Natbank Mortgage Rates, Fees & Info

Hollywood, FL

LEI: 549300U5SDGYPSPXZU37

Tax ID: 65-0538449

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Mortgage Data

Review & Overview

Natbank is a smaller bank specializing in Home Purchase and Refi loans. Natbank has a high proportion of conventional loans. Their top markets by origination volume include: Miami, Tampa, North Port, Cape Coral, and Orlando among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

Natbank 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.

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Originations

42

Origination Dollar Volume (All Markets)

$27,420,000

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
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 36 $26,000,000 $722,222 $0 0.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $415,000 $415,000 $0 0.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $345,000 $345,000 $0 0.00%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $265,000 $265,000 $0 0.00%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $165,000 $165,000 $0 0.00%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $95,000 $95,000 $0 0.00%
Natbank's top markets include Miami, Tampa, North Port, Cape Coral, and Orlando among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • Similar Lenders

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

    FineMark National Bank & Trust
    Similarity Rank: 280
    We Florida Financial
    Similarity Rank: 476
    SOUTH FLORIDA EDUCATIONAL
    Similarity Rank: 588
    Terrabank
    Similarity Rank: 852
    Suncoast Credit Union
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    POWER FINANCIAL
    Similarity Rank: 1128
    FIRSTBANK PUERTO RICO
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    SPACE COAST Credit Union
    Similarity Rank: 1300
    TROPICAL FINANCIAL CREDIT UNION
    Similarity Rank: 1410

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 42 $27,420,000 $652,857 $0 0.00%

    For 2023, Natbank's most frequently originated type of loan was Conventional, with 42 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 29 $16,635,000 $573,621 $0 0.00%
    Refi 7 $5,815,000 $830,714 $0 0.00%
    Other 4 $4,560,000 $1,140,000 $0 0.00%
    Home Improvement 2 $410,000 $205,000 $0 0.00%

    For 2023, Natbank's most frequently cited loan purpose was Home Purchase, with 29 originations. The 2nd most popular reason was Refi, with 7 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 42 $27,420,000 $652,857 $0 0.00%

    For 2023, Natbank's most frequently cited loan duration was Other, with 42 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 12 $3,180,000 $265,000 $0 0.00%
    $1MM+ 11 $19,355,000 $1,759,545 $0 0.00%
    $100k-200k 9 $1,475,000 $163,889 $0 0.00%
    $400k-600k 5 $2,415,000 $483,000 $0 0.00%
    $100,000 or less 4 $340,000 $85,000 $0 0.00%
    $600k-1MM 1 $655,000 $655,000 $0 0.00%

    2023 saw Natbank place emphasis on $200k-400k loans with 12 originations, totaling $3,180,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 14 $9,360,000 $668,571 $0 0.00%
    $150k-250k 5 $1,245,000 $249,000 $0 0.00%
    $100k-150k 4 $610,000 $152,500 $0 0.00%
    $75k-100k 4 $640,000 $160,000 $0 0.00%
    $50k-75k 1 $105,000 $105,000 $0 0.00%
    $50k or less 1 $55,000 $55,000 $0 0.00%

    Natbank lent most frequently to those with incomes in the $250k+ range, with 14 originations. The second most popular income band? $150k-250k, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 42 $27,420,000 $652,857 $0 0.00%

    Natbank lent most frequently to those with DTI ratios of Exempt%, with 42 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 35 $20,595,000 $588,429 $0 0.00%
    Not applicable 5 $6,075,000 $1,215,000 $0 0.00%
    Black 2 $750,000 $375,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.57%

    Natbank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    64.29%

    Natbank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 42 $27,420,000 $652,857

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    42 $27,420,000 $652,857