Crystal Lake Bank And Trust Mortgage Rates, Fees & Info

Rosemont, IL

LEI: 3HICJPQ15PGZSBFDNJ82

Tax ID: 36-4196863

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Mortgage Data

Review & Overview

Crystal Lake Bank And Trust is a smaller bank specializing in Refi and Home Purchase loans. Crystal Lake Bank And Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Naples, and Rockford among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)

Crystal Lake Bank And Trust 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

53

Origination Dollar Volume (All Markets)

$37,095,000

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) 51 $35,635,000 $698,725 $0 0.00%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $1,295,000 $1,295,000 $0 0.00%
ROCKFORD, IL (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
Crystal Lake Bank And Trust's top markets include Chicago, Naples, and Rockford among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 53 $37,095,000 $699,906 $0 0.00%

    For 2019, Crystal Lake Bank And Trust's most frequently originated type of loan was Conventional, with 53 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 24 $25,820,000 $1,075,833 $0 0.00%
    Home Purchase 22 $10,250,000 $465,909 $0 0.00%
    Home Improvement 3 $355,000 $118,333 $0 0.00%
    Cash Out Refi 3 $605,000 $201,667 $0 0.00%
    Other 1 $65,000 $65,000 $0 0.00%

    For 2019, Crystal Lake Bank And Trust's most frequently cited loan purpose was Refi, with 24 originations. The 2nd most popular reason was Home Purchase, with 22 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 53 $37,095,000 $699,906 $0 0.00%

    For 2019, Crystal Lake Bank And Trust's most frequently cited loan duration was Other, with 53 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 14 $4,010,000 $286,429 $0 0.00%
    $100,000 or less 11 $815,000 $74,091 $0 0.00%
    $100k-200k 11 $1,715,000 $155,909 $0 0.00%
    $1MM+ 9 $25,385,000 $2,820,556 $0 0.00%
    $400k-600k 4 $2,050,000 $512,500 $0 0.00%
    $600k-1MM 4 $3,120,000 $780,000 $0 0.00%

    2019 saw Crystal Lake Bank And Trust place emphasis on $200k-400k loans with 14 originations, totaling $4,010,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 5 $1,465,000 $293,000 $0 0.00%
    $150k-250k 4 $1,740,000 $435,000 $0 0.00%
    $50k-75k 3 $625,000 $208,333 $0 0.00%
    $100k-150k 2 $250,000 $125,000 $0 0.00%
    $250k+ 2 $2,910,000 $1,455,000 $0 0.00%
    $50k or less 2 $150,000 $75,000 $0 0.00%

    Crystal Lake Bank And Trust lent most frequently to those with incomes in the $75k-100k range, with 5 originations. The second most popular income band? $150k-250k, with 4 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 53 $37,095,000 $699,906 $0 0.00%

    Crystal Lake Bank And Trust lent most frequently to those with DTI ratios of Exempt%, with 53 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 27 $29,235,000 $1,082,778 $0 0.00%
    White 24 $7,180,000 $299,167 $0 0.00%
    Asian 1 $585,000 $585,000 $0 0.00%
    Black 1 $95,000 $95,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.31%

    Crystal Lake Bank And Trust 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
    90.57%

    Crystal Lake Bank And Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 53 $37,095,000 $699,906

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 11 $22,575,000 $2,052,273
    Single Family (1-4 Units):Site-Built 42 $14,520,000 $345,714