Access National Bank Mortgage Rates, Fees & Info

RESTON, VA

LEI: 549300QWEDZGLJE73X04

Tax ID: 54-1917330

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Mortgage Data

Review & Overview

Access National Bank is a smaller bank specializing in Home Purchase loans. Access National Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Washington, Atlanta, Nashville, Indianapolis, and Bluefield among others. We have data for 151 markets. (Some data included below & more in-depth data is available with an active subscription.)

Access National Bank 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. Access National Bank is typically an average 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 about average 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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Originations

1,474

Origination Dollar Volume (All Markets)

$417,640,000

Awards

Access National Bank USDA Loans gold Access National Bank USDA Loans gold Access National Bank FHA Loans bronze
Show all (3) awards

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
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 377 $165,875,000 $439,987 $5,844 4.73%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 293 $74,275,000 $253,498 $6,077 4.83%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 80 $25,080,000 $313,500 $5,284 5.05%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 78 $18,060,000 $231,538 $3,701 4.85%
Bluefield, WV-VA (FHA|USDA|VA) 119 $13,975,000 $117,437 $4,534 5.03%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 72 $13,070,000 $181,528 $5,118 4.79%
Outside of Metro Areas 40 $6,600,000 $165,000 $5,108 4.81%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 15 $5,495,000 $366,333 $6,260 4.74%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 15 $4,575,000 $305,000 $6,578 4.55%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 16 $4,560,000 $285,000 $7,496 4.94%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 24 $4,320,000 $180,000 $5,686 4.87%
FORT WAYNE, IN (FHA|USDA|VA) 34 $4,140,000 $121,765 $5,196 4.94%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 9 $3,485,000 $387,222 $8,154 4.90%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 11 $2,825,000 $256,818 $5,502 4.85%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 12 $2,820,000 $235,000 $7,313 5.02%
RICHMOND, VA (FHA|USDA|VA) 11 $2,805,000 $255,000 $4,366 4.91%
ROANOKE, VA (FHA|USDA|VA) 19 $2,305,000 $121,316 $4,565 4.57%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 5 $2,185,000 $437,000 $9,755 4.73%
SALISBURY, MD-DE (FHA|USDA|VA) 8 $2,050,000 $256,250 $5,272 4.84%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 7 $1,935,000 $276,429 $6,249 4.61%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $1,805,000 $257,857 $7,528 4.55%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $1,710,000 $855,000 $5,397 4.62%
WINCHESTER, VA-WV (FHA|USDA|VA) 8 $1,680,000 $210,000 $4,482 4.66%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 8 $1,650,000 $206,250 $7,175 4.45%
JACKSONVILLE, FL (FHA|USDA|VA) 4 $1,560,000 $390,000 $7,292 4.84%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 4 $1,560,000 $390,000 $4,357 4.87%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 4 $1,430,000 $357,500 $6,380 4.66%
Heber, UT (FHA|USDA|VA) 1 $1,405,000 $1,405,000 $0 5.75%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $1,345,000 $448,333 $8,691 4.58%
DOVER, DE (FHA|USDA|VA) 5 $1,195,000 $239,000 $7,367 4.68%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 4 $1,160,000 $290,000 $3,571 4.78%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $1,150,000 $575,000 $4,748 4.50%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 5 $1,135,000 $227,000 $4,261 4.55%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $1,130,000 $565,000 $4,457 4.69%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 4 $1,050,000 $262,500 $8,811 4.56%
RALEIGH-CARY, NC (FHA|USDA|VA) 3 $1,035,000 $345,000 $4,534 4.96%
ASHEVILLE, NC (FHA|USDA|VA) 4 $1,020,000 $255,000 $4,775 4.66%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $970,000 $485,000 $8,425 4.31%
