Stillman Banccorp N.a. Mortgage Rates, Fees & Info

Stillman Valley, IL

LEI: 2549006L3U88MNTL7K26

Tax ID: 36-1828310

5 stars - out of 5 stars, based on 16 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Stillman Banccorp N.a. is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Stillman Banccorp N.a. has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Rockford, Rochelle, Janesville, Chicago, and Freeport among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

Stillman Banccorp N.a. 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. Stillman Banccorp N.a. is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

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.


SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.95% 4/2/23
30 Year Conventional Refi 6.43% 4/2/23
30 Year Cash-out Refi 6.69% 4/2/23
30 Year FHA Purchase 7.30% 4/2/23
30 Year USDA Purchase 7.04% 4/2/23
15 Year Conventional Purchase 6.64% 4/2/23
15 Year Conventional Refi 6.03% 4/2/23
15 Year Cash-out Refi 6.03% 4/2/23
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Stillman Banccorp N.a. Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Stillman Banccorp N.a.. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.



Originations

260

Origination Dollar Volume (All Markets)

$38,560,000

Awards

Stillman BancCorp N.A. 30 Year Conventional Loans bronze Stillman BancCorp N.A. 30 Year Conventional Loans gold Stillman BancCorp N.A. 30 Year Conventional Loans gold
Show all (3) awards

Relative Rate

Stillman Banccorp N.a.'s average 30 year fixed mortgage rate was 5.23%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.47%.

Relative Fees (Closing Costs)

Stillman Banccorp N.a.'s average total fees/closing costs for a 30 year fixed rate mortgage were $2,740.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

Top 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
ROCKFORD, IL (FHA|USDA|VA) 146 $20,760,000 $142,192 $2,323 5.24%
Rochelle, IL (FHA|USDA|VA) 83 $10,025,000 $120,783 $2,049 5.14%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 4 $2,520,000 $630,000 $2,358 5.24%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 9 $2,215,000 $246,111 $5,089 4.77%
Outside of Metro Areas 3 $755,000 $251,667 $2,349 5.08%
Freeport, IL (FHA|USDA|VA) 3 $425,000 $141,667 $1,965 4.22%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $405,000 $405,000 $2,075 6.59%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $285,000 $285,000 $2,639 6.38%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $265,000 $265,000 $4,008 3.15%
Sterling, IL (FHA|USDA|VA) 2 $210,000 $105,000 $1,913 4.44%
Houghton, MI (FHA|USDA|VA) 1 $195,000 $195,000 $2,365 3.95%
COLUMBIA, SC (FHA|USDA|VA) 1 $185,000 $185,000 $2,274 3.75%
KANKAKEE, IL (FHA|USDA|VA) 1 $165,000 $165,000 $1,727 5.63%
Dixon, IL (FHA|USDA|VA) 4 $150,000 $37,500 $845 5.65%
Stillman Banccorp N.a.'s top markets include Rockford, Rochelle, Janesville, Chicago, and Freeport among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Stillman BancCorp N.A. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 249 $36,785,000 $147,731 $2,163 5.19%
    FHA 10 $1,650,000 $165,000 $5,848 4.75%
    USDA 1 $125,000 $125,000 $3,723 5.25%

    For 2022, Stillman Banccorp N.a.'s most frequently originated type of loan was Conventional, with 249 originations. Their 2nd most popular type was FHA, with 10 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 139 $23,725,000 $170,683 $3,134 5.51%
    Cash Out Refi 75 $8,245,000 $109,933 $1,452 5.18%
    Refi 37 $5,665,000 $153,108 $1,496 3.84%
    Home Improvement 9 $925,000 $102,778 $1,492 5.35%

    For 2022, Stillman Banccorp N.a.'s most frequently cited loan purpose was Home Purchase, with 139 originations. The 2nd most popular reason was Cash Out Refi, with 75 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 153 $23,585,000 $154,150 $2,740 5.23%
    15 Year 41 $4,525,000 $110,366 $2,217 4.21%
    10 Year 26 $1,450,000 $55,769 $789 6.15%
    5 Year 22 $6,890,000 $313,182 $759 5.51%
    20 Year 11 $1,625,000 $147,727 $1,430 4.05%
    Other 5 $425,000 $85,000 $872 6.62%
    3 Year 2 $60,000 $30,000 $346 6.61%

