The First Bank And Trust Company Of Murphysboro Mortgage Rates, Fees & Info
MURPHYSBORO, ILLEI: 5493005MOGCDHVVGS531
Tax ID: 37-0274735
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Mortgage Data
Review & Overview
The First Bank And Trust Company Of Murphysboro is a smaller bank specializing in Home Purchase loans. The First Bank And Trust Company Of Murphysboro has a high proportion of conventional loans. Their top (well, only) market is Carbondale.The First Bank And Trust Company Of Murphysboro 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.
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Originations
19Origination Dollar Volume (All Markets)
$3,315,000Top 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 |
|---|---|---|---|---|---|
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 18 | $3,290,000 | $182,778 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 19 | $3,315,000 | $174,474 | $0 | 0.00% |
For 2023, The First Bank And Trust Company Of Murphysboro's most frequently originated type of loan was Conventional, with 19 originations.
Loan Reason
For 2023, The First Bank And Trust Company Of Murphysboro's most frequently cited loan purpose was Home Purchase, with 12 originations. The 2nd most popular reason was Home Improvement, with 3 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 19 | $3,315,000 | $174,474 | $0 | 0.00% |
For 2023, The First Bank And Trust Company Of Murphysboro's most frequently cited loan duration was Other, with 19 originations.
Loan Sizing
2023 saw The First Bank And Trust Company Of Murphysboro place emphasis on $100,000 or less loans with 10 originations, totaling $370,000 in origination value.
Applicant Income
The First Bank And Trust Company Of Murphysboro lent most frequently to those with incomes in the $50k-75k range, with 4 originations. The second most popular income band? $50k or less, with 4 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 19 | $3,315,000 | $174,474 | $0 | 0.00% |
The First Bank And Trust Company Of Murphysboro lent most frequently to those with DTI ratios of Exempt%, with 19 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.24%
The First Bank And Trust Company Of Murphysboro has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination94.74%
The First Bank And Trust Company Of Murphysboro has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 19 | $3,315,000 | $174,474 |