Catahoula Lasalle Bank Mortgage Rates, Fees & Info

Jonesville, LA

LEI: 549300I6BXTT1NLNPE10

Tax ID: 72-0393098

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Catahoula Lasalle Bank is a smaller bank specializing in Refi and Home Purchase loans. Catahoula Lasalle Bank has a high proportion of conventional loans. Catahoula Lasalle Bank has a high proportion of conventional loans. Their top markets by origination volume include: Alexandria, Natchez, and Monroe among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Catahoula Lasalle Bank has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.

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    Originations

    54

    Origination Dollar Volume (All Markets)

    $5,420,000

    Top 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
    Outside of Metro Areas 26 $2,420,000 $93,077 $537 5.89%
    ALEXANDRIA, LA (FHA|USDA|VA) 15 $1,535,000 $102,333 $1,004 5.67%
    Natchez, MS-LA (FHA|USDA|VA) 10 $1,270,000 $127,000 $1,223 6.08%
    MONROE, LA (FHA|USDA|VA) 3 $195,000 $65,000 $0 6.50%
    Catahoula Lasalle Bank's top markets include Alexandria, Natchez, and Monroe among others.

    Their top states include:
  • Louisiana (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 29 $2,885,000 $99,483 $884 5.85%
    Conventional 24 $2,290,000 $95,417 $0 0.00%
    HELOC 1 $245,000 $245,000 n/a 6.00%

    For 2018, Catahoula Lasalle Bank's most frequently originated type of loan was Conventional, with 29 originations. Their 2nd most popular type was Conventional, with 24 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 26 $2,950,000 $113,462 $544 6.02%
    Home Purchase 25 $2,195,000 $87,800 $1,136 5.73%
    Home Improvement 3 $275,000 $91,667 $841 5.88%

    For 2018, Catahoula Lasalle Bank's most frequently cited loan purpose was Refi, with 26 originations. The 2nd most popular reason was Home Purchase, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 45 $4,425,000 $98,333 $946 5.82%
    1 Year 5 $645,000 $129,000 $1,503 6.00%
    5 Year 4 $350,000 $87,500 $348 5.88%

    For 2018, Catahoula Lasalle Bank's most frequently cited loan duration was Other, with 45 originations. The 2nd most popular length was 1 Year, with 5 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 20 $2,060,000 $103,000

    Catahoula Lasalle Bank's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 20 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 16 $1,960,000 $122,500
    6-7% 10 $640,000 $64,000
    4-5% 4 $530,000 $132,500

    During 2018, Catahoula Lasalle Bank's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 5-6%, with 16 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 36 $1,690,000 $46,944 $1,159 6.07%
    $100k-200k 9 $1,275,000 $141,667 $547 5.50%
    $200k-400k 9 $2,455,000 $272,778 $347 5.60%

    2018 saw Catahoula Lasalle Bank place emphasis on $100,000 or less loans with 36 originations, totaling $1,690,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 16 $820,000 $51,250 $803 5.89%
    $100k-150k 8 $950,000 $118,750 $1,100 6.00%
    $150k-250k 8 $1,360,000 $170,000 $888 5.60%
    $50k-75k 7 $335,000 $47,857 $1,930 6.00%
    $75k-100k 7 $605,000 $86,429 $127 6.00%
    $250k+ 1 $295,000 $295,000 $89 5.25%

    Catahoula Lasalle Bank lent most frequently to those with incomes in the $50k or less range, with 16 originations. The second most popular income band? $100k-150k, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 24 $2,290,000 $95,417 $0 0.00%
    20-30% 7 $705,000 $100,714 $1,236 5.75%
    <20% 5 $455,000 $91,000 $638 5.55%
    30-36% 4 $540,000 $135,000 $735 5.94%
    45% 1 $295,000 $295,000 $89 5.25%
    47% 1 $15,000 $15,000 $841 5.75%
    50-60% 1 $25,000 $25,000 $1,891 6.50%
    >60% 1 $25,000 $25,000 $89 5.75%

    Catahoula Lasalle Bank lent most frequently to those with DTI ratios of Exempt%, with 24 originations. The next most common DTI ratio? 20-30%, with 7 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 45 $4,355,000 $96,778 $832 5.83%
    Not applicable 5 $895,000 $179,000 $0 5.88%
    Black 4 $170,000 $42,500 $1,891 6.50%

    Approval Rates

    Total approvals of all applications
    81.69%

    Catahoula Lasalle Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    92.59%

    Catahoula Lasalle Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 24 $2,290,000 $95,417
    NA 30 $3,130,000 $104,333

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 17 $935,000 $55,000
    Single Family (1-4 Units):Site-Built 37 $4,485,000 $121,216

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2 $60,000 $30,000 $89 6.13%
    40-60% 4 $310,000 $77,500 $983 6.19%
    60-80% 10 $1,190,000 $119,000 $834 5.73%
    80-100% 8 $1,040,000 $130,000 $914 5.72%
    Over 100% 3 $465,000 $155,000 $1,503 5.67%
    Under 20% 3 $65,000 $21,667 $841 6.25%