Old Plank Trail Community Bank Mortgage Rates, Fees & Info
Rosemont, ILLEI: 54930010ZG6EHTCJ1L21
Tax ID: 20-4226060
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Old Plank Trail Community Bank is a smaller bank specializing in Home Purchase and Refi loans. Old Plank Trail Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, San Francisco, Los Angeles, Rockford, and Watertown among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)Old Plank Trail Community Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
87Origination Dollar Volume (All Markets)
$97,465,000Top 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) | 54 | $61,160,000 | $1,132,593 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 7 | $8,155,000 | $1,165,000 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 4 | $4,860,000 | $1,215,000 | $0 | 0.00% |
| ROCKFORD, IL (FHA|USDA|VA) | 2 | $3,590,000 | $1,795,000 | $0 | 0.00% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $2,675,000 | $2,675,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 3 | $2,575,000 | $858,333 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $1,530,000 | $765,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $1,405,000 | $1,405,000 | $0 | 0.00% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $1,345,000 | $1,345,000 | $0 | 0.00% |
| Warsaw, IN (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $0 | 0.00% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $1,125,000 | $1,125,000 | $0 | 0.00% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $1,085,000 | $1,085,000 | $0 | 0.00% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $1,075,000 | $1,075,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $0 | 0.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $0 | 0.00% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 87 | $97,465,000 | $1,120,287 | $0 | 0.00% |
For 2024, Old Plank Trail Community Bank's most frequently originated type of loan was Conventional, with 87 originations.
Loan Reason
For 2024, Old Plank Trail Community Bank's most frequently cited loan purpose was Home Purchase, with 57 originations. The 2nd most popular reason was Refi, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 87 | $97,465,000 | $1,120,287 | $0 | 0.00% |
For 2024, Old Plank Trail Community Bank's most frequently cited loan duration was Other, with 87 originations.
Loan Sizing
2024 saw Old Plank Trail Community Bank place emphasis on $1MM+ loans with 29 originations, totaling $72,195,000 in origination value.
Applicant Income
Old Plank Trail Community Bank lent most frequently to those with incomes in the $250k+ range, with 27 originations. The second most popular income band? $150k-250k, with 16 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 87 | $97,465,000 | $1,120,287 | $0 | 0.00% |
Old Plank Trail Community Bank lent most frequently to those with DTI ratios of Exempt%, with 87 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.35%
Old Plank Trail Community Bank has an average approval rate.
Pick Rate
Approvals leading to origination86.21%
Old Plank Trail Community Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 87 | $97,465,000 | $1,120,287 |