The First National Bank And Trust Company Mortgage Rates, Fees & Info

Beloit, WI

LEI: 5493001SSNVCONGBH947

Tax ID: 39-0159135

5 stars - Updated: 4/5/25 - out of 5 stars, based on 20 reviews

Latest/2024 | 2023 Data | 2022 Data | 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

    The First National Bank And Trust Company is a smaller bank specializing in Home Purchase loans. The First National Bank And Trust Company has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Janesville, Whitewater, Rockford, Madison, and Milwaukee among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The First National Bank And Trust Company 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. The First National Bank And Trust Company 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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 7.73% 4/5/25
    30 Year Conventional Purchase 7.13% 4/5/25
    30 Year Conventional Refi 6.82% 4/5/25
    30 Year Cash-out Refi 7.38% 4/5/25
    30 Year USDA Purchase 6.73% 4/5/25
    15 Year Conventional Purchase 6.73% 4/5/25
    15 Year Conventional Refi 6.44% 4/5/25
    15 Year Cash-out Refi 6.44% 4/5/25
    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.

    The First National Bank And Trust Company Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from The First National Bank And Trust Company. 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

    386

    Origination Dollar Volume (All Markets)

    $66,520,000

    Awards

    The First National Bank and Trust Company 30 Year Conventional Loans silver
    Show all (1) awards

    Relative Rate

    The First National Bank And Trust Company's average 30 year fixed mortgage rate was 7.04%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.49%.

    Relative Fees (Closing Costs)

    The First National Bank And Trust Company's average total fees/closing costs for a 30 year fixed rate mortgage were $3,228.

    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 $8,356.

    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
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 156 $25,860,000 $165,769 $1,616 7.89%
    Whitewater, WI (FHA|USDA|VA) 73 $16,405,000 $224,726 $1,699 7.74%
    ROCKFORD, IL (FHA|USDA|VA) 85 $9,445,000 $111,118 $1,500 8.18%
    MADISON, WI (FHA|USDA|VA) 30 $5,170,000 $172,333 $1,769 7.85%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 5 $2,655,000 $531,000 $2,698 7.06%
    Outside of Metro Areas 12 $2,330,000 $194,167 $1,864 7.72%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 10 $1,890,000 $189,000 $2,460 7.73%
    Beaver Dam, WI (FHA|USDA|VA) 2 $940,000 $470,000 $2,739 6.88%
    Rochelle, IL (FHA|USDA|VA) 3 $595,000 $198,333 $3,074 7.21%
    Freeport, IL (FHA|USDA|VA) 5 $465,000 $93,000 $1,364 8.76%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $315,000 $315,000 $5,340 7.13%
    FOND DU LAC, WI (FHA|USDA|VA) 1 $225,000 $225,000 $2,985 7.13%
    Platteville, WI (FHA|USDA|VA) 1 $155,000 $155,000 $4,708 6.63%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $55,000 $55,000 $2,847 6.50%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $15,000 $15,000 $0 7.90%
    The First National Bank And Trust Company's top markets include Janesville, Whitewater, Rockford, Madison, and Milwaukee among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against The First National Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    First Savings Bank of Hegewisch
    Similarity Rank: 36
    Glacier Hills Credit Union
    Similarity Rank: 49
    Liberty Bank for Savings
    Similarity Rank: 79
    NORTHWESTERN MUTUAL
    Similarity Rank: 91
    Stillman Bank
    Similarity Rank: 126
    Rock Valley Credit Union
    Similarity Rank: 168
    National Exchange Bank and Trust
    Similarity Rank: 189
    Heartland Credit Union (Madison)
    Similarity Rank: 204
    Westbury Bank
    Similarity Rank: 220
    First Community Credit Union
    Similarity Rank: 270

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 381 $65,375,000 $171,588 $1,686 7.88%
    HELOC 4 $990,000 $247,500 n/a 9.25%
    USDA 1 $155,000 $155,000 $4,708 6.63%

    For 2024, The First National Bank And Trust Company's most frequently originated type of loan was Conventional, with 381 originations. Their 2nd most popular type was HELOC, with 4 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 180 $44,330,000 $246,278 $3,180 7.12%
    Other 74 $3,820,000 $51,622 $124 9.13%
    Home Improvement 57 $7,265,000 $127,456 $112 8.72%
    Cash Out Refi 57 $7,875,000 $138,158 $1,223 8.24%
    Refi 18 $3,230,000 $179,444 $1,742 6.75%

    For 2024, The First National Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 180 originations. The 2nd most popular reason was Other, with 74 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 171 $42,595,000 $249,094 $3,228 7.04%
    15 Year 114 $10,690,000 $93,772 $555 8.93%
    10 Year 52 $3,540,000 $68,077 $99 8.62%
    5 Year 36 $6,700,000 $186,111 $0 7.98%
    20 Year 8 $1,530,000 $191,250 $2,757 6.44%
    3 Year 3 $755,000 $251,667 $0 7.51%
    Other 2 $710,000 $355,000 $0 8.05%

