First National Bank Of America Mortgage Rates, Fees & Info

East Lansing, MI

LEI: 254900WTZC5SSKIN2M11

Tax ID: 38-1470765

1 stars - Updated: 3/17/24 - out of 5 stars, based on 60 reviews

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

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Mortgage Data

Review & Overview

First National Bank Of America is a smaller bank specializing in Home Purchase loans. First National Bank Of America has a high proportion of conventional loans. Their top markets by origination volume include: Washington, New York, Atlanta, Chicago, and Boston among others. We have data for 309 markets. (Some data included below & more in-depth data is available with an active subscription.)

First National Bank Of America 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. First National Bank Of America is typically a high 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.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 9.79% 3/17/24
30 Year Conventional Refi 9.31% 3/17/24
30 Year Cash-out Refi 9.63% 3/17/24
15 Year Conventional Purchase 10.39% 3/17/24
15 Year Conventional Refi 9.08% 3/17/24
15 Year Cash-out Refi 9.08% 3/17/24
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.

First National Bank Of America 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 America. 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

3,628

Origination Dollar Volume (All Markets)

$961,990,000

Relative Rate

First National Bank Of America's average 30 year fixed mortgage rate was 8.28%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 3.52%.

Relative Fees (Closing Costs)

First National Bank Of America's average total fees/closing costs for a 30 year fixed rate mortgage were $11,093.

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 $4,750.

