Petefish Skiles & Co Bank Mortgage Interest Rate and Cost Review

Is Petefish Skiles & Co Bank a cheap or expensive mortgage lender? To help you shop for a mortgage, we compare the interest rates and closing costs charged by Petefish Skiles & Co Bank to those of other lenders for a comparable set of borrowers. Here is our review of Petefish Skiles & Co Bank nationally:

Review ItemPetefish Skiles & Co Bank
Interest Ratesimilar to other lenders (-0.00%)
Loan Related Closing Costssimilar to other lenders (+$126)
National Rate and Closing Cost Star Rating(3.5)

On average, Petefish Skiles & Co Bank’s interest rates were similar to those of other lenders (-0.00%). Its loan related closing costs were also similar to those of other lenders, with a difference of +$126. Overall, combining interest rates and closing costs we estimate that Petefish Skiles & Co Bank tends to be an average cost lender, and give it a National Rate and Closing Costs Rating of 3.5 out of 5 stars.

We maintain our independence by not accepting any money from the mortgage lenders we review. To visit Petefish Skiles & Co Bank, check out its website at:

Petefish Skiles & Co Bank’s Rate Review by City

Mortgage lenders often set different rates in different geographical markets. For our list of the top mortgage lenders by city, click here. In particular, among the cities we track Petefish Skiles & Co Bank was most active in:

  1. Decatur, IL
  2. Springfield, IL
  3. Canton, IL
  4. Champaign, IL
  5. Edwardsville, IL

Petefish Skiles & Co Bank’s Rate Review by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, Petefish Skiles & Co Bank originated Conforming and USDA mortgages for new home purchases. It also originated Conforming mortgages for refinances. Its average interest rate and total loan related closing cost difference relative to other lenders for comparable borrowers by mortgages type is as follows.

New Purchase MortgagesConformingUSDA
Interest Rate Difference+0.01%-0.03%
Loan Related Closing Cost Difference+$174-$21
Cost Adjusted Rate Difference+0.02%-0.03%
National Star Rating(3.5)(3.5)
Refinance MortgagesConforming
Interest Rate Difference-0.01%
Loan Related Closing Cost Difference+$128
Cost Adjusted Rate Difference+0.00%
Average Star Rating(3.5)

As a summary, Petefish Skiles & Co Bank is similar to other lenders for Conforming and USDA purchase mortgages. For refinancing mortgages, Petefish Skiles & Co Bank is similar to other lenders for Conforming mortgage refinance. Nevertheless, individual circumstances can matter a lot for mortgage rates, and we always recommend shopping among several of our top mortgage lenders in your area before signing.

Other information about Petefish Skiles & Co Bank:

Registered name: Petefish Skiles & Co Bank
Registered city and state: Virginia, IL, 62691
Regulator: Federal Deposit Insurance Corporation (FDIC)

* Source of the data is Federal Financial Institutions Examination Council (FFIEC) and is for mortgages originated in the past year. Our comparable mortgages analysis controls for Petefish Skiles & Co Bank’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and commuting zone. Cost adjusted rates were computed based on each percent of the loan amount in above average loan related closing costs being worth +0.15 of a percentage point in interest rate. Furthermore, the amounts are regularized using a Bayesian approach to control for small samples.