First National Bank Of North Arkansas Mortgage Rates, Fees & Info
Berryville, ARLEI: 5493000LJB0L73TDJT41
Tax ID: 71-0014514
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First National Bank Of North Arkansas is a smaller bank specializing in Home Purchase and Refi loans. First National Bank Of North Arkansas has a high proportion of conventional loans. Their top markets by origination volume include: Harrison, Fayetteville, Little Rock, Mountain Home, and Branson among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank Of North Arkansas has an above 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
171Origination Dollar Volume (All Markets)
$23,445,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 89 | $10,335,000 | $116,124 | $0 | 0.00% |
| Harrison, AR (FHA|USDA|VA) | 43 | $6,595,000 | $153,372 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 25 | $3,575,000 | $143,000 | $0 | 0.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 7 | $1,535,000 | $219,286 | $0 | 0.00% |
| Mountain Home, AR (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 171 | $23,445,000 | $137,105 | $0 | 0.00% |
For 2024, First National Bank Of North Arkansas's most frequently originated type of loan was Conventional, with 171 originations.
Loan Reason
For 2024, First National Bank Of North Arkansas's most frequently cited loan purpose was Home Purchase, with 79 originations. The 2nd most popular reason was Refi, with 52 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 171 | $23,445,000 | $137,105 | $0 | 0.00% |
For 2024, First National Bank Of North Arkansas's most frequently cited loan duration was Other, with 171 originations.
Loan Sizing
2024 saw First National Bank Of North Arkansas place emphasis on $100,000 or less loans with 92 originations, totaling $4,690,000 in origination value.
Applicant Income
First National Bank Of North Arkansas lent most frequently to those with incomes in the $50k or less range, with 36 originations. The second most popular income band? $100k-150k, with 32 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 171 | $23,445,000 | $137,105 | $0 | 0.00% |
First National Bank Of North Arkansas lent most frequently to those with DTI ratios of Exempt%, with 171 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.99%
First National Bank Of North Arkansas has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination85.38%
First National Bank Of North Arkansas has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 171 | $23,445,000 | $137,105 |