Lake Forest Bank & Trust Mortgage Rates, Fees & InfoRosemont, IL
Tax ID: 36-3783644
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewLake Forest Bank & Trust is a smaller bank specializing in Home Purchase loans. Lake Forest Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Naples, New York, Phoenix, and Jackson among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)
Lake Forest 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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Origination Dollar Volume (All Markets)$78,275,000
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|
|Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA)||56||$42,140,000||$752,500||$0||0.00%|
|NAPLES-MARCO ISLAND, FL (FHA|USDA|VA)||9||$8,975,000||$997,222||$0||0.00%|
|New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA)||1||$8,005,000||$8,005,000||$0||0.00%|
|PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA)||5||$5,975,000||$1,195,000||$0||0.00%|
|Jackson, WY-ID (FHA|USDA|VA)||1||$3,405,000||$3,405,000||$0||0.00%|
|MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA)||2||$1,370,000||$685,000||$0||0.00%|
|Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)||2||$1,230,000||$615,000||$0||0.00%|
|Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA)||1||$905,000||$905,000||$0||0.00%|
|NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA)||1||$825,000||$825,000||$0||0.00%|
|GRAND FORKS, ND-MN (FHA|USDA|VA)||1||$795,000||$795,000||$0||0.00%|
|SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA)||1||$765,000||$765,000||$0||0.00%|
|GREEN BAY, WI (FHA|USDA|VA)||2||$730,000||$365,000||$0||0.00%|
|INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA)||1||$675,000||$675,000||$0||0.00%|
|Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA)||1||$665,000||$665,000||$0||0.00%|
|BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA)||1||$545,000||$545,000||$0||0.00%|
|Whitewater, WI (FHA|USDA|VA)||1||$425,000||$425,000||$0||0.00%|
|Kalispell, MT (FHA|USDA|VA)||1||$415,000||$415,000||$0||0.00%|
|BLOOMINGTON, IL (FHA|USDA|VA)||1||$265,000||$265,000||$0||0.00%|
|Galesburg, IL (FHA|USDA|VA)||1||$165,000||$165,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Lake Forest Bank & Trust's most frequently originated type of loan was Conventional, with 89 originations.
For 2022, Lake Forest Bank & Trust's most frequently cited loan purpose was Home Purchase, with 56 originations. The 2nd most popular reason was Refi, with 17 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Lake Forest Bank & Trust's most frequently cited loan duration was Other, with 89 originations.
2022 saw Lake Forest Bank & Trust place emphasis on $600k-1MM loans with 29 originations, totaling $22,675,000 in origination value.
Lake Forest Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 31 originations. The second most popular income band? $150k-250k, with 22 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Lake Forest Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 89 originations.
Approval RatesTotal approvals of all applications
Lake Forest Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Lake Forest Bank & Trust has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|