First Bank Of Berne Mortgage Rates, Fees & Info
Berne, INLEI: 549300H3YPB6EJ1RV917
Tax ID: 35-0309560
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First Bank Of Berne is a smaller bank specializing in Home Purchase loans. First Bank Of Berne has a high proportion of conventional loans. Their top markets by origination volume include: Decatur, Bluffton, Fort Wayne, Van Wert, and Celina among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)First Bank Of Berne has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
380Origination Dollar Volume (All Markets)
$46,380,000Top 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 |
|---|---|---|---|---|---|
| Decatur, IN (FHA|USDA|VA) | 163 | $19,385,000 | $118,926 | $0 | 0.00% |
| Outside of Metro Areas | 75 | $8,825,000 | $117,667 | $0 | 0.00% |
| Bluffton, IN (FHA|USDA|VA) | 52 | $6,930,000 | $133,269 | $0 | 0.00% |
| FORT WAYNE, IN (FHA|USDA|VA) | 14 | $2,670,000 | $190,714 | $0 | 0.00% |
| Van Wert, OH (FHA|USDA|VA) | 20 | $1,530,000 | $76,500 | $0 | 0.00% |
| Celina, OH (FHA|USDA|VA) | 9 | $1,265,000 | $140,556 | $0 | 0.00% |
| Huntington, IN (FHA|USDA|VA) | 6 | $990,000 | $165,000 | $0 | 0.00% |
| Wabash, IN (FHA|USDA|VA) | 8 | $960,000 | $120,000 | $0 | 0.00% |
| New Castle, IN (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $0 | 0.00% |
| Peru, IN (FHA|USDA|VA) | 12 | $680,000 | $56,667 | $0 | 0.00% |
| MUNCIE, IN (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $0 | 0.00% |
| LIMA, OH (FHA|USDA|VA) | 5 | $425,000 | $85,000 | $0 | 0.00% |
| Madison, IN (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 0.00% |
| Kendallville, IN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| KOKOMO, IN (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 0.00% |
| Marion, IN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Frankfort, IN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Auburn, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| Warsaw, IN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against First Bank of Berne based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 380 | $46,380,000 | $122,053 | $0 | 0.00% |
For 2024, First Bank Of Berne's most frequently originated type of loan was Conventional, with 380 originations.
Loan Reason
For 2024, First Bank Of Berne's most frequently cited loan purpose was Home Purchase, with 137 originations. The 2nd most popular reason was Home Improvement, with 105 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 380 | $46,380,000 | $122,053 | $0 | 0.00% |
For 2024, First Bank Of Berne's most frequently cited loan duration was Other, with 380 originations.
Loan Sizing
2024 saw First Bank Of Berne place emphasis on $100,000 or less loans with 217 originations, totaling $11,225,000 in origination value.
Applicant Income
First Bank Of Berne lent most frequently to those with incomes in the $50k-75k range, with 104 originations. The second most popular income band? $50k or less, with 88 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 380 | $46,380,000 | $122,053 | $0 | 0.00% |
First Bank Of Berne lent most frequently to those with DTI ratios of Exempt%, with 380 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.55%
First Bank Of Berne has an average approval rate.
Pick Rate
Approvals leading to origination91.05%
First Bank Of Berne has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 380 | $46,380,000 | $122,053 |