The City National Bank Of Sulphur Springs Mortgage Rates, Fees & Info

Sulphur Springs, TX

LEI: 254900M1AHTCIYKM7V90

Tax ID: 75-0191733

5 stars - Updated: 12/8/24 - out of 5 stars, based on 20 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

The City National Bank Of Sulphur Springs is a smaller bank specializing in Home Purchase loans. The City National Bank Of Sulphur Springs has a high proportion of conventional loans. Their top markets by origination volume include: Sulphur Springs, Dallas, Athens, Mount Pleasant, and Longview among others. We have data for 17 markets. (Some data included below & more in-depth data is available with an active subscription.)

The City National Bank Of Sulphur 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. The City National Bank Of Sulphur Springs is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.93% 12/8/24
30 Year Conventional Refi 6.84% 12/8/24
30 Year Cash-out Refi 7.27% 12/8/24
15 Year Conventional Purchase 6.82% 12/8/24
15 Year Conventional Refi 6.30% 12/8/24
15 Year Cash-out Refi 6.30% 12/8/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

The City National Bank Of Sulphur Springs Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from The City National Bank Of Sulphur Springs. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

411

Origination Dollar Volume (All Markets)

$107,015,000

Awards

The City National Bank of Sulphur Springs 30 Year Conventional Loans gold The City National Bank of Sulphur Springs 30 Year Conventional Loans gold The City National Bank of Sulphur Springs 30 Year Conventional Loans bronze
Show all (3) awards

Relative Rate

The City National Bank Of Sulphur Springs's average 30 year fixed mortgage rate was 7.59%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 1.11%.

Relative Fees (Closing Costs)

The City National Bank Of Sulphur Springs's average total fees/closing costs for a 30 year fixed rate mortgage were $3,382.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

Top 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 205 $55,765,000 $272,024 $3,464 7.87%
Sulphur Springs, TX (FHA|USDA|VA) 110 $23,390,000 $212,636 $3,076 8.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 36 $11,150,000 $309,722 $4,031 7.64%
Athens, TX (FHA|USDA|VA) 6 $6,590,000 $1,098,333 $4,233 7.65%
Mount Pleasant, TX (FHA|USDA|VA) 20 $3,010,000 $150,500 $2,599 7.64%
LONGVIEW, TX (FHA|USDA|VA) 16 $2,730,000 $170,625 $5,462 8.18%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $1,545,000 $1,545,000 $0 7.15%
TYLER, TX (FHA|USDA|VA) 5 $805,000 $161,000 $3,155 7.83%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $590,000 $295,000 $3,665 7.50%
Granbury, TX (FHA|USDA|VA) 2 $350,000 $175,000 $3,428 6.63%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $350,000 $175,000 $3,464 6.94%
Paris, TX (FHA|USDA|VA) 1 $155,000 $155,000 $5,995 6.75%
TULSA, OK (FHA|USDA|VA) 1 $145,000 $145,000 $3,796 6.88%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $135,000 $135,000 $0 8.00%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $135,000 $135,000 $0 7.50%
LUBBOCK, TX (FHA|USDA|VA) 1 $105,000 $105,000 $2,683 6.25%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $65,000 $65,000 $1,782 8.50%
The City National Bank Of Sulphur Springs's top markets include Sulphur Springs, Dallas, Athens, Mount Pleasant, and Longview among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against The City National Bank of Sulphur Springs based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Austin Bank, Texas
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    AAXY L.L.C.
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 407 $105,305,000 $258,735 $3,422 7.86%
    HELOC 4 $1,710,000 $427,500 n/a 8.25%

    For 2023, The City National Bank Of Sulphur Springs's most frequently originated type of loan was Conventional, with 407 originations. Their 2nd most popular type was HELOC, with 4 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 304 $92,310,000 $303,651 $3,618 7.64%
    Home Improvement 45 $5,245,000 $116,556 $2,730 8.21%
    Cash Out Refi 39 $6,795,000 $174,231 $3,266 8.69%
    Other 18 $2,230,000 $123,889 $2,772 8.60%
    Refi 5 $435,000 $87,000 $1,988 8.80%

    For 2023, The City National Bank Of Sulphur Springs's most frequently cited loan purpose was Home Purchase, with 304 originations. The 2nd most popular reason was Home Improvement, with 45 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 211 $57,395,000 $272,014 $3,382 7.59%
    20 Year 62 $11,410,000 $184,032 $2,926 8.12%
    Other 50 $14,370,000 $287,400 $2,970 8.14%
    15 Year 20 $1,820,000 $91,000 $2,408 8.80%
    5 Year 17 $5,775,000 $339,706 $0 7.83%
    1 Year 16 $4,530,000 $283,125 $6,090 8.13%
    30+ year 16 $6,470,000 $404,375 $6,379 7.44%
    10 Year 10 $620,000 $62,000 $1,995 8.74%
    3 Year 9 $4,625,000 $513,889 $0 8.11%

