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: Houston, San Antonio, Austin, Lafayette, and Birmingham among others. We have data for 149 markets. (Some data included below & more in-depth data is available with an active subscription.)

Csl Financial has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

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Originations

774

Origination Dollar Volume (All Markets)

$78,380,000

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	174	$18,130,000	$104,195	$1,840	9.26%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	49	$5,135,000	$104,796	$1,459	9.11%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	26	$3,000,000	$115,385	$1,587	9.66%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	19	$2,475,000	$130,263	$945	9.33%
LAFAYETTE, LA (FHA\|USDA\|VA)	22	$2,140,000	$97,273	$2,163	9.23%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	16	$1,520,000	$95,000	$1,890	9.39%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	15	$1,515,000	$101,000	$786	8.70%
BATON ROUGE, LA (FHA\|USDA\|VA)	18	$1,510,000	$83,889	$1,775	9.62%
ODESSA, TX (FHA\|USDA\|VA)	11	$1,355,000	$123,182	$2,583	10.13%
DECATUR, AL (FHA\|USDA\|VA)	15	$1,345,000	$89,667	$1,283	9.40%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	11	$1,105,000	$100,455	$1,989	9.52%
Opelousas, LA (FHA\|USDA\|VA)	11	$1,025,000	$93,182	$2,649	9.90%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	7	$935,000	$133,571	$2,458	8.85%
JACKSON, MS (FHA\|USDA\|VA)	6	$830,000	$138,333	$3,311	9.65%
SHREVEPORT-BOSSIER CITY, LA (FHA\|USDA\|VA)	8	$820,000	$102,500	$2,638	9.12%
TULSA, OK (FHA\|USDA\|VA)	6	$800,000	$133,333	$1,672	8.62%
HOUMA-THIBODAUX, LA (FHA\|USDA\|VA)	15	$775,000	$51,667	$1,007	9.68%
HUNTSVILLE, AL (FHA\|USDA\|VA)	8	$760,000	$95,000	$1,869	9.12%
Laurel, MS (FHA\|USDA\|VA)	8	$750,000	$93,750	$2,097	9.60%
London, KY (FHA\|USDA\|VA)	7	$745,000	$106,429	$1,899	8.40%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA\|USDA\|VA)	8	$720,000	$90,000	$2,162	9.48%
ALEXANDRIA, LA (FHA\|USDA\|VA)	7	$705,000	$100,714	$1,356	8.93%
MIDLAND, TX (FHA\|USDA\|VA)	6	$680,000	$113,333	$2,895	9.94%
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	6	$660,000	$110,000	$1,460	9.78%
FORT SMITH, AR-OK (FHA\|USDA\|VA)	6	$620,000	$103,333	$1,033	8.75%
Cullman, AL (FHA\|USDA\|VA)	6	$620,000	$103,333	$1,419	9.73%
Picayune, MS (FHA\|USDA\|VA)	6	$610,000	$101,667	$1,459	8.62%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	7	$605,000	$86,429	$1,242	9.15%
MONROE, LA (FHA\|USDA\|VA)	7	$595,000	$85,000	$1,282	9.39%
