Carrollton Bank Mortgage Rates, Fees & Info
Carrollton, ILLEI: 549300CP7747DCRW6U68
Tax ID: 37-0207180
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Mortgage Data
Review & Overview
Carrollton Bank is a smaller bank specializing in Home Purchase loans. Carrollton Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: St. Louis, Springfield, Cape Coral, Chicago, and Bloomington among others. We have data for 75 markets. (Some data included below & more in-depth data is available with an active subscription.)Carrollton 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. Carrollton Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.06% | 5/27/23 |
| 30 Year Conventional Purchase | 6.62% | 5/27/23 |
| 30 Year Conventional Refi | 6.45% | 5/27/23 |
| 30 Year Cash-out Refi | 6.66% | 5/27/23 |
| 30 Year FHA Purchase | 7.28% | 5/27/23 |
| 30 Year FHA Refi | 5.93% | 5/27/23 |
| 30 Year VA Purchase | 5.85% | 5/27/23 |
| 30 Year VA Refi | 5.67% | 5/27/23 |
| 30 Year USDA Purchase | 6.60% | 5/27/23 |
| 15 Year Conventional Purchase | 6.24% | 5/27/23 |
| 15 Year Conventional Refi | 5.85% | 5/27/23 |
| 15 Year Cash-out Refi | 5.85% | 5/27/23 |
| 15 Year FHA Purchase | 6.98% | 5/27/23 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Carrollton Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from Carrollton Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,564Origination Dollar Volume (All Markets)
$495,840,000Awards
Carrollton Bank - 2022
Carrollton Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Relative Rate
Carrollton Bank's average 30 year fixed mortgage rate was
4.92%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.16%.
Relative Fees (Closing Costs)
Carrollton Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $3,389.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $4,750.
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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2,189 | $414,285,000 | $189,258 | $3,249 | 4.73% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 132 | $18,230,000 | $138,106 | $2,179 | 4.70% |
| Outside of Metro Areas | 106 | $16,600,000 | $156,604 | $2,509 | 4.72% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 6 | $9,530,000 | $1,588,333 | $5,795 | 5.17% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 10 | $3,460,000 | $346,000 | $5,417 | 5.16% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 12 | $2,580,000 | $215,000 | $2,672 | 4.78% |
| Heber, UT (FHA|USDA|VA) | 1 | $2,165,000 | $2,165,000 | $0 | 3.75% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $1,875,000 | $1,875,000 | $0 | 3.75% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $1,820,000 | $455,000 | $3,294 | 4.06% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $1,275,000 | $1,275,000 | $0 | 3.75% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $1,240,000 | $620,000 | $4,581 | 4.44% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 4 | $1,030,000 | $257,500 | $2,741 | 4.94% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $1,005,000 | $335,000 | $2,538 | 5.08% |
| PEORIA, IL (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $2,231 | 3.89% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $3,091 | 4.38% |
| Branson, MO (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $1,701 | 4.75% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $7,118 | 5.58% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $0 | 5.88% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $5,385 | 4.38% |
| Lincoln, IL (FHA|USDA|VA) | 6 | $820,000 | $136,667 | $3,829 | 4.19% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $0 | 3.25% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 6.25% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 5 | $665,000 | $133,000 | $1,582 | 4.68% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $0 | 5.13% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $3,787 | 5.13% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $4,361 | 5.25% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $7,433 | 4.63% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $3,521 | 5.50% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $4,294 | 5.75% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $4,038 | 5.38% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $2,315 | 5.00% |
| COLUMBIA, MO (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 3.81% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 4.20% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $2,715 | 5.13% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $1,896 | 4.94% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,280 | 7.25% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,651 | 5.50% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,465 | 3.38% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,904 | 3.88% |
| Mount Vernon, IL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,651 | 5.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 4.50% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,048 | 4.25% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,701 | 5.50% |
| Oxford, MS (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,076 | 4.75% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,436 | 6.50% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,218 | 3.75% |
| DECATUR, IL (FHA|USDA|VA) | 3 | $215,000 | $71,667 | $1,948 | 5.33% |
| Mexico, MO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,633 | 4.00% |
| Stillwater, OK (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,272 | 3.38% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,253 | 4.63% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,774 | 3.63% |
| Bartlesville, OK (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,627 | 5.75% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,990 | 6.13% |
| Farmington, MO (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $2,345 | 5.00% |
| Taylorville, IL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $1,834 | 5.13% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,009 | 3.63% |
| Sikeston, MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,468 | 3.63% |
| FARGO, ND-MN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,886 | 7.13% |
| Jacksonville, IL (FHA|USDA|VA) | 3 | $145,000 | $48,333 | $0 | 4.75% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,993 | 5.13% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,065 | 5.50% |
| London, KY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,564 | 3.25% |
| Ottawa, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,195 | 3.88% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 7.00% |
| Centralia, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.00% |
| Dixon, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,895 | 6.88% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,825 | 5.13% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.00% |
| Sedalia, MO (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $1,842 | 6.38% |
| Gallup, NM (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,609 | 3.25% |
| Rolla, MO (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.50% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.50% |
| Marinette, WI-MI (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $2,277 | 4.13% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 5.50% |
| Great Bend, KS (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $1,877 | 6.50% |
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We use machine learning to identify the top lenders compared against Carrollton Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2022, Carrollton Bank's most frequently originated type of loan was Conventional, with 1,695 originations. Their 2nd most popular type was HELOC, with 531 originations.
Loan Reason
For 2022, Carrollton Bank's most frequently cited loan purpose was Home Purchase, with 1,688 originations. The 2nd most popular reason was Refi, with 390 originations.
Loan Duration/Length
For 2022, Carrollton Bank's most frequently cited loan duration was 30 Year, with 1,411 originations. The 2nd most popular length was 5 Year, with 771 originations.
Origination Fees/Closing Costs
Carrollton Bank's average total fees were $3,389, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,269 originations.
Interest Rates
During 2022, Carrollton Bank's average interest rate for loans was 4.92%, while their most frequently originated rate bucket for loans was 3-4%, with 699 originations.
Loan Sizing
2022 saw Carrollton Bank place emphasis on $100k-200k loans with 853 originations, totaling $123,885,000 in origination value.
Applicant Income
Carrollton Bank lent most frequently to those with incomes in the $50k-75k range, with 459 originations. The second most popular income band? $100k-150k, with 436 originations.
Applicant Debt to Income Ratio
Carrollton Bank lent most frequently to those with DTI ratios of 20-30%, with 483 originations. The next most common DTI ratio? 30-36%, with 413 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.08%
Carrollton Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination86.23%
Carrollton Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,564 | $495,840,000 | $193,385 |