Hoosier Heartland State Bank Mortgage Rates, Fees & Info
Crawfordsville, INLEI: 549300NZ54QGM0WNLC84
Tax ID: 35-0472900
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Hoosier Heartland State Bank is a smaller bank specializing in Home Purchase loans. Hoosier Heartland State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Crawfordsville, Indianapolis, Bloomington, Columbus, and Lafayette among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Hoosier Heartland State Bank 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.
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Originations
76Origination Dollar Volume (All Markets)
$15,770,000Top 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 |
|---|---|---|---|---|---|
| Crawfordsville, IN (FHA|USDA|VA) | 59 | $9,385,000 | $159,068 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $3,105,000 | $3,105,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 9 | $1,415,000 | $157,222 | $0 | 0.00% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $0 | 0.00% |
| COLUMBUS, IN (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $0 | 0.00% |
| Frankfort, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Hoosier Heartland State Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 76 | $15,770,000 | $207,500 | $0 | 0.00% |
For 2023, Hoosier Heartland State Bank's most frequently originated type of loan was Conventional, with 76 originations.
Loan Reason
For 2023, Hoosier Heartland State Bank's most frequently cited loan purpose was Home Purchase, with 29 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 | 76 | $15,770,000 | $207,500 | $0 | 0.00% |
For 2023, Hoosier Heartland State Bank's most frequently cited loan duration was Other, with 76 originations.
Loan Sizing
2023 saw Hoosier Heartland State Bank place emphasis on $100,000 or less loans with 30 originations, totaling $1,900,000 in origination value.
Applicant Income
Hoosier Heartland State Bank lent most frequently to those with incomes in the $100k-150k range, with 16 originations. The second most popular income band? $50k-75k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 76 | $15,770,000 | $207,500 | $0 | 0.00% |
Hoosier Heartland State Bank lent most frequently to those with DTI ratios of Exempt%, with 76 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.07%
Hoosier Heartland State Bank has an average approval rate.
Pick Rate
Approvals leading to origination76.32%
Hoosier Heartland State Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 76 | $15,770,000 | $207,500 |