Old Plank Trail Community Bank Mortgage Rates, Fees & Info
Rosemont, ILLEI: 54930010ZG6EHTCJ1L21
Tax ID: 20-4226060
Latest/2023 | 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 loans. Old Plank Trail Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Los Angeles, Cape Coral, Des Moines, and Madison among others. We have data for 27 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
132Origination Dollar Volume (All Markets)
$75,890,000Top 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) | 80 | $49,060,000 | $613,250 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 7 | $5,965,000 | $852,143 | $0 | 0.00% |
| Outside of Metro Areas | 9 | $2,475,000 | $275,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $2,195,000 | $731,667 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 6 | $1,790,000 | $298,333 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 3 | $1,525,000 | $508,333 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 3 | $1,475,000 | $491,667 | $0 | 0.00% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $1,275,000 | $1,275,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $1,125,000 | $1,125,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $1,075,000 | $1,075,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $975,000 | $975,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| KANKAKEE, IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 132 | $75,890,000 | $574,924 | $0 | 0.00% |
For 2022, Old Plank Trail Community Bank's most frequently originated type of loan was Conventional, with 132 originations.
Loan Reason
For 2022, Old Plank Trail Community Bank's most frequently cited loan purpose was Home Purchase, with 94 originations. The 2nd most popular reason was Refi, with 22 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 132 | $75,890,000 | $574,924 | $0 | 0.00% |
For 2022, Old Plank Trail Community Bank's most frequently cited loan duration was Other, with 132 originations.
Loan Sizing
2022 saw Old Plank Trail Community Bank place emphasis on $200k-400k loans with 40 originations, totaling $11,560,000 in origination value.
Applicant Income
Old Plank Trail Community Bank lent most frequently to those with incomes in the $250k+ range, with 32 originations. The second most popular income band? $150k-250k, with 19 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 132 | $75,890,000 | $574,924 | $0 | 0.00% |
Old Plank Trail Community Bank lent most frequently to those with DTI ratios of Exempt%, with 132 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.62%
Old Plank Trail Community Bank has an average approval rate.
Pick Rate
Approvals leading to origination78.03%
Old Plank Trail Community Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 132 | $75,890,000 | $574,924 |