Inwood National Bank Mortgage Rates, Fees & Info

Dallas, TX

LEI: 549300AHVQ1LDFNP8P69

Tax ID: 75-1160447

5 stars - Updated: 4/5/25 - out of 5 stars, based on 13 reviews

Latest/2024 | 2023 Data | 2022 Data | 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
  • 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

    Inwood National Bank is a smaller bank specializing in Home Purchase loans. Inwood National Bank 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.) Their top markets by origination volume include: Dallas, Longview, Salinas, Montrose, and Houston among others. We have data for 23 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Inwood National Bank 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. Inwood National Bank is typically a low 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 6.33% 4/5/25
    30 Year Conventional Refi 6.45% 4/5/25
    30 Year Cash-out Refi 6.66% 4/5/25
    30 Year FHA Purchase 6.72% 4/5/25
    30 Year VA Purchase 6.18% 4/5/25
    15 Year Conventional Purchase 5.94% 4/5/25
    15 Year Conventional Refi 6.35% 4/5/25
    15 Year Cash-out Refi 6.35% 4/5/25
    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.

    Inwood National Bank Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Inwood National Bank. 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

    182

    Origination Dollar Volume (All Markets)

    $88,430,000

    Awards

    Inwood National Bank 30 Year Conventional Loans gold Inwood National Bank 30 Year Conventional Loans gold Inwood National Bank 30 Year Conventional Loans silver
    Show all (3) awards

    Relative Rate

    Inwood National Bank's average 30 year fixed mortgage rate was 6.35%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of -0.2%.

    Relative Fees (Closing Costs)

    Inwood National Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,567.

    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 $8,356.

    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) 150 $67,380,000 $449,200 $5,543 6.68%
    LONGVIEW, TX (FHA|USDA|VA) 2 $4,710,000 $2,355,000 $39,563 7.25%
    SALINAS, CA (FHA|USDA|VA) 2 $4,260,000 $2,130,000 $0 8.50%
    Montrose, CO (FHA|USDA|VA) 1 $2,355,000 $2,355,000 $6,708 7.00%
    Outside of Metro Areas 3 $1,495,000 $498,333 $10,323 7.92%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $1,145,000 $381,667 $5,073 6.83%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $960,000 $480,000 $5,020 7.19%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $765,000 $765,000 $3,981 5.88%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $735,000 $735,000 $5,607 7.50%
    JACKSONVILLE, FL (FHA|USDA|VA) 1 $665,000 $665,000 $0 7.38%
    CARSON CITY, NV (FHA|USDA|VA) 1 $505,000 $505,000 $4,482 6.49%
    Stephenville, TX (FHA|USDA|VA) 2 $440,000 $220,000 $9,315 6.75%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $395,000 $395,000 $4,560 7.25%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $365,000 $365,000 $4,127 6.00%
    Stillwater, OK (FHA|USDA|VA) 2 $360,000 $180,000 $0 6.38%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $325,000 $325,000 $7,246 7.25%
    TYLER, TX (FHA|USDA|VA) 1 $305,000 $305,000 $0 6.99%
    Gainesville, TX (FHA|USDA|VA) 2 $250,000 $125,000 $0 8.00%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $235,000 $235,000 $3,220 6.38%
    Vicksburg, MS (FHA|USDA|VA) 1 $225,000 $225,000 $4,320 6.50%
    Brenham, TX (FHA|USDA|VA) 1 $215,000 $215,000 $4,652 7.13%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $215,000 $215,000 $0 6.12%
    ABILENE, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,584 6.88%
    Inwood National Bank's top markets include Dallas, Longview, Salinas, Montrose, and Houston among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)

    • Similar Lenders

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

    DSLD MORTGAGE, LLC
    Similarity Rank: 105
    GSB MORTGAGE, INC.
    Similarity Rank: 133
    AMOCO
    Similarity Rank: 180
    SCHLUMBERGER EMPLOYEES CREDIT UNION
    Similarity Rank: 275
    SMART FINANCIAL CREDIT UNION
    Similarity Rank: 405
    DATCU
    Similarity Rank: 468
    PRIMEWAY
    Similarity Rank: 532
    HOMEWAY MORTGAGE LLC
    Similarity Rank: 586
    FC LENDING, LTD.
    Similarity Rank: 609
    COMMUNITY RESOURCE CREDIT UNION
    Similarity Rank: 675

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 176 $86,250,000 $490,057 $5,786 6.79%
    FHA 5 $1,695,000 $339,000 $10,961 5.78%
    VA 1 $485,000 $485,000 $13,894 6.13%

    For 2024, Inwood National Bank's most frequently originated type of loan was Conventional, with 176 originations. Their 2nd most popular type was FHA, with 5 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 140 $72,750,000 $519,643 $5,894 6.70%
    Home Improvement 13 $3,625,000 $278,846 $4,392 7.07%
    Refi 12 $3,550,000 $295,833 $5,412 7.18%
    Other 9 $5,955,000 $661,667 $11,290 6.96%
    Cash Out Refi 8 $2,550,000 $318,750 $4,400 6.34%

