Csl Financial Mortgage Rates, Fees & Info

MONTGOMERY, AL

LEI: 5493000V86JDJLM0OV13

Tax ID: 45-5523107

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Csl Financial is a smaller mortgage company specializing in Home Purchase loans. Csl Financial has a high proportion of conventional loans. Their top markets by origination volume include: Midland, Houston, Odessa, Austin, and Talladega among others. We have data for 141 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 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

821

Origination Dollar Volume (All Markets)

$48,085,000

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	186	$10,920,000	$58,710	$0	9.28%
MIDLAND, TX (FHA\|USDA\|VA)	37	$2,265,000	$61,216	$0	10.67%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	28	$1,630,000	$58,214	$0	9.80%
ODESSA, TX (FHA\|USDA\|VA)	20	$1,430,000	$71,500	$0	9.68%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	22	$1,380,000	$62,727	$0	9.56%
Talladega-Sylacauga, AL (FHA\|USDA\|VA)	20	$1,370,000	$68,500	$0	9.38%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	25	$1,365,000	$54,600	$0	9.57%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	20	$1,240,000	$62,000	$0	8.94%
LAFAYETTE, LA (FHA\|USDA\|VA)	20	$1,130,000	$56,500	$0	10.00%
BATON ROUGE, LA (FHA\|USDA\|VA)	20	$1,110,000	$55,500	$0	10.12%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	15	$935,000	$62,333	$0	9.47%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	14	$840,000	$60,000	$0	10.01%
Lumberton, NC (FHA\|USDA\|VA)	14	$790,000	$56,429	$0	10.22%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA\|USDA\|VA)	12	$700,000	$58,333	$0	9.03%
London, KY (FHA\|USDA\|VA)	11	$665,000	$60,455	$0	9.44%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	8	$620,000	$77,500	$0	9.43%
TUSCALOOSA, AL (FHA\|USDA\|VA)	11	$605,000	$55,000	$0	9.54%
ANNISTON-OXFORD, AL (FHA\|USDA\|VA)	8	$570,000	$71,250	$0	9.55%
SHREVEPORT-BOSSIER CITY, LA (FHA\|USDA\|VA)	10	$500,000	$50,000	$0	9.19%
COLUMBIA, SC (FHA\|USDA\|VA)	8	$430,000	$53,750	$0	9.62%
ALEXANDRIA, LA (FHA\|USDA\|VA)	6	$430,000	$71,667	$0	9.28%
Searcy, AR (FHA\|USDA\|VA)	6	$420,000	$70,000	$0	9.03%
Meridian, MS (FHA\|USDA\|VA)	9	$415,000	$46,111	$0	9.21%
DOTHAN, AL (FHA\|USDA\|VA)	6	$410,000	$68,333	$0	8.91%
TEXARKANA, TX-AR (FHA\|USDA\|VA)	6	$410,000	$68,333	$0	9.32%
VICTORIA, TX (FHA\|USDA\|VA)	6	$370,000	$61,667	$0	9.57%
MOBILE, AL (FHA\|USDA\|VA)	6	$370,000	$61,667	$0	9.28%
BEAUMONT-PORT ARTHUR, TX (FHA\|USDA\|VA)	6	$360,000	$60,000	$0	8.91%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA\|USDA\|VA)	8	$360,000	$45,000	$0	9.80%
LAKE CHARLES, LA (FHA\|USDA\|VA)	7	$345,000	$49,286	$0	9.28%
JACKSON, MS (FHA\|USDA\|VA)	4	$320,000	$80,000	$0	9.37%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	6	$320,000	$53,333	$0	10.99%
HATTIESBURG, MS (FHA\|USDA\|VA)	6	$310,000	$51,667	$0	10.20%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	5	$305,000	$61,000	$0	8.64%
Orangeburg, SC (FHA\|USDA\|VA)	5	$305,000	$61,000	$0	8.64%
MONROE, LA (FHA\|USDA\|VA)	7	$285,000	$40,714	$0	9.92%
Tupelo, MS (FHA\|USDA\|VA)	6	$280,000	$46,667	$0	10.20%
HAMMOND, LA (FHA\|USDA\|VA)	6	$270,000	$45,000	$0	11.74%
MCALLEN-EDINBURG-MISSION, TX (FHA\|USDA\|VA)	5	$265,000	$53,000	$0	10.04%
DECATUR, AL (FHA\|USDA\|VA)	5	$265,000	$53,000	$0	8.89%
