State Bank Of Lizton Mortgage Rates, Fees & Info

Brownsburg, IN

LEI: 549300XYCNS3JDVQXU89

Tax ID: 35-0683790

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    State Bank Of Lizton is a smaller bank specializing in Refi and Home Purchase loans. State Bank Of Lizton has a high proportion of conventional loans. Their top two markets are Indianapolis and Lafayette .

    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.

    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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    25

    Origination Dollar Volume (All Markets)

    $4,465,000

    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
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 23 $4,075,000 $177,174 $0 0.00%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $390,000 $195,000 $0 0.00%
    State Bank Of Lizton's top markets include Indianapolis and Lafayette among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 25 $4,465,000 $178,600 $0 0.00%

    For 2019, State Bank Of Lizton's most frequently originated type of loan was Conventional, with 25 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 11 $2,415,000 $219,545 $0 0.00%
    Home Purchase 10 $1,900,000 $190,000 $0 0.00%
    Other 3 $125,000 $41,667 $0 0.00%
    Home Improvement 1 $25,000 $25,000 $0 0.00%

    For 2019, State Bank Of Lizton's most frequently cited loan purpose was Refi, with 11 originations. The 2nd most popular reason was Home Purchase, with 10 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 25 $4,465,000 $178,600 $0 0.00%

    For 2019, State Bank Of Lizton's most frequently cited loan duration was Other, with 25 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 12 $1,760,000 $146,667 $0 0.00%
    $100,000 or less 6 $260,000 $43,333 $0 0.00%
    $200k-400k 5 $1,505,000 $301,000 $0 0.00%
    $400k-600k 2 $940,000 $470,000 $0 0.00%

    2019 saw State Bank Of Lizton place emphasis on $100k-200k loans with 12 originations, totaling $1,760,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 5 $895,000 $179,000 $0 0.00%
    $50k-75k 4 $390,000 $97,500 $0 0.00%
    $100k-150k 3 $605,000 $201,667 $0 0.00%
    $50k or less 2 $50,000 $25,000 $0 0.00%
    $75k-100k 2 $450,000 $225,000 $0 0.00%
    $150k-250k 1 $475,000 $475,000 $0 0.00%

    State Bank Of Lizton lent most frequently to those with incomes in the $250k+ range, with 5 originations. The second most popular income band? $50k-75k, with 4 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 25 $4,465,000 $178,600 $0 0.00%

    State Bank Of Lizton lent most frequently to those with DTI ratios of Exempt%, with 25 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 16 $2,820,000 $176,250 $0 0.00%
    Not applicable 8 $1,600,000 $200,000 $0 0.00%
    Not provided 1 $45,000 $45,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    82.72%

    State Bank Of Lizton has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    24.00%

    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 25 $4,465,000 $178,600

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $465,000 $465,000
    Single Family (1-4 Units):Site-Built 24 $4,000,000 $166,667

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    STATE FARM BANK, FSB Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 16.7%
    STATE FARM BANK, FSB Conventional home mortgage Problem with a credit reporting company's investigation into an existing problem 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 5 41.7%
    STATE FARM BANK, FSB Home equity loan or line of credit (HELOC) Trouble during payment process 2 16.7%
    STATE FARM BANK, FSB VA mortgage Trouble during payment process 1 8.3%