Yorktown Bank Mortgage Rates, Fees & Info

Tulsa, OK

LEI: 549300X7MNC0F2QS1T02

Tax ID: 73-1166165

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Mortgage Data

Review & Overview

Yorktown Bank is a smaller bank specializing in Home Purchase loans. Yorktown Bank has a high proportion of conventional loans. Their top markets by origination volume include: Tulsa, Dallas, Crestview, Stillwater, and Oklahoma City among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

Yorktown Bank has an above average approval rate when compared to the average across all lenders.

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Originations

41

Origination Dollar Volume (All Markets)

$7,515,000

Top 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
TULSA, OK (FHA|USDA|VA) 24 $4,400,000 $183,333 $0 0.00%
Outside of Metro Areas 13 $2,435,000 $187,308 $0 0.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $285,000 $285,000 $0 0.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 0.00%
Stillwater, OK (FHA|USDA|VA) 1 $125,000 $125,000 $0 0.00%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $15,000 $15,000 $0 0.00%
Yorktown Bank's top markets include Tulsa, Dallas, Crestview, Stillwater, and Oklahoma City among others.

Their top states include:
  • Oklahoma (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 41 $7,515,000 $183,293 $0 0.00%

    For 2019, Yorktown Bank's most frequently originated type of loan was Conventional, with 41 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 29 $5,695,000 $196,379 $0 0.00%
    Refi 6 $1,320,000 $220,000 $0 0.00%
    Home Improvement 5 $425,000 $85,000 $0 0.00%
    Cash Out Refi 1 $75,000 $75,000 $0 0.00%

    For 2019, Yorktown Bank's most frequently cited loan purpose was Home Purchase, with 29 originations. The 2nd most popular reason was Refi, with 6 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 41 $7,515,000 $183,293 $0 0.00%

    For 2019, Yorktown Bank's most frequently cited loan duration was Other, with 41 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 20 $1,340,000 $67,000 $0 0.00%
    $100k-200k 9 $1,325,000 $147,222 $0 0.00%
    $200k-400k 8 $2,050,000 $256,250 $0 0.00%
    $400k-600k 2 $1,020,000 $510,000 $0 0.00%
    $600k-1MM 2 $1,780,000 $890,000 $0 0.00%

    2019 saw Yorktown Bank place emphasis on $100,000 or less loans with 20 originations, totaling $1,340,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 6 $1,510,000 $251,667 $0 0.00%
    $50k or less 6 $460,000 $76,667 $0 0.00%
    $100k-150k 3 $115,000 $38,333 $0 0.00%
    $250k+ 3 $1,195,000 $398,333 $0 0.00%
    $50k-75k 2 $140,000 $70,000 $0 0.00%
    $75k-100k 2 $230,000 $115,000 $0 0.00%

    Yorktown Bank lent most frequently to those with incomes in the $150k-250k range, with 6 originations. The second most popular income band? $50k or less, with 6 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 19 $3,865,000 $203,421 $0 0.00%
    White 18 $3,110,000 $172,778 $0 0.00%
    American Indian 4 $540,000 $135,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    Yorktown Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 41 $7,515,000 $183,293

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 41 $7,515,000 $183,293