Crossroads Bank Mortgage Rates, Fees & Info
Yoakum, TXLEI: 549300JPWAKLM047FK81
Tax ID: 74-0625605
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Mortgage Data
Review & Overview
Crossroads Bank is a smaller bank specializing in Home Purchase and Refi loans. Crossroads Bank has a high proportion of conventional loans. Their top markets by origination volume include: Victoria, San Antonio, College Station, Port Lavaca, and El Campo among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Crossroads 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.
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Originations
105Origination Dollar Volume (All Markets)
$21,205,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 84 | $15,880,000 | $189,048 | $0 | 0.00% |
| VICTORIA, TX (FHA|USDA|VA) | 11 | $2,665,000 | $242,273 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $0 | 0.00% |
| Port Lavaca, TX (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $0 | 0.00% |
| El Campo, TX (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $0 | 0.00% |
| Rockport, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 105 | $21,205,000 | $201,952 | $0 | 0.00% |
For 2023, Crossroads Bank's most frequently originated type of loan was Conventional, with 105 originations.
Loan Reason
For 2023, Crossroads Bank's most frequently cited loan purpose was Home Purchase, with 59 originations. The 2nd most popular reason was Refi, with 32 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 105 | $21,205,000 | $201,952 | $0 | 0.00% |
For 2023, Crossroads Bank's most frequently cited loan duration was Other, with 105 originations.
Loan Sizing
2023 saw Crossroads Bank place emphasis on $100,000 or less loans with 39 originations, totaling $2,595,000 in origination value.
Applicant Income
Crossroads Bank lent most frequently to those with incomes in the $100k-150k range, with 22 originations. The second most popular income band? $75k-100k, with 21 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 105 | $21,205,000 | $201,952 | $0 | 0.00% |
Crossroads Bank lent most frequently to those with DTI ratios of Exempt%, with 105 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.87%
Crossroads Bank has an average approval rate.
Pick Rate
Approvals leading to origination94.29%
Crossroads Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 105 | $21,205,000 | $201,952 |