Blackhawk Bank & Trust Mortgage Rates, Fees & Info
Milan, ILLEI: 5493002L7I6EYKW3NG91
Tax ID: 36-2463577
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Blackhawk Bank & Trust is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Blackhawk Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Davenport, Edwards, Cape Coral, Denver, and Chicago among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)Blackhawk Bank & Trust 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.
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.
Originations
255Origination Dollar Volume (All Markets)
$87,255,000Top 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) | 233 | $79,125,000 | $339,592 | $0 | 0.00% |
| Edwards, CO (FHA|USDA|VA) | 1 | $2,175,000 | $2,175,000 | $0 | 0.00% |
| Outside of Metro Areas | 10 | $2,130,000 | $213,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $1,190,000 | $595,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $1,045,000 | $1,045,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| Sterling, IL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| DUBUQUE, IA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Muscatine, IA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Clinton, IA (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 0.00% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 255 | $87,255,000 | $342,176 | $0 | 0.00% |
For 2022, Blackhawk Bank & Trust's most frequently originated type of loan was Conventional, with 255 originations.
Loan Reason
For 2022, Blackhawk Bank & Trust's most frequently cited loan purpose was Home Purchase, with 146 originations. The 2nd most popular reason was Cash Out Refi, with 57 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 255 | $87,255,000 | $342,176 | $0 | 0.00% |
For 2022, Blackhawk Bank & Trust's most frequently cited loan duration was Other, with 255 originations.
Loan Sizing
2022 saw Blackhawk Bank & Trust place emphasis on $100,000 or less loans with 125 originations, totaling $7,765,000 in origination value.
Applicant Income
Blackhawk Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 42 originations. The second most popular income band? $50k-75k, with 38 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 255 | $87,255,000 | $342,176 | $0 | 0.00% |
Blackhawk Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 255 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.15%
Blackhawk Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination85.10%
Blackhawk Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 255 | $87,255,000 | $342,176 |