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 and Refi loans. National United has a high proportion of conventional loans. Their top markets by origination volume include: Killeen, Waco, Austin, and Dallas among others. We have data for 5 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

    135

    Origination Dollar Volume (All Markets)

    $26,675,000

    Employee count

    154

    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) 90 $12,960,000 $144,000 $0 0.00%
    WACO, TX (FHA|USDA|VA) 29 $8,995,000 $310,172 $0 0.00%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 11 $3,175,000 $288,636 $0 0.00%
    Outside of Metro Areas 4 $1,180,000 $295,000 $0 0.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $365,000 $365,000 $0 0.00%
    National United's top markets include Killeen, Waco, Austin, and Dallas among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 135 $26,675,000 $197,593 $0 0.00%

    For 2019, National United's most frequently originated type of loan was Conventional, with 135 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 93 $19,575,000 $210,484 $0 0.00%
    Refi 33 $6,495,000 $196,818 $0 0.00%
    Home Improvement 5 $365,000 $73,000 $0 0.00%
    Other 4 $240,000 $60,000 $0 0.00%

    For 2019, National United's most frequently cited loan purpose was Home Purchase, with 93 originations. The 2nd most popular reason was Refi, with 33 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 135 $26,675,000 $197,593 $0 0.00%

    For 2019, National United's most frequently cited loan duration was Other, with 135 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 64 $4,230,000 $66,094 $0 0.00%
    $100k-200k 41 $5,955,000 $145,244 $0 0.00%
    $200k-400k 22 $5,640,000 $256,364 $0 0.00%
    $400k-600k 5 $2,575,000 $515,000 $0 0.00%
    $1MM+ 2 $7,560,000 $3,780,000 $0 0.00%
    $600k-1MM 1 $715,000 $715,000 $0 0.00%

    2019 saw National United place emphasis on $100,000 or less loans with 64 originations, totaling $4,230,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 28 $3,600,000 $128,571 $0 0.00%
    $75k-100k 18 $1,940,000 $107,778 $0 0.00%
    $50k-75k 17 $1,665,000 $97,941 $0 0.00%
    $50k or less 15 $1,145,000 $76,333 $0 0.00%
    $250k+ 12 $2,670,000 $222,500 $0 0.00%
    $150k-250k 11 $2,695,000 $245,000 $0 0.00%

    National United lent most frequently to those with incomes in the $100k-150k range, with 28 originations. The second most popular income band? $75k-100k, with 18 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 135 $26,675,000 $197,593 $0 0.00%

    National United lent most frequently to those with DTI ratios of Exempt%, with 135 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 33 $12,505,000 $378,939 $0 0.00%
    White 88 $10,660,000 $121,136 $0 0.00%
    Not provided 7 $1,995,000 $285,000 $0 0.00%
    Black 3 $1,105,000 $368,333 $0 0.00%
    Asian 4 $410,000 $102,500 $0 0.00%

    Approval Rates

    Total approvals of all applications
    79.82%

    National United has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    71.11%

    National United has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 135 $26,675,000 $197,593

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 9 $9,325,000 $1,036,111
    Single Family (1-4 Units):Manufactured 4 $450,000 $112,500
    Single Family (1-4 Units):Site-Built 122 $16,900,000 $138,525

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    National Asset Direct, Inc. FHA mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    National Asset Direct, Inc. FHA mortgage Closing on a mortgage 1 50.0%

    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 $134,149
    National United 4103 East Central Texas Expressway Killeen, TX 76543 Full Service B&M $84,886
    National United 5500 Bagby Avenue Waco, TX 76711 Full Service B&M $18,331
    National United 701 North Hewitt Drive Hewitt, TX 76643 Full Service B&M $45,451
    National United 905 Main Street Gatesville, TX 76528 Full Service B&M $215,239
    National United 907 South Key Avenue Lampasas, TX 76550 Full Service B&M $64,674

    For 2019, National United had 6 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $28,274
    Net interest income $25,101
    Total noninterest income $4,167
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $1,786
    Trading account gains and fees $0
    Additional Noninterest Income $2,381
    Pre-tax net operating income $7,692
    Securities gains (or losses, -) $0
    Income before extraordinary items $6,241
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $6,241
    Minority interest net income $0
    Net income $6,241
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $6,241

