First National Bank Of America Mortgage Rates, Fees & Info

East Lansing, MI

LEI: 254900WTZC5SSKIN2M11

Tax ID: 38-1470765

1 stars - Updated: 5/26/24 - out of 5 stars, based on 59 reviews

Latest/2023 | 2022 Data | 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: Atlanta, Washington, New York, Chicago, and Boston among others. We have data for 295 markets. (Some data included below & more in-depth data is available with an active subscription.)

First National Bank Of America 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. 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% 5/26/24
30 Year Conventional Refi 9.31% 5/26/24
30 Year Cash-out Refi 9.63% 5/26/24
15 Year Conventional Purchase 10.39% 5/26/24
15 Year Conventional Refi 9.08% 5/26/24
15 Year Cash-out Refi 9.08% 5/26/24
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

3,437

Origination Dollar Volume (All Markets)

$948,885,000

Relative Rate

First National Bank Of America's average 30 year fixed mortgage rate was 10.01%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 3.53%.

Relative Fees (Closing Costs)

First National Bank Of America's average total fees/closing costs for a 30 year fixed rate mortgage were $11,757.

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 $9,089.

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
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 266 $72,420,000 $272,256 $11,483 10.12%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 212 $65,330,000 $308,160 $13,298 9.91%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 148 $56,020,000 $378,514 $16,010 9.89%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 224 $43,340,000 $193,482 $10,177 9.78%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 90 $39,810,000 $442,333 $15,985 9.83%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 94 $37,890,000 $403,085 $14,659 9.79%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 107 $28,835,000 $269,486 $11,263 10.12%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 84 $26,300,000 $313,095 $13,633 9.94%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 103 $25,335,000 $245,971 $11,569 10.02%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 100 $20,690,000 $206,900 $9,788 10.13%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 50 $20,520,000 $410,400 $13,585 9.75%
WORCESTER, MA-CT (FHA|USDA|VA) 51 $16,875,000 $330,882 $13,205 9.95%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 54 $15,870,000 $293,889 $12,244 9.86%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 69 $15,715,000 $227,754 $11,064 10.14%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 59 $15,515,000 $262,966 $11,645 10.60%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 47 $13,705,000 $291,596 $12,695 10.10%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 49 $13,295,000 $271,327 $11,695 10.15%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 38 $13,250,000 $348,684 $14,281 10.20%
RICHMOND, VA (FHA|USDA|VA) 57 $13,235,000 $232,193 $10,554 10.01%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 15 $13,175,000 $878,333 $3,733 7.76%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 40 $12,590,000 $314,750 $13,415 10.35%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 43 $12,565,000 $292,209 $12,505 10.01%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 39 $10,815,000 $277,308 $12,113 9.90%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 43 $10,795,000 $251,047 $9,924 9.67%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 28 $10,650,000 $380,357 $13,568 9.72%
RALEIGH-CARY, NC (FHA|USDA|VA) 38 $10,650,000 $280,263 $11,285 10.10%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 37 $9,425,000 $254,730 $10,244 9.96%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 23 $9,145,000 $397,609 $14,430 10.02%
