Lakeside Bank Mortgage Rates, Fees & Info

Chicago, IL

LEI: 549300DUTN4RUBI81Z18

Tax ID: 36-2583514

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Lakeside Bank is a smaller bank specializing in Home Purchase and Refi loans. Lakeside Bank has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Denver, Niles, and Naples among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Lakeside Bank 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.

    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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    Originations

    44

    Origination Dollar Volume (All Markets)

    $31,030,000

    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
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 40 $25,220,000 $630,500 $0 0.00%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $2,685,000 $2,685,000 $0 0.00%
    NILES, MI (FHA|USDA|VA) 1 $1,655,000 $1,655,000 $0 0.00%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $1,355,000 $1,355,000 $0 0.00%
    Outside of Metro Areas 1 $115,000 $115,000 $0 0.00%
    Lakeside Bank's top markets include Chicago, Denver, Niles, and Naples among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 44 $31,030,000 $705,227 $0 0.00%

    For 2024, Lakeside Bank's most frequently originated type of loan was Conventional, with 44 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 29 $19,185,000 $661,552 $0 0.00%
    Refi 14 $11,730,000 $837,857 $0 0.00%
    Cash Out Refi 1 $115,000 $115,000 $0 0.00%

    For 2024, Lakeside Bank's most frequently cited loan purpose was Home Purchase, with 29 originations. The 2nd most popular reason was Refi, with 14 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 44 $31,030,000 $705,227 $0 0.00%

    For 2024, Lakeside Bank's most frequently cited loan duration was Other, with 44 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 14 $4,370,000 $312,143 $0 0.00%
    $1MM+ 12 $17,780,000 $1,481,667 $0 0.00%
    $400k-600k 7 $3,605,000 $515,000 $0 0.00%
    $600k-1MM 6 $4,600,000 $766,667 $0 0.00%
    $100k-200k 5 $675,000 $135,000 $0 0.00%

    2024 saw Lakeside Bank place emphasis on $200k-400k loans with 14 originations, totaling $4,370,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 12 $13,020,000 $1,085,000 $0 0.00%
    $75k-100k 4 $610,000 $152,500 $0 0.00%
    $100k-150k 2 $650,000 $325,000 $0 0.00%
    $150k-250k 1 $245,000 $245,000 $0 0.00%

    Lakeside Bank lent most frequently to those with incomes in the $250k+ range, with 12 originations. The second most popular income band? $75k-100k, with 4 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 44 $31,030,000 $705,227 $0 0.00%

    Lakeside Bank lent most frequently to those with DTI ratios of Exempt%, with 44 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 25 $16,505,000 $660,200 $0 0.00%
    White 14 $10,190,000 $727,857 $0 0.00%
    Not provided 2 $2,550,000 $1,275,000 $0 0.00%
    Asian 3 $1,785,000 $595,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    89.87%

    Lakeside Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    38.64%

    Lakeside Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 44 $31,030,000 $705,227

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    44 $31,030,000 $705,227