Conway Bank Mortgage Rates, Fees & Info
Wichita, KSLEI: 549300XXQGH86HT5JF25
Tax ID: 48-0180195
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Conway Bank is a smaller bank specializing in Cash Out Refi, Refi, and Home Purchase loans. Conway Bank has a high proportion of conventional loans. Their top markets by origination volume include: Wichita, North Port, Hutchinson, and Winfield among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Conway 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
38Origination Dollar Volume (All Markets)
$4,870,000Top 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 |
|---|---|---|---|---|---|
| WICHITA, KS (FHA|USDA|VA) | 33 | $3,905,000 | $118,333 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $320,000 | $160,000 | $0 | 0.00% |
| Hutchinson, KS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Winfield, KS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 38 | $4,870,000 | $128,158 | $0 | 0.00% |
For 2024, Conway Bank's most frequently originated type of loan was Conventional, with 38 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Cash Out Refi | 15 | $2,185,000 | $145,667 | $0 | 0.00% |
| Refi | 13 | $1,515,000 | $116,538 | $0 | 0.00% |
| Home Purchase | 10 | $1,170,000 | $117,000 | $0 | 0.00% |
For 2024, Conway Bank's most frequently cited loan purpose was Cash Out Refi, with 15 originations. The 2nd most popular reason was Refi, with 13 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 38 | $4,870,000 | $128,158 | $0 | 0.00% |
For 2024, Conway Bank's most frequently cited loan duration was Other, with 38 originations.
Loan Sizing
2024 saw Conway Bank place emphasis on $100k-200k loans with 18 originations, totaling $2,570,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $50k-75k | 2 | $190,000 | $95,000 | $0 | 0.00% |
| $100k-150k | 1 | $55,000 | $55,000 | $0 | 0.00% |
| $50k or less | 1 | $65,000 | $65,000 | $0 | 0.00% |
Conway Bank lent most frequently to those with incomes in the $50k-75k range, with 2 originations. The second most popular income band? $100k-150k, with 1 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 38 | $4,870,000 | $128,158 | $0 | 0.00% |
Conway Bank lent most frequently to those with DTI ratios of Exempt%, with 38 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 34 | $4,560,000 | $134,118 | $0 | 0.00% |
| White | 4 | $310,000 | $77,500 | $0 | 0.00% |
Approval Rates
Total approvals of all applications95.45%
Conway Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination94.74%
Conway Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 38 | $4,870,000 | $128,158 |