Nbkc Bank

KANSAS CITY, MO 64114

LEI: 213800XR2TCBQJSF1X93

Tax ID: 48-1213018

2019 Data | 2018 Data


Overview

Nbkc Bank is a small mortgage company specializing in Home Purchase and Refi loans. Nbkc Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Kansas City, Washington, Phoenix, Seattle, and Las Vegas among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Nbkc Bank is typically a low fee lendor.


Originations

13,040

Origination Dollar Volume (All Markets)

$4,449,620,000

Product Mix

Loan Type Originations Total Value Average Loan
Conventional 8,391 $2,853,685,000 $340,089
FHA 592 $162,630,000 $274,713
VA 4,057 $1,433,305,000 $353,292

Conventional loans are assumed to be 20% downpayment and either fixed/adjustable rate. FHA loans start at 3.5% downpayment and are targeted towards first time homebuyers who will be owner-occupants. USDA loans target agrarian uses such as farms. VA loans are available to members of the military. FHA, USDA and VA loans are typically subsidized by the government so as to have more favorable terms for the borrower.

Loan Reason

Loan Reason Originations Total Value Average Loan
Home Purchase 6,535 $2,133,155,000 $326,420
Home Improvement 62 $14,520,000 $234,194
Refi 3,982 $1,468,480,000 $368,780
Cash Out Refi 2,461 $833,465,000 $338,669

Home purchase and refinance loans are typically offered by even the most prudent banks. Cash out refi loans typically carry higher fees-- they allow homeowners to get loans against the equity (appreciated value) of their home, but can be used irresponsibly. Lendors with a high ratio of cash out refi loans may be exposed in the event of an economic downturn, and may be more aggressive with their fee schedules.

Top Markets

Market Originations Total Value Average Loan
Outside of Metro Areas 1,032 $289,240,000 $280,271
KANSAS CITY, MO-KS 872 $236,180,000 $270,849
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 323 $142,465,000 $441,068
PHOENIX-MESA-CHANDLER, AZ 421 $137,775,000 $327,257
SEATTLE-BELLEVUE-KENT, WA 302 $136,860,000 $453,179
LAS VEGAS-HENDERSON-PARADISE, NV 418 $134,200,000 $321,053
LOS ANGELES-LONG BEACH-GLENDALE, CA 277 $127,295,000 $459,549
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 329 $112,095,000 $340,714
DENVER-AURORA-LAKEWOOD, CO 274 $109,910,000 $401,131
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 223 $102,565,000 $459,933
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 244 $91,520,000 $375,082
DALLAS-PLANO-IRVING, TX 257 $86,025,000 $334,728
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 228 $83,260,000 $365,175
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 234 $70,030,000 $299,274
ANAHEIM-SANTA ANA-IRVINE, CA 135 $69,285,000 $513,222
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 208 $68,500,000 $329,327
OAKLAND-BERKELEY-LIVERMORE, CA 143 $66,675,000 $466,259
SACRAMENTO-ROSEVILLE-FOLSOM, CA 166 $63,550,000 $382,831
SAN ANTONIO-NEW BRAUNFELS, TX 197 $56,605,000 $287,335
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 132 $56,460,000 $427,727
SALT LAKE CITY, UT 149 $56,025,000 $376,007
CHICAGO-NAPERVILLE-EVANSTON, IL 158 $53,020,000 $335,570
CHARLOTTE-CONCORD-GASTONIA, NC-SC 171 $52,715,000 $308,275
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 135 $48,475,000 $359,074
TACOMA-LAKEWOOD, WA 122 $47,560,000 $389,836
AUSTIN-ROUND ROCK-GEORGETOWN, TX 127 $45,475,000 $358,071
URBAN HONOLULU, HI 78 $43,370,000 $556,026
BREMERTON-SILVERDALE-PORT ORCHARD, WA 105 $38,555,000 $367,190
BALTIMORE-COLUMBIA-TOWSON, MD 99 $37,655,000 $380,354
TAMPA-ST. PETERSBURG-CLEARWATER, FL 122 $37,100,000 $304,098
COLORADO SPRINGS, CO 93 $36,355,000 $390,914
FORT WORTH-ARLINGTON-GRAPEVINE, TX 116 $36,340,000 $313,276
RENO, NV 96 $35,360,000 $368,333
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 94 $33,250,000 $353,723
ANCHORAGE, AK 82 $31,490,000 $384,024
ORLANDO-KISSIMMEE-SANFORD, FL 85 $31,165,000 $366,647
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 68 $28,280,000 $415,882
TUCSON, AZ 91 $27,085,000 $297,637
NEW BRUNSWICK-LAKEWOOD, NJ 67 $26,385,000 $393,806
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 67 $25,725,000 $383,955
NASSAU COUNTY-SUFFOLK COUNTY, NY 62 $25,330,000 $408,548
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 49 $24,945,000 $509,082
BOISE CITY, ID 81 $24,165,000 $298,333
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 55 $23,695,000 $430,818
