International Bank Of Chicago Mortgage Rates, Fees & Info

Chicago, IL

LEI: 254900KI0CM65KPBM547

Tax ID: 36-3842292

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

Jump to:

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

    International Bank Of Chicago is a smaller bank specializing in Home Purchase and Home Improvement loans. International Bank Of Chicago has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, New York, Poughkeepsie, and Sterling among others. We have data for 5 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.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    108

    Origination Dollar Volume (All Markets)

    $58,330,000

    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) 95 $41,325,000 $435,000 $0 0.00%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 8 $12,790,000 $1,598,750 $0 0.00%
    Outside of Metro Areas 1 $3,065,000 $3,065,000 $0 0.00%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 3 $845,000 $281,667 $0 0.00%
    Sterling, IL (FHA|USDA|VA) 1 $305,000 $305,000 $0 0.00%
    International Bank Of Chicago's top markets include Chicago, New York, Poughkeepsie, and Sterling among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Connecticut (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 108 $58,330,000 $540,093 $0 0.00%

    For 2024, International Bank Of Chicago's most frequently originated type of loan was Conventional, with 108 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 92 $38,570,000 $419,239 $0 0.00%
    Refi 8 $5,050,000 $631,250 $0 0.00%
    Home Improvement 6 $14,340,000 $2,390,000 $0 0.00%
    Other 2 $370,000 $185,000 $0 0.00%

    For 2024, International Bank Of Chicago's most frequently cited loan purpose was Home Purchase, with 92 originations. The 2nd most popular reason was Refi, with 8 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 108 $58,330,000 $540,093 $0 0.00%

    For 2024, International Bank Of Chicago's most frequently cited loan duration was Other, with 108 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 55 $14,995,000 $272,636 $0 0.00%
    $100k-200k 21 $3,195,000 $152,143 $0 0.00%
    $400k-600k 13 $5,995,000 $461,154 $0 0.00%
    $1MM+ 8 $27,890,000 $3,486,250 $0 0.00%
    $600k-1MM 8 $6,010,000 $751,250 $0 0.00%
    $100,000 or less 3 $245,000 $81,667 $0 0.00%

    2024 saw International Bank Of Chicago place emphasis on $200k-400k loans with 55 originations, totaling $14,995,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 28 $7,370,000 $263,214 $0 0.00%
    $50k-75k 19 $3,835,000 $201,842 $0 0.00%
    $100k-150k 16 $4,730,000 $295,625 $0 0.00%
    $150k-250k 11 $3,895,000 $354,091 $0 0.00%
    $250k+ 7 $8,135,000 $1,162,143 $0 0.00%
    $50k or less 3 $325,000 $108,333 $0 0.00%

    International Bank Of Chicago lent most frequently to those with incomes in the $75k-100k range, with 28 originations. The second most popular income band? $50k-75k, with 19 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 108 $58,330,000 $540,093 $0 0.00%

    International Bank Of Chicago lent most frequently to those with DTI ratios of Exempt%, with 108 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 23 $29,955,000 $1,302,391 $0 0.00%
    Asian 83 $27,595,000 $332,470 $0 0.00%
    White 2 $780,000 $390,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.56%

    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 origination
    81.48%

    International Bank Of Chicago has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 108 $58,330,000 $540,093

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    108 $58,330,000 $540,093