Morgan Stanley Private Bank Mortgage Rates, Fees & Info

New York, NY

LEI: 549300GS0W0TEUQS8571

Tax ID: 22-3458456

5 stars - out of 5 stars, based on 115 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Morgan Stanley Private Bank is a large bank specializing in Home Purchase, Refi, and Other loans. Morgan Stanley Private Bank has a high proportion of conventional loans. Their top markets include New York, Los Angeles, San Francisco, Miami, and Boston among others. Morgan Stanley Private Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Morgan Stanley Private Bank is typically an average fee lendor.


Originations

13,271

Origination Dollar Volume (All Markets)

$15,857,025,000

Employee count

964 Show all (122) awards

Relative Rate

Morgan Stanley Private Bank's average 30 year fixed rate mortgage of loans were 2.69%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.46%.

Relative Fees

Morgan Stanley Private Bank's average total fees for a 30 year fixed rate mortgage are $5,735.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1,757 $2,305,705,000 $1,312,297 $6,911 2.67%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1,237 $2,037,465,000 $1,647,102 $5,777 2.70%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 850 $1,171,670,000 $1,378,435 $4,646 2.75%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 674 $995,640,000 $1,477,211 $8,890 2.63%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 399 $429,395,000 $1,076,178 $5,016 2.69%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 299 $406,325,000 $1,358,946 $4,492 2.71%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 288 $403,030,000 $1,399,410 $6,658 2.65%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 399 $388,765,000 $974,348 $4,833 2.72%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 333 $379,665,000 $1,140,135 $4,568 2.71%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 290 $370,080,000 $1,276,138 $5,129 2.73%
Outside of Metro Areas 286 $324,820,000 $1,135,734 $5,914 2.67%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 289 $315,215,000 $1,090,709 $5,255 2.71%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 350 $295,240,000 $843,543 $4,684 2.72%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 294 $238,940,000 $812,721 $4,417 2.74%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 203 $231,735,000 $1,141,552 $8,278 2.73%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 191 $206,075,000 $1,078,927 $4,305 2.65%
Heber, UT (FHA|USDA|VA) 104 $179,610,000 $1,727,019 $5,777 2.62%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 111 $178,745,000 $1,610,315 $6,898 2.65%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 149 $175,825,000 $1,180,034 $6,749 2.62%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 169 $172,565,000 $1,021,095 $8,299 2.69%
Glenwood Springs, CO (FHA|USDA|VA) 38 $160,110,000 $4,213,421 $10,502 2.60%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 121 $157,665,000 $1,303,017 $10,405 2.63%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 125 $143,685,000 $1,149,480 $5,055 2.67%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 116 $138,200,000 $1,191,379 $5,423 2.64%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 74 $136,010,000 $1,837,973 $5,360 2.66%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 155 $132,155,000 $852,613 $6,551 2.67%
Edwards, CO (FHA|USDA|VA) 51 $100,865,000 $1,977,745 $6,446 2.59%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 58 $99,520,000 $1,715,862 $5,890 2.67%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 112 $99,120,000 $885,000 $4,689 2.76%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 83 $92,845,000 $1,118,614 $4,834 2.66%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 77 $88,115,000 $1,144,351 $4,956 2.64%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 79 $85,705,000 $1,084,873 $4,592 2.71%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 82 $84,560,000 $1,031,220 $4,167 2.73%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 92 $82,870,000 $900,761 $5,857 2.76%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 82 $78,670,000 $959,390 $4,295 2.73%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 58 $77,540,000 $1,336,897 $7,820 2.58%
SALINAS, CA (FHA|USDA|VA) 47 $76,175,000 $1,620,745 $5,344 2.65%
Jackson, WY-ID (FHA|USDA|VA) 29 $75,775,000 $2,612,931 $8,594 2.62%
