Northbrook Bank & Trust Mortgage Rates, Fees & Info

Rosemont, IL

LEI: CLHA5EVJO4FMZ2WOBV70

Tax ID: 36-4400716

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Northbrook Bank & Trust is a smaller bank specializing in Home Purchase loans. Northbrook Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Ogden, Naples, Punta Gorda, and Tucson among others. We have data for 5 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 a below average pick rate when compared to similar lenders.

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Originations

Origination Dollar Volume (All Markets)

$66,260,000

Top 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)	72	$60,520,000	$840,556	$0	0.00%
OGDEN-CLEARFIELD, UT (FHA\|USDA\|VA)	2	$3,110,000	$1,555,000	$0	0.00%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	2	$1,410,000	$705,000	$0	0.00%
PUNTA GORDA, FL (FHA\|USDA\|VA)	1	$945,000	$945,000	$0	0.00%
TUCSON, AZ (FHA\|USDA\|VA)	1	$275,000	$275,000	$0	0.00%

Northbrook Bank & Trust's top markets include Chicago, Ogden, Naples, Punta Gorda, and Tucson among others.

Their top states include:

Illinois (FHA|USDA|VA)

Utah (FHA|USDA|VA)

Florida (FHA|USDA|VA)

Arizona (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	78	$66,260,000	$849,487	$0	0.00%

For 2022, Northbrook Bank & Trust's most frequently originated type of loan was Conventional, with 78 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	43	$45,255,000	$1,052,442	$0	0.00%
Refi	21	$13,175,000	$627,381	$0	0.00%
Cash Out Refi	9	$4,385,000	$487,222	$0	0.00%
Other	3	$1,565,000	$521,667	$0	0.00%
Home Improvement	2	$1,880,000	$940,000	$0	0.00%

For 2022, Northbrook Bank & Trust's most frequently cited loan purpose was Home Purchase, with 43 originations. The 2nd most popular reason was Refi, with 21 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	78	$66,260,000	$849,487	$0	0.00%

For 2022, Northbrook Bank & Trust's most frequently cited loan duration was Other, with 78 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$600k-1MM	27	$21,025,000	$778,704	$0	0.00%
$200k-400k	16	$4,880,000	$305,000	$0	0.00%
$1MM+	15	$33,165,000	$2,211,000	$0	0.00%
$400k-600k	12	$6,190,000	$515,833	$0	0.00%
$100k-200k	5	$765,000	$153,000	$0	0.00%
$100,000 or less	3	$235,000	$78,333	$0	0.00%

2022 saw Northbrook Bank & Trust place emphasis on $600k-1MM loans with 27 originations, totaling $21,025,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$250k+	24	$28,270,000	$1,177,917	$0	0.00%
$150k-250k	14	$7,810,000	$557,857	$0	0.00%
$100k-150k	9	$3,235,000	$359,444	$0	0.00%
$50k-75k	3	$325,000	$108,333	$0	0.00%
$50k or less	3	$305,000	$101,667	$0	0.00%
$75k-100k	3	$1,085,000	$361,667	$0	0.00%

Northbrook Bank & Trust lent most frequently to those with incomes in the $250k+ range, with 24 originations. The second most popular income band? $150k-250k, with 14 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	78	$66,260,000	$849,487	$0	0.00%

Northbrook Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 78 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	47	$33,255,000	$707,553	$0	0.00%
Not applicable	19	$23,775,000	$1,251,316	$0	0.00%
Asian	4	$5,180,000	$1,295,000	$0	0.00%
Not provided	4	$2,200,000	$550,000	$0	0.00%
Asian Indian	2	$1,180,000	$590,000	$0	0.00%
Black	1	$475,000	$475,000	$0	0.00%
Korean	1	$195,000	$195,000	$0	0.00%

Approval Rates

Total approvals of all applications
97.98%

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 origination
84.62%

Northbrook Bank & Trust has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	78	$66,260,000	$849,487

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	78	$66,260,000	$849,487