First National Bank Of Evant Mortgage Rates, Fees & Info

Gatesville, TX

LEI: 254900Y2VQW872IK0096

Tax ID: 74-0614976

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

Review & Overview

First National Bank Of Evant is a smaller bank specializing in Home Purchase loans. First National Bank Of Evant has a high proportion of conventional loans. Their top markets by origination volume include: Killeen, Stephenville, Waco, Dallas, and College Station 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.

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.

Originations

Origination Dollar Volume (All Markets)

$8,195,000

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
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	52	$6,360,000	$122,308	$0	0.00%
Stephenville, TX (FHA\|USDA\|VA)	2	$540,000	$270,000	$0	0.00%
WACO, TX (FHA\|USDA\|VA)	4	$490,000	$122,500	$0	0.00%
Outside of Metro Areas	1	$265,000	$265,000	$0	0.00%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	1	$215,000	$215,000	$0	0.00%
COLLEGE STATION-BRYAN, TX (FHA\|USDA\|VA)	1	$155,000	$155,000	$0	0.00%
SHERMAN-DENISON, TX (FHA\|USDA\|VA)	1	$95,000	$95,000	$0	0.00%
Branson, MO (FHA\|USDA\|VA)	1	$75,000	$75,000	$0	0.00%

First National Bank Of Evant's top markets include Killeen, Stephenville, Waco, Dallas, and College Station among others.

Their top states include:

Texas (FHA|USDA|VA)

Missouri (FHA|USDA|VA)

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	63	$8,195,000	$130,079	$0	0.00%

For 2019, First National Bank Of Evant's most frequently originated type of loan was Conventional, with 63 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	39	$6,195,000	$158,846	$0	0.00%
Cash Out Refi	13	$1,205,000	$92,692	$0	0.00%
Home Improvement	7	$455,000	$65,000	$0	0.00%
Refi	4	$340,000	$85,000	$0	0.00%

For 2019, First National Bank Of Evant's most frequently cited loan purpose was Home Purchase, with 39 originations. The 2nd most popular reason was Cash Out Refi, with 13 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
Other	63	$8,195,000	$130,079	$0	0.00%

For 2019, First National Bank Of Evant's most frequently cited loan duration was Other, with 63 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100,000 or less	30	$1,760,000	$58,667	$0	0.00%
$100k-200k	21	$2,925,000	$139,286	$0	0.00%
$200k-400k	9	$2,175,000	$241,667	$0	0.00%
$400k-600k	3	$1,335,000	$445,000	$0	0.00%

2019 saw First National Bank Of Evant place emphasis on $100,000 or less loans with 30 originations, totaling $1,760,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$100k-150k	17	$2,355,000	$138,529	$0	0.00%
$50k-75k	15	$1,435,000	$95,667	$0	0.00%
$50k or less	10	$780,000	$78,000	$0	0.00%
$75k-100k	9	$1,605,000	$178,333	$0	0.00%
$150k-250k	6	$1,180,000	$196,667	$0	0.00%
$250k+	2	$480,000	$240,000	$0	0.00%

First National Bank Of Evant lent most frequently to those with incomes in the $100k-150k range, with 17 originations. The second most popular income band? $50k-75k, with 15 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
Exempt%	63	$8,195,000	$130,079	$0	0.00%

First National Bank Of Evant lent most frequently to those with DTI ratios of Exempt%, with 63 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	57	$7,525,000	$132,018	$0	0.00%
Not applicable	4	$360,000	$90,000	$0	0.00%
Not provided	1	$275,000	$275,000	$0	0.00%
Other Pacific Islander	1	$35,000	$35,000	$0	0.00%

Approval Rates

Total approvals of all applications
92.75%

First National Bank Of Evant has an average approval rate.

Pick Rate

Approvals leading to origination
98.41%

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	63	$8,195,000	$130,079

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Single Family (1-4 Units):Manufactured	3	$225,000	$75,000
Single Family (1-4 Units):Site-Built	60	$7,970,000	$132,833

Complaints

Bank Name	Product	Issue	2019 CPFB Complaints	% of Total Issues
FIRST NATIONAL BANK OF OMAHA	Conventional home mortgage	Trouble during payment process	3	50.0%
FIRST NATIONAL BANK OF OMAHA	Conventional home mortgage	Closing on a mortgage	2	33.3%
FIRST NATIONAL BANK OF OMAHA	Conventional home mortgage	Struggling to pay mortgage	1	16.7%