Trusttexas Bank Ssb Mortgage Rates, Fees & Info
Cuero, TXLEI: 5493008EWJQJ6SK2V234
Tax ID: 74-0580531
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Trusttexas Bank Ssb is a smaller bank specializing in Home Purchase and Refi loans. Trusttexas Bank Ssb has a high proportion of conventional loans. Their top markets by origination volume include: Austin, San Antonio, Victoria, Waco, and Houston among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Trusttexas Bank Ssb 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
91Origination Dollar Volume (All Markets)
$32,995,000Top 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 |
|---|---|---|---|---|---|
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 37 | $18,275,000 | $493,919 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 11 | $4,275,000 | $388,636 | $0 | 0.00% |
| VICTORIA, TX (FHA|USDA|VA) | 17 | $4,135,000 | $243,235 | $0 | 0.00% |
| Outside of Metro Areas | 18 | $4,030,000 | $223,889 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $0 | 0.00% |
| Port Lavaca, TX (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $0 | 0.00% |
| Beeville, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| Bay City, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 91 | $32,995,000 | $362,582 | $0 | 0.00% |
For 2022, Trusttexas Bank Ssb's most frequently originated type of loan was Conventional, with 91 originations.
Loan Reason
For 2022, Trusttexas Bank Ssb's most frequently cited loan purpose was Home Purchase, with 61 originations. The 2nd most popular reason was Refi, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 91 | $32,995,000 | $362,582 | $0 | 0.00% |
For 2022, Trusttexas Bank Ssb's most frequently cited loan duration was Other, with 91 originations.
Loan Sizing
2022 saw Trusttexas Bank Ssb place emphasis on $200k-400k loans with 39 originations, totaling $11,645,000 in origination value.
Applicant Income
Trusttexas Bank Ssb lent most frequently to those with incomes in the $250k+ range, with 21 originations. The second most popular income band? $100k-150k, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 91 | $32,995,000 | $362,582 | $0 | 0.00% |
Trusttexas Bank Ssb lent most frequently to those with DTI ratios of Exempt%, with 91 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.25%
Trusttexas Bank Ssb has an average approval rate.
Pick Rate
Approvals leading to origination57.14%
Trusttexas Bank Ssb has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 91 | $32,995,000 | $362,582 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| TRUIST FINANCIAL CORPORATION | Conventional home mortgage | Trouble during payment process | 3 | 37.5% |
| TRUIST FINANCIAL CORPORATION | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 12.5% |
| TRUIST FINANCIAL CORPORATION | FHA mortgage | Struggling to pay mortgage | 1 | 12.5% |
| TRUIST FINANCIAL CORPORATION | FHA mortgage | Trouble during payment process | 1 | 12.5% |
| TRUIST FINANCIAL CORPORATION | Other type of mortgage | Struggling to pay mortgage | 1 | 12.5% |
| TRUIST FINANCIAL CORPORATION | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 12.5% |