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
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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.
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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 |