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 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, Fredericksburg, and Ruidoso among others. We have data for 8 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 a below average pick rate when compared to similar lenders.
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Originations
126Origination Dollar Volume (All Markets)
$44,090,000Top 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) | 49 | $19,735,000 | $402,755 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 28 | $10,470,000 | $373,929 | $0 | 0.00% |
| SAN ANGELO, TX (FHA|USDA|VA) | 34 | $7,600,000 | $223,529 | $0 | 0.00% |
| Outside of Metro Areas | 10 | $3,480,000 | $348,000 | $0 | 0.00% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $1,195,000 | $1,195,000 | $0 | 0.00% |
| Ruidoso, NM (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $0 | 0.00% |
| Rockport, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 126 | $44,090,000 | $349,921 | $0 | 0.00% |
For 2022, The First National Bank Of Sonora's most frequently originated type of loan was Conventional, with 126 originations.
Loan Reason
For 2022, The First National Bank Of Sonora's most frequently cited loan purpose was Home Purchase, with 78 originations. The 2nd most popular reason was Refi, with 27 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 126 | $44,090,000 | $349,921 | $0 | 0.00% |
For 2022, The First National Bank Of Sonora's most frequently cited loan duration was Other, with 126 originations.
Loan Sizing
2022 saw The First National Bank Of Sonora place emphasis on $200k-400k loans with 39 originations, totaling $10,965,000 in origination value.
Applicant Income
The First National Bank Of Sonora lent most frequently to those with incomes in the $250k+ range, with 24 originations. The second most popular income band? $150k-250k, with 22 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 126 | $44,090,000 | $349,921 | $0 | 0.00% |
The First National Bank Of Sonora lent most frequently to those with DTI ratios of Exempt%, with 126 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.33%
The First National Bank Of Sonora has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination84.13%
The First National Bank Of Sonora has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 126 | $44,090,000 | $349,921 |