Affiliated Bank Mortgage Rates, Fees & Info
Bedford, TXLEI: 549300KST6N97GYH0O45
Tax ID: 75-1630026
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Affiliated Bank is a smaller bank specializing in Home Purchase loans. Affiliated Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Dallas, Houston, Austin, Waco, and Fredericksburg among others. We have data for 42 markets. (Some data included below & more in-depth data is available with an active subscription.)Affiliated 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. Affiliated Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.10% | 4/5/25 |
| 30 Year Conventional Refi | 6.99% | 4/5/25 |
| 30 Year Cash-out Refi | 7.42% | 4/5/25 |
| 30 Year FHA Purchase | 7.61% | 4/5/25 |
| 30 Year FHA Refi | 6.72% | 4/5/25 |
| 30 Year VA Purchase | 6.60% | 4/5/25 |
| 30 Year VA Refi | 6.45% | 4/5/25 |
| 15 Year Conventional Purchase | 6.00% | 4/5/25 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Affiliated Bank Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Affiliated Bank. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
317Origination Dollar Volume (All Markets)
$170,195,000Awards
Affiliated Bank - 2024
Affiliated Bank is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
Work for Affiliated Bank?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Affiliated Bank's average 30 year fixed mortgage rate was
6.87%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.32%.
Relative Fees (Closing Costs)
Affiliated Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $8,526.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $8,356.
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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 160 | $80,980,000 | $506,125 | $8,723 | 7.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 22 | $16,000,000 | $727,273 | $10,482 | 6.49% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 16 | $15,480,000 | $967,500 | $11,388 | 6.65% |
| WACO, TX (FHA|USDA|VA) | 44 | $10,670,000 | $242,500 | $7,726 | 6.93% |
| Outside of Metro Areas | 15 | $7,025,000 | $468,333 | $6,595 | 6.97% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $3,505,000 | $3,505,000 | $0 | 8.33% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 7 | $3,325,000 | $475,000 | $8,609 | 6.73% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $3,005,000 | $3,005,000 | $0 | 7.50% |
| Edwards, CO (FHA|USDA|VA) | 2 | $2,860,000 | $1,430,000 | $2,455 | 6.60% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $2,755,000 | $2,755,000 | $4,556 | 6.50% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 5 | $2,555,000 | $511,000 | $6,463 | 7.68% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $2,045,000 | $2,045,000 | $12,466 | 6.00% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $1,955,000 | $1,955,000 | $7,866 | 8.50% |
| Granbury, TX (FHA|USDA|VA) | 8 | $1,950,000 | $243,750 | $7,425 | 7.02% |
| Mineral Wells, TX (FHA|USDA|VA) | 4 | $1,920,000 | $480,000 | $8,701 | 6.72% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $1,745,000 | $1,745,000 | $0 | 8.25% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $1,365,000 | $1,365,000 | $3,776 | 6.50% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $1,025,000 | $1,025,000 | $2,613 | 6.63% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $895,000 | $895,000 | $9,618 | 6.38% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $27,818 | 6.88% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $735,000 | $735,000 | $0 | 6.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $5,935 | 6.69% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $8,580 | 7.38% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $16,147 | 6.13% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $5,109 | 7.00% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $7,120 | 5.75% |
| Athens, TX (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $2,968 | 7.69% |
| Brenham, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 8.50% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $5,711 | 6.63% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $14,542 | 7.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $3,253 | 7.00% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $5,419 | 6.63% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $5,548 | 6.63% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,116 | 6.50% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $7,601 | 6.63% |
| TULSA, OK (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,751 | 7.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,304 | 6.63% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,619 | 6.75% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 8.00% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,584 | 6.38% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,893 | 7.25% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,870 | 7.50% |
Similar Lenders
We use machine learning to identify the top lenders compared against Affiliated Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 105
Similarity Rank: 133
Similarity Rank: 144
Similarity Rank: 160
Similarity Rank: 180
Similarity Rank: 275
Similarity Rank: 405
Similarity Rank: 468
Similarity Rank: 483
Similarity Rank: 492
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 275 | $156,185,000 | $567,945 | $7,918 | 6.97% |
| FHA | 33 | $9,695,000 | $293,788 | $12,242 | 6.84% |
| VA | 9 | $4,315,000 | $479,444 | $12,047 | 6.32% |
For 2024, Affiliated Bank's most frequently originated type of loan was Conventional, with 275 originations. Their 2nd most popular type was FHA, with 33 originations.
Loan Reason
For 2024, Affiliated Bank's most frequently cited loan purpose was Home Purchase, with 263 originations. The 2nd most popular reason was Cash Out Refi, with 31 originations.
Loan Duration/Length
For 2024, Affiliated Bank's most frequently cited loan duration was 30 Year, with 300 originations. The 2nd most popular length was 5 Year, with 8 originations.
Origination Fees/Closing Costs
Affiliated Bank's average total fees were $8,526, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 128 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 162 | $86,460,000 | $533,704 |
| 7-8% | 102 | $41,550,000 | $407,353 |
| 5-6% | 32 | $24,610,000 | $769,063 |
| Over 8% | 21 | $17,575,000 | $836,905 |
During 2024, Affiliated Bank's average interest rate for loans was 6.87%, while their most frequently originated rate bucket for loans was 6-7%, with 162 originations.
Loan Sizing
2024 saw Affiliated Bank place emphasis on $200k-400k loans with 139 originations, totaling $41,505,000 in origination value.
Applicant Income
Affiliated Bank lent most frequently to those with incomes in the $250k+ range, with 89 originations. The second most popular income band? $100k-150k, with 79 originations.
Applicant Debt to Income Ratio
Affiliated Bank lent most frequently to those with DTI ratios of 30-36%, with 51 originations. The next most common DTI ratio? 20-30%, with 37 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.45%
Affiliated Bank has an average approval rate.
Pick Rate
Approvals leading to origination64.67%
Affiliated Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 317 | $170,195,000 | $536,893 |