Little Horn State Bank Mortgage Rates, Fees & Info

Hardin, MT

LEI: 254900XA5WVWGS9RET72

Tax ID: 81-0160150

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Mortgage Data

Review & Overview

Little Horn State Bank is a smaller bank specializing in Refi and Home Purchase loans. Little Horn State Bank has a high proportion of conventional loans. Their top (well, only) market is Billings.

Little Horn State Bank has an above average approval rate when compared to the average across all lenders.

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Originations

40

Origination Dollar Volume (All Markets)

$6,680,000

Top 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
BILLINGS, MT (FHA|USDA|VA) 29 $5,725,000 $197,414 $0 0.00%
Outside of Metro Areas 11 $955,000 $86,818 $0 0.00%
Little Horn State Bank's top markets include and Billings among others.

Their top states include:
  • Montana (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 40 $6,680,000 $167,000 $0 0.00%

    For 2019, Little Horn State Bank's most frequently originated type of loan was Conventional, with 40 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 17 $3,225,000 $189,706 $0 0.00%
    Home Purchase 16 $2,790,000 $174,375 $0 0.00%
    Other 4 $360,000 $90,000 $0 0.00%
    Cash Out Refi 3 $305,000 $101,667 $0 0.00%

    For 2019, Little Horn State Bank's most frequently cited loan purpose was Refi, with 17 originations. The 2nd most popular reason was Home Purchase, with 16 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 40 $6,680,000 $167,000 $0 0.00%

    For 2019, Little Horn State Bank's most frequently cited loan duration was Other, with 40 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 18 $970,000 $53,889 $0 0.00%
    $100k-200k 15 $2,105,000 $140,333 $0 0.00%
    $200k-400k 5 $1,285,000 $257,000 $0 0.00%
    $1MM+ 1 $1,915,000 $1,915,000 $0 0.00%
    $400k-600k 1 $405,000 $405,000 $0 0.00%

    2019 saw Little Horn State Bank place emphasis on $100,000 or less loans with 18 originations, totaling $970,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 8 $1,360,000 $170,000 $0 0.00%
    $50k-75k 7 $635,000 $90,714 $0 0.00%
    $50k or less 7 $415,000 $59,286 $0 0.00%
    $75k-100k 6 $600,000 $100,000 $0 0.00%
    $150k-250k 4 $550,000 $137,500 $0 0.00%
    $250k+ 2 $320,000 $160,000 $0 0.00%

    Little Horn State Bank lent most frequently to those with incomes in the $100k-150k range, with 8 originations. The second most popular income band? $50k-75k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 40 $6,680,000 $167,000 $0 0.00%

    Little Horn State Bank lent most frequently to those with DTI ratios of Exempt%, with 40 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 33 $3,845,000 $116,515 $0 0.00%
    Not applicable 6 $2,800,000 $466,667 $0 0.00%
    American Indian 1 $35,000 $35,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    90.91%

    Little Horn State Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 40 $6,680,000 $167,000

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 12 $960,000 $80,000
    Single Family (1-4 Units):Site-Built 28 $5,720,000 $204,286