Sage Capital Bank Mortgage Rates, Fees & Info

Shiner, TX

LEI: 5493006X4VPGZ5GVIB71

Tax ID: 74-2278952

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

    Sage Capital Bank is a smaller bank specializing in Home Purchase loans. Sage Capital Bank has a high proportion of conventional loans.

    Sage Capital 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

    57

    Origination Dollar Volume (All Markets)

    $10,705,000

    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 57 $10,705,000 $187,807 $0 0.00%
    Sage Capital Bank's top markets include

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 57 $10,705,000 $187,807 $0 0.00%

    For 2018, Sage Capital Bank's most frequently originated type of loan was Conventional, with 57 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 50 $9,930,000 $198,600 $0 0.00%
    Cash Out Refi 5 $505,000 $101,000 $0 0.00%
    Other 1 $175,000 $175,000 $0 0.00%
    Refi 1 $95,000 $95,000 $0 0.00%

    For 2018, Sage Capital Bank's most frequently cited loan purpose was Home Purchase, with 50 originations. The 2nd most popular reason was Cash Out Refi, with 5 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 57 $10,705,000 $187,807 $0 0.00%

    For 2018, Sage Capital Bank's most frequently cited loan duration was Other, with 57 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 22 $3,350,000 $152,273 $0 0.00%
    $100,000 or less 17 $1,205,000 $70,882 $0 0.00%
    $200k-400k 13 $3,605,000 $277,308 $0 0.00%
    $400k-600k 4 $1,840,000 $460,000 $0 0.00%
    $600k-1MM 1 $705,000 $705,000 $0 0.00%

    2018 saw Sage Capital Bank place emphasis on $100k-200k loans with 22 originations, totaling $3,350,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 13 $2,525,000 $194,231 $0 0.00%
    $50k-75k 6 $660,000 $110,000 $0 0.00%
    $150k-250k 5 $1,055,000 $211,000 $0 0.00%
    $250k+ 4 $1,210,000 $302,500 $0 0.00%
    $50k or less 3 $275,000 $91,667 $0 0.00%
    $75k-100k 2 $380,000 $190,000 $0 0.00%

    Sage Capital Bank lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $50k-75k, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 57 $10,705,000 $187,807 $0 0.00%

    Sage Capital Bank lent most frequently to those with DTI ratios of Exempt%, with 57 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 33 $6,045,000 $183,182 $0 0.00%
    Not applicable 23 $4,535,000 $197,174 $0 0.00%
    Asian 1 $125,000 $125,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    98.39%

    Sage Capital 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 origination
    92.98%

    Sage Capital Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 57 $10,705,000 $187,807

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $435,000 $435,000
    Single Family (1-4 Units):Manufactured 2 $200,000 $100,000
    Single Family (1-4 Units):Site-Built 54 $10,070,000 $186,481