Bank & Trust Company Mortgage Rates, Fees & Info
Litchfield, ILLEI: 549300TFL8UPEHU61608
Tax ID: 37-0388230
Latest/2024 | 2023 Data | 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 loans. Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Springfield, St. Louis, Taylorville, Heber, and Champaign among others. We have data for 12 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
158Origination Dollar Volume (All Markets)
$21,720,000Top 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) | 45 | $8,035,000 | $178,556 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 55 | $6,855,000 | $124,636 | $0 | 0.00% |
| Outside of Metro Areas | 43 | $4,105,000 | $95,465 | $0 | 0.00% |
| Taylorville, IL (FHA|USDA|VA) | 6 | $580,000 | $96,667 | $0 | 0.00% |
| Heber, UT (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $0 | 0.00% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| Jacksonville, IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 158 | $21,720,000 | $137,468 | $0 | 0.00% |
For 2024, Bank & Trust Company's most frequently originated type of loan was Conventional, with 158 originations.
Loan Reason
For 2024, Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 107 originations. The 2nd most popular reason was Refi, with 26 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 158 | $21,720,000 | $137,468 | $0 | 0.00% |
For 2024, Bank & Trust Company's most frequently cited loan duration was Other, with 158 originations.
Loan Sizing
2024 saw Bank & Trust Company place emphasis on $100,000 or less loans with 74 originations, totaling $3,990,000 in origination value.
Applicant Income
Bank & Trust Company lent most frequently to those with incomes in the $50k-75k range, with 33 originations. The second most popular income band? $150k-250k, with 30 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 158 | $21,720,000 | $137,468 | $0 | 0.00% |
Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 158 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 150 | $20,390,000 | $135,933 | $0 | 0.00% |
| Not applicable | 8 | $1,330,000 | $166,250 | $0 | 0.00% |
Approval Rates
Total approvals of all applications94.05%
Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination89.87%
Bank & Trust Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 158 | $21,720,000 | $137,468 |