Bank Northwest Mortgage Rates, Fees & Info
Hamilton, MOLEI: 254900DRRUT25BYSOL40
Tax ID: 44-0523762
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Bank Northwest is a smaller bank specializing in Home Purchase and Refi loans. Bank Northwest has a high proportion of conventional loans. Their top markets by origination volume include: Kansas City, St. Joseph, and Maryville among others. We have data for 4 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank Northwest 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
62Origination Dollar Volume (All Markets)
$6,580,000Top 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 |
|---|---|---|---|---|---|
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 34 | $4,600,000 | $135,294 | $0 | 0.00% |
| Outside of Metro Areas | 22 | $1,290,000 | $58,636 | $0 | 0.00% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 5 | $565,000 | $113,000 | $0 | 0.00% |
| Maryville, MO (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 62 | $6,580,000 | $106,129 | $0 | 0.00% |
For 2018, Bank Northwest's most frequently originated type of loan was Conventional, with 62 originations.
Loan Reason
For 2018, Bank Northwest's most frequently cited loan purpose was Home Purchase, with 35 originations. The 2nd most popular reason was Refi, with 23 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 62 | $6,580,000 | $106,129 | $0 | 0.00% |
For 2018, Bank Northwest's most frequently cited loan duration was Other, with 62 originations.
Loan Sizing
2018 saw Bank Northwest place emphasis on $100,000 or less loans with 37 originations, totaling $1,535,000 in origination value.
Applicant Income
Bank Northwest lent most frequently to those with incomes in the $50k-75k range, with 18 originations. The second most popular income band? $50k or less, with 13 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 62 | $6,580,000 | $106,129 | $0 | 0.00% |
Bank Northwest lent most frequently to those with DTI ratios of Exempt%, with 62 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.08%
Bank Northwest has an average approval rate.
Pick Rate
Approvals leading to origination90.32%
Bank Northwest has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 62 | $6,580,000 | $106,129 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 8 | $490,000 | $61,250 |
| Single Family (1-4 Units):Site-Built | 54 | $6,090,000 | $112,778 |
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| BANKUNITED, NATIONAL ASSOCIATION | Conventional home mortgage | Struggling to pay mortgage | 1 | 14.3% |
| BANKUNITED, NATIONAL ASSOCIATION | Conventional home mortgage | Trouble during payment process | 4 | 57.1% |
| BANKUNITED, NATIONAL ASSOCIATION | Home equity loan or line of credit (HELOC) | Trouble during payment process | 1 | 14.3% |
| BANKUNITED, NATIONAL ASSOCIATION | Other type of mortgage | Closing on a mortgage | 1 | 14.3% |