The First National Bank Of Mount Dora Mortgage Rates, Fees & Info
Mount Dora, FLLEI: 2549001SGCT0DXW9UA79
Tax ID: 59-0242830
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Mortgage Data
Review & Overview
The First National Bank Of Mount Dora is a smaller bank specializing in Home Purchase loans. The First National Bank Of Mount Dora has a high proportion of conventional loans. Their top two markets are Orlando and North Port .The First National Bank Of Mount Dora 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.
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Originations
47Origination Dollar Volume (All Markets)
$8,185,000Top 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 |
|---|---|---|---|---|---|
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 46 | $7,930,000 | $172,391 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 47 | $8,185,000 | $174,149 | $0 | 0.00% |
For 2018, The First National Bank Of Mount Dora's most frequently originated type of loan was Conventional, with 47 originations.
Loan Reason
For 2018, The First National Bank Of Mount Dora's most frequently cited loan purpose was Home Purchase, with 31 originations. The 2nd most popular reason was Cash Out Refi, with 7 originations.
Loan Duration/Length
For 2018, The First National Bank Of Mount Dora's most frequently cited loan duration was 30 Year, with 24 originations. The 2nd most popular length was 15 Year, with 12 originations.
Loan Sizing
2018 saw The First National Bank Of Mount Dora place emphasis on $100,000 or less loans with 21 originations, totaling $1,105,000 in origination value.
Applicant Income
The First National Bank Of Mount Dora lent most frequently to those with incomes in the $100k-150k range, with 12 originations. The second most popular income band? $50k or less, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 47 | $8,185,000 | $174,149 | $0 | 0.00% |
The First National Bank Of Mount Dora lent most frequently to those with DTI ratios of Exempt%, with 47 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.75%
The First National Bank Of Mount Dora has an average approval rate.
Pick Rate
Approvals leading to origination74.47%
The First National Bank Of Mount Dora has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 47 | $8,185,000 | $174,149 |