The Moody National Bank Mortgage Rates, Fees & Info
Galveston, TXLEI: 5493009ZFRBMAYWB2F82
Tax ID: 74-0560665
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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: Austin, Houston, San Antonio, Rockport, and Nacogdoches among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)The Moody National Bank 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)
$73,505,000Top 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) | 6 | $35,340,000 | $5,890,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 70 | $30,100,000 | $430,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 12 | $7,310,000 | $609,167 | $0 | 0.00% |
| Rockport, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| Nacogdoches, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 91 | $73,505,000 | $807,747 | $0 | 0.00% |
For 2022, The Moody National Bank's most frequently originated type of loan was Conventional, with 91 originations.
Loan Reason
For 2022, The Moody National Bank's most frequently cited loan purpose was Home Purchase, with 51 originations. The 2nd most popular reason was Home Improvement, with 17 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 91 | $73,505,000 | $807,747 | $0 | 0.00% |
For 2022, The Moody National Bank's most frequently cited loan duration was Other, with 91 originations.
Loan Sizing
2022 saw The Moody National Bank place emphasis on $100k-200k loans with 25 originations, totaling $3,475,000 in origination value.
Applicant Income
The Moody National Bank lent most frequently to those with incomes in the $150k-250k range, with 26 originations. The second most popular income band? $250k+, with 24 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 91 | $73,505,000 | $807,747 | $0 | 0.00% |
The Moody National Bank lent most frequently to those with DTI ratios of Exempt%, with 91 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications71.86%
The Moody National Bank has a below average approval rate.
Pick Rate
Approvals leading to origination68.13%
The Moody National Bank 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 | $73,505,000 | $807,747 |