Triad Bank Mortgage Rates, Fees & Info
Frontenac, MOLEI: 549300514215EBX5I696
Tax ID: 34-2033556
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Triad Bank is a smaller bank specializing in Home Purchase and Refi loans. Triad Bank has a high proportion of conventional loans. Their top markets by origination volume include: St. Louis, Carbondale, Houston, and Oxford among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Triad 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
38Origination Dollar Volume (All Markets)
$30,240,000Top 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 |
|---|---|---|---|---|---|
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 34 | $28,380,000 | $834,706 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $705,000 | $705,000 | $0 | 0.00% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 0.00% |
| Oxford, MS (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 38 | $30,240,000 | $795,789 | $0 | 0.00% |
For 2024, Triad Bank's most frequently originated type of loan was Conventional, with 38 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 34 | $18,930,000 | $556,765 | $0 | 0.00% |
| Refi | 4 | $11,310,000 | $2,827,500 | $0 | 0.00% |
For 2024, Triad Bank's most frequently cited loan purpose was Home Purchase, with 34 originations. The 2nd most popular reason was Refi, with 4 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 38 | $30,240,000 | $795,789 | $0 | 0.00% |
For 2024, Triad Bank's most frequently cited loan duration was Other, with 38 originations.
Loan Sizing
2024 saw Triad Bank place emphasis on $200k-400k loans with 14 originations, totaling $4,100,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $250k+ | 5 | $1,515,000 | $303,000 | $0 | 0.00% |
| $100k-150k | 1 | $855,000 | $855,000 | $0 | 0.00% |
| $75k-100k | 1 | $415,000 | $415,000 | $0 | 0.00% |
Triad Bank lent most frequently to those with incomes in the $250k+ range, with 5 originations. The second most popular income band? $100k-150k, with 1 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 38 | $30,240,000 | $795,789 | $0 | 0.00% |
Triad Bank lent most frequently to those with DTI ratios of Exempt%, with 38 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 31 | $27,455,000 | $885,645 | $0 | 0.00% |
| White | 7 | $2,785,000 | $397,857 | $0 | 0.00% |
Approval Rates
Total approvals of all applications100.00%
Triad 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 origination86.84%
Triad Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 38 | $30,240,000 | $795,789 |