The Security National Bank Of Sioux City Iowa Mortgage Rates, Fees & Info
Sioux City, IALEI: 5493003QPO86QUI9FJ04
Tax ID: 42-0943319
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The Security National Bank Of Sioux City Iowa is a smaller bank specializing in Home Purchase loans. The Security National Bank Of Sioux City Iowa has a high proportion of conventional loans. Their top markets by origination volume include: Sioux City, Spirit Lake, North Port, Myrtle Beach, and Omaha among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)The Security National Bank Of Sioux City Iowa 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
249Origination Dollar Volume (All Markets)
$48,385,000Top 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 |
|---|---|---|---|---|---|
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 193 | $30,285,000 | $156,917 | $0 | 0.00% |
| Outside of Metro Areas | 38 | $8,390,000 | $220,789 | $0 | 0.00% |
| Spirit Lake, IA (FHA|USDA|VA) | 3 | $3,715,000 | $1,238,333 | $0 | 0.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $1,435,000 | $1,435,000 | $0 | 0.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $0 | 0.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $0 | 0.00% |
| Vermillion, SD (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $0 | 0.00% |
| ST. CLOUD, MN (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Oskaloosa, IA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Storm Lake, IA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| IOWA CITY, IA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 249 | $48,385,000 | $194,317 | $0 | 0.00% |
For 2023, The Security National Bank Of Sioux City Iowa's most frequently originated type of loan was Conventional, with 249 originations.
Loan Reason
For 2023, The Security National Bank Of Sioux City Iowa's most frequently cited loan purpose was Home Purchase, with 111 originations. The 2nd most popular reason was Refi, with 49 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 249 | $48,385,000 | $194,317 | $0 | 0.00% |
For 2023, The Security National Bank Of Sioux City Iowa's most frequently cited loan duration was Other, with 249 originations.
Loan Sizing
2023 saw The Security National Bank Of Sioux City Iowa place emphasis on $100,000 or less loans with 118 originations, totaling $5,230,000 in origination value.
Applicant Income
The Security National Bank Of Sioux City Iowa lent most frequently to those with incomes in the $100k-150k range, with 50 originations. The second most popular income band? $50k-75k, with 40 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 249 | $48,385,000 | $194,317 | $0 | 0.00% |
The Security National Bank Of Sioux City Iowa lent most frequently to those with DTI ratios of Exempt%, with 249 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.99%
The Security National Bank Of Sioux City Iowa has an average approval rate.
Pick Rate
Approvals leading to origination65.46%
The Security National Bank Of Sioux City Iowa has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 249 | $48,385,000 | $194,317 |