First United Bank And Trust Company Mortgage Rates, Fees & Info

Durant, OK

LEI: 549300DMHEHNYZ2OLB41

Tax ID: 73-0222372

4.5 stars - Updated: 5/14/24 - out of 5 stars, based on 84 reviews

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

Jump to:

Mortgage Data

Review & Overview

First United Bank And Trust Company is a small bank specializing in Home Purchase loans. First United Bank And Trust Company has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Dallas, Austin, Oklahoma City, Tulsa, and Houston among others. We have data for 138 markets. (Some data included below & more in-depth data is available with an active subscription.)

First United Bank And Trust Company 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. First United Bank And Trust Company is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.

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
Home Equity Line of Credit (HELOC) 7.02% 5/14/24
30 Year Conventional Purchase 6.55% 5/14/24
30 Year Conventional Refi 6.56% 5/14/24
30 Year Cash-out Refi 6.70% 5/14/24
30 Year FHA Purchase 7.63% 5/14/24
30 Year FHA Refi 7.56% 5/14/24
30 Year VA Purchase 6.38% 5/14/24
30 Year VA Refi 6.40% 5/14/24
30 Year USDA Purchase 6.88% 5/14/24
15 Year Conventional Purchase 6.49% 5/14/24
15 Year Conventional Refi 6.47% 5/14/24
15 Year Cash-out Refi 6.47% 5/14/24
15 Year FHA Purchase 7.07% 5/14/24
15 Year FHA Refi 7.37% 5/14/24
15 Year VA Purchase 6.09% 5/14/24
15 Year VA Refi 5.69% 5/14/24
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.

First United Bank And Trust Company Mortgage Calculator






Your Estimates

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

This is not an official calculator from First United Bank And Trust Company. 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

7,024

Origination Dollar Volume (All Markets)

$2,472,510,000
Show all (7) awards

Relative Rate

First United Bank And Trust Company's average 30 year fixed mortgage rate was 6.86%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.38%.

Relative Fees (Closing Costs)

First United Bank And Trust Company's average total fees/closing costs for a 30 year fixed rate mortgage were $8,441.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $9,089.