Ruston, LA (FHA\|USDA\|VA)	5	$255,000	$51,000	$0	9.19%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA\|USDA\|VA)	5	$235,000	$47,000	$0	10.29%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	3	$235,000	$78,333	$0	7.82%
LOUISVILLE, KY (FHA\|USDA\|VA)	3	$235,000	$78,333	$0	7.91%
El Dorado, AR (FHA\|USDA\|VA)	4	$230,000	$57,500	$0	8.99%
FLORENCE, SC (FHA\|USDA\|VA)	3	$225,000	$75,000	$0	9.57%
Jasper, AL (FHA\|USDA\|VA)	3	$225,000	$75,000	$0	9.66%
DeRidder, LA (FHA\|USDA\|VA)	3	$225,000	$75,000	$0	10.49%
FAYETTEVILLE, NC (FHA\|USDA\|VA)	4	$220,000	$55,000	$0	9.74%
Albertville, AL (FHA\|USDA\|VA)	3	$215,000	$71,667	$0	8.82%
Cullman, AL (FHA\|USDA\|VA)	4	$210,000	$52,500	$0	10.68%
FORT SMITH, AR-OK (FHA\|USDA\|VA)	5	$205,000	$41,000	$0	9.79%
Opelousas, LA (FHA\|USDA\|VA)	4	$190,000	$47,500	$0	10.93%
Somerset, KY (FHA\|USDA\|VA)	3	$185,000	$61,667	$0	9.24%
Lawrenceburg, TN (FHA\|USDA\|VA)	3	$185,000	$61,667	$0	8.41%
ABILENE, TX (FHA\|USDA\|VA)	3	$175,000	$58,333	$0	10.16%
WILMINGTON, NC (FHA\|USDA\|VA)	3	$165,000	$55,000	$0	9.41%
Enterprise, AL (FHA\|USDA\|VA)	3	$165,000	$55,000	$0	9.66%
Forrest City, AR (FHA\|USDA\|VA)	3	$165,000	$55,000	$0	9.74%
Summerville, GA (FHA\|USDA\|VA)	5	$165,000	$33,000	$0	8.84%
Fort Polk South, LA (FHA\|USDA\|VA)	3	$155,000	$51,667	$0	10.16%
SUMTER, SC (FHA\|USDA\|VA)	2	$150,000	$75,000	$0	9.24%
MONTGOMERY, AL (FHA\|USDA\|VA)	2	$150,000	$75,000	$0	8.99%
Camden, AR (FHA\|USDA\|VA)	2	$150,000	$75,000	$0	8.74%
FLORENCE-MUSCLE SHOALS, AL (FHA\|USDA\|VA)	4	$150,000	$37,500	$0	8.74%
Scottsboro, AL (FHA\|USDA\|VA)	2	$140,000	$70,000	$0	8.49%
Alexander City, AL (FHA\|USDA\|VA)	3	$135,000	$45,000	$0	10.74%
Nacogdoches, TX (FHA\|USDA\|VA)	2	$130,000	$65,000	$0	9.99%
NEW BERN, NC (FHA\|USDA\|VA)	2	$120,000	$60,000	$0	8.62%
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	2	$120,000	$60,000	$0	9.37%
Georgetown, SC (FHA\|USDA\|VA)	2	$120,000	$60,000	$0	9.62%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA\|USDA\|VA)	2	$120,000	$60,000	$0	8.87%
Jennings, LA (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	8.24%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	6.99%
CINCINNATI, OH-KY-IN (FHA\|USDA\|VA)	3	$115,000	$38,333	$0	9.49%
LONGVIEW, TX (FHA\|USDA\|VA)	3	$115,000	$38,333	$0	10.74%
Lufkin, TX (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	7.74%
Brookhaven, MS (FHA\|USDA\|VA)	2	$110,000	$55,000	$0	10.87%
Corsicana, TX (FHA\|USDA\|VA)	2	$110,000	$55,000	$0	9.12%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	2	$110,000	$55,000	$0	8.12%
LAREDO, TX (FHA\|USDA\|VA)	3	$105,000	$35,000	$0	10.24%
Mount Sterling, KY (FHA\|USDA\|VA)	3	$105,000	$35,000	$0	9.91%
BROWNSVILLE-HARLINGEN, TX (FHA\|USDA\|VA)	2	$100,000	$50,000	$0	12.62%
WACO, TX (FHA\|USDA\|VA)	2	$100,000	$50,000	$0	8.62%
TULSA, OK (FHA\|USDA\|VA)	2	$100,000	$50,000	$0	9.62%
Laurel, MS (FHA\|USDA\|VA)	2	$100,000	$50,000	$0	9.37%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	2	$100,000	$50,000	$0	9.62%
Beeville, TX (FHA\|USDA\|VA)	2	$100,000	$50,000	$0	9.74%
Selma, AL (FHA\|USDA\|VA)	2	$100,000	$50,000	$0	9.12%
Ardmore, OK (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	7.49%
Fort Payne, AL (FHA\|USDA\|VA)	2	$90,000	$45,000	$0	8.49%
Weatherford, OK (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	7.99%
Tahlequah, OK (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	8.49%
Mineral Wells, TX (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	7.99%
