Guaranty Bank & Trust N.a. Mortgage Rates, Fees & Info

Mount Pleasant, TX

LEI: 549300A2N0IEBKSB5I23

Tax ID: 75-0308240

5 stars - Updated: 11/30/23 - out of 5 stars, based on 28 reviews

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Guaranty Bank & Trust N.a. is a smaller bank specializing in Home Purchase loans. Guaranty Bank & Trust N.a. has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Dallas, College Station, Austin, Mount Pleasant, and Houston among others. We have data for 40 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Guaranty Bank & Trust N.a. 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. Guaranty Bank & Trust N.a. 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 about average 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.62% 11/30/23
    30 Year Conventional Refi 6.49% 11/30/23
    30 Year Cash-out Refi 6.95% 11/30/23
    30 Year FHA Purchase 7.22% 11/30/23
    30 Year VA Purchase 6.34% 11/30/23
    30 Year USDA Purchase 6.48% 11/30/23
    15 Year Conventional Purchase 6.35% 11/30/23
    15 Year Conventional Refi 6.71% 11/30/23
    15 Year Cash-out Refi 6.71% 11/30/23
    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.

    Guaranty Bank & Trust N.a. Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Guaranty Bank & Trust N.a.. 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

    808

    Origination Dollar Volume (All Markets)

    $293,600,000
    Show all (5) awards

    Relative Rate

    Guaranty Bank & Trust N.a.'s average 30 year fixed mortgage rate was 4.79%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of 0.03%.

    Relative Fees (Closing Costs)

    Guaranty Bank & Trust N.a.'s average total fees/closing costs for a 30 year fixed rate mortgage were $6,418.

    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 $4,750.

    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
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 118 $72,740,000 $616,441 $6,198 5.03%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 96 $46,180,000 $481,042 $7,360 5.02%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 26 $32,170,000 $1,237,308 $12,749 5.00%
    Mount Pleasant, TX (FHA|USDA|VA) 113 $23,135,000 $204,735 $3,465 5.23%
    Outside of Metro Areas 100 $21,910,000 $219,100 $4,592 5.10%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 53 $19,825,000 $374,057 $6,046 4.94%
    LONGVIEW, TX (FHA|USDA|VA) 61 $19,015,000 $311,721 $5,115 5.16%
    TEXARKANA, TX-AR (FHA|USDA|VA) 83 $15,655,000 $188,614 $4,167 4.94%
    Paris, TX (FHA|USDA|VA) 59 $9,695,000 $164,322 $4,758 5.17%
    Sulphur Springs, TX (FHA|USDA|VA) 47 $9,305,000 $197,979 $4,152 5.35%
    Granbury, TX (FHA|USDA|VA) 2 $7,610,000 $3,805,000 $5,236 5.81%
    TYLER, TX (FHA|USDA|VA) 6 $2,830,000 $471,667 $5,631 5.56%
    WACO, TX (FHA|USDA|VA) 3 $1,785,000 $595,000 $0 4.53%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $1,095,000 $365,000 $0 4.74%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $1,070,000 $535,000 $9,975 4.44%
    Hilo, HI (FHA|USDA|VA) 1 $905,000 $905,000 $0 6.25%
    Edwards, CO (FHA|USDA|VA) 1 $875,000 $875,000 $5,066 5.13%
    Oxford, MS (FHA|USDA|VA) 2 $660,000 $330,000 $0 5.50%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $595,000 $595,000 $10,522 6.25%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $595,000 $595,000 $0 4.25%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $590,000 $295,000 $3,142 6.12%
    Gainesville, TX (FHA|USDA|VA) 3 $575,000 $191,667 $4,136 4.25%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $555,000 $555,000 $0 6.50%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $510,000 $255,000 $0 6.74%
    Huntsville, TX (FHA|USDA|VA) 2 $480,000 $240,000 $5,199 5.87%
    LUBBOCK, TX (FHA|USDA|VA) 1 $415,000 $415,000 $0 7.75%
    Mineral Wells, TX (FHA|USDA|VA) 1 $365,000 $365,000 $0 5.99%
    ABILENE, TX (FHA|USDA|VA) 5 $345,000 $69,000 $0 4.25%
    Brenham, TX (FHA|USDA|VA) 2 $320,000 $160,000 $2,152 5.25%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $295,000 $295,000 $3,755 4.25%
    Lufkin, TX (FHA|USDA|VA) 1 $265,000 $265,000 $5,734 3.25%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $225,000 $225,000 $2,461 5.12%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $205,000 $205,000 $3,180 5.25%
    MOBILE, AL (FHA|USDA|VA) 1 $185,000 $185,000 $0 6.37%
    Athens, TX (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.00%
    Jacksonville, TX (FHA|USDA|VA) 1 $115,000 $115,000 $4,094 3.25%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.74%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $95,000 $95,000 $0 6.74%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $85,000 $85,000 $0 4.25%
    Ardmore, OK (FHA|USDA|VA) 1 $85,000 $85,000 $0 6.75%
    Guaranty Bank & Trust N.a.'s top markets include Dallas, College Station, Austin, Mount Pleasant, and Houston among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Arkansas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Hawaii (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Guaranty Bank & Trust N.A. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    State Bank of De Kalb
    Similarity Rank: 285
    RED RIVER EMPLOYEES
    Similarity Rank: 380
    EAST TEXAS PROFESSIONAL Credit Union
    Similarity Rank: 451
    American Momentum Bank
    Similarity Rank: 759
    AAXY L.L.C.
    Similarity Rank: 792
    AMOCO
    Similarity Rank: 810
    U S WIDE FINANCIAL LLC
    Similarity Rank: 864
    SCHLUMBERGER EMPLOYEES CREDIT UNION
    Similarity Rank: 960
    PRIMEWAY
    Similarity Rank: 1050
    WESTSTAR MORTGAGE CORPORATION
    Similarity Rank: 1353

