Concordia Bank And Trust Company Mortgage Rates, Fees & Info
Vidalia, LALEI: 254900B631B05UVLUA59
Tax ID: 72-0158690
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Mortgage Data
Review & Overview
Concordia Bank And Trust Company is a smaller bank specializing in Refi and Home Purchase loans. Concordia Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Natchez, Baton Rouge, Chicago, Jackson, and Spartanburg among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Concordia Bank And Trust Company has an 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
116Origination Dollar Volume (All Markets)
$12,190,000Top 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 |
|---|---|---|---|---|---|
| Natchez, MS-LA (FHA|USDA|VA) | 79 | $7,025,000 | $88,924 | $0 | 0.00% |
| Outside of Metro Areas | 22 | $2,160,000 | $98,182 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 10 | $1,760,000 | $176,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 116 | $12,190,000 | $105,086 | $0 | 0.00% |
For 2024, Concordia Bank And Trust Company's most frequently originated type of loan was Conventional, with 116 originations.
Loan Reason
For 2024, Concordia Bank And Trust Company's most frequently cited loan purpose was Refi, with 63 originations. The 2nd most popular reason was Home Purchase, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 116 | $12,190,000 | $105,086 | $0 | 0.00% |
For 2024, Concordia Bank And Trust Company's most frequently cited loan duration was Other, with 116 originations.
Loan Sizing
2024 saw Concordia Bank And Trust Company place emphasis on $100,000 or less loans with 77 originations, totaling $3,605,000 in origination value.
Applicant Income
Concordia Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 24 originations. The second most popular income band? $50k or less, with 23 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 116 | $12,190,000 | $105,086 | $0 | 0.00% |
Concordia Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 116 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications83.93%
Concordia Bank And Trust Company has a below average approval rate.
Pick Rate
Approvals leading to origination78.45%
Concordia Bank And Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 116 | $12,190,000 | $105,086 |