Bank Of Crockett Mortgage Rates, Fees & Info

BELLS, TN

LEI: 549300XM1P1O0WI4KO86

Tax ID: 62-0123250

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Review & Overview

Bank Of Crockett is a smaller bank specializing in Home Purchase, Cash Out Refi, and Refi loans. Bank Of Crockett has a high proportion of conventional loans. Their top markets by origination volume include: Jackson, Brownsville, Dyersburg, and Memphis among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

Bank Of Crockett 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.

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.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


Originations

35

Origination Dollar Volume (All Markets)

$6,575,000

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
JACKSON, TN (FHA|USDA|VA) 28 $4,870,000 $173,929 $0 0.00%
Brownsville, TN (FHA|USDA|VA) 3 $925,000 $308,333 $0 0.00%
Dyersburg, TN (FHA|USDA|VA) 3 $405,000 $135,000 $0 0.00%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $375,000 $375,000 $0 0.00%
Bank Of Crockett's top markets include Jackson, Brownsville, Dyersburg, and Memphis among others.

Their top states include:
  • Tennessee (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 35 $6,575,000 $187,857 $0 0.00%

    For 2023, Bank Of Crockett's most frequently originated type of loan was Conventional, with 35 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 13 $2,105,000 $161,923 $0 0.00%
    Cash Out Refi 10 $2,010,000 $201,000 $0 0.00%
    Refi 6 $2,150,000 $358,333 $0 0.00%
    Home Improvement 5 $255,000 $51,000 $0 0.00%
    Other 1 $55,000 $55,000 $0 0.00%

    For 2023, Bank Of Crockett's most frequently cited loan purpose was Home Purchase, with 13 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 35 $6,575,000 $187,857 $0 0.00%

    For 2023, Bank Of Crockett's most frequently cited loan duration was Other, with 35 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 13 $695,000 $53,462 $0 0.00%
    $100k-200k 12 $1,560,000 $130,000 $0 0.00%
    $200k-400k 5 $1,515,000 $303,000 $0 0.00%
    $400k-600k 3 $1,495,000 $498,333 $0 0.00%
    $600k-1MM 2 $1,310,000 $655,000 $0 0.00%

    2023 saw Bank Of Crockett place emphasis on $100,000 or less loans with 13 originations, totaling $695,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 7 $355,000 $50,714 $0 0.00%
    $75k-100k 7 $585,000 $83,571 $0 0.00%
    $100k-150k 6 $980,000 $163,333 $0 0.00%
    $250k+ 6 $2,430,000 $405,000 $0 0.00%
    $150k-250k 4 $1,590,000 $397,500 $0 0.00%
    $50k-75k 2 $190,000 $95,000 $0 0.00%

    Bank Of Crockett lent most frequently to those with incomes in the $50k or less range, with 7 originations. The second most popular income band? $75k-100k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 35 $6,575,000 $187,857 $0 0.00%

    Bank Of Crockett lent most frequently to those with DTI ratios of Exempt%, with 35 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 29 $5,915,000 $203,966 $0 0.00%
    Black 6 $660,000 $110,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.74%

    Bank Of Crockett has an average approval rate.

    Pick Rate

    Approvals leading to origination
    97.14%

    Bank Of Crockett has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 35 $6,575,000 $187,857

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    35 $6,575,000 $187,857