Guthrie County State Bank Mortgage Rates, Fees & Info

Panora, IA

LEI: 549300VI416LTAV9J614

Tax ID: 42-1193052

Latest/2024 | 2023 Data | 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
  • Similar Lenders
  • 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

    Guthrie County State Bank is a smaller bank specializing in Home Purchase loans. Guthrie County State Bank has a high proportion of conventional loans. Their top (well, only) market is Des Moines.

    Guthrie County State Bank has an above average approval rate when compared to the average across all lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    45

    Origination Dollar Volume (All Markets)

    $8,535,000

    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
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 40 $7,200,000 $180,000 $0 0.00%
    Outside of Metro Areas 5 $1,335,000 $267,000 $0 0.00%
    Guthrie County State Bank's top markets include and Des Moines among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Guthrie County State Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Bank
    Similarity Rank: 42
    FINANCIAL PLUS Credit Union
    Similarity Rank: 72
    Bankers Trust Company
    Similarity Rank: 180
    GREATER IOWA CREDIT UNION
    Similarity Rank: 187
    Farmers State Bank
    Similarity Rank: 276
    Tradesmen Community Credit Union
    Similarity Rank: 360
    Luana Savings Bank
    Similarity Rank: 399
    Collins Community Credit Union
    Similarity Rank: 442
    Community Choice Credit Union
    Similarity Rank: 510
    Premier Credit Union
    Similarity Rank: 656

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 45 $8,535,000 $189,667 $0 0.00%

    For 2024, Guthrie County State Bank's most frequently originated type of loan was Conventional, with 45 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 26 $5,630,000 $216,538 $0 0.00%
    Other 9 $1,035,000 $115,000 $0 0.00%
    Home Improvement 7 $1,505,000 $215,000 $0 0.00%
    Refi 3 $365,000 $121,667 $0 0.00%

    For 2024, Guthrie County State Bank's most frequently cited loan purpose was Home Purchase, with 26 originations. The 2nd most popular reason was Other, with 9 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 45 $8,535,000 $189,667 $0 0.00%

    For 2024, Guthrie County State Bank's most frequently cited loan duration was Other, with 45 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 17 $835,000 $49,118 $0 0.00%
    $100k-200k 13 $1,915,000 $147,308 $0 0.00%
    $200k-400k 11 $3,335,000 $303,182 $0 0.00%
    $400k-600k 2 $1,060,000 $530,000 $0 0.00%
    $600k-1MM 2 $1,390,000 $695,000 $0 0.00%

    2024 saw Guthrie County State Bank place emphasis on $100,000 or less loans with 17 originations, totaling $835,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 12 $3,030,000 $252,500 $0 0.00%
    $50k-75k 9 $795,000 $88,333 $0 0.00%
    $100k-150k 6 $790,000 $131,667 $0 0.00%
    $250k+ 5 $2,345,000 $469,000 $0 0.00%
    $50k or less 5 $585,000 $117,000 $0 0.00%
    $75k-100k 4 $510,000 $127,500 $0 0.00%

    Guthrie County State Bank lent most frequently to those with incomes in the $150k-250k range, with 12 originations. The second most popular income band? $50k-75k, with 9 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 45 $8,535,000 $189,667 $0 0.00%

    Guthrie County State Bank lent most frequently to those with DTI ratios of Exempt%, with 45 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 40 $7,940,000 $198,500 $0 0.00%
    Not applicable 4 $480,000 $120,000 $0 0.00%
    Not provided 1 $115,000 $115,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    Guthrie County State Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 45 $8,535,000 $189,667

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    45 $8,535,000 $189,667