Bmo Harris Bank Mortgage Rates, Fees & Info

Chicago, IL

LEI: 3Y4U8VZURTYWI1W2K376

Tax ID: 36-2085229

3.7 stars - Updated: 2/26/24 - out of 5 stars, based on 117 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Bmo Harris Bank is a mid-sized bank specializing in Home Purchase loans. Bmo Harris 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 by origination volume include: Chicago, Phoenix, Atlanta, Milwaukee, and Minneapolis among others. We have data for 330 markets. (Some data included below & more in-depth data is available with an active subscription.)

Bmo Harris Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Bmo Harris Bank 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 relatively high rates.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.73% 2/26/24
30 Year Conventional Purchase 6.11% 2/26/24
30 Year Conventional Refi 6.26% 2/26/24
30 Year Cash-out Refi 6.55% 2/26/24
30 Year FHA Purchase 7.40% 2/26/24
30 Year FHA Refi 6.61% 2/26/24
15 Year Conventional Purchase 5.99% 2/26/24
15 Year Conventional Refi 6.22% 2/26/24
15 Year Cash-out Refi 6.22% 2/26/24
15 Year FHA Refi 5.68% 2/26/24
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.

Bmo Harris Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Bmo Harris Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

13,672

Origination Dollar Volume (All Markets)

$4,384,010,000
Show all (5) awards

Relative Rate

Bmo Harris Bank's average 30 year fixed mortgage rate was 5.29%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.53%.

Relative Fees (Closing Costs)

Bmo Harris Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $6,222.

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.

