First National Bank Of Brookfield Mortgage Rates, Fees & Info
Brookfield, ILLEI: 254900TO7P4MVLV70225
Tax ID: 36-2483165
Latest/2023 | 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 Cash Out Refi loans. First National Bank Of Brookfield has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Naples, Austin, Orlando, and Michigan City among others. We have data for 9 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
136Origination Dollar Volume (All Markets)
$77,340,000Top 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) | 127 | $74,545,000 | $586,969 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $990,000 | $495,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| Rochelle, IL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Holland, MI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 136 | $77,340,000 | $568,676 | $0 | 0.00% |
For 2022, First National Bank Of Brookfield's most frequently originated type of loan was Conventional, with 136 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 85 | $44,935,000 | $528,647 | $0 | 0.00% |
| Cash Out Refi | 40 | $28,040,000 | $701,000 | $0 | 0.00% |
| Refi | 11 | $4,365,000 | $396,818 | $0 | 0.00% |
For 2022, First National Bank Of Brookfield's most frequently cited loan purpose was Home Purchase, with 85 originations. The 2nd most popular reason was Cash Out Refi, with 40 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 136 | $77,340,000 | $568,676 | $0 | 0.00% |
For 2022, First National Bank Of Brookfield's most frequently cited loan duration was Other, with 136 originations.
Loan Sizing
2022 saw First National Bank Of Brookfield place emphasis on $400k-600k loans with 41 originations, totaling $20,525,000 in origination value.
Applicant Income
First National Bank Of Brookfield lent most frequently to those with incomes in the $100k-150k range, with 12 originations. The second most popular income band? $75k-100k, with 12 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 136 | $77,340,000 | $568,676 | $0 | 0.00% |
First National Bank Of Brookfield lent most frequently to those with DTI ratios of Exempt%, with 136 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.32%
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 origination92.65%
First National Bank Of Brookfield has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 136 | $77,340,000 | $568,676 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |