Bank Of Sunset And Trust Co Mortgage Rates, Fees & Info
SUNSET, LALEI: 549300MJ3JU3Z2PH5H92
Tax ID: 72-0125080
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Bank Of Sunset And Trust Co is a smaller bank specializing in Home Purchase and Refi loans. Bank Of Sunset And Trust Co has a high proportion of conventional loans. Their top markets by origination volume include: Lafayette, Opelousas, Baton Rouge, Lake Charles, and Morgan City among others. We have data for 7 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
77Origination Dollar Volume (All Markets)
$14,055,000Top 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 |
|---|---|---|---|---|---|
| LAFAYETTE, LA (FHA|USDA|VA) | 52 | $9,330,000 | $179,423 | $0 | 0.00% |
| Opelousas, LA (FHA|USDA|VA) | 18 | $2,890,000 | $160,556 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $0 | 0.00% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $0 | 0.00% |
| Morgan City, LA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $175,000 | $175,000 | $0 | 0.00% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 77 | $14,055,000 | $182,532 | $0 | 0.00% |
For 2018, Bank Of Sunset And Trust Co's most frequently originated type of loan was Conventional, with 77 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 38 | $7,270,000 | $191,316 | $0 | 0.00% |
| Refi | 36 | $6,520,000 | $181,111 | $0 | 0.00% |
| Other | 3 | $265,000 | $88,333 | $0 | 0.00% |
For 2018, Bank Of Sunset And Trust Co's most frequently cited loan purpose was Home Purchase, with 38 originations. The 2nd most popular reason was Refi, with 36 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 77 | $14,055,000 | $182,532 | $0 | 0.00% |
For 2018, Bank Of Sunset And Trust Co's most frequently cited loan duration was Other, with 77 originations.
Loan Sizing
2018 saw Bank Of Sunset And Trust Co place emphasis on $100,000 or less loans with 32 originations, totaling $1,820,000 in origination value.
Applicant Income
Bank Of Sunset And Trust Co lent most frequently to those with incomes in the $100k-150k range, with 11 originations. The second most popular income band? $150k-250k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 77 | $14,055,000 | $182,532 | $0 | 0.00% |
Bank Of Sunset And Trust Co lent most frequently to those with DTI ratios of Exempt%, with 77 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.21%
Bank Of Sunset And Trust Co has an average approval rate.
Pick Rate
Approvals leading to origination92.21%
Bank Of Sunset And Trust Co has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 77 | $14,055,000 | $182,532 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| BANK OF THE WEST | FHA mortgage | Closing on a mortgage | 1 | 3.7% |
| BANK OF THE WEST | Conventional home mortgage | Trouble during payment process | 1 | 3.7% |
| BANK OF THE WEST | Conventional home mortgage | Struggling to pay mortgage | 1 | 3.7% |
| BANK OF THE WEST | Conventional home mortgage | Closing on a mortgage | 2 | 7.4% |
| BANK OF THE WEST | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 4 | 14.8% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Incorrect information on your report | 2 | 7.4% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 3.7% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 4 | 14.8% |
| BANK OF THE WEST | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 3.7% |
| BANK OF THE WEST | Other type of mortgage | Trouble during payment process | 3 | 11.1% |
| BANK OF THE WEST | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 3.7% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Trouble during payment process | 5 | 18.5% |
| BANK OF THE WEST | Home equity loan or line of credit (HELOC) | Struggling to pay mortgage | 1 | 3.7% |