The First National Bank Of Louisburg Mortgage Rates, Fees & Info

Louisburg, KS

LEI: 549300ND02E8JILK7S61

Tax ID: 48-0314805

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

    The First National Bank Of Louisburg is a smaller bank specializing in Home Purchase loans. The First National Bank Of Louisburg has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, Daphne, and Topeka among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The First National Bank Of Louisburg 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

    29

    Origination Dollar Volume (All Markets)

    $11,225,000

    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
    KANSAS CITY, MO-KS (FHA|USDA|VA) 27 $10,195,000 $377,593 $0 0.00%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $605,000 $605,000 $0 0.00%
    TOPEKA, KS (FHA|USDA|VA) 1 $425,000 $425,000 $0 0.00%
    The First National Bank Of Louisburg's top markets include Kansas City, Daphne, and Topeka among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 29 $11,225,000 $387,069 $0 0.00%

    For 2023, The First National Bank Of Louisburg's most frequently originated type of loan was Conventional, with 29 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 18 $9,010,000 $500,556 $0 0.00%
    Refi 5 $1,265,000 $253,000 $0 0.00%
    Other 4 $650,000 $162,500 $0 0.00%
    Cash Out Refi 2 $300,000 $150,000 $0 0.00%

    For 2023, The First National Bank Of Louisburg's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Refi, with 5 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 29 $11,225,000 $387,069 $0 0.00%

    For 2023, The First National Bank Of Louisburg's most frequently cited loan duration was Other, with 29 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 12 $3,490,000 $290,833 $0 0.00%
    $100,000 or less 5 $215,000 $43,000 $0 0.00%
    $400k-600k 5 $2,335,000 $467,000 $0 0.00%
    $100k-200k 3 $475,000 $158,333 $0 0.00%
    $1MM+ 3 $4,105,000 $1,368,333 $0 0.00%
    $600k-1MM 1 $605,000 $605,000 $0 0.00%

    2023 saw The First National Bank Of Louisburg place emphasis on $200k-400k loans with 12 originations, totaling $3,490,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 8 $5,470,000 $683,750 $0 0.00%
    $150k-250k 6 $2,620,000 $436,667 $0 0.00%
    $50k or less 4 $600,000 $150,000 $0 0.00%
    $50k-75k 3 $485,000 $161,667 $0 0.00%
    $75k-100k 3 $565,000 $188,333 $0 0.00%
    $100k-150k 1 $285,000 $285,000 $0 0.00%

    The First National Bank Of Louisburg lent most frequently to those with incomes in the $250k+ range, with 8 originations. The second most popular income band? $150k-250k, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 29 $11,225,000 $387,069 $0 0.00%

    The First National Bank Of Louisburg lent most frequently to those with DTI ratios of Exempt%, with 29 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 25 $10,025,000 $401,000 $0 0.00%
    Not applicable 4 $1,200,000 $300,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    97.14%

    The First National Bank Of Louisburg 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
    82.76%

    The First National Bank Of Louisburg has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 29 $11,225,000 $387,069

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    29 $11,225,000 $387,069