New Century Bank Mortgage Rates, Fees & Info
Belleville, KSLEI: 549300W6UP8EY0KSBG85
Tax ID: 48-0345880
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Mortgage Data
Review & Overview
New Century Bank is a smaller bank specializing in Home Purchase loans. New Century Bank has a high proportion of conventional loans. Their top markets by origination volume include: Denver, Atlanta, Manhattan, Sioux Falls, and Sheridan among others. We have data for 28 markets. (Some data included below & more in-depth data is available with an active subscription.)New Century Bank has an above average approval rate when compared to the average across all lenders.
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Originations
46Origination Dollar Volume (All Markets)
$20,730,000Top 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 |
|---|---|---|---|---|---|
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 4 | $3,030,000 | $757,500 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $2,730,000 | $455,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 3 | $1,765,000 | $588,333 | $0 | 0.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 4 | $1,530,000 | $382,500 | $0 | 0.00% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 1 | $1,145,000 | $1,145,000 | $0 | 0.00% |
| Sheridan, WY (FHA|USDA|VA) | 1 | $1,095,000 | $1,095,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $0 | 0.00% |
| TOPEKA, KS (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $0 | 0.00% |
| Torrington, CT (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $0 | 0.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 0.00% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| Ottawa, KS (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Troy, AL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| LAWRENCE, KS (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Ada, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Ponca City, OK (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 46 | $20,730,000 | $450,652 | $0 | 0.00% |
For 2023, New Century Bank's most frequently originated type of loan was Conventional, with 46 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 45 | $20,495,000 | $455,444 | $0 | 0.00% |
| Refi | 1 | $235,000 | $235,000 | $0 | 0.00% |
For 2023, New Century Bank's most frequently cited loan purpose was Home Purchase, with 45 originations. The 2nd most popular reason was Refi, with 1 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 46 | $20,730,000 | $450,652 | $0 | 0.00% |
For 2023, New Century Bank's most frequently cited loan duration was Other, with 46 originations.
Loan Sizing
2023 saw New Century Bank place emphasis on $200k-400k loans with 23 originations, totaling $6,995,000 in origination value.
Applicant Income
New Century Bank lent most frequently to those with incomes in the $100k-150k range, with 12 originations. The second most popular income band? $250k+, with 12 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 46 | $20,730,000 | $450,652 | $0 | 0.00% |
New Century Bank lent most frequently to those with DTI ratios of Exempt%, with 46 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
New Century 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 originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 46 | $20,730,000 | $450,652 |