Fcb Banks Mortgage Rates, Fees & Info

Collinsville, IL

LEI: 549300L8JRY60EOROT34

Tax ID: 37-0458520

5 stars - Updated: 4/16/25 - out of 5 stars, based on 39 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • 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, Miami, Crestview, Omaha, and North Port among others. We have data for 30 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 about average 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) 6.72% 4/16/25
    30 Year Conventional Purchase 6.62% 4/16/25
    30 Year Conventional Refi 6.55% 4/16/25
    30 Year Cash-out Refi 6.47% 4/16/25
    30 Year FHA Purchase 6.99% 4/16/25
    30 Year FHA Refi 6.73% 4/16/25
    30 Year VA Purchase 6.20% 4/16/25
    30 Year VA Refi 5.95% 4/16/25
    30 Year USDA Purchase 6.48% 4/16/25
    15 Year Conventional Purchase 6.06% 4/16/25
    15 Year Conventional Refi 6.09% 4/16/25
    15 Year Cash-out Refi 6.09% 4/16/25
    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

    1,554

    Origination Dollar Volume (All Markets)

    $379,560,000
    Show all (13) awards

    Relative Rate

    Fcb Banks's average 30 year fixed mortgage rate was 6.35%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of -0.2%.

    Relative Fees (Closing Costs)

    Fcb Banks's average total fees/closing costs for a 30 year fixed rate mortgage were $3,093.

    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 $8,356.

    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) 1,466 $351,880,000 $240,027 $2,478 7.65%
    Outside of Metro Areas 45 $7,915,000 $175,889 $2,755 7.12%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $7,365,000 $7,365,000 $64,530 7.35%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $1,590,000 $795,000 $0 7.93%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $1,030,000 $515,000 $3,871 7.55%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $1,000,000 $500,000 $5,133 7.53%
    GREAT FALLS, MT (FHA|USDA|VA) 1 $955,000 $955,000 $4,812 6.25%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $940,000 $470,000 $3,049 7.93%
    PANAMA CITY, FL (FHA|USDA|VA) 2 $790,000 $395,000 $4,152 7.75%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $745,000 $745,000 $5,866 7.80%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $745,000 $745,000 $3,329 7.35%
    Hutchinson, KS (FHA|USDA|VA) 1 $465,000 $465,000 $4,000 7.80%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 4 $460,000 $115,000 $1,818 8.00%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $430,000 $215,000 $2,645 7.80%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $405,000 $405,000 $6,480 7.60%
    SPRINGFIELD, IL (FHA|USDA|VA) 2 $370,000 $185,000 $2,361 6.13%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 2 $360,000 $180,000 $4,889 7.33%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $310,000 $155,000 $1,053 7.40%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $295,000 $295,000 $0 8.35%
    Farmington, MO (FHA|USDA|VA) 1 $265,000 $265,000 $0 7.95%
    Fort Leonard Wood, MO (FHA|USDA|VA) 1 $265,000 $265,000 $7,794 5.63%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $185,000 $185,000 $3,353 6.50%
    Mount Vernon, IL (FHA|USDA|VA) 3 $185,000 $61,667 $681 8.07%
    KNOXVILLE, TN (FHA|USDA|VA) 1 $145,000 $145,000 $2,286 8.15%
    OCALA, FL (FHA|USDA|VA) 1 $105,000 $105,000 $2,840 6.38%
    BOWLING GREEN, KY (FHA|USDA|VA) 1 $105,000 $105,000 $2,324 7.70%
    CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 2 $90,000 $45,000 $0 8.90%
    Centralia, IL (FHA|USDA|VA) 1 $75,000 $75,000 $2,159 6.25%
    Kirksville, MO (FHA|USDA|VA) 1 $65,000 $65,000 $0 7.45%
    PEORIA, IL (FHA|USDA|VA) 1 $25,000 $25,000 $0 9.00%
    Fcb Banks's top markets include St. Louis, Miami, Crestview, Omaha, and North Port among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)

    • 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.

    ELECTRO SAVINGS CREDIT UNION
    Similarity Rank: 198
    United Bank of Union
    Similarity Rank: 200
    Bank of Hillsboro
    Similarity Rank: 225
    First National Bank of Waterloo
    Similarity Rank: 259
    VANTAGE Credit Union
    Similarity Rank: 290
    Gateway Metro Federal Credit Union
    Similarity Rank: 292
    FIRST COMMUNITY
    Similarity Rank: 312
    ALLTRU Federal Credit Union
    Similarity Rank: 424
    ACCESS CAPITAL FUNDING, L.L.C.
    Similarity Rank: 480
    WEST COMMUNITY
    Similarity Rank: 567

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,175 $330,405,000 $281,196 $2,290 7.47%
    HELOC 287 $25,405,000 $88,519 n/a 8.78%
    FHA 45 $8,985,000 $199,667 $5,928 6.19%
    VA 29 $11,615,000 $400,517 $4,888 6.12%
    USDA 18 $3,150,000 $175,000 $4,009 5.78%

    For 2024, Fcb Banks's most frequently originated type of loan was Conventional, with 1,175 originations. Their 2nd most popular type was HELOC, with 287 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 920 $311,980,000 $339,109 $3,065 7.27%
    Home Improvement 244 $19,530,000 $80,041 $1,258 8.51%
    Refi 183 $27,215,000 $148,716 $1,773 7.80%
    Other 151 $10,725,000 $71,026 $1,156 8.27%
    Cash Out Refi 56 $10,110,000 $180,536 $2,881 7.42%