JACKSONVILLE, FL (FHA|USDA|VA) 79 $74,515,000 $943,228 $6,070 2.71%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 73 $73,365,000 $1,005,000 $5,212 2.73%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 72 $70,790,000 $983,194 $4,634 2.67%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 79 $69,905,000 $884,873 $5,687 2.73%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 77 $65,165,000 $846,299 $4,413 2.80%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 85 $63,495,000 $747,000 $3,907 2.78%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 83 $63,225,000 $761,747 $3,869 2.83%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 38 $62,540,000 $1,645,789 $6,051 2.69%
OCEAN CITY, NJ (FHA|USDA|VA) 46 $54,810,000 $1,191,522 $6,264 2.64%
SALT LAKE CITY, UT (FHA|USDA|VA) 54 $52,970,000 $980,926 $4,598 2.63%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 51 $51,285,000 $1,005,588 $3,980 2.79%
RENO, NV (FHA|USDA|VA) 45 $49,865,000 $1,108,111 $4,596 2.69%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 50 $48,730,000 $974,600 $4,942 2.68%
Bozeman, MT (FHA|USDA|VA) 31 $46,235,000 $1,491,452 $5,827 2.80%
SALISBURY, MD-DE (FHA|USDA|VA) 47 $42,525,000 $904,787 $5,660 2.73%
BOULDER, CO (FHA|USDA|VA) 42 $41,830,000 $995,952 $4,724 2.71%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 43 $40,475,000 $941,279 $5,419 2.77%
Hilo, HI (FHA|USDA|VA) 19 $39,535,000 $2,080,789 $7,117 2.55%
URBAN HONOLULU, HI (FHA|USDA|VA) 32 $39,300,000 $1,228,125 $5,760 2.68%
Breckenridge, CO (FHA|USDA|VA) 25 $37,355,000 $1,494,200 $4,882 2.66%
PORT ST. LUCIE, FL (FHA|USDA|VA) 32 $35,490,000 $1,109,063 $7,391 2.61%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 44 $35,240,000 $800,909 $4,503 2.75%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 51 $34,075,000 $668,137 $2,967 2.85%
ANN ARBOR, MI (FHA|USDA|VA) 12 $33,620,000 $2,801,667 $4,297 2.58%
Hailey, ID (FHA|USDA|VA) 21 $32,575,000 $1,551,190 $7,869 2.57%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 34 $29,470,000 $866,765 $4,025 2.71%
Key West, FL (FHA|USDA|VA) 25 $28,975,000 $1,159,000 $7,244 2.68%
NAPA, CA (FHA|USDA|VA) 26 $28,830,000 $1,108,846 $4,488 2.82%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 25 $26,055,000 $1,042,200 $7,954 2.63%
Vineyard Haven, MA (FHA|USDA|VA) 24 $25,680,000 $1,070,000 $5,409 2.69%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 35 $25,385,000 $725,286 $3,323 2.74%
ASHEVILLE, NC (FHA|USDA|VA) 30 $24,700,000 $823,333 $4,173 2.73%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 33 $24,345,000 $737,727 $4,339 2.67%
RALEIGH-CARY, NC (FHA|USDA|VA) 34 $23,590,000 $693,824 $3,600 2.81%
ST. LOUIS, MO-IL (FHA|USDA|VA) 30 $22,240,000 $741,333 $3,476 2.69%
PITTSBURGH, PA (FHA|USDA|VA) 27 $21,895,000 $810,926 $6,331 2.69%
Gardnerville Ranchos, NV (FHA|USDA|VA) 14 $21,210,000 $1,515,000 $6,172 2.60%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 26 $21,150,000 $813,462 $6,691 2.74%
COLUMBUS, OH (FHA|USDA|VA) 27 $21,085,000 $780,926 $4,226 2.77%
SANTA FE, NM (FHA|USDA|VA) 23 $20,965,000 $911,522 $5,327 2.73%
Kapaa, HI (FHA|USDA|VA) 14 $18,880,000 $1,348,571 $6,677 2.61%
BEND, OR (FHA|USDA|VA) 20 $18,370,000 $918,500 $5,119 2.64%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 26 $18,270,000 $702,692 $4,342 2.84%
Outside of Metro Areas 11 $17,815,000 $1,619,545 $8,734 2.64%
Easton, MD (FHA|USDA|VA) 19 $17,195,000 $905,000 $4,711 2.81%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 14 $17,190,000 $1,227,857 $5,632 2.60%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 19 $17,045,000 $897,105 $5,651 2.68%
RICHMOND, VA (FHA|USDA|VA) 26 $16,530,000 $635,769 $3,978 2.72%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 20 $15,760,000 $788,000 $4,130 2.72%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 12 $15,460,000 $1,288,333 $6,863 2.62%
FORT COLLINS, CO (FHA|USDA|VA) 20 $15,300,000 $765,000 $4,123 2.71%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 13 $15,215,000 $1,170,385 $4,856 2.61%
TUCSON, AZ (FHA|USDA|VA) 22 $15,050,000 $684,091 $4,315 2.81%
WILMINGTON, NC (FHA|USDA|VA) 14 $14,760,000 $1,054,286 $4,308 2.70%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 24 $14,590,000 $607,917 $3,007 2.69%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 22 $14,360,000 $652,727 $3,986 2.80%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 26 $14,320,000 $550,769 $3,991 2.91%
PUNTA GORDA, FL (FHA|USDA|VA) 19 $14,085,000 $741,316 $5,549 2.76%
KNOXVILLE, TN (FHA|USDA|VA) 18 $13,910,000 $772,778 $4,577 2.78%
BRUNSWICK, GA (FHA|USDA|VA) 17 $13,765,000 $809,706 $4,561 2.72%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 18 $13,680,000 $760,000 $4,108 2.82%
