Trailwest Bank Mortgage Rates, Fees & Info
Lolo, MTLEI: 5493002BECVKN2TJ6H05
Tax ID: 81-0402347
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Trailwest Bank is a smaller bank specializing in Home Purchase and Refi loans. Trailwest Bank has a high proportion of conventional loans. Their top markets by origination volume include: Missoula, Kalispell, Helena, Phoenix, and Bozeman 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
198Origination Dollar Volume (All Markets)
$61,330,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 89 | $28,095,000 | $315,674 | $0 | 0.00% |
| MISSOULA, MT (FHA|USDA|VA) | 59 | $16,005,000 | $271,271 | $0 | 0.00% |
| Kalispell, MT (FHA|USDA|VA) | 43 | $14,925,000 | $347,093 | $0 | 0.00% |
| Helena, MT (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $0 | 0.00% |
| Bozeman, MT (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Butte-Silver Bow, MT (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 197 | $61,075,000 | $310,025 | $0 | 0.00% |
| VA | 1 | $255,000 | $255,000 | $0 | 0.00% |
For 2022, Trailwest Bank's most frequently originated type of loan was Conventional, with 197 originations. Their 2nd most popular type was VA, with 1 originations.
Loan Reason
For 2022, Trailwest Bank's most frequently cited loan purpose was Home Purchase, with 121 originations. The 2nd most popular reason was Refi, with 59 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 198 | $61,330,000 | $309,747 | $0 | 0.00% |
For 2022, Trailwest Bank's most frequently cited loan duration was Other, with 198 originations.
Loan Sizing
2022 saw Trailwest Bank place emphasis on $200k-400k loans with 86 originations, totaling $24,150,000 in origination value.
Applicant Income
Trailwest Bank lent most frequently to those with incomes in the $100k-150k range, with 56 originations. The second most popular income band? $250k+, with 29 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 198 | $61,330,000 | $309,747 | $0 | 0.00% |
Trailwest Bank lent most frequently to those with DTI ratios of Exempt%, with 198 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.72%
Trailwest Bank has an average approval rate.
Pick Rate
Approvals leading to origination81.82%
Trailwest Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 198 | $61,330,000 | $309,747 |