Frontier State Bank Mortgage Rates, Fees & Info

Oklahoma City, OK

LEI: 5493000W1FD1FMQ03060

Tax ID: 73-0972908

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

    Frontier State Bank is a smaller bank specializing in Home Purchase loans. Frontier State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Oklahoma City, Colorado Springs, and Shawnee among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Frontier State Bank 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.

    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

    30

    Origination Dollar Volume (All Markets)

    $5,920,000

    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
    OKLAHOMA CITY, OK (FHA|USDA|VA) 26 $4,320,000 $166,154 $0 0.00%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $1,055,000 $1,055,000 $0 0.00%
    Shawnee, OK (FHA|USDA|VA) 2 $300,000 $150,000 $0 0.00%
    Outside of Metro Areas 1 $245,000 $245,000 $0 0.00%
    Frontier State Bank's top markets include Oklahoma City, Colorado Springs, and Shawnee among others.

    Their top states include:
  • Oklahoma (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 30 $5,920,000 $197,333 $0 0.00%

    For 2024, Frontier State Bank's most frequently originated type of loan was Conventional, with 30 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 27 $5,585,000 $206,852 $0 0.00%
    Refi 3 $335,000 $111,667 $0 0.00%

    For 2024, Frontier State Bank's most frequently cited loan purpose was Home Purchase, with 27 originations. The 2nd most popular reason was Refi, with 3 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 30 $5,920,000 $197,333 $0 0.00%

    For 2024, Frontier State Bank's most frequently cited loan duration was Other, with 30 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 15 $2,295,000 $153,000 $0 0.00%
    $200k-400k 8 $1,800,000 $225,000 $0 0.00%
    $100,000 or less 5 $355,000 $71,000 $0 0.00%
    $1MM+ 1 $1,055,000 $1,055,000 $0 0.00%
    $400k-600k 1 $415,000 $415,000 $0 0.00%

    2024 saw Frontier State Bank place emphasis on $100k-200k loans with 15 originations, totaling $2,295,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 2 $180,000 $90,000 $0 0.00%
    $100k-150k 1 $85,000 $85,000 $0 0.00%
    $150k-250k 1 $1,055,000 $1,055,000 $0 0.00%
    $250k+ 1 $205,000 $205,000 $0 0.00%
    $50k or less 1 $65,000 $65,000 $0 0.00%

    Frontier State Bank lent most frequently to those with incomes in the $75k-100k range, with 2 originations. The second most popular income band? $100k-150k, with 1 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 30 $5,920,000 $197,333 $0 0.00%

    Frontier State Bank lent most frequently to those with DTI ratios of Exempt%, with 30 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 24 $4,330,000 $180,417 $0 0.00%
    White 4 $1,300,000 $325,000 $0 0.00%
    Other Asian 1 $205,000 $205,000 $0 0.00%
    Native Hawaiian or Islander 1 $85,000 $85,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.59%

    Frontier State Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.33%

    Frontier State Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 30 $5,920,000 $197,333

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    30 $5,920,000 $197,333