North Dallas Bank & Trust Co. Mortgage Rates, Fees & Info

Dallas, TX

LEI: FYRC3KHM4DQBX5PWG390

Tax ID: 75-1051036

5 stars - Updated: 4/5/25 - out of 5 stars, based on 7 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

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

    • Review & Overview

    North Dallas Bank & Trust Co. is a smaller bank specializing in Home Purchase loans. North Dallas Bank & Trust Co. has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Crestview, Tyler, Oklahoma City, and Gainesville among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)

    North Dallas Bank & Trust Co. 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. North Dallas Bank & Trust Co. is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.77% 4/5/25
    30 Year Conventional Refi 6.72% 4/5/25
    30 Year Cash-out Refi 6.97% 4/5/25
    15 Year Conventional Refi 7.43% 4/5/25
    15 Year Cash-out Refi 7.43% 4/5/25
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

    North Dallas Bank & Trust Co. Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from North Dallas Bank & Trust Co.. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

    The default purchase price is the median sales price across the US for 2022Q4, per FRED.


    Originations

    53

    Origination Dollar Volume (All Markets)

    $29,785,000

    Awards

    North Dallas Bank & Trust Co. 30 Year Conventional Loans bronze
    Show all (1) awards

    Relative Rate

    North Dallas Bank & Trust Co.'s average 30 year fixed mortgage rate was 6.79%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.24%.

    Relative Fees (Closing Costs)

    North Dallas Bank & Trust Co.'s average total fees/closing costs for a 30 year fixed rate mortgage were $6,742.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $8,356.

    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
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 47 $26,255,000 $558,617 $7,293 7.31%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $15,625 6.75%
    TYLER, TX (FHA|USDA|VA) 1 $675,000 $675,000 $6,856 6.25%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $615,000 $615,000 $4,375 6.25%
    Gainesville, TX (FHA|USDA|VA) 1 $525,000 $525,000 $6,224 6.88%
    Bonham, TX (FHA|USDA|VA) 1 $385,000 $385,000 $10,359 7.38%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $325,000 $325,000 $4,984 7.25%
    North Dallas Bank & Trust Co.'s top markets include Dallas, Crestview, Tyler, Oklahoma City, and Gainesville among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against North Dallas Bank & Trust Co. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    GSB MORTGAGE, INC.
    Similarity Rank: 133
    DATCU
    Similarity Rank: 468
    AAXY L.L.C.
    Similarity Rank: 800
    FORT WORTH CITY CREDIT UNION
    Similarity Rank: 916
    FIRST CONTINENTAL MORTGAGE, LTD.
    Similarity Rank: 988
    PRIORITY HOME MORTGAGE, L.P.
    Similarity Rank: 994
    Inwood National Bank
    Similarity Rank: 1035
    TEXAS TRUST
    Similarity Rank: 1152
    North Dallas Bank & Trust Co.
    Similarity Rank: 1603
    FIRST COMMUNITY CREDIT UNION
    Similarity Rank: 1700

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 53 $29,785,000 $561,981 $7,404 7.25%

    For 2024, North Dallas Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 53 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 38 $24,040,000 $632,632 $9,124 7.05%
    Refi 6 $2,960,000 $493,333 $2,078 8.04%
    Home Improvement 4 $1,980,000 $495,000 $2,872 7.72%
    Other 3 $355,000 $118,333 $1,425 7.83%
    Cash Out Refi 2 $450,000 $225,000 $4,507 7.00%

    For 2024, North Dallas Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 38 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
    30 Year 28 $14,520,000 $518,571 $6,742 6.79%
    1 Year 13 $10,435,000 $802,692 $14,095 7.71%
    15 Year 6 $1,300,000 $216,667 $1,574 7.92%
    5 Year 3 $1,605,000 $535,000 $0 7.92%
    10 Year 2 $670,000 $335,000 $0 7.00%
    Other 1 $1,255,000 $1,255,000 $0 9.00%

