First National Bank And Trust Company Of Ardmore Mortgage Rates, Fees & Info
Ardmore, OKLEI: 54930080KJR5G1HZVI89
Tax ID: 73-0130930
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Mortgage Data
Review & Overview
First National Bank And Trust Company Of Ardmore is a smaller bank specializing in Home Purchase and Refi loans. First National Bank And Trust Company Of Ardmore has a high proportion of conventional loans. Their top markets by origination volume include: Ardmore, Oklahoma City, Duncan, Tulsa, and Stillwater among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank And Trust Company Of Ardmore 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
116Origination Dollar Volume (All Markets)
$10,100,000Top 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 |
|---|---|---|---|---|---|
| Ardmore, OK (FHA|USDA|VA) | 78 | $6,830,000 | $87,564 | $0 | 0.00% |
| Outside of Metro Areas | 17 | $1,225,000 | $72,059 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 12 | $820,000 | $68,333 | $0 | 0.00% |
| Duncan, OK (FHA|USDA|VA) | 4 | $740,000 | $185,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 0.00% |
| Stillwater, OK (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Durant, OK (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| Tahlequah, OK (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 116 | $10,100,000 | $87,069 | $0 | 0.00% |
For 2018, First National Bank And Trust Company Of Ardmore's most frequently originated type of loan was Conventional, with 116 originations.
Loan Reason
For 2018, First National Bank And Trust Company Of Ardmore's most frequently cited loan purpose was Home Purchase, with 62 originations. The 2nd most popular reason was Refi, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 116 | $10,100,000 | $87,069 | $0 | 0.00% |
For 2018, First National Bank And Trust Company Of Ardmore's most frequently cited loan duration was Other, with 116 originations.
Loan Sizing
2018 saw First National Bank And Trust Company Of Ardmore place emphasis on $100,000 or less loans with 78 originations, totaling $3,620,000 in origination value.
Applicant Income
First National Bank And Trust Company Of Ardmore lent most frequently to those with incomes in the $50k or less range, with 29 originations. The second most popular income band? $100k-150k, with 19 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 116 | $10,100,000 | $87,069 | $0 | 0.00% |
First National Bank And Trust Company Of Ardmore lent most frequently to those with DTI ratios of Exempt%, with 116 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.20%
First National Bank And Trust Company Of Ardmore has an average approval rate.
Pick Rate
Approvals leading to origination78.45%
First National Bank And Trust Company Of Ardmore has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 116 | $10,100,000 | $87,069 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 14 | $1,130,000 | $80,714 |
| Single Family (1-4 Units):Site-Built | 102 | $8,970,000 | $87,941 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST NATIONAL BANK OF OMAHA | Conventional home mortgage | Struggling to pay mortgage | 1 | 50.0% |
| FIRST NATIONAL BANK OF OMAHA | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 50.0% |