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, Corpus Christi, Charleston, and Athens among others. We have data for 11 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 about average rates.
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Originations
42Origination Dollar Volume (All Markets)
$68,660,000Top 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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 30 | $60,570,000 | $2,019,000 | $11,648 | 4.05% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $1,590,000 | $795,000 | $0 | 4.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $1,465,000 | $1,465,000 | $13,560 | 3.95% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $1,145,000 | $1,145,000 | $4,490 | 4.50% |
| Athens, TX (FHA|USDA|VA) | 1 | $945,000 | $945,000 | $9,671 | 4.75% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $4,933 | 4.10% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $4,330 | 3.95% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 3.70% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $1,838 | 3.95% |
| Paris, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $6,301 | 4.15% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,312 | 4.50% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 42 | $68,660,000 | $1,634,762 | $10,405 | 4.08% |
For 2019, Tolleson Private Bank's most frequently originated type of loan was Conventional, with 42 originations.
Loan Reason
For 2019, Tolleson Private Bank's most frequently cited loan purpose was Home Purchase, with 36 originations. The 2nd most popular reason was Refi, with 4 originations.
Loan Duration/Length
For 2019, Tolleson Private Bank's most frequently cited loan duration was 10 Year, with 28 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 | 35 | $56,385,000 | $1,611,000 |
| $3k-4k | 1 | $795,000 | $795,000 |
Tolleson Private Bank's average total fees were $7,379, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 35 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 22 | $44,430,000 | $2,019,545 |
| 4-5% | 19 | $22,295,000 | $1,173,421 |
| 2.5-3% | 1 | $1,935,000 | $1,935,000 |
During 2019, Tolleson Private Bank's average interest rate for loans was 4.02%, while their most frequently originated rate bucket for loans was 3-4%, with 22 originations.
Loan Sizing
2019 saw Tolleson Private Bank place emphasis on $1MM+ loans with 20 originations, totaling $54,910,000 in origination value.
Applicant Income
Tolleson Private Bank lent most frequently to those with incomes in the $250k+ range, with 19 originations. The second most popular income band? $150k-250k, with 2 originations.
Applicant Debt to Income Ratio
Tolleson Private Bank lent most frequently to those with DTI ratios of <20%, with 13 originations. The next most common DTI ratio? 20-30%, with 5 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 26 | $43,470,000 | $1,671,923 | $11,457 | 4.12% |
| Not applicable | 16 | $25,190,000 | $1,574,375 | $7,671 | 4.01% |
Approval Rates
Total approvals of all applications100.00%
Tolleson Private Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination88.10%
Tolleson Private Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 42 | $68,660,000 | $1,634,762 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 2 | $9,190,000 | $4,595,000 |
| Single Family (1-4 Units):Site-Built | 40 | $59,470,000 | $1,486,750 |