Hibernia Bank Mortgage Rates, Fees & Info
New Orleans, LALEI: 549300HUMHF4BM3KKS60
Tax ID: 72-0210610
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Hibernia Bank is a smaller bank specializing in Refi and Home Purchase loans. Hibernia Bank has a high proportion of conventional loans. Their top (well, only) market is New Orleans.Hibernia Bank has an above average approval rate when compared to the average across all lenders.
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Originations
7Origination Dollar Volume (All Markets)
$2,555,000Top 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 |
|---|---|---|---|---|---|
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 7 | $2,555,000 | $365,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 7 | $2,555,000 | $365,000 | $0 | 0.00% |
For 2024, Hibernia Bank's most frequently originated type of loan was Conventional, with 7 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 4 | $1,220,000 | $305,000 | $0 | 0.00% |
| Home Purchase | 2 | $1,230,000 | $615,000 | $0 | 0.00% |
| Home Improvement | 1 | $105,000 | $105,000 | $0 | 0.00% |
For 2024, Hibernia Bank's most frequently cited loan purpose was Refi, with 4 originations. The 2nd most popular reason was Home Purchase, with 2 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 7 | $2,555,000 | $365,000 | $0 | 0.00% |
For 2024, Hibernia Bank's most frequently cited loan duration was Other, with 7 originations.
Loan Sizing
2024 saw Hibernia Bank place emphasis on $100k-200k loans with 2 originations, totaling $240,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $250k+ | 3 | $1,505,000 | $501,667 | $0 | 0.00% |
| $100k-150k | 1 | $105,000 | $105,000 | $0 | 0.00% |
Hibernia Bank lent most frequently to those with incomes in the $250k+ range, with 3 originations. The second most popular income band? $100k-150k, with 1 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 7 | $2,555,000 | $365,000 | $0 | 0.00% |
Hibernia Bank lent most frequently to those with DTI ratios of Exempt%, with 7 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
Hibernia Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 7 | $2,555,000 | $365,000 |