Texas Bank Mortgage Rates, Fees & Info
Henderson, TXLEI: 549300W6OBJ6KNM5Y833
Tax ID: 75-1405029
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Mortgage Data
Review & Overview
Texas Bank is a smaller bank specializing in Home Purchase and Refi loans. Texas Bank has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, San Antonio, Longview, Tyler, and Sherman among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)Texas 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
132Origination Dollar Volume (All Markets)
$55,750,000Top 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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 43 | $26,635,000 | $619,419 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $7,790,000 | $3,895,000 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 50 | $6,470,000 | $129,400 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 15 | $5,395,000 | $359,667 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $3,585,000 | $717,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 3 | $2,295,000 | $765,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $1,270,000 | $635,000 | $0 | 0.00% |
| Jacksonville, TX (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $0 | 0.00% |
| El Campo, TX (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| Lufkin, TX (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 0.00% |
| Ruidoso, NM (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| Nacogdoches, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
| Bonham, TX (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 132 | $55,750,000 | $422,348 | $0 | 0.00% |
For 2023, Texas Bank's most frequently originated type of loan was Conventional, with 132 originations.
Loan Reason
For 2023, Texas Bank's most frequently cited loan purpose was Home Purchase, with 85 originations. The 2nd most popular reason was Home Improvement, with 21 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 132 | $55,750,000 | $422,348 | $0 | 0.00% |
For 2023, Texas Bank's most frequently cited loan duration was Other, with 132 originations.
Loan Sizing
2023 saw Texas Bank place emphasis on $100,000 or less loans with 36 originations, totaling $1,960,000 in origination value.
Applicant Income
Texas Bank lent most frequently to those with incomes in the $150k-250k range, with 22 originations. The second most popular income band? $100k-150k, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 132 | $55,750,000 | $422,348 | $0 | 0.00% |
Texas Bank lent most frequently to those with DTI ratios of Exempt%, with 132 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.17%
Texas Bank has a below average approval rate.
Pick Rate
Approvals leading to origination68.94%
Texas Bank 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 | 132 | $55,750,000 | $422,348 |