Ark-la-tex Financial Services . Mortgage Rates, Fees & Info

AUSTIN, TX

LEI: 5493001GDRY0EL7VG372

Tax ID: 75-2838184

2020 Data | 2019 Data | 2018 Data


Overview

Ark-la-tex Financial Services . is a large mortgage company specializing in Home Purchase, Cash Out Refi, and Refi loans. Ark-la-tex Financial Services . has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Houston, Dallas, San Diego, Austin, and Anaheim among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Ark-la-tex Financial Services . is typically an average fee lendor.


Originations

28,263

Origination Dollar Volume (All Markets)

$7,833,495,000

Relative Rate

Ark-la-tex Financial Services .'s average 30 year fixed rate mortgage was 3.29%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of -0.07%.

Relative Fees

Ark-la-tex Financial Services .'s average total fees for a 30 year fixed rate mortgage are $4,850.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 18,109 $5,047,175,000 $278,711 $4,001 3.27%
VA 5,266 $1,693,270,000 $321,548 $5,689 3.01%
FHA 4,374 $1,009,450,000 $230,784 $6,697 3.39%
USDA 514 $83,600,000 $162,646 $3,904 3.45%

For the 2020 period, Ark-la-tex Financial Services .'s most frequently originated loan type was Conventional, with 18,109 originations. Their 2nd most popular type is VA, with 5,266 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 15,742 $4,107,750,000 $260,942 $5,011 3.30%
Cash Out Refi 6,557 $1,949,255,000 $297,278 $4,598 3.18%
Refi 5,933 $1,768,385,000 $298,059 $4,143 3.17%
Home Improvement 31 $8,105,000 $261,452 $5,794 3.20%

For the 2020, Ark-la-tex Financial Services .'s most frequently cited loan purpose was Home Purchase, with 15,742 originations. The 2nd most popular reason was Cash Out Refi, with 6,557 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 24,949 $7,068,085,000 $283,301 $4,850 3.28%
15 Year 1,948 $456,650,000 $234,420 $3,927 2.89%
20 Year 715 $181,115,000 $253,308 $4,007 3.17%
Other 385 $106,135,000 $275,675 $4,571 3.17%
10 Year 259 $18,415,000 $71,100 $1,323 2.50%
30+ year 6 $3,090,000 $515,000 $20,931 3.52%
5 Year 1 $5,000 $5,000 $0 0.00%

For the 2020, Ark-la-tex Financial Services .'s most frequently cited loan length was 30 Year, with 24,949 originations. The 2nd most popular length was 15 Year, with 1,948 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 12,765 $3,396,815,000 $266,104
$1k-2k 8,100 $2,236,660,000 $276,131
$2k-3k 2,984 $726,930,000 $243,609
$3k-4k 2,833 $816,205,000 $288,106
$5k+ 1,487 $637,405,000 $428,652

