Gibsland Bank & Trust Company Mortgage Rates, Fees & Info
Gibsland, LALEI: 54930094EUD08LZEJR51
Tax ID: 72-0389530
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Gibsland Bank & Trust Company is a smaller bank specializing in Refi and Home Purchase loans. Gibsland Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Shreveport, Ruston, Minden, Monroe, and Alexandria among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)Gibsland Bank & Trust Company has an above 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
154Origination Dollar Volume (All Markets)
$28,770,000Top 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) | 44 | $6,030,000 | $137,045 | $0 | 0.00% |
| Outside of Metro Areas | 38 | $5,890,000 | $155,000 | $0 | 0.00% |
| Ruston, LA (FHA|USDA|VA) | 22 | $5,830,000 | $265,000 | $0 | 0.00% |
| Minden, LA (FHA|USDA|VA) | 30 | $3,580,000 | $119,333 | $0 | 0.00% |
| MONROE, LA (FHA|USDA|VA) | 12 | $2,550,000 | $212,500 | $0 | 0.00% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 1 | $1,825,000 | $1,825,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $1,620,000 | $810,000 | $0 | 0.00% |
| Malvern, AR (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Palestine, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 154 | $28,770,000 | $186,818 | $0 | 0.00% |
For 2024, Gibsland Bank & Trust Company's most frequently originated type of loan was Conventional, with 154 originations.
Loan Reason
For 2024, Gibsland Bank & Trust Company's most frequently cited loan purpose was Refi, with 68 originations. The 2nd most popular reason was Home Purchase, with 65 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 154 | $28,770,000 | $186,818 | $0 | 0.00% |
For 2024, Gibsland Bank & Trust Company's most frequently cited loan duration was Other, with 154 originations.
Loan Sizing
2024 saw Gibsland Bank & Trust Company place emphasis on $100,000 or less loans with 70 originations, totaling $3,550,000 in origination value.
Applicant Income
Gibsland Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 23 originations. The second most popular income band? $50k or less, with 22 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 154 | $28,770,000 | $186,818 | $0 | 0.00% |
Gibsland Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 154 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.86%
Gibsland Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination82.47%
Gibsland Bank & Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 154 | $28,770,000 | $186,818 |