Guaranty Bank & Trust N.a. Mortgage Rates, Fees & Info
Mount Pleasant, TXLEI: 549300A2N0IEBKSB5I23
Tax ID: 75-0308240
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Mortgage Data
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 an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Dallas, College Station, Mount Pleasant, Houston, and Texarkana among others. We have data for 37 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.62% | 12/16/24 |
| 30 Year Conventional Refi | 6.49% | 12/16/24 |
| 30 Year Cash-out Refi | 6.95% | 12/16/24 |
| 30 Year FHA Purchase | 7.22% | 12/16/24 |
| 30 Year VA Purchase | 6.34% | 12/16/24 |
| 30 Year USDA Purchase | 6.48% | 12/16/24 |
| 15 Year Conventional Purchase | 6.35% | 12/16/24 |
| 15 Year Conventional Refi | 6.71% | 12/16/24 |
| 15 Year Cash-out Refi | 6.71% | 12/16/24 |
| 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. | ||
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
497Origination Dollar Volume (All Markets)
$124,005,000Awards
Guaranty Bank & Trust N.A. - 2023
Guaranty Bank & Trust N.A. is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Guaranty Bank & Trust N.a.'s average 30 year fixed mortgage rate was
6.61%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.13%.
Relative Fees (Closing Costs)
Guaranty Bank & Trust N.a.'s average total fees/closing costs for a 30 year fixed rate
mortgage were $6,364.
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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 58 | $24,110,000 | $415,690 | $5,948 | 7.82% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 49 | $16,095,000 | $328,469 | $6,460 | 7.36% |
| Mount Pleasant, TX (FHA|USDA|VA) | 87 | $13,935,000 | $160,172 | $3,015 | 7.71% |
| Outside of Metro Areas | 66 | $11,620,000 | $176,061 | $4,231 | 7.74% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 25 | $10,165,000 | $406,600 | $5,322 | 7.73% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 56 | $8,720,000 | $155,714 | $3,242 | 7.85% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 15 | $8,595,000 | $573,000 | $7,095 | 6.89% |
| Sulphur Springs, TX (FHA|USDA|VA) | 40 | $8,130,000 | $203,250 | $3,764 | 7.86% |
| LONGVIEW, TX (FHA|USDA|VA) | 31 | $6,165,000 | $198,871 | $5,102 | 7.15% |
| Paris, TX (FHA|USDA|VA) | 32 | $5,960,000 | $186,250 | $6,087 | 6.94% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 2 | $1,140,000 | $570,000 | $0 | 8.25% |
| Edwards, CO (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $0 | 8.50% |
| TYLER, TX (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $3,754 | 7.84% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $6,976 | 7.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $5,953 | 8.12% |
| BATON ROUGE, LA (FHA|USDA|VA) | 4 | $570,000 | $142,500 | $0 | 8.27% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $7,762 | 6.75% |
| Gainesville, TX (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $2,388 | 8.28% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $13,415 | 6.63% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,822 | 7.49% |
| Bay City, TX (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 8.24% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 8.75% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,336 | 7.00% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 7.99% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 8.50% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,313 | 8.12% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,640 | 7.88% |
| Mineral Wells, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,237 | 8.49% |
| TULSA, OK (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,015 | 7.38% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 9.49% |
| Athens, TX (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 8.13% |
| Ardmore, OK (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 8.75% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 8.49% |
| Hope, AR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 7.50% |
| Duncan, OK (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 7.13% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 7.87% |
| Palestine, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.74% |
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.
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Product Mix
For 2023, Guaranty Bank & Trust N.a.'s most frequently originated type of loan was Conventional, with 459 originations. Their 2nd most popular type was FHA, with 29 originations.
Loan Reason
For 2023, Guaranty Bank & Trust N.a.'s most frequently cited loan purpose was Home Purchase, with 359 originations. The 2nd most popular reason was Home Improvement, with 54 originations.
Loan Duration/Length
For 2023, Guaranty Bank & Trust N.a.'s most frequently cited loan duration was 30 Year, with 151 originations. The 2nd most popular length was Other, with 121 originations.
Origination Fees/Closing Costs
Guaranty Bank & Trust N.a.'s average total fees were $6,364, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 144 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 196 | $41,680,000 | $212,653 |
| 7-8% | 151 | $39,725,000 | $263,079 |
| 6-7% | 121 | $33,845,000 | $279,711 |
| 5-6% | 27 | $8,555,000 | $316,852 |
| 4-5% | 2 | $200,000 | $100,000 |
During 2023, Guaranty Bank & Trust N.a.'s average interest rate for loans was 6.61%, while their most frequently originated rate bucket for loans was Over 8%, with 196 originations.
Loan Sizing
2023 saw Guaranty Bank & Trust N.a. place emphasis on $100k-200k loans with 147 originations, totaling $22,165,000 in origination value.
Applicant Income
Guaranty Bank & Trust N.a. lent most frequently to those with incomes in the $100k-150k range, with 85 originations. The second most popular income band? $150k-250k, with 74 originations.
Applicant Debt to Income Ratio
Guaranty Bank & Trust N.a. lent most frequently to those with DTI ratios of 20-30%, with 74 originations. The next most common DTI ratio? 30-36%, with 63 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.53%
Guaranty Bank & Trust N.a. has an average approval rate.
Pick Rate
Approvals leading to origination82.90%
Guaranty Bank & Trust N.a. has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 2 | $140,000 | $70,000 |
| 375.0 | 36 | $13,120,000 | $364,444 |
| 535.0 | 1 | $75,000 | $75,000 |
| NA | 458 | $110,670,000 | $241,638 |