Liberty Bank Mortgage Rates, Fees & Info

Ironton, OH

LEI: 254900Q1G2KB2C5CMN65

Tax ID: 31-4234765

Latest/2024 | 2023 Data | 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
  • Similar Lenders
  • 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

    Liberty Bank is a smaller bank specializing in Refi loans. Liberty Bank has a high proportion of conventional loans. Their top two markets are Huntington and Portsmouth .

    Liberty Bank has an average approval rate when compared to the average across all lenders. They have an 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

    21

    Origination Dollar Volume (All Markets)

    $3,895,000

    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
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 20 $3,640,000 $182,000 $0 0.00%
    Portsmouth, OH (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
    Liberty Bank's top markets include Huntington and Portsmouth among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Liberty Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Huntington Federal Savings Bank
    Similarity Rank: 24
    The Ohio Valley Bank Company
    Similarity Rank: 135
    MEMBERS CHOICE
    Similarity Rank: 162
    DESCO
    Similarity Rank: 224
    City National Bank of West Virginia
    Similarity Rank: 328
    Community Trust Bank, Inc.
    Similarity Rank: 462
    ASHLAND Credit Union
    Similarity Rank: 990
    Victorian Finance, LLC
    Similarity Rank: 1014
    United Bank
    Similarity Rank: 1200
    MYCUMORTGAGE, LLC
    Similarity Rank: 1683

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 21 $3,895,000 $185,476 $0 0.00%

    For 2024, Liberty Bank's most frequently originated type of loan was Conventional, with 21 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 15 $3,145,000 $209,667 $0 0.00%
    Home Purchase 5 $735,000 $147,000 $0 0.00%
    Home Improvement 1 $15,000 $15,000 $0 0.00%

    For 2024, Liberty Bank's most frequently cited loan purpose was Refi, with 15 originations. The 2nd most popular reason was Home Purchase, with 5 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 21 $3,895,000 $185,476 $0 0.00%

    For 2024, Liberty Bank's most frequently cited loan duration was Other, with 21 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 7 $425,000 $60,714 $0 0.00%
    $200k-400k 7 $1,865,000 $266,429 $0 0.00%
    $100k-200k 5 $775,000 $155,000 $0 0.00%
    $400k-600k 2 $830,000 $415,000 $0 0.00%

    2024 saw Liberty Bank place emphasis on $100,000 or less loans with 7 originations, totaling $425,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 8 $1,510,000 $188,750 $0 0.00%
    $150k-250k 5 $1,125,000 $225,000 $0 0.00%
    $50k-75k 3 $365,000 $121,667 $0 0.00%
    $250k+ 2 $630,000 $315,000 $0 0.00%
    $75k-100k 2 $180,000 $90,000 $0 0.00%
    $50k or less 1 $85,000 $85,000 $0 0.00%

    Liberty Bank lent most frequently to those with incomes in the $100k-150k range, with 8 originations. The second most popular income band? $150k-250k, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 21 $3,895,000 $185,476 $0 0.00%

    Liberty Bank lent most frequently to those with DTI ratios of Exempt%, with 21 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 21 $3,895,000 $185,476 $0 0.00%

    Approval Rates

    Total approvals of all applications
    82.14%

    Liberty Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    90.48%

    Liberty Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 21 $3,895,000 $185,476

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    21 $3,895,000 $185,476