Points West Community Bank Mortgage Rates, Fees & Info
Windsor, COLEI: 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 Refi and Home Purchase loans. Points West Community Bank has a high proportion of conventional loans. Their top markets by origination volume include: Fort Collins, Denver, Greeley, Spearfish, and Sterling among others. We have data for 9 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
120Origination Dollar Volume (All Markets)
$20,790,000Top 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 | 79 | $8,045,000 | $101,835 | $0 | 0.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 16 | $5,440,000 | $340,000 | $0 | 0.00% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $4,105,000 | $1,368,333 | $0 | 0.00% |
| GREELEY, CO (FHA|USDA|VA) | 11 | $1,725,000 | $156,818 | $0 | 0.00% |
| Spearfish, SD (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $0 | 0.00% |
| Sterling, CO (FHA|USDA|VA) | 5 | $485,000 | $97,000 | $0 | 0.00% |
| CASPER, WY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
| CHEYENNE, WY (FHA|USDA|VA) | 3 | $165,000 | $55,000 | $0 | 0.00% |
| GRAND ISLAND, NE (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 120 | $20,790,000 | $173,250 | $0 | 0.00% |
For 2022, Points West Community Bank's most frequently originated type of loan was Conventional, with 120 originations.
Loan Reason
For 2022, Points West Community Bank's most frequently cited loan purpose was Refi, with 50 originations. The 2nd most popular reason was Home Purchase, with 47 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 120 | $20,790,000 | $173,250 | $0 | 0.00% |
For 2022, Points West Community Bank's most frequently cited loan duration was Other, with 120 originations.
Loan Sizing
2022 saw Points West Community Bank place emphasis on $100,000 or less loans with 65 originations, totaling $3,085,000 in origination value.
Applicant Income
Points West Community Bank lent most frequently to those with incomes in the $100k-150k range, with 19 originations. The second most popular income band? $50k-75k, with 18 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 120 | $20,790,000 | $173,250 | $0 | 0.00% |
Points West Community Bank lent most frequently to those with DTI ratios of Exempt%, with 120 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.38%
Points West Community Bank has an average approval rate.
Pick Rate
Approvals leading to origination94.17%
Points West Community Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 120 | $20,790,000 | $173,250 |
Complaints
| Bank Name | Product | Issue | 2022 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| PENTAGON FEDERAL CREDIT UNION | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 20.0% |
| PENTAGON FEDERAL CREDIT UNION | Conventional home mortgage | Closing on a mortgage | 2 | 40.0% |
| PENTAGON FEDERAL CREDIT UNION | VA mortgage | Closing on a mortgage | 2 | 40.0% |