Bank Of Crockett Mortgage Rates, Fees & Info
BELLS, TNLEI: 549300XM1P1O0WI4KO86
Tax ID: 62-0123250
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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.
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Originations
35Origination Dollar Volume (All Markets)
$6,575,000Top 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 |
|---|---|---|---|---|---|
| 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% |
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
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
2023 saw Bank Of Crockett place emphasis on $100,000 or less loans with 13 originations, totaling $695,000 in origination value.
Applicant Income
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 applications94.74%
Bank Of Crockett has an average approval rate.
Pick Rate
Approvals leading to origination97.14%
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 |