Kirkwood Bank & Trust Co. Mortgage Rates, Fees & Info
Bismarck, NDLEI: 549300C5STIFBCFMRJ96
Tax ID: 45-0323019
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Mortgage Data
Review & Overview
Kirkwood Bank & Trust Co. is a smaller bank specializing in Home Purchase loans. Kirkwood Bank & Trust Co. has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Bismarck, Fargo, Minneapolis, Dickinson, and Fergus Falls among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)Kirkwood Bank & Trust Co. 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
150Origination Dollar Volume (All Markets)
$37,870,000Top 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 |
|---|---|---|---|---|---|
| BISMARCK, ND (FHA|USDA|VA) | 101 | $25,665,000 | $254,109 | $0 | 0.00% |
| FARGO, ND-MN (FHA|USDA|VA) | 18 | $4,030,000 | $223,889 | $0 | 0.00% |
| Outside of Metro Areas | 15 | $2,875,000 | $191,667 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 4 | $1,830,000 | $457,500 | $0 | 0.00% |
| Dickinson, ND (FHA|USDA|VA) | 5 | $1,255,000 | $251,000 | $0 | 0.00% |
| Fergus Falls, MN (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 0.00% |
| Minot, ND (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $0 | 0.00% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| Wahpeton, ND-MN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 120 | $29,210,000 | $243,417 | $0 | 0.00% |
| FHA | 25 | $6,455,000 | $258,200 | $0 | 0.00% |
| VA | 5 | $2,205,000 | $441,000 | $0 | 0.00% |
For 2024, Kirkwood Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 120 originations. Their 2nd most popular type was FHA, with 25 originations.
Loan Reason
For 2024, Kirkwood Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 118 originations. The 2nd most popular reason was Refi, with 16 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 150 | $37,870,000 | $252,467 | $0 | 0.00% |
For 2024, Kirkwood Bank & Trust Co.'s most frequently cited loan duration was Other, with 150 originations.
Loan Sizing
2024 saw Kirkwood Bank & Trust Co. place emphasis on $200k-400k loans with 78 originations, totaling $21,820,000 in origination value.
Applicant Income
Kirkwood Bank & Trust Co. lent most frequently to those with incomes in the $100k-150k range, with 41 originations. The second most popular income band? $150k-250k, with 26 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 150 | $37,870,000 | $252,467 | $0 | 0.00% |
Kirkwood Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 150 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.39%
Kirkwood Bank & Trust Co. has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination90.67%
Kirkwood Bank & Trust Co. has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 150 | $37,870,000 | $252,467 |