The First A National Banking Association Mortgage Rates, Fees & Info

Hattiesburg, MS

LEI: 5493008OE5JXNTGWD962

Tax ID: 64-0878155

5 stars - Updated: 4/16/24 - out of 5 stars, based on 37 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

The First A National Banking Association is a smaller bank specializing in Home Purchase and Refi loans. The First A National Banking Association has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Crestview, Gulfport, Daphne, Jackson, and New Orleans among others. We have data for 52 markets. (Some data included below & more in-depth data is available with an active subscription.)

The First A National Banking Association 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. The First A National Banking Association is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.12% 4/16/24
30 Year Conventional Purchase 6.68% 4/16/24
30 Year Conventional Refi 6.68% 4/16/24
30 Year Cash-out Refi 6.72% 4/16/24
30 Year FHA Purchase 7.16% 4/16/24
30 Year FHA Refi 6.27% 4/16/24
30 Year VA Purchase 6.15% 4/16/24
30 Year VA Refi 5.82% 4/16/24
30 Year USDA Purchase 6.49% 4/16/24
30 Year USDA Refi 6.63% 4/16/24
15 Year Conventional Purchase 6.48% 4/16/24
15 Year Conventional Refi 7.16% 4/16/24
15 Year Cash-out Refi 7.16% 4/16/24
15 Year FHA Refi 5.68% 4/16/24
15 Year VA Purchase 5.61% 4/16/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

The First A National Banking Association Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from The First A National Banking Association. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

1,350

Origination Dollar Volume (All Markets)

$354,450,000

Relative Rate

The First A National Banking Association's average 30 year fixed mortgage rate was 6.66%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.18%.

Relative Fees (Closing Costs)

