The First National Bank Of Las Animas Mortgage Rates, Fees & Info
Ordway, COLEI: 549300XHAIQYHZG7KY40
Tax ID: 84-0248743
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Mortgage Data
Review & Overview
The First National Bank Of Las Animas is a smaller bank specializing in Home Purchase and Refi loans. The First National Bank Of Las Animas has a high proportion of conventional loans. Their top markets by origination volume include: Colorado Springs, Pueblo, Denver, Cañon City, and Breckenridge among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)The First National Bank Of Las Animas 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
70Origination Dollar Volume (All Markets)
$8,830,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 51 | $4,305,000 | $84,412 | $0 | 0.00% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 4 | $1,530,000 | $382,500 | $0 | 0.00% |
| PUEBLO, CO (FHA|USDA|VA) | 7 | $1,405,000 | $200,714 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $0 | 0.00% |
| Cañon City, CO (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| AMARILLO, 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 | 70 | $8,830,000 | $126,143 | $0 | 0.00% |
For 2018, The First National Bank Of Las Animas's most frequently originated type of loan was Conventional, with 70 originations.
Loan Reason
For 2018, The First National Bank Of Las Animas's most frequently cited loan purpose was Home Purchase, with 40 originations. The 2nd most popular reason was Refi, with 19 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 70 | $8,830,000 | $126,143 | $0 | 0.00% |
For 2018, The First National Bank Of Las Animas's most frequently cited loan duration was Other, with 70 originations.
Loan Sizing
2018 saw The First National Bank Of Las Animas place emphasis on $100,000 or less loans with 42 originations, totaling $2,180,000 in origination value.
Applicant Income
The First National Bank Of Las Animas lent most frequently to those with incomes in the $50k or less range, with 21 originations. The second most popular income band? $100k-150k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 70 | $8,830,000 | $126,143 | $0 | 0.00% |
The First National Bank Of Las Animas lent most frequently to those with DTI ratios of Exempt%, with 70 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.78%
The First National Bank Of Las Animas has a below average approval rate.
Pick Rate
Approvals leading to origination88.57%
The First National Bank Of Las Animas has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 70 | $8,830,000 | $126,143 |