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 Refi and Home Purchase loans. Northbrook Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Salt Lake City, and Denver among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)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
82Origination Dollar Volume (All Markets)
$60,980,000Top 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) | 80 | $58,450,000 | $730,625 | $0 | 0.00% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $1,655,000 | $1,655,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 82 | $60,980,000 | $743,659 | $0 | 0.00% |
For 2019, Northbrook Bank & Trust's most frequently originated type of loan was Conventional, with 82 originations.
Loan Reason
For 2019, Northbrook Bank & Trust's most frequently cited loan purpose was Refi, with 45 originations. The 2nd most popular reason was Home Purchase, with 25 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 82 | $60,980,000 | $743,659 | $0 | 0.00% |
For 2019, Northbrook Bank & Trust's most frequently cited loan duration was Other, with 82 originations.
Loan Sizing
2019 saw Northbrook Bank & Trust place emphasis on $600k-1MM loans with 25 originations, totaling $19,295,000 in origination value.
Applicant Income
Northbrook Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 18 originations. The second most popular income band? $150k-250k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 82 | $60,980,000 | $743,659 | $0 | 0.00% |
Northbrook Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 82 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.84%
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 origination91.46%
Northbrook Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 82 | $60,980,000 | $743,659 |