Texas Bank And Trust Company Mortgage Rates, Fees & Info

Longview, TX

LEI: 549300TETFK3GXOHZ594

Tax ID: 75-0962666

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Mortgage Data

Review & Overview

Texas Bank And Trust Company is a smaller bank specializing in Home Purchase loans. Texas Bank And Trust Company has a high proportion of conventional loans. Their top markets by origination volume include: Tyler, Dallas, Longview, Houston, and Austin among others. We have data for 22 markets. (Some data included below & more in-depth data is available with an active subscription.)

Texas Bank And Trust Company 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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.48% 12/2/24
30 Year Conventional Refi 6.80% 12/2/24
30 Year Cash-out Refi 6.81% 12/2/24
15 Year Conventional Purchase 5.73% 12/2/24
15 Year Conventional Refi 6.41% 12/2/24
15 Year Cash-out Refi 6.41% 12/2/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Texas Bank And Trust Company Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Texas Bank And Trust Company. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

384

Origination Dollar Volume (All Markets)

$142,520,000

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
TYLER, TX (FHA|USDA|VA) 144 $46,070,000 $319,931 $0 0.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 67 $42,835,000 $639,328 $0 0.00%
LONGVIEW, TX (FHA|USDA|VA) 93 $23,035,000 $247,688 $0 0.00%
Outside of Metro Areas 36 $9,830,000 $273,056 $0 0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 8 $4,300,000 $537,500 $0 0.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $3,070,000 $767,500 $0 0.00%
Athens, TX (FHA|USDA|VA) 8 $2,590,000 $323,750 $0 0.00%
Breckenridge, CO (FHA|USDA|VA) 1 $2,125,000 $2,125,000 $0 0.00%
SHERMAN-DENISON, TX (FHA|USDA|VA) 5 $2,025,000 $405,000 $0 0.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $0 0.00%
Jacksonville, TX (FHA|USDA|VA) 4 $940,000 $235,000 $0 0.00%
Key West, FL (FHA|USDA|VA) 1 $805,000 $805,000 $0 0.00%
Mount Pleasant, TX (FHA|USDA|VA) 2 $550,000 $275,000 $0 0.00%
Granbury, TX (FHA|USDA|VA) 1 $485,000 $485,000 $0 0.00%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $445,000 $445,000 $0 0.00%
WACO, TX (FHA|USDA|VA) 1 $425,000 $425,000 $0 0.00%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $375,000 $375,000 $0 0.00%
ASHEVILLE, NC (FHA|USDA|VA) 1 $365,000 $365,000 $0 0.00%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $360,000 $180,000 $0 0.00%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
LUBBOCK, TX (FHA|USDA|VA) 1 $315,000 $315,000 $0 0.00%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%
Texas Bank And Trust Company's top markets include Tyler, Dallas, Longview, Houston, and Austin among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against Texas Bank and Trust Company based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Austin Bank, Texas
    Similarity Rank: 400
    FC LENDING, LTD.
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    East West Bank
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    DATCU
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    PRIORITY HOME MORTGAGE, L.P.
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    VeraBank
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    AAXY L.L.C.
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 384 $142,520,000 $371,146 $0 0.00%

    For 2023, Texas Bank And Trust Company's most frequently originated type of loan was Conventional, with 384 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 296 $122,790,000 $414,831 $0 0.00%
    Refi 25 $7,425,000 $297,000 $0 0.00%
    Home Improvement 23 $2,865,000 $124,565 $0 0.00%
    Other 21 $4,155,000 $197,857 $0 0.00%
    Cash Out Refi 19 $5,285,000 $278,158 $0 0.00%

    For 2023, Texas Bank And Trust Company's most frequently cited loan purpose was Home Purchase, with 296 originations. The 2nd most popular reason was Refi, with 25 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 384 $142,520,000 $371,146 $0 0.00%

    For 2023, Texas Bank And Trust Company's most frequently cited loan duration was Other, with 384 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 135 $39,595,000 $293,296 $0 0.00%
    $100k-200k 75 $11,065,000 $147,533 $0 0.00%
    $400k-600k 66 $31,940,000 $483,939 $0 0.00%
    $100,000 or less 56 $3,740,000 $66,786 $0 0.00%
    $600k-1MM 34 $25,620,000 $753,529 $0 0.00%
    $1MM+ 18 $30,560,000 $1,697,778 $0 0.00%

    2023 saw Texas Bank And Trust Company place emphasis on $200k-400k loans with 135 originations, totaling $39,595,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 85 $56,025,000 $659,118 $0 0.00%
    $150k-250k 77 $27,805,000 $361,104 $0 0.00%
    $100k-150k 68 $20,160,000 $296,471 $0 0.00%
    $75k-100k 41 $8,595,000 $209,634 $0 0.00%
    $50k-75k 29 $5,705,000 $196,724 $0 0.00%
    $50k or less 14 $1,200,000 $85,714 $0 0.00%

    Texas Bank And Trust Company lent most frequently to those with incomes in the $250k+ range, with 85 originations. The second most popular income band? $150k-250k, with 77 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 384 $142,520,000 $371,146 $0 0.00%

    Texas Bank And Trust Company lent most frequently to those with DTI ratios of Exempt%, with 384 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 275 $90,995,000 $330,891 $0 0.00%
    Not applicable 62 $20,510,000 $330,806 $0 0.00%
    Not provided 31 $20,465,000 $660,161 $0 0.00%
    Asian 5 $6,235,000 $1,247,000 $0 0.00%
    Black 5 $1,435,000 $287,000 $0 0.00%
    Asian Indian 2 $1,390,000 $695,000 $0 0.00%
    American Indian 3 $1,085,000 $361,667 $0 0.00%
    Other Pacific Islander 1 $405,000 $405,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.64%

    Texas Bank And Trust Company has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    70.83%

    Texas Bank And Trust Company has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 384 $142,520,000 $371,146

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    384 $142,520,000 $371,146