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 763 $282,475,000 $370,216 $4,832 5.13%
    FHA 29 $6,815,000 $235,000 $8,817 4.60%
    VA 11 $3,445,000 $313,182 $9,144 4.75%
    USDA 5 $865,000 $173,000 $6,451 4.18%

    For 2022, Guaranty Bank & Trust N.a.'s most frequently originated type of loan was Conventional, with 763 originations. Their 2nd most popular type was FHA, with 29 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 572 $224,300,000 $392,133 $5,992 5.15%
    Cash Out Refi 111 $45,425,000 $409,234 $4,351 4.92%
    Home Improvement 61 $8,685,000 $142,377 $2,080 5.33%
    Refi 38 $9,190,000 $241,842 $4,464 4.27%
    Other 26 $6,000,000 $230,769 $3,257 5.41%

    For 2022, Guaranty Bank & Trust N.a.'s most frequently cited loan purpose was Home Purchase, with 572 originations. The 2nd most popular reason was Cash Out Refi, with 111 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 254 $78,090,000 $307,441 $6,418 4.79%
    Other 170 $75,200,000 $442,353 $3,857 5.27%
    15 Year 153 $41,475,000 $271,078 $4,246 5.11%
    20 Year 140 $38,390,000 $274,214 $3,498 5.30%
    10 Year 57 $35,105,000 $615,877 $2,109 5.34%
    5 Year 16 $5,420,000 $338,750 $674 5.44%
    1 Year 11 $6,295,000 $572,273 $6,199 5.51%
    30+ year 4 $11,000,000 $2,750,000 $20,189 4.99%
    3 Year 3 $2,625,000 $875,000 $0 4.91%

    For 2022, Guaranty Bank & Trust N.a.'s most frequently cited loan duration was 30 Year, with 254 originations. The 2nd most popular length was Other, with 170 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 196 $33,280,000 $169,796
    $1k-2k 189 $58,395,000 $308,968
    $5k+ 37 $27,125,000 $733,108
    $2k-3k 34 $10,380,000 $305,294
    $3k-4k 24 $8,730,000 $363,750
    $4k-5k 17 $6,935,000 $407,941

    Guaranty Bank & Trust N.a.'s average total fees were $6,418, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 196 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 264 $89,120,000 $337,576
    4-5% 260 $110,600,000 $425,385
    6-7% 125 $26,975,000 $215,800
    3-4% 114 $53,600,000 $470,175
    7-8% 20 $7,210,000 $360,500
    2.5-3% 19 $4,805,000 $252,895
    Over 8% 4 $560,000 $140,000
    <2.5% 2 $730,000 $365,000

