Sauk Valley Bank & Trust Company Mortgage Rates, Fees & Info
Sterling, ILLEI: 549300B6UWNP01JH6452
Tax ID: 36-4253133
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Mortgage Data
Review & Overview
Sauk Valley Bank & Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Sauk Valley Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Sterling, Dixon, Chicago, Rockford, and Rochelle among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)Sauk Valley Bank & Trust Company 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
190Origination Dollar Volume (All Markets)
$25,670,000Top 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 |
|---|---|---|---|---|---|
| Sterling, IL (FHA|USDA|VA) | 81 | $8,005,000 | $98,827 | $0 | 0.00% |
| Dixon, IL (FHA|USDA|VA) | 42 | $6,360,000 | $151,429 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 28 | $3,810,000 | $136,071 | $0 | 0.00% |
| ROCKFORD, IL (FHA|USDA|VA) | 14 | $2,200,000 | $157,143 | $0 | 0.00% |
| Rochelle, IL (FHA|USDA|VA) | 7 | $1,025,000 | $146,429 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $835,000 | $167,000 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 0.00% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| Ottawa, IL (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 0.00% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 190 | $25,670,000 | $135,105 | $0 | 0.00% |
For 2023, Sauk Valley Bank & Trust Company's most frequently originated type of loan was Conventional, with 190 originations.
Loan Reason
For 2023, Sauk Valley Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 113 originations. The 2nd most popular reason was Refi, with 61 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 190 | $25,670,000 | $135,105 | $0 | 0.00% |
For 2023, Sauk Valley Bank & Trust Company's most frequently cited loan duration was Other, with 190 originations.
Loan Sizing
2023 saw Sauk Valley Bank & Trust Company place emphasis on $100,000 or less loans with 90 originations, totaling $5,390,000 in origination value.
Applicant Income
Sauk Valley Bank & Trust Company lent most frequently to those with incomes in the $50k-75k range, with 37 originations. The second most popular income band? $50k or less, with 31 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 190 | $25,670,000 | $135,105 | $0 | 0.00% |
Sauk Valley Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 190 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.31%
Sauk Valley Bank & Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination91.58%
Sauk Valley Bank & Trust Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 190 | $25,670,000 | $135,105 |