The American National Bank Of Texas Mortgage Rates, Fees & Info

Terrell, TX

LEI: 549300QFJDBOCX7WKY08

Tax ID: 75-1747054

5 stars - Updated: 12/6/24 - out of 5 stars, based on 22 reviews

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

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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.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.37% 12/6/24
30 Year Conventional Refi 5.97% 12/6/24
30 Year Cash-out Refi 6.51% 12/6/24
15 Year Conventional Purchase 6.03% 12/6/24
15 Year Conventional Refi 5.94% 12/6/24
15 Year Cash-out Refi 5.94% 12/6/24
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






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from The American National Bank Of Texas. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

501

Origination Dollar Volume (All Markets)

$185,805,000

Awards

The American National Bank of Texas 30 Year Conventional Loans gold The American National Bank of Texas 30 Year Conventional Loans bronze The American National Bank of Texas 30 Year Conventional Loans bronze
Show all (3) awards

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%
The American National Bank Of Texas's top markets include Dallas, Killeen, Athens, Sherman, and Sulphur Springs among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Oklahoma (FHA|USDA|VA)
  • Louisiana (FHA|USDA|VA)
  • 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.

    FC LENDING, LTD.
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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

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 352 $160,140,000 $454,943 $9,700 6.35%
    Other 74 $11,810,000 $159,595 $3,542 7.98%
    Cash Out Refi 52 $10,610,000 $204,038 $5,074 7.14%
    Refi 12 $1,780,000 $148,333 $5,391 6.38%
    Home Improvement 11 $1,465,000 $133,182 $3,502 8.05%

    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

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 237 $85,255,000 $359,726 $8,454 6.27%
    30+ year 123 $61,845,000 $502,805 $11,898 6.54%
    15 Year 80 $10,350,000 $129,375 $2,247 7.69%
    20 Year 25 $5,605,000 $224,200 $6,552 6.50%
    10 Year 14 $1,630,000 $116,429 $0 8.08%
    5 Year 10 $18,220,000 $1,822,000 $0 8.29%
    1 Year 8 $1,340,000 $167,500 $0 8.78%
    Other 4 $1,560,000 $390,000 $10,865 6.72%

    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

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 167 $100,095,000 $599,371
    $4k-5k 88 $29,400,000 $334,091
    $3k-4k 79 $18,375,000 $232,595
    $<1k 65 $4,305,000 $66,231
    $2k-3k 60 $8,950,000 $149,167
    $1k-2k 22 $3,160,000 $143,636

    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

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 198 $58,480,000 $295,354 $7,784 6.24%
    $100k-200k 96 $14,330,000 $149,271 $4,918 6.86%
    $400k-600k 77 $36,355,000 $472,143 $11,162 6.37%
    $100,000 or less 70 $4,330,000 $61,857 $901 8.05%
    $600k-1MM 40 $29,390,000 $734,750 $15,135 6.82%
    $1MM+ 20 $42,920,000 $2,146,000 $24,095 6.95%

    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

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 133 $36,745,000 $276,278 $6,991 6.62%
    $150k-250k 106 $38,930,000 $367,264 $8,563 6.69%
    $50k-75k 73 $14,085,000 $192,945 $5,294 6.44%
    $250k+ 72 $54,620,000 $758,611 $14,923 7.09%
    $75k-100k 68 $16,510,000 $242,794 $6,448 6.47%
    $50k or less 28 $3,180,000 $113,571 $3,887 6.49%

    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

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 83 $29,555,000 $356,084 $8,337 6.64%
    20-30% 68 $19,100,000 $280,882 $6,535 6.76%
    44% 41 $14,795,000 $360,854 $8,889 6.52%
    41% 36 $9,770,000 $271,389 $6,722 6.69%
    43% 36 $10,720,000 $297,778 $7,265 6.44%
    <20% 28 $12,250,000 $437,500 $8,732 6.51%
    42% 28 $8,780,000 $313,571 $7,196 6.51%
    40% 27 $9,685,000 $358,704 $8,336 6.02%
    39% 22 $5,710,000 $259,545 $5,691 7.13%
    37% 21 $6,725,000 $320,238 $8,012 6.66%
    36% 16 $4,220,000 $263,750 $6,959 6.81%
    45% 16 $7,420,000 $463,750 $11,108 6.98%
    48% 14 $7,360,000 $525,714 $12,110 6.99%
    49% 13 $5,775,000 $444,231 $10,380 6.65%
    38% 12 $3,140,000 $261,667 $6,040 6.93%
    46% 11 $7,005,000 $636,818 $13,542 6.98%
    47% 9 $2,275,000 $252,778 $7,299 6.51%

    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

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 381 $128,935,000 $338,412 $7,876 6.77%
    Not applicable 20 $21,520,000 $1,076,000 $0 8.07%
    Black 44 $13,860,000 $315,000 $7,763 5.93%
    Not provided 33 $11,345,000 $343,788 $8,407 6.80%
    Asian 17 $7,645,000 $449,706 $10,073 5.88%
    American Indian 5 $2,285,000 $457,000 $10,098 5.73%
    Native Hawaiian or Islander 1 $215,000 $215,000 $8,109 6.88%

    Approval Rates

    Total approvals of all applications
    78.86%

    The American National Bank Of Texas has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    72.85%

    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

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    501 $185,805,000 $370,868

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 49 $6,365,000 $129,898 $3,323 7.20%
    40-60% 50 $31,260,000 $625,200 $9,465 6.70%
    60-80% 140 $60,490,000 $432,071 $10,290 6.96%
    80-100% 212 $84,030,000 $396,368 $9,080 6.02%
    Under 20% 50 $3,660,000 $73,200 $1,005 8.42%