Truckee-Grass Valley, CA (FHA|USDA|VA) 16 $13,670,000 $854,375 $4,888 2.63%
Cullowhee, NC (FHA|USDA|VA) 15 $13,475,000 $898,333 $4,581 2.58%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 17 $13,285,000 $781,471 $4,017 2.67%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 14 $13,260,000 $947,143 $4,260 2.68%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 16 $12,830,000 $801,875 $6,013 2.65%
KANSAS CITY, MO-KS (FHA|USDA|VA) 20 $12,770,000 $638,500 $2,541 2.98%
BOISE CITY, ID (FHA|USDA|VA) 19 $12,485,000 $657,105 $4,762 2.68%
Torrington, CT (FHA|USDA|VA) 17 $12,485,000 $734,412 $4,261 2.76%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 15 $12,405,000 $827,000 $3,484 2.71%
Lebanon, NH-VT (FHA|USDA|VA) 12 $11,500,000 $958,333 $4,978 2.79%
Durango, CO (FHA|USDA|VA) 11 $10,555,000 $959,545 $4,760 2.44%
Kalispell, MT (FHA|USDA|VA) 9 $10,325,000 $1,147,222 $6,234 2.64%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 12 $10,240,000 $853,333 $4,072 2.99%
FLAGSTAFF, AZ (FHA|USDA|VA) 12 $10,220,000 $851,667 $4,433 2.81%
HUNTSVILLE, AL (FHA|USDA|VA) 14 $10,050,000 $717,857 $3,966 2.74%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 23 $9,995,000 $434,565 $3,858 2.94%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 14 $9,440,000 $674,286 $3,618 2.82%
PITTSFIELD, MA (FHA|USDA|VA) 13 $9,435,000 $725,769 $5,319 2.97%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 12 $9,280,000 $773,333 $5,388 2.60%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 13 $9,095,000 $699,615 $6,042 2.73%
BATON ROUGE, LA (FHA|USDA|VA) 10 $9,070,000 $907,000 $5,000 2.84%
COLORADO SPRINGS, CO (FHA|USDA|VA) 9 $8,805,000 $978,333 $3,354 2.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 10 $8,770,000 $877,000 $4,098 2.69%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 14 $8,730,000 $623,571 $5,237 2.81%
Traverse City, MI (FHA|USDA|VA) 8 $8,660,000 $1,082,500 $4,832 2.57%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 7 $7,785,000 $1,112,143 $5,747 2.52%
MONTGOMERY, AL (FHA|USDA|VA) 9 $7,755,000 $861,667 $3,711 2.58%
Steamboat Springs, CO (FHA|USDA|VA) 7 $7,635,000 $1,090,714 $4,362 2.63%
ALBUQUERQUE, NM (FHA|USDA|VA) 14 $7,460,000 $532,857 $4,569 2.93%
Boone, NC (FHA|USDA|VA) 10 $7,460,000 $746,000 $3,827 2.58%
Whitewater, WI (FHA|USDA|VA) 10 $7,150,000 $715,000 $3,046 2.71%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 11 $6,995,000 $635,909 $6,078 2.65%
ST. GEORGE, UT (FHA|USDA|VA) 8 $6,870,000 $858,750 $3,777 2.81%
ROCHESTER, NY (FHA|USDA|VA) 8 $6,710,000 $838,750 $5,471 2.67%
MADISON, WI (FHA|USDA|VA) 11 $6,685,000 $607,727 $3,156 2.62%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 8 $6,630,000 $828,750 $3,711 2.74%
WENATCHEE, WA (FHA|USDA|VA) 7 $6,615,000 $945,000 $4,332 2.61%
ROANOKE, VA (FHA|USDA|VA) 6 $6,560,000 $1,093,333 $4,520 2.70%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $6,420,000 $1,605,000 $9,334 2.57%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 8 $6,380,000 $797,500 $4,815 2.92%
KINGSTON, NY (FHA|USDA|VA) 9 $6,205,000 $689,444 $5,231 2.78%
Astoria, OR (FHA|USDA|VA) 5 $6,145,000 $1,229,000 $6,090 2.70%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 10 $6,130,000 $613,000 $3,441 2.70%
NILES, MI (FHA|USDA|VA) 7 $6,095,000 $870,714 $4,875 2.49%
Kill Devil Hills, NC (FHA|USDA|VA) 11 $6,045,000 $549,545 $4,473 2.92%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 9 $6,005,000 $667,222 $3,004 2.65%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 6 $5,920,000 $986,667 $4,368 2.49%
CORPUS CHRISTI, TX (FHA|USDA|VA) 7 $5,635,000 $805,000 $7,653 2.82%
FRESNO, CA (FHA|USDA|VA) 7 $5,565,000 $795,000 $3,942 2.76%
MIDLAND, TX (FHA|USDA|VA) 7 $5,555,000 $793,571 $7,694 2.80%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 8 $5,550,000 $693,750 $4,660 2.86%
WORCESTER, MA-CT (FHA|USDA|VA) 7 $5,345,000 $763,571 $4,627 2.96%
Alexander City, AL (FHA|USDA|VA) 6 $5,250,000 $875,000 $4,162 2.63%
Malone, NY (FHA|USDA|VA) 3 $5,135,000 $1,711,667 $8,688 2.40%
BELLINGHAM, WA (FHA|USDA|VA) 7 $5,005,000 $715,000 $3,622 2.64%
GLENS FALLS, NY (FHA|USDA|VA) 2 $4,980,000 $2,490,000 $8,050 2.53%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 7 $4,885,000 $697,857 $6,231 3.03%
OKLAHOMA CITY, OK (FHA|USDA|VA) 7 $4,825,000 $689,286 $4,350 2.75%
TULSA, OK (FHA|USDA|VA) 8 $4,760,000 $595,000 $4,480 2.79%
Laconia, NH (FHA|USDA|VA) 5 $4,615,000 $923,000 $4,368 2.75%
