Worthington National Bank Mortgage Rates, Fees & Info
Fort Worth, TXLEI: 254900JWLQKPGK4C0B30
Tax ID: 04-3681417
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Worthington National Bank is a smaller bank specializing in Home Purchase loans. Worthington National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Mineral Wells, Denver, Oxford, and Stephenville among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)Worthington National Bank 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
55Origination Dollar Volume (All Markets)
$26,725,000Top 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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 48 | $22,740,000 | $473,750 | $0 | 0.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $1,305,000 | $1,305,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $1,160,000 | $580,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $1,105,000 | $1,105,000 | $0 | 0.00% |
| Oxford, MS (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| Stephenville, TX (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 55 | $26,725,000 | $485,909 | $0 | 0.00% |
For 2023, Worthington National Bank's most frequently originated type of loan was Conventional, with 55 originations.
Loan Reason
For 2023, Worthington National Bank's most frequently cited loan purpose was Home Purchase, with 34 originations. The 2nd most popular reason was Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 55 | $26,725,000 | $485,909 | $0 | 0.00% |
For 2023, Worthington National Bank's most frequently cited loan duration was Other, with 55 originations.
Loan Sizing
2023 saw Worthington National Bank place emphasis on $200k-400k loans with 20 originations, totaling $5,540,000 in origination value.
Applicant Income
Worthington National Bank lent most frequently to those with incomes in the $250k+ range, with 19 originations. The second most popular income band? $150k-250k, with 5 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 55 | $26,725,000 | $485,909 | $0 | 0.00% |
Worthington National Bank lent most frequently to those with DTI ratios of Exempt%, with 55 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.38%
Worthington National Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination87.27%
Worthington National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 55 | $26,725,000 | $485,909 |