    For 2024, Fcb Banks's most frequently cited loan purpose was Home Purchase, with 920 originations. The 2nd most popular reason was Home Improvement, with 244 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 692 $147,860,000 $213,671 $2,230 7.83%
    30 Year 388 $86,370,000 $222,603 $3,093 6.35%
    15 Year 287 $22,135,000 $77,125 $2,238 8.57%
    5 Year 82 $96,780,000 $1,180,244 $628 8.10%
    3 Year 63 $15,955,000 $253,254 $0 8.30%
    1 Year 31 $8,955,000 $288,871 $0 8.25%
    20 Year 9 $1,435,000 $159,444 $2,224 6.13%
    10 Year 2 $70,000 $35,000 $1,154 7.94%

    For 2024, Fcb Banks's most frequently cited loan duration was Other, with 692 originations. The 2nd most popular length was 30 Year, with 388 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 806 $162,480,000 $201,588
    $1k-2k 47 $11,915,000 $253,511
    $2k-3k 25 $8,595,000 $343,800
    $3k-4k 13 $6,355,000 $488,846
    $5k+ 7 $12,275,000 $1,753,571
    $4k-5k 5 $3,095,000 $619,000

    Fcb Banks's average total fees were $3,093, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 806 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 650 $72,340,000 $111,292
    7-8% 481 $217,365,000 $451,902
    6-7% 294 $66,020,000 $224,558
    5-6% 127 $23,825,000 $187,598

    During 2024, Fcb Banks's average interest rate for loans was 6.35%, while their most frequently originated rate bucket for loans was Over 8%, with 650 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 541 $30,565,000 $56,497 $1,280 8.16%
    $100k-200k 494 $71,330,000 $144,393 $2,377 7.42%
    $200k-400k 361 $98,385,000 $272,535 $2,987 7.18%
    $400k-600k 100 $47,280,000 $472,800 $3,773 7.48%
    $600k-1MM 41 $30,205,000 $736,707 $4,560 7.46%
    $1MM+ 17 $101,795,000 $5,987,941 $26,617 7.71%

    2024 saw Fcb Banks place emphasis on $100,000 or less loans with 541 originations, totaling $30,565,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 326 $57,380,000 $176,012 $2,593 7.63%
    $150k-250k 300 $66,790,000 $222,633 $2,694 7.85%
    $50k-75k 229 $27,895,000 $121,812 $2,377 7.10%
    $75k-100k 223 $34,225,000 $153,475 $2,358 7.42%
    $250k+ 114 $46,490,000 $407,807 $4,043 7.82%
    $50k or less 111 $9,035,000 $81,396 $2,117 7.30%

    Fcb Banks lent most frequently to those with incomes in the $100k-150k range, with 326 originations. The second most popular income band? $150k-250k, with 300 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 300 $43,670,000 $145,567 $2,462 7.53%
    30-36% 254 $47,030,000 $185,157 $2,612 7.64%
    <20% 79 $9,455,000 $119,684 $2,070 7.70%
    40% 70 $13,680,000 $195,429 $2,718 7.53%
    41% 63 $11,305,000 $179,444 $2,174 7.51%
    38% 61 $11,895,000 $195,000 $2,623 7.55%
    39% 59 $13,555,000 $229,746 $2,612 7.50%
    42% 56 $8,350,000 $149,107 $2,059 7.93%
    43% 56 $8,840,000 $157,857 $2,144 7.42%
    44% 55 $9,015,000 $163,909 $2,465 7.71%
    36% 47 $9,795,000 $208,404 $2,627 7.43%
    37% 46 $7,480,000 $162,609 $2,604 7.36%
    50-60% 37 $11,765,000 $317,973 $3,533 7.56%
    47% 26 $7,410,000 $285,000 $3,650 7.20%
    49% 26 $8,740,000 $336,154 $3,213 7.17%
    45% 25 $4,355,000 $174,200 $2,184 7.37%
    46% 24 $4,350,000 $181,250 $2,587 7.31%
    48% 18 $5,810,000 $322,778 $3,535 6.98%
    >60% 10 $4,810,000 $481,000 $3,269 7.67%

    Fcb Banks lent most frequently to those with DTI ratios of 20-30%, with 300 originations. The next most common DTI ratio? 30-36%, with 254 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,241 $230,315,000 $185,588 $2,573 7.54%
    Not applicable 228 $134,140,000 $588,333 $0 8.13%
    Black 63 $9,875,000 $156,746 $2,827 7.47%
    Asian 13 $4,555,000 $350,385 $3,604 7.78%
    Not provided 8 $570,000 $71,250 $1,480 7.80%
    Other Asian 1 $105,000 $105,000 $0 8.15%

    Approval Rates

    Total approvals of all applications
    92.56%

    Fcb Banks has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.24%

    Fcb Banks has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,554 $379,560,000 $244,247

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,554 $379,560,000 $244,247

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 245 $28,525,000 $116,429 $1,514 8.21%
    40-60% 203 $56,205,000 $276,872 $2,937 7.72%
    60-80% 421 $175,565,000 $417,019 $2,791 7.49%
    80-100% 443 $106,015,000 $239,312 $2,960 6.95%
    Over 100% 4 $1,390,000 $347,500 $9,984 6.22%
    Under 20% 238 $11,860,000 $49,832 $984 8.48%