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 | 2019 Data | 2018 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

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.

Mutual Savings Bank
Similarity Rank: 460

Greenfield Banking Company
Similarity Rank: 581

INDIANA UNIVERSITY CREDIT UNION
Similarity Rank: 651

VICTORY MORTGAGE, L.L.C.
Similarity Rank: 1020

Jackson County Bank
Similarity Rank: 1064

CRANE
Similarity Rank: 1134

Community First Bank of Indiana
Similarity Rank: 1287

Stock Yards Bank & Trust Company
Similarity Rank: 1472

First Internet Bank of Indiana
Similarity Rank: 1500

Centra Credit Union
Similarity Rank: 1763

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