Lone Star National Bank Mortgage Rates, Fees & Info
Pharr, TXLEI: 549300IRQPG1Q6VZ8Y58
Tax ID: 74-2237409
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Bank Data
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.
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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
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
406Origination Dollar Volume (All Markets)
$93,480,000Employee count
673 Show all (3) awardsLone Star National Bank - 2018
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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% |
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.
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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
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
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
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
2018 saw Lone Star National Bank place emphasis on $100k-200k loans with 187 originations, totaling $27,255,000 in origination value.
Applicant Income
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
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
Approval Rates
Total approvals of all applications90.06%
Lone Star National Bank has an average approval rate.
Pick Rate
Approvals leading to origination71.67%
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
LTV Distribution
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 |