Two Rivers Bank & Trust Mortgage Rates, Fees & InfoBurlington, IA
Tax ID: 42-0162020
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewTwo Rivers Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Two Rivers Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Burlington, Des Moines, Fort Madison, Iowa City, and Cedar Rapids among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)
Two Rivers 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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Origination Dollar Volume (All Markets)$75,435,000
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|
|Burlington, IA-IL (FHA|USDA|VA)||194||$35,340,000||$182,165||$0||0.00%|
|DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA)||42||$15,420,000||$367,143||$0||0.00%|
|Outside of Metro Areas||45||$7,865,000||$174,778||$0||0.00%|
|Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA)||60||$5,780,000||$96,333||$0||0.00%|
|IOWA CITY, IA (FHA|USDA|VA)||21||$5,215,000||$248,333||$0||0.00%|
|CEDAR RAPIDS, IA (FHA|USDA|VA)||5||$2,435,000||$487,000||$0||0.00%|
|PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA)||1||$755,000||$755,000||$0||0.00%|
|MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA)||1||$615,000||$615,000||$0||0.00%|
|AMES, IA (FHA|USDA|VA)||2||$610,000||$305,000||$0||0.00%|
|Fairfield, IA (FHA|USDA|VA)||2||$350,000||$175,000||$0||0.00%|
|DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA)||1||$265,000||$265,000||$0||0.00%|
|Fort Dodge, IA (FHA|USDA|VA)||1||$265,000||$265,000||$0||0.00%|
|Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA)||3||$235,000||$78,333||$0||0.00%|
|Marshalltown, IA (FHA|USDA|VA)||1||$145,000||$145,000||$0||0.00%|
|Muscatine, IA (FHA|USDA|VA)||1||$75,000||$75,000||$0||0.00%|
|Macomb, IL (FHA|USDA|VA)||1||$65,000||$65,000||$0||0.00%|
We use machine learning to identify the top lenders compared against Two Rivers Bank & Trust based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Two Rivers Bank & Trust's most frequently originated type of loan was Conventional, with 381 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Two Rivers Bank & Trust's most frequently cited loan purpose was Home Purchase, with 207 originations. The 2nd most popular reason was Refi, with 90 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Two Rivers Bank & Trust's most frequently cited loan duration was Other, with 381 originations.
2022 saw Two Rivers Bank & Trust place emphasis on $100,000 or less loans with 187 originations, totaling $9,245,000 in origination value.
Two Rivers Bank & Trust lent most frequently to those with incomes in the $50k-75k range, with 80 originations. The second most popular income band? $50k or less, with 75 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Two Rivers Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 381 originations.
Approval RatesTotal approvals of all applications
Two Rivers Bank & Trust has an average approval rate.
Pick RateApprovals leading to origination
Two Rivers Bank & Trust has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|