Huntsville, TX (FHA\|USDA\|VA)	4	$580,000	$145,000	$1,054	10.00%
Tupelo, MS (FHA\|USDA\|VA)	5	$565,000	$113,000	$3,066	8.89%
CHATTANOOGA, TN-GA (FHA\|USDA\|VA)	5	$565,000	$113,000	$3,697	10.17%
HATTIESBURG, MS (FHA\|USDA\|VA)	6	$560,000	$93,333	$2,214	9.72%
TYLER, TX (FHA\|USDA\|VA)	8	$560,000	$70,000	$673	8.89%
VICTORIA, TX (FHA\|USDA\|VA)	6	$540,000	$90,000	$506	8.88%
Meridian, MS (FHA\|USDA\|VA)	6	$500,000	$83,333	$1,550	9.33%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA\|USDA\|VA)	4	$480,000	$120,000	$2,586	9.37%
JACKSONVILLE, FL (FHA\|USDA\|VA)	4	$470,000	$117,500	$1,958	8.20%
Morehead City, NC (FHA\|USDA\|VA)	4	$470,000	$117,500	$1,514	9.60%
Talladega-Sylacauga, AL (FHA\|USDA\|VA)	5	$465,000	$93,000	$1,259	8.97%
COLUMBIA, SC (FHA\|USDA\|VA)	4	$450,000	$112,500	$1,506	8.72%
GAINESVILLE, FL (FHA\|USDA\|VA)	3	$425,000	$141,667	$2,399	8.47%
Lumberton, NC (FHA\|USDA\|VA)	5	$415,000	$83,000	$0	9.84%
BEAUMONT-PORT ARTHUR, TX (FHA\|USDA\|VA)	5	$405,000	$81,000	$689	9.40%
Statesboro, GA (FHA\|USDA\|VA)	3	$405,000	$135,000	$1,585	9.32%
McComb, MS (FHA\|USDA\|VA)	4	$390,000	$97,500	$1,608	9.54%
HAMMOND, LA (FHA\|USDA\|VA)	4	$390,000	$97,500	$851	8.88%
RALEIGH-CARY, NC (FHA\|USDA\|VA)	4	$390,000	$97,500	$1,220	9.85%
LONGVIEW, TX (FHA\|USDA\|VA)	4	$380,000	$95,000	$1,098	10.63%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	3	$345,000	$115,000	$0	9.96%
Rockport, TX (FHA\|USDA\|VA)	3	$345,000	$115,000	$1,187	10.34%
CORPUS CHRISTI, TX (FHA\|USDA\|VA)	3	$335,000	$111,667	$3,084	8.19%
Minden, LA (FHA\|USDA\|VA)	3	$335,000	$111,667	$1,741	9.62%
Scottsboro, AL (FHA\|USDA\|VA)	3	$335,000	$111,667	$2,303	8.41%
Starkville, MS (FHA\|USDA\|VA)	4	$330,000	$82,500	$3,028	8.33%
FLORENCE, SC (FHA\|USDA\|VA)	3	$325,000	$108,333	$1,423	8.99%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	2	$320,000	$160,000	$6,354	7.37%
SHERMAN-DENISON, TX (FHA\|USDA\|VA)	3	$315,000	$105,000	$2,109	9.09%
FLORENCE-MUSCLE SHOALS, AL (FHA\|USDA\|VA)	3	$315,000	$105,000	$1,465	10.01%
Orangeburg, SC (FHA\|USDA\|VA)	3	$295,000	$98,333	$1,304	9.56%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA\|USDA\|VA)	2	$290,000	$145,000	$10	7.49%
Natchez, MS-LA (FHA\|USDA\|VA)	3	$285,000	$95,000	$2,405	8.99%
Jasper, AL (FHA\|USDA\|VA)	3	$285,000	$95,000	$1,675	8.59%
GREENVILLE, NC (FHA\|USDA\|VA)	3	$285,000	$95,000	$1,956	7.42%
Lawrenceburg, TN (FHA\|USDA\|VA)	2	$280,000	$140,000	$0	8.94%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	5	$275,000	$55,000	$1,562	9.57%
Columbus, MS (FHA\|USDA\|VA)	2	$260,000	$130,000	$1,597	8.69%
Kerrville, TX (FHA\|USDA\|VA)	2	$250,000	$125,000	$2,966	9.64%
