First National Bank In Port Lavaca Mortgage Rates, Fees & Info
Port Lavaca, TXLEI: 549300S3XVSI9XULIM45
Tax ID: 74-1296016
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
First National Bank In Port Lavaca is a smaller bank specializing in Home Purchase loans. First National Bank In Port Lavaca has a high proportion of conventional loans. Their top markets by origination volume include: Port Lavaca, Victoria, San Antonio, Houston, and Corpus Christi among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank In Port Lavaca has an 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
69Origination Dollar Volume (All Markets)
$15,665,000Top 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 |
|---|---|---|---|---|---|
| Port Lavaca, TX (FHA|USDA|VA) | 40 | $6,590,000 | $164,750 | $0 | 0.00% |
| VICTORIA, TX (FHA|USDA|VA) | 11 | $2,055,000 | $186,818 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $1,980,000 | $990,000 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $1,815,000 | $605,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $0 | 0.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| Outside of Metro Areas | 4 | $450,000 | $112,500 | $0 | 0.00% |
| Weatherford, OK (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $0 | 0.00% |
| Rockport, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 69 | $15,665,000 | $227,029 | $0 | 0.00% |
For 2023, First National Bank In Port Lavaca's most frequently originated type of loan was Conventional, with 69 originations.
Loan Reason
For 2023, First National Bank In Port Lavaca's most frequently cited loan purpose was Home Purchase, with 51 originations. The 2nd most popular reason was Other, with 5 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 69 | $15,665,000 | $227,029 | $0 | 0.00% |
For 2023, First National Bank In Port Lavaca's most frequently cited loan duration was Other, with 69 originations.
Loan Sizing
2023 saw First National Bank In Port Lavaca place emphasis on $100k-200k loans with 30 originations, totaling $4,210,000 in origination value.
Applicant Income
First National Bank In Port Lavaca lent most frequently to those with incomes in the $100k-150k range, with 18 originations. The second most popular income band? $150k-250k, with 15 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 69 | $15,665,000 | $227,029 | $0 | 0.00% |
First National Bank In Port Lavaca lent most frequently to those with DTI ratios of Exempt%, with 69 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications77.88%
First National Bank In Port Lavaca has a below average approval rate.
Pick Rate
Approvals leading to origination72.46%
First National Bank In Port Lavaca has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 69 | $15,665,000 | $227,029 |