First National Bank Mortgage Rates, Fees & Info
Ft. Pierre, SDLEI: 254900OD9TDRYGWJ0N48
Tax ID: 46-0177437
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
First National Bank is a smaller bank specializing in Home Purchase loans. First National Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Rapid City, Huron, Pierre, Minneapolis, and Fort Collins among others. We have data for 28 markets. (Some data included below & more in-depth data is available with an active subscription.)First National Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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.
Originations
214Origination Dollar Volume (All Markets)
$59,690,000Top 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 |
|---|---|---|---|---|---|
| RAPID CITY, SD (FHA|USDA|VA) | 34 | $10,430,000 | $306,765 | $0 | 0.00% |
| Huron, SD (FHA|USDA|VA) | 49 | $8,665,000 | $176,837 | $0 | 0.00% |
| Outside of Metro Areas | 35 | $7,645,000 | $218,429 | $0 | 0.00% |
| Pierre, SD (FHA|USDA|VA) | 25 | $5,945,000 | $237,800 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 15 | $5,925,000 | $395,000 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 7 | $3,505,000 | $500,714 | $0 | 0.00% |
| GREELEY, CO (FHA|USDA|VA) | 8 | $3,220,000 | $402,500 | $0 | 0.00% |
| Spearfish, SD (FHA|USDA|VA) | 10 | $2,940,000 | $294,000 | $0 | 0.00% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $2,250,000 | $1,125,000 | $0 | 0.00% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 6 | $2,160,000 | $360,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 2 | $1,180,000 | $590,000 | $0 | 0.00% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $0 | 0.00% |
| Fernley, NV (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $0 | 0.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| Mitchell, SD (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 0.00% |
| PITTSFIELD, MA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| RENO, NV (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 0.00% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| Steamboat Springs, CO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| ROCHESTER, MN (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 0.00% |
| FARGO, ND-MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| MANKATO, MN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| Gillette, WY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against First National Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 45
Similarity Rank: 99
Similarity Rank: 130
Similarity Rank: 162
Similarity Rank: 225
Similarity Rank: 264
Similarity Rank: 275
Similarity Rank: 348
Similarity Rank: 405
Similarity Rank: 440
Product Mix
For 2024, First National Bank's most frequently originated type of loan was Conventional, with 182 originations. Their 2nd most popular type was FHA, with 24 originations.
Loan Reason
For 2024, First National Bank's most frequently cited loan purpose was Home Purchase, with 174 originations. The 2nd most popular reason was Refi, with 20 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 214 | $59,690,000 | $278,925 | $0 | 0.00% |
For 2024, First National Bank's most frequently cited loan duration was Other, with 214 originations.
Loan Sizing
2024 saw First National Bank place emphasis on $200k-400k loans with 98 originations, totaling $28,510,000 in origination value.
Applicant Income
First National Bank lent most frequently to those with incomes in the $50k-75k range, with 45 originations. The second most popular income band? $100k-150k, with 37 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 214 | $59,690,000 | $278,925 | $0 | 0.00% |
First National Bank lent most frequently to those with DTI ratios of Exempt%, with 214 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.44%
First National Bank has an average approval rate.
Pick Rate
Approvals leading to origination76.17%
First National Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 214 | $59,690,000 | $278,925 |