Village Bank & Trust Mortgage Rates, Fees & Info
Rosemont, ILLEI: 549300P7J9S1WSW4VU68
Tax ID: 36-4011679
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Village 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 Francisco, Los Angeles, San Jose, and Atlanta among others. We have data for 22 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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Originations
91Origination Dollar Volume (All Markets)
$87,615,000Top 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 |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 44 | $33,360,000 | $758,182 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 11 | $14,655,000 | $1,332,273 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 10 | $13,060,000 | $1,306,000 | $0 | 0.00% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 3 | $5,705,000 | $1,901,667 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $4,645,000 | $4,645,000 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $3,805,000 | $761,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $2,060,000 | $1,030,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $1,115,000 | $1,115,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $1,085,000 | $1,085,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $995,000 | $995,000 | $0 | 0.00% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $0 | 0.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $0 | 0.00% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $0 | 0.00% |
| RACINE, WI (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $0 | 0.00% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 1 | $795,000 | $795,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 0.00% |
| Helena, MT (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| NILES, MI (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| Mountain Home, AR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 91 | $87,615,000 | $962,802 | $0 | 0.00% |
For 2024, Village Bank & Trust's most frequently originated type of loan was Conventional, with 91 originations.
Loan Reason
For 2024, Village Bank & Trust's most frequently cited loan purpose was Home Purchase, with 56 originations. The 2nd most popular reason was Refi, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 91 | $87,615,000 | $962,802 | $0 | 0.00% |
For 2024, Village Bank & Trust's most frequently cited loan duration was Other, with 91 originations.
Loan Sizing
2024 saw Village Bank & Trust place emphasis on $1MM+ loans with 32 originations, totaling $57,820,000 in origination value.
Applicant Income
Village Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 51 originations. The second most popular income band? $150k-250k, with 13 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 91 | $87,615,000 | $962,802 | $0 | 0.00% |
Village Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 91 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
Village Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination87.91%
Village Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 91 | $87,615,000 | $962,802 |