Petefish Skiles & Co. Mortgage Rates, Fees & Info

Virginia, IL

LEI: 549300032FNX4IOT2T93

Tax ID: 37-0461490

5 stars - Updated: 12/10/23 - out of 5 stars, based on 21 reviews

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • 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

    Petefish Skiles & Co. is a smaller mortgage company specializing in Home Purchase and Refi loans. Petefish Skiles & Co. has a high proportion of conventional loans. Their top markets by origination volume include: Jacksonville, Springfield, Mount Vernon, Peoria, and St. Louis among others. We have data for 31 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Petefish Skiles & Co. has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Petefish Skiles & Co. is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.84% 12/10/23
    30 Year Conventional Refi 6.65% 12/10/23
    30 Year Cash-out Refi 6.65% 12/10/23
    30 Year USDA Purchase 7.00% 12/10/23
    15 Year Conventional Purchase 6.33% 12/10/23
    15 Year Conventional Refi 6.16% 12/10/23
    15 Year Cash-out Refi 6.16% 12/10/23
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Petefish Skiles & Co. Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Petefish Skiles & Co.. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    446

    Origination Dollar Volume (All Markets)

    $61,660,000
    Show all (12) awards

    Relative Rate

    Petefish Skiles & Co.'s average 30 year fixed mortgage rate was 5.13%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of 0.37%.

    Relative Fees (Closing Costs)

    Petefish Skiles & Co.'s average total fees/closing costs for a 30 year fixed rate mortgage were $2,721.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    Outside of Metro Areas 186 $22,370,000 $120,269 $2,421 5.18%
    Jacksonville, IL (FHA|USDA|VA) 74 $9,720,000 $131,351 $1,696 4.75%
    SPRINGFIELD, IL (FHA|USDA|VA) 52 $7,410,000 $142,500 $2,076 4.84%
    Mount Vernon, IL (FHA|USDA|VA) 25 $3,295,000 $131,800 $2,266 5.04%
    PEORIA, IL (FHA|USDA|VA) 20 $3,250,000 $162,500 $2,505 4.54%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 16 $2,800,000 $175,000 $2,486 5.08%
    Effingham, IL (FHA|USDA|VA) 18 $2,690,000 $149,444 $2,988 4.94%
    Charleston-Mattoon, IL (FHA|USDA|VA) 8 $1,600,000 $200,000 $4,021 4.91%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 4 $1,200,000 $300,000 $2,878 6.19%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $1,040,000 $520,000 $7,376 6.01%
    BLOOMINGTON, IL (FHA|USDA|VA) 7 $965,000 $137,857 $2,210 4.71%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $605,000 $605,000 $7,737 3.50%
    Lincoln, IL (FHA|USDA|VA) 5 $535,000 $107,000 $2,938 4.85%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 3 $465,000 $155,000 $1,941 5.79%
    Pontiac, IL (FHA|USDA|VA) 1 $375,000 $375,000 $3,289 7.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $350,000 $175,000 $4,629 4.63%
    DECATUR, IL (FHA|USDA|VA) 1 $335,000 $335,000 $5,647 6.00%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $335,000 $335,000 $4,597 3.75%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 2 $320,000 $160,000 $3,292 3.94%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $275,000 $275,000 $2,695 6.63%
    DANVILLE, IL (FHA|USDA|VA) 4 $270,000 $67,500 $2,611 5.78%
    Taylorville, IL (FHA|USDA|VA) 4 $240,000 $60,000 $2,276 4.91%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $205,000 $205,000 $2,971 3.50%
    Centralia, IL (FHA|USDA|VA) 1 $195,000 $195,000 $2,249 6.88%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $155,000 $155,000 $1,662 3.50%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $145,000 $145,000 $1,691 3.25%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $135,000 $135,000 $2,404 4.75%
    LAFAYETTE, LA (FHA|USDA|VA) 1 $135,000 $135,000 $3,010 4.13%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $125,000 $125,000 $3,779 6.00%
    Vincennes, IN (FHA|USDA|VA) 1 $75,000 $75,000 $2,477 5.50%
    TYLER, TX (FHA|USDA|VA) 1 $45,000 $45,000 $1,623 6.88%
    Petefish Skiles & Co.'s top markets include Jacksonville, Springfield, Mount Vernon, Peoria, and St. Louis among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Petefish Skiles & Co. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    First State Bank
    Similarity Rank: 27
    HEARTLAND
    Similarity Rank: 84
    Alliance Community Bank
    Similarity Rank: 144
    D.W. BROWN MORTGAGE CORP.
    Similarity Rank: 209
    Goodfield State Bank
    Similarity Rank: 216
    UNIVERSITY OF ILLINOIS COMMUNITY
    Similarity Rank: 216
    Town & Country Bank
    Similarity Rank: 328
    Prairie State Bank and Trust
    Similarity Rank: 342
    Hickory Point Bank and Trust
    Similarity Rank: 495
    Ozarks Federal Savings and Loan Association
    Similarity Rank: 518

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 390 $56,180,000 $144,051 $2,288 4.99%
    USDA 56 $5,480,000 $97,857 $3,022 5.16%

    For 2022, Petefish Skiles & Co.'s most frequently originated type of loan was Conventional, with 390 originations. Their 2nd most popular type was USDA, with 56 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 267 $35,555,000 $133,165 $2,601 5.15%
    Refi 122 $19,240,000 $157,705 $1,938 4.77%
    Cash Out Refi 41 $5,545,000 $135,244 $2,442 4.86%
    Other 16 $1,320,000 $82,500 $1,887 4.93%

