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
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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. They have a low ratio of USDA loans. Their top markets by origination volume include: Austin, San Antonio, Dallas, Cincinnati, and Corpus Christi among others. We have data for 10 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
220Origination Dollar Volume (All Markets)
$62,400,000Top 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) | 201 | $57,105,000 | $284,104 | $0 | 0.00% |
| Outside of Metro Areas | 10 | $2,610,000 | $261,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $880,000 | $440,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| Bay City, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (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 | 219 | $62,095,000 | $283,539 | $0 | 0.00% |
| USDA | 1 | $305,000 | $305,000 | $0 | 0.00% |
For 2022, The First National Bank Of Bastrop's most frequently originated type of loan was Conventional, with 219 originations. Their 2nd most popular type was USDA, with 1 originations.
Loan Reason
For 2022, The First National Bank Of Bastrop's most frequently cited loan purpose was Home Purchase, with 120 originations. The 2nd most popular reason was Cash Out Refi, with 43 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 220 | $62,400,000 | $283,636 | $0 | 0.00% |
For 2022, The First National Bank Of Bastrop's most frequently cited loan duration was Other, with 220 originations.
Loan Sizing
2022 saw The First National Bank Of Bastrop place emphasis on $200k-400k loans with 84 originations, totaling $23,420,000 in origination value.
Applicant Income
The First National Bank Of Bastrop lent most frequently to those with incomes in the $50k-75k range, with 44 originations. The second most popular income band? $100k-150k, with 42 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 220 | $62,400,000 | $283,636 | $0 | 0.00% |
The First National Bank Of Bastrop lent most frequently to those with DTI ratios of Exempt%, with 220 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.46%
The First National Bank Of Bastrop has an average approval rate.
Pick Rate
Approvals leading to origination69.09%
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 | 220 | $62,400,000 | $283,636 |