Lone Star National Bank Mortgage Rates, Fees & Info

Pharr, TX

LEI: 549300IRQPG1Q6VZ8Y58

Tax ID: 74-2237409

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Mortgage Data

Bank Data

Review & Overview

Lone Star National Bank is a smaller bank specializing in Home Purchase and Refi loans. Lone Star National Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Mcallen, Brownsville, San Antonio, Rio Grande City, and Dallas 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 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% 5/4/24
30 Year Conventional Purchase 6.80% 5/4/24
30 Year Conventional Refi 5.78% 5/4/24
30 Year Cash-out Refi 7.39% 5/4/24
30 Year FHA Purchase 6.27% 5/4/24
30 Year FHA Refi 6.27% 5/4/24
30 Year VA Purchase 6.27% 5/4/24
30 Year VA Refi 6.27% 5/4/24
15 Year Conventional Purchase 5.80% 5/4/24
15 Year Conventional Refi 6.39% 5/4/24
15 Year Cash-out Refi 6.39% 5/4/24
15 Year FHA Refi 5.68% 5/4/24
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

340

Origination Dollar Volume (All Markets)

$88,630,000

Employee count

629

Awards

Lone Star National Bank 30 Year Conventional Loans bronze
Show all (1) 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) 207 $55,315,000 $267,222 $4,780 3.78%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 71 $18,555,000 $261,338 $5,440 4.09%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 33 $8,545,000 $258,939 $5,496 4.26%
Rio Grande City-Roma, TX (FHA|USDA|VA) 18 $3,750,000 $208,333 $3,156 4.06%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $600,000 $300,000 $6,612 2.50%
Kingsville, TX (FHA|USDA|VA) 3 $535,000 $178,333 $2,128 4.50%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $505,000 $505,000 $9,398 2.75%
Outside of Metro Areas 2 $330,000 $165,000 $2,500 4.50%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $255,000 $255,000 $6,765 4.63%
Zapata, TX (FHA|USDA|VA) 1 $195,000 $195,000 $2,506 4.38%
Alice, TX (FHA|USDA|VA) 1 $45,000 $45,000 $0 5.25%
Lone Star National Bank's top markets include Mcallen, Brownsville, San Antonio, Rio Grande City, and Dallas among others.

Their top states include:
  • Texas (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.

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 327 $85,215,000 $260,596 $4,677 3.93%
    FHA 11 $2,485,000 $225,909 $7,884 3.45%
    VA 2 $930,000 $465,000 $2,822 3.63%

    For 2020, Lone Star National Bank's most frequently originated type of loan was Conventional, with 327 originations. Their 2nd most popular type was FHA, with 11 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 227 $59,005,000 $259,934 $4,455 4.07%
    Refi 57 $19,195,000 $336,754 $5,950 4.23%
    Cash Out Refi 55 $10,275,000 $186,818 $5,198 2.94%
    Home Improvement 1 $155,000 $155,000 $0 6.00%

    For 2020, Lone Star National Bank's most frequently cited loan purpose was Home Purchase, with 227 originations. The 2nd most popular reason was Refi, with 57 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 121 $27,155,000 $224,421 $4,351 3.39%
    5 Year 94 $28,570,000 $303,936 $0 5.04%
    15 Year 47 $10,145,000 $215,851 $5,855 2.54%
    Other 46 $14,890,000 $323,696 $4,133 4.84%
    20 Year 19 $5,045,000 $265,526 $6,619 3.05%
    10 Year 9 $1,885,000 $209,444 $4,567 3.79%
    30+ year 2 $540,000 $270,000 $5,344 3.25%
    3 Year 1 $125,000 $125,000 $0 3.25%
    1 Year 1 $275,000 $275,000 $0 4.00%

    For 2020, Lone Star National Bank's most frequently cited loan duration was 30 Year, with 121 originations. The 2nd most popular length was 5 Year, with 94 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 97 $24,555,000 $253,144
    $2k-3k 42 $6,330,000 $150,714
    $1k-2k 33 $5,095,000 $154,394
    $3k-4k 30 $7,530,000 $251,000
    $5k+ 16 $8,560,000 $535,000
    $4k-5k 13 $4,135,000 $318,077

    Lone Star National Bank's average total fees were $4,351, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 97 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 100 $30,880,000 $308,800
    3-4% 77 $18,825,000 $244,481
    2.5-3% 56 $14,260,000 $254,643
    <2.5% 50 $9,660,000 $193,200
    5-6% 41 $13,525,000 $329,878
    6-7% 16 $1,480,000 $92,500

