Liberty Bank And Trust Company Mortgage Rates, Fees & Info
New Orleans, LALEI: 549300OJTK0IPSNDA832
Tax ID: 72-0719924
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Liberty Bank And Trust Company is a smaller bank specializing in Home Purchase loans. Liberty Bank And Trust Company has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: New Orleans, Chicago, Jackson, Baton Rouge, and Detroit among others. We have data for 30 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
175Origination Dollar Volume (All Markets)
$43,785,000Top 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) | 64 | $17,030,000 | $266,094 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 19 | $5,115,000 | $269,211 | $0 | 0.00% |
| JACKSON, MS (FHA|USDA|VA) | 23 | $4,915,000 | $213,696 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 8 | $2,210,000 | $276,250 | $0 | 0.00% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 13 | $1,885,000 | $145,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 5 | $1,775,000 | $355,000 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 3 | $1,585,000 | $528,333 | $0 | 0.00% |
| ANCHORAGE, AK (FHA|USDA|VA) | 1 | $995,000 | $995,000 | $0 | 0.00% |
| Vicksburg, MS (FHA|USDA|VA) | 6 | $950,000 | $158,333 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $0 | 0.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $540,000 | $90,000 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| HAMMOND, LA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 0.00% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| HATTIESBURG, MS (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| KANKAKEE, IL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Brookhaven, MS (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Bogalusa, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| McComb, MS (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $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
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 112 | $31,080,000 | $277,500 | $0 | 0.00% |
| FHA | 61 | $12,075,000 | $197,951 | $0 | 0.00% |
| VA | 2 | $630,000 | $315,000 | $0 | 0.00% |
For 2024, Liberty Bank And Trust Company's most frequently originated type of loan was Conventional, with 112 originations. Their 2nd most popular type was FHA, with 61 originations.
Loan Reason
For 2024, Liberty Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 131 originations. The 2nd most popular reason was Cash Out Refi, with 32 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 175 | $43,785,000 | $250,200 | $0 | 0.00% |
For 2024, Liberty Bank And Trust Company's most frequently cited loan duration was Other, with 175 originations.
Loan Sizing
2024 saw Liberty Bank And Trust Company place emphasis on $100k-200k loans with 62 originations, totaling $8,980,000 in origination value.
Applicant Income
Liberty Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 42 originations. The second most popular income band? $50k or less, with 40 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 175 | $43,785,000 | $250,200 | $0 | 0.00% |
Liberty Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 175 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications70.06%
Liberty Bank And Trust Company has a below average approval rate.
Pick Rate
Approvals leading to origination80.00%
Liberty Bank And Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 175 | $43,785,000 | $250,200 |