Alliance Bank Mortgage Rates, Fees & Info
Sulphur Springs, TXLEI: 254900ZP8FK47JENCV60
Tax ID: 75-0591480
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Alliance Bank is a smaller bank specializing in Home Purchase loans. Alliance Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Sulphur Springs, Sherman, Mount Pleasant, and Longview among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Alliance Bank 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
170Origination Dollar Volume (All Markets)
$59,670,000Top 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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 73 | $34,095,000 | $467,055 | $0 | 0.00% |
| Outside of Metro Areas | 38 | $10,760,000 | $283,158 | $0 | 0.00% |
| Sulphur Springs, TX (FHA|USDA|VA) | 47 | $10,615,000 | $225,851 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 2 | $1,400,000 | $700,000 | $0 | 0.00% |
| Mount Pleasant, TX (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $0 | 0.00% |
| Bonham, TX (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $0 | 0.00% |
| Paris, TX (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 169 | $59,255,000 | $350,621 | $0 | 0.00% |
| VA | 1 | $415,000 | $415,000 | $0 | 0.00% |
For 2023, Alliance Bank's most frequently originated type of loan was Conventional, with 169 originations. Their 2nd most popular type was VA, with 1 originations.
Loan Reason
For 2023, Alliance Bank's most frequently cited loan purpose was Home Purchase, with 134 originations. The 2nd most popular reason was Home Improvement, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 170 | $59,670,000 | $351,000 | $0 | 0.00% |
For 2023, Alliance Bank's most frequently cited loan duration was Other, with 170 originations.
Loan Sizing
2023 saw Alliance Bank place emphasis on $200k-400k loans with 58 originations, totaling $15,990,000 in origination value.
Applicant Income
Alliance Bank lent most frequently to those with incomes in the $150k-250k range, with 38 originations. The second most popular income band? $100k-150k, with 36 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 170 | $59,670,000 | $351,000 | $0 | 0.00% |
Alliance Bank lent most frequently to those with DTI ratios of Exempt%, with 170 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications78.81%
Alliance Bank has a below average approval rate.
Pick Rate
Approvals leading to origination60.00%
Alliance Bank 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 | 170 | $59,670,000 | $351,000 |