Community Bank Of Wichita Mortgage Rates, Fees & Info
Wichita, KSLEI: 549300UTNHGSP4ICJE17
Tax ID: 48-1242609
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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 markets by origination volume include: Wichita, Phoenix, and Winfield among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Community Bank Of Wichita 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
50Origination Dollar Volume (All Markets)
$7,290,000Top 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 | $6,340,000 | $137,826 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $520,000 | $260,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Winfield, KS (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 50 | $7,290,000 | $145,800 | $0 | 0.00% |
For 2019, Community Bank Of Wichita's most frequently originated type of loan was Conventional, with 50 originations.
Loan Reason
For 2019, Community Bank Of Wichita's most frequently cited loan purpose was Home Purchase, with 28 originations. The 2nd most popular reason was Refi, with 13 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 50 | $7,290,000 | $145,800 | $0 | 0.00% |
For 2019, Community Bank Of Wichita's most frequently cited loan duration was Other, with 50 originations.
Loan Sizing
2019 saw Community Bank Of Wichita place emphasis on $100,000 or less loans with 26 originations, totaling $1,360,000 in origination value.
Applicant Income
Community Bank Of Wichita lent most frequently to those with incomes in the $50k or less range, with 7 originations. The second most popular income band? $100k-150k, with 5 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 50 | $7,290,000 | $145,800 | $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 applications100.00%
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 origination98.00%
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 | 50 | $7,290,000 | $145,800 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 3 | $1,095,000 | $365,000 |
| Single Family (1-4 Units):Site-Built | 47 | $6,195,000 | $131,809 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| COMMUNITY BANK SYSTEM, INC. | Conventional home mortgage | Closing on a mortgage | 1 | 20.0% |
| COMMUNITY BANK SYSTEM, INC. | Conventional home mortgage | Trouble during payment process | 3 | 60.0% |
| COMMUNITY BANK SYSTEM, INC. | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 20.0% |