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 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, Austin, Rio Grande City, and Corpus Christi among others. We have data for 14 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 an average 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.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 12/29/24
30 Year Conventional Purchase 6.80% 12/29/24
30 Year Conventional Refi 5.78% 12/29/24
30 Year Cash-out Refi 7.39% 12/29/24
30 Year FHA Purchase 6.27% 12/29/24
30 Year FHA Refi 6.27% 12/29/24
30 Year VA Purchase 6.27% 12/29/24
30 Year VA Refi 6.27% 12/29/24
15 Year Conventional Purchase 5.80% 12/29/24
15 Year Conventional Refi 6.39% 12/29/24
15 Year Cash-out Refi 6.39% 12/29/24
15 Year FHA Refi 5.68% 12/29/24
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

260

Origination Dollar Volume (All Markets)

$69,050,000

Employee count

650

Awards

Lone Star National Bank 30 Year Conventional Loans silver
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) 161 $39,055,000 $242,578 $6,186 3.80%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 61 $17,895,000 $293,361 $5,862 3.74%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $3,400,000 $850,000 $13,529 3.91%
Rio Grande City-Roma, TX (FHA|USDA|VA) 15 $2,265,000 $151,000 $5,827 3.77%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $2,125,000 $2,125,000 $0 4.25%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 7 $1,785,000 $255,000 $7,298 3.88%
Outside of Metro Areas 1 $675,000 $675,000 $0 4.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $480,000 $240,000 $5,869 4.00%
MEDFORD, OR (FHA|USDA|VA) 1 $385,000 $385,000 $0 4.75%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $315,000 $315,000 $0 3.63%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.00%
EL PASO, TX (FHA|USDA|VA) 1 $185,000 $185,000 $6,556 3.75%
Alice, TX (FHA|USDA|VA) 3 $155,000 $51,667 $0 5.00%
Kerrville, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.75%
Lone Star National Bank's top markets include Mcallen, Brownsville, Austin, Rio Grande City, and Corpus Christi among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Maryland (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 255 $67,915,000 $266,333 $6,046 3.84%
    FHA 5 $1,135,000 $227,000 $11,258 2.70%

    For 2021, Lone Star National Bank's most frequently originated type of loan was Conventional, with 255 originations. Their 2nd most popular type was FHA, with 5 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 177 $53,515,000 $302,345 $6,691 4.12%
    Refi 44 $8,540,000 $194,091 $5,576 2.85%
    Cash Out Refi 38 $6,410,000 $168,684 $5,483 3.47%
    Home Improvement 1 $585,000 $585,000 $10,671 5.00%

    For 2021, Lone Star National Bank's most frequently cited loan purpose was Home Purchase, with 177 originations. The 2nd most popular reason was Refi, with 44 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 81 $18,505,000 $228,457 $6,043 3.24%
    5 Year 81 $26,145,000 $322,778 $0 4.89%
    15 Year 43 $8,435,000 $196,163 $5,493 2.77%
    Other 28 $10,080,000 $360,000 $8,399 4.56%
    20 Year 23 $5,075,000 $220,652 $5,857 3.02%
    10 Year 4 $810,000 $202,500 $4,038 4.25%

    For 2021, Lone Star National Bank's most frequently cited loan duration was 30 Year, with 81 originations. The 2nd most popular length was 5 Year, with 81 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $2k-3k 44 $8,030,000 $182,500
    $1k-2k 29 $4,805,000 $165,690
    $<1k 27 $5,825,000 $215,741
    $3k-4k 23 $4,995,000 $217,174
    $5k+ 15 $8,775,000 $585,000
    $4k-5k 14 $4,300,000 $307,143

    Lone Star National Bank's average total fees were $6,043, while their most frequently occuring range of origination fees (closing costs) were in the $2k-3k bucket, with 44 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 79 $29,405,000 $372,215
    3-4% 74 $18,500,000 $250,000
    2.5-3% 50 $10,660,000 $213,200
    <2.5% 30 $6,420,000 $214,000
    5-6% 24 $3,840,000 $160,000
    6-7% 3 $225,000 $75,000

