Evansville Teachers Mortgage Rates, Fees & Info

Evansville, IN

LEI: 54930072OCHTUJOZQB56

Tax ID: 35-0885388

5 stars - Updated: 6/23/24 - out of 5 stars, based on 65 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Evansville Teachers is a smaller mortgage company specializing in Home Purchase loans. Evansville Teachers has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Evansville, Nashville, Owensboro, Louisville, and Bowling Green among others. We have data for 168 markets. (Some data included below & more in-depth data is available with an active subscription.)

Evansville Teachers 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. Evansville Teachers is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.99% 6/23/24
30 Year Conventional Purchase 6.29% 6/23/24
30 Year Conventional Refi 6.33% 6/23/24
30 Year Cash-out Refi 6.24% 6/23/24
30 Year FHA Purchase 7.59% 6/23/24
30 Year FHA Refi 7.12% 6/23/24
30 Year VA Purchase 6.50% 6/23/24
30 Year USDA Purchase 6.83% 6/23/24
15 Year Conventional Purchase 6.62% 6/23/24
15 Year Conventional Refi 6.52% 6/23/24
15 Year Cash-out Refi 6.52% 6/23/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Evansville Teachers Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Evansville Teachers. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

4,179

Origination Dollar Volume (All Markets)

$906,275,000
Show all (12) awards

Relative Rate

Evansville Teachers's average 30 year fixed mortgage rate was 7.25%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.77%.

Relative Fees (Closing Costs)

