First National Bank Of Evant Mortgage Rates, Fees & Info
Gatesville, TXLEI: 254900Y2VQW872IK0096
Tax ID: 74-0614976
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First National Bank Of Evant is a smaller bank specializing in Home Purchase and Cash Out Refi loans. First National Bank Of Evant has a high proportion of conventional loans. Their top markets by origination volume include: Killeen, Houston, Midland, Waco, and Tyler among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank Of Evant 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.
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Originations
54Origination Dollar Volume (All Markets)
$6,810,000Top 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 |
|---|---|---|---|---|---|
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 45 | $5,365,000 | $119,222 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $110,000 | $55,000 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 54 | $6,810,000 | $126,111 | $0 | 0.00% |
For 2018, First National Bank Of Evant's most frequently originated type of loan was Conventional, with 54 originations.
Loan Reason
For 2018, First National Bank Of Evant's most frequently cited loan purpose was Home Purchase, with 25 originations. The 2nd most popular reason was Cash Out Refi, with 22 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 54 | $6,810,000 | $126,111 | $0 | 0.00% |
For 2018, First National Bank Of Evant's most frequently cited loan duration was Other, with 54 originations.
Loan Sizing
2018 saw First National Bank Of Evant place emphasis on $100,000 or less loans with 27 originations, totaling $1,585,000 in origination value.
Applicant Income
First National Bank Of Evant lent most frequently to those with incomes in the $50k-75k range, with 15 originations. The second most popular income band? $100k-150k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 54 | $6,810,000 | $126,111 | $0 | 0.00% |
First National Bank Of Evant lent most frequently to those with DTI ratios of Exempt%, with 54 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 54 | $6,810,000 | $126,111 | $0 | 0.00% |
Approval Rates
Total approvals of all applications98.21%
First National Bank Of Evant has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination98.15%
First National Bank Of Evant has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 54 | $6,810,000 | $126,111 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 3 | $195,000 | $65,000 |
| Single Family (1-4 Units):Site-Built | 51 | $6,615,000 | $129,706 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST NATIONAL BANK OF OMAHA | Conventional home mortgage | Struggling to pay mortgage | 1 | 50.0% |
| FIRST NATIONAL BANK OF OMAHA | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 50.0% |