First-lockhart National Bank Mortgage Rates, Fees & Info

Lockhart, TX

LEI: 549300RZIWJWJ035S336

Tax ID: 74-0750132

Latest/2024 | 2023 Data | 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

    First-lockhart National Bank is a smaller bank specializing in Other and Home Purchase loans. First-lockhart National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Austin, San Antonio, Fredericksburg, and Asheville among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    First-lockhart National Bank 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.

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    Originations

    32

    Origination Dollar Volume (All Markets)

    $10,190,000

    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
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 25 $5,545,000 $221,800 $0 0.00%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $2,025,000 $675,000 $0 0.00%
    Outside of Metro Areas 2 $1,260,000 $630,000 $0 0.00%
    Fredericksburg, TX (FHA|USDA|VA) 1 $805,000 $805,000 $0 0.00%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $555,000 $555,000 $0 0.00%
    First-lockhart National Bank's top markets include Austin, San Antonio, Fredericksburg, and Asheville among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 32 $10,190,000 $318,438 $0 0.00%

    For 2024, First-lockhart National Bank's most frequently originated type of loan was Conventional, with 32 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 16 $2,090,000 $130,625 $0 0.00%
    Home Purchase 14 $7,160,000 $511,429 $0 0.00%
    Home Improvement 1 $135,000 $135,000 $0 0.00%
    Cash Out Refi 1 $805,000 $805,000 $0 0.00%

    For 2024, First-lockhart National Bank's most frequently cited loan purpose was Other, with 16 originations. The 2nd most popular reason was Home Purchase, with 14 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 32 $10,190,000 $318,438 $0 0.00%

    For 2024, First-lockhart National Bank's most frequently cited loan duration was Other, with 32 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 8 $540,000 $67,500 $0 0.00%
    $100k-200k 8 $1,080,000 $135,000 $0 0.00%
    $200k-400k 7 $2,055,000 $293,571 $0 0.00%
    $400k-600k 4 $1,820,000 $455,000 $0 0.00%
    $600k-1MM 3 $2,245,000 $748,333 $0 0.00%
    $1MM+ 2 $2,450,000 $1,225,000 $0 0.00%

    2024 saw First-lockhart National Bank place emphasis on $100,000 or less loans with 8 originations, totaling $540,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 9 $2,095,000 $232,778 $0 0.00%
    $150k-250k 6 $1,800,000 $300,000 $0 0.00%
    $50k-75k 4 $440,000 $110,000 $0 0.00%
    $50k or less 3 $205,000 $68,333 $0 0.00%
    $250k+ 2 $530,000 $265,000 $0 0.00%
    $75k-100k 2 $450,000 $225,000 $0 0.00%

    First-lockhart National Bank lent most frequently to those with incomes in the $100k-150k range, with 9 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% 32 $10,190,000 $318,438 $0 0.00%

    First-lockhart National Bank lent most frequently to those with DTI ratios of Exempt%, with 32 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 21 $4,835,000 $230,238 $0 0.00%
    Not applicable 6 $4,670,000 $778,333 $0 0.00%
    American Indian 2 $360,000 $180,000 $0 0.00%
    Not provided 3 $325,000 $108,333 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.87%

    First-lockhart National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.38%

    First-lockhart National Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 32 $10,190,000 $318,438

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    32 $10,190,000 $318,438