The First A National Banking Association's average total fees/closing costs for a 30 year fixed rate mortgage were $4,903.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 78 $67,500,000 $865,385 $0 7.41%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 161 $32,155,000 $199,720 $0 7.19%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 96 $29,710,000 $309,479 $0 7.88%
JACKSON, MS (FHA|USDA|VA) 115 $27,105,000 $235,696 $2,536 5.15%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 78 $27,080,000 $347,179 $0 7.81%
HATTIESBURG, MS (FHA|USDA|VA) 126 $25,320,000 $200,952 $5,311 7.13%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 75 $18,575,000 $247,667 $0 7.77%
BATON ROUGE, LA (FHA|USDA|VA) 88 $15,120,000 $171,818 $0 7.48%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 54 $14,640,000 $271,111 $0 8.16%
MOBILE, AL (FHA|USDA|VA) 91 $14,475,000 $159,066 $0 7.54%
Outside of Metro Areas 36 $13,130,000 $364,722 $2,666 6.40%
Moultrie, GA (FHA|USDA|VA) 31 $8,765,000 $282,742 $0 7.97%
VALDOSTA, GA (FHA|USDA|VA) 41 $7,725,000 $188,415 $0 7.47%
TALLAHASSEE, FL (FHA|USDA|VA) 41 $7,285,000 $177,683 $0 7.44%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 6 $5,990,000 $998,333 $0 7.95%
Laurel, MS (FHA|USDA|VA) 37 $4,615,000 $124,730 $0 7.28%
HAMMOND, LA (FHA|USDA|VA) 33 $4,555,000 $138,030 $0 7.88%
Starkville, MS (FHA|USDA|VA) 16 $2,920,000 $182,500 $0 6.80%
HINESVILLE, GA (FHA|USDA|VA) 15 $2,765,000 $184,333 $0 7.97%
PANAMA CITY, FL (FHA|USDA|VA) 9 $2,565,000 $285,000 $6,533 7.86%
JACKSONVILLE, FL (FHA|USDA|VA) 6 $2,360,000 $393,333 $0 8.23%
Thomasville, GA (FHA|USDA|VA) 21 $2,025,000 $96,429 $0 7.53%
BRUNSWICK, GA (FHA|USDA|VA) 8 $1,700,000 $212,500 $0 8.19%
LAFAYETTE, LA (FHA|USDA|VA) 1 $1,645,000 $1,645,000 $0 5.75%
Jesup, GA (FHA|USDA|VA) 14 $1,490,000 $106,429 $0 7.95%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $1,405,000 $1,405,000 $0 8.50%
Tifton, GA (FHA|USDA|VA) 4 $1,210,000 $302,500 $0 7.49%
Picayune, MS (FHA|USDA|VA) 11 $1,135,000 $103,182 $0 8.13%
Columbus, MS (FHA|USDA|VA) 7 $995,000 $142,143 $0 8.14%
St. Marys, GA (FHA|USDA|VA) 4 $810,000 $202,500 $0 7.88%
ALBANY, GA (FHA|USDA|VA) 3 $805,000 $268,333 $0 6.95%
SAVANNAH, GA (FHA|USDA|VA) 7 $765,000 $109,286 $0 8.11%
Oxford, MS (FHA|USDA|VA) 3 $745,000 $248,333 $0 6.99%
MONTGOMERY, AL (FHA|USDA|VA) 4 $650,000 $162,500 $0 7.03%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $550,000 $275,000 $0 7.81%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $545,000 $545,000 $0 7.63%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $505,000 $505,000 $0 7.75%
Palatka, FL (FHA|USDA|VA) 1 $415,000 $415,000 $0 7.75%
West Point, MS (FHA|USDA|VA) 2 $390,000 $195,000 $0 6.81%
Greenwood, MS (FHA|USDA|VA) 4 $360,000 $90,000 $0 3.27%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $235,000 $235,000 $0 7.50%
Tupelo, MS (FHA|USDA|VA) 1 $215,000 $215,000 $0 5.50%
McComb, MS (FHA|USDA|VA) 1 $215,000 $215,000 $0 6.63%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $215,000 $215,000 $0 6.49%
Brookhaven, MS (FHA|USDA|VA) 1 $195,000 $195,000 $0 10.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $195,000 $195,000 $0 7.00%
DeRidder, LA (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.63%
GAINESVILLE, GA (FHA|USDA|VA) 1 $155,000 $155,000 $0 8.00%
Statesboro, GA (FHA|USDA|VA) 4 $140,000 $35,000 $0 8.50%
Meridian, MS (FHA|USDA|VA) 2 $100,000 $50,000 $0 3.35%
Waycross, GA (FHA|USDA|VA) 3 $75,000 $25,000 $0 8.75%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $45,000 $45,000 $0 10.00%
The First A National Banking Association's top markets include Crestview, Gulfport, Daphne, Jackson, and New Orleans among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Louisiana (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against The First A National Banking Association based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Eglin Federal Credit Union
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    INSPIRE HOME LOANS INC.
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 684 $236,460,000 $345,702 $2,832 6.90%
    HELOC 486 $76,200,000 $156,790 n/a 8.17%
    FHA 132 $26,950,000 $204,167 $10,142 6.45%
    VA 30 $11,590,000 $386,333 $0 6.78%
    USDA 18 $3,250,000 $180,556 $0 6.36%

    For 2023, The First A National Banking Association's most frequently originated type of loan was Conventional, with 684 originations. Their 2nd most popular type was HELOC, with 486 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 631 $226,195,000 $358,471 $3,461 6.46%
    Refi 349 $77,365,000 $221,676 $4,599 8.04%
    Home Improvement 175 $24,925,000 $142,429 $0 8.14%
    Other 175 $21,805,000 $124,600 $0 8.05%
    Cash Out Refi 20 $4,160,000 $208,000 $0 7.12%

    For 2023, The First A National Banking Association's most frequently cited loan purpose was Home Purchase, with 631 originations. The 2nd most popular reason was Refi, with 349 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    5 Year 596 $127,620,000 $214,128 $0 8.07%
    30 Year 459 $149,315,000 $325,305 $4,903 6.66%
    10 Year 96 $5,840,000 $60,833 $0 4.33%
    Other 68 $33,330,000 $490,147 $6,533 7.99%
    3 Year 51 $14,125,000 $276,961 $0 7.85%
    1 Year 30 $8,290,000 $276,333 $0 8.46%
    15 Year 27 $6,485,000 $240,185 $0 7.36%
    30+ year 14 $6,140,000 $438,571 $0 7.81%
    20 Year 9 $3,305,000 $367,222 $3,820 7.72%

    For 2023, The First A National Banking Association's most frequently cited loan duration was 5 Year, with 596 originations. The 2nd most popular length was 30 Year, with 459 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 346 $80,880,000 $233,757
    $1k-2k 92 $32,350,000 $351,630
    $2k-3k 40 $11,540,000 $288,500
    $5k+ 40 $24,520,000 $613,000
    $3k-4k 31 $11,085,000 $357,581
    $4k-5k 20 $6,280,000 $314,000