$4,850 was Ark-la-tex Financial Services .'s average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 12,765 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 2,548 $544,270,000 $213,607 $4,064 3.34%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 2,130 $543,860,000 $255,333 $4,682 3.27%
DALLAS-PLANO-IRVING, TX 1,274 $392,810,000 $308,328 $5,421 3.21%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 772 $367,660,000 $476,244 $6,271 3.09%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 1,111 $337,005,000 $303,335 $5,142 3.24%
ANAHEIM-SANTA ANA-IRVINE, CA 623 $327,445,000 $525,594 $5,057 3.27%
COLORADO SPRINGS, CO 812 $265,470,000 $326,933 $5,019 3.20%
LOS ANGELES-LONG BEACH-GLENDALE, CA 537 $259,445,000 $483,138 $7,321 3.25%
LEXINGTON-FAYETTE, KY 1,114 $252,270,000 $226,454 $3,121 3.39%
PHOENIX-MESA-CHANDLER, AZ 838 $243,500,000 $290,573 $4,782 3.26%
CHARLESTON-NORTH CHARLESTON, SC 704 $212,520,000 $301,875 $3,902 3.17%
OMAHA-COUNCIL BLUFFS, NE-IA 855 $197,325,000 $230,789 $3,223 3.18%
SAN ANTONIO-NEW BRAUNFELS, TX 629 $171,065,000 $271,963 $5,678 3.18%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 485 $168,795,000 $348,031 $5,856 3.23%
GRAND RAPIDS-KENTWOOD, MI 698 $157,550,000 $225,716 $4,015 3.31%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 508 $137,870,000 $271,398 $6,060 3.29%
LUBBOCK, TX 664 $137,710,000 $207,395 $4,287 3.29%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 534 $123,350,000 $230,993 $3,305 3.32%
MIDLAND, TX 411 $120,485,000 $293,151 $5,123 3.47%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 275 $115,455,000 $419,836 $5,330 3.14%
RALEIGH-CARY, NC 365 $110,225,000 $301,986 $4,412 3.15%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 340 $95,470,000 $280,794 $4,186 3.20%
NEW BRUNSWICK-LAKEWOOD, NJ 276 $86,800,000 $314,493 $4,401 3.20%
SPARTANBURG, SC 489 $85,605,000 $175,061 $4,872 3.22%
COLUMBUS, GA-AL 327 $74,245,000 $227,049 $4,354 3.23%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 227 $66,655,000 $293,634 $8,135 3.11%
FRESNO, CA 252 $64,790,000 $257,103 $4,941 3.04%
SCRANTON--WILKES-BARRE, PA 382 $62,450,000 $163,482 $3,987 3.36%
TOLEDO, OH 355 $61,625,000 $173,592 $3,118 3.30%
BOISE CITY, ID 187 $57,765,000 $308,904 $7,708 3.20%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 203 $57,365,000 $282,586 $4,361 3.06%
GREENSBORO-HIGH POINT, NC 244 $56,800,000 $232,787 $5,060 3.24%
NAPA, CA 114 $54,400,000 $477,193 $5,648 3.17%
BALTIMORE-COLUMBIA-TOWSON, MD 176 $53,930,000 $306,420 $7,003 3.04%
KINGSPORT-BRISTOL, TN-VA 240 $49,330,000 $205,542 $3,117 3.43%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 90 $49,250,000 $547,222 $5,002 3.34%
NEWARK, NJ-PA 153 $46,185,000 $301,863 $4,727 3.38%
SANTA FE, NM 133 $44,995,000 $338,308 $5,412 3.01%
CHICAGO-NAPERVILLE-EVANSTON, IL 151 $42,945,000 $284,404 $3,708 3.27%
CHATTANOOGA, TN-GA 186 $41,670,000 $224,032 $3,100 3.32%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 169 $40,155,000 $237,604 $4,744 3.31%
GREENVILLE-ANDERSON, SC 202 $39,830,000 $197,178 $4,022 3.19%
JOHNSON CITY, TN 160 $39,690,000 $248,063 $3,959 3.33%
OXNARD-THOUSAND OAKS-VENTURA, CA 85 $37,065,000 $436,059 $5,806 3.30%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 136 $36,720,000 $270,000 $4,561 2.71%
DENVER-AURORA-LAKEWOOD, CO 91 $34,945,000 $384,011 $6,083 3.14%
BISMARCK, ND 130 $34,540,000 $265,692 $4,792 3.28%
ODESSA, TX 140 $32,520,000 $232,286 $6,213 3.45%
HOT SPRINGS, AR 172 $31,980,000 $185,930 $3,361 3.30%
OAKLAND-BERKELEY-LIVERMORE, CA 71 $30,905,000 $435,282 $5,682 3.22%
ST. LOUIS, MO-IL 175 $30,115,000 $172,086 $3,767 3.02%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 115 $29,165,000 $253,609 $4,845 3.16%
MILWAUKEE-WAUKESHA, WI 134 $29,110,000 $217,239 $3,550 3.28%
BIRMINGHAM-HOOVER, AL 128 $28,590,000 $223,359 $5,214 3.34%
HILTON HEAD ISLAND-BLUFFTON, SC 103 $27,485,000 $266,845 $4,469 3.13%
LAS VEGAS-HENDERSON-PARADISE, NV 86 $26,380,000 $306,744 $6,191 3.23%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 90 $24,030,000 $267,000 $6,470 3.12%
MIAMI-MIAMI BEACH-KENDALL, FL 70 $21,840,000 $312,000 $7,003 3.30%
EL CENTRO, CA 85 $19,705,000 $231,824 $4,905 3.51%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 63 $18,995,000 $301,508 $7,089 2.98%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 44 $18,920,000 $430,000 $8,430 3.25%
AUBURN-OPELIKA, AL 79 $18,365,000 $232,468 $4,245 3.05%
BURLINGTON-SOUTH BURLINGTON, VT 63 $18,225,000 $289,286 $5,177 3.17%
WICHITA, KS 97 $17,465,000 $180,052 $4,229 3.44%
