Bank Of Bridger Mortgage Rates, Fees & Info

Bridger, MT

LEI: 549300DY5ZVXIORLFC39

Tax ID: 83-0129675

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Mortgage Data

Review & Overview

Bank Of Bridger is a smaller bank specializing in Home Purchase and Refi loans. Bank Of Bridger has a high proportion of conventional loans. Their top (well, only) market is Billings.

Bank Of Bridger 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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Originations

61

Origination Dollar Volume (All Markets)

$13,365,000

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
BILLINGS, MT (FHA|USDA|VA) 27 $7,065,000 $261,667 $0 0.00%
Outside of Metro Areas 34 $6,300,000 $185,294 $0 0.00%
Bank Of Bridger's top markets include and Billings among others.

Their top states include:
  • Montana (FHA|USDA|VA)
  • (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 61 $13,365,000 $219,098 $0 0.00%

    For 2024, Bank Of Bridger's most frequently originated type of loan was Conventional, with 61 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 32 $7,160,000 $223,750 $0 0.00%
    Refi 19 $5,305,000 $279,211 $0 0.00%
    Other 7 $735,000 $105,000 $0 0.00%
    Home Improvement 3 $165,000 $55,000 $0 0.00%

    For 2024, Bank Of Bridger's most frequently cited loan purpose was Home Purchase, with 32 originations. The 2nd most popular reason was Refi, with 19 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 61 $13,365,000 $219,098 $0 0.00%

    For 2024, Bank Of Bridger's most frequently cited loan duration was Other, with 61 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 19 $5,565,000 $292,895 $0 0.00%
    $100,000 or less 18 $1,070,000 $59,444 $0 0.00%
    $100k-200k 16 $2,250,000 $140,625 $0 0.00%
    $400k-600k 6 $2,860,000 $476,667 $0 0.00%
    $600k-1MM 2 $1,620,000 $810,000 $0 0.00%

    2024 saw Bank Of Bridger place emphasis on $200k-400k loans with 19 originations, totaling $5,565,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 14 $1,720,000 $122,857 $0 0.00%
    $100k-150k 13 $2,875,000 $221,154 $0 0.00%
    $75k-100k 9 $1,695,000 $188,333 $0 0.00%
    $250k+ 5 $2,335,000 $467,000 $0 0.00%
    $150k-250k 3 $1,075,000 $358,333 $0 0.00%
    $50k or less 2 $90,000 $45,000 $0 0.00%

    Bank Of Bridger lent most frequently to those with incomes in the $50k-75k range, with 14 originations. The second most popular income band? $100k-150k, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 61 $13,365,000 $219,098 $0 0.00%

    Bank Of Bridger lent most frequently to those with DTI ratios of Exempt%, with 61 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 50 $11,190,000 $223,800 $0 0.00%
    Not applicable 9 $2,065,000 $229,444 $0 0.00%
    American Indian 2 $110,000 $55,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.81%

    Bank Of Bridger has an average approval rate.

    Pick Rate

    Approvals leading to origination
    80.33%

    Bank Of Bridger has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 61 $13,365,000 $219,098

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    61 $13,365,000 $219,098