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, Naples, Cape Coral, Boise City, and Whitewater among others. We have data for 5 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
49Origination Dollar Volume (All Markets)
$24,135,000Top 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) | 45 | $19,545,000 | $434,333 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $3,805,000 | $3,805,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 49 | $24,135,000 | $492,551 | $0 | 0.00% |
For 2019, Wheaton Bank & Trust's most frequently originated type of loan was Conventional, with 49 originations.
Loan Reason
For 2019, Wheaton Bank & Trust's most frequently cited loan purpose was Home Purchase, with 21 originations. The 2nd most popular reason was Refi, with 18 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 49 | $24,135,000 | $492,551 | $0 | 0.00% |
For 2019, Wheaton Bank & Trust's most frequently cited loan duration was Other, with 49 originations.
Loan Sizing
2019 saw Wheaton Bank & Trust place emphasis on $200k-400k loans with 23 originations, totaling $6,615,000 in origination value.
Applicant Income
Wheaton Bank & Trust lent most frequently to those with incomes in the $150k-250k range, with 10 originations. The second most popular income band? $250k+, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 49 | $24,135,000 | $492,551 | $0 | 0.00% |
Wheaton Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 49 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.88%
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 origination73.47%
Wheaton Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 49 | $24,135,000 | $492,551 |