Glacier Bank Mortgage Rates, Fees & Info

Kalispell, MT

LEI: 549300ESRQ6OLBB56N04

Tax ID: 81-0251125

4.2 stars - Updated: 9/18/23 - out of 5 stars, based on 85 reviews

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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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, Spokane, and Sandpoint among others. We have data for 82 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 an average 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 about average 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.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 6.27% 9/18/23
30 Year Conventional Purchase 6.50% 9/18/23
30 Year Conventional Refi 6.35% 9/18/23
30 Year Cash-out Refi 6.58% 9/18/23
30 Year FHA Purchase 7.22% 9/18/23
30 Year FHA Refi 6.27% 9/18/23
30 Year VA Purchase 6.06% 9/18/23
30 Year VA Refi 5.78% 9/18/23
30 Year USDA Purchase 6.47% 9/18/23
15 Year Conventional Purchase 6.19% 9/18/23
15 Year Conventional Refi 5.98% 9/18/23
15 Year Cash-out Refi 5.98% 9/18/23
15 Year VA Purchase 5.67% 9/18/23
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

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Glacier Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

7,180

Origination Dollar Volume (All Markets)

$2,779,390,000
Show all (8) awards

Relative Rate

Glacier Bank's average 30 year fixed mortgage rate was 4.54%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of -0.22%.

Relative Fees (Closing Costs)

Glacier Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $7,946.

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 $4,750.

