Petefish Skiles & Co. Mortgage Rates, Fees & Info

Virginia, IL

LEI: 549300032FNX4IOT2T93

Tax ID: 37-0461490

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • 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)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • 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: Effingham, Springfield, St. Louis, Peoria, and Charleston among others. We have data for 21 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% 11/21/24
    30 Year Conventional Refi 6.65% 11/21/24
    30 Year Cash-out Refi 6.65% 11/21/24
    30 Year USDA Purchase 7.00% 11/21/24
    15 Year Conventional Purchase 6.33% 11/21/24
    15 Year Conventional Refi 6.16% 11/21/24
    15 Year Cash-out Refi 6.16% 11/21/24
    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

    483

    Origination Dollar Volume (All Markets)

    $66,965,000

    Employee count

    46 Show all (8) awards

    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 198 $23,690,000 $119,646 $2,189 4.45%
    Effingham, IL (FHA|USDA|VA) 99 $17,385,000 $175,606 $2,635 3.93%
    SPRINGFIELD, IL (FHA|USDA|VA) 68 $8,240,000 $121,176 $2,080 4.37%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 21 $3,225,000 $153,571 $1,781 4.17%
    PEORIA, IL (FHA|USDA|VA) 19 $2,605,000 $137,105 $1,985 3.76%
    Charleston-Mattoon, IL (FHA|USDA|VA) 14 $2,300,000 $164,286 $2,271 3.91%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 11 $2,215,000 $201,364 $2,601 4.32%
    Jacksonville, IL (FHA|USDA|VA) 22 $1,810,000 $82,273 $1,959 4.88%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $1,025,000 $1,025,000 $4,247 4.25%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 3 $825,000 $275,000 $5,709 4.29%
    BLOOMINGTON, IL (FHA|USDA|VA) 4 $800,000 $200,000 $2,936 3.88%
    Centralia, IL (FHA|USDA|VA) 6 $760,000 $126,667 $2,070 4.42%
    Lincoln, IL (FHA|USDA|VA) 6 $650,000 $108,333 $2,841 4.27%
    DANVILLE, IL (FHA|USDA|VA) 3 $475,000 $158,333 $2,642 3.88%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $225,000 $225,000 $3,410 3.88%
    Pontiac, IL (FHA|USDA|VA) 1 $195,000 $195,000 $2,965 4.75%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 2 $160,000 $80,000 $2,230 4.00%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $135,000 $135,000 $1,728 4.00%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $105,000 $105,000 $3,784 3.88%
    DECATUR, IL (FHA|USDA|VA) 1 $75,000 $75,000 $1,372 5.25%
    MUSKEGON, MI (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.25%
    Petefish Skiles & Co.'s top markets include Effingham, Springfield, St. Louis, Peoria, and Charleston among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Michigan (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.

    UNIVERSITY OF ILLINOIS COMMUNITY
    Similarity Rank: 150
    HEARTLAND
    Similarity Rank: 182
    WEST COMMUNITY
    Similarity Rank: 190
    United Bank of Union
    Similarity Rank: 275
    D.W. BROWN MORTGAGE CORP.
    Similarity Rank: 302
    ELECTRO SAVINGS CREDIT UNION
    Similarity Rank: 396
    CapGrow Home Mortgage, LLC
    Similarity Rank: 450
    Dieterich Bank
    Similarity Rank: 468
    Ozarks Federal Savings and Loan Association
    Similarity Rank: 490
    Morton Community Bank
    Similarity Rank: 527

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 424 $61,270,000 $144,505 $2,193 4.30%
    USDA 59 $5,695,000 $96,525 $2,878 4.14%

    For 2019, Petefish Skiles & Co.'s most frequently originated type of loan was Conventional, with 424 originations. Their 2nd most popular type was USDA, with 59 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 252 $32,270,000 $128,056 $2,440 4.31%
    Refi 155 $26,865,000 $173,323 $2,004 4.12%
    Cash Out Refi 56 $6,610,000 $118,036 $2,693 4.09%
    Other 15 $755,000 $50,333 $927 5.99%
    Home Improvement 5 $465,000 $93,000 $1,179 5.21%

    For 2019, Petefish Skiles & Co.'s most frequently cited loan purpose was Home Purchase, with 252 originations. The 2nd most popular reason was Refi, with 155 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 304 $45,930,000 $151,086 $2,549 4.18%
    15 Year 75 $8,905,000 $118,733 $1,773 3.68%
    Other 52 $4,330,000 $83,269 $1,422 5.72%
    20 Year 27 $4,075,000 $150,926 $2,170 3.88%
    10 Year 21 $2,975,000 $141,667 $1,706 4.82%
    3 Year 3 $275,000 $91,667 $0 4.74%
    5 Year 1 $475,000 $475,000 $0 4.75%

