Collinsville Building And Loan Association Mortgage Rates, Fees & Info

Collinsville, IL

LEI: 549300QV6YJK6ZDZPV54

Tax ID: 37-0223930

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Mortgage Data

Review & Overview

Collinsville Building And Loan Association is a smaller mortgage company specializing in Home Purchase and Refi loans. Collinsville Building And Loan Association has a high proportion of conventional loans. Their top (well, only) market is St. Louis.

Collinsville Building And Loan Association 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

74

Origination Dollar Volume (All Markets)

$12,880,000

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
ST. LOUIS, MO-IL (FHA|USDA|VA) 74 $12,880,000 $174,054 $0 0.00%
Collinsville Building And Loan Association's top markets include and St. Louis among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 74 $12,880,000 $174,054 $0 0.00%

    For 2022, Collinsville Building And Loan Association's most frequently originated type of loan was Conventional, with 74 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 31 $6,755,000 $217,903 $0 0.00%
    Refi 31 $5,175,000 $166,935 $0 0.00%
    Home Improvement 7 $395,000 $56,429 $0 0.00%
    Other 5 $555,000 $111,000 $0 0.00%

    For 2022, Collinsville Building And Loan Association's most frequently cited loan purpose was Home Purchase, with 31 originations. The 2nd most popular reason was Refi, with 31 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 74 $12,880,000 $174,054 $0 0.00%

    For 2022, Collinsville Building And Loan Association's most frequently cited loan duration was Other, with 74 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 26 $1,610,000 $61,923 $0 0.00%
    $200k-400k 23 $6,185,000 $268,913 $0 0.00%
    $100k-200k 21 $2,945,000 $140,238 $0 0.00%
    $400k-600k 3 $1,395,000 $465,000 $0 0.00%
    $600k-1MM 1 $745,000 $745,000 $0 0.00%

    2022 saw Collinsville Building And Loan Association place emphasis on $100,000 or less loans with 26 originations, totaling $1,610,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 22 $3,850,000 $175,000 $0 0.00%
    $150k-250k 16 $4,480,000 $280,000 $0 0.00%
    $50k-75k 14 $1,510,000 $107,857 $0 0.00%
    $50k or less 9 $825,000 $91,667 $0 0.00%
    $75k-100k 9 $1,235,000 $137,222 $0 0.00%
    $250k+ 3 $885,000 $295,000 $0 0.00%

    Collinsville Building And Loan Association lent most frequently to those with incomes in the $100k-150k range, with 22 originations. The second most popular income band? $150k-250k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 74 $12,880,000 $174,054 $0 0.00%

    Collinsville Building And Loan Association lent most frequently to those with DTI ratios of Exempt%, with 74 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 67 $11,485,000 $171,418 $0 0.00%
    Not provided 5 $985,000 $197,000 $0 0.00%
    Asian Indian 1 $405,000 $405,000 $0 0.00%
    Asian 1 $5,000 $5,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.38%

    Collinsville Building And Loan Association has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.89%

    Collinsville Building And Loan Association has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 74 $12,880,000 $174,054

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    74 $12,880,000 $174,054