    During 2021, Lone Star National Bank's average interest rate for loans was 3.24%, while their most frequently originated rate bucket for loans was 4-5%, with 79 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 96 $14,340,000 $149,375 $5,064 3.56%
    $200k-400k 96 $27,000,000 $281,250 $6,247 3.70%
    $100,000 or less 34 $2,430,000 $71,471 $4,260 4.56%
    $400k-600k 19 $9,665,000 $508,684 $9,447 3.92%
    $600k-1MM 10 $7,440,000 $744,000 $14,968 4.35%
    $1MM+ 5 $8,175,000 $1,635,000 $20,806 4.33%

    2021 saw Lone Star National Bank place emphasis on $100k-200k loans with 96 originations, totaling $14,340,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 49 $9,575,000 $195,408 $5,130 3.57%
    $250k+ 36 $13,220,000 $367,222 $8,682 3.92%
    $150k-250k 33 $9,915,000 $300,455 $8,314 3.59%
    $50k-75k 33 $4,965,000 $150,455 $4,940 3.28%
    $50k or less 25 $3,355,000 $134,200 $5,332 3.60%
    $75k-100k 23 $4,725,000 $205,435 $6,033 3.61%

    Lone Star National Bank lent most frequently to those with incomes in the $100k-150k range, with 49 originations. The second most popular income band? $250k+, with 36 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 32 $7,600,000 $237,500 $6,026 3.74%
    30-36% 30 $6,090,000 $203,000 $5,399 3.37%
    <20% 27 $6,315,000 $233,889 $6,429 3.77%
    50-60% 17 $4,485,000 $263,824 $9,656 4.34%
    49% 9 $1,965,000 $218,333 $6,388 3.58%
    40% 8 $1,890,000 $236,250 $5,768 3.09%
    43% 8 $2,000,000 $250,000 $6,459 2.92%
    44% 8 $1,160,000 $145,000 $4,751 3.02%
    42% 7 $1,525,000 $217,857 $6,103 3.21%
    37% 7 $1,625,000 $232,143 $4,195 3.63%
    39% 7 $2,455,000 $350,714 $8,173 3.30%
    41% 6 $1,260,000 $210,000 $5,757 3.29%
    38% 6 $1,330,000 $221,667 $8,083 3.08%
    >60% 6 $1,130,000 $188,333 $9,418 5.15%
    46% 5 $1,065,000 $213,000 $4,078 2.75%
    47% 4 $900,000 $225,000 $6,070 3.63%
    48% 4 $900,000 $225,000 $4,975 3.31%
    36% 3 $765,000 $255,000 $3,650 3.88%
    45% 2 $720,000 $360,000 $8,834 2.69%

    Lone Star National Bank lent most frequently to those with DTI ratios of 20-30%, with 32 originations. The next most common DTI ratio? 30-36%, with 30 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 189 $41,555,000 $219,868 $6,126 3.54%
    Not applicable 52 $21,540,000 $414,231 $0 4.73%
    Asian 12 $3,490,000 $290,833 $6,832 3.88%
    Not provided 4 $1,900,000 $475,000 $11,070 4.66%
    Black 3 $565,000 $188,333 $3,756 3.88%

    Approval Rates

    Total approvals of all applications
    76.69%

    Lone Star National Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    35.00%

    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 260 $69,050,000 $265,577

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    260 $69,050,000 $265,577

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 10 $950,000 $95,000 $5,033 3.49%
    40-60% 31 $5,155,000 $166,290 $6,391 3.94%
    60-80% 126 $35,330,000 $280,397 $5,509 3.86%
    80-100% 92 $27,510,000 $299,022 $7,063 3.76%

