First National Bank And Trust Company Mortgage Rates, Fees & Info
SHAWNEE, OKLEI: 549300CKJ4DTUYAZXI11
Tax ID: 73-1210302
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
First National Bank And Trust Company is a smaller bank specializing in Home Purchase and Refi loans. First National Bank And Trust Company 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: Oklahoma City, Stillwater, Lawton, Shawnee, and Tulsa among others. We have data for 22 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank And Trust Company 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. First National Bank And Trust Company 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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
446Origination Dollar Volume (All Markets)
$145,300,000Relative Rate
First National Bank And Trust Company's average 30 year fixed mortgage rate was
6.8%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.32%.
Relative Fees (Closing Costs)
First National Bank And Trust Company's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,660.
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 |
|---|---|---|---|---|---|
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 323 | $97,655,000 | $302,337 | $6,450 | 7.31% |
| Stillwater, OK (FHA|USDA|VA) | 3 | $21,325,000 | $7,108,333 | $0 | 7.00% |
| LAWTON, OK (FHA|USDA|VA) | 39 | $7,795,000 | $199,872 | $6,733 | 7.71% |
| Shawnee, OK (FHA|USDA|VA) | 28 | $5,660,000 | $202,143 | $5,123 | 7.42% |
| TULSA, OK (FHA|USDA|VA) | 12 | $3,650,000 | $304,167 | $9,207 | 6.98% |
| Outside of Metro Areas | 24 | $3,630,000 | $151,250 | $4,445 | 7.94% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $1,295,000 | $1,295,000 | $0 | 8.25% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $0 | 7.75% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $3,877 | 7.25% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,260 | 7.00% |
| Kearney, NE (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,760 | 7.13% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 8.00% |
| Ardmore, OK (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $6,835 | 6.88% |
| Durant, OK (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $11,150 | 6.38% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 8.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,895 | 7.63% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,862 | 5.13% |
| Duncan, OK (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $5,623 | 8.06% |
| GREAT FALLS, MT (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,024 | 6.75% |
| Altus, OK (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $6,319 | 6.13% |
| Elk City, OK (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 8.75% |
| AKRON, OH (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 8.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against First National Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 144
Similarity Rank: 154
Similarity Rank: 216
Similarity Rank: 220
Similarity Rank: 335
Similarity Rank: 396
Similarity Rank: 576
Similarity Rank: 864
Similarity Rank: 867
Similarity Rank: 1020
Product Mix
For 2023, First National Bank And Trust Company's most frequently originated type of loan was Conventional, with 311 originations. Their 2nd most popular type was FHA, with 61 originations.
Loan Reason
For 2023, First National Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 312 originations. The 2nd most popular reason was Refi, with 106 originations.
Loan Duration/Length
For 2023, First National Bank And Trust Company's most frequently cited loan duration was 30 Year, with 276 originations. The 2nd most popular length was Other, with 146 originations.
Origination Fees/Closing Costs
First National Bank And Trust Company's average total fees were $6,660, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 146 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 157 | $66,265,000 | $422,070 |
| 7-8% | 148 | $43,160,000 | $291,622 |
| Over 8% | 109 | $24,945,000 | $228,853 |
| 5-6% | 32 | $10,930,000 | $341,563 |
During 2023, First National Bank And Trust Company's average interest rate for loans was 6.80%, while their most frequently originated rate bucket for loans was 6-7%, with 157 originations.
Loan Sizing
2023 saw First National Bank And Trust Company place emphasis on $200k-400k loans with 175 originations, totaling $47,745,000 in origination value.
Applicant Income
First National Bank And Trust Company lent most frequently to those with incomes in the $150k-250k range, with 74 originations. The second most popular income band? $100k-150k, with 71 originations.
Applicant Debt to Income Ratio
First National Bank And Trust Company lent most frequently to those with DTI ratios of 30-36%, with 62 originations. The next most common DTI ratio? 20-30%, with 54 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.71%
First National Bank And Trust Company has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination88.34%
First National Bank And Trust Company has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 446 | $145,300,000 | $325,785 |