LOUISVILLE, KY (FHA|USDA|VA) 46 $8,570,000 $186,304 $8,831 10.32%
Outside of Metro Areas 43 $8,415,000 $195,698 $8,087 10.05%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 39 $7,395,000 $189,615 $8,463 10.21%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 22 $6,360,000 $289,091 $11,853 10.18%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 38 $6,350,000 $167,105 $8,007 10.22%
SALEM, OR (FHA|USDA|VA) 16 $6,200,000 $387,500 $14,308 9.96%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 16 $5,840,000 $365,000 $13,980 10.20%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 24 $5,560,000 $231,667 $9,673 9.91%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 22 $5,550,000 $252,273 $10,238 10.23%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 20 $5,330,000 $266,500 $10,641 10.24%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 30 $5,300,000 $176,667 $8,256 10.38%
KANSAS CITY, MO-KS (FHA|USDA|VA) 22 $4,910,000 $223,182 $9,034 10.16%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 10 $4,710,000 $471,000 $16,789 9.98%
SALISBURY, MD-DE (FHA|USDA|VA) 22 $4,680,000 $212,727 $9,852 10.23%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 21 $4,645,000 $221,190 $10,211 10.02%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 15 $4,395,000 $293,000 $13,806 10.46%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 23 $4,385,000 $190,652 $9,116 10.13%
COLUMBUS, OH (FHA|USDA|VA) 22 $3,950,000 $179,545 $7,550 10.43%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 16 $3,890,000 $243,125 $10,846 10.04%
JACKSONVILLE, FL (FHA|USDA|VA) 14 $3,850,000 $275,000 $10,694 10.37%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 16 $3,850,000 $240,625 $10,751 9.96%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 21 $3,775,000 $179,762 $7,932 10.19%
NILES, MI (FHA|USDA|VA) 1 $3,755,000 $3,755,000 $0 7.75%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 8 $3,670,000 $458,750 $15,996 9.37%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 11 $3,665,000 $333,182 $12,479 10.09%
MODESTO, CA (FHA|USDA|VA) 10 $3,610,000 $361,000 $12,372 9.94%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 12 $3,560,000 $296,667 $11,603 9.97%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 6 $3,510,000 $585,000 $16,829 9.46%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 9 $3,495,000 $388,333 $14,242 9.44%
STOCKTON, CA (FHA|USDA|VA) 9 $3,335,000 $370,556 $13,013 9.25%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 20 $3,030,000 $151,500 $7,682 10.94%
COLUMBIA, SC (FHA|USDA|VA) 10 $2,900,000 $290,000 $11,102 10.75%
PROVO-OREM, UT (FHA|USDA|VA) 6 $2,870,000 $478,333 $15,612 9.90%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 7 $2,865,000 $409,286 $13,083 9.68%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 6 $2,680,000 $446,667 $15,904 9.29%
MERCED, CA (FHA|USDA|VA) 8 $2,530,000 $316,250 $12,010 9.91%
ROANOKE, VA (FHA|USDA|VA) 15 $2,455,000 $163,667 $8,873 10.16%
PITTSBURGH, PA (FHA|USDA|VA) 15 $2,405,000 $160,333 $8,736 10.63%
SPRINGFIELD, MA (FHA|USDA|VA) 8 $2,270,000 $283,750 $10,622 9.69%
RENO, NV (FHA|USDA|VA) 8 $2,250,000 $281,250 $12,282 9.72%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 16 $2,220,000 $138,750 $7,096 10.30%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 9 $2,175,000 $241,667 $10,513 10.35%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 7 $2,115,000 $302,143 $13,082 9.66%
WINCHESTER, VA-WV (FHA|USDA|VA) 8 $2,100,000 $262,500 $11,516 9.34%
Vineyard Haven, MA (FHA|USDA|VA) 3 $1,975,000 $658,333 $20,271 10.28%
GREELEY, CO (FHA|USDA|VA) 5 $1,955,000 $391,000 $13,012 10.05%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 10 $1,920,000 $192,000 $9,040 9.85%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 9 $1,885,000 $209,444 $9,357 10.50%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 10 $1,870,000 $187,000 $8,403 10.40%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 12 $1,860,000 $155,000 $7,313 10.28%
