Southwestern Indiana has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination99.38%
Community State Bank Of Southwestern Indiana has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 160 | $30,170,000 | $188,563 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| COMMUNITY BANK SYSTEM, INC. | Conventional home mortgage | Struggling to pay mortgage | 1 | 33.3% |
| COMMUNITY BANK SYSTEM, INC. | Conventional home mortgage | Trouble during payment process | 1 | 33.3% |
| COMMUNITY BANK SYSTEM, INC. | Other type of mortgage | Closing on a mortgage | 1 | 33.3% |
Bank Details
Branches
| Bank Name | Branch | Branch Type | Deposits (000's) |
|---|---|---|---|
| Community State Bank of Southwestern Indiana | 10351 Evansville Street Cynthiana, IN 47612 | Full Service B&M | $16,933 |
| Community State Bank of Southwestern Indiana | 11201 Upper Mt. Vernon Road Evansville, IN 47712 | Full Service B&M | $7,267 |
| Community State Bank of Southwestern Indiana | 1128 East Church Street New Harmony, IN 47631 | Full Service B&M | $4,611 |
| Community State Bank of Southwestern Indiana | 201 West Fourth Street Mount Vernon, IN 47620 | Full Service B&M | $7,221 |
| Community State Bank of Southwestern Indiana | 220 South Lockwood Street Poseyville, IN 47633 | Full Service B&M | $22,904 |
| Community State Bank of Southwestern Indiana | 4800 St. Wendel-Cynthiana Road Wadesville, IN 47638 | Full Service B&M | $21,888 |
For 2020, Community State Bank Of Southwestern Indiana had 6 branches.