The First National Bank Of Bastrop Mortgage Rates, Fees & Info
Bastrop, TXLEI: 254900YTMXVNCWHCVS50
Tax ID: 74-0501835
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The First National Bank Of Bastrop is a smaller bank specializing in Home Purchase loans. The First National Bank Of Bastrop has a high proportion of conventional loans. Their top markets by origination volume include: Austin, San Antonio, College Station, Houston, and Bay City among others. We have data for 7 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.
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Originations
133Origination Dollar Volume (All Markets)
$34,935,000Top 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) | 117 | $31,355,000 | $267,991 | $0 | 0.00% |
| Outside of Metro Areas | 6 | $1,440,000 | $240,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $0 | 0.00% |
| Bay City, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 132 | $34,450,000 | $260,985 | $0 | 0.00% |
| VA | 1 | $485,000 | $485,000 | $0 | 0.00% |
For 2024, The First National Bank Of Bastrop's most frequently originated type of loan was Conventional, with 132 originations. Their 2nd most popular type was VA, with 1 originations.
Loan Reason
For 2024, The First National Bank Of Bastrop's most frequently cited loan purpose was Home Purchase, with 82 originations. The 2nd most popular reason was Cash Out Refi, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 133 | $34,935,000 | $262,669 | $0 | 0.00% |
For 2024, The First National Bank Of Bastrop's most frequently cited loan duration was Other, with 133 originations.
Loan Sizing
2024 saw The First National Bank Of Bastrop place emphasis on $200k-400k loans with 50 originations, totaling $14,250,000 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? $75k-100k, with 22 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 133 | $34,935,000 | $262,669 | $0 | 0.00% |
The First National Bank Of Bastrop lent most frequently to those with DTI ratios of Exempt%, with 133 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications78.28%
The First National Bank Of Bastrop has a below average approval rate.
Pick Rate
Approvals leading to origination56.39%
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 | 133 | $34,935,000 | $262,669 |