State Bank Of Lizton Mortgage Rates, Fees & Info
Brownsburg, INLEI: 549300XYCNS3JDVQXU89
Tax ID: 35-0683790
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
State Bank Of Lizton is a smaller bank specializing in Home Purchase loans. State Bank Of Lizton has a high proportion of conventional loans. Their top markets by origination volume include: Indianapolis, Terre Haute, Warsaw, Lafayette, and North Port among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)State Bank Of Lizton 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
62Origination Dollar Volume (All Markets)
$22,690,000Top 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 |
|---|---|---|---|---|---|
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 48 | $14,300,000 | $297,917 | $0 | 0.00% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 3 | $2,175,000 | $725,000 | $0 | 0.00% |
| Warsaw, IN (FHA|USDA|VA) | 2 | $1,300,000 | $650,000 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 3 | $1,285,000 | $428,333 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $1,165,000 | $1,165,000 | $0 | 0.00% |
| Frankfort, IN (FHA|USDA|VA) | 1 | $745,000 | $745,000 | $0 | 0.00% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $0 | 0.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 0.00% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 62 | $22,690,000 | $365,968 | $0 | 0.00% |
For 2023, State Bank Of Lizton's most frequently originated type of loan was Conventional, with 62 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 41 | $16,845,000 | $410,854 | $0 | 0.00% |
| Cash Out Refi | 11 | $2,355,000 | $214,091 | $0 | 0.00% |
| Refi | 10 | $3,490,000 | $349,000 | $0 | 0.00% |
For 2023, State Bank Of Lizton's most frequently cited loan purpose was Home Purchase, with 41 originations. The 2nd most popular reason was Cash Out Refi, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 62 | $22,690,000 | $365,968 | $0 | 0.00% |
For 2023, State Bank Of Lizton's most frequently cited loan duration was Other, with 62 originations.
Loan Sizing
2023 saw State Bank Of Lizton place emphasis on $200k-400k loans with 33 originations, totaling $9,615,000 in origination value.
Applicant Income
State Bank Of Lizton lent most frequently to those with incomes in the $150k-250k range, with 16 originations. The second most popular income band? $100k-150k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 62 | $22,690,000 | $365,968 | $0 | 0.00% |
State Bank Of Lizton lent most frequently to those with DTI ratios of Exempt%, with 62 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.43%
State Bank Of Lizton has an average approval rate.
Pick Rate
Approvals leading to origination59.68%
State Bank Of Lizton 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 | 62 | $22,690,000 | $365,968 |