Farmers State Bank Of Alto Pass Mortgage Rates, Fees & Info
Harrisburg, ILLEI: 549300XOWUPV4E45EE89
Tax ID: 37-0269850
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Mortgage Data
Review & Overview
Farmers State Bank Of Alto Pass is a smaller bank specializing in Home Purchase and Refi loans. Farmers State Bank Of Alto Pass has a high proportion of conventional loans. Their top markets by origination volume include: Carbondale, Georgetown, Riverside, Port St. Lucie, and Evansville among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Farmers State Bank Of Alto Pass has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
190Origination Dollar Volume (All Markets)
$32,300,000Top 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 |
|---|---|---|---|---|---|
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 113 | $19,965,000 | $176,681 | $0 | 0.00% |
| Outside of Metro Areas | 62 | $5,770,000 | $93,065 | $0 | 0.00% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $3,005,000 | $3,005,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $0 | 0.00% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| Jackson, OH (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Paducah, KY-IL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 0.00% |
| Mayfield, KY (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $0 | 0.00% |
| Mount Vernon, 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 | 190 | $32,300,000 | $170,000 | $0 | 0.00% |
For 2023, Farmers State Bank Of Alto Pass's most frequently originated type of loan was Conventional, with 190 originations.
Loan Reason
For 2023, Farmers State Bank Of Alto Pass's most frequently cited loan purpose was Home Purchase, with 121 originations. The 2nd most popular reason was Refi, with 48 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 190 | $32,300,000 | $170,000 | $0 | 0.00% |
For 2023, Farmers State Bank Of Alto Pass's most frequently cited loan duration was Other, with 190 originations.
Loan Sizing
2023 saw Farmers State Bank Of Alto Pass place emphasis on $100,000 or less loans with 89 originations, totaling $4,795,000 in origination value.
Applicant Income
Farmers State Bank Of Alto Pass lent most frequently to those with incomes in the $100k-150k range, with 37 originations. The second most popular income band? $50k-75k, with 37 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 190 | $32,300,000 | $170,000 | $0 | 0.00% |
Farmers State Bank Of Alto Pass lent most frequently to those with DTI ratios of Exempt%, with 190 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.30%
Farmers State Bank Of Alto Pass has an average approval rate.
Pick Rate
Approvals leading to origination90.00%
Farmers State Bank Of Alto Pass has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 190 | $32,300,000 | $170,000 |