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
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 264 $79,920,000 $302,727 $12,896 8.17%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 172 $62,700,000 $364,535 $15,003 8.31%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 211 $56,085,000 $265,806 $10,125 8.48%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 228 $43,150,000 $189,254 $9,948 8.26%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 103 $41,875,000 $406,553 $15,404 8.25%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 96 $38,630,000 $402,396 $13,964 8.23%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 166 $35,400,000 $213,253 $9,584 8.40%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 108 $34,040,000 $315,185 $13,268 8.19%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 106 $26,910,000 $253,868 $11,167 8.10%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 113 $24,165,000 $213,850 $9,470 8.62%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 68 $20,280,000 $298,235 $12,201 8.32%
WORCESTER, MA-CT (FHA|USDA|VA) 61 $19,575,000 $320,902 $12,926 8.15%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 61 $16,285,000 $266,967 $9,769 7.92%
RICHMOND, VA (FHA|USDA|VA) 69 $15,335,000 $222,246 $10,188 8.28%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 67 $13,835,000 $206,493 $9,664 8.01%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 44 $13,610,000 $309,318 $12,900 8.45%
Outside of Metro Areas 65 $13,175,000 $202,692 $8,632 8.40%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 20 $12,930,000 $646,500 $6,046 6.47%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 49 $12,845,000 $262,143 $10,839 8.16%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 50 $12,600,000 $252,000 $10,043 8.14%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 63 $12,285,000 $195,000 $8,223 8.53%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 28 $11,890,000 $424,643 $13,605 8.18%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 36 $10,820,000 $300,556 $12,827 8.47%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 42 $10,570,000 $251,667 $10,206 7.51%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 46 $9,130,000 $198,478 $8,331 8.97%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 39 $8,745,000 $224,231 $10,256 8.91%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 23 $8,195,000 $356,304 $13,878 8.14%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 24 $8,120,000 $338,333 $11,942 8.04%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 29 $7,885,000 $271,897 $10,519 8.16%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 30 $7,610,000 $253,667 $11,377 8.49%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 43 $7,575,000 $176,163 $8,266 8.60%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 20 $7,490,000 $374,500 $13,742 8.01%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 34 $7,390,000 $217,353 $9,263 8.29%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 30 $6,980,000 $232,667 $9,372 8.17%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 34 $6,680,000 $196,471 $9,623 7.96%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 2 $6,110,000 $3,055,000 $5,616 6.06%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 24 $6,010,000 $250,417 $9,924 9.28%
JACKSONVILLE, FL (FHA|USDA|VA) 21 $5,975,000 $284,524 $11,842 8.06%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 21 $5,615,000 $267,381 $8,590 7.91%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 13 $5,325,000 $409,615 $13,219 7.42%
LOUISVILLE, KY (FHA|USDA|VA) 31 $4,645,000 $149,839 $7,713 8.83%
COLUMBUS, OH (FHA|USDA|VA) 28 $4,640,000 $165,714 $7,463 8.89%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 27 $4,625,000 $171,296 $7,308 8.51%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 19 $4,575,000 $240,789 $10,229 8.45%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 13 $4,385,000 $337,308 $12,246 8.15%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 24 $4,240,000 $176,667 $8,246 8.46%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 8 $3,890,000 $486,250 $14,813 7.75%
STOCKTON, CA (FHA|USDA|VA) 10 $3,830,000 $383,000 $13,173 8.21%
RALEIGH-CARY, NC (FHA|USDA|VA) 14 $3,670,000 $262,143 $10,109 8.91%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 16 $3,140,000 $196,250 $8,330 8.57%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 6 $3,120,000 $520,000 $15,833 7.19%
SALT LAKE CITY, UT (FHA|USDA|VA) 10 $3,110,000 $311,000 $10,790 7.76%
