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 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, Jackson, Atlanta, Vicksburg, and Baton Rouge among others. We have data for 28 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
182Origination Dollar Volume (All Markets)
$49,460,000Top 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) | 65 | $19,865,000 | $305,615 | $0 | 0.00% |
| JACKSON, MS (FHA|USDA|VA) | 27 | $6,895,000 | $255,370 | $0 | 0.00% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 13 | $4,105,000 | $315,769 | $0 | 0.00% |
| Vicksburg, MS (FHA|USDA|VA) | 14 | $2,620,000 | $187,143 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 4 | $2,450,000 | $612,500 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 14 | $2,370,000 | $169,286 | $0 | 0.00% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 11 | $1,785,000 | $162,273 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $1,490,000 | $745,000 | $0 | 0.00% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $0 | 0.00% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 4 | $780,000 | $195,000 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $0 | 0.00% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 6 | $400,000 | $66,667 | $0 | 0.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| Americus, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| HATTIESBURG, MS (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $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 2022, Liberty Bank And Trust Company's most frequently originated type of loan was Conventional, with 123 originations. Their 2nd most popular type was FHA, with 50 originations.
Loan Reason
For 2022, Liberty Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 130 originations. The 2nd most popular reason was Refi, with 26 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 182 | $49,460,000 | $271,758 | $0 | 0.00% |
For 2022, Liberty Bank And Trust Company's most frequently cited loan duration was Other, with 182 originations.
Loan Sizing
2022 saw Liberty Bank And Trust Company place emphasis on $100k-200k loans with 74 originations, totaling $11,100,000 in origination value.
Applicant Income
Liberty Bank And Trust Company lent most frequently to those with incomes in the $50k-75k range, with 41 originations. The second most popular income band? $50k or less, with 35 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 182 | $49,460,000 | $271,758 | $0 | 0.00% |
Liberty Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 182 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.74%
Liberty Bank And Trust Company has a below average approval rate.
Pick Rate
Approvals leading to origination63.74%
Liberty Bank And Trust Company has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 182 | $49,460,000 | $271,758 |