    National United's gross interest income from loans was $28,274,000.
    National United's net interest income from loans was $25,101,000.
    National United's fee based income from loans was $1,786,000.
    National United's net income from loans was $6,241,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $3,173
    Provision for credit losses $1,183
    Total noninterest expense $20,393
    Salaries and employee benefits $12,016
    Premises and equipment expense $2,645
    Additional noninterest expense $5,732
    Applicable income taxes $1,451
    Net charge-offs $115
    Cash dividends $2,837

    National United's interest expense for loans was $3,173,000.
    National United's payroll and benefits expense were $12,016,000.
    National United's property, plant and equipment expenses $2,645,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    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 $574,867
    Deposits held in domestic offices $574,867
    Deposits by Individuals, partnerships, and corporations $533,023
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $41,632
    Deposits by Commercial banks and other depository institutions in U.S. $212
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $91,610
    Demand deposits $57,996
    Nontransaction accounts $483,257
    Money market deposit accounts (MMDAs) $336,093
    Other savings deposits (excluding MMDAs) $44,567
    Total time deposits $102,597
    Total time and savings deposits $516,871
    Noninterest-bearing deposits $38,233
    Interest-bearing deposits $536,634
    Retail deposits $546,902
    IRAs and Keogh plan accounts $19,036
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $646,005
    Cash & Balances due from depository institutions $46,581
    Interest-bearing balances $34,632
    Total securities $125,614
    Federal funds sold & reverse repurchase $36,250
    Net loans and leases $416,508
    Loan and leases loss allowance $6,101
    Trading account assets $0
    Bank premises and fixed assets $9,105
    Other real estate owned $168
    Goodwill and other intangibles $0
    All other assets $11,779

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $646,005
    Total Liabilities $576,352
    Total deposits $574,867
    Interest-bearing deposits $536,634
    Deposits held in domestic offices $574,867
    % insured (estimated) $77
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $1,485

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $416,508
    Loan and leases loss allowance $6,101
    Total loans and leases (domestic) $422,609
    All real estate loans $309,806
    Real estate loans in domestic offices $309,806
    Construction and development loans $101,003
    Residential 1-4 family construction $51,567
    Other construction, all land development and other land $49,436
    Loans secured by nonfarm nonresidential properties $97,229
    Nonfarm nonresidential secured by owner-occupied properties $51,451
    Commercial real estate & other non-farm, non-residential $45,778
    Multifamily residential real estate $15,220
    1-4 family residential loans $85,288
    Farmland loans $11,066
    Loans held in foreign offices $0
    Farm loans $35,382
    Commercial and industrial loans $32,111
    To non-U.S. addressees $0
    Loans to individuals $44,250
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $38,937
    Other loans to individuals $5,313
    All other loans & leases $2,069
    Loans to foreign governments and official institutions $0
    Other loans $331
    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 $1,120
    Non 1-4 family restructured loans & leases $1,100
    Total loans and leases (foreign) $0

    National United had $416,508,000 of loans outstanding in 2019. $309,806,000 of loans were in real estate loans. $101,003,000 of loans were in development loans. $15,220,000 of loans were in multifamily mortgage loans. $85,288,000 of loans were in 1-4 family mortgage loans. $35,382,000 of loans were in farm loans. $0 of loans were in credit card loans. $38,937,000 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 158 $38,081 $241,019
    Nonfarm, nonresidential loans - <$100k 32 $1,519 $47,469
    Nonfarm, nonresidential loans - $100-250k 55 $6,508 $118,327
    Nonfarm, nonresidential loans - $250k-1MM 71 $30,054 $423,296
    Commercial & Industrial, US addressed loans - <$1MM 580 $25,181 $43,416
    Commercial & Industrial, US addressed loans - <$100k 482 $11,780 $24,440
    Commercial & Industrial, US addressed loans - $100-250k 80 $8,553 $106,913
    Commercial & Industrial, US addressed loans - $250k-1MM 18 $4,848 $269,333
    Farmland loans - <$1MM 69 $8,810 $127,681
    Farmland loans - <$100k 17 $903 $53,118
    Farmland loans - $100-250k 40 $4,596 $114,900
    Farmland loans - $250k-1MM 12 $3,311 $275,917
    Agriculture operations loans - <$1MM 272 $9,952 $36,588
    Agriculture operations loans - <$100k 217 $3,613 $16,650
    Agriculture operations loans - $100-250k 37 $2,900 $78,378
    Agriculture operations loans - $250k-1MM 18 $3,439 $191,056