Byline Bank Mortgage Rates, Fees & Info
Chicago, ILLEI: 54930011HPXXLJN2D407
Tax ID: 36-2729588
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Byline Bank is a smaller bank specializing in Home Purchase, Refi, and Home Improvement loans. Byline Bank has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Kansas City, Janesville, Minneapolis, and Rockford among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Byline 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
25Origination Dollar Volume (All Markets)
$37,635,000Top 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) | 19 | $27,335,000 | $1,438,684 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $6,505,000 | $6,505,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $1,850,000 | $925,000 | $0 | 0.00% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 1 | $1,105,000 | $1,105,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 25 | $37,635,000 | $1,505,400 | $0 | 0.00% |
For 2024, Byline Bank's most frequently originated type of loan was Conventional, with 25 originations.
Loan Reason
For 2024, Byline Bank's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Refi, with 4 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 25 | $37,635,000 | $1,505,400 | $0 | 0.00% |
For 2024, Byline Bank's most frequently cited loan duration was Other, with 25 originations.
Loan Sizing
2024 saw Byline Bank place emphasis on $1MM+ loans with 10 originations, totaling $31,080,000 in origination value.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 25 | $37,635,000 | $1,505,400 | $0 | 0.00% |
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 24 | $37,410,000 | $1,558,750 | $0 | 0.00% |
| White | 1 | $225,000 | $225,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications91.67%
Byline Bank has an average approval rate.
Pick Rate
Approvals leading to origination76.00%
Byline Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 25 | $37,635,000 | $1,505,400 |