Blackhawk Bank & Trust Mortgage Rates, Fees & Info
Milan, ILLEI: 5493002L7I6EYKW3NG91
Tax ID: 36-2463577
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Blackhawk Bank & Trust is a smaller bank specializing in Home Purchase loans. Blackhawk Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Davenport, Cape Coral, Virginia Beach, Nashville, and Chicago among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Blackhawk Bank & Trust 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.
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Originations
192Origination Dollar Volume (All Markets)
$43,590,000Top 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 |
|---|---|---|---|---|---|
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 170 | $33,700,000 | $198,235 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 5 | $2,725,000 | $545,000 | $0 | 0.00% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $2,205,000 | $2,205,000 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $1,190,000 | $297,500 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $1,060,000 | $530,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 3 | $1,035,000 | $345,000 | $0 | 0.00% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 0.00% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| NILES, MI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Clinton, IA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Galesburg, IL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Macomb, IL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 192 | $43,590,000 | $227,031 | $0 | 0.00% |
For 2024, Blackhawk Bank & Trust's most frequently originated type of loan was Conventional, with 192 originations.
Loan Reason
For 2024, Blackhawk Bank & Trust's most frequently cited loan purpose was Home Purchase, with 130 originations. The 2nd most popular reason was Refi, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 192 | $43,590,000 | $227,031 | $0 | 0.00% |
For 2024, Blackhawk Bank & Trust's most frequently cited loan duration was Other, with 192 originations.
Loan Sizing
2024 saw Blackhawk Bank & Trust place emphasis on $100,000 or less loans with 95 originations, totaling $5,525,000 in origination value.
Applicant Income
Blackhawk Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 26 originations. The second most popular income band? $50k-75k, with 24 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 192 | $43,590,000 | $227,031 | $0 | 0.00% |
Blackhawk Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 192 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.09%
Blackhawk Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination72.40%
Blackhawk Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 192 | $43,590,000 | $227,031 |