Points West Community Bank Mortgage Rates, Fees & Info

Windsor, CO

LEI: 5493009D7ZK3I86CJC09

Tax ID: 84-0240535

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Points West Community Bank is a smaller bank specializing in Home Purchase and Refi loans. Points West Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Fort Collins, Greeley, Denver, Dallas, and Laramie among others. We have data for 12 markets. (Some data included below & more in-depth data is available with an active subscription.)

Points West Community Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.

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Originations

106

Origination Dollar Volume (All Markets)

$22,140,000

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
FORT COLLINS, CO (FHA|USDA|VA) 13 $6,705,000 $515,769 $0 0.00%
GREELEY, CO (FHA|USDA|VA) 19 $6,575,000 $346,053 $0 0.00%
Outside of Metro Areas 62 $5,430,000 $87,581 $0 0.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $1,610,000 $805,000 $0 0.00%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $565,000 $565,000 $0 0.00%
Laramie, WY (FHA|USDA|VA) 1 $345,000 $345,000 $0 0.00%
Sterling, CO (FHA|USDA|VA) 2 $330,000 $165,000 $0 0.00%
CHEYENNE, WY (FHA|USDA|VA) 2 $230,000 $115,000 $0 0.00%
Ottumwa, IA (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
Fort Morgan, CO (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
Kearney, NE (FHA|USDA|VA) 1 $55,000 $55,000 $0 0.00%
North Platte, NE (FHA|USDA|VA) 1 $45,000 $45,000 $0 0.00%
Points West Community Bank's top markets include Fort Collins, Greeley, Denver, Dallas, and Laramie among others.

Their top states include:
  • Colorado (FHA|USDA|VA)
  • Nebraska (FHA|USDA|VA)
  • Wyoming (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Iowa (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 106 $22,140,000 $208,868 $0 0.00%

    For 2023, Points West Community Bank's most frequently originated type of loan was Conventional, with 106 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 50 $14,960,000 $299,200 $0 0.00%
    Refi 39 $4,825,000 $123,718 $0 0.00%
    Other 10 $1,760,000 $176,000 $0 0.00%
    Home Improvement 7 $595,000 $85,000 $0 0.00%

    For 2023, Points West Community Bank's most frequently cited loan purpose was Home Purchase, with 50 originations. The 2nd most popular reason was Refi, with 39 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 106 $22,140,000 $208,868 $0 0.00%

    For 2023, Points West Community Bank's most frequently cited loan duration was Other, with 106 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 51 $2,335,000 $45,784 $0 0.00%
    $100k-200k 23 $3,255,000 $141,522 $0 0.00%
    $200k-400k 18 $5,310,000 $295,000 $0 0.00%
    $400k-600k 6 $3,000,000 $500,000 $0 0.00%
    $600k-1MM 5 $4,055,000 $811,000 $0 0.00%
    $1MM+ 3 $4,185,000 $1,395,000 $0 0.00%

    2023 saw Points West Community Bank place emphasis on $100,000 or less loans with 51 originations, totaling $2,335,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 17 $3,805,000 $223,824 $0 0.00%
    $50k or less 16 $760,000 $47,500 $0 0.00%
    $100k-150k 15 $1,915,000 $127,667 $0 0.00%
    $250k+ 14 $9,460,000 $675,714 $0 0.00%
    $50k-75k 12 $1,370,000 $114,167 $0 0.00%
    $75k-100k 12 $1,360,000 $113,333 $0 0.00%

    Points West Community Bank lent most frequently to those with incomes in the $150k-250k range, with 17 originations. The second most popular income band? $50k or less, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 106 $22,140,000 $208,868 $0 0.00%

    Points West Community Bank lent most frequently to those with DTI ratios of Exempt%, with 106 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 80 $17,190,000 $214,875 $0 0.00%
    Not applicable 20 $3,470,000 $173,500 $0 0.00%
    Not provided 4 $1,170,000 $292,500 $0 0.00%
    Asian 1 $245,000 $245,000 $0 0.00%
    American Indian 1 $65,000 $65,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    91.27%

    Points West Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    91.51%

    Points West Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 106 $22,140,000 $208,868

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    106 $22,140,000 $208,868