National United Mortgage Rates, Fees & Info

Gatesville, TX

LEI: 549300Z3IVG2MX9Y3287

Tax ID: 74-0640690

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    National United is a smaller mortgage company specializing in Home Purchase loans. National United has a high proportion of conventional loans. Their top markets by origination volume include: Killeen, Waco, Austin, San Antonio, and Pearsall among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    National United 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    159

    Origination Dollar Volume (All Markets)

    $33,995,000

    Employee count

    156

    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
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 76 $15,700,000 $206,579 $0 0.00%
    WACO, TX (FHA|USDA|VA) 58 $10,250,000 $176,724 $0 0.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 9 $4,935,000 $548,333 $0 0.00%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 4 $820,000 $205,000 $0 0.00%
    Outside of Metro Areas 6 $750,000 $125,000 $0 0.00%
    Pearsall, TX (FHA|USDA|VA) 1 $635,000 $635,000 $0 0.00%
    Stephenville, TX (FHA|USDA|VA) 2 $450,000 $225,000 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $340,000 $170,000 $0 0.00%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    National United's top markets include Killeen, Waco, Austin, San Antonio, and Pearsall among others.

    Their top states include:
  • Texas (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 159 $33,995,000 $213,805 $0 0.00%

    For 2018, National United's most frequently originated type of loan was Conventional, with 159 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 117 $27,645,000 $236,282 $0 0.00%
    Refi 28 $5,310,000 $189,643 $0 0.00%
    Home Improvement 7 $625,000 $89,286 $0 0.00%
    Other 7 $415,000 $59,286 $0 0.00%

    For 2018, National United's most frequently cited loan purpose was Home Purchase, with 117 originations. The 2nd most popular reason was Refi, with 28 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 159 $33,995,000 $213,805 $0 0.00%

    For 2018, National United's most frequently cited loan duration was Other, with 159 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 67 $4,005,000 $59,776 $0 0.00%
    $100k-200k 53 $7,265,000 $137,075 $0 0.00%
    $200k-400k 24 $6,500,000 $270,833 $0 0.00%
    $600k-1MM 6 $4,480,000 $746,667 $0 0.00%
    $400k-600k 5 $2,375,000 $475,000 $0 0.00%
    $1MM+ 4 $9,370,000 $2,342,500 $0 0.00%

    2018 saw National United place emphasis on $100,000 or less loans with 67 originations, totaling $4,005,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 30 $4,250,000 $141,667 $0 0.00%
    $50k-75k 22 $1,930,000 $87,727 $0 0.00%
    $50k or less 16 $1,260,000 $78,750 $0 0.00%
    $150k-250k 12 $2,790,000 $232,500 $0 0.00%
    $75k-100k 11 $925,000 $84,091 $0 0.00%
    $250k+ 6 $2,600,000 $433,333 $0 0.00%

    National United lent most frequently to those with incomes in the $100k-150k range, with 30 originations. The second most popular income band? $50k-75k, with 22 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 159 $33,995,000 $213,805 $0 0.00%

    National United lent most frequently to those with DTI ratios of Exempt%, with 159 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 60 $19,860,000 $331,000 $0 0.00%
    White 87 $12,735,000 $146,379 $0 0.00%
    Not provided 2 $470,000 $235,000 $0 0.00%
    Asian 5 $435,000 $87,000 $0 0.00%
    Black 4 $340,000 $85,000 $0 0.00%
    American Indian 1 $155,000 $155,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.29%

    National United has an average approval rate.

    Pick Rate

    Approvals leading to origination
    77.36%

    National United has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 159 $33,995,000 $213,805

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 17 $14,565,000 $856,765
    Single Family (1-4 Units):Manufactured 7 $575,000 $82,143
    Single Family (1-4 Units):Site-Built 135 $18,855,000 $139,667

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    National Title Co. Other type of mortgage Closing on a mortgage 1 100.0%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    National United 408 South Main Street Copperas Cove, TX 76522 Full Service B&M $125,790
    National United 4103 East Central Texas Expressway Killeen, TX 76543 Full Service B&M $73,873
    National United 5500 Bagby Avenue Waco, TX 76711 Full Service B&M $19,801
    National United 701 North Hewitt Drive Hewitt, TX 76643 Full Service B&M $44,660
    National United 905 Main Street Gatesville, TX 76528 Full Service B&M $229,115
    National United 907 South Key Avenue Lampasas, TX 76550 Full Service B&M $65,648

    For 2018, National United had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $24,841
    Net interest income $22,755
    Total noninterest income $4,593
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $2,034
    Trading account gains and fees $0
    Additional Noninterest Income $2,559
    Pre-tax net operating income $6,619
    Securities gains (or losses, -) $0
    Income before extraordinary items $5,595
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $5,595
    Minority interest net income $0
    Net income $5,595
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $5,595