Evansville Teachers's average total fees/closing costs for a 30 year fixed rate mortgage were $4,485.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
EVANSVILLE, IN-KY (FHA|USDA|VA) 1,212 $167,130,000 $137,896 $2,301 7.47%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 365 $147,635,000 $404,479 $5,876 7.48%
OWENSBORO, KY (FHA|USDA|VA) 730 $107,920,000 $147,836 $3,343 7.15%
LOUISVILLE, KY (FHA|USDA|VA) 297 $88,075,000 $296,549 $4,023 7.61%
Outside of Metro Areas 507 $76,145,000 $150,187 $3,257 7.20%
BOWLING GREEN, KY (FHA|USDA|VA) 183 $43,235,000 $236,257 $4,681 7.24%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 9 $22,695,000 $2,521,667 $19,479 7.21%
JACKSON, MS (FHA|USDA|VA) 45 $14,135,000 $314,111 $5,338 7.51%
PITTSBURGH, PA (FHA|USDA|VA) 58 $11,260,000 $194,138 $5,051 7.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 42 $10,460,000 $249,048 $2,296 7.12%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 37 $10,365,000 $280,135 $3,191 7.51%
Vincennes, IN (FHA|USDA|VA) 112 $9,460,000 $84,464 $1,700 7.52%
Tullahoma-Manchester, TN (FHA|USDA|VA) 22 $8,530,000 $387,727 $4,821 7.27%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 6 $6,300,000 $1,050,000 $11,293 7.21%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 6 $6,180,000 $1,030,000 $8,573 6.71%
PANAMA CITY, FL (FHA|USDA|VA) 4 $6,110,000 $1,527,500 $14,894 7.06%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 7 $5,405,000 $772,143 $10,383 7.25%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $5,365,000 $1,073,000 $6,535 6.48%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $5,295,000 $1,765,000 $14,273 7.21%
Sevierville, TN (FHA|USDA|VA) 6 $5,180,000 $863,333 $11,746 7.23%
RICHMOND, VA (FHA|USDA|VA) 35 $5,155,000 $147,286 $3,748 7.63%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 16 $4,890,000 $305,625 $4,342 6.84%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 9 $4,745,000 $527,222 $6,428 7.39%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 9 $4,305,000 $478,333 $8,121 7.13%
Jasper, IN (FHA|USDA|VA) 37 $4,215,000 $113,919 $2,483 7.53%
Glasgow, KY (FHA|USDA|VA) 21 $4,085,000 $194,524 $4,163 6.89%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 5 $3,795,000 $759,000 $8,560 7.78%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $3,710,000 $1,855,000 $23,510 6.81%
Madisonville, KY (FHA|USDA|VA) 25 $3,575,000 $143,000 $3,622 7.52%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 5 $3,435,000 $687,000 $6,634 6.78%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 9 $3,255,000 $361,667 $6,272 7.21%
Washington, IN (FHA|USDA|VA) 35 $3,145,000 $89,857 $1,991 7.65%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $3,110,000 $1,555,000 $6,536 8.13%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 6 $2,930,000 $488,333 $4,984 8.56%
Lewisburg, TN (FHA|USDA|VA) 6 $2,920,000 $486,667 $4,889 6.81%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $2,915,000 $971,667 $8,998 7.00%
COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $2,700,000 $1,350,000 $9,831 7.38%
TUCSON, AZ (FHA|USDA|VA) 4 $2,630,000 $657,500 $7,763 6.38%
KNOXVILLE, TN (FHA|USDA|VA) 7 $2,585,000 $369,286 $4,046 7.34%
RALEIGH-CARY, NC (FHA|USDA|VA) 2 $2,400,000 $1,200,000 $5,300 6.69%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 11 $2,285,000 $207,727 $4,314 7.14%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $2,130,000 $1,065,000 $11,184 6.63%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $2,080,000 $1,040,000 $15,778 7.38%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $2,055,000 $685,000 $6,470 6.46%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 11 $2,015,000 $183,182 $4,847 7.08%
Central City, KY (FHA|USDA|VA) 16 $1,920,000 $120,000 $2,474 7.41%
Scottsburg, IN (FHA|USDA|VA) 4 $1,880,000 $470,000 $6,459 7.09%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $1,840,000 $920,000 $4,035 7.81%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $1,760,000 $880,000 $7,667 6.13%
CARBONDALE-MARION, IL (FHA|USDA|VA) 8 $1,740,000 $217,500 $2,830 7.09%
Bardstown, KY (FHA|USDA|VA) 1 $1,715,000 $1,715,000 $32,682 7.88%
BEND, OR (FHA|USDA|VA) 2 $1,710,000 $855,000 $8,495 5.88%
ST. LOUIS, MO-IL (FHA|USDA|VA) 7 $1,675,000 $239,286 $3,332 7.88%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 7 $1,615,000 $230,714 $8,571 6.84%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 6 $1,590,000 $265,000 $3,050 7.17%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $1,530,000 $765,000 $6,894 6.88%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $1,405,000 $281,000 $4,496 6.40%
COLUMBUS, OH (FHA|USDA|VA) 2 $1,250,000 $625,000 $5,864 6.19%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $1,235,000 $411,667 $4,160 7.04%
Cullman, AL (FHA|USDA|VA) 1 $1,235,000 $1,235,000 $4,959 7.88%
Richmond-Berea, KY (FHA|USDA|VA) 4 $1,180,000 $295,000 $6,515 6.94%
Cookeville, TN (FHA|USDA|VA) 3 $1,155,000 $385,000 $4,081 7.08%
New Castle, PA (FHA|USDA|VA) 9 $1,135,000 $126,111 $4,405 6.44%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $1,090,000 $181,667 $3,348 7.21%
HUNTSVILLE, AL (FHA|USDA|VA) 5 $1,085,000 $217,000 $4,019 7.08%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $1,075,000 $1,075,000 $6,272 8.50%
TUSCALOOSA, AL (FHA|USDA|VA) 3 $1,045,000 $348,333 $9,433 6.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 3 $1,045,000 $348,333 $5,146 6.50%
JACKSON, TN (FHA|USDA|VA) 1 $1,045,000 $1,045,000 $0 6.25%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $1,020,000 $510,000 $3,645 6.38%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $1,005,000 $335,000 $10,468 7.17%
BILLINGS, MT (FHA|USDA|VA) 1 $965,000 $965,000 $14,216 5.75%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $910,000 $455,000 $4,343 7.75%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $875,000 $875,000 $7,127 6.75%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $855,000 $855,000 $10,141 7.25%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $830,000 $415,000 $9,438 8.25%
TERRE HAUTE, IN (FHA|USDA|VA) 12 $800,000 $66,667 $1,255 7.66%
LANCASTER, PA (FHA|USDA|VA) 1 $785,000 $785,000 $13,346 7.63%
Starkville, MS (FHA|USDA|VA) 1 $765,000 $765,000 $5,556 6.75%
