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

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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 loans. First National Bank Of Winnsboro has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Tyler, and Sulphur Springs among others. We have data for 4 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 an above average pick rate when compared to similar lenders.

    We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    26

    Origination Dollar Volume (All Markets)

    $3,920,000

    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
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 5 $1,715,000 $343,000 $0 0.00%
    Outside of Metro Areas 16 $1,330,000 $83,125 $0 0.00%
    TYLER, TX (FHA|USDA|VA) 3 $585,000 $195,000 $0 0.00%
    Sulphur Springs, TX (FHA|USDA|VA) 2 $290,000 $145,000 $0 0.00%
    First National Bank Of Winnsboro's top markets include Dallas, Tyler, and Sulphur Springs among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 26 $3,920,000 $150,769 $0 0.00%

    For 2019, First National Bank Of Winnsboro's most frequently originated type of loan was Conventional, with 26 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 18 $2,990,000 $166,111 $0 0.00%
    Cash Out Refi 4 $460,000 $115,000 $0 0.00%
    Other 3 $425,000 $141,667 $0 0.00%
    Home Improvement 1 $45,000 $45,000 $0 0.00%

    For 2019, First National Bank Of Winnsboro's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Cash Out Refi, with 4 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 26 $3,920,000 $150,769 $0 0.00%

    For 2019, First National Bank Of Winnsboro's most frequently cited loan duration was Other, with 26 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 13 $685,000 $52,692 $0 0.00%
    $100k-200k 6 $810,000 $135,000 $0 0.00%
    $200k-400k 5 $1,315,000 $263,000 $0 0.00%
    $400k-600k 2 $1,110,000 $555,000 $0 0.00%

    2019 saw First National Bank Of Winnsboro place emphasis on $100,000 or less loans with 13 originations, totaling $685,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 7 $1,905,000 $272,143 $0 0.00%
    $50k-75k 7 $665,000 $95,000 $0 0.00%
    $100k-150k 4 $520,000 $130,000 $0 0.00%
    $50k or less 4 $190,000 $47,500 $0 0.00%
    $75k-100k 1 $135,000 $135,000 $0 0.00%

    First National Bank Of Winnsboro lent most frequently to those with incomes in the $150k-250k range, with 7 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% 26 $3,920,000 $150,769 $0 0.00%

    First National Bank Of Winnsboro lent most frequently to those with DTI ratios of Exempt%, with 26 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 16 $1,680,000 $105,000 $0 0.00%
    Asian Indian 3 $1,315,000 $438,333 $0 0.00%
    Not provided 5 $775,000 $155,000 $0 0.00%
    Not applicable 1 $105,000 $105,000 $0 0.00%
    American Indian 1 $45,000 $45,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.32%

    First National Bank Of Winnsboro has an average approval rate.

    Pick Rate

    Approvals leading to origination
    92.31%

    First National Bank Of Winnsboro has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 26 $3,920,000 $150,769

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 26 $3,920,000 $150,769

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Closing on a mortgage 2 33.3%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Struggling to pay mortgage 1 16.7%
    FIRST NATIONAL BANK OF OMAHA Conventional home mortgage Trouble during payment process 3 50.0%