Cypress Bank Ssb Mortgage Rates, Fees & Info

Pittsburg, TX

LEI: 549300I4IUWMEMGLST06

Tax ID: 75-6233226

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Cypress Bank Ssb is a smaller bank specializing in Home Purchase and Refi loans. Cypress Bank Ssb has a high proportion of conventional loans. Their top markets by origination volume include: Mount Pleasant, Dallas, Longview, and Sulphur Springs among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Cypress Bank Ssb 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.

    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.


    Originations

    120

    Origination Dollar Volume (All Markets)

    $23,460,000

    Top 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
    Mount Pleasant, TX (FHA|USDA|VA) 66 $10,460,000 $158,485 $0 0.00%
    Outside of Metro Areas 23 $6,395,000 $278,043 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 19 $4,585,000 $241,316 $0 0.00%
    LONGVIEW, TX (FHA|USDA|VA) 6 $1,120,000 $186,667 $0 0.00%
    Sulphur Springs, TX (FHA|USDA|VA) 6 $900,000 $150,000 $0 0.00%
    Cypress Bank Ssb's top markets include Mount Pleasant, Dallas, Longview, and Sulphur Springs among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 120 $23,460,000 $195,500 $0 0.00%

    For 2022, Cypress Bank Ssb's most frequently originated type of loan was Conventional, with 120 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 67 $12,235,000 $182,612 $0 0.00%
    Refi 36 $7,270,000 $201,944 $0 0.00%
    Home Improvement 9 $605,000 $67,222 $0 0.00%
    Other 8 $3,350,000 $418,750 $0 0.00%

    For 2022, Cypress Bank Ssb's most frequently cited loan purpose was Home Purchase, with 67 originations. The 2nd most popular reason was Refi, with 36 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 120 $23,460,000 $195,500 $0 0.00%

    For 2022, Cypress Bank Ssb's most frequently cited loan duration was Other, with 120 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 53 $3,615,000 $68,208 $0 0.00%
    $100k-200k 34 $5,010,000 $147,353 $0 0.00%
    $200k-400k 24 $6,730,000 $280,417 $0 0.00%
    $400k-600k 4 $1,920,000 $480,000 $0 0.00%
    $1MM+ 3 $4,795,000 $1,598,333 $0 0.00%
    $600k-1MM 2 $1,390,000 $695,000 $0 0.00%

    2022 saw Cypress Bank Ssb place emphasis on $100,000 or less loans with 53 originations, totaling $3,615,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 27 $3,045,000 $112,778 $0 0.00%
    $100k-150k 20 $4,150,000 $207,500 $0 0.00%
    $50k or less 15 $1,005,000 $67,000 $0 0.00%
    $75k-100k 11 $1,815,000 $165,000 $0 0.00%
    $150k-250k 10 $3,340,000 $334,000 $0 0.00%
    $250k+ 9 $2,675,000 $297,222 $0 0.00%

    Cypress Bank Ssb lent most frequently to those with incomes in the $50k-75k range, with 27 originations. The second most popular income band? $100k-150k, with 20 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 120 $23,460,000 $195,500 $0 0.00%

    Cypress Bank Ssb lent most frequently to those with DTI ratios of Exempt%, with 120 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 72 $12,380,000 $171,944 $0 0.00%
    Not applicable 28 $7,430,000 $265,357 $0 0.00%
    Not provided 17 $2,985,000 $175,588 $0 0.00%
    Black 1 $385,000 $385,000 $0 0.00%
    American Indian 2 $280,000 $140,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    80.00%

    Cypress Bank Ssb has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    60.83%

    Cypress Bank Ssb 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 120 $23,460,000 $195,500

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    120 $23,460,000 $195,500