NEWARK, NJ-PA 60 $23,320,000 $388,667
OXNARD-THOUSAND OAKS-VENTURA, CA 46 $22,920,000 $498,261
WARREN-TROY-FARMINGTON HILLS, MI 77 $22,855,000 $296,818
OGDEN-CLEARFIELD, UT 69 $22,725,000 $329,348
RALEIGH-CARY, NC 67 $22,445,000 $335,000
PROVO-OREM, UT 59 $21,825,000 $369,915
JACKSONVILLE, FL 64 $20,640,000 $322,500
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 59 $20,355,000 $345,000
CHARLESTON-NORTH CHARLESTON, SC 61 $19,905,000 $326,311
ST. LOUIS, MO-IL 74 $19,530,000 $263,919
VALLEJO, CA 44 $18,980,000 $431,364
OKLAHOMA CITY, OK 61 $17,085,000 $280,082
RICHMOND, VA 53 $16,935,000 $319,528
CINCINNATI, OH-KY-IN 53 $16,585,000 $312,925
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 51 $16,395,000 $321,471
SPOKANE-SPOKANE VALLEY, WA 48 $16,290,000 $339,375
INDIANAPOLIS-CARMEL-ANDERSON, IN 52 $15,970,000 $307,115
ALBUQUERQUE, NM 58 $15,780,000 $272,069
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 47 $14,985,000 $318,830
BRIDGEPORT-STAMFORD-NORWALK, CT 35 $14,725,000 $420,714
COLUMBUS, OH 48 $14,470,000 $301,458
KAHULUI-WAILUKU-LAHAINA, HI 30 $14,450,000 $481,667
BOSTON, MA 37 $14,285,000 $386,081
WICHITA, KS 36 $14,090,000 $391,389
MIAMI-MIAMI BEACH-KENDALL, FL 38 $13,840,000 $364,211
BOULDER, CO 28 $13,460,000 $480,714
OMAHA-COUNCIL BLUFFS, NE-IA 43 $12,305,000 $286,163
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 23 $12,265,000 $533,261
MEMPHIS, TN-MS-AR 32 $12,180,000 $380,625
STOCKTON, CA 37 $12,025,000 $325,000
PENSACOLA-FERRY PASS-BRENT, FL 46 $11,730,000 $255,000
WARNER ROBINS, GA 46 $11,530,000 $250,652
OLYMPIA-LACEY-TUMWATER, WA 29 $10,865,000 $374,655
SAN LUIS OBISPO-PASO ROBLES, CA 26 $10,830,000 $416,538
MODESTO, CA 31 $10,395,000 $335,323
BEND, OR 26 $10,220,000 $393,077
PITTSBURGH, PA 36 $10,090,000 $280,278
SANTA ROSA-PETALUMA, CA 19 $9,615,000 $506,053
LOUISVILLE/JEFFERSON COUNTY, KY-IN 23 $9,575,000 $416,304
TULSA, OK 37 $9,295,000 $251,216
SALEM, OR 28 $9,160,000 $327,143
PROVIDENCE-WARWICK, RI-MA 26 $9,020,000 $346,923
NEW ORLEANS-METAIRIE, LA 27 $8,895,000 $329,444
MILWAUKEE-WAUKESHA, WI 29 $8,815,000 $303,966
GREENVILLE-ANDERSON, SC 32 $8,810,000 $275,313
WILMINGTON, DE-MD-NJ 28 $8,570,000 $306,071
FORT COLLINS, CO 21 $8,365,000 $398,333
GREELEY, CO 21 $8,315,000 $395,952
BELLINGHAM, WA 21 $8,265,000 $393,571
COLUMBIA, SC 31 $8,265,000 $266,613
NORTH PORT-SARASOTA-BRADENTON, FL 22 $8,060,000 $366,364
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 22 $7,830,000 $355,909
MANCHESTER-NASHUA, NH 22 $7,780,000 $353,636
BIRMINGHAM-HOOVER, AL 27 $7,755,000 $287,222
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 22 $7,700,000 $350,000
IDAHO FALLS, ID 28 $7,650,000 $273,214
FRESNO, CA 26 $7,640,000 $293,846
