State Bank Of Waterloo Mortgage Rates, Fees & Info
Waterloo, ILLEI: 254900CHU7PX7ZS6RI74
Tax ID: 37-0532990
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
State Bank Of Waterloo is a smaller bank specializing in Home Purchase loans. State Bank Of Waterloo has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Crestview, Kansas City, Austin, and Carbondale among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)State Bank Of Waterloo 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
98Origination Dollar Volume (All Markets)
$22,030,000Top 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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 85 | $15,495,000 | $182,294 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $3,005,000 | $3,005,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $540,000 | $135,000 | $0 | 0.00% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 98 | $22,030,000 | $224,796 | $0 | 0.00% |
For 2022, State Bank Of Waterloo's most frequently originated type of loan was Conventional, with 98 originations.
Loan Reason
For 2022, State Bank Of Waterloo's most frequently cited loan purpose was Home Purchase, with 60 originations. The 2nd most popular reason was Cash Out Refi, with 22 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 98 | $22,030,000 | $224,796 | $0 | 0.00% |
For 2022, State Bank Of Waterloo's most frequently cited loan duration was Other, with 98 originations.
Loan Sizing
2022 saw State Bank Of Waterloo place emphasis on $100k-200k loans with 34 originations, totaling $4,830,000 in origination value.
Applicant Income
State Bank Of Waterloo lent most frequently to those with incomes in the $100k-150k range, with 23 originations. The second most popular income band? $150k-250k, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 98 | $22,030,000 | $224,796 | $0 | 0.00% |
State Bank Of Waterloo lent most frequently to those with DTI ratios of Exempt%, with 98 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.52%
State Bank Of Waterloo has an average approval rate.
Pick Rate
Approvals leading to origination92.86%
State Bank Of Waterloo has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 98 | $22,030,000 | $224,796 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Statebridge Company | Conventional home mortgage | Closing on a mortgage | 1 | 100.0% |