Texas Security Bank Mortgage Rates, Fees & Info
Dallas, TXLEI: 549300JL3TGNE3Y7PE33
Tax ID: 26-2413396
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Texas Security Bank is a smaller bank specializing in Home Purchase loans. Texas Security Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Sherman, Gainesville, Austin, and Granbury among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)Texas Security Bank has an above average approval rate when compared to the average across all lenders. They have an above 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.
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.
Originations
71Origination Dollar Volume (All Markets)
$52,425,000Top 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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 60 | $42,160,000 | $702,667 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $5,005,000 | $5,005,000 | $0 | 0.00% |
| Gainesville, TX (FHA|USDA|VA) | 1 | $1,155,000 | $1,155,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $1,040,000 | $520,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $775,000 | $775,000 | $0 | 0.00% |
| Granbury, TX (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $0 | 0.00% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 0.00% |
| TULSA, OK (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 71 | $52,425,000 | $738,380 | $0 | 0.00% |
For 2023, Texas Security Bank's most frequently originated type of loan was Conventional, with 71 originations.
Loan Reason
For 2023, Texas Security Bank's most frequently cited loan purpose was Home Purchase, with 50 originations. The 2nd most popular reason was Refi, with 10 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 71 | $52,425,000 | $738,380 | $0 | 0.00% |
For 2023, Texas Security Bank's most frequently cited loan duration was Other, with 71 originations.
Loan Sizing
2023 saw Texas Security Bank place emphasis on $200k-400k loans with 23 originations, totaling $6,605,000 in origination value.
Applicant Income
Texas Security Bank lent most frequently to those with incomes in the $250k+ range, with 32 originations. The second most popular income band? $150k-250k, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 71 | $52,425,000 | $738,380 | $0 | 0.00% |
Texas Security Bank lent most frequently to those with DTI ratios of Exempt%, with 71 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.35%
Texas Security Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination91.55%
Texas Security Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 71 | $52,425,000 | $738,380 |