    During 2020, Lone Star National Bank's average interest rate for loans was 3.39%, while their most frequently originated rate bucket for loans was 4-5%, with 100 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 135 $36,705,000 $271,889 $5,058 3.76%
    $100k-200k 113 $16,565,000 $146,593 $3,994 3.90%
    $100,000 or less 49 $3,435,000 $70,102 $4,099 4.26%
    $400k-600k 27 $12,535,000 $464,259 $5,880 3.78%
    $600k-1MM 9 $7,155,000 $795,000 $8,843 4.40%
    $1MM+ 7 $12,235,000 $1,747,857 $20,139 4.64%

    2020 saw Lone Star National Bank place emphasis on $200k-400k loans with 135 originations, totaling $36,705,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 56 $12,610,000 $225,179 $4,868 3.44%
    $50k-75k 56 $9,900,000 $176,786 $3,986 3.36%
    $150k-250k 47 $14,345,000 $305,213 $5,358 3.67%
    $250k+ 40 $16,390,000 $409,750 $8,009 3.65%
    $75k-100k 37 $7,085,000 $191,486 $3,657 3.86%
    $50k or less 32 $5,650,000 $176,563 $3,470 4.09%

    Lone Star National Bank lent most frequently to those with incomes in the $100k-150k range, with 56 originations. The second most popular income band? $50k-75k, with 56 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 45 $10,885,000 $241,889 $5,011 3.40%
    30-36% 34 $9,190,000 $270,294 $5,052 3.47%
    <20% 20 $4,120,000 $206,000 $5,500 3.35%
    44% 17 $5,015,000 $295,000 $4,988 3.46%
    50-60% 15 $4,455,000 $297,000 $3,426 4.94%
    42% 14 $3,110,000 $222,143 $4,406 3.49%
    37% 12 $2,840,000 $236,667 $5,268 3.31%
    >60% 12 $3,050,000 $254,167 $2,970 4.98%
    47% 12 $3,880,000 $323,333 $3,528 3.91%
    41% 12 $2,390,000 $199,167 $4,259 3.23%
    36% 10 $2,440,000 $244,000 $4,501 3.55%
    40% 9 $1,855,000 $206,111 $5,101 3.19%
    49% 9 $2,005,000 $222,778 $4,213 3.85%
    39% 8 $1,720,000 $215,000 $5,987 3.19%
    38% 8 $1,380,000 $172,500 $4,378 2.84%
    43% 8 $1,700,000 $212,500 $4,462 3.84%
    48% 7 $1,635,000 $233,571 $4,888 3.61%
    46% 7 $1,175,000 $167,857 $6,453 4.46%
    45% 4 $860,000 $215,000 $6,642 2.59%

    Lone Star National Bank lent most frequently to those with DTI ratios of 20-30%, with 45 originations. The next most common DTI ratio? 30-36%, with 34 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 262 $64,000,000 $244,275 $4,787 3.62%
    Not applicable 69 $22,075,000 $319,928 $0 5.05%
    Not provided 4 $900,000 $225,000 $0 5.50%
    Asian 2 $630,000 $315,000 $4,825 2.38%
    Black 1 $435,000 $435,000 $9,509 2.50%
    Asian Indian 1 $375,000 $375,000 $4,430 3.00%
    Korean 1 $215,000 $215,000 $6,422 2.50%

    Approval Rates

    Total approvals of all applications
    80.74%

    Lone Star National Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    31.47%

    Lone Star National Bank 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
    NA 340 $88,630,000 $260,676

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 20 $13,900,000 $695,000
    Single Family (1-4 Units):Manufactured 1 $195,000 $195,000
    Single Family (1-4 Units):Site-Built 319 $74,535,000 $233,652

