Wauchula State Bank Mortgage Rates, Fees & Info
Wauchula, FLLEI: 549300ZW96EO7YCGVV43
Tax ID: 59-0500870
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Wauchula State Bank is a smaller bank specializing in Home Purchase loans. Wauchula State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Punta Gorda, North Port, Tampa, Orlando, and Sebring among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)Wauchula State Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
185Origination Dollar Volume (All Markets)
$78,175,000Top 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 |
|---|---|---|---|---|---|
| PUNTA GORDA, FL (FHA|USDA|VA) | 81 | $32,585,000 | $402,284 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 27 | $9,375,000 | $347,222 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 11 | $8,595,000 | $781,364 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $5,130,000 | $2,565,000 | $0 | 0.00% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 20 | $4,810,000 | $240,500 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 12 | $4,480,000 | $373,333 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 6 | $3,800,000 | $633,333 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 6 | $3,680,000 | $613,333 | $0 | 0.00% |
| OCALA, FL (FHA|USDA|VA) | 2 | $1,840,000 | $920,000 | $0 | 0.00% |
| Arcadia, FL (FHA|USDA|VA) | 6 | $1,370,000 | $228,333 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 0.00% |
| Wauchula, FL (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $0 | 0.00% |
| Okeechobee, FL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 185 | $78,175,000 | $422,568 | $0 | 0.00% |
For 2023, Wauchula State Bank's most frequently originated type of loan was Conventional, with 185 originations.
Loan Reason
For 2023, Wauchula State Bank's most frequently cited loan purpose was Home Purchase, with 124 originations. The 2nd most popular reason was Refi, with 30 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 185 | $78,175,000 | $422,568 | $0 | 0.00% |
For 2023, Wauchula State Bank's most frequently cited loan duration was Other, with 185 originations.
Loan Sizing
2023 saw Wauchula State Bank place emphasis on $200k-400k loans with 66 originations, totaling $18,630,000 in origination value.
Applicant Income
Wauchula State Bank lent most frequently to those with incomes in the $250k+ range, with 40 originations. The second most popular income band? $150k-250k, with 29 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 185 | $78,175,000 | $422,568 | $0 | 0.00% |
Wauchula State Bank lent most frequently to those with DTI ratios of Exempt%, with 185 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.76%
Wauchula State Bank has an average approval rate.
Pick Rate
Approvals leading to origination77.84%
Wauchula State Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 185 | $78,175,000 | $422,568 |