Lindell Bank & Trust Company Mortgage Rates, Fees & Info

St. Louis, MO

LEI: 254900BX43CTU32Z6G15

Tax ID: 43-0379825

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Lindell Bank & Trust Company is a smaller bank specializing in Refi and Home Purchase loans. Lindell Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Des Moines, and Rolla among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Lindell Bank & Trust Company has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    222

    Origination Dollar Volume (All Markets)

    $60,660,000

    Top 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
    ST. LOUIS, MO-IL (FHA|USDA|VA) 216 $57,180,000 $264,722 $0 0.00%
    Outside of Metro Areas 4 $3,320,000 $830,000 $0 0.00%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    Rolla, MO (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    Lindell Bank & Trust Company's top markets include St. Louis, Des Moines, and Rolla among others.

    Their top states include:
  • Missouri (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 222 $60,660,000 $273,243 $0 0.00%

    For 2022, Lindell Bank & Trust Company's most frequently originated type of loan was Conventional, with 222 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 122 $29,060,000 $238,197 $0 0.00%
    Home Purchase 96 $31,140,000 $324,375 $0 0.00%
    Home Improvement 2 $300,000 $150,000 $0 0.00%
    Other 2 $160,000 $80,000 $0 0.00%

    For 2022, Lindell Bank & Trust Company's most frequently cited loan purpose was Refi, with 122 originations. The 2nd most popular reason was Home Purchase, with 96 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 222 $60,660,000 $273,243 $0 0.00%

    For 2022, Lindell Bank & Trust Company's most frequently cited loan duration was Other, with 222 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 66 $9,370,000 $141,970 $0 0.00%
    $100,000 or less 59 $3,685,000 $62,458 $0 0.00%
    $200k-400k 53 $14,655,000 $276,509 $0 0.00%
    $400k-600k 26 $12,910,000 $496,538 $0 0.00%
    $600k-1MM 13 $10,055,000 $773,462 $0 0.00%
    $1MM+ 5 $9,985,000 $1,997,000 $0 0.00%

    2022 saw Lindell Bank & Trust Company place emphasis on $100k-200k loans with 66 originations, totaling $9,370,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 18 $2,390,000 $132,778 $0 0.00%
    $100k-150k 17 $4,005,000 $235,588 $0 0.00%
    $50k-75k 16 $2,890,000 $180,625 $0 0.00%
    $150k-250k 11 $3,455,000 $314,091 $0 0.00%
    $250k+ 11 $3,615,000 $328,636 $0 0.00%
    $50k or less 9 $1,205,000 $133,889 $0 0.00%

    Lindell Bank & Trust Company lent most frequently to those with incomes in the $75k-100k range, with 18 originations. The second most popular income band? $100k-150k, with 17 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 222 $60,660,000 $273,243 $0 0.00%

    Lindell Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 222 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 140 $43,100,000 $307,857 $0 0.00%
    White 72 $15,680,000 $217,778 $0 0.00%
    Asian 5 $665,000 $133,000 $0 0.00%
    Other Asian 1 $465,000 $465,000 $0 0.00%
    Black 2 $350,000 $175,000 $0 0.00%
    Not provided 1 $235,000 $235,000 $0 0.00%
    Asian Indian 1 $165,000 $165,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.37%

    Lindell Bank & Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    92.34%

    Lindell Bank & Trust Company has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 222 $60,660,000 $273,243

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    222 $60,660,000 $273,243