Texas National Bank Mortgage Rates, Fees & Info
Mercedes, TXLEI: 549300BG31WZXGJRH472
Tax ID: 74-0780455
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Texas National Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Texas National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Mcallen, Nashville, Brownsville, San Antonio, and Clarksville among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Texas 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.
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Originations
138Origination Dollar Volume (All Markets)
$66,960,000Top 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 |
|---|---|---|---|---|---|
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 65 | $29,725,000 | $457,308 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 44 | $13,870,000 | $315,227 | $0 | 0.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 22 | $11,150,000 | $506,818 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $10,795,000 | $10,795,000 | $0 | 0.00% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $0 | 0.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $245,000 | $245,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 138 | $66,960,000 | $485,217 | $0 | 0.00% |
For 2024, Texas National Bank's most frequently originated type of loan was Conventional, with 138 originations.
Loan Reason
For 2024, Texas National Bank's most frequently cited loan purpose was Home Purchase, with 90 originations. The 2nd most popular reason was Cash Out Refi, with 31 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 138 | $66,960,000 | $485,217 | $0 | 0.00% |
For 2024, Texas National Bank's most frequently cited loan duration was Other, with 138 originations.
Loan Sizing
2024 saw Texas National Bank place emphasis on $200k-400k loans with 80 originations, totaling $22,560,000 in origination value.
Applicant Income
Texas National Bank lent most frequently to those with incomes in the $100k-150k range, with 39 originations. The second most popular income band? $75k-100k, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 138 | $66,960,000 | $485,217 | $0 | 0.00% |
Texas National Bank lent most frequently to those with DTI ratios of Exempt%, with 138 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.84%
Texas National Bank has an average approval rate.
Pick Rate
Approvals leading to origination69.57%
Texas 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 | 138 | $66,960,000 | $485,217 |