Catlin Bank Mortgage Rates, Fees & Info
Catlin, ILLEI: 549300BLY7T77VMK2263
Tax ID: 37-0209600
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
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, Terre Haute, Lafayette, and Kankakee among others. We have data for 7 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.
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Originations
212Origination Dollar Volume (All Markets)
$21,280,000Top 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 |
|---|---|---|---|---|---|
| DANVILLE, IL (FHA|USDA|VA) | 179 | $16,445,000 | $91,872 | $0 | 0.00% |
| Outside of Metro Areas | 15 | $1,955,000 | $130,333 | $0 | 0.00% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 9 | $1,415,000 | $157,222 | $0 | 0.00% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 6 | $760,000 | $126,667 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| KANKAKEE, IL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 196 | $19,980,000 | $101,939 | $0 | 0.00% |
| USDA | 16 | $1,300,000 | $81,250 | $0 | 0.00% |
For 2022, Catlin Bank's most frequently originated type of loan was Conventional, with 196 originations. Their 2nd most popular type was USDA, with 16 originations.
Loan Reason
For 2022, Catlin Bank's most frequently cited loan purpose was Home Purchase, with 118 originations. The 2nd most popular reason was Refi, with 47 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 212 | $21,280,000 | $100,377 | $0 | 0.00% |
For 2022, Catlin Bank's most frequently cited loan duration was Other, with 212 originations.
Loan Sizing
2022 saw Catlin Bank place emphasis on $100,000 or less loans with 131 originations, totaling $7,115,000 in origination value.
Applicant Income
Catlin Bank lent most frequently to those with incomes in the $50k or less range, with 67 originations. The second most popular income band? $50k-75k, with 48 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 212 | $21,280,000 | $100,377 | $0 | 0.00% |
Catlin Bank lent most frequently to those with DTI ratios of Exempt%, with 212 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.72%
Catlin Bank has an average approval rate.
Pick Rate
Approvals leading to origination83.02%
Catlin Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 212 | $21,280,000 | $100,377 |