First National Bank Of Central Texas Mortgage Rates, Fees & Info
Waco, TXLEI: 549300B3LJV7BU7IY610
Tax ID: 74-0766260
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First National Bank Of Central Texas is a smaller bank specializing in Home Purchase and Refi loans. First National Bank Of Central Texas has a high proportion of conventional loans. Their top markets by origination volume include: Waco, College Station, Killeen, Houston, and Austin among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank Of Central Texas has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
257Origination Dollar Volume (All Markets)
$94,595,000Top 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 |
|---|---|---|---|---|---|
| WACO, TX (FHA|USDA|VA) | 157 | $53,145,000 | $338,503 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 33 | $12,345,000 | $374,091 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 15 | $10,885,000 | $725,667 | $0 | 0.00% |
| Outside of Metro Areas | 32 | $8,360,000 | $261,250 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 7 | $2,835,000 | $405,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $2,050,000 | $1,025,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 4 | $1,590,000 | $397,500 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $1,440,000 | $720,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $0 | 0.00% |
| Bay City, TX (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| Brenham, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Corsicana, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 257 | $94,595,000 | $368,074 | $0 | 0.00% |
For 2022, First National Bank Of Central Texas's most frequently originated type of loan was Conventional, with 257 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 171 | $66,915,000 | $391,316 | $0 | 0.00% |
| Refi | 82 | $26,930,000 | $328,415 | $0 | 0.00% |
| Home Improvement | 4 | $750,000 | $187,500 | $0 | 0.00% |
For 2022, First National Bank Of Central Texas's most frequently cited loan purpose was Home Purchase, with 171 originations. The 2nd most popular reason was Refi, with 82 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 257 | $94,595,000 | $368,074 | $0 | 0.00% |
For 2022, First National Bank Of Central Texas's most frequently cited loan duration was Other, with 257 originations.
Loan Sizing
2022 saw First National Bank Of Central Texas place emphasis on $200k-400k loans with 89 originations, totaling $25,425,000 in origination value.
Applicant Income
First National Bank Of Central Texas lent most frequently to those with incomes in the $250k+ range, with 48 originations. The second most popular income band? $150k-250k, with 46 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 257 | $94,595,000 | $368,074 | $0 | 0.00% |
First National Bank Of Central Texas lent most frequently to those with DTI ratios of Exempt%, with 257 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.59%
First National Bank Of Central Texas has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination90.27%
First National Bank Of Central Texas has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 257 | $94,595,000 | $368,074 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |