Stone Bank Mortgage Rates, Fees & Info
Little Rock, ARLEI: 549300UMOKQUJLI81448
Tax ID: 71-0271595
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Mortgage Data
Review & Overview
Stone Bank is a smaller bank specializing in Home Purchase and Refi loans. Stone Bank has a high proportion of conventional loans. Their top markets by origination volume include: Harrison, Little Rock, Pine Bluff, Hot Springs, and Fayetteville among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Stone Bank has an above average approval rate when compared to the average across all lenders.
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Originations
55Origination Dollar Volume (All Markets)
$8,625,000Top 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 |
|---|---|---|---|---|---|
| Harrison, AR (FHA|USDA|VA) | 16 | $2,650,000 | $165,625 | $0 | 0.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 19 | $2,495,000 | $131,316 | $0 | 0.00% |
| PINE BLUFF, AR (FHA|USDA|VA) | 6 | $1,420,000 | $236,667 | $0 | 0.00% |
| Outside of Metro Areas | 9 | $615,000 | $68,333 | $0 | 0.00% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $0 | 0.00% |
| Batesville, AR (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 55 | $8,625,000 | $156,818 | $0 | 0.00% |
For 2018, Stone Bank's most frequently originated type of loan was Conventional, with 55 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 34 | $4,830,000 | $142,059 | $0 | 0.00% |
| Refi | 19 | $3,665,000 | $192,895 | $0 | 0.00% |
| Home Improvement | 2 | $130,000 | $65,000 | $0 | 0.00% |
For 2018, Stone Bank's most frequently cited loan purpose was Home Purchase, with 34 originations. The 2nd most popular reason was Refi, with 19 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 55 | $8,625,000 | $156,818 | $0 | 0.00% |
For 2018, Stone Bank's most frequently cited loan duration was Other, with 55 originations.
Loan Sizing
2018 saw Stone Bank place emphasis on $100,000 or less loans with 25 originations, totaling $1,455,000 in origination value.
Applicant Income
Stone Bank lent most frequently to those with incomes in the $50k-75k range, with 9 originations. The second most popular income band? $150k-250k, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 55 | $8,625,000 | $156,818 | $0 | 0.00% |
Stone Bank lent most frequently to those with DTI ratios of Exempt%, with 55 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.83%
Stone Bank has an average approval rate.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 55 | $8,625,000 | $156,818 |