The Moody National Bank Mortgage Rates, Fees & Info
Galveston, TXLEI: 5493009ZFRBMAYWB2F82
Tax ID: 74-0560665
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Mortgage Data
Review & Overview
The Moody National Bank is a smaller bank specializing in Home Purchase loans. The Moody National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Houston, San Antonio, and Austin among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)The Moody National Bank has a below 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
48Origination Dollar Volume (All Markets)
$18,420,000Top 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 |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 32 | $12,770,000 | $399,063 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 12 | $3,570,000 | $297,500 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 3 | $2,045,000 | $681,667 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 48 | $18,420,000 | $383,750 | $0 | 0.00% |
For 2023, The Moody National Bank's most frequently originated type of loan was Conventional, with 48 originations.
Loan Reason
For 2023, The Moody National Bank's most frequently cited loan purpose was Home Improvement, with 17 originations. The 2nd most popular reason was Home Purchase, with 15 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 48 | $18,420,000 | $383,750 | $0 | 0.00% |
For 2023, The Moody National Bank's most frequently cited loan duration was Other, with 48 originations.
Loan Sizing
2023 saw The Moody National Bank place emphasis on $100,000 or less loans with 19 originations, totaling $1,205,000 in origination value.
Applicant Income
The Moody National Bank lent most frequently to those with incomes in the $150k-250k range, with 12 originations. The second most popular income band? $250k+, with 10 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 48 | $18,420,000 | $383,750 | $0 | 0.00% |
The Moody National Bank lent most frequently to those with DTI ratios of Exempt%, with 48 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications63.95%
The Moody National Bank has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination85.42%
The Moody National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 48 | $18,420,000 | $383,750 |