MISSOULA, MT (FHA|USDA|VA) 5 $4,315,000 $863,000 $5,295 2.49%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 6 $4,220,000 $703,333 $6,414 2.75%
GAINESVILLE, GA (FHA|USDA|VA) 7 $4,205,000 $600,714 $3,905 2.70%
SAVANNAH, GA (FHA|USDA|VA) 9 $4,035,000 $448,333 $3,731 3.36%
COLUMBIA, SC (FHA|USDA|VA) 5 $4,025,000 $805,000 $3,954 2.69%
PROVO-OREM, UT (FHA|USDA|VA) 5 $3,945,000 $789,000 $4,259 2.92%
LAFAYETTE, LA (FHA|USDA|VA) 5 $3,935,000 $787,000 $5,374 2.69%
WINSTON-SALEM, NC (FHA|USDA|VA) 7 $3,915,000 $559,286 $3,277 2.68%
Brainerd, MN (FHA|USDA|VA) 3 $3,905,000 $1,301,667 $4,469 2.92%
Kerrville, TX (FHA|USDA|VA) 6 $3,810,000 $635,000 $7,011 2.63%
Ellensburg, WA (FHA|USDA|VA) 5 $3,795,000 $759,000 $3,514 2.62%
GREEN BAY, WI (FHA|USDA|VA) 8 $3,770,000 $471,250 $2,646 3.13%
Rutland, VT (FHA|USDA|VA) 4 $3,760,000 $940,000 $5,911 2.58%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 6 $3,720,000 $620,000 $5,485 2.68%
VALLEJO, CA (FHA|USDA|VA) 5 $3,685,000 $737,000 $4,315 2.64%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 5 $3,675,000 $735,000 $4,066 2.81%
Bennington, VT (FHA|USDA|VA) 5 $3,645,000 $729,000 $5,946 2.57%
Hudson, NY (FHA|USDA|VA) 6 $3,610,000 $601,667 $5,625 2.72%
STOCKTON, CA (FHA|USDA|VA) 5 $3,585,000 $717,000 $3,302 2.82%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $3,515,000 $703,000 $4,268 2.75%
LANCASTER, PA (FHA|USDA|VA) 6 $3,480,000 $580,000 $5,882 2.90%
Brevard, NC (FHA|USDA|VA) 4 $3,320,000 $830,000 $5,096 2.84%
Payson, AZ (FHA|USDA|VA) 5 $3,305,000 $661,000 $4,576 2.52%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 4 $3,250,000 $812,500 $4,239 2.63%
LONGVIEW, TX (FHA|USDA|VA) 3 $3,245,000 $1,081,667 $5,966 2.68%
Concord, NH (FHA|USDA|VA) 4 $3,240,000 $810,000 $3,867 2.74%
GAINESVILLE, FL (FHA|USDA|VA) 5 $3,035,000 $607,000 $4,501 2.66%
Barre, VT (FHA|USDA|VA) 3 $3,025,000 $1,008,333 $5,949 2.55%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 4 $3,010,000 $752,500 $3,146 3.09%
TALLAHASSEE, FL (FHA|USDA|VA) 5 $2,995,000 $599,000 $5,071 2.78%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 4 $2,990,000 $747,500 $3,591 2.93%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 5 $2,965,000 $593,000 $3,498 2.57%
THE VILLAGES, FL (FHA|USDA|VA) 5 $2,965,000 $593,000 $3,802 2.57%
Show Low, AZ (FHA|USDA|VA) 5 $2,875,000 $575,000 $5,241 2.58%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 4 $2,820,000 $705,000 $4,236 2.94%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 5 $2,805,000 $561,000 $3,811 3.16%
SYRACUSE, NY (FHA|USDA|VA) 3 $2,775,000 $925,000 $5,059 2.35%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 5 $2,645,000 $529,000 $4,196 2.67%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 4 $2,630,000 $657,500 $3,451 2.72%
Sevierville, TN (FHA|USDA|VA) 4 $2,590,000 $647,500 $4,051 2.68%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $2,570,000 $1,285,000 $4,001 2.35%
AKRON, OH (FHA|USDA|VA) 5 $2,535,000 $507,000 $3,702 3.31%
Oak Harbor, WA (FHA|USDA|VA) 3 $2,535,000 $845,000 $3,982 2.68%
Ukiah, CA (FHA|USDA|VA) 3 $2,525,000 $841,667 $5,325 3.04%
REDDING, CA (FHA|USDA|VA) 5 $2,515,000 $503,000 $3,696 2.97%
JACKSON, MS (FHA|USDA|VA) 4 $2,500,000 $625,000 $4,480 2.75%
GREELEY, CO (FHA|USDA|VA) 4 $2,480,000 $620,000 $3,932 2.59%
Georgetown, SC (FHA|USDA|VA) 4 $2,460,000 $615,000 $3,532 2.93%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $2,305,000 $768,333 $5,158 2.67%
Holland, MI (FHA|USDA|VA) 2 $2,290,000 $1,145,000 $4,489 2.33%
LAKE CHARLES, LA (FHA|USDA|VA) 2 $2,270,000 $1,135,000 $5,975 2.30%
MUSKEGON, MI (FHA|USDA|VA) 4 $2,180,000 $545,000 $3,222 2.60%
WICHITA, KS (FHA|USDA|VA) 4 $2,110,000 $527,500 $3,285 2.56%
Somerset, PA (FHA|USDA|VA) 3 $2,055,000 $685,000 $6,454 2.42%
EL PASO, TX (FHA|USDA|VA) 2 $2,050,000 $1,025,000 $8,420 2.93%
TUSCALOOSA, AL (FHA|USDA|VA) 3 $2,035,000 $678,333 $2,453 2.64%
Morehead City, NC (FHA|USDA|VA) 2 $2,020,000 $1,010,000 $4,053 2.73%
SPRINGFIELD, MA (FHA|USDA|VA) 4 $1,960,000 $490,000 $3,190 3.14%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $1,930,000 $965,000 $7,806 2.55%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 4 $1,850,000 $462,500 $3,073 3.06%
TOLEDO, OH (FHA|USDA|VA) 2 $1,790,000 $895,000 $4,890 3.13%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 3 $1,765,000 $588,333 $5,813 2.48%
MEDFORD, OR (FHA|USDA|VA) 3 $1,765,000 $588,333 $4,731 3.01%
ANCHORAGE, AK (FHA|USDA|VA) 2 $1,760,000 $880,000 $5,884 2.93%
EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $1,725,000 $575,000 $6,052 3.05%
ITHACA, NY (FHA|USDA|VA) 3 $1,715,000 $571,667 $6,567 2.88%