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 25 $7,615,000 $304,600
PRESCOTT VALLEY-PRESCOTT, AZ 25 $7,595,000 $303,800
LAKE COUNTY-KENOSHA COUNTY, IL-WI 24 $7,580,000 $315,833
DURHAM-CHAPEL HILL, NC 23 $7,315,000 $318,043
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 24 $7,190,000 $299,583
SALINAS, CA 16 $7,170,000 $448,125
KNOXVILLE, TN 25 $7,105,000 $284,200
COEUR D'ALENE, ID 18 $6,980,000 $387,778
CHEYENNE, WY 22 $6,920,000 $314,545
PALM BAY-MELBOURNE-TITUSVILLE, FL 22 $6,790,000 $308,636
CAPE CORAL-FORT MYERS, FL 24 $6,750,000 $281,250
DAYTON-KETTERING, OH 24 $6,670,000 $277,917
PHILADELPHIA, PA 18 $6,570,000 $365,000
AUGUSTA-RICHMOND COUNTY, GA-SC 25 $6,315,000 $252,600
HUNTSVILLE, AL 20 $6,310,000 $315,500
SALISBURY, MD-DE 20 $6,280,000 $314,000
CAMDEN, NJ 20 $6,240,000 $312,000
CLEVELAND-ELYRIA, OH 25 $6,015,000 $240,600
SANTA CRUZ-WATSONVILLE, CA 11 $5,825,000 $529,545
CHICO, CA 14 $5,680,000 $405,714
ANN ARBOR, MI 17 $5,545,000 $326,176
ENID, OK 22 $5,500,000 $250,000
SANTA FE, NM 11 $5,435,000 $494,091
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 20 $5,380,000 $269,000
MADISON, WI 15 $5,325,000 $355,000
MEDFORD, OR 15 $5,215,000 $347,667
WORCESTER, MA-CT 15 $5,195,000 $346,333
YAKIMA, WA 18 $5,060,000 $281,111
BAKERSFIELD, CA 18 $5,040,000 $280,000
HILTON HEAD ISLAND-BLUFFTON, SC 13 $4,985,000 $383,462
BATON ROUGE, LA 17 $4,985,000 $293,235
SANTA MARIA-SANTA BARBARA, CA 12 $4,980,000 $415,000
DETROIT-DEARBORN-LIVONIA, MI 22 $4,970,000 $225,909
NAPLES-MARCO ISLAND, FL 16 $4,860,000 $303,750
BARNSTABLE TOWN, MA 11 $4,835,000 $439,545
EL CENTRO, CA 15 $4,805,000 $320,333
ST. GEORGE, UT 13 $4,735,000 $364,231
FAYETTEVILLE, NC 22 $4,610,000 $209,545
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 18 $4,580,000 $254,444
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 18 $4,510,000 $250,556
SHREVEPORT-BOSSIER CITY, LA 15 $4,495,000 $299,667
WINSTON-SALEM, NC 15 $4,315,000 $287,667
SAVANNAH, GA 13 $4,285,000 $329,615
WILMINGTON, NC 12 $4,240,000 $353,333
KENNEWICK-RICHLAND, WA 13 $4,015,000 $308,846
DAPHNE-FAIRHOPE-FOLEY, AL 12 $4,000,000 $333,333
SUMTER, SC 13 $3,995,000 $307,308
ELGIN, IL 15 $3,975,000 $265,000
COLUMBUS, GA-AL 15 $3,975,000 $265,000
KILLEEN-TEMPLE, TX 18 $3,970,000 $220,556
MISSOULA, MT 11 $3,935,000 $357,727
BURLINGTON-SOUTH BURLINGTON, VT 11 $3,875,000 $352,273
DES MOINES-WEST DES MOINES, IA 12 $3,830,000 $319,167
ABILENE, TX 14 $3,820,000 $272,857
SAN RAFAEL, CA 6 $3,740,000 $623,333
EUGENE-SPRINGFIELD, OR 14 $3,650,000 $260,714
AKRON, OH 15 $3,595,000 $239,667
GARY, IN 15 $3,535,000 $235,667
LINCOLN, NE 13 $3,525,000 $271,154
SPRINGFIELD, MA 12 $3,470,000 $289,167
MONTGOMERY, AL 13 $3,465,000 $266,538
