Avb Bank Mortgage Rates, Fees & Info

Broken Arrow, OK

LEI: 549300U0JNFQTFMNJ219

Tax ID: 73-0131240

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Review & Overview

Avb Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Avb Bank has a high proportion of conventional loans. Their top markets by origination volume include: Tulsa, Oklahoma City, Houston, and Bartlesville among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

Avb 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.

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

58

Origination Dollar Volume (All Markets)

$15,270,000

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
TULSA, OK (FHA|USDA|VA) 50 $13,430,000 $268,600 $0 0.00%
Outside of Metro Areas 3 $1,005,000 $335,000 $0 0.00%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $395,000 $395,000 $0 0.00%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $245,000 $245,000 $0 0.00%
Bartlesville, OK (FHA|USDA|VA) 3 $195,000 $65,000 $0 0.00%
Avb Bank's top markets include Tulsa, Oklahoma City, Houston, and Bartlesville among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 58 $15,270,000 $263,276 $0 0.00%

    For 2024, Avb Bank's most frequently originated type of loan was Conventional, with 58 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 29 $8,915,000 $307,414 $0 0.00%
    Refi 15 $1,685,000 $112,333 $0 0.00%
    Cash Out Refi 12 $4,450,000 $370,833 $0 0.00%
    Other 2 $220,000 $110,000 $0 0.00%

    For 2024, Avb Bank's most frequently cited loan purpose was Home Purchase, with 29 originations. The 2nd most popular reason was Refi, with 15 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 58 $15,270,000 $263,276 $0 0.00%

    For 2024, Avb Bank's most frequently cited loan duration was Other, with 58 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 21 $5,645,000 $268,810 $0 0.00%
    $100,000 or less 20 $1,240,000 $62,000 $0 0.00%
    $100k-200k 8 $1,330,000 $166,250 $0 0.00%
    $400k-600k 7 $3,655,000 $522,143 $0 0.00%
    $1MM+ 1 $2,775,000 $2,775,000 $0 0.00%
    $600k-1MM 1 $625,000 $625,000 $0 0.00%

    2024 saw Avb Bank place emphasis on $200k-400k loans with 21 originations, totaling $5,645,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 9 $2,875,000 $319,444 $0 0.00%
    $250k+ 9 $3,035,000 $337,222 $0 0.00%
    $100k-150k 7 $2,005,000 $286,429 $0 0.00%
    $50k or less 6 $400,000 $66,667 $0 0.00%
    $50k-75k 4 $860,000 $215,000 $0 0.00%
    $75k-100k 3 $665,000 $221,667 $0 0.00%

    Avb Bank lent most frequently to those with incomes in the $150k-250k range, with 9 originations. The second most popular income band? $250k+, with 9 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 58 $15,270,000 $263,276 $0 0.00%

    Avb Bank lent most frequently to those with DTI ratios of Exempt%, with 58 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 39 $9,835,000 $252,179 $0 0.00%
    Not applicable 17 $5,035,000 $296,176 $0 0.00%
    Black 1 $205,000 $205,000 $0 0.00%
    Not provided 1 $195,000 $195,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.87%

    Avb Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    84.48%

    Avb Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 58 $15,270,000 $263,276

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    58 $15,270,000 $263,276