Wheaton Bank & Trust Mortgage Rates, Fees & Info
Rosemont, ILLEI: 549300S5LHMBX3WRT314
Tax ID: 36-3872415
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Wheaton Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Wheaton Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Los Angeles, New York, Naples, and Asheville among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Wheaton 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.
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Originations
51Origination Dollar Volume (All Markets)
$36,305,000Top 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) | 39 | $24,565,000 | $629,872 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 4 | $5,040,000 | $1,260,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $2,005,000 | $2,005,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $1,265,000 | $1,265,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $1,020,000 | $510,000 | $0 | 0.00% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 0.00% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 51 | $36,305,000 | $711,863 | $0 | 0.00% |
For 2023, Wheaton Bank & Trust's most frequently originated type of loan was Conventional, with 51 originations.
Loan Reason
For 2023, Wheaton Bank & Trust's most frequently cited loan purpose was Home Purchase, with 28 originations. The 2nd most popular reason was Refi, with 16 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 51 | $36,305,000 | $711,863 | $0 | 0.00% |
For 2023, Wheaton Bank & Trust's most frequently cited loan duration was Other, with 51 originations.
Loan Sizing
2023 saw Wheaton Bank & Trust place emphasis on $600k-1MM loans with 15 originations, totaling $12,735,000 in origination value.
Applicant Income
Wheaton Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 26 originations. The second most popular income band? $150k-250k, with 12 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 51 | $36,305,000 | $711,863 | $0 | 0.00% |
Wheaton Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 51 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.81%
Wheaton Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination78.43%
Wheaton Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 51 | $36,305,000 | $711,863 |