First National Bank Of Bosque County Mortgage Rates, Fees & Info

Valley Mills, TX

LEI: 254900REMJXT9T25JI51

Tax ID: 74-0962185

5 stars - Updated: 4/5/25 - out of 5 stars, based on 6 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    First National Bank Of Bosque County is a smaller bank specializing in Home Purchase and Refi loans. First National Bank Of Bosque County has a high proportion of conventional loans. Their top markets by origination volume include: Waco, Corpus Christi, and Dallas among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First National Bank Of Bosque County has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders. First National Bank Of Bosque County 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 about average 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 6.72% 4/5/25
    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.

    First National Bank Of Bosque County Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from First National Bank Of Bosque County. 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

    37

    Origination Dollar Volume (All Markets)

    $7,065,000

    Relative Rate

    First National Bank Of Bosque County's average 30 year fixed mortgage rate was 7%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.45%.

    Relative Fees (Closing Costs)

    First National Bank Of Bosque County's average total fees/closing costs for a 30 year fixed rate mortgage were $592.

    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 $8,356.

    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
    WACO, TX (FHA|USDA|VA) 15 $3,825,000 $255,000 $3,316 6.79%
    Outside of Metro Areas 20 $2,800,000 $140,000 $1,470 6.60%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $235,000 $235,000 $2,818 6.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $205,000 $205,000 $1,903 6.75%
    First National Bank Of Bosque County's top markets include Waco, Corpus Christi, and Dallas among others.

    Their top states include:
  • Texas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 37 $7,065,000 $190,946 $2,267 6.67%

    For 2024, First National Bank Of Bosque County's most frequently originated type of loan was Conventional, with 37 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 20 $4,390,000 $219,500 $2,548 6.71%
    Home Improvement 11 $655,000 $59,545 $871 6.77%
    Refi 5 $1,825,000 $365,000 $4,003 6.28%
    Other 1 $195,000 $195,000 $3,319 6.50%

    For 2024, First National Bank Of Bosque County's most frequently cited loan purpose was Home Purchase, with 20 originations. The 2nd most popular reason was Home Improvement, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 26 $5,760,000 $221,538 $2,353 6.70%
    10 Year 7 $445,000 $63,571 $1,026 6.93%
    20 Year 2 $120,000 $60,000 $899 5.00%
    1 Year 1 $645,000 $645,000 $13,114 6.90%
    30 Year 1 $95,000 $95,000 $592 7.00%

    For 2024, First National Bank Of Bosque County's most frequently cited loan duration was Other, with 26 originations. The 2nd most popular length was 10 Year, with 7 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 23 $5,255,000 $228,478
    7-8% 7 $795,000 $113,571
    5-6% 4 $780,000 $195,000
    4-5% 3 $235,000 $78,333

    During 2024, First National Bank Of Bosque County's average interest rate for loans was 7.00%, while their most frequently originated rate bucket for loans was 6-7%, with 23 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 14 $730,000 $52,143 $787 6.61%
    $100k-200k 10 $1,510,000 $151,000 $2,347 6.75%
    $200k-400k 9 $2,285,000 $253,889 $2,770 6.75%
    $400k-600k 2 $960,000 $480,000 $4,193 6.25%
    $600k-1MM 2 $1,580,000 $790,000 $8,038 6.70%

    2024 saw First National Bank Of Bosque County place emphasis on $100,000 or less loans with 14 originations, totaling $730,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 9 $1,955,000 $217,222 $2,317 6.78%
    $50k-75k 7 $755,000 $107,857 $1,537 6.64%
    $100k-150k 6 $1,300,000 $216,667 $2,610 6.58%
    $50k or less 4 $120,000 $30,000 $620 6.31%
    $250k+ 3 $1,145,000 $381,667 $1,858 6.67%
    $75k-100k 2 $360,000 $180,000 $2,009 6.50%

    First National Bank Of Bosque County lent most frequently to those with incomes in the $150k-250k range, with 9 originations. The second most popular income band? $50k-75k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 9 $1,105,000 $122,778 $1,617 6.78%
    30-36% 6 $2,240,000 $373,333 $2,631 6.50%
    <20% 5 $655,000 $131,000 $1,812 6.45%
    40% 4 $670,000 $167,500 $1,870 6.75%
    42% 2 $450,000 $225,000 $2,699 6.75%
    38% 2 $250,000 $125,000 $2,131 6.25%
    41% 2 $240,000 $120,000 $1,392 7.00%
    37% 1 $25,000 $25,000 $17 6.00%

    First National Bank Of Bosque County lent most frequently to those with DTI ratios of 20-30%, with 9 originations. The next most common DTI ratio? 30-36%, with 6 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 30 $5,390,000 $179,667 $1,894 6.63%
    Not applicable 6 $1,430,000 $238,333 $4,089 6.90%
    Asian 1 $245,000 $245,000 $2,504 6.51%

    Approval Rates

    Total approvals of all applications
    93.02%

    First National Bank Of Bosque County has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.89%

    First National Bank Of Bosque County has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 37 $7,065,000 $190,946

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    37 $7,065,000 $190,946

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 7 $545,000 $77,857 $1,178 6.57%
    40-60% 8 $2,090,000 $261,250 $2,127 7.03%
    60-80% 11 $2,985,000 $271,364 $3,596 6.65%
    80-100% 6 $1,250,000 $208,333 $2,839 6.58%
    Under 20% 5 $195,000 $39,000 $404 6.35%