Kirkwood Bank & Trust Co. Mortgage Rates, Fees & Info
Bismarck, NDLEI: 549300C5STIFBCFMRJ96
Tax ID: 45-0323019
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
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, Billings, Lake Havasu City, Dickinson, and Minot among others. We have data for 8 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 a below average pick rate when compared to similar lenders.
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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
100Origination Dollar Volume (All Markets)
$22,970,000Top 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) | 79 | $15,885,000 | $201,076 | $0 | 0.00% |
| Outside of Metro Areas | 13 | $4,595,000 | $353,462 | $0 | 0.00% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 0.00% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 0.00% |
| Dickinson, ND (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $0 | 0.00% |
| Minot, ND (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| TYLER, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 90 | $20,210,000 | $224,556 | $0 | 0.00% |
| FHA | 7 | $1,775,000 | $253,571 | $0 | 0.00% |
| VA | 3 | $985,000 | $328,333 | $0 | 0.00% |
For 2023, Kirkwood Bank & Trust Co.'s most frequently originated type of loan was Conventional, with 90 originations. Their 2nd most popular type was FHA, with 7 originations.
Loan Reason
For 2023, Kirkwood Bank & Trust Co.'s most frequently cited loan purpose was Home Purchase, with 55 originations. The 2nd most popular reason was Refi, with 26 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 100 | $22,970,000 | $229,700 | $0 | 0.00% |
For 2023, Kirkwood Bank & Trust Co.'s most frequently cited loan duration was Other, with 100 originations.
Loan Sizing
2023 saw Kirkwood Bank & Trust Co. place emphasis on $200k-400k loans with 44 originations, totaling $11,470,000 in origination value.
Applicant Income
Kirkwood Bank & Trust Co. lent most frequently to those with incomes in the $100k-150k range, with 24 originations. The second most popular income band? $50k-75k, with 20 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 100 | $22,970,000 | $229,700 | $0 | 0.00% |
Kirkwood Bank & Trust Co. lent most frequently to those with DTI ratios of Exempt%, with 100 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications96.80%
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 origination79.00%
Kirkwood Bank & Trust Co. has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 100 | $22,970,000 | $229,700 |