Wheaton Bank & Trust Mortgage Rates, Fees & Info
Rosemont, ILLEI: 549300S5LHMBX3WRT314
Tax ID: 36-3872415
Latest/2024 | 2023 Data | 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 loans. Wheaton Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, San Francisco, Kalispell, San Jose, and Los Angeles among others. We have data for 18 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
66Origination Dollar Volume (All Markets)
$54,290,000Top 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) | 38 | $25,690,000 | $676,053 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 5 | $7,645,000 | $1,529,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $3,655,000 | $1,218,333 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 3 | $2,665,000 | $888,333 | $0 | 0.00% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $2,005,000 | $2,005,000 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $1,980,000 | $990,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 3 | $1,915,000 | $638,333 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $1,445,000 | $1,445,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $1,255,000 | $1,255,000 | $0 | 0.00% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 0.00% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 0.00% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 66 | $54,290,000 | $822,576 | $0 | 0.00% |
For 2024, Wheaton Bank & Trust's most frequently originated type of loan was Conventional, with 66 originations.
Loan Reason
For 2024, Wheaton Bank & Trust's most frequently cited loan purpose was Home Purchase, with 47 originations. The 2nd most popular reason was Refi, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 66 | $54,290,000 | $822,576 | $0 | 0.00% |
For 2024, Wheaton Bank & Trust's most frequently cited loan duration was Other, with 66 originations.
Loan Sizing
2024 saw Wheaton Bank & Trust place emphasis on $1MM+ loans with 24 originations, totaling $34,640,000 in origination value.
Applicant Income
Wheaton Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 38 originations. The second most popular income band? $150k-250k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 66 | $54,290,000 | $822,576 | $0 | 0.00% |
Wheaton Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 66 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.06%
Wheaton Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination89.39%
Wheaton Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 66 | $54,290,000 | $822,576 |