Searcy, AR (FHA\|USDA\|VA)	3	$245,000	$81,667	$3,185	8.89%
Lake City, FL (FHA\|USDA\|VA)	1	$225,000	$225,000	$4,767	7.64%
Jacksonville, TX (FHA\|USDA\|VA)	3	$225,000	$75,000	$875	8.42%
Stillwater, OK (FHA\|USDA\|VA)	1	$225,000	$225,000	$2,593	8.89%
Shawnee, OK (FHA\|USDA\|VA)	3	$225,000	$75,000	$1,078	9.67%
El Dorado, AR (FHA\|USDA\|VA)	3	$225,000	$75,000	$0	9.97%
ANNISTON-OXFORD, AL (FHA\|USDA\|VA)	2	$220,000	$110,000	$1,775	9.87%
WARNER ROBINS, GA (FHA\|USDA\|VA)	1	$215,000	$215,000	$2,494	9.24%
Greeneville, TN (FHA\|USDA\|VA)	2	$210,000	$105,000	$3,121	9.04%
TUSCALOOSA, AL (FHA\|USDA\|VA)	2	$210,000	$105,000	$1,467	8.44%
NEW BERN, NC (FHA\|USDA\|VA)	3	$205,000	$68,333	$1,865	7.84%
Alexander City, AL (FHA\|USDA\|VA)	3	$205,000	$68,333	$1,407	8.72%
Jesup, GA (FHA\|USDA\|VA)	1	$205,000	$205,000	$2,360	9.24%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	2	$200,000	$100,000	$2,181	8.19%
Harrison, AR (FHA\|USDA\|VA)	1	$195,000	$195,000	$2,326	8.89%
Newberry, SC (FHA\|USDA\|VA)	2	$190,000	$95,000	$0	9.79%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	2	$190,000	$95,000	$55	10.34%
Rockingham, NC (FHA\|USDA\|VA)	1	$185,000	$185,000	$0	8.84%
Albertville, AL (FHA\|USDA\|VA)	2	$170,000	$85,000	$2,108	7.94%
GOLDSBORO, NC (FHA\|USDA\|VA)	2	$170,000	$85,000	$0	9.64%
Batesville, AR (FHA\|USDA\|VA)	2	$170,000	$85,000	$1,878	8.14%
Corinth, MS (FHA\|USDA\|VA)	1	$165,000	$165,000	$2,027	9.89%
KNOXVILLE, TN (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	7.49%
Greenwood, MS (FHA\|USDA\|VA)	1	$165,000	$165,000	$0	10.14%
Ardmore, OK (FHA\|USDA\|VA)	2	$160,000	$80,000	$1,832	9.04%
MCALLEN-EDINBURG-MISSION, TX (FHA\|USDA\|VA)	2	$160,000	$80,000	$55	10.14%
SAVANNAH, GA (FHA\|USDA\|VA)	1	$155,000	$155,000	$4,840	8.74%
LUBBOCK, TX (FHA\|USDA\|VA)	1	$155,000	$155,000	$5,068	9.39%
Tahlequah, OK (FHA\|USDA\|VA)	2	$150,000	$75,000	$1,841	9.64%
AUBURN-OPELIKA, AL (FHA\|USDA\|VA)	2	$150,000	$75,000	$1,052	10.02%
Ruston, LA (FHA\|USDA\|VA)	2	$150,000	$75,000	$0	9.74%
Magnolia, AR (FHA\|USDA\|VA)	2	$150,000	$75,000	$0	10.54%
OCALA, FL (FHA\|USDA\|VA)	1	$145,000	$145,000	$4,722	6.89%
Union, SC (FHA\|USDA\|VA)	1	$145,000	$145,000	$0	8.84%
ROCKY MOUNT, NC (FHA\|USDA\|VA)	1	$145,000	$145,000	$4,568	8.09%
LAREDO, TX (FHA\|USDA\|VA)	2	$140,000	$70,000	$605	11.47%
LAKE CHARLES, LA (FHA\|USDA\|VA)	2	$140,000	$70,000	$961	9.42%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA\|USDA\|VA)	2	$140,000	$70,000	$639	8.09%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	1	$135,000	$135,000	$1,612	8.99%
Palestine, TX (FHA\|USDA\|VA)	2	$130,000	$65,000	$538	9.07%