    For 2019, Petefish Skiles & Co.'s most frequently cited loan duration was 30 Year, with 304 originations. The 2nd most popular length was 15 Year, with 75 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 237 $28,635,000 $120,823
    $1k-2k 160 $24,520,000 $153,250
    $2k-3k 37 $6,565,000 $177,432
    $3k-4k 12 $2,280,000 $190,000
    $5k+ 6 $1,720,000 $286,667
    $4k-5k 5 $1,175,000 $235,000

    Petefish Skiles & Co.'s average total fees were $2,549, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 237 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 231 $36,005,000 $155,866
    4-5% 185 $24,985,000 $135,054
    5-6% 34 $3,720,000 $109,412
    6-7% 19 $925,000 $48,684
    7-8% 8 $210,000 $26,250
    2.5-3% 5 $1,115,000 $223,000
    Over 8% 1 $5,000 $5,000

    During 2019, Petefish Skiles & Co.'s average interest rate for loans was 4.18%, while their most frequently originated rate bucket for loans was 3-4%, with 231 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 199 $28,055,000 $140,980 $2,292 4.07%
    $100,000 or less 186 $11,790,000 $63,387 $1,878 4.67%
    $200k-400k 93 $24,265,000 $260,914 $2,971 3.97%
    $400k-600k 4 $1,830,000 $457,500 $1,785 4.13%
    $1MM+ 1 $1,025,000 $1,025,000 $4,247 4.25%

    2019 saw Petefish Skiles & Co. place emphasis on $100k-200k loans with 199 originations, totaling $28,055,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 129 $15,555,000 $120,581 $2,324 4.29%
    $50k or less 122 $9,340,000 $76,557 $2,175 4.47%
    $100k-150k 93 $17,155,000 $184,462 $2,315 4.19%
    $75k-100k 90 $14,380,000 $159,778 $2,416 4.22%
    $150k-250k 30 $6,480,000 $216,000 $2,197 3.84%
    $250k+ 8 $2,700,000 $337,500 $1,859 4.63%

    Petefish Skiles & Co. lent most frequently to those with incomes in the $50k-75k range, with 129 originations. The second most popular income band? $50k or less, with 122 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 171 $25,115,000 $146,871 $2,200 4.19%
    30-36% 106 $14,730,000 $138,962 $2,450 4.26%
    <20% 67 $8,215,000 $122,612 $1,997 4.16%
    36% 14 $1,660,000 $118,571 $2,205 4.21%
    37% 14 $2,170,000 $155,000 $2,432 4.00%
    38% 12 $1,550,000 $129,167 $2,952 4.29%
    42% 11 $1,605,000 $145,909 $2,025 4.54%
    40% 11 $2,095,000 $190,455 $2,624 4.45%
    41% 11 $1,315,000 $119,545 $2,067 4.41%
    46% 10 $1,140,000 $114,000 $1,959 4.45%
    39% 10 $1,800,000 $180,000 $2,948 4.03%
    48% 7 $1,515,000 $216,429 $2,589 4.05%
    44% 7 $885,000 $126,429 $3,131 4.90%
    45% 6 $1,010,000 $168,333 $2,548 4.50%
    43% 5 $565,000 $113,000 $1,911 4.84%
    49% 4 $500,000 $125,000 $2,156 3.97%
    47% 2 $230,000 $115,000 $1,882 4.69%
    50-60% 2 $80,000 $40,000 $662 5.72%
    >60% 1 $45,000 $45,000 $0 4.99%

    Petefish Skiles & Co. lent most frequently to those with DTI ratios of 20-30%, with 171 originations. The next most common DTI ratio? 30-36%, with 106 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 471 $65,725,000 $139,544 $2,281 4.27%
    Not applicable 6 $490,000 $81,667 $0 5.27%
    Not provided 1 $305,000 $305,000 $2,385 4.38%
    Asian 3 $265,000 $88,333 $1,855 4.13%
    Black 2 $180,000 $90,000 $2,887 3.75%

    Approval Rates

    Total approvals of all applications
    83.23%

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

    Pick Rate

    Approvals leading to origination
    84.89%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 483 $66,965,000 $138,644

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 23 $2,185,000 $95,000
    Single Family (1-4 Units):Site-Built 460 $64,780,000 $140,826

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 15 $1,095,000 $73,000 $1,296 4.85%
    40-60% 55 $5,795,000 $105,364 $1,589 4.37%
    60-80% 170 $24,110,000 $141,824 $2,208 4.16%
    80-100% 234 $35,750,000 $152,778 $2,577 4.21%
    Under 20% 9 $215,000 $23,889 $553 7.06%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Petefish, Skiles & Co. 102 West Beardstown Street Virginia, IL 62691 Full Service B&M $88,288
    Petefish, Skiles & Co. 121 North 6th Street Petersburg, IL 62675 Full Service B&M $37,775
    Petefish, Skiles & Co. 400 East Dearborn Street Havana, IL 62644 Full Service B&M $23,957

    For 2019, Petefish Skiles & Co. had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $8,229
    Net interest income $6,889
    Total noninterest income $2,177
    Gross Fiduciary activities income $57
    Service charges on deposit accounts $293
    Trading account gains and fees $0
    Additional Noninterest Income $1,827
    Pre-tax net operating income $2,721
    Securities gains (or losses, -) $11
    Income before extraordinary items $2,696
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $2,696
    Minority interest net income $0
    Net income $2,696
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $2,685