KANSAS CITY, MO-KS (FHA|USDA|VA) 14 $3,080,000 $220,000 $9,027 9.44%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 16 $3,070,000 $191,875 $8,579 8.27%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 11 $2,995,000 $272,273 $12,400 8.57%
PROVO-OREM, UT (FHA|USDA|VA) 8 $2,670,000 $333,750 $11,087 8.09%
SALEM, OR (FHA|USDA|VA) 9 $2,645,000 $293,889 $10,988 8.44%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 4 $2,600,000 $650,000 $16,327 8.40%
PORT ST. LUCIE, FL (FHA|USDA|VA) 10 $2,580,000 $258,000 $10,627 8.10%
FRESNO, CA (FHA|USDA|VA) 6 $2,550,000 $425,000 $13,684 8.20%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 7 $2,495,000 $356,429 $12,686 8.35%
MODESTO, CA (FHA|USDA|VA) 8 $2,470,000 $308,750 $10,812 8.28%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 10 $2,390,000 $239,000 $10,428 8.81%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 15 $2,345,000 $156,333 $6,312 8.31%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 10 $2,190,000 $219,000 $9,598 8.81%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 8 $2,140,000 $267,500 $10,362 7.70%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 10 $2,020,000 $202,000 $9,923 7.73%
GAINESVILLE, GA (FHA|USDA|VA) 9 $2,015,000 $223,889 $9,248 8.28%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 9 $2,005,000 $222,778 $9,709 7.63%
SAVANNAH, GA (FHA|USDA|VA) 9 $1,935,000 $215,000 $9,713 9.26%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 4 $1,860,000 $465,000 $16,391 7.97%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 7 $1,845,000 $263,571 $11,317 7.21%
COLUMBIA, SC (FHA|USDA|VA) 7 $1,785,000 $255,000 $9,886 8.43%
ROANOKE, VA (FHA|USDA|VA) 11 $1,755,000 $159,545 $8,576 8.53%
SALISBURY, MD-DE (FHA|USDA|VA) 5 $1,705,000 $341,000 $11,789 7.65%
WINCHESTER, VA-WV (FHA|USDA|VA) 4 $1,700,000 $425,000 $16,094 8.36%
SPRINGFIELD, MA (FHA|USDA|VA) 6 $1,690,000 $281,667 $10,454 9.46%
GREELEY, CO (FHA|USDA|VA) 4 $1,680,000 $420,000 $13,497 10.41%
YAKIMA, WA (FHA|USDA|VA) 7 $1,625,000 $232,143 $9,512 7.38%
VISALIA, CA (FHA|USDA|VA) 6 $1,550,000 $258,333 $9,755 7.94%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 7 $1,525,000 $217,857 $11,081 8.27%
PITTSBURGH, PA (FHA|USDA|VA) 9 $1,485,000 $165,000 $6,797 8.93%
FORT COLLINS, CO (FHA|USDA|VA) 4 $1,450,000 $362,500 $10,594 7.91%
ASHEVILLE, NC (FHA|USDA|VA) 4 $1,450,000 $362,500 $11,224 9.09%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 4 $1,400,000 $350,000 $11,681 6.91%
MORRISTOWN, TN (FHA|USDA|VA) 3 $1,395,000 $465,000 $12,517 7.80%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 11 $1,385,000 $125,909 $6,692 8.20%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 6 $1,340,000 $223,333 $8,520 7.79%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 5 $1,325,000 $265,000 $10,817 7.45%
BELLINGHAM, WA (FHA|USDA|VA) 4 $1,320,000 $330,000 $10,442 7.47%
DOVER, DE (FHA|USDA|VA) 5 $1,305,000 $261,000 $10,870 8.17%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 4 $1,290,000 $322,500 $11,383 8.44%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 6 $1,250,000 $208,333 $9,316 7.46%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 4 $1,220,000 $305,000 $9,070 7.06%
VALLEJO, CA (FHA|USDA|VA) 3 $1,195,000 $398,333 $14,202 7.29%
WENATCHEE, WA (FHA|USDA|VA) 4 $1,180,000 $295,000 $11,203 8.13%
MERCED, CA (FHA|USDA|VA) 4 $1,170,000 $292,500 $11,596 8.25%
Torrington, CT (FHA|USDA|VA) 4 $1,170,000 $292,500 $12,985 7.97%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 4 $1,160,000 $290,000 $10,614 7.89%
TUCSON, AZ (FHA|USDA|VA) 6 $1,150,000 $191,667 $9,585 8.19%
RENO, NV (FHA|USDA|VA) 4 $1,140,000 $285,000 $10,991 6.68%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 3 $1,125,000 $375,000 $13,272 7.83%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $1,100,000 $275,000 $11,150 8.31%
PANAMA CITY, FL (FHA|USDA|VA) 4 $1,100,000 $275,000 $9,637 7.81%
BATON ROUGE, LA (FHA|USDA|VA) 7 $1,065,000 $152,143 $7,170 9.86%
BAKERSFIELD, CA (FHA|USDA|VA) 7 $1,055,000 $150,714 $8,265 8.45%
BOISE CITY, ID (FHA|USDA|VA) 2 $1,040,000 $520,000 $17,650 6.94%
DAYTON-KETTERING, OH (FHA|USDA|VA) 5 $1,005,000 $201,000 $7,621 8.13%
FORT WAYNE, IN (FHA|USDA|VA) 4 $990,000 $247,500 $6,583 8.19%
ALBUQUERQUE, NM (FHA|USDA|VA) 6 $970,000 $161,667 $7,848 7.79%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 6 $960,000 $160,000 $8,135 9.69%
Cadillac, MI (FHA|USDA|VA) 1 $935,000 $935,000 $0 6.00%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 5 $895,000 $179,000 $8,204 8.53%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $875,000 $291,667 $10,229 8.17%
