Acb Bank Mortgage Rates, Fees & Info
Cherokee, OKLEI: 549300WPD0RUUTUL5H65
Tax ID: 73-0123600
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Mortgage Data
Review & Overview
Acb Bank is a smaller bank specializing in Home Purchase loans. Acb Bank has a high proportion of conventional loans. Their top markets by origination volume include: Enid, Amarillo, Oklahoma City, Joplin, and Woodward among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Acb Bank 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
41Origination Dollar Volume (All Markets)
$4,675,000Top 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 |
|---|---|---|---|---|---|
| ENID, OK (FHA|USDA|VA) | 14 | $2,150,000 | $153,571 | $0 | 0.00% |
| Outside of Metro Areas | 16 | $1,030,000 | $64,375 | $0 | 0.00% |
| AMARILLO, TX (FHA|USDA|VA) | 4 | $740,000 | $185,000 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $0 | 0.00% |
| JOPLIN, MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Woodward, OK (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Ponca City, OK (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| TULSA, OK (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 | 41 | $4,675,000 | $114,024 | $0 | 0.00% |
For 2018, Acb Bank's most frequently originated type of loan was Conventional, with 41 originations.
Loan Reason
For 2018, Acb Bank's most frequently cited loan purpose was Home Purchase, with 35 originations. The 2nd most popular reason was Refi, with 3 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 41 | $4,675,000 | $114,024 | $0 | 0.00% |
For 2018, Acb Bank's most frequently cited loan duration was Other, with 41 originations.
Loan Sizing
2018 saw Acb Bank place emphasis on $100,000 or less loans with 24 originations, totaling $1,220,000 in origination value.
Applicant Income
Acb Bank lent most frequently to those with incomes in the $75k-100k range, with 8 originations. The second most popular income band? $50k-75k, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 41 | $4,675,000 | $114,024 | $0 | 0.00% |
Acb Bank lent most frequently to those with DTI ratios of Exempt%, with 41 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.62%
Acb Bank has an average approval rate.
Pick Rate
Approvals leading to origination92.68%
Acb Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 41 | $4,675,000 | $114,024 |