Third Coast Bank Ssb Mortgage Rates, Fees & Info

Humble, TX

LEI: 254900Y3KT6SZM11MQ06

Tax ID: 26-2027557

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Third Coast Bank Ssb is a smaller bank specializing in Home Purchase loans. Third Coast Bank Ssb has a high proportion of conventional loans. Their top markets by origination volume include: Houston, Beaumont, Dallas, Nashville, and College Station among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Third Coast Bank Ssb has an above average approval rate when compared to the average across all 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.

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    Originations

    68

    Origination Dollar Volume (All Markets)

    $17,240,000

    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
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 32 $10,730,000 $335,313 $0 0.00%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 18 $2,570,000 $142,778 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $1,985,000 $220,556 $0 0.00%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $555,000 $555,000 $0 0.00%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $530,000 $132,500 $0 0.00%
    Huntsville, TX (FHA|USDA|VA) 1 $525,000 $525,000 $0 0.00%
    Outside of Metro Areas 3 $345,000 $115,000 $0 0.00%
    Third Coast Bank Ssb's top markets include Houston, Beaumont, Dallas, Nashville, and College Station among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 68 $17,240,000 $253,529 $0 0.00%

    For 2018, Third Coast Bank Ssb's most frequently originated type of loan was Conventional, with 68 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 54 $13,250,000 $245,370 $0 0.00%
    Cash Out Refi 8 $1,930,000 $241,250 $0 0.00%
    Refi 4 $1,800,000 $450,000 $0 0.00%
    Home Improvement 1 $95,000 $95,000 $0 0.00%
    Other 1 $165,000 $165,000 $0 0.00%

    For 2018, Third Coast Bank Ssb's most frequently cited loan purpose was Home Purchase, with 54 originations. The 2nd most popular reason was Cash Out Refi, with 8 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 68 $17,240,000 $253,529 $0 0.00%

    For 2018, Third Coast Bank Ssb's most frequently cited loan duration was Other, with 68 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 28 $3,980,000 $142,143 $0 0.00%
    $100,000 or less 17 $1,095,000 $64,412 $0 0.00%
    $200k-400k 11 $3,005,000 $273,182 $0 0.00%
    $400k-600k 5 $2,395,000 $479,000 $0 0.00%
    $600k-1MM 4 $2,660,000 $665,000 $0 0.00%
    $1MM+ 3 $4,105,000 $1,368,333 $0 0.00%

    2018 saw Third Coast Bank Ssb place emphasis on $100k-200k loans with 28 originations, totaling $3,980,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 3 $365,000 $121,667 $0 0.00%
    $150k-250k 2 $340,000 $170,000 $0 0.00%
    $250k+ 2 $180,000 $90,000 $0 0.00%
    $50k-75k 1 $275,000 $275,000 $0 0.00%
    $75k-100k 1 $75,000 $75,000 $0 0.00%

    Third Coast Bank Ssb lent most frequently to those with incomes in the $100k-150k range, with 3 originations. The second most popular income band? $150k-250k, with 2 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 68 $17,240,000 $253,529 $0 0.00%

    Third Coast Bank Ssb lent most frequently to those with DTI ratios of Exempt%, with 68 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 59 $16,005,000 $271,271 $0 0.00%
    White 7 $965,000 $137,857 $0 0.00%
    Asian 2 $270,000 $135,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.55%

    Third Coast Bank Ssb has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 68 $17,240,000 $253,529

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 5 $1,865,000 $373,000
    Single Family (1-4 Units):Site-Built 63 $15,375,000 $244,048