Gibsland Bank & Trust Company Mortgage Rates, Fees & Info
Gibsland, LALEI: 54930094EUD08LZEJR51
Tax ID: 72-0389530
Latest/2023 | 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 Daphne among others. We have data for 11 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
146Origination Dollar Volume (All Markets)
$37,640,000Top 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) | 29 | $14,275,000 | $492,241 | $0 | 0.00% |
| Outside of Metro Areas | 56 | $9,080,000 | $162,143 | $0 | 0.00% |
| Ruston, LA (FHA|USDA|VA) | 26 | $7,850,000 | $301,923 | $0 | 0.00% |
| Minden, LA (FHA|USDA|VA) | 25 | $4,075,000 | $163,000 | $0 | 0.00% |
| MONROE, LA (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| Palestine, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| Natchez, MS-LA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Natchitoches, LA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 146 | $37,640,000 | $257,808 | $0 | 0.00% |
For 2022, Gibsland Bank & Trust Company's most frequently originated type of loan was Conventional, with 146 originations.
Loan Reason
For 2022, Gibsland Bank & Trust Company's most frequently cited loan purpose was Refi, with 70 originations. The 2nd most popular reason was Home Purchase, with 62 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 146 | $37,640,000 | $257,808 | $0 | 0.00% |
For 2022, Gibsland Bank & Trust Company's most frequently cited loan duration was Other, with 146 originations.
Loan Sizing
2022 saw Gibsland Bank & Trust Company place emphasis on $100,000 or less loans with 65 originations, totaling $3,245,000 in origination value.
Applicant Income
Gibsland Bank & Trust Company lent most frequently to those with incomes in the $50k or less range, with 31 originations. The second most popular income band? $50k-75k, with 19 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 146 | $37,640,000 | $257,808 | $0 | 0.00% |
Gibsland Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 146 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.63%
Gibsland Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination84.93%
Gibsland Bank & Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 146 | $37,640,000 | $257,808 |