Simmons Bank Mortgage Rates, Fees & Info
Pine Bluff, ARLEI: 549300DPRWSBUY619V27
Tax ID: 71-0162300
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Mortgage Data
Review & Overview
Simmons Bank is a small bank specializing in Home Purchase loans. Simmons Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Dallas, Little Rock, Nashville, Houston, and Wichita among others. We have data for 222 markets. (Some data included below & more in-depth data is available with an active subscription.)Simmons Bank 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. Simmons Bank is typically a low 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 about average 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.74% | 12/16/24 |
| 30 Year Conventional Purchase | 6.66% | 12/16/24 |
| 30 Year Conventional Refi | 6.89% | 12/16/24 |
| 30 Year Cash-out Refi | 6.69% | 12/16/24 |
| 30 Year FHA Purchase | 7.46% | 12/16/24 |
| 30 Year FHA Refi | 6.27% | 12/16/24 |
| 30 Year VA Purchase | 6.51% | 12/16/24 |
| 30 Year USDA Purchase | 6.97% | 12/16/24 |
| 15 Year Conventional Purchase | 6.49% | 12/16/24 |
| 15 Year Conventional Refi | 6.55% | 12/16/24 |
| 15 Year Cash-out Refi | 6.55% | 12/16/24 |
| 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. | ||
Simmons Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
5,749Origination Dollar Volume (All Markets)
$2,451,365,000Awards
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Simmons Bank - 2022
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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) | 274 | $296,330,000 | $1,081,496 | $5,067 | 5.11% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 784 | $234,240,000 | $298,776 | $3,984 | 4.84% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 264 | $212,890,000 | $806,402 | $4,772 | 4.94% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 109 | $188,415,000 | $1,728,578 | $6,781 | 4.81% |
| WICHITA, KS (FHA|USDA|VA) | 67 | $106,805,000 | $1,594,104 | $3,264 | 4.55% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 351 | $103,915,000 | $296,054 | $4,721 | 4.93% |
| Outside of Metro Areas | 609 | $92,555,000 | $151,979 | $3,349 | 5.01% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 5 | $86,905,000 | $17,381,000 | $14,308 | 4.13% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 192 | $85,450,000 | $445,052 | $3,146 | 4.88% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 106 | $83,070,000 | $783,679 | $4,018 | 4.83% |
| JACKSON, TN (FHA|USDA|VA) | 241 | $82,385,000 | $341,846 | $4,110 | 4.99% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 61 | $71,455,000 | $1,171,393 | $3,794 | 5.69% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 156 | $56,980,000 | $365,256 | $3,526 | 4.96% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $55,005,000 | $55,005,000 | $0 | 5.04% |
| JONESBORO, AR (FHA|USDA|VA) | 219 | $49,155,000 | $224,452 | $4,220 | 4.79% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 3 | $46,995,000 | $15,665,000 | $1,782 | 4.11% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 142 | $32,820,000 | $231,127 | $2,951 | 5.02% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 116 | $27,520,000 | $237,241 | $3,459 | 5.06% |
| WACO, TX (FHA|USDA|VA) | 3 | $24,735,000 | $8,245,000 | $4,846 | 4.44% |
| Searcy, AR (FHA|USDA|VA) | 129 | $24,075,000 | $186,628 | $3,727 | 4.89% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 4 | $24,010,000 | $6,002,500 | $2,206 | 5.34% |
| COLUMBIA, MO (FHA|USDA|VA) | 157 | $22,975,000 | $146,338 | $2,414 | 4.99% |
| PINE BLUFF, AR (FHA|USDA|VA) | 152 | $21,990,000 | $144,671 | $3,210 | 5.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 28 | $21,070,000 | $752,500 | $8,373 | 4.62% |
| Martin, TN (FHA|USDA|VA) | 108 | $20,560,000 | $190,370 | $3,819 | 4.85% |
| Stillwater, OK (FHA|USDA|VA) | 91 | $18,785,000 | $206,429 | $4,739 | 4.63% |
| Branson, MO (FHA|USDA|VA) | 98 | $18,640,000 | $190,204 | $2,768 | 5.44% |
| KNOXVILLE, TN (FHA|USDA|VA) | 64 | $17,770,000 | $277,656 | $4,720 | 5.09% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 70 | $15,710,000 | $224,429 | $3,066 | 5.06% |
| Paragould, AR (FHA|USDA|VA) | 79 | $14,775,000 | $187,025 | $3,192 | 5.17% |
| Athens, TX (FHA|USDA|VA) | 9 | $14,705,000 | $1,633,889 | $5,971 | 4.83% |
| Russellville, AR (FHA|USDA|VA) | 83 | $13,065,000 | $157,410 | $3,266 | 5.13% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $10,685,000 | $10,685,000 | $0 | 3.75% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 25 | $10,045,000 | $401,800 | $3,884 | 3.64% |
| TYLER, TX (FHA|USDA|VA) | 11 | $9,605,000 | $873,182 | $8,833 | 5.54% |
| Athens, TN (FHA|USDA|VA) | 60 | $8,670,000 | $144,500 | $4,968 | 4.90% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 38 | $8,170,000 | $215,000 | $2,932 | 5.41% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 35 | $7,835,000 | $223,857 | $5,193 | 5.29% |
| Durant, OK (FHA|USDA|VA) | 21 | $7,575,000 | $360,714 | $3,116 | 5.15% |
| Union City, TN (FHA|USDA|VA) | 69 | $7,495,000 | $108,623 | $2,586 | 5.13% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 15 | $7,105,000 | $473,667 | $4,766 | 4.45% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 18 | $6,670,000 | $370,556 | $3,737 | 3.76% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $6,605,000 | $6,605,000 | $0 | 4.00% |
