Hancock Bank & Trust Company Mortgage Rates, Fees & Info
Hawesville, KYLEI: 549300WO2LB77U820925
Tax ID: 61-0220050
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Mortgage Data
Review & Overview
Hancock Bank & Trust Company is a smaller bank specializing in Refi and Home Purchase loans. Hancock Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Bowling Green, Madisonville, Owensboro, Glasgow, and Miami among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)Hancock Bank & Trust Company 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
179Origination Dollar Volume (All Markets)
$37,985,000Top 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 |
---|---|---|---|---|---|
BOWLING GREEN, KY (FHA|USDA|VA) | 67 | $18,945,000 | $282,761 | $0 | 0.00% |
Madisonville, KY (FHA|USDA|VA) | 58 | $8,540,000 | $147,241 | $0 | 0.00% |
Outside of Metro Areas | 15 | $2,265,000 | $151,000 | $0 | 0.00% |
OWENSBORO, KY (FHA|USDA|VA) | 15 | $1,555,000 | $103,667 | $0 | 0.00% |
Glasgow, KY (FHA|USDA|VA) | 5 | $1,215,000 | $243,000 | $0 | 0.00% |
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $0 | 0.00% |
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $1,030,000 | $515,000 | $0 | 0.00% |
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $0 | 0.00% |
EVANSVILLE, IN-KY (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 0.00% |
LOUISVILLE, KY (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 0.00% |
CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 0.00% |
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Mayfield, KY (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 179 | $37,985,000 | $212,207 | $0 | 0.00% |
For 2021, Hancock Bank & Trust Company's most frequently originated type of loan was Conventional, with 179 originations.
Loan Reason
For 2021, Hancock Bank & Trust Company's most frequently cited loan purpose was Refi, with 81 originations. The 2nd most popular reason was Home Purchase, with 58 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 179 | $37,985,000 | $212,207 | $0 | 0.00% |
For 2021, Hancock Bank & Trust Company's most frequently cited loan duration was Other, with 179 originations.
Loan Sizing
2021 saw Hancock Bank & Trust Company place emphasis on $100k-200k loans with 56 originations, totaling $7,900,000 in origination value.
Applicant Income
Hancock Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 32 originations. The second most popular income band? $50k-75k, with 29 originations.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Exempt% | 179 | $37,985,000 | $212,207 | $0 | 0.00% |
Hancock Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 179 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.38%
Hancock Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination91.62%
Hancock Bank & Trust Company has an average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
Exempt | 179 | $37,985,000 | $212,207 |
Complaints
Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
HANCOCK WHITNEY BANK | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 42.9% |
HANCOCK WHITNEY BANK | Conventional home mortgage | Closing on a mortgage | 1 | 14.3% |
HANCOCK WHITNEY BANK | Conventional home mortgage | Trouble during payment process | 1 | 14.3% |
HANCOCK WHITNEY BANK | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 1 | 14.3% |
HANCOCK WHITNEY BANK | Other type of mortgage | Trouble during payment process | 1 | 14.3% |
Bank Details
Branches
Bank Name | Branch | Branch Type | Deposits (000's) |
---|---|---|---|
Hancock Bank & Trust Company | 102 West Main Street Cloverport, KY 40111 | Full Service B&M | $32,413 |
Hancock Bank & Trust Company | 1025 Fairview Avenue Bowling Green, KY 42103 | Full Service B&M | $1,967 |
Hancock Bank & Trust Company | 220 Main Street Hawesville, KY 42348 | Full Service B&M | $98,540 |
Hancock Bank & Trust Company | 240 S. Main Street Madisonville, KY 42431 | Full Service B&M | $34,381 |
Hancock Bank & Trust Company | 2420 North Main Street Madisonville, KY 42431 | Full Service B&M | $58,541 |
Hancock Bank & Trust Company | 2501 Crossings Blvd Bowling Green, KY 42104 | Full Service B&M | $29,255 |
Hancock Bank & Trust Company | U.S. Highway 60 East Lewisport, KY 42351 | Full Service B&M | $29,434 |
For 2021, Hancock Bank & Trust Company had 7 branches.