Murphy-wall State Bank And Trust Company Mortgage Rates, Fees & Info
Pinckneyville, ILLEI: 2549006I89JVMC44TE62
Tax ID: 37-0433210
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Mortgage Data
Review & Overview
Murphy-wall State Bank And Trust Company is a smaller bank specializing in Home Purchase loans. Murphy-wall State Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Carbondale, Chicago, and Houston among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Murphy-wall State Bank And Trust Company 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
68Origination Dollar Volume (All Markets)
$8,990,000Top 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 |
|---|---|---|---|---|---|
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 34 | $4,410,000 | $129,706 | $0 | 0.00% |
| Outside of Metro Areas | 31 | $4,045,000 | $130,484 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 68 | $8,990,000 | $132,206 | $0 | 0.00% |
For 2023, Murphy-wall State Bank And Trust Company's most frequently originated type of loan was Conventional, with 68 originations.
Loan Reason
For 2023, Murphy-wall State Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 39 originations. The 2nd most popular reason was Other, with 10 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 68 | $8,990,000 | $132,206 | $0 | 0.00% |
For 2023, Murphy-wall State Bank And Trust Company's most frequently cited loan duration was Other, with 68 originations.
Loan Sizing
2023 saw Murphy-wall State Bank And Trust Company place emphasis on $100,000 or less loans with 37 originations, totaling $1,895,000 in origination value.
Applicant Income
Murphy-wall State Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $75k-100k, with 12 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 68 | $8,990,000 | $132,206 | $0 | 0.00% |
Murphy-wall State Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 68 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.85%
Murphy-wall State Bank And Trust Company has a below average approval rate.
Pick Rate
Approvals leading to origination76.47%
Murphy-wall State Bank And Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 68 | $8,990,000 | $132,206 |