HUNTSVILLE, AL (FHA|USDA|VA) 11 $1,845,000 $167,727 $8,500 10.90%
FRESNO, CA (FHA|USDA|VA) 8 $1,740,000 $217,500 $8,716 9.03%
VALLEJO, CA (FHA|USDA|VA) 4 $1,670,000 $417,500 $14,586 9.72%
PORT ST. LUCIE, FL (FHA|USDA|VA) 5 $1,665,000 $333,000 $11,620 9.88%
BATON ROUGE, LA (FHA|USDA|VA) 10 $1,660,000 $166,000 $7,785 10.29%
WILMINGTON, NC (FHA|USDA|VA) 8 $1,630,000 $203,750 $8,418 10.75%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 5 $1,575,000 $315,000 $8,332 9.97%
SALT LAKE CITY, UT (FHA|USDA|VA) 5 $1,455,000 $291,000 $9,926 9.63%
GAINESVILLE, GA (FHA|USDA|VA) 6 $1,430,000 $238,333 $10,267 9.81%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 6 $1,360,000 $226,667 $9,236 9.81%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $1,335,000 $267,000 $10,814 10.10%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 6 $1,290,000 $215,000 $10,339 10.39%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $1,240,000 $310,000 $12,767 8.84%
Sandpoint, ID (FHA|USDA|VA) 2 $1,240,000 $620,000 $19,382 9.88%
SAVANNAH, GA (FHA|USDA|VA) 5 $1,225,000 $245,000 $10,741 9.62%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 5 $1,115,000 $223,000 $11,082 9.30%
LAFAYETTE, LA (FHA|USDA|VA) 3 $1,105,000 $368,333 $13,975 9.50%
Lewisburg, TN (FHA|USDA|VA) 3 $1,105,000 $368,333 $11,843 9.42%
ALBANY-LEBANON, OR (FHA|USDA|VA) 4 $1,090,000 $272,500 $9,533 9.66%
CARSON CITY, NV (FHA|USDA|VA) 2 $1,000,000 $500,000 $18,937 10.31%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $975,000 $325,000 $10,793 9.83%
ASHEVILLE, NC (FHA|USDA|VA) 3 $955,000 $318,333 $11,884 10.04%
BAKERSFIELD, CA (FHA|USDA|VA) 4 $950,000 $237,500 $11,490 9.59%
ROME, GA (FHA|USDA|VA) 3 $945,000 $315,000 $10,160 11.03%
Centralia, WA (FHA|USDA|VA) 3 $925,000 $308,333 $11,220 11.13%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $890,000 $222,500 $9,120 9.41%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $885,000 $295,000 $11,422 10.75%
Moses Lake, WA (FHA|USDA|VA) 4 $880,000 $220,000 $8,314 10.53%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $880,000 $440,000 $14,308 10.81%
Torrington, CT (FHA|USDA|VA) 4 $860,000 $215,000 $11,040 10.31%
BOULDER, CO (FHA|USDA|VA) 2 $860,000 $430,000 $14,754 10.06%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 3 $845,000 $281,667 $9,085 9.79%
SALINAS, CA (FHA|USDA|VA) 2 $840,000 $420,000 $14,872 9.56%
Richmond-Berea, KY (FHA|USDA|VA) 3 $835,000 $278,333 $11,690 9.67%
OCEAN CITY, NJ (FHA|USDA|VA) 4 $830,000 $207,500 $9,372 10.25%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $825,000 $275,000 $11,646 8.87%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 4 $810,000 $202,500 $9,689 9.90%
Jefferson, GA (FHA|USDA|VA) 3 $805,000 $268,333 $11,735 10.08%
MADERA, CA (FHA|USDA|VA) 3 $805,000 $268,333 $10,811 9.92%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $795,000 $265,000 $9,998 9.83%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 3 $785,000 $261,667 $10,205 10.17%
WINSTON-SALEM, NC (FHA|USDA|VA) 3 $755,000 $251,667 $11,725 10.00%
Aberdeen, WA (FHA|USDA|VA) 1 $725,000 $725,000 $25,843 10.13%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 6 $710,000 $118,333 $7,177 10.94%
FORT COLLINS, CO (FHA|USDA|VA) 2 $710,000 $355,000 $12,692 9.75%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 3 $705,000 $235,000 $7,042 9.79%
ROCKFORD, IL (FHA|USDA|VA) 6 $700,000 $116,667 $7,068 10.35%
TUCSON, AZ (FHA|USDA|VA) 4 $700,000 $175,000 $8,646 10.09%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $690,000 $345,000 $13,614 11.56%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 4 $690,000 $172,500 $9,501 9.03%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $685,000 $228,333 $10,641 10.50%
ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $665,000 $133,000 $7,551 9.18%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $665,000 $665,000 $13,869 11.38%
LONGVIEW, WA (FHA|USDA|VA) 2 $660,000 $330,000 $11,481 9.56%
FAYETTEVILLE, NC (FHA|USDA|VA) 5 $655,000 $131,000 $7,661 10.62%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $655,000 $218,333 $9,961 9.83%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 4 $650,000 $162,500 $8,574 10.37%
Oak Harbor, WA (FHA|USDA|VA) 2 $650,000 $325,000 $14,559 9.56%
Heber, UT (FHA|USDA|VA) 1 $645,000 $645,000 $17,325 9.13%
Clearlake, CA (FHA|USDA|VA) 2 $640,000 $320,000 $11,173 9.44%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $630,000 $315,000 $14,349 9.50%
BEND, OR (FHA|USDA|VA) 2 $620,000 $310,000 $11,593 9.50%
REDDING, CA (FHA|USDA|VA) 1 $605,000 $605,000 $23,347 10.75%
Frankfort, KY (FHA|USDA|VA) 3 $605,000 $201,667 $9,883 9.87%
BOWLING GREEN, KY (FHA|USDA|VA) 4 $600,000 $150,000 $7,228 9.88%
Fort Morgan, CO (FHA|USDA|VA) 2 $600,000 $300,000 $9,518 9.88%
Hobbs, NM (FHA|USDA|VA) 2 $530,000 $265,000 $13,070 11.44%
VISALIA, CA (FHA|USDA|VA) 2 $530,000 $265,000 $11,076 9.81%
Othello, WA (FHA|USDA|VA) 2 $530,000 $265,000 $10,527 10.38%
PEORIA, IL (FHA|USDA|VA) 2 $520,000 $260,000 $7,925 9.44%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $515,000 $515,000 $17,882 8.88%
Sevierville, TN (FHA|USDA|VA) 2 $510,000 $255,000 $9,017 10.19%
ANN ARBOR, MI (FHA|USDA|VA) 3 $505,000 $168,333 $6,560 10.29%
MORRISTOWN, TN (FHA|USDA|VA) 3 $505,000 $168,333 $7,927 9.96%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 3 $495,000 $165,000 $8,139 9.96%
COLUMBUS, IN (FHA|USDA|VA) 3 $495,000 $165,000 $6,413 9.92%
Hermiston-Pendleton, OR (FHA|USDA|VA) 2 $490,000 $245,000 $11,496 9.38%
KNOXVILLE, TN (FHA|USDA|VA) 2 $490,000 $245,000 $9,900 10.06%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 2 $470,000 $235,000 $7,867 9.81%
Breckenridge, CO (FHA|USDA|VA) 1 $455,000 $455,000 $13,967 9.75%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $455,000 $455,000 $13,134 9.00%
GAINESVILLE, FL (FHA|USDA|VA) 2 $450,000 $225,000 $8,847 10.00%
Laconia, NH (FHA|USDA|VA) 1 $445,000 $445,000 $15,787 9.00%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $445,000 $445,000 $17,303 11.75%
DOVER, DE (FHA|USDA|VA) 2 $430,000 $215,000 $9,933 10.00%
GOLDSBORO, NC (FHA|USDA|VA) 3 $425,000 $141,667 $6,154 9.79%
DOTHAN, AL (FHA|USDA|VA) 3 $425,000 $141,667 $6,598 10.08%
READING, PA (FHA|USDA|VA) 2 $420,000 $210,000 $7,861 10.63%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $420,000 $210,000 $9,080 10.19%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $415,000 $415,000 $12,063 10.00%
Crescent City, CA (FHA|USDA|VA) 1 $415,000 $415,000 $14,871 10.63%
MANKATO, MN (FHA|USDA|VA) 1 $415,000 $415,000 $11,015 8.75%
JACKSONVILLE, NC (FHA|USDA|VA) 2 $410,000 $205,000 $9,803 10.25%
CLEVELAND, TN (FHA|USDA|VA) 2 $410,000 $205,000 $10,196 10.87%
PANAMA CITY, FL (FHA|USDA|VA) 1 $395,000 $395,000 $11,361 9.13%
MONTGOMERY, AL (FHA|USDA|VA) 3 $395,000 $131,667 $7,188 10.42%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 3 $395,000 $131,667 $8,213 10.87%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $390,000 $195,000 $8,993 10.06%
Hailey, ID (FHA|USDA|VA) 1 $385,000 $385,000 $13,102 9.38%
Henderson, NC (FHA|USDA|VA) 2 $380,000 $190,000 $8,876 10.19%
CORVALLIS, OR (FHA|USDA|VA) 1 $375,000 $375,000 $14,764 9.38%
Keene, NH (FHA|USDA|VA) 1 $375,000 $375,000 $10,476 9.75%
OCALA, FL (FHA|USDA|VA) 2 $370,000 $185,000 $8,208 10.62%
Rock Springs, WY (FHA|USDA|VA) 2 $370,000 $185,000 $7,155 9.94%
Wilson, NC (FHA|USDA|VA) 2 $370,000 $185,000 $7,407 9.50%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $355,000 $355,000 $12,796 8.38%
LAWTON, OK (FHA|USDA|VA) 1 $355,000 $355,000 $11,365 9.38%
