Hnb First Bank Mortgage Rates, Fees & Info

Headland, AL

LEI: 254900VH8KY0194IAU87

Tax ID: 63-0096293

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Mortgage Data

Review & Overview

Hnb First Bank is a smaller bank specializing in Home Purchase and Refi loans. Hnb First Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dothan, Panama City, Ozark, Auburn, and Eufaula among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

Hnb First Bank 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.

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Originations

66

Origination Dollar Volume (All Markets)

$6,900,000

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
DOTHAN, AL (FHA|USDA|VA) 44 $4,800,000 $109,091 $0 0.00%
PANAMA CITY, FL (FHA|USDA|VA) 6 $830,000 $138,333 $0 0.00%
Outside of Metro Areas 2 $560,000 $280,000 $0 0.00%
Ozark, AL (FHA|USDA|VA) 8 $360,000 $45,000 $0 0.00%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
Eufaula, AL-GA (FHA|USDA|VA) 4 $130,000 $32,500 $0 0.00%
Enterprise, AL (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
Hnb First Bank's top markets include Dothan, Panama City, Ozark, Auburn, and Eufaula among others.

Their top states include:
  • Alabama (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 66 $6,900,000 $104,545 $0 0.00%

    For 2019, Hnb First Bank's most frequently originated type of loan was Conventional, with 66 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 44 $4,570,000 $103,864 $0 0.00%
    Refi 15 $2,145,000 $143,000 $0 0.00%
    Home Improvement 5 $155,000 $31,000 $0 0.00%
    Other 2 $30,000 $15,000 $0 0.00%

    For 2019, Hnb First Bank's most frequently cited loan purpose was Home Purchase, with 44 originations. The 2nd most popular reason was Refi, with 15 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 66 $6,900,000 $104,545 $0 0.00%

    For 2019, Hnb First Bank's most frequently cited loan duration was Other, with 66 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 45 $2,235,000 $49,667 $0 0.00%
    $100k-200k 14 $1,840,000 $131,429 $0 0.00%
    $200k-400k 4 $1,240,000 $310,000 $0 0.00%
    $400k-600k 2 $910,000 $455,000 $0 0.00%
    $600k-1MM 1 $675,000 $675,000 $0 0.00%

    2019 saw Hnb First Bank place emphasis on $100,000 or less loans with 45 originations, totaling $2,235,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 17 $1,335,000 $78,529 $0 0.00%
    $50k-75k 11 $645,000 $58,636 $0 0.00%
    $100k-150k 9 $1,365,000 $151,667 $0 0.00%
    $150k-250k 9 $585,000 $65,000 $0 0.00%
    $75k-100k 5 $355,000 $71,000 $0 0.00%
    $250k+ 4 $730,000 $182,500 $0 0.00%

    Hnb First Bank lent most frequently to those with incomes in the $50k or less range, with 17 originations. The second most popular income band? $50k-75k, with 11 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 66 $6,900,000 $104,545 $0 0.00%

    Hnb First Bank lent most frequently to those with DTI ratios of Exempt%, with 66 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 52 $4,650,000 $89,423 $0 0.00%
    Not applicable 11 $1,885,000 $171,364 $0 0.00%
    Black 3 $365,000 $121,667 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.36%

    Hnb First Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    87.88%

    Hnb First Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 66 $6,900,000 $104,545

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 2 $1,130,000 $565,000
    Single Family (1-4 Units):Manufactured 15 $705,000 $47,000
    Single Family (1-4 Units):Site-Built 49 $5,065,000 $103,367