Alliance Community Bank Mortgage Rates, Fees & Info
Petersburg, ILLEI: 549300FX3J95NB1UTP88
Tax ID: 37-0160000
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Alliance Community Bank is a smaller bank specializing in Home Purchase and Refi loans. Alliance Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Springfield, St. Louis, Centralia, Peoria, and Lincoln among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Alliance Community Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
231Origination Dollar Volume (All Markets)
$36,005,000Top 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 |
|---|---|---|---|---|---|
| SPRINGFIELD, IL (FHA|USDA|VA) | 204 | $31,970,000 | $156,716 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 5 | $1,405,000 | $281,000 | $0 | 0.00% |
| Outside of Metro Areas | 12 | $1,100,000 | $91,667 | $0 | 0.00% |
| Centralia, IL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 0.00% |
| Lincoln, IL (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $0 | 0.00% |
| Taylorville, IL (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 0.00% |
| Macomb, IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Alliance Community Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 98
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 231 | $36,005,000 | $155,866 | $0 | 0.00% |
For 2024, Alliance Community Bank's most frequently originated type of loan was Conventional, with 231 originations.
Loan Reason
For 2024, Alliance Community Bank's most frequently cited loan purpose was Home Purchase, with 156 originations. The 2nd most popular reason was Refi, with 46 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 231 | $36,005,000 | $155,866 | $0 | 0.00% |
For 2024, Alliance Community Bank's most frequently cited loan duration was Other, with 231 originations.
Loan Sizing
2024 saw Alliance Community Bank place emphasis on $100,000 or less loans with 92 originations, totaling $5,570,000 in origination value.
Applicant Income
Alliance Community Bank lent most frequently to those with incomes in the $150k-250k range, with 37 originations. The second most popular income band? $100k-150k, with 32 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 231 | $36,005,000 | $155,866 | $0 | 0.00% |
Alliance Community Bank lent most frequently to those with DTI ratios of Exempt%, with 231 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.41%
Alliance Community Bank has an average approval rate.
Pick Rate
Approvals leading to origination91.34%
Alliance Community Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 231 | $36,005,000 | $155,866 |