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
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4,845 $977,485,000 $201,751 $4,122 5.45%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1,178 $600,350,000 $509,635 $6,299 5.36%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 37 $304,555,000 $8,231,216 $5,177 4.90%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1,287 $228,655,000 $177,665 $3,335 5.07%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 471 $167,165,000 $354,915 $3,437 5.39%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 891 $129,985,000 $145,887 $3,270 5.44%
Outside of Metro Areas 476 $129,010,000 $271,029 $4,857 5.10%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 100 $113,520,000 $1,135,200 $10,817 4.34%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 91 $107,565,000 $1,182,033 $9,449 4.75%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 35 $83,955,000 $2,398,714 $12,212 4.66%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 40 $80,300,000 $2,007,500 $8,315 4.40%
MADISON, WI (FHA|USDA|VA) 350 $77,100,000 $220,286 $3,424 4.76%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 35 $68,885,000 $1,968,143 $10,220 4.38%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 75 $58,195,000 $775,933 $10,111 4.62%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 48 $57,820,000 $1,204,583 $10,609 4.67%
BOISE CITY, ID (FHA|USDA|VA) 7 $55,795,000 $7,970,714 $6,281 4.61%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 162 $51,880,000 $320,247 $8,004 5.06%
ST. LOUIS, MO-IL (FHA|USDA|VA) 208 $40,900,000 $196,635 $3,721 5.35%
KANSAS CITY, MO-KS (FHA|USDA|VA) 181 $40,435,000 $223,398 $3,410 5.57%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 46 $39,430,000 $857,174 $5,049 4.63%
GREEN BAY, WI (FHA|USDA|VA) 254 $32,400,000 $127,559 $2,804 5.36%
TUCSON, AZ (FHA|USDA|VA) 116 $28,790,000 $248,190 $5,194 5.31%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 37 $26,905,000 $727,162 $6,594 4.75%
Whitewater, WI (FHA|USDA|VA) 83 $25,935,000 $312,470 $4,428 5.07%
APPLETON, WI (FHA|USDA|VA) 170 $25,520,000 $150,118 $2,846 4.83%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 89 $25,265,000 $283,876 $5,890 5.03%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 26 $24,210,000 $931,154 $7,431 4.72%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 28 $21,960,000 $784,286 $5,640 4.45%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 4 $21,490,000 $5,372,500 $27,083 4.31%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 34 $20,200,000 $594,118 $9,192 5.22%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 23 $19,515,000 $848,478 $6,959 4.61%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 48 $19,370,000 $403,542 $6,160 4.82%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 81 $19,355,000 $238,951 $5,055 5.25%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 23 $18,375,000 $798,913 $6,580 4.62%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 22 $18,030,000 $819,545 $9,006 4.70%
RACINE, WI (FHA|USDA|VA) 123 $16,325,000 $132,724 $3,036 5.45%
ROCKFORD, IL (FHA|USDA|VA) 170 $15,050,000 $88,529 $2,447 5.93%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 11 $14,705,000 $1,336,818 $9,941 3.94%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 19 $14,605,000 $768,684 $8,410 4.28%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 15 $14,255,000 $950,333 $6,099 5.37%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 12 $13,950,000 $1,162,500 $11,471 4.27%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 21 $13,525,000 $644,048 $6,276 5.05%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 18 $12,870,000 $715,000 $8,745 4.47%
Hilo, HI (FHA|USDA|VA) 8 $12,360,000 $1,545,000 $11,128 3.27%
WAUSAU-WESTON, WI (FHA|USDA|VA) 97 $11,725,000 $120,876 $3,026 5.23%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 91 $11,315,000 $124,341 $3,205 5.26%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 105 $10,475,000 $99,762 $3,166 5.41%
SALT LAKE CITY, UT (FHA|USDA|VA) 11 $10,125,000 $920,455 $6,298 4.32%
JACKSONVILLE, FL (FHA|USDA|VA) 20 $9,760,000 $488,000 $6,087 4.85%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 21 $9,715,000 $462,619 $5,686 5.92%
SHEBOYGAN, WI (FHA|USDA|VA) 78 $9,660,000 $123,846 $2,597 5.62%
Baraboo, WI (FHA|USDA|VA) 67 $9,145,000 $136,493 $5,714 5.12%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 33 $8,625,000 $261,364 $10,964 5.23%
Heber, UT (FHA|USDA|VA) 4 $8,620,000 $2,155,000 $9,664 4.49%
FLAGSTAFF, AZ (FHA|USDA|VA) 19 $8,485,000 $446,579 $6,081 4.81%
EAU CLAIRE, WI (FHA|USDA|VA) 56 $8,470,000 $151,250 $2,668 5.18%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 8 $8,270,000 $1,033,750 $6,641 4.17%