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
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1,366 $740,380,000 $542,006 $9,997 7.18%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 542 $437,240,000 $806,716 $10,425 6.82%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1,695 $373,875,000 $220,575 $6,936 7.68%
TULSA, OK (FHA|USDA|VA) 713 $191,115,000 $268,043 $8,565 6.93%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 264 $130,100,000 $492,803 $9,201 6.78%
Outside of Metro Areas 529 $118,245,000 $223,526 $6,389 8.02%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 187 $83,195,000 $444,893 $10,760 7.07%
SHERMAN-DENISON, TX (FHA|USDA|VA) 276 $67,220,000 $243,551 $7,106 7.89%
LAWTON, OK (FHA|USDA|VA) 235 $48,385,000 $205,894 $7,401 6.81%
Durant, OK (FHA|USDA|VA) 291 $46,975,000 $161,426 $5,246 8.53%
Shawnee, OK (FHA|USDA|VA) 261 $42,675,000 $163,506 $5,363 8.01%
WACO, TX (FHA|USDA|VA) 10 $19,750,000 $1,975,000 $8,976 7.57%
Ada, OK (FHA|USDA|VA) 99 $14,095,000 $142,374 $5,346 7.91%
Bonham, TX (FHA|USDA|VA) 63 $12,685,000 $201,349 $6,309 8.01%
Ardmore, OK (FHA|USDA|VA) 56 $12,270,000 $219,107 $6,859 7.64%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 44 $11,720,000 $266,364 $10,952 7.19%
Fredericksburg, TX (FHA|USDA|VA) 25 $10,645,000 $425,800 $8,568 7.49%
Gainesville, TX (FHA|USDA|VA) 29 $9,675,000 $333,621 $7,219 7.68%
CORPUS CHRISTI, TX (FHA|USDA|VA) 12 $7,200,000 $600,000 $13,160 7.14%
McAlester, OK (FHA|USDA|VA) 41 $6,715,000 $163,780 $6,210 7.84%
Granbury, TX (FHA|USDA|VA) 15 $4,445,000 $296,333 $8,185 7.18%
Athens, TX (FHA|USDA|VA) 8 $3,910,000 $488,750 $8,142 7.76%
Muskogee, OK (FHA|USDA|VA) 15 $3,385,000 $225,667 $8,056 6.88%
Mineral Wells, TX (FHA|USDA|VA) 8 $3,370,000 $421,250 $10,618 7.00%
Stillwater, OK (FHA|USDA|VA) 15 $3,235,000 $215,667 $7,988 7.19%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 6 $2,490,000 $415,000 $8,134 6.45%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $2,185,000 $728,333 $6,896 7.21%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $2,175,000 $435,000 $5,862 6.88%
Duncan, OK (FHA|USDA|VA) 11 $2,125,000 $193,182 $7,565 7.35%
ENID, OK (FHA|USDA|VA) 9 $1,715,000 $190,556 $5,357 7.01%
KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $1,650,000 $412,500 $3,114 6.94%
LUBBOCK, TX (FHA|USDA|VA) 11 $1,625,000 $147,727 $10,662 8.22%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $1,585,000 $528,333 $5,008 7.04%
Kerrville, TX (FHA|USDA|VA) 5 $1,575,000 $315,000 $7,787 7.18%
Brenham, TX (FHA|USDA|VA) 1 $1,565,000 $1,565,000 $13,558 6.19%
TYLER, TX (FHA|USDA|VA) 4 $1,520,000 $380,000 $11,366 6.69%
ASHEVILLE, NC (FHA|USDA|VA) 2 $1,500,000 $750,000 $6,937 6.94%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 4 $1,490,000 $372,500 $5,357 7.13%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 5 $1,475,000 $295,000 $6,866 7.23%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 2 $1,420,000 $710,000 $10,933 7.56%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 3 $1,265,000 $421,667 $19,795 6.42%
Glenwood Springs, CO (FHA|USDA|VA) 2 $1,200,000 $600,000 $0 6.88%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $1,105,000 $1,105,000 $18,783 6.13%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $1,010,000 $505,000 $12,825 6.44%
Bartlesville, OK (FHA|USDA|VA) 7 $995,000 $142,143 $6,972 7.30%
ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $975,000 $325,000 $7,254 6.83%
Altus, OK (FHA|USDA|VA) 4 $970,000 $242,500 $8,033 6.56%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 2 $930,000 $465,000 $9,011 7.88%
Tahlequah, OK (FHA|USDA|VA) 5 $895,000 $179,000 $6,563 7.20%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $820,000 $410,000 $3,779 7.31%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $810,000 $405,000 $0 8.19%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $755,000 $251,667 $7,826 7.21%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $725,000 $725,000 $27,450 7.63%
Montrose, CO (FHA|USDA|VA) 1 $725,000 $725,000 $6,751 7.63%
WILMINGTON, NC (FHA|USDA|VA) 1 $725,000 $725,000 $12,022 7.13%
COLUMBUS, OH (FHA|USDA|VA) 1 $715,000 $715,000 $5,572 6.50%
PANAMA CITY, FL (FHA|USDA|VA) 2 $670,000 $335,000 $8,919 6.13%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $670,000 $335,000 $3,825 7.19%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $650,000 $325,000 $8,233 6.81%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $650,000 $325,000 $4,115 7.50%
Huntsville, TX (FHA|USDA|VA) 2 $640,000 $320,000 $9,829 6.97%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $630,000 $315,000 $7,715 7.06%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $620,000 $310,000 $12,523 6.94%
SANTA FE, NM (FHA|USDA|VA) 1 $605,000 $605,000 $4,185 8.13%
Albertville, AL (FHA|USDA|VA) 1 $575,000 $575,000 $7,792 6.88%
Mount Pleasant, TX (FHA|USDA|VA) 1 $565,000 $565,000 $10,307 7.13%
TUCSON, AZ (FHA|USDA|VA) 2 $560,000 $280,000 $4,810 6.88%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $555,000 $555,000 $4,581 5.88%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $545,000 $181,667 $4,279 7.58%
Ponca City, OK (FHA|USDA|VA) 4 $540,000 $135,000 $6,237 7.91%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $535,000 $535,000 $0 8.13%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $525,000 $525,000 $6,871 8.13%
