Landmark National Bank Mortgage Rates, Fees & Info

Manhattan, KS

LEI: 8AI385EP1ZJCMUOZ8022

Tax ID: 48-0319663

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

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

    Landmark National Bank is a smaller bank specializing in Home Purchase loans. Landmark National Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Topeka, Kansas City, Manhattan, Dodge City, and Lawrence among others. We have data for 43 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Landmark National Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Landmark National Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.70% 12/16/24
    30 Year Conventional Refi 6.59% 12/16/24
    30 Year Cash-out Refi 6.67% 12/16/24
    30 Year FHA Purchase 7.43% 12/16/24
    30 Year FHA Refi 6.27% 12/16/24
    30 Year VA Purchase 6.51% 12/16/24
    30 Year USDA Purchase 6.89% 12/16/24
    15 Year Conventional Purchase 6.25% 12/16/24
    15 Year Conventional Refi 6.12% 12/16/24
    15 Year Cash-out Refi 6.12% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    Landmark National Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Landmark National Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    1,186

    Origination Dollar Volume (All Markets)

    $250,250,000
    Show all (18) awards

    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
    TOPEKA, KS (FHA|USDA|VA) 414 $84,650,000 $204,469 $3,084 4.87%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 157 $46,225,000 $294,427 $2,691 4.75%
    MANHATTAN, KS (FHA|USDA|VA) 174 $34,890,000 $200,517 $3,372 4.88%
    Dodge City, KS (FHA|USDA|VA) 121 $22,135,000 $182,934 $3,260 4.82%
    Outside of Metro Areas 126 $16,800,000 $133,333 $2,937 5.04%
    LAWRENCE, KS (FHA|USDA|VA) 50 $15,430,000 $308,600 $1,964 4.47%
    Garden City, KS (FHA|USDA|VA) 22 $4,870,000 $221,364 $3,350 4.62%
    Great Bend, KS (FHA|USDA|VA) 51 $4,705,000 $92,255 $2,306 5.28%
    WICHITA, KS (FHA|USDA|VA) 13 $3,575,000 $275,000 $2,604 5.46%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $1,990,000 $995,000 $0 6.65%
    Hutchinson, KS (FHA|USDA|VA) 3 $1,615,000 $538,333 $2,069 3.48%
    Pittsburg, KS (FHA|USDA|VA) 9 $1,325,000 $147,222 $2,246 4.88%
    COLUMBIA, MO (FHA|USDA|VA) 5 $1,315,000 $263,000 $2,686 4.33%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $1,260,000 $630,000 $4,197 4.44%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $1,210,000 $605,000 $2,516 5.19%
    Warrensburg, MO (FHA|USDA|VA) 3 $1,015,000 $338,333 $2,381 5.38%
    Ottawa, KS (FHA|USDA|VA) 4 $750,000 $187,500 $2,528 4.97%
    GREELEY, CO (FHA|USDA|VA) 1 $645,000 $645,000 $3,139 3.75%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $645,000 $645,000 $4,285 5.63%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $435,000 $435,000 $5,750 5.13%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $415,000 $415,000 $3,683 5.63%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $415,000 $415,000 $4,286 4.50%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $405,000 $405,000 $5,319 4.88%
    Coffeyville, KS (FHA|USDA|VA) 2 $320,000 $160,000 $2,414 4.88%
    Emporia, KS (FHA|USDA|VA) 2 $290,000 $145,000 $2,083 4.69%
    ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $255,000 $255,000 $2,919 6.63%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $245,000 $245,000 $2,126 6.00%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $245,000 $245,000 $3,907 3.88%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $215,000 $215,000 $4,376 5.00%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $205,000 $205,000 $3,594 4.75%
    Kalispell, MT (FHA|USDA|VA) 1 $205,000 $205,000 $3,793 3.63%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.00%
    Winfield, KS (FHA|USDA|VA) 1 $195,000 $195,000 $1,936 5.50%
    Salina, KS (FHA|USDA|VA) 1 $185,000 $185,000 $5,409 4.50%
    Branson, MO (FHA|USDA|VA) 1 $185,000 $185,000 $7,014 6.00%
    Moberly, MO (FHA|USDA|VA) 1 $175,000 $175,000 $1,832 3.50%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.38%
    Atchison, KS (FHA|USDA|VA) 1 $125,000 $125,000 $2,346 6.75%
    Hays, KS (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.13%
    Maryville, MO (FHA|USDA|VA) 1 $85,000 $85,000 $3,219 4.00%
    Durant, OK (FHA|USDA|VA) 1 $55,000 $55,000 $2,957 5.25%
    TULSA, OK (FHA|USDA|VA) 1 $55,000 $55,000 $4,816 5.50%
    Sedalia, MO (FHA|USDA|VA) 1 $45,000 $45,000 $0 6.00%
    Landmark National Bank's top markets include Topeka, Kansas City, Manhattan, Dodge City, and Lawrence among others.