Cedartown, GA (FHA|USDA|VA) 1 $355,000 $355,000 $15,333 9.63%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $345,000 $345,000 $9,466 9.12%
JOPLIN, MO (FHA|USDA|VA) 2 $340,000 $170,000 $6,706 10.69%
YAKIMA, WA (FHA|USDA|VA) 2 $340,000 $170,000 $5,262 9.06%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $340,000 $170,000 $7,924 10.25%
ST. GEORGE, UT (FHA|USDA|VA) 1 $335,000 $335,000 $8,809 10.63%
El Campo, TX (FHA|USDA|VA) 2 $330,000 $165,000 $7,366 11.19%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $325,000 $325,000 $11,421 10.63%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $325,000 $325,000 $11,240 8.88%
Lebanon, NH-VT (FHA|USDA|VA) 1 $325,000 $325,000 $14,014 9.63%
SPRINGFIELD, OH (FHA|USDA|VA) 2 $320,000 $160,000 $7,143 10.25%
TULSA, OK (FHA|USDA|VA) 1 $315,000 $315,000 $9,345 10.00%
Bonham, TX (FHA|USDA|VA) 1 $315,000 $315,000 $13,100 10.38%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $315,000 $315,000 $9,016 10.00%
LAKE CHARLES, LA (FHA|USDA|VA) 2 $300,000 $150,000 $7,239 9.56%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 2 $300,000 $150,000 $8,193 10.50%
EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $300,000 $150,000 $6,895 8.88%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $300,000 $150,000 $9,292 10.25%
BOISE CITY, ID (FHA|USDA|VA) 1 $295,000 $295,000 $11,084 8.88%
Salina, KS (FHA|USDA|VA) 1 $295,000 $295,000 $10,955 9.50%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $285,000 $285,000 $13,541 10.12%
Greeneville, TN (FHA|USDA|VA) 1 $285,000 $285,000 $8,857 9.50%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $285,000 $285,000 $9,838 10.00%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $285,000 $285,000 $10,334 9.50%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $285,000 $285,000 $10,909 9.38%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $280,000 $140,000 $6,614 10.63%
WENATCHEE, WA (FHA|USDA|VA) 1 $275,000 $275,000 $12,353 8.50%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $275,000 $275,000 $7,290 9.38%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 3 $265,000 $88,333 $5,279 11.27%
LONGVIEW, TX (FHA|USDA|VA) 3 $265,000 $88,333 $0 9.29%
Easton, MD (FHA|USDA|VA) 1 $265,000 $265,000 $12,785 9.50%
Shelton, WA (FHA|USDA|VA) 1 $265,000 $265,000 $9,547 9.13%
Shelbyville, TN (FHA|USDA|VA) 1 $265,000 $265,000 $10,934 9.50%
DALTON, GA (FHA|USDA|VA) 1 $265,000 $265,000 $9,632 8.25%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $265,000 $265,000 $9,254 8.25%
Cambridge, MD (FHA|USDA|VA) 2 $260,000 $130,000 $8,069 11.75%
Whitewater, WI (FHA|USDA|VA) 1 $255,000 $255,000 $11,093 9.87%
LEBANON, PA (FHA|USDA|VA) 1 $255,000 $255,000 $8,678 9.88%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $245,000 $245,000 $9,394 9.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $245,000 $245,000 $10,077 9.50%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $235,000 $235,000 $11,441 11.00%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $235,000 $235,000 $11,087 10.00%
Big Rapids, MI (FHA|USDA|VA) 1 $235,000 $235,000 $8,336 9.25%
Lumberton, NC (FHA|USDA|VA) 1 $235,000 $235,000 $9,071 9.50%
MOBILE, AL (FHA|USDA|VA) 2 $230,000 $115,000 $6,709 9.19%
Fallon, NV (FHA|USDA|VA) 1 $225,000 $225,000 $11,755 11.99%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $225,000 $225,000 $10,606 8.75%
JACKSON, MS (FHA|USDA|VA) 2 $220,000 $110,000 $6,819 11.56%
HINESVILLE, GA (FHA|USDA|VA) 1 $215,000 $215,000 $8,693 9.88%
LANCASTER, PA (FHA|USDA|VA) 1 $215,000 $215,000 $8,730 9.75%
MANHATTAN, KS (FHA|USDA|VA) 1 $215,000 $215,000 $8,001 9.38%
Payson, AZ (FHA|USDA|VA) 1 $215,000 $215,000 $8,051 12.00%
WICHITA, KS (FHA|USDA|VA) 2 $210,000 $105,000 $6,450 9.13%
GREENVILLE, NC (FHA|USDA|VA) 2 $210,000 $105,000 $6,555 9.75%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $205,000 $205,000 $9,927 9.13%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $205,000 $205,000 $8,429 9.25%
