Lone Star National Bank Mortgage Rates, Fees & Info

Pharr, TX

LEI: 549300IRQPG1Q6VZ8Y58

Tax ID: 74-2237409

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

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

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Lone Star National Bank is a smaller bank specializing in Home Purchase loans. Lone Star National Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Mcallen, Brownsville, San Antonio, Rio Grande City, and Alice among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Lone Star National Bank 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. Lone Star National Bank is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 6.27% 9/1/24
    30 Year Conventional Purchase 6.80% 9/1/24
    30 Year Conventional Refi 5.78% 9/1/24
    30 Year Cash-out Refi 7.39% 9/1/24
    30 Year FHA Purchase 6.27% 9/1/24
    30 Year FHA Refi 6.27% 9/1/24
    30 Year VA Purchase 6.27% 9/1/24
    30 Year VA Refi 6.27% 9/1/24
    15 Year Conventional Purchase 5.80% 9/1/24
    15 Year Conventional Refi 6.39% 9/1/24
    15 Year Cash-out Refi 6.39% 9/1/24
    15 Year FHA Refi 5.68% 9/1/24
    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.

    Lone Star National Bank Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Lone Star National Bank. 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

    406

    Origination Dollar Volume (All Markets)

    $93,480,000

    Employee count

    673

    Awards

    Lone Star National Bank 30 Year Conventional Loans gold Lone Star National Bank FHA Loans bronze Lone Star National Bank 30 Year Conventional Loans gold
    Show all (3) awards

    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
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 272 $63,300,000 $232,721 $4,500 5.44%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 79 $21,175,000 $268,038 $3,877 5.39%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 26 $4,140,000 $159,231 $4,805 5.21%
    Rio Grande City-Roma, TX (FHA|USDA|VA) 20 $3,150,000 $157,500 $3,570 5.56%
    Alice, TX (FHA|USDA|VA) 3 $465,000 $155,000 $3,027 5.75%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $415,000 $415,000 $2,303 5.25%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $355,000 $355,000 $0 5.00%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $145,000 $145,000 $5,719 4.50%
    Kingsville, TX (FHA|USDA|VA) 1 $125,000 $125,000 $4,721 5.13%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $115,000 $115,000 $0 6.00%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $95,000 $95,000 $4,117 5.50%
    Lone Star National Bank's top markets include Mcallen, Brownsville, San Antonio, Rio Grande City, and Alice among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Lone Star National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    COMMUNITY DEVELOPMENT CORP OF BROWNSVILLE
    Similarity Rank: 24
    International Bank of Commerce
    Similarity Rank: 416
    Town Square Mortgage & Investments, Inc.
    Similarity Rank: 455
    NAVY ARMY COMMUNITY CREDIT UNION
    Similarity Rank: 575
    SECURITY SERVICE
    Similarity Rank: 640
    Lone Star National Bank
    Similarity Rank: 660
    THRIVE MORTGAGE, LLC
    Similarity Rank: 1062
    EUSTIS AND AMERICAN MORTGAGE COMPANY
    Similarity Rank: 1674
    Loan Simple, Inc.
    Similarity Rank: 2376
    Independent Bank
    Similarity Rank: 2400

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 361 $85,975,000 $238,158 $3,790 5.51%
    FHA 45 $7,505,000 $166,778 $7,308 4.71%

    For 2018, Lone Star National Bank's most frequently originated type of loan was Conventional, with 361 originations. Their 2nd most popular type was FHA, with 45 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 337 $74,905,000 $222,270 $4,236 5.42%
    Refi 35 $14,325,000 $409,286 $4,780 5.35%
    Cash Out Refi 32 $3,920,000 $122,500 $4,918 5.43%
    Home Improvement 2 $330,000 $165,000 $2,393 6.13%

    For 2018, Lone Star National Bank's most frequently cited loan purpose was Home Purchase, with 337 originations. The 2nd most popular reason was Refi, with 35 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 207 $37,755,000 $182,391 $4,655 5.04%
    20 Year 71 $28,565,000 $402,324 $4,074 6.02%
    Other 68 $14,340,000 $210,882 $3,292 5.96%
    15 Year 51 $11,495,000 $225,392 $4,138 5.32%
    10 Year 4 $350,000 $87,500 $4,210 5.38%
    5 Year 3 $345,000 $115,000 $0 6.17%
    1 Year 2 $630,000 $315,000 $0 6.00%