    For 2022, Stillman Banccorp N.a.'s most frequently cited loan duration was 30 Year, with 153 originations. The 2nd most popular length was 15 Year, with 41 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 206 $26,070,000 $126,553
    $1k-2k 14 $1,910,000 $136,429
    $2k-3k 9 $1,205,000 $133,889
    $3k-4k 5 $825,000 $165,000
    $5k+ 2 $1,100,000 $550,000
    $4k-5k 1 $185,000 $185,000

    Stillman Banccorp N.a.'s average total fees were $2,740, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 206 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 83 $11,615,000 $139,940
    3-4% 51 $8,975,000 $175,980
    4-5% 50 $10,180,000 $203,600
    6-7% 34 $4,400,000 $129,412
    7-8% 20 $1,620,000 $81,000
    2.5-3% 13 $1,265,000 $97,308
    Over 8% 7 $255,000 $36,429
    <2.5% 2 $250,000 $125,000

    During 2022, Stillman Banccorp N.a.'s average interest rate for loans was 5.23%, while their most frequently originated rate bucket for loans was 5-6%, with 83 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 112 $7,110,000 $63,482 $1,784 5.41%
    $100k-200k 107 $14,575,000 $136,215 $2,499 5.04%
    $200k-400k 29 $7,895,000 $272,241 $3,032 5.02%
    $400k-600k 6 $2,660,000 $443,333 $2,734 4.61%
    $600k-1MM 4 $3,060,000 $765,000 $8,112 4.56%
    $1MM+ 2 $3,260,000 $1,630,000 $0 3.95%

    2022 saw Stillman Banccorp N.a. place emphasis on $100,000 or less loans with 112 originations, totaling $7,110,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 64 $5,810,000 $90,781 $2,233 5.04%
    $50k-75k 52 $6,170,000 $118,654 $2,215 5.03%
    $100k-150k 44 $6,650,000 $151,136 $2,319 5.64%
    $75k-100k 43 $5,575,000 $129,651 $2,150 4.83%
    $150k-250k 27 $4,345,000 $160,926 $2,309 5.41%
    $250k+ 9 $3,105,000 $345,000 $3,735 4.76%

    Stillman Banccorp N.a. lent most frequently to those with incomes in the $50k or less range, with 64 originations. The second most popular income band? $50k-75k, with 52 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 73 $9,495,000 $130,068 $2,201 4.82%
    30-36% 41 $4,865,000 $118,659 $2,097 5.57%
    <20% 20 $3,080,000 $154,000 $2,360 4.91%
    43% 16 $2,850,000 $178,125 $2,992 5.30%
    42% 13 $1,555,000 $119,615 $1,855 5.48%
    39% 11 $1,395,000 $126,818 $2,259 5.38%
    37% 9 $1,145,000 $127,222 $2,727 4.86%
    36% 8 $850,000 $106,250 $2,233 5.04%
    41% 7 $995,000 $142,143 $2,860 5.25%
    45% 7 $1,035,000 $147,857 $2,097 5.01%
    38% 7 $845,000 $120,714 $1,920 6.23%
    40% 6 $650,000 $108,333 $1,602 6.30%
    44% 4 $620,000 $155,000 $1,554 4.43%
    46% 4 $400,000 $100,000 $2,062 4.83%
    47% 4 $630,000 $157,500 $2,656 4.33%
    50-60% 4 $530,000 $132,500 $3,546 5.11%
    48% 2 $190,000 $95,000 $1,700 4.60%
    >60% 1 $135,000 $135,000 $3,782 4.50%

    Stillman Banccorp N.a. lent most frequently to those with DTI ratios of 20-30%, with 73 originations. The next most common DTI ratio? 30-36%, with 41 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 230 $29,950,000 $130,217 $2,229 5.13%
    Not applicable 18 $6,560,000 $364,444 $0 5.47%
    Not provided 7 $875,000 $125,000 $3,080 5.61%
    Asian Indian 1 $805,000 $805,000 $13,269 5.88%
    Asian 3 $295,000 $98,333 $2,902 5.82%
    Black 1 $75,000 $75,000 $1,476 4.25%

    Approval Rates

    Total approvals of all applications
    95.11%

    Stillman Banccorp N.a. has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    76.54%

    Stillman Banccorp N.a. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 260 $38,560,000 $148,308

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    260 $38,560,000 $148,308

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 21 $1,585,000 $75,476 $1,728 5.53%
    40-60% 38 $4,170,000 $109,737 $1,747 4.22%
    60-80% 100 $16,050,000 $160,500 $2,363 5.08%
    80-100% 79 $16,055,000 $203,228 $3,191 5.24%
    Under 20% 22 $700,000 $31,818 $677 6.68%