ROCKY MOUNT, NC (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	7.74%
Shawnee, OK (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	8.24%
Port Lavaca, TX (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	10.24%
Starkville, MS (FHA\|USDA\|VA)	2	$80,000	$40,000	$0	11.24%
Ada, OK (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	9.49%
Huntsville, TX (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	9.99%
Greenwood, SC (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	9.49%
KNOXVILLE, TN (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	7.99%
Laurinburg, NC (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	7.74%
EL PASO, TX (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	9.99%
Newberry, SC (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	9.99%
WICHITA FALLS, TX (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	8.49%
West Point, MS (FHA\|USDA\|VA)	2	$70,000	$35,000	$0	11.99%
AUBURN-OPELIKA, AL (FHA\|USDA\|VA)	2	$70,000	$35,000	$0	10.87%
Stillwater, OK (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	9.99%
Russellville, AR (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	7.74%
Helena-West Helena, AR (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	8.24%
Muskogee, OK (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	7.49%
Natchitoches, LA (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	11.24%
Washington, NC (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	8.49%
Gaffney, SC (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	9.49%
Seneca, SC (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	8.49%
Bennettsville, SC (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	8.49%
LAWTON, OK (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	9.99%
Dumas, TX (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	8.99%
Malvern, AR (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	10.49%
Corinth, MS (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	11.24%
CORPUS CHRISTI, TX (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	10.99%
Morgan City, LA (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	8.24%
Magnolia, AR (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	8.49%
Eufaula, AL-GA (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	8.99%
LaGrange, GA-AL (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	8.49%
Troy, AL (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	9.24%
Andrews, TX (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	11.49%
JACKSONVILLE, NC (FHA\|USDA\|VA)	1	$55,000	$55,000	$0	8.49%
ROME, GA (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	7.49%
Kinston, NC (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	11.24%
Uvalde, TX (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	11.49%
BOWLING GREEN, KY (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	7.74%
SPARTANBURG, SC (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	6.74%
Harrison, AR (FHA\|USDA\|VA)	1	$35,000	$35,000	$0	9.74%
Hope, AR (FHA\|USDA\|VA)	1	$35,000	$35,000	$0	9.49%
HOT SPRINGS, AR (FHA\|USDA\|VA)	1	$35,000	$35,000	$0	9.49%
Richmond-Berea, KY (FHA\|USDA\|VA)	1	$35,000	$35,000	$0	8.99%
Rio Grande City-Roma, TX (FHA\|USDA\|VA)	1	$25,000	$25,000	$0	9.74%
Danville, KY (FHA\|USDA\|VA)	1	$15,000	$15,000	$0	6.99%
Crossville, TN (FHA\|USDA\|VA)	1	$15,000	$15,000	$0	6.99%

