First National Bank Of Brookfield Mortgage Rates, Fees & Info

Brookfield, IL

LEI: 254900TO7P4MVLV70225

Tax ID: 36-2483165

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

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Mortgage Data

Review & Overview

First National Bank Of Brookfield is a smaller bank specializing in Home Purchase and Refi loans. First National Bank Of Brookfield has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Niles, North Port, St. Louis, and Miami among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)

First National Bank Of Brookfield 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

112

Origination Dollar Volume (All Markets)

$56,750,000

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) 91 $48,735,000 $535,549 $0 0.00%
NILES, MI (FHA|USDA|VA) 2 $1,300,000 $650,000 $0 0.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $905,000 $905,000 $0 0.00%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $710,000 $355,000 $0 0.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $665,000 $665,000 $0 0.00%
Outside of Metro Areas 3 $655,000 $218,333 $0 0.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $635,000 $635,000 $0 0.00%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $545,000 $545,000 $0 0.00%
COLUMBUS, OH (FHA|USDA|VA) 1 $465,000 $465,000 $0 0.00%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $445,000 $445,000 $0 0.00%
KNOXVILLE, TN (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
Whitewater, WI (FHA|USDA|VA) 2 $350,000 $175,000 $0 0.00%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
Rochelle, IL (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
LOUISVILLE, KY (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
First National Bank Of Brookfield's top markets include Chicago, Niles, North Port, St. Louis, and Miami among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 112 $56,750,000 $506,696 $0 0.00%

    For 2024, First National Bank Of Brookfield's most frequently originated type of loan was Conventional, with 112 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 69 $34,625,000 $501,812 $0 0.00%
    Refi 25 $13,825,000 $553,000 $0 0.00%
    Cash Out Refi 16 $7,780,000 $486,250 $0 0.00%
    Home Improvement 2 $520,000 $260,000 $0 0.00%

    For 2024, First National Bank Of Brookfield's most frequently cited loan purpose was Home Purchase, with 69 originations. The 2nd most popular reason was Refi, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 112 $56,750,000 $506,696 $0 0.00%

    For 2024, First National Bank Of Brookfield's most frequently cited loan duration was Other, with 112 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 39 $11,215,000 $287,564 $0 0.00%
    $400k-600k 23 $11,355,000 $493,696 $0 0.00%
    $600k-1MM 23 $15,875,000 $690,217 $0 0.00%
    $100k-200k 16 $2,640,000 $165,000 $0 0.00%
    $1MM+ 8 $15,460,000 $1,932,500 $0 0.00%
    $100,000 or less 3 $205,000 $68,333 $0 0.00%

    2024 saw First National Bank Of Brookfield place emphasis on $200k-400k loans with 39 originations, totaling $11,215,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 27 $13,905,000 $515,000 $0 0.00%
    $150k-250k 16 $6,790,000 $424,375 $0 0.00%
    $100k-150k 9 $2,945,000 $327,222 $0 0.00%
    $50k-75k 8 $1,700,000 $212,500 $0 0.00%
    $75k-100k 8 $2,010,000 $251,250 $0 0.00%
    $50k or less 2 $780,000 $390,000 $0 0.00%

    First National Bank Of Brookfield lent most frequently to those with incomes in the $250k+ range, with 27 originations. The second most popular income band? $150k-250k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 112 $56,750,000 $506,696 $0 0.00%

    First National Bank Of Brookfield lent most frequently to those with DTI ratios of Exempt%, with 112 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 42 $28,620,000 $681,429 $0 0.00%
    White 66 $26,560,000 $402,424 $0 0.00%
    Not provided 2 $1,130,000 $565,000 $0 0.00%
    Black 2 $440,000 $220,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.31%

    First National Bank Of Brookfield 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
    96.43%

    First National Bank Of Brookfield has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 112 $56,750,000 $506,696

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    112 $56,750,000 $506,696