First-lockhart National Bank Mortgage Rates, Fees & Info

Lockhart, TX

LEI: 549300RZIWJWJ035S336

Tax ID: 74-0750132

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

    First-lockhart National Bank is a smaller bank specializing in Home Purchase loans. First-lockhart National Bank has a high proportion of conventional loans. Their top markets by origination volume include: Austin, San Antonio, College Station, Houston, and Port Lavaca among others. We have data for 6 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.

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    Originations

    57

    Origination Dollar Volume (All Markets)

    $20,465,000

    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) 45 $14,845,000 $329,889 $0 0.00%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $1,875,000 $625,000 $0 0.00%
    Outside of Metro Areas 6 $1,630,000 $271,667 $0 0.00%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $1,345,000 $1,345,000 $0 0.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $555,000 $555,000 $0 0.00%
    Port Lavaca, TX (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
    First-lockhart National Bank's top markets include Austin, San Antonio, College Station, Houston, and Port Lavaca among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 57 $20,465,000 $359,035 $0 0.00%

    For 2023, First-lockhart National Bank's most frequently originated type of loan was Conventional, with 57 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 28 $13,220,000 $472,143 $0 0.00%
    Other 14 $1,990,000 $142,143 $0 0.00%
    Cash Out Refi 10 $2,730,000 $273,000 $0 0.00%
    Refi 4 $2,160,000 $540,000 $0 0.00%
    Home Improvement 1 $365,000 $365,000 $0 0.00%

    For 2023, First-lockhart National Bank's most frequently cited loan purpose was Home Purchase, with 28 originations. The 2nd most popular reason was Other, with 14 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 57 $20,465,000 $359,035 $0 0.00%

    For 2023, First-lockhart National Bank's most frequently cited loan duration was Other, with 57 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 18 $5,170,000 $287,222 $0 0.00%
    $100k-200k 15 $2,365,000 $157,667 $0 0.00%
    $100,000 or less 9 $695,000 $77,222 $0 0.00%
    $600k-1MM 8 $5,810,000 $726,250 $0 0.00%
    $400k-600k 4 $2,050,000 $512,500 $0 0.00%
    $1MM+ 3 $4,375,000 $1,458,333 $0 0.00%

    2023 saw First-lockhart National Bank place emphasis on $200k-400k loans with 18 originations, totaling $5,170,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 18 $10,190,000 $566,111 $0 0.00%
    $150k-250k 13 $4,725,000 $363,462 $0 0.00%
    $75k-100k 10 $2,000,000 $200,000 $0 0.00%
    $50k-75k 6 $850,000 $141,667 $0 0.00%
    $100k-150k 3 $375,000 $125,000 $0 0.00%
    $50k or less 2 $130,000 $65,000 $0 0.00%

    First-lockhart National Bank lent most frequently to those with incomes in the $250k+ range, with 18 originations. The second most popular income band? $150k-250k, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 57 $20,465,000 $359,035 $0 0.00%

    First-lockhart National Bank lent most frequently to those with DTI ratios of Exempt%, with 57 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 45 $16,455,000 $365,667 $0 0.00%
    Not applicable 5 $2,195,000 $439,000 $0 0.00%
    Not provided 6 $1,780,000 $296,667 $0 0.00%
    American Indian 1 $35,000 $35,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.74%

    First-lockhart National Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    73.68%

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

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 57 $20,465,000 $359,035

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    57 $20,465,000 $359,035