Terre Haute Savings Bank Mortgage Rates, Fees & Info

Terre Haute, IN

LEI: 549300G2EZKPVQQ0D852

Tax ID: 35-0705150

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Mortgage Data

Review & Overview

Terre Haute Savings Bank is a smaller bank specializing in Home Purchase loans. Terre Haute Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Terre Haute, Indianapolis, Frankfort, Cape Coral, and Danville among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

Terre Haute Savings Bank 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.

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Originations

96

Origination Dollar Volume (All Markets)

$14,230,000

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
TERRE HAUTE, IN (FHA|USDA|VA) 85 $11,645,000 $137,000 $0 0.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $710,000 $355,000 $0 0.00%
Frankfort, IN (FHA|USDA|VA) 1 $645,000 $645,000 $0 0.00%
Outside of Metro Areas 4 $460,000 $115,000 $0 0.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $305,000 $305,000 $0 0.00%
DANVILLE, IL (FHA|USDA|VA) 2 $260,000 $130,000 $0 0.00%
Crawfordsville, IN (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
Terre Haute Savings Bank's top markets include Terre Haute, Indianapolis, Frankfort, Cape Coral, and Danville among others.

Their top states include:
  • Indiana (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Terre Haute Savings Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The Riddell National Bank
    Similarity Rank: 20
    First Financial Bank
    Similarity Rank: 1624
    Old National Bank
    Similarity Rank: 1799
    Mortgage Research Center, LLC
    Similarity Rank: 2754
    Wolfe Financial, Inc
    Similarity Rank: 3072
    GVC MORTGAGE, INC.
    Similarity Rank: 3399
    The Huntington National Bank
    Similarity Rank: 4806
    Fifth Third Bank
    Similarity Rank: 6192
    RUOFF MORTGAGE COMPANY, INC.
    Similarity Rank: 6321

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 96 $14,230,000 $148,229 $0 0.00%

    For 2023, Terre Haute Savings Bank's most frequently originated type of loan was Conventional, with 96 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 60 $11,000,000 $183,333 $0 0.00%
    Refi 17 $2,015,000 $118,529 $0 0.00%
    Cash Out Refi 8 $650,000 $81,250 $0 0.00%
    Other 6 $250,000 $41,667 $0 0.00%
    Home Improvement 5 $315,000 $63,000 $0 0.00%

    For 2023, Terre Haute Savings Bank's most frequently cited loan purpose was Home Purchase, with 60 originations. The 2nd most popular reason was Refi, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 96 $14,230,000 $148,229 $0 0.00%

    For 2023, Terre Haute Savings Bank's most frequently cited loan duration was Other, with 96 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 46 $2,390,000 $51,957 $0 0.00%
    $100k-200k 30 $3,990,000 $133,000 $0 0.00%
    $200k-400k 14 $3,610,000 $257,857 $0 0.00%
    $400k-600k 3 $1,295,000 $431,667 $0 0.00%
    $600k-1MM 2 $1,260,000 $630,000 $0 0.00%
    $1MM+ 1 $1,685,000 $1,685,000 $0 0.00%

    2023 saw Terre Haute Savings Bank place emphasis on $100,000 or less loans with 46 originations, totaling $2,390,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 15 $2,085,000 $139,000 $0 0.00%
    $50k-75k 14 $1,210,000 $86,429 $0 0.00%
    $75k-100k 9 $1,195,000 $132,778 $0 0.00%
    $50k or less 8 $500,000 $62,500 $0 0.00%
    $250k+ 7 $2,435,000 $347,857 $0 0.00%
    $150k-250k 6 $1,000,000 $166,667 $0 0.00%

    Terre Haute Savings Bank lent most frequently to those with incomes in the $100k-150k range, with 15 originations. The second most popular income band? $50k-75k, with 14 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 96 $14,230,000 $148,229 $0 0.00%

    Terre Haute Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 96 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 70 $9,690,000 $138,429 $0 0.00%
    Not applicable 22 $4,000,000 $181,818 $0 0.00%
    Not provided 3 $315,000 $105,000 $0 0.00%
    Other Asian 1 $225,000 $225,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.32%

    Terre Haute Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.33%

    Terre Haute Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 96 $14,230,000 $148,229

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    96 $14,230,000 $148,229