Alliance Bank Mortgage Rates, Fees & Info
Sulphur Springs, TXLEI: 254900ZP8FK47JENCV60
Tax ID: 75-0591480
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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. They have a low ratio of USDA loans. Their top markets by origination volume include: Dallas, Sulphur Springs, Bonham, Austin, and Sherman among others. We have data for 14 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
222Origination Dollar Volume (All Markets)
$85,800,000Top 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) | 97 | $43,135,000 | $444,691 | $0 | 0.00% |
| Sulphur Springs, TX (FHA|USDA|VA) | 71 | $16,445,000 | $231,620 | $0 | 0.00% |
| Bonham, TX (FHA|USDA|VA) | 2 | $11,490,000 | $5,745,000 | $0 | 0.00% |
| Outside of Metro Areas | 36 | $8,290,000 | $230,278 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $1,450,000 | $725,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 0.00% |
| Mount Pleasant, TX (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 0.00% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Granbury, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $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 | 219 | $85,025,000 | $388,242 | $0 | 0.00% |
| VA | 2 | $650,000 | $325,000 | $0 | 0.00% |
| USDA | 1 | $125,000 | $125,000 | $0 | 0.00% |
For 2022, Alliance Bank's most frequently originated type of loan was Conventional, with 219 originations. Their 2nd most popular type was VA, with 2 originations.
Loan Reason
For 2022, Alliance Bank's most frequently cited loan purpose was Home Purchase, with 144 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 | 222 | $85,800,000 | $386,486 | $0 | 0.00% |
For 2022, Alliance Bank's most frequently cited loan duration was Other, with 222 originations.
Loan Sizing
2022 saw Alliance Bank place emphasis on $200k-400k loans with 69 originations, totaling $19,595,000 in origination value.
Applicant Income
Alliance Bank lent most frequently to those with incomes in the $250k+ range, with 40 originations. The second most popular income band? $100k-150k, with 39 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 222 | $85,800,000 | $386,486 | $0 | 0.00% |
Alliance Bank lent most frequently to those with DTI ratios of Exempt%, with 222 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.87%
Alliance Bank has a below average approval rate.
Pick Rate
Approvals leading to origination31.98%
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 | 222 | $85,800,000 | $386,486 |