Lake Forest Bank & Trust Mortgage Rates, Fees & Info
Rosemont, ILLEI: 5493004MWCDBCBTXE044
Tax ID: 36-3783644
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Lake 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, Los Angeles, Phoenix, San Francisco, and San Jose among others. We have data for 31 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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Originations
105Origination Dollar Volume (All Markets)
$127,035,000Top 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 |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 36 | $53,480,000 | $1,485,556 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 7 | $10,425,000 | $1,489,286 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 5 | $6,025,000 | $1,205,000 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 5 | $5,575,000 | $1,115,000 | $0 | 0.00% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 4 | $5,330,000 | $1,332,500 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 5 | $5,135,000 | $1,027,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 5 | $4,895,000 | $979,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $3,555,000 | $1,185,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 4 | $3,120,000 | $780,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $3,120,000 | $780,000 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 3 | $2,425,000 | $808,333 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $2,260,000 | $1,130,000 | $0 | 0.00% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 2 | $2,220,000 | $1,110,000 | $0 | 0.00% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $1,615,000 | $1,615,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $1,605,000 | $1,605,000 | $0 | 0.00% |
| STOCKTON, CA (FHA|USDA|VA) | 2 | $1,600,000 | $800,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $1,540,000 | $770,000 | $0 | 0.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $1,485,000 | $1,485,000 | $0 | 0.00% |
| Helena, MT (FHA|USDA|VA) | 1 | $1,405,000 | $1,405,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $1,295,000 | $1,295,000 | $0 | 0.00% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $1,255,000 | $1,255,000 | $0 | 0.00% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $1,215,000 | $1,215,000 | $0 | 0.00% |
| FARGO, ND-MN (FHA|USDA|VA) | 1 | $1,055,000 | $1,055,000 | $0 | 0.00% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $985,000 | $985,000 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $945,000 | $945,000 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $0 | 0.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $0 | 0.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 105 | $127,035,000 | $1,209,857 | $0 | 0.00% |
For 2024, Lake Forest Bank & Trust's most frequently originated type of loan was Conventional, with 105 originations.
Loan Reason
For 2024, Lake Forest Bank & Trust's most frequently cited loan purpose was Home Purchase, with 86 originations. The 2nd most popular reason was Refi, with 13 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 105 | $127,035,000 | $1,209,857 | $0 | 0.00% |
For 2024, Lake Forest Bank & Trust's most frequently cited loan duration was Other, with 105 originations.
Loan Sizing
2024 saw Lake Forest Bank & Trust place emphasis on $1MM+ loans with 47 originations, totaling $87,505,000 in origination value.
Applicant Income
Lake Forest Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 81 originations. The second most popular income band? $150k-250k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 105 | $127,035,000 | $1,209,857 | $0 | 0.00% |
Lake Forest Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 105 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.67%
Lake Forest 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 origination74.29%
Lake Forest Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 105 | $127,035,000 | $1,209,857 |