Farmers State Bank Of Alto Pass Mortgage Rates, Fees & Info
Harrisburg, ILLEI: 549300XOWUPV4E45EE89
Tax ID: 37-0269850
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Farmers State Bank Of Alto Pass is a smaller bank specializing in Home Purchase loans. Farmers State Bank Of Alto Pass has a high proportion of conventional loans. Their top markets by origination volume include: Carbondale, Birmingham, Port St. Lucie, Evansville, and Poplar Bluff among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Farmers State Bank Of Alto Pass has an 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
167Origination Dollar Volume (All Markets)
$24,555,000Top 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) | 98 | $14,000,000 | $142,857 | $0 | 0.00% |
| Outside of Metro Areas | 63 | $8,805,000 | $139,762 | $0 | 0.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $0 | 0.00% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 0.00% |
| Poplar Bluff, MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 167 | $24,555,000 | $147,036 | $0 | 0.00% |
For 2022, Farmers State Bank Of Alto Pass's most frequently originated type of loan was Conventional, with 167 originations.
Loan Reason
For 2022, Farmers State Bank Of Alto Pass's most frequently cited loan purpose was Home Purchase, with 112 originations. The 2nd most popular reason was Refi, with 32 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 167 | $24,555,000 | $147,036 | $0 | 0.00% |
For 2022, Farmers State Bank Of Alto Pass's most frequently cited loan duration was Other, with 167 originations.
Loan Sizing
2022 saw Farmers State Bank Of Alto Pass place emphasis on $100,000 or less loans with 73 originations, totaling $4,455,000 in origination value.
Applicant Income
Farmers State Bank Of Alto Pass lent most frequently to those with incomes in the $50k-75k range, with 41 originations. The second most popular income band? $100k-150k, with 33 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 167 | $24,555,000 | $147,036 | $0 | 0.00% |
Farmers State Bank Of Alto Pass lent most frequently to those with DTI ratios of Exempt%, with 167 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.18%
Farmers State Bank Of Alto Pass has an average approval rate.
Pick Rate
Approvals leading to origination77.84%
Farmers State Bank Of Alto Pass has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 167 | $24,555,000 | $147,036 |