International Bank Of Chicago Mortgage Rates, Fees & Info
Chicago, ILLEI: 254900KI0CM65KPBM547
Tax ID: 36-3842292
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
International Bank Of Chicago is a smaller bank specializing in Home Purchase loans. International Bank Of Chicago has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, New York, Boston, Poughkeepsie, and Champaign among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)International Bank Of Chicago 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
291Origination Dollar Volume (All Markets)
$89,475,000Top 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 |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 264 | $73,750,000 | $279,356 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 6 | $8,740,000 | $1,456,667 | $0 | 0.00% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 2 | $1,950,000 | $975,000 | $0 | 0.00% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 8 | $1,910,000 | $238,750 | $0 | 0.00% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 291 | $89,475,000 | $307,474 | $0 | 0.00% |
For 2022, International Bank Of Chicago's most frequently originated type of loan was Conventional, with 291 originations.
Loan Reason
For 2022, International Bank Of Chicago's most frequently cited loan purpose was Home Purchase, with 263 originations. The 2nd most popular reason was Refi, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 291 | $89,475,000 | $307,474 | $0 | 0.00% |
For 2022, International Bank Of Chicago's most frequently cited loan duration was Other, with 291 originations.
Loan Sizing
2022 saw International Bank Of Chicago place emphasis on $200k-400k loans with 176 originations, totaling $48,170,000 in origination value.
Applicant Income
International Bank Of Chicago lent most frequently to those with incomes in the $50k-75k range, with 75 originations. The second most popular income band? $75k-100k, with 72 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 291 | $89,475,000 | $307,474 | $0 | 0.00% |
International Bank Of Chicago lent most frequently to those with DTI ratios of Exempt%, with 291 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.95%
International Bank Of Chicago has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination81.79%
International Bank Of Chicago has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 291 | $89,475,000 | $307,474 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| INTERCONTINENTAL CAPITAL GROUP | Conventional home mortgage | Closing on a mortgage | 1 | 100.0% |