Scottsboro, AL (FHA|USDA|VA) 1 $195,000 $195,000 $7,913 11.24%
MIDLAND, TX (FHA|USDA|VA) 1 $195,000 $195,000 $10,048 10.13%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $185,000 $185,000 $6,710 9.88%
Sanford, NC (FHA|USDA|VA) 1 $185,000 $185,000 $8,608 9.50%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 2 $180,000 $90,000 $6,007 12.75%
LUBBOCK, TX (FHA|USDA|VA) 2 $180,000 $90,000 $0 7.88%
Hutchinson, MN (FHA|USDA|VA) 1 $175,000 $175,000 $7,164 8.88%
Cambridge, OH (FHA|USDA|VA) 1 $175,000 $175,000 $8,880 9.88%
Albertville, AL (FHA|USDA|VA) 1 $175,000 $175,000 $6,368 10.13%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $175,000 $175,000 $7,236 10.50%
West Plains, MO (FHA|USDA|VA) 1 $175,000 $175,000 $6,470 9.63%
SPARTANBURG, SC (FHA|USDA|VA) 1 $165,000 $165,000 $7,571 12.50%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $155,000 $155,000 $6,875 9.13%
BURLINGTON, NC (FHA|USDA|VA) 1 $155,000 $155,000 $7,943 9.75%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $155,000 $155,000 $8,549 10.50%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $145,000 $145,000 $6,998 9.75%
Plymouth, IN (FHA|USDA|VA) 1 $145,000 $145,000 $6,323 9.38%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $135,000 $135,000 $8,246 10.75%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $0 9.38%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $8,001 9.75%
Ottawa, KS (FHA|USDA|VA) 1 $125,000 $125,000 $7,010 10.75%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $125,000 $125,000 $6,586 11.87%
TOLEDO, OH (FHA|USDA|VA) 1 $125,000 $125,000 $6,689 10.25%
New Ulm, MN (FHA|USDA|VA) 1 $115,000 $115,000 $6,837 11.24%
Fairfield, IA (FHA|USDA|VA) 1 $115,000 $115,000 $6,591 10.62%
Palatka, FL (FHA|USDA|VA) 1 $115,000 $115,000 $6,574 9.63%
WILLIAMSPORT, PA (FHA|USDA|VA) 1 $115,000 $115,000 $6,414 9.88%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $115,000 $115,000 $6,064 9.50%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $115,000 $115,000 $0 10.38%
Rochelle, IL (FHA|USDA|VA) 1 $105,000 $105,000 $6,105 11.50%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $105,000 $105,000 $4,937 10.12%
Adrian, MI (FHA|USDA|VA) 1 $105,000 $105,000 $6,292 11.37%
EL CENTRO, CA (FHA|USDA|VA) 1 $105,000 $105,000 $8,553 10.50%
Danville, KY (FHA|USDA|VA) 1 $105,000 $105,000 $6,678 11.75%
Fitzgerald, GA (FHA|USDA|VA) 1 $105,000 $105,000 $7,743 9.75%
Fernley, NV (FHA|USDA|VA) 1 $105,000 $105,000 $6,251 9.88%
DANVILLE, IL (FHA|USDA|VA) 1 $105,000 $105,000 $6,220 9.13%
Jasper, AL (FHA|USDA|VA) 1 $95,000 $95,000 $6,213 12.00%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $95,000 $95,000 $5,334 8.88%
Kendallville, IN (FHA|USDA|VA) 1 $95,000 $95,000 $5,539 9.63%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $95,000 $95,000 $7,090 11.75%
AKRON, OH (FHA|USDA|VA) 1 $85,000 $85,000 $4,924 10.38%
Ottawa, IL (FHA|USDA|VA) 1 $85,000 $85,000 $6,025 9.87%
Austin, MN (FHA|USDA|VA) 1 $75,000 $75,000 $6,089 10.13%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $75,000 $75,000 $5,409 10.50%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 1 $75,000 $75,000 $3,799 11.50%
JACKSON, TN (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.88%
Stephenville, TX (FHA|USDA|VA) 1 $75,000 $75,000 $5,289 9.38%
Bluefield, WV-VA (FHA|USDA|VA) 1 $65,000 $65,000 $5,772 12.25%
ROCHESTER, NY (FHA|USDA|VA) 1 $65,000 $65,000 $5,478 10.12%
FAIRBANKS, AK (FHA|USDA|VA) 1 $65,000 $65,000 $5,191 9.88%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.38%
MUNCIE, IN (FHA|USDA|VA) 1 $55,000 $55,000 $5,428 12.63%
Fort Payne, AL (FHA|USDA|VA) 1 $25,000 $25,000 $2,848 13.50%
First National Bank Of America's top markets include Atlanta, Washington, New York, Chicago, and Boston among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,437 $948,885,000 $276,079 $11,512 10.02%

