Peoples National Bank Of Kewanee Mortgage Rates, Fees & Info
Kewanee, ILLEI: 549300K35KPBBS2J9A28
Tax ID: 36-1614225
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Mortgage Data
Review & Overview
Peoples National Bank Of Kewanee is a smaller bank specializing in Home Purchase and Refi loans. Peoples National Bank Of Kewanee has a high proportion of conventional loans. Their top markets by origination volume include: Davenport, Pontiac, Chicago, Bloomington, and Miami among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Peoples National Bank Of Kewanee has an 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
52Origination Dollar Volume (All Markets)
$5,310,000Top 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 |
|---|---|---|---|---|---|
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 22 | $1,250,000 | $56,818 | $0 | 0.00% |
| Pontiac, IL (FHA|USDA|VA) | 10 | $910,000 | $91,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 5 | $705,000 | $141,000 | $0 | 0.00% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $0 | 0.00% |
| Ottawa, IL (FHA|USDA|VA) | 7 | $375,000 | $53,571 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 3 | $165,000 | $55,000 | $0 | 0.00% |
| Burlington, IA-IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Sterling, IL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 47 | $5,025,000 | $106,915 | $0 | 0.00% |
| USDA | 5 | $285,000 | $57,000 | $0 | 0.00% |
For 2018, Peoples National Bank Of Kewanee's most frequently originated type of loan was Conventional, with 47 originations. Their 2nd most popular type was USDA, with 5 originations.
Loan Reason
For 2018, Peoples National Bank Of Kewanee's most frequently cited loan purpose was Home Purchase, with 29 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 | 52 | $5,310,000 | $102,115 | $0 | 0.00% |
For 2018, Peoples National Bank Of Kewanee's most frequently cited loan duration was Other, with 52 originations.
Loan Sizing
2018 saw Peoples National Bank Of Kewanee place emphasis on $100,000 or less loans with 36 originations, totaling $1,680,000 in origination value.
Applicant Income
Peoples National Bank Of Kewanee lent most frequently to those with incomes in the $50k or less range, with 17 originations. The second most popular income band? $50k-75k, with 13 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 52 | $5,310,000 | $102,115 | $0 | 0.00% |
Peoples National Bank Of Kewanee lent most frequently to those with DTI ratios of Exempt%, with 52 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 49 | $5,225,000 | $106,633 | $0 | 0.00% |
| Not applicable | 3 | $85,000 | $28,333 | $0 | 0.00% |
Approval Rates
Total approvals of all applications77.50%
Peoples National Bank Of Kewanee has a below average approval rate.
Pick Rate
Approvals leading to origination80.77%
Peoples National Bank Of Kewanee has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 52 | $5,310,000 | $102,115 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 52 | $5,310,000 | $102,115 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Conventional home mortgage | Closing on a mortgage | 2 | 40.0% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Conventional home mortgage | Trouble during payment process | 2 | 40.0% |
| PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION | Other type of mortgage | Closing on a mortgage | 1 | 20.0% |