The First National Bank Of Hughes Springs Mortgage Rates, Fees & Info
Hughes Springs, TXLEI: 254900B7OQXWTD0I4K81
Tax ID: 75-0348875
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
The First National Bank Of Hughes Springs is a smaller bank specializing in Home Purchase loans. The First National Bank Of Hughes Springs has a high proportion of conventional loans. Their top markets by origination volume include: Longview, Waco, Texarkana, Tyler, and Daphne among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)The First National Bank Of Hughes Springs 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.
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.
Originations
135Origination Dollar Volume (All Markets)
$18,915,000Top 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 |
|---|---|---|---|---|---|
| LONGVIEW, TX (FHA|USDA|VA) | 46 | $9,080,000 | $197,391 | $0 | 0.00% |
| Outside of Metro Areas | 57 | $3,735,000 | $65,526 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 9 | $2,405,000 | $267,222 | $0 | 0.00% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 8 | $1,040,000 | $130,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 6 | $690,000 | $115,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| Jacksonville, TX (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $0 | 0.00% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 135 | $18,915,000 | $140,111 | $0 | 0.00% |
For 2022, The First National Bank Of Hughes Springs's most frequently originated type of loan was Conventional, with 135 originations.
Loan Reason
For 2022, The First National Bank Of Hughes Springs's most frequently cited loan purpose was Home Purchase, with 71 originations. The 2nd most popular reason was Other, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 135 | $18,915,000 | $140,111 | $0 | 0.00% |
For 2022, The First National Bank Of Hughes Springs's most frequently cited loan duration was Other, with 135 originations.
Loan Sizing
2022 saw The First National Bank Of Hughes Springs place emphasis on $100,000 or less loans with 78 originations, totaling $3,940,000 in origination value.
Applicant Income
The First National Bank Of Hughes Springs lent most frequently to those with incomes in the $100k-150k range, with 30 originations. The second most popular income band? $50k-75k, with 27 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 135 | $18,915,000 | $140,111 | $0 | 0.00% |
The First National Bank Of Hughes Springs lent most frequently to those with DTI ratios of Exempt%, with 135 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.34%
The First National Bank Of Hughes Springs has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination82.96%
The First National Bank Of Hughes Springs has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 135 | $18,915,000 | $140,111 |