Csl Financial Mortgage Rates, Fees & Info

MONTGOMERY, AL

LEI: 5493000V86JDJLM0OV13

Tax ID: 45-5523107

2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Csl Financial is a smaller mortgage company specializing in loans. Csl Financial has a high proportion of conventional loans. Their top markets by origination volume include: Lake Charles, Houston, Lafayette, Baton Rouge, and Birmingham among others. We have data for 131 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Csl Financial 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.

    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 in 2021-- chances are they are still one in 2022.

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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    15 Year Conventional Purchase 9.94% 8/6/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    655

    Origination Dollar Volume (All Markets)

    $53,545,000

    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
    Outside of Metro Areas 144 $11,520,000 $80,000 $0 8.28%
    LAKE CHARLES, LA (FHA|USDA|VA) » 25 $2,145,000 $85,800 $0 8.07%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) » 26 $2,020,000 $77,692 $0 9.00%
    LAFAYETTE, LA (FHA|USDA|VA) » 23 $1,665,000 $72,391 $0 8.32%
    BATON ROUGE, LA (FHA|USDA|VA) » 20 $1,440,000 $72,000 $0 8.59%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) » 14 $1,330,000 $95,000 $0 8.33%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) » 16 $1,310,000 $81,875 $0 8.49%
    HATTIESBURG, MS (FHA|USDA|VA) » 13 $1,045,000 $80,385 $0 8.72%
    Talladega-Sylacauga, AL (FHA|USDA|VA) » 11 $1,015,000 $92,273 $0 8.54%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) » 10 $970,000 $97,000 $0 7.64%
    OKLAHOMA CITY, OK (FHA|USDA|VA) » 11 $845,000 $76,818 $0 8.56%
    ODESSA, TX (FHA|USDA|VA) » 7 $755,000 $107,857 $0 8.31%
    Cullman, AL (FHA|USDA|VA) » 8 $730,000 $91,250 $0 8.52%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) » 7 $705,000 $100,714 $0 7.35%
    Meridian, MS (FHA|USDA|VA) » 9 $695,000 $77,222 $0 8.16%
    MIDLAND, TX (FHA|USDA|VA) » 6 $660,000 $110,000 $0 8.70%
    COLUMBIA, SC (FHA|USDA|VA) » 8 $640,000 $80,000 $0 7.46%
    El Dorado, AR (FHA|USDA|VA) » 8 $620,000 $77,500 $0 8.12%
    Laurel, MS (FHA|USDA|VA) » 8 $600,000 $75,000 $0 7.55%
    MONTGOMERY, AL (FHA|USDA|VA) » 7 $585,000 $83,571 $0 7.74%
    HAMMOND, LA (FHA|USDA|VA) » 6 $580,000 $96,667 $0 8.57%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) » 6 $560,000 $93,333 $0 8.12%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) » 7 $555,000 $79,286 $0 8.06%
    Lumberton, NC (FHA|USDA|VA) » 7 $545,000 $77,857 $0 9.10%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) » 6 $520,000 $86,667 $0 7.99%
    MOBILE, AL (FHA|USDA|VA) » 6 $510,000 $85,000 $0 8.24%
    JACKSON, MS (FHA|USDA|VA) » 5 $495,000 $99,000 $0 8.09%
    PINE BLUFF, AR (FHA|USDA|VA) » 6 $480,000 $80,000 $0 7.32%
    TUSCALOOSA, AL (FHA|USDA|VA) » 6 $470,000 $78,333 $0 7.74%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) » 5 $465,000 $93,000 $0 7.59%
    Shawnee, OK (FHA|USDA|VA) » 3 $455,000 $151,667 $0 7.49%
    HUNTSVILLE, AL (FHA|USDA|VA) » 7 $445,000 $63,571 $0 7.28%
