West Suburban Bank Mortgage Rates, Fees & Info

Lombard, IL

LEI: 254900IRNXUOKGT5XK11

Tax ID: 36-2481667

Latest/2023 | 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
  • Complaints
  • 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

    West Suburban Bank is a smaller bank specializing in Refi and Home Purchase loans. West Suburban Bank has a high proportion of conventional loans. Their top two markets are Chicago and Niles .

    West Suburban Bank has an 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

    234

    Origination Dollar Volume (All Markets)

    $56,140,000

    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
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 232 $54,080,000 $233,103 $0 0.00%
    NILES, MI (FHA|USDA|VA) 2 $2,060,000 $1,030,000 $0 0.00%
    West Suburban Bank's top markets include Chicago and Niles among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 234 $56,140,000 $239,915 $0 0.00%

    For 2021, West Suburban Bank's most frequently originated type of loan was Conventional, with 234 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 177 $39,935,000 $225,621 $0 0.00%
    Home Improvement 25 $2,155,000 $86,200 $0 0.00%
    Home Purchase 18 $13,220,000 $734,444 $0 0.00%
    Other 14 $830,000 $59,286 $0 0.00%

    For 2021, West Suburban Bank's most frequently cited loan purpose was Refi, with 177 originations. The 2nd most popular reason was Home Improvement, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 234 $56,140,000 $239,915 $0 0.00%

    For 2021, West Suburban Bank's most frequently cited loan duration was Other, with 234 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 107 $14,995,000 $140,140 $0 0.00%
    $100,000 or less 61 $3,235,000 $53,033 $0 0.00%
    $200k-400k 41 $10,735,000 $261,829 $0 0.00%
    $1MM+ 11 $18,225,000 $1,656,818 $0 0.00%
    $400k-600k 8 $3,940,000 $492,500 $0 0.00%
    $600k-1MM 6 $5,010,000 $835,000 $0 0.00%

    2021 saw West Suburban Bank place emphasis on $100k-200k loans with 107 originations, totaling $14,995,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 54 $5,920,000 $109,630 $0 0.00%
    $50k or less 42 $3,740,000 $89,048 $0 0.00%
    $75k-100k 38 $5,520,000 $145,263 $0 0.00%
    $100k-150k 35 $7,235,000 $206,714 $0 0.00%
    $150k-250k 26 $6,100,000 $234,615 $0 0.00%
    $250k+ 4 $1,100,000 $275,000 $0 0.00%

    West Suburban Bank lent most frequently to those with incomes in the $50k-75k range, with 54 originations. The second most popular income band? $50k or less, with 42 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 234 $56,140,000 $239,915 $0 0.00%

    West Suburban Bank lent most frequently to those with DTI ratios of Exempt%, with 234 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 28 $25,550,000 $912,500 $0 0.00%
    White 170 $24,960,000 $146,824 $0 0.00%
    Asian 23 $3,395,000 $147,609 $0 0.00%
    Asian Indian 7 $1,395,000 $199,286 $0 0.00%
    Black 3 $575,000 $191,667 $0 0.00%
    Other Asian 1 $145,000 $145,000 $0 0.00%
    1 $85,000 $85,000 $0 0.00%
    Not provided 1 $35,000 $35,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    77.68%

    West Suburban Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    88.89%

    West Suburban Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 234 $56,140,000 $239,915

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    234 $56,140,000 $239,915

