First National Bank And Trust Company Of Ardmore Mortgage Rates, Fees & Info
Ardmore, OKLEI: 54930080KJR5G1HZVI89
Tax ID: 73-0130930
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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, Panama City, and Durant among others. We have data for 10 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 above 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
146Origination Dollar Volume (All Markets)
$26,170,000Top 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) | 72 | $8,690,000 | $120,694 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 26 | $8,170,000 | $314,231 | $0 | 0.00% |
| Outside of Metro Areas | 26 | $5,640,000 | $216,923 | $0 | 0.00% |
| Duncan, OK (FHA|USDA|VA) | 14 | $2,010,000 | $143,571 | $0 | 0.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 0.00% |
| Durant, OK (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Ada, OK (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 146 | $26,170,000 | $179,247 | $0 | 0.00% |
For 2021, First National Bank And Trust Company Of Ardmore's most frequently originated type of loan was Conventional, with 146 originations.
Loan Reason
For 2021, First National Bank And Trust Company Of Ardmore's most frequently cited loan purpose was Home Purchase, with 74 originations. The 2nd most popular reason was Refi, with 51 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 146 | $26,170,000 | $179,247 | $0 | 0.00% |
For 2021, First National Bank And Trust Company Of Ardmore's most frequently cited loan duration was Other, with 146 originations.
Loan Sizing
2021 saw First National Bank And Trust Company Of Ardmore place emphasis on $100,000 or less loans with 70 originations, totaling $4,200,000 in origination value.
Applicant Income
First National Bank And Trust Company Of Ardmore lent most frequently to those with incomes in the $100k-150k range, with 25 originations. The second most popular income band? $50k or less, with 25 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 146 | $26,170,000 | $179,247 | $0 | 0.00% |
First National Bank And Trust Company Of Ardmore lent most frequently to those with DTI ratios of Exempt%, with 146 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.45%
First National Bank And Trust Company Of Ardmore has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination85.62%
First National Bank And Trust Company Of Ardmore has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 146 | $26,170,000 | $179,247 |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST UNITED BANK AND TRUST COMPANY | Conventional home mortgage | Closing on a mortgage | 1 | 100.0% |