Lakeside Bank Mortgage Rates, Fees & Info
Lake Charles, LALEI: 549300B95782G2DYRD47
Tax ID: 27-1140364
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Lakeside Bank is a smaller bank specializing in Home Purchase loans. Lakeside Bank has a high proportion of conventional loans. Their top markets by origination volume include: Lake Charles, Deridder, and Baton Rouge among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Lakeside Bank 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
59Origination Dollar Volume (All Markets)
$16,965,000Top 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 |
|---|---|---|---|---|---|
| LAKE CHARLES, LA (FHA|USDA|VA) | 51 | $15,675,000 | $307,353 | $0 | 0.00% |
| DeRidder, LA (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $340,000 | $85,000 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 59 | $16,965,000 | $287,542 | $0 | 0.00% |
For 2023, Lakeside Bank's most frequently originated type of loan was Conventional, with 59 originations.
Loan Reason
For 2023, Lakeside Bank's most frequently cited loan purpose was Home Purchase, with 33 originations. The 2nd most popular reason was Refi, with 14 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 59 | $16,965,000 | $287,542 | $0 | 0.00% |
For 2023, Lakeside Bank's most frequently cited loan duration was Other, with 59 originations.
Loan Sizing
2023 saw Lakeside Bank place emphasis on $100,000 or less loans with 16 originations, totaling $880,000 in origination value.
Applicant Income
Lakeside Bank lent most frequently to those with incomes in the $100k-150k range, with 15 originations. The second most popular income band? $150k-250k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 59 | $16,965,000 | $287,542 | $0 | 0.00% |
Lakeside Bank lent most frequently to those with DTI ratios of Exempt%, with 59 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.54%
Lakeside Bank has an average approval rate.
Pick Rate
Approvals leading to origination86.44%
Lakeside Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 59 | $16,965,000 | $287,542 |