1786 Mortgage Rates, Fees & Info
OGDEN, ILLEI: 549300POCKENHFN8BN88
Tax ID: 37-0391060
Latest/2023 | 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, Refi, and Cash Out Refi loans. 1786 has a high proportion of conventional loans. Their top markets by origination volume include: Champaign, Danville, Charleston, Rochelle, and Jacksonville among others. We have data for 7 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.
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Originations
89Origination Dollar Volume (All Markets)
$10,055,000Top 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) | 41 | $6,965,000 | $169,878 | $0 | 0.00% |
| DANVILLE, IL (FHA|USDA|VA) | 15 | $1,325,000 | $88,333 | $0 | 0.00% |
| Outside of Metro Areas | 26 | $1,280,000 | $49,231 | $0 | 0.00% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 4 | $240,000 | $60,000 | $0 | 0.00% |
| Rochelle, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Jacksonville, IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $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: 120
Similarity Rank: 132
Similarity Rank: 1991
Similarity Rank: 2784
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 89 | $10,055,000 | $112,978 | $0 | 0.00% |
For 2018, 1786's most frequently originated type of loan was Conventional, with 89 originations.
Loan Reason
For 2018, 1786's most frequently cited loan purpose was Home Purchase, with 46 originations. The 2nd most popular reason was Refi, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 89 | $10,055,000 | $112,978 | $0 | 0.00% |
For 2018, 1786's most frequently cited loan duration was Other, with 89 originations.
Loan Sizing
2018 saw 1786 place emphasis on $100,000 or less loans with 62 originations, totaling $2,970,000 in origination value.
Applicant Income
1786 lent most frequently to those with incomes in the $50k-75k range, with 19 originations. The second most popular income band? $50k or less, with 19 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.74%
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 originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 89 | $10,055,000 | $112,978 |