Alliance Bank Mortgage Rates, Fees & Info
Cape Girardeau, MOLEI: 254900N9T42X4VF8F740
Tax ID: 43-1785814
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Alliance Bank is a smaller bank specializing in Home Purchase loans. Alliance Bank has a high proportion of conventional loans. Their top markets by origination volume include: Cape Girardeau, Sikeston, Daphne, Lakeland, and St. Louis among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Alliance Bank 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
183Origination Dollar Volume (All Markets)
$38,545,000Top 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 |
|---|---|---|---|---|---|
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 93 | $21,205,000 | $228,011 | $0 | 0.00% |
| Sikeston, MO (FHA|USDA|VA) | 58 | $9,800,000 | $168,966 | $0 | 0.00% |
| Outside of Metro Areas | 20 | $3,910,000 | $195,500 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $940,000 | $470,000 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 0.00% |
| Paducah, KY-IL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 0.00% |
| Poplar Bluff, MO (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| Farmington, MO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 183 | $38,545,000 | $210,628 | $0 | 0.00% |
For 2022, Alliance Bank's most frequently originated type of loan was Conventional, with 183 originations.
Loan Reason
For 2022, Alliance Bank's most frequently cited loan purpose was Home Purchase, with 124 originations. The 2nd most popular reason was Refi, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 183 | $38,545,000 | $210,628 | $0 | 0.00% |
For 2022, Alliance Bank's most frequently cited loan duration was Other, with 183 originations.
Loan Sizing
2022 saw Alliance Bank place emphasis on $200k-400k loans with 57 originations, totaling $15,295,000 in origination value.
Applicant Income
Alliance Bank lent most frequently to those with incomes in the $100k-150k range, with 29 originations. The second most popular income band? $75k-100k, with 25 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 183 | $38,545,000 | $210,628 | $0 | 0.00% |
Alliance Bank lent most frequently to those with DTI ratios of Exempt%, with 183 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.08%
Alliance Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination92.90%
Alliance Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 183 | $38,545,000 | $210,628 |