What loan types does First Mid Bank & Trust offer?

First Mid Bank & Trust offers the following mortgage loan types: FHA, Conventional, VA, usda. Each product has its own pricing score and performance metrics.

Where does First Mid Bank & Trust offer mortgages?

First Mid Bank & Trust offers mortgages in 13 states: AL, AZ, FL, IA, IL, IN, KY, MN, MO, NC, TN, TX, WI.

How competitive are First Mid Bank & Trust's mortgage rates?

First Mid Bank & Trust has an overall pricing score of 77.5/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is First Mid Bank & Trust?

First Mid Bank & Trust is a Bank headquartered in Mattoon, IL.

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First Mid Bank & Trust

Bank•Mattoon, ILHQ•Direct•Reviews near you on Google

We analyzed every closed loan from First Mid Bank & Trust — 901 loans across 1k applications— and benchmarked them against peer lenders across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Strong

4/5

vs. all lenders

Pull-through

Strong

4/5

closing strength

Product

Strong

4/5

FHA · Conventional · VA · USDA

Place

Strong

4/5

Multi-Region · 7 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Awards

Conventional

Superstar

Purchase

Superstar

Refinance

Superstar

Summary

What They Do Well

Competitive pricing compared to the market
Lower than average lender fees
Strong pull through performance
Particularly strong in Conventional and FHA and USDA loans

Explore another lender or local market

Report Card

First Mid Bank & Trust performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Strong

+17.1 bps above market avg

4/5

Pull Through

Closing strength

Strong

Top 40% of lenders

4/5

By Loan Product· Specialization by type

Conventional

825 loans · 0.15% above market

Strong

Top 40% of lenders

4/5

FHA

37 loans · 0.86% above market

Strong

Top 40% of lenders

4/5

11 loans · 0.16% below market

Acceptable

Bottom 40% of lenders

2/5

USDA

27 loans · 0.06% above market

Strong

Top 40% of lenders

4/5

By Loan Purpose· Transaction purpose mix

Purchase

804 loans · 0.16% above market

Strong

Top 40% of lenders

4/5

Refinance

97 loans · 0.27% above market

Strong

Top 40% of lenders

4/5

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 8 markets

Strong

Top 40% of lenders

4/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Strong	Strong	Strong	Strong	825	91.6%	+0.152%Above	$852Fees
FHA Loans	Sound	Strong	Sound	Sound	37	4.1%	+0.859%Above	$1,047Fees
VA Loans	Acceptable	Acceptable	—	—	11	1.2%	-0.156%Below	$1,233Fees
USDA Loans	Strong	Strong	—	Strong	27	3.0%	+0.055%Above	$636Fees

Conventional

Overall

Strong

Product

Strong

Pricing

Strong

Pull Through

Strong

Volume825

Mix91.6%

Spread

+0.152%Above

Fees

$852Fees

FHA Loans

Overall

Sound

Product

Strong

Pricing

Sound

Pull Through

Sound

Volume37

Mix4.1%

Spread

+0.859%Above

Fees

$1,047Fees

VA Loans

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through—

Volume11

Mix1.2%

Spread

-0.156%Below

Fees

$1,233Fees

USDA Loans

Overall

Strong

Product

Strong

Pricing—

Pull Through

Strong

Volume27

Mix3.0%

Spread

+0.055%Above

Fees

$636Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Strong	Strong	Strong	Strong	804	89.2%	+0.158%Above	$855Fees
Refinance	Strong	Strong	Strong	Strong	97	10.8%	+0.269%Above	$885Fees

Purchase

Overall

Strong

Product

Strong

Pricing

Strong

Pull Through

Strong

Volume804

Mix89.2%

Spread

+0.158%Above

Fees

$855Fees

Refinance

Overall

Strong

Product

Strong

Pricing

Strong

Pull Through

Strong

Volume97

Mix10.8%

Spread

+0.269%Above

Fees

$885Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

901

Applications

1,233

Volume

$168 million

Pricing & Closing

Avg Rate Spread

+0.171%

vs. market APOR

Avg Net Fees

$859

Origination − Credits

Pullthrough Rate

73.1%

Applications → Closed

Typical Borrower

Avg Loan Amount

$187,342

Avg Borrower Income

$105,519

Avg Property Value

$246,853

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

13Full-year 2024 · HMDA

Loans originated

< 5050–100100+None

Midwest6

IAILINMNMOWI

South6

ALFLKYNCTNTX

West1

Top Metro Areas by Place Specialization Score

Rockford, ILMetro

Volume 295Mix 32.74% of portfolio

97/100

Exceptional

Janesville, WIMetro

Volume 53Mix 5.88% of portfolio

74/100

Strong

St. Louis, MO, MO-ILMetro

Volume 124Mix 13.76% of portfolio

71/100

Strong

Champaign, ILMetro

Volume 28Mix 3.11% of portfolio

61/100

Strong

Columbia, MOMetro

Volume 17Mix 1.89% of portfolio

50/100

Sound

Chicago, ILMetro

Volume 24Mix 2.66% of portfolio

48/100

Sound

Jefferson City, MOMetro

Volume 10Mix 1.11% of portfolio

43/100

Sound

Top States by Place Specialization Score

IllinoisState

Volume 741Mix 82.24% of portfolio

86/100

Exceptional

MissouriState

Volume 73Mix 8.10% of portfolio

59/100

Sound

WisconsinState

Volume 62Mix 6.88% of portfolio

59/100

Sound

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps: Pricing, Product, Pull-Through, Place, and Promptness. Promptness measures how quickly a lender answers real shopper quote requests; a lender with none measured yet is counted at an estimate.

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 Safe Rate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

Looking for a different lender?

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.