    For 2018, Lone Star National Bank's most frequently cited loan duration was 30 Year, with 207 originations. The 2nd most popular length was 20 Year, with 71 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 127 $25,015,000 $196,969
    $1k-2k 87 $13,125,000 $150,862
    $2k-3k 46 $6,450,000 $140,217
    $3k-4k 16 $3,030,000 $189,375
    $4k-5k 13 $3,845,000 $295,769
    $5k+ 9 $2,635,000 $292,778

    Lone Star National Bank's average total fees were $4,655, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 127 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 176 $52,200,000 $296,591
    4-5% 149 $28,895,000 $193,926
    6-7% 70 $10,430,000 $149,000
    3-4% 6 $1,150,000 $191,667
    7-8% 5 $805,000 $161,000

    During 2018, Lone Star National Bank's average interest rate for loans was 5.04%, while their most frequently originated rate bucket for loans was 5-6%, with 176 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 187 $27,255,000 $145,749 $4,099 5.32%
    $200k-400k 108 $28,900,000 $267,593 $4,795 5.31%
    $100,000 or less 81 $5,525,000 $68,210 $3,741 5.75%
    $400k-600k 16 $7,520,000 $470,000 $6,417 5.50%
    $1MM+ 10 $21,590,000 $2,159,000 $0 5.55%
    $600k-1MM 4 $2,690,000 $672,500 $5,677 5.44%

    2018 saw Lone Star National Bank place emphasis on $100k-200k loans with 187 originations, totaling $27,255,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 90 $12,890,000 $143,222 $3,925 5.30%
    $50k or less 75 $8,985,000 $119,800 $4,207 5.34%
    $100k-150k 66 $13,940,000 $211,212 $4,491 5.41%
    $75k-100k 61 $11,285,000 $185,000 $4,179 5.35%
    $150k-250k 29 $7,495,000 $258,448 $4,706 5.61%
    $250k+ 25 $6,435,000 $257,400 $5,809 5.55%

    Lone Star National Bank lent most frequently to those with incomes in the $50k-75k range, with 90 originations. The second most popular income band? $50k or less, with 75 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 48 $8,010,000 $166,875 $4,024 5.17%
    50-60% 38 $5,990,000 $157,632 $4,980 5.62%
    20-30% 36 $5,610,000 $155,833 $3,868 5.41%
    49% 21 $3,605,000 $171,667 $4,345 5.62%
    42% 19 $3,195,000 $168,158 $3,668 5.22%
    <20% 17 $3,715,000 $218,529 $4,995 5.76%
    39% 17 $3,535,000 $207,941 $4,267 5.08%
    43% 17 $2,725,000 $160,294 $3,914 5.07%
    44% 16 $2,800,000 $175,000 $4,479 5.30%
    41% 15 $2,265,000 $151,000 $4,097 5.28%
    46% 15 $2,435,000 $162,333 $3,900 5.18%
    47% 13 $2,545,000 $195,769 $5,072 5.18%
    38% 11 $1,965,000 $178,636 $4,387 5.18%
    45% 11 $2,185,000 $198,636 $4,573 5.86%
    37% 11 $2,095,000 $190,455 $4,428 5.22%
    48% 10 $2,060,000 $206,000 $4,849 5.34%
    40% 8 $1,250,000 $156,250 $4,375 4.97%
    36% 7 $1,855,000 $265,000 $3,747 5.11%
    >60% 5 $1,165,000 $233,000 $5,120 6.15%

    Lone Star National Bank lent most frequently to those with DTI ratios of 30-36%, with 48 originations. The next most common DTI ratio? 50-60%, with 38 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 345 $60,875,000 $176,449 $4,293 5.36%
    Not applicable 45 $29,755,000 $661,222 $0 5.86%
    Asian 13 $2,575,000 $198,077 $4,715 5.21%
    Black 2 $190,000 $95,000 $7,907 6.19%
    Not provided 1 $85,000 $85,000 $0 6.50%

    Approval Rates

    Total approvals of all applications
    90.06%

    Lone Star National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    71.67%

    Lone Star National Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 406 $93,480,000 $230,246

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 28 $24,860,000 $887,857
    Single Family (1-4 Units):Manufactured 4 $180,000 $45,000
    Single Family (1-4 Units):Site-Built 374 $68,440,000 $182,995

