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, Sevierville, Daphne, Carbondale, and Deltona among others. We have data for 10 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
154Origination Dollar Volume (All Markets)
$33,340,000Top 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) | 140 | $30,110,000 | $215,071 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $515,000 | $103,000 | $0 | 0.00% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| DOTHAN, AL (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 | 154 | $33,340,000 | $216,494 | $0 | 0.00% |
For 2022, Bank Of Belleville's most frequently originated type of loan was Conventional, with 154 originations.
Loan Reason
For 2022, Bank Of Belleville's most frequently cited loan purpose was Home Purchase, with 98 originations. The 2nd most popular reason was Refi, with 42 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 154 | $33,340,000 | $216,494 | $0 | 0.00% |
For 2022, Bank Of Belleville's most frequently cited loan duration was Other, with 154 originations.
Loan Sizing
2022 saw Bank Of Belleville place emphasis on $100,000 or less loans with 49 originations, totaling $3,085,000 in origination value.
Applicant Income
Bank Of Belleville lent most frequently to those with incomes in the $250k+ range, with 59 originations. The second most popular income band? $150k-250k, with 16 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 154 | $33,340,000 | $216,494 | $0 | 0.00% |
Bank Of Belleville lent most frequently to those with DTI ratios of Exempt%, with 154 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.27%
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 origination95.45%
Bank Of Belleville has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 154 | $33,340,000 | $216,494 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| BANK OF NEW YORK MELLON CORPORATION, THE | Reverse mortgage | Struggling to pay mortgage | 1 | 100.0% |