Trailwest Bank Mortgage Rates, Fees & Info

Lolo, MT

LEI: 5493002BECVKN2TJ6H05

Tax ID: 81-0402347

Latest/2023 | 2022 Data | 2021 Data | 2020 Data |

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Mortgage Data

Review & Overview

Trailwest Bank is a smaller bank specializing in Home Purchase loans. Trailwest Bank has a high proportion of conventional loans. Their top markets by origination volume include: Kalispell, Missoula, Bozeman, Evanston, and Lake Havasu City among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)

Trailwest 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.

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Originations

156

Origination Dollar Volume (All Markets)

$55,080,000

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
Outside of Metro Areas 69 $21,695,000 $314,420 $0 0.00%
Kalispell, MT (FHA|USDA|VA) 42 $18,140,000 $431,905 $0 0.00%
MISSOULA, MT (FHA|USDA|VA) 39 $9,685,000 $248,333 $0 0.00%
Bozeman, MT (FHA|USDA|VA) 1 $2,255,000 $2,255,000 $0 0.00%
Evanston, WY (FHA|USDA|VA) 1 $1,765,000 $1,765,000 $0 0.00%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $725,000 $725,000 $0 0.00%
BOULDER, CO (FHA|USDA|VA) 1 $415,000 $415,000 $0 0.00%
Butte-Silver Bow, MT (FHA|USDA|VA) 2 $400,000 $200,000 $0 0.00%
Trailwest Bank's top markets include Kalispell, Missoula, Bozeman, Evanston, and Lake Havasu City among others.

Their top states include:
  • Montana (FHA|USDA|VA)
  • Wyoming (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 156 $55,080,000 $353,077 $0 0.00%

    For 2023, Trailwest Bank's most frequently originated type of loan was Conventional, with 156 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 97 $41,785,000 $430,773 $0 0.00%
    Refi 29 $9,765,000 $336,724 $0 0.00%
    Home Improvement 17 $2,175,000 $127,941 $0 0.00%
    Other 13 $1,355,000 $104,231 $0 0.00%

    For 2023, Trailwest Bank's most frequently cited loan purpose was Home Purchase, with 97 originations. The 2nd most popular reason was Refi, with 29 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 156 $55,080,000 $353,077 $0 0.00%

    For 2023, Trailwest Bank's most frequently cited loan duration was Other, with 156 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 51 $15,575,000 $305,392 $0 0.00%
    $100,000 or less 38 $2,190,000 $57,632 $0 0.00%
    $100k-200k 22 $3,320,000 $150,909 $0 0.00%
    $400k-600k 18 $8,600,000 $477,778 $0 0.00%
    $600k-1MM 17 $11,705,000 $688,529 $0 0.00%
    $1MM+ 10 $13,690,000 $1,369,000 $0 0.00%

    2023 saw Trailwest Bank place emphasis on $200k-400k loans with 51 originations, totaling $15,575,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 36 $11,450,000 $318,056 $0 0.00%
    $50k-75k 27 $5,075,000 $187,963 $0 0.00%
    $150k-250k 25 $11,825,000 $473,000 $0 0.00%
    $75k-100k 19 $3,395,000 $178,684 $0 0.00%
    $250k+ 16 $9,030,000 $564,375 $0 0.00%
    $50k or less 14 $1,040,000 $74,286 $0 0.00%

    Trailwest Bank lent most frequently to those with incomes in the $100k-150k range, with 36 originations. The second most popular income band? $50k-75k, with 27 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 156 $55,080,000 $353,077 $0 0.00%

    Trailwest Bank lent most frequently to those with DTI ratios of Exempt%, with 156 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 125 $38,535,000 $308,280 $0 0.00%
    Not applicable 16 $12,240,000 $765,000 $0 0.00%
    Not provided 10 $3,060,000 $306,000 $0 0.00%
    Black 1 $585,000 $585,000 $0 0.00%
    Other Asian 1 $395,000 $395,000 $0 0.00%
    American Indian 2 $240,000 $120,000 $0 0.00%
    Other Pacific Islander 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    88.63%

    Trailwest Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.13%

    Trailwest Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 156 $55,080,000 $353,077

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    156 $55,080,000 $353,077