Valliance Bank Mortgage Rates, Fees & Info
Oklahoma City, OKLEI: 549300OCPYKDBIQ11H61
Tax ID: 41-2149887
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Valliance Bank is a smaller bank specializing in Home Purchase loans. Valliance Bank has a high proportion of conventional loans. Their top markets by origination volume include: Oklahoma City, Dallas, Gainesville, Sulphur Springs, and Chicago among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)Valliance 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.
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Originations
46Origination Dollar Volume (All Markets)
$27,920,000Top 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 |
|---|---|---|---|---|---|
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 27 | $14,525,000 | $537,963 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 11 | $9,675,000 | $879,545 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $2,220,000 | $555,000 | $0 | 0.00% |
| Gainesville, TX (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| Sulphur Springs, TX (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 0.00% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 0.00% |
| Corsicana, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 46 | $27,920,000 | $606,957 | $0 | 0.00% |
For 2023, Valliance Bank's most frequently originated type of loan was Conventional, with 46 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 28 | $22,290,000 | $796,071 | $0 | 0.00% |
| Refi | 17 | $5,485,000 | $322,647 | $0 | 0.00% |
| Home Improvement | 1 | $145,000 | $145,000 | $0 | 0.00% |
For 2023, Valliance Bank's most frequently cited loan purpose was Home Purchase, with 28 originations. The 2nd most popular reason was Refi, with 17 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 46 | $27,920,000 | $606,957 | $0 | 0.00% |
For 2023, Valliance Bank's most frequently cited loan duration was Other, with 46 originations.
Loan Sizing
2023 saw Valliance Bank place emphasis on $100k-200k loans with 12 originations, totaling $1,950,000 in origination value.
Applicant Income
Valliance Bank lent most frequently to those with incomes in the $250k+ range, with 14 originations. The second most popular income band? $100k-150k, with 1 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 46 | $27,920,000 | $606,957 | $0 | 0.00% |
Valliance Bank lent most frequently to those with DTI ratios of Exempt%, with 46 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.83%
Valliance Bank has an average approval rate.
Pick Rate
Approvals leading to origination80.43%
Valliance Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 46 | $27,920,000 | $606,957 |