The First National Bank And Trust Company Of Broken Arrow Mortgage Rates, Fees & Info
Broken Arrow, OKLEI: 549300R6P9WVVQOQF705
Tax ID: 73-0160957
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
The First National Bank And Trust Company Of Broken Arrow is a smaller bank specializing in Home Purchase and Refi 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, Dallas, and Duncan among others. We have data for 5 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.
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.
Originations
56Origination Dollar Volume (All Markets)
$16,930,000Top 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) | 47 | $13,215,000 | $281,170 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 4 | $2,190,000 | $547,500 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $650,000 | $325,000 | $0 | 0.00% |
| Duncan, OK (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 56 | $16,930,000 | $302,321 | $0 | 0.00% |
For 2018, The First National Bank And Trust Company Of Broken Arrow's most frequently originated type of loan was Conventional, with 56 originations.
Loan Reason
For 2018, The First National Bank And Trust Company Of Broken Arrow's most frequently cited loan purpose was Home Purchase, with 27 originations. The 2nd most popular reason was Refi, with 21 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 56 | $16,930,000 | $302,321 | $0 | 0.00% |
For 2018, The First National Bank And Trust Company Of Broken Arrow's most frequently cited loan duration was Other, with 56 originations.
Loan Sizing
2018 saw The First National Bank And Trust Company Of Broken Arrow place emphasis on $100,000 or less loans with 22 originations, totaling $1,230,000 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 8 originations. The second most popular income band? $250k+, with 4 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 56 | $16,930,000 | $302,321 | $0 | 0.00% |
The First National Bank And Trust Company Of Broken Arrow lent most frequently to those with DTI ratios of Exempt%, with 56 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.41%
The First National Bank And Trust Company Of Broken Arrow has an average approval rate.
Pick Rate
Approvals leading to origination85.71%
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 | 56 | $16,930,000 | $302,321 |