Williamsville State Bank & Trust Mortgage Rates, Fees & Info
Williamsville, ILLEI: 5493003K5GJU8VB60Z66
Tax ID: 37-0588160
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Williamsville State Bank & Trust is a smaller bank specializing in Home Purchase, Refi, and Cash Out Refi loans. Williamsville State Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Springfield, Lincoln, Peoria, and Jacksonville among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Williamsville State Bank & Trust 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
84Origination Dollar Volume (All Markets)
$7,770,000Top 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) | 79 | $6,935,000 | $87,785 | $0 | 0.00% |
| Lincoln, IL (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Jacksonville, IL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 84 | $7,770,000 | $92,500 | $0 | 0.00% |
For 2021, Williamsville State Bank & Trust's most frequently originated type of loan was Conventional, with 84 originations.
Loan Reason
For 2021, Williamsville State Bank & Trust's most frequently cited loan purpose was Home Purchase, with 31 originations. The 2nd most popular reason was Refi, with 25 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 84 | $7,770,000 | $92,500 | $0 | 0.00% |
For 2021, Williamsville State Bank & Trust's most frequently cited loan duration was Other, with 84 originations.
Loan Sizing
2021 saw Williamsville State Bank & Trust place emphasis on $100,000 or less loans with 56 originations, totaling $2,980,000 in origination value.
Applicant Income
Williamsville State Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 20 originations. The second most popular income band? $100k-150k, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 84 | $7,770,000 | $92,500 | $0 | 0.00% |
Williamsville State Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 84 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 70 | $7,000,000 | $100,000 | $0 | 0.00% |
| Not applicable | 11 | $595,000 | $54,091 | $0 | 0.00% |
| Black | 3 | $175,000 | $58,333 | $0 | 0.00% |
Approval Rates
Total approvals of all applications100.00%
Williamsville State Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination94.05%
Williamsville State Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 84 | $7,770,000 | $92,500 |