Texas Bank Mortgage Rates, Fees & Info
Henderson, TXLEI: 549300W6OBJ6KNM5Y833
Tax ID: 75-1405029
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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: Tyler, Sherman, Longview, Dallas, and Nacogdoches among others. We have data for 11 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.
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.
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Originations
95Origination Dollar Volume (All Markets)
$32,055,000Top 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 |
|---|---|---|---|---|---|
| TYLER, TX (FHA|USDA|VA) | 9 | $8,325,000 | $925,000 | $0 | 0.00% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 14 | $7,920,000 | $565,714 | $0 | 0.00% |
| LONGVIEW, TX (FHA|USDA|VA) | 39 | $6,555,000 | $168,077 | $0 | 0.00% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 19 | $6,185,000 | $325,526 | $0 | 0.00% |
| Outside of Metro Areas | 5 | $2,035,000 | $407,000 | $0 | 0.00% |
| Nacogdoches, TX (FHA|USDA|VA) | 4 | $360,000 | $90,000 | $0 | 0.00% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| Athens, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
| Bonham, TX (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 | 95 | $32,055,000 | $337,421 | $0 | 0.00% |
For 2024, Texas Bank's most frequently originated type of loan was Conventional, with 95 originations.
Loan Reason
For 2024, Texas Bank's most frequently cited loan purpose was Home Purchase, with 61 originations. The 2nd most popular reason was Refi, with 21 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 95 | $32,055,000 | $337,421 | $0 | 0.00% |
For 2024, Texas Bank's most frequently cited loan duration was Other, with 95 originations.
Loan Sizing
2024 saw Texas Bank place emphasis on $100,000 or less loans with 31 originations, totaling $1,975,000 in origination value.
Applicant Income
Texas Bank lent most frequently to those with incomes in the $100k-150k range, with 16 originations. The second most popular income band? $250k+, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 95 | $32,055,000 | $337,421 | $0 | 0.00% |
Texas Bank lent most frequently to those with DTI ratios of Exempt%, with 95 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications79.89%
Texas Bank has a below average approval rate.
Pick Rate
Approvals leading to origination54.74%
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 | 95 | $32,055,000 | $337,421 |