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
Jump to:
Mortgage Data
Review & Overview
Bank Of Crockett is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Bank Of Crockett has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top two markets are Jackson and Brownsville .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
47Origination Dollar Volume (All Markets)
$4,775,000Top 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) | 42 | $4,360,000 | $103,810 | $0 | 0.00% |
| Brownsville, TN (FHA|USDA|VA) | 4 | $360,000 | $90,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 44 | $4,230,000 | $96,136 | $0 | 0.00% |
| USDA | 2 | $180,000 | $90,000 | $0 | 0.00% |
| VA | 1 | $365,000 | $365,000 | $0 | 0.00% |
For 2019, Bank Of Crockett's most frequently originated type of loan was Conventional, with 44 originations. Their 2nd most popular type was USDA, with 2 originations.
Loan Reason
For 2019, Bank Of Crockett's most frequently cited loan purpose was Home Purchase, with 32 originations. The 2nd most popular reason was Cash Out Refi, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 47 | $4,775,000 | $101,596 | $0 | 0.00% |
For 2019, Bank Of Crockett's most frequently cited loan duration was Other, with 47 originations.
Loan Sizing
2019 saw Bank Of Crockett place emphasis on $100,000 or less loans with 31 originations, totaling $1,765,000 in origination value.
Applicant Income
Bank Of Crockett lent most frequently to those with incomes in the $75k-100k range, with 13 originations. The second most popular income band? $50k-75k, with 10 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 47 | $4,775,000 | $101,596 | $0 | 0.00% |
Bank Of Crockett lent most frequently to those with DTI ratios of Exempt%, with 47 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 43 | $4,585,000 | $106,628 | $0 | 0.00% |
| Black | 4 | $190,000 | $47,500 | $0 | 0.00% |
Approval Rates
Total approvals of all applications92.31%
Bank Of Crockett has an average approval rate.
Pick Rate
Approvals leading to origination97.87%
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 | 47 | $4,775,000 | $101,596 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| BANK OF THE WEST | Conventional home mortgage | Struggling to pay mortgage | 1 | 7.1% |
| BANK OF THE WEST | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
| BANK OF THE WEST | Other type of mortgage | Trouble during payment process | 1 | 7.1% |
| BANK OF THE WEST | Other type of mortgage | Closing on a mortgage | 1 | 7.1% |
| BANK OF THE WEST | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Trouble during payment process | 2 | 14.3% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
| BANK OF THE WEST | Conventional home mortgage | Trouble during payment process | 6 | 42.9% |