Grandview Bank Mortgage Rates, Fees & Info

Grandview, TX

LEI: 5493004GBTNTG3N1GE77

Tax ID: 75-0299137

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Grandview Bank is a smaller bank specializing in Cash Out Refi and Home Purchase loans. Grandview Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Montrose, Killeen, Tyler, and Brownwood among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)

Grandview Bank has an above 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

95

Origination Dollar Volume (All Markets)

$20,365,000

Top 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) 67 $11,665,000 $174,104 $0 0.00%
Outside of Metro Areas 13 $1,855,000 $142,692 $0 0.00%
Montrose, CO (FHA|USDA|VA) 1 $1,765,000 $1,765,000 $0 0.00%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 4 $1,140,000 $285,000 $0 0.00%
TYLER, TX (FHA|USDA|VA) 1 $1,065,000 $1,065,000 $0 0.00%
Brownwood, TX (FHA|USDA|VA) 2 $970,000 $485,000 $0 0.00%
Durango, CO (FHA|USDA|VA) 1 $805,000 $805,000 $0 0.00%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $325,000 $325,000 $0 0.00%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $175,000 $175,000 $0 0.00%
WACO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $145,000 $145,000 $0 0.00%
Granbury, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 0.00%
Grandview Bank's top markets include Dallas, Montrose, Killeen, Tyler, and Brownwood among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Alaska (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 95 $20,365,000 $214,368 $0 0.00%

    For 2024, Grandview Bank's most frequently originated type of loan was Conventional, with 95 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 40 $4,760,000 $119,000 $0 0.00%
    Home Purchase 35 $12,255,000 $350,143 $0 0.00%
    Home Improvement 9 $1,285,000 $142,778 $0 0.00%
    Refi 9 $1,615,000 $179,444 $0 0.00%
    Other 2 $450,000 $225,000 $0 0.00%

    For 2024, Grandview Bank's most frequently cited loan purpose was Cash Out Refi, with 40 originations. The 2nd most popular reason was Home Purchase, with 35 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 95 $20,365,000 $214,368 $0 0.00%

    For 2024, Grandview Bank's most frequently cited loan duration was Other, with 95 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 38 $5,580,000 $146,842 $0 0.00%
    $100,000 or less 28 $1,810,000 $64,643 $0 0.00%
    $200k-400k 20 $5,450,000 $272,500 $0 0.00%
    $600k-1MM 4 $3,190,000 $797,500 $0 0.00%
    $400k-600k 3 $1,505,000 $501,667 $0 0.00%
    $1MM+ 2 $2,830,000 $1,415,000 $0 0.00%

    2024 saw Grandview Bank place emphasis on $100k-200k loans with 38 originations, totaling $5,580,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 20 $3,240,000 $162,000 $0 0.00%
    $150k-250k 19 $3,375,000 $177,632 $0 0.00%
    $250k+ 15 $3,465,000 $231,000 $0 0.00%
    $50k-75k 5 $295,000 $59,000 $0 0.00%
    $75k-100k 3 $445,000 $148,333 $0 0.00%
    $50k or less 1 $45,000 $45,000 $0 0.00%

    Grandview Bank lent most frequently to those with incomes in the $100k-150k range, with 20 originations. The second most popular income band? $150k-250k, with 19 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 95 $20,365,000 $214,368 $0 0.00%

    Grandview Bank lent most frequently to those with DTI ratios of Exempt%, with 95 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 62 $10,290,000 $165,968 $0 0.00%
    Not applicable 30 $9,380,000 $312,667 $0 0.00%
    Asian 2 $570,000 $285,000 $0 0.00%
    1 $125,000 $125,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.74%

    Grandview Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.32%

    Grandview Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 95 $20,365,000 $214,368

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    95 $20,365,000 $214,368