Northbrook Bank & Trust Mortgage Rates, Fees & Info
Rosemont, ILLEI: CLHA5EVJO4FMZ2WOBV70
Tax ID: 36-4400716
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Mortgage Data
Review & Overview
Northbrook Bank & Trust is a smaller bank specializing in Home Purchase and Refi loans. Northbrook Bank & Trust has a high proportion of conventional loans. Their top two markets are Chicago and Brainerd .Northbrook Bank & Trust 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
60Origination Dollar Volume (All Markets)
$47,490,000Top 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 |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 58 | $46,070,000 | $794,310 | $0 | 0.00% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $1,365,000 | $1,365,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 60 | $47,490,000 | $791,500 | $0 | 0.00% |
For 2018, Northbrook Bank & Trust's most frequently originated type of loan was Conventional, with 60 originations.
Loan Reason
For 2018, Northbrook Bank & Trust's most frequently cited loan purpose was Home Purchase, with 30 originations. The 2nd most popular reason was Refi, with 26 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 60 | $47,490,000 | $791,500 | $0 | 0.00% |
For 2018, Northbrook Bank & Trust's most frequently cited loan duration was Other, with 60 originations.
Loan Sizing
2018 saw Northbrook Bank & Trust place emphasis on $200k-400k loans with 18 originations, totaling $5,910,000 in origination value.
Applicant Income
Northbrook Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 17 originations. The second most popular income band? $100k-150k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 60 | $47,490,000 | $791,500 | $0 | 0.00% |
Northbrook Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 60 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.10%
Northbrook Bank & Trust has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination91.67%
Northbrook Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 60 | $47,490,000 | $791,500 |