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 and Cash Out Refi loans. The Home National Bank Of Thorntown has a high proportion of conventional loans. Their top markets by origination volume include: Indianapolis, Lafayette, Frankfort, Warsaw, and Crawfordsville among others. We have data for 11 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 a below average pick rate when compared to similar lenders.
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Originations
57Origination Dollar Volume (All Markets)
$11,655,000Top 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) | 40 | $8,330,000 | $208,250 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 2 | $970,000 | $485,000 | $0 | 0.00% |
| Frankfort, IN (FHA|USDA|VA) | 5 | $575,000 | $115,000 | $0 | 0.00% |
| Warsaw, IN (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 0.00% |
| Crawfordsville, IN (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 0.00% |
| Plymouth, IN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $215,000 | $215,000 | $0 | 0.00% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| Greensburg, IN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 57 | $11,655,000 | $204,474 | $0 | 0.00% |
For 2022, The Home National Bank Of Thorntown's most frequently originated type of loan was Conventional, with 57 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 25 | $5,745,000 | $229,800 | $0 | 0.00% |
| Cash Out Refi | 21 | $3,735,000 | $177,857 | $0 | 0.00% |
| Refi | 11 | $2,175,000 | $197,727 | $0 | 0.00% |
For 2022, The Home National Bank Of Thorntown's most frequently cited loan purpose was Home Purchase, with 25 originations. The 2nd most popular reason was Cash Out Refi, with 21 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 57 | $11,655,000 | $204,474 | $0 | 0.00% |
For 2022, The Home National Bank Of Thorntown's most frequently cited loan duration was Other, with 57 originations.
Loan Sizing
2022 saw The Home National Bank Of Thorntown place emphasis on $100k-200k loans with 22 originations, totaling $3,250,000 in origination value.
Applicant Income
The Home National Bank Of Thorntown lent most frequently to those with incomes in the $100k-150k range, with 15 originations. The second most popular income band? $50k-75k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 57 | $11,655,000 | $204,474 | $0 | 0.00% |
The Home National Bank Of Thorntown lent most frequently to those with DTI ratios of Exempt%, with 57 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.53%
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 origination82.46%
The Home National Bank Of Thorntown has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 57 | $11,655,000 | $204,474 |