SALINAS, CA (FHA|USDA|VA) 4 $8,220,000 $2,055,000 $6,286 3.56%
Beaver Dam, WI (FHA|USDA|VA) 65 $7,825,000 $120,385 $3,099 5.35%
Glenwood Springs, CO (FHA|USDA|VA) 2 $7,320,000 $3,660,000 $9,223 2.88%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 8 $6,990,000 $873,750 $6,301 5.88%
Edwards, CO (FHA|USDA|VA) 2 $6,370,000 $3,185,000 $9,004 2.69%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 7 $6,335,000 $905,000 $5,522 4.96%
Stevens Point, WI (FHA|USDA|VA) 43 $6,085,000 $141,512 $3,370 5.04%
FOND DU LAC, WI (FHA|USDA|VA) 57 $6,045,000 $106,053 $2,852 5.24%
NILES, MI (FHA|USDA|VA) 7 $5,845,000 $835,000 $5,770 5.04%
KOKOMO, IN (FHA|USDA|VA) 61 $5,755,000 $94,344 $2,528 5.86%
COLORADO SPRINGS, CO (FHA|USDA|VA) 8 $5,520,000 $690,000 $3,963 4.56%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $5,500,000 $916,667 $7,492 4.14%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 6 $5,490,000 $915,000 $10,180 5.01%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 12 $5,410,000 $450,833 $4,734 5.14%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 3 $5,385,000 $1,795,000 $9,515 3.54%
SANTA FE, NM (FHA|USDA|VA) 5 $5,195,000 $1,039,000 $7,751 3.90%
DULUTH, MN-WI (FHA|USDA|VA) 32 $5,120,000 $160,000 $3,081 5.63%
ALBUQUERQUE, NM (FHA|USDA|VA) 7 $4,895,000 $699,286 $6,132 4.79%
Hailey, ID (FHA|USDA|VA) 1 $4,765,000 $4,765,000 $22,933 3.88%
Bozeman, MT (FHA|USDA|VA) 4 $4,590,000 $1,147,500 $6,561 4.18%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 5 $4,475,000 $895,000 $6,935 4.54%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 4 $4,390,000 $1,097,500 $7,219 4.97%
Vineyard Haven, MA (FHA|USDA|VA) 1 $4,005,000 $4,005,000 $4,725 5.13%
BRUNSWICK, GA (FHA|USDA|VA) 1 $4,005,000 $4,005,000 $28,514 4.25%
FRESNO, CA (FHA|USDA|VA) 8 $3,950,000 $493,750 $3,671 4.95%
SPRINGFIELD, MO (FHA|USDA|VA) 7 $3,735,000 $533,571 $11,048 5.43%
Manitowoc, WI (FHA|USDA|VA) 31 $3,695,000 $119,194 $4,844 5.25%
OKLAHOMA CITY, OK (FHA|USDA|VA) 4 $3,630,000 $907,500 $5,420 3.66%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 27 $3,575,000 $132,407 $5,379 5.31%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 34 $3,570,000 $105,000 $2,899 5.49%
ASHEVILLE, NC (FHA|USDA|VA) 4 $3,560,000 $890,000 $7,502 4.53%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $3,525,000 $705,000 $8,897 4.43%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $3,420,000 $855,000 $6,912 3.90%
Holland, MI (FHA|USDA|VA) 5 $3,315,000 $663,000 $9,930 4.53%
Marinette, WI-MI (FHA|USDA|VA) 27 $3,235,000 $119,815 $3,111 5.50%
Show Low, AZ (FHA|USDA|VA) 8 $3,160,000 $395,000 $6,980 4.66%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 10 $3,140,000 $314,000 $4,995 5.21%
FORT COLLINS, CO (FHA|USDA|VA) 5 $3,085,000 $617,000 $4,037 5.27%
NAPA, CA (FHA|USDA|VA) 1 $3,005,000 $3,005,000 $5,170 3.75%
PITTSBURGH, PA (FHA|USDA|VA) 6 $2,970,000 $495,000 $6,796 4.22%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 3 $2,865,000 $955,000 $10,646 4.63%
Traverse City, MI (FHA|USDA|VA) 3 $2,755,000 $918,333 $7,560 6.37%
WICHITA, KS (FHA|USDA|VA) 8 $2,740,000 $342,500 $3,809 5.01%
ROCHESTER, MN (FHA|USDA|VA) 5 $2,705,000 $541,000 $3,897 3.73%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 5 $2,685,000 $537,000 $4,996 5.04%
Shawano, WI (FHA|USDA|VA) 23 $2,665,000 $115,870 $2,045 4.91%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $2,625,000 $875,000 $4,556 3.79%
COLUMBIA, MO (FHA|USDA|VA) 8 $2,570,000 $321,250 $3,979 6.49%
Key West, FL (FHA|USDA|VA) 1 $2,505,000 $2,505,000 $16,838 3.25%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $2,490,000 $1,245,000 $15,179 5.77%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $2,475,000 $2,475,000 $11,117 5.00%
PROVO-OREM, UT (FHA|USDA|VA) 3 $2,465,000 $821,667 $5,548 4.67%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $2,450,000 $1,225,000 $3,409 5.50%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $2,295,000 $765,000 $5,296 5.75%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 10 $2,230,000 $223,000 $4,375 4.65%
PUNTA GORDA, FL (FHA|USDA|VA) 11 $2,145,000 $195,000 $5,655 5.24%
BELLINGHAM, WA (FHA|USDA|VA) 2 $2,120,000 $1,060,000 $4,327 4.69%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 5 $2,035,000 $407,000 $7,001 4.97%
RENO, NV (FHA|USDA|VA) 3 $2,035,000 $678,333 $5,817 4.99%
Jackson, WY-ID (FHA|USDA|VA) 1 $2,005,000 $2,005,000 $7,783 1.75%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 4 $1,990,000 $497,500 $5,472 4.69%
Brainerd, MN (FHA|USDA|VA) 4 $1,970,000 $492,500 $3,595 5.38%
PEORIA, IL (FHA|USDA|VA) 6 $1,930,000 $321,667 $3,115 5.21%
COLUMBUS, OH (FHA|USDA|VA) 6 $1,920,000 $320,000 $7,363 5.36%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $1,890,000 $945,000 $6,180 3.81%
