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 and Refi loans. Acb Bank has a high proportion of conventional loans. Their top markets by origination volume include: Enid, Ponca City, and Stillwater among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Acb Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
37Origination Dollar Volume (All Markets)
$7,835,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 23 | $4,015,000 | $174,565 | $0 | 0.00% |
| ENID, OK (FHA|USDA|VA) | 12 | $2,330,000 | $194,167 | $0 | 0.00% |
| Ponca City, OK (FHA|USDA|VA) | 1 | $1,065,000 | $1,065,000 | $0 | 0.00% |
| Stillwater, OK (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 37 | $7,835,000 | $211,757 | $0 | 0.00% |
For 2019, Acb Bank's most frequently originated type of loan was Conventional, with 37 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 23 | $4,335,000 | $188,478 | $0 | 0.00% |
| Cash Out Refi | 10 | $1,170,000 | $117,000 | $0 | 0.00% |
| Refi | 4 | $2,330,000 | $582,500 | $0 | 0.00% |
For 2019, Acb Bank's most frequently cited loan purpose was Home Purchase, with 23 originations. The 2nd most popular reason was Cash Out Refi, with 10 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 37 | $7,835,000 | $211,757 | $0 | 0.00% |
For 2019, Acb Bank's most frequently cited loan duration was Other, with 37 originations.
Loan Sizing
2019 saw Acb Bank place emphasis on $100,000 or less loans with 14 originations, totaling $730,000 in origination value.
Applicant Income
Acb Bank lent most frequently to those with incomes in the $75k-100k range, with 11 originations. The second most popular income band? $100k-150k, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 37 | $7,835,000 | $211,757 | $0 | 0.00% |
Acb Bank lent most frequently to those with DTI ratios of Exempt%, with 37 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.23%
Acb Bank has an average approval rate.
Pick Rate
Approvals leading to origination89.19%
Acb Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 37 | $7,835,000 | $211,757 |