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 10 $660,000 $66,000 $3,441 5.45%
    40-60% 29 $3,495,000 $120,517 $3,842 5.61%
    60-80% 140 $27,120,000 $193,714 $4,194 5.61%
    80-100% 219 $57,035,000 $260,434 $4,460 5.26%
    Over 100% 4 $4,720,000 $1,180,000 $0 6.13%
    Under 20% 4 $450,000 $112,500 $2,719 5.03%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    LoanStar Home Lending FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Lone Star National Bank 1100 S. Bryan Rd Mission, TX 78572 Full Service B&M $22,517
    Lone Star National Bank 117 South 10th Edinburg, TX 78539 Full Service B&M $65,378
    Lone Star National Bank 118 South Cage Pharr, TX 78577 Full Service B&M $24,784
    Lone Star National Bank 1200 Boca Chica Blvd Brownsville, TX 78526 Full Service B&M $21,560
    Lone Star National Bank 1300 E. Ridge Rd. Mcallen, TX 78501 Full Service B&M $46,956
    Lone Star National Bank 1505 West Freddy Gonzalez Dr Edinburg, TX 78539 Full Service B&M $1,541
    Lone Star National Bank 15236 Huebner Road San Antonio, TX 78231 Full Service B&M $13,465
    Lone Star National Bank 1901 North Ed Carey Harlingen, TX 78550 Full Service B&M $67,222
    Lone Star National Bank 200 Lindberg Mcallen, TX 78501 Full Service B&M $72,722
    Lone Star National Bank 2003 East Griffin Parkway Mission, TX 78572 Full Service B&M $65,483
    Lone Star National Bank 201 North Texas Street Rio Grande City, TX 78582 Full Service B&M $8,602
    Lone Star National Bank 206 West Ferguson Street Pharr, TX 78577 Full Service B&M $145,937
    Lone Star National Bank 2109 South 10th Street Mcallen, TX 78503 Full Service B&M $9,134
    Lone Star National Bank 214 S. Texas Blvd Weslaco, TX 78596 Full Service B&M $65,114
    Lone Star National Bank 2300 East Highway 83 Rio Grande City, TX 78582 Full Service B&M $84,520
    Lone Star National Bank 305 East Grant (U.S. Highway 83) Roma, TX 78584 Full Service B&M $71,065
    Lone Star National Bank 3300 North Expressway 83 Brownsville, TX 78521 Full Service B&M $98,459
    Lone Star National Bank 3424 Paesanos Parkway St 102 San Antonio, TX 78231 Full Service B&M $9
    Lone Star National Bank 381 West Loop 1604 San Antonio, TX 78258 Full Service B&M $12,880
    Lone Star National Bank 520 East Nolana Avenue Mcallen, TX 78504 Full Service B&M $600,313
    Lone Star National Bank 5515 North Tenth Street Mcallen, TX 78504 Full Service B&M $108,131
    Lone Star National Bank 5537 N. Mccoll Rd. Mcallen, TX 78504 Full Service B&M $45,692
    Lone Star National Bank 600 E. Nolana Ave. Mcallen, TX 78504 Full Service B&M $64,510
    Lone Star National Bank 601 Padre Boulevard South Padre Island, TX 78597 Full Service B&M $15,514
    Lone Star National Bank 605 S. Alton Blvd. Mission, TX 78573 Full Service B&M $116
    Lone Star National Bank 620 West Expressway 83 Weslaco, TX 78596 Full Service B&M $13,348
    Lone Star National Bank 633 South International Boulevard Hidalgo, TX 78557 Full Service B&M $19,018
    Lone Star National Bank 6986 S. Zarzamora Street San Antonio, TX 78224 Full Service B&M $6,523
    Lone Star National Bank 720 East Veterans Blvd. Mission, TX 78572 Full Service B&M $33,427
    Lone Star National Bank 7954 Fredericksburg Rd San Antonio, TX 78229 Full Service B&M $5,066
    Lone Star National Bank 800 North Main Street Mcallen, TX 78501 Full Service B&M $4,080

    For 2018, Lone Star National Bank had 31 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $85,521
    Net interest income $71,088
    Total noninterest income $29,183
    Gross Fiduciary activities income $5
    Service charges on deposit accounts $7,520
    Trading account gains and fees $0
    Additional Noninterest Income $21,658
    Pre-tax net operating income $27,870
    Securities gains (or losses, -) $-4
    Income before extraordinary items $25,496
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $25,496
    Minority interest net income $0
    Net income $25,496
    Sale, conversion, retirement of capital stock, net $-94
    Net operating income $25,499

    Lone Star National Bank's gross interest income from loans was $85,521,000.
    Lone Star National Bank's net interest income from loans was $71,088,000.
    Lone Star National Bank's fee based income from loans was $7,520,000.
    Lone Star National Bank's net income from loans was $25,496,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $14,433
    Provision for credit losses $0
    Total noninterest expense $72,401
    Salaries and employee benefits $41,896
    Premises and equipment expense $8,354
    Additional noninterest expense $22,151
    Applicable income taxes $2,370
    Net charge-offs $234
    Cash dividends $12,000

