Spring Hill State Bank Mortgage Rates, Fees & Info
Longview, TXLEI: 549300K31SPZG5JQ7275
Tax ID: 75-1522822
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Spring Hill State Bank is a smaller bank specializing in Home Purchase loans. Spring Hill State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Longview, Santa Fe, Nashville, College Station, and Houston among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Spring Hill State 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
81Origination Dollar Volume (All Markets)
$15,065,000Top 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 |
|---|---|---|---|---|---|
| LONGVIEW, TX (FHA|USDA|VA) | 75 | $12,415,000 | $165,533 | $0 | 0.00% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $1,465,000 | $1,465,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $145,000 | $145,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 81 | $15,065,000 | $185,988 | $0 | 0.00% |
For 2024, Spring Hill State Bank's most frequently originated type of loan was Conventional, with 81 originations.
Loan Reason
For 2024, Spring Hill State Bank's most frequently cited loan purpose was Home Purchase, with 61 originations. The 2nd most popular reason was Home Improvement, with 8 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 81 | $15,065,000 | $185,988 | $0 | 0.00% |
For 2024, Spring Hill State Bank's most frequently cited loan duration was Other, with 81 originations.
Loan Sizing
2024 saw Spring Hill State Bank place emphasis on $100k-200k loans with 34 originations, totaling $4,800,000 in origination value.
Applicant Income
Spring Hill State Bank lent most frequently to those with incomes in the $50k-75k range, with 19 originations. The second most popular income band? $100k-150k, with 12 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 81 | $15,065,000 | $185,988 | $0 | 0.00% |
Spring Hill State Bank lent most frequently to those with DTI ratios of Exempt%, with 81 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.09%
Spring Hill State Bank has an average approval rate.
Pick Rate
Approvals leading to origination76.54%
Spring Hill State Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 81 | $15,065,000 | $185,988 |