    Their top states include:
  • Kansas (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Landmark National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    The Farmers State Bank of Westmoreland
    Similarity Rank: 28
    CoreFirst Bank & Trust
    Similarity Rank: 70
    GOLDEN PLAINS
    Similarity Rank: 80
    Azura Credit Union
    Similarity Rank: 150
    MAINSTREET FEDERAL CREDIT UNION
    Similarity Rank: 175
    Bank of the Flint Hills
    Similarity Rank: 300
    MERITRUST Federal Credit Union
    Similarity Rank: 315
    FRONTIER COMMUNITY CREDIT UNION
    Similarity Rank: 354
    Exchange Bank
    Similarity Rank: 400
    West Gate Bank
    Similarity Rank: 488

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 943 $205,385,000 $217,800 $2,336 4.88%
    FHA 90 $16,830,000 $187,000 $5,813 4.98%
    VA 87 $18,825,000 $216,379 $5,482 4.77%
    USDA 66 $9,210,000 $139,545 $3,672 4.70%

    For 2022, Landmark National Bank's most frequently originated type of loan was Conventional, with 943 originations. Their 2nd most popular type was FHA, with 90 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 995 $207,365,000 $208,407 $3,098 4.97%
    Cash Out Refi 84 $15,680,000 $186,667 $2,621 4.02%
    Refi 73 $21,785,000 $298,425 $2,116 4.39%
    Other 20 $3,840,000 $192,000 $2,431 5.05%
    Home Improvement 14 $1,580,000 $112,857 $1,543 5.29%

    For 2022, Landmark National Bank's most frequently cited loan purpose was Home Purchase, with 995 originations. The 2nd most popular reason was Cash Out Refi, with 84 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 962 $203,500,000 $211,538 $3,098 4.86%
    15 Year 89 $11,955,000 $134,326 $2,193 4.12%
    20 Year 71 $18,745,000 $264,014 $2,052 5.62%
    Other 29 $5,985,000 $206,379 $2,058 5.64%
    1 Year 14 $4,360,000 $311,429 $2,194 5.30%
    10 Year 12 $1,590,000 $132,500 $1,851 4.31%
    5 Year 9 $4,115,000 $457,222 $286 5.58%

    For 2022, Landmark National Bank's most frequently cited loan duration was 30 Year, with 962 originations. The 2nd most popular length was 15 Year, with 89 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 755 $159,775,000 $211,623
    $1k-2k 208 $39,460,000 $189,712
    $2k-3k 24 $5,610,000 $233,750
    $3k-4k 17 $4,515,000 $265,588
    $4k-5k 12 $3,980,000 $331,667
    $5k+ 4 $1,790,000 $447,500

    Landmark National Bank's average total fees were $3,098, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 755 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 422 $88,240,000 $209,100
    3-4% 270 $58,140,000 $215,333
    4-5% 256 $59,920,000 $234,063
    6-7% 124 $22,790,000 $183,790
    2.5-3% 57 $10,875,000 $190,789
    7-8% 40 $5,720,000 $143,000
    <2.5% 17 $4,565,000 $268,529