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 1,539 $436,565,000 $283,668 $6,687 5.07%
Kalispell, MT (FHA|USDA|VA) 662 $297,240,000 $449,003 $6,494 4.93%
Bozeman, MT (FHA|USDA|VA) 437 $246,695,000 $564,519 $12,050 5.07%
Outside of Metro Areas 531 $205,745,000 $387,467 $10,168 4.78%
MISSOULA, MT (FHA|USDA|VA) 398 $125,400,000 $315,075 $7,399 4.98%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 249 $114,755,000 $460,863 $8,498 4.78%
Sandpoint, ID (FHA|USDA|VA) 242 $112,830,000 $466,240 $13,700 5.02%
BILLINGS, MT (FHA|USDA|VA) 344 $98,210,000 $285,494 $7,320 5.05%
PROVO-OREM, UT (FHA|USDA|VA) 184 $92,270,000 $501,467 $5,896 4.95%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 55 $88,315,000 $1,605,727 $6,165 4.72%
Helena, MT (FHA|USDA|VA) 342 $79,370,000 $232,076 $6,033 5.35%
SALT LAKE CITY, UT (FHA|USDA|VA) 89 $59,865,000 $672,640 $6,802 4.92%
BOISE CITY, ID (FHA|USDA|VA) 205 $58,555,000 $285,634 $8,014 5.17%
POCATELLO, ID (FHA|USDA|VA) 232 $57,530,000 $247,974 $6,164 5.10%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 136 $55,080,000 $405,000 $8,628 5.00%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 54 $45,810,000 $848,333 $7,559 4.89%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 131 $43,165,000 $329,504 $7,469 4.76%
WENATCHEE, WA (FHA|USDA|VA) 71 $42,035,000 $592,042 $9,579 4.47%
Heber, UT (FHA|USDA|VA) 50 $40,260,000 $805,200 $18,116 4.91%
Hailey, ID (FHA|USDA|VA) 57 $36,525,000 $640,789 $12,424 5.28%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 93 $36,235,000 $389,624 $8,488 5.21%
RENO, NV (FHA|USDA|VA) 69 $35,375,000 $512,681 $10,004 5.26%
ST. GEORGE, UT (FHA|USDA|VA) 57 $27,555,000 $483,421 $5,862 4.83%
GRAND JUNCTION, CO (FHA|USDA|VA) 47 $25,815,000 $549,255 $3,389 4.58%
LOGAN, UT-ID (FHA|USDA|VA) 69 $25,435,000 $368,623 $6,907 5.18%
CASPER, WY (FHA|USDA|VA) 105 $24,775,000 $235,952 $6,505 5.14%
Sheridan, WY (FHA|USDA|VA) 49 $24,775,000 $505,612 $6,486 5.07%
IDAHO FALLS, ID (FHA|USDA|VA) 61 $19,415,000 $318,279 $8,568 4.92%
Butte-Silver Bow, MT (FHA|USDA|VA) 98 $19,310,000 $197,041 $5,922 5.17%
TUCSON, AZ (FHA|USDA|VA) 13 $15,805,000 $1,215,769 $8,051 4.96%
Durango, CO (FHA|USDA|VA) 47 $14,215,000 $302,447 $5,960 4.81%
YUMA, AZ (FHA|USDA|VA) 38 $12,240,000 $322,105 $7,395 5.36%
Evanston, WY (FHA|USDA|VA) 61 $12,225,000 $200,410 $4,945 4.66%
Gillette, WY (FHA|USDA|VA) 5 $10,965,000 $2,193,000 $6,782 5.21%
PUEBLO, CO (FHA|USDA|VA) 31 $10,895,000 $351,452 $3,133 5.44%
Blackfoot, ID (FHA|USDA|VA) 30 $10,440,000 $348,000 $5,479 4.75%
Rexburg, ID (FHA|USDA|VA) 23 $9,915,000 $431,087 $7,104 5.23%
FLAGSTAFF, AZ (FHA|USDA|VA) 26 $9,710,000 $373,462 $6,663 4.92%
BOULDER, CO (FHA|USDA|VA) 2 $8,300,000 $4,150,000 $0 4.50%
COLORADO SPRINGS, CO (FHA|USDA|VA) 24 $8,110,000 $337,917 $0 4.40%
Rock Springs, WY (FHA|USDA|VA) 34 $6,630,000 $195,000 $5,228 4.25%
Jackson, WY-ID (FHA|USDA|VA) 9 $6,365,000 $707,222 $6,389 4.77%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 15 $5,735,000 $382,333 $6,926 3.91%
GREELEY, CO (FHA|USDA|VA) 7 $5,605,000 $800,714 $5,826 4.80%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 11 $5,165,000 $469,545 $9,518 4.41%
GREAT FALLS, MT (FHA|USDA|VA) 18 $5,010,000 $278,333 $6,361 5.07%
Craig, CO (FHA|USDA|VA) 7 $3,755,000 $536,429 $6,398 5.61%
CARSON CITY, NV (FHA|USDA|VA) 8 $3,600,000 $450,000 $5,770 4.82%
Steamboat Springs, CO (FHA|USDA|VA) 18 $3,160,000 $175,556 $3,477 4.97%
Cañon City, CO (FHA|USDA|VA) 13 $2,825,000 $217,308 $3,779 4.47%
Gardnerville Ranchos, NV (FHA|USDA|VA) 12 $2,770,000 $230,833 $11,942 5.94%
Fernley, NV (FHA|USDA|VA) 1 $2,405,000 $2,405,000 $0 3.85%
Vernal, UT (FHA|USDA|VA) 4 $2,230,000 $557,500 $3,914 4.59%
Laramie, WY (FHA|USDA|VA) 7 $2,195,000 $313,571 $9,923 5.45%
CHEYENNE, WY (FHA|USDA|VA) 3 $2,075,000 $691,667 $8,679 4.77%
TWIN FALLS, ID (FHA|USDA|VA) 3 $1,985,000 $661,667 $10,185 4.70%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $1,945,000 $1,945,000 $0 4.00%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 2 $1,900,000 $950,000 $0 4.00%
Burley, ID (FHA|USDA|VA) 4 $1,650,000 $412,500 $10,954 5.09%
Moscow, ID (FHA|USDA|VA) 3 $1,535,000 $511,667 $5,533 4.42%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 5 $1,305,000 $261,000 $0 4.84%
Elko, NV (FHA|USDA|VA) 1 $1,125,000 $1,125,000 $0 6.23%
RAPID CITY, SD (FHA|USDA|VA) 1 $1,115,000 $1,115,000 $0 6.67%
LEWISTON, ID-WA (FHA|USDA|VA) 3 $965,000 $321,667 $5,367 5.88%
Glenwood Springs, CO (FHA|USDA|VA) 1 $875,000 $875,000 $0 4.75%
Cedar City, UT (FHA|USDA|VA) 2 $760,000 $380,000 $4,625 5.75%
Moses Lake, WA (FHA|USDA|VA) 4 $720,000 $180,000 $6,037 5.53%
Ellensburg, WA (FHA|USDA|VA) 1 $625,000 $625,000 $12,211 3.63%
Show Low, AZ (FHA|USDA|VA) 4 $600,000 $150,000 $3,746 4.13%
Edwards, CO (FHA|USDA|VA) 2 $560,000 $280,000 $0 5.00%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $515,000 $515,000 $0 4.00%
Mountain Home, ID (FHA|USDA|VA) 2 $500,000 $250,000 $0 5.85%
Montrose, CO (FHA|USDA|VA) 1 $485,000 $485,000 $2,232 4.88%
WALLA WALLA, WA (FHA|USDA|VA) 1 $485,000 $485,000 $0 4.00%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 2 $470,000 $235,000 $7,273 4.44%
Price, UT (FHA|USDA|VA) 3 $415,000 $138,333 $0 6.46%
FARMINGTON, NM (FHA|USDA|VA) 2 $410,000 $205,000 $0 5.70%
Pullman, WA (FHA|USDA|VA) 2 $340,000 $170,000 $5,355 4.44%
Winnemucca, NV (FHA|USDA|VA) 1 $325,000 $325,000 $6,958 4.00%
Riverton, WY (FHA|USDA|VA) 2 $280,000 $140,000 $0 5.91%
Scottsbluff, NE (FHA|USDA|VA) 2 $160,000 $80,000 $0 7.05%
LONGVIEW, WA (FHA|USDA|VA) 1 $85,000 $85,000 $0 7.90%
Glacier Bank's top markets include Kalispell, Bozeman, Missoula, Spokane, and Sandpoint among others.

