Village Bank & Trust Mortgage Rates, Fees & InfoRosemont, IL
Tax ID: 36-4011679
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewVillage Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Village Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, San Antonio, Los Angeles, Niles, and Punta Gorda among others. We have data for 26 markets. (Some data included below & more in-depth data is available with an active subscription.)
Village Bank & Trust 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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Origination Dollar Volume (All Markets)$89,610,000
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|
|Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA)||75||$44,115,000||$588,200||$0||0.00%|
|SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA)||3||$25,335,000||$8,445,000||$0||0.00%|
|Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)||3||$2,425,000||$808,333||$0||0.00%|
|NILES, MI (FHA|USDA|VA)||3||$2,145,000||$715,000||$0||0.00%|
|PUNTA GORDA, FL (FHA|USDA|VA)||1||$1,505,000||$1,505,000||$0||0.00%|
|Outside of Metro Areas||3||$1,345,000||$448,333||$0||0.00%|
|RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)||2||$1,300,000||$650,000||$0||0.00%|
|PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA)||3||$1,145,000||$381,667||$0||0.00%|
|Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA)||1||$1,005,000||$1,005,000||$0||0.00%|
|ST. LOUIS, MO-IL (FHA|USDA|VA)||1||$1,005,000||$1,005,000||$0||0.00%|
|Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA)||1||$1,005,000||$1,005,000||$0||0.00%|
|ANN ARBOR, MI (FHA|USDA|VA)||2||$860,000||$430,000||$0||0.00%|
|MORRISTOWN, TN (FHA|USDA|VA)||1||$795,000||$795,000||$0||0.00%|
|Kalispell, MT (FHA|USDA|VA)||2||$660,000||$330,000||$0||0.00%|
|TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA)||1||$625,000||$625,000||$0||0.00%|
|LUBBOCK, TX (FHA|USDA|VA)||1||$585,000||$585,000||$0||0.00%|
|LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA)||1||$585,000||$585,000||$0||0.00%|
|MADISON, WI (FHA|USDA|VA)||2||$580,000||$290,000||$0||0.00%|
|DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA)||1||$515,000||$515,000||$0||0.00%|
|MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA)||1||$445,000||$445,000||$0||0.00%|
|THE VILLAGES, FL (FHA|USDA|VA)||1||$375,000||$375,000||$0||0.00%|
|CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA)||1||$305,000||$305,000||$0||0.00%|
|APPLETON, WI (FHA|USDA|VA)||1||$275,000||$275,000||$0||0.00%|
|FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA)||1||$265,000||$265,000||$0||0.00%|
|SPRINGFIELD, MA (FHA|USDA|VA)||1||$205,000||$205,000||$0||0.00%|
|GETTYSBURG, PA (FHA|USDA|VA)||1||$205,000||$205,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Village Bank & Trust's most frequently originated type of loan was Conventional, with 114 originations.
For 2022, Village Bank & Trust's most frequently cited loan purpose was Home Purchase, with 66 originations. The 2nd most popular reason was Refi, with 41 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Village Bank & Trust's most frequently cited loan duration was Other, with 114 originations.
2022 saw Village Bank & Trust place emphasis on $200k-400k loans with 33 originations, totaling $9,545,000 in origination value.
Village Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 26 originations. The second most popular income band? $150k-250k, with 23 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Village Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 114 originations.
Approval RatesTotal approvals of all applications
Village Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Village Bank & Trust has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|