Farmers State Bank Mortgage Rates, Fees & InfoVictor, MT
Tax ID: 81-0133810
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewFarmers State Bank is a smaller bank specializing in Home Purchase loans. Farmers State Bank has a high proportion of conventional loans. Their top (well, only) market is Missoula.
Farmers State Bank 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.
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Origination Dollar Volume (All Markets)$61,975,000
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||145||$48,515,000||$334,586||$0||0.00%|
|MISSOULA, MT (FHA|USDA|VA)||22||$13,460,000||$611,818||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Farmers State Bank's most frequently originated type of loan was Conventional, with 165 originations. Their 2nd most popular type was VA, with 2 originations.
For 2022, Farmers State Bank's most frequently cited loan purpose was Home Purchase, with 90 originations. The 2nd most popular reason was Refi, with 29 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Farmers State Bank's most frequently cited loan duration was Other, with 167 originations.
2022 saw Farmers State Bank place emphasis on $200k-400k loans with 65 originations, totaling $18,325,000 in origination value.
Farmers State Bank lent most frequently to those with incomes in the $100k-150k range, with 42 originations. The second most popular income band? $50k-75k, with 32 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Farmers State Bank lent most frequently to those with DTI ratios of Exempt%, with 167 originations.
Approval RatesTotal approvals of all applications
Farmers State Bank has an average approval rate.
Pick RateApprovals leading to origination
Farmers State Bank has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|