ROCKFORD, IL (FHA|USDA|VA) 4 $860,000 $215,000 $8,836 9.16%
MUSKEGON, MI (FHA|USDA|VA) 3 $845,000 $281,667 $0 5.54%
SYRACUSE, NY (FHA|USDA|VA) 2 $840,000 $420,000 $15,226 7.43%
Othello, WA (FHA|USDA|VA) 4 $830,000 $207,500 $9,034 8.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $820,000 $205,000 $9,062 8.03%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $800,000 $400,000 $14,075 8.06%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 5 $795,000 $159,000 $7,025 8.63%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 3 $785,000 $261,667 $9,920 8.63%
DALTON, GA (FHA|USDA|VA) 4 $750,000 $187,500 $8,058 8.06%
Vineyard Haven, MA (FHA|USDA|VA) 1 $735,000 $735,000 $26,130 7.90%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 3 $725,000 $241,667 $7,274 8.13%
SPARTANBURG, SC (FHA|USDA|VA) 3 $725,000 $241,667 $11,111 9.42%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $685,000 $228,333 $10,747 8.04%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 4 $660,000 $165,000 $7,811 9.13%
OCALA, FL (FHA|USDA|VA) 3 $625,000 $208,333 $10,406 8.75%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $615,000 $615,000 $21,894 9.88%
Edwards, CO (FHA|USDA|VA) 1 $615,000 $615,000 $16,030 9.38%
SANTA FE, NM (FHA|USDA|VA) 3 $615,000 $205,000 $7,560 8.71%
READING, PA (FHA|USDA|VA) 2 $610,000 $305,000 $12,846 9.50%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 4 $600,000 $150,000 $7,580 8.94%
JACKSON, MI (FHA|USDA|VA) 2 $590,000 $295,000 $10,164 8.00%
ODESSA, TX (FHA|USDA|VA) 2 $570,000 $285,000 $10,660 7.69%
Shelton, WA (FHA|USDA|VA) 3 $565,000 $188,333 $7,820 8.50%
FAYETTEVILLE, NC (FHA|USDA|VA) 4 $560,000 $140,000 $7,756 8.28%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $550,000 $275,000 $10,475 6.81%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $545,000 $181,667 $7,208 9.04%
Pahrump, NV (FHA|USDA|VA) 2 $540,000 $270,000 $5,882 8.63%
Calhoun, GA (FHA|USDA|VA) 2 $530,000 $265,000 $8,992 7.06%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 3 $515,000 $171,667 $6,260 8.13%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $505,000 $168,333 $6,997 8.00%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $505,000 $505,000 $17,875 8.38%
LANCASTER, PA (FHA|USDA|VA) 2 $500,000 $250,000 $9,404 8.75%
Moses Lake, WA (FHA|USDA|VA) 4 $500,000 $125,000 $7,257 7.44%
ST. LOUIS, MO-IL (FHA|USDA|VA) 6 $490,000 $81,667 $5,793 7.00%
Bay City, TX (FHA|USDA|VA) 2 $480,000 $240,000 $12,591 7.94%
Georgetown, SC (FHA|USDA|VA) 1 $475,000 $475,000 $13,308 7.63%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $455,000 $455,000 $4,182 7.75%
Key West, FL (FHA|USDA|VA) 1 $455,000 $455,000 $18,357 7.25%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $455,000 $455,000 $12,844 7.00%
LAKE CHARLES, LA (FHA|USDA|VA) 2 $450,000 $225,000 $10,630 7.13%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $450,000 $225,000 $7,606 7.06%
Hermiston-Pendleton, OR (FHA|USDA|VA) 2 $450,000 $225,000 $10,607 7.25%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $450,000 $225,000 $10,681 6.69%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $445,000 $445,000 $16,677 9.63%
Easton, MD (FHA|USDA|VA) 2 $440,000 $220,000 $9,983 6.75%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 3 $435,000 $145,000 $7,621 8.04%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $425,000 $141,667 $9,240 8.71%
Statesboro, GA (FHA|USDA|VA) 1 $425,000 $425,000 $7,793 7.38%
AKRON, OH (FHA|USDA|VA) 2 $420,000 $210,000 $8,230 7.69%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 2 $420,000 $210,000 $9,169 6.66%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 4 $420,000 $105,000 $6,732 8.63%
YUMA, AZ (FHA|USDA|VA) 1 $415,000 $415,000 $15,607 7.75%
TWIN FALLS, ID (FHA|USDA|VA) 1 $405,000 $405,000 $15,597 7.00%
Richmond, IN (FHA|USDA|VA) 1 $405,000 $405,000 $10,338 7.75%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $395,000 $395,000 $11,038 7.38%
SALINAS, CA (FHA|USDA|VA) 1 $395,000 $395,000 $13,495 9.63%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 3 $395,000 $131,667 $6,073 8.08%
MEDFORD, OR (FHA|USDA|VA) 2 $390,000 $195,000 $11,189 6.81%
JACKSONVILLE, NC (FHA|USDA|VA) 2 $380,000 $190,000 $8,100 8.94%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $375,000 $375,000 $14,632 6.75%
MONTGOMERY, AL (FHA|USDA|VA) 2 $370,000 $185,000 $7,604 9.38%
ST. GEORGE, UT (FHA|USDA|VA) 1 $365,000 $365,000 $9,165 7.25%