ANCHORAGE, AK (FHA|USDA|VA) 3 $1,885,000 $628,333 $4,677 4.21%
TULSA, OK (FHA|USDA|VA) 4 $1,860,000 $465,000 $6,666 4.63%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 4 $1,850,000 $462,500 $3,789 4.41%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 4 $1,850,000 $462,500 $5,373 4.16%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $1,790,000 $895,000 $7,448 4.00%
Montrose, CO (FHA|USDA|VA) 2 $1,670,000 $835,000 $5,708 4.81%
REDDING, CA (FHA|USDA|VA) 2 $1,660,000 $830,000 $6,838 4.69%
GLENS FALLS, NY (FHA|USDA|VA) 1 $1,655,000 $1,655,000 $16,377 4.63%
Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $1,600,000 $800,000 $12,754 4.20%
Durango, CO (FHA|USDA|VA) 2 $1,590,000 $795,000 $4,136 6.06%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 3 $1,575,000 $525,000 $5,533 4.46%
Menomonie, WI (FHA|USDA|VA) 11 $1,565,000 $142,273 $5,597 5.71%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $1,565,000 $521,667 $6,104 5.86%
Corsicana, TX (FHA|USDA|VA) 1 $1,525,000 $1,525,000 $15,084 3.88%
RALEIGH-CARY, NC (FHA|USDA|VA) 5 $1,525,000 $305,000 $5,224 4.97%
ST. CLOUD, MN (FHA|USDA|VA) 3 $1,505,000 $501,667 $5,961 5.62%
SPRINGFIELD, IL (FHA|USDA|VA) 4 $1,480,000 $370,000 $3,020 4.63%
SIOUX FALLS, SD (FHA|USDA|VA) 2 $1,430,000 $715,000 $4,900 4.91%
Platteville, WI (FHA|USDA|VA) 13 $1,425,000 $109,615 $3,817 5.08%
AKRON, OH (FHA|USDA|VA) 3 $1,415,000 $471,667 $4,795 4.71%
RICHMOND, VA (FHA|USDA|VA) 4 $1,410,000 $352,500 $3,956 5.36%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 5 $1,395,000 $279,000 $8,018 5.25%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 5 $1,395,000 $279,000 $3,292 4.98%
ST. GEORGE, UT (FHA|USDA|VA) 1 $1,385,000 $1,385,000 $4,944 4.25%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 4 $1,360,000 $340,000 $4,910 5.45%
VISALIA, CA (FHA|USDA|VA) 2 $1,350,000 $675,000 $5,534 5.13%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 8 $1,340,000 $167,500 $11,118 5.34%
BLOOMINGTON, IN (FHA|USDA|VA) 7 $1,255,000 $179,286 $9,274 5.83%
MADERA, CA (FHA|USDA|VA) 2 $1,250,000 $625,000 $5,391 4.31%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $6,954 2.75%
MODESTO, CA (FHA|USDA|VA) 1 $1,175,000 $1,175,000 $6,807 4.00%
STOCKTON, CA (FHA|USDA|VA) 1 $1,175,000 $1,175,000 $4,911 4.00%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $1,135,000 $1,135,000 $10,249 2.50%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $1,110,000 $555,000 $5,752 4.88%
BEND, OR (FHA|USDA|VA) 2 $1,100,000 $550,000 $14,465 4.88%
Helena, MT (FHA|USDA|VA) 2 $1,050,000 $525,000 $5,920 4.00%
LUBBOCK, TX (FHA|USDA|VA) 1 $1,035,000 $1,035,000 $9,603 3.50%
FORT WAYNE, IN (FHA|USDA|VA) 3 $1,035,000 $345,000 $3,806 5.79%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $1,010,000 $505,000 $3,662 4.47%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $1,010,000 $505,000 $3,867 4.50%
Rutland, VT (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $4,300 4.25%
CEDAR RAPIDS, IA (FHA|USDA|VA) 2 $1,000,000 $500,000 $3,250 4.88%
MANKATO, MN (FHA|USDA|VA) 1 $995,000 $995,000 $7,318 4.38%
MEDFORD, OR (FHA|USDA|VA) 2 $980,000 $490,000 $5,517 6.81%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $965,000 $321,667 $5,010 4.81%
Breckenridge, CO (FHA|USDA|VA) 1 $955,000 $955,000 $5,279 5.00%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $935,000 $311,667 $6,342 5.17%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $925,000 $185,000 $6,781 6.32%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 2 $920,000 $460,000 $3,004 4.76%
BOULDER, CO (FHA|USDA|VA) 2 $920,000 $460,000 $3,359 4.45%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $915,000 $915,000 $12,379 2.25%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $905,000 $905,000 $7,390 3.63%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $890,000 $445,000 $3,913 4.87%
GREELEY, CO (FHA|USDA|VA) 1 $875,000 $875,000 $9,588 4.75%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 3 $865,000 $288,333 $4,266 5.69%
Payson, AZ (FHA|USDA|VA) 4 $860,000 $215,000 $0 5.23%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $855,000 $855,000 $4,440 4.38%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 3 $855,000 $285,000 $4,078 4.42%
POCATELLO, ID (FHA|USDA|VA) 1 $855,000 $855,000 $25,843 4.25%
LAWRENCE, KS (FHA|USDA|VA) 3 $855,000 $285,000 $4,720 5.04%
Moscow, ID (FHA|USDA|VA) 1 $845,000 $845,000 $9,661 5.00%
Ottawa, IL (FHA|USDA|VA) 5 $845,000 $169,000 $3,997 4.85%
PORT ST. LUCIE, FL (FHA|USDA|VA) 6 $830,000 $138,333 $5,057 5.49%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $825,000 $825,000 $7,479 4.50%
LAS CRUCES, NM (FHA|USDA|VA) 3 $795,000 $265,000 $6,184 8.53%