WACO, TX 78 $17,200,000 $220,513 $4,511 3.38%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 49 $16,955,000 $346,020 $5,771 3.14%
ORLANDO-KISSIMMEE-SANFORD, FL 66 $16,710,000 $253,182 $5,621 3.12%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 66 $16,390,000 $248,333 $5,015 3.09%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 52 $15,170,000 $291,731 $5,688 3.22%
EL PASO, TX 66 $14,840,000 $224,848 $6,055 2.97%
TRENTON-PRINCETON, NJ 46 $14,180,000 $308,261 $4,993 3.21%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 24 $13,950,000 $581,250 $5,589 3.32%
FARGO, ND-MN 52 $13,260,000 $255,000 $4,411 3.25%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 35 $12,845,000 $367,000 $6,601 3.07%
DURHAM-CHAPEL HILL, NC 47 $12,005,000 $255,426 $4,651 3.11%
KILLEEN-TEMPLE, TX 51 $11,295,000 $221,471 $4,983 3.10%
BAKERSFIELD, CA 43 $11,085,000 $257,791 $4,819 3.08%
TUCSON, AZ 42 $10,960,000 $260,952 $4,373 3.15%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 39 $10,845,000 $278,077 $3,351 3.42%
MEDFORD, OR 43 $10,715,000 $249,186 $4,229 3.43%
VALLEJO, CA 32 $10,550,000 $329,688 $6,278 3.13%
WINSTON-SALEM, NC 53 $10,495,000 $198,019 $4,700 3.27%
WARREN-TROY-FARMINGTON HILLS, MI 40 $10,400,000 $260,000 $3,648 3.21%
STOCKTON, CA 39 $10,055,000 $257,821 $4,452 2.91%
OCEAN CITY, NJ 41 $10,055,000 $245,244 $7,140 3.49%
GRAND FORKS, ND-MN 46 $9,900,000 $215,217 $4,224 3.21%
PALM BAY-MELBOURNE-TITUSVILLE, FL 39 $9,735,000 $249,615 $4,930 3.14%
JACKSONVILLE, FL 31 $9,545,000 $307,903 $5,190 2.88%
CLEVELAND-ELYRIA, OH 44 $9,370,000 $212,955 $5,577 3.19%
CINCINNATI, OH-KY-IN 36 $9,030,000 $250,833 $4,234 3.17%
KNOXVILLE, TN 36 $8,720,000 $242,222 $4,145 3.46%
COLLEGE STATION-BRYAN, TX 39 $8,345,000 $213,974 $3,326 3.11%
ATLANTIC CITY-HAMMONTON, NJ 38 $8,210,000 $216,053 $5,294 3.46%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 26 $8,180,000 $314,615 $5,052 3.13%
CAPE CORAL-FORT MYERS, FL 30 $8,050,000 $268,333 $3,948 3.13%
RACINE, WI 49 $8,015,000 $163,571 $2,768 3.27%
NORTH PORT-SARASOTA-BRADENTON, FL 26 $8,000,000 $307,692 $5,570 2.97%
SEATTLE-BELLEVUE-KENT, WA 18 $7,820,000 $434,444 $7,224 3.00%
PITTSBURGH, PA 30 $7,560,000 $252,000 $5,731 3.05%
SALISBURY, MD-DE 30 $7,500,000 $250,000 $4,711 3.20%
OKLAHOMA CITY, OK 27 $7,425,000 $275,000 $4,675 3.03%
MUSKEGON, MI 40 $7,370,000 $184,250 $3,818 3.36%
COLUMBIA, SC 30 $7,210,000 $240,333 $4,656 3.15%
MONROE, MI 32 $7,110,000 $222,188 $3,279 3.13%
KANSAS CITY, MO-KS 32 $7,110,000 $222,188 $4,101 3.11%
BEAUMONT-PORT ARTHUR, TX 28 $6,960,000 $248,571 $5,456 3.26%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 24 $6,950,000 $289,583 $4,389 2.88%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 19 $6,875,000 $361,842 $7,289 3.41%
PUEBLO, CO 26 $6,720,000 $258,462 $4,424 3.29%
FAYETTEVILLE, NC 30 $6,500,000 $216,667 $4,014 3.20%
CAMDEN, NJ 27 $6,425,000 $237,963 $5,578 3.27%
TACOMA-LAKEWOOD, WA 17 $6,335,000 $372,647 $7,579 2.79%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 28 $6,330,000 $226,071 $6,149 3.15%
SANTA ROSA-PETALUMA, CA 15 $6,225,000 $415,000 $6,413 3.24%
PHILADELPHIA, PA 23 $5,945,000 $258,478 $8,186 3.14%
CLARKSVILLE, TN-KY 19 $5,545,000 $291,842 $4,462 3.14%
NEW HAVEN-MILFORD, CT 27 $5,455,000 $202,037 $5,794 3.53%
INDIANAPOLIS-CARMEL-ANDERSON, IN 24 $5,240,000 $218,333 $3,402 3.15%
SAN LUIS OBISPO-PASO ROBLES, CA 13 $5,185,000 $398,846 $4,889 2.99%
SANTA CRUZ-WATSONVILLE, CA 11 $5,165,000 $469,545 $4,960 2.91%
SANTA MARIA-SANTA BARBARA, CA 14 $5,110,000 $365,000 $6,859 3.40%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 24 $5,090,000 $212,083 $6,401 3.56%
PENSACOLA-FERRY PASS-BRENT, FL 18 $5,000,000 $277,778 $5,059 2.93%
MODESTO, CA 14 $4,890,000 $349,286 $4,645 3.20%
ELGIN, IL 21 $4,885,000 $232,619 $3,004 3.06%
NAPLES-MARCO ISLAND, FL 18 $4,690,000 $260,556 $4,687 2.95%
LANSING-EAST LANSING, MI 21 $4,665,000 $222,143 $3,554 3.22%
BOSTON, MA 15 $4,615,000 $307,667 $6,838 3.60%
LAKELAND-WINTER HAVEN, FL 19 $4,465,000 $235,000 $5,763 3.09%
CORPUS CHRISTI, TX 17 $4,325,000 $254,412 $5,912 3.13%
MORRISTOWN, TN 17 $4,305,000 $253,235 $4,738 3.18%
PORT ST. LUCIE, FL 19 $4,285,000 $225,526 $5,400 3.10%
AMARILLO, TX 15 $4,255,000 $283,667 $7,854 3.06%
GREELEY, CO 11 $4,205,000 $382,273 $7,185 3.20%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 21 $4,105,000 $195,476 $4,892 3.37%
YORK-HANOVER, PA 22 $4,090,000 $185,909 $4,212 3.24%
RICHMOND, VA 16 $4,080,000 $255,000 $5,185 3.35%
WINCHESTER, VA-WV 17 $3,985,000 $234,412 $5,011 3.28%
SHERMAN-DENISON, TX 17 $3,935,000 $231,471 $4,954 3.28%
SALT LAKE CITY, UT 11 $3,785,000 $344,091 $3,008 3.11%
