International Bank Of Chicago Mortgage Rates, Fees & Info
Chicago, ILLEI: 254900KI0CM65KPBM547
Tax ID: 36-3842292
Latest/2023 | 2022 Data | 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, Poughkeepsie, Seattle, New York, and North Port among others. We have data for 6 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
172Origination Dollar Volume (All Markets)
$50,210,000Top 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) | 163 | $47,455,000 | $291,135 | $0 | 0.00% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 5 | $1,025,000 | $205,000 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 172 | $50,210,000 | $291,919 | $0 | 0.00% |
For 2023, International Bank Of Chicago's most frequently originated type of loan was Conventional, with 172 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 154 | $45,350,000 | $294,481 | $0 | 0.00% |
| Refi | 11 | $3,525,000 | $320,455 | $0 | 0.00% |
| Other | 7 | $1,335,000 | $190,714 | $0 | 0.00% |
For 2023, International Bank Of Chicago's most frequently cited loan purpose was Home Purchase, with 154 originations. The 2nd most popular reason was Refi, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 172 | $50,210,000 | $291,919 | $0 | 0.00% |
For 2023, International Bank Of Chicago's most frequently cited loan duration was Other, with 172 originations.
Loan Sizing
2023 saw International Bank Of Chicago place emphasis on $200k-400k loans with 95 originations, totaling $26,495,000 in origination value.
Applicant Income
International Bank Of Chicago lent most frequently to those with incomes in the $100k-150k range, with 54 originations. The second most popular income band? $50k-75k, with 35 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 172 | $50,210,000 | $291,919 | $0 | 0.00% |
International Bank Of Chicago lent most frequently to those with DTI ratios of Exempt%, with 172 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.68%
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 origination83.14%
International Bank Of Chicago has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 172 | $50,210,000 | $291,919 |