HINESVILLE, GA (FHA|USDA|VA) 2 $360,000 $180,000 $8,404 9.75%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 3 $345,000 $115,000 $7,123 9.50%
Sonora, CA (FHA|USDA|VA) 1 $345,000 $345,000 $12,005 9.13%
WALLA WALLA, WA (FHA|USDA|VA) 2 $340,000 $170,000 $8,811 7.56%
Jackson, WY-ID (FHA|USDA|VA) 1 $335,000 $335,000 $10,893 7.25%
Willmar, MN (FHA|USDA|VA) 1 $335,000 $335,000 $10,938 9.88%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $335,000 $335,000 $12,034 8.88%
WINSTON-SALEM, NC (FHA|USDA|VA) 2 $330,000 $165,000 $4,239 7.25%
Plattsburgh, NY (FHA|USDA|VA) 1 $325,000 $325,000 $10,962 7.50%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $325,000 $325,000 $10,109 9.50%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $320,000 $160,000 $4,683 6.81%
RACINE, WI (FHA|USDA|VA) 1 $315,000 $315,000 $10,159 9.25%
LYNCHBURG, VA (FHA|USDA|VA) 1 $315,000 $315,000 $11,600 7.88%
MADERA, CA (FHA|USDA|VA) 1 $315,000 $315,000 $13,089 7.00%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 2 $310,000 $155,000 $6,308 7.31%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $305,000 $305,000 $12,057 7.99%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $305,000 $305,000 $8,875 10.38%
FARGO, ND-MN (FHA|USDA|VA) 1 $305,000 $305,000 $12,135 7.38%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $305,000 $305,000 $13,522 8.00%
Oak Harbor, WA (FHA|USDA|VA) 1 $295,000 $295,000 $11,383 9.75%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $290,000 $145,000 $7,497 9.00%
OWENSBORO, KY (FHA|USDA|VA) 2 $290,000 $145,000 $6,337 6.88%
GREEN BAY, WI (FHA|USDA|VA) 2 $290,000 $145,000 $7,224 7.12%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $285,000 $285,000 $11,800 9.25%
APPLETON, WI (FHA|USDA|VA) 1 $285,000 $285,000 $11,101 9.50%
COLUMBUS, IN (FHA|USDA|VA) 2 $280,000 $140,000 $7,412 7.88%
Jefferson, GA (FHA|USDA|VA) 1 $275,000 $275,000 $10,000 7.63%
Lewisburg, TN (FHA|USDA|VA) 1 $275,000 $275,000 $8,473 10.25%
Shelbyville, TN (FHA|USDA|VA) 1 $275,000 $275,000 $9,765 7.00%
Ardmore, OK (FHA|USDA|VA) 2 $270,000 $135,000 $7,275 7.50%
LINCOLN, NE (FHA|USDA|VA) 2 $270,000 $135,000 $4,540 9.75%
LAS CRUCES, NM (FHA|USDA|VA) 1 $265,000 $265,000 $8,146 6.13%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $260,000 $130,000 $6,001 8.69%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $260,000 $130,000 $6,903 8.00%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $255,000 $255,000 $6,938 6.99%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $250,000 $125,000 $6,709 8.00%
Elko, NV (FHA|USDA|VA) 1 $245,000 $245,000 $9,469 7.74%
Barre, VT (FHA|USDA|VA) 1 $245,000 $245,000 $10,925 7.25%
Cambridge, MD (FHA|USDA|VA) 1 $245,000 $245,000 $11,641 7.75%
Sedalia, MO (FHA|USDA|VA) 1 $245,000 $245,000 $10,441 6.75%
OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $240,000 $120,000 $5,834 7.88%
WICHITA FALLS, TX (FHA|USDA|VA) 2 $240,000 $120,000 $7,193 7.75%
ROCHESTER, MN (FHA|USDA|VA) 1 $235,000 $235,000 $8,659 7.13%
New Castle, PA (FHA|USDA|VA) 1 $235,000 $235,000 $11,673 8.38%
BANGOR, ME (FHA|USDA|VA) 1 $235,000 $235,000 $8,334 9.38%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $225,000 $225,000 $9,191 12.00%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $225,000 $225,000 $10,522 7.75%
ANCHORAGE, AK (FHA|USDA|VA) 1 $225,000 $225,000 $7,623 7.49%
LONGVIEW, WA (FHA|USDA|VA) 2 $220,000 $110,000 $6,037 8.19%
EL PASO, TX (FHA|USDA|VA) 1 $215,000 $215,000 $8,443 7.25%
GETTYSBURG, PA (FHA|USDA|VA) 1 $215,000 $215,000 $8,411 8.88%
Hannibal, MO (FHA|USDA|VA) 1 $215,000 $215,000 $6,639 7.88%
LEBANON, PA (FHA|USDA|VA) 1 $215,000 $215,000 $0 7.38%
EL CENTRO, CA (FHA|USDA|VA) 1 $215,000 $215,000 $11,560 7.75%
Corsicana, TX (FHA|USDA|VA) 1 $215,000 $215,000 $9,301 10.13%
Cornelia, GA (FHA|USDA|VA) 1 $215,000 $215,000 $8,972 10.25%
HOT SPRINGS, AR (FHA|USDA|VA) 2 $210,000 $105,000 $4,304 11.00%
Frankfort, IN (FHA|USDA|VA) 2 $210,000 $105,000 $7,208 10.81%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $205,000 $205,000 $7,824 7.88%
Fort Morgan, CO (FHA|USDA|VA) 1 $205,000 $205,000 $0 11.88%
Lawrenceburg, TN (FHA|USDA|VA) 1 $195,000 $195,000 $7,834 7.38%
Tifton, GA (FHA|USDA|VA) 1 $195,000 $195,000 $7,348 8.75%
Clewiston, FL (FHA|USDA|VA) 1 $195,000 $195,000 $7,569 9.50%
Sidney, OH (FHA|USDA|VA) 2 $190,000 $95,000 $5,354 7.41%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $185,000 $185,000 $0 7.00%
Warsaw, IN (FHA|USDA|VA) 2 $180,000 $90,000 $4,329 8.81%
FLINT, MI (FHA|USDA|VA) 2 $180,000 $90,000 $6,187 8.88%
