Bank Of Weston Mortgage Rates, Fees & Info
Weston, MOLEI: 549300Y61M2X3WRROA86
Tax ID: 44-0162480
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bank Of Weston is a smaller bank specializing in Other loans. Bank Of Weston has a high proportion of conventional loans. Their top two markets are Kansas City and St. Joseph .Bank Of Weston has an above average approval rate when compared to the average across all lenders.
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Originations
20Origination Dollar Volume (All Markets)
$3,150,000Top 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 |
|---|---|---|---|---|---|
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 15 | $2,785,000 | $185,667 | $0 | 0.00% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 5 | $365,000 | $73,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 20 | $3,150,000 | $157,500 | $0 | 0.00% |
For 2023, Bank Of Weston's most frequently originated type of loan was Conventional, with 20 originations.
Loan Reason
For 2023, Bank Of Weston's most frequently cited loan purpose was Other, with 8 originations. The 2nd most popular reason was Home Purchase, with 4 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 20 | $3,150,000 | $157,500 | $0 | 0.00% |
For 2023, Bank Of Weston's most frequently cited loan duration was Other, with 20 originations.
Loan Sizing
2023 saw Bank Of Weston place emphasis on $100k-200k loans with 9 originations, totaling $1,455,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 4 | $530,000 | $132,500 | $0 | 0.00% |
| $150k-250k | 3 | $535,000 | $178,333 | $0 | 0.00% |
Bank Of Weston lent most frequently to those with incomes in the $100k-150k range, with 4 originations. The second most popular income band? $150k-250k, with 3 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 20 | $3,150,000 | $157,500 | $0 | 0.00% |
Bank Of Weston lent most frequently to those with DTI ratios of Exempt%, with 20 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 18 | $2,830,000 | $157,222 | $0 | 0.00% |
| Not provided | 2 | $320,000 | $160,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications100.00%
Bank Of Weston has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 20 | $3,150,000 | $157,500 |