First Trust And Savings Bank Mortgage Rates, Fees & Info
Wheatland, IALEI: 254900B7HAQFC56M2N14
Tax ID: 42-0219180
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
First Trust And Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. First Trust And Savings Bank has a high proportion of conventional loans. Their top (well, only) market is Davenport.First Trust And Savings Bank 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.
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.
Originations
77Origination Dollar Volume (All Markets)
$9,025,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 40 | $4,580,000 | $114,500 | $0 | 0.00% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 37 | $4,445,000 | $120,135 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 77 | $9,025,000 | $117,208 | $0 | 0.00% |
For 2024, First Trust And Savings Bank's most frequently originated type of loan was Conventional, with 77 originations.
Loan Reason
For 2024, First Trust And Savings Bank's most frequently cited loan purpose was Home Purchase, with 36 originations. The 2nd most popular reason was Refi, with 24 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 77 | $9,025,000 | $117,208 | $0 | 0.00% |
For 2024, First Trust And Savings Bank's most frequently cited loan duration was Other, with 77 originations.
Loan Sizing
2024 saw First Trust And Savings Bank place emphasis on $100,000 or less loans with 39 originations, totaling $1,835,000 in origination value.
Applicant Income
First Trust And Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 17 originations. The second most popular income band? $50k or less, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 77 | $9,025,000 | $117,208 | $0 | 0.00% |
First Trust And Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 77 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.12%
First Trust And Savings Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination98.70%
First Trust And Savings Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 77 | $9,025,000 | $117,208 |