Liberty National Bank Mortgage Rates, Fees & Info

Sioux City, IA

LEI: 549300OZ8A612R2D8J95

Tax ID: 48-1293794

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

    Liberty National Bank is a smaller bank specializing in Home Purchase and Refi loans. Liberty National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Sioux Falls, Sioux City, and Des Moines among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Liberty National Bank 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.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    33

    Origination Dollar Volume (All Markets)

    $17,585,000

    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
    Outside of Metro Areas 12 $13,410,000 $1,117,500 $0 0.00%
    SIOUX FALLS, SD (FHA|USDA|VA) 9 $2,185,000 $242,778 $0 0.00%
    SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 10 $1,650,000 $165,000 $0 0.00%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $340,000 $170,000 $0 0.00%
    Liberty National Bank's top markets include Sioux Falls, Sioux City, and Des Moines among others.

    Their top states include:
  • (FHA|USDA|VA)
  • South Dakota (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 33 $17,585,000 $532,879 $0 0.00%

    For 2023, Liberty National Bank's most frequently originated type of loan was Conventional, with 33 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 18 $13,330,000 $740,556 $0 0.00%
    Refi 13 $4,165,000 $320,385 $0 0.00%
    Other 2 $90,000 $45,000 $0 0.00%

    For 2023, Liberty National Bank's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Refi, with 13 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 33 $17,585,000 $532,879 $0 0.00%

    For 2023, Liberty National Bank's most frequently cited loan duration was Other, with 33 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 12 $3,360,000 $280,000 $0 0.00%
    $100,000 or less 7 $305,000 $43,571 $0 0.00%
    $100k-200k 7 $985,000 $140,714 $0 0.00%
    $1MM+ 3 $10,455,000 $3,485,000 $0 0.00%
    $400k-600k 3 $1,485,000 $495,000 $0 0.00%
    $600k-1MM 1 $995,000 $995,000 $0 0.00%

    2023 saw Liberty National Bank place emphasis on $200k-400k loans with 12 originations, totaling $3,360,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 5 $3,535,000 $707,000 $0 0.00%
    $100k-150k 4 $470,000 $117,500 $0 0.00%
    $150k-250k 4 $640,000 $160,000 $0 0.00%
    $75k-100k 3 $365,000 $121,667 $0 0.00%
    $50k or less 1 $135,000 $135,000 $0 0.00%

    Liberty National Bank lent most frequently to those with incomes in the $250k+ range, with 5 originations. The second most popular income band? $100k-150k, with 4 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 33 $17,585,000 $532,879 $0 0.00%

    Liberty National Bank lent most frequently to those with DTI ratios of Exempt%, with 33 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 16 $12,440,000 $777,500 $0 0.00%
    White 15 $4,665,000 $311,000 $0 0.00%
    Not provided 1 $365,000 $365,000 $0 0.00%
    American Indian 1 $115,000 $115,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.00%

    Liberty National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    69.70%

    Liberty National Bank 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 33 $17,585,000 $532,879

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    33 $17,585,000 $532,879