    Petefish Skiles & Co.'s gross interest income from loans was $8,229,000.
    Petefish Skiles & Co.'s net interest income from loans was $6,889,000.
    Petefish Skiles & Co.'s fee based income from loans was $293,000.
    Petefish Skiles & Co.'s net income from loans was $2,696,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,340
    Provision for credit losses $375
    Total noninterest expense $5,970
    Salaries and employee benefits $3,503
    Premises and equipment expense $537
    Additional noninterest expense $1,930
    Applicable income taxes $36
    Net charge-offs $112
    Cash dividends $1,750

    Petefish Skiles & Co.'s interest expense for loans was $1,340,000.
    Petefish Skiles & Co.'s payroll and benefits expense were $3,503,000.
    Petefish Skiles & Co.'s property, plant and equipment expenses $537,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 2.0%
    Personal loans 0.0%
    Credit card loans 0.2%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $153,745
    Deposits held in domestic offices $153,745
    Deposits by Individuals, partnerships, and corporations $136,822
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $16,394
    Deposits by Commercial banks and other depository institutions in U.S. $529
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $69,313
    Demand deposits $24,527
    Nontransaction accounts $84,432
    Money market deposit accounts (MMDAs) $12,156
    Other savings deposits (excluding MMDAs) $23,124
    Total time deposits $49,152
    Total time and savings deposits $129,218
    Noninterest-bearing deposits $24,527
    Interest-bearing deposits $129,218
    Retail deposits $152,602
    IRAs and Keogh plan accounts $7,450
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $193,834
    Cash & Balances due from depository institutions $11,172
    Interest-bearing balances $8,310
    Total securities $45,365
    Federal funds sold & reverse repurchase $0
    Net loans and leases $124,480
    Loan and leases loss allowance $1,019
    Trading account assets $0
    Bank premises and fixed assets $2,875
    Other real estate owned $40
    Goodwill and other intangibles $4,801
    All other assets $5,101

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $193,834
    Total Liabilities $167,687
    Total deposits $153,745
    Interest-bearing deposits $129,218
    Deposits held in domestic offices $153,745
    % insured (estimated) $90
    Federal funds purchased and repurchase agreements $3,515
    Trading liabilities $0
    Other borrowed funds $10,000
    Subordinated debt $0
    All other liabilities $427

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $124,480
    Loan and leases loss allowance $1,019
    Total loans and leases (domestic) $125,499
    All real estate loans $75,539
    Real estate loans in domestic offices $75,539
    Construction and development loans $2,852
    Residential 1-4 family construction $2,546
    Other construction, all land development and other land $306
    Loans secured by nonfarm nonresidential properties $14,440
    Nonfarm nonresidential secured by owner-occupied properties $1,277
    Commercial real estate & other non-farm, non-residential $13,163
    Multifamily residential real estate $0
    1-4 family residential loans $23,045
    Farmland loans $35,202
    Loans held in foreign offices $0
    Farm loans $24,690
    Commercial and industrial loans $7,843
    To non-U.S. addressees $0
    Loans to individuals $16,432
    Credit card loans $486
    Related Plans $0
    Consumer Auto Loans $10,841
    Other loans to individuals $5,105
    All other loans & leases $995
    Loans to foreign governments and official institutions $0
    Other loans $0
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Petefish Skiles & Co. had $124,480,000 of loans outstanding in 2019. $75,539,000 of loans were in real estate loans. $2,852,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $23,045,000 of loans were in 1-4 family mortgage loans. $24,690,000 of loans were in farm loans. $486,000 of loans were in credit card loans. $10,841,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 131 $11,818 $90,214
    Nonfarm, nonresidential loans - <$100k 89 $3,377 $37,944
    Nonfarm, nonresidential loans - $100-250k 29 $3,693 $127,345
    Nonfarm, nonresidential loans - $250k-1MM 13 $4,748 $365,231
    Commercial & Industrial, US addressed loans - <$1MM 124 $6,745 $54,395
    Commercial & Industrial, US addressed loans - <$100k 90 $2,035 $22,611
    Commercial & Industrial, US addressed loans - $100-250k 20 $2,119 $105,950
    Commercial & Industrial, US addressed loans - $250k-1MM 14 $2,591 $185,071
    Farmland loans - <$1MM 80 $12,305 $153,813
    Farmland loans - <$100k 26 $1,145 $44,038
    Farmland loans - $100-250k 32 $4,464 $139,500
    Farmland loans - $250k-1MM 22 $6,696 $304,364
    Agriculture operations loans - <$1MM 140 $10,763 $76,879
    Agriculture operations loans - <$100k 101 $2,386 $23,624
    Agriculture operations loans - $100-250k 17 $1,864 $109,647
    Agriculture operations loans - $250k-1MM 22 $6,513 $296,045