The First Bank And Trust Company Of Murphysboro Mortgage Rates, Fees & Info

MURPHYSBORO, IL

LEI: 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

38

Origination Dollar Volume (All Markets)

$2,900,000

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
CARBONDALE-MARION, IL (FHA|USDA|VA) 37 $2,695,000 $72,838 $0 0.00%
Outside of Metro Areas 1 $205,000 $205,000 $0 0.00%
The First Bank And Trust Company Of Murphysboro's top markets include and Carbondale among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 38 $2,900,000 $76,316 $0 0.00%

    For 2019, The First Bank And Trust Company Of Murphysboro's most frequently originated type of loan was Conventional, with 38 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 20 $1,890,000 $94,500 $0 0.00%
    Cash Out Refi 7 $385,000 $55,000 $0 0.00%
    Refi 6 $370,000 $61,667 $0 0.00%
    Other 4 $200,000 $50,000 $0 0.00%
    Home Improvement 1 $55,000 $55,000 $0 0.00%

    For 2019, The First Bank And Trust Company Of Murphysboro's most frequently cited loan purpose was Home Purchase, with 20 originations. The 2nd most popular reason was Cash Out Refi, with 7 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 38 $2,900,000 $76,316 $0 0.00%

    For 2019, The First Bank And Trust Company Of Murphysboro's most frequently cited loan duration was Other, with 38 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 29 $1,385,000 $47,759 $0 0.00%
    $100k-200k 8 $1,310,000 $163,750 $0 0.00%
    $200k-400k 1 $205,000 $205,000 $0 0.00%

    2019 saw The First Bank And Trust Company Of Murphysboro place emphasis on $100,000 or less loans with 29 originations, totaling $1,385,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 11 $725,000 $65,909 $0 0.00%
    $100k-150k 8 $480,000 $60,000 $0 0.00%
    $75k-100k 6 $470,000 $78,333 $0 0.00%
    $150k-250k 3 $305,000 $101,667 $0 0.00%
    $50k-75k 3 $165,000 $55,000 $0 0.00%
    $250k+ 2 $240,000 $120,000 $0 0.00%

    The First Bank And Trust Company Of Murphysboro lent most frequently to those with incomes in the $50k or less range, with 11 originations. The second most popular income band? $100k-150k, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 38 $2,900,000 $76,316 $0 0.00%

    The First Bank And Trust Company Of Murphysboro lent most frequently to those with DTI ratios of Exempt%, with 38 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 31 $2,245,000 $72,419 $0 0.00%
    Not applicable 4 $420,000 $105,000 $0 0.00%
    Asian 1 $155,000 $155,000 $0 0.00%
    Black 2 $80,000 $40,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.11%

    The First Bank And Trust Company Of Murphysboro has an average approval rate.

    Pick Rate

    Approvals leading to origination
    92.11%

    The First Bank And Trust Company Of Murphysboro has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 38 $2,900,000 $76,316

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 7 $335,000 $47,857
    Single Family (1-4 Units):Site-Built 31 $2,565,000 $82,742