Bank & Trust Company Mortgage Rates, Fees & Info
Litchfield, ILLEI: 549300TFL8UPEHU61608
Tax ID: 37-0388230
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bank & Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Springfield, St. Louis, Houston, Peoria, and Davenport among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank & Trust Company 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
160Origination Dollar Volume (All Markets)
$20,020,000Top 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 |
|---|---|---|---|---|---|
| SPRINGFIELD, IL (FHA|USDA|VA) | 55 | $8,445,000 | $153,545 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 59 | $5,795,000 | $98,220 | $0 | 0.00% |
| Outside of Metro Areas | 38 | $4,070,000 | $107,105 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Taylorville, IL (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 0.00% |
| Jacksonville, IL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Quincy, IL-MO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 160 | $20,020,000 | $125,125 | $0 | 0.00% |
For 2023, Bank & Trust Company's most frequently originated type of loan was Conventional, with 160 originations.
Loan Reason
For 2023, Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 101 originations. The 2nd most popular reason was Refi, with 34 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 160 | $20,020,000 | $125,125 | $0 | 0.00% |
For 2023, Bank & Trust Company's most frequently cited loan duration was Other, with 160 originations.
Loan Sizing
2023 saw Bank & Trust Company place emphasis on $100,000 or less loans with 89 originations, totaling $5,095,000 in origination value.
Applicant Income
Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 41 originations. The second most popular income band? $50k or less, with 33 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 160 | $20,020,000 | $125,125 | $0 | 0.00% |
Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 160 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.33%
Bank & Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination89.38%
Bank & Trust Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 160 | $20,020,000 | $125,125 |