Ennis State Bank Mortgage Rates, Fees & Info

Ennis, TX

LEI: 549300L0KQ09W67V4228

Tax ID: 75-0256400

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Ennis State Bank is a smaller bank specializing in Home Purchase loans. Ennis State Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Tyler, Crestview, Sherman, and Athens among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

Ennis State Bank has an 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

87

Origination Dollar Volume (All Markets)

$35,465,000

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) 69 $24,595,000 $356,449 $0 0.00%
TYLER, TX (FHA|USDA|VA) 1 $2,615,000 $2,615,000 $0 0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $0 0.00%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $1,770,000 $885,000 $0 0.00%
Athens, TX (FHA|USDA|VA) 2 $1,370,000 $685,000 $0 0.00%
Corsicana, TX (FHA|USDA|VA) 4 $1,030,000 $257,500 $0 0.00%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $545,000 $545,000 $0 0.00%
Outside of Metro Areas 1 $395,000 $395,000 $0 0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $360,000 $180,000 $0 0.00%
WACO, TX (FHA|USDA|VA) 1 $305,000 $305,000 $0 0.00%
Bonham, TX (FHA|USDA|VA) 2 $280,000 $140,000 $0 0.00%
LUBBOCK, TX (FHA|USDA|VA) 1 $195,000 $195,000 $0 0.00%
Ennis State Bank's top markets include Dallas, Tyler, Crestview, Sherman, and Athens among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Ennis State Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    GSB MORTGAGE, INC.
    Similarity Rank: 133
    DATCU
    Similarity Rank: 468
    AAXY L.L.C.
    Similarity Rank: 800
    FORT WORTH CITY CREDIT UNION
    Similarity Rank: 916
    FIRST CONTINENTAL MORTGAGE, LTD.
    Similarity Rank: 988
    PRIORITY HOME MORTGAGE, L.P.
    Similarity Rank: 994
    Inwood National Bank
    Similarity Rank: 1035
    TEXAS TRUST
    Similarity Rank: 1152
    North Dallas Bank & Trust Co.
    Similarity Rank: 1603
    FIRST COMMUNITY CREDIT UNION
    Similarity Rank: 1700

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 87 $35,465,000 $407,644 $0 0.00%

    For 2024, Ennis State Bank's most frequently originated type of loan was Conventional, with 87 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 62 $31,600,000 $509,677 $0 0.00%
    Home Improvement 10 $630,000 $63,000 $0 0.00%
    Cash Out Refi 8 $1,890,000 $236,250 $0 0.00%
    Other 4 $670,000 $167,500 $0 0.00%
    Refi 3 $675,000 $225,000 $0 0.00%

    For 2024, Ennis State Bank's most frequently cited loan purpose was Home Purchase, with 62 originations. The 2nd most popular reason was Home Improvement, with 10 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 87 $35,465,000 $407,644 $0 0.00%

    For 2024, Ennis State Bank's most frequently cited loan duration was Other, with 87 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 33 $8,945,000 $271,061 $0 0.00%
    $100k-200k 18 $2,830,000 $157,222 $0 0.00%
    $100,000 or less 14 $840,000 $60,000 $0 0.00%
    $400k-600k 12 $5,770,000 $480,833 $0 0.00%
    $1MM+ 7 $14,725,000 $2,103,571 $0 0.00%
    $600k-1MM 3 $2,355,000 $785,000 $0 0.00%

    2024 saw Ennis State Bank place emphasis on $200k-400k loans with 33 originations, totaling $8,945,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 17 $3,795,000 $223,235 $0 0.00%
    $150k-250k 15 $4,695,000 $313,000 $0 0.00%
    $75k-100k 12 $2,650,000 $220,833 $0 0.00%
    $50k-75k 10 $1,470,000 $147,000 $0 0.00%
    $250k+ 9 $8,035,000 $892,778 $0 0.00%
    $50k or less 1 $225,000 $225,000 $0 0.00%

    Ennis State Bank lent most frequently to those with incomes in the $100k-150k range, with 17 originations. The second most popular income band? $150k-250k, with 15 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 87 $35,465,000 $407,644 $0 0.00%

    Ennis State Bank lent most frequently to those with DTI ratios of Exempt%, with 87 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 58 $18,310,000 $315,690 $0 0.00%
    Not applicable 23 $14,595,000 $634,565 $0 0.00%
    Not provided 4 $1,580,000 $395,000 $0 0.00%
    Asian 1 $815,000 $815,000 $0 0.00%
    Black 1 $165,000 $165,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    80.41%

    Ennis State Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    67.82%

    Ennis State 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
    Exempt 87 $35,465,000 $407,644

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    87 $35,465,000 $407,644