    For 2024, North Dallas Bank & Trust Co.'s most frequently cited loan duration was 30 Year, with 28 originations. The 2nd most popular length was 1 Year, with 13 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 16 $5,280,000 $330,000
    $1k-2k 16 $8,760,000 $547,500
    $5k+ 8 $7,420,000 $927,500
    $2k-3k 1 $325,000 $325,000
    $3k-4k 1 $305,000 $305,000

    North Dallas Bank & Trust Co.'s average total fees were $6,742, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 16 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 25 $16,935,000 $677,400
    7-8% 16 $6,090,000 $380,625
    Over 8% 10 $5,950,000 $595,000
    5-6% 2 $810,000 $405,000

    During 2024, North Dallas Bank & Trust Co.'s average interest rate for loans was 6.79%, while their most frequently originated rate bucket for loans was 6-7%, with 25 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 15 $4,475,000 $298,333 $4,790 7.13%
    $1MM+ 11 $13,525,000 $1,229,545 $16,505 7.64%
    $400k-600k 9 $4,575,000 $508,333 $6,862 6.94%
    $600k-1MM 8 $6,040,000 $755,000 $10,375 6.73%
    $100,000 or less 5 $395,000 $79,000 $1,271 8.00%
    $100k-200k 5 $775,000 $155,000 $2,222 7.43%

    2024 saw North Dallas Bank & Trust Co. place emphasis on $200k-400k loans with 15 originations, totaling $4,475,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 22 $16,080,000 $730,909 $9,959 6.89%
    $100k-150k 6 $1,690,000 $281,667 $4,050 6.92%
    $150k-250k 2 $680,000 $340,000 $3,671 7.06%
    $50k-75k 2 $250,000 $125,000 $1,144 7.31%
    $50k or less 2 $490,000 $245,000 $3,708 6.88%
    $75k-100k 2 $300,000 $150,000 $2,283 7.88%

    North Dallas Bank & Trust Co. lent most frequently to those with incomes in the $250k+ range, with 22 originations. The second most popular income band? $100k-150k, with 6 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 10 $4,870,000 $487,000 $6,050 7.13%
    20-30% 8 $4,920,000 $615,000 $8,887 7.11%
    <20% 5 $3,275,000 $655,000 $10,192 6.43%
    37% 3 $2,255,000 $751,667 $11,992 6.42%
    >60% 2 $1,000,000 $500,000 $5,920 6.75%
    39% 2 $1,240,000 $620,000 $10,149 7.31%
    41% 2 $400,000 $200,000 $3,184 7.63%
    43% 1 $615,000 $615,000 $4,375 6.25%
    44% 1 $525,000 $525,000 $6,224 6.88%
    47% 1 $165,000 $165,000 $2,432 6.50%
    48% 1 $575,000 $575,000 $6,013 7.25%
    36% 1 $155,000 $155,000 $1,008 7.13%

    North Dallas Bank & Trust Co. lent most frequently to those with DTI ratios of 30-36%, with 10 originations. The next most common DTI ratio? 20-30%, with 8 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 33 $18,185,000 $551,061 $7,628 7.03%
    Not applicable 14 $9,380,000 $670,000 $8,932 7.96%
    Asian 3 $1,505,000 $501,667 $6,408 7.00%
    Not provided 2 $550,000 $275,000 $5,408 6.75%
    Black 1 $165,000 $165,000 $2,432 6.50%

    Approval Rates

    Total approvals of all applications
    73.27%

    North Dallas Bank & Trust Co. has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    69.81%

    North Dallas Bank & Trust Co. has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 53 $29,785,000 $561,981

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    53 $29,785,000 $561,981

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 7 $2,115,000 $302,143 $4,981 7.39%
    40-60% 3 $2,495,000 $831,667 $6,151 7.75%
    60-80% 28 $18,640,000 $665,714 $9,981 7.24%
    80-100% 8 $5,190,000 $648,750 $6,141 6.81%
    Under 20% 7 $1,345,000 $192,143 $3,193 7.46%