Their top states include:
  • Montana (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • Utah (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Wyoming (FHA|USDA|VA)
  • 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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,791 $2,083,615,000 $549,621 $7,530 4.59%
    HELOC 3,140 $619,100,000 $197,166 n/a 5.54%
    FHA 125 $34,365,000 $274,920 $10,999 4.74%
    VA 94 $36,170,000 $384,787 $10,751 4.31%
    USDA 30 $6,140,000 $204,667 $7,110 4.37%

    For 2022, Glacier Bank's most frequently originated type of loan was Conventional, with 3,791 originations. Their 2nd most popular type was HELOC, with 3,140 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,372 $1,790,310,000 $530,934 $8,552 4.83%
    Home Improvement 1,439 $218,325,000 $151,720 $5,325 5.58%
    Refi 1,019 $420,555,000 $412,713 $5,197 4.85%
    Other 783 $150,455,000 $192,152 $6,219 5.48%
    Cash Out Refi 567 $199,745,000 $352,284 $6,326 4.11%

    For 2022, Glacier Bank's most frequently cited loan purpose was Home Purchase, with 3,372 originations. The 2nd most popular reason was Home Improvement, with 1,439 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 3,332 $656,050,000 $196,894 $4,939 5.41%
    30 Year 3,080 $1,399,970,000 $454,536 $7,946 4.54%
    10 Year 316 $310,450,000 $982,437 $873 5.10%
    Other 151 $247,145,000 $1,636,722 $39,165 5.07%
    5 Year 109 $77,585,000 $711,789 $0 5.29%
    20 Year 68 $17,410,000 $256,029 $6,304 4.83%
    30+ year 59 $26,485,000 $448,898 $12,175 4.44%
    1 Year 44 $23,090,000 $524,773 $0 5.58%
    3 Year 21 $21,205,000 $1,009,762 $0 5.22%

    For 2022, Glacier Bank's most frequently cited loan duration was 15 Year, with 3,332 originations. The 2nd most popular length was 30 Year, with 3,080 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 994 $680,530,000 $684,638
    $2k-3k 503 $152,755,000 $303,688
    $3k-4k 481 $154,315,000 $320,821
    $<1k 450 $171,470,000 $381,044
    $1k-2k 426 $130,010,000 $305,188
    $4k-5k 365 $142,285,000 $389,822

    Glacier Bank's average total fees were $7,946, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 994 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 2,224 $893,360,000 $401,691
    5-6% 1,696 $558,070,000 $329,051
    3-4% 1,524 $863,420,000 $566,549
    6-7% 895 $266,615,000 $297,894
    7-8% 403 $73,485,000 $182,345
    2.5-3% 208 $82,330,000 $395,817
    Over 8% 148 $13,370,000 $90,338
    <2.5% 80 $18,950,000 $236,875

    During 2022, Glacier Bank's average interest rate for loans was 4.54%, while their most frequently originated rate bucket for loans was 4-5%, with 2,224 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,266 $650,430,000 $287,039 $6,524 4.84%
    $100k-200k 1,507 $214,245,000 $142,167 $4,365 5.14%
    $100,000 or less 1,373 $75,375,000 $54,898 $1,973 5.69%
    $400k-600k 1,078 $513,780,000 $476,605 $8,377 4.66%
    $600k-1MM 576 $422,010,000 $732,656 $10,661 4.55%
    $1MM+ 380 $903,550,000 $2,377,763 $19,982 4.59%

