The First National Bank And Trust Company Of Broken Arrow Mortgage Rates, Fees & Info
Broken Arrow, OKLEI: 549300R6P9WVVQOQF705
Tax ID: 73-0160957
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Mortgage Data
Review & Overview
The First National Bank And Trust Company Of Broken Arrow is a smaller bank specializing in Home Purchase loans. The First National Bank And Trust Company Of Broken Arrow has a high proportion of conventional loans. Their top markets by origination volume include: Tulsa, Oklahoma City, Miami, Lewiston, and Savannah among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)The First National Bank And Trust Company Of Broken Arrow 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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Originations
89Origination Dollar Volume (All Markets)
$21,035,000Top 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 |
|---|---|---|---|---|---|
| TULSA, OK (FHA|USDA|VA) | 64 | $14,570,000 | $227,656 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 18 | $2,860,000 | $158,889 | $0 | 0.00% |
| Miami, OK (FHA|USDA|VA) | 1 | $1,675,000 | $1,675,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $710,000 | $355,000 | $0 | 0.00% |
| LEWISTON-AUBURN, ME (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 0.00% |
| Tahlequah, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Bartlesville, OK (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 89 | $21,035,000 | $236,348 | $0 | 0.00% |
For 2023, The First National Bank And Trust Company Of Broken Arrow's most frequently originated type of loan was Conventional, with 89 originations.
Loan Reason
For 2023, The First National Bank And Trust Company Of Broken Arrow's most frequently cited loan purpose was Home Purchase, with 53 originations. The 2nd most popular reason was Refi, with 22 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 89 | $21,035,000 | $236,348 | $0 | 0.00% |
For 2023, The First National Bank And Trust Company Of Broken Arrow's most frequently cited loan duration was Other, with 89 originations.
Loan Sizing
2023 saw The First National Bank And Trust Company Of Broken Arrow place emphasis on $100k-200k loans with 34 originations, totaling $4,940,000 in origination value.
Applicant Income
The First National Bank And Trust Company Of Broken Arrow lent most frequently to those with incomes in the $100k-150k range, with 10 originations. The second most popular income band? $150k-250k, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 89 | $21,035,000 | $236,348 | $0 | 0.00% |
The First National Bank And Trust Company Of Broken Arrow lent most frequently to those with DTI ratios of Exempt%, with 89 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.33%
The First National Bank And Trust Company Of Broken Arrow has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination85.39%
The First National Bank And Trust Company Of Broken Arrow has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 89 | $21,035,000 | $236,348 |