State Bank Financial Mortgage Rates, Fees & Info

LA CROSSE, WI

LEI: 549300H8LM6VPYEHWU46

Tax ID: 39-1920972

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

State Bank Financial is a smaller bank specializing in Home Purchase loans. State Bank Financial has a high proportion of conventional loans. Their top markets by origination volume include: La Crosse, Duluth, Winona, Wisconsin Rapids, and Rochester among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

State Bank Financial 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

89

Origination Dollar Volume (All Markets)

$40,695,000

Top Markets

Hover a geography to see attributes.
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  • Leaflet | Map data © OpenStreetMap contributors| Map style: © OpenTopoMap (CC-BY-SA)

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    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
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 60 $23,490,000 $391,500 $0 0.00%
    DULUTH, MN-WI (FHA|USDA|VA) 1 $8,055,000 $8,055,000 $0 0.00%
    Outside of Metro Areas 17 $5,245,000 $308,529 $0 0.00%
    Winona, MN (FHA|USDA|VA) 3 $1,575,000 $525,000 $0 0.00%
    Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 5 $995,000 $199,000 $0 0.00%
    ROCHESTER, MN (FHA|USDA|VA) 1 $675,000 $675,000 $0 0.00%
    MADISON, WI (FHA|USDA|VA) 1 $385,000 $385,000 $0 0.00%
    EAU CLAIRE, WI (FHA|USDA|VA) 1 $275,000 $275,000 $0 0.00%
    State Bank Financial's top markets include La Crosse, Duluth, Winona, Wisconsin Rapids, and Rochester among others.

    Their top states include:
  • Wisconsin (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 89 $40,695,000 $457,247 $0 0.00%

    For 2024, State Bank Financial's most frequently originated type of loan was Conventional, with 89 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 75 $33,585,000 $447,800 $0 0.00%
    Refi 7 $5,415,000 $773,571 $0 0.00%
    Cash Out Refi 4 $1,220,000 $305,000 $0 0.00%
    Other 2 $370,000 $185,000 $0 0.00%
    Home Improvement 1 $105,000 $105,000 $0 0.00%

    For 2024, State Bank Financial's most frequently cited loan purpose was Home Purchase, with 75 originations. The 2nd most popular reason was Refi, with 7 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 89 $40,695,000 $457,247 $0 0.00%

    For 2024, State Bank Financial's most frequently cited loan duration was Other, with 89 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 35 $10,435,000 $298,143 $0 0.00%
    $100k-200k 24 $3,690,000 $153,750 $0 0.00%
    $400k-600k 15 $7,175,000 $478,333 $0 0.00%
    $1MM+ 6 $16,090,000 $2,681,667 $0 0.00%
    $100,000 or less 5 $345,000 $69,000 $0 0.00%
    $600k-1MM 4 $2,960,000 $740,000 $0 0.00%

    2024 saw State Bank Financial place emphasis on $200k-400k loans with 35 originations, totaling $10,435,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 20 $7,820,000 $391,000 $0 0.00%
    $100k-150k 17 $5,045,000 $296,765 $0 0.00%
    $75k-100k 13 $2,875,000 $221,154 $0 0.00%
    $50k-75k 11 $1,735,000 $157,727 $0 0.00%
    $250k+ 9 $5,505,000 $611,667 $0 0.00%
    $50k or less 4 $500,000 $125,000 $0 0.00%

    State Bank Financial lent most frequently to those with incomes in the $150k-250k range, with 20 originations. The second most popular income band? $100k-150k, with 17 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 89 $40,695,000 $457,247 $0 0.00%

    State Bank Financial lent most frequently to those with DTI ratios of Exempt%, with 89 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 70 $22,170,000 $316,714 $0 0.00%
    Not applicable 14 $17,030,000 $1,216,429 $0 0.00%
    Asian 5 $1,495,000 $299,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.04%

    State Bank Financial has an average approval rate.

    Pick Rate

    Approvals leading to origination
    79.78%

    State Bank Financial has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 89 $40,695,000 $457,247

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    89 $40,695,000 $457,247