Legacy Bank & Trust Company Mortgage Rates, Fees & Info

Rogersville, MO

LEI: 549300RDN1T32WR2WF91

Tax ID: 44-0162310

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

    Legacy Bank & Trust Company is a smaller bank specializing in Home Purchase and Refi loans. Legacy Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Springfield, Dallas, and Tulsa among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Legacy Bank & Trust Company has an above average approval rate when compared to the average across all lenders. They have an above 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

    181

    Origination Dollar Volume (All Markets)

    $327,185,000

    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 78 $248,260,000 $3,182,821 $0 0.00%
    SPRINGFIELD, MO (FHA|USDA|VA) 86 $60,450,000 $702,907 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $11,080,000 $5,540,000 $0 0.00%
    TULSA, OK (FHA|USDA|VA) 15 $7,395,000 $493,000 $0 0.00%
    Legacy Bank & Trust Company's top markets include Springfield, Dallas, and Tulsa among others.

    Their top states include:
  • (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 181 $327,185,000 $1,807,652 $0 0.00%

    For 2023, Legacy Bank & Trust Company's most frequently originated type of loan was Conventional, with 181 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 124 $255,980,000 $2,064,355 $0 0.00%
    Refi 46 $70,450,000 $1,531,522 $0 0.00%
    Home Improvement 7 $625,000 $89,286 $0 0.00%
    Other 4 $130,000 $32,500 $0 0.00%

    For 2023, Legacy Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 124 originations. The 2nd most popular reason was Refi, with 46 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 181 $327,185,000 $1,807,652 $0 0.00%

    For 2023, Legacy Bank & Trust Company's most frequently cited loan duration was Other, with 181 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 49 $293,375,000 $5,987,245 $0 0.00%
    $200k-400k 41 $12,065,000 $294,268 $0 0.00%
    $100k-200k 37 $5,765,000 $155,811 $0 0.00%
    $100,000 or less 32 $1,860,000 $58,125 $0 0.00%
    $600k-1MM 12 $9,320,000 $776,667 $0 0.00%
    $400k-600k 10 $4,800,000 $480,000 $0 0.00%

    2023 saw Legacy Bank & Trust Company place emphasis on $1MM+ loans with 49 originations, totaling $293,375,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 10 $1,450,000 $145,000 $0 0.00%
    $50k or less 6 $310,000 $51,667 $0 0.00%
    $150k-250k 5 $1,065,000 $213,000 $0 0.00%
    $250k+ 4 $1,210,000 $302,500 $0 0.00%
    $50k-75k 2 $360,000 $180,000 $0 0.00%
    $75k-100k 2 $600,000 $300,000 $0 0.00%

    Legacy Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 10 originations. The second most popular income band? $50k or less, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 181 $327,185,000 $1,807,652 $0 0.00%

    Legacy Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 181 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 132 $316,020,000 $2,394,091 $0 0.00%
    White 46 $10,280,000 $223,478 $0 0.00%
    Black 1 $425,000 $425,000 $0 0.00%
    American Indian 1 $245,000 $245,000 $0 0.00%
    Not provided 1 $215,000 $215,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.47%

    Legacy Bank & Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    97.24%

    Legacy Bank & Trust Company has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 181 $327,185,000 $1,807,652

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    181 $327,185,000 $1,807,652