    For 2023, First National Bank Of America's most frequently originated type of loan was Conventional, with 3,437 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,199 $888,505,000 $277,745 $11,694 10.03%
    Cash Out Refi 73 $25,575,000 $350,342 $8,437 9.86%
    Other 69 $14,675,000 $212,681 $9,214 9.94%
    Refi 57 $12,685,000 $222,544 $9,611 9.86%
    Home Improvement 39 $7,445,000 $190,897 $8,526 9.87%

    For 2023, First National Bank Of America's most frequently cited loan purpose was Home Purchase, with 3,199 originations. The 2nd most popular reason was Cash Out Refi, with 73 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,103 $876,175,000 $282,364 $11,757 10.01%
    20 Year 131 $23,295,000 $177,824 $8,513 10.21%
    Other 106 $19,940,000 $188,113 $8,532 10.39%
    15 Year 77 $12,125,000 $157,468 $7,662 9.99%
    5 Year 14 $12,090,000 $863,571 $0 7.32%
    10 Year 6 $5,260,000 $876,667 $5,428 8.85%

    For 2023, First National Bank Of America's most frequently cited loan duration was 30 Year, with 3,103 originations. The 2nd most popular length was 20 Year, with 131 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 2,930 $865,950,000 $295,546
    $4k-5k 284 $35,610,000 $125,387
    $3k-4k 73 $6,605,000 $90,479
    $1k-2k 27 $5,095,000 $188,704
    $2k-3k 6 $390,000 $65,000
    $<1k 3 $105,000 $35,000

