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 Refi, Cash Out Refi, and Home Purchase loans. State Bank Of Lizton has a high proportion of conventional loans. Their top markets by origination volume include: Indianapolis, Lafayette, Cape Coral, and Tucson among others. We have data for 5 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
47Origination Dollar Volume (All Markets)
$13,695,000Top 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) | 41 | $10,955,000 | $267,195 | $0 | 0.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $555,000 | $185,000 | $0 | 0.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 47 | $13,695,000 | $291,383 | $0 | 0.00% |
For 2018, State Bank Of Lizton's most frequently originated type of loan was Conventional, with 47 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Refi | 18 | $5,530,000 | $307,222 | $0 | 0.00% |
| Cash Out Refi | 17 | $5,155,000 | $303,235 | $0 | 0.00% |
| Home Purchase | 12 | $3,010,000 | $250,833 | $0 | 0.00% |
For 2018, State Bank Of Lizton's most frequently cited loan purpose was Refi, with 18 originations. The 2nd most popular reason was Cash Out Refi, with 17 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 47 | $13,695,000 | $291,383 | $0 | 0.00% |
For 2018, State Bank Of Lizton's most frequently cited loan duration was Other, with 47 originations.
Loan Sizing
2018 saw State Bank Of Lizton place emphasis on $100k-200k loans with 15 originations, totaling $2,225,000 in origination value.
Applicant Income
State Bank Of Lizton lent most frequently to those with incomes in the $50k-75k range, with 8 originations. The second most popular income band? $50k or less, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 47 | $13,695,000 | $291,383 | $0 | 0.00% |
State Bank Of Lizton lent most frequently to those with DTI ratios of Exempt%, with 47 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications83.18%
State Bank Of Lizton has a below average approval rate.
Pick Rate
Approvals leading to origination57.45%
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 | 47 | $13,695,000 | $291,383 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 2 | $1,320,000 | $660,000 |
| Single Family (1-4 Units):Site-Built | 45 | $12,375,000 | $275,000 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| STATE FARM BANK, FSB | Conventional home mortgage | Closing on a mortgage | 1 | 8.3% |
| STATE FARM BANK, FSB | Conventional home mortgage | Struggling to pay mortgage | 1 | 8.3% |
| STATE FARM BANK, FSB | Conventional home mortgage | Trouble during payment process | 6 | 50.0% |
| STATE FARM BANK, FSB | Home equity loan or line of credit (HELOC) | Trouble during payment process | 2 | 16.7% |
| STATE FARM BANK, FSB | Other type of mortgage | Trouble during payment process | 2 | 16.7% |