First International Bank & Trust Mortgage Rates, Fees & Info
Watford City, NDLEI: 5493002LPXKMOZNXUY90
Tax ID: 45-0134280
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Mortgage Data
Review & Overview
First International Bank & Trust is a smaller bank specializing in Home Purchase loans. First International Bank & Trust 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.) They have a low ratio of USDA loans. Their top markets by origination volume include: Phoenix, Fargo, Sioux Falls, Bismarck, and Minot among others. We have data for 85 markets. (Some data included below & more in-depth data is available with an active subscription.)First International Bank & Trust has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. First International Bank & Trust 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 about average 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.63% | 11/17/24 |
| 30 Year Conventional Purchase | 6.59% | 11/17/24 |
| 30 Year Conventional Refi | 6.52% | 11/17/24 |
| 30 Year Cash-out Refi | 6.72% | 11/17/24 |
| 30 Year FHA Purchase | 7.35% | 11/17/24 |
| 30 Year FHA Refi | 6.99% | 11/17/24 |
| 30 Year VA Purchase | 6.09% | 11/17/24 |
| 30 Year VA Refi | 5.89% | 11/17/24 |
| 30 Year USDA Purchase | 6.60% | 11/17/24 |
| 15 Year Conventional Purchase | 6.12% | 11/17/24 |
| 15 Year Conventional Refi | 6.12% | 11/17/24 |
| 15 Year Cash-out Refi | 6.12% | 11/17/24 |
| 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. | ||
First International Bank & Trust Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,904Origination Dollar Volume (All Markets)
$709,310,000Awards
First International Bank & Trust - 2022
First International Bank & Trust is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 274 | $222,910,000 | $813,540 | $15,691 | 5.03% |
| FARGO, ND-MN (FHA|USDA|VA) | 364 | $99,210,000 | $272,555 | $4,676 | 4.78% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 261 | $95,655,000 | $366,494 | $5,429 | 5.07% |
| BISMARCK, ND (FHA|USDA|VA) | 216 | $63,400,000 | $293,519 | $6,039 | 4.75% |
| Outside of Metro Areas | 266 | $53,740,000 | $202,030 | $4,190 | 5.18% |
| Minot, ND (FHA|USDA|VA) | 174 | $38,010,000 | $218,448 | $3,737 | 4.87% |
| Brookings, SD (FHA|USDA|VA) | 3 | $14,655,000 | $4,885,000 | $3,676 | 6.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 30 | $14,520,000 | $484,000 | $7,541 | 5.12% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 60 | $14,250,000 | $237,500 | $4,745 | 5.18% |
| Williston, ND (FHA|USDA|VA) | 58 | $14,110,000 | $243,276 | $3,655 | 5.42% |
| Dickinson, ND (FHA|USDA|VA) | 7 | $7,145,000 | $1,020,714 | $4,043 | 4.22% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 4 | $6,360,000 | $1,590,000 | $19,230 | 4.58% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $6,240,000 | $1,560,000 | $20,013 | 4.41% |
| Fergus Falls, MN (FHA|USDA|VA) | 17 | $5,645,000 | $332,059 | $5,783 | 4.70% |
| Yankton, SD (FHA|USDA|VA) | 21 | $4,485,000 | $213,571 | $3,852 | 5.74% |
| Watertown, SD (FHA|USDA|VA) | 4 | $3,140,000 | $785,000 | $17,449 | 5.81% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 8 | $2,560,000 | $320,000 | $8,133 | 5.30% |
| Spearfish, SD (FHA|USDA|VA) | 4 | $2,160,000 | $540,000 | $0 | 4.69% |
| Brainerd, MN (FHA|USDA|VA) | 9 | $2,135,000 | $237,222 | $4,690 | 5.15% |
| TUCSON, AZ (FHA|USDA|VA) | 3 | $1,985,000 | $661,667 | $19,090 | 5.42% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $1,855,000 | $1,855,000 | $23,820 | 4.13% |
| Edwards, CO (FHA|USDA|VA) | 1 | $1,685,000 | $1,685,000 | $0 | 6.75% |
| Heber, UT (FHA|USDA|VA) | 1 | $1,635,000 | $1,635,000 | $22,290 | 5.88% |
| Show Low, AZ (FHA|USDA|VA) | 4 | $1,510,000 | $377,500 | $8,505 | 5.63% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 3 | $1,455,000 | $485,000 | $6,611 | 5.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 4 | $1,320,000 | $330,000 | $5,103 | 4.94% |
| RAPID CITY, SD (FHA|USDA|VA) | 4 | $1,300,000 | $325,000 | $3,465 | 5.47% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $1,220,000 | $610,000 | $17,854 | 4.06% |
| ST. CLOUD, MN (FHA|USDA|VA) | 4 | $1,120,000 | $280,000 | $4,289 | 4.48% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $8,755 | 5.13% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1 | $1,025,000 | $1,025,000 | $19,640 | 5.38% |
| Mitchell, SD (FHA|USDA|VA) | 6 | $1,010,000 | $168,333 | $5,517 | 5.79% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $4,343 | 4.71% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $945,000 | $945,000 | $0 | 4.95% |
| Huron, SD (FHA|USDA|VA) | 7 | $905,000 | $129,286 | $0 | 5.36% |
| Wahpeton, ND-MN (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $3,583 | 3.56% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $835,000 | $835,000 | $12,017 | 3.75% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $6,419 | 4.50% |
| ROCHESTER, MN (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $5,408 | 3.38% |
| Jamestown, ND (FHA|USDA|VA) | 4 | $760,000 | $190,000 | $5,058 | 4.81% |
| Bozeman, MT (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $0 | 3.75% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $5,152 | 6.88% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 4 | $630,000 | $157,500 | $5,091 | 4.84% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $4,647 | 4.71% |