Paris, TX (FHA|USDA|VA) 4 $510,000 $127,500 $4,790 8.31%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $505,000 $505,000 $5,420 6.38%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $495,000 $495,000 $5,880 7.88%
CHICO, CA (FHA|USDA|VA) 1 $485,000 $485,000 $5,096 7.88%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $485,000 $485,000 $10,021 6.38%
BATON ROUGE, LA (FHA|USDA|VA) 1 $485,000 $485,000 $16,851 7.13%
WICHITA FALLS, TX (FHA|USDA|VA) 3 $475,000 $158,333 $5,171 7.21%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $460,000 $230,000 $6,868 7.13%
EL PASO, TX (FHA|USDA|VA) 2 $460,000 $230,000 $8,167 6.69%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $455,000 $455,000 $6,149 6.38%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $455,000 $455,000 $10,506 6.88%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $455,000 $455,000 $6,876 8.13%
Corsicana, TX (FHA|USDA|VA) 2 $440,000 $220,000 $7,923 6.94%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $435,000 $435,000 $11,083 6.88%
WICHITA, KS (FHA|USDA|VA) 2 $430,000 $215,000 $5,306 6.56%
Nacogdoches, TX (FHA|USDA|VA) 2 $420,000 $210,000 $5,792 6.19%
Weatherford, OK (FHA|USDA|VA) 2 $410,000 $205,000 $4,584 7.06%
FORT SMITH, AR-OK (FHA|USDA|VA) 2 $410,000 $205,000 $9,609 7.50%
TEXARKANA, TX-AR (FHA|USDA|VA) 2 $410,000 $205,000 $6,719 7.19%
PITTSBURGH, PA (FHA|USDA|VA) 1 $395,000 $395,000 $8,178 6.88%
APPLETON, WI (FHA|USDA|VA) 1 $385,000 $385,000 $4,709 8.63%
ABILENE, TX (FHA|USDA|VA) 1 $385,000 $385,000 $5,399 7.13%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $365,000 $365,000 $4,057 6.63%
Jacksonville, TX (FHA|USDA|VA) 1 $355,000 $355,000 $12,735 7.38%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $355,000 $355,000 $1,739 6.13%
MIDLAND, TX (FHA|USDA|VA) 1 $345,000 $345,000 $7,976 6.50%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $345,000 $345,000 $5,741 6.75%
Stephenville, TX (FHA|USDA|VA) 2 $340,000 $170,000 $8,940 7.19%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $335,000 $335,000 $6,465 7.63%
LONGVIEW, WA (FHA|USDA|VA) 1 $335,000 $335,000 $4,198 6.00%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $325,000 $325,000 $0 8.75%
Ruidoso, NM (FHA|USDA|VA) 1 $325,000 $325,000 $11,224 7.50%
Bay City, TX (FHA|USDA|VA) 1 $315,000 $315,000 $8,904 7.38%
Woodward, OK (FHA|USDA|VA) 2 $310,000 $155,000 $13,918 8.19%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $295,000 $295,000 $9,508 6.50%
Cañon City, CO (FHA|USDA|VA) 1 $295,000 $295,000 $0 7.63%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $285,000 $285,000 $4,092 7.50%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $275,000 $275,000 $5,306 7.50%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $275,000 $275,000 $7,511 7.63%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $275,000 $275,000 $0 7.38%
LONGVIEW, TX (FHA|USDA|VA) 1 $265,000 $265,000 $7,682 7.25%
Cullowhee, NC (FHA|USDA|VA) 1 $265,000 $265,000 $6,299 7.25%
VICTORIA, TX (FHA|USDA|VA) 1 $255,000 $255,000 $14,364 5.88%
Parsons, KS (FHA|USDA|VA) 1 $245,000 $245,000 $4,767 6.75%
Enterprise, AL (FHA|USDA|VA) 1 $215,000 $215,000 $6,901 7.38%
NEW BERN, NC (FHA|USDA|VA) 1 $195,000 $195,000 $9,259 6.38%
HATTIESBURG, MS (FHA|USDA|VA) 1 $185,000 $185,000 $3,944 7.13%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $185,000 $185,000 $8,228 6.50%
MOBILE, AL (FHA|USDA|VA) 1 $175,000 $175,000 $0 7.13%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $175,000 $175,000 $10,289 6.38%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $165,000 $165,000 $0 9.25%
Eagle Pass, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 8.63%
Miami, OK (FHA|USDA|VA) 1 $135,000 $135,000 $5,112 7.88%
MANHATTAN, KS (FHA|USDA|VA) 1 $135,000 $135,000 $5,793 6.75%
Port Lavaca, TX (FHA|USDA|VA) 1 $135,000 $135,000 $5,242 6.75%
Portsmouth, OH (FHA|USDA|VA) 1 $135,000 $135,000 $5,140 7.50%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 1 $125,000 $125,000 $5,699 7.13%
Decatur, IN (FHA|USDA|VA) 1 $125,000 $125,000 $3,570 7.63%
NILES, MI (FHA|USDA|VA) 1 $125,000 $125,000 $0 7.88%
JACKSON, MI (FHA|USDA|VA) 1 $125,000 $125,000 $3,565 6.88%
RICHMOND, VA (FHA|USDA|VA) 1 $125,000 $125,000 $0 7.50%
Marion, IN (FHA|USDA|VA) 1 $115,000 $115,000 $3,071 7.25%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $105,000 $105,000 $4,638 7.50%
Palestine, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,889 11.00%
JOPLIN, MO (FHA|USDA|VA) 1 $95,000 $95,000 $1,784 8.63%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $85,000 $85,000 $0 8.13%
First United Bank And Trust Company's top markets include Dallas, Austin, Oklahoma City, Tulsa, and Houston among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Missouri (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against First United Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    First Financial Bank
    Similarity Rank: 130
    OKLAHOMA CENTRAL Credit Union
    Similarity Rank: 133
    MATTAMY HOME FUNDING, LLC
    Similarity Rank: 135
    TRUE SKY
    Similarity Rank: 144
    Vision Bank
    Similarity Rank: 154
    WEOKIE
    Similarity Rank: 220
    AAXY L.L.C.
    Similarity Rank: 256
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 296
    CWM PARTNERS, L.P.
    Similarity Rank: 355
    PRIORITY HOME MORTGAGE, L.P.
    Similarity Rank: 378