    Lone Star National Bank's interest expense for loans was $14,433,000.
    Lone Star National Bank's payroll and benefits expense were $41,896,000.
    Lone Star National Bank's property, plant and equipment expenses $8,354,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 2.0%
    Real Estate loans 2.0%
    Construction & Land Development loans 1.0%
    Nonfarm, nonresidential loans 3.0%
    Multifamily residential loans 3.0%
    1-4 family residential loans 2.0%
    HELOC loans 0.0%
    All other family 2.0%
    Commercial & industrial loans 1.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $1,934,623
    Deposits held in domestic offices $1,934,623
    Deposits by Individuals, partnerships, and corporations $1,199,387
    Deposits by U.S. Government $1
    Deposits by States and political subdivisions in the U.S. $735,235
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $491,717
    Demand deposits $264,150
    Nontransaction accounts $1,442,906
    Money market deposit accounts (MMDAs) $821,351
    Other savings deposits (excluding MMDAs) $115,474
    Total time deposits $506,081
    Total time and savings deposits $1,670,473
    Noninterest-bearing deposits $264,150
    Interest-bearing deposits $1,670,473
    Retail deposits $1,635,875
    IRAs and Keogh plan accounts $14,813
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,209,580
    Cash & Balances due from depository institutions $91,814
    Interest-bearing balances $55,949
    Total securities $645,704
    Federal funds sold & reverse repurchase $160,000
    Net loans and leases $1,147,137
    Loan and leases loss allowance $21,725
    Trading account assets $0
    Bank premises and fixed assets $57,357
    Other real estate owned $15,105
    Goodwill and other intangibles $1,125
    All other assets $91,338

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,209,580
    Total Liabilities $1,957,410
    Total deposits $1,934,623
    Interest-bearing deposits $1,670,473
    Deposits held in domestic offices $1,934,623
    % insured (estimated) $43
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $15,000
    Subordinated debt $0
    All other liabilities $7,787

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,147,137
    Loan and leases loss allowance $21,725
    Total loans and leases (domestic) $1,168,862
    All real estate loans $1,009,802
    Real estate loans in domestic offices $1,009,802
    Construction and development loans $117,622
    Residential 1-4 family construction $29,974
    Other construction, all land development and other land $87,648
    Loans secured by nonfarm nonresidential properties $525,809
    Nonfarm nonresidential secured by owner-occupied properties $220,108
    Commercial real estate & other non-farm, non-residential $305,701
    Multifamily residential real estate $123,246
    1-4 family residential loans $212,803
    Farmland loans $30,322
    Loans held in foreign offices $0
    Farm loans $976
    Commercial and industrial loans $83,864
    To non-U.S. addressees $8,062
    Loans to individuals $23,807
    Credit card loans $8
    Related Plans $0
    Consumer Auto Loans $2,905
    Other loans to individuals $20,894
    All other loans & leases $50,414
    Loans to foreign governments and official institutions $0
    Other loans $30,732
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $7,529
    Loans secured by real estate to non-U.S. addressees $20,472
    Restructured Loans & leases $5,305
    Non 1-4 family restructured loans & leases $4,953
    Total loans and leases (foreign) $0

    Lone Star National Bank had $1,147,137,000 of loans outstanding in 2018. $1,009,802,000 of loans were in real estate loans. $117,622,000 of loans were in development loans. $123,246,000 of loans were in multifamily mortgage loans. $212,803,000 of loans were in 1-4 family mortgage loans. $976,000 of loans were in farm loans. $8,000 of loans were in credit card loans. $2,905,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 548 $115,162 $210,150
    Nonfarm, nonresidential loans - <$100k 81 $3,864 $47,704
    Nonfarm, nonresidential loans - $100-250k 211 $23,410 $110,948
    Nonfarm, nonresidential loans - $250k-1MM 256 $87,888 $343,313
    Commercial & Industrial, US addressed loans - <$1MM 589 $47,073 $79,920
    Commercial & Industrial, US addressed loans - <$100k 361 $9,483 $26,269
    Commercial & Industrial, US addressed loans - $100-250k 114 $10,063 $88,272
    Commercial & Industrial, US addressed loans - $250k-1MM 114 $27,527 $241,465
    Farmland loans - <$1MM 70 $6,326 $90,371
    Farmland loans - <$100k 29 $1,256 $43,310
    Farmland loans - $100-250k 31 $3,133 $101,065
    Farmland loans - $250k-1MM 10 $1,937 $193,700
    Agriculture operations loans - <$1MM 5 $332 $66,400
    Agriculture operations loans - <$100k 3 $82 $27,333
    Agriculture operations loans - $100-250k 2 $250 $125,000