The First National Bank And Trust Company Of Broken Arrow Mortgage Rates, Fees & Info

Broken Arrow, OK

LEI: 549300R6P9WVVQOQF705

Tax ID: 73-0160957

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    The First National Bank And Trust Company Of Broken Arrow is a smaller bank specializing in Refi and 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, Minneapolis, and Duncan among others. We have data for 3 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

    42

    Origination Dollar Volume (All Markets)

    $10,800,000

    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
    TULSA, OK (FHA|USDA|VA) 40 $10,520,000 $263,000 $0 0.00%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $225,000 $225,000 $0 0.00%
    Duncan, OK (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
    The First National Bank And Trust Company Of Broken Arrow's top markets include Tulsa, Minneapolis, and Duncan among others.

    Their top states include:
  • Oklahoma (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 42 $10,800,000 $257,143 $0 0.00%

    For 2019, The First National Bank And Trust Company Of Broken Arrow's most frequently originated type of loan was Conventional, with 42 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 21 $5,955,000 $283,571 $0 0.00%
    Home Purchase 16 $4,440,000 $277,500 $0 0.00%
    Home Improvement 3 $145,000 $48,333 $0 0.00%
    Other 2 $260,000 $130,000 $0 0.00%

    For 2019, The First National Bank And Trust Company Of Broken Arrow's most frequently cited loan purpose was Refi, with 21 originations. The 2nd most popular reason was Home Purchase, with 16 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 42 $10,800,000 $257,143 $0 0.00%

    For 2019, The First National Bank And Trust Company Of Broken Arrow's most frequently cited loan duration was Other, with 42 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 18 $980,000 $54,444 $0 0.00%
    $100k-200k 13 $1,605,000 $123,462 $0 0.00%
    $200k-400k 8 $2,310,000 $288,750 $0 0.00%
    $1MM+ 2 $5,190,000 $2,595,000 $0 0.00%
    $600k-1MM 1 $715,000 $715,000 $0 0.00%

    2019 saw The First National Bank And Trust Company Of Broken Arrow place emphasis on $100,000 or less loans with 18 originations, totaling $980,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 6 $780,000 $130,000 $0 0.00%
    $150k-250k 6 $600,000 $100,000 $0 0.00%
    $50k-75k 4 $520,000 $130,000 $0 0.00%
    $50k or less 3 $265,000 $88,333 $0 0.00%
    $250k+ 2 $2,360,000 $1,180,000 $0 0.00%
    $75k-100k 2 $340,000 $170,000 $0 0.00%

    The First National Bank And Trust Company Of Broken Arrow lent most frequently to those with incomes in the $100k-150k range, with 6 originations. The second most popular income band? $150k-250k, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 42 $10,800,000 $257,143 $0 0.00%

    The First National Bank And Trust Company Of Broken Arrow lent most frequently to those with DTI ratios of Exempt%, with 42 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 18 $5,790,000 $321,667 $0 0.00%
    White 23 $4,865,000 $211,522 $0 0.00%
    Asian 1 $145,000 $145,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    92.59%

    The First National Bank And Trust Company Of Broken Arrow has an average approval rate.

    Pick Rate

    Approvals leading to origination
    83.33%

    The First National Bank And Trust Company Of Broken Arrow has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 42 $10,800,000 $257,143

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 42 $10,800,000 $257,143