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,472 $1,908,540,000 $426,775 $7,401 7.27%
    HELOC 1,151 $172,805,000 $150,135 n/a 8.94%
    FHA 833 $212,715,000 $255,360 $10,795 6.80%
    VA 522 $170,540,000 $326,705 $10,311 6.46%
    USDA 46 $7,910,000 $171,957 $6,613 6.74%

    For 2023, First United Bank And Trust Company's most frequently originated type of loan was Conventional, with 4,472 originations. Their 2nd most popular type was HELOC, with 1,151 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 5,321 $2,182,675,000 $410,200 $8,530 7.04%
    Other 820 $110,360,000 $134,585 $3,946 8.89%
    Refi 452 $102,320,000 $226,372 $5,986 8.42%
    Home Improvement 303 $37,575,000 $124,010 $3,842 8.86%
    Cash Out Refi 128 $39,580,000 $309,219 $7,606 7.18%

    For 2023, First United Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 5,321 originations. The 2nd most popular reason was Other, with 820 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,679 $1,739,795,000 $371,831 $8,441 6.86%
    Other 1,297 $206,315,000 $159,071 $4,176 8.89%
    15 Year 243 $44,795,000 $184,342 $5,033 7.66%
    20 Year 188 $43,370,000 $230,691 $4,712 7.92%
    1 Year 184 $43,050,000 $233,967 $4,859 8.82%
    5 Year 148 $237,820,000 $1,606,892 $1,117 8.66%
    10 Year 142 $18,840,000 $132,676 $2,522 8.20%
    30+ year 99 $110,865,000 $1,119,848 $18,826 7.59%
    3 Year 44 $27,660,000 $628,636 $0 8.56%

    For 2023, First United Bank And Trust Company's most frequently cited loan duration was 30 Year, with 4,679 originations. The 2nd most popular length was Other, with 1,297 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,795 $741,515,000 $413,100
    $5k+ 905 $483,695,000 $534,470
    $2k-3k 816 $224,950,000 $275,674
    $<1k 560 $130,140,000 $232,393
    $3k-4k 491 $156,845,000 $319,440
    $4k-5k 356 $129,710,000 $364,354

    First United Bank And Trust Company's average total fees were $8,441, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,795 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 2,304 $889,950,000 $386,263
    7-8% 2,178 $720,080,000 $330,615
    Over 8% 1,835 $552,035,000 $300,837
    5-6% 639 $283,655,000 $443,905
    4-5% 56 $23,530,000 $420,179
    2.5-3% 6 $1,840,000 $306,667
    3-4% 6 $1,420,000 $236,667

