Abbeville Building & Loan (a State-chartered Savings Bank) Mortgage Rates, Fees & Info
Abbeville, LALEI: 549300FJ9SHI3GDB7327
Tax ID: 72-0504073
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Mortgage Data
Review & Overview
Abbeville Building & Loan (a State-chartered Savings Bank) is a smaller bank specializing in Home Purchase loans. Abbeville Building & Loan (a State-chartered Savings Bank) has a high proportion of conventional loans. Their top markets by origination volume include: Lafayette, Opelousas, Jennings, Lake Charles, and Baton Rouge among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Abbeville Building & Loan (a State-chartered Savings 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
195Origination Dollar Volume (All Markets)
$36,685,000Top 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 |
|---|---|---|---|---|---|
| LAFAYETTE, LA (FHA|USDA|VA) | 166 | $30,240,000 | $182,169 | $0 | 0.00% |
| Opelousas, LA (FHA|USDA|VA) | 13 | $2,825,000 | $217,308 | $0 | 0.00% |
| Jennings, LA (FHA|USDA|VA) | 10 | $2,540,000 | $254,000 | $0 | 0.00% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Morgan City, LA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Abbeville Building & Loan (A State-Chartered Savings Bank) based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 195 | $36,685,000 | $188,128 | $0 | 0.00% |
For 2024, Abbeville Building & Loan (a State-chartered Savings Bank)'s most frequently originated type of loan was Conventional, with 195 originations.
Loan Reason
For 2024, Abbeville Building & Loan (a State-chartered Savings Bank)'s most frequently cited loan purpose was Home Purchase, with 117 originations. The 2nd most popular reason was Other, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 195 | $36,685,000 | $188,128 | $0 | 0.00% |
For 2024, Abbeville Building & Loan (a State-chartered Savings Bank)'s most frequently cited loan duration was Other, with 195 originations.
Loan Sizing
2024 saw Abbeville Building & Loan (a State-chartered Savings Bank) place emphasis on $100,000 or less loans with 72 originations, totaling $3,370,000 in origination value.
Applicant Income
Abbeville Building & Loan (a State-chartered Savings Bank) lent most frequently to those with incomes in the $150k-250k range, with 51 originations. The second most popular income band? $100k-150k, with 50 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 195 | $36,685,000 | $188,128 | $0 | 0.00% |
Abbeville Building & Loan (a State-chartered Savings Bank) lent most frequently to those with DTI ratios of Exempt%, with 195 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.13%
Abbeville Building & Loan (a State-chartered Savings Bank) has an average approval rate.
Pick Rate
Approvals leading to origination89.74%
Abbeville Building & Loan (a State-chartered Savings Bank) has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 195 | $36,685,000 | $188,128 |