Warren-boynton State Bank Mortgage Rates, Fees & Info
New Berlin, ILLEI: 54930035X20L4YB6HD91
Tax ID: 37-0572440
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Warren-boynton State Bank is a smaller bank specializing in Home Purchase and Refi loans. Warren-boynton State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Springfield, St. Louis, Jacksonville, Peoria, and Decatur among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)Warren-boynton State Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
334Origination Dollar Volume (All Markets)
$38,970,000Top 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 |
|---|---|---|---|---|---|
| SPRINGFIELD, IL (FHA|USDA|VA) | 271 | $31,255,000 | $115,332 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 22 | $2,050,000 | $93,182 | $0 | 0.00% |
| Jacksonville, IL (FHA|USDA|VA) | 13 | $1,555,000 | $119,615 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $740,000 | $123,333 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $0 | 0.00% |
| DECATUR, IL (FHA|USDA|VA) | 8 | $590,000 | $73,750 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $0 | 0.00% |
| Taylorville, IL (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Lincoln, IL (FHA|USDA|VA) | 2 | $50,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 334 | $38,970,000 | $116,677 | $0 | 0.00% |
For 2022, Warren-boynton State Bank's most frequently originated type of loan was Conventional, with 334 originations.
Loan Reason
For 2022, Warren-boynton State Bank's most frequently cited loan purpose was Home Purchase, with 237 originations. The 2nd most popular reason was Refi, with 90 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 334 | $38,970,000 | $116,677 | $0 | 0.00% |
For 2022, Warren-boynton State Bank's most frequently cited loan duration was Other, with 334 originations.
Loan Sizing
2022 saw Warren-boynton State Bank place emphasis on $100,000 or less loans with 191 originations, totaling $10,605,000 in origination value.
Applicant Income
Warren-boynton State Bank lent most frequently to those with incomes in the $50k or less range, with 44 originations. The second most popular income band? $100k-150k, with 43 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 334 | $38,970,000 | $116,677 | $0 | 0.00% |
Warren-boynton State Bank lent most frequently to those with DTI ratios of Exempt%, with 334 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.11%
Warren-boynton State Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination99.70%
Warren-boynton State Bank has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 334 | $38,970,000 | $116,677 |