Grandview Bank Mortgage Rates, Fees & Info

Grandview, TX

LEI: 5493004GBTNTG3N1GE77

Tax ID: 75-0299137

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Grandview Bank is a smaller bank specializing in Home Purchase loans. Grandview Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Magnolia, Granbury, Sherman, and Mcallen among others. We have data for 8 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 an above average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

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    Originations

    120

    Origination Dollar Volume (All Markets)

    $21,110,000

    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) 90 $16,030,000 $178,111 $0 0.00%
    Outside of Metro Areas 22 $3,200,000 $145,455 $0 0.00%
    Magnolia, AR (FHA|USDA|VA) 1 $865,000 $865,000 $0 0.00%
    Granbury, TX (FHA|USDA|VA) 3 $365,000 $121,667 $0 0.00%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
    LUBBOCK, TX (FHA|USDA|VA) 1 $155,000 $155,000 $0 0.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
    Grandview Bank's top markets include Dallas, Magnolia, Granbury, Sherman, and Mcallen among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 120 $21,110,000 $175,917 $0 0.00%

    For 2023, Grandview Bank's most frequently originated type of loan was Conventional, with 120 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 51 $12,865,000 $252,255 $0 0.00%
    Home Improvement 25 $1,905,000 $76,200 $0 0.00%
    Other 17 $2,075,000 $122,059 $0 0.00%
    Cash Out Refi 16 $1,940,000 $121,250 $0 0.00%
    Refi 11 $2,325,000 $211,364 $0 0.00%

    For 2023, Grandview Bank's most frequently cited loan purpose was Home Purchase, with 51 originations. The 2nd most popular reason was Home Improvement, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 120 $21,110,000 $175,917 $0 0.00%

    For 2023, Grandview Bank's most frequently cited loan duration was Other, with 120 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 51 $7,365,000 $144,412 $0 0.00%
    $100,000 or less 40 $2,220,000 $55,500 $0 0.00%
    $200k-400k 19 $4,565,000 $240,263 $0 0.00%
    $400k-600k 6 $3,100,000 $516,667 $0 0.00%
    $600k-1MM 3 $2,205,000 $735,000 $0 0.00%
    $1MM+ 1 $1,655,000 $1,655,000 $0 0.00%

    2023 saw Grandview Bank place emphasis on $100k-200k loans with 51 originations, totaling $7,365,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 18 $2,550,000 $141,667 $0 0.00%
    $250k+ 17 $5,725,000 $336,765 $0 0.00%
    $75k-100k 17 $2,295,000 $135,000 $0 0.00%
    $50k-75k 16 $1,400,000 $87,500 $0 0.00%
    $50k or less 14 $1,140,000 $81,429 $0 0.00%
    $150k-250k 11 $1,515,000 $137,727 $0 0.00%

    Grandview Bank lent most frequently to those with incomes in the $100k-150k range, with 18 originations. The second most popular income band? $250k+, with 17 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 120 $21,110,000 $175,917 $0 0.00%

    Grandview Bank lent most frequently to those with DTI ratios of Exempt%, with 120 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 88 $12,550,000 $142,614 $0 0.00%
    Not applicable 27 $6,485,000 $240,185 $0 0.00%
    Asian 3 $1,955,000 $651,667 $0 0.00%
    Black 1 $75,000 $75,000 $0 0.00%
    American Indian 1 $45,000 $45,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.41%

    Grandview Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    90.00%

    Grandview Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 120 $21,110,000 $175,917

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    120 $21,110,000 $175,917