Diamond Bank Mortgage Rates, Fees & Info

Murfreesboro, AR

LEI: 254900YY36UO9MBPH808

Tax ID: 71-0141380

Latest/2024 | 2023 Data | 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

    Diamond Bank is a smaller bank specializing in Home Purchase and Refi loans. Diamond Bank has a high proportion of conventional loans. Their top markets by origination volume include: Hot Springs, Russellville, Texarkana, Hope, and Arkadelphia among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Diamond Bank 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.

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    Originations

    213

    Origination Dollar Volume (All Markets)

    $28,975,000

    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
    Outside of Metro Areas 103 $11,935,000 $115,874 $0 0.00%
    HOT SPRINGS, AR (FHA|USDA|VA) 30 $5,600,000 $186,667 $0 0.00%
    Russellville, AR (FHA|USDA|VA) 24 $4,330,000 $180,417 $0 0.00%
    TEXARKANA, TX-AR (FHA|USDA|VA) 22 $3,190,000 $145,000 $0 0.00%
    Hope, AR (FHA|USDA|VA) 21 $2,085,000 $99,286 $0 0.00%
    Arkadelphia, AR (FHA|USDA|VA) 8 $790,000 $98,750 $0 0.00%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $535,000 $178,333 $0 0.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $415,000 $415,000 $0 0.00%
    Malvern, AR (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
    Diamond Bank's top markets include Hot Springs, Russellville, Texarkana, Hope, and Arkadelphia among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 213 $28,975,000 $136,033 $0 0.00%

    For 2024, Diamond Bank's most frequently originated type of loan was Conventional, with 213 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 113 $17,715,000 $156,770 $0 0.00%
    Refi 62 $9,420,000 $151,935 $0 0.00%
    Home Improvement 30 $1,520,000 $50,667 $0 0.00%
    Other 8 $320,000 $40,000 $0 0.00%

    For 2024, Diamond Bank's most frequently cited loan purpose was Home Purchase, with 113 originations. The 2nd most popular reason was Refi, with 62 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 213 $28,975,000 $136,033 $0 0.00%

    For 2024, Diamond Bank's most frequently cited loan duration was Other, with 213 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 115 $5,875,000 $51,087 $0 0.00%
    $100k-200k 60 $9,020,000 $150,333 $0 0.00%
    $200k-400k 28 $7,950,000 $283,929 $0 0.00%
    $400k-600k 7 $3,235,000 $462,143 $0 0.00%
    $600k-1MM 2 $1,630,000 $815,000 $0 0.00%
    $1MM+ 1 $1,265,000 $1,265,000 $0 0.00%

    2024 saw Diamond Bank place emphasis on $100,000 or less loans with 115 originations, totaling $5,875,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 42 $2,610,000 $62,143 $0 0.00%
    $50k-75k 36 $2,870,000 $79,722 $0 0.00%
    $100k-150k 35 $5,275,000 $150,714 $0 0.00%
    $75k-100k 25 $2,955,000 $118,200 $0 0.00%
    $150k-250k 24 $4,750,000 $197,917 $0 0.00%
    $250k+ 16 $3,030,000 $189,375 $0 0.00%

    Diamond Bank lent most frequently to those with incomes in the $50k or less range, with 42 originations. The second most popular income band? $50k-75k, with 36 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 213 $28,975,000 $136,033 $0 0.00%

    Diamond Bank lent most frequently to those with DTI ratios of Exempt%, with 213 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 169 $20,415,000 $120,799 $0 0.00%
    Not applicable 32 $7,300,000 $228,125 $0 0.00%
    Black 9 $745,000 $82,778 $0 0.00%
    Asian 3 $515,000 $171,667 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.52%

    Diamond Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.14%

    Diamond Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 213 $28,975,000 $136,033

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    213 $28,975,000 $136,033