# Heartland Bank and Trust Company

> **Canonical URL:** https://saferate.com/lenders/heartland-bank-and-trust

> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible

Heartland Bank and Trust Company is a bank, headquartered in Bloomington, IL, serving borrowers across 10 states, with 389 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 33% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 50% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** EFBDHEMMHTWI378O4988
- **Headquarters:** Bloomington, IL
- **Geographic Reach:** Multi-Region
- **States Served:** 10
- **State List:** AR, AZ, IA, IL, IN, KY, MI, MO, NC, WI
- **Markets (MSAs):** 8
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 95.1%
- **Brokered/Wholesale:** 4.9%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 67/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 50/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.473%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $551
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 389
- **Dollar Volume:** $66 million
- **Applications Received:** 567
- **Market Share:** 1.00%

## Typical Borrower Profile

- **Average Loan Amount:** $170,784
- **Average Borrower Income:** $107,805

## Safe Rate Awards 🏆

- ⭐ **Conventional Gold Superstar** (70%)
- ⭐ **Purchase Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 67/100 | 345 | +0.458% | $475 | Strong 😀 |
| FHA | 53/100 | 24 | +0.761% | $1,267 | Sound ☺️ |
| USDA | 71/100 | 12 | +0.880% | $1,313 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 285 loans, Score: 66/100 (Strong)
- Refinance: 60 loans, Score: 49/100 (Sound)

**FHA:**
- Purchase: 22 loans, Score: 53/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 65/100 | 326 | $56M | +0.476% | Strong 😀 |
| Refinance | 47/100 | 63 | $10M | +0.460% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| IL | 371 | 0.30% | 81/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 132 | 60/100 |
| Springfield, IL | IL | 66 | 72/100 |
| Bloomington, IL | IL | 35 | 61/100 |
| Decatur, IL | IL | 35 | 77/100 |
| Chicago | IL | 32 | 53/100 |
| Peoria, IL | IL | 31 | 58/100 |
| St. Louis, MO | MO-IL | 20 | 50/100 |
| Champaign | IL | 17 | 53/100 |

## Frequently Asked Questions

### What loan types does Heartland Bank and Trust Company offer?

Heartland Bank and Trust Company offers the following mortgage loan types: FHA, Conventional, USDA. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Heartland Bank and Trust Company offer mortgages?

Heartland Bank and Trust Company offers mortgages in 10 states: AR, AZ, IA, IL, IN, KY, MI, MO, NC, WI.

### How competitive are Heartland Bank and Trust Company's mortgage rates?

Heartland Bank and Trust Company has a pricing score of 67/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.473% above market average.

### What type of lender is Heartland Bank and Trust Company?

Heartland Bank and Trust Company is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Bloomington, IL.

### What is Heartland Bank and Trust Company's loan approval success rate?

Heartland Bank and Trust Company has a pull-through score of 50/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-05-29
**Canonical URL:** https://saferate.com/lenders/heartland-bank-and-trust

### How to Cite

> "Heartland Bank and Trust Company Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/heartland-bank-and-trust

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