Havana National Bank Mortgage Rates, Fees & Info
Havana, ILLEI: 549300BO5UTSDB76V724
Tax ID: 37-0317760
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Havana National Bank is a smaller bank specializing in Home Purchase and Refi loans. Havana National Bank has a high proportion of conventional loans. Their top two markets are Peoria and Bloomington .Havana National Bank has an 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.
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
22Origination Dollar Volume (All Markets)
$1,590,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 14 | $1,010,000 | $72,143 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 7 | $535,000 | $76,429 | $0 | 0.00% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 22 | $1,590,000 | $72,273 | $0 | 0.00% |
For 2019, Havana National Bank's most frequently originated type of loan was Conventional, with 22 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 15 | $985,000 | $65,667 | $0 | 0.00% |
| Refi | 6 | $580,000 | $96,667 | $0 | 0.00% |
| Home Improvement | 1 | $25,000 | $25,000 | $0 | 0.00% |
For 2019, Havana National Bank's most frequently cited loan purpose was Home Purchase, with 15 originations. The 2nd most popular reason was Refi, with 6 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 22 | $1,590,000 | $72,273 | $0 | 0.00% |
For 2019, Havana National Bank's most frequently cited loan duration was Other, with 22 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100,000 or less | 17 | $775,000 | $45,588 | $0 | 0.00% |
| $100k-200k | 3 | $355,000 | $118,333 | $0 | 0.00% |
| $200k-400k | 2 | $460,000 | $230,000 | $0 | 0.00% |
2019 saw Havana National Bank place emphasis on $100,000 or less loans with 17 originations, totaling $775,000 in origination value.
Applicant Income
Havana National Bank lent most frequently to those with incomes in the $50k-75k range, with 7 originations. The second most popular income band? $50k or less, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 22 | $1,590,000 | $72,273 | $0 | 0.00% |
Havana National Bank lent most frequently to those with DTI ratios of Exempt%, with 22 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 22 | $1,590,000 | $72,273 | $0 | 0.00% |
Approval Rates
Total approvals of all applications78.13%
Havana National Bank has a below average approval rate.
Pick Rate
Approvals leading to origination86.36%
Havana National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 22 | $1,590,000 | $72,273 |