The Bank & Trust Mortgage Rates, Fees & Info

Del Rio, TX

LEI: 549300DNUPSQ3UW3EM09

Tax ID: 74-0588337

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Mortgage Data

Review & Overview

The Bank & Trust is a smaller bank specializing in Home Purchase loans. The Bank & Trust has a high proportion of conventional loans. Their top markets by origination volume include: Del Rio, San Angelo, Kerrville, San Antonio, and Fredericksburg among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)

The Bank & Trust 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

156

Origination Dollar Volume (All Markets)

$42,980,000

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
Del Rio, TX (FHA|USDA|VA) 49 $11,865,000 $242,143 $0 0.00%
SAN ANGELO, TX (FHA|USDA|VA) 50 $11,560,000 $231,200 $0 0.00%
Outside of Metro Areas 21 $9,165,000 $436,429 $0 0.00%
Kerrville, TX (FHA|USDA|VA) 15 $3,965,000 $264,333 $0 0.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $2,100,000 $350,000 $0 0.00%
Fredericksburg, TX (FHA|USDA|VA) 4 $1,320,000 $330,000 $0 0.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 4 $1,280,000 $320,000 $0 0.00%
MIDLAND, TX (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $305,000 $305,000 $0 0.00%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $295,000 $295,000 $0 0.00%
Port Lavaca, TX (FHA|USDA|VA) 1 $235,000 $235,000 $0 0.00%
Oxford, MS (FHA|USDA|VA) 1 $205,000 $205,000 $0 0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $185,000 $185,000 $0 0.00%
Eagle Pass, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
The Bank & Trust's top markets include Del Rio, San Angelo, Kerrville, San Antonio, and Fredericksburg among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Mississippi (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 156 $42,980,000 $275,513 $0 0.00%

    For 2023, The Bank & Trust's most frequently originated type of loan was Conventional, with 156 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 113 $35,735,000 $316,239 $0 0.00%
    Cash Out Refi 18 $4,390,000 $243,889 $0 0.00%
    Home Improvement 14 $1,320,000 $94,286 $0 0.00%
    Other 6 $560,000 $93,333 $0 0.00%
    Refi 5 $975,000 $195,000 $0 0.00%

    For 2023, The Bank & Trust's most frequently cited loan purpose was Home Purchase, with 113 originations. The 2nd most popular reason was Cash Out Refi, with 18 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 156 $42,980,000 $275,513 $0 0.00%

    For 2023, The Bank & Trust's most frequently cited loan duration was Other, with 156 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 55 $14,485,000 $263,364 $0 0.00%
    $100k-200k 40 $6,090,000 $152,250 $0 0.00%
    $100,000 or less 37 $2,405,000 $65,000 $0 0.00%
    $400k-600k 16 $7,290,000 $455,625 $0 0.00%
    $1MM+ 5 $10,425,000 $2,085,000 $0 0.00%
    $600k-1MM 3 $2,285,000 $761,667 $0 0.00%

    2023 saw The Bank & Trust place emphasis on $200k-400k loans with 55 originations, totaling $14,485,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 39 $8,395,000 $215,256 $0 0.00%
    $150k-250k 28 $7,320,000 $261,429 $0 0.00%
    $250k+ 21 $8,925,000 $425,000 $0 0.00%
    $75k-100k 19 $2,785,000 $146,579 $0 0.00%
    $50k-75k 12 $1,810,000 $150,833 $0 0.00%
    $50k or less 7 $485,000 $69,286 $0 0.00%

    The Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 39 originations. The second most popular income band? $150k-250k, with 28 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 156 $42,980,000 $275,513 $0 0.00%

    The Bank & Trust lent most frequently to those with DTI ratios of Exempt%, with 156 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 122 $29,530,000 $242,049 $0 0.00%
    Not applicable 28 $12,590,000 $449,643 $0 0.00%
    Not provided 3 $605,000 $201,667 $0 0.00%
    Asian 1 $115,000 $115,000 $0 0.00%
    American Indian 1 $85,000 $85,000 $0 0.00%
    Black 1 $55,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.50%

    The Bank & Trust has an average approval rate.

    Pick Rate

    Approvals leading to origination
    82.69%

    The Bank & Trust has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 156 $42,980,000 $275,513

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    156 $42,980,000 $275,513