AKRON, OH 19 $3,715,000 $195,526 $5,249 3.37%
KALAMAZOO-PORTAGE, MI 16 $3,690,000 $230,625 $4,350 3.26%
SAN ANGELO, TX 15 $3,645,000 $243,000 $3,604 3.09%
MADISON, WI 14 $3,600,000 $257,143 $2,645 3.15%
BRIDGEPORT-STAMFORD-NORWALK, CT 13 $3,435,000 $264,231 $6,490 3.33%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 10 $3,400,000 $340,000 $5,966 2.72%
SALINAS, CA 7 $3,325,000 $475,000 $5,335 2.98%
MADERA, CA 14 $3,290,000 $235,000 $4,891 2.76%
NILES, MI 14 $3,260,000 $232,857 $3,941 3.26%
PANAMA CITY, FL 12 $3,140,000 $261,667 $9,071 2.90%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 13 $3,135,000 $241,154 $4,504 3.23%
WICHITA FALLS, TX 16 $3,100,000 $193,750 $5,863 2.98%
RENO, NV 12 $3,090,000 $257,500 $3,106 2.85%
WILMINGTON, DE-MD-NJ 10 $2,990,000 $299,000 $4,255 3.13%
PRESCOTT VALLEY-PRESCOTT, AZ 12 $2,960,000 $246,667 $3,310 2.92%
DETROIT-DEARBORN-LIVONIA, MI 14 $2,940,000 $210,000 $3,788 3.06%
COLUMBUS, OH 12 $2,880,000 $240,000 $4,022 2.90%
FLAGSTAFF, AZ 8 $2,830,000 $353,750 $3,797 3.08%
SIOUX FALLS, SD 12 $2,650,000 $220,833 $3,877 2.96%
BOULDER, CO 6 $2,560,000 $426,667 $6,189 3.18%
COEUR D'ALENE, ID 4 $2,420,000 $605,000 $2,861 3.19%
SAN RAFAEL, CA 4 $2,420,000 $605,000 $8,114 3.03%
CALIFORNIA-LEXINGTON PARK, MD 7 $2,365,000 $337,857 $5,076 2.68%
OLYMPIA-LACEY-TUMWATER, WA 6 $2,330,000 $388,333 $6,573 2.63%
SPRINGFIELD, MA 8 $2,310,000 $288,750 $5,389 3.25%
SOUTH BEND-MISHAWAKA, IN-MI 10 $2,220,000 $222,000 $5,326 3.24%
PUNTA GORDA, FL 9 $2,195,000 $243,889 $4,270 3.37%
LINCOLN, NE 10 $2,150,000 $215,000 $3,865 3.01%
SAVANNAH, GA 8 $2,130,000 $266,250 $5,487 3.17%
WORCESTER, MA-CT 10 $2,080,000 $208,000 $4,870 3.17%
ST. GEORGE, UT 6 $2,000,000 $333,333 $5,161 3.50%
LAKE HAVASU CITY-KINGMAN, AZ 7 $1,995,000 $285,000 $3,989 3.00%
WILMINGTON, NC 10 $1,970,000 $197,000 $4,132 3.33%
SPRINGFIELD, MO 9 $1,955,000 $217,222 $1,743 3.11%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 7 $1,955,000 $279,286 $2,711 3.59%
ABILENE, TX 8 $1,940,000 $242,500 $3,496 2.97%
MERCED, CA 9 $1,875,000 $208,333 $3,649 2.58%
FLINT, MI 9 $1,805,000 $200,556 $4,850 3.21%
GARY, IN 8 $1,800,000 $225,000 $2,775 3.47%
OGDEN-CLEARFIELD, UT 6 $1,730,000 $288,333 $3,678 3.50%
JACKSONVILLE, NC 8 $1,720,000 $215,000 $4,790 3.30%
CLEVELAND, TN 7 $1,615,000 $230,714 $3,434 3.10%
PROVIDENCE-WARWICK, RI-MA 7 $1,605,000 $229,286 $5,959 3.64%
JEFFERSON CITY, MO 10 $1,550,000 $155,000 $2,400 3.16%
STAUNTON, VA 7 $1,545,000 $220,714 $4,199 3.23%
TYLER, TX 6 $1,510,000 $251,667 $8,340 3.75%
SALEM, OR 5 $1,485,000 $297,000 $5,461 3.15%
LAS CRUCES, NM 7 $1,465,000 $209,286 $4,842 3.05%
MEMPHIS, TN-MS-AR 5 $1,445,000 $289,000 $3,580 3.07%
MCALLEN-EDINBURG-MISSION, TX 8 $1,440,000 $180,000 $5,739 3.28%
AUGUSTA-RICHMOND COUNTY, GA-SC 5 $1,425,000 $285,000 $3,738 2.73%
ROANOKE, VA 6 $1,410,000 $235,000 $5,073 2.89%
HUNTINGTON-ASHLAND, WV-KY-OH 9 $1,375,000 $152,778 $3,391 3.29%
BURLINGTON, NC 7 $1,375,000 $196,429 $5,670 3.16%
FORT COLLINS, CO 4 $1,330,000 $332,500 $3,394 3.22%
MONTGOMERY, AL 6 $1,320,000 $220,000 $6,061 3.44%
HUNTSVILLE, AL 4 $1,320,000 $330,000 $3,471 2.69%
ATHENS-CLARKE COUNTY, GA 5 $1,295,000 $259,000 $1,616 3.17%
MOUNT VERNON-ANACORTES, WA 3 $1,265,000 $421,667 $6,481 2.96%
NEW ORLEANS-METAIRIE, LA 4 $1,260,000 $315,000 $3,551 3.69%
OCALA, FL 6 $1,250,000 $208,333 $3,799 2.90%
TULSA, OK 5 $1,235,000 $247,000 $5,206 2.93%
LONGVIEW, TX 5 $1,195,000 $239,000 $6,294 3.22%
ELIZABETHTOWN-FORT KNOX, KY 7 $1,185,000 $169,286 $4,219 3.16%
BATON ROUGE, LA 5 $1,175,000 $235,000 $4,860 2.75%
LYNCHBURG, VA 4 $1,170,000 $292,500 $4,390 3.03%
TALLAHASSEE, FL 4 $1,170,000 $292,500 $4,225 3.09%
ALBUQUERQUE, NM 5 $1,155,000 $231,000 $4,231 3.18%
ANN ARBOR, MI 4 $1,150,000 $287,500 $3,830 3.22%
SEBRING-AVON PARK, FL 6 $1,100,000 $183,333 $3,995 3.27%
DALTON, GA 6 $1,070,000 $178,333 $2,893 2.98%
BARNSTABLE TOWN, MA 4 $1,030,000 $257,500 $4,736 3.34%
EAST STROUDSBURG, PA 5 $1,005,000 $201,000 $6,664 3.38%
YUMA, AZ 3 $1,005,000 $335,000 $2,196 2.79%
HOMOSASSA SPRINGS, FL 5 $975,000 $195,000 $3,389 2.77%
EUGENE-SPRINGFIELD, OR 3 $965,000 $321,667 $4,627 2.75%
SIERRA VISTA-DOUGLAS, AZ 4 $960,000 $240,000 $2,785 2.66%
ASHEVILLE, NC 3 $935,000 $311,667 $4,647 2.79%
BATTLE CREEK, MI 3 $935,000 $311,667 $5,056 3.04%
DULUTH, MN-WI 3 $895,000 $298,333 $5,609 2.88%
VISALIA, CA 5 $895,000 $179,000 $4,889 3.47%
LAFAYETTE-WEST LAFAYETTE, IN 5 $875,000 $175,000 $2,554 3.08%
DES MOINES-WEST DES MOINES, IA 4 $870,000 $217,500 $2,615 3.34%
JONESBORO, AR 4 $860,000 $215,000 $6,222 3.28%
FLORENCE, SC 3 $845,000 $281,667 $4,818 3.25%
DOVER, DE 3 $835,000 $278,333 $4,070 3.25%
