First Federal Savings Bank Of Twin Falls Mortgage Rates, Fees & InfoTwin Falls, ID
Tax ID: 82-0172244
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewFirst Federal Savings Bank Of Twin Falls is a smaller bank specializing in loans. First Federal Savings Bank Of Twin Falls 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.) They have a low ratio of USDA loans. Their top markets by origination volume include: Twin Falls, Boise City, Burley, Phoenix, and Hailey among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)
First Federal Savings Bank Of Twin Falls 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. First Federal Savings Bank Of Twin Falls is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
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|Simulated Rate||Simulation Date|
|Home Equity Line of Credit (HELOC)||6.27%||3/28/23|
|30 Year Conventional Purchase||6.56%||3/28/23|
|30 Year Conventional Refi||6.54%||3/28/23|
|30 Year Cash-out Refi||6.68%||3/28/23|
|30 Year FHA Purchase||7.20%||3/28/23|
|30 Year FHA Refi||6.27%||3/28/23|
|30 Year VA Purchase||6.39%||3/28/23|
|30 Year USDA Purchase||6.65%||3/28/23|
|15 Year Conventional Purchase||6.76%||3/28/23|
|15 Year Conventional Refi||6.17%||3/28/23|
|15 Year Cash-out Refi||6.17%||3/28/23|
|These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.|
Origination Dollar Volume (All Markets)$304,190,000
First Federal Savings Bank Of Twin Falls's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of -0.05%.
Relative Fees (Closing Costs)
First Federal Savings Bank Of Twin Falls's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,962.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
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|
|TWIN FALLS, ID (FHA|USDA|VA)||686||$142,670,000||$207,974||$5,125||4.98%|
|BOISE CITY, ID (FHA|USDA|VA)||206||$84,970,000||$412,476||$9,578||4.87%|
|Burley, ID (FHA|USDA|VA)||257||$48,325,000||$188,035||$4,971||4.98%|
|Outside of Metro Areas||63||$13,165,000||$208,968||$4,718||5.03%|
|PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA)||2||$6,290,000||$3,145,000||$0||4.84%|
|Hailey, ID (FHA|USDA|VA)||7||$2,985,000||$426,429||$10,528||5.22%|
|Mountain Home, ID (FHA|USDA|VA)||6||$1,900,000||$316,667||$8,470||5.54%|
|Ontario, OR-ID (FHA|USDA|VA)||2||$1,220,000||$610,000||$12,531||4.06%|
|WALLA WALLA, WA (FHA|USDA|VA)||2||$750,000||$375,000||$10,081||5.88%|
|Rexburg, ID (FHA|USDA|VA)||2||$620,000||$310,000||$0||4.96%|
|IDAHO FALLS, ID (FHA|USDA|VA)||1||$405,000||$405,000||$7,580||4.88%|
|LOGAN, UT-ID (FHA|USDA|VA)||2||$370,000||$185,000||$5,818||4.52%|
|Jackson, WY-ID (FHA|USDA|VA)||1||$365,000||$365,000||$9,264||4.88%|
|Blackfoot, ID (FHA|USDA|VA)||1||$155,000||$155,000||$0||4.24%|
We use machine learning to identify the top lenders compared against First Federal Savings Bank of Twin Falls based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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For 2022, First Federal Savings Bank Of Twin Falls's most frequently originated type of loan was Conventional, with 841 originations. Their 2nd most popular type was HELOC, with 376 originations.
For 2022, First Federal Savings Bank Of Twin Falls's most frequently cited loan purpose was Home Purchase, with 447 originations. The 2nd most popular reason was Cash Out Refi, with 257 originations.
For 2022, First Federal Savings Bank Of Twin Falls's most frequently cited loan duration was Other, with 398 originations. The 2nd most popular length was 30 Year, with 388 originations.
Origination Fees/Closing Costs
First Federal Savings Bank Of Twin Falls's average total fees were $6,962, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 258 originations.
During 2022, First Federal Savings Bank Of Twin Falls's average interest rate for loans was 4.71%, while their most frequently originated rate bucket for loans was 4-5%, with 383 originations.
2022 saw First Federal Savings Bank Of Twin Falls place emphasis on $100,000 or less loans with 402 originations, totaling $20,200,000 in origination value.
First Federal Savings Bank Of Twin Falls lent most frequently to those with incomes in the $50k-75k range, with 267 originations. The second most popular income band? $100k-150k, with 248 originations.
Applicant Debt to Income Ratio
First Federal Savings Bank Of Twin Falls lent most frequently to those with DTI ratios of 20-30%, with 230 originations. The next most common DTI ratio? 30-36%, with 210 originations.
Approval RatesTotal approvals of all applications
First Federal Savings Bank Of Twin Falls has an average approval rate.
Pick RateApprovals leading to origination
First Federal Savings Bank Of Twin Falls has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|Bank Name||Product||Issue||2022 CPFB Complaints||% of Total Issues|
|FIRST CITIZENS BANCSHARES, INC.||Home equity loan or line of credit (HELOC)||Applying for a mortgage or refinancing an existing mortgage||1||100.0%|