BROWNSVILLE-HARLINGEN, TX (FHA\|USDA\|VA)	2	$130,000	$65,000	$55	10.19%
Georgetown, SC (FHA\|USDA\|VA)	2	$130,000	$65,000	$1,429	8.07%
Eufaula, AL-GA (FHA\|USDA\|VA)	1	$125,000	$125,000	$4,054	8.09%
SAN ANGELO, TX (FHA\|USDA\|VA)	1	$125,000	$125,000	$1,667	6.64%
GULFPORT-BILOXI, MS (FHA\|USDA\|VA)	1	$125,000	$125,000	$1,657	8.24%
ASHEVILLE, NC (FHA\|USDA\|VA)	1	$125,000	$125,000	$0	5.49%
Durant, OK (FHA\|USDA\|VA)	2	$120,000	$60,000	$2,154	8.44%
Hope, AR (FHA\|USDA\|VA)	1	$115,000	$115,000	$1,408	8.39%
Miami, OK (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	9.14%
Selma, AL (FHA\|USDA\|VA)	1	$115,000	$115,000	$1,613	11.29%
Pecos, TX (FHA\|USDA\|VA)	1	$105,000	$105,000	$55	10.14%
Vidalia, GA (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	8.84%
Morgan City, LA (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	10.14%
Jennings, LA (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	9.14%
Ozark, AL (FHA\|USDA\|VA)	1	$95,000	$95,000	$1,309	9.24%
Pearsall, TX (FHA\|USDA\|VA)	1	$95,000	$95,000	$1,344	8.89%
MOBILE, AL (FHA\|USDA\|VA)	1	$95,000	$95,000	$1,260	8.59%
Vicksburg, MS (FHA\|USDA\|VA)	1	$95,000	$95,000	$3,211	8.09%
Newport, TN (FHA\|USDA\|VA)	1	$85,000	$85,000	$1,161	8.39%
Brookhaven, MS (FHA\|USDA\|VA)	1	$85,000	$85,000	$1,142	8.39%
Kinston, NC (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	7.99%
MONTGOMERY, AL (FHA\|USDA\|VA)	1	$85,000	$85,000	$0	8.64%
Oxford, MS (FHA\|USDA\|VA)	1	$85,000	$85,000	$2,785	10.79%
Ponca City, OK (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	9.94%
Washington, NC (FHA\|USDA\|VA)	1	$75,000	$75,000	$1,066	12.74%
Madisonville, KY (FHA\|USDA\|VA)	1	$75,000	$75,000	$2,475	10.04%
Lewisburg, TN (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	11.04%
TALLAHASSEE, FL (FHA\|USDA\|VA)	1	$75,000	$75,000	$2,462	7.14%
DOTHAN, AL (FHA\|USDA\|VA)	1	$65,000	$65,000	$2,334	6.64%
Laurinburg, NC (FHA\|USDA\|VA)	1	$65,000	$65,000	$994	12.04%
Natchitoches, LA (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	10.14%
Sevierville, TN (FHA\|USDA\|VA)	1	$65,000	$65,000	$0	6.24%
Russellville, AR (FHA\|USDA\|VA)	1	$55,000	$55,000	$972	8.64%
JACKSONVILLE, NC (FHA\|USDA\|VA)	1	$55,000	$55,000	$909	9.39%
JONESBORO, AR (FHA\|USDA\|VA)	1	$55,000	$55,000	$835	7.29%
LAWTON, OK (FHA\|USDA\|VA)	1	$55,000	$55,000	$863	9.99%
PINE BLUFF, AR (FHA\|USDA\|VA)	1	$55,000	$55,000	$825	12.04%
Cleveland, MS (FHA\|USDA\|VA)	1	$45,000	$45,000	$1,705	7.79%
BOWLING GREEN, KY (FHA\|USDA\|VA)	1	$45,000	$45,000	$800	7.29%
DeRidder, LA (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	9.44%
Fort Payne, AL (FHA\|USDA\|VA)	1	$45,000	$45,000	$0	10.04%

