Firstbank Southwest Mortgage Rates, Fees & Info
Amarillo, TXLEI: 549300FRF7HYNM1S7Y12
Tax ID: 75-0491670
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Mortgage Data
Review & Overview
Firstbank Southwest is a smaller bank specializing in Home Purchase loans. Firstbank Southwest 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: Amarillo, Dallas, Pampa, Hereford, and Alice among others. We have data for 27 markets. (Some data included below & more in-depth data is available with an active subscription.)Firstbank Southwest 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.
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Originations
343Origination Dollar Volume (All Markets)
$63,805,000Top 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 |
|---|---|---|---|---|---|
| AMARILLO, TX (FHA|USDA|VA) | 176 | $29,380,000 | $166,932 | $0 | 0.00% |
| Outside of Metro Areas | 52 | $6,660,000 | $128,077 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 13 | $4,805,000 | $369,615 | $0 | 0.00% |
| Pampa, TX (FHA|USDA|VA) | 40 | $4,250,000 | $106,250 | $0 | 0.00% |
| Hereford, TX (FHA|USDA|VA) | 25 | $3,515,000 | $140,600 | $0 | 0.00% |
| Alice, TX (FHA|USDA|VA) | 1 | $3,005,000 | $3,005,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $2,590,000 | $1,295,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $2,005,000 | $2,005,000 | $0 | 0.00% |
| Kerrville, TX (FHA|USDA|VA) | 4 | $1,140,000 | $285,000 | $0 | 0.00% |
| Andrews, TX (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $0 | 0.00% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $845,000 | $845,000 | $0 | 0.00% |
| Borger, TX (FHA|USDA|VA) | 6 | $510,000 | $85,000 | $0 | 0.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 4 | $470,000 | $117,500 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| Dumas, TX (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Iron Mountain, MI-WI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| Great Bend, KS (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Durant, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Ruidoso, NM (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
For 2023, Firstbank Southwest's most frequently originated type of loan was Conventional, with 302 originations. Their 2nd most popular type was FHA, with 36 originations.
Loan Reason
For 2023, Firstbank Southwest's most frequently cited loan purpose was Home Purchase, with 217 originations. The 2nd most popular reason was Refi, with 98 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 343 | $63,805,000 | $186,020 | $0 | 0.00% |
For 2023, Firstbank Southwest's most frequently cited loan duration was Other, with 343 originations.
Loan Sizing
2023 saw Firstbank Southwest place emphasis on $100k-200k loans with 137 originations, totaling $19,735,000 in origination value.
Applicant Income
Firstbank Southwest lent most frequently to those with incomes in the $75k-100k range, with 52 originations. The second most popular income band? $50k-75k, with 43 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 343 | $63,805,000 | $186,020 | $0 | 0.00% |
Firstbank Southwest lent most frequently to those with DTI ratios of Exempt%, with 343 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.34%
Firstbank Southwest has an average approval rate.
Pick Rate
Approvals leading to origination83.67%
Firstbank Southwest has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 343 | $63,805,000 | $186,020 |