    During 2022, Landmark National Bank's average interest rate for loans was 4.86%, while their most frequently originated rate bucket for loans was 5-6%, with 422 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 449 $67,225,000 $149,722 $2,797 4.94%
    $200k-400k 398 $107,020,000 $268,894 $3,435 4.78%
    $100,000 or less 237 $15,955,000 $67,321 $2,298 5.01%
    $400k-600k 75 $34,945,000 $465,933 $3,028 4.52%
    $600k-1MM 18 $13,240,000 $735,556 $5,520 4.63%
    $1MM+ 9 $11,865,000 $1,318,333 $2,262 5.50%

    2022 saw Landmark National Bank place emphasis on $100k-200k loans with 449 originations, totaling $67,225,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 305 $49,285,000 $161,590 $3,050 4.82%
    $100k-150k 238 $60,990,000 $256,261 $3,099 4.83%
    $50k or less 214 $23,680,000 $110,654 $2,692 4.75%
    $75k-100k 181 $36,305,000 $200,580 $3,246 4.85%
    $150k-250k 111 $37,875,000 $341,216 $3,019 4.75%
    $250k+ 42 $17,190,000 $409,286 $2,532 4.63%

    Landmark National Bank lent most frequently to those with incomes in the $50k-75k range, with 305 originations. The second most popular income band? $100k-150k, with 238 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 251 $48,345,000 $192,610 $2,510 4.66%
    30-36% 216 $47,800,000 $221,296 $2,853 4.77%
    <20% 89 $15,845,000 $178,034 $2,364 4.52%
    42% 59 $16,085,000 $272,627 $3,607 4.48%
    41% 50 $9,890,000 $197,800 $2,527 4.75%
    39% 47 $8,735,000 $185,851 $2,756 4.66%
    38% 43 $8,905,000 $207,093 $2,740 4.73%
    36% 43 $9,325,000 $216,860 $3,272 4.86%
    40% 40 $8,890,000 $222,250 $2,885 4.82%
    44% 39 $7,165,000 $183,718 $3,473 5.33%
    37% 33 $6,305,000 $191,061 $3,655 5.00%
    50-60% 31 $6,985,000 $225,323 $5,049 5.18%
    43% 25 $4,715,000 $188,600 $3,225 4.92%
    46% 24 $5,370,000 $223,750 $3,596 4.91%
    45% 22 $4,060,000 $184,545 $2,987 4.60%
    48% 22 $4,450,000 $202,273 $4,846 4.77%
    47% 20 $3,850,000 $192,500 $4,027 5.23%
    49% 18 $3,430,000 $190,556 $4,533 5.02%

    Landmark National Bank lent most frequently to those with DTI ratios of 20-30%, with 251 originations. The next most common DTI ratio? 30-36%, with 216 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 966 $200,190,000 $207,236 $2,952 4.78%
    Not applicable 79 $21,615,000 $273,608 $0 5.87%
    Not provided 100 $19,460,000 $194,600 $3,150 5.06%
    American Indian 16 $3,630,000 $226,875 $4,493 4.63%
    Asian 13 $3,135,000 $241,154 $2,310 4.64%
    Black 10 $1,850,000 $185,000 $4,150 4.85%
    Other Asian 1 $265,000 $265,000 $4,361 7.13%
    Native Hawaiian or Islander 1 $105,000 $105,000 $2,460 4.50%

    Approval Rates

    Total approvals of all applications
    95.99%

    Landmark National Bank 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
    85.08%

    Landmark National Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,186 $250,250,000 $211,003

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,186 $250,250,000 $211,003

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 39 $5,925,000 $151,923 $2,047 4.55%
    40-60% 92 $19,580,000 $212,826 $2,611 4.71%
    60-80% 350 $79,650,000 $227,571 $2,373 4.84%
    80-100% 668 $137,740,000 $206,198 $3,169 4.92%
    Over 100% 24 $5,410,000 $225,417 $7,811 4.93%
    Under 20% 13 $1,945,000 $149,615 $2,361 5.32%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    LAND HOME FINANCIAL SERVICES Conventional home mortgage Trouble during payment process 1 100.0%