What loan types does First State Bank offer?

First State Bank offers the following mortgage loan types: Conventional. Each product has its own pricing score and performance metrics.

Where does First State Bank offer mortgages?

First State Bank offers mortgages in 2 states: IL, WI.

How competitive are First State Bank's mortgage rates?

First State Bank has an overall pricing score of 44.2/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is First State Bank?

First State Bank is a Bank headquartered in Mendota, IL.

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First State Bank

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First State Bank has 121 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Sound

3/5

vs. all lenders

Pull-through

Sound

3/5

closing strength

Product

Acceptable

2/5

Conventional

Place

Sound

3/5

Regional · 1 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Explore another lender or local market

Report Card

First State Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Sound

+16.5 bps above market avg

3/5

Pull Through

Closing strength

Sound

Top 60% of lenders

3/5

By Loan Product· Specialization by type

Conventional

120 loans · 0.17% above market

Acceptable

Bottom 40% of lenders

2/5

By Loan Purpose· Transaction purpose mix

Purchase

95 loans · 0.21% above market

Acceptable

Bottom 40% of lenders

2/5

Refinance

26 loans · 0.01% above market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Regional · 2 markets

Sound

Top 60% of lenders

3/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Acceptable	Acceptable	Sound	Acceptable	120	99.2%	+0.171%Above	$1,027Fees

Conventional

Overall

Acceptable

Product

Acceptable

Pricing

Sound

Pull Through

Acceptable

Volume120

Mix99.2%

Spread

+0.171%Above

Fees

$1,027Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Acceptable	Acceptable	Sound	Acceptable	95	78.5%	+0.210%Above	$1,061Fees
Refinance	Acceptable	Acceptable	Acceptable	Acceptable	26	21.5%	+0.006%Above	$899Fees

Purchase

Overall

Acceptable

Product

Acceptable

Pricing

Sound

Pull Through

Acceptable

Volume95

Mix78.5%

Spread

+0.210%Above

Fees

$1,061Fees

Refinance

Overall

Acceptable

Product

Acceptable

Pricing

Acceptable

Pull Through

Acceptable

Volume26

Mix21.5%

Spread

+0.006%Above

Fees

$899Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

121

Applications

167

Volume

$23 million

Pricing & Closing

Avg Rate Spread

+0.165%

vs. market APOR

Avg Net Fees

$1,025

Origination − Credits

Pullthrough Rate

72.5%

Applications → Closed

Typical Borrower

Avg Loan Amount

$195,165

Avg Borrower Income

$134,198

Avg Property Value

$279,793

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Sound

3/5

States with Loan Originations

2Full-year 2024 · HMDA

Loans originated

< 100100+None

Midwest2

ILWI

Top Metro Areas by Place Specialization Score

Elgin, ILMetro

Volume 13Mix 10.74% of portfolio

50/100

Sound

Top States by Place Specialization Score

IllinoisState

Volume 117Mix 96.69% of portfolio

70/100

Strong

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.