Community Bank Of Wichita Mortgage Rates, Fees & Info

Wichita, KS

LEI: 549300UTNHGSP4ICJE17

Tax ID: 48-1242609

Latest/2023 | 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
  • Complaints
  • 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

    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 (well, only) market is Wichita.

    Community Bank Of Wichita has an 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

    41

    Origination Dollar Volume (All Markets)

    $5,205,000

    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
    WICHITA, KS (FHA|USDA|VA) 39 $4,725,000 $121,154 $0 0.00%
    Outside of Metro Areas 2 $480,000 $240,000 $0 0.00%
    Community Bank Of Wichita's top markets include and Wichita among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 41 $5,205,000 $126,951 $0 0.00%

    For 2018, Community Bank Of Wichita's most frequently originated type of loan was Conventional, with 41 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 27 $3,465,000 $128,333 $0 0.00%
    Refi 11 $1,535,000 $139,545 $0 0.00%
    Home Improvement 2 $10,000 $5,000 $0 0.00%
    Other 1 $195,000 $195,000 $0 0.00%

    For 2018, Community Bank Of Wichita's most frequently cited loan purpose was Home Purchase, with 27 originations. The 2nd most popular reason was Refi, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 41 $5,205,000 $126,951 $0 0.00%

    For 2018, Community Bank Of Wichita's most frequently cited loan duration was Other, with 41 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 25 $1,265,000 $50,600 $0 0.00%
    $100k-200k 8 $1,290,000 $161,250 $0 0.00%
    $200k-400k 5 $1,275,000 $255,000 $0 0.00%
    $400k-600k 3 $1,375,000 $458,333 $0 0.00%

    2018 saw Community Bank Of Wichita place emphasis on $100,000 or less loans with 25 originations, totaling $1,265,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 9 $715,000 $79,444 $0 0.00%
    $50k or less 9 $795,000 $88,333 $0 0.00%
    $150k-250k 1 $225,000 $225,000 $0 0.00%
    $250k+ 1 $35,000 $35,000 $0 0.00%
    $75k-100k 1 $75,000 $75,000 $0 0.00%

    Community Bank Of Wichita lent most frequently to those with incomes in the $50k-75k range, with 9 originations. The second most popular income band? $50k or less, with 9 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 41 $5,205,000 $126,951 $0 0.00%

    Community Bank Of Wichita lent most frequently to those with DTI ratios of Exempt%, with 41 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 20 $3,360,000 $168,000 $0 0.00%
    White 19 $1,785,000 $93,947 $0 0.00%
    Not provided 2 $60,000 $30,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.80%

    Community Bank Of Wichita has an average approval rate.

    Pick Rate

    Approvals leading to origination
    95.12%

    Community Bank Of Wichita 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 41 $5,205,000 $126,951

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $520,000 $260,000
    Single Family (1-4 Units):Manufactured 3 $285,000 $95,000
    Single Family (1-4 Units):Site-Built 36 $4,400,000 $122,222

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Community Lending of America, Inc. VA mortgage Closing on a mortgage 1 100.0%