Wheaton Bank & Trust Mortgage Rates, Fees & Info
Rosemont, ILLEI: 549300S5LHMBX3WRT314
Tax ID: 36-3872415
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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, Seattle, Whitewater, and Charleston among others. We have data for 4 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
60Origination Dollar Volume (All Markets)
$27,730,000Top 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) | 57 | $23,575,000 | $413,596 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $1,905,000 | $1,905,000 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $1,385,000 | $1,385,000 | $0 | 0.00% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $865,000 | $865,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 60 | $27,730,000 | $462,167 | $0 | 0.00% |
For 2018, Wheaton Bank & Trust's most frequently originated type of loan was Conventional, with 60 originations.
Loan Reason
For 2018, Wheaton Bank & Trust's most frequently cited loan purpose was Home Purchase, with 34 originations. The 2nd most popular reason was Refi, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 60 | $27,730,000 | $462,167 | $0 | 0.00% |
For 2018, Wheaton Bank & Trust's most frequently cited loan duration was Other, with 60 originations.
Loan Sizing
2018 saw Wheaton Bank & Trust place emphasis on $200k-400k loans with 19 originations, totaling $5,595,000 in origination value.
Applicant Income
Wheaton Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 13 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% | 60 | $27,730,000 | $462,167 | $0 | 0.00% |
Wheaton Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 60 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.91%
Wheaton Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination85.00%
Wheaton Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 60 | $27,730,000 | $462,167 |