The Peoples State Bank Of Newton Illinois Mortgage Rates, Fees & Info
Newton, ILLEI: 5493006IBJS6XC0DFJ29
Tax ID: 37-0458920
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Mortgage Data
Review & Overview
The Peoples State Bank Of Newton Illinois is a smaller bank specializing in Home Purchase and Cash Out Refi loans. The Peoples State Bank Of Newton Illinois has a high proportion of conventional loans. Their top markets by origination volume include: Crestview, Effingham, Indianapolis, Sevierville, and St. Louis among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)The Peoples State Bank Of Newton Illinois has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
124Origination Dollar Volume (All Markets)
$17,460,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 98 | $11,330,000 | $115,612 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $1,080,000 | $540,000 | $0 | 0.00% |
| Effingham, IL (FHA|USDA|VA) | 8 | $950,000 | $118,750 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $895,000 | $895,000 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $865,000 | $865,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $0 | 0.00% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $0 | 0.00% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Moberly, MO (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Vincennes, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Jasper, IN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Centralia, IL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 124 | $17,460,000 | $140,806 | $0 | 0.00% |
For 2023, The Peoples State Bank Of Newton Illinois's most frequently originated type of loan was Conventional, with 124 originations.
Loan Reason
For 2023, The Peoples State Bank Of Newton Illinois's most frequently cited loan purpose was Home Purchase, with 84 originations. The 2nd most popular reason was Cash Out Refi, with 32 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 124 | $17,460,000 | $140,806 | $0 | 0.00% |
For 2023, The Peoples State Bank Of Newton Illinois's most frequently cited loan duration was Other, with 124 originations.
Loan Sizing
2023 saw The Peoples State Bank Of Newton Illinois place emphasis on $100,000 or less loans with 58 originations, totaling $3,350,000 in origination value.
Applicant Income
The Peoples State Bank Of Newton Illinois lent most frequently to those with incomes in the $100k-150k range, with 25 originations. The second most popular income band? $75k-100k, with 24 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 124 | $17,460,000 | $140,806 | $0 | 0.00% |
The Peoples State Bank Of Newton Illinois lent most frequently to those with DTI ratios of Exempt%, with 124 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.80%
The Peoples State Bank Of Newton Illinois has an average approval rate.
Pick Rate
Approvals leading to origination93.55%
The Peoples State Bank Of Newton Illinois has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 124 | $17,460,000 | $140,806 |