WILMINGTON, NC (FHA|USDA|VA) 1 $905,000 $905,000 $5,215 4.25%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $890,000 $222,500 $4,308 4.59%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $790,000 $395,000 $4,874 5.06%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $765,000 $255,000 $5,933 4.67%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $670,000 $335,000 $3,915 4.81%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $665,000 $665,000 $4,496 5.00%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $655,000 $218,333 $4,667 4.67%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $640,000 $320,000 $6,264 4.43%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $640,000 $320,000 $7,594 5.19%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $615,000 $205,000 $2,759 4.96%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $585,000 $195,000 $5,463 4.79%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 3 $575,000 $191,667 $4,019 5.13%
MONROE, LA (FHA|USDA|VA) 1 $565,000 $565,000 $6,175 4.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $560,000 $280,000 $3,702 4.50%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $550,000 $275,000 $6,362 4.94%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $530,000 $265,000 $4,808 5.25%
Kill Devil Hills, NC (FHA|USDA|VA) 2 $520,000 $260,000 $3,458 5.13%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $505,000 $505,000 $6,641 4.63%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $490,000 $245,000 $3,113 4.69%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 4 $480,000 $120,000 $6,231 5.09%
GETTYSBURG, PA (FHA|USDA|VA) 2 $480,000 $240,000 $8,045 4.06%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 2 $480,000 $240,000 $4,378 4.31%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 3 $475,000 $158,333 $4,459 5.33%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $455,000 $455,000 $2,233 4.10%
Lebanon, NH-VT (FHA|USDA|VA) 1 $455,000 $455,000 $3,550 3.88%
ANN ARBOR, MI (FHA|USDA|VA) 2 $440,000 $220,000 $4,283 6.06%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $425,000 $425,000 $4,653 4.13%
EL PASO, TX (FHA|USDA|VA) 2 $410,000 $205,000 $5,570 5.13%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $400,000 $200,000 $3,476 4.25%
GAINESVILLE, GA (FHA|USDA|VA) 2 $380,000 $190,000 $5,657 4.56%
Frankfort, IN (FHA|USDA|VA) 1 $375,000 $375,000 $4,176 4.25%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $375,000 $375,000 $2,520 4.50%
PITTSBURGH, PA (FHA|USDA|VA) 2 $370,000 $185,000 $7,914 4.88%
Zanesville, OH (FHA|USDA|VA) 2 $370,000 $185,000 $6,424 5.06%
BOULDER, CO (FHA|USDA|VA) 1 $365,000 $365,000 $3,645 4.38%
COLUMBIA, SC (FHA|USDA|VA) 2 $360,000 $180,000 $7,998 4.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $345,000 $345,000 $4,828 4.75%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $325,000 $325,000 $3,902 5.25%
COLUMBUS, OH (FHA|USDA|VA) 2 $320,000 $160,000 $5,271 4.69%
LYNCHBURG, VA (FHA|USDA|VA) 3 $315,000 $105,000 $5,314 4.54%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $315,000 $315,000 $4,898 4.75%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $310,000 $155,000 $4,765 4.38%
VALDOSTA, GA (FHA|USDA|VA) 2 $310,000 $155,000 $6,168 4.69%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $305,000 $305,000 $3,760 4.50%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $300,000 $150,000 $5,772 4.94%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $295,000 $295,000 $4,739 4.75%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $285,000 $285,000 $4,907 5.13%
ALBANY, GA (FHA|USDA|VA) 1 $275,000 $275,000 $2,493 4.75%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $275,000 $275,000 $5,201 6.00%
Sayre, PA (FHA|USDA|VA) 1 $255,000 $255,000 $5,660 4.63%
Lewisburg, TN (FHA|USDA|VA) 1 $255,000 $255,000 $8,624 5.63%
Sanford, NC (FHA|USDA|VA) 1 $245,000 $245,000 $5,245 4.63%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $245,000 $245,000 $8,805 4.88%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $235,000 $235,000 $11,935 4.13%
