Natbank Mortgage Rates, Fees & Info

Hollywood, FL

LEI: 549300U5SDGYPSPXZU37

Tax ID: 65-0538449

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

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    Natbank is a smaller bank specializing in Cash Out Refi, Home Purchase, and Refi loans. Natbank has a high proportion of conventional loans. Their top markets by origination volume include: Miami, Naples, Orlando, Port St. Lucie, and Cape Coral among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Natbank 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. They typically have about average rates.

    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

    95

    Origination Dollar Volume (All Markets)

    $22,065,000

    Employee count

    32

    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) 54 $15,330,000 $283,889 $0 4.45%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $2,105,000 $2,105,000 $0 4.50%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 23 $1,515,000 $65,870 $0 4.93%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 6 $900,000 $150,000 $0 4.17%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $880,000 $220,000 $0 3.97%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $640,000 $160,000 $0 4.19%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $620,000 $310,000 $0 3.88%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.00%
    Natbank's top markets include Miami, Naples, Orlando, Port St. Lucie, and Cape Coral 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.

    DADE COUNTY FEDERAL CREDIT UNION
    Similarity Rank: 304
    We Florida Financial
    Similarity Rank: 638
    POWER FINANCIAL
    Similarity Rank: 870
    Florida Home Trust Mortgage, Inc.
    Similarity Rank: 2127
    LOANFLIGHT LENDING, LLC
    Similarity Rank: 2268
    MIAMI FIREFIGHTERS FCU
    Similarity Rank: 2646
    Chicago Financial Services, Inc.
    Similarity Rank: 2736
    OCEANSIDE MORTGAGE COMPANY
    Similarity Rank: 2976
    GET A RATE LLC
    Similarity Rank: 3094
    CROSSFIRE FINANCIAL NETWORK, INC.
    Similarity Rank: 3135

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 95 $22,065,000 $232,263 $0 4.52%

    For 2020, Natbank's most frequently originated type of loan was Conventional, with 95 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 40 $10,170,000 $254,250 $0 4.61%
    Home Purchase 32 $7,180,000 $224,375 $0 4.29%
    Refi 23 $4,715,000 $205,000 $0 4.70%

    For 2020, Natbank's most frequently cited loan purpose was Cash Out Refi, with 40 originations. The 2nd most popular reason was Home Purchase, with 32 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 52 $17,280,000 $332,308 $0 4.12%
    5 Year 27 $1,905,000 $70,556 $0 5.19%
    3 Year 15 $2,815,000 $187,667 $0 4.74%
    15 Year 1 $65,000 $65,000 $0 4.00%

    For 2020, Natbank's most frequently cited loan duration was 30 Year, with 52 originations. The 2nd most popular length was 5 Year, with 27 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 43 $10,615,000 $246,860
    3-4% 40 $9,150,000 $228,750
    5-6% 10 $2,210,000 $221,000
    6-7% 2 $90,000 $45,000

    During 2020, Natbank's average interest rate for loans was 4.12%, while their most frequently originated rate bucket for loans was 4-5%, with 43 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 34 $2,000,000 $58,824 $0 4.93%
    $100k-200k 33 $4,885,000 $148,030 $0 4.28%
    $200k-400k 14 $3,900,000 $278,571 $0 4.22%
    $400k-600k 6 $2,750,000 $458,333 $0 4.40%
    $600k-1MM 5 $3,675,000 $735,000 $0 4.48%
    $1MM+ 3 $4,855,000 $1,618,333 $0 4.42%

    2020 saw Natbank place emphasis on $100,000 or less loans with 34 originations, totaling $2,000,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 19 $10,225,000 $538,158 $0 4.55%
    $150k-250k 15 $4,265,000 $284,333 $0 4.01%
    $100k-150k 11 $1,815,000 $165,000 $0 4.12%
    $50k-75k 9 $875,000 $97,222 $0 4.44%
    $75k-100k 4 $630,000 $157,500 $0 3.94%
    $50k or less 3 $275,000 $91,667 $0 4.67%

    Natbank lent most frequently to those with incomes in the $250k+ range, with 19 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
    <20% 31 $4,825,000 $155,645 $0 4.78%
    30-36% 20 $4,100,000 $205,000 $0 4.43%
    20-30% 20 $3,540,000 $177,000 $0 4.32%
    36% 5 $935,000 $187,000 $0 4.60%
    37% 4 $3,010,000 $752,500 $0 4.44%
    41% 3 $575,000 $191,667 $0 4.63%
    39% 3 $595,000 $198,333 $0 4.29%
    45% 2 $330,000 $165,000 $0 3.75%
    50-60% 1 $135,000 $135,000 $0 4.00%
    38% 1 $405,000 $405,000 $0 5.13%
    40% 1 $2,105,000 $2,105,000 $0 4.50%
    44% 1 $65,000 $65,000 $0 4.00%
    47% 1 $115,000 $115,000 $0 4.00%
    48% 1 $965,000 $965,000 $0 4.13%
    49% 1 $365,000 $365,000 $0 6.00%