Poplar Bluff, MO (FHA|USDA|VA) 1 $175,000 $175,000 $6,184 7.75%
MADISON, WI (FHA|USDA|VA) 1 $175,000 $175,000 $6,359 6.50%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $175,000 $175,000 $6,661 8.00%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $165,000 $165,000 $6,934 7.38%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $165,000 $165,000 $5,731 7.88%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $165,000 $165,000 $8,235 9.13%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $165,000 $165,000 $6,709 7.38%
LIMA, OH (FHA|USDA|VA) 1 $165,000 $165,000 $6,383 8.50%
ALBANY, GA (FHA|USDA|VA) 1 $155,000 $155,000 $6,601 8.75%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $155,000 $155,000 $8,596 6.75%
Amsterdam, NY (FHA|USDA|VA) 1 $155,000 $155,000 $7,815 6.75%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $155,000 $155,000 $6,208 9.25%
Burley, ID (FHA|USDA|VA) 1 $155,000 $155,000 $6,958 6.88%
WICHITA, KS (FHA|USDA|VA) 1 $155,000 $155,000 $7,741 6.88%
West Plains, MO (FHA|USDA|VA) 1 $145,000 $145,000 $6,007 6.63%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $145,000 $145,000 $7,047 9.63%
WILLIAMSPORT, PA (FHA|USDA|VA) 1 $145,000 $145,000 $7,657 6.63%
Shelby, NC (FHA|USDA|VA) 1 $135,000 $135,000 $6,375 8.75%
BECKLEY, WV (FHA|USDA|VA) 1 $135,000 $135,000 $6,457 7.25%
Gloversville, NY (FHA|USDA|VA) 1 $135,000 $135,000 $8,123 8.13%
MIDLAND, TX (FHA|USDA|VA) 1 $125,000 $125,000 $7,582 9.87%
Coldwater, MI (FHA|USDA|VA) 1 $125,000 $125,000 $0 7.00%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $125,000 $125,000 $5,906 10.00%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $125,000 $125,000 $6,418 7.50%
Austin, MN (FHA|USDA|VA) 1 $125,000 $125,000 $6,017 8.75%
Indiana, PA (FHA|USDA|VA) 1 $125,000 $125,000 $7,440 9.63%
PITTSFIELD, MA (FHA|USDA|VA) 1 $125,000 $125,000 $0 10.25%
Whitewater, WI (FHA|USDA|VA) 1 $115,000 $115,000 $5,900 7.99%
GAINESVILLE, FL (FHA|USDA|VA) 1 $115,000 $115,000 $6,996 10.63%
BILLINGS, MT (FHA|USDA|VA) 1 $115,000 $115,000 $6,291 6.25%
SAGINAW, MI (FHA|USDA|VA) 1 $115,000 $115,000 $5,639 9.38%
Morehead City, NC (FHA|USDA|VA) 1 $105,000 $105,000 $6,386 9.25%
Albemarle, NC (FHA|USDA|VA) 1 $105,000 $105,000 $6,617 6.50%
Thomasville, GA (FHA|USDA|VA) 1 $105,000 $105,000 $5,570 9.50%
Athens, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.88%
VICTORIA, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 10.50%
ANN ARBOR, MI (FHA|USDA|VA) 1 $105,000 $105,000 $6,343 7.50%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $95,000 $95,000 $0 6.50%
Adrian, MI (FHA|USDA|VA) 1 $95,000 $95,000 $2,949 7.50%
Vernal, UT (FHA|USDA|VA) 1 $95,000 $95,000 $5,546 7.50%
Martinsville, VA (FHA|USDA|VA) 1 $95,000 $95,000 $6,132 8.75%
GREENVILLE, NC (FHA|USDA|VA) 1 $95,000 $95,000 $6,042 6.99%
Muskogee, OK (FHA|USDA|VA) 1 $95,000 $95,000 $5,447 8.88%
THE VILLAGES, FL (FHA|USDA|VA) 1 $85,000 $85,000 $3,199 7.75%
Sevierville, TN (FHA|USDA|VA) 1 $85,000 $85,000 $6,633 10.13%
Salem, OH (FHA|USDA|VA) 1 $85,000 $85,000 $5,106 10.00%
Lebanon, NH-VT (FHA|USDA|VA) 1 $85,000 $85,000 $2,913 10.25%
Mount Pleasant, MI (FHA|USDA|VA) 1 $75,000 $75,000 $2,938 10.13%
ROCHESTER, NY (FHA|USDA|VA) 1 $75,000 $75,000 $7,175 6.25%
Frankfort, KY (FHA|USDA|VA) 1 $75,000 $75,000 $5,694 7.50%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.25%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $75,000 $75,000 $5,100 9.62%
KANKAKEE, IL (FHA|USDA|VA) 1 $75,000 $75,000 $6,210 6.99%
KNOXVILLE, TN (FHA|USDA|VA) 1 $75,000 $75,000 $5,731 7.63%
WILMINGTON, NC (FHA|USDA|VA) 1 $75,000 $75,000 $4,848 6.75%
SUMTER, SC (FHA|USDA|VA) 1 $65,000 $65,000 $3,426 8.38%
Seymour, IN (FHA|USDA|VA) 1 $65,000 $65,000 $2,553 8.25%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $65,000 $65,000 $2,969 9.25%
Marietta, OH (FHA|USDA|VA) 1 $65,000 $65,000 $3,096 8.50%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $55,000 $55,000 $4,358 9.13%
STAUNTON, VA (FHA|USDA|VA) 1 $55,000 $55,000 $4,113 9.50%
Tiffin, OH (FHA|USDA|VA) 1 $45,000 $45,000 $1,198 10.45%
Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 1 $45,000 $45,000 $3,166 8.50%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 1 $45,000 $45,000 $0 13.88%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $45,000 $45,000 $3,794 10.50%
ELMIRA, NY (FHA|USDA|VA) 1 $25,000 $25,000 $0 8.45%
First National Bank Of America's top markets include Washington, New York, Atlanta, Chicago, and Boston among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,628 $961,990,000 $265,157 $10,815 8.28%

