First National Bank Usa Mortgage Rates, Fees & Info
Boutte, LALEI: 549300F376WY63AY7896
Tax ID: 72-0761151
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Mortgage Data
Review & Overview
First National Bank Usa is a smaller bank specializing in Refi and Home Purchase loans. First National Bank Usa has a high proportion of conventional loans. Their top markets by origination volume include: New Orleans, Houma, Daphne, and Baton Rouge among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank Usa has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
42Origination Dollar Volume (All Markets)
$6,540,000Top 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 |
|---|---|---|---|---|---|
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 38 | $6,130,000 | $161,316 | $0 | 0.00% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 0.00% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 42 | $6,540,000 | $155,714 | $0 | 0.00% |
For 2023, First National Bank Usa's most frequently originated type of loan was Conventional, with 42 originations.
Loan Reason
For 2023, First National Bank Usa's most frequently cited loan purpose was Refi, with 19 originations. The 2nd most popular reason was Home Purchase, with 17 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 42 | $6,540,000 | $155,714 | $0 | 0.00% |
For 2023, First National Bank Usa's most frequently cited loan duration was Other, with 42 originations.
Loan Sizing
2023 saw First National Bank Usa place emphasis on $100,000 or less loans with 17 originations, totaling $985,000 in origination value.
Applicant Income
First National Bank Usa lent most frequently to those with incomes in the $150k-250k range, with 11 originations. The second most popular income band? $100k-150k, with 9 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
First National Bank Usa has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination97.62%
First National Bank Usa has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 42 | $6,540,000 | $155,714 |