Crossroads Bank Mortgage Rates, Fees & Info
Yoakum, TXLEI: 549300JPWAKLM047FK81
Tax ID: 74-0625605
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Crossroads Bank is a smaller bank specializing in Home Purchase loans. Crossroads Bank has a high proportion of conventional loans. Their top markets by origination volume include: Victoria, Austin, Rockport, Killeen, and Lubbock among others. We have data for 12 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 a below average pick rate when compared to similar lenders.
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Originations
109Origination Dollar Volume (All Markets)
$22,035,000Top 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 | 75 | $13,035,000 | $173,800 | $0 | 0.00% |
| VICTORIA, TX (FHA|USDA|VA) | 22 | $4,460,000 | $202,727 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $0 | 0.00% |
| Rockport, TX (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 0.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| Kerrville, TX (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $0 | 0.00% |
| Brenham, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 109 | $22,035,000 | $202,156 | $0 | 0.00% |
For 2022, Crossroads Bank's most frequently originated type of loan was Conventional, with 109 originations.
Loan Reason
For 2022, Crossroads Bank's most frequently cited loan purpose was Home Purchase, with 79 originations. The 2nd most popular reason was Refi, with 12 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 109 | $22,035,000 | $202,156 | $0 | 0.00% |
For 2022, Crossroads Bank's most frequently cited loan duration was Other, with 109 originations.
Loan Sizing
2022 saw Crossroads Bank place emphasis on $100,000 or less loans with 37 originations, totaling $2,285,000 in origination value.
Applicant Income
Crossroads Bank lent most frequently to those with incomes in the $50k-75k range, with 22 originations. The second most popular income band? $50k or less, with 19 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 109 | $22,035,000 | $202,156 | $0 | 0.00% |
Crossroads Bank lent most frequently to those with DTI ratios of Exempt%, with 109 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.98%
Crossroads Bank has an average approval rate.
Pick Rate
Approvals leading to origination86.24%
Crossroads Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 109 | $22,035,000 | $202,156 |