    DeRidder, LA (FHA|USDA|VA) » 4 $440,000 $110,000 $0 7.49%
    Opelousas, LA (FHA|USDA|VA) » 6 $440,000 $73,333 $0 8.70%
    Tupelo, MS (FHA|USDA|VA) » 6 $420,000 $70,000 $0 8.62%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) » 6 $420,000 $70,000 $0 7.37%
    Fort Payne, AL (FHA|USDA|VA) » 6 $410,000 $68,333 $0 8.37%
    DECATUR, AL (FHA|USDA|VA) » 5 $405,000 $81,000 $0 8.44%
    MONROE, LA (FHA|USDA|VA) » 6 $390,000 $65,000 $0 8.87%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) » 5 $385,000 $77,000 $0 8.44%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) » 4 $380,000 $95,000 $0 8.18%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) » 4 $380,000 $95,000 $0 8.49%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) » 5 $365,000 $73,000 $0 7.24%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) » 4 $350,000 $87,500 $0 9.05%
    Searcy, AR (FHA|USDA|VA) » 5 $335,000 $67,000 $0 7.94%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) » 4 $330,000 $82,500 $0 8.62%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) » 4 $320,000 $80,000 $0 7.93%
    Starkville, MS (FHA|USDA|VA) » 3 $305,000 $101,667 $0 7.99%
    Troy, AL (FHA|USDA|VA) » 3 $275,000 $91,667 $0 7.41%
    VICTORIA, TX (FHA|USDA|VA) » 4 $270,000 $67,500 $0 8.43%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) » 3 $245,000 $81,667 $0 7.41%
    FORT SMITH, AR-OK (FHA|USDA|VA) » 3 $245,000 $81,667 $0 8.07%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) » 3 $235,000 $78,333 $0 7.99%
    Lawrenceburg, TN (FHA|USDA|VA) » 2 $230,000 $115,000 $0 7.37%
    Brookhaven, MS (FHA|USDA|VA) » 3 $225,000 $75,000 $0 8.66%
    Bogalusa, LA (FHA|USDA|VA) » 3 $215,000 $71,667 $0 8.41%
    JONESBORO, AR (FHA|USDA|VA) » 2 $210,000 $105,000 $0 7.99%
    Jennings, LA (FHA|USDA|VA) » 2 $210,000 $105,000 $0 7.99%
    GADSDEN, AL (FHA|USDA|VA) » 2 $210,000 $105,000 $0 9.24%
    Lufkin, TX (FHA|USDA|VA) » 2 $200,000 $100,000 $0 7.37%
    Alexander City, AL (FHA|USDA|VA) » 3 $195,000 $65,000 $0 7.57%
    London, KY (FHA|USDA|VA) » 3 $195,000 $65,000 $0 9.24%
    Paducah, KY-IL (FHA|USDA|VA) » 1 $195,000 $195,000 $0 7.99%
    Corsicana, TX (FHA|USDA|VA) » 2 $190,000 $95,000 $0 8.37%
    Kingsville, TX (FHA|USDA|VA) » 1 $185,000 $185,000 $0 7.49%
    TYLER, TX (FHA|USDA|VA) » 3 $185,000 $61,667 $0 8.32%
    FAYETTEVILLE, NC (FHA|USDA|VA) » 2 $180,000 $90,000 $0 7.62%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) » 2 $180,000 $90,000 $0 8.12%
    Summerville, GA (FHA|USDA|VA) » 2 $180,000 $90,000 $0 8.99%
    Danville, KY (FHA|USDA|VA) » 1 $175,000 $175,000 $0 7.74%
    LONGVIEW, TX (FHA|USDA|VA) » 2 $170,000 $85,000 $0 7.99%
    Camden, AR (FHA|USDA|VA) » 2 $170,000 $85,000 $0 7.62%
    ROCKY MOUNT, NC (FHA|USDA|VA) » 2 $160,000 $80,000 $0 7.87%
    TULSA, OK (FHA|USDA|VA) » 1 $155,000 $155,000 $0 7.49%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) » 3 $155,000 $51,667 $0 7.66%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) » 2 $150,000 $75,000 $0 8.74%
    Cleveland, MS (FHA|USDA|VA) » 2 $140,000 $70,000 $0 8.99%
    DOTHAN, AL (FHA|USDA|VA) » 2 $140,000 $70,000 $0 6.74%
    Brevard, NC (FHA|USDA|VA) » 1 $135,000 $135,000 $0 6.99%
    Huntsville, TX (FHA|USDA|VA) » 1 $135,000 $135,000 $0 7.24%
