First Texoma National Bank Mortgage Rates, Fees & Info
Durant, OKLEI: 254900FP6SX9QWAB1J85
Tax ID: 73-0222325
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First Texoma National Bank is a smaller bank specializing in Home Purchase and Refi loans. First Texoma National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Durant, Dallas, Stillwater, Sherman, and Bonham among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)First Texoma National Bank has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
41Origination Dollar Volume (All Markets)
$6,285,000Top 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 |
|---|---|---|---|---|---|
| Durant, OK (FHA|USDA|VA) | 33 | $3,375,000 | $102,273 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $2,190,000 | $1,095,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $355,000 | $118,333 | $0 | 0.00% |
| Stillwater, OK (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Bonham, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 41 | $6,285,000 | $153,293 | $0 | 0.00% |
For 2023, First Texoma National Bank's most frequently originated type of loan was Conventional, with 41 originations.
Loan Reason
For 2023, First Texoma National Bank's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Refi, with 13 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 41 | $6,285,000 | $153,293 | $0 | 0.00% |
For 2023, First Texoma National Bank's most frequently cited loan duration was Other, with 41 originations.
Loan Sizing
2023 saw First Texoma National Bank place emphasis on $100,000 or less loans with 24 originations, totaling $1,550,000 in origination value.
Applicant Income
First Texoma National Bank lent most frequently to those with incomes in the $100k-150k range, with 11 originations. The second most popular income band? $50k-75k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 41 | $6,285,000 | $153,293 | $0 | 0.00% |
First Texoma National Bank lent most frequently to those with DTI ratios of Exempt%, with 41 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications78.95%
First Texoma National Bank has a below average approval rate.
Pick Rate
Approvals leading to origination90.24%
First Texoma National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 41 | $6,285,000 | $153,293 |