CHARLOTTESVILLE, VA 3 $795,000 $265,000 $2,787 3.38%
GETTYSBURG, PA 4 $770,000 $192,500 $4,456 3.19%
BROWNSVILLE-HARLINGEN, TX 3 $755,000 $251,667 $4,892 2.75%
CARSON CITY, NV 3 $745,000 $248,333 $2,665 3.33%
ROME, GA 2 $740,000 $370,000 $4,305 3.56%
VINELAND-BRIDGETON, NJ 4 $730,000 $182,500 $6,327 3.22%
SUMTER, SC 4 $720,000 $180,000 $3,936 3.34%
APPLETON, WI 3 $715,000 $238,333 $4,006 3.41%
CAPE GIRARDEAU, MO-IL 4 $710,000 $177,500 $1,176 3.16%
GRANTS PASS, OR 3 $685,000 $228,333 $3,973 3.87%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 2 $660,000 $330,000 $13,482 3.13%
THE VILLAGES, FL 3 $655,000 $218,333 $3,665 2.63%
ALEXANDRIA, LA 3 $655,000 $218,333 $2,670 2.71%
HANFORD-CORCORAN, CA 3 $655,000 $218,333 $5,440 2.96%
DOTHAN, AL 2 $650,000 $325,000 $4,813 2.63%
SAGINAW, MI 4 $650,000 $162,500 $3,867 3.56%
FORT WAYNE, IN 4 $610,000 $152,500 $2,488 3.09%
LAFAYETTE, LA 4 $610,000 $152,500 $3,279 3.28%
BEND, OR 2 $560,000 $280,000 $5,908 3.56%
SEBASTIAN-VERO BEACH, FL 4 $550,000 $137,500 $3,705 3.31%
MANCHESTER-NASHUA, NH 1 $545,000 $545,000 $11,604 2.50%
COLUMBIA, MO 3 $535,000 $178,333 $1,162 2.79%
WARNER ROBINS, GA 3 $515,000 $171,667 $2,802 3.08%
PROVO-OREM, UT 2 $510,000 $255,000 $5,432 3.13%
TWIN FALLS, ID 2 $500,000 $250,000 $9,324 3.31%
CHICO, CA 2 $490,000 $245,000 $3,507 2.69%
NASSAU COUNTY-SUFFOLK COUNTY, NY 1 $485,000 $485,000 $5,617 3.75%
GOLDSBORO, NC 3 $465,000 $155,000 $2,070 3.50%
SPOKANE-SPOKANE VALLEY, WA 2 $450,000 $225,000 $2,388 2.63%
GREENVILLE, NC 2 $450,000 $225,000 $4,810 3.43%
DAPHNE-FAIRHOPE-FOLEY, AL 1 $445,000 $445,000 $3,612 3.38%
MACON-BIBB COUNTY, GA 2 $430,000 $215,000 $7,305 4.88%
EVANSVILLE, IN-KY 3 $425,000 $141,667 $1,934 3.08%
LA CROSSE-ONALASKA, WI-MN 1 $415,000 $415,000 $3,347 2.88%
FOND DU LAC, WI 2 $410,000 $205,000 $3,116 3.12%
MANHATTAN, KS 1 $405,000 $405,000 $3,263 2.63%
LONGVIEW, WA 1 $405,000 $405,000 $2,538 2.75%
TERRE HAUTE, IN 2 $390,000 $195,000 $2,331 3.12%
FORT SMITH, AR-OK 2 $390,000 $195,000 $2,646 2.88%
BLOOMINGTON, IN 2 $390,000 $195,000 $1,886 3.19%
ROCKFORD, IL 2 $380,000 $190,000 $5,297 3.13%
CUMBERLAND, MD-WV 2 $360,000 $180,000 $3,053 3.87%
LANCASTER, PA 2 $350,000 $175,000 $6,911 3.13%
JACKSON, MI 2 $340,000 $170,000 $4,185 3.06%
NORWICH-NEW LONDON, CT 2 $340,000 $170,000 $5,788 3.94%
BUFFALO-CHEEKTOWAGA, NY 1 $335,000 $335,000 $2,918 3.88%
HARRISBURG-CARLISLE, PA 2 $330,000 $165,000 $3,948 3.24%
ELKHART-GOSHEN, IN 1 $325,000 $325,000 $1,364 3.13%
OWENSBORO, KY 2 $320,000 $160,000 $2,347 3.69%
CHAMBERSBURG-WAYNESBORO, PA 1 $315,000 $315,000 $1,064 2.99%
HAGERSTOWN-MARTINSBURG, MD-WV 2 $310,000 $155,000 $4,357 3.38%
TUSCALOOSA, AL 2 $310,000 $155,000 $2,474 3.68%
YUBA CITY, CA 1 $305,000 $305,000 $7,411 2.25%
SPRINGFIELD, IL 1 $305,000 $305,000 $6,235 2.49%
BELLINGHAM, WA 1 $305,000 $305,000 $6,451 2.50%
JACKSON, TN 1 $285,000 $285,000 $2,909 2.50%
TOPEKA, KS 2 $270,000 $135,000 $5,622 3.69%
KENNEWICK-RICHLAND, WA 1 $265,000 $265,000 $2,652 2.50%
LAKE CHARLES, LA 1 $255,000 $255,000 $4,205 2.25%
BOWLING GREEN, KY 1 $245,000 $245,000 $440 3.49%
ST. CLOUD, MN 1 $245,000 $245,000 $2,797 3.13%
BLOOMSBURG-BERWICK, PA 2 $240,000 $120,000 $2,379 3.38%
JANESVILLE-BELOIT, WI 1 $225,000 $225,000 $5,377 3.49%
ALBANY, GA 1 $215,000 $215,000 $3,954 3.13%
CANTON-MASSILLON, OH 1 $215,000 $215,000 $2,403 2.63%
MICHIGAN CITY-LA PORTE, IN 1 $215,000 $215,000 $3,325 2.88%
WAUSAU-WESTON, WI 1 $205,000 $205,000 $1,925 3.13%
ROCHESTER, MN 1 $205,000 $205,000 $7,982 3.49%
HAMMOND, LA 1 $205,000 $205,000 $2,749 2.75%
HARRISONBURG, VA 1 $195,000 $195,000 $7,145 3.13%
CASPER, WY 1 $195,000 $195,000 $4,172 3.25%
SHREVEPORT-BOSSIER CITY, LA 1 $195,000 $195,000 $1,312 3.38%
ROCKY MOUNT, NC 1 $195,000 $195,000 $2,071 3.13%
GAINESVILLE, GA 1 $185,000 $185,000 $3,484 2.63%
LOGAN, UT-ID 1 $175,000 $175,000 $5,272 2.63%
ENID, OK 1 $175,000 $175,000 $3,864 2.88%
JOPLIN, MO 1 $175,000 $175,000 $3,633 2.25%
VALDOSTA, GA 1 $165,000 $165,000 $3,655 3.00%
HICKORY-LENOIR-MORGANTON, NC 1 $165,000 $165,000 $5,735 3.13%
STATE COLLEGE, PA 1 $165,000 $165,000 $4,812 3.13%
BAY CITY, MI 1 $155,000 $155,000 $3,774 3.12%
MOBILE, AL 1 $145,000 $145,000 $847 4.25%
DAYTON-KETTERING, OH 1 $145,000 $145,000 $3,550 2.63%
PEORIA, IL 1 $125,000 $125,000 $430 3.13%
LAWTON, OK 1 $125,000 $125,000 $2,569 2.75%
READING, PA 1 $115,000 $115,000 $3,658 4.13%
GAINESVILLE, FL 1 $105,000 $105,000 $4,539 2.88%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 1 $95,000 $95,000 $2,290 3.63%
PINE BLUFF, AR 1 $95,000 $95,000 $2,711 3.00%
OSHKOSH-NEENAH, WI 1 $65,000 $65,000 $1,750 3.49%