    For 2024, Inwood National Bank's most frequently cited loan purpose was Home Purchase, with 140 originations. The 2nd most popular reason was Home Improvement, with 13 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 115 $43,805,000 $380,913 $5,567 6.35%
    Other 30 $26,290,000 $876,333 $11,914 7.71%
    5 Year 13 $5,665,000 $435,769 $951 7.67%
    15 Year 11 $4,565,000 $415,000 $5,074 6.27%
    1 Year 5 $3,525,000 $705,000 $3,160 7.90%
    3 Year 5 $4,195,000 $839,000 $766 7.76%
    10 Year 3 $385,000 $128,333 $2,839 6.83%

    For 2024, Inwood National Bank's most frequently cited loan duration was 30 Year, with 115 originations. The 2nd most popular length was Other, with 30 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 120 $48,180,000 $401,500
    $1k-2k 10 $4,430,000 $443,000
    $5k+ 9 $11,175,000 $1,241,667
    $3k-4k 6 $2,640,000 $440,000
    $2k-3k 4 $1,500,000 $375,000
    $4k-5k 1 $375,000 $375,000

    Inwood National Bank's average total fees were $5,567, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 120 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 85 $34,285,000 $403,353
    7-8% 54 $27,510,000 $509,444
    5-6% 29 $9,925,000 $342,241
    Over 8% 8 $14,450,000 $1,806,250
    3-4% 5 $955,000 $191,000
    4-5% 1 $1,305,000 $1,305,000

    During 2024, Inwood National Bank's average interest rate for loans was 6.35%, while their most frequently originated rate bucket for loans was 6-7%, with 85 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 67 $19,055,000 $284,403 $4,896 6.59%
    $400k-600k 43 $21,235,000 $493,837 $5,854 6.79%
    $100k-200k 28 $4,600,000 $164,286 $3,472 6.56%
    $600k-1MM 21 $14,285,000 $680,238 $7,784 6.76%
    $1MM+ 16 $28,910,000 $1,806,875 $17,625 7.62%
    $100,000 or less 7 $345,000 $49,286 $1,526 6.86%

    2024 saw Inwood National Bank place emphasis on $200k-400k loans with 67 originations, totaling $19,055,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 56 $33,060,000 $590,357 $7,053 6.85%
    $150k-250k 36 $15,640,000 $434,444 $5,324 6.75%
    $50k-75k 30 $6,240,000 $208,000 $3,191 6.02%
    $100k-150k 23 $6,815,000 $296,304 $5,910 6.55%
    $75k-100k 7 $1,515,000 $216,429 $6,066 6.09%
    $50k or less 5 $685,000 $137,000 $1,998 6.93%

    Inwood National Bank lent most frequently to those with incomes in the $250k+ range, with 56 originations. The second most popular income band? $150k-250k, with 36 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 32 $13,060,000 $408,125 $5,556 6.71%
    30-36% 29 $10,675,000 $368,103 $4,478 6.37%
    <20% 21 $15,325,000 $729,762 $10,094 6.96%
    36% 10 $4,300,000 $430,000 $7,336 6.18%
    43% 9 $3,175,000 $352,778 $5,293 6.46%
    47% 7 $2,225,000 $317,857 $6,225 6.54%
    38% 6 $1,950,000 $325,000 $5,308 6.75%
    37% 6 $2,860,000 $476,667 $6,720 6.56%
    44% 6 $3,610,000 $601,667 $5,853 6.50%
    40% 6 $1,640,000 $273,333 $4,652 6.63%
    42% 6 $2,210,000 $368,333 $4,575 6.85%
    41% 5 $2,065,000 $413,000 $5,190 6.35%
    46% 5 $1,895,000 $379,000 $4,885 6.55%
    49% 4 $1,530,000 $382,500 $6,880 6.44%
    39% 3 $865,000 $288,333 $4,511 6.37%
    48% 2 $870,000 $435,000 $4,304 6.24%
    45% 2 $680,000 $340,000 $8,369 6.25%

    Inwood National Bank lent most frequently to those with DTI ratios of 20-30%, with 32 originations. The next most common DTI ratio? 30-36%, with 29 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 120 $52,080,000 $434,000 $5,770 6.70%
    Not applicable 21 $21,545,000 $1,025,952 $29,603 7.98%
    Not provided 23 $9,705,000 $421,957 $4,665 6.74%
    Black 15 $4,185,000 $279,000 $4,992 5.62%
    Asian 2 $710,000 $355,000 $4,756 6.00%
    Native Hawaiian or Islander 1 $205,000 $205,000 $3,194 6.00%

    Approval Rates

    Total approvals of all applications
    95.91%

    Inwood National Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    84.07%

    Inwood National Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 182 $88,430,000 $485,879

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    182 $88,430,000 $485,879

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 18 $6,560,000 $364,444 $5,052 7.22%
    40-60% 42 $15,670,000 $373,095 $4,613 6.55%
    60-80% 73 $46,065,000 $631,027 $6,850 6.81%
    80-100% 39 $18,485,000 $473,974 $7,072 6.62%
    Over 100% 1 $485,000 $485,000 $13,894 6.13%
    Under 20% 9 $1,165,000 $129,444 $2,219 7.04%