| Dyersburg, TN (FHA|USDA|VA) | 70 | $6,440,000 | $92,000 | $2,993 | 5.48% |
| Sedalia, MO (FHA|USDA|VA) | 19 | $6,405,000 | $337,105 | $3,042 | 5.53% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 13 | $5,825,000 | $448,077 | $5,713 | 4.96% |
| TULSA, OK (FHA|USDA|VA) | 19 | $5,635,000 | $296,579 | $4,291 | 4.97% |
| El Dorado, AR (FHA|USDA|VA) | 50 | $5,580,000 | $111,600 | $2,584 | 5.43% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 7 | $4,925,000 | $703,571 | $2,799 | 4.68% |
| RENO, NV (FHA|USDA|VA) | 10 | $4,590,000 | $459,000 | $4,949 | 3.35% |
| JOPLIN, MO (FHA|USDA|VA) | 27 | $4,305,000 | $159,444 | $3,269 | 4.53% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 11 | $4,115,000 | $374,091 | $4,902 | 2.97% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 10 | $4,100,000 | $410,000 | $4,484 | 4.89% |
| West Plains, MO (FHA|USDA|VA) | 37 | $3,575,000 | $96,622 | $3,848 | 4.67% |
| Sevierville, TN (FHA|USDA|VA) | 5 | $3,395,000 | $679,000 | $8,448 | 4.98% |
| Gainesville, TX (FHA|USDA|VA) | 12 | $3,160,000 | $263,333 | $5,226 | 5.04% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 9 | $3,105,000 | $345,000 | $2,411 | 4.28% |
| Mount Pleasant, TX (FHA|USDA|VA) | 2 | $3,090,000 | $1,545,000 | $4,173 | 4.20% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 6 | $2,700,000 | $450,000 | $7,639 | 4.65% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 8 | $2,500,000 | $312,500 | $4,236 | 4.31% |
| Ada, OK (FHA|USDA|VA) | 18 | $2,480,000 | $137,778 | $2,508 | 5.32% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 2 | $2,460,000 | $1,230,000 | $0 | 5.38% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 3 | $2,245,000 | $748,333 | $9,469 | 5.79% |
| Blytheville, AR (FHA|USDA|VA) | 10 | $2,230,000 | $223,000 | $3,829 | 4.57% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 4 | $2,110,000 | $527,500 | $2,066 | 4.44% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 5 | $2,085,000 | $417,000 | $7,896 | 3.48% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 6 | $2,080,000 | $346,667 | $4,376 | 3.35% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 4 | $2,010,000 | $502,500 | $4,598 | 4.52% |
| PROVO-OREM, UT (FHA|USDA|VA) | 5 | $2,005,000 | $401,000 | $6,331 | 3.13% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 1 | $1,905,000 | $1,905,000 | $0 | 3.25% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 5 | $1,845,000 | $369,000 | $5,695 | 4.30% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $1,710,000 | $855,000 | $19,103 | 4.69% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 5 | $1,695,000 | $339,000 | $4,494 | 3.78% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 4 | $1,610,000 | $402,500 | $6,502 | 3.75% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $1,550,000 | $775,000 | $6,952 | 5.75% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 4 | $1,480,000 | $370,000 | $4,916 | 5.06% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 5 | $1,475,000 | $295,000 | $5,046 | 5.05% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 4 | $1,470,000 | $367,500 | $3,123 | 3.22% |
| CLEVELAND, TN (FHA|USDA|VA) | 6 | $1,450,000 | $241,667 | $6,766 | 5.59% |
| Paris, TN (FHA|USDA|VA) | 5 | $1,365,000 | $273,000 | $3,872 | 5.60% |
| Oxford, MS (FHA|USDA|VA) | 4 | $1,360,000 | $340,000 | $4,048 | 4.47% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 3 | $1,345,000 | $448,333 | $2,786 | 3.17% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 4 | $1,320,000 | $330,000 | $3,755 | 3.59% |
| ASHEVILLE, NC (FHA|USDA|VA) | 3 | $1,315,000 | $438,333 | $2,260 | 4.67% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 3 | $1,285,000 | $428,333 | $3,420 | 5.54% |
| Batesville, AR (FHA|USDA|VA) | 10 | $1,200,000 | $120,000 | $3,007 | 4.70% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $1,165,000 | $1,165,000 | $13,531 | 4.63% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 4 | $1,130,000 | $282,500 | $2,189 | 3.63% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 7 | $1,125,000 | $160,714 | $2,955 | 5.06% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 3 | $1,105,000 | $368,333 | $5,634 | 4.17% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 4 | $1,070,000 | $267,500 | $2,700 | 4.88% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 3 | $1,015,000 | $338,333 | $2,165 | 3.83% |
| Brownsville, TN (FHA|USDA|VA) | 10 | $960,000 | $96,000 | $1,853 | 4.97% |
| BOISE CITY, ID (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $3,629 | 5.00% |
| Malvern, AR (FHA|USDA|VA) | 10 | $940,000 | $94,000 | $2,414 | 4.77% |
| SAVANNAH, GA (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $3,323 | 4.13% |
| Ardmore, OK (FHA|USDA|VA) | 5 | $925,000 | $185,000 | $3,918 | 5.09% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $6,412 | 3.46% |
| MORGANTOWN, WV (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $3,688 | 3.54% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $3,067 | 3.92% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $4,825 | 4.54% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $2,859 | 4.21% |
