The Fisher National Bank Mortgage Rates, Fees & Info
Fisher, ILLEI: 5493004LTLRA7Y5L3696
Tax ID: 37-0731549
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
The Fisher National Bank is a smaller bank specializing in Home Purchase and Refi loans. The Fisher National Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. The Fisher National Bank has a low ratio of conventional loans. Their top markets by origination volume include: Champaign, Danville, Lafayette, Bloomington, and Terre Haute among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)The Fisher National 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. The Fisher National Bank is typically a low 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.
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.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.31% | 4/5/25 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
The Fisher National Bank Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from The Fisher National Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
307Origination Dollar Volume (All Markets)
$47,305,000Relative Rate
The Fisher National Bank's average 30 year fixed mortgage rate was
6.63%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.08%.
Relative Fees (Closing Costs)
The Fisher National Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $2,671.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
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 |
|---|---|---|---|---|---|
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 127 | $22,845,000 | $179,882 | $0 | 0.00% |
| DANVILLE, IL (FHA|USDA|VA) | 126 | $13,990,000 | $111,032 | $0 | 0.00% |
| Outside of Metro Areas | 23 | $3,845,000 | $167,174 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 8 | $2,170,000 | $271,250 | $0 | 0.00% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 6 | $1,080,000 | $180,000 | $2,671 | 6.63% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 5 | $1,005,000 | $201,000 | $0 | 0.00% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $0 | 0.00% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Lincoln, IL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against The Fisher National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 32
Similarity Rank: 102
Similarity Rank: 315
Similarity Rank: 450
Similarity Rank: 714
Similarity Rank: 720
Similarity Rank: 1044
Similarity Rank: 1216
Similarity Rank: 1700
Similarity Rank: 1968
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 303 | $46,445,000 | $153,284 | $0 | 0.00% |
| USDA | 3 | $615,000 | $205,000 | $0 | 0.00% |
| Conventional | 1 | $245,000 | $245,000 | $2,671 | 6.63% |
For 2024, The Fisher National Bank's most frequently originated type of loan was Conventional, with 303 originations. Their 2nd most popular type was USDA, with 3 originations.
Loan Reason
For 2024, The Fisher National Bank's most frequently cited loan purpose was Home Purchase, with 178 originations. The 2nd most popular reason was Refi, with 72 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 306 | $47,060,000 | $153,791 | $0 | 0.00% |
| 30 Year | 1 | $245,000 | $245,000 | $2,671 | 6.63% |
For 2024, The Fisher National Bank's most frequently cited loan duration was Other, with 306 originations. The 2nd most popular length was 30 Year, with 1 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 1 | $245,000 | $245,000 |
The Fisher National Bank's average total fees were $2,671, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 1 | $245,000 | $245,000 |
During 2024, The Fisher National Bank's average interest rate for loans was 6.63%, while their most frequently originated rate bucket for loans was 6-7%, with 1 originations.
Loan Sizing
2024 saw The Fisher National Bank place emphasis on $100,000 or less loans with 130 originations, totaling $7,830,000 in origination value.
Applicant Income
The Fisher National Bank lent most frequently to those with incomes in the $50k-75k range, with 66 originations. The second most popular income band? $100k-150k, with 58 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 306 | $47,060,000 | $153,791 | $0 | 0.00% |
| 40% | 1 | $245,000 | $245,000 | $2,671 | 6.63% |
The Fisher National Bank lent most frequently to those with DTI ratios of Exempt%, with 306 originations. The next most common DTI ratio? 40%, with 1 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.78%
The Fisher National Bank has an average approval rate.
Pick Rate
Approvals leading to origination94.14%
The Fisher National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 306 | $47,060,000 | $153,791 |
| NA | 1 | $245,000 | $245,000 |