Bank Of Sunset And Trust Co Mortgage Rates, Fees & Info

SUNSET, LA

LEI: 549300MJ3JU3Z2PH5H92

Tax ID: 72-0125080

Latest/2024 | 2023 Data | 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

    Bank Of Sunset And Trust Co is a smaller bank specializing in Refi and Home Purchase loans. Bank Of Sunset And Trust Co has a high proportion of conventional loans. Their top markets by origination volume include: Lafayette, New Orleans, Opelousas, and Morgan City among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Bank Of Sunset And Trust Co has an above average approval rate when compared to the average across all lenders. They have an above 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)

    $12,315,000

    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
    LAFAYETTE, LA (FHA|USDA|VA) 46 $9,940,000 $216,087 $0 0.00%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 2 $1,140,000 $570,000 $0 0.00%
    Opelousas, LA (FHA|USDA|VA) 5 $925,000 $185,000 $0 0.00%
    Morgan City, LA (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
    Outside of Metro Areas 1 $85,000 $85,000 $0 0.00%
    Bank Of Sunset And Trust Co's top markets include Lafayette, New Orleans, Opelousas, and Morgan City 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 $12,315,000 $223,909 $0 0.00%

    For 2024, Bank Of Sunset And Trust Co'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
    Refi 38 $7,810,000 $205,526 $0 0.00%
    Home Purchase 17 $4,505,000 $265,000 $0 0.00%

    For 2024, Bank Of Sunset And Trust Co's most frequently cited loan purpose was Refi, with 38 originations. The 2nd most popular reason was Home Purchase, with 17 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 55 $12,315,000 $223,909 $0 0.00%

    For 2024, Bank Of Sunset And Trust Co's most frequently cited loan duration was Other, with 55 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 21 $1,465,000 $69,762 $0 0.00%
    $100k-200k 14 $1,910,000 $136,429 $0 0.00%
    $200k-400k 9 $2,305,000 $256,111 $0 0.00%
    $400k-600k 8 $3,710,000 $463,750 $0 0.00%
    $600k-1MM 2 $1,550,000 $775,000 $0 0.00%
    $1MM+ 1 $1,375,000 $1,375,000 $0 0.00%

    2024 saw Bank Of Sunset And Trust Co place emphasis on $100,000 or less loans with 21 originations, totaling $1,465,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 9 $2,095,000 $232,778 $0 0.00%
    $250k+ 5 $2,065,000 $413,000 $0 0.00%
    $50k-75k 5 $1,005,000 $201,000 $0 0.00%
    $50k or less 5 $375,000 $75,000 $0 0.00%
    $75k-100k 5 $1,625,000 $325,000 $0 0.00%
    $150k-250k 1 $185,000 $185,000 $0 0.00%

    Bank Of Sunset And Trust Co lent most frequently to those with incomes in the $100k-150k range, with 9 originations. The second most popular income band? $250k+, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 55 $12,315,000 $223,909 $0 0.00%

    Bank Of Sunset And Trust Co lent most frequently to those with DTI ratios of Exempt%, with 55 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 25 $4,965,000 $198,600 $0 0.00%
    White 23 $4,935,000 $214,565 $0 0.00%
    Black 5 $1,505,000 $301,000 $0 0.00%
    Other Asian 1 $605,000 $605,000 $0 0.00%
    Asian 1 $305,000 $305,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    96.72%

    Bank Of Sunset And Trust Co has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    92.73%

    Bank Of Sunset And Trust Co has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 55 $12,315,000 $223,909

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    55 $12,315,000 $223,909