Ark-la-tex Financial Services .'s top markets include Houston, Dallas, San Diego, Austin, and Anaheim among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 15,260 $4,099,440,000 $268,640
2.5-3% 9,681 $2,886,685,000 $298,180
4-5% 1,602 $369,470,000 $230,630
<2.5% 1,544 $448,160,000 $290,259
5-6% 171 $29,145,000 $170,439
6-7% 5 $595,000 $119,000

During 2020, Ark-la-tex Financial Services .'s average interest rate was 3.29%, while their most frequently originated rate bucket was 3-4%, with 15,260 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 14,544 $4,077,100,000 $280,329 $4,947 3.21%
$100k-200k 7,654 $1,204,330,000 $157,346 $3,659 3.36%
$400k-600k 3,840 $1,819,360,000 $473,792 $5,887 3.15%
$100,000 or less 1,348 $86,180,000 $63,932 $2,336 3.16%
$600k-1MM 819 $573,815,000 $700,629 $8,509 3.22%
$1MM+ 58 $72,710,000 $1,253,621 $17,083 3.16%

2020 saw Ark-la-tex Financial Services . place emphasis on $200k-400k loans with 14,544 originations, totaling $4,077,100,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 6,173 $1,292,195,000 $209,330 $4,486 3.31%
$100k-150k 6,065 $1,899,885,000 $313,254 $5,101 3.26%
$50k or less 5,246 $1,120,670,000 $213,624 $3,912 3.16%
$75k-100k 5,054 $1,304,680,000 $258,148 $4,918 3.28%
$150k-250k 3,767 $1,452,675,000 $385,632 $5,378 3.24%
$250k+ 1,299 $573,165,000 $441,236 $5,434 3.24%

