Municipal Trust And Savings Bank Mortgage Rates, Fees & Info
Bourbonnais, ILLEI: 549300HC145ABINEFL26
Tax ID: 36-3144306
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Municipal Trust And Savings Bank is a smaller bank specializing in Home Purchase loans. Municipal Trust And Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Kankakee, Chicago, Miami, Cape Coral, and Indianapolis among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Municipal Trust And 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.
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Originations
235Origination Dollar Volume (All Markets)
$39,385,000Top 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 |
|---|---|---|---|---|---|
| KANKAKEE, IL (FHA|USDA|VA) | 206 | $32,450,000 | $157,524 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 14 | $4,000,000 | $285,714 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $755,000 | $107,857 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| New Castle, IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 235 | $39,385,000 | $167,596 | $0 | 0.00% |
For 2022, Municipal Trust And Savings Bank's most frequently originated type of loan was Conventional, with 235 originations.
Loan Reason
For 2022, Municipal Trust And Savings Bank's most frequently cited loan purpose was Home Purchase, with 162 originations. The 2nd most popular reason was Refi, with 38 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 235 | $39,385,000 | $167,596 | $0 | 0.00% |
For 2022, Municipal Trust And Savings Bank's most frequently cited loan duration was Other, with 235 originations.
Loan Sizing
2022 saw Municipal Trust And Savings Bank place emphasis on $100k-200k loans with 104 originations, totaling $14,500,000 in origination value.
Applicant Income
Municipal Trust And Savings Bank lent most frequently to those with incomes in the $50k or less range, with 66 originations. The second most popular income band? $100k-150k, with 43 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 235 | $39,385,000 | $167,596 | $0 | 0.00% |
Municipal Trust And Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 235 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.95%
Municipal Trust And Savings Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination80.43%
Municipal Trust And Savings Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 235 | $39,385,000 | $167,596 |