Cedar Rapids Bank And Trust Company Mortgage Rates, Fees & Info
Cedar Rapids, IALEI: PS6WLKTYGZOKK05G5O59
Tax ID: 42-1524302
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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: Pensacola, San Antonio, Phoenix, Lincoln, and Shreveport among others. We have data for 53 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.
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Originations
249Origination Dollar Volume (All Markets)
$814,465,000Top 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 |
|---|---|---|---|---|---|
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 5 | $63,645,000 | $12,729,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $49,770,000 | $24,885,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 3 | $45,965,000 | $15,321,667 | $0 | 0.00% |
| LINCOLN, NE (FHA|USDA|VA) | 2 | $40,500,000 | $20,250,000 | $0 | 0.00% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 4 | $38,990,000 | $9,747,500 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 6 | $38,290,000 | $6,381,667 | $0 | 0.00% |
| CEDAR RAPIDS, IA (FHA|USDA|VA) | 128 | $37,350,000 | $291,797 | $0 | 0.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 4 | $33,920,000 | $8,480,000 | $0 | 0.00% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $32,005,000 | $32,005,000 | $0 | 0.00% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $30,005,000 | $30,005,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $29,485,000 | $9,828,333 | $0 | 0.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $28,505,000 | $28,505,000 | $0 | 0.00% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 4 | $26,290,000 | $6,572,500 | $0 | 0.00% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $25,835,000 | $25,835,000 | $0 | 0.00% |
| Outside of Metro Areas | 11 | $25,025,000 | $2,275,000 | $0 | 0.00% |
| MONROE, LA (FHA|USDA|VA) | 6 | $23,940,000 | $3,990,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $23,145,000 | $23,145,000 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $21,005,000 | $21,005,000 | $0 | 0.00% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 3 | $20,065,000 | $6,688,333 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $15,985,000 | $15,985,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $15,935,000 | $15,935,000 | $0 | 0.00% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 2 | $15,210,000 | $7,605,000 | $0 | 0.00% |
| JACKSON, MS (FHA|USDA|VA) | 2 | $13,810,000 | $6,905,000 | $0 | 0.00% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $13,685,000 | $13,685,000 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $13,505,000 | $13,505,000 | $0 | 0.00% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $12,465,000 | $12,465,000 | $0 | 0.00% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $10,505,000 | $10,505,000 | $0 | 0.00% |
| DUBUQUE, IA (FHA|USDA|VA) | 1 | $10,335,000 | $10,335,000 | $0 | 0.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $6,725,000 | $6,725,000 | $0 | 0.00% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 2 | $5,580,000 | $2,790,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $4,930,000 | $2,465,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $4,275,000 | $4,275,000 | $0 | 0.00% |
| HAMMOND, LA (FHA|USDA|VA) | 3 | $4,275,000 | $1,425,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 2 | $4,170,000 | $2,085,000 | $0 | 0.00% |
| IOWA CITY, IA (FHA|USDA|VA) | 12 | $4,110,000 | $342,500 | $0 | 0.00% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $2,955,000 | $2,955,000 | $0 | 0.00% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $2,905,000 | $2,905,000 | $0 | 0.00% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $2,885,000 | $2,885,000 | $0 | 0.00% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 1 | $2,655,000 | $2,655,000 | $0 | 0.00% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $2,305,000 | $2,305,000 | $0 | 0.00% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $2,005,000 | $2,005,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $1,855,000 | $1,855,000 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 1 | $1,675,000 | $1,675,000 | $0 | 0.00% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 10 | $1,140,000 | $114,000 | $0 | 0.00% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $1,125,000 | $1,125,000 | $0 | 0.00% |
| Malvern, AR (FHA|USDA|VA) | 1 | $955,000 | $955,000 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $925,000 | $925,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 0.00% |
| Quincy, IL-MO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Mason City, IA (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 0.00% |
| Muscatine, IA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 249 | $814,465,000 | $3,270,944 | $0 | 0.00% |
For 2023, Cedar Rapids Bank And Trust Company's most frequently originated type of loan was Conventional, with 249 originations.
Loan Reason
For 2023, Cedar Rapids Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 180 originations. The 2nd most popular reason was Refi, with 39 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 249 | $814,465,000 | $3,270,944 | $0 | 0.00% |
For 2023, Cedar Rapids Bank And Trust Company's most frequently cited loan duration was Other, with 249 originations.
Loan Sizing
2023 saw Cedar Rapids Bank And Trust Company place emphasis on $1MM+ loans with 77 originations, totaling $777,805,000 in origination value.
Applicant Income
Cedar Rapids Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 30 originations. The second most popular income band? $50k or less, with 29 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 249 | $814,465,000 | $3,270,944 | $0 | 0.00% |
Cedar Rapids Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 249 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.91%
Cedar Rapids Bank And Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination84.34%
Cedar Rapids Bank And Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 249 | $814,465,000 | $3,270,944 |