H E B Mortgage Rates, Fees & Info

San Antonio, TX

LEI: 549300D8S1ETG70FFW35

Tax ID: 74-6067520

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    H E B is a smaller mortgage company specializing in Refi loans. H E B has a high proportion of conventional loans. Their top markets by origination volume include: San Antonio, Mcallen, Austin, Houston, and Corpus Christi among others. We have data for 18 markets. (Some data included below & more in-depth data is available with an active subscription.)

    H E B has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.

    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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    15 Year Conventional Purchase 5.68% 12/16/24
    15 Year Conventional Refi 7.19% 12/16/24
    15 Year Cash-out Refi 7.19% 12/16/24
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    H E B Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from H E B. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    172

    Origination Dollar Volume (All Markets)

    $13,230,000

    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
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 53 $4,395,000 $82,925 $1,472 5.22%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 26 $1,410,000 $54,231 $374 5.13%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 15 $1,405,000 $93,667 $1,310 5.98%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 13 $1,365,000 $105,000 $1,714 5.17%
    Outside of Metro Areas 15 $1,315,000 $87,667 $1,437 4.95%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 10 $560,000 $56,000 $436 4.83%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 9 $535,000 $59,444 $1,512 5.05%
    LAREDO, TX (FHA|USDA|VA) 8 $480,000 $60,000 $5 5.47%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 5 $435,000 $87,000 $889 5.27%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 4 $350,000 $87,500 $8,730 5.95%
    WACO, TX (FHA|USDA|VA) 5 $265,000 $53,000 $1,714 5.94%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $235,000 $235,000 $6,058 3.98%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $210,000 $105,000 $5,697 4.91%
    MIDLAND, TX (FHA|USDA|VA) 1 $95,000 $95,000 $0 7.48%
    Corsicana, TX (FHA|USDA|VA) 2 $70,000 $35,000 $0 4.63%
    Nacogdoches, TX (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.24%
    Uvalde, TX (FHA|USDA|VA) 1 $35,000 $35,000 $611 5.40%
    Kingsville, TX (FHA|USDA|VA) 1 $35,000 $35,000 $0 4.86%
    H E B's top markets include San Antonio, Mcallen, Austin, Houston, and Corpus Christi among others.

    Their top states include:
  • Texas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 172 $13,230,000 $76,919 $1,393 5.28%

    For 2018, H E B's most frequently originated type of loan was Conventional, with 172 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 78 $6,330,000 $81,154 $1,558 5.13%
    Cash Out Refi 31 $1,815,000 $58,548 $437 5.44%
    Home Improvement 29 $1,685,000 $58,103 $456 5.58%
    Other 19 $835,000 $43,947 $434 6.00%
    Home Purchase 15 $2,565,000 $171,000 $3,527 4.17%

    For 2018, H E B's most frequently cited loan purpose was Refi, with 78 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
    15 Year 76 $6,110,000 $80,395 $1,319 5.82%
    5 Year 41 $1,815,000 $44,268 $742 4.50%
    10 Year 34 $1,840,000 $54,118 $573 5.77%
    Other 21 $3,465,000 $165,000 $2,960 4.04%

    For 2018, H E B's most frequently cited loan duration was 15 Year, with 76 originations. The 2nd most popular length was 5 Year, with 41 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 81 $5,705,000 $70,432

    H E B's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 81 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 79 $5,905,000 $74,747
    4-5% 44 $2,100,000 $47,727
    3-4% 23 $3,455,000 $150,217
    7-8% 14 $830,000 $59,286
    6-7% 6 $250,000 $41,667
    2.5-3% 3 $555,000 $185,000
    Over 8% 3 $135,000 $45,000

    During 2018, H E B's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 5-6%, with 79 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 144 $7,720,000 $53,611 $312 5.43%
    $100k-200k 19 $3,035,000 $159,737 $4,326 4.66%
    $200k-400k 9 $2,475,000 $275,000 $4,964 4.15%

    2018 saw H E B place emphasis on $100,000 or less loans with 144 originations, totaling $7,720,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 44 $1,710,000 $38,864 $86 5.25%
    $100k-150k 33 $3,215,000 $97,424 $2,013 5.29%
    $150k-250k 32 $3,240,000 $101,250 $1,421 5.10%
    $75k-100k 30 $2,250,000 $75,000 $695 5.28%
    $50k-75k 27 $1,745,000 $64,630 $1,134 5.63%
    $250k+ 6 $1,070,000 $178,333 $5,700 4.70%

    H E B lent most frequently to those with incomes in the $50k or less range, with 44 originations. The second most popular income band? $100k-150k, with 33 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 46 $4,140,000 $90,000 $1,347 5.05%
    30-36% 35 $2,565,000 $73,286 $1,434 5.03%
    <20% 22 $1,880,000 $85,455 $2,074 4.79%
    45% 7 $425,000 $60,714 $0 5.82%
    37% 7 $465,000 $66,429 $1,184 5.85%
    38% 7 $245,000 $35,000 $90 5.69%
    43% 7 $275,000 $39,286 $407 5.87%
    44% 6 $450,000 $75,000 $222 6.97%
    39% 5 $285,000 $57,000 $0 6.04%
    48% 5 $515,000 $103,000 $1,094 5.55%
    41% 4 $200,000 $50,000 $225 5.94%
    46% 4 $340,000 $85,000 $5,018 5.31%
    47% 4 $520,000 $130,000 $3,513 5.17%
    42% 3 $385,000 $128,333 $762 5.04%
    36% 3 $165,000 $55,000 $385 5.37%
    49% 2 $110,000 $55,000 $0 4.57%
    >60% 2 $110,000 $55,000 $0 4.83%
    40% 1 $25,000 $25,000 $0 5.58%
    50-60% 1 $35,000 $35,000 $0 4.78%

    H E B lent most frequently to those with DTI ratios of 20-30%, with 46 originations. The next most common DTI ratio? 30-36%, with 35 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 153 $11,455,000 $74,869 $1,123 5.24%
    Not provided 8 $820,000 $102,500 $1,528 5.55%
    Asian 3 $375,000 $125,000 $7,081 4.64%
    Black 6 $350,000 $58,333 $2,922 5.82%
    Vietnamese 1 $185,000 $185,000 $3,283 5.52%
    American Indian 1 $45,000 $45,000 $0 6.98%

    Approval Rates

    Total approvals of all applications
    77.07%

    H E B has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    85.47%

    H E B has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 23 $1,465,000 $63,696
    NA 149 $11,765,000 $78,960

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 172 $13,230,000 $76,919

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 37 $1,865,000 $50,405 $1,183 5.71%
    40-60% 23 $1,585,000 $68,913 $628 4.97%
    60-80% 57 $6,625,000 $116,228 $2,470 4.96%
    80-100% 15 $1,205,000 $80,333 $737 5.23%
    Under 20% 40 $1,950,000 $48,750 $518 5.52%