Englewood Bank & Trust Mortgage Rates, Fees & Info
Englewood, FLLEI: 549300PVF6X52PEPRD05
Tax ID: 61-1433431
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Mortgage Data
Review & Overview
Englewood Bank & Trust is a smaller bank specializing in Home Purchase loans. Englewood Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Punta Gorda, North Port, Cape Coral, and Tampa among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Englewood Bank & Trust has an 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
65Origination Dollar Volume (All Markets)
$19,435,000Top 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 |
---|---|---|---|---|---|
PUNTA GORDA, FL (FHA|USDA|VA) | 40 | $8,090,000 | $202,250 | $0 | 0.00% |
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 18 | $5,060,000 | $281,111 | $0 | 0.00% |
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $4,655,000 | $1,551,667 | $0 | 0.00% |
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 4 | $1,630,000 | $407,500 | $0 | 0.00% |
Product Mix
Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
---|---|---|---|---|---|
Conventional | 65 | $19,435,000 | $299,000 | $0 | 0.00% |
For 2019, Englewood Bank & Trust's most frequently originated type of loan was Conventional, with 65 originations.
Loan Reason
For 2019, Englewood Bank & Trust's most frequently cited loan purpose was Home Purchase, with 50 originations. The 2nd most popular reason was Home Improvement, with 6 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Other | 65 | $19,435,000 | $299,000 | $0 | 0.00% |
For 2019, Englewood Bank & Trust's most frequently cited loan duration was Other, with 65 originations.
Loan Sizing
2019 saw Englewood Bank & Trust place emphasis on $100k-200k loans with 20 originations, totaling $3,200,000 in origination value.
Applicant Income
Englewood Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 21 originations. The second most popular income band? $50k-75k, with 12 originations.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Exempt% | 65 | $19,435,000 | $299,000 | $0 | 0.00% |
Englewood Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 65 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.44%
Englewood Bank & Trust has a below average approval rate.
Pick Rate
Approvals leading to origination83.08%
Englewood Bank & Trust has a below average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
Exempt | 65 | $19,435,000 | $299,000 |