| WICHITA, KS (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $8,457 | 5.19% |
| Worthington, MN (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $3,517 | 5.63% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 4.25% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $15,076 | 5.50% |
| Vermillion, SD (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 5.81% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $15,929 | 5.63% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $2,636 | 4.13% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $18,326 | 5.88% |
| CEDAR RAPIDS, IA (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $4,513 | 4.38% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $2,298 | 5.38% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $5,012 | 4.00% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $8,218 | 4.88% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $8,036 | 6.25% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,425 | 6.38% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,348 | 5.75% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $6,619 | 5.25% |
| Aberdeen, SD (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 7.19% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,630 | 5.50% |
| TULSA, OK (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 5.50% |
| GREAT FALLS, MT (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 6.15% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $3,717 | 5.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,924 | 5.25% |
| MADISON, WI (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,333 | 5.00% |
| Willmar, MN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,034 | 5.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,865 | 4.25% |
| Pierre, SD (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 6.13% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 4.50% |
| Oskaloosa, IA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,419 | 3.13% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.75% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,460 | 5.25% |
| Owatonna, MN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 5.50% |
| Burlington, IA-IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,409 | 7.13% |
| Marshall, MN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,536 | 5.25% |
| Durant, OK (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,948 | 3.25% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.75% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 6.50% |
| Austin, MN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.63% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,676 | 6.00% |
| Bemidji, MN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.25% |
| Alexandria, MN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.19% |
| New Ulm, MN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.50% |
Similar Lenders
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Product Mix
For 2022, First International Bank & Trust's most frequently originated type of loan was Conventional, with 1,242 originations. Their 2nd most popular type was HELOC, with 435 originations.
Loan Reason
For 2022, First International Bank & Trust's most frequently cited loan purpose was Home Purchase, with 1,232 originations. The 2nd most popular reason was Home Improvement, with 227 originations.
Loan Duration/Length
For 2022, First International Bank & Trust's most frequently cited loan duration was 30 Year, with 1,583 originations. The 2nd most popular length was Other, with 111 originations.
Origination Fees/Closing Costs
First International Bank & Trust's average total fees were $7,058, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 514 originations.
Interest Rates
During 2022, First International Bank & Trust's average interest rate for loans was 5.02%, while their most frequently originated rate bucket for loans was 4-5%, with 559 originations.
Loan Sizing
2022 saw First International Bank & Trust place emphasis on $200k-400k loans with 703 originations, totaling $198,645,000 in origination value.
Applicant Income
First International Bank & Trust lent most frequently to those with incomes in the $100k-150k range, with 386 originations. The second most popular income band? $150k-250k, with 305 originations.
Applicant Debt to Income Ratio
First International Bank & Trust lent most frequently to those with DTI ratios of 30-36%, with 324 originations. The next most common DTI ratio? 20-30%, with 321 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.61%
First International Bank & Trust has an average approval rate.
Pick Rate
Approvals leading to origination85.19%
First International Bank & Trust has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,904 | $709,310,000 | $372,537 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| FIRST CITIZENS BANCSHARES, INC. | Home equity loan or line of credit (HELOC) | Applying for a mortgage or refinancing an existing mortgage | 1 | 100.0% |