Csl Financial's top markets include Houston, San Antonio, Austin, Lafayette, and Birmingham among others.

Their top states include:

Texas (FHA|USDA|VA)

Mississippi (FHA|USDA|VA)

Louisiana (FHA|USDA|VA)

Alabama (FHA|USDA|VA)

Oklahoma (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	774	$78,380,000	$101,266	$1,714	9.25%

For 2023, Csl Financial's most frequently originated type of loan was Conventional, with 774 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	774	$78,380,000	$101,266	$1,714	9.25%

For 2023, Csl Financial's most frequently cited loan purpose was Home Purchase, with 774 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	727	$74,245,000	$102,125	$1,679	9.33%
15 Year	39	$3,455,000	$88,590	$2,130	7.87%
20 Year	8	$680,000	$85,000	$2,638	8.92%

For 2023, Csl Financial's most frequently cited loan duration was Other, with 727 originations. The 2nd most popular length was 15 Year, with 39 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$1k-2k	247	$26,415,000	$106,943
$<1k	84	$4,920,000	$58,571
$2k-3k	81	$9,105,000	$112,407
$3k-4k	42	$4,710,000	$112,143
$4k-5k	19	$2,875,000	$151,316
$5k+	16	$3,050,000	$190,625

Csl Financial's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 247 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
Over 8%	654	$67,350,000	$102,982
7-8%	89	$8,195,000	$92,079
6-7%	29	$2,585,000	$89,138
5-6%	2	$250,000	$125,000

During 2023, Csl Financial's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 654 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	446	$32,480,000	$72,825	$1,341	9.32%
$100k-200k	303	$40,265,000	$132,888	$2,069	9.18%
$200k-400k	25	$5,635,000	$225,400	$3,082	9.08%

2023 saw Csl Financial place emphasis on $100,000 or less loans with 446 originations, totaling $32,480,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k or less	256	$19,170,000	$74,883	$1,435	9.38%
$50k-75k	253	$26,375,000	$104,249	$1,768	9.17%
$75k-100k	118	$13,900,000	$117,797	$1,779	9.38%
$100k-150k	102	$13,180,000	$129,216	$2,053	9.04%
$150k-250k	37	$4,455,000	$120,405	$2,126	9.11%
$250k+	8	$1,300,000	$162,500	$947	9.63%

Csl Financial lent most frequently to those with incomes in the $50k or less range, with 256 originations. The second most popular income band? $50k-75k, with 253 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
30-36%	173	$17,315,000	$100,087	$1,495	9.40%
20-30%	172	$16,280,000	$94,651	$1,628	9.01%
<20%	53	$4,215,000	$79,528	$1,246	8.51%
37%	52	$5,540,000	$106,538	$1,880	9.36%
42%	47	$4,945,000	$105,213	$1,433	9.35%
43%	42	$4,680,000	$111,429	$2,175	9.40%
41%	42	$4,400,000	$104,762	$2,090	9.62%
44%	40	$4,240,000	$106,000	$2,407	9.52%
40%	38	$4,130,000	$108,684	$1,631	9.33%
38%	34	$3,800,000	$111,765	$1,773	9.19%
39%	34	$3,800,000	$111,765	$1,632	9.32%
36%	24	$2,470,000	$102,917	$1,558	9.81%
48%	9	$785,000	$87,222	$2,164	8.67%
49%	5	$585,000	$117,000	$2,436	9.27%
46%	4	$630,000	$157,500	$1,922	9.68%
45%	3	$365,000	$121,667	$2,769	9.94%
47%	1	$145,000	$145,000	$1,890	8.59%
50-60%	1	$55,000	$55,000	$960	8.59%

Csl Financial lent most frequently to those with DTI ratios of 30-36%, with 173 originations. The next most common DTI ratio? 20-30%, with 172 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	543	$55,345,000	$101,924	$1,707	9.10%
Black	134	$13,030,000	$97,239	$1,829	9.88%
Not provided	72	$7,470,000	$103,750	$1,600	9.40%
American Indian	16	$1,560,000	$97,500	$1,466	8.92%
Asian	6	$610,000	$101,667	$1,985	8.74%
Native Hawaiian or Islander	2	$290,000	$145,000	$2,475	9.42%
Other Asian	1	$75,000	$75,000	$2,568	6.79%

Approval Rates

Total approvals of all applications
41.58%

Csl Financial has a low approval rate. They may have poor market targeting or stringent lending standards.

Pick Rate

Approvals leading to origination
-285.01%

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	774	$78,380,000	$101,266

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	774	$78,380,000	$101,266