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
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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, Houston, San Antonio, and Rockport among others. We have data for 9 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.
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Originations
132Origination Dollar Volume (All Markets)
$35,370,000Top 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) | 88 | $20,690,000 | $235,114 | $0 | 0.00% |
| VICTORIA, TX (FHA|USDA|VA) | 21 | $4,975,000 | $236,905 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 3 | $2,645,000 | $881,667 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $1,710,000 | $855,000 | $0 | 0.00% |
| Outside of Metro Areas | 7 | $1,695,000 | $242,143 | $0 | 0.00% |
| Rockport, TX (FHA|USDA|VA) | 4 | $1,680,000 | $420,000 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 4 | $1,030,000 | $257,500 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| Bay City, TX (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 132 | $35,370,000 | $267,955 | $0 | 0.00% |
For 2022, First National Bank In Port Lavaca's most frequently originated type of loan was Conventional, with 132 originations.
Loan Reason
For 2022, First National Bank In Port Lavaca's most frequently cited loan purpose was Home Purchase, with 99 originations. The 2nd most popular reason was Cash Out Refi, with 21 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 132 | $35,370,000 | $267,955 | $0 | 0.00% |
For 2022, First National Bank In Port Lavaca's most frequently cited loan duration was Other, with 132 originations.
Loan Sizing
2022 saw First National Bank In Port Lavaca place emphasis on $100k-200k loans with 47 originations, totaling $6,865,000 in origination value.
Applicant Income
First National Bank In Port Lavaca lent most frequently to those with incomes in the $150k-250k range, with 34 originations. The second most popular income band? $100k-150k, with 32 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 132 | $35,370,000 | $267,955 | $0 | 0.00% |
First National Bank In Port Lavaca lent most frequently to those with DTI ratios of Exempt%, with 132 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.63%
First National Bank In Port Lavaca has an average approval rate.
Pick Rate
Approvals leading to origination71.21%
First National Bank In Port Lavaca has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 132 | $35,370,000 | $267,955 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |