Alliant Bank Mortgage Rates, Fees & Info

Madison, MO

LEI: 549300M4MFIHXLR7AI37

Tax ID: 43-0389170

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Alliant Bank is a smaller bank specializing in Home Purchase and Refi loans. Alliant Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Kirksville, Columbia, Kansas City, Hannibal, and Sedalia among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Alliant Bank 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.

    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.

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    Originations

    138

    Origination Dollar Volume (All Markets)

    $18,670,000

    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
    Kirksville, MO (FHA|USDA|VA) 62 $7,750,000 $125,000 $0 0.00%
    COLUMBIA, MO (FHA|USDA|VA) 39 $6,215,000 $159,359 $0 0.00%
    Outside of Metro Areas 20 $2,050,000 $102,500 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $1,050,000 $262,500 $0 0.00%
    Hannibal, MO (FHA|USDA|VA) 8 $850,000 $106,250 $0 0.00%
    Sedalia, MO (FHA|USDA|VA) 3 $565,000 $188,333 $0 0.00%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 2 $190,000 $95,000 $0 0.00%
    Alliant Bank's top markets include Kirksville, Columbia, Kansas City, Hannibal, and Sedalia among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • Kansas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 131 $17,815,000 $135,992 $0 0.00%
    USDA 7 $855,000 $122,143 $0 0.00%

    For 2023, Alliant Bank's most frequently originated type of loan was Conventional, with 131 originations. Their 2nd most popular type was USDA, with 7 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 87 $13,445,000 $154,540 $0 0.00%
    Refi 33 $3,905,000 $118,333 $0 0.00%
    Cash Out Refi 9 $835,000 $92,778 $0 0.00%
    Home Improvement 6 $330,000 $55,000 $0 0.00%
    Other 3 $155,000 $51,667 $0 0.00%

    For 2023, Alliant Bank's most frequently cited loan purpose was Home Purchase, with 87 originations. The 2nd most popular reason was Refi, with 33 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 138 $18,670,000 $135,290 $0 0.00%

    For 2023, Alliant Bank's most frequently cited loan duration was Other, with 138 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 72 $4,170,000 $57,917 $0 0.00%
    $100k-200k 36 $5,020,000 $139,444 $0 0.00%
    $200k-400k 25 $6,545,000 $261,800 $0 0.00%
    $400k-600k 3 $1,565,000 $521,667 $0 0.00%
    $600k-1MM 2 $1,370,000 $685,000 $0 0.00%

    2023 saw Alliant Bank place emphasis on $100,000 or less loans with 72 originations, totaling $4,170,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 26 $2,270,000 $87,308 $0 0.00%
    $50k-75k 25 $2,615,000 $104,600 $0 0.00%
    $75k-100k 23 $2,715,000 $118,043 $0 0.00%
    $100k-150k 14 $2,610,000 $186,429 $0 0.00%
    $150k-250k 14 $4,750,000 $339,286 $0 0.00%
    $250k+ 3 $885,000 $295,000 $0 0.00%

    Alliant Bank lent most frequently to those with incomes in the $50k or less range, with 26 originations. The second most popular income band? $50k-75k, with 25 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 138 $18,670,000 $135,290 $0 0.00%

    Alliant Bank lent most frequently to those with DTI ratios of Exempt%, with 138 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 102 $15,320,000 $150,196 $0 0.00%
    Not applicable 31 $2,625,000 $84,677 $0 0.00%
    Asian 2 $400,000 $200,000 $0 0.00%
    Not provided 2 $260,000 $130,000 $0 0.00%
    Black 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    85.05%

    Alliant Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.43%

    Alliant Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 138 $18,670,000 $135,290

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    138 $18,670,000 $135,290