Rayne State Bank & Trust Company Mortgage Lending & HMDA Data, 2016
In 2016, Rayne State Bank & Trust Company of Rayne, LA reported 154 mortgage applications totaling $29.6 million, up 9% from 2015. The average application was for $192,194, and applicants reported an average income of $141,090. 93% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Lafayette, LA (136), Crestview-Fort Walton Beach-Destin, FL (2) and Austin-Round Rock, TX (1) (applications in parentheses).
| Mortgage Company & Address | Rayne State Bank & Trust Company 200 South Adams Avenue Rayne, LA 70578 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 154 |
| Total Mortgage Loan Application Amount | $29,598,000 |
| Average Mortgage Loan Application Amount | $192,194 |
| Highest Mortgage Loan Application Amount | $1,925,000 |
| Average Applicant Income | $141,090 |
| Highest Applicant Income | $2,740,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Rayne State Bank & Trust Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
Mortgage Loan Application Detail Totals for Rayne State Bank & Trust Company in 2016
Loan Purpose |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Refinancing | 88 | $16,630,000 | $188,000 | $1,798,000 | $107,000 | $1,405,000 |
| Home Purchase | 50 | $11,695,000 | $233,000 | $1,925,000 | $164,000 | $809,000 |
| Home Improvement | 16 | $1,273,000 | $79,000 | $417,000 | $257,000 | $2,740,000 |
Applicant Race |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| White | 95 | $16,058,000 | $169,000 | $1,925,000 | $191,000 | $2,740,000 |
| Not applicable | 45 | $11,421,000 | $253,000 | $1,798,000 | $0 | $0 |
| Black or African American | 8 | $1,521,000 | $190,000 | $583,000 | $352,000 | $809,000 |
| Asian | 4 | $555,000 | $138,000 | $204,000 | $190,000 | $314,000 |
| Hispanic | 2 | $43,000 | $21,000 | $25,000 | $8,000 | $11,000 |
| Native Hawaiin or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 0 | $0 | $0 | $0 | $0 | $0 |
Loan Type |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 153 | $29,581,000 | $193,000 | $1,925,000 | $139,000 | $2,740,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $17,000 | $17,000 | $17,000 | $456,000 | $456,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
Outcome |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Loan Originated | 143 | $28,954,000 | $202,000 | $1,925,000 | $149,000 | $2,740,000 |
| Application Denied By Financial Institution | 11 | $644,000 | $58,000 | $204,000 | $35,000 | $62,000 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
Denial Reason |
Total Number of Mortgage Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Amount | Highest Mortgage Loan Amount | Average Applicant Income | Highest Applicant Income |
|---|---|---|---|---|---|---|
| Credit History | 7 | $434,000 | $62,000 | $204,000 | $37,000 | $62,000 |
| Debt-To-Income Ratio | 3 | $141,000 | $47,000 | $98,000 | $23,000 | $53,000 |
| Collateral | 1 | $69,000 | $69,000 | $69,000 | $59,000 | $59,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Rayne State Bank & Trust Company's 2016 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess Rayne State Bank & Trust Company's mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Louisiana, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About