    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 $13,844
    Lone Star National Bank 1100 S. Bryan Rd Mission, TX 78572 Full Service B&M $42,101
    Lone Star National Bank 117 South 10th Edinburg, TX 78539 Full Service B&M $74,883
    Lone Star National Bank 1200 Boca Chica Blvd Brownsville, TX 78526 Full Service B&M $34,790
    Lone Star National Bank 129 Fm 3167 Rd Rio Grande City, TX 78582 Full Service B&M $236
    Lone Star National Bank 1300 E. Ridge Rd. Mcallen, TX 78501 Full Service B&M $71,902
    Lone Star National Bank 1505 West Freddy Gonzalez Dr Edinburg, TX 78539 Full Service B&M $18,733
    Lone Star National Bank 15236 Huebner Road San Antonio, TX 78231 Full Service B&M $35,398
    Lone Star National Bank 1901 North Ed Carey Harlingen, TX 78550 Full Service B&M $97,133
    Lone Star National Bank 200 Lindberg Mcallen, TX 78501 Full Service B&M $85,939
    Lone Star National Bank 2003 East Griffin Parkway Mission, TX 78572 Full Service B&M $93,764
    Lone Star National Bank 201 North Texas Street Rio Grande City, TX 78582 Full Service B&M $17,211
    Lone Star National Bank 206 West Ferguson Street Pharr, TX 78577 Full Service B&M $153,923
    Lone Star National Bank 2109 South 10th Street Mcallen, TX 78503 Full Service B&M $13,890
    Lone Star National Bank 214 S. Texas Blvd Weslaco, TX 78596 Full Service B&M $78,289
    Lone Star National Bank 2300 East Highway 83 Rio Grande City, TX 78582 Full Service B&M $89,691
    Lone Star National Bank 300 S. Cage Blvd. Pharr, TX 78577 Full Service B&M $25,629
    Lone Star National Bank 305 East Grant (U.S. Highway 83) Roma, TX 78584 Full Service B&M $78,727
    Lone Star National Bank 3300 North Expressway 83 Brownsville, TX 78521 Full Service B&M $131,700
    Lone Star National Bank 3424 Paesanos Parkway St 102 San Antonio, TX 78231 Full Service B&M $24
    Lone Star National Bank 3605 Buddy Owens Blvd Mcallen, TX 78504 Full Service B&M $14,632
    Lone Star National Bank 381 West Loop 1604 San Antonio, TX 78258 Full Service B&M $19,282
    Lone Star National Bank 520 East Nolana Avenue Mcallen, TX 78504 Full Service B&M $867,621
    Lone Star National Bank 5515 North Tenth Street Mcallen, TX 78504 Full Service B&M $123,993
    Lone Star National Bank 5537 N. Mccoll Rd. Mcallen, TX 78504 Full Service B&M $66,089
    Lone Star National Bank 600 E. Nolana Ave. Mcallen, TX 78504 Full Service B&M $136,032
    Lone Star National Bank 601 Padre Boulevard South Padre Island, TX 78597 Full Service B&M $27,347
    Lone Star National Bank 605 S. Alton Blvd. Mission, TX 78573 Full Service B&M $4,826
    Lone Star National Bank 620 West Expressway 83 Weslaco, TX 78596 Full Service B&M $23,846
    Lone Star National Bank 633 South International Boulevard Hidalgo, TX 78557 Full Service B&M $26,002
    Lone Star National Bank 6986 S. Zarzamora Street San Antonio, TX 78224 Full Service B&M $10,261
    Lone Star National Bank 720 East Veterans Blvd. Mission, TX 78572 Full Service B&M $48,385
    Lone Star National Bank 7954 Fredericksburg Rd San Antonio, TX 78229 Full Service B&M $12,741
    Lone Star National Bank 800 North Main Street, Suite 600 Mcallen, TX 78501 Full Service B&M $5,435

    For 2021, Lone Star National Bank had 34 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $92,140
    Net interest income $84,845
    Total noninterest income $27,986
    Gross Fiduciary activities income $102
    Service charges on deposit accounts $8,730
    Trading account gains and fees $0
    Additional Noninterest Income $19,154
    Pre-tax net operating income $44,149
    Securities gains (or losses, -) $3,700
    Income before extraordinary items $35,938
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $35,938
    Minority interest net income $0
    Net income $35,938
    Sale, conversion, retirement of capital stock, net $-105
    Net operating income $33,015

    Lone Star National Bank's gross interest income from loans was $92,140,000.
    Lone Star National Bank's net interest income from loans was $84,845,000.
    Lone Star National Bank's fee based income from loans was $8,730,000.
    Lone Star National Bank's net income from loans was $35,938,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $7,295
    Provision for credit losses $0
    Total noninterest expense $68,682
    Salaries and employee benefits $39,137
    Premises and equipment expense $8,380
    Additional noninterest expense $21,165
    Applicable income taxes $11,911
    Net charge-offs $-2,341
    Cash dividends $75,000

    Lone Star National Bank's interest expense for loans was $7,295,000.
    Lone Star National Bank's payroll and benefits expense were $39,137,000.
    Lone Star National Bank's property, plant and equipment expenses $8,380,000.

