Alliant Bank Mortgage Rates, Fees & Info
Madison, MOLEI: 549300M4MFIHXLR7AI37
Tax ID: 43-0389170
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Mortgage Data
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, Jefferson City, Kansas City, and Moberly among others. We have data for 13 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.
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Originations
151Origination Dollar Volume (All Markets)
$41,095,000Top 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 |
|---|---|---|---|---|---|
| Kirksville, MO (FHA|USDA|VA) | 63 | $10,105,000 | $160,397 | $0 | 0.00% |
| COLUMBIA, MO (FHA|USDA|VA) | 36 | $8,430,000 | $234,167 | $0 | 0.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 4 | $4,650,000 | $1,162,500 | $0 | 0.00% |
| Outside of Metro Areas | 19 | $4,565,000 | $240,263 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $4,095,000 | $1,365,000 | $0 | 0.00% |
| Moberly, MO (FHA|USDA|VA) | 13 | $3,695,000 | $284,231 | $0 | 0.00% |
| Mexico, MO (FHA|USDA|VA) | 1 | $2,005,000 | $2,005,000 | $0 | 0.00% |
| Warrensburg, MO (FHA|USDA|VA) | 3 | $1,285,000 | $428,333 | $0 | 0.00% |
| Hannibal, MO (FHA|USDA|VA) | 5 | $975,000 | $195,000 | $0 | 0.00% |
| Sedalia, MO (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 147 | $40,415,000 | $274,932 | $0 | 0.00% |
| USDA | 4 | $680,000 | $170,000 | $0 | 0.00% |
For 2024, Alliant Bank's most frequently originated type of loan was Conventional, with 147 originations. Their 2nd most popular type was USDA, with 4 originations.
Loan Reason
For 2024, Alliant Bank's most frequently cited loan purpose was Home Purchase, with 91 originations. The 2nd most popular reason was Refi, with 41 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 151 | $41,095,000 | $272,152 | $0 | 0.00% |
For 2024, Alliant Bank's most frequently cited loan duration was Other, with 151 originations.
Loan Sizing
2024 saw Alliant Bank place emphasis on $100,000 or less loans with 55 originations, totaling $3,325,000 in origination value.
Applicant Income
Alliant Bank lent most frequently to those with incomes in the $100k-150k range, with 27 originations. The second most popular income band? $50k-75k, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 151 | $41,095,000 | $272,152 | $0 | 0.00% |
Alliant Bank lent most frequently to those with DTI ratios of Exempt%, with 151 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.90%
Alliant Bank has an average approval rate.
Pick Rate
Approvals leading to origination76.16%
Alliant Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 151 | $41,095,000 | $272,152 |