Libertyville Bank & Trust Mortgage Rates, Fees & Info
Rosemont, ILLEI: 01ERPZV3DOLNXY2MLB90
Tax ID: 36-4040565
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Libertyville Bank & Trust is a smaller bank specializing in Refi and Home Purchase loans. Libertyville Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Milwaukee, Naples, Deltona, and Edwards among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Libertyville Bank & Trust has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
82Origination Dollar Volume (All Markets)
$51,060,000Top 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 |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 77 | $43,035,000 | $558,896 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $6,125,000 | $6,125,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $0 | 0.00% |
| Edwards, CO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 82 | $51,060,000 | $622,683 | $0 | 0.00% |
For 2018, Libertyville Bank & Trust's most frequently originated type of loan was Conventional, with 82 originations.
Loan Reason
For 2018, Libertyville Bank & Trust's most frequently cited loan purpose was Refi, with 47 originations. The 2nd most popular reason was Home Purchase, with 30 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 82 | $51,060,000 | $622,683 | $0 | 0.00% |
For 2018, Libertyville Bank & Trust's most frequently cited loan duration was Other, with 82 originations.
Loan Sizing
2018 saw Libertyville Bank & Trust place emphasis on $600k-1MM loans with 19 originations, totaling $14,015,000 in origination value.
Applicant Income
Libertyville Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 13 originations. The second most popular income band? $75k-100k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 82 | $51,060,000 | $622,683 | $0 | 0.00% |
Libertyville Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 82 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.67%
Libertyville Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination93.90%
Libertyville Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 82 | $51,060,000 | $622,683 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 26 | $28,050,000 | $1,078,846 |
| Single Family (1-4 Units):Site-Built | 56 | $23,010,000 | $410,893 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Liberty Home Equity Solutions, Inc. | Reverse mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 50.0% |
| Liberty Home Equity Solutions, Inc. | Reverse mortgage | Struggling to pay mortgage | 1 | 50.0% |