ASHEVILLE, NC (FHA|USDA|VA) 2 $740,000 $370,000 $5,655 7.50%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $720,000 $360,000 $5,297 7.44%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $685,000 $685,000 $2,795 8.13%
MUNCIE, IN (FHA|USDA|VA) 1 $675,000 $675,000 $2,714 6.50%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $660,000 $330,000 $1,641 7.13%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $655,000 $655,000 $20,782 5.75%
WICHITA, KS (FHA|USDA|VA) 1 $635,000 $635,000 $9,312 7.88%
McMinnville, TN (FHA|USDA|VA) 2 $600,000 $300,000 $3,487 6.94%
PORT ST. LUCIE, FL (FHA|USDA|VA) 2 $590,000 $295,000 $2,900 7.88%
Somerset, KY (FHA|USDA|VA) 2 $590,000 $295,000 $4,068 7.63%
Shelbyville, TN (FHA|USDA|VA) 5 $585,000 $117,000 $1,555 7.88%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $565,000 $188,333 $2,932 6.67%
VISALIA, CA (FHA|USDA|VA) 1 $565,000 $565,000 $4,353 7.25%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $550,000 $275,000 $4,696 7.63%
ROCHESTER, MN (FHA|USDA|VA) 2 $530,000 $265,000 $5,212 8.44%
Warsaw, IN (FHA|USDA|VA) 4 $510,000 $127,500 $1,367 7.66%
GETTYSBURG, PA (FHA|USDA|VA) 2 $490,000 $245,000 $5,055 7.81%
TOLEDO, OH (FHA|USDA|VA) 1 $475,000 $475,000 $4,734 7.25%
Paducah, KY-IL (FHA|USDA|VA) 2 $460,000 $230,000 $5,004 8.25%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $445,000 $148,333 $5,775 6.75%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 3 $435,000 $145,000 $3,057 7.17%
MOBILE, AL (FHA|USDA|VA) 2 $430,000 $215,000 $2,187 7.88%
JACKSON, MI (FHA|USDA|VA) 2 $430,000 $215,000 $6,426 7.81%
Danville, KY (FHA|USDA|VA) 1 $425,000 $425,000 $3,728 6.75%
Frankfort, KY (FHA|USDA|VA) 2 $410,000 $205,000 $2,536 7.38%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $395,000 $395,000 $3,564 6.75%
LONGVIEW, WA (FHA|USDA|VA) 1 $395,000 $395,000 $3,949 6.63%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $390,000 $195,000 $5,389 7.25%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $375,000 $375,000 $5,992 5.88%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $375,000 $375,000 $6,972 7.88%
Salem, OH (FHA|USDA|VA) 2 $370,000 $185,000 $3,474 7.19%
Lawrenceburg, TN (FHA|USDA|VA) 1 $345,000 $345,000 $3,810 6.75%
SAVANNAH, GA (FHA|USDA|VA) 1 $325,000 $325,000 $7,403 6.25%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $320,000 $160,000 $2,515 7.25%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $315,000 $315,000 $3,000 5.75%
BLOOMINGTON, IN (FHA|USDA|VA) 2 $310,000 $155,000 $1,724 7.13%
WACO, TX (FHA|USDA|VA) 1 $305,000 $305,000 $4,322 7.13%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $305,000 $305,000 $0 8.50%
Clewiston, FL (FHA|USDA|VA) 1 $295,000 $295,000 $14,180 6.00%
LUBBOCK, TX (FHA|USDA|VA) 1 $285,000 $285,000 $3,716 6.13%
DALTON, GA (FHA|USDA|VA) 1 $275,000 $275,000 $3,751 6.75%
TULSA, OK (FHA|USDA|VA) 1 $275,000 $275,000 $3,630 6.25%
Mount Sterling, KY (FHA|USDA|VA) 1 $275,000 $275,000 $7,796 6.38%
Scottsboro, AL (FHA|USDA|VA) 1 $255,000 $255,000 $0 8.50%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $255,000 $255,000 $0 7.50%
AMES, IA (FHA|USDA|VA) 1 $255,000 $255,000 $569 8.50%
TOPEKA, KS (FHA|USDA|VA) 1 $225,000 $225,000 $2,270 0.00%
Oil City, PA (FHA|USDA|VA) 1 $225,000 $225,000 $6,584 7.50%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $215,000 $215,000 $3,921 7.00%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 3 $215,000 $71,667 $804 8.71%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $210,000 $105,000 $2,916 6.13%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,429 6.75%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $195,000 $195,000 $0 9.75%
ODESSA, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,521 6.88%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,596 6.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $180,000 $90,000 $0 9.69%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $175,000 $175,000 $3,985 7.63%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $175,000 $175,000 $6,947 5.75%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $165,000 $165,000 $3,439 5.88%
STAUNTON, VA (FHA|USDA|VA) 1 $155,000 $155,000 $0 9.25%
ANCHORAGE, AK (FHA|USDA|VA) 1 $155,000 $155,000 $1,811 6.75%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $155,000 $155,000 $0 7.50%
Oxford, MS (FHA|USDA|VA) 1 $145,000 $145,000 $2,169 9.25%
LONGVIEW, TX (FHA|USDA|VA) 1 $135,000 $135,000 $3,488 7.75%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $115,000 $115,000 $956 8.75%
Madison, IN (FHA|USDA|VA) 1 $105,000 $105,000 $2,365 6.63%
Charleston-Mattoon, IL (FHA|USDA|VA) 2 $100,000 $50,000 $180 8.44%
CLEVELAND, TN (FHA|USDA|VA) 1 $95,000 $95,000 $0 9.00%
Farmington, MO (FHA|USDA|VA) 1 $95,000 $95,000 $4,266 6.13%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $95,000 $95,000 $0 9.25%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 2 $90,000 $45,000 $723 8.00%
Murray, KY (FHA|USDA|VA) 1 $85,000 $85,000 $3,764 7.88%
London, KY (FHA|USDA|VA) 1 $85,000 $85,000 $0 7.50%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $85,000 $85,000 $3,326 5.63%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.50%
NEW BERN, NC (FHA|USDA|VA) 1 $75,000 $75,000 $0 9.25%
COLUMBUS, IN (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.50%
Crossville, TN (FHA|USDA|VA) 1 $75,000 $75,000 $3,215 7.88%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $75,000 $75,000 $1,227 8.00%
Natchez, MS-LA (FHA|USDA|VA) 1 $65,000 $65,000 $2,595 6.88%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $55,000 $55,000 $367 7.63%
FORT WAYNE, IN (FHA|USDA|VA) 1 $55,000 $55,000 $667 7.38%
PEORIA, IL (FHA|USDA|VA) 1 $45,000 $45,000 $2,358 6.50%
Ottawa, IL (FHA|USDA|VA) 1 $35,000 $35,000 $422 7.63%
Cullowhee, NC (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.00%
Mount Vernon, IL (FHA|USDA|VA) 1 $25,000 $25,000 $889 8.38%
OCALA, FL (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.50%
Taylorville, IL (FHA|USDA|VA) 1 $25,000 $25,000 $836 8.75%
KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $25,000 $25,000 $0 9.00%
Evansville Teachers's top markets include Evansville, Nashville, Owensboro, Louisville, and Bowling Green among others.

