First Commercial Bank Mortgage Rates, Fees & Info
Seguin, TXLEI: 549300NFAQXBUC5NPK66
Tax ID: 74-2252067
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
First Commercial Bank is a smaller bank specializing in Home Purchase, Home Improvement, and Refi loans. First Commercial Bank has a high proportion of conventional loans. Their top markets by origination volume include: San Antonio, Rockport, Corpus Christi, and College Station among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)First Commercial 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
30Origination Dollar Volume (All Markets)
$5,610,000Top 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 |
|---|---|---|---|---|---|
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 25 | $4,755,000 | $190,200 | $0 | 0.00% |
| Rockport, TX (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $105,000 | $105,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against First Commercial Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 30 | $5,610,000 | $187,000 | $0 | 0.00% |
For 2024, First Commercial Bank's most frequently originated type of loan was Conventional, with 30 originations.
Loan Reason
For 2024, First Commercial Bank's most frequently cited loan purpose was Home Purchase, with 12 originations. The 2nd most popular reason was Home Improvement, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 30 | $5,610,000 | $187,000 | $0 | 0.00% |
For 2024, First Commercial Bank's most frequently cited loan duration was Other, with 30 originations.
Loan Sizing
2024 saw First Commercial Bank place emphasis on $200k-400k loans with 12 originations, totaling $3,010,000 in origination value.
Applicant Income
First Commercial Bank lent most frequently to those with incomes in the $250k+ range, with 7 originations. The second most popular income band? $150k-250k, with 4 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 30 | $5,610,000 | $187,000 | $0 | 0.00% |
First Commercial Bank lent most frequently to those with DTI ratios of Exempt%, with 30 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.80%
First Commercial Bank has an average approval rate.
Pick Rate
Approvals leading to origination56.67%
First Commercial 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 | 30 | $5,610,000 | $187,000 |