1786 Mortgage Rates, Fees & Info
OGDEN, ILLEI: 549300POCKENHFN8BN88
Tax ID: 37-0391060
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
1786 is a smaller mortgage company specializing in Home Purchase and Refi loans. 1786 has a high proportion of conventional loans. Their top markets by origination volume include: Champaign, Danville, Terre Haute, Indianapolis, and Charleston among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)1786 has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
352Origination Dollar Volume (All Markets)
$67,040,000Top 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 |
|---|---|---|---|---|---|
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 64 | $29,890,000 | $467,031 | $0 | 0.00% |
| Outside of Metro Areas | 141 | $15,835,000 | $112,305 | $0 | 0.00% |
| DANVILLE, IL (FHA|USDA|VA) | 108 | $11,340,000 | $105,000 | $0 | 0.00% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 21 | $5,715,000 | $272,143 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $1,230,000 | $615,000 | $0 | 0.00% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 6 | $620,000 | $103,333 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $0 | 0.00% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $0 | 0.00% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 0.00% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against 1786 based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 170
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 352 | $67,040,000 | $190,455 | $0 | 0.00% |
For 2024, 1786's most frequently originated type of loan was Conventional, with 352 originations.
Loan Reason
For 2024, 1786's most frequently cited loan purpose was Home Purchase, with 171 originations. The 2nd most popular reason was Refi, with 135 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 352 | $67,040,000 | $190,455 | $0 | 0.00% |
For 2024, 1786's most frequently cited loan duration was Other, with 352 originations.
Loan Sizing
2024 saw 1786 place emphasis on $100,000 or less loans with 166 originations, totaling $8,920,000 in origination value.
Applicant Income
1786 lent most frequently to those with incomes in the $100k-150k range, with 80 originations. The second most popular income band? $50k-75k, with 69 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 352 | $67,040,000 | $190,455 | $0 | 0.00% |
1786 lent most frequently to those with DTI ratios of Exempt%, with 352 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.88%
1786 has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination94.03%
1786 has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 352 | $67,040,000 | $190,455 |