Beverly Bank & Trust Mortgage Rates, Fees & Info

Rosemont, IL

LEI: 549300FOO7XNZ1564N12

Tax ID: 56-2417163

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

Review & Overview

Beverly Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Beverly Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Indianapolis, Miami, Los Angeles, and San Jose among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

Beverly Bank & Trust 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.

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Originations

Origination Dollar Volume (All Markets)

$41,145,000

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)	31	$13,395,000	$432,097	$0	0.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA\|USDA\|VA)	2	$7,710,000	$3,855,000	$0	0.00%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	2	$4,350,000	$2,175,000	$0	0.00%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	3	$2,905,000	$968,333	$0	0.00%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA\|USDA\|VA)	2	$2,590,000	$1,295,000	$0	0.00%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA\|USDA\|VA)	2	$2,580,000	$1,290,000	$0	0.00%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	1	$1,905,000	$1,905,000	$0	0.00%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	2	$1,890,000	$945,000	$0	0.00%
DES MOINES-WEST DES MOINES, IA (FHA\|USDA\|VA)	1	$1,115,000	$1,115,000	$0	0.00%
GRAND FORKS, ND-MN (FHA\|USDA\|VA)	1	$1,045,000	$1,045,000	$0	0.00%
Kalispell, MT (FHA\|USDA\|VA)	1	$855,000	$855,000	$0	0.00%
GREEN BAY, WI (FHA\|USDA\|VA)	1	$805,000	$805,000	$0	0.00%

Beverly Bank & Trust's top markets include Chicago, Indianapolis, Miami, Los Angeles, and San Jose among others.

Their top states include:

Illinois (FHA|USDA|VA)

California (FHA|USDA|VA)

Indiana (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Arizona (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	49	$41,145,000	$839,694	$0	0.00%

For 2024, Beverly Bank & Trust's most frequently originated type of loan was Conventional, with 49 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	35	$32,415,000	$926,143	$0	0.00%
Refi	10	$8,280,000	$828,000	$0	0.00%
Home Improvement	2	$350,000	$175,000	$0	0.00%
Other	1	$35,000	$35,000	$0	0.00%
Cash Out Refi	1	$65,000	$65,000	$0	0.00%

For 2024, Beverly Bank & Trust's most frequently cited loan purpose was Home Purchase, with 35 originations. The 2nd most popular reason was Refi, with 10 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	49	$41,145,000	$839,694	$0	0.00%

For 2024, Beverly Bank & Trust's most frequently cited loan duration was Other, with 49 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$1MM+	15	$25,985,000	$1,732,333	$0	0.00%
$600k-1MM	11	$8,715,000	$792,273	$0	0.00%
$200k-400k	10	$3,440,000	$344,000	$0	0.00%
$100k-200k	6	$840,000	$140,000	$0	0.00%
$400k-600k	4	$2,020,000	$505,000	$0	0.00%
$100,000 or less	3	$145,000	$48,333	$0	0.00%

2024 saw Beverly Bank & Trust place emphasis on $1MM+ loans with 15 originations, totaling $25,985,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$250k+	21	$24,175,000	$1,151,190	$0	0.00%
$150k-250k	7	$3,175,000	$453,571	$0	0.00%
$50k-75k	4	$520,000	$130,000	$0	0.00%
$100k-150k	3	$1,035,000	$345,000	$0	0.00%
$75k-100k	1	$35,000	$35,000	$0	0.00%

Beverly Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 21 originations. The second most popular income band? $150k-250k, with 7 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	49	$41,145,000	$839,694	$0	0.00%

Beverly Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 49 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	23	$19,505,000	$848,043	$0	0.00%
Not applicable	9	$11,005,000	$1,222,778	$0	0.00%
Not provided	7	$5,185,000	$740,714	$0	0.00%
Asian Indian	3	$3,535,000	$1,178,333	$0	0.00%
Black	6	$1,520,000	$253,333	$0	0.00%
Asian	1	$395,000	$395,000	$0	0.00%

Approval Rates

Total approvals of all applications
93.75%

Beverly Bank & Trust has an average approval rate.

Pick Rate

Approvals leading to origination
77.55%

Beverly Bank & Trust has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	49	$41,145,000	$839,694

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	49	$41,145,000	$839,694