Csl Financial's top markets include Midland, Houston, Odessa, Austin, and Talladega among others.

Their top states include:

Texas (FHA|USDA|VA)

Alabama (FHA|USDA|VA)

Louisiana (FHA|USDA|VA)

South Carolina (FHA|USDA|VA)

Mississippi (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	821	$48,085,000	$58,569	$0	9.54%

For 2019, Csl Financial's most frequently originated type of loan was Conventional, with 821 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	821	$48,085,000	$58,569	$0	9.54%

For 2019, Csl Financial's most frequently cited loan purpose was Home Purchase, with 821 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	811	$47,655,000	$58,761	$0	9.55%
10 Year	6	$180,000	$30,000	$0	8.62%
15 Year	2	$100,000	$50,000	$0	8.12%
20 Year	2	$150,000	$75,000	$0	9.37%

For 2019, Csl Financial's most frequently cited loan duration was Other, with 811 originations. The 2nd most popular length was 10 Year, with 6 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
Over 8%	645	$35,745,000	$55,419
7-8%	155	$11,055,000	$71,323
6-7%	21	$1,285,000	$61,190

During 2019, Csl Financial's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 645 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	786	$44,050,000	$56,043	$0	9.60%
$100k-200k	35	$4,035,000	$115,286	$0	8.15%

2019 saw Csl Financial place emphasis on $100,000 or less loans with 786 originations, totaling $44,050,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	464	$24,300,000	$52,371	$0	9.73%
$50k-75k	200	$12,900,000	$64,500	$0	9.38%
$75k-100k	88	$6,080,000	$69,091	$0	9.34%
$100k-150k	49	$3,515,000	$71,735	$0	9.01%
$150k-250k	18	$1,160,000	$64,444	$0	9.02%
$250k+	2	$130,000	$65,000	$0	8.24%

Csl Financial lent most frequently to those with incomes in the $50k or less range, with 464 originations. The second most popular income band? $50k-75k, with 200 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
30-36%	217	$12,695,000	$58,502	$0	9.61%
20-30%	202	$11,420,000	$56,535	$0	9.62%
42%	86	$5,060,000	$58,837	$0	9.56%
<20%	66	$3,550,000	$53,788	$0	9.08%
41%	52	$3,250,000	$62,500	$0	9.46%
40%	46	$2,820,000	$61,304	$0	9.67%
38%	44	$2,820,000	$64,091	$0	9.65%
37%	38	$2,530,000	$66,579	$0	9.45%
36%	37	$2,065,000	$55,811	$0	9.38%
39%	33	$1,875,000	$56,818	$0	9.48%

Csl Financial lent most frequently to those with DTI ratios of 30-36%, with 217 originations. The next most common DTI ratio? 20-30%, with 202 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	619	$36,315,000	$58,667	$0	9.42%
Black	116	$6,660,000	$57,414	$0	10.11%
Not provided	56	$3,380,000	$60,357	$0	9.64%
American Indian	28	$1,610,000	$57,500	$0	9.53%
Asian	2	$120,000	$60,000	$0	10.49%

Approval Rates

Total approvals of all applications
88.64%

Csl Financial has an average approval rate.

Pick Rate

Approvals leading to origination
50.79%

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	821	$48,085,000	$58,569

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Single Family (1-4 Units):Manufactured	821	$48,085,000	$58,569