Wintrust Bank N.a. Mortgage Rates, Fees & Info
Chicago, ILLEI: 549300RAQJBTN6Z28096
Tax ID: 36-3970472
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Mortgage Data
Review & Overview
Wintrust Bank N.a. is a smaller bank specializing in Home Purchase and Refi loans. Wintrust Bank N.a. has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Detroit, Phoenix, Los Angeles, and Bozeman among others. We have data for 33 markets. (Some data included below & more in-depth data is available with an active subscription.)Wintrust Bank N.a. 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.
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Originations
211Origination Dollar Volume (All Markets)
$276,275,000Top 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 |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 150 | $195,460,000 | $1,303,067 | $0 | 0.00% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $15,175,000 | $15,175,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 8 | $10,060,000 | $1,257,500 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 8 | $9,050,000 | $1,131,250 | $0 | 0.00% |
| Bozeman, MT (FHA|USDA|VA) | 3 | $8,125,000 | $2,708,333 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $5,020,000 | $2,510,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $4,105,000 | $4,105,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $2,510,000 | $627,500 | $0 | 0.00% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $2,455,000 | $2,455,000 | $0 | 0.00% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $2,405,000 | $2,405,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $2,360,000 | $1,180,000 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 6 | $2,360,000 | $393,333 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 3 | $2,115,000 | $705,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $1,565,000 | $1,565,000 | $0 | 0.00% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $1,255,000 | $1,255,000 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 2 | $1,120,000 | $560,000 | $0 | 0.00% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $1,085,000 | $1,085,000 | $0 | 0.00% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $915,000 | $915,000 | $0 | 0.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $0 | 0.00% |
| NILES, MI (FHA|USDA|VA) | 1 | $845,000 | $845,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $0 | 0.00% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $795,000 | $795,000 | $0 | 0.00% |
| Oneonta, NY (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $0 | 0.00% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $695,000 | $695,000 | $0 | 0.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $585,000 | $585,000 | $0 | 0.00% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| Dixon, IL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Danville, VA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 211 | $276,275,000 | $1,309,360 | $0 | 0.00% |
For 2023, Wintrust Bank N.a.'s most frequently originated type of loan was Conventional, with 211 originations.
Loan Reason
For 2023, Wintrust Bank N.a.'s most frequently cited loan purpose was Home Purchase, with 128 originations. The 2nd most popular reason was Refi, with 65 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 211 | $276,275,000 | $1,309,360 | $0 | 0.00% |
For 2023, Wintrust Bank N.a.'s most frequently cited loan duration was Other, with 211 originations.
Loan Sizing
2023 saw Wintrust Bank N.a. place emphasis on $1MM+ loans with 84 originations, totaling $205,780,000 in origination value.
Applicant Income
Wintrust Bank N.a. lent most frequently to those with incomes in the $250k+ range, with 107 originations. The second most popular income band? $150k-250k, with 24 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 211 | $276,275,000 | $1,309,360 | $0 | 0.00% |
Wintrust Bank N.a. lent most frequently to those with DTI ratios of Exempt%, with 211 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.44%
Wintrust Bank N.a. has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination71.56%
Wintrust Bank N.a. has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 211 | $276,275,000 | $1,309,360 |