Texas Gulf Bank Mortgage Rates, Fees & Info
HOUSTON, TXLEI: 54930031J0Z4IG9PQZ65
Tax ID: 74-0633640
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Texas Gulf Bank is a smaller bank specializing in Home Purchase and Refi loans. Texas Gulf Bank has a high proportion of conventional loans. Their top markets by origination volume include: Houston, College Station, Austin, Riverside, and Brenham among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Texas Gulf Bank 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
69Origination Dollar Volume (All Markets)
$29,865,000Top 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 |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 62 | $25,660,000 | $413,871 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $2,225,000 | $2,225,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| Brenham, TX (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 69 | $29,865,000 | $432,826 | $0 | 0.00% |
For 2018, Texas Gulf Bank's most frequently originated type of loan was Conventional, with 69 originations.
Loan Reason
For 2018, Texas Gulf Bank's most frequently cited loan purpose was Home Purchase, with 42 originations. The 2nd most popular reason was Refi, with 16 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 69 | $29,865,000 | $432,826 | $0 | 0.00% |
For 2018, Texas Gulf Bank's most frequently cited loan duration was Other, with 69 originations.
Loan Sizing
2018 saw Texas Gulf Bank place emphasis on $200k-400k loans with 24 originations, totaling $6,570,000 in origination value.
Applicant Income
Texas Gulf Bank lent most frequently to those with incomes in the $250k+ range, with 20 originations. The second most popular income band? $150k-250k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 69 | $29,865,000 | $432,826 | $0 | 0.00% |
Texas Gulf Bank lent most frequently to those with DTI ratios of Exempt%, with 69 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.95%
Texas Gulf Bank has a below average approval rate.
Pick Rate
Approvals leading to origination85.51%
Texas Gulf Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 69 | $29,865,000 | $432,826 |