Guaranty Bank And Trust Company Mortgage Rates, Fees & Info
New Roads, LALEI: 549300MZ53GGF2499G54
Tax ID: 72-0493576
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Mortgage Data
Review & Overview
Guaranty Bank And Trust Company is a smaller bank specializing in Refi and Home Purchase loans. Guaranty Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Baton Rouge, Opelousas, Houma, and Hammond among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Guaranty Bank And Trust Company 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
134Origination Dollar Volume (All Markets)
$22,010,000Top 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) | 129 | $20,345,000 | $157,713 | $0 | 9.25% |
| Opelousas, LA (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 0.00% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $0 | 0.00% |
| HAMMOND, LA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 133 | $21,965,000 | $165,150 | $0 | 0.00% |
| HELOC | 1 | $45,000 | $45,000 | n/a | 9.25% |
For 2024, Guaranty Bank And Trust Company's most frequently originated type of loan was Conventional, with 133 originations. Their 2nd most popular type was HELOC, with 1 originations.
Loan Reason
For 2024, Guaranty Bank And Trust Company's most frequently cited loan purpose was Refi, with 97 originations. The 2nd most popular reason was Home Purchase, with 33 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 133 | $21,965,000 | $165,150 | $0 | 0.00% |
| 5 Year | 1 | $45,000 | $45,000 | $0 | 9.25% |
For 2024, Guaranty Bank And Trust Company's most frequently cited loan duration was Other, with 133 originations. The 2nd most popular length was 5 Year, with 1 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 1 | $45,000 | $45,000 |
During 2024, Guaranty Bank And Trust Company's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 1 originations.
Loan Sizing
2024 saw Guaranty Bank And Trust Company place emphasis on $100,000 or less loans with 71 originations, totaling $3,705,000 in origination value.
Applicant Income
Guaranty Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 23 originations. The second most popular income band? $50k or less, with 16 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 133 | $21,965,000 | $165,150 | $0 | 0.00% |
Guaranty Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 133 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.48%
Guaranty Bank And Trust Company has an average approval rate.
Pick Rate
Approvals leading to origination85.07%
Guaranty Bank And Trust Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 133 | $21,965,000 | $165,150 |
| NA | 1 | $45,000 | $45,000 |