KNOXVILLE, TN (FHA|USDA|VA) 3 $785,000 $261,667 $3,457 3.97%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $780,000 $390,000 $3,110 5.16%
BILLINGS, MT (FHA|USDA|VA) 1 $775,000 $775,000 $8,703 3.50%
Richmond-Berea, KY (FHA|USDA|VA) 1 $745,000 $745,000 $5,033 4.25%
Calhoun, GA (FHA|USDA|VA) 1 $745,000 $745,000 $6,092 4.88%
GAINESVILLE, FL (FHA|USDA|VA) 3 $735,000 $245,000 $4,540 5.75%
Spearfish, SD (FHA|USDA|VA) 1 $715,000 $715,000 $9,517 5.00%
WENATCHEE, WA (FHA|USDA|VA) 1 $715,000 $715,000 $4,847 5.50%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 2 $710,000 $355,000 $3,718 4.25%
CORVALLIS, OR (FHA|USDA|VA) 1 $705,000 $705,000 $5,531 5.75%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $685,000 $685,000 $8,344 4.25%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $675,000 $675,000 $7,539 3.50%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $665,000 $665,000 $7,929 6.00%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $665,000 $665,000 $6,406 4.38%
Hood River, OR (FHA|USDA|VA) 1 $665,000 $665,000 $18,328 3.50%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $655,000 $655,000 $6,839 4.50%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $655,000 $655,000 $6,380 4.00%
Pittsburg, KS (FHA|USDA|VA) 5 $645,000 $129,000 $4,081 5.15%
PANAMA CITY, FL (FHA|USDA|VA) 4 $640,000 $160,000 $0 4.64%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $620,000 $310,000 $4,003 3.55%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $590,000 $295,000 $4,772 7.81%
CHICO, CA (FHA|USDA|VA) 1 $585,000 $585,000 $4,883 6.88%
Sandpoint, ID (FHA|USDA|VA) 2 $580,000 $290,000 $8,411 5.07%
TERRE HAUTE, IN (FHA|USDA|VA) 6 $580,000 $96,667 $0 5.71%
SAVANNAH, GA (FHA|USDA|VA) 1 $565,000 $565,000 $4,871 2.75%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 8 $560,000 $70,000 $1,545 5.94%
JACKSON, MS (FHA|USDA|VA) 1 $555,000 $555,000 $5,343 4.25%
Mason City, IA (FHA|USDA|VA) 1 $555,000 $555,000 $2,960 5.13%
Freeport, IL (FHA|USDA|VA) 4 $550,000 $137,500 $3,167 5.86%
Taos, NM (FHA|USDA|VA) 1 $515,000 $515,000 $3,385 4.38%
Gallup, NM (FHA|USDA|VA) 1 $515,000 $515,000 $3,799 5.13%
Warsaw, IN (FHA|USDA|VA) 1 $505,000 $505,000 $0 7.19%
Dickinson, ND (FHA|USDA|VA) 1 $505,000 $505,000 $3,789 4.88%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $505,000 $505,000 $0 3.39%
FARGO, ND-MN (FHA|USDA|VA) 1 $495,000 $495,000 $5,024 5.63%
BLOOMINGTON, IL (FHA|USDA|VA) 2 $490,000 $245,000 $3,226 5.81%
Sturgis, MI (FHA|USDA|VA) 3 $465,000 $155,000 $0 5.42%
Greenville, OH (FHA|USDA|VA) 1 $465,000 $465,000 $17,108 4.50%
Sevierville, TN (FHA|USDA|VA) 2 $440,000 $220,000 $7,737 3.88%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $435,000 $435,000 $4,355 5.88%
Bemidji, MN (FHA|USDA|VA) 1 $435,000 $435,000 $4,671 5.25%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $425,000 $425,000 $4,278 3.38%
Faribault-Northfield, MN (FHA|USDA|VA) 4 $420,000 $105,000 $2,801 4.59%
EL PASO, TX (FHA|USDA|VA) 2 $420,000 $210,000 $5,304 4.50%
Juneau, AK (FHA|USDA|VA) 1 $415,000 $415,000 $5,661 2.75%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 3 $405,000 $135,000 $3,534 4.91%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $405,000 $405,000 $0 6.14%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $405,000 $405,000 $0 5.69%
JOHNSTOWN, PA (FHA|USDA|VA) 1 $395,000 $395,000 $6,042 6.13%
Greensburg, IN (FHA|USDA|VA) 1 $395,000 $395,000 $2,838 5.25%
KANKAKEE, IL (FHA|USDA|VA) 4 $390,000 $97,500 $3,037 5.37%
Rochelle, IL (FHA|USDA|VA) 5 $365,000 $73,000 $4,282 5.86%
Cullowhee, NC (FHA|USDA|VA) 1 $365,000 $365,000 $4,625 3.63%
New Castle, IN (FHA|USDA|VA) 3 $365,000 $121,667 $2,280 6.10%
CARBONDALE-MARION, IL (FHA|USDA|VA) 2 $350,000 $175,000 $3,871 4.50%
IOWA CITY, IA (FHA|USDA|VA) 1 $335,000 $335,000 $2,969 5.13%
AMARILLO, TX (FHA|USDA|VA) 1 $335,000 $335,000 $5,001 3.88%
Dixon, IL (FHA|USDA|VA) 2 $330,000 $165,000 $3,322 4.93%
OCALA, FL (FHA|USDA|VA) 3 $325,000 $108,333 $0 5.22%
COLUMBIA, SC (FHA|USDA|VA) 2 $320,000 $160,000 $3,900 7.09%
Los Alamos, NM (FHA|USDA|VA) 1 $305,000 $305,000 $5,248 5.25%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $305,000 $305,000 $4,420 5.50%
Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $295,000 $295,000 $3,523 4.63%
Kalispell, MT (FHA|USDA|VA) 1 $295,000 $295,000 $8,017 4.88%
Marquette, MI (FHA|USDA|VA) 2 $290,000 $145,000 $5,990 6.19%
BOWLING GREEN, KY (FHA|USDA|VA) 1 $285,000 $285,000 $3,568 4.25%
Crossville, TN (FHA|USDA|VA) 1 $285,000 $285,000 $0 3.39%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $285,000 $285,000 $2,763 5.75%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $280,000 $140,000 $2,906 3.01%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $275,000 $275,000 $2,804 4.00%
Nogales, AZ (FHA|USDA|VA) 2 $260,000 $130,000 $0 4.42%