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    West Coast Servicing, Inc. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 20.0%
    West Coast Servicing, Inc. Conventional home mortgage Struggling to pay mortgage 2 40.0%
    West Coast Servicing, Inc. Home equity loan or line of credit (HELOC) Struggling to pay mortgage 2 40.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    West Suburban Bank 100 S Main St Lombard, IL 60148 Full Service B&M $0
    West Suburban Bank 1004 104th Street Naperville, IL 60564 Full Service B&M $15,831
    West Suburban Bank 1005 75th St Darien, IL 60561 Full Service B&M $7,942
    West Suburban Bank 101 N Lake St Aurora, IL 60506 Full Service B&M $66,725
    West Suburban Bank 1061 W Stearns Rd Bartlett, IL 60103 Full Service B&M $76,901
    West Suburban Bank 1104 W Boughton Rd Bolingbrook, IL 60440 Full Service B&M $60,271
    West Suburban Bank 1122 S Main St Lombard, IL 60148 Full Service B&M $102,836
    West Suburban Bank 1296 E Chicago Ave Naperville, IL 60540 Full Service B&M $34,874
    West Suburban Bank 1311 Butterfield Rd, Suite 111 Aurora, IL 60502 Full Service B&M $11,374
    West Suburban Bank 1380 West Army Trail Road Carol Stream, IL 60188 Full Service B&M $45,529
    West Suburban Bank 1657 Bloomingdale Rd Glendale Heights, IL 60139 Full Service B&M $72,843
    West Suburban Bank 17w754 22nd St Oak Brook Terrace, IL 60181 Full Service B&M $39,701
    West Suburban Bank 1830 Douglas Rd Montgaomery, IL 60538 Full Service B&M $27,721
    West Suburban Bank 1870 Stearns Rd South Elgin, IL 60177 Full Service B&M $40,285
    West Suburban Bank 2000 W Galena Blvd Aurora, IL 60506 Full Service B&M $0
    West Suburban Bank 2000 West Galena Blvd Aurora, IL 60507 Full Service B&M $50,037
    West Suburban Bank 2020 Feldott Ln Naperville, IL 60540 Full Service B&M $93,947
    West Suburban Bank 2100 Finley Road Lombard, IL 60148 Limited, Drive-thru $4,311
    West Suburban Bank 221 S West St Wheaton, IL 60187 Full Service B&M $0
    West Suburban Bank 2400 South Finley Road Lombard, IL 60148 Limited, Drive-thru $18,490
    West Suburban Bank 2800 Finley Rd Downers Grove, IL 60515 Full Service B&M $92,927
    West Suburban Bank 2830 Route 34 Oswego, IL 60543 Full Service B&M $54,765
    West Suburban Bank 295 W Loop Rd Wheaton, IL 60189 Full Service B&M $82,081
    West Suburban Bank 3000 East Main Street St Charles, IL 60174 Full Service B&M $79,808
    West Suburban Bank 315 S Randall Rd St. Charles, IL 60174 Full Service B&M $28,217
    West Suburban Bank 335 N Eola Rd Aurora, IL 60504 Full Service B&M $42,181
    West Suburban Bank 355 W Army Trail Rd Bloomingdale, IL 60108 Full Service B&M $183,098
    West Suburban Bank 40 E Saint Charles Rd Villa Park, IL 60181 Full Service B&M $47,893
    West Suburban Bank 401 N Gary Ave Carol Stream, IL 60188 Full Service B&M $155,539
    West Suburban Bank 505 North Weber Road Romeoville, IL 60446 Full Service B&M $50,632
    West Suburban Bank 522 N Sugar Grove Pkwy Sugar Grove, IL 60554 Full Service B&M $8,227
    West Suburban Bank 5330 South Main Street Downers Grove, IL 60515 Full Service B&M $26,673
    West Suburban Bank 6400 S Cass Ave Westmont, IL 60559 Full Service B&M $43,438
    West Suburban Bank 672 E Boughton Rd Bolingbrook, IL 60440 Full Service B&M $39,898
    West Suburban Bank 701 Westmore Meyers Rd, # 711 Lombard, IL 60148 Full Service B&M $453,978
    West Suburban Bank 707 North Main Street Lombard, IL 60148 Full Service B&M $72,842
    West Suburban Bank 717 South Meyers Road Lombard, IL 60148 Limited, Drive-thru $0
    West Suburban Bank 8001 Cass Ave Darien, IL 60561 Full Service B&M $327,846
    West Suburban Bank 895 East Geneva Road Carol Stream, IL 60188 Full Service B&M $23,383
    West Suburban Bank Il-59 Warrenville, IL 60555 Full Service B&M $46,055

    For 2021, West Suburban Bank had 40 branches.

    Yearly Performance Overview