Texas Gulf Bank Mortgage Rates, Fees & Info
HOUSTON, TXLEI: 54930031J0Z4IG9PQZ65
Tax ID: 74-0633640
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Mortgage Data
Review & Overview
Texas Gulf Bank is a smaller bank specializing in Home Purchase loans. Texas Gulf Bank has a high proportion of conventional loans. Their top markets by origination volume include: Houston, Kahului, Fredericksburg, San Antonio, and College Station among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Texas Gulf Bank has a below 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
43Origination Dollar Volume (All Markets)
$20,805,000Top 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) | 32 | $13,370,000 | $417,813 | $0 | 0.00% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $2,235,000 | $2,235,000 | $0 | 0.00% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $2,065,000 | $2,065,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $845,000 | $845,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $0 | 0.00% |
| Brenham, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| Rockport, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 0.00% |
| Bay City, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 43 | $20,805,000 | $483,837 | $0 | 0.00% |
For 2019, Texas Gulf Bank's most frequently originated type of loan was Conventional, with 43 originations.
Loan Reason
For 2019, Texas Gulf Bank's most frequently cited loan purpose was Home Purchase, with 25 originations. The 2nd most popular reason was Refi, with 10 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 43 | $20,805,000 | $483,837 | $0 | 0.00% |
For 2019, Texas Gulf Bank's most frequently cited loan duration was Other, with 43 originations.
Loan Sizing
2019 saw Texas Gulf Bank place emphasis on $200k-400k loans with 16 originations, totaling $4,410,000 in origination value.
Applicant Income
Texas Gulf Bank lent most frequently to those with incomes in the $250k+ range, with 14 originations. The second most popular income band? $150k-250k, with 10 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 43 | $20,805,000 | $483,837 | $0 | 0.00% |
Texas Gulf Bank lent most frequently to those with DTI ratios of Exempt%, with 43 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications68.57%
Texas Gulf Bank has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination88.37%
Texas Gulf Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 43 | $20,805,000 | $483,837 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 2 | $940,000 | $470,000 |
| Single Family (1-4 Units):Site-Built | 41 | $19,865,000 | $484,512 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| TEXAS CAPITAL BANCSHARES, INC. | Conventional home mortgage | Trouble during payment process | 1 | 100.0% |