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: Sebring, Lakeland, Tampa, Wauchula, and Punta Gorda among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Wauchula State Bank has an 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
104Origination Dollar Volume (All Markets)
$26,560,000Top 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 |
|---|---|---|---|---|---|
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 39 | $7,765,000 | $199,103 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 21 | $5,275,000 | $251,190 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 9 | $4,625,000 | $513,889 | $0 | 0.00% |
| Wauchula, FL (FHA|USDA|VA) | 14 | $2,490,000 | $177,857 | $0 | 0.00% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 10 | $1,530,000 | $153,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $1,240,000 | $620,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $970,000 | $485,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| Arcadia, FL (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 104 | $26,560,000 | $255,385 | $0 | 0.00% |
For 2022, Wauchula State Bank's most frequently originated type of loan was Conventional, with 104 originations.
Loan Reason
For 2022, Wauchula State Bank's most frequently cited loan purpose was Home Purchase, with 53 originations. The 2nd most popular reason was Cash Out Refi, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 104 | $26,560,000 | $255,385 | $0 | 0.00% |
For 2022, Wauchula State Bank's most frequently cited loan duration was Other, with 104 originations.
Loan Sizing
2022 saw Wauchula State Bank place emphasis on $100k-200k loans with 33 originations, totaling $4,735,000 in origination value.
Applicant Income
Wauchula State Bank lent most frequently to those with incomes in the $50k-75k range, with 21 originations. The second most popular income band? $50k or less, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 104 | $26,560,000 | $255,385 | $0 | 0.00% |
Wauchula State Bank lent most frequently to those with DTI ratios of Exempt%, with 104 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications83.92%
Wauchula State Bank has a below average approval rate.
Pick Rate
Approvals leading to origination84.62%
Wauchula State Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 104 | $26,560,000 | $255,385 |