Falcon International Bank Mortgage Rates, Fees & Info
Laredo, TXLEI: 549300ZW58TM1KU8CK35
Tax ID: 74-2382841
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Mortgage Data
Review & Overview
Falcon International Bank is a smaller bank specializing in Home Purchase loans. Falcon International Bank has a high proportion of conventional loans. Their top markets by origination volume include: Mcallen, Laredo, San Antonio, Eagle Pass, and Brownsville among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Falcon International Bank has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders.
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Originations
73Origination Dollar Volume (All Markets)
$30,765,000Top 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 |
|---|---|---|---|---|---|
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 17 | $13,325,000 | $783,824 | $0 | 0.00% |
| LAREDO, TX (FHA|USDA|VA) | 20 | $6,080,000 | $304,000 | $0 | 0.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 8 | $4,000,000 | $500,000 | $0 | 0.00% |
| Eagle Pass, TX (FHA|USDA|VA) | 13 | $2,265,000 | $174,231 | $0 | 0.00% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 9 | $1,595,000 | $177,222 | $0 | 0.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $0 | 0.00% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 3 | $1,385,000 | $461,667 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $525,000 | $525,000 | $0 | 0.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 73 | $30,765,000 | $421,438 | $0 | 0.00% |
For 2023, Falcon International Bank's most frequently originated type of loan was Conventional, with 73 originations.
Loan Reason
For 2023, Falcon International Bank's most frequently cited loan purpose was Home Purchase, with 64 originations. The 2nd most popular reason was Home Improvement, with 5 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 73 | $30,765,000 | $421,438 | $0 | 0.00% |
For 2023, Falcon International Bank's most frequently cited loan duration was Other, with 73 originations.
Loan Sizing
2023 saw Falcon International Bank place emphasis on $100k-200k loans with 23 originations, totaling $3,285,000 in origination value.
Applicant Income
Falcon International Bank lent most frequently to those with incomes in the $150k-250k range, with 6 originations. The second most popular income band? $250k+, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 73 | $30,765,000 | $421,438 | $0 | 0.00% |
Falcon International Bank lent most frequently to those with DTI ratios of Exempt%, with 73 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications75.00%
Falcon International Bank has a below average approval rate.
Pick Rate
Approvals leading to origination91.78%
Falcon International Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 73 | $30,765,000 | $421,438 |