Community Bank Of Louisiana Mortgage Rates, Fees & Info
Mansfield, LALEI: 254900XSTAR7AIPG0A39
Tax ID: 72-0124950
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Community Bank Of Louisiana is a smaller bank specializing in Refi and Cash Out Refi loans. Community Bank Of Louisiana has a high proportion of conventional loans. Their top markets by origination volume include: Shreveport, Lake Charles, Lafayette, Longview, and Minden among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Community Bank Of Louisiana 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.
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Originations
97Origination Dollar Volume (All Markets)
$10,655,000Top 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 |
|---|---|---|---|---|---|
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 88 | $9,520,000 | $108,182 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $515,000 | $103,000 | $0 | 0.00% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Minden, LA (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 97 | $10,655,000 | $109,845 | $0 | 0.00% |
For 2024, Community Bank Of Louisiana's most frequently originated type of loan was Conventional, with 97 originations.
Loan Reason
For 2024, Community Bank Of Louisiana's most frequently cited loan purpose was Refi, with 55 originations. The 2nd most popular reason was Home Purchase, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 97 | $10,655,000 | $109,845 | $0 | 0.00% |
For 2024, Community Bank Of Louisiana's most frequently cited loan duration was Other, with 97 originations.
Loan Sizing
2024 saw Community Bank Of Louisiana place emphasis on $100,000 or less loans with 66 originations, totaling $3,330,000 in origination value.
Applicant Income
Community Bank Of Louisiana lent most frequently to those with incomes in the $100k-150k range, with 11 originations. The second most popular income band? $75k-100k, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 97 | $10,655,000 | $109,845 | $0 | 0.00% |
Community Bank Of Louisiana lent most frequently to those with DTI ratios of Exempt%, with 97 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.79%
Community Bank Of Louisiana has an average approval rate.
Pick Rate
Approvals leading to origination93.81%
Community Bank Of Louisiana has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 97 | $10,655,000 | $109,845 |