The City National Bank Of Sulphur Springs Mortgage Rates, Fees & Info
Sulphur Springs, TXLEI: 254900M1AHTCIYKM7V90
Tax ID: 75-0191733
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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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.93% | 4/18/24 |
| 30 Year Conventional Refi | 6.84% | 4/18/24 |
| 30 Year Cash-out Refi | 7.27% | 4/18/24 |
| 15 Year Conventional Purchase | 6.82% | 4/18/24 |
| 15 Year Conventional Refi | 6.30% | 4/18/24 |
| 15 Year Cash-out Refi | 6.30% | 4/18/24 |
| 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
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This is not an official calculator from The City National Bank Of Sulphur Springs. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
411Origination Dollar Volume (All Markets)
$107,015,000Awards
The City National Bank of Sulphur Springs - 2023
The City National Bank of Sulphur Springs is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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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% |
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.
Similarity Rank: 26
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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
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
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
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
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
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
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
Approval Rates
Total approvals of all applications92.45%
The City National Bank Of Sulphur Springs has an average approval rate.
Pick Rate
Approvals leading to origination86.86%
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 |