Intercredit Bank Mortgage Rates, Fees & Info
Miami, FLLEI: 254900DON8SDKGYIL122
Tax ID: 59-2398789
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Intercredit Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Intercredit Bank has a high proportion of conventional loans. Their top markets by origination volume include: Miami, Austin, Dallas, Naples, and Tampa among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Intercredit Bank 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.
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Originations
73Origination Dollar Volume (All Markets)
$30,485,000Top 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 |
|---|---|---|---|---|---|
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 63 | $25,295,000 | $401,508 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $1,225,000 | $1,225,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 73 | $30,485,000 | $417,603 | $0 | 0.00% |
For 2023, Intercredit Bank's most frequently originated type of loan was Conventional, with 73 originations.
Loan Reason
For 2023, Intercredit Bank's most frequently cited loan purpose was Home Purchase, with 39 originations. The 2nd most popular reason was Cash Out Refi, with 31 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 73 | $30,485,000 | $417,603 | $0 | 0.00% |
For 2023, Intercredit Bank's most frequently cited loan duration was Other, with 73 originations.
Loan Sizing
2023 saw Intercredit Bank place emphasis on $200k-400k loans with 37 originations, totaling $10,505,000 in origination value.
Applicant Income
Intercredit Bank lent most frequently to those with incomes in the $250k+ range, with 46 originations. The second most popular income band? $150k-250k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 73 | $30,485,000 | $417,603 | $0 | 0.00% |
Intercredit Bank lent most frequently to those with DTI ratios of Exempt%, with 73 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.16%
Intercredit Bank has an average approval rate.
Pick Rate
Approvals leading to origination73.97%
Intercredit Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 73 | $30,485,000 | $417,603 |