| Murray, KY (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $6,293 | 5.50% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $7,388 | 4.25% |
| Mountain Home, AR (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $2,945 | 3.96% |
| JACKSON, MS (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $3,986 | 4.66% |
| Huntsville, TX (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $15,696 | 4.88% |
| BILLINGS, MT (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $3,086 | 2.79% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $4,935 | 5.08% |
| LOGAN, UT-ID (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $3,203 | 3.69% |
| Lebanon, NH-VT (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $4,480 | 3.42% |
| LOUISVILLE, KY (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $1,891 | 3.33% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $8,646 | 5.94% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $5,186 | 2.88% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $4,056 | 3.25% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $3,633 | 2.88% |
| Arkadelphia, AR (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $4,326 | 3.44% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 6.29% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $8,003 | 2.88% |
| Granbury, TX (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $3,377 | 3.50% |
| LAFAYETTE, LA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $3,730 | 5.75% |
| Angola, IN (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $5,251 | 3.50% |
| Hutchinson, KS (FHA|USDA|VA) | 10 | $520,000 | $52,000 | $2,493 | 6.06% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $5,941 | 3.31% |
| LONGVIEW, TX (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $3,807 | 5.88% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $2,167 | 3.88% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $2,976 | 5.38% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $1,685 | 3.75% |
| MOBILE, AL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $2,638 | 5.50% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $3,992 | 4.25% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $7,078 | 6.38% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $8,874 | 2.88% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $1,949 | 4.63% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $5,578 | 3.25% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $2,872 | 4.38% |
| AKRON, OH (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $5,815 | 4.13% |
| Dayton, TN (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $4,201 | 5.63% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $5,248 | 2.13% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $9,110 | 5.75% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $8,156 | 2.88% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $1,628 | 4.75% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $2,538 | 5.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $2,212 | 2.88% |
| MORRISTOWN, TN (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $8,039 | 4.44% |
| Ponca City, OK (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $3,405 | 4.54% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $9,346 | 3.88% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $3,668 | 2.75% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $5,869 | 6.00% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $7,446 | 3.50% |
| Concord, NH (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,514 | 3.38% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $2,156 | 5.13% |
| Salina, KS (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $2,590 | 5.26% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $2,734 | 3.50% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $1,609 | 5.00% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,183 | 2.13% |
| Hannibal, MO (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $1,665 | 4.69% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $9,957 | 3.25% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,489 | 5.25% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $2,579 | 4.88% |
| Tahlequah, OK (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 6.21% |
| Dickinson, ND (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $1,747 | 5.13% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $7,347 | 5.13% |
| COLUMBUS, IN (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,959 | 5.38% |
| PITTSFIELD, MA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $7,449 | 2.50% |
| Ruston, LA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,527 | 2.88% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,593 | 5.88% |
| Shawnee, OK (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,373 | 6.00% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,161 | 6.50% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,362 | 6.38% |
| Mineral Wells, TX (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $5,175 | 4.81% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,421 | 2.25% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $1,603 | 3.25% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,093 | 2.38% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,758 | 4.75% |
