Wintrust Bank N.a. Mortgage Rates, Fees & Info

Chicago, IL

LEI: 549300RAQJBTN6Z28096

Tax ID: 36-3970472

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
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Wintrust Bank N.a. is a smaller bank specializing in Refi and Home Purchase loans. Wintrust Bank N.a. has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Detroit, Hilo, Battle Creek, and St. Louis among others. We have data for 24 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.

    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

    256

    Origination Dollar Volume (All Markets)

    $321,060,000

    Employee count

    562

    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
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 227 $255,175,000 $1,124,119 $0 0.00%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $11,435,000 $11,435,000 $0 0.00%
    Hilo, HI (FHA|USDA|VA) 1 $8,995,000 $8,995,000 $0 0.00%
    BATTLE CREEK, MI (FHA|USDA|VA) 1 $8,005,000 $8,005,000 $0 0.00%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $7,505,000 $7,505,000 $0 0.00%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 2 $7,410,000 $3,705,000 $0 0.00%
    Outside of Metro Areas 4 $4,670,000 $1,167,500 $0 0.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $4,005,000 $4,005,000 $0 0.00%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $2,205,000 $2,205,000 $0 0.00%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $1,740,000 $870,000 $0 0.00%
    NILES, MI (FHA|USDA|VA) 2 $1,700,000 $850,000 $0 0.00%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $1,165,000 $1,165,000 $0 0.00%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $1,045,000 $1,045,000 $0 0.00%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 0.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $965,000 $965,000 $0 0.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $785,000 $785,000 $0 0.00%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $735,000 $735,000 $0 0.00%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $605,000 $605,000 $0 0.00%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $505,000 $505,000 $0 0.00%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
    TUCSON, AZ (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $275,000 $275,000 $0 0.00%
    RACINE, WI (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
    Wintrust Bank N.a.'s top markets include Chicago, Detroit, Hilo, Battle Creek, and St. Louis among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Michigan (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Hawaii (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 256 $321,060,000 $1,254,141 $0 0.00%

    For 2021, Wintrust Bank N.a.'s most frequently originated type of loan was Conventional, with 256 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 126 $173,910,000 $1,380,238 $0 0.00%
    Home Purchase 100 $126,430,000 $1,264,300 $0 0.00%
    Cash Out Refi 15 $11,655,000 $777,000 $0 0.00%
    Other 10 $5,720,000 $572,000 $0 0.00%
    Home Improvement 5 $3,345,000 $669,000 $0 0.00%

    For 2021, Wintrust Bank N.a.'s most frequently cited loan purpose was Refi, with 126 originations. The 2nd most popular reason was Home Purchase, with 100 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 256 $321,060,000 $1,254,141 $0 0.00%

    For 2021, Wintrust Bank N.a.'s most frequently cited loan duration was Other, with 256 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 78 $233,840,000 $2,997,949 $0 0.00%
    $600k-1MM 60 $47,370,000 $789,500 $0 0.00%
    $200k-400k 46 $13,670,000 $297,174 $0 0.00%
    $400k-600k 45 $22,825,000 $507,222 $0 0.00%
    $100k-200k 17 $2,745,000 $161,471 $0 0.00%
    $100,000 or less 10 $610,000 $61,000 $0 0.00%

    2021 saw Wintrust Bank N.a. place emphasis on $1MM+ loans with 78 originations, totaling $233,840,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 64 $79,510,000 $1,242,344 $0 0.00%
    $150k-250k 30 $14,340,000 $478,000 $0 0.00%
    $100k-150k 19 $7,735,000 $407,105 $0 0.00%
    $50k-75k 15 $3,085,000 $205,667 $0 0.00%
    $50k or less 4 $600,000 $150,000 $0 0.00%
    $75k-100k 3 $825,000 $275,000 $0 0.00%

    Wintrust Bank N.a. lent most frequently to those with incomes in the $250k+ range, with 64 originations. The second most popular income band? $150k-250k, with 30 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 256 $321,060,000 $1,254,141 $0 0.00%

    Wintrust Bank N.a. lent most frequently to those with DTI ratios of Exempt%, with 256 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 108 $205,970,000 $1,907,130 $0 0.00%
    White 109 $84,445,000 $774,725 $0 0.00%
    Not provided 23 $23,775,000 $1,033,696 $0 0.00%
    Black 7 $2,285,000 $326,429 $0 0.00%
    Chinese 1 $1,925,000 $1,925,000 $0 0.00%
    Asian 6 $1,220,000 $203,333 $0 0.00%
    Asian Indian 1 $755,000 $755,000 $0 0.00%
    Native Hawaiian or Islander 1 $685,000 $685,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    95.41%

    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 origination
    85.94%

    Wintrust Bank N.a. has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 256 $321,060,000 $1,254,141

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    256 $321,060,000 $1,254,141

