Sauk Valley Bank & Trust Company Mortgage Rates, Fees & Info
Sterling, ILLEI: 549300B6UWNP01JH6452
Tax ID: 36-4253133
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Sauk Valley Bank & Trust Company is a smaller bank specializing in Home Purchase 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 15 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.
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.
Originations
224Origination Dollar Volume (All Markets)
$32,500,000Top 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) | 89 | $10,225,000 | $114,888 | $0 | 0.00% |
Dixon, IL (FHA|USDA|VA) | 65 | $8,285,000 | $127,462 | $0 | 0.00% |
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 23 | $6,775,000 | $294,565 | $0 | 0.00% |
ROCKFORD, IL (FHA|USDA|VA) | 17 | $1,995,000 | $117,353 | $0 | 0.00% |
Rochelle, IL (FHA|USDA|VA) | 10 | $1,620,000 | $162,000 | $0 | 0.00% |
Whitewater, WI (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $0 | 0.00% |
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 5 | $645,000 | $129,000 | $0 | 0.00% |
LANCASTER, PA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
Outside of Metro Areas | 4 | $410,000 | $102,500 | $0 | 0.00% |
Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 0.00% |
BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
RACINE, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Burlington, IA-IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Ottawa, IL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 224 | $32,500,000 | $145,089 | $0 | 0.00% |
For 2022, Sauk Valley Bank & Trust Company's most frequently originated type of loan was Conventional, with 224 originations.
Loan Reason
For 2022, Sauk Valley Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 144 originations. The 2nd most popular reason was Refi, with 50 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 224 | $32,500,000 | $145,089 | $0 | 0.00% |
For 2022, Sauk Valley Bank & Trust Company's most frequently cited loan duration was Other, with 224 originations.
Loan Sizing
2022 saw Sauk Valley Bank & Trust Company place emphasis on $100,000 or less loans with 108 originations, totaling $6,200,000 in origination value.
Applicant Income
Sauk Valley Bank & Trust Company lent most frequently to those with incomes in the $50k-75k range, with 48 originations. The second most popular income band? $100k-150k, with 40 originations.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Exempt% | 224 | $32,500,000 | $145,089 | $0 | 0.00% |
Sauk Valley Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 224 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.73%
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 origination94.20%
Sauk Valley Bank & Trust Company has an average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
Exempt | 224 | $32,500,000 | $145,089 |