Cedar Rapids Bank And Trust Company Mortgage Rates, Fees & Info
Cedar Rapids, IALEI: PS6WLKTYGZOKK05G5O59
Tax ID: 42-1524302
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Cedar Rapids Bank And Trust Company is a smaller bank specializing in Home Purchase loans. Cedar Rapids Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Oklahoma City, Houston, Austin, Kansas City, and Columbus among others. We have data for 47 markets. (Some data included below & more in-depth data is available with an active subscription.)Cedar Rapids Bank And Trust Company 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.
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
210Origination Dollar Volume (All Markets)
$637,610,000Top 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 |
|---|---|---|---|---|---|
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $63,010,000 | $31,505,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $55,770,000 | $27,885,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $45,010,000 | $22,505,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $42,510,000 | $21,255,000 | $0 | 0.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 3 | $29,835,000 | $9,945,000 | $0 | 0.00% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $28,005,000 | $28,005,000 | $0 | 0.00% |
| CEDAR RAPIDS, IA (FHA|USDA|VA) | 115 | $26,995,000 | $234,739 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $26,840,000 | $13,420,000 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $25,815,000 | $5,163,000 | $0 | 0.00% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 20 | $23,820,000 | $1,191,000 | $0 | 0.00% |
| LAS CRUCES, NM (FHA|USDA|VA) | 2 | $23,680,000 | $11,840,000 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $21,175,000 | $21,175,000 | $0 | 0.00% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $20,785,000 | $20,785,000 | $0 | 0.00% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 2 | $20,610,000 | $10,305,000 | $0 | 0.00% |
| SAN ANGELO, TX (FHA|USDA|VA) | 1 | $19,555,000 | $19,555,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $18,615,000 | $6,205,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $17,955,000 | $17,955,000 | $0 | 0.00% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $16,505,000 | $16,505,000 | $0 | 0.00% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $13,805,000 | $13,805,000 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $13,745,000 | $13,745,000 | $0 | 0.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $11,460,000 | $5,730,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $7,495,000 | $7,495,000 | $0 | 0.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $6,675,000 | $6,675,000 | $0 | 0.00% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $5,025,000 | $5,025,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $4,905,000 | $4,905,000 | $0 | 0.00% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $4,795,000 | $4,795,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $4,480,000 | $2,240,000 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 2 | $4,030,000 | $2,015,000 | $0 | 0.00% |
| Muscatine, IA (FHA|USDA|VA) | 5 | $3,835,000 | $767,000 | $0 | 0.00% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 2 | $3,640,000 | $1,820,000 | $0 | 0.00% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $3,105,000 | $3,105,000 | $0 | 0.00% |
| Brenham, TX (FHA|USDA|VA) | 1 | $3,015,000 | $3,015,000 | $0 | 0.00% |
| Rolla, MO (FHA|USDA|VA) | 1 | $2,855,000 | $2,855,000 | $0 | 0.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $2,835,000 | $2,835,000 | $0 | 0.00% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $2,795,000 | $2,795,000 | $0 | 0.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $2,705,000 | $2,705,000 | $0 | 0.00% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $2,325,000 | $2,325,000 | $0 | 0.00% |
| IOWA CITY, IA (FHA|USDA|VA) | 8 | $1,700,000 | $212,500 | $0 | 0.00% |
| Opelousas, LA (FHA|USDA|VA) | 1 | $1,645,000 | $1,645,000 | $0 | 0.00% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $1,375,000 | $1,375,000 | $0 | 0.00% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 1 | $1,305,000 | $1,305,000 | $0 | 0.00% |
| Hutchinson, MN (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| Mason City, IA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Ottawa, KS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 210 | $637,610,000 | $3,036,238 | $0 | 0.00% |
For 2024, Cedar Rapids Bank And Trust Company's most frequently originated type of loan was Conventional, with 210 originations.
Loan Reason
For 2024, Cedar Rapids Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 168 originations. The 2nd most popular reason was Refi, with 25 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 210 | $637,610,000 | $3,036,238 | $0 | 0.00% |
For 2024, Cedar Rapids Bank And Trust Company's most frequently cited loan duration was Other, with 210 originations.
Loan Sizing
2024 saw Cedar Rapids Bank And Trust Company place emphasis on $100k-200k loans with 61 originations, totaling $9,215,000 in origination value.
Applicant Income
Cedar Rapids Bank And Trust Company lent most frequently to those with incomes in the $50k or less range, with 25 originations. The second most popular income band? $75k-100k, with 25 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 210 | $637,610,000 | $3,036,238 | $0 | 0.00% |
Cedar Rapids Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 210 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.29%
Cedar Rapids Bank And Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination85.24%
Cedar Rapids Bank And Trust Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 210 | $637,610,000 | $3,036,238 |