Texas State Bank Mortgage Rates, Fees & Info

San Angelo, TX

LEI: 549300JF52QHLC8BF081

Tax ID: 75-1095233

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Texas State Bank is a smaller bank specializing in Home Purchase loans. Texas State Bank has a high proportion of conventional loans. Their top (well, only) market is San Angelo.

    Texas State 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.

    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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    Originations

    67

    Origination Dollar Volume (All Markets)

    $9,185,000

    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
    SAN ANGELO, TX (FHA|USDA|VA) 63 $8,745,000 $138,810 $0 0.00%
    Outside of Metro Areas 4 $440,000 $110,000 $0 0.00%
    Texas State Bank's top markets include and San Angelo among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 67 $9,185,000 $137,090 $0 0.00%

    For 2019, Texas State Bank's most frequently originated type of loan was Conventional, with 67 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 39 $6,425,000 $164,744 $0 0.00%
    Cash Out Refi 11 $935,000 $85,000 $0 0.00%
    Home Improvement 8 $610,000 $76,250 $0 0.00%
    Refi 5 $985,000 $197,000 $0 0.00%
    Other 4 $230,000 $57,500 $0 0.00%

    For 2019, Texas State Bank's most frequently cited loan purpose was Home Purchase, with 39 originations. The 2nd most popular reason was Cash Out Refi, with 11 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 67 $9,185,000 $137,090 $0 0.00%

    For 2019, Texas State Bank's most frequently cited loan duration was Other, with 67 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 29 $1,455,000 $50,172 $0 0.00%
    $100k-200k 23 $3,255,000 $141,522 $0 0.00%
    $200k-400k 13 $3,335,000 $256,538 $0 0.00%
    $400k-600k 1 $405,000 $405,000 $0 0.00%
    $600k-1MM 1 $735,000 $735,000 $0 0.00%

    2019 saw Texas State Bank place emphasis on $100,000 or less loans with 29 originations, totaling $1,455,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 13 $2,025,000 $155,769 $0 0.00%
    $50k or less 9 $415,000 $46,111 $0 0.00%
    $150k-250k 8 $1,540,000 $192,500 $0 0.00%
    $250k+ 7 $2,095,000 $299,286 $0 0.00%
    $50k-75k 7 $455,000 $65,000 $0 0.00%
    $75k-100k 6 $640,000 $106,667 $0 0.00%

    Texas State Bank lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $50k or less, with 9 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 67 $9,185,000 $137,090 $0 0.00%

    Texas State Bank lent most frequently to those with DTI ratios of Exempt%, with 67 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 47 $6,935,000 $147,553 $0 0.00%
    Not applicable 16 $1,970,000 $123,125 $0 0.00%
    Black 2 $210,000 $105,000 $0 0.00%
    Not provided 1 $45,000 $45,000 $0 0.00%
    American Indian 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.67%

    Texas State Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.58%

    Texas State Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 67 $9,185,000 $137,090

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $225,000 $225,000
    Single Family (1-4 Units):Manufactured 1 $205,000 $205,000
    Single Family (1-4 Units):Site-Built 65 $8,755,000 $134,692

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    TEXAS CAPITAL BANCSHARES, INC. Conventional home mortgage Trouble during payment process 1 100.0%