    Georgetown, SC (FHA|USDA|VA) » 1 $135,000 $135,000 $0 8.99%
    Pecos, TX (FHA|USDA|VA) » 2 $130,000 $65,000 $0 9.12%
    GREENVILLE, NC (FHA|USDA|VA) » 2 $130,000 $65,000 $0 7.37%
    Forrest City, AR (FHA|USDA|VA) » 2 $120,000 $60,000 $0 9.24%
    Ozark, AL (FHA|USDA|VA) » 1 $115,000 $115,000 $0 6.74%
    Helena-West Helena, AR (FHA|USDA|VA) » 1 $105,000 $105,000 $0 7.24%
    Morgan City, LA (FHA|USDA|VA) » 1 $105,000 $105,000 $0 9.99%
    KNOXVILLE, TN (FHA|USDA|VA) » 1 $95,000 $95,000 $0 10.99%
    Alice, TX (FHA|USDA|VA) » 1 $95,000 $95,000 $0 6.49%
    Ruston, LA (FHA|USDA|VA) » 2 $90,000 $45,000 $0 9.24%
    CORPUS CHRISTI, TX (FHA|USDA|VA) » 2 $90,000 $45,000 $0 10.37%
    Clarksdale, MS (FHA|USDA|VA) » 1 $85,000 $85,000 $0 8.99%
    Kinston, NC (FHA|USDA|VA) » 1 $85,000 $85,000 $0 7.49%
    McAlester, OK (FHA|USDA|VA) » 1 $85,000 $85,000 $0 7.24%
    Morehead City, NC (FHA|USDA|VA) » 1 $85,000 $85,000 $0 9.99%
    FLORENCE, SC (FHA|USDA|VA) » 1 $85,000 $85,000 $0 7.99%
    Harrison, AR (FHA|USDA|VA) » 1 $85,000 $85,000 $0 7.24%
    Albertville, AL (FHA|USDA|VA) » 1 $85,000 $85,000 $0 7.24%
    Port Lavaca, TX (FHA|USDA|VA) » 1 $85,000 $85,000 $0 7.49%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) » 2 $80,000 $40,000 $0 9.12%
    Grenada, MS (FHA|USDA|VA) » 1 $75,000 $75,000 $0 7.49%
    LaGrange, GA-AL (FHA|USDA|VA) » 1 $75,000 $75,000 $0 7.49%
    SHERMAN-DENISON, TX (FHA|USDA|VA) » 1 $75,000 $75,000 $0 9.99%
    Campbellsville, KY (FHA|USDA|VA) » 1 $75,000 $75,000 $0 7.49%
    ALEXANDRIA, LA (FHA|USDA|VA) » 1 $75,000 $75,000 $0 7.99%
    Duncan, OK (FHA|USDA|VA) » 1 $75,000 $75,000 $0 9.99%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) » 1 $75,000 $75,000 $0 8.99%
    Cedartown, GA (FHA|USDA|VA) » 1 $75,000 $75,000 $0 9.49%
    Natchitoches, LA (FHA|USDA|VA) » 1 $75,000 $75,000 $0 7.49%
    EL PASO, TX (FHA|USDA|VA) » 1 $65,000 $65,000 $0 8.24%
    LAWTON, OK (FHA|USDA|VA) » 1 $65,000 $65,000 $0 8.24%
    Hope, AR (FHA|USDA|VA) » 1 $65,000 $65,000 $0 7.49%
    Magnolia, AR (FHA|USDA|VA) » 1 $65,000 $65,000 $0 7.74%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) » 1 $65,000 $65,000 $0 8.99%
    GOLDSBORO, NC (FHA|USDA|VA) » 1 $65,000 $65,000 $0 8.99%
    Fort Polk South, LA (FHA|USDA|VA) » 1 $65,000 $65,000 $0 8.74%
    Orangeburg, SC (FHA|USDA|VA) » 1 $65,000 $65,000 $0 8.24%
    Palestine, TX (FHA|USDA|VA) » 1 $65,000 $65,000 $0 8.99%
    Rio Grande City-Roma, TX (FHA|USDA|VA) » 1 $65,000 $65,000 $0 9.49%
    Rockingham, NC (FHA|USDA|VA) » 1 $65,000 $65,000 $0 8.24%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) » 1 $65,000 $65,000 $0 7.24%
    Scottsboro, AL (FHA|USDA|VA) » 1 $55,000 $55,000 $0 7.49%
    Jasper, AL (FHA|USDA|VA) » 1 $55,000 $55,000 $0 7.24%
    LAREDO, TX (FHA|USDA|VA) » 1 $55,000 $55,000 $0 7.99%
    Picayune, MS (FHA|USDA|VA) » 1 $55,000 $55,000 $0 7.99%
    Pearsall, TX (FHA|USDA|VA) » 1 $55,000 $55,000 $0 9.74%
    Natchez, MS-LA (FHA|USDA|VA) » 1 $55,000 $55,000 $0 7.99%
    ASHEVILLE, NC (FHA|USDA|VA) » 1 $55,000 $55,000 $0 7.99%
    Greenwood, SC (FHA|USDA|VA) » 1 $55,000 $55,000 $0 8.24%
    ABILENE, TX (FHA|USDA|VA) » 1 $45,000 $45,000 $0 9.24%
    Enterprise, AL (FHA|USDA|VA) » 1 $45,000 $45,000 $0 8.99%