SPARTANBURG, SC (FHA|USDA|VA) 1 $255,000 $255,000 $9,277 4.75%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.59%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 2 $250,000 $125,000 $0 6.02%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $250,000 $125,000 $0 5.22%
Frankfort, IN (FHA|USDA|VA) 2 $250,000 $125,000 $0 5.22%
Bedford, IN (FHA|USDA|VA) 1 $235,000 $235,000 $2,266 4.00%
Seymour, IN (FHA|USDA|VA) 1 $235,000 $235,000 $3,777 6.63%
Murray, KY (FHA|USDA|VA) 1 $235,000 $235,000 $5,791 4.50%
THE VILLAGES, FL (FHA|USDA|VA) 3 $235,000 $78,333 $0 5.19%
FARMINGTON, NM (FHA|USDA|VA) 1 $215,000 $215,000 $4,327 4.25%
Marshalltown, IA (FHA|USDA|VA) 1 $215,000 $215,000 $3,099 5.63%
FLORENCE, SC (FHA|USDA|VA) 1 $205,000 $205,000 $3,798 5.38%
Cullman, AL (FHA|USDA|VA) 2 $180,000 $90,000 $0 4.69%
DECATUR, AL (FHA|USDA|VA) 1 $175,000 $175,000 $2,742 4.75%
MUNCIE, IN (FHA|USDA|VA) 3 $165,000 $55,000 $0 6.34%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $165,000 $165,000 $5,960 6.25%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $165,000 $165,000 $5,258 3.75%
Durant, OK (FHA|USDA|VA) 1 $155,000 $155,000 $4,019 5.38%
Norfolk, NE (FHA|USDA|VA) 1 $155,000 $155,000 $2,954 5.38%
COLUMBUS, IN (FHA|USDA|VA) 2 $150,000 $75,000 $0 7.34%
Marshall, MO (FHA|USDA|VA) 1 $145,000 $145,000 $0 5.19%
Williston, ND (FHA|USDA|VA) 1 $145,000 $145,000 $4,633 5.25%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $145,000 $145,000 $3,383 3.75%
Fort Leonard Wood, MO (FHA|USDA|VA) 1 $145,000 $145,000 $0 5.59%
LOUISVILLE, KY (FHA|USDA|VA) 2 $140,000 $70,000 $0 4.39%
YUMA, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $0 3.89%
Sunbury, PA (FHA|USDA|VA) 1 $135,000 $135,000 $0 6.84%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $135,000 $135,000 $3,742 4.75%
Fort Polk South, LA (FHA|USDA|VA) 1 $125,000 $125,000 $0 7.94%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $125,000 $125,000 $0 4.94%
DECATUR, IL (FHA|USDA|VA) 1 $125,000 $125,000 $3,873 5.88%
Peru, IN (FHA|USDA|VA) 3 $125,000 $41,667 $0 7.06%
Glasgow, KY (FHA|USDA|VA) 1 $125,000 $125,000 $3,749 7.00%
Stillwater, OK (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.44%
MIDLAND, TX (FHA|USDA|VA) 1 $125,000 $125,000 $4,133 5.63%
Ludington, MI (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.14%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $115,000 $115,000 $4,693 3.63%
Georgetown, SC (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.29%
Garden City, KS (FHA|USDA|VA) 1 $115,000 $115,000 $2,525 5.50%
Cookeville, TN (FHA|USDA|VA) 2 $110,000 $55,000 $4,012 5.57%
LAFAYETTE, LA (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.94%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $105,000 $105,000 $4,566 7.63%
Plymouth, IN (FHA|USDA|VA) 1 $105,000 $105,000 $4,908 6.50%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.99%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.14%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $95,000 $95,000 $3,003 6.00%
Elko, NV (FHA|USDA|VA) 1 $85,000 $85,000 $0 5.29%
Ottawa, KS (FHA|USDA|VA) 1 $85,000 $85,000 $0 7.04%
SYRACUSE, NY (FHA|USDA|VA) 1 $75,000 $75,000 $4,129 7.25%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $75,000 $75,000 $2,893 3.25%
Houghton, MI (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.59%
BATON ROUGE, LA (FHA|USDA|VA) 1 $75,000 $75,000 $0 8.64%
Sandusky, OH (FHA|USDA|VA) 1 $75,000 $75,000 $3,550 3.88%
Richmond, IN (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.24%
Marion, IN (FHA|USDA|VA) 2 $60,000 $30,000 $0 7.30%
Forest City, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.89%
Outside of Metro Areas 1 $55,000 $55,000 $0 6.89%
Logansport, IN (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.14%
Newberry, SC (FHA|USDA|VA) 1 $55,000 $55,000 $0 3.89%
Hutchinson, MN (FHA|USDA|VA) 1 $55,000 $55,000 $0 6.49%
RAPID CITY, SD (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.34%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.94%
Red Wing, MN (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.89%
New Ulm, MN (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.74%
MERCED, CA (FHA|USDA|VA) 1 $45,000 $45,000 $0 9.98%
Grand Rapids, MN (FHA|USDA|VA) 1 $35,000 $35,000 $0 8.77%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $35,000 $35,000 $0 5.78%
Safford, AZ (FHA|USDA|VA) 1 $35,000 $35,000 $0 9.89%
Connersville, IN (FHA|USDA|VA) 1 $25,000 $25,000 $0 7.73%
JONESBORO, AR (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.68%
Crawfordsville, IN (FHA|USDA|VA) 1 $25,000 $25,000 $0 5.08%
Taylorville, IL (FHA|USDA|VA) 1 $15,000 $15,000 $0 9.94%
Bmo Harris Bank's top markets include Chicago, Phoenix, Atlanta, Milwaukee, and Minneapolis among others.