| AMES, IA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $1,895 | 2.50% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,242 | 3.00% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,254 | 2.00% |
| Corinth, MS (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $4,905 | 5.88% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $1,200 | 3.13% |
| MONROE, LA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,168 | 3.63% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,867 | 2.00% |
| Stephenville, TX (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $1,392 | 5.50% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,995 | 3.13% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,231 | 5.50% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,290 | 3.75% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $8,721 | 4.38% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,545 | 6.00% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,647 | 3.13% |
| OCALA, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,563 | 3.88% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,736 | 2.38% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,821 | 2.88% |
| VICTORIA, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,189 | 5.13% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,735 | 2.75% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,015 | 4.13% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,347 | 5.38% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,059 | 5.13% |
| NILES, MI (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,443 | 3.88% |
| Brenham, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.75% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,872 | 4.38% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,566 | 7.10% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,655 | 5.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,584 | 3.75% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 5.60% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,600 | 3.88% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,361 | 5.50% |
| Moberly, MO (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $3,598 | 4.49% |
| Ashland, OH (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,199 | 5.13% |
| LAWTON, OK (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,112 | 5.50% |
| Harrison, AR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 5.00% |
| Burlington, IA-IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,769 | 5.63% |
| FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,083 | 3.13% |
| Muskogee, OK (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $0 | 4.45% |
| McPherson, KS (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 3.75% |
| Lebanon, MO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $1,937 | 3.38% |
| DuBois, PA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,573 | 4.00% |
| Winfield, KS (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,463 | 5.00% |
| DALTON, GA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $2,102 | 9.25% |
| ENID, OK (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 4.50% |
| Pittsburg, KS (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 7.80% |
| Mexico, MO (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 4.00% |
| Farmington, MO (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 4.75% |
| Lewisburg, TN (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 7.50% |
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Product Mix
For 2022, Simmons Bank's most frequently originated type of loan was Conventional, with 4,087 originations. Their 2nd most popular type was HELOC, with 1,296 originations.
Loan Reason
For 2022, Simmons Bank's most frequently cited loan purpose was Home Purchase, with 3,273 originations. The 2nd most popular reason was Refi, with 1,110 originations.
Loan Duration/Length
For 2022, Simmons Bank's most frequently cited loan duration was 30 Year, with 2,918 originations. The 2nd most popular length was 5 Year, with 1,884 originations.
Origination Fees/Closing Costs
Simmons Bank's average total fees were $4,281, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,688 originations.
Interest Rates
During 2022, Simmons Bank's average interest rate for loans was 4.83%, while their most frequently originated rate bucket for loans was 3-4%, with 1,701 originations.
Loan Sizing
2022 saw Simmons Bank place emphasis on $100,000 or less loans with 1,690 originations, totaling $92,700,000 in origination value.
Applicant Income
Simmons Bank lent most frequently to those with incomes in the $50k-75k range, with 1,048 originations. The second most popular income band? $50k or less, with 960 originations.
Applicant Debt to Income Ratio
Simmons Bank lent most frequently to those with DTI ratios of 20-30%, with 1,101 originations. The next most common DTI ratio? 30-36%, with 881 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.64%
Simmons Bank has an average approval rate.
Pick Rate
Approvals leading to origination73.63%
Simmons Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 5,749 | $2,451,365,000 | $426,399 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5,749 | $2,451,365,000 | $426,399 |