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 12 $1,420,000 $118,333 $4,272 3.93%
    40-60% 48 $14,310,000 $298,125 $5,602 3.91%
    60-80% 118 $29,060,000 $246,271 $5,187 4.06%
    80-100% 156 $41,430,000 $265,577 $4,505 3.80%
    Over 100% 4 $2,120,000 $530,000 $5,057 4.03%
    Under 20% 2 $290,000 $145,000 $3,662 4.06%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    Lo Inc. DBA Reliance Mortgage Conventional home mortgage Closing on a mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Lone Star National Bank 101 America Drive Brownsville, TX 78520 Full Service B&M $10,128
    Lone Star National Bank 1100 S. Bryan Rd Mission, TX 78572 Full Service B&M $31,274
    Lone Star National Bank 117 South 10th Edinburg, TX 78539 Full Service B&M $63,239
    Lone Star National Bank 1200 Boca Chica Blvd Brownsville, TX 78526 Full Service B&M $25,732
    Lone Star National Bank 1300 E. Ridge Rd. Mcallen, TX 78501 Full Service B&M $59,382
    Lone Star National Bank 1505 West Freddy Gonzalez Dr Edinburg, TX 78539 Full Service B&M $14,689
    Lone Star National Bank 15236 Huebner Road San Antonio, TX 78231 Full Service B&M $22,629
    Lone Star National Bank 1901 North Ed Carey Harlingen, TX 78550 Full Service B&M $80,714
    Lone Star National Bank 200 Lindberg Mcallen, TX 78501 Full Service B&M $73,255
    Lone Star National Bank 2003 East Griffin Parkway Mission, TX 78572 Full Service B&M $93,611
    Lone Star National Bank 201 North Texas Street Rio Grande City, TX 78582 Full Service B&M $14,615
    Lone Star National Bank 206 West Ferguson Street Pharr, TX 78577 Full Service B&M $151,016
    Lone Star National Bank 2109 South 10th Street Mcallen, TX 78503 Full Service B&M $14,113
    Lone Star National Bank 214 S. Texas Blvd Weslaco, TX 78596 Full Service B&M $71,750
    Lone Star National Bank 2300 East Highway 83 Rio Grande City, TX 78582 Full Service B&M $86,243
    Lone Star National Bank 300 S. Cage Blvd. Pharr, TX 78577 Full Service B&M $34,686
    Lone Star National Bank 305 East Grant (U.S. Highway 83) Roma, TX 78584 Full Service B&M $70,924
    Lone Star National Bank 3300 North Expressway 83 Brownsville, TX 78521 Full Service B&M $91,200
    Lone Star National Bank 3424 Paesanos Parkway St 102 San Antonio, TX 78231 Full Service B&M $0
    Lone Star National Bank 3605 Buddy Owens Blvd Mcallen, TX 78504 Full Service B&M $7,642
    Lone Star National Bank 381 West Loop 1604 San Antonio, TX 78258 Full Service B&M $13,474
    Lone Star National Bank 520 East Nolana Avenue Mcallen, TX 78504 Full Service B&M $790,038
    Lone Star National Bank 5515 North Tenth Street Mcallen, TX 78504 Full Service B&M $119,407
    Lone Star National Bank 5537 N. Mccoll Rd. Mcallen, TX 78504 Full Service B&M $63,689
    Lone Star National Bank 600 E. Nolana Ave. Mcallen, TX 78504 Full Service B&M $88,479
    Lone Star National Bank 601 Padre Boulevard South Padre Island, TX 78597 Full Service B&M $22,985
    Lone Star National Bank 605 S. Alton Blvd. Mission, TX 78573 Full Service B&M $3,430
    Lone Star National Bank 620 West Expressway 83 Weslaco, TX 78596 Full Service B&M $19,697
    Lone Star National Bank 633 South International Boulevard Hidalgo, TX 78557 Full Service B&M $19,675
    Lone Star National Bank 6986 S. Zarzamora Street San Antonio, TX 78224 Full Service B&M $5,984
    Lone Star National Bank 720 East Veterans Blvd. Mission, TX 78572 Full Service B&M $40,934
    Lone Star National Bank 7954 Fredericksburg Rd San Antonio, TX 78229 Full Service B&M $12,212
    Lone Star National Bank 800 North Main Street, Suite 600 Mcallen, TX 78501 Full Service B&M $5,090

    For 2020, Lone Star National Bank had 33 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $86,096
    Net interest income $74,266
    Total noninterest income $23,799
    Gross Fiduciary activities income $51
    Service charges on deposit accounts $7,704
    Trading account gains and fees $0
    Additional Noninterest Income $16,044
    Pre-tax net operating income $31,183
    Securities gains (or losses, -) $1,025
    Income before extraordinary items $27,115
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $27,115
    Minority interest net income $0
    Net income $27,115
    Sale, conversion, retirement of capital stock, net $-777
    Net operating income $26,254

