Trailwest Bank Mortgage Rates, Fees & Info

Lolo, MT

LEI: 5493002BECVKN2TJ6H05

Tax ID: 81-0402347

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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

198

Origination Dollar Volume (All Markets)

$61,330,000

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 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%
Trailwest Bank's top markets include Missoula, Kalispell, Helena, Phoenix, and Bozeman among others.

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

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 121 $45,825,000 $378,719 $0 0.00%
    Refi 59 $13,335,000 $226,017 $0 0.00%
    Other 11 $1,635,000 $148,636 $0 0.00%
    Home Improvement 7 $535,000 $76,429 $0 0.00%

    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

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 86 $24,150,000 $280,814 $0 0.00%
    $100k-200k 42 $6,420,000 $152,857 $0 0.00%
    $100,000 or less 25 $1,475,000 $59,000 $0 0.00%
    $400k-600k 25 $11,885,000 $475,400 $0 0.00%
    $600k-1MM 14 $9,880,000 $705,714 $0 0.00%
    $1MM+ 6 $7,520,000 $1,253,333 $0 0.00%

    2022 saw Trailwest Bank place emphasis on $200k-400k loans with 86 originations, totaling $24,150,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 56 $16,210,000 $289,464 $0 0.00%
    $250k+ 29 $14,365,000 $495,345 $0 0.00%
    $50k-75k 28 $5,560,000 $198,571 $0 0.00%
    $75k-100k 25 $6,865,000 $274,600 $0 0.00%
    $150k-250k 20 $8,610,000 $430,500 $0 0.00%
    $50k or less 18 $2,020,000 $112,222 $0 0.00%

    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

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 165 $47,825,000 $289,848 $0 0.00%
    Not provided 18 $8,060,000 $447,778 $0 0.00%
    Not applicable 11 $4,745,000 $431,364 $0 0.00%
    Asian 2 $300,000 $150,000 $0 0.00%
    American Indian 1 $215,000 $215,000 $0 0.00%
    Black 1 $185,000 $185,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    86.72%

    Trailwest Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.82%

    Trailwest Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 198 $61,330,000 $309,747

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    198 $61,330,000 $309,747