Englewood Bank & Trust Mortgage Rates, Fees & Info

Englewood, FL

LEI: 549300PVF6X52PEPRD05

Tax ID: 61-1433431

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Englewood Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Englewood Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Punta Gorda, North Port, Tampa, Cincinnati, and Orlando among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Englewood 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.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    44

    Origination Dollar Volume (All Markets)

    $16,540,000

    Top 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
    PUNTA GORDA, FL (FHA|USDA|VA) 30 $8,770,000 $292,333 $0 0.00%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 8 $4,030,000 $503,750 $0 0.00%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $2,080,000 $520,000 $0 0.00%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $1,255,000 $1,255,000 $0 0.00%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $405,000 $405,000 $0 0.00%
    Englewood Bank & Trust's top markets include Punta Gorda, North Port, Tampa, Cincinnati, and Orlando among others.

    Their top states include:
  • Florida (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 44 $16,540,000 $375,909 $0 0.00%

    For 2018, Englewood Bank & Trust's most frequently originated type of loan was Conventional, with 44 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 37 $12,885,000 $348,243 $0 0.00%
    Refi 6 $3,510,000 $585,000 $0 0.00%
    Other 1 $145,000 $145,000 $0 0.00%

    For 2018, Englewood Bank & Trust's most frequently cited loan purpose was Home Purchase, with 37 originations. The 2nd most popular reason was Refi, with 6 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 44 $16,540,000 $375,909 $0 0.00%

    For 2018, Englewood Bank & Trust's most frequently cited loan duration was Other, with 44 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 16 $4,290,000 $268,125 $0 0.00%
    $100k-200k 12 $1,720,000 $143,333 $0 0.00%
    $400k-600k 8 $3,550,000 $443,750 $0 0.00%
    $1MM+ 4 $5,270,000 $1,317,500 $0 0.00%
    $100,000 or less 2 $170,000 $85,000 $0 0.00%
    $600k-1MM 2 $1,540,000 $770,000 $0 0.00%

    2018 saw Englewood Bank & Trust place emphasis on $200k-400k loans with 16 originations, totaling $4,290,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 7 $2,225,000 $317,857 $0 0.00%
    $50k-75k 7 $1,485,000 $212,143 $0 0.00%
    $150k-250k 6 $1,410,000 $235,000 $0 0.00%
    $250k+ 6 $3,560,000 $593,333 $0 0.00%
    $75k-100k 5 $1,025,000 $205,000 $0 0.00%
    $50k or less 1 $155,000 $155,000 $0 0.00%

    Englewood Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 7 originations. The second most popular income band? $50k-75k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 44 $16,540,000 $375,909 $0 0.00%

    Englewood Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 44 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 27 $8,695,000 $322,037 $0 0.00%
    Not applicable 12 $6,680,000 $556,667 $0 0.00%
    Not provided 5 $1,165,000 $233,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    96.08%

    Englewood 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 origination
    88.64%

    Englewood Bank & Trust has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 44 $16,540,000 $375,909

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 5 $3,335,000 $667,000
    Single Family (1-4 Units):Site-Built 39 $13,205,000 $338,590

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    Over 100% 44 $16,540,000 $375,909 $0 0.00%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    EMCC Holdings, LLC Other type of mortgage Trouble during payment process 1 100.0%