Catlin Bank Mortgage Rates, Fees & Info

Catlin, IL

LEI: 549300BLY7T77VMK2263

Tax ID: 37-0209600

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Catlin Bank is a smaller bank specializing in Home Purchase and Refi loans. Catlin Bank has a high proportion of conventional loans. Their top markets by origination volume include: Danville, Champaign, Lafayette, Terre Haute, and Decatur among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Catlin Bank 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.

    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.

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    Originations

    70

    Origination Dollar Volume (All Markets)

    $6,230,000

    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
    DANVILLE, IL (FHA|USDA|VA) 59 $4,795,000 $81,271 $0 0.00%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 2 $510,000 $255,000 $0 0.00%
    Outside of Metro Areas 3 $365,000 $121,667 $0 0.00%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $260,000 $130,000 $0 0.00%
    TERRE HAUTE, IN (FHA|USDA|VA) 3 $165,000 $55,000 $0 0.00%
    DECATUR, IL (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
    Catlin Bank's top markets include Danville, Champaign, Lafayette, Terre Haute, and Decatur among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 64 $5,790,000 $90,469 $0 0.00%
    USDA 6 $440,000 $73,333 $0 0.00%

    For 2023, Catlin Bank's most frequently originated type of loan was Conventional, with 64 originations. Their 2nd most popular type was USDA, with 6 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 29 $3,525,000 $121,552 $0 0.00%
    Refi 18 $1,320,000 $73,333 $0 0.00%
    Cash Out Refi 13 $1,015,000 $78,077 $0 0.00%
    Other 8 $300,000 $37,500 $0 0.00%
    Home Improvement 2 $70,000 $35,000 $0 0.00%

    For 2023, Catlin Bank's most frequently cited loan purpose was Home Purchase, with 29 originations. The 2nd most popular reason was Refi, with 18 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 70 $6,230,000 $89,000 $0 0.00%

    For 2023, Catlin Bank's most frequently cited loan duration was Other, with 70 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 52 $2,910,000 $55,962 $0 0.00%
    $100k-200k 13 $1,685,000 $129,615 $0 0.00%
    $200k-400k 3 $775,000 $258,333 $0 0.00%
    $400k-600k 2 $860,000 $430,000 $0 0.00%

    2023 saw Catlin Bank place emphasis on $100,000 or less loans with 52 originations, totaling $2,910,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 19 $1,135,000 $59,737 $0 0.00%
    $100k-150k 16 $1,510,000 $94,375 $0 0.00%
    $50k-75k 16 $1,470,000 $91,875 $0 0.00%
    $75k-100k 8 $630,000 $78,750 $0 0.00%
    $150k-250k 6 $710,000 $118,333 $0 0.00%

    Catlin Bank lent most frequently to those with incomes in the $50k or less range, with 19 originations. The second most popular income band? $100k-150k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 70 $6,230,000 $89,000 $0 0.00%

    Catlin Bank lent most frequently to those with DTI ratios of Exempt%, with 70 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 63 $4,855,000 $77,063 $0 0.00%
    Not applicable 3 $585,000 $195,000 $0 0.00%
    Asian 1 $405,000 $405,000 $0 0.00%
    Not provided 3 $385,000 $128,333 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.24%

    Catlin Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.57%

    Catlin Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 70 $6,230,000 $89,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    70 $6,230,000 $89,000