First National Bank In Deridder Mortgage Rates, Fees & Info
Deridder, LALEI: 549300DB8DXY0GE82T18
Tax ID: 72-0168925
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First National Bank In Deridder is a smaller bank specializing in Home Purchase loans. First National Bank In Deridder has a high proportion of conventional loans. Their top markets by origination volume include: Deridder, Lake Charles, Daphne, Fort Polk South, and Houston among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank In Deridder 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
94Origination Dollar Volume (All Markets)
$55,020,000Top 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 |
|---|---|---|---|---|---|
| DeRidder, LA (FHA|USDA|VA) | 37 | $42,095,000 | $1,137,703 | $0 | 0.00% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 27 | $6,915,000 | $256,111 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $1,865,000 | $1,865,000 | $0 | 0.00% |
| Fort Polk South, LA (FHA|USDA|VA) | 15 | $1,635,000 | $109,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $1,060,000 | $530,000 | $0 | 0.00% |
| Outside of Metro Areas | 8 | $850,000 | $106,250 | $0 | 0.00% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Natchitoches, LA (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 94 | $55,020,000 | $585,319 | $0 | 0.00% |
For 2024, First National Bank In Deridder's most frequently originated type of loan was Conventional, with 94 originations.
Loan Reason
For 2024, First National Bank In Deridder's most frequently cited loan purpose was Home Purchase, with 59 originations. The 2nd most popular reason was Refi, with 16 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 94 | $55,020,000 | $585,319 | $0 | 0.00% |
For 2024, First National Bank In Deridder's most frequently cited loan duration was Other, with 94 originations.
Loan Sizing
2024 saw First National Bank In Deridder place emphasis on $100,000 or less loans with 40 originations, totaling $2,110,000 in origination value.
Applicant Income
First National Bank In Deridder lent most frequently to those with incomes in the $150k-250k range, with 17 originations. The second most popular income band? $100k-150k, with 16 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 94 | $55,020,000 | $585,319 | $0 | 0.00% |
First National Bank In Deridder lent most frequently to those with DTI ratios of Exempt%, with 94 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.21%
First National Bank In Deridder has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination64.89%
First National Bank In Deridder 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 |
|---|---|---|---|
| Exempt | 94 | $55,020,000 | $585,319 |