Ark-la-tex Financial Services . lent most frequently to those with incomes in the $50k-75k range, with 6,173 originations. The second most popular income band? $100k-150k, with 6,065 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 5,407 $1,455,145,000 $269,122 $4,245 3.22%
30-36% 4,819 $1,309,915,000 $271,823 $4,484 3.25%
<20% 3,238 $900,300,000 $278,042 $3,829 3.04%
50-60% 1,420 $382,890,000 $269,641 $7,237 3.36%
44% 1,175 $319,565,000 $271,970 $4,824 3.39%
41% 1,017 $280,255,000 $275,570 $5,181 3.34%
42% 1,014 $282,930,000 $279,024 $4,878 3.30%
43% 985 $273,375,000 $277,538 $4,974 3.36%
40% 973 $263,235,000 $270,540 $4,738 3.30%
39% 961 $267,115,000 $277,955 $4,998 3.29%
36% 914 $249,750,000 $273,249 $4,619 3.33%
37% 906 $246,960,000 $272,583 $4,511 3.28%
38% 890 $245,800,000 $276,180 $4,732 3.29%
49% 823 $240,735,000 $292,509 $5,476 3.34%
45% 682 $193,520,000 $283,754 $5,182 3.32%
46% 671 $187,305,000 $279,143 $5,296 3.30%
48% 650 $184,710,000 $284,169 $5,226 3.31%
47% 632 $175,980,000 $278,449 $5,420 3.32%
>60% 84 $33,600,000 $400,000 $9,261 3.33%