    Lone Star National Bank's gross interest income from loans was $86,096,000.
    Lone Star National Bank's net interest income from loans was $74,266,000.
    Lone Star National Bank's fee based income from loans was $7,704,000.
    Lone Star National Bank's net income from loans was $27,115,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $11,830
    Provision for credit losses $0
    Total noninterest expense $66,882
    Salaries and employee benefits $38,415
    Premises and equipment expense $8,267
    Additional noninterest expense $20,200
    Applicable income taxes $5,093
    Net charge-offs $1,548
    Cash dividends $13,000

    Lone Star National Bank's interest expense for loans was $11,830,000.
    Lone Star National Bank's payroll and benefits expense were $38,415,000.
    Lone Star National Bank's property, plant and equipment expenses $8,267,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 2.0%
    Real Estate loans 3.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 4.0%
    Multifamily residential loans 3.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    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 $2,238,311
    Deposits held in domestic offices $2,238,311
    Deposits by Individuals, partnerships, and corporations $1,530,382
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $707,929
    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 $932,166
    Demand deposits $525,429
    Nontransaction accounts $1,306,145
    Money market deposit accounts (MMDAs) $708,312
    Other savings deposits (excluding MMDAs) $142,538
    Total time deposits $455,294
    Total time and savings deposits $1,712,882
    Noninterest-bearing deposits $525,429
    Interest-bearing deposits $1,712,882
    Retail deposits $1,970,342
    IRAs and Keogh plan accounts $12,913
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,564,189
    Cash & Balances due from depository institutions $327,757
    Interest-bearing balances $294,452
    Total securities $832,974
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,249,619
    Loan and leases loss allowance $20,217
    Trading account assets $0
    Bank premises and fixed assets $56,369
    Other real estate owned $8,818
    Goodwill and other intangibles $1,074
    All other assets $87,578

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,564,189
    Total Liabilities $2,247,042
    Total deposits $2,238,311
    Interest-bearing deposits $1,712,882
    Deposits held in domestic offices $2,238,311
    % insured (estimated) $45
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $8,731

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,249,619
    Loan and leases loss allowance $20,217
    Total loans and leases (domestic) $1,269,836
    All real estate loans $1,003,100
    Real estate loans in domestic offices $1,003,100
    Construction and development loans $134,503
    Residential 1-4 family construction $17,247
    Other construction, all land development and other land $117,256
    Loans secured by nonfarm nonresidential properties $578,154
    Nonfarm nonresidential secured by owner-occupied properties $264,789
    Commercial real estate & other non-farm, non-residential $313,365
    Multifamily residential real estate $76,664
    1-4 family residential loans $191,780
    Farmland loans $21,999
    Loans held in foreign offices $0
    Farm loans $721
    Commercial and industrial loans $216,775
    To non-U.S. addressees $6,062
    Loans to individuals $21,179
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $2,443
    Other loans to individuals $18,736
    All other loans & leases $28,061
    Loans to foreign governments and official institutions $0
    Other loans $17,056
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $5,155
    Loans secured by real estate to non-U.S. addressees $8,106
    Restructured Loans & leases $2,929
    Non 1-4 family restructured loans & leases $2,795
    Total loans and leases (foreign) $0

    Lone Star National Bank had $1,249,619,000 of loans outstanding in 2020. $1,003,100,000 of loans were in real estate loans. $134,503,000 of loans were in development loans. $76,664,000 of loans were in multifamily mortgage loans. $191,780,000 of loans were in 1-4 family mortgage loans. $721,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,443,000 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 513 $111,735 $217,807
    Nonfarm, nonresidential loans - <$100k 66 $3,088 $46,788
    Nonfarm, nonresidential loans - $100-250k 195 $21,862 $112,113
    Nonfarm, nonresidential loans - $250k-1MM 252 $86,785 $344,385
    Commercial & Industrial, US addressed loans - <$1MM 2,756 $158,267 $57,426
    Commercial & Industrial, US addressed loans - <$100k 2,272 $55,437 $24,400
    Commercial & Industrial, US addressed loans - $100-250k 313 $43,166 $137,911
    Commercial & Industrial, US addressed loans - $250k-1MM 171 $59,664 $348,912
    Farmland loans - <$1MM 64 $6,098 $95,281
    Farmland loans - <$100k 26 $1,304 $50,154
    Farmland loans - $100-250k 31 $3,083 $99,452
    Farmland loans - $250k-1MM 7 $1,711 $244,429
    Agriculture operations loans - <$1MM 4 $162 $40,500
    Agriculture operations loans - <$100k 3 $62 $20,667
    Agriculture operations loans - $100-250k 1 $100 $100,000