    First National Bank Of America's average total fees were $11,757, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 2,930 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 3,382 $922,990,000 $272,912
    7-8% 51 $23,185,000 $454,608
    6-7% 4 $2,710,000 $677,500

    During 2023, First National Bank Of America's average interest rate for loans was 10.01%, while their most frequently originated rate bucket for loans was Over 8%, with 3,382 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,831 $518,785,000 $283,334 $11,814 9.97%
    $100k-200k 938 $144,180,000 $153,710 $8,114 10.13%
    $400k-600k 421 $197,855,000 $469,964 $17,128 9.88%
    $100,000 or less 154 $12,090,000 $78,506 $5,791 10.51%
    $600k-1MM 83 $56,945,000 $686,084 $21,641 9.93%
    $1MM+ 10 $19,030,000 $1,903,000 $32,859 7.97%

    2023 saw First National Bank Of America place emphasis on $200k-400k loans with 1,831 originations, totaling $518,785,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 878 $265,590,000 $302,494 $12,420 10.01%
    $75k-100k 749 $178,635,000 $238,498 $10,555 10.03%
    $50k-75k 672 $124,830,000 $185,759 $8,970 9.96%
    $150k-250k 602 $217,490,000 $361,279 $14,102 10.14%
    $250k+ 263 $110,115,000 $418,688 $15,697 10.21%
    $50k or less 217 $26,955,000 $124,217 $7,161 10.11%

    First National Bank Of America lent most frequently to those with incomes in the $100k-150k range, with 878 originations. The second most popular income band? $75k-100k, with 749 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 555 $143,895,000 $259,270 $11,242 10.09%
    20-30% 540 $138,670,000 $256,796 $11,093 10.07%
    50-60% 413 $120,165,000 $290,956 $11,704 9.86%
    <20% 257 $65,525,000 $254,961 $11,157 10.31%
    41% 140 $40,310,000 $287,929 $11,852 10.06%
    46% 128 $36,910,000 $288,359 $12,030 10.03%
    42% 124 $34,100,000 $275,000 $11,393 10.25%
    38% 124 $34,340,000 $276,935 $11,955 9.99%
    49% 121 $34,965,000 $288,967 $12,045 9.97%
    40% 117 $33,195,000 $283,718 $11,877 10.01%
    43% 113 $34,665,000 $306,770 $12,441 9.99%
    45% 111 $28,955,000 $260,856 $11,089 10.08%
    48% 110 $30,580,000 $278,000 $11,642 10.03%
    37% 109 $30,415,000 $279,037 $11,520 10.28%
    36% 109 $29,685,000 $272,339 $11,714 9.93%
    39% 104 $28,200,000 $271,154 $11,437 10.02%
    47% 104 $29,650,000 $285,096 $11,586 9.92%
    44% 101 $29,185,000 $288,960 $12,027 9.98%

    First National Bank Of America lent most frequently to those with DTI ratios of 30-36%, with 555 originations. The next most common DTI ratio? 20-30%, with 540 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,708 $741,110,000 $273,674 $11,667 10.04%
    Not provided 553 $148,105,000 $267,821 $10,936 10.08%
    Not applicable 40 $21,270,000 $531,750 $0 7.60%
    Black 59 $16,645,000 $282,119 $11,238 10.23%
    American Indian 39 $9,735,000 $249,615 $10,219 10.11%
    Asian 22 $5,840,000 $265,455 $10,646 10.06%
    Asian Indian 8 $4,530,000 $566,250 $12,972 9.51%
    Other Asian 3 $685,000 $228,333 $7,193 10.00%
    Native Hawaiian or Islander 3 $595,000 $198,333 $9,441 10.13%
    Korean 2 $370,000 $185,000 $7,742 9.63%

    Approval Rates

    Total approvals of all applications
    87.84%

    First National Bank Of America has an average approval rate.

    Pick Rate

    Approvals leading to origination
    71.81%

    First National Bank Of America has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,437 $948,885,000 $276,079

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,437 $948,885,000 $276,079

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 85 $14,415,000 $169,588 $8,115 9.73%
    40-60% 302 $67,520,000 $223,576 $9,667 9.59%
    60-80% 2,151 $592,175,000 $275,302 $11,504 10.18%
    80-100% 887 $273,785,000 $308,664 $12,416 9.81%
    Under 20% 9 $885,000 $98,333 $6,517 9.07%