Bank Of Louisiana Mortgage Rates, Fees & Info
Metairie, LALEI: 549300OEQLAPVDI0LD92
Tax ID: 72-0501704
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bank Of Louisiana is a smaller bank specializing in Refi and Home Purchase loans. Bank Of Louisiana has a high proportion of conventional loans. Their top markets by origination volume include: New Orleans, Baton Rouge, Gulfport, Houma, and Bogalusa among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank Of Louisiana has an 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
66Origination Dollar Volume (All Markets)
$11,760,000Top 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 |
|---|---|---|---|---|---|
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 59 | $10,725,000 | $181,780 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $0 | 0.00% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 0.00% |
| Bogalusa, LA (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 66 | $11,760,000 | $178,182 | $0 | 0.00% |
For 2023, Bank Of Louisiana's most frequently originated type of loan was Conventional, with 66 originations.
Loan Reason
For 2023, Bank Of Louisiana's most frequently cited loan purpose was Refi, with 47 originations. The 2nd most popular reason was Home Purchase, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 66 | $11,760,000 | $178,182 | $0 | 0.00% |
For 2023, Bank Of Louisiana's most frequently cited loan duration was Other, with 66 originations.
Loan Sizing
2023 saw Bank Of Louisiana place emphasis on $100,000 or less loans with 31 originations, totaling $1,945,000 in origination value.
Applicant Income
Bank Of Louisiana lent most frequently to those with incomes in the $100k-150k range, with 15 originations. The second most popular income band? $50k or less, with 10 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 66 | $11,760,000 | $178,182 | $0 | 0.00% |
Bank Of Louisiana lent most frequently to those with DTI ratios of Exempt%, with 66 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications80.85%
Bank Of Louisiana has a below average approval rate.
Pick Rate
Approvals leading to origination87.88%
Bank Of Louisiana has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 66 | $11,760,000 | $178,182 |