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Wintrust Bank, National Association 100 West North Avenue Chicago, IL 60610 Full Service B&M $198,818
    Wintrust Bank, National Association 1000 North Rush Street Chicago, IL 60611 Full Service B&M $86,030
    Wintrust Bank, National Association 1101 S. Homan Ave. Chicago, IL 60624 Full Service B&M $2,161
    Wintrust Bank, National Association 1145 Wilmette Avenue Wilmette, IL 60091 Full Service B&M $456,662
    Wintrust Bank, National Association 1740 Sherman Avenue Evanston, IL 60201 Full Service B&M $135,239
    Wintrust Bank, National Association 1800 South Blue Island Avenue Chicago, IL 60608 Full Service B&M $38,058
    Wintrust Bank, National Association 190 East Delaware Place Chicago, IL 60611 Full Service B&M $125,374
    Wintrust Bank, National Association 1946 W Irving Park Road Chicago, IL 60613 Full Service B&M $114,175
    Wintrust Bank, National Association 2139 West Irving Park Road Chicago, IL 60613 Full Service B&M $9,783
    Wintrust Bank, National Association 2250 N. Sheffield Avenue Chicago, IL 60614 Full Service B&M $3,145
    Wintrust Bank, National Association 2300 West Lawrence Avenue Chicago, IL 60625 Full Service B&M $93,530
    Wintrust Bank, National Association 231 South La Salle Street Chicago, IL 60604 Full Service B&M $4,476,982
    Wintrust Bank, National Association 2400 West Madison Street Chicago, IL 60612 Full Service B&M $22,622
    Wintrust Bank, National Association 247 South State Street Chicago, IL 60604 Full Service B&M $4,062
    Wintrust Bank, National Association 2642 W. Ogden Ave. Chicago, IL 60608 Full Service B&M $139
    Wintrust Bank, National Association 2814 W. Fullerton Chicago, IL 60647 Full Service B&M $47,663
    Wintrust Bank, National Association 3050 North Harlem Avenue Chicago, IL 60634 Full Service B&M $74,729
    Wintrust Bank, National Association 3234 N. Damen Avenue Chicago, IL 60618 Full Service B&M $38,954
    Wintrust Bank, National Association 3354 West 26th Street Chicago, IL 60623 Full Service B&M $23,025
    Wintrust Bank, National Association 360 East Ohio Street Chicago, IL 60611 Limited, Drive-thru $49,128
    Wintrust Bank, National Association 362 Park Avenue Glencoe, IL 60022 Full Service B&M $175,564
    Wintrust Bank, National Association 3620 North Clark Street Chicago, IL 60613 Full Service B&M $47,240
    Wintrust Bank, National Association 431 North Clark Street Chicago, IL 60654 Full Service B&M $64,019
    Wintrust Bank, National Association 4343 N Elston Avenue Chicago, IL 60641 Full Service B&M $111,612
    Wintrust Bank, National Association 4343 West Peterson Chicago, IL 60646 Full Service B&M $215,728
    Wintrust Bank, National Association 4369 North Harlem Avenue Norridge, IL 60706 Full Service B&M $189,757
    Wintrust Bank, National Association 4800 North Sheridan Road Chicago, IL 60640 Full Service B&M $15,501
    Wintrust Bank, National Association 576 Lincoln Avenue Winnetka, IL 60093 Full Service B&M $143,772
    Wintrust Bank, National Association 6336 North Milwaukee Avenue Chicago, IL 60646 Full Service B&M $68,881
    Wintrust Bank, National Association 635 Vernon Avenue Glencoe, IL 60022 Limited, Drive-thru $0
    Wintrust Bank, National Association 70 West Madison Street Chicago, IL 60602 Full Service B&M $42,454
    Wintrust Bank, National Association 720 12th Street Wilmette, IL 60091 Limited, Drive-thru $0
    Wintrust Bank, National Association 7555 North Western Avenue Chicago, IL 60645 Full Service B&M $46,699
    Wintrust Bank, National Association 7800 Lincoln Ave Skokie, IL 60077 Full Service B&M $344,935
    Wintrust Bank, National Association 801 West Fulton Market Chicago, IL 60607 Full Service B&M $9,618
    Wintrust Bank, National Association 901 Grove Street Evanston, IL 60201 Full Service B&M $107,245

    For 2021, Wintrust Bank N.a. had 36 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $237,573
    Net interest income $218,542
    Total noninterest income $119,739
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $15,317
    Trading account gains and fees $7,945
    Additional Noninterest Income $96,477
    Pre-tax net operating income $168,134
    Securities gains (or losses, -) $13
    Income before extraordinary items $123,386
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $123,386
    Minority interest net income $0
    Net income $123,386
    Sale, conversion, retirement of capital stock, net $2,523
    Net operating income $123,375

