The First National Bank Of Granbury Mortgage Rates, Fees & Info

Granbury, TX

LEI: 5493007XRAHUC7QUVO11

Tax ID: 75-0298448

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Mortgage Data

Review & Overview

The First National Bank Of Granbury is a smaller bank specializing in Home Purchase loans. The First National Bank Of Granbury has a high proportion of conventional loans. Their top markets by origination volume include: Granbury, Dallas, Stephenville, Longview, and Mineral Wells among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

The First National Bank Of Granbury 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.

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Originations

176

Origination Dollar Volume (All Markets)

$46,560,000

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
Granbury, TX (FHA|USDA|VA) 106 $25,000,000 $235,849 $0 0.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 40 $11,840,000 $296,000 $0 0.00%
Outside of Metro Areas 12 $4,280,000 $356,667 $0 0.00%
Stephenville, TX (FHA|USDA|VA) 11 $3,325,000 $302,273 $0 0.00%
LONGVIEW, TX (FHA|USDA|VA) 1 $515,000 $515,000 $0 0.00%
Mineral Wells, TX (FHA|USDA|VA) 1 $425,000 $425,000 $0 0.00%
WACO, TX (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
Richmond-Berea, KY (FHA|USDA|VA) 1 $295,000 $295,000 $0 0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
Brownwood, TX (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
The First National Bank Of Granbury's top markets include Granbury, Dallas, Stephenville, Longview, and Mineral Wells among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 176 $46,560,000 $264,545 $0 0.00%

    For 2023, The First National Bank Of Granbury's most frequently originated type of loan was Conventional, with 176 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 116 $38,030,000 $327,845 $0 0.00%
    Refi 27 $4,625,000 $171,296 $0 0.00%
    Home Improvement 19 $1,955,000 $102,895 $0 0.00%
    Other 11 $1,125,000 $102,273 $0 0.00%
    Cash Out Refi 3 $825,000 $275,000 $0 0.00%

    For 2023, The First National Bank Of Granbury's most frequently cited loan purpose was Home Purchase, with 116 originations. The 2nd most popular reason was Refi, with 27 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 176 $46,560,000 $264,545 $0 0.00%

    For 2023, The First National Bank Of Granbury's most frequently cited loan duration was Other, with 176 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 58 $16,860,000 $290,690 $0 0.00%
    $100k-200k 44 $6,460,000 $146,818 $0 0.00%
    $100,000 or less 39 $2,155,000 $55,256 $0 0.00%
    $400k-600k 21 $10,245,000 $487,857 $0 0.00%
    $600k-1MM 12 $8,170,000 $680,833 $0 0.00%
    $1MM+ 2 $2,670,000 $1,335,000 $0 0.00%

    2023 saw The First National Bank Of Granbury place emphasis on $200k-400k loans with 58 originations, totaling $16,860,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 43 $10,025,000 $233,140 $0 0.00%
    $150k-250k 34 $11,340,000 $333,529 $0 0.00%
    $50k-75k 22 $3,490,000 $158,636 $0 0.00%
    $75k-100k 21 $3,635,000 $173,095 $0 0.00%
    $250k+ 19 $9,805,000 $516,053 $0 0.00%
    $50k or less 11 $925,000 $84,091 $0 0.00%

    The First National Bank Of Granbury lent most frequently to those with incomes in the $100k-150k range, with 43 originations. The second most popular income band? $150k-250k, with 34 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 176 $46,560,000 $264,545 $0 0.00%

    The First National Bank Of Granbury lent most frequently to those with DTI ratios of Exempt%, with 176 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 111 $28,655,000 $258,153 $0 0.00%
    Not provided 43 $11,135,000 $258,953 $0 0.00%
    Not applicable 19 $5,915,000 $311,316 $0 0.00%
    Asian 2 $620,000 $310,000 $0 0.00%
    American Indian 1 $235,000 $235,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.60%

    The First National Bank Of Granbury has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.75%

    The First National Bank Of Granbury has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 176 $46,560,000 $264,545

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    176 $46,560,000 $264,545