Concordia Bank And Trust Company Mortgage Rates, Fees & Info
Vidalia, LALEI: 254900B631B05UVLUA59
Tax ID: 72-0158690
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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, Lafayette, Crestview, and Oklahoma City among others. We have data for 11 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
174Origination Dollar Volume (All Markets)
$31,790,000Top 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) | 106 | $17,050,000 | $160,849 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 23 | $8,095,000 | $351,957 | $0 | 0.00% |
| Outside of Metro Areas | 36 | $3,340,000 | $92,778 | $0 | 0.00% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $1,705,000 | $1,705,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $0 | 0.00% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Vicksburg, MS (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $0 | 0.00% |
| HATTIESBURG, MS (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Brookhaven, MS (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 174 | $31,790,000 | $182,701 | $0 | 0.00% |
For 2022, Concordia Bank And Trust Company's most frequently originated type of loan was Conventional, with 174 originations.
Loan Reason
For 2022, Concordia Bank And Trust Company's most frequently cited loan purpose was Refi, with 82 originations. The 2nd most popular reason was Home Purchase, with 63 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 174 | $31,790,000 | $182,701 | $0 | 0.00% |
For 2022, Concordia Bank And Trust Company's most frequently cited loan duration was Other, with 174 originations.
Loan Sizing
2022 saw Concordia Bank And Trust Company place emphasis on $100,000 or less loans with 96 originations, totaling $4,790,000 in origination value.
Applicant Income
Concordia Bank And Trust Company lent most frequently to those with incomes in the $50k or less range, with 30 originations. The second most popular income band? $75k-100k, with 23 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 174 | $31,790,000 | $182,701 | $0 | 0.00% |
Concordia Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 174 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.95%
Concordia Bank And Trust Company has a below average approval rate.
Pick Rate
Approvals leading to origination70.11%
Concordia Bank And Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 174 | $31,790,000 | $182,701 |