First National Bank at a glance, 2025
Every figure is from the lender's own HMDA filing. "vs national" compares with all lenders combined.
How the B grade breaks down
Each component is a percentile rank among 1,883 small mortgage lenders. Higher is better. Components the lender does not report are left out and the weights redistributed.
Approval oddsdecision denial rate, weight 45%
32nd14.5% deniedPricingmedian rate spread over APOR, weight 30%
88th-0.11 ptsProcesswithdrawn + incomplete share, weight 15%
54th10.7%Closing coststotal loan costs ÷ loan amount, weight 10%
75th1.26% of loanTrend, 2023–2025
| Year | Applications | Originated | Denial rate | Decision denial | Median rate | Volume |
|---|---|---|---|---|---|---|
| 2023 | 537 | 435 | 9.5% | 10.3% | 6.99% | $396M |
| 2024 | 202 | 153 | 9.9% | 11.5% | 7.13% | $96M |
| 2025 | 131 | 97 | 13.0% | 14.5% | 6.63% | $42M |
What First National Bank lends
Applications by purpose and loan type in 2025, with the denial rate for each. A lender's mix explains a lot of its headline rate: HELOCs and FHA loans are denied far more often than conventional purchase loans.
By loan purpose
By loan type
Also: 0 home-equity lines, 0 reverse mortgages, 2 manufactured homes, 23 investment properties.
Why First National Bank denies applications
Primary reason reported for each of the 17 denials in 2025. Lenders can cite up to four reasons; this is the first one listed.
Who gets approved at First National Bank
Decision denial rate by applicant profile. Groups with fewer than 20 applications are omitted.
| Applicant income | Applications | Originated | Decision denial rate |
|---|---|---|---|
| $50k – $100k | 21 | 15 | 25.0% |
| $150k – $250k | 36 | 27 | 6.7% |
| Over $250k | 42 | 29 | 21.1% |
| Applicant age | Applications | Originated | Decision denial rate |
|---|---|---|---|
| 25–34 | 31 | 24 | 17.2% |
| 35–44 | 25 | 16 | 26.1% |
| 55–64 | 25 | 20 | 12.5% |
Where First National Bank lends
3 states and 23 counties in 2025. Click a state for the lender's full record there.
| State | Applications | Originated | Denial rate | Median rate | Rank in state |
|---|---|---|---|---|---|
| Texas | 128 | 94 | 13.3% | 6.63% | #504 |
Frequently asked questions
First National Bank denied 14.5% of the applications it decided on in 2025. The national figure across all lenders was 22.6%. On approval odds it ranks in the 32nd percentile of small mortgage lenders.
The most common reason First National Bank gave in 2025 was "debt-to-income ratio", cited on 41.2% of its denials. Lenders report up to four reasons per denial to the CFPB; the full breakdown is on this page.
The median interest rate on loans First National Bank originated in 2025 was 6.63%, and its median rate spread over the average prime offer rate was -0.11 points. Rates on this page are what borrowers actually got, not advertised rates.
In 2025, 79% of its applications were for home purchases, 17% for refinancing (including cash-out), and 4% for home improvement or other purposes. By loan type: 92% conventional, 5% FHA, 3% VA.
Every figure on this page comes from the Home Mortgage Disclosure Act (HMDA) Loan/Application Register published by the CFPB, which lenders are required by federal law to file. We add the grade and the comparisons; we do not add facts.