Landmark Bank Mortgage Rates, Fees & Info

Clinton, LA

LEI: 549300M63SGBHKKBOE21

Tax ID: 72-0155250

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

    Landmark Bank is a smaller bank specializing in Home Purchase and Refi loans. Landmark Bank has a high proportion of conventional loans. Their top markets by origination volume include: Baton Rouge, Natchez, New Orleans, Hammond, and Bogalusa among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Landmark Bank has an above 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.

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    Originations

    90

    Origination Dollar Volume (All Markets)

    $20,470,000

    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
    BATON ROUGE, LA (FHA|USDA|VA) 82 $16,800,000 $204,878 $0 0.00%
    Natchez, MS-LA (FHA|USDA|VA) 1 $1,705,000 $1,705,000 $0 0.00%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $1,260,000 $630,000 $0 0.00%
    HAMMOND, LA (FHA|USDA|VA) 2 $360,000 $180,000 $0 0.00%
    Bogalusa, LA (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
    Outside of Metro Areas 1 $75,000 $75,000 $0 0.00%
    McComb, MS (FHA|USDA|VA) 1 $25,000 $25,000 $0 0.00%
    Landmark Bank's top markets include Baton Rouge, Natchez, New Orleans, Hammond, and Bogalusa among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 90 $20,470,000 $227,444 $0 0.00%

    For 2023, Landmark Bank's most frequently originated type of loan was Conventional, with 90 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 44 $14,810,000 $336,591 $0 0.00%
    Refi 43 $5,435,000 $126,395 $0 0.00%
    Home Improvement 3 $225,000 $75,000 $0 0.00%

    For 2023, Landmark Bank's most frequently cited loan purpose was Home Purchase, with 44 originations. The 2nd most popular reason was Refi, with 43 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 90 $20,470,000 $227,444 $0 0.00%

    For 2023, Landmark Bank's most frequently cited loan duration was Other, with 90 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 28 $1,580,000 $56,429 $0 0.00%
    $200k-400k 26 $7,240,000 $278,462 $0 0.00%
    $100k-200k 25 $3,545,000 $141,800 $0 0.00%
    $400k-600k 6 $2,990,000 $498,333 $0 0.00%
    $600k-1MM 3 $1,945,000 $648,333 $0 0.00%
    $1MM+ 2 $3,170,000 $1,585,000 $0 0.00%

    2023 saw Landmark Bank place emphasis on $100,000 or less loans with 28 originations, totaling $1,580,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 16 $3,960,000 $247,500 $0 0.00%
    $50k-75k 11 $1,075,000 $97,727 $0 0.00%
    $150k-250k 9 $2,245,000 $249,444 $0 0.00%
    $250k+ 6 $1,530,000 $255,000 $0 0.00%
    $75k-100k 5 $565,000 $113,000 $0 0.00%
    $50k or less 4 $240,000 $60,000 $0 0.00%

    Landmark Bank lent most frequently to those with incomes in the $100k-150k range, with 16 originations. The second most popular income band? $50k-75k, with 11 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 90 $20,470,000 $227,444 $0 0.00%

    Landmark Bank lent most frequently to those with DTI ratios of Exempt%, with 90 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 39 $10,855,000 $278,333 $0 0.00%
    White 32 $6,620,000 $206,875 $0 0.00%
    Black 19 $2,995,000 $157,632 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.92%

    Landmark Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    75.56%

    Landmark Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 90 $20,470,000 $227,444

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    90 $20,470,000 $227,444