    For 2024, The First National Bank And Trust Company's most frequently cited loan duration was 30 Year, with 171 originations. The 2nd most popular length was 15 Year, with 114 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 311 $46,945,000 $150,949
    $1k-2k 24 $4,760,000 $198,333
    $2k-3k 7 $1,855,000 $265,000
    $3k-4k 4 $1,340,000 $335,000
    $4k-5k 1 $305,000 $305,000
    $5k+ 1 $245,000 $245,000

    The First National Bank And Trust Company's average total fees were $3,228, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 311 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 144 $11,820,000 $82,083
    7-8% 115 $19,155,000 $166,565
    6-7% 110 $31,820,000 $289,273
    5-6% 17 $3,725,000 $219,118

    During 2024, The First National Bank And Trust Company's average interest rate for loans was 7.04%, while their most frequently originated rate bucket for loans was Over 8%, with 144 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 184 $8,440,000 $45,870 $388 8.75%
    $200k-400k 93 $25,015,000 $268,978 $3,176 6.92%
    $100k-200k 78 $11,420,000 $146,410 $2,536 7.39%
    $400k-600k 21 $9,845,000 $468,810 $3,154 6.92%
    $600k-1MM 7 $4,785,000 $683,571 $3,377 7.14%
    $1MM+ 3 $7,015,000 $2,338,333 $4,414 7.12%

    2024 saw The First National Bank And Trust Company place emphasis on $100,000 or less loans with 184 originations, totaling $8,440,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 92 $13,510,000 $146,848 $1,660 8.00%
    $50k-75k 85 $8,545,000 $100,529 $1,415 7.80%
    $50k or less 59 $3,845,000 $65,169 $1,311 8.28%
    $75k-100k 58 $7,660,000 $132,069 $1,612 7.83%
    $150k-250k 45 $11,455,000 $254,556 $2,167 7.83%
    $250k+ 28 $13,160,000 $470,000 $3,082 7.23%

    The First National Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 92 originations. The second most popular income band? $50k-75k, with 85 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 77 $11,555,000 $150,065 $1,537 8.10%
    20-30% 69 $8,595,000 $124,565 $1,481 7.90%
    39% 26 $4,080,000 $156,923 $1,786 8.18%
    37% 24 $2,680,000 $111,667 $1,397 8.22%
    42% 20 $1,700,000 $85,000 $782 8.37%
    <20% 19 $3,205,000 $168,684 $2,142 7.20%
    38% 19 $2,515,000 $132,368 $1,549 7.38%
    41% 18 $2,480,000 $137,778 $1,032 8.48%
    40% 15 $3,335,000 $222,333 $2,526 7.43%
    36% 14 $1,690,000 $120,714 $1,184 8.38%
    43% 14 $1,840,000 $131,429 $1,844 7.92%
    44% 11 $1,845,000 $167,727 $1,657 7.88%
    46% 10 $2,370,000 $237,000 $2,597 7.14%
    48% 8 $3,200,000 $400,000 $3,379 7.08%
    45% 7 $2,805,000 $400,714 $4,085 7.71%
    47% 7 $1,735,000 $247,857 $3,414 6.61%
    49% 5 $1,285,000 $257,000 $2,100 7.41%
    50-60% 2 $810,000 $405,000 $2,092 7.51%
    >60% 2 $450,000 $225,000 $2,826 7.25%

    The First National Bank And Trust Company lent most frequently to those with DTI ratios of 30-36%, with 77 originations. The next most common DTI ratio? 20-30%, with 69 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 356 $54,250,000 $152,388 $1,642 7.94%
    Not applicable 12 $7,020,000 $585,000 $0 7.55%
    Asian 5 $2,835,000 $567,000 $3,688 6.83%
    Not provided 7 $1,635,000 $233,571 $3,024 6.96%
    Black 5 $725,000 $145,000 $1,924 7.71%
    American Indian 1 $55,000 $55,000 $0 8.95%

    Approval Rates

    Total approvals of all applications
    90.02%

    The First National Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.12%

    The First National Bank And Trust Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 386 $66,520,000 $172,332

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    386 $66,520,000 $172,332

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 58 $5,990,000 $103,276 $701 8.44%
    40-60% 38 $5,320,000 $140,000 $1,632 7.59%
    60-80% 82 $23,980,000 $292,439 $3,157 7.13%
    80-100% 92 $26,610,000 $289,239 $3,310 7.02%
    Under 20% 116 $4,620,000 $39,828 $77 8.95%