Bank Of Belleville Mortgage Rates, Fees & Info
Belleville, ILLEI: 549300BY08MY8QNSPU50
Tax ID: 20-3533607
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bank Of Belleville is a smaller bank specializing in Home Purchase and Refi loans. Bank Of Belleville has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Breckenridge, Naples, Key West, and Columbia among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank Of Belleville 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
60Origination Dollar Volume (All Markets)
$10,920,000Top 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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 52 | $7,560,000 | $145,385 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $1,035,000 | $345,000 | $0 | 0.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| Key West, FL (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 60 | $10,920,000 | $182,000 | $0 | 0.00% |
For 2019, Bank Of Belleville's most frequently originated type of loan was Conventional, with 60 originations.
Loan Reason
For 2019, Bank Of Belleville's most frequently cited loan purpose was Home Purchase, with 32 originations. The 2nd most popular reason was Refi, with 17 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 60 | $10,920,000 | $182,000 | $0 | 0.00% |
For 2019, Bank Of Belleville's most frequently cited loan duration was Other, with 60 originations.
Loan Sizing
2019 saw Bank Of Belleville place emphasis on $100,000 or less loans with 26 originations, totaling $1,510,000 in origination value.
Applicant Income
Bank Of Belleville lent most frequently to those with incomes in the $250k+ range, with 22 originations. The second most popular income band? $150k-250k, with 13 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 60 | $10,920,000 | $182,000 | $0 | 0.00% |
Bank Of Belleville lent most frequently to those with DTI ratios of Exempt%, with 60 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.52%
Bank Of Belleville has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination93.33%
Bank Of Belleville has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 60 | $10,920,000 | $182,000 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 6 | $1,720,000 | $286,667 |
| Single Family (1-4 Units):Site-Built | 54 | $9,200,000 | $170,370 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| BANK OF THE WEST | Conventional home mortgage | Struggling to pay mortgage | 1 | 7.1% |
| BANK OF THE WEST | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
| BANK OF THE WEST | Other type of mortgage | Trouble during payment process | 1 | 7.1% |
| BANK OF THE WEST | Other type of mortgage | Closing on a mortgage | 1 | 7.1% |
| BANK OF THE WEST | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Trouble during payment process | 2 | 14.3% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.1% |
| BANK OF THE WEST | Conventional home mortgage | Trouble during payment process | 6 | 42.9% |