    The First A National Banking Association's average total fees were $4,903, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 346 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    7-8% 490 $143,140,000 $292,122
    Over 8% 480 $120,910,000 $251,896
    6-7% 235 $65,395,000 $278,277
    5-6% 79 $23,945,000 $303,101
    <2.5% 62 $420,000 $6,774
    4-5% 2 $410,000 $205,000
    3-4% 2 $230,000 $115,000

    During 2023, The First A National Banking Association's average interest rate for loans was 6.66%, while their most frequently originated rate bucket for loans was 7-8%, with 490 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 458 $21,530,000 $47,009 $0 7.02%
    $100k-200k 350 $49,390,000 $141,114 $0 7.48%
    $200k-400k 340 $92,220,000 $271,235 $5,790 7.40%
    $400k-600k 107 $51,165,000 $478,178 $0 7.56%
    $600k-1MM 57 $42,405,000 $743,947 $0 7.43%
    $1MM+ 38 $97,740,000 $2,572,105 $6,802 7.42%

    2023 saw The First A National Banking Association place emphasis on $100,000 or less loans with 458 originations, totaling $21,530,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 213 $96,205,000 $451,667 $5,311 7.67%
    $100k-150k 209 $37,335,000 $178,636 $10,142 7.66%
    $50k-75k 188 $23,080,000 $122,766 $0 6.43%
    $150k-250k 171 $43,475,000 $254,240 $4,599 7.83%
    $50k or less 168 $13,830,000 $82,321 $0 6.30%
    $75k-100k 166 $27,810,000 $167,530 $0 6.93%

    The First A National Banking Association lent most frequently to those with incomes in the $250k+ range, with 213 originations. The second most popular income band? $100k-150k, with 209 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 210 $47,070,000 $224,143 $3,820 7.49%
    30-36% 188 $39,800,000 $211,702 $6,533 7.32%
    <20% 132 $30,060,000 $227,727 $6,802 7.76%
    50-60% 70 $12,730,000 $181,857 $0 5.76%
    42% 47 $8,845,000 $188,191 $0 7.30%
    41% 46 $8,600,000 $186,957 $0 7.16%
    40% 45 $9,495,000 $211,000 $0 6.96%
    39% 43 $7,395,000 $171,977 $0 7.38%
    36% 38 $9,370,000 $246,579 $0 6.82%
    37% 37 $7,175,000 $193,919 $2,666 6.92%
    38% 29 $5,515,000 $190,172 $0 6.66%
    43% 26 $6,340,000 $243,846 $0 6.32%
    47% 23 $6,245,000 $271,522 $0 5.85%
    48% 20 $5,100,000 $255,000 $0 6.20%
    49% 19 $3,435,000 $180,789 $10,142 5.23%
    44% 16 $4,590,000 $286,875 $0 6.55%
    46% 14 $4,070,000 $290,714 $0 5.85%
    45% 10 $1,970,000 $197,000 $0 6.35%
    >60% 9 $2,225,000 $247,222 $0 8.93%

    The First A National Banking Association lent most frequently to those with DTI ratios of 20-30%, with 210 originations. The next most common DTI ratio? 30-36%, with 188 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 874 $196,160,000 $224,439 $3,964 7.47%
    Not applicable 224 $111,690,000 $498,616 $0 7.94%
    Black 135 $21,095,000 $156,259 $3,381 6.05%
    Not provided 94 $20,440,000 $217,447 $0 5.90%
    Asian 20 $4,230,000 $211,500 $0 7.85%
    American Indian 2 $660,000 $330,000 $0 7.31%
    Native Hawaiian or Islander 1 $175,000 $175,000 $0 7.25%

    Approval Rates

    Total approvals of all applications
    89.31%

    The First A National Banking Association has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.44%

    The First A National Banking Association has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,350 $354,450,000 $262,556

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,350 $354,450,000 $262,556

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 257 $41,655,000 $162,082 $0 8.02%
    40-60% 178 $53,990,000 $303,315 $0 7.74%
    60-80% 247 $127,005,000 $514,190 $5,176 7.59%
    80-100% 351 $105,255,000 $299,872 $6,537 7.02%
    Over 100% 9 $2,705,000 $300,556 $0 7.27%
    Under 20% 302 $23,170,000 $76,722 $0 6.51%