Sonora, CA (FHA|USDA|VA) 2 $1,690,000 $845,000 $4,216 2.63%
Oxford, MS (FHA|USDA|VA) 2 $1,670,000 $835,000 $4,863 2.60%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 2 $1,670,000 $835,000 $4,782 2.65%
Newport, OR (FHA|USDA|VA) 2 $1,660,000 $830,000 $5,442 2.48%
Crossville, TN (FHA|USDA|VA) 3 $1,635,000 $545,000 $3,641 2.82%
ALBANY, GA (FHA|USDA|VA) 4 $1,580,000 $395,000 $3,405 2.82%
MADERA, CA (FHA|USDA|VA) 3 $1,555,000 $518,333 $3,472 3.18%
Pottsville, PA (FHA|USDA|VA) 3 $1,535,000 $511,667 $3,882 2.73%
SIOUX FALLS, SD (FHA|USDA|VA) 2 $1,520,000 $760,000 $3,475 2.43%
BLOOMINGTON, IN (FHA|USDA|VA) 2 $1,500,000 $750,000 $3,145 2.60%
Ruidoso, NM (FHA|USDA|VA) 2 $1,490,000 $745,000 $2,431 2.50%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $1,480,000 $740,000 $2,918 2.68%
LINCOLN, NE (FHA|USDA|VA) 2 $1,460,000 $730,000 $3,407 2.75%
Seneca, SC (FHA|USDA|VA) 2 $1,440,000 $720,000 $3,578 2.58%
MOBILE, AL (FHA|USDA|VA) 2 $1,440,000 $720,000 $2,654 2.63%
Eureka-Arcata, CA (FHA|USDA|VA) 3 $1,405,000 $468,333 $3,802 2.65%
COLUMBUS, GA-AL (FHA|USDA|VA) 3 $1,395,000 $465,000 $3,730 2.80%
Brenham, TX (FHA|USDA|VA) 1 $1,355,000 $1,355,000 $12,798 2.80%
Port Angeles, WA (FHA|USDA|VA) 4 $1,320,000 $330,000 $3,314 3.05%
Spirit Lake, IA (FHA|USDA|VA) 1 $1,315,000 $1,315,000 $6,245 2.60%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $1,295,000 $1,295,000 $11,461 2.55%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $1,295,000 $1,295,000 $3,037 2.60%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 2 $1,280,000 $640,000 $3,720 2.80%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $1,250,000 $625,000 $4,664 2.68%
BOWLING GREEN, KY (FHA|USDA|VA) 2 $1,230,000 $615,000 $3,248 2.63%
SHEBOYGAN, WI (FHA|USDA|VA) 3 $1,225,000 $408,333 $2,284 2.58%
HOT SPRINGS, AR (FHA|USDA|VA) 3 $1,215,000 $405,000 $3,155 2.93%
Grand Rapids, MN (FHA|USDA|VA) 2 $1,210,000 $605,000 $3,878 2.80%
TWIN FALLS, ID (FHA|USDA|VA) 1 $1,185,000 $1,185,000 $5,302 2.55%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $1,180,000 $590,000 $3,925 2.60%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $1,130,000 $565,000 $4,044 3.55%
PANAMA CITY, FL (FHA|USDA|VA) 3 $1,115,000 $371,667 $4,079 2.67%
Taos, NM (FHA|USDA|VA) 1 $1,075,000 $1,075,000 $23,643 2.50%
Arcadia, FL (FHA|USDA|VA) 1 $1,045,000 $1,045,000 $11,236 2.85%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $1,040,000 $520,000 $3,822 3.68%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $1,015,000 $1,015,000 $3,411 3.15%
Cambridge, MD (FHA|USDA|VA) 1 $1,015,000 $1,015,000 $7,627 2.60%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $11,039 2.90%
DALTON, GA (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $4,732 2.55%
WACO, TX (FHA|USDA|VA) 2 $1,000,000 $500,000 $5,574 2.50%
Marinette, WI-MI (FHA|USDA|VA) 2 $990,000 $495,000 $3,887 3.95%
Seneca Falls, NY (FHA|USDA|VA) 1 $975,000 $975,000 $4,207 2.60%
Clearlake, CA (FHA|USDA|VA) 1 $965,000 $965,000 $4,362 2.95%
DULUTH, MN-WI (FHA|USDA|VA) 1 $955,000 $955,000 $4,700 2.60%
SPRINGFIELD, MO (FHA|USDA|VA) 2 $920,000 $460,000 $3,471 2.68%
ERIE, PA (FHA|USDA|VA) 1 $905,000 $905,000 $10,059 2.45%
Eufaula, AL-GA (FHA|USDA|VA) 1 $905,000 $905,000 $5,092 2.60%
TYLER, TX (FHA|USDA|VA) 2 $870,000 $435,000 $5,519 2.70%
RAPID CITY, SD (FHA|USDA|VA) 2 $870,000 $435,000 $3,966 2.95%
ROCHESTER, MN (FHA|USDA|VA) 2 $860,000 $430,000 $2,882 3.20%
PEORIA, IL (FHA|USDA|VA) 2 $860,000 $430,000 $2,431 3.09%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $850,000 $425,000 $3,009 2.70%
Craig, CO (FHA|USDA|VA) 1 $845,000 $845,000 $3,997 2.60%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $825,000 $825,000 $5,386 3.05%
Hood River, OR (FHA|USDA|VA) 2 $820,000 $410,000 $4,728 3.48%
Athens, TX (FHA|USDA|VA) 1 $815,000 $815,000 $7,947 2.50%
APPLETON, WI (FHA|USDA|VA) 2 $780,000 $390,000 $2,983 3.48%
Rockport, TX (FHA|USDA|VA) 1 $775,000 $775,000 $5,349 2.90%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 3 $765,000 $255,000 $3,243 4.27%
HATTIESBURG, MS (FHA|USDA|VA) 1 $755,000 $755,000 $4,414 2.35%
UTICA-ROME, NY (FHA|USDA|VA) 1 $755,000 $755,000 $6,358 2.75%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $725,000 $725,000 $3,479 2.60%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $710,000 $355,000 $2,659 2.70%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $705,000 $705,000 $4,160 2.50%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $705,000 $705,000 $2,578 2.70%
Prineville, OR (FHA|USDA|VA) 1 $685,000 $685,000 $6,097 2.80%
