Williamsville State Bank & Trust Mortgage Rates, Fees & Info

Williamsville, IL

LEI: 5493003K5GJU8VB60Z66

Tax ID: 37-0588160

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Williamsville State Bank & Trust is a smaller bank specializing in Home Purchase loans. Williamsville State Bank & Trust has a high proportion of conventional loans. Their top two markets are Springfield and Chicago .

    Williamsville State 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.

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    Originations

    59

    Origination Dollar Volume (All Markets)

    $6,225,000

    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
    SPRINGFIELD, IL (FHA|USDA|VA) 58 $6,170,000 $106,379 $0 0.00%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Williamsville State Bank & Trust's top markets include Springfield and Chicago among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 59 $6,225,000 $105,508 $0 0.00%

    For 2022, Williamsville State Bank & Trust's most frequently originated type of loan was Conventional, with 59 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 25 $3,425,000 $137,000 $0 0.00%
    Home Improvement 11 $335,000 $30,455 $0 0.00%
    Refi 11 $1,225,000 $111,364 $0 0.00%
    Cash Out Refi 9 $1,015,000 $112,778 $0 0.00%
    Other 3 $225,000 $75,000 $0 0.00%

    For 2022, Williamsville State Bank & Trust's most frequently cited loan purpose was Home Purchase, with 25 originations. The 2nd most popular reason was Home Improvement, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 59 $6,225,000 $105,508 $0 0.00%

    For 2022, Williamsville State Bank & Trust's most frequently cited loan duration was Other, with 59 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 37 $1,865,000 $50,405 $0 0.00%
    $100k-200k 15 $1,945,000 $129,667 $0 0.00%
    $200k-400k 4 $960,000 $240,000 $0 0.00%
    $400k-600k 3 $1,455,000 $485,000 $0 0.00%

    2022 saw Williamsville State Bank & Trust place emphasis on $100,000 or less loans with 37 originations, totaling $1,865,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 18 $1,080,000 $60,000 $0 0.00%
    $50k-75k 11 $1,155,000 $105,000 $0 0.00%
    $100k-150k 10 $1,050,000 $105,000 $0 0.00%
    $150k-250k 9 $1,465,000 $162,778 $0 0.00%
    $75k-100k 5 $505,000 $101,000 $0 0.00%
    $250k+ 3 $715,000 $238,333 $0 0.00%

    Williamsville State Bank & Trust lent most frequently to those with incomes in the $50k or less range, with 18 originations. The second most popular income band? $50k-75k, with 11 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 59 $6,225,000 $105,508 $0 0.00%

    Williamsville State Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 59 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 55 $5,845,000 $106,273 $0 0.00%
    Not applicable 3 $255,000 $85,000 $0 0.00%
    Black 1 $125,000 $125,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.59%

    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 origination
    89.83%

    Williamsville State Bank & Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 59 $6,225,000 $105,508

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    59 $6,225,000 $105,508