Ark-la-tex Financial Services . lent most frequently to those with DTI ratios of 20-30%, with 5,407 originations. The next most common DTI ratio? 30-36%, with 4,819 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 20,783 $5,672,095,000 $272,920 $4,630 3.24%
Not provided 4,681 $1,379,945,000 $294,797 $4,980 3.24%
Black 1,694 $431,700,000 $254,841 $5,225 3.26%
Asian 861 $278,715,000 $323,711 $4,652 3.19%
American Indian 175 $48,585,000 $277,629 $5,858 3.33%
Native Hawaiian 55 $18,055,000 $328,273 $5,506 3.21%
Asian Indian 4 $2,050,000 $512,500 $4,502 3.53%
Other Pacific Islander 3 $545,000 $181,667 $6,111 3.29%
Chinese 2 $470,000 $235,000 $1,941 2.93%
Other Asian 2 $450,000 $225,000 $2,769 2.93%
Korean 1 $445,000 $445,000 $6,386 3.75%
Vietnamese 1 $255,000 $255,000 $4,002 2.63%
Filipino 1 $185,000 $185,000 $525 2.88%

Approval Rates

Total approvals of all applications
91.92%

Ark-la-tex Financial Services . has an average approval rate.

Pick Rate

Approvals leading to origination
77.36%

Ark-la-tex Financial Services . has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
0.0 2 $10,000 $5,000
NA 28,261 $7,833,485,000 $277,184

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 45 $8,165,000 $181,444
Single Family (1-4 Units):Site-Built 28,218 $7,825,330,000 $277,317

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 689 $162,515,000 $235,871 $3,913 3.09%
40-60% 2,519 $723,015,000 $287,025 $4,052 3.11%
60-80% 7,640 $2,263,740,000 $296,301 $4,384 3.29%
80-100% 15,449 $4,158,375,000 $269,168 $4,764 3.29%
Over 100% 1,128 $372,230,000 $329,991 $10,304 3.08%
Under 20% 362 $14,650,000 $40,470 $694 2.10%