OCALA, FL 18 $3,450,000 $191,667
WENATCHEE, WA 10 $3,430,000 $343,000
CHATTANOOGA, TN-GA 11 $3,385,000 $307,727
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 13 $3,365,000 $258,846
JACKSONVILLE, NC 14 $3,350,000 $239,286
ASHEVILLE, NC 12 $3,340,000 $278,333
EL PASO, TX 15 $3,265,000 $217,667
HAGERSTOWN-MARTINSBURG, MD-WV 13 $3,215,000 $247,308
GREENSBORO-HIGH POINT, NC 12 $3,180,000 $265,000
CALIFORNIA-LEXINGTON PARK, MD 8 $3,150,000 $393,750
YUMA, AZ 11 $3,085,000 $280,455
NEW HAVEN-MILFORD, CT 13 $3,035,000 $233,462
MOUNT VERNON-ANACORTES, WA 7 $3,025,000 $432,143
GRAND RAPIDS-KENTWOOD, MI 12 $3,020,000 $251,667
CHARLOTTESVILLE, VA 9 $2,965,000 $329,444
FAIRBANKS, AK 12 $2,940,000 $245,000
ROCHESTER, MN 9 $2,925,000 $325,000
COLUMBIA, MO 11 $2,925,000 $265,909
PORTLAND-SOUTH PORTLAND, ME 10 $2,920,000 $292,000
OCEAN CITY, NJ 8 $2,890,000 $361,250
CLARKSVILLE, TN-KY 12 $2,880,000 $240,000
PANAMA CITY, FL 14 $2,880,000 $205,714
DOVER, DE 11 $2,835,000 $257,727
AUBURN-OPELIKA, AL 9 $2,825,000 $313,889
KALAMAZOO-PORTAGE, MI 8 $2,790,000 $348,750
LAKELAND-WINTER HAVEN, FL 11 $2,745,000 $249,545
YUBA CITY, CA 9 $2,735,000 $303,889
ALBANY-SCHENECTADY-TROY, NY 12 $2,730,000 $227,500
MERCED, CA 8 $2,730,000 $341,250
PORT ST. LUCIE, FL 10 $2,680,000 $268,000
LAWRENCE, KS 9 $2,665,000 $296,111
CORVALLIS, OR 7 $2,625,000 $375,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 10 $2,600,000 $260,000
TRENTON-PRINCETON, NJ 9 $2,595,000 $288,333
LYNCHBURG, VA 8 $2,530,000 $316,250
MANHATTAN, KS 11 $2,515,000 $228,636
REDDING, CA 9 $2,515,000 $279,444
ST. JOSEPH, MO-KS 9 $2,465,000 $273,889
RAPID CITY, SD 7 $2,355,000 $336,429
LEXINGTON-FAYETTE, KY 7 $2,315,000 $330,714
LANCASTER, PA 7 $2,295,000 $327,857
TOPEKA, KS 11 $2,265,000 $205,909
CARSON CITY, NV 7 $2,225,000 $317,857
HICKORY-LENOIR-MORGANTON, NC 8 $2,220,000 $277,500
WINCHESTER, VA-WV 7 $2,165,000 $309,286
THE VILLAGES, FL 8 $2,150,000 $268,750
HARRISBURG-CARLISLE, PA 7 $2,145,000 $306,429
PUNTA GORDA, FL 7 $2,125,000 $303,571
TALLAHASSEE, FL 10 $2,110,000 $211,000
SHERMAN-DENISON, TX 9 $2,095,000 $232,778
MADERA, CA 6 $2,080,000 $346,667
GULFPORT-BILOXI, MS 8 $2,060,000 $257,500
TOLEDO, OH 6 $2,040,000 $340,000
ROCHESTER, NY 9 $2,035,000 $226,111
CORPUS CHRISTI, TX 7 $2,005,000 $286,429
SPRINGFIELD, MO 8 $1,990,000 $248,750
TWIN FALLS, ID 6 $1,950,000 $325,000
VALDOSTA, GA 10 $1,900,000 $190,000
JACKSON, MS 6 $1,880,000 $313,333
GAINESVILLE, GA 5 $1,875,000 $375,000
FLAGSTAFF, AZ 5 $1,875,000 $375,000
LUBBOCK, TX 4 $1,810,000 $452,500
MONROE, MI 5 $1,785,000 $357,000
SPARTANBURG, SC 7 $1,725,000 $246,429
BILLINGS, MT 5 $1,705,000 $341,000
MOBILE, AL 9 $1,675,000 $186,111
SIERRA VISTA-DOUGLAS, AZ 7 $1,655,000 $236,429
