First National Bank Of Weatherford Mortgage Rates, Fees & Info
WEATHERFORD, TXLEI: 5493001LCP9RF6ADEZ78
Tax ID: 75-0641890
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First National Bank Of Weatherford is a smaller bank specializing in Home Purchase and Refi loans. First National Bank Of Weatherford has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Abilene, Granbury, Mineral Wells, and Athens among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank Of Weatherford 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
180Origination Dollar Volume (All Markets)
$51,510,000Top 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) | 74 | $28,910,000 | $390,676 | $0 | 0.00% |
| ABILENE, TX (FHA|USDA|VA) | 57 | $9,625,000 | $168,860 | $0 | 0.00% |
| Granbury, TX (FHA|USDA|VA) | 4 | $2,610,000 | $652,500 | $0 | 0.00% |
| Outside of Metro Areas | 18 | $2,180,000 | $121,111 | $0 | 0.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 9 | $1,735,000 | $192,778 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 3 | $1,245,000 | $415,000 | $0 | 0.00% |
| Stephenville, TX (FHA|USDA|VA) | 1 | $745,000 | $745,000 | $0 | 0.00% |
| Ruidoso, NM (FHA|USDA|VA) | 1 | $735,000 | $735,000 | $0 | 0.00% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| Paris, TX (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| Sweetwater, TX (FHA|USDA|VA) | 4 | $460,000 | $115,000 | $0 | 0.00% |
| Dumas, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $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 | 179 | $51,275,000 | $286,453 | $0 | 0.00% |
| VA | 1 | $235,000 | $235,000 | $0 | 0.00% |
For 2022, First National Bank Of Weatherford's most frequently originated type of loan was Conventional, with 179 originations. Their 2nd most popular type was VA, with 1 originations.
Loan Reason
For 2022, First National Bank Of Weatherford's most frequently cited loan purpose was Home Purchase, with 106 originations. The 2nd most popular reason was Refi, with 26 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 180 | $51,510,000 | $286,167 | $0 | 0.00% |
For 2022, First National Bank Of Weatherford's most frequently cited loan duration was Other, with 180 originations.
Loan Sizing
2022 saw First National Bank Of Weatherford place emphasis on $200k-400k loans with 54 originations, totaling $15,710,000 in origination value.
Applicant Income
First National Bank Of Weatherford lent most frequently to those with incomes in the $150k-250k range, with 31 originations. The second most popular income band? $100k-150k, with 28 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 180 | $51,510,000 | $286,167 | $0 | 0.00% |
First National Bank Of Weatherford lent most frequently to those with DTI ratios of Exempt%, with 180 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.31%
First National Bank Of Weatherford has an average approval rate.
Pick Rate
Approvals leading to origination75.00%
First National Bank Of Weatherford has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 180 | $51,510,000 | $286,167 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |