Glacier Bank Mortgage Rates, Fees & Info
Kalispell, MTLEI: 549300ESRQ6OLBB56N04
Tax ID: 81-0251125
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Mortgage Data
Review & Overview
Glacier Bank is a small bank specializing in Home Purchase loans. Glacier Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Kalispell, Bozeman, Missoula, Sandpoint, and Billings among others. We have data for 76 markets. (Some data included below & more in-depth data is available with an active subscription.)Glacier Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Glacier Bank is typically a high fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have relatively high rates.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 11/17/24 |
| 30 Year Conventional Purchase | 6.50% | 11/17/24 |
| 30 Year Conventional Refi | 6.35% | 11/17/24 |
| 30 Year Cash-out Refi | 6.58% | 11/17/24 |
| 30 Year FHA Purchase | 7.22% | 11/17/24 |
| 30 Year FHA Refi | 6.27% | 11/17/24 |
| 30 Year VA Purchase | 6.06% | 11/17/24 |
| 30 Year VA Refi | 5.78% | 11/17/24 |
| 30 Year USDA Purchase | 6.47% | 11/17/24 |
| 15 Year Conventional Purchase | 6.19% | 11/17/24 |
| 15 Year Conventional Refi | 5.98% | 11/17/24 |
| 15 Year Cash-out Refi | 5.98% | 11/17/24 |
| 15 Year VA Purchase | 5.67% | 11/17/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Glacier Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from Glacier Bank. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
3,874Origination Dollar Volume (All Markets)
$1,381,710,000Awards
Glacier Bank - 2023
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For 2023, less than of lenders were eligible for this award.
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Relative Rate
Glacier Bank's average 30 year fixed mortgage rate was
6.69%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.21%.
Relative Fees (Closing Costs)
Glacier Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $9,039.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 908 | $268,060,000 | $295,220 | $7,647 | 7.78% |
| Kalispell, MT (FHA|USDA|VA) | 333 | $132,905,000 | $399,114 | $9,485 | 7.96% |
| Bozeman, MT (FHA|USDA|VA) | 216 | $96,280,000 | $445,741 | $9,588 | 7.85% |
| Outside of Metro Areas | 254 | $89,680,000 | $353,071 | $11,352 | 7.33% |
| MISSOULA, MT (FHA|USDA|VA) | 182 | $57,900,000 | $318,132 | $8,194 | 7.90% |
| Sandpoint, ID (FHA|USDA|VA) | 134 | $53,160,000 | $396,716 | $11,554 | 7.47% |
| BILLINGS, MT (FHA|USDA|VA) | 214 | $51,460,000 | $240,467 | $8,582 | 7.96% |
| Helena, MT (FHA|USDA|VA) | 250 | $49,600,000 | $198,400 | $7,081 | 8.32% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 123 | $48,955,000 | $398,008 | $9,053 | 6.88% |
| TUCSON, AZ (FHA|USDA|VA) | 3 | $37,605,000 | $12,535,000 | $17,173 | 7.46% |
| POCATELLO, ID (FHA|USDA|VA) | 126 | $35,150,000 | $278,968 | $7,422 | 7.48% |
| PROVO-OREM, UT (FHA|USDA|VA) | 56 | $31,490,000 | $562,321 | $16,529 | 7.81% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 28 | $31,220,000 | $1,115,000 | $9,806 | 7.54% |
| GREAT FALLS, MT (FHA|USDA|VA) | 13 | $23,275,000 | $1,790,385 | $11,669 | 7.60% |
| ST. GEORGE, UT (FHA|USDA|VA) | 29 | $23,025,000 | $793,966 | $10,559 | 7.27% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 62 | $22,420,000 | $361,613 | $7,960 | 7.54% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 41 | $22,365,000 | $545,488 | $10,443 | 7.21% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 21 | $22,265,000 | $1,060,238 | $9,876 | 7.29% |
| BOISE CITY, ID (FHA|USDA|VA) | 97 | $20,945,000 | $215,928 | $8,314 | 8.28% |
| Heber, UT (FHA|USDA|VA) | 18 | $19,010,000 | $1,056,111 | $17,448 | 7.75% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 55 | $18,885,000 | $343,364 | $10,355 | 7.63% |
| WENATCHEE, WA (FHA|USDA|VA) | 30 | $18,790,000 | $626,333 | $11,545 | 6.90% |
| GREELEY, CO (FHA|USDA|VA) | 2 | $17,070,000 | $8,535,000 | $0 | 6.60% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 56 | $16,820,000 | $300,357 | $10,077 | 7.72% |
| CASPER, WY (FHA|USDA|VA) | 76 | $15,120,000 | $198,947 | $5,401 | 7.64% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 48 | $15,010,000 | $312,708 | $6,044 | 7.45% |
| LOGAN, UT-ID (FHA|USDA|VA) | 42 | $13,820,000 | $329,048 | $9,656 | 7.48% |
| Durango, CO (FHA|USDA|VA) | 39 | $10,745,000 | $275,513 | $5,190 | 8.02% |
| Butte-Silver Bow, MT (FHA|USDA|VA) | 66 | $10,480,000 | $158,788 | $6,479 | 7.83% |
| Sheridan, WY (FHA|USDA|VA) | 33 | $10,085,000 | $305,606 | $8,293 | 7.05% |
| Evanston, WY (FHA|USDA|VA) | 44 | $10,070,000 | $228,864 | $5,378 | 6.74% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 19 | $9,535,000 | $501,842 | $6,654 | 8.22% |
| CARSON CITY, NV (FHA|USDA|VA) | 6 | $9,230,000 | $1,538,333 | $0 | 8.09% |
| RENO, NV (FHA|USDA|VA) | 33 | $8,385,000 | $254,091 | $12,243 | 8.30% |
| Blackfoot, ID (FHA|USDA|VA) | 27 | $7,535,000 | $279,074 | $8,639 | 6.97% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 16 | $6,820,000 | $426,250 | $3,423 | 8.03% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $4,405,000 | $4,405,000 | $0 | 6.08% |
