Tolleson Private Bank Mortgage Rates, Fees & Info

DALLAS, TX

LEI: 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, Houston, Austin, Glenwood Springs, and Napa among others. We have data for 15 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 an above average pick rate when compared to similar lenders.

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Originations

32

Origination Dollar Volume (All Markets)

$38,170,000

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) 13 $13,995,000 $1,076,538 $7,876 4.27%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 3 $4,455,000 $1,485,000 $14,867 4.17%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $3,640,000 $910,000 $6,348 4.00%
Glenwood Springs, CO (FHA|USDA|VA) 1 $2,925,000 $2,925,000 $4,999 4.25%
NAPA, CA (FHA|USDA|VA) 1 $2,495,000 $2,495,000 $0 4.75%
Fredericksburg, TX (FHA|USDA|VA) 1 $2,305,000 $2,305,000 $14,298 4.00%
Breckenridge, CO (FHA|USDA|VA) 1 $1,725,000 $1,725,000 $5,556 3.75%
Outside of Metro Areas 1 $1,505,000 $1,505,000 $0 3.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $1,355,000 $1,355,000 $0 4.50%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $1,275,000 $1,275,000 $4,680 4.25%
Steamboat Springs, CO (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $1,644 4.00%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $805,000 $805,000 $3,033 3.75%
Bozeman, MT (FHA|USDA|VA) 1 $405,000 $405,000 $2,143 4.25%
WACO, TX (FHA|USDA|VA) 1 $205,000 $205,000 $74 4.00%
SANTA FE, NM (FHA|USDA|VA) 1 $75,000 $75,000 $2,534 4.75%
Tolleson Private Bank's top markets include Dallas, Houston, Austin, Glenwood Springs, and Napa among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 32 $38,170,000 $1,192,813 $7,267 4.19%

    For 2018, Tolleson Private Bank's most frequently originated type of loan was Conventional, with 32 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 28 $34,980,000 $1,249,286 $7,764 4.22%
    Other 3 $2,985,000 $995,000 $5,687 3.92%
    Refi 1 $205,000 $205,000 $74 4.00%

    For 2018, Tolleson Private Bank's most frequently cited loan purpose was Home Purchase, with 28 originations. The 2nd most popular reason was Other, with 3 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    10 Year 17 $22,205,000 $1,306,176 $7,145 4.10%
    Other 12 $11,000,000 $916,667 $6,658 4.33%
    1 Year 1 $1,305,000 $1,305,000 $8,744 3.75%
    3 Year 1 $2,305,000 $2,305,000 $14,298 4.00%
    5 Year 1 $1,355,000 $1,355,000 $0 4.50%

    For 2018, Tolleson Private Bank's most frequently cited loan duration was 10 Year, with 17 originations. The 2nd most popular length was Other, with 12 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 19 $22,205,000 $1,168,684
    $4k-5k 1 $855,000 $855,000

    Tolleson Private Bank's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 19 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 18 $19,020,000 $1,056,667
    3-4% 13 $18,545,000 $1,426,538
    2.5-3% 1 $605,000 $605,000

    During 2018, Tolleson Private Bank's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 4-5%, with 18 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $1MM+ 17 $30,515,000 $1,795,000 $10,348 4.15%
    $600k-1MM 6 $4,520,000 $753,333 $5,750 3.92%
    $200k-400k 5 $1,595,000 $319,000 $2,639 4.40%
    $400k-600k 3 $1,465,000 $488,333 $4,183 4.42%
    $100,000 or less 1 $75,000 $75,000 $2,534 4.75%

    2018 saw Tolleson Private Bank place emphasis on $1MM+ loans with 17 originations, totaling $30,515,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 16 $21,100,000 $1,318,750 $9,134 3.98%
    $100k-150k 3 $1,025,000 $341,667 $3,507 4.67%
    $150k-250k 2 $1,590,000 $795,000 $3,862 4.38%
    $75k-100k 2 $800,000 $400,000 $2,788 4.38%
    $50k-75k 1 $345,000 $345,000 $3,327 4.50%

    Tolleson Private Bank lent most frequently to those with incomes in the $250k+ range, with 16 originations. The second most popular income band? $100k-150k, with 3 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 7 $8,705,000 $1,243,571 $7,939 4.14%
    <20% 7 $7,325,000 $1,046,429 $8,758 3.96%
    30-36% 2 $850,000 $425,000 $4,250 4.13%
    50-60% 2 $740,000 $370,000 $3,380 4.50%
    43% 1 $3,505,000 $3,505,000 $19,667 4.50%
    46% 1 $1,305,000 $1,305,000 $8,744 3.75%
    >60% 1 $1,275,000 $1,275,000 $4,680 4.25%
    36% 1 $335,000 $335,000 $3,316 4.50%
    39% 1 $205,000 $205,000 $74 4.00%
    42% 1 $615,000 $615,000 $4,670 4.75%

    Tolleson Private Bank lent most frequently to those with DTI ratios of 20-30%, with 7 originations. The next most common DTI ratio? <20%, with 7 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 22 $23,480,000 $1,067,273 $7,389 4.13%
    Not applicable 8 $13,310,000 $1,663,750 $7,544 4.28%
    Not provided 2 $1,380,000 $690,000 $5,368 4.50%

    Approval Rates

    Total approvals of all applications
    94.44%

    Tolleson Private Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.75%

    Tolleson Private Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 32 $38,170,000 $1,192,813

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $2,305,000 $2,305,000
    Single Family (1-4 Units):Site-Built 31 $35,865,000 $1,156,935

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $3,995,000 $799,000 $4,192 3.95%
    40-60% 5 $6,025,000 $1,205,000 $7,950 4.10%
    60-80% 8 $10,360,000 $1,295,000 $9,187 4.19%
    80-100% 11 $16,905,000 $1,536,818 $9,284 4.41%
    Under 20% 1 $75,000 $75,000 $2,534 4.75%