Granbury, TX (FHA|USDA|VA) 1 $665,000 $665,000 $6,473 2.85%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $655,000 $655,000 $5,538 2.35%
Cornelia, GA (FHA|USDA|VA) 1 $635,000 $635,000 $4,496 2.55%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $635,000 $635,000 $4,393 3.00%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $625,000 $625,000 $3,921 2.30%
Crescent City, CA (FHA|USDA|VA) 1 $615,000 $615,000 $4,119 2.95%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $615,000 $615,000 $4,262 2.80%
Spearfish, SD (FHA|USDA|VA) 1 $615,000 $615,000 $3,728 2.65%
Palestine, TX (FHA|USDA|VA) 1 $605,000 $605,000 $7,052 2.25%
OCALA, FL (FHA|USDA|VA) 1 $605,000 $605,000 $5,691 2.40%
MORGANTOWN, WV (FHA|USDA|VA) 1 $605,000 $605,000 $4,192 2.45%
BILLINGS, MT (FHA|USDA|VA) 1 $605,000 $605,000 $4,076 2.40%
Fredericksburg, TX (FHA|USDA|VA) 1 $605,000 $605,000 $7,359 2.45%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $600,000 $300,000 $3,207 2.99%
GRANTS PASS, OR (FHA|USDA|VA) 1 $595,000 $595,000 $4,034 3.25%
Branson, MO (FHA|USDA|VA) 1 $565,000 $565,000 $2,245 2.70%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $555,000 $555,000 $4,808 2.88%
Warsaw, IN (FHA|USDA|VA) 1 $555,000 $555,000 $2,890 2.45%
Sheridan, WY (FHA|USDA|VA) 1 $555,000 $555,000 $3,827 2.25%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $545,000 $545,000 $3,044 3.10%
Mount Pleasant, TX (FHA|USDA|VA) 1 $545,000 $545,000 $4,977 2.65%
Olean, NY (FHA|USDA|VA) 1 $545,000 $545,000 $6,609 2.60%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $535,000 $535,000 $3,886 2.75%
Brookings, OR (FHA|USDA|VA) 1 $535,000 $535,000 $4,064 2.55%
Forest City, NC (FHA|USDA|VA) 1 $535,000 $535,000 $3,752 2.70%
Lewisburg, TN (FHA|USDA|VA) 1 $525,000 $525,000 $3,755 2.60%
STAUNTON, VA (FHA|USDA|VA) 1 $515,000 $515,000 $3,504 2.90%
Russellville, AR (FHA|USDA|VA) 1 $515,000 $515,000 $2,227 2.60%
SALEM, OR (FHA|USDA|VA) 1 $515,000 $515,000 $4,416 2.85%
CHEYENNE, WY (FHA|USDA|VA) 1 $515,000 $515,000 $3,612 2.50%
Corsicana, TX (FHA|USDA|VA) 1 $515,000 $515,000 $8,443 2.70%
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1 $515,000 $515,000 $3,932 2.70%
Shelton, WA (FHA|USDA|VA) 1 $515,000 $515,000 $3,601 2.55%
FLINT, MI (FHA|USDA|VA) 1 $515,000 $515,000 $3,485 2.60%
FOND DU LAC, WI (FHA|USDA|VA) 1 $515,000 $515,000 $3,736 2.85%
READING, PA (FHA|USDA|VA) 1 $515,000 $515,000 $5,442 2.55%
NEW BERN, NC (FHA|USDA|VA) 1 $515,000 $515,000 $3,634 2.60%
Gainesville, TX (FHA|USDA|VA) 1 $515,000 $515,000 $6,064 2.90%
Alexandria, MN (FHA|USDA|VA) 1 $515,000 $515,000 $3,851 2.65%
YAKIMA, WA (FHA|USDA|VA) 1 $515,000 $515,000 $3,137 2.60%
Jefferson, GA (FHA|USDA|VA) 1 $515,000 $515,000 $3,392 2.50%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $510,000 $255,000 $4,038 2.89%
VISALIA, CA (FHA|USDA|VA) 1 $505,000 $505,000 $3,676 2.60%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $480,000 $240,000 $4,365 3.93%
Fairfield, IA (FHA|USDA|VA) 1 $445,000 $445,000 $2,503 2.70%
Sandpoint, ID (FHA|USDA|VA) 1 $435,000 $435,000 $4,854 2.40%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $425,000 $425,000 $4,237 2.60%
Auburn, NY (FHA|USDA|VA) 1 $425,000 $425,000 $5,882 3.00%
Tifton, GA (FHA|USDA|VA) 1 $405,000 $405,000 $3,166 2.25%
Keene, NH (FHA|USDA|VA) 1 $365,000 $365,000 $3,514 2.75%
Opelousas, LA (FHA|USDA|VA) 1 $365,000 $365,000 $3,594 2.50%
Marquette, MI (FHA|USDA|VA) 1 $355,000 $355,000 $3,163 2.70%
Thomasville, GA (FHA|USDA|VA) 1 $355,000 $355,000 $3,006 2.25%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $355,000 $355,000 $3,282 2.63%
MANHATTAN, KS (FHA|USDA|VA) 1 $325,000 $325,000 $2,152 3.00%
Mason City, IA (FHA|USDA|VA) 1 $325,000 $325,000 $2,862 2.75%
RACINE, WI (FHA|USDA|VA) 1 $315,000 $315,000 $2,828 4.20%
Sault Ste. Marie, MI (FHA|USDA|VA) 1 $315,000 $315,000 $2,620 3.00%
AMARILLO, TX (FHA|USDA|VA) 1 $275,000 $275,000 $6,786 3.00%
Freeport, IL (FHA|USDA|VA) 1 $265,000 $265,000 $2,369 2.75%
Riverton, WY (FHA|USDA|VA) 1 $265,000 $265,000 $2,902 4.15%
Stillwater, OK (FHA|USDA|VA) 1 $255,000 $255,000 $3,241 2.88%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $215,000 $215,000 $3,398 3.25%
LAWTON, OK (FHA|USDA|VA) 1 $205,000 $205,000 $3,248 3.20%
ROCKFORD, IL (FHA|USDA|VA) 1 $205,000 $205,000 $2,605 2.95%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $195,000 $195,000 $2,184 3.00%
Maysville, KY (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.35%
Los Alamos, NM (FHA|USDA|VA) 1 $175,000 $175,000 $3,031 3.40%
Greenwood, SC (FHA|USDA|VA) 1 $105,000 $105,000 $2,423 3.75%

