Mineola Community Bank S.s.b. Mortgage Rates, Fees & Info

Mineola, TX

LEI: 54930067OMWEWTHVDO95

Tax ID: 75-0440734

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

    Mineola Community Bank S.s.b. is a smaller bank specializing in Home Purchase loans. Mineola Community Bank S.s.b. has a high proportion of conventional loans. Their top markets by origination volume include: Tyler, Dallas, Houston, Austin, and Athens among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Mineola Community Bank S.s.b. 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

    109

    Origination Dollar Volume (All Markets)

    $39,705,000

    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
    Outside of Metro Areas 69 $17,335,000 $251,232 $0 0.00%
    TYLER, TX (FHA|USDA|VA) 14 $11,960,000 $854,286 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 21 $7,515,000 $357,857 $0 0.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $1,635,000 $1,635,000 $0 0.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $755,000 $755,000 $0 0.00%
    Athens, TX (FHA|USDA|VA) 3 $505,000 $168,333 $0 0.00%
    Mineola Community Bank S.s.b.'s top markets include Tyler, Dallas, Houston, Austin, and Athens among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 109 $39,705,000 $364,266 $0 0.00%

    For 2023, Mineola Community Bank S.s.b.'s most frequently originated type of loan was Conventional, with 109 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 67 $33,025,000 $492,910 $0 0.00%
    Other 22 $2,560,000 $116,364 $0 0.00%
    Cash Out Refi 11 $2,845,000 $258,636 $0 0.00%
    Home Improvement 7 $805,000 $115,000 $0 0.00%
    Refi 2 $470,000 $235,000 $0 0.00%

    For 2023, Mineola Community Bank S.s.b.'s most frequently cited loan purpose was Home Purchase, with 67 originations. The 2nd most popular reason was Other, with 22 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 109 $39,705,000 $364,266 $0 0.00%

    For 2023, Mineola Community Bank S.s.b.'s most frequently cited loan duration was Other, with 109 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 35 $10,245,000 $292,714 $0 0.00%
    $100k-200k 27 $3,615,000 $133,889 $0 0.00%
    $100,000 or less 23 $1,525,000 $66,304 $0 0.00%
    $400k-600k 12 $5,950,000 $495,833 $0 0.00%
    $600k-1MM 8 $5,900,000 $737,500 $0 0.00%
    $1MM+ 4 $12,470,000 $3,117,500 $0 0.00%

    2023 saw Mineola Community Bank S.s.b. place emphasis on $200k-400k loans with 35 originations, totaling $10,245,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 23 $7,605,000 $330,652 $0 0.00%
    $100k-150k 22 $5,540,000 $251,818 $0 0.00%
    $75k-100k 22 $5,220,000 $237,273 $0 0.00%
    $250k+ 17 $9,355,000 $550,294 $0 0.00%
    $50k-75k 15 $2,235,000 $149,000 $0 0.00%
    $50k or less 5 $385,000 $77,000 $0 0.00%

    Mineola Community Bank S.s.b. lent most frequently to those with incomes in the $150k-250k range, with 23 originations. The second most popular income band? $100k-150k, with 22 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 109 $39,705,000 $364,266 $0 0.00%

    Mineola Community Bank S.s.b. lent most frequently to those with DTI ratios of Exempt%, with 109 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 94 $27,240,000 $289,787 $0 0.00%
    Not applicable 5 $9,365,000 $1,873,000 $0 0.00%
    Not provided 8 $1,830,000 $228,750 $0 0.00%
    Asian 1 $755,000 $755,000 $0 0.00%
    Black 1 $515,000 $515,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.44%

    Mineola Community Bank S.s.b. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.57%

    Mineola Community Bank S.s.b. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 109 $39,705,000 $364,266

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    109 $39,705,000 $364,266