| Hailey, ID (FHA|USDA|VA) | 26 | $4,340,000 | $166,923 | $12,332 | 8.76% |
| Rexburg, ID (FHA|USDA|VA) | 10 | $4,070,000 | $407,000 | $7,282 | 6.95% |
| YUMA, AZ (FHA|USDA|VA) | 18 | $3,860,000 | $214,444 | $5,459 | 8.30% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 7 | $3,705,000 | $529,286 | $8,292 | 7.91% |
| PUEBLO, CO (FHA|USDA|VA) | 19 | $3,555,000 | $187,105 | $3,571 | 7.18% |
| Rock Springs, WY (FHA|USDA|VA) | 13 | $2,905,000 | $223,462 | $7,958 | 7.99% |
| Jackson, WY-ID (FHA|USDA|VA) | 3 | $2,545,000 | $848,333 | $13,471 | 7.33% |
| Cañon City, CO (FHA|USDA|VA) | 14 | $1,950,000 | $139,286 | $0 | 8.16% |
| CHEYENNE, WY (FHA|USDA|VA) | 6 | $1,900,000 | $316,667 | $6,380 | 7.78% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 3 | $1,835,000 | $611,667 | $12,029 | 6.50% |
| Laramie, WY (FHA|USDA|VA) | 6 | $1,420,000 | $236,667 | $0 | 7.42% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 3 | $1,095,000 | $365,000 | $9,085 | 7.38% |
| Gillette, WY (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $10,346 | 8.16% |
| Steamboat Springs, CO (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $0 | 8.52% |
| Show Low, AZ (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $0 | 7.35% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $11,343 | 6.38% |
| Montrose, CO (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $2,540 | 8.06% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 4 | $540,000 | $135,000 | $0 | 9.18% |
| Craig, CO (FHA|USDA|VA) | 5 | $505,000 | $101,000 | $0 | 8.34% |
| Pullman, WA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $6,425 | 6.88% |
| FORT COLLINS, CO (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 9.83% |
| TWIN FALLS, ID (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $3,908 | 7.46% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $5,134 | 6.00% |
| Newport, OR (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $10,381 | 6.50% |
| Riverton, WY (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,774 | 7.61% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 6.35% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 6.35% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,545 | 7.25% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 6.35% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 6.35% |
| Scottsbluff, NE (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,737 | 6.75% |
| Vernal, UT (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 6.65% |
| Payson, AZ (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,708 | 6.88% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 6.35% |
| FLINT, MI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 6.35% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,162 | 7.25% |
| Price, UT (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 7.13% |
| Fernley, NV (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 8.50% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 8.80% |
Similar Lenders
We use machine learning to identify the top lenders compared against Glacier Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2023, Glacier Bank's most frequently originated type of loan was Conventional, with 1,977 originations. Their 2nd most popular type was HELOC, with 1,699 originations.
Loan Reason
For 2023, Glacier Bank's most frequently cited loan purpose was Home Purchase, with 2,166 originations. The 2nd most popular reason was Home Improvement, with 863 originations.
Loan Duration/Length
For 2023, Glacier Bank's most frequently cited loan duration was 30 Year, with 1,738 originations. The 2nd most popular length was 15 Year, with 1,726 originations.
Origination Fees/Closing Costs
Glacier Bank's average total fees were $9,039, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 698 originations.
Interest Rates
During 2023, Glacier Bank's average interest rate for loans was 6.69%, while their most frequently originated rate bucket for loans was Over 8%, with 1,700 originations.
Loan Sizing
2023 saw Glacier Bank place emphasis on $200k-400k loans with 1,186 originations, totaling $343,850,000 in origination value.
Applicant Income
Glacier Bank lent most frequently to those with incomes in the $100k-150k range, with 836 originations. The second most popular income band? $150k-250k, with 625 originations.
Applicant Debt to Income Ratio
Glacier Bank lent most frequently to those with DTI ratios of 20-30%, with 668 originations. The next most common DTI ratio? 30-36%, with 648 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.19%
Glacier Bank has a below average approval rate.
Pick Rate
Approvals leading to origination59.63%
Glacier Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 100.0 | 3 | $45,000 | $15,000 |
| NA | 3,871 | $1,381,665,000 | $356,927 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3,874 | $1,381,710,000 | $356,662 |