Community Bank Of Wichita Mortgage Rates, Fees & Info
Wichita, KSLEI: 549300UTNHGSP4ICJE17
Tax ID: 48-1242609
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Mortgage Data
Review & Overview
Community Bank Of Wichita is a smaller bank specializing in Home Purchase and Refi loans. Community Bank Of Wichita has a high proportion of conventional loans. Their top two markets are Wichita and Kansas City .Community Bank Of Wichita has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
50Origination Dollar Volume (All Markets)
$11,740,000Top 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 |
|---|---|---|---|---|---|
| WICHITA, KS (FHA|USDA|VA) | 46 | $11,400,000 | $247,826 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $85,000 | $28,333 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 50 | $11,740,000 | $234,800 | $0 | 0.00% |
For 2023, Community Bank Of Wichita's most frequently originated type of loan was Conventional, with 50 originations.
Loan Reason
For 2023, Community Bank Of Wichita's most frequently cited loan purpose was Home Purchase, with 24 originations. The 2nd most popular reason was Home Improvement, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 50 | $11,740,000 | $234,800 | $0 | 0.00% |
For 2023, Community Bank Of Wichita's most frequently cited loan duration was Other, with 50 originations.
Loan Sizing
2023 saw Community Bank Of Wichita place emphasis on $100,000 or less loans with 20 originations, totaling $1,020,000 in origination value.
Applicant Income
Community Bank Of Wichita lent most frequently to those with incomes in the $100k-150k range, with 8 originations. The second most popular income band? $50k-75k, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 50 | $11,740,000 | $234,800 | $0 | 0.00% |
Community Bank Of Wichita lent most frequently to those with DTI ratios of Exempt%, with 50 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.25%
Community Bank Of Wichita has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination88.00%
Community Bank Of Wichita has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 50 | $11,740,000 | $234,800 |