BUFFALO-CHEEKTOWAGA, NY 8 $1,640,000 $205,000
ATHENS-CLARKE COUNTY, GA 5 $1,635,000 $327,000
LAFAYETTE, LA 5 $1,625,000 $325,000
ALEXANDRIA, LA 7 $1,625,000 $232,143
COLLEGE STATION-BRYAN, TX 5 $1,615,000 $323,000
MIDLAND, TX 5 $1,605,000 $321,000
GRAND FORKS, ND-MN 6 $1,600,000 $266,667
LAKE HAVASU CITY-KINGMAN, AZ 7 $1,535,000 $219,286
DULUTH, MN-WI 5 $1,475,000 $295,000
NORWICH-NEW LONDON, CT 4 $1,440,000 $360,000
ALBANY-LEBANON, OR 5 $1,365,000 $273,000
AMARILLO, TX 5 $1,345,000 $269,000
YORK-HANOVER, PA 4 $1,330,000 $332,500
WALLA WALLA, WA 4 $1,320,000 $330,000
POCATELLO, ID 5 $1,305,000 $261,000
GLENS FALLS, NY 5 $1,265,000 $253,000
BLACKSBURG-CHRISTIANSBURG, VA 4 $1,230,000 $307,500
GAINESVILLE, FL 4 $1,220,000 $305,000
NEW BERN, NC 4 $1,200,000 $300,000
VISALIA, CA 6 $1,190,000 $198,333
NAPA, CA 3 $1,185,000 $395,000
SOUTH BEND-MISHAWAKA, IN-MI 6 $1,150,000 $191,667
HANFORD-CORCORAN, CA 4 $1,120,000 $280,000
LONGVIEW, WA 4 $1,090,000 $272,500
GRAND JUNCTION, CO 4 $1,080,000 $270,000
BOWLING GREEN, KY 4 $1,070,000 $267,500
BEAUMONT-PORT ARTHUR, TX 4 $1,060,000 $265,000
FORT WAYNE, IN 5 $1,055,000 $211,000
STAUNTON, VA 4 $1,040,000 $260,000
PUEBLO, CO 4 $1,030,000 $257,500
JOPLIN, MO 5 $1,015,000 $203,000
BLOOMSBURG-BERWICK, PA 3 $955,000 $318,333
RACINE, WI 3 $945,000 $315,000
MCALLEN-EDINBURG-MISSION, TX 4 $930,000 $232,500
HARRISONBURG, VA 3 $915,000 $305,000
TEXARKANA, TX-AR 4 $870,000 $217,500
ST. CLOUD, MN 3 $865,000 $288,333
FARGO, ND-MN 2 $860,000 $430,000
CAPE GIRARDEAU, MO-IL 3 $845,000 $281,667
GREENVILLE, NC 5 $825,000 $165,000
DECATUR, AL 3 $825,000 $275,000
ROANOKE, VA 4 $820,000 $205,000
LAREDO, TX 3 $805,000 $268,333
WACO, TX 3 $795,000 $265,000
TYLER, TX 3 $795,000 $265,000
SCRANTON--WILKES-BARRE, PA 2 $790,000 $395,000
SPRINGFIELD, IL 3 $785,000 $261,667
JEFFERSON CITY, MO 3 $785,000 $261,667
LAWTON, OK 4 $780,000 $195,000
DOTHAN, AL 3 $775,000 $258,333
HATTIESBURG, MS 3 $765,000 $255,000
LAS CRUCES, NM 3 $755,000 $251,667
MACON-BIBB COUNTY, GA 4 $750,000 $187,500
READING, PA 2 $730,000 $365,000
VICTORIA, TX 3 $715,000 $238,333
HOMOSASSA SPRINGS, FL 3 $715,000 $238,333
SYRACUSE, NY 3 $705,000 $235,000
LEBANON, PA 2 $690,000 $345,000
SIOUX FALLS, SD 2 $680,000 $340,000
SAN ANGELO, TX 2 $670,000 $335,000
EVANSVILLE, IN-KY 2 $670,000 $335,000
BLOOMINGTON, IN 3 $665,000 $221,667
COLUMBUS, IN 3 $655,000 $218,333
KOKOMO, IN 2 $640,000 $320,000
BRUNSWICK, GA 3 $625,000 $208,333
LAKE CHARLES, LA 2 $610,000 $305,000
LOGAN, UT-ID 2 $610,000 $305,000
SEBASTIAN-VERO BEACH, FL 2 $610,000 $305,000
SIOUX CITY, IA-NE-SD 2 $600,000 $300,000
OSHKOSH-NEENAH, WI 2 $580,000 $290,000
MORGANTOWN, WV 2 $570,000 $285,000
STATE COLLEGE, PA 2 $560,000 $280,000
