# First Bank

> **Canonical URL:** https://saferate.com/lenders/first-bank-tx


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


First Bank is a bank, headquartered in Burkburnett, TX, serving borrowers across 13 states, with 613 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 75% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 31% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300LO3MP4RAI32X70
- **Headquarters:** Burkburnett, TX
- **Geographic Reach:** Multi-Region
- **States Served:** 13
- **State List:** AR, AZ, CA, CO, FL, IL, IN, MO, NC, OK, SC, TX, WA
- **Markets (MSAs):** 8
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Acceptable 🙂
- Score: 25/100
- Rating: ●●○○○ (2/5)

### Pull Through: Strong 😀
- Score: 69/100
- Rating: ●●●●○ (4/5)

### Pricing Details
- **Average Rate Spread:** +0.237%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $3,578
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 613
- **Dollar Volume:** $263 million
- **Applications Received:** 763
- **Market Share:** 2.00%

## Typical Borrower Profile

- **Average Loan Amount:** $428,295
- **Average Borrower Income:** $190,569
- **Average Property Value:** $611,003

## Safe Rate Awards 🏆

- ⭐ **FHA Gold Superstar** (63%)
- ⭐ **VA Gold Superstar** (70%)

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 62/100 | 460 | +0.266% | $3,568 | Strong 😀 |
| FHA | 63/100 | 87 | +0.378% | $4,036 | Strong 😀 |
| VA | 66/100 | 53 | -0.293% | $2,925 | Strong 😀 |
| Jumbo | 60/100 | 12 | +0.267% | $3,701 | Strong 😀 |

### Product Performance by Purpose

**Conventional:**
- Purchase: 336 loans, Score: 51/100 (Sound)
- Refinance: 124 loans, Score: 60/100 (Strong)

**FHA:**
- Purchase: 87 loans, Score: 62/100 (Strong)

**VA:**
- Purchase: 51 loans, Score: 66/100 (Strong)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 62/100 | 484 | $211M | +0.255% | Strong 😀 |
| Refinance | 68/100 | 129 | $52M | +0.180% | Strong 😀 |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| TX | 593 | 0.17% | 79/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Dallas | TX | 230 | 77/100 |
| Austin | TX | 146 | 77/100 |
| Fort Worth | TX | 111 | 73/100 |
| Wichita Falls, TX | TX | 31 | 64/100 |
| Non |  | 27 | 32/100 |
| Sherman | TX | 16 | 55/100 |
| Houston | TX | 13 | 41/100 |
| San Antonio | TX | 13 | 43/100 |

## Where This Lender Ranks

First Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🥈 **#2** in Wichita Falls, TX Banks
  - [View Full Rankings](https://saferate.com/wichita-falls-tx/best-mortgage-lenders/banks)
- 🥈 **#2** in Wichita Falls, TX for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/wichita-falls-tx/best-mortgage-lenders/banks/fha-loans)
- 🥈 **#2** in Wichita Falls, TX for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/wichita-falls-tx/best-mortgage-lenders/banks/va-loans)
- 🏆 **#4** in Wichita Falls, TX for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/wichita-falls-tx/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#6** in Wichita Falls, TX for VA Loans
  - [View Full Rankings](https://saferate.com/wichita-falls-tx/best-mortgage-lenders/va-loans)
- 🏆 **#7** in Dallas for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/dallas/best-mortgage-lenders/banks/va-loans)
- 🏆 **#7** in Austin for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/austin/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#7** in Wichita Falls, TX for FHA Loans
  - [View Full Rankings](https://saferate.com/wichita-falls-tx/best-mortgage-lenders/fha-loans)
- 🏆 **#8** in Dallas for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/dallas/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#8** in Sherman for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/sherman/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#9** in Dallas for Jumbo Loans (Banks)
  - [View Full Rankings](https://saferate.com/dallas/best-mortgage-lenders/banks/jumbo-loans)
- 🏆 **#9** in Fort Worth for FHA Loans (Banks)
  - [View Full Rankings](https://saferate.com/fort-worth/best-mortgage-lenders/banks/fha-loans)
- 🏆 **#10** in Wichita Falls, TX
  - [View Full Rankings](https://saferate.com/wichita-falls-tx/best-mortgage-lenders)
- 🏆 **#11** in Fort Worth for VA Loans (Banks)
  - [View Full Rankings](https://saferate.com/fort-worth/best-mortgage-lenders/banks/va-loans)
- 🏆 **#11** in Wichita Falls, TX for Conventional Loans
  - [View Full Rankings](https://saferate.com/wichita-falls-tx/best-mortgage-lenders/conventional-loans)
- 🏆 **#14** in Dallas Banks
  - [View Full Rankings](https://saferate.com/dallas/best-mortgage-lenders/banks)
- 🏆 **#14** in Dallas for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/dallas/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#15** in Austin Banks
  - [View Full Rankings](https://saferate.com/austin/best-mortgage-lenders/banks)
- 🏆 **#15** in Austin for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/austin/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#18** in Fort Worth Banks
  - [View Full Rankings](https://saferate.com/fort-worth/best-mortgage-lenders/banks)

## Frequently Asked Questions

### What loan types does First Bank offer?

First Bank offers the following mortgage loan types: FHA, Conventional, VA, Jumbo. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does First Bank offer mortgages?

First Bank offers mortgages in 13 states: AR, AZ, CA, CO, FL, IL, IN, MO, NC, OK, SC, TX, WA.

### How competitive are First Bank's mortgage rates?

First Bank has a pricing score of 25/100 (Acceptable), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.237% above market average.

### What type of lender is First Bank?

First Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Burkburnett, TX.

### What is First Bank's loan approval success rate?

First Bank has a pull-through score of 69/100 (Strong). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/first-bank-tx

### How to Cite

> "First Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/first-bank-tx

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