Avb Bank Mortgage Rates, Fees & Info
Broken Arrow, OKLEI: 549300U0JNFQTFMNJ219
Tax ID: 73-0131240
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Avb Bank is a smaller bank specializing in Home Purchase loans. Avb Bank has a high proportion of conventional loans. Their top markets by origination volume include: Tulsa, Fayetteville, Bartlesville, and Oklahoma City 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.
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Originations
77Origination Dollar Volume (All Markets)
$19,995,000Top 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 |
|---|---|---|---|---|---|
| TULSA, OK (FHA|USDA|VA) | 69 | $18,645,000 | $270,217 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $635,000 | $211,667 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| Bartlesville, OK (FHA|USDA|VA) | 3 | $245,000 | $81,667 | $0 | 0.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 77 | $19,995,000 | $259,675 | $0 | 0.00% |
For 2023, Avb Bank's most frequently originated type of loan was Conventional, with 77 originations.
Loan Reason
For 2023, Avb Bank's most frequently cited loan purpose was Home Purchase, with 55 originations. The 2nd most popular reason was Refi, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 77 | $19,995,000 | $259,675 | $0 | 0.00% |
For 2023, Avb Bank's most frequently cited loan duration was Other, with 77 originations.
Loan Sizing
2023 saw Avb Bank place emphasis on $200k-400k loans with 27 originations, totaling $8,155,000 in origination value.
Applicant Income
Avb Bank lent most frequently to those with incomes in the $100k-150k range, with 15 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% | 77 | $19,995,000 | $259,675 | $0 | 0.00% |
Avb Bank lent most frequently to those with DTI ratios of Exempt%, with 77 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.09%
Avb Bank has an average approval rate.
Pick Rate
Approvals leading to origination76.62%
Avb Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 77 | $19,995,000 | $259,675 |