The First National Bank Of Anson Mortgage Rates, Fees & Info
Anson, TXLEI: 2549005AK04LGIZGXS10
Tax ID: 75-0115555
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The First National Bank Of Anson is a smaller bank specializing in Home Purchase loans. The First National Bank Of Anson has a high proportion of conventional loans. Their top markets by origination volume include: Abilene, Dallas, Brownsville, and Houston among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)The First National Bank Of Anson 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.
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Originations
22Origination Dollar Volume (All Markets)
$2,640,000Top 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 |
|---|---|---|---|---|---|
| ABILENE, TX (FHA|USDA|VA) | 18 | $1,880,000 | $104,444 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 22 | $2,640,000 | $120,000 | $0 | 0.00% |
For 2023, The First National Bank Of Anson's most frequently originated type of loan was Conventional, with 22 originations.
Loan Reason
For 2023, The First National Bank Of Anson's most frequently cited loan purpose was Home Purchase, with 15 originations. The 2nd most popular reason was Home Improvement, with 4 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 22 | $2,640,000 | $120,000 | $0 | 0.00% |
For 2023, The First National Bank Of Anson's most frequently cited loan duration was Other, with 22 originations.
Loan Sizing
2023 saw The First National Bank Of Anson place emphasis on $100,000 or less loans with 13 originations, totaling $775,000 in origination value.
Applicant Income
The First National Bank Of Anson lent most frequently to those with incomes in the $150k-250k range, with 6 originations. The second most popular income band? $50k or less, with 5 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 22 | $2,640,000 | $120,000 | $0 | 0.00% |
The First National Bank Of Anson lent most frequently to those with DTI ratios of Exempt%, with 22 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 21 | $2,535,000 | $120,714 | $0 | 0.00% |
| American Indian | 1 | $105,000 | $105,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications83.33%
The First National Bank Of Anson has a below average approval rate.
Pick Rate
Approvals leading to origination68.18%
The First National Bank Of Anson 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 | 22 | $2,640,000 | $120,000 |