Their top states include:
  • Illinois (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • California (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    HELOC 9,872 $1,427,210,000 $144,572 n/a 5.49%
    Conventional 3,694 $2,935,770,000 $794,740 $5,039 4.71%
    FHA 106 $21,030,000 $198,396 $8,509 5.44%

    For 2022, Bmo Harris Bank's most frequently originated type of loan was HELOC, with 9,872 originations. Their 2nd most popular type was Conventional, with 3,694 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 4,241 $473,185,000 $111,574 $343 5.74%
    Other 3,240 $642,670,000 $198,355 $2,938 5.65%
    Cash Out Refi 3,067 $642,695,000 $209,552 $3,491 4.92%
    Home Purchase 2,705 $2,032,945,000 $751,551 $6,621 4.77%
    Refi 419 $592,515,000 $1,414,117 $3,473 3.55%

    For 2022, Bmo Harris Bank's most frequently cited loan purpose was Home Improvement, with 4,241 originations. The 2nd most popular reason was Other, with 3,240 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 12,690 $3,332,730,000 $262,626 $6,222 5.29%
    15 Year 437 $105,455,000 $241,316 $3,120 3.99%
    20 Year 340 $61,830,000 $181,853 $1,231 5.98%
    10 Year 142 $13,830,000 $97,394 $770 6.07%
    5 Year 53 $97,135,000 $1,832,736 $0 6.67%
    3 Year 6 $425,070,000 $70,845,000 $0 3.15%
    Other 3 $320,845,000 $106,948,333 $0 3.76%
    1 Year 1 $27,115,000 $27,115,000 $0 4.30%