    For 2023, The City National Bank Of Sulphur Springs's most frequently cited loan duration was 30 Year, with 211 originations. The 2nd most popular length was 20 Year, with 62 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 233 $55,085,000 $236,416
    $2k-3k 13 $3,195,000 $245,769
    $1k-2k 12 $2,930,000 $244,167
    $3k-4k 8 $2,930,000 $366,250
    $5k+ 5 $3,795,000 $759,000
    $4k-5k 4 $1,550,000 $387,500

    The City National Bank Of Sulphur Springs's average total fees were $3,382, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 233 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    7-8% 192 $59,480,000 $309,792
    Over 8% 131 $20,485,000 $156,374
    6-7% 80 $25,300,000 $316,250
    5-6% 7 $1,215,000 $173,571
    4-5% 1 $535,000 $535,000

    During 2023, The City National Bank Of Sulphur Springs's average interest rate for loans was 7.59%, while their most frequently originated rate bucket for loans was 7-8%, with 192 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 143 $20,555,000 $143,741 $3,099 7.88%
    $200k-400k 111 $30,925,000 $278,604 $3,832 7.49%
    $100,000 or less 90 $5,760,000 $64,000 $2,211 8.64%
    $400k-600k 38 $18,530,000 $487,632 $4,108 7.40%
    $600k-1MM 19 $13,235,000 $696,579 $4,459 7.33%
    $1MM+ 10 $18,010,000 $1,801,000 $10,890 7.48%

    2023 saw The City National Bank Of Sulphur Springs place emphasis on $100k-200k loans with 143 originations, totaling $20,555,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 83 $26,025,000 $313,554 $3,864 7.73%
    $100k-150k 80 $16,110,000 $201,375 $3,608 7.67%
    $50k-75k 61 $8,515,000 $139,590 $2,950 7.81%
    $250k+ 52 $23,620,000 $454,231 $3,872 7.75%
    $75k-100k 44 $7,190,000 $163,409 $3,277 8.08%
    $50k or less 33 $2,955,000 $89,545 $2,634 8.36%

    The City National Bank Of Sulphur Springs lent most frequently to those with incomes in the $150k-250k range, with 83 originations. The second most popular income band? $100k-150k, with 80 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 69 $14,345,000 $207,899 $3,242 7.79%
    30-36% 69 $17,545,000 $254,275 $3,341 7.71%
    <20% 30 $5,670,000 $189,000 $2,714 7.61%
    >60% 22 $4,300,000 $195,455 $4,354 8.57%
    50-60% 21 $4,455,000 $212,143 $3,800 8.08%
    36% 16 $4,890,000 $305,625 $4,712 7.36%
    44% 16 $3,910,000 $244,375 $3,412 8.18%
    41% 14 $3,970,000 $283,571 $3,329 7.63%
    48% 13 $2,365,000 $181,923 $3,510 7.54%
    39% 13 $3,695,000 $284,231 $3,233 7.81%
    38% 13 $2,775,000 $213,462 $3,989 8.43%
    40% 11 $3,595,000 $326,818 $4,112 7.40%
    46% 10 $2,600,000 $260,000 $3,335 7.78%
    37% 9 $1,935,000 $215,000 $2,908 8.19%
    43% 9 $2,105,000 $233,889 $2,943 8.08%
    45% 8 $2,190,000 $273,750 $3,851 8.12%
    47% 8 $2,420,000 $302,500 $2,408 7.69%
    42% 7 $1,715,000 $245,000 $3,088 7.38%
    49% 5 $2,345,000 $469,000 $5,916 7.54%

    The City National Bank Of Sulphur Springs lent most frequently to those with DTI ratios of 20-30%, with 69 originations. The next most common DTI ratio? 30-36%, with 69 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 317 $76,605,000 $241,656 $3,427 7.84%
    Not applicable 55 $19,055,000 $346,455 $0 8.04%
    Not provided 26 $6,850,000 $263,462 $3,444 7.83%
    American Indian 5 $1,345,000 $269,000 $3,095 7.05%
    Other Asian 1 $1,275,000 $1,275,000 $0 8.50%
    Black 6 $1,180,000 $196,667 $3,740 7.83%
    Asian 1 $705,000 $705,000 $1,812 7.75%

    Approval Rates

    Total approvals of all applications
    92.45%

    The City National Bank Of Sulphur Springs has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.86%

    The City National Bank Of Sulphur Springs has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 411 $107,015,000 $260,377

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    411 $107,015,000 $260,377

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 65 $8,565,000 $131,769 $2,796 7.90%
    40-60% 96 $24,590,000 $256,146 $3,125 7.98%
    60-80% 144 $53,610,000 $372,292 $3,980 7.80%
    80-100% 83 $17,465,000 $210,422 $3,857 7.76%
    Under 20% 22 $2,580,000 $117,273 $2,374 8.00%