First National Bank Of Eastern Arkansas Mortgage Rates, Fees & Info
FORREST CITY, ARLEI: 549300UHLXT004ITEJ56
Tax ID: 71-0128070
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Mortgage Data
Review & Overview
First National Bank Of Eastern Arkansas is a smaller bank specializing in Home Purchase and Refi loans. First National Bank Of Eastern Arkansas has a high proportion of conventional loans. Their top markets by origination volume include: Memphis, Forrest City, Blytheville, Oxford, and Jonesboro among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank Of Eastern Arkansas has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
118Origination Dollar Volume (All Markets)
$9,370,000Top 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 |
|---|---|---|---|---|---|
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 39 | $3,875,000 | $99,359 | $0 | 0.00% |
| Outside of Metro Areas | 26 | $2,270,000 | $87,308 | $0 | 0.00% |
| Forrest City, AR (FHA|USDA|VA) | 28 | $1,450,000 | $51,786 | $0 | 0.00% |
| Blytheville, AR (FHA|USDA|VA) | 22 | $1,340,000 | $60,909 | $0 | 0.00% |
| Oxford, MS (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 0.00% |
| JONESBORO, AR (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
| Helena-West Helena, AR (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 118 | $9,370,000 | $79,407 | $0 | 0.00% |
For 2019, First National Bank Of Eastern Arkansas's most frequently originated type of loan was Conventional, with 118 originations.
Loan Reason
For 2019, First National Bank Of Eastern Arkansas's most frequently cited loan purpose was Home Purchase, with 50 originations. The 2nd most popular reason was Refi, with 48 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 118 | $9,370,000 | $79,407 | $0 | 0.00% |
For 2019, First National Bank Of Eastern Arkansas's most frequently cited loan duration was Other, with 118 originations.
Loan Sizing
2019 saw First National Bank Of Eastern Arkansas place emphasis on $100,000 or less loans with 92 originations, totaling $3,800,000 in origination value.
Applicant Income
First National Bank Of Eastern Arkansas lent most frequently to those with incomes in the $50k-75k range, with 16 originations. The second most popular income band? $100k-150k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 118 | $9,370,000 | $79,407 | $0 | 0.00% |
First National Bank Of Eastern Arkansas lent most frequently to those with DTI ratios of Exempt%, with 118 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.30%
First National Bank Of Eastern Arkansas has an average approval rate.
Pick Rate
Approvals leading to origination94.07%
First National Bank Of Eastern Arkansas has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 118 | $9,370,000 | $79,407 |
Occupancy Type Mix
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST NATIONAL BANK OF OMAHA | Conventional home mortgage | Closing on a mortgage | 2 | 33.3% |
| FIRST NATIONAL BANK OF OMAHA | Conventional home mortgage | Trouble during payment process | 3 | 50.0% |
| FIRST NATIONAL BANK OF OMAHA | Conventional home mortgage | Struggling to pay mortgage | 1 | 16.7% |