Tbk Bank Ssb Mortgage Rates, Fees & Info

Dallas, TX

LEI: 5493000B61DDZ2PG1515

Tax ID: 75-1745500

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Mortgage Data

Review & Overview

Tbk Bank Ssb is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Tbk Bank Ssb has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Durango, Athens, Davenport, and Denver among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

Tbk Bank Ssb 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

63

Origination Dollar Volume (All Markets)

$31,365,000

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
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 9 $11,405,000 $1,267,222 $0 0.00%
Outside of Metro Areas 16 $4,740,000 $296,250 $0 0.00%
Durango, CO (FHA|USDA|VA) 10 $4,460,000 $446,000 $0 0.00%
Athens, TX (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $0 0.00%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 13 $1,835,000 $141,154 $0 0.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $1,430,000 $715,000 $0 0.00%
GREELEY, CO (FHA|USDA|VA) 2 $1,220,000 $610,000 $0 0.00%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $1,185,000 $1,185,000 $0 0.00%
TYLER, TX (FHA|USDA|VA) 1 $685,000 $685,000 $0 0.00%
JACKSON, MI (FHA|USDA|VA) 1 $445,000 $445,000 $0 0.00%
Fort Morgan, CO (FHA|USDA|VA) 2 $320,000 $160,000 $0 0.00%
PUEBLO, CO (FHA|USDA|VA) 1 $275,000 $275,000 $0 0.00%
Sterling, IL (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
Clinton, IA (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
PEORIA, IL (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
Macomb, IL (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
Tbk Bank Ssb's top markets include Dallas, Durango, Athens, Davenport, and Denver among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 63 $31,365,000 $497,857 $0 0.00%

    For 2023, Tbk Bank Ssb's most frequently originated type of loan was Conventional, with 63 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 41 $17,455,000 $425,732 $0 0.00%
    Cash Out Refi 15 $9,125,000 $608,333 $0 0.00%
    Refi 6 $4,760,000 $793,333 $0 0.00%
    Home Improvement 1 $25,000 $25,000 $0 0.00%

    For 2023, Tbk Bank Ssb's most frequently cited loan purpose was Home Purchase, with 41 originations. The 2nd most popular reason was Cash Out Refi, with 15 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 63 $31,365,000 $497,857 $0 0.00%

    For 2023, Tbk Bank Ssb's most frequently cited loan duration was Other, with 63 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 16 $1,020,000 $63,750 $0 0.00%
    $100k-200k 13 $1,725,000 $132,692 $0 0.00%
    $200k-400k 13 $3,485,000 $268,077 $0 0.00%
    $1MM+ 9 $17,765,000 $1,973,889 $0 0.00%
    $600k-1MM 7 $4,935,000 $705,000 $0 0.00%
    $400k-600k 5 $2,435,000 $487,000 $0 0.00%

    2023 saw Tbk Bank Ssb place emphasis on $100,000 or less loans with 16 originations, totaling $1,020,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 14 $20,930,000 $1,495,000 $0 0.00%
    $100k-150k 12 $2,370,000 $197,500 $0 0.00%
    $150k-250k 8 $3,440,000 $430,000 $0 0.00%
    $50k-75k 7 $985,000 $140,714 $0 0.00%
    $50k or less 5 $365,000 $73,000 $0 0.00%
    $75k-100k 5 $655,000 $131,000 $0 0.00%

    Tbk Bank Ssb lent most frequently to those with incomes in the $250k+ range, with 14 originations. The second most popular income band? $100k-150k, with 12 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 63 $31,365,000 $497,857 $0 0.00%

    Tbk Bank Ssb lent most frequently to those with DTI ratios of Exempt%, with 63 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 41 $24,065,000 $586,951 $0 0.00%
    Asian Indian 2 $2,470,000 $1,235,000 $0 0.00%
    Not applicable 10 $2,070,000 $207,000 $0 0.00%
    Asian 3 $1,425,000 $475,000 $0 0.00%
    Not provided 6 $1,250,000 $208,333 $0 0.00%
    Black 1 $85,000 $85,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    71.77%

    Tbk Bank Ssb has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    65.08%

    Tbk Bank Ssb 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 63 $31,365,000 $497,857

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    63 $31,365,000 $497,857