State Bank Financial Mortgage Rates, Fees & Info
LA CROSSE, WILEI: 549300H8LM6VPYEHWU46
Tax ID: 39-1920972
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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, Baraboo, Rochester, Wisconsin Rapids, and Wausau among others. We have data for 14 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 an above average pick rate when compared to similar lenders.
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Originations
78Origination Dollar Volume (All Markets)
$19,390,000Top 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 |
|---|---|---|---|---|---|
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 40 | $10,900,000 | $272,500 | $0 | 0.00% |
| Outside of Metro Areas | 19 | $4,425,000 | $232,895 | $0 | 0.00% |
| Baraboo, WI (FHA|USDA|VA) | 1 | $875,000 | $875,000 | $0 | 0.00% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $0 | 0.00% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 4 | $400,000 | $100,000 | $0 | 0.00% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| MADISON, WI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| Platteville, WI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| Winona, MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 0.00% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 78 | $19,390,000 | $248,590 | $0 | 0.00% |
For 2023, State Bank Financial's most frequently originated type of loan was Conventional, with 78 originations.
Loan Reason
For 2023, State Bank Financial's most frequently cited loan purpose was Home Purchase, with 59 originations. The 2nd most popular reason was Cash Out Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 78 | $19,390,000 | $248,590 | $0 | 0.00% |
For 2023, State Bank Financial's most frequently cited loan duration was Other, with 78 originations.
Loan Sizing
2023 saw State Bank Financial place emphasis on $200k-400k loans with 27 originations, totaling $8,125,000 in origination value.
Applicant Income
State Bank Financial lent most frequently to those with incomes in the $150k-250k range, with 13 originations. The second most popular income band? $100k-150k, with 12 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 78 | $19,390,000 | $248,590 | $0 | 0.00% |
State Bank Financial lent most frequently to those with DTI ratios of Exempt%, with 78 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.55%
State Bank Financial has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination92.31%
State Bank Financial has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 78 | $19,390,000 | $248,590 |