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Sabine State Bank and Trust Company

Bank|Many, LA|Regional
Loans Originated
88
Applications
173
Volume
$17 million
Offers loans directly to consumers
Overall Pricing
Acceptable
Overall Pull Through
Acceptable

Pricing and Pullthrough Overview

Average Rate Spread
+0.622%
The average of the lender's APR minus the market's average APR (APOR)
Average Net Fees
$2,303
Borrower paid Origination Charges - Lender Credits
Pullthrough Rate
50.9%
Percentage of applications that result in closed loans

Safe Rate's Summary

Things to Think About

  • Rates typically 62 basis points above market average
  • Pull through efficiency is below industry average

Report Card

Sabine State Bank and Trust Company performance at a glance

CategoryRatingGradeDetails
Pricing
Rate competitiveness
AcceptableNear industry average
Pull Through
Closing Strength
AcceptableNear industry average
Products
Loan Type Specialists
Specialization score by loan product
Conventional
AcceptableNear industry average
FHA
SoundIndustry Standard
USDA
StrongHighly Competitive
Purpose
Reason specialization
Specialization score by loan purpose
Purchase
SoundIndustry Standard
Refinance
AcceptableNear industry average
Places
Geographic coverage
SoundRegional · 2 metro areas · 4 states
Rating Scale:
Exceptional (80-100)
Strong (60-79)
Sound (40-59)
Acceptable (20-39)
Mediocre (0-19)

Typical Borrower Profile

Average Loan Amount
$203,182
Average Borrower Income
$117,511
Average Property Value
$246,818

Performance by Loan Product

Loan TypeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Conventional
Mediocre
Acceptable
Mediocre
Mediocre
3843.2%+0.765%$2,317
FHA Loans
Sound
Sound
Sound
Sound
2427.3%+0.462%$2,501
USDA Loans
Strong
Strong
N/A
Strong
2427.3%+0.682%$1,645

Performance by Loan Purpose

PurposeOverall
ProductPricingPull ThroughVolumeMixSpread
Fees
Purchase
Acceptable
Sound
Acceptable
Acceptable
7585.2%+0.607%$2,330
Refinance
Acceptable
Acceptable
N/A
Acceptable
1314.8%+0.689%$2,186

Geographic Coverage

Metro Areas
1
States Served
4
We count Washington DC as a state
Avg Place Specialization
Sound

States with Loan Originations

GALAOKTX

Top Metro Areas by Place Specialization Score

1
Alexandria, LA, LAMSA
Volume: 13Mix: 14.77%
Place Specialization
Sound

Top States by Place Specialization Score

1
LAState
Volume: 72Mix: 81.82%
Place Specialization
Strong
2
TXState
Volume: 14Mix: 15.91%
Place Specialization
Sound

How We Rank Lenders

Our rankings use geometric mean scoring across equally-weighted categories. This rewards lenders who perform consistently well across all metrics, not just excel in one area.

Our Point System (Max 30 Points)

10
Pricing
Rate and fee competitiveness (33%)
10
Pull Through
Reliability in closing loans (33%)
10
Product
Specialization in the loan type (33%)
💎
Champion(80%+ = 24-30 points)
Superstar(60-79% = 18-23 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

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