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

Sulphur Springs, TX

LEI: 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, Bonham, Athens, and Longview among others. We have data for 18 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.

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SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.93% 10/31/24
30 Year Conventional Refi 6.84% 10/31/24
30 Year Cash-out Refi 7.27% 10/31/24
15 Year Conventional Purchase 6.82% 10/31/24
15 Year Conventional Refi 6.30% 10/31/24
15 Year Cash-out Refi 6.30% 10/31/24
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

594

Origination Dollar Volume (All Markets)

$145,810,000

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 gold
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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 284 $65,450,000 $230,458 $3,081 5.52%
Sulphur Springs, TX (FHA|USDA|VA) 151 $31,175,000 $206,457 $3,345 5.33%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 55 $15,715,000 $285,727 $4,162 5.20%
Bonham, TX (FHA|USDA|VA) 2 $8,360,000 $4,180,000 $2,762 6.10%
Athens, TX (FHA|USDA|VA) 4 $7,660,000 $1,915,000 $3,225 5.44%
LONGVIEW, TX (FHA|USDA|VA) 29 $4,365,000 $150,517 $3,023 5.61%
Mount Pleasant, TX (FHA|USDA|VA) 30 $3,780,000 $126,000 $2,816 5.90%
TEXARKANA, TX-AR (FHA|USDA|VA) 16 $2,920,000 $182,500 $3,404 5.45%
TYLER, TX (FHA|USDA|VA) 10 $2,880,000 $288,000 $5,399 5.64%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $1,020,000 $510,000 $4,279 4.25%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $860,000 $430,000 $7,134 5.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $550,000 $275,000 $0 5.13%
LAREDO, TX (FHA|USDA|VA) 1 $315,000 $315,000 $3,721 6.88%
Nacogdoches, TX (FHA|USDA|VA) 2 $250,000 $125,000 $0 5.38%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $205,000 $205,000 $3,909 4.25%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.75%
Paris, TX (FHA|USDA|VA) 1 $115,000 $115,000 $3,666 4.50%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.95%
The City National Bank Of Sulphur Springs's top markets include Sulphur Springs, Dallas, Bonham, Athens, and Longview among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Louisiana (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.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 594 $145,810,000 $245,471 $3,332 5.46%

    For 2022, The City National Bank Of Sulphur Springs's most frequently originated type of loan was Conventional, with 594 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 375 $102,635,000 $273,693 $3,473 5.40%
    Cash Out Refi 107 $17,555,000 $164,065 $3,347 5.55%
    Home Improvement 44 $6,060,000 $137,727 $2,895 5.86%
    Refi 37 $15,605,000 $421,757 $3,498 4.82%
    Other 31 $3,955,000 $127,581 $2,457 6.08%

    For 2022, The City National Bank Of Sulphur Springs's most frequently cited loan purpose was Home Purchase, with 375 originations. The 2nd most popular reason was Cash Out Refi, with 107 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 307 $76,375,000 $248,779 $3,565 5.32%
    20 Year 105 $15,665,000 $149,190 $2,715 5.67%
    15 Year 74 $11,370,000 $153,649 $2,707 5.12%
    Other 34 $14,210,000 $417,941 $2,715 5.94%
    5 Year 34 $20,830,000 $612,647 $2,316 5.95%
    1 Year 19 $4,825,000 $253,947 $0 5.86%
    10 Year 18 $2,240,000 $124,444 $2,575 5.71%
    3 Year 2 $230,000 $115,000 $0 6.25%
    30+ year 1 $65,000 $65,000 $2,949 5.25%

    For 2022, The City National Bank Of Sulphur Springs's most frequently cited loan duration was 30 Year, with 307 originations. The 2nd most popular length was 20 Year, with 105 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 365 $77,615,000 $212,644
    $5k+ 10 $3,630,000 $363,000
    $3k-4k 9 $2,505,000 $278,333
    $2k-3k 8 $2,220,000 $277,500
    $4k-5k 6 $2,240,000 $373,333
    $1k-2k 5 $505,000 $101,000

