Tolleson Private Bank Mortgage Rates, Fees & Info
DALLAS, TXLEI: 549300LBSJDS5R7PIK62
Tax ID: 11-3647540
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Mortgage Data
Review & Overview
Tolleson Private Bank is a smaller bank specializing in Home Purchase loans. Tolleson Private Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Crestview, Los Angeles, New York, and Kerrville among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)Tolleson Private 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. Tolleson Private 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 relatively high rates.
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Originations
34Origination Dollar Volume (All Markets)
$50,880,000Relative Rate
Tolleson Private Bank's average 30 year fixed mortgage rate was
6.03%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.45%.
Relative Fees (Closing Costs)
Tolleson Private Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $5,000.
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 $9,089.
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) | 25 | $32,465,000 | $1,298,600 | $9,832 | 6.40% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $10,605,000 | $10,605,000 | $0 | 6.25% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $1,435,000 | $1,435,000 | $0 | 6.25% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $1,405,000 | $1,405,000 | $5,186 | 7.00% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $1,255,000 | $1,255,000 | $27,586 | 7.25% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $1,115,000 | $1,115,000 | $3,435 | 6.25% |
| Athens, TX (FHA|USDA|VA) | 1 | $845,000 | $845,000 | $0 | 6.25% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $695,000 | $695,000 | $3,022 | 5.75% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $5,465 | 6.50% |
| Forest City, NC (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $2,603 | 6.25% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 34 | $50,880,000 | $1,496,471 | $9,429 | 6.40% |
For 2023, Tolleson Private Bank's most frequently originated type of loan was Conventional, with 34 originations.
Loan Reason
For 2023, Tolleson Private Bank's most frequently cited loan purpose was Home Purchase, with 27 originations. The 2nd most popular reason was Home Improvement, with 3 originations.
Loan Duration/Length
For 2023, Tolleson Private Bank's most frequently cited loan duration was 10 Year, with 22 originations. The 2nd most popular length was 30 Year, with 8 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 25 | $29,135,000 | $1,165,400 |
| $5k+ | 4 | $5,070,000 | $1,267,500 |
Tolleson Private Bank's average total fees were $5,000, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 25 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 24 | $39,290,000 | $1,637,083 |
| 5-6% | 5 | $2,635,000 | $527,000 |
| 7-8% | 4 | $6,270,000 | $1,567,500 |
| 2.5-3% | 1 | $2,685,000 | $2,685,000 |
During 2023, Tolleson Private Bank's average interest rate for loans was 6.03%, while their most frequently originated rate bucket for loans was 6-7%, with 24 originations.
Loan Sizing
2023 saw Tolleson Private Bank place emphasis on $1MM+ loans with 16 originations, totaling $40,910,000 in origination value.
Applicant Income
Tolleson Private Bank lent most frequently to those with incomes in the $250k+ range, with 10 originations. The second most popular income band? $150k-250k, with 5 originations.
Applicant Debt to Income Ratio
Tolleson Private Bank lent most frequently to those with DTI ratios of 20-30%, with 6 originations. The next most common DTI ratio? 39%, with 4 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.02%
Tolleson Private Bank has an average approval rate.
Pick Rate
Approvals leading to origination82.35%
Tolleson Private Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 34 | $50,880,000 | $1,496,471 |