    2022 saw Glacier Bank place emphasis on $200k-400k loans with 2,266 originations, totaling $650,430,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,472 $415,030,000 $281,950 $7,410 5.05%
    $150k-250k 1,159 $434,535,000 $374,922 $8,909 5.06%
    $50k-75k 1,112 $206,160,000 $185,396 $5,822 5.03%
    $75k-100k 1,003 $236,705,000 $235,997 $7,052 5.10%
    $250k+ 973 $663,265,000 $681,670 $12,932 4.86%
    $50k or less 636 $87,380,000 $137,390 $4,412 4.97%

    Glacier Bank lent most frequently to those with incomes in the $100k-150k range, with 1,472 originations. The second most popular income band? $150k-250k, with 1,159 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,509 $439,175,000 $291,037 $7,049 4.90%
    30-36% 1,275 $386,815,000 $303,384 $7,751 5.03%
    <20% 883 $275,505,000 $312,010 $7,375 4.96%
    42% 556 $185,290,000 $333,255 $9,055 5.29%
    41% 319 $110,655,000 $346,881 $8,614 4.99%
    39% 301 $100,595,000 $334,203 $8,338 5.04%
    40% 281 $91,175,000 $324,466 $8,475 5.20%
    38% 274 $87,350,000 $318,796 $7,761 5.17%
    37% 230 $81,400,000 $353,913 $7,880 5.05%
    36% 206 $83,990,000 $407,718 $9,657 4.89%
    43% 137 $43,455,000 $317,190 $6,500 4.78%
    44% 118 $46,410,000 $393,305 $7,172 4.69%
    45% 83 $30,745,000 $370,422 $7,037 4.74%
    49% 80 $26,820,000 $335,250 $7,649 4.66%
    48% 71 $23,175,000 $326,408 $7,297 4.87%
    46% 68 $24,080,000 $354,118 $6,970 4.74%
    47% 67 $22,625,000 $337,687 $7,127 4.61%
    50-60% 42 $15,000,000 $357,143 $11,191 4.86%
    >60% 9 $3,245,000 $360,556 $4,581 5.97%

    Glacier Bank lent most frequently to those with DTI ratios of 20-30%, with 1,509 originations. The next most common DTI ratio? 30-36%, with 1,275 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,892 $1,846,270,000 $313,352 $7,687 5.00%
    Not applicable 490 $645,650,000 $1,317,653 $0 5.00%
    Not provided 649 $235,855,000 $363,413 $8,037 4.90%
    Asian 53 $20,285,000 $382,736 $8,568 5.30%
    Black 27 $12,355,000 $457,593 $14,415 5.43%
    American Indian 47 $11,775,000 $250,532 $7,353 5.36%
    Native Hawaiian or Islander 7 $2,955,000 $422,143 $14,143 4.79%
    Asian Indian 5 $2,195,000 $439,000 $13,564 4.74%
    Other Asian 2 $880,000 $440,000 $0 3.33%
    Filipino 1 $235,000 $235,000 $7,173 5.00%
    Chinese 1 $215,000 $215,000 $0 6.13%
    Samoan 1 $205,000 $205,000 $0 7.85%
    Other Pacific Islander 1 $175,000 $175,000 $0 5.05%
    Native Hawaiian 2 $140,000 $70,000 $0 5.65%
    Korean 1 $105,000 $105,000 $0 5.50%
    Japanese 1 $95,000 $95,000 $0 5.05%

    Approval Rates

    Total approvals of all applications
    87.10%

    Glacier Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    72.41%

    Glacier Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $15,000 $15,000
    100.0 8 $340,000 $42,500
    NA 7,171 $2,779,035,000 $387,538

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    7,180 $2,779,390,000 $387,102

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1,508 $385,360,000 $255,544 $5,807 5.16%
    40-60% 1,224 $682,800,000 $557,843 $7,336 4.69%
    60-80% 2,036 $1,215,290,000 $596,901 $8,901 4.75%
    80-100% 800 $337,140,000 $421,425 $7,877 4.74%
    Over 100% 19 $7,225,000 $380,263 $18,385 4.52%
    Under 20% 1,593 $151,575,000 $95,151 $2,416 5.55%