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

Jump to:

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 Home Purchase and Refi loans. Catahoula Lasalle Bank has a high proportion of conventional loans. Their top markets by origination volume include: Alexandria, Natchez, and Lafayette 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 a below average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    55

    Origination Dollar Volume (All Markets)

    $3,975,000

    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 33 $1,825,000 $55,303 $863 7.07%
    ALEXANDRIA, LA (FHA|USDA|VA) 18 $1,620,000 $90,000 $1,480 6.57%
    Natchez, MS-LA (FHA|USDA|VA) 3 $515,000 $171,667 $689 6.83%
    LAFAYETTE, LA (FHA|USDA|VA) 1 $15,000 $15,000 $109 7.90%
    Catahoula Lasalle Bank's top markets include Alexandria, Natchez, and Lafayette among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 55 $3,975,000 $72,273 $1,036 6.91%

    For 2019, Catahoula Lasalle Bank's most frequently originated type of loan was Conventional, with 55 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 31 $2,395,000 $77,258 $1,230 6.72%
    Refi 16 $1,030,000 $64,375 $693 7.20%
    Other 6 $310,000 $51,667 $1,297 7.21%
    Home Improvement 2 $240,000 $120,000 $407 6.50%

    For 2019, Catahoula Lasalle Bank's most frequently cited loan purpose was Home Purchase, with 31 originations. The 2nd most popular reason was Refi, with 16 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 44 $3,550,000 $80,682 $1,117 6.95%
    1 Year 5 $305,000 $61,000 $533 6.10%
    5 Year 4 $60,000 $15,000 $585 6.94%
    3 Year 2 $60,000 $30,000 $116 7.88%

    For 2019, Catahoula Lasalle Bank's most frequently cited loan duration was Other, with 44 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 38 $2,920,000 $76,842
    $1k-2k 1 $275,000 $275,000

    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 38 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 24 $1,820,000 $75,833
    7-8% 21 $1,085,000 $51,667
    5-6% 9 $1,045,000 $116,111
    Over 8% 1 $25,000 $25,000

    During 2019, Catahoula Lasalle Bank's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 6-7%, with 24 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 42 $1,860,000 $44,286 $1,052 7.02%
    $100k-200k 11 $1,505,000 $136,818 $877 6.64%
    $200k-400k 2 $610,000 $305,000 $1,526 6.13%

    2019 saw Catahoula Lasalle Bank place emphasis on $100,000 or less loans with 42 originations, totaling $1,860,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 15 $775,000 $51,667 $1,081 7.10%
    $50k-75k 12 $710,000 $59,167 $720 6.95%
    $75k-100k 11 $855,000 $77,727 $1,230 7.07%
    $100k-150k 7 $555,000 $79,286 $1,046 6.71%
    $250k+ 2 $610,000 $305,000 $1,526 6.13%
    $150k-250k 1 $75,000 $75,000 $1,004 7.50%

    Catahoula Lasalle Bank lent most frequently to those with incomes in the $50k or less range, with 15 originations. The second most popular income band? $50k-75k, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 15 $1,055,000 $70,333 $1,200 7.07%
    <20% 13 $1,045,000 $80,385 $1,427 6.82%
    30-36% 11 $925,000 $84,091 $958 6.91%
    38% 2 $70,000 $35,000 $1,126 7.13%
    50-60% 2 $140,000 $70,000 $75 6.88%
    >60% 1 $135,000 $135,000 $89 8.00%
    36% 1 $5,000 $5,000 $201 7.50%
    37% 1 $135,000 $135,000 $104 6.25%
    42% 1 $35,000 $35,000 $839 8.00%

    Catahoula Lasalle Bank lent most frequently to those with DTI ratios of 20-30%, with 15 originations. The next most common DTI ratio? <20%, with 13 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 42 $3,290,000 $78,333 $1,089 6.89%
    Black 8 $350,000 $43,750 $666 7.38%
    Not applicable 5 $335,000 $67,000 $0 6.30%

    Approval Rates

    Total approvals of all applications
    83.33%

    Catahoula Lasalle Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    72.73%

    Catahoula Lasalle Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 55 $3,975,000 $72,273

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 27 $1,325,000 $49,074
    Single Family (1-4 Units):Site-Built 28 $2,650,000 $94,643

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1 $25,000 $25,000 $689 7.50%
    40-60% 11 $625,000 $56,818 $793 7.20%
    60-80% 22 $1,830,000 $83,182 $1,332 6.94%
    80-100% 15 $1,145,000 $76,333 $886 6.68%
    Over 100% 4 $320,000 $80,000 $682 6.50%
    Under 20% 2 $30,000 $15,000 $321 7.13%