H E B Mortgage Rates, Fees & Info
San Antonio, TXLEI: 549300D8S1ETG70FFW35
Tax ID: 74-6067520
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
H E B is a smaller mortgage company specializing in Home Purchase and Refi loans. H E B has a high proportion of conventional loans. Their top markets by origination volume include: San Antonio, Austin, Houston, Dallas, and Mcallen among others. We have data for 22 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.
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.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 15 Year Conventional Purchase | 5.68% | 5/19/24 |
| 15 Year Conventional Refi | 7.19% | 5/19/24 |
| 15 Year Cash-out Refi | 7.19% | 5/19/24 |
| 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
150Origination Dollar Volume (All Markets)
$23,360,000Top 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 | $7,085,000 | $124,298 | $1,135 | 5.67% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 19 | $4,345,000 | $228,684 | $2,630 | 5.31% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 22 | $3,710,000 | $168,636 | $40,808 | 5.69% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 8 | $3,020,000 | $377,500 | $5,126 | 4.18% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 12 | $1,280,000 | $106,667 | $1,189 | 5.90% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 7 | $755,000 | $107,857 | $1,302 | 4.37% |
| Outside of Metro Areas | 4 | $710,000 | $177,500 | $1,959 | 4.02% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $5,251 | 4.28% |
| VICTORIA, TX (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $1,661 | 4.54% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,187 | 4.28% |
| WACO, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,678 | 2.28% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 3 | $155,000 | $51,667 | $544 | 4.42% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,723 | 2.89% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $494 | 5.84% |
| Kingsville, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.00% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $591 | 6.44% |
| Big Spring, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $434 | 7.49% |
| Stephenville, TX (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $559 | 4.59% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $534 | 5.93% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 4.48% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $2,585 | 5.28% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $234 | 6.98% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 148 | $23,170,000 | $156,554 | $7,599 | 5.36% |
| HELOC | 2 | $190,000 | $95,000 | n/a | 6.25% |
For 2022, H E B's most frequently originated type of loan was Conventional, with 148 originations. Their 2nd most popular type was HELOC, with 2 originations.
Loan Reason
For 2022, H E B's most frequently cited loan purpose was Other, with 56 originations. The 2nd most popular reason was Home Improvement, with 40 originations.
Loan Duration/Length
For 2022, H E B's most frequently cited loan duration was 15 Year, with 70 originations. The 2nd most popular length was Other, with 37 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 107 | $8,545,000 | $79,860 |
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 107 originations.
Interest Rates
During 2022, H E B's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 6-7%, with 44 originations.
Loan Sizing
2022 saw H E B place emphasis on $100,000 or less loans with 97 originations, totaling $5,945,000 in origination value.
Applicant Income
H E B lent most frequently to those with incomes in the $150k-250k range, with 45 originations. The second most popular income band? $100k-150k, with 39 originations.
Applicant Debt to Income Ratio
H E B lent most frequently to those with DTI ratios of 30-36%, with 28 originations. The next most common DTI ratio? 20-30%, with 26 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications71.56%
H E B has a below average approval rate.
Pick Rate
Approvals leading to origination54.67%
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 | 150 | $23,360,000 | $155,733 |