The American National Bank Of Texas Mortgage Rates, Fees & Info
Terrell, TXLEI: 549300QFJDBOCX7WKY08
Tax ID: 75-1747054
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Mortgage Data
Review & Overview
The American National Bank Of Texas is a smaller bank specializing in Home Purchase loans. The American National Bank Of Texas has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Killeen, Athens, Sherman, and Sulphur Springs among others. We have data for 19 markets. (Some data included below & more in-depth data is available with an active subscription.)The American National Bank Of Texas has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. The American National Bank Of Texas is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.37% | 11/17/24 |
| 30 Year Conventional Refi | 5.97% | 11/17/24 |
| 30 Year Cash-out Refi | 6.51% | 11/17/24 |
| 15 Year Conventional Purchase | 6.03% | 11/17/24 |
| 15 Year Conventional Refi | 5.94% | 11/17/24 |
| 15 Year Cash-out Refi | 5.94% | 11/17/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
The American National Bank Of Texas Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
501Origination Dollar Volume (All Markets)
$185,805,000Awards
The American National Bank of Texas - 2023
The American National Bank of Texas is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
The American National Bank Of Texas's average 30 year fixed mortgage rate was
6.27%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of -0.21%.
Relative Fees (Closing Costs)
The American National Bank Of Texas's average total fees/closing costs for a 30 year fixed rate
mortgage were $8,454.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
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) | 405 | $144,955,000 | $357,914 | $8,203 | 6.66% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $13,845,000 | $13,845,000 | $0 | 6.15% |
| Outside of Metro Areas | 53 | $11,995,000 | $226,321 | $5,955 | 6.84% |
| Athens, TX (FHA|USDA|VA) | 10 | $2,560,000 | $256,000 | $8,010 | 7.04% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 5 | $1,655,000 | $331,000 | $8,319 | 7.05% |
| Sulphur Springs, TX (FHA|USDA|VA) | 5 | $1,505,000 | $301,000 | $7,839 | 7.26% |
| Gainesville, TX (FHA|USDA|VA) | 2 | $1,280,000 | $640,000 | $12,780 | 6.52% |
| Bonham, TX (FHA|USDA|VA) | 3 | $1,155,000 | $385,000 | $8,696 | 6.96% |
| Mineral Wells, TX (FHA|USDA|VA) | 3 | $915,000 | $305,000 | $6,487 | 6.70% |
| Granbury, TX (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $9,509 | 7.69% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $17,375 | 6.68% |
| Stephenville, TX (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $18,288 | 6.50% |
| TYLER, TX (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $6,264 | 7.08% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $12,304 | 8.50% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $4,956 | 7.31% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 8.29% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $9,259 | 7.13% |
| Corsicana, TX (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $11,240 | 6.13% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,954 | 5.50% |
Similar Lenders
We use machine learning to identify the top lenders compared against The American National Bank of Texas based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 501 | $185,805,000 | $370,868 | $8,003 | 6.71% |
For 2023, The American National Bank Of Texas's most frequently originated type of loan was Conventional, with 501 originations.
Loan Reason
For 2023, The American National Bank Of Texas's most frequently cited loan purpose was Home Purchase, with 352 originations. The 2nd most popular reason was Other, with 74 originations.
Loan Duration/Length
For 2023, The American National Bank Of Texas's most frequently cited loan duration was 30 Year, with 237 originations. The 2nd most popular length was 30+ year, with 123 originations.
Origination Fees/Closing Costs
The American National Bank Of Texas's average total fees were $8,454, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 167 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 164 | $75,710,000 | $461,646 |
| 7-8% | 118 | $45,730,000 | $387,542 |
| 5-6% | 82 | $27,730,000 | $338,171 |
| 4-5% | 69 | $22,895,000 | $331,812 |
| Over 8% | 68 | $13,740,000 | $202,059 |
During 2023, The American National Bank Of Texas's average interest rate for loans was 6.27%, while their most frequently originated rate bucket for loans was 6-7%, with 164 originations.
Loan Sizing
2023 saw The American National Bank Of Texas place emphasis on $200k-400k loans with 198 originations, totaling $58,480,000 in origination value.
Applicant Income
The American National Bank Of Texas lent most frequently to those with incomes in the $100k-150k range, with 133 originations. The second most popular income band? $150k-250k, with 106 originations.
Applicant Debt to Income Ratio
The American National Bank Of Texas lent most frequently to those with DTI ratios of 30-36%, with 83 originations. The next most common DTI ratio? 20-30%, with 68 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications78.86%
The American National Bank Of Texas has a below average approval rate.
Pick Rate
Approvals leading to origination72.85%
The American National Bank Of Texas has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 501 | $185,805,000 | $370,868 |