First National Bank Of Brookfield Mortgage Rates, Fees & Info

Brookfield, IL

LEI: 254900TO7P4MVLV70225

Tax ID: 36-2483165

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Mortgage Data

Review & Overview

First National Bank Of Brookfield is a smaller bank specializing in Home Purchase loans. First National Bank Of Brookfield has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Jacksonville, Las Vegas, San Diego, and Phoenix among others. We have data for 10 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 a below average pick rate when compared to similar lenders.

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Originations

72

Origination Dollar Volume (All Markets)

$36,000,000

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) 63 $31,635,000 $502,143 $0 0.00%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $725,000 $725,000 $0 0.00%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $725,000 $725,000 $0 0.00%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $705,000 $705,000 $0 0.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $685,000 $685,000 $0 0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $445,000 $445,000 $0 0.00%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $445,000 $445,000 $0 0.00%
Stevens Point, WI (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
ROCKFORD, IL (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
First National Bank Of Brookfield's top markets include Chicago, Jacksonville, Las Vegas, San Diego, and Phoenix among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 72 $36,000,000 $500,000 $0 0.00%

    For 2023, First National Bank Of Brookfield's most frequently originated type of loan was Conventional, with 72 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 46 $25,300,000 $550,000 $0 0.00%
    Refi 12 $6,320,000 $526,667 $0 0.00%
    Cash Out Refi 10 $3,860,000 $386,000 $0 0.00%
    Home Improvement 2 $190,000 $95,000 $0 0.00%
    Other 2 $330,000 $165,000 $0 0.00%

    For 2023, First National Bank Of Brookfield's most frequently cited loan purpose was Home Purchase, with 46 originations. The 2nd most popular reason was Refi, with 12 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 72 $36,000,000 $500,000 $0 0.00%

    For 2023, First National Bank Of Brookfield's most frequently cited loan duration was Other, with 72 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 22 $6,150,000 $279,545 $0 0.00%
    $400k-600k 18 $8,770,000 $487,222 $0 0.00%
    $600k-1MM 16 $11,980,000 $748,750 $0 0.00%
    $100k-200k 9 $1,295,000 $143,889 $0 0.00%
    $1MM+ 5 $7,655,000 $1,531,000 $0 0.00%
    $100,000 or less 2 $150,000 $75,000 $0 0.00%

    2023 saw First National Bank Of Brookfield place emphasis on $200k-400k loans with 22 originations, totaling $6,150,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 13 $6,485,000 $498,846 $0 0.00%
    $100k-150k 8 $2,780,000 $347,500 $0 0.00%
    $150k-250k 7 $2,695,000 $385,000 $0 0.00%
    $50k-75k 6 $1,330,000 $221,667 $0 0.00%
    $75k-100k 5 $1,245,000 $249,000 $0 0.00%
    $50k or less 1 $85,000 $85,000 $0 0.00%

    First National Bank Of Brookfield lent most frequently to those with incomes in the $250k+ range, with 13 originations. The second most popular income band? $100k-150k, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 72 $36,000,000 $500,000 $0 0.00%

    First National Bank Of Brookfield lent most frequently to those with DTI ratios of Exempt%, with 72 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 30 $20,260,000 $675,333 $0 0.00%
    White 40 $14,740,000 $368,500 $0 0.00%
    Not provided 1 $575,000 $575,000 $0 0.00%
    American Indian 1 $425,000 $425,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    96.55%

    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
    83.33%

    First National Bank Of Brookfield has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 72 $36,000,000 $500,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    72 $36,000,000 $500,000