Bridgeview Bank Group Mortgage Rates, Fees & Info

Woodridge, IL

LEI: 5493002T0LSBGS6UOG37

Tax ID: 36-2770692

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Mortgage Data

Review & Overview

Bridgeview Bank Group is a smaller bank specializing in Cash Out Refi and Home Purchase loans. Bridgeview Bank Group has an average proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Chicago, Los Angeles, Washington, New York, and Boston among others. We have data for 71 markets. (Some data included below & more in-depth data is available with an active subscription.)

Bridgeview Bank Group 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. Bridgeview Bank Group is typically an average 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.

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Originations

116

Origination Dollar Volume (All Markets)

$27,080,000

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
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 15 $4,095,000 $273,000 $4,006 5.58%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 5 $1,905,000 $381,000 $7,392 4.93%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $1,630,000 $407,500 $15,620 5.47%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 4 $1,140,000 $285,000 $9,241 5.00%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $780,000 $390,000 $9,481 5.31%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $725,000 $725,000 $11,649 4.63%
Outside of Metro Areas 5 $685,000 $137,000 $4,755 5.73%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $655,000 $218,333 $8,187 5.29%
KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $615,000 $205,000 $5,683 4.67%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 3 $585,000 $195,000 $6,071 5.29%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $575,000 $575,000 $23,080 5.50%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $565,000 $188,333 $8,925 5.04%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 3 $525,000 $175,000 $8,061 5.21%
LOGAN, UT-ID (FHA|USDA|VA) 1 $465,000 $465,000 $22,312 4.88%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $435,000 $435,000 $6,682 4.75%
NAPA, CA (FHA|USDA|VA) 1 $415,000 $415,000 $4,078 5.00%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $410,000 $205,000 $11,238 4.94%
Williston, ND (FHA|USDA|VA) 1 $365,000 $365,000 $10,522 5.50%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $335,000 $335,000 $3,297 4.38%
WILMINGTON, NC (FHA|USDA|VA) 1 $335,000 $335,000 $2,678 4.50%
RENO, NV (FHA|USDA|VA) 1 $335,000 $335,000 $11,724 4.38%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $330,000 $165,000 $7,395 5.25%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $325,000 $108,333 $5,924 4.71%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $300,000 $150,000 $4,474 5.19%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $285,000 $285,000 $11,510 4.00%
ROCHESTER, NY (FHA|USDA|VA) 2 $280,000 $140,000 $8,681 4.88%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $275,000 $275,000 $12,138 5.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $9,503 5.13%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $265,000 $265,000 $3,418 5.00%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $255,000 $255,000 $8,106 5.25%
Hilo, HI (FHA|USDA|VA) 1 $255,000 $255,000 $10,675 4.63%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $255,000 $255,000 $9,148 5.00%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $255,000 $255,000 $9,500 4.63%
YUBA CITY, CA (FHA|USDA|VA) 1 $255,000 $255,000 $7,513 4.75%
Elizabeth City, NC (FHA|USDA|VA) 1 $235,000 $235,000 $12,649 4.88%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $225,000 $225,000 $7,430 6.00%
Concord, NH (FHA|USDA|VA) 1 $215,000 $215,000 $10,140 4.63%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $215,000 $215,000 $6,929 5.13%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $205,000 $205,000 $7,282 5.00%
Statesboro, GA (FHA|USDA|VA) 1 $205,000 $205,000 $10,669 4.88%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $205,000 $205,000 $5,488 4.88%
Gillette, WY (FHA|USDA|VA) 1 $195,000 $195,000 $4,210 4.63%
North Wilkesboro, NC (FHA|USDA|VA) 1 $195,000 $195,000 $11,519 4.88%
Bucyrus-Galion, OH (FHA|USDA|VA) 1 $185,000 $185,000 $7,707 5.25%
Cookeville, TN (FHA|USDA|VA) 1 $185,000 $185,000 $4,242 4.75%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $175,000 $175,000 $3,260 5.00%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $175,000 $175,000 $8,842 5.50%
GETTYSBURG, PA (FHA|USDA|VA) 1 $175,000 $175,000 $8,813 4.75%
CHARLESTON, WV (FHA|USDA|VA) 1 $175,000 $175,000 $8,639 4.63%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $175,000 $175,000 $10,505 5.25%
THE VILLAGES, FL (FHA|USDA|VA) 1 $165,000 $165,000 $8,306 5.25%
SYRACUSE, NY (FHA|USDA|VA) 1 $165,000 $165,000 $1,663 5.25%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $165,000 $165,000 $8,360 5.50%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $165,000 $165,000 $7,531 4.50%
DULUTH, MN-WI (FHA|USDA|VA) 1 $155,000 $155,000 $3,401 5.63%
MISSOULA, MT (FHA|USDA|VA) 1 $155,000 $155,000 $8,478 4.25%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,829 5.13%
JACKSON, TN (FHA|USDA|VA) 1 $155,000 $155,000 $6,648 5.13%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $155,000 $155,000 $5,107 4.50%
Huntingdon, PA (FHA|USDA|VA) 1 $145,000 $145,000 $9,090 4.63%
SPARTANBURG, SC (FHA|USDA|VA) 1 $135,000 $135,000 $5,750 5.63%
KNOXVILLE, TN (FHA|USDA|VA) 1 $135,000 $135,000 $3,884 5.38%
JACKSON, MS (FHA|USDA|VA) 1 $125,000 $125,000 $6,474 5.13%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $125,000 $125,000 $3,795 5.25%
Urbana, OH (FHA|USDA|VA) 1 $125,000 $125,000 $6,623 5.50%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $105,000 $105,000 $6,355 5.13%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $95,000 $95,000 $3,203 5.00%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $85,000 $85,000 $5,653 4.88%
TOPEKA, KS (FHA|USDA|VA) 1 $85,000 $85,000 $3,317 5.88%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $85,000 $85,000 $6,788 5.38%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $75,000 $75,000 $4,543 4.88%
Bridgeview Bank Group's top markets include Chicago, Los Angeles, Washington, New York, and Boston among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    VA 51 $13,675,000 $268,137 $8,915 4.98%
    Conventional 33 $7,905,000 $239,545 $4,861 5.40%
    FHA 31 $5,465,000 $176,290 $7,780 5.06%
    HELOC 1 $35,000 $35,000 n/a 6.25%