Their top states include:
  • Kentucky (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against EVANSVILLE TEACHERS based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    TRI BORO
    Similarity Rank: 24
    Los Angeles Federal Credit Union
    Similarity Rank: 72
    CRANE
    Similarity Rank: 84
    First Federal Savings Bank
    Similarity Rank: 120
    N C P D Federal Credit Union
    Similarity Rank: 126
    First Farmers and Merchants Bank
    Similarity Rank: 130
    Whitaker Bank
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,809 $722,045,000 $257,047 $3,062 7.12%
    HELOC 926 $97,240,000 $105,011 n/a 8.42%
    FHA 357 $67,165,000 $188,137 $6,872 6.64%
    VA 46 $12,430,000 $270,217 $7,941 6.43%
    USDA 41 $7,395,000 $180,366 $4,996 6.34%

    For 2023, Evansville Teachers's most frequently originated type of loan was Conventional, with 2,809 originations. Their 2nd most popular type was HELOC, with 926 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,331 $699,755,000 $300,195 $4,579 6.78%
    Cash Out Refi 1,403 $128,705,000 $91,736 $874 8.12%
    Home Improvement 353 $38,815,000 $109,958 $653 8.19%
    Refi 92 $39,000,000 $423,913 $4,309 6.74%

    For 2023, Evansville Teachers's most frequently cited loan purpose was Home Purchase, with 2,331 originations. The 2nd most popular reason was Cash Out Refi, with 1,403 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,874 $624,350,000 $217,241 $4,485 7.25%
    15 Year 753 $82,485,000 $109,542 $1,487 7.75%
    10 Year 195 $12,785,000 $65,564 $423 7.45%
    30+ year 147 $129,575,000 $881,463 $7,766 7.03%
    5 Year 102 $20,680,000 $202,745 $176 6.78%
    Other 82 $28,960,000 $353,171 $1,663 8.19%
    20 Year 24 $6,840,000 $285,000 $4,677 7.01%
    1 Year 2 $600,000 $300,000 $0 8.00%

    For 2023, Evansville Teachers's most frequently cited loan duration was 30 Year, with 2,874 originations. The 2nd most popular length was 15 Year, with 753 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,858 $288,610,000 $155,334
    $1k-2k 795 $247,335,000 $311,113
    $2k-3k 268 $72,470,000 $270,410
    $5k+ 122 $113,380,000 $929,344
    $3k-4k 81 $29,635,000 $365,864
    $4k-5k 52 $30,640,000 $589,231

