The Peoples State Bank Of Newton Illinois Mortgage Rates, Fees & Info
Newton, ILLEI: 5493006IBJS6XC0DFJ29
Tax ID: 37-0458920
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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: Effingham, St. Louis, Indianapolis, Nashville, and Vincennes among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)The Peoples State Bank Of Newton Illinois 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
158Origination Dollar Volume (All Markets)
$22,820,000Top 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 | 122 | $13,930,000 | $114,180 | $0 | 0.00% |
| Effingham, IL (FHA|USDA|VA) | 6 | $1,580,000 | $263,333 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 5 | $1,315,000 | $263,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 0.00% |
| Vincennes, IN (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $0 | 0.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| Centralia, IL (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 0.00% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Mount Vernon, IL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 158 | $22,820,000 | $144,430 | $0 | 0.00% |
For 2022, The Peoples State Bank Of Newton Illinois's most frequently originated type of loan was Conventional, with 158 originations.
Loan Reason
For 2022, The Peoples State Bank Of Newton Illinois's most frequently cited loan purpose was Home Purchase, with 100 originations. The 2nd most popular reason was Cash Out Refi, with 45 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 158 | $22,820,000 | $144,430 | $0 | 0.00% |
For 2022, The Peoples State Bank Of Newton Illinois's most frequently cited loan duration was Other, with 158 originations.
Loan Sizing
2022 saw The Peoples State Bank Of Newton Illinois place emphasis on $100,000 or less loans with 69 originations, totaling $3,925,000 in origination value.
Applicant Income
The Peoples State Bank Of Newton Illinois lent most frequently to those with incomes in the $50k or less range, with 35 originations. The second most popular income band? $75k-100k, with 30 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 158 | $22,820,000 | $144,430 | $0 | 0.00% |
The Peoples State Bank Of Newton Illinois lent most frequently to those with DTI ratios of Exempt%, with 158 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.92%
The Peoples State Bank Of Newton Illinois has an average approval rate.
Pick Rate
Approvals leading to origination93.67%
The Peoples State Bank Of Newton Illinois has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 158 | $22,820,000 | $144,430 |