    National United's gross interest income from loans was $24,841,000.
    National United's net interest income from loans was $22,755,000.
    National United's fee based income from loans was $2,034,000.
    National United's net income from loans was $5,595,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,086
    Provision for credit losses $1,511
    Total noninterest expense $19,218
    Salaries and employee benefits $10,963
    Premises and equipment expense $2,267
    Additional noninterest expense $5,988
    Applicable income taxes $1,024
    Net charge-offs $1,158
    Cash dividends $2,586

    National United's interest expense for loans was $2,086,000.
    National United's payroll and benefits expense were $10,963,000.
    National United's property, plant and equipment expenses $2,267,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 1.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 0.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $538,417
    Deposits held in domestic offices $538,417
    Deposits by Individuals, partnerships, and corporations $497,288
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $40,550
    Deposits by Commercial banks and other depository institutions in U.S. $579
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $86,622
    Demand deposits $58,443
    Nontransaction accounts $451,795
    Money market deposit accounts (MMDAs) $321,830
    Other savings deposits (excluding MMDAs) $41,697
    Total time deposits $88,267
    Total time and savings deposits $479,974
    Noninterest-bearing deposits $34,457
    Interest-bearing deposits $503,960
    Retail deposits $520,311
    IRAs and Keogh plan accounts $20,127
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $604,026
    Cash & Balances due from depository institutions $35,571
    Interest-bearing balances $21,971
    Total securities $162,006
    Federal funds sold & reverse repurchase $11,625
    Net loans and leases $373,184
    Loan and leases loss allowance $5,034
    Trading account assets $0
    Bank premises and fixed assets $9,451
    Other real estate owned $486
    Goodwill and other intangibles $0
    All other assets $11,703

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $604,026
    Total Liabilities $539,443
    Total deposits $538,417
    Interest-bearing deposits $503,960
    Deposits held in domestic offices $538,417
    % insured (estimated) $80
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,026

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $373,184
    Loan and leases loss allowance $5,034
    Total loans and leases (domestic) $378,218
    All real estate loans $263,832
    Real estate loans in domestic offices $263,832
    Construction and development loans $73,314
    Residential 1-4 family construction $33,192
    Other construction, all land development and other land $40,122
    Loans secured by nonfarm nonresidential properties $87,037
    Nonfarm nonresidential secured by owner-occupied properties $51,158
    Commercial real estate & other non-farm, non-residential $35,879
    Multifamily residential real estate $10,796
    1-4 family residential loans $80,812
    Farmland loans $11,873
    Loans held in foreign offices $0
    Farm loans $40,210
    Commercial and industrial loans $26,514
    To non-U.S. addressees $0
    Loans to individuals $45,546
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $40,218
    Other loans to individuals $5,328
    All other loans & leases $2,822
    Loans to foreign governments and official institutions $0
    Other loans $272
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $1,292
    Non 1-4 family restructured loans & leases $1,270
    Total loans and leases (foreign) $0

    National United had $373,184,000 of loans outstanding in 2018. $263,832,000 of loans were in real estate loans. $73,314,000 of loans were in development loans. $10,796,000 of loans were in multifamily mortgage loans. $80,812,000 of loans were in 1-4 family mortgage loans. $40,210,000 of loans were in farm loans. $0 of loans were in credit card loans. $40,218,000 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 160 $34,745 $217,156
    Nonfarm, nonresidential loans - <$100k 34 $1,382 $40,647
    Nonfarm, nonresidential loans - $100-250k 60 $7,253 $120,883
    Nonfarm, nonresidential loans - $250k-1MM 66 $26,110 $395,606
    Commercial & Industrial, US addressed loans - <$1MM 574 $22,214 $38,700
    Commercial & Industrial, US addressed loans - <$100k 487 $11,083 $22,758
    Commercial & Industrial, US addressed loans - $100-250k 65 $6,072 $93,415
    Commercial & Industrial, US addressed loans - $250k-1MM 22 $5,059 $229,955
    Farmland loans - <$1MM 73 $9,351 $128,096
    Farmland loans - <$100k 17 $795 $46,765
    Farmland loans - $100-250k 40 $4,613 $115,325
    Farmland loans - $250k-1MM 16 $3,943 $246,438
    Agriculture operations loans - <$1MM 280 $10,060 $35,929
    Agriculture operations loans - <$100k 230 $4,045 $17,587
    Agriculture operations loans - $100-250k 38 $3,524 $92,737
    Agriculture operations loans - $250k-1MM 12 $2,491 $207,583