Itasca Bank & Trust Co. Mortgage Rates, Fees & Info

Itasca, IL

LEI: 254900UISKR0QR32CI62

Tax ID: 36-2104540

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Itasca Bank & Trust Co. is a smaller bank specializing in Home Purchase and Refi loans. Itasca Bank & Trust Co. has a high proportion of conventional loans. Their top (well, only) market is Chicago.

    Itasca Bank & Trust Co. 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

    33

    Origination Dollar Volume (All Markets)

    $20,675,000

    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) 33 $20,675,000 $626,515 $0 0.00%
    Itasca Bank & Trust Co.'s top markets include and Chicago among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 33 $20,675,000 $626,515 $0 0.00%

    For 2023, Itasca Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 33 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 14 $10,220,000 $730,000 $0 0.00%
    Refi 13 $6,935,000 $533,462 $0 0.00%
    Home Improvement 4 $1,560,000 $390,000 $0 0.00%
    Other 2 $1,960,000 $980,000 $0 0.00%

    For 2023, Itasca Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 14 originations. The 2nd most popular reason was Refi, with 13 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 33 $20,675,000 $626,515 $0 0.00%

    For 2023, Itasca Bank & Trust Co.'s most frequently cited loan duration was Other, with 33 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 9 $2,465,000 $273,889 $0 0.00%
    $100k-200k 8 $1,210,000 $151,250 $0 0.00%
    $1MM+ 5 $10,255,000 $2,051,000 $0 0.00%
    $400k-600k 5 $2,345,000 $469,000 $0 0.00%
    $600k-1MM 5 $4,365,000 $873,000 $0 0.00%
    $100,000 or less 1 $35,000 $35,000 $0 0.00%

    2023 saw Itasca Bank & Trust Co. place emphasis on $200k-400k loans with 9 originations, totaling $2,465,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 3 $1,145,000 $381,667 $0 0.00%
    $250k+ 3 $1,315,000 $438,333 $0 0.00%
    $75k-100k 2 $190,000 $95,000 $0 0.00%
    $150k-250k 1 $885,000 $885,000 $0 0.00%
    $50k-75k 1 $105,000 $105,000 $0 0.00%

    Itasca Bank & Trust Co. lent most frequently to those with incomes in the $100k-150k range, with 3 originations. The second most popular income band? $250k+, with 3 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 33 $20,675,000 $626,515 $0 0.00%

    Itasca Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 33 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 21 $15,585,000 $742,143 $0 0.00%
    White 11 $4,935,000 $448,636 $0 0.00%
    Asian 1 $155,000 $155,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.59%

    Itasca Bank & Trust Co. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.94%

    Itasca Bank & Trust Co. has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 33 $20,675,000 $626,515

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    33 $20,675,000 $626,515