Incommons Bank N.a. Mortgage Rates, Fees & Info
Mexia, TXLEI: 549300GXMSA3UUO46130
Tax ID: 74-0844632
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Incommons Bank N.a. is a smaller bank specializing in Home Purchase loans. Incommons Bank N.a. has a high proportion of conventional loans. Their top markets by origination volume include: Houston, Waco, College Station, Killeen, and Corsicana among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Incommons Bank N.a. has a below average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 15 Year Conventional Purchase | 6.00% | 4/17/25 |
| 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. | ||
Incommons Bank N.a. Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Incommons Bank N.a.. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
53Origination Dollar Volume (All Markets)
$10,735,000Top Markets
Click or Hover to activate map
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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 32 | $4,020,000 | $125,625 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $2,650,000 | $1,325,000 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 9 | $1,595,000 | $177,222 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $0 | 0.00% |
| Corsicana, TX (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 53 | $10,735,000 | $202,547 | $0 | 0.00% |
For 2024, Incommons Bank N.a.'s most frequently originated type of loan was Conventional, with 53 originations.
Loan Reason
For 2024, Incommons Bank N.a.'s most frequently cited loan purpose was Home Purchase, with 27 originations. The 2nd most popular reason was Other, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 53 | $10,735,000 | $202,547 | $0 | 0.00% |
For 2024, Incommons Bank N.a.'s most frequently cited loan duration was Other, with 53 originations.
Loan Sizing
2024 saw Incommons Bank N.a. place emphasis on $100,000 or less loans with 25 originations, totaling $1,595,000 in origination value.
Applicant Income
Incommons Bank N.a. lent most frequently to those with incomes in the $150k-250k range, with 13 originations. The second most popular income band? $75k-100k, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 53 | $10,735,000 | $202,547 | $0 | 0.00% |
Incommons Bank N.a. lent most frequently to those with DTI ratios of Exempt%, with 53 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications68.57%
Incommons Bank N.a. has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination64.15%
Incommons Bank N.a. 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 |
|---|---|---|---|
| Exempt | 53 | $10,735,000 | $202,547 |