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, Naples, Los Angeles, Nashville, and Niles 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
67Origination Dollar Volume (All Markets)
$43,385,000Top 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) | 58 | $30,780,000 | $530,690 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $3,785,000 | $3,785,000 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $3,230,000 | $1,615,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $1,205,000 | $1,205,000 | $0 | 0.00% |
| NILES, MI (FHA|USDA|VA) | 1 | $1,075,000 | $1,075,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $845,000 | $845,000 | $0 | 0.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 67 | $43,385,000 | $647,537 | $0 | 0.00% |
For 2022, Wheaton Bank & Trust's most frequently originated type of loan was Conventional, with 67 originations.
Loan Reason
For 2022, Wheaton Bank & Trust's most frequently cited loan purpose was Home Purchase, with 36 originations. The 2nd most popular reason was Refi, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 67 | $43,385,000 | $647,537 | $0 | 0.00% |
For 2022, Wheaton Bank & Trust's most frequently cited loan duration was Other, with 67 originations.
Loan Sizing
2022 saw Wheaton Bank & Trust place emphasis on $400k-600k loans with 18 originations, totaling $8,820,000 in origination value.
Applicant Income
Wheaton Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 25 originations. The second most popular income band? $150k-250k, with 15 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 67 | $43,385,000 | $647,537 | $0 | 0.00% |
Wheaton Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 67 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.71%
Wheaton Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination83.58%
Wheaton Bank & Trust has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 67 | $43,385,000 | $647,537 |