Home Bank Sb Mortgage Rates, Fees & Info
Martinsville, INLEI: 549300MNGYKM8QPYJL44
Tax ID: 35-0388822
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Home Bank Sb is a smaller bank specializing in Home Purchase loans. Home Bank Sb has a high proportion of conventional loans. Their top markets by origination volume include: Indianapolis, Lafayette, Bloomington, Terre Haute, and Atlanta among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Home Bank Sb 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.
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.
Originations
167Origination Dollar Volume (All Markets)
$41,395,000Top 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 |
|---|---|---|---|---|---|
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 141 | $32,335,000 | $229,326 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $3,005,000 | $3,005,000 | $0 | 0.00% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 7 | $2,415,000 | $345,000 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $995,000 | $199,000 | $0 | 0.00% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| COLUMBUS, IN (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 0.00% |
| Peru, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Richmond, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Bedford, IN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Home Bank SB based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 44
Similarity Rank: 416
Similarity Rank: 720
Similarity Rank: 994
Similarity Rank: 1072
Similarity Rank: 1183
Similarity Rank: 1221
Similarity Rank: 1334
Similarity Rank: 1568
Similarity Rank: 1738
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 167 | $41,395,000 | $247,874 | $0 | 0.00% |
For 2024, Home Bank Sb's most frequently originated type of loan was Conventional, with 167 originations.
Loan Reason
For 2024, Home Bank Sb's most frequently cited loan purpose was Home Purchase, with 110 originations. The 2nd most popular reason was Other, with 19 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 167 | $41,395,000 | $247,874 | $0 | 0.00% |
For 2024, Home Bank Sb's most frequently cited loan duration was Other, with 167 originations.
Loan Sizing
2024 saw Home Bank Sb place emphasis on $200k-400k loans with 59 originations, totaling $16,275,000 in origination value.
Applicant Income
Home Bank Sb lent most frequently to those with incomes in the $100k-150k range, with 41 originations. The second most popular income band? $75k-100k, with 31 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 167 | $41,395,000 | $247,874 | $0 | 0.00% |
Home Bank Sb lent most frequently to those with DTI ratios of Exempt%, with 167 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.69%
Home Bank Sb has an average approval rate.
Pick Rate
Approvals leading to origination70.06%
Home Bank Sb has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 167 | $41,395,000 | $247,874 |