    For 2022, Petefish Skiles & Co.'s most frequently cited loan purpose was Home Purchase, with 267 originations. The 2nd most popular reason was Refi, with 122 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 282 $41,600,000 $147,518 $2,721 5.13%
    15 Year 61 $7,325,000 $120,082 $1,783 4.05%
    Other 57 $5,325,000 $93,421 $1,407 5.80%
    10 Year 27 $4,975,000 $184,259 $1,205 4.38%
    20 Year 16 $2,330,000 $145,625 $2,420 4.63%
    3 Year 2 $90,000 $45,000 $0 6.75%
    1 Year 1 $15,000 $15,000 $529 6.00%

    For 2022, Petefish Skiles & Co.'s most frequently cited loan duration was 30 Year, with 282 originations. The 2nd most popular length was 15 Year, with 61 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 263 $30,655,000 $116,559
    $1k-2k 100 $14,040,000 $140,400
    $2k-3k 21 $3,145,000 $149,762
    $3k-4k 17 $4,235,000 $249,118
    $4k-5k 10 $3,210,000 $321,000
    $5k+ 4 $1,300,000 $325,000

    Petefish Skiles & Co.'s average total fees were $2,721, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 263 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 144 $19,510,000 $135,486
    4-5% 109 $14,615,000 $134,083
    3-4% 96 $14,420,000 $150,208
    6-7% 63 $8,835,000 $140,238
    2.5-3% 17 $2,245,000 $132,059
    7-8% 14 $1,420,000 $101,429
    Over 8% 2 $430,000 $215,000
    <2.5% 1 $185,000 $185,000

    During 2022, Petefish Skiles & Co.'s average interest rate for loans was 5.13%, while their most frequently originated rate bucket for loans was 5-6%, with 144 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 196 $12,980,000 $66,224 $1,914 5.09%
    $100k-200k 166 $23,820,000 $143,494 $2,464 4.92%
    $200k-400k 71 $18,635,000 $262,465 $3,090 4.97%
    $400k-600k 11 $4,985,000 $453,182 $5,108 5.48%
    $600k-1MM 2 $1,240,000 $620,000 $7,737 3.75%

    2022 saw Petefish Skiles & Co. place emphasis on $100,000 or less loans with 196 originations, totaling $12,980,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 119 $9,775,000 $82,143 $2,187 4.92%
    $50k-75k 105 $11,465,000 $109,190 $2,414 5.29%
    $100k-150k 81 $13,875,000 $171,296 $2,409 4.94%
    $75k-100k 66 $10,110,000 $153,182 $2,415 5.03%
    $150k-250k 37 $7,605,000 $205,541 $2,783 5.02%
    $250k+ 25 $5,725,000 $229,000 $2,820 4.75%

    Petefish Skiles & Co. lent most frequently to those with incomes in the $50k or less range, with 119 originations. The second most popular income band? $50k-75k, with 105 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 139 $18,135,000 $130,468 $2,283 5.06%
    30-36% 91 $12,595,000 $138,407 $2,461 5.02%
    <20% 71 $9,555,000 $134,577 $2,221 4.72%
    39% 24 $3,260,000 $135,833 $2,605 5.12%
    37% 17 $2,475,000 $145,588 $2,818 5.21%
    38% 17 $2,325,000 $136,765 $2,913 5.05%
    36% 13 $1,135,000 $87,308 $1,715 4.82%
    41% 11 $1,545,000 $140,455 $2,590 4.90%
    40% 9 $1,115,000 $123,889 $2,729 5.12%
    42% 7 $985,000 $140,714 $2,028 5.43%
    46% 7 $785,000 $112,143 $1,945 4.82%
    44% 6 $960,000 $160,000 $2,019 4.23%
    43% 6 $1,550,000 $258,333 $4,036 6.23%
    >60% 3 $205,000 $68,333 $1,019 5.75%
    48% 3 $395,000 $131,667 $2,776 4.92%
    49% 2 $340,000 $170,000 $3,163 5.44%
    50-60% 2 $220,000 $110,000 $1,654 6.75%
    45% 2 $300,000 $150,000 $2,981 6.63%
    47% 1 $265,000 $265,000 $1,642 4.25%

    Petefish Skiles & Co. lent most frequently to those with DTI ratios of 20-30%, with 139 originations. The next most common DTI ratio? 30-36%, with 91 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 424 $57,240,000 $135,000 $2,378 5.04%
    Not applicable 8 $2,340,000 $292,500 $0 4.30%
    Not provided 8 $1,030,000 $128,750 $3,009 5.45%
    Asian 4 $940,000 $235,000 $1,985 3.34%
    American Indian 1 $65,000 $65,000 $0 4.50%
    Black 1 $45,000 $45,000 $2,660 5.25%

    Approval Rates

    Total approvals of all applications
    81.70%

    Petefish Skiles & Co. has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    72.20%

    Petefish Skiles & Co. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 446 $61,660,000 $138,251

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    446 $61,660,000 $138,251

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 30 $2,580,000 $86,000 $1,531 5.05%
    40-60% 51 $7,065,000 $138,529 $1,918 4.27%
    60-80% 138 $20,130,000 $145,870 $2,194 4.93%
    80-100% 218 $31,510,000 $144,541 $2,770 5.19%
    Under 20% 9 $375,000 $41,667 $611 6.10%