    For 2022, First National Bank Of America's most frequently originated type of loan was Conventional, with 3,628 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,309 $886,885,000 $268,022 $11,025 8.33%
    Cash Out Refi 113 $33,205,000 $293,850 $8,218 8.09%
    Refi 107 $20,685,000 $193,318 $8,477 7.57%
    Other 73 $16,345,000 $223,904 $9,407 7.74%
    Home Improvement 26 $4,870,000 $187,308 $8,387 8.14%

    For 2022, First National Bank Of America's most frequently cited loan purpose was Home Purchase, with 3,309 originations. The 2nd most popular reason was Cash Out Refi, with 113 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,253 $886,545,000 $272,532 $11,093 8.28%
    20 Year 137 $22,155,000 $161,715 $7,792 8.86%
    15 Year 108 $15,570,000 $144,167 $6,889 8.10%
    Other 91 $30,225,000 $332,143 $7,593 8.74%
    5 Year 20 $4,080,000 $204,000 $0 5.81%
    10 Year 19 $3,415,000 $179,737 $8,427 6.77%

    For 2022, First National Bank Of America's most frequently cited loan duration was 30 Year, with 3,253 originations. The 2nd most popular length was 20 Year, with 137 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 2,935 $850,355,000 $289,729
    $4k-5k 406 $54,180,000 $133,448
    $3k-4k 99 $9,795,000 $98,939
    $1k-2k 52 $9,090,000 $174,808
    $2k-3k 14 $960,000 $68,571
    $<1k 2 $110,000 $55,000