    For 2019, Bridgeview Bank Group's most frequently originated type of loan was VA, with 51 originations. Their 2nd most popular type was Conventional, with 33 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 67 $16,245,000 $242,463 $8,714 5.07%
    Home Purchase 33 $8,065,000 $244,394 $6,355 5.08%
    Refi 9 $1,755,000 $195,000 $4,158 5.54%
    Home Improvement 4 $600,000 $150,000 $4,177 5.44%
    Other 3 $415,000 $138,333 $5,292 5.29%

    For 2019, Bridgeview Bank Group's most frequently cited loan purpose was Cash Out Refi, with 67 originations. The 2nd most popular reason was Home Purchase, with 33 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 97 $22,105,000 $227,887 $7,919 5.11%
    Other 5 $245,000 $49,000 $1,641 6.03%
    15 Year 4 $790,000 $197,500 $7,326 4.34%
    5 Year 4 $2,010,000 $502,500 $0 5.20%
    20 Year 3 $735,000 $245,000 $4,867 5.04%
    10 Year 2 $290,000 $145,000 $6,692 5.50%
    3 Year 1 $905,000 $905,000 $0 5.50%

    For 2019, Bridgeview Bank Group's most frequently cited loan duration was 30 Year, with 97 originations. The 2nd most popular length was Other, with 5 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 30 $5,370,000 $179,000
    $<1k 23 $5,275,000 $229,348
    $2k-3k 23 $3,635,000 $158,043
    $3k-4k 13 $2,725,000 $209,615
    $5k+ 12 $4,880,000 $406,667
    $4k-5k 9 $2,245,000 $249,444

