Henderson Federal Savings Bank Mortgage Rates, Fees & Info

Henderson, TX

LEI: 254900TZ5NHC3GYO2U31

Tax ID: 75-0328243

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

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Mortgage Data

  • Originations
  • 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

    Henderson Federal Savings Bank is a smaller bank specializing in Home Purchase and Refi loans. Henderson Federal Savings Bank has a high proportion of conventional loans. Their top markets by origination volume include: Longview, Tyler, Jacksonville, Lufkin, and Nacogdoches among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Henderson Federal Savings Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    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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    Originations

    85

    Origination Dollar Volume (All Markets)

    $11,575,000

    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
    LONGVIEW, TX (FHA|USDA|VA) 72 $9,550,000 $132,639 $0 0.00%
    TYLER, TX (FHA|USDA|VA) 5 $815,000 $163,000 $0 0.00%
    Jacksonville, TX (FHA|USDA|VA) 5 $685,000 $137,000 $0 0.00%
    Outside of Metro Areas 1 $355,000 $355,000 $0 0.00%
    Lufkin, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 0.00%
    Nacogdoches, TX (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
    Henderson Federal Savings Bank's top markets include Longview, Tyler, Jacksonville, Lufkin, and Nacogdoches among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 85 $11,575,000 $136,176 $0 0.00%

    For 2018, Henderson Federal Savings Bank's most frequently originated type of loan was Conventional, with 85 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 54 $7,150,000 $132,407 $0 0.00%
    Refi 22 $3,920,000 $178,182 $0 0.00%
    Home Improvement 5 $195,000 $39,000 $0 0.00%
    Other 4 $310,000 $77,500 $0 0.00%

    For 2018, Henderson Federal Savings Bank's most frequently cited loan purpose was Home Purchase, with 54 originations. The 2nd most popular reason was Refi, with 22 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 85 $11,575,000 $136,176 $0 0.00%

    For 2018, Henderson Federal Savings Bank's most frequently cited loan duration was Other, with 85 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 41 $2,405,000 $58,659 $0 0.00%
    $100k-200k 29 $3,945,000 $136,034 $0 0.00%
    $200k-400k 13 $3,415,000 $262,692 $0 0.00%
    $1MM+ 1 $1,205,000 $1,205,000 $0 0.00%
    $600k-1MM 1 $605,000 $605,000 $0 0.00%

    2018 saw Henderson Federal Savings Bank place emphasis on $100,000 or less loans with 41 originations, totaling $2,405,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 23 $2,975,000 $129,348 $0 0.00%
    $100k-150k 18 $2,610,000 $145,000 $0 0.00%
    $50k or less 13 $715,000 $55,000 $0 0.00%
    $75k-100k 13 $2,455,000 $188,846 $0 0.00%
    $150k-250k 8 $1,410,000 $176,250 $0 0.00%
    $250k+ 2 $810,000 $405,000 $0 0.00%

    Henderson Federal Savings Bank lent most frequently to those with incomes in the $50k-75k range, with 23 originations. The second most popular income band? $100k-150k, with 18 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 85 $11,575,000 $136,176 $0 0.00%

    Henderson Federal Savings Bank lent most frequently to those with DTI ratios of Exempt%, with 85 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 69 $10,115,000 $146,594 $0 0.00%
    Black 10 $1,100,000 $110,000 $0 0.00%
    Not applicable 4 $300,000 $75,000 $0 0.00%
    American Indian 2 $60,000 $30,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.39%

    Henderson Federal Savings Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.53%

    Henderson Federal Savings Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 85 $11,575,000 $136,176

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $1,390,000 $695,000
    Single Family (1-4 Units):Site-Built 83 $10,185,000 $122,711