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, Janesville, Springfield, Whitewater, and Hilton Head Island among others. We have data for 7 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
81Origination Dollar Volume (All Markets)
$60,535,000Top 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) | 73 | $55,885,000 | $765,548 | $0 | 0.00% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 2 | $1,350,000 | $675,000 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $1,075,000 | $1,075,000 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 2 | $940,000 | $470,000 | $0 | 0.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $0 | 0.00% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 81 | $60,535,000 | $747,346 | $0 | 0.00% |
For 2019, Libertyville Bank & Trust's most frequently originated type of loan was Conventional, with 81 originations.
Loan Reason
For 2019, Libertyville Bank & Trust's most frequently cited loan purpose was Refi, with 38 originations. The 2nd most popular reason was Home Purchase, with 36 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 81 | $60,535,000 | $747,346 | $0 | 0.00% |
For 2019, Libertyville Bank & Trust's most frequently cited loan duration was Other, with 81 originations.
Loan Sizing
2019 saw Libertyville Bank & Trust place emphasis on $600k-1MM loans with 18 originations, totaling $13,760,000 in origination value.
Applicant Income
Libertyville Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 11 originations. The second most popular income band? $150k-250k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 81 | $60,535,000 | $747,346 | $0 | 0.00% |
Libertyville Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 81 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.80%
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 origination91.36%
Libertyville Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 81 | $60,535,000 | $747,346 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 27 | $37,195,000 | $1,377,593 |
| Single Family (1-4 Units):Site-Built | 54 | $23,340,000 | $432,222 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Liberty Finance Co., Inc. | Conventional home mortgage | Struggling to pay mortgage | 1 | 100.0% |