National Bankshares Mortgage Rates, Fees & InfoBLACKSBURG, VA
Tax ID: 54-0314870
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewNational Bankshares is a smaller bank specializing in Home Purchase and Refi loans. National Bankshares has a high proportion of conventional loans. Their top markets by origination volume include: Blacksburg, Roanoke, Bluefield, Kingsport, and Lynchburg among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)
National Bankshares 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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Origination Dollar Volume (All Markets)$88,010,000
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|
|BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA)||187||$50,125,000||$268,048||$0||0.00%|
|ROANOKE, VA (FHA|USDA|VA)||28||$22,020,000||$786,429||$0||0.00%|
|Outside of Metro Areas||31||$7,845,000||$253,065||$0||0.00%|
|Bluefield, WV-VA (FHA|USDA|VA)||23||$3,155,000||$137,174||$0||0.00%|
|KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA)||15||$2,905,000||$193,667||$0||0.00%|
|LYNCHBURG, VA (FHA|USDA|VA)||4||$820,000||$205,000||$0||0.00%|
|CHARLOTTESVILLE, VA (FHA|USDA|VA)||2||$760,000||$380,000||$0||0.00%|
|MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA)||1||$305,000||$305,000||$0||0.00%|
|STAUNTON, VA (FHA|USDA|VA)||1||$75,000||$75,000||$0||0.00%|
We use machine learning to identify the top lenders compared against NATIONAL BANKSHARES based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, National Bankshares's most frequently originated type of loan was Conventional, with 291 originations. Their 2nd most popular type was VA, with 1 originations.
For 2022, National Bankshares's most frequently cited loan purpose was Home Purchase, with 165 originations. The 2nd most popular reason was Refi, with 69 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, National Bankshares's most frequently cited loan duration was Other, with 292 originations.
2022 saw National Bankshares place emphasis on $100,000 or less loans with 93 originations, totaling $5,195,000 in origination value.
National Bankshares lent most frequently to those with incomes in the $50k or less range, with 42 originations. The second most popular income band? $100k-150k, with 41 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
National Bankshares lent most frequently to those with DTI ratios of Exempt%, with 292 originations.
Approval RatesTotal approvals of all applications
National Bankshares has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
National Bankshares has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|