First National Bank Usa Mortgage Rates, Fees & Info
Boutte, LALEI: 549300F376WY63AY7896
Tax ID: 72-0761151
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 Usa is a smaller bank specializing in Home Purchase and Refi loans. First National Bank Usa has a high proportion of conventional loans. Their top markets by origination volume include: New Orleans, Pensacola, Gulfport, 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 a below average pick rate when compared to similar lenders.
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Originations
23Origination Dollar Volume (All Markets)
$3,605,000Top 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) | 20 | $2,850,000 | $142,500 | $0 | 0.00% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| BATON ROUGE, 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 | 23 | $3,605,000 | $156,739 | $0 | 0.00% |
For 2024, First National Bank Usa's most frequently originated type of loan was Conventional, with 23 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 11 | $1,515,000 | $137,727 | $0 | 0.00% |
| Refi | 11 | $1,965,000 | $178,636 | $0 | 0.00% |
| Home Improvement | 1 | $125,000 | $125,000 | $0 | 0.00% |
For 2024, First National Bank Usa's most frequently cited loan purpose was Home Purchase, with 11 originations. The 2nd most popular reason was Refi, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 23 | $3,605,000 | $156,739 | $0 | 0.00% |
For 2024, First National Bank Usa's most frequently cited loan duration was Other, with 23 originations.
Loan Sizing
2024 saw First National Bank Usa place emphasis on $100,000 or less loans with 9 originations, totaling $595,000 in origination value.
Applicant Income
First National Bank Usa lent most frequently to those with incomes in the $150k-250k range, with 3 originations. The second most popular income band? $50k or less, with 3 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.94%
First National Bank Usa has an average approval rate.
Pick Rate
Approvals leading to origination65.22%
First National Bank Usa 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 | 23 | $3,605,000 | $156,739 |