Liberty Bank And Trust Company Mortgage Rates, Fees & Info
New Orleans, LALEI: 549300OJTK0IPSNDA832
Tax ID: 72-0719924
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Mortgage Data
Review & Overview
Liberty Bank And Trust Company is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Liberty Bank And Trust Company has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New Orleans, Chicago, Los Angeles, Jackson, and Dallas among others. We have data for 29 markets. (Some data included below & more in-depth data is available with an active subscription.)Liberty Bank And Trust Company 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
172Origination Dollar Volume (All Markets)
$51,250,000Top 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) | 68 | $18,060,000 | $265,588 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 28 | $6,590,000 | $235,357 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $4,420,000 | $2,210,000 | $0 | 0.00% |
| JACKSON, MS (FHA|USDA|VA) | 17 | $3,285,000 | $193,235 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $2,870,000 | $1,435,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $2,800,000 | $1,400,000 | $0 | 0.00% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 11 | $1,915,000 | $174,091 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 9 | $1,815,000 | $201,667 | $0 | 0.00% |
| Taos, NM (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $1,315,000 | $438,333 | $0 | 0.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $1,265,000 | $1,265,000 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $0 | 0.00% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $0 | 0.00% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 0.00% |
| Picayune, MS (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| Vicksburg, MS (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $0 | 0.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 0.00% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Bogalusa, LA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $175,000 | $175,000 | $0 | 0.00% |
| RACINE, WI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| MOBILE, AL (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 0.00% |
| Greenwood, MS (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Clarksdale, MS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Liberty Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2023, Liberty Bank And Trust Company's most frequently originated type of loan was Conventional, with 133 originations. Their 2nd most popular type was FHA, with 36 originations.
Loan Reason
For 2023, Liberty Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 119 originations. The 2nd most popular reason was Cash Out Refi, with 38 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 172 | $51,250,000 | $297,965 | $0 | 0.00% |
For 2023, Liberty Bank And Trust Company's most frequently cited loan duration was Other, with 172 originations.
Loan Sizing
2023 saw Liberty Bank And Trust Company place emphasis on $100k-200k loans with 60 originations, totaling $8,460,000 in origination value.
Applicant Income
Liberty Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 40 originations. The second most popular income band? $100k-150k, with 34 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 172 | $51,250,000 | $297,965 | $0 | 0.00% |
Liberty Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 172 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications75.97%
Liberty Bank And Trust Company has a below average approval rate.
Pick Rate
Approvals leading to origination72.67%
Liberty Bank And Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 172 | $51,250,000 | $297,965 |