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 two markets are Tulsa and Springfield .

    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.

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    Originations

    238

    Origination Dollar Volume (All Markets)

    $229,610,000

    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 94 $139,600,000 $1,485,106 $0 0.00%
    TULSA, OK (FHA|USDA|VA) 9 $46,975,000 $5,219,444 $0 0.00%
    SPRINGFIELD, MO (FHA|USDA|VA) 135 $43,035,000 $318,778 $0 0.00%
    Legacy Bank & Trust Company's top markets include Tulsa and Springfield among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 238 $229,610,000 $964,748 $0 0.00%

    For 2022, Legacy Bank & Trust Company's most frequently originated type of loan was Conventional, with 238 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 125 $99,525,000 $796,200 $0 0.00%
    Refi 105 $126,805,000 $1,207,667 $0 0.00%
    Home Improvement 8 $3,280,000 $410,000 $0 0.00%

    For 2022, Legacy Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 125 originations. The 2nd most popular reason was Refi, with 105 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 238 $229,610,000 $964,748 $0 0.00%

    For 2022, Legacy Bank & Trust Company's most frequently cited loan duration was Other, with 238 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 90 $13,450,000 $149,444 $0 0.00%
    $200k-400k 55 $15,845,000 $288,091 $0 0.00%
    $1MM+ 42 $181,900,000 $4,330,952 $0 0.00%
    $100,000 or less 25 $1,585,000 $63,400 $0 0.00%
    $600k-1MM 14 $10,890,000 $777,857 $0 0.00%
    $400k-600k 12 $5,940,000 $495,000 $0 0.00%

    2022 saw Legacy Bank & Trust Company place emphasis on $100k-200k loans with 90 originations, totaling $13,450,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 14 $2,160,000 $154,286 $0 0.00%
    $50k-75k 12 $2,190,000 $182,500 $0 0.00%
    $100k-150k 11 $2,435,000 $221,364 $0 0.00%
    $150k-250k 10 $3,290,000 $329,000 $0 0.00%
    $250k+ 8 $1,500,000 $187,500 $0 0.00%
    $75k-100k 5 $855,000 $171,000 $0 0.00%

    Legacy Bank & Trust Company lent most frequently to those with incomes in the $50k or less range, with 14 originations. The second most popular income band? $50k-75k, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 238 $229,610,000 $964,748 $0 0.00%

    Legacy Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 238 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 161 $212,845,000 $1,322,019 $0 0.00%
    White 73 $15,895,000 $217,740 $0 0.00%
    Not provided 4 $870,000 $217,500 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.79%

    Legacy Bank & Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    97.06%

    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 238 $229,610,000 $964,748

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    238 $229,610,000 $964,748