JANESVILLE-BELOIT, WI 3 $555,000 $185,000
MONROE, LA 2 $550,000 $275,000
HUNTINGTON-ASHLAND, WV-KY-OH 2 $550,000 $275,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 3 $535,000 $178,333
MORRISTOWN, TN 2 $510,000 $255,000
FORT SMITH, AR-OK 2 $510,000 $255,000
LA CROSSE-ONALASKA, WI-MN 1 $485,000 $485,000
BROWNSVILLE-HARLINGEN, TX 2 $480,000 $240,000
ERIE, PA 2 $480,000 $240,000
CHAMPAIGN-URBANA, IL 2 $460,000 $230,000
OWENSBORO, KY 2 $460,000 $230,000
TUSCALOOSA, AL 1 $455,000 $455,000
GRANTS PASS, OR 1 $455,000 $455,000
CARBONDALE-MARION, IL 1 $455,000 $455,000
LONGVIEW, TX 2 $450,000 $225,000
HINESVILLE, GA 2 $450,000 $225,000
EAST STROUDSBURG, PA 2 $440,000 $220,000
ELIZABETHTOWN-FORT KNOX, KY 2 $440,000 $220,000
FLORENCE-MUSCLE SHOALS, AL 1 $435,000 $435,000
WICHITA FALLS, TX 2 $430,000 $215,000
LEWISTON, ID-WA 1 $415,000 $415,000
JACKSON, MI 3 $405,000 $135,000
BURLINGTON, NC 2 $400,000 $200,000
PARKERSBURG-VIENNA, WV 1 $395,000 $395,000
LANSING-EAST LANSING, MI 2 $390,000 $195,000
LEWISTON-AUBURN, ME 1 $385,000 $385,000
BISMARCK, ND 1 $385,000 $385,000
APPLETON, WI 1 $375,000 $375,000
WATERTOWN-FORT DRUM, NY 2 $370,000 $185,000
SEBRING-AVON PARK, FL 2 $360,000 $180,000
PEORIA, IL 2 $360,000 $180,000
JOHNSON CITY, TN 2 $360,000 $180,000
WATERLOO-CEDAR FALLS, IA 1 $355,000 $355,000
BANGOR, ME 1 $355,000 $355,000
MUNCIE, IN 1 $335,000 $335,000
CHARLESTON, WV 1 $335,000 $335,000
GREEN BAY, WI 2 $320,000 $160,000
ODESSA, TX 1 $315,000 $315,000
BLOOMINGTON, IL 2 $310,000 $155,000
PITTSFIELD, MA 1 $305,000 $305,000
GETTYSBURG, PA 1 $285,000 $285,000
UTICA-ROME, NY 1 $285,000 $285,000
BECKLEY, WV 2 $280,000 $140,000
CHAMBERSBURG-WAYNESBORO, PA 1 $275,000 $275,000
GOLDSBORO, NC 2 $260,000 $130,000
LAFAYETTE-WEST LAFAYETTE, IN 1 $255,000 $255,000
KINGSTON, NY 1 $255,000 $255,000
CEDAR RAPIDS, IA 2 $250,000 $125,000
BINGHAMTON, NY 1 $245,000 $245,000
CANTON-MASSILLON, OH 1 $245,000 $245,000
MANSFIELD, OH 1 $235,000 $235,000
KINGSPORT-BRISTOL, TN-VA 1 $225,000 $225,000
MICHIGAN CITY-LA PORTE, IN 1 $225,000 $225,000
VINELAND-BRIDGETON, NJ 1 $205,000 $205,000
CUMBERLAND, MD-WV 1 $205,000 $205,000
NILES, MI 1 $195,000 $195,000
IOWA CITY, IA 1 $185,000 $185,000
JONESBORO, AR 1 $185,000 $185,000
MUSKEGON, MI 1 $175,000 $175,000
DECATUR, IL 1 $165,000 $165,000
FLINT, MI 2 $160,000 $80,000
CLEVELAND, TN 1 $155,000 $155,000
GREAT FALLS, MT 1 $155,000 $155,000
MANKATO, MN 1 $145,000 $145,000
LIMA, OH 1 $135,000 $135,000
JACKSON, TN 1 $125,000 $125,000
SAGINAW, MI 1 $125,000 $125,000
ANNISTON-OXFORD, AL 1 $115,000 $115,000
WAUSAU-WESTON, WI 1 $115,000 $115,000
DALTON, GA 1 $115,000 $115,000
EAU CLAIRE, WI 1 $105,000 $105,000
KANKAKEE, IL 1 $85,000 $85,000
ROCKFORD, IL 1 $85,000 $85,000

