First National Bank Of Winnsboro Mortgage Rates, Fees & Info
Winnsboro, TXLEI: 549300P3IKHVYBR1E510
Tax ID: 75-0665079
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
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: Tyler, Mount Pleasant, Dallas, College Station, and Sulphur Springs among others. We have data for 6 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
37Origination Dollar Volume (All Markets)
$3,695,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 28 | $2,180,000 | $77,857 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $0 | 0.00% |
| Mount Pleasant, TX (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Sulphur Springs, TX (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 37 | $3,695,000 | $99,865 | $0 | 0.00% |
For 2018, First National Bank Of Winnsboro's most frequently originated type of loan was Conventional, with 37 originations.
Loan Reason
For 2018, First National Bank Of Winnsboro's most frequently cited loan purpose was Home Purchase, with 14 originations. The 2nd most popular reason was Cash Out Refi, with 9 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 37 | $3,695,000 | $99,865 | $0 | 0.00% |
For 2018, First National Bank Of Winnsboro's most frequently cited loan duration was Other, with 37 originations.
Loan Sizing
2018 saw First National Bank Of Winnsboro place emphasis on $100,000 or less loans with 23 originations, totaling $1,145,000 in origination value.
Applicant Income
First National Bank Of Winnsboro lent most frequently to those with incomes in the $150k-250k range, with 9 originations. The second most popular income band? $50k-75k, with 9 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 37 | $3,695,000 | $99,865 | $0 | 0.00% |
First National Bank Of Winnsboro lent most frequently to those with DTI ratios of Exempt%, with 37 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 34 | $3,280,000 | $96,471 | $0 | 0.00% |
| Not applicable | 2 | $360,000 | $180,000 | $0 | 0.00% |
| Black | 1 | $55,000 | $55,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications91.30%
First National Bank Of Winnsboro has an average approval rate.
Pick Rate
Approvals leading to origination86.49%
First National Bank Of Winnsboro has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 37 | $3,695,000 | $99,865 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 37 | $3,695,000 | $99,865 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST NATIONAL BANK OF OMAHA | Conventional home mortgage | Struggling to pay mortgage | 1 | 50.0% |
| FIRST NATIONAL BANK OF OMAHA | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 50.0% |