Landmark Bank Mortgage Rates, Fees & Info
Clinton, LALEI: 549300M63SGBHKKBOE21
Tax ID: 72-0155250
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Mortgage Data
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, Hammond, and Opelousas among others. We have data for 4 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.
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Originations
88Origination Dollar Volume (All Markets)
$16,860,000Top 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 |
|---|---|---|---|---|---|
| BATON ROUGE, LA (FHA|USDA|VA) | 82 | $15,460,000 | $188,537 | $0 | 0.00% |
| HAMMOND, LA (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $340,000 | $170,000 | $0 | 0.00% |
| Opelousas, LA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 88 | $16,860,000 | $191,591 | $0 | 0.00% |
For 2022, Landmark Bank's most frequently originated type of loan was Conventional, with 88 originations.
Loan Reason
For 2022, Landmark Bank's most frequently cited loan purpose was Home Purchase, with 48 originations. The 2nd most popular reason was Refi, with 34 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 88 | $16,860,000 | $191,591 | $0 | 0.00% |
For 2022, Landmark Bank's most frequently cited loan duration was Other, with 88 originations.
Loan Sizing
2022 saw Landmark Bank place emphasis on $100k-200k loans with 33 originations, totaling $4,635,000 in origination value.
Applicant Income
Landmark Bank lent most frequently to those with incomes in the $150k-250k range, with 13 originations. The second most popular income band? $100k-150k, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 88 | $16,860,000 | $191,591 | $0 | 0.00% |
Landmark Bank lent most frequently to those with DTI ratios of Exempt%, with 88 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.91%
Landmark Bank has an average approval rate.
Pick Rate
Approvals leading to origination77.27%
Landmark Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 88 | $16,860,000 | $191,591 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| LAND HOME FINANCIAL SERVICES | Conventional home mortgage | Trouble during payment process | 1 | 100.0% |