    Bridgeview Bank Group's average total fees were $7,919, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 30 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 57 $13,855,000 $243,070
    5-6% 51 $12,615,000 $247,353
    6-7% 7 $325,000 $46,429
    3-4% 1 $285,000 $285,000

    During 2019, Bridgeview Bank Group's average interest rate for loans was 5.11%, while their most frequently originated rate bucket for loans was 4-5%, with 57 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 42 $6,530,000 $155,476 $6,709 5.07%
    $200k-400k 41 $11,315,000 $275,976 $8,797 4.96%
    $100,000 or less 18 $1,270,000 $70,556 $3,463 5.60%
    $400k-600k 12 $5,450,000 $454,167 $12,416 5.22%
    $600k-1MM 3 $2,515,000 $838,333 $11,649 5.14%

    2019 saw Bridgeview Bank Group place emphasis on $100k-200k loans with 42 originations, totaling $6,530,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 39 $7,225,000 $185,256 $7,225 5.14%
    $50k or less 31 $4,435,000 $143,065 $6,512 5.13%
    $75k-100k 18 $4,660,000 $258,889 $7,278 5.15%
    $100k-150k 15 $5,665,000 $377,667 $10,221 5.10%
    $150k-250k 6 $1,650,000 $275,000 $9,504 5.15%
    $250k+ 1 $195,000 $195,000 $11,519 4.88%

    Bridgeview Bank Group lent most frequently to those with incomes in the $50k-75k range, with 39 originations. The second most popular income band? $50k or less, with 31 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 19 $4,655,000 $245,000 $9,802 4.97%
    30-36% 11 $2,525,000 $229,545 $7,708 5.18%
    45% 9 $1,795,000 $199,444 $7,377 5.33%
    20-30% 9 $1,405,000 $156,111 $5,437 5.29%
    43% 8 $1,390,000 $173,750 $6,751 4.92%
    49% 6 $1,260,000 $210,000 $7,429 5.27%
    42% 6 $1,540,000 $256,667 $7,572 5.04%
    41% 5 $785,000 $157,000 $4,497 5.38%
    47% 5 $1,245,000 $249,000 $7,776 5.25%
    48% 5 $1,155,000 $231,000 $7,787 4.85%
    40% 4 $1,110,000 $277,500 $9,121 5.16%
    44% 4 $830,000 $207,500 $8,387 5.31%
    46% 4 $1,060,000 $265,000 $7,475 5.13%
    >60% 3 $895,000 $298,333 $10,856 5.33%
    36% 3 $645,000 $215,000 $1,865 5.04%
    37% 3 $475,000 $158,333 $5,762 5.21%
    39% 2 $340,000 $170,000 $8,294 4.88%
    38% 2 $320,000 $160,000 $6,175 5.00%
    <20% 2 $400,000 $200,000 $9,401 4.94%

    Bridgeview Bank Group lent most frequently to those with DTI ratios of 50-60%, with 19 originations. The next most common DTI ratio? 30-36%, with 11 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 76 $15,760,000 $207,368 $7,139 5.15%
    Not provided 22 $5,100,000 $231,818 $8,338 5.11%
    Not applicable 4 $2,530,000 $632,500 $0 5.26%
    Black 8 $1,760,000 $220,000 $8,686 5.25%
    Asian 4 $1,340,000 $335,000 $7,700 4.75%
    Native Hawaiian or Islander 2 $590,000 $295,000 $10,853 4.63%

    Approval Rates

    Total approvals of all applications
    75.22%

    Bridgeview Bank Group has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    82.76%

    Bridgeview Bank Group has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 116 $27,080,000 $233,448

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 3 $1,675,000 $558,333
    Single Family (1-4 Units):Site-Built 113 $25,405,000 $224,823

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $700,000 $175,000 $6,890 4.94%
    40-60% 9 $2,825,000 $313,889 $8,012 5.01%
    60-80% 16 $4,370,000 $273,125 $7,139 5.06%
    80-100% 72 $15,910,000 $220,972 $7,508 5.12%
    Over 100% 8 $2,370,000 $296,250 $13,023 4.98%
    Under 20% 6 $570,000 $95,000 $22 6.08%