Campbellsville, KY (FHA|USDA|VA) 1 $225,000 $225,000 $8,983 4.50%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $2,696 4.50%
Cedartown, GA (FHA|USDA|VA) 1 $215,000 $215,000 $3,794 4.88%
MORGANTOWN, WV (FHA|USDA|VA) 1 $215,000 $215,000 $3,506 4.75%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $215,000 $215,000 $5,885 4.38%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $215,000 $215,000 $10,594 5.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $210,000 $105,000 $3,702 4.63%
Calhoun, GA (FHA|USDA|VA) 1 $205,000 $205,000 $7,528 5.00%
GLENS FALLS, NY (FHA|USDA|VA) 1 $205,000 $205,000 $3,230 4.50%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $205,000 $205,000 $4,295 4.13%
Bemidji, MN (FHA|USDA|VA) 1 $205,000 $205,000 $3,515 5.38%
JACKSON, TN (FHA|USDA|VA) 1 $195,000 $195,000 $7,369 4.88%
LOGAN, UT-ID (FHA|USDA|VA) 1 $195,000 $195,000 $5,123 5.00%
HAMMOND, LA (FHA|USDA|VA) 1 $195,000 $195,000 $6,815 5.13%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $195,000 $195,000 $5,191 6.13%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $185,000 $185,000 $2,680 4.75%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $185,000 $185,000 $3,334 4.75%
Newberry, SC (FHA|USDA|VA) 1 $175,000 $175,000 $217 4.75%
LINCOLN, NE (FHA|USDA|VA) 1 $175,000 $175,000 $2,815 4.50%
Palatka, FL (FHA|USDA|VA) 1 $175,000 $175,000 $9,337 3.75%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $170,000 $85,000 $4,227 4.81%
ROCKY MOUNT, NC (FHA|USDA|VA) 1 $165,000 $165,000 $0 3.88%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $165,000 $165,000 $4,635 5.38%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $165,000 $165,000 $5,627 5.00%
KNOXVILLE, TN (FHA|USDA|VA) 1 $165,000 $165,000 $2,968 4.88%
BRUNSWICK, GA (FHA|USDA|VA) 1 $165,000 $165,000 $7,699 4.13%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $165,000 $165,000 $6,714 4.75%
JACKSON, MI (FHA|USDA|VA) 1 $155,000 $155,000 $4,211 6.00%
TUCSON, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $8,060 5.13%
FLINT, MI (FHA|USDA|VA) 1 $155,000 $155,000 $7,394 5.50%
TULSA, OK (FHA|USDA|VA) 1 $155,000 $155,000 $6,722 4.50%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $155,000 $155,000 $3,949 4.50%
VISALIA, CA (FHA|USDA|VA) 1 $145,000 $145,000 $5,800 5.50%
Tupelo, MS (FHA|USDA|VA) 1 $145,000 $145,000 $5,851 4.88%
Opelousas, LA (FHA|USDA|VA) 1 $145,000 $145,000 $3,613 4.88%
Sunbury, PA (FHA|USDA|VA) 1 $135,000 $135,000 $5,193 4.50%
ROCHESTER, NY (FHA|USDA|VA) 1 $125,000 $125,000 $4,535 5.25%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $125,000 $125,000 $2,292 4.88%
Kendallville, IN (FHA|USDA|VA) 1 $115,000 $115,000 $4,663 3.75%
DULUTH, MN-WI (FHA|USDA|VA) 1 $115,000 $115,000 $4,513 4.75%
Wooster, OH (FHA|USDA|VA) 1 $115,000 $115,000 $4,303 4.38%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $115,000 $115,000 $5,819 5.00%
BECKLEY, WV (FHA|USDA|VA) 1 $115,000 $115,000 $5,798 4.75%
FORT COLLINS, CO (FHA|USDA|VA) 1 $105,000 $105,000 $2,710 4.88%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $105,000 $105,000 $3,129 5.25%
Cambridge, MD (FHA|USDA|VA) 1 $105,000 $105,000 $4,147 5.75%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $105,000 $105,000 $5,184 5.00%
TERRE HAUTE, IN (FHA|USDA|VA) 1 $105,000 $105,000 $2,994 4.50%
Auburn, IN (FHA|USDA|VA) 1 $105,000 $105,000 $4,905 4.50%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $105,000 $105,000 $4,785 5.13%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $95,000 $95,000 $4,088 5.13%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $95,000 $95,000 $3,677 4.75%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $95,000 $95,000 $4,382 4.63%
Oil City, PA (FHA|USDA|VA) 1 $85,000 $85,000 $4,584 4.88%
Tahlequah, OK (FHA|USDA|VA) 1 $85,000 $85,000 $5,503 4.13%
Angola, IN (FHA|USDA|VA) 1 $85,000 $85,000 $4,861 5.63%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 1 $75,000 $75,000 $4,305 5.00%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $75,000 $75,000 $3,629 5.00%
Coshocton, OH (FHA|USDA|VA) 1 $25,000 $25,000 $2,136 5.50%
Access National Bank's top markets include Washington, Atlanta, Nashville, Indianapolis, and Bluefield among others.