    The City National Bank Of Sulphur Springs's average total fees were $3,565, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 365 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 184 $51,910,000 $282,120
    4-5% 155 $41,995,000 $270,935
    6-7% 105 $20,415,000 $194,429
    3-4% 87 $23,835,000 $273,966
    7-8% 34 $4,330,000 $127,353
    Over 8% 22 $2,210,000 $100,455
    2.5-3% 6 $910,000 $151,667
    <2.5% 1 $205,000 $205,000

    During 2022, The City National Bank Of Sulphur Springs's average interest rate for loans was 5.32%, while their most frequently originated rate bucket for loans was 5-6%, with 184 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 185 $50,905,000 $275,162 $3,743 5.04%
    $100k-200k 176 $25,460,000 $144,659 $3,045 5.47%
    $100,000 or less 164 $11,740,000 $71,585 $2,346 6.06%
    $400k-600k 47 $22,695,000 $482,872 $5,550 5.10%
    $600k-1MM 16 $11,670,000 $729,375 $3,125 5.23%
    $1MM+ 6 $23,340,000 $3,890,000 $0 5.06%

    2022 saw The City National Bank Of Sulphur Springs place emphasis on $200k-400k loans with 185 originations, totaling $50,905,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 117 $24,505,000 $209,444 $3,307 5.40%
    $150k-250k 106 $28,970,000 $273,302 $3,959 5.26%
    $50k-75k 95 $13,425,000 $141,316 $3,146 5.53%
    $75k-100k 88 $14,740,000 $167,500 $3,143 5.56%
    $50k or less 57 $5,265,000 $92,368 $2,496 5.58%
    $250k+ 55 $22,705,000 $412,818 $3,914 5.30%

    The City National Bank Of Sulphur Springs lent most frequently to those with incomes in the $100k-150k range, with 117 originations. The second most popular income band? $150k-250k, with 106 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 126 $24,420,000 $193,810 $3,133 5.26%
    30-36% 105 $23,015,000 $219,190 $3,538 5.41%
    <20% 47 $10,675,000 $227,128 $3,126 5.18%
    >60% 29 $5,205,000 $179,483 $2,054 5.88%
    50-60% 28 $6,580,000 $235,000 $2,848 5.54%
    36% 24 $4,530,000 $188,750 $2,946 6.24%
    41% 24 $5,020,000 $209,167 $3,119 5.62%
    40% 23 $5,225,000 $227,174 $3,021 5.31%
    39% 19 $4,885,000 $257,105 $2,875 5.28%
    37% 18 $3,820,000 $212,222 $2,866 5.76%
    42% 16 $3,050,000 $190,625 $3,756 5.51%
    44% 14 $3,440,000 $245,714 $4,488 5.84%
    38% 14 $4,000,000 $285,714 $4,101 5.79%
    45% 11 $1,535,000 $139,545 $3,129 5.47%
    46% 9 $1,365,000 $151,667 $5,780 5.50%
    47% 8 $1,740,000 $217,500 $3,495 4.16%
    43% 7 $1,395,000 $199,286 $3,158 5.04%
    48% 5 $1,135,000 $227,000 $5,578 5.55%
    49% 2 $1,020,000 $510,000 $5,607 5.19%

    The City National Bank Of Sulphur Springs lent most frequently to those with DTI ratios of 20-30%, with 126 originations. The next most common DTI ratio? 30-36%, with 105 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 473 $98,495,000 $208,235 $3,294 5.42%
    Not applicable 74 $36,060,000 $487,297 $4,966 5.60%
    Not provided 30 $6,910,000 $230,333 $4,132 5.34%
    Asian 3 $2,165,000 $721,667 $3,237 4.80%
    American Indian 9 $1,475,000 $163,889 $3,185 5.72%
    Other Asian 1 $415,000 $415,000 $0 5.95%
    Black 4 $290,000 $72,500 $2,105 7.88%

    Approval Rates

    Total approvals of all applications
    94.25%

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

    Pick Rate

    Approvals leading to origination
    86.87%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 594 $145,810,000 $245,471

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    594 $145,810,000 $245,471

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 77 $14,315,000 $185,909 $2,606 5.52%
    40-60% 137 $45,465,000 $331,861 $3,391 5.28%
    60-80% 199 $51,255,000 $257,563 $3,603 5.48%
    80-100% 150 $31,920,000 $212,800 $3,747 5.50%
    Under 20% 31 $2,855,000 $92,097 $2,377 5.78%