First Fsb Of Mascoutah Mortgage Rates, Fees & Info

Mascoutah, IL

LEI: 254900FTCNECUOWATD22

Tax ID: 37-0402600

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    First Fsb Of Mascoutah is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. First Fsb Of Mascoutah has a high proportion of conventional loans. Their top (well, only) market is St. Louis.

    First Fsb Of Mascoutah 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

    45

    Origination Dollar Volume (All Markets)

    $12,065,000

    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
    ST. LOUIS, MO-IL (FHA|USDA|VA) 40 $11,060,000 $276,500 $0 0.00%
    Outside of Metro Areas 5 $1,005,000 $201,000 $0 0.00%
    First Fsb Of Mascoutah's top markets include and St. Louis among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 45 $12,065,000 $268,111 $0 0.00%

    For 2024, First Fsb Of Mascoutah's most frequently originated type of loan was Conventional, with 45 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 20 $5,830,000 $291,500 $0 0.00%
    Cash Out Refi 10 $3,850,000 $385,000 $0 0.00%
    Home Improvement 6 $550,000 $91,667 $0 0.00%
    Refi 5 $1,615,000 $323,000 $0 0.00%
    Other 4 $220,000 $55,000 $0 0.00%

    For 2024, First Fsb Of Mascoutah's most frequently cited loan purpose was Home Purchase, with 20 originations. The 2nd most popular reason was Cash Out Refi, with 10 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 45 $12,065,000 $268,111 $0 0.00%

    For 2024, First Fsb Of Mascoutah's most frequently cited loan duration was Other, with 45 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 14 $720,000 $51,429 $0 0.00%
    $100k-200k 11 $1,745,000 $158,636 $0 0.00%
    $200k-400k 9 $2,575,000 $286,111 $0 0.00%
    $400k-600k 8 $3,710,000 $463,750 $0 0.00%
    $1MM+ 2 $2,560,000 $1,280,000 $0 0.00%
    $600k-1MM 1 $755,000 $755,000 $0 0.00%

    2024 saw First Fsb Of Mascoutah place emphasis on $100,000 or less loans with 14 originations, totaling $720,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 10 $3,190,000 $319,000 $0 0.00%
    $100k-150k 5 $535,000 $107,000 $0 0.00%
    $75k-100k 5 $635,000 $127,000 $0 0.00%
    $250k+ 4 $1,200,000 $300,000 $0 0.00%
    $50k-75k 4 $460,000 $115,000 $0 0.00%
    $50k or less 2 $70,000 $35,000 $0 0.00%

    First Fsb Of Mascoutah lent most frequently to those with incomes in the $150k-250k range, with 10 originations. The second most popular income band? $100k-150k, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 45 $12,065,000 $268,111 $0 0.00%

    First Fsb Of Mascoutah lent most frequently to those with DTI ratios of Exempt%, with 45 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 15 $5,975,000 $398,333 $0 0.00%
    White 29 $5,505,000 $189,828 $0 0.00%
    Asian 1 $585,000 $585,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    First Fsb Of Mascoutah 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
    95.56%

    First Fsb Of Mascoutah 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 45 $12,065,000 $268,111

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    45 $12,065,000 $268,111