    Natbank lent most frequently to those with DTI ratios of <20%, with 31 originations. The next most common DTI ratio? 30-36%, with 20 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 70 $19,630,000 $280,429 $0 4.35%
    Not applicable 23 $2,045,000 $88,913 $0 5.01%
    Asian Indian 2 $390,000 $195,000 $0 5.00%

    Approval Rates

    Total approvals of all applications
    92.31%

    Natbank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    75.79%

    Natbank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 95 $22,065,000 $232,263

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $65,000 $65,000
    Single Family (1-4 Units):Site-Built 94 $22,000,000 $234,043

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3 $845,000 $281,667 $0 3.96%
    40-60% 13 $1,855,000 $142,692 $0 4.77%
    60-80% 69 $16,955,000 $245,725 $0 4.54%
    80-100% 8 $2,350,000 $293,750 $0 4.16%
    Under 20% 2 $60,000 $30,000 $0 4.63%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Natbank, National Association 1231 South Federal Highway Pompano Beach, FL 33062 Full Service B&M $47,731
    Natbank, National Association 4031 Oakwood Boulevard Hollywood, FL 33020 Full Service B&M $76,672
    Natbank, National Association 970 N. Congress Avenue, Suite 120 Boynton Beach, FL 33426 Full Service B&M $7,118

    For 2020, Natbank had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $7,803
    Net interest income $7,183
    Total noninterest income $732
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $318
    Trading account gains and fees $0
    Additional Noninterest Income $414
    Pre-tax net operating income $1,037
    Securities gains (or losses, -) $0
    Income before extraordinary items $799
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $799
    Minority interest net income $0
    Net income $799
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $799

    Natbank's gross interest income from loans was $7,803,000.
    Natbank's net interest income from loans was $7,183,000.
    Natbank's fee based income from loans was $318,000.
    Natbank's net income from loans was $799,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $620
    Provision for credit losses $122
    Total noninterest expense $6,756
    Salaries and employee benefits $3,414
    Premises and equipment expense $1,066
    Additional noninterest expense $2,276
    Applicable income taxes $238
    Net charge-offs $14
    Cash dividends $0

    Natbank's interest expense for loans was $620,000.
    Natbank's payroll and benefits expense were $3,414,000.
    Natbank's property, plant and equipment expenses $1,066,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 2.0%
    Credit card loans 0.0%
    Other individual loans 2.0%
    Auto loans 0.0%
    Other consumer loans 2.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $147,604
    Deposits held in domestic offices $147,604
    Deposits by Individuals, partnerships, and corporations $147,604
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $0
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $119,434
    Demand deposits $99,669
    Nontransaction accounts $28,170
    Money market deposit accounts (MMDAs) $2,232
    Other savings deposits (excluding MMDAs) $4,812
    Total time deposits $21,127
    Total time and savings deposits $47,935
    Noninterest-bearing deposits $102,241
    Interest-bearing deposits $45,363
    Retail deposits $133,457
    IRAs and Keogh plan accounts $0
    Brokered deposits $13,589
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $191,229
    Cash & Balances due from depository institutions $34,764
    Interest-bearing balances $24,524
    Total securities $2,160
    Federal funds sold & reverse repurchase $92
    Net loans and leases $151,289
    Loan and leases loss allowance $1,014
    Trading account assets $0
    Bank premises and fixed assets $387
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $2,537

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $191,228
    Total Liabilities $159,753
    Total deposits $147,604
    Interest-bearing deposits $45,363
    Deposits held in domestic offices $147,604
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $10,000
    Subordinated debt $0
    All other liabilities $2,149

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $151,289
    Loan and leases loss allowance $1,014
    Total loans and leases (domestic) $152,303
    All real estate loans $148,080
    Real estate loans in domestic offices $148,080
    Construction and development loans $2,500
    Residential 1-4 family construction $0
    Other construction, all land development and other land $2,500
    Loans secured by nonfarm nonresidential properties $52
    Nonfarm nonresidential secured by owner-occupied properties $0
    Commercial real estate & other non-farm, non-residential $52
    Multifamily residential real estate $0
    1-4 family residential loans $145,528
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $2,200
    To non-U.S. addressees $0
    Loans to individuals $2,019
    Credit card loans $0
    Related Plans $1,813
    Consumer Auto Loans $42
    Other loans to individuals $164
    All other loans & leases $4
    Loans to foreign governments and official institutions $0
    Other loans $4
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $2,200
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Natbank had $151,289,000 of loans outstanding in 2020. $148,080,000 of loans were in real estate loans. $2,500,000 of loans were in development loans. $0 of loans were in multifamily mortgage loans. $145,528,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $42,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 2 $52 $26,000
    Nonfarm, nonresidential loans - <$100k 1 $12 $12,000
    Nonfarm, nonresidential loans - $100-250k 1 $40 $40,000
    Commercial & Industrial, US addressed loans - <$1MM 10 $822 $82,200
    Commercial & Industrial, US addressed loans - <$100k 6 $33 $5,500
    Commercial & Industrial, US addressed loans - $250k-1MM 4 $789 $197,250