    Csl Financial 's top markets include Lake Charles, Houston, Lafayette, Baton Rouge, and Birmingham among others.

    Product Mix

    Loan Type Originations Total Value Average Loan Average Fees Average Rate
    Conventional » 655 $53,545,000 $81,748 $0 8.25%

    For the 2021 period, Csl Financial 's most frequently originated loan type of loans were Conventional, with 655 originations.

    Loan Reason

    Loan Reason Originations Total Value Average Loan Average Fees Average Rate
    Home Purchase » 655 $53,545,000 $81,748 $0 8.25%

    For the 2021, Csl Financial 's most frequently cited loan purpose of loans were Home Purchase, with 655 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other » 648 $53,180,000 $82,068 $0 8.24%
    20 Year » 5 $255,000 $51,000 $0 10.14%
    15 Year » 2 $110,000 $55,000 $0 8.12%

    For the 2021, Csl Financial 's most frequently cited loan length of loans were Other, with 648 originations. The 2nd most popular length of loans were 20 Year, with 5 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    7-8% » 347 $32,475,000 $93,588
    Over 8% » 244 $16,930,000 $69,385
    6-7% » 51 $3,495,000 $68,529
    5-6% » 13 $645,000 $49,615

    During 2021, Csl Financial 's average interest rate of loans were 0.00%, while their most frequently originated rate bucket of loans were 7-8%, with 347 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less » 515 $35,135,000 $68,223 $0 8.35%
    $100k-200k » 136 $17,540,000 $128,971 $0 7.90%
    $200k-400k » 4 $870,000 $217,500 $0 7.43%

    2021 saw Csl Financial place emphasis on $100,000 or less loans with 515 originations, totaling $35,135,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less » 318 $22,200,000 $69,811 $0 8.40%
    $50k-75k » 175 $15,295,000 $87,400 $0 8.20%
    $75k-100k » 79 $7,775,000 $98,418 $0 8.04%
    $100k-150k » 62 $6,150,000 $99,194 $0 7.98%
    $150k-250k » 19 $1,995,000 $105,000 $0 8.00%
    $250k+ » 2 $130,000 $65,000 $0 6.99%

    Csl Financial lent most frequently to those with incomes in the $50k or less range, with 318 originations. The second most popular income band? $50k-75k, with 175 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% » 148 $11,600,000 $78,378 $0 8.27%
    30-36% » 144 $11,890,000 $82,569 $0 8.27%
    42% » 70 $5,810,000 $83,000 $0 8.39%
    41% » 58 $4,670,000 $80,517 $0 8.41%
    <20% » 45 $2,815,000 $62,556 $0 7.95%
    36% » 42 $3,590,000 $85,476 $0 8.14%
    38% » 41 $3,585,000 $87,439 $0 8.32%
    39% » 41 $3,835,000 $93,537 $0 8.04%
    40% » 36 $3,030,000 $84,167 $0 8.19%
    37% » 30 $2,720,000 $90,667 $0 8.31%

    Csl Financial lent most frequently to those with DTI ratios of 20-30%, with 148 originations. The next most common DTI ratio? 30-36%, with 144 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White » 459 $37,885,000 $82,538 $0 8.08%
    Black » 129 $10,245,000 $79,419 $0 8.69%
    Not provided » 50 $4,100,000 $82,000 $0 8.70%
    American Indian » 12 $840,000 $70,000 $0 8.59%
    Asian » 3 $295,000 $98,333 $0 7.66%
    Native Hawaiian or Islander » 2 $180,000 $90,000 $0 6.87%

    Approval Rates

    Total approvals of all applications
    75.25%

    Csl Financial has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    59.39%

    Csl Financial has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 655 $53,545,000 $81,748

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    » 655 $53,545,000 $81,748