Their top states include:
  • Virginia (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Access National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    PATRIOT
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    The Garrett State Bank
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    MCNB Bank and Trust Co.
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    CORNING
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    Greenfield Banking Company
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    First Community Bank
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    Bank of Clarke County
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 961 $309,075,000 $321,618 $4,804 4.84%
    FHA 299 $58,475,000 $195,569 $7,453 4.83%
    VA 139 $40,865,000 $293,993 $6,553 4.63%
    USDA 75 $9,225,000 $123,000 $4,752 4.89%

    For 2018, Access National Bank's most frequently originated type of loan was Conventional, with 961 originations. Their 2nd most popular type was FHA, with 299 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,175 $336,495,000 $286,379 $5,575 4.83%
    Cash Out Refi 173 $42,295,000 $244,480 $5,928 4.82%
    Refi 111 $35,925,000 $323,649 $4,600 4.64%
    Other 11 $1,755,000 $159,545 $2,376 5.00%
    Home Improvement 4 $1,170,000 $292,500 $6,292 5.40%

    For 2018, Access National Bank's most frequently cited loan purpose was Home Purchase, with 1,175 originations. The 2nd most popular reason was Cash Out Refi, with 173 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,349 $369,485,000 $273,895 $5,594 4.82%
    15 Year 62 $14,460,000 $233,226 $4,514 4.49%
    20 Year 20 $4,630,000 $231,500 $4,336 4.70%
    10 Year 14 $5,440,000 $388,571 $3,704 4.88%
    Other 12 $8,810,000 $734,167 $6,294 5.39%
    1 Year 11 $12,875,000 $1,170,455 $5,100 5.69%
    5 Year 5 $1,755,000 $351,000 $0 5.23%
    3 Year 1 $185,000 $185,000 $777 5.00%

    For 2018, Access National Bank's most frequently cited loan duration was 30 Year, with 1,349 originations. The 2nd most popular length was 15 Year, with 62 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 694 $173,320,000 $249,741
    $2k-3k 290 $63,170,000 $217,828
    $3k-4k 149 $40,655,000 $272,852
    $<1k 133 $39,405,000 $296,278
    $5k+ 91 $44,835,000 $492,692
    $4k-5k 82 $28,470,000 $347,195

    Access National Bank's average total fees were $5,594, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 694 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,055 $310,305,000 $294,128
    5-6% 349 $85,125,000 $243,911
    3-4% 58 $18,560,000 $320,000
    6-7% 12 $3,650,000 $304,167

