The Home National Bank Of Thorntown Mortgage Rates, Fees & Info
Thorntown, INLEI: 549300Z0OW7UDR5F5Z46
Tax ID: 35-0389890
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Home National Bank Of Thorntown is a smaller bank specializing in Home Purchase loans. The Home National Bank Of Thorntown has a high proportion of conventional loans. Their top markets by origination volume include: Indianapolis, Lafayette, Chicago, Fort Wayne, and Frankfort among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)The Home National Bank Of Thorntown 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
108Origination Dollar Volume (All Markets)
$24,470,000Top 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 |
|---|---|---|---|---|---|
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 68 | $15,640,000 | $230,000 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 11 | $2,445,000 | $222,273 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 5 | $1,365,000 | $273,000 | $0 | 0.00% |
| FORT WAYNE, IN (FHA|USDA|VA) | 3 | $1,355,000 | $451,667 | $0 | 0.00% |
| Frankfort, IN (FHA|USDA|VA) | 7 | $765,000 | $109,286 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $520,000 | $130,000 | $0 | 0.00% |
| Crawfordsville, IN (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Jasper, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Greensburg, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 108 | $24,470,000 | $226,574 | $0 | 0.00% |
For 2023, The Home National Bank Of Thorntown's most frequently originated type of loan was Conventional, with 108 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 75 | $19,175,000 | $255,667 | $0 | 0.00% |
| Cash Out Refi | 20 | $2,990,000 | $149,500 | $0 | 0.00% |
| Refi | 13 | $2,305,000 | $177,308 | $0 | 0.00% |
For 2023, The Home National Bank Of Thorntown's most frequently cited loan purpose was Home Purchase, with 75 originations. The 2nd most popular reason was Cash Out Refi, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 108 | $24,470,000 | $226,574 | $0 | 0.00% |
For 2023, The Home National Bank Of Thorntown's most frequently cited loan duration was Other, with 108 originations.
Loan Sizing
2023 saw The Home National Bank Of Thorntown place emphasis on $100k-200k loans with 39 originations, totaling $5,535,000 in origination value.
Applicant Income
The Home National Bank Of Thorntown lent most frequently to those with incomes in the $100k-150k range, with 30 originations. The second most popular income band? $150k-250k, with 17 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 107 | $24,365,000 | $227,710 | $0 | 0.00% |
The Home National Bank Of Thorntown lent most frequently to those with DTI ratios of Exempt%, with 107 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
The Home National Bank Of Thorntown has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination96.30%
The Home National Bank Of Thorntown has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 103 | $23,865,000 | $231,699 |
| NA | 5 | $605,000 | $121,000 |