Texas Community Bank Mortgage Rates, Fees & Info
Laredo, TXLEI: 549300V1GCCNY7J42I93
Tax ID: 74-2231534
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Texas Community Bank is a smaller bank specializing in Home Purchase loans. Texas Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Laredo, Steamboat Springs, San Antonio, Del Rio, and Brownsville among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)Texas Community Bank 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.
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Originations
59Origination Dollar Volume (All Markets)
$41,425,000Top 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 |
|---|---|---|---|---|---|
| LAREDO, TX (FHA|USDA|VA) | 32 | $16,630,000 | $519,688 | $0 | 0.00% |
| Steamboat Springs, CO (FHA|USDA|VA) | 1 | $16,505,000 | $16,505,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 7 | $2,815,000 | $402,143 | $0 | 0.00% |
| Del Rio, TX (FHA|USDA|VA) | 9 | $1,935,000 | $215,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $1,645,000 | $1,645,000 | $0 | 0.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 4 | $640,000 | $160,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| WACO, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 59 | $41,425,000 | $702,119 | $0 | 0.00% |
For 2024, Texas Community Bank's most frequently originated type of loan was Conventional, with 59 originations.
Loan Reason
For 2024, Texas Community Bank's most frequently cited loan purpose was Home Purchase, with 39 originations. The 2nd most popular reason was Home Improvement, with 7 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 59 | $41,425,000 | $702,119 | $0 | 0.00% |
For 2024, Texas Community Bank's most frequently cited loan duration was Other, with 59 originations.
Loan Sizing
2024 saw Texas Community Bank place emphasis on $200k-400k loans with 25 originations, totaling $6,805,000 in origination value.
Applicant Income
Texas Community Bank lent most frequently to those with incomes in the $150k-250k range, with 8 originations. The second most popular income band? $250k+, with 8 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 59 | $41,425,000 | $702,119 | $0 | 0.00% |
Texas Community Bank lent most frequently to those with DTI ratios of Exempt%, with 59 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.27%
Texas Community Bank has a below average approval rate.
Pick Rate
Approvals leading to origination89.83%
Texas Community Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 59 | $41,425,000 | $702,119 |