Lendors vary in competitiveness at the per market level-- meaning they may have better terms, deals or promotions based on the mortgaged property's location.

Interest Rate & Spreads

Loan Rate Originations Total Value Average Loan
2.5-3% 85 $34,235,000 $402,765
3-4% 9,050 $3,281,600,000 $362,608
4-5% 3,581 $1,061,555,000 $296,441
5-6% 302 $69,930,000 $231,556
6-7% 15 $1,835,000 $122,333
7-8% 7 $465,000 $66,429

Loan Sizing

Loan Size Originations Total Value Average Loan
$100,000 or less 202 $16,080,000 $79,604
$100k-200k 1,812 $290,470,000 $160,304
$200k-400k 6,924 $2,074,640,000 $299,630
$400k-600k 3,511 $1,628,005,000 $463,687
$600k-1000k 549 $385,875,000 $702,869
$Over $1MM 42 $54,550,000 $1,298,810

Different banks have different objectives. Some banks focus solely on high net worth individuals. Others focus on FHA loans for lower income applicants. Knowing what a bank specializes in allows better optimization given the applicant's financial situation.

LTV Distribution

Loan to Value Originations Total Value Average Loan
20-40% 229 $61,655,000 $269,236
40-60% 1,149 $368,185,000 $320,440
60-80% 4,359 $1,542,605,000 $353,890
80-100% 6,501 $2,205,625,000 $339,275
Over 100% 767 $265,195,000 $345,756
Under 20% 35 $6,355,000 $181,571

LTV, or loan-to-value, is the amount loaned relative to a home's value. Lower LTV lending implies a larger downpayment-- reducing risk to the lendor. FHA loans will nearly always have a higher LTV due to the lower downpayment requirements. Higher LTVs may also mean a bank is charging higher fees or interest rates to compensate for their risk exposure.

Applicant Income

Applicant Income Originations Total Value Average Loan
$100k-150k 3,746 $1,331,120,000 $355,344
$150k-250k 2,712 $1,104,180,000 $407,146
$50k-75k 1,940 $463,360,000 $238,845
$50k-or less 563 $93,645,000 $166,332
$75k-100k 2,319 $705,135,000 $304,069
$Over $250k 764 $366,540,000 $479,764

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan
White 8,780 $2,941,430,000 $335,015
Not provided 2,655 $945,605,000 $356,160
Asian 939 $348,005,000 $370,612
Black 491 $149,355,000 $304,185
American Indian 118 $37,770,000 $320,085
Not applicable 25 $15,965,000 $638,600
Native Hawaiian 22 $8,040,000 $365,455
Chinese 3 $1,125,000 $375,000
Asian Indian 2 $900,000 $450,000
Filipino 3 $745,000 $248,333
Korean 1 $415,000 $415,000
Other Asian 1 $265,000 $265,000

Approval Rates

Total approvals of all applications
95.56%

A high approval rate means banks are more selective in who they market to or that they are loosey-goosey with who they lend to. Low approval rates may mean a lendor is more stringent in their lending standards.

Pick Rate

Approvals leading to origination
56.89%

A bank's pick rate is how often they are chosen by an applicant once approved. A high pick rate typically means the bank has some sort of advantage-- either the best terms (rates/fees), fastest closing time or even the best customer service. Banks with <75% pick rate may need further investigation as to why they are not more competitive.

Points and Fees

Points Originations Total Value Average Loan
NA 13,040 $4,449,620,000 $341,229

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 10,515 $3,568,395,000 $339,362
$1k-2k 1,288 $412,650,000 $320,380
$2k-3k 582 $196,610,000 $337,818
$3k-4k 416 $153,890,000 $369,928
$5k+ 210 $100,700,000 $479,524

Banks make money on their float/interest spread (fees charged to borrowers vs fees they pay for their capital), for servicing loans, as well as charging origination fees when a loan is disbursed. Modern low-cost efficient lendors can have fees totaling less than $500 for many mortgages-- as low as $250 in some cases. Average lendors will be in the $1k-2k range and high cost lendors will be even more. The costs incurred by the bank will be similar no matter the loan amount, so this is to be viewed as a profit center for most banks.

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Site-Built 7 $10,205,000 $1,457,857
Single Family (1-4 Units):Site-Built 13,033 $4,439,415,000 $340,629