    During 2018, Access National Bank's average interest rate for loans was 4.82%, while their most frequently originated rate bucket for loans was 4-5%, with 1,055 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 574 $161,470,000 $281,307 $5,844 4.77%
    $100k-200k 471 $70,745,000 $150,202 $4,760 4.87%
    $400k-600k 189 $88,535,000 $468,439 $6,342 4.70%
    $100,000 or less 144 $10,930,000 $75,903 $3,733 5.06%
    $600k-1MM 74 $52,310,000 $706,892 $8,745 4.67%
    $1MM+ 22 $33,650,000 $1,529,545 $9,644 4.85%

    2018 saw Access National Bank place emphasis on $200k-400k loans with 574 originations, totaling $161,470,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 349 $67,575,000 $193,625 $5,201 4.80%
    $50k or less 278 $35,690,000 $128,381 $4,736 4.91%
    $75k-100k 252 $64,770,000 $257,024 $6,122 4.76%
    $100k-150k 247 $79,685,000 $322,611 $5,623 4.78%
    $150k-250k 180 $75,240,000 $418,000 $6,041 4.79%
    $250k+ 131 $66,845,000 $510,267 $6,034 4.78%

    Access National Bank lent most frequently to those with incomes in the $50k-75k range, with 349 originations. The second most popular income band? $50k or less, with 278 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 262 $72,960,000 $278,473 $4,992 4.78%
    30-36% 250 $62,850,000 $251,400 $5,365 4.81%
    44% 78 $18,050,000 $231,410 $5,410 4.87%
    40% 77 $23,165,000 $300,844 $5,551 4.84%
    <20% 77 $21,015,000 $272,922 $4,558 4.79%
    49% 73 $18,565,000 $254,315 $6,108 4.78%
    42% 68 $21,160,000 $311,176 $5,735 4.82%
    41% 62 $17,850,000 $287,903 $5,262 4.78%
    48% 59 $17,865,000 $302,797 $6,004 4.74%
    47% 58 $16,820,000 $290,000 $6,027 4.79%
    43% 57 $14,535,000 $255,000 $5,590 4.81%
    36% 55 $14,955,000 $271,909 $5,236 4.73%
    37% 52 $13,450,000 $258,654 $5,583 4.91%
    38% 49 $13,835,000 $282,347 $5,192 4.95%
    46% 46 $9,830,000 $213,696 $5,763 4.82%
    39% 42 $11,950,000 $284,524 $5,683 4.88%
    45% 39 $9,885,000 $253,462 $6,357 4.94%
    50-60% 37 $11,475,000 $310,135 $9,199 4.64%
    >60% 2 $1,290,000 $645,000 $5,180 5.38%

    Access National Bank lent most frequently to those with DTI ratios of 20-30%, with 262 originations. The next most common DTI ratio? 30-36%, with 250 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,112 $290,380,000 $261,133 $5,340 4.82%
    Not provided 131 $45,195,000 $345,000 $6,100 4.78%
    Black 144 $38,560,000 $267,778 $6,461 4.78%
    Not applicable 30 $25,530,000 $851,000 $0 5.29%
    Asian 54 $17,230,000 $319,074 $5,372 4.75%
    Native Hawaiian or Islander 1 $485,000 $485,000 $4,386 5.13%
    American Indian 2 $260,000 $130,000 $5,919 4.50%

    Approval Rates

    Total approvals of all applications
    85.62%

    Access National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    76.26%

    Access National Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,474 $417,640,000 $283,338

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 3 $6,585,000 $2,195,000
    Single Family (1-4 Units):Manufactured 8 $930,000 $116,250
    Single Family (1-4 Units):Site-Built 1,463 $410,125,000 $280,332

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 27 $6,735,000 $249,444 $4,366 4.80%
    40-60% 85 $37,295,000 $438,765 $5,323 4.75%
    60-80% 365 $126,055,000 $345,356 $5,140 4.84%
    80-100% 946 $236,610,000 $250,116 $5,613 4.82%
    Over 100% 29 $8,775,000 $302,586 $10,973 4.68%
    Under 20% 21 $1,985,000 $94,524 $2,256 4.95%