First National Bank Of Winnsboro Mortgage Rates, Fees & Info

Winnsboro, TX

LEI: 549300P3IKHVYBR1E510

Tax ID: 75-0665079

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    First National Bank Of Winnsboro is a smaller bank specializing in Home Purchase and Cash Out Refi loans. First National Bank Of Winnsboro has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Austin, Mount Pleasant, and Tyler among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First National Bank Of Winnsboro 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

    39

    Origination Dollar Volume (All Markets)

    $5,165,000

    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
    Outside of Metro Areas 31 $3,435,000 $110,806 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $655,000 $218,333 $0 0.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $525,000 $525,000 $0 0.00%
    Mount Pleasant, TX (FHA|USDA|VA) 2 $370,000 $185,000 $0 0.00%
    TYLER, TX (FHA|USDA|VA) 2 $180,000 $90,000 $0 0.00%
    First National Bank Of Winnsboro's top markets include Dallas, Austin, Mount Pleasant, and Tyler among others.

    Their top states include:
  • Texas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 39 $5,165,000 $132,436 $0 0.00%

    For 2023, First National Bank Of Winnsboro's most frequently originated type of loan was Conventional, with 39 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 23 $3,105,000 $135,000 $0 0.00%
    Other 8 $640,000 $80,000 $0 0.00%
    Cash Out Refi 5 $1,215,000 $243,000 $0 0.00%
    Home Improvement 2 $160,000 $80,000 $0 0.00%
    Refi 1 $45,000 $45,000 $0 0.00%

    For 2023, First National Bank Of Winnsboro's most frequently cited loan purpose was Home Purchase, with 23 originations. The 2nd most popular reason was Other, with 8 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 39 $5,165,000 $132,436 $0 0.00%

    For 2023, First National Bank Of Winnsboro's most frequently cited loan duration was Other, with 39 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 19 $975,000 $51,316 $0 0.00%
    $100k-200k 13 $1,875,000 $144,231 $0 0.00%
    $200k-400k 6 $1,790,000 $298,333 $0 0.00%
    $400k-600k 1 $525,000 $525,000 $0 0.00%

    2023 saw First National Bank Of Winnsboro place emphasis on $100,000 or less loans with 19 originations, totaling $975,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 12 $1,350,000 $112,500 $0 0.00%
    $50k-75k 7 $585,000 $83,571 $0 0.00%
    $100k-150k 5 $805,000 $161,000 $0 0.00%
    $250k+ 5 $815,000 $163,000 $0 0.00%
    $50k or less 4 $160,000 $40,000 $0 0.00%
    $150k-250k 3 $325,000 $108,333 $0 0.00%

    First National Bank Of Winnsboro lent most frequently to those with incomes in the $75k-100k range, with 12 originations. The second most popular income band? $50k-75k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 39 $5,165,000 $132,436 $0 0.00%

    First National Bank Of Winnsboro lent most frequently to those with DTI ratios of Exempt%, with 39 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 36 $4,040,000 $112,222 $0 0.00%
    Not applicable 3 $1,125,000 $375,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.45%

    First National Bank Of Winnsboro has an average approval rate.

    Pick Rate

    Approvals leading to origination
    74.36%

    First National Bank Of Winnsboro has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 39 $5,165,000 $132,436

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    39 $5,165,000 $132,436