    For 2022, Bmo Harris Bank's most frequently cited loan duration was 30 Year, with 12,690 originations. The 2nd most popular length was 15 Year, with 437 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,464 $1,525,320,000 $619,042
    $<1k 462 $30,920,000 $66,926
    $2k-3k 400 $201,230,000 $503,075
    $5k+ 221 $215,415,000 $974,729
    $3k-4k 140 $73,620,000 $525,857
    $4k-5k 95 $68,775,000 $723,947

    Bmo Harris Bank's average total fees were $6,222, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,464 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 3,917 $1,330,545,000 $339,685
    3-4% 2,717 $1,172,425,000 $431,515
    5-6% 2,661 $668,135,000 $251,084
    6-7% 2,035 $270,975,000 $133,157
    7-8% 1,156 $102,020,000 $88,253
    Over 8% 771 $45,755,000 $59,345
    2.5-3% 277 $258,605,000 $933,592
    <2.5% 138 $535,550,000 $3,880,797

    During 2022, Bmo Harris Bank's average interest rate for loans was 5.29%, while their most frequently originated rate bucket for loans was 4-5%, with 3,917 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 4,907 $272,905,000 $55,615 $1,222 6.19%
    $100k-200k 4,267 $560,545,000 $131,367 $3,497 4.99%
    $200k-400k 2,405 $648,285,000 $269,557 $4,567 4.74%
    $600k-1MM 750 $579,260,000 $772,347 $6,533 4.34%
    $400k-600k 736 $355,330,000 $482,785 $5,368 4.58%
    $1MM+ 607 $1,967,685,000 $3,241,656 $10,503 4.03%

    2022 saw Bmo Harris Bank place emphasis on $100,000 or less loans with 4,907 originations, totaling $272,905,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 2,625 $421,635,000 $160,623 $3,506 5.54%
    $50k-75k 2,443 $297,335,000 $121,709 $3,660 5.42%
    $150k-250k 2,239 $614,925,000 $274,643 $5,050 5.28%
    $50k or less 2,066 $310,840,000 $150,455 $4,086 5.17%
    $75k-100k 1,922 $244,490,000 $127,206 $3,284 5.51%
    $250k+ 1,870 $1,514,900,000 $810,107 $7,796 4.70%

    Bmo Harris Bank lent most frequently to those with incomes in the $100k-150k range, with 2,625 originations. The second most popular income band? $50k-75k, with 2,443 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 2,527 $650,565,000 $257,446 $4,780 5.01%
    30-36% 2,344 $593,210,000 $253,076 $4,880 5.23%
    49% 1,060 $161,270,000 $152,142 $4,615 5.25%
    <20% 837 $272,305,000 $325,335 $5,153 4.64%
    45% 744 $96,550,000 $129,772 $3,062 6.09%
    44% 674 $145,910,000 $216,484 $4,394 5.73%
    42% 580 $123,490,000 $212,914 $4,948 5.61%
    43% 539 $111,515,000 $206,892 $4,328 5.78%
    41% 502 $144,050,000 $286,952 $6,117 5.50%
    38% 496 $119,720,000 $241,371 $5,384 5.36%
    39% 494 $122,090,000 $247,146 $5,063 5.59%
    48% 490 $83,080,000 $169,551 $4,386 5.19%
    40% 483 $112,315,000 $232,536 $4,962 5.51%
    37% 461 $121,625,000 $263,829 $4,937 5.46%
    36% 437 $107,475,000 $245,938 $5,041 5.28%
    47% 340 $69,570,000 $204,618 $5,065 5.21%
    46% 326 $60,840,000 $186,626 $4,380 5.01%
    >60% 187 $278,465,000 $1,489,118 $9,433 3.96%
    50-60% 119 $91,255,000 $766,849 $7,562 4.47%

    Bmo Harris Bank lent most frequently to those with DTI ratios of 20-30%, with 2,527 originations. The next most common DTI ratio? 30-36%, with 2,344 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 10,734 $2,192,370,000 $204,245 $4,370 5.33%
    Not provided 1,915 $1,072,095,000 $559,841 $6,199 4.89%
    Not applicable 14 $868,450,000 $62,032,143 $0 3.94%
    Asian 415 $120,575,000 $290,542 $5,350 5.33%
    Black 386 $58,880,000 $152,539 $5,111 5.86%
    Asian Indian 69 $33,545,000 $486,159 $7,108 4.92%
    American Indian 81 $18,005,000 $222,284 $4,735 5.47%
    Other Asian 23 $8,185,000 $355,870 $5,210 4.92%
    Korean 5 $3,375,000 $675,000 $4,784 5.18%
    Filipino 10 $2,550,000 $255,000 $3,812 4.65%
    Vietnamese 3 $2,295,000 $765,000 $4,809 6.32%
    Chinese 7 $2,045,000 $292,143 $7,067 5.10%
    Native Hawaiian or Islander 8 $1,140,000 $142,500 $4,586 5.05%
    Japanese 2 $500,000 $250,000 $0 3.89%

    Approval Rates

    Total approvals of all applications
    71.59%

    Bmo Harris Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    74.36%

    Bmo Harris Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 13,672 $4,384,010,000 $320,656

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    13,672 $4,384,010,000 $320,656

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3,935 $546,575,000 $138,901 $2,614 5.37%
    40-60% 1,942 $1,121,900,000 $577,703 $4,605 4.66%
    60-80% 2,338 $1,431,820,000 $612,412 $6,012 4.49%
    80-100% 1,787 $1,016,255,000 $568,693 $6,353 4.80%
    Over 100% 1 $1,205,000 $1,205,000 $0 3.25%
    Under 20% 3,669 $266,255,000 $72,569 $226 6.23%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    BMO HARRIS BANK NATIONAL ASSOCIATION Conventional home mortgage Trouble during payment process 1 100.0%