Valor Bank Mortgage Rates, Fees & Info
Edmond, OKLEI: 5493004WQK3PHW1SDP63
Tax ID: 73-0242140
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Valor Bank is a smaller bank specializing in Home Purchase loans. Valor Bank has a high proportion of conventional loans. Their top markets by origination volume include: Oklahoma City, Dallas, Mcalester, Tulsa, and Austin among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)Valor 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.
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
388Origination Dollar Volume (All Markets)
$110,290,000Top 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 |
|---|---|---|---|---|---|
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 356 | $100,270,000 | $281,657 | $0 | 0.00% |
| Outside of Metro Areas | 9 | $2,045,000 | $227,222 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $1,375,000 | $458,333 | $0 | 0.00% |
| McAlester, OK (FHA|USDA|VA) | 1 | $1,105,000 | $1,105,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 5 | $1,095,000 | $219,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $0 | 0.00% |
| Stillwater, OK (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| CEDAR RAPIDS, IA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| Boone, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Shawnee, OK (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 0.00% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against VALOR BANK based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 44
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 388 | $110,290,000 | $284,253 | $0 | 0.00% |
For 2024, Valor Bank's most frequently originated type of loan was Conventional, with 388 originations.
Loan Reason
For 2024, Valor Bank's most frequently cited loan purpose was Home Purchase, with 327 originations. The 2nd most popular reason was Refi, with 53 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 388 | $110,290,000 | $284,253 | $0 | 0.00% |
For 2024, Valor Bank's most frequently cited loan duration was Other, with 388 originations.
Loan Sizing
2024 saw Valor Bank place emphasis on $200k-400k loans with 156 originations, totaling $44,260,000 in origination value.
Applicant Income
Valor Bank lent most frequently to those with incomes in the $150k-250k range, with 72 originations. The second most popular income band? $250k+, with 68 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 388 | $110,290,000 | $284,253 | $0 | 0.00% |
Valor Bank lent most frequently to those with DTI ratios of Exempt%, with 388 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.78%
Valor Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination75.26%
Valor Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 388 | $110,290,000 | $284,253 |