    First National Bank Of America's average total fees were $11,093, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 2,935 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 1,798 $457,950,000 $254,700
    7-8% 1,126 $305,250,000 $271,092
    6-7% 649 $171,195,000 $263,783
    5-6% 47 $10,595,000 $225,426
    4-5% 8 $17,000,000 $2,125,000

    During 2022, First National Bank Of America's average interest rate for loans was 8.28%, while their most frequently originated rate bucket for loans was Over 8%, with 1,798 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,818 $507,530,000 $279,169 $11,379 8.27%
    $100k-200k 1,127 $174,195,000 $154,565 $7,798 8.35%
    $400k-600k 417 $195,005,000 $467,638 $16,304 8.12%
    $100,000 or less 186 $14,740,000 $79,247 $5,605 8.43%
    $600k-1MM 76 $53,120,000 $698,947 $21,548 8.19%
    $1MM+ 4 $17,400,000 $4,350,000 $31,252 6.17%

    2022 saw First National Bank Of America place emphasis on $200k-400k loans with 1,818 originations, totaling $507,530,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 969 $191,995,000 $198,137 $9,097 8.13%
    $75k-100k 797 $199,305,000 $250,069 $10,425 8.30%
    $100k-150k 778 $247,180,000 $317,712 $12,437 8.47%
    $150k-250k 423 $157,035,000 $371,241 $14,091 8.58%
    $50k or less 403 $56,015,000 $138,995 $7,339 8.09%
    $250k+ 194 $80,940,000 $417,216 $15,031 8.59%

    First National Bank Of America lent most frequently to those with incomes in the $50k-75k range, with 969 originations. The second most popular income band? $75k-100k, with 797 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 570 $140,520,000 $246,526 $10,360 8.40%
    30-36% 570 $144,530,000 $253,561 $10,754 8.33%
    50-60% 398 $110,430,000 $277,462 $10,965 8.15%
    <20% 249 $63,105,000 $253,434 $10,577 8.54%
    40% 138 $34,110,000 $247,174 $10,363 8.37%
    42% 135 $34,795,000 $257,741 $10,995 8.24%
    48% 134 $36,460,000 $272,090 $11,159 8.38%
    49% 133 $35,305,000 $265,451 $10,795 8.42%
    39% 130 $34,950,000 $268,846 $11,416 8.26%
    44% 130 $35,770,000 $275,154 $10,928 8.37%
    45% 130 $36,040,000 $277,231 $11,092 8.22%
    36% 129 $32,085,000 $248,721 $10,507 8.22%
    38% 128 $33,870,000 $264,609 $11,165 8.08%
    47% 124 $33,980,000 $274,032 $11,347 8.31%
    43% 122 $33,890,000 $277,787 $11,273 8.15%
    41% 120 $33,290,000 $277,417 $11,327 8.28%
    37% 115 $30,645,000 $266,478 $10,708 8.35%
    46% 109 $28,695,000 $263,257 $10,988 8.42%

    First National Bank Of America lent most frequently to those with DTI ratios of 20-30%, with 570 originations. The next most common DTI ratio? 30-36%, with 570 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,831 $738,425,000 $260,835 $10,935 8.32%
    Not provided 559 $149,055,000 $266,646 $10,505 8.27%
    Not applicable 44 $24,150,000 $548,864 $0 6.06%
    Black 62 $16,370,000 $264,032 $10,792 8.43%
    American Indian 58 $14,000,000 $241,379 $9,149 8.06%
    Asian 29 $9,015,000 $310,862 $12,325 8.27%
    Other Asian 32 $6,690,000 $209,063 $7,498 8.13%
    Asian Indian 3 $1,705,000 $568,333 $13,022 8.14%
    Native Hawaiian or Islander 4 $1,220,000 $305,000 $11,943 8.50%
    Other Pacific Islander 5 $965,000 $193,000 $6,893 8.00%
    Filipino 1 $395,000 $395,000 $12,980 10.38%

    Approval Rates

    Total approvals of all applications
    90.11%

    First National Bank Of America has an average approval rate.

    Pick Rate

    Approvals leading to origination
    69.57%

    First National Bank Of America has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,628 $961,990,000 $265,157

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,628 $961,990,000 $265,157

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 85 $13,675,000 $160,882 $7,387 7.83%
    40-60% 348 $73,620,000 $211,552 $9,023 7.76%
    60-80% 2,320 $609,090,000 $262,539 $10,856 8.45%
    80-100% 865 $264,715,000 $306,029 $11,704 8.10%
    Under 20% 5 $535,000 $107,000 $6,114 7.08%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    FIRST CITIZENS BANCSHARES, INC. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 100.0%