Community Bank Of Louisiana Mortgage Rates, Fees & Info

Mansfield, LA

LEI: 254900XSTAR7AIPG0A39

Tax ID: 72-0124950

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

Review & Overview

Community Bank Of Louisiana is a smaller bank specializing in Refi and Home Purchase loans. Community Bank Of Louisiana has a high proportion of conventional loans. Their top markets by origination volume include: Shreveport, Arkadelphia, Minden, and Longview among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

Community Bank Of Louisiana has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.

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Originations

102

Origination Dollar Volume (All Markets)

$11,250,000

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
SHREVEPORT-BOSSIER CITY, LA (FHA\|USDA\|VA)	85	$9,545,000	$112,294	$0	0.00%
Outside of Metro Areas	13	$1,315,000	$101,154	$0	0.00%
Arkadelphia, AR (FHA\|USDA\|VA)	1	$175,000	$175,000	$0	0.00%
Minden, LA (FHA\|USDA\|VA)	2	$140,000	$70,000	$0	0.00%
LONGVIEW, TX (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	0.00%

Community Bank Of Louisiana's top markets include Shreveport, Arkadelphia, Minden, and Longview among others.

Their top states include:

Louisiana (FHA|USDA|VA)

Arkansas (FHA|USDA|VA)

Texas (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	102	$11,250,000	$110,294	$0	0.00%

For 2022, Community Bank Of Louisiana's most frequently originated type of loan was Conventional, with 102 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Refi	46	$5,080,000	$110,435	$0	0.00%
Home Purchase	35	$3,775,000	$107,857	$0	0.00%
Cash Out Refi	14	$2,000,000	$142,857	$0	0.00%
Home Improvement	5	$335,000	$67,000	$0	0.00%
Other	2	$60,000	$30,000	$0	0.00%

For 2022, Community Bank Of Louisiana's most frequently cited loan purpose was Refi, with 46 originations. The 2nd most popular reason was Home Purchase, with 35 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	102	$11,250,000	$110,294	$0	0.00%

For 2022, Community Bank Of Louisiana's most frequently cited loan duration was Other, with 102 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	63	$3,155,000	$50,079	$0	0.00%
$100k-200k	22	$3,020,000	$137,273	$0	0.00%
$200k-400k	14	$3,780,000	$270,000	$0	0.00%
$400k-600k	3	$1,295,000	$431,667	$0	0.00%

2022 saw Community Bank Of Louisiana place emphasis on $100,000 or less loans with 63 originations, totaling $3,155,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	13	$635,000	$48,846	$0	0.00%
$150k-250k	11	$1,465,000	$133,182	$0	0.00%
$100k-150k	10	$990,000	$99,000	$0	0.00%
$75k-100k	10	$790,000	$79,000	$0	0.00%
$50k-75k	9	$405,000	$45,000	$0	0.00%
$250k+	2	$190,000	$95,000	$0	0.00%

Community Bank Of Louisiana lent most frequently to those with incomes in the $50k or less range, with 13 originations. The second most popular income band? $150k-250k, with 11 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	102	$11,250,000	$110,294	$0	0.00%

Community Bank Of Louisiana lent most frequently to those with DTI ratios of Exempt%, with 102 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
Not applicable	45	$6,565,000	$145,889	$0	0.00%
White	48	$3,710,000	$77,292	$0	0.00%
Black	6	$810,000	$135,000	$0	0.00%
Not provided	1	$105,000	$105,000	$0	0.00%
American Indian	2	$60,000	$30,000	$0	0.00%

Approval Rates

Total approvals of all applications
89.26%

Community Bank Of Louisiana has an average approval rate.

Pick Rate

Approvals leading to origination
94.12%

Community Bank Of Louisiana has an average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
Exempt	102	$11,250,000	$110,294

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	102	$11,250,000	$110,294

Complaints

Bank Name	Product	Issue	2022 CPFB Complaints	% of Total Issues
Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC)	FHA mortgage	Struggling to pay mortgage	2	66.7%
Community Loan Servicing, LLC (formerly known as Bayview Loan Servicing, LLC)	Other type of mortgage	Trouble during payment process	1	33.3%