    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 0.0%
    Nonfarm, nonresidential loans 2.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 1.0%
    HELOC loans 0.0%
    All other family 1.0%
    Commercial & industrial loans 3.0%
    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 $2,799,631
    Deposits held in domestic offices $2,799,631
    Deposits by Individuals, partnerships, and corporations $1,829,532
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $970,099
    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 $1,204,456
    Demand deposits $643,804
    Nontransaction accounts $1,595,175
    Money market deposit accounts (MMDAs) $933,018
    Other savings deposits (excluding MMDAs) $189,606
    Total time deposits $472,552
    Total time and savings deposits $2,155,827
    Noninterest-bearing deposits $643,719
    Interest-bearing deposits $2,155,912
    Retail deposits $2,502,080
    IRAs and Keogh plan accounts $12,406
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $3,063,266
    Cash & Balances due from depository institutions $842,233
    Interest-bearing balances $810,232
    Total securities $895,192
    Federal funds sold & reverse repurchase $0
    Net loans and leases $1,174,326
    Loan and leases loss allowance $22,557
    Trading account assets $0
    Bank premises and fixed assets $56,294
    Other real estate owned $2,442
    Goodwill and other intangibles $1,282
    All other assets $91,497

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $3,063,266
    Total Liabilities $2,806,894
    Total deposits $2,799,631
    Interest-bearing deposits $2,155,912
    Deposits held in domestic offices $2,799,631
    % insured (estimated) $41
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $7,263

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $1,174,326
    Loan and leases loss allowance $22,557
    Total loans and leases (domestic) $1,196,883
    All real estate loans $1,027,244
    Real estate loans in domestic offices $1,027,244
    Construction and development loans $101,573
    Residential 1-4 family construction $21,117
    Other construction, all land development and other land $80,456
    Loans secured by nonfarm nonresidential properties $673,780
    Nonfarm nonresidential secured by owner-occupied properties $290,918
    Commercial real estate & other non-farm, non-residential $382,862
    Multifamily residential real estate $50,642
    1-4 family residential loans $182,443
    Farmland loans $18,806
    Loans held in foreign offices $0
    Farm loans $1,395
    Commercial and industrial loans $126,571
    To non-U.S. addressees $6,167
    Loans to individuals $19,686
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $2,655
    Other loans to individuals $17,031
    All other loans & leases $21,987
    Loans to foreign governments and official institutions $0
    Other loans $14,226
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $6,848
    Loans secured by real estate to non-U.S. addressees $5,797
    Restructured Loans & leases $316
    Non 1-4 family restructured loans & leases $246
    Total loans and leases (foreign) $0

    Lone Star National Bank had $1,174,326,000 of loans outstanding in 2021. $1,027,244,000 of loans were in real estate loans. $101,573,000 of loans were in development loans. $50,642,000 of loans were in multifamily mortgage loans. $182,443,000 of loans were in 1-4 family mortgage loans. $1,395,000 of loans were in farm loans. $0 of loans were in credit card loans. $2,655,000 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 510 $114,562 $224,631
    Nonfarm, nonresidential loans - <$100k 53 $2,326 $43,887
    Nonfarm, nonresidential loans - $100-250k 193 $22,256 $115,316
    Nonfarm, nonresidential loans - $250k-1MM 264 $89,980 $340,833
    Commercial & Industrial, US addressed loans - <$1MM 1,821 $82,013 $45,037
    Commercial & Industrial, US addressed loans - <$100k 1,539 $29,311 $19,045
    Commercial & Industrial, US addressed loans - $100-250k 164 $18,699 $114,018
    Commercial & Industrial, US addressed loans - $250k-1MM 118 $34,003 $288,161
    Farmland loans - <$1MM 54 $6,264 $116,000
    Farmland loans - <$100k 24 $1,258 $52,417
    Farmland loans - $100-250k 21 $2,282 $108,667
    Farmland loans - $250k-1MM 9 $2,724 $302,667
    Agriculture operations loans - <$1MM 16 $838 $52,375
    Agriculture operations loans - <$100k 13 $357 $27,462
    Agriculture operations loans - $100-250k 2 $292 $146,000
    Agriculture operations loans - $250k-1MM 1 $189 $189,000