    During 2023, First United Bank And Trust Company's average interest rate for loans was 6.86%, while their most frequently originated rate bucket for loans was 6-7%, with 2,304 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,641 $754,135,000 $285,549 $8,077 7.04%
    $100k-200k 1,603 $239,545,000 $149,435 $5,764 7.60%
    $100,000 or less 1,087 $63,755,000 $58,652 $3,162 8.80%
    $400k-600k 918 $446,360,000 $486,231 $10,105 6.96%
    $600k-1MM 530 $388,500,000 $733,019 $10,570 7.05%
    $1MM+ 245 $580,215,000 $2,368,224 $16,450 6.95%

    2023 saw First United Bank And Trust Company place emphasis on $200k-400k loans with 2,641 originations, totaling $754,135,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,527 $411,565,000 $269,525 $8,361 7.30%
    $150k-250k 1,360 $489,970,000 $360,272 $8,506 7.37%
    $250k+ 1,155 $784,285,000 $679,035 $11,004 7.21%
    $75k-100k 985 $216,705,000 $220,005 $7,935 7.28%
    $50k-75k 950 $159,310,000 $167,695 $6,631 7.30%
    $50k or less 451 $48,805,000 $108,215 $5,170 7.69%

    First United Bank And Trust Company lent most frequently to those with incomes in the $100k-150k range, with 1,527 originations. The second most popular income band? $150k-250k, with 1,360 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 1,124 $366,960,000 $326,477 $7,698 7.42%
    20-30% 1,074 $325,570,000 $303,138 $7,059 7.49%
    <20% 385 $105,755,000 $274,688 $7,091 7.86%
    50-60% 358 $114,300,000 $319,274 $11,788 6.71%
    42% 345 $152,345,000 $441,580 $9,694 7.39%
    41% 306 $124,430,000 $406,634 $8,763 7.46%
    40% 283 $109,035,000 $385,283 $8,733 7.33%
    49% 272 $87,120,000 $320,294 $8,519 6.96%
    39% 258 $89,910,000 $348,488 $8,313 7.30%
    36% 257 $85,395,000 $332,276 $8,166 7.40%
    38% 256 $87,790,000 $342,930 $7,760 7.31%
    37% 242 $79,010,000 $326,488 $7,331 7.37%
    43% 219 $64,685,000 $295,365 $7,960 7.05%
    44% 209 $64,515,000 $308,684 $8,259 6.92%
    48% 196 $65,020,000 $331,735 $8,424 6.95%
    46% 180 $58,090,000 $322,722 $8,074 7.01%
    47% 172 $57,530,000 $334,477 $8,281 6.94%
    45% 167 $50,305,000 $301,228 $8,835 7.02%
    >60% 31 $11,905,000 $384,032 $9,144 7.55%

    First United Bank And Trust Company lent most frequently to those with DTI ratios of 30-36%, with 1,124 originations. The next most common DTI ratio? 20-30%, with 1,074 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,717 $1,540,265,000 $326,535 $8,202 7.36%
    Not applicable 524 $345,430,000 $659,218 $0 8.48%
    Not provided 932 $294,180,000 $315,644 $7,894 7.52%
    Asian 293 $129,005,000 $440,290 $9,169 6.90%
    American Indian 324 $81,450,000 $251,389 $8,134 7.07%
    Black 214 $76,000,000 $355,140 $10,065 7.08%
    Native Hawaiian or Islander 20 $6,180,000 $309,000 $8,837 7.08%

    Approval Rates

    Total approvals of all applications
    93.67%

    First United Bank And Trust Company has an average approval rate.

    Pick Rate

    Approvals leading to origination
    62.83%

    First United Bank And Trust Company 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 7,024 $2,472,510,000 $352,009

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    7,024 $2,472,510,000 $352,009

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 687 $112,185,000 $163,297 $5,018 8.45%
    40-60% 686 $408,720,000 $595,802 $6,543 7.51%
    60-80% 1,872 $757,680,000 $404,744 $8,434 7.36%
    80-100% 3,125 $1,111,125,000 $355,560 $8,562 7.01%
    Over 100% 124 $41,950,000 $338,306 $16,223 6.54%
    Under 20% 528 $40,820,000 $77,311 $2,795 8.87%