The Jacksboro National Bank Mortgage Rates, Fees & Info
Jacksboro, TXLEI: 549300C720KB2QRAC051
Tax ID: 75-0357838
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Mortgage Data
Review & Overview
The Jacksboro National Bank is a smaller bank specializing in Home Purchase and Home Improvement loans. The Jacksboro National Bank 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: Wichita Falls, Dallas, Ruidoso, Hobbs, and Mineral Wells among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)The Jacksboro 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
201Origination Dollar Volume (All Markets)
$57,445,000Top 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 |
|---|---|---|---|---|---|
| WICHITA FALLS, TX (FHA|USDA|VA) | 118 | $25,180,000 | $213,390 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 18 | $18,940,000 | $1,052,222 | $0 | 0.00% |
| Outside of Metro Areas | 51 | $10,035,000 | $196,765 | $0 | 0.00% |
| Ruidoso, NM (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $0 | 0.00% |
| Hobbs, NM (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $0 | 0.00% |
| Mineral Wells, TX (FHA|USDA|VA) | 4 | $570,000 | $142,500 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Stephenville, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
For 2022, The Jacksboro National Bank's most frequently originated type of loan was Conventional, with 145 originations. Their 2nd most popular type was FHA, with 32 originations.
Loan Reason
For 2022, The Jacksboro National Bank's most frequently cited loan purpose was Home Purchase, with 142 originations. The 2nd most popular reason was Refi, with 29 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 201 | $57,445,000 | $285,796 | $0 | 0.00% |
For 2022, The Jacksboro National Bank's most frequently cited loan duration was Other, with 201 originations.
Loan Sizing
2022 saw The Jacksboro National Bank place emphasis on $100k-200k loans with 79 originations, totaling $11,625,000 in origination value.
Applicant Income
The Jacksboro National Bank lent most frequently to those with incomes in the $75k-100k range, with 50 originations. The second most popular income band? $50k-75k, with 45 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 201 | $57,445,000 | $285,796 | $0 | 0.00% |
The Jacksboro National Bank lent most frequently to those with DTI ratios of Exempt%, with 201 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.25%
The Jacksboro 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 origination88.56%
The Jacksboro National Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 201 | $57,445,000 | $285,796 |