Morgan Stanley Private Bank's top markets include New York, Los Angeles, San Francisco, Miami, and Boston among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 13,271 $15,857,025,000 $1,194,863 $5,703 2.70%

For the 2021 period, Morgan Stanley Private Bank's most frequently originated loan type of loans were Conventional, with 13,271 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 4,748 $5,770,030,000 $1,215,255 $6,723 2.61%
Refi 3,358 $3,743,140,000 $1,114,693 $4,872 2.75%
Other 3,306 $4,141,610,000 $1,252,756 $5,469 2.63%
Cash Out Refi 1,738 $2,099,970,000 $1,208,268 $4,976 2.92%
Home Improvement 121 $102,275,000 $845,248 $5,493 3.29%

For the 2021, Morgan Stanley Private Bank's most frequently cited loan purpose of loans were Home Purchase, with 4,748 originations. The 2nd most popular reason of loans were Refi, with 3,358 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 12,795 $15,324,595,000 $1,197,702 $5,735 2.69%
15 Year 391 $306,725,000 $784,463 $4,655 2.62%
Other 78 $56,340,000 $722,308 $9,038 4.37%
3 Year 3 $73,195,000 $24,398,333 $0 2.07%
10 Year 2 $64,310,000 $32,155,000 $0 3.21%
5 Year 2 $31,860,000 $15,930,000 $0 2.80%

For the 2021, Morgan Stanley Private Bank's most frequently cited loan length of loans were 30 Year, with 12,795 originations. The 2nd most popular length of loans were 15 Year, with 391 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 13,172 $15,623,860,000 $1,186,142
$5k+ 8 $9,030,000 $1,128,750
$3k-4k 4 $4,200,000 $1,050,000
$1k-2k 2 $2,010,000 $1,005,000
$2k-3k 2 $610,000 $305,000

$5,735 of loans were Morgan Stanley Private Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 13,172 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 8,176 $8,663,480,000 $1,059,623
<2.5% 3,633 $6,033,755,000 $1,660,819
3-4% 1,270 $1,076,980,000 $848,016
4-5% 181 $73,905,000 $408,315
5-6% 8 $1,210,000 $151,250

During 2021, Morgan Stanley Private Bank's average interest rate of loans were 2.69%, while their most frequently originated rate bucket of loans were 2.5-3%, with 8,176 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$1MM+ 5,306 $10,720,860,000 $2,020,516 $7,565 2.61%
$600k-1MM 4,576 $3,508,960,000 $766,818 $4,785 2.71%
$400k-600k 2,719 $1,446,475,000 $531,988 $4,153 2.73%
$200k-400k 547 $162,705,000 $297,450 $3,474 3.14%
$100k-200k 107 $16,865,000 $157,617 $3,121 3.57%
$100,000 or less 16 $1,160,000 $72,500 $2,762 4.50%

