First Security Bank & Trust Company Mortgage Rates, Fees & Info
Oklahoma City, OKLEI: 254900KOW652UXXY2V12
Tax ID: 73-0589840
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First Security Bank & Trust Company is a smaller bank specializing in Home Purchase loans. First Security Bank & Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Oklahoma City, Tulsa, Enid, Shawnee, and Riverside among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)First Security Bank & Trust Company 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
157Origination Dollar Volume (All Markets)
$22,985,000Top 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 |
|---|---|---|---|---|---|
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 145 | $21,465,000 | $148,034 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $390,000 | $195,000 | $0 | 0.00% |
| ENID, OK (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 0.00% |
| Shawnee, OK (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 157 | $22,985,000 | $146,401 | $0 | 0.00% |
For 2024, First Security Bank & Trust Company's most frequently originated type of loan was Conventional, with 157 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 149 | $21,835,000 | $146,544 | $0 | 0.00% |
| Refi | 7 | $995,000 | $142,143 | $0 | 0.00% |
| Cash Out Refi | 1 | $155,000 | $155,000 | $0 | 0.00% |
For 2024, First Security Bank & Trust Company's most frequently cited loan purpose was Home Purchase, with 149 originations. The 2nd most popular reason was Refi, with 7 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 157 | $22,985,000 | $146,401 | $0 | 0.00% |
For 2024, First Security Bank & Trust Company's most frequently cited loan duration was Other, with 157 originations.
Loan Sizing
2024 saw First Security Bank & Trust Company place emphasis on $100k-200k loans with 93 originations, totaling $13,375,000 in origination value.
Applicant Income
First Security Bank & Trust Company lent most frequently to those with incomes in the $100k-150k range, with 1 originations. The second most popular income band? $150k-250k, with 1 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 157 | $22,985,000 | $146,401 | $0 | 0.00% |
First Security Bank & Trust Company lent most frequently to those with DTI ratios of Exempt%, with 157 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.38%
First Security Bank & Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination84.08%
First Security Bank & Trust Company has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 157 | $22,985,000 | $146,401 |