Texas First Bank Mortgage Rates, Fees & Info
Texas City, TXLEI: 5493007WOQE7MEFUB492
Tax ID: 76-0002250
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Texas First Bank is a smaller bank specializing in Home Purchase loans. Texas First Bank has a high proportion of conventional loans. Their top markets by origination volume include: Houston, Dallas, Austin, Beaumont, and San Antonio among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Texas First Bank 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
109Origination Dollar Volume (All Markets)
$36,875,000Top 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 |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 75 | $29,915,000 | $398,867 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 12 | $3,140,000 | $261,667 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 9 | $1,595,000 | $177,222 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $710,000 | $177,500 | $0 | 0.00% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 5 | $435,000 | $87,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 109 | $36,875,000 | $338,303 | $0 | 0.00% |
For 2023, Texas First Bank's most frequently originated type of loan was Conventional, with 109 originations.
Loan Reason
For 2023, Texas First Bank's most frequently cited loan purpose was Home Purchase, with 52 originations. The 2nd most popular reason was Home Improvement, with 32 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 109 | $36,875,000 | $338,303 | $0 | 0.00% |
For 2023, Texas First Bank's most frequently cited loan duration was Other, with 109 originations.
Loan Sizing
2023 saw Texas First Bank place emphasis on $100,000 or less loans with 36 originations, totaling $2,390,000 in origination value.
Applicant Income
Texas First Bank lent most frequently to those with incomes in the $150k-250k range, with 43 originations. The second most popular income band? $250k+, with 36 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 109 | $36,875,000 | $338,303 | $0 | 0.00% |
Texas First Bank lent most frequently to those with DTI ratios of Exempt%, with 109 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.88%
Texas First Bank has an average approval rate.
Pick Rate
Approvals leading to origination74.31%
Texas First Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 109 | $36,875,000 | $338,303 |