H E B Mortgage Rates, Fees & Info
San Antonio, TXLEI: 549300D8S1ETG70FFW35
Tax ID: 74-6067520
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
H E B is a smaller mortgage company specializing in Refi and Other loans. H E B has a high proportion of conventional loans. Their top markets by origination volume include: San Antonio, Austin, Houston, Dallas, and Corpus Christi among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)H E B has a below 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
158Origination Dollar Volume (All Markets)
$28,450,000Top 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) | 57 | $8,925,000 | $156,579 | $1,026 | 3.76% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 24 | $5,480,000 | $228,333 | $2,290 | 2.97% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 20 | $4,490,000 | $224,500 | $2,428 | 3.32% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 10 | $2,900,000 | $290,000 | $2,664 | 3.39% |
| Outside of Metro Areas | 5 | $2,225,000 | $445,000 | $2,246 | 5.32% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 8 | $910,000 | $113,750 | $1,296 | 4.18% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 9 | $775,000 | $86,111 | $498 | 3.66% |
| MIDLAND, TX (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $3,045 | 3.18% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 7 | $645,000 | $92,143 | $960 | 3.49% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,013 | 2.28% |
| WACO, TX (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $304 | 3.86% |
| Bay City, TX (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $396 | 3.05% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,953 | 2.28% |
| LAREDO, TX (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $491 | 3.85% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $1,066 | 3.78% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $491 | 3.82% |
| El Campo, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $491 | 3.83% |
| Rio Grande City-Roma, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $491 | 3.71% |
| Corsicana, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $507 | 3.93% |
| Raymondville, TX (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $491 | 3.91% |
| Kingsville, TX (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $516 | 4.47% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 158 | $28,450,000 | $180,063 | $1,540 | 3.58% |
For 2021, H E B's most frequently originated type of loan was Conventional, with 158 originations.
Loan Reason
For 2021, H E B's most frequently cited loan purpose was Refi, with 71 originations. The 2nd most popular reason was Other, with 47 originations.
Loan Duration/Length
For 2021, H E B's most frequently cited loan duration was 15 Year, with 90 originations. The 2nd most popular length was Other, with 41 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 106 | $11,930,000 | $112,547 |
| $1k-2k | 2 | $450,000 | $225,000 |
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 106 originations.
Interest Rates
During 2021, H E B's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 3-4%, with 80 originations.
Loan Sizing
2021 saw H E B place emphasis on $100,000 or less loans with 79 originations, totaling $5,195,000 in origination value.
Applicant Income
H E B lent most frequently to those with incomes in the $150k-250k range, with 34 originations. The second most popular income band? $100k-150k, with 31 originations.
Applicant Debt to Income Ratio
H E B lent most frequently to those with DTI ratios of 20-30%, with 48 originations. The next most common DTI ratio? 30-36%, with 27 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications69.63%
H E B has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination64.56%
H E B has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 158 | $28,450,000 | $180,063 |