Metairie Bank & Trust Company Mortgage Rates, Fees & Info
Metairie, LALEI: 549300K3SVNVK97FCP36
Tax ID: 72-0376293
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Metairie Bank & Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Metairie Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: New Orleans, Gulfport, Baton Rouge, Hammond, and Pensacola among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Metairie Bank & Trust Company 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.
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Originations
137Origination Dollar Volume (All Markets)
$42,395,000Top 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) | 128 | $37,970,000 | $296,641 | $0 | 0.00% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 3 | $1,655,000 | $551,667 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 0.00% |
| HAMMOND, LA (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $0 | 0.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $295,000 | $295,000 | $0 | 0.00% |
| Natchitoches, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 137 | $42,395,000 | $309,453 | $0 | 0.00% |
For 2022, Metairie Bank & Trust Company's most frequently originated type of loan was Conventional, with 137 originations.
Loan Reason
For 2022, Metairie Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 76 originations. The 2nd most popular reason was Refi, with 37 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 137 | $42,395,000 | $309,453 | $0 | 0.00% |
For 2022, Metairie Bank & Trust Company's most frequently cited loan duration was Other, with 137 originations.
Loan Sizing
2022 saw Metairie Bank & Trust Company place emphasis on $200k-400k loans with 41 originations, totaling $11,805,000 in origination value.
Applicant Income
Metairie Bank & Trust Company lent most frequently to those with incomes in the $50k-75k range, with 27 originations. The second most popular income band? $50k or less, with 25 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 137 | $42,395,000 | $309,453 | $0 | 0.00% |
Metairie Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 137 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.76%
Metairie Bank & Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination72.99%
Metairie Bank & Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 137 | $42,395,000 | $309,453 |