First Eagle Bank Mortgage Rates, Fees & Info
HANOVER PARK, ILLEI: 549300DYVAMYTMH9UV09
Tax ID: 36-3318512
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First Eagle Bank is a smaller bank specializing in Home Purchase and Refi loans. First Eagle Bank has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Tampa, Niles, Miami, and Whitewater among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)First Eagle 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.
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Originations
50Origination Dollar Volume (All Markets)
$42,540,000Top 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 |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 44 | $34,810,000 | $791,136 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $3,205,000 | $3,205,000 | $0 | 0.00% |
| NILES, MI (FHA|USDA|VA) | 2 | $2,450,000 | $1,225,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $915,000 | $915,000 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 50 | $42,540,000 | $850,800 | $0 | 0.00% |
For 2023, First Eagle Bank's most frequently originated type of loan was Conventional, with 50 originations.
Loan Reason
For 2023, First Eagle Bank's most frequently cited loan purpose was Home Purchase, with 33 originations. The 2nd most popular reason was Refi, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 50 | $42,540,000 | $850,800 | $0 | 0.00% |
For 2023, First Eagle Bank's most frequently cited loan duration was Other, with 50 originations.
Loan Sizing
2023 saw First Eagle Bank place emphasis on $1MM+ loans with 15 originations, totaling $26,065,000 in origination value.
Applicant Income
First Eagle Bank lent most frequently to those with incomes in the $250k+ range, with 10 originations. The second most popular income band? $50k-75k, with 4 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 50 | $42,540,000 | $850,800 | $0 | 0.00% |
First Eagle Bank lent most frequently to those with DTI ratios of Exempt%, with 50 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.90%
First Eagle Bank has an average approval rate.
Pick Rate
Approvals leading to origination54.00%
First Eagle 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 | 50 | $42,540,000 | $850,800 |