The Fisher National Bank Mortgage Rates, Fees & Info
Fisher, ILLEI: 5493004LTLRA7Y5L3696
Tax ID: 37-0731549
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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. Their top markets by origination volume include: Champaign, Danville, Davenport, Decatur, and Charleston among others. We have data for 18 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.
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
306Origination Dollar Volume (All Markets)
$44,320,000Top 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 |
|---|---|---|---|---|---|
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 171 | $28,035,000 | $163,947 | $0 | 0.00% |
| DANVILLE, IL (FHA|USDA|VA) | 89 | $8,505,000 | $95,562 | $0 | 0.00% |
| Outside of Metro Areas | 17 | $2,095,000 | $123,235 | $0 | 0.00% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 3 | $845,000 | $281,667 | $0 | 0.00% |
| DECATUR, IL (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $0 | 0.00% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 0.00% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 6 | $640,000 | $106,667 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 0.00% |
| Crawfordsville, IN (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $0 | 0.00% |
| KANKAKEE, IL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Pontiac, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Macomb, IL (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.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 300 | $43,790,000 | $145,967 | $0 | 0.00% |
| USDA | 6 | $530,000 | $88,333 | $0 | 0.00% |
For 2023, The Fisher National Bank's most frequently originated type of loan was Conventional, with 300 originations. Their 2nd most popular type was USDA, with 6 originations.
Loan Reason
For 2023, The Fisher National Bank's most frequently cited loan purpose was Home Purchase, with 187 originations. The 2nd most popular reason was Refi, with 74 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 306 | $44,320,000 | $144,837 | $0 | 0.00% |
For 2023, The Fisher National Bank's most frequently cited loan duration was Other, with 306 originations.
Loan Sizing
2023 saw The Fisher National Bank place emphasis on $100,000 or less loans with 132 originations, totaling $7,390,000 in origination value.
Applicant Income
The Fisher National Bank lent most frequently to those with incomes in the $50k-75k range, with 53 originations. The second most popular income band? $100k-150k, with 48 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 306 | $44,320,000 | $144,837 | $0 | 0.00% |
The Fisher National Bank lent most frequently to those with DTI ratios of Exempt%, with 306 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.18%
The Fisher National 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 origination93.14%
The Fisher National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 306 | $44,320,000 | $144,837 |