First National Bank Texas Mortgage Rates, Fees & Info
Killeen, TXLEI: 5493006KQF5UKZ3Y9N07
Tax ID: 74-2681037
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Mortgage Data
Review & Overview
First National Bank Texas is a smaller bank specializing in Home Purchase loans. First National Bank Texas has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Killeen, El Paso, Waco, Phoenix, and Dallas among others. We have data for 53 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank Texas has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. First National Bank Texas is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 4/28/24 |
| 30 Year Conventional Purchase | 6.88% | 4/28/24 |
| 30 Year Conventional Refi | 6.85% | 4/28/24 |
| 30 Year FHA Purchase | 7.71% | 4/28/24 |
| 30 Year FHA Refi | 7.46% | 4/28/24 |
| 30 Year VA Purchase | 6.31% | 4/28/24 |
| 30 Year VA Refi | 6.17% | 4/28/24 |
| 30 Year USDA Purchase | 6.27% | 4/28/24 |
| 15 Year Conventional Purchase | 6.28% | 4/28/24 |
| 15 Year Conventional Refi | 6.55% | 4/28/24 |
| 15 Year Cash-out Refi | 6.55% | 4/28/24 |
| 15 Year FHA Purchase | 5.68% | 4/28/24 |
| 15 Year VA Refi | 6.57% | 4/28/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
First National Bank Texas Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,009Origination Dollar Volume (All Markets)
$284,525,000Awards
First National Bank Texas - 2022
First National Bank Texas is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 369 | $99,295,000 | $269,092 | $7,937 | 4.98% |
| EL PASO, TX (FHA|USDA|VA) | 227 | $49,045,000 | $216,057 | $7,586 | 5.07% |
| WACO, TX (FHA|USDA|VA) | 114 | $30,700,000 | $269,298 | $8,381 | 5.44% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 66 | $25,070,000 | $379,848 | $8,080 | 4.92% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 32 | $11,810,000 | $369,063 | $9,238 | 5.34% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 38 | $8,960,000 | $235,789 | $8,042 | 5.20% |
| Brenham, TX (FHA|USDA|VA) | 1 | $8,175,000 | $8,175,000 | $0 | 4.25% |
| LUBBOCK, TX (FHA|USDA|VA) | 2 | $7,080,000 | $3,540,000 | $10,614 | 5.14% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 27 | $7,015,000 | $259,815 | $7,146 | 5.49% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 24 | $6,980,000 | $290,833 | $10,787 | 5.07% |
| Outside of Metro Areas | 24 | $5,830,000 | $242,917 | $7,200 | 5.23% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 13 | $5,245,000 | $403,462 | $10,809 | 4.63% |
| Alice, TX (FHA|USDA|VA) | 12 | $2,520,000 | $210,000 | $7,506 | 5.69% |
| LAS CRUCES, NM (FHA|USDA|VA) | 8 | $2,010,000 | $251,250 | $7,710 | 5.19% |
| Granbury, TX (FHA|USDA|VA) | 1 | $1,835,000 | $1,835,000 | $0 | 5.35% |
| Hobbs, NM (FHA|USDA|VA) | 6 | $1,090,000 | $181,667 | $7,054 | 4.92% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $7,656 | 6.12% |
| Ruidoso, NM (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $0 | 4.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $11,133 | 4.47% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $10,648 | 5.13% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 6.63% |
| LAWTON, OK (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $8,214 | 5.94% |
| LONGVIEW, TX (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $8,057 | 5.08% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,629 | 4.75% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $5,872 | 2.50% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $22,360 | 4.75% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $4,753 | 5.13% |
| MIDLAND, TX (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $6,126 | 5.19% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $14,124 | 4.75% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,084 | 3.25% |
| Moscow, ID (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,324 | 4.50% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,961 | 4.13% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,257 | 4.75% |
| SAN ANGELO, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,467 | 5.00% |
| Columbus, NE (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,612 | 3.25% |
| Bay City, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $11,415 | 5.63% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,129 | 4.13% |
| Kingsville, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $9,655 | 5.25% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $235 | 6.50% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $9,241 | 3.88% |
| Roswell, NM (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,524 | 5.63% |
| Athens, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,454 | 4.50% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,562 | 3.25% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,110 | 6.63% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,268 | 3.75% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.63% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,544 | 4.88% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $3,320 | 5.90% |
| El Campo, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $8,254 | 5.88% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $129 | 7.49% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,960 | 5.50% |
| Hereford, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.50% |
| Big Spring, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $6,223 | 6.88% |
Similar Lenders
We use machine learning to identify the top lenders compared against First National Bank Texas based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2022, First National Bank Texas's most frequently originated type of loan was Conventional, with 432 originations. Their 2nd most popular type was VA, with 298 originations.
Loan Reason
For 2022, First National Bank Texas's most frequently cited loan purpose was Home Purchase, with 872 originations. The 2nd most popular reason was Refi, with 100 originations.
Loan Duration/Length
For 2022, First National Bank Texas's most frequently cited loan duration was 30 Year, with 899 originations. The 2nd most popular length was 15 Year, with 58 originations.
Origination Fees/Closing Costs
First National Bank Texas's average total fees were $8,393, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 417 originations.
Interest Rates
During 2022, First National Bank Texas's average interest rate for loans was 5.12%, while their most frequently originated rate bucket for loans was 5-6%, with 360 originations.
Loan Sizing
2022 saw First National Bank Texas place emphasis on $200k-400k loans with 521 originations, totaling $143,545,000 in origination value.
Applicant Income
First National Bank Texas lent most frequently to those with incomes in the $50k-75k range, with 275 originations. The second most popular income band? $100k-150k, with 225 originations.
Applicant Debt to Income Ratio
First National Bank Texas lent most frequently to those with DTI ratios of 50-60%, with 192 originations. The next most common DTI ratio? 30-36%, with 118 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications57.99%
First National Bank Texas has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination71.06%
First National Bank Texas has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,009 | $284,525,000 | $281,987 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |