First Texas Bank Mortgage Rates, Fees & Info
Lampasas, TXLEI: 254900LQPR8CYPBIJ478
Tax ID: 74-0736328
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First Texas Bank is a smaller bank specializing in Home Purchase loans. First Texas Bank has a high proportion of conventional loans. Their top markets by origination volume include: Killeen, San Antonio, and Austin among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)First Texas Bank has a below 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
18Origination Dollar Volume (All Markets)
$5,290,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 4 | $2,700,000 | $675,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 12 | $1,760,000 | $146,667 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 18 | $5,290,000 | $293,889 | $0 | 0.00% |
For 2023, First Texas Bank's most frequently originated type of loan was Conventional, with 18 originations.
Loan Reason
For 2023, First Texas Bank's most frequently cited loan purpose was Home Purchase, with 8 originations. The 2nd most popular reason was Home Improvement, with 5 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 18 | $5,290,000 | $293,889 | $0 | 0.00% |
For 2023, First Texas Bank's most frequently cited loan duration was Other, with 18 originations.
Loan Sizing
2023 saw First Texas Bank place emphasis on $100,000 or less loans with 5 originations, totaling $155,000 in origination value.
Applicant Income
First Texas Bank lent most frequently to those with incomes in the $100k-150k range, with 7 originations. The second most popular income band? $250k+, with 2 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 18 | $5,290,000 | $293,889 | $0 | 0.00% |
First Texas Bank lent most frequently to those with DTI ratios of Exempt%, with 18 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications64.71%
First Texas Bank has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination77.78%
First Texas Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 18 | $5,290,000 | $293,889 |