Texas Community Bank Mortgage Rates, Fees & Info
Laredo, TXLEI: 549300V1GCCNY7J42I93
Tax ID: 74-2231534
Latest/2023 | 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, San Antonio, Mcallen, Del Rio, and Brownsville among others. We have data for 15 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
139Origination Dollar Volume (All Markets)
$46,975,000Top 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) | 50 | $14,850,000 | $297,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 26 | $9,920,000 | $381,538 | $0 | 0.00% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 13 | $9,455,000 | $727,308 | $0 | 0.00% |
| Del Rio, TX (FHA|USDA|VA) | 21 | $4,005,000 | $190,714 | $0 | 0.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 10 | $2,970,000 | $297,000 | $0 | 0.00% |
| Outside of Metro Areas | 3 | $2,015,000 | $671,667 | $0 | 0.00% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 4 | $1,260,000 | $315,000 | $0 | 0.00% |
| Eagle Pass, TX (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $0 | 0.00% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 0.00% |
| Zapata, TX (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 0.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 0.00% |
| Uvalde, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 139 | $46,975,000 | $337,950 | $0 | 0.00% |
For 2022, Texas Community Bank's most frequently originated type of loan was Conventional, with 139 originations.
Loan Reason
For 2022, Texas Community Bank's most frequently cited loan purpose was Home Purchase, with 101 originations. The 2nd most popular reason was Home Improvement, with 13 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 139 | $46,975,000 | $337,950 | $0 | 0.00% |
For 2022, Texas Community Bank's most frequently cited loan duration was Other, with 139 originations.
Loan Sizing
2022 saw Texas Community Bank place emphasis on $100k-200k loans with 48 originations, totaling $6,970,000 in origination value.
Applicant Income
Texas Community Bank lent most frequently to those with incomes in the $250k+ range, with 17 originations. The second most popular income band? $100k-150k, with 16 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 139 | $46,975,000 | $337,950 | $0 | 0.00% |
Texas Community Bank lent most frequently to those with DTI ratios of Exempt%, with 139 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.77%
Texas Community Bank has an average approval rate.
Pick Rate
Approvals leading to origination84.17%
Texas Community Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 139 | $46,975,000 | $337,950 |