Beverly Bank & Trust Mortgage Rates, Fees & Info
Rosemont, ILLEI: 549300FOO7XNZ1564N12
Tax ID: 56-2417163
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Beverly Bank & Trust is a smaller bank specializing in Home Purchase loans. Beverly Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Los Angeles, Racine, Minneapolis, and New York among others. We have data for 25 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.
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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
85Origination Dollar Volume (All Markets)
$43,175,000Top 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) | 45 | $17,425,000 | $387,222 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 6 | $5,580,000 | $930,000 | $0 | 0.00% |
| RACINE, WI (FHA|USDA|VA) | 1 | $3,645,000 | $3,645,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 4 | $1,620,000 | $405,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $1,580,000 | $790,000 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $1,285,000 | $1,285,000 | $0 | 0.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $1,165,000 | $1,165,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $1,080,000 | $540,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $1,065,000 | $1,065,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $905,000 | $301,667 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 0.00% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 0.00% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $0 | 0.00% |
| Sturgis, MI (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| OCALA, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 85 | $43,175,000 | $507,941 | $0 | 0.00% |
For 2022, Beverly Bank & Trust's most frequently originated type of loan was Conventional, with 85 originations.
Loan Reason
For 2022, Beverly Bank & Trust's most frequently cited loan purpose was Home Purchase, with 59 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 | 85 | $43,175,000 | $507,941 | $0 | 0.00% |
For 2022, Beverly Bank & Trust's most frequently cited loan duration was Other, with 85 originations.
Loan Sizing
2022 saw Beverly Bank & Trust place emphasis on $200k-400k loans with 26 originations, totaling $8,120,000 in origination value.
Applicant Income
Beverly Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 19 originations. The second most popular income band? $100k-150k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 85 | $43,175,000 | $507,941 | $0 | 0.00% |
Beverly Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 85 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.69%
Beverly Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination72.94%
Beverly Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 85 | $43,175,000 | $507,941 |