    During 2022, Guaranty Bank & Trust N.a.'s average interest rate for loans was 4.79%, while their most frequently originated rate bucket for loans was 5-6%, with 264 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 233 $34,635,000 $148,648 $3,881 5.00%
    $200k-400k 229 $62,815,000 $274,301 $5,588 5.02%
    $100,000 or less 162 $10,510,000 $64,877 $2,168 5.51%
    $400k-600k 98 $48,180,000 $491,633 $7,608 4.98%
    $600k-1MM 51 $37,595,000 $737,157 $8,070 4.99%
    $1MM+ 35 $99,865,000 $2,853,286 $15,760 4.89%

    2022 saw Guaranty Bank & Trust N.a. place emphasis on $100k-200k loans with 233 originations, totaling $34,635,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 119 $28,935,000 $243,151 $5,455 4.99%
    $250k+ 111 $62,925,000 $566,892 $7,396 5.03%
    $150k-250k 109 $38,365,000 $351,972 $5,827 4.97%
    $50k-75k 101 $15,415,000 $152,624 $4,178 5.17%
    $75k-100k 96 $18,560,000 $193,333 $4,508 5.06%
    $50k or less 66 $6,580,000 $99,697 $3,204 5.30%

    Guaranty Bank & Trust N.a. lent most frequently to those with incomes in the $100k-150k range, with 119 originations. The second most popular income band? $250k+, with 111 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 132 $37,680,000 $285,455 $4,911 4.87%
    30-36% 98 $21,910,000 $223,571 $4,407 5.19%
    <20% 67 $16,475,000 $245,896 $3,716 4.99%
    >60% 28 $14,720,000 $525,714 $6,362 4.98%
    38% 28 $7,640,000 $272,857 $6,064 5.01%
    40% 26 $10,150,000 $390,385 $6,564 4.96%
    42% 23 $6,535,000 $284,130 $6,211 5.08%
    37% 22 $6,860,000 $311,818 $6,252 5.08%
    41% 22 $4,540,000 $206,364 $4,243 5.01%
    43% 22 $6,570,000 $298,636 $5,776 5.05%
    45% 22 $6,540,000 $297,273 $4,370 5.09%
    39% 20 $4,360,000 $218,000 $4,262 5.51%
    50-60% 20 $4,060,000 $203,000 $7,135 5.52%
    36% 19 $4,855,000 $255,526 $5,902 5.29%
    44% 18 $6,790,000 $377,222 $5,967 4.92%
    47% 14 $4,540,000 $324,286 $6,142 5.37%
    46% 14 $3,330,000 $237,857 $5,027 4.90%
    49% 13 $3,845,000 $295,769 $7,892 5.20%
    48% 10 $3,060,000 $306,000 $5,167 4.95%

    Guaranty Bank & Trust N.a. lent most frequently to those with DTI ratios of 20-30%, with 132 originations. The next most common DTI ratio? 30-36%, with 98 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 565 $154,105,000 $272,752 $5,047 5.05%
    Not applicable 189 $118,655,000 $627,804 $0 5.24%
    Asian 17 $7,415,000 $436,176 $7,978 5.24%
    Not provided 13 $5,925,000 $455,769 $7,629 5.23%
    Asian Indian 3 $2,815,000 $938,333 $9,893 5.17%
    Black 15 $2,755,000 $183,667 $5,479 5.13%
    American Indian 5 $1,855,000 $371,000 $5,902 4.18%
    Native Hawaiian or Islander 1 $75,000 $75,000 $4,786 6.50%

    Approval Rates

    Total approvals of all applications
    91.51%

    Guaranty Bank & Trust N.a. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    86.39%

    Guaranty Bank & Trust N.a. has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 5 $1,055,000 $211,000
    250.0 2 $360,000 $180,000
    375.0 26 $9,790,000 $376,538
    535.0 1 $115,000 $115,000
    NA 774 $282,280,000 $364,703

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    808 $293,600,000 $363,366

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 77 $13,105,000 $170,195 $2,774 5.24%
    40-60% 171 $63,195,000 $369,561 $4,621 5.05%
    60-80% 329 $155,695,000 $473,237 $5,972 5.16%
    80-100% 188 $56,980,000 $303,085 $6,208 4.86%
    Over 100% 2 $700,000 $350,000 $8,016 5.33%
    Under 20% 41 $3,925,000 $95,732 $1,549 5.66%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    GUARANTEED RATE INC. Conventional home mortgage Trouble during payment process 1 50.0%
    GUARANTEED RATE INC. FHA mortgage Trouble during payment process 1 50.0%