The First National Bank Of Bastrop Mortgage Rates, Fees & Info
Bastrop, TXLEI: 254900YTMXVNCWHCVS50
Tax ID: 74-0501835
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
The First National Bank Of Bastrop is a smaller bank specializing in Home Purchase and Cash Out Refi loans. The First National Bank Of Bastrop has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Austin, San Antonio, College Station, and Lubbock among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)The First National Bank Of Bastrop 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.
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
124Origination Dollar Volume (All Markets)
$33,470,000Top 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 |
|---|---|---|---|---|---|
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 113 | $30,945,000 | $273,850 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $1,570,000 | $261,667 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 122 | $32,920,000 | $269,836 | $0 | 0.00% |
| VA | 1 | $265,000 | $265,000 | $0 | 0.00% |
| USDA | 1 | $285,000 | $285,000 | $0 | 0.00% |
For 2023, The First National Bank Of Bastrop's most frequently originated type of loan was Conventional, with 122 originations. Their 2nd most popular type was VA, with 1 originations.
Loan Reason
For 2023, The First National Bank Of Bastrop's most frequently cited loan purpose was Home Purchase, with 73 originations. The 2nd most popular reason was Cash Out Refi, with 27 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 124 | $33,470,000 | $269,919 | $0 | 0.00% |
For 2023, The First National Bank Of Bastrop's most frequently cited loan duration was Other, with 124 originations.
Loan Sizing
2023 saw The First National Bank Of Bastrop place emphasis on $200k-400k loans with 68 originations, totaling $18,680,000 in origination value.
Applicant Income
The First National Bank Of Bastrop lent most frequently to those with incomes in the $100k-150k range, with 31 originations. The second most popular income band? $150k-250k, with 26 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 124 | $33,470,000 | $269,919 | $0 | 0.00% |
The First National Bank Of Bastrop lent most frequently to those with DTI ratios of Exempt%, with 124 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.53%
The First National Bank Of Bastrop has a below average approval rate.
Pick Rate
Approvals leading to origination37.10%
The First National Bank Of Bastrop 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 |
|---|---|---|---|
| Exempt | 124 | $33,470,000 | $269,919 |