Fcb Banks Mortgage Rates, Fees & Info
Collinsville, ILLEI: 549300L8JRY60EOROT34
Tax ID: 37-0458520
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Fcb Banks is a smaller bank specializing in Home Purchase loans. Fcb Banks has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: St. Louis, Kansas City, Crestview, Carbondale, and Chicago among others. We have data for 34 markets. (Some data included below & more in-depth data is available with an active subscription.)Fcb Banks 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. Fcb Banks is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 11/17/24 |
| 30 Year Conventional Purchase | 6.43% | 11/17/24 |
| 30 Year Conventional Refi | 6.43% | 11/17/24 |
| 30 Year Cash-out Refi | 6.53% | 11/17/24 |
| 30 Year FHA Purchase | 7.07% | 11/17/24 |
| 30 Year FHA Refi | 6.97% | 11/17/24 |
| 30 Year VA Purchase | 6.03% | 11/17/24 |
| 30 Year VA Refi | 5.89% | 11/17/24 |
| 30 Year USDA Purchase | 6.29% | 11/17/24 |
| 15 Year Conventional Purchase | 5.74% | 11/17/24 |
| 15 Year Conventional Refi | 5.84% | 11/17/24 |
| 15 Year Cash-out Refi | 5.84% | 11/17/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Fcb Banks Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Fcb Banks. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,585Origination Dollar Volume (All Markets)
$377,565,000Awards
FCB Banks - 2023
FCB Banks is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
Work for FCB Banks?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Fcb Banks's average 30 year fixed mortgage rate was
6.48%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0%.
Relative Fees (Closing Costs)
Fcb Banks's average total fees/closing costs for a 30 year fixed rate
mortgage were $3,268.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1,465 | $326,915,000 | $223,150 | $2,241 | 7.11% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 7 | $26,505,000 | $3,786,429 | $2,109 | 6.91% |
| Outside of Metro Areas | 53 | $9,295,000 | $175,377 | $2,529 | 6.75% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 4 | $1,650,000 | $412,500 | $4,546 | 6.41% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 3 | $1,355,000 | $451,667 | $7,260 | 7.04% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 5 | $995,000 | $199,000 | $1,946 | 7.04% |
| Centralia, IL (FHA|USDA|VA) | 8 | $970,000 | $121,250 | $2,749 | 7.24% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $2,313 | 7.30% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $5,807 | 7.13% |
| Mount Vernon, IL (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $1,699 | 7.07% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $3,351 | 6.63% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $3,054 | 7.36% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $0 | 6.68% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $21,652 | 6.13% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 6.75% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,449 | 6.49% |
| Taylorville, IL (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $2,497 | 6.21% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 7.00% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $15,307 | 6.50% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,394 | 6.13% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,727 | 6.95% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $1,695 | 7.10% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $1,179 | 6.05% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,481 | 7.25% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,731 | 6.20% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $3,571 | 6.81% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $11,259 | 6.25% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 6.15% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,041 | 7.45% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,910 | 6.63% |
| Kirksville, MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 7.35% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,283 | 5.63% |
| Jasper, AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,207 | 5.99% |
| Branson, MO (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $1,357 | 6.05% |
Similar Lenders
We use machine learning to identify the top lenders compared against FCB Banks based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 96
Similarity Rank: 286
Similarity Rank: 323
Similarity Rank: 336
Similarity Rank: 340
Similarity Rank: 360
Similarity Rank: 371
Similarity Rank: 459
Similarity Rank: 520
Similarity Rank: 573
Product Mix
For 2023, Fcb Banks's most frequently originated type of loan was Conventional, with 1,289 originations. Their 2nd most popular type was HELOC, with 227 originations.
Loan Reason
For 2023, Fcb Banks's most frequently cited loan purpose was Home Purchase, with 968 originations. The 2nd most popular reason was Home Improvement, with 252 originations.
Loan Duration/Length
For 2023, Fcb Banks's most frequently cited loan duration was Other, with 901 originations. The 2nd most popular length was 30 Year, with 286 originations.
Origination Fees/Closing Costs
Fcb Banks's average total fees were $3,268, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 830 originations.
Interest Rates
During 2023, Fcb Banks's average interest rate for loans was 6.48%, while their most frequently originated rate bucket for loans was 6-7%, with 672 originations.
Loan Sizing
2023 saw Fcb Banks place emphasis on $100,000 or less loans with 571 originations, totaling $31,295,000 in origination value.
Applicant Income
Fcb Banks lent most frequently to those with incomes in the $100k-150k range, with 325 originations. The second most popular income band? $150k-250k, with 304 originations.
Applicant Debt to Income Ratio
Fcb Banks lent most frequently to those with DTI ratios of 20-30%, with 322 originations. The next most common DTI ratio? 30-36%, with 266 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.13%
Fcb Banks has an average approval rate.
Pick Rate
Approvals leading to origination82.46%
Fcb Banks has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,585 | $377,565,000 | $238,211 |