    Wintrust Bank N.a.'s gross interest income from loans was $237,573,000.
    Wintrust Bank N.a.'s net interest income from loans was $218,542,000.
    Wintrust Bank N.a.'s fee based income from loans was $15,317,000.
    Wintrust Bank N.a.'s net income from loans was $123,386,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $19,031
    Provision for credit losses $-11,582
    Total noninterest expense $181,729
    Salaries and employee benefits $100,412
    Premises and equipment expense $18,788
    Additional noninterest expense $62,529
    Applicable income taxes $44,761
    Net charge-offs $13,364
    Cash dividends $15,000

    Wintrust Bank N.a.'s interest expense for loans was $19,031,000.
    Wintrust Bank N.a.'s payroll and benefits expense were $100,412,000.
    Wintrust Bank N.a.'s property, plant and equipment expenses $18,788,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $8,456,654
    Deposits held in domestic offices $8,456,654
    Deposits by Individuals, partnerships, and corporations $8,215,332
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $226,474
    Deposits by Commercial banks and other depository institutions in U.S. $14,847
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $4,011,769
    Demand deposits $3,988,533
    Nontransaction accounts $4,444,885
    Money market deposit accounts (MMDAs) $3,180,424
    Other savings deposits (excluding MMDAs) $545,509
    Total time deposits $718,952
    Total time and savings deposits $4,468,121
    Noninterest-bearing deposits $3,725,507
    Interest-bearing deposits $4,731,147
    Retail deposits $7,956,366
    IRAs and Keogh plan accounts $125,722
    Brokered deposits $292,642
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $9,586,442
    Cash & Balances due from depository institutions $1,298,606
    Interest-bearing balances $1,248,059
    Total securities $335,952
    Federal funds sold & reverse repurchase $225,004
    Net loans and leases $7,251,983
    Loan and leases loss allowance $66,711
    Trading account assets $33,987
    Bank premises and fixed assets $122,722
    Other real estate owned $318
    Goodwill and other intangibles $62,676
    All other assets $255,194

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $9,586,442
    Total Liabilities $8,688,552
    Total deposits $8,456,654
    Interest-bearing deposits $4,731,147
    Deposits held in domestic offices $8,456,654
    % insured (estimated) $41
    Federal funds purchased and repurchase agreements $8,722
    Trading liabilities $32,906
    Other borrowed funds $91,201
    Subordinated debt $0
    All other liabilities $99,069

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $7,251,983
    Loan and leases loss allowance $66,711
    Total loans and leases (domestic) $7,318,694
    All real estate loans $2,791,741
    Real estate loans in domestic offices $2,791,741
    Construction and development loans $437,357
    Residential 1-4 family construction $19,090
    Other construction, all land development and other land $418,267
    Loans secured by nonfarm nonresidential properties $1,501,063
    Nonfarm nonresidential secured by owner-occupied properties $327,423
    Commercial real estate & other non-farm, non-residential $1,173,640
    Multifamily residential real estate $421,260
    1-4 family residential loans $431,912
    Farmland loans $149
    Loans held in foreign offices $0
    Farm loans $528
    Commercial and industrial loans $3,661,778
    To non-U.S. addressees $0
    Loans to individuals $594,749
    Credit card loans $0
    Related Plans $1,651
    Consumer Auto Loans $25
    Other loans to individuals $593,073
    All other loans & leases $269,898
    Loans to foreign governments and official institutions $0
    Other loans $64,010
    Loans to depository institutions and acceptances of other banks $8,478
    Loans not secured by real estate $51,815
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $5,562
    Non 1-4 family restructured loans & leases $3,267
    Total loans and leases (foreign) $0

    Wintrust Bank N.A. had $7,251,983,000 of loans outstanding in 2021. $2,791,741,000 of loans were in real estate loans. $437,357,000 of loans were in development loans. $421,260,000 of loans were in multifamily mortgage loans. $431,912,000 of loans were in 1-4 family mortgage loans. $528,000 of loans were in farm loans. $0 of loans were in credit card loans. $25,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 394 $153,975 $390,799
    Nonfarm, nonresidential loans - <$100k 19 $1,080 $56,842
    Nonfarm, nonresidential loans - $100-250k 84 $12,941 $154,060
    Nonfarm, nonresidential loans - $250k-1MM 291 $139,954 $480,942
    Commercial & Industrial, US addressed loans - <$1MM 13,471 $496,684 $36,871
    Commercial & Industrial, US addressed loans - <$100k 11,785 $115,304 $9,784
    Commercial & Industrial, US addressed loans - $100-250k 894 $94,005 $105,151
    Commercial & Industrial, US addressed loans - $250k-1MM 792 $287,375 $362,847
    Farmland loans - <$1MM 1 $149 $149,000
    Farmland loans - $100-250k 1 $149 $149,000