First Bank & Trust Co. Mortgage Rates, Fees & Info
Duncan, OKLEI: 549300H6C1OV8E3V1P15
Tax ID: 73-1332958
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First Bank & Trust Co. is a smaller bank specializing in Home Purchase and Refi loans. First Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: Oklahoma City, Duncan, Ardmore, Dallas, and Stillwater among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)First Bank & Trust Co. 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
317Origination Dollar Volume (All Markets)
$63,285,000Top 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 |
|---|---|---|---|---|---|
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 84 | $29,860,000 | $355,476 | $0 | 0.00% |
| Duncan, OK (FHA|USDA|VA) | 79 | $9,535,000 | $120,696 | $0 | 0.00% |
| Ardmore, OK (FHA|USDA|VA) | 80 | $8,290,000 | $103,625 | $0 | 0.00% |
| Outside of Metro Areas | 41 | $6,805,000 | $165,976 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $3,680,000 | $1,840,000 | $0 | 0.00% |
| Stillwater, OK (FHA|USDA|VA) | 12 | $2,040,000 | $170,000 | $0 | 0.00% |
| LAWTON, OK (FHA|USDA|VA) | 6 | $1,310,000 | $218,333 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 6 | $670,000 | $111,667 | $0 | 0.00% |
| Shawnee, OK (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Tahlequah, OK (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Durant, OK (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| McAlester, OK (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| Ada, OK (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 317 | $63,285,000 | $199,637 | $0 | 0.00% |
For 2022, First Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 317 originations.
Loan Reason
For 2022, First Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 141 originations. The 2nd most popular reason was Refi, with 139 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 317 | $63,285,000 | $199,637 | $0 | 0.00% |
For 2022, First Bank & Trust Co.'s most frequently cited loan duration was Other, with 317 originations.
Loan Sizing
2022 saw First Bank & Trust Co. place emphasis on $100,000 or less loans with 173 originations, totaling $9,205,000 in origination value.
Applicant Income
First Bank & Trust Co. lent most frequently to those with incomes in the $50k-75k range, with 60 originations. The second most popular income band? $50k or less, with 57 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 317 | $63,285,000 | $199,637 | $0 | 0.00% |
First Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 317 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.92%
First Bank & Trust Co. has an average approval rate.
Pick Rate
Approvals leading to origination68.77%
First Bank & Trust Co. 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 | 317 | $63,285,000 | $199,637 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |