Hendricks County Bank And Trust Company Mortgage Rates, Fees & Info

Brownsburg, IN

LEI: 549300D5ZV9HW2DYO911

Tax ID: 35-0201000

Latest/2023 | 2022 Data | 2021 Data | 2020 Data |

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Mortgage Data

Review & Overview

Hendricks County Bank And Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Hendricks County Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Indianapolis, Terre Haute, Muncie, and Crawfordsville among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

Hendricks County Bank And Trust Company 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.

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Originations

65

Origination Dollar Volume (All Markets)

$13,075,000

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
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 59 $11,465,000 $194,322 $0 0.00%
TERRE HAUTE, IN (FHA|USDA|VA) 3 $995,000 $331,667 $0 0.00%
MUNCIE, IN (FHA|USDA|VA) 2 $560,000 $280,000 $0 0.00%
Crawfordsville, IN (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
Hendricks County Bank And Trust Company's top markets include Indianapolis, Terre Haute, Muncie, and Crawfordsville among others.

Their top states include:
  • (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Hendricks County Bank and Trust Company 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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 65 $13,075,000 $201,154 $0 0.00%

    For 2023, Hendricks County Bank And Trust Company's most frequently originated type of loan was Conventional, with 65 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 32 $6,610,000 $206,563 $0 0.00%
    Cash Out Refi 16 $1,820,000 $113,750 $0 0.00%
    Refi 14 $3,630,000 $259,286 $0 0.00%
    Other 3 $1,015,000 $338,333 $0 0.00%

    For 2023, Hendricks County Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 32 originations. The 2nd most popular reason was Cash Out Refi, with 16 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 65 $13,075,000 $201,154 $0 0.00%

    For 2023, Hendricks County Bank And Trust Company's most frequently cited loan duration was Other, with 65 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 27 $4,145,000 $153,519 $0 0.00%
    $100,000 or less 20 $1,080,000 $54,000 $0 0.00%
    $200k-400k 11 $3,445,000 $313,182 $0 0.00%
    $400k-600k 4 $1,940,000 $485,000 $0 0.00%
    $600k-1MM 3 $2,465,000 $821,667 $0 0.00%

    2023 saw Hendricks County Bank And Trust Company place emphasis on $100k-200k loans with 27 originations, totaling $4,145,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 17 $2,915,000 $171,471 $0 0.00%
    $100k-150k 7 $1,625,000 $232,143 $0 0.00%
    $250k+ 6 $2,580,000 $430,000 $0 0.00%
    $50k-75k 6 $690,000 $115,000 $0 0.00%
    $50k or less 6 $720,000 $120,000 $0 0.00%
    $75k-100k 6 $650,000 $108,333 $0 0.00%

    Hendricks County Bank And Trust Company lent most frequently to those with incomes in the $150k-250k range, with 17 originations. The second most popular income band? $100k-150k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 65 $13,075,000 $201,154 $0 0.00%

    Hendricks County Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 65 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 41 $6,755,000 $164,756 $0 0.00%
    Not applicable 17 $3,775,000 $222,059 $0 0.00%
    Not provided 3 $1,685,000 $561,667 $0 0.00%
    Other Asian 1 $375,000 $375,000 $0 0.00%
    Black 2 $320,000 $160,000 $0 0.00%
    Asian 1 $165,000 $165,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    83.51%

    Hendricks County Bank And Trust Company has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    75.38%

    Hendricks County Bank And Trust Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 65 $13,075,000 $201,154

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    65 $13,075,000 $201,154