    Evansville Teachers's average total fees were $4,485, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,858 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,504 $401,810,000 $267,161
    7-8% 1,220 $289,350,000 $237,172
    Over 8% 1,091 $119,085,000 $109,152
    5-6% 357 $93,785,000 $262,703
    4-5% 5 $1,975,000 $395,000

    During 2023, Evansville Teachers's average interest rate for loans was 7.25%, while their most frequently originated rate bucket for loans was 6-7%, with 1,504 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 1,585 $81,435,000 $51,379 $1,179 7.87%
    $100k-200k 1,187 $175,545,000 $147,890 $3,397 7.07%
    $200k-400k 966 $262,580,000 $271,822 $4,570 7.06%
    $400k-600k 201 $95,715,000 $476,194 $6,186 6.84%
    $600k-1MM 138 $106,080,000 $768,696 $6,675 6.88%
    $1MM+ 102 $184,920,000 $1,812,941 $11,904 6.96%

    2023 saw Evansville Teachers place emphasis on $100,000 or less loans with 1,585 originations, totaling $81,435,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 925 $161,825,000 $174,946 $3,305 7.55%
    $50k-75k 916 $108,630,000 $118,592 $3,086 7.25%
    $75k-100k 750 $112,540,000 $150,053 $3,350 7.40%
    $50k or less 571 $50,395,000 $88,257 $2,644 7.05%
    $150k-250k 539 $144,475,000 $268,043 $3,977 7.54%
    $250k+ 369 $289,105,000 $783,482 $7,037 7.32%

    Evansville Teachers lent most frequently to those with incomes in the $100k-150k range, with 925 originations. The second most popular income band? $50k-75k, with 916 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 865 $158,495,000 $183,231 $3,003 7.33%
    30-36% 834 $145,490,000 $174,448 $3,106 7.41%
    <20% 313 $61,545,000 $196,629 $3,000 7.36%
    42% 257 $59,075,000 $229,864 $4,034 7.54%
    41% 204 $40,620,000 $199,118 $4,012 7.48%
    38% 193 $35,435,000 $183,601 $3,001 7.47%
    40% 175 $37,055,000 $211,743 $3,565 7.53%
    39% 161 $33,035,000 $205,186 $3,479 7.46%
    36% 160 $32,000,000 $200,000 $3,069 7.48%
    37% 156 $33,320,000 $213,590 $3,809 7.35%
    43% 143 $30,005,000 $209,825 $3,598 7.46%
    45% 112 $28,360,000 $253,214 $4,454 7.20%
    44% 105 $25,765,000 $245,381 $4,078 7.13%
    50-60% 103 $43,585,000 $423,155 $7,591 6.90%
    46% 77 $28,855,000 $374,740 $5,185 7.05%
    47% 77 $20,325,000 $263,961 $4,136 7.12%
    48% 77 $28,465,000 $369,675 $5,006 7.11%
    49% 75 $26,925,000 $359,000 $4,341 7.06%
    >60% 8 $2,190,000 $273,750 $1,667 7.77%

    Evansville Teachers lent most frequently to those with DTI ratios of 20-30%, with 865 originations. The next most common DTI ratio? 30-36%, with 834 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,640 $716,340,000 $196,797 $3,409 7.38%
    Not provided 259 $82,655,000 $319,131 $4,623 7.06%
    Black 129 $33,945,000 $263,140 $4,852 7.41%
    Not applicable 72 $32,620,000 $453,056 $0 6.63%
    Asian 46 $26,260,000 $570,870 $6,937 7.26%
    American Indian 17 $6,635,000 $390,294 $4,812 7.31%
    Asian Indian 7 $3,845,000 $549,286 $4,659 7.27%
    Other Asian 4 $2,910,000 $727,500 $7,684 7.97%
    Native Hawaiian or Islander 2 $440,000 $220,000 $1,399 7.13%
    Japanese 1 $335,000 $335,000 $3,545 7.00%
    Filipino 1 $185,000 $185,000 $2,292 6.63%
    Vietnamese 1 $105,000 $105,000 $3,270 6.88%

    Approval Rates

    Total approvals of all applications
    90.95%

    Evansville Teachers has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.74%

    Evansville Teachers has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 4,179 $906,275,000 $216,864

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    4,179 $906,275,000 $216,864

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 685 $69,745,000 $101,818 $995 8.06%
    40-60% 331 $68,105,000 $205,755 $2,895 7.14%
    60-80% 789 $247,925,000 $314,227 $4,083 6.95%
    80-100% 1,508 $463,090,000 $307,089 $4,786 6.81%
    Over 100% 15 $4,735,000 $315,667 $12,158 6.61%
    Under 20% 850 $52,450,000 $61,706 $292 8.20%