The First National Bank Of Sonora Mortgage Rates, Fees & Info
Sonora, TXLEI: 549300CUL44QXBGFJM68
Tax ID: 75-0568556
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
The First National Bank Of Sonora is a smaller bank specializing in Home Purchase and Refi loans. The First National Bank Of Sonora has a high proportion of conventional loans. Their top markets by origination volume include: San Antonio, Austin, San Angelo, Santa Fe, and Midland among others. We have data for 13 markets. (Some data included below & more in-depth data is available with an active subscription.)The First National Bank Of Sonora 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
85Origination Dollar Volume (All Markets)
$33,905,000Top 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 |
|---|---|---|---|---|---|
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 35 | $16,025,000 | $457,857 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 15 | $6,705,000 | $447,000 | $0 | 0.00% |
| Outside of Metro Areas | 9 | $3,345,000 | $371,667 | $0 | 0.00% |
| SAN ANGELO, TX (FHA|USDA|VA) | 16 | $2,810,000 | $175,625 | $0 | 0.00% |
| SANTA FE, NM (FHA|USDA|VA) | 2 | $2,560,000 | $1,280,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $0 | 0.00% |
| Carlsbad-Artesia, NM (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| Las Vegas, NM (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Del Rio, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 85 | $33,905,000 | $398,882 | $0 | 0.00% |
For 2023, The First National Bank Of Sonora's most frequently originated type of loan was Conventional, with 85 originations.
Loan Reason
For 2023, The First National Bank Of Sonora's most frequently cited loan purpose was Home Purchase, with 56 originations. The 2nd most popular reason was Refi, with 19 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 85 | $33,905,000 | $398,882 | $0 | 0.00% |
For 2023, The First National Bank Of Sonora's most frequently cited loan duration was Other, with 85 originations.
Loan Sizing
2023 saw The First National Bank Of Sonora place emphasis on $200k-400k loans with 24 originations, totaling $6,580,000 in origination value.
Applicant Income
The First National Bank Of Sonora lent most frequently to those with incomes in the $250k+ range, with 29 originations. The second most popular income band? $150k-250k, with 13 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 85 | $33,905,000 | $398,882 | $0 | 0.00% |
The First National Bank Of Sonora lent most frequently to those with DTI ratios of Exempt%, with 85 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.62%
The First National Bank Of Sonora has an average approval rate.
Pick Rate
Approvals leading to origination96.47%
The First National Bank Of Sonora has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 85 | $33,905,000 | $398,882 |