2021 saw Morgan Stanley Private Bank place emphasis on $1MM+ loans with 5,306 originations, totaling $10,720,860,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 8,139 $11,631,035,000 $1,429,050 $6,301 2.66%
$150k-250k 2,394 $1,683,270,000 $703,120 $4,513 2.76%
$100k-150k 865 $475,525,000 $549,740 $4,026 2.81%
$75k-100k 200 $83,850,000 $419,250 $3,713 2.94%
$50k-75k 99 $29,195,000 $294,899 $3,364 3.25%
$50k or less 16 $2,940,000 $183,750 $3,176 3.60%

Morgan Stanley Private Bank lent most frequently to those with incomes in the $250k+ range, with 8,139 originations. The second most popular income band? $150k-250k, with 2,394 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 3,257 $3,486,375,000 $1,070,425 $5,342 2.70%
30-36% 2,538 $2,863,140,000 $1,128,109 $5,595 2.70%
<20% 1,933 $2,055,035,000 $1,063,132 $5,517 2.71%
50-60% 634 $1,012,350,000 $1,596,767 $6,885 2.65%
39% 518 $681,020,000 $1,314,710 $5,788 2.70%
37% 503 $585,195,000 $1,163,410 $5,477 2.70%
38% 500 $562,540,000 $1,125,080 $5,545 2.73%
36% 477 $565,735,000 $1,186,027 $5,666 2.73%
42% 406 $518,050,000 $1,275,985 $6,134 2.70%
43% 384 $454,130,000 $1,182,630 $5,815 2.73%
40% 376 $514,150,000 $1,367,420 $5,786 2.69%
41% 351 $405,135,000 $1,154,231 $5,843 2.70%
44% 344 $474,280,000 $1,378,721 $6,015 2.69%
45% 222 $262,270,000 $1,181,396 $6,093 2.69%
46% 206 $250,190,000 $1,214,515 $5,977 2.72%
47% 187 $251,005,000 $1,342,273 $6,425 2.70%
49% 178 $226,150,000 $1,270,506 $6,046 2.72%
48% 176 $225,720,000 $1,282,500 $5,713 2.69%
>60% 10 $32,030,000 $3,203,000 $12,384 2.67%

Morgan Stanley Private Bank lent most frequently to those with DTI ratios of 20-30%, with 3,257 originations. The next most common DTI ratio? 30-36%, with 2,538 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 10,493 $12,032,115,000 $1,146,680 $5,630 2.70%
Not provided 1,688 $2,241,330,000 $1,327,802 $6,136 2.68%
Asian 784 $990,740,000 $1,263,699 $5,513 2.67%
Not applicable 25 $258,325,000 $10,333,000 $13,999 2.58%
Black 189 $209,705,000 $1,109,550 $5,786 2.78%
American Indian 41 $57,115,000 $1,393,049 $6,154 2.80%
Asian Indian 18 $21,280,000 $1,182,222 $5,282 2.67%
Native Hawaiian 12 $20,570,000 $1,714,167 $8,267 2.78%
Chinese 8 $10,720,000 $1,340,000 $5,942 2.63%
Other Asian 8 $8,240,000 $1,030,000 $4,314 2.77%
Other Pacific Islander 1 $3,555,000 $3,555,000 $10,707 2.35%
Korean 2 $1,850,000 $925,000 $4,691 2.53%
Japanese 1 $745,000 $745,000 $5,791 2.65%
Vietnamese 1 $735,000 $735,000 $3,028 2.85%

Approval Rates

Total approvals of all applications
95.53%

Morgan Stanley Private Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
75.89%

Morgan Stanley Private Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 13,271 $15,857,025,000 $1,194,863

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
13,271 $15,857,025,000 $1,194,863

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,372 $1,300,520,000 $947,901 $4,892 2.78%
40-60% 3,274 $3,833,170,000 $1,170,791 $5,387 2.74%
60-80% 6,200 $8,077,380,000 $1,302,803 $5,992 2.67%
80-100% 2,215 $2,469,475,000 $1,114,887 $5,936 2.64%
Over 100% 4 $42,370,000 $10,592,500 $3,979 2.88%
Under 20% 206 $134,110,000 $651,019 $4,685 3.04%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
MORGAN STANLEY & CO. LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 14.3%
MORGAN STANLEY & CO. LLC Conventional home mortgage Struggling to pay mortgage 1 14.3%
MORGAN STANLEY & CO. LLC Conventional home mortgage Trouble during payment process 5 71.4%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Morgan Stanley Private Bank, National Association 2000 Westchester Avenue Purchase, NY 10577 Full Service B&M $108,790,000
Morgan Stanley Private Bank, National Association 919 North Market St Wilmington, DE 19801 Limited, Trust Office $0

For 2021, Morgan Stanley Private Bank had 2 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $2,599,000
Net interest income $2,387,000
Total noninterest income $278,000
Gross Fiduciary activities income $1,000
Service charges on deposit accounts $0
Trading account gains and fees $0
Additional Noninterest Income $277,000
Pre-tax net operating income $1,996,000
Securities gains (or losses, -) $0
Income before extraordinary items $1,528,000
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $1,528,000
Minority interest net income $0
Net income $1,528,000
Sale, conversion, retirement of capital stock, net $0
Net operating income $1,528,000

Morgan Stanley Private Bank's gross interest income from loans was $2,599,000,000.
Morgan Stanley Private Bank's net interest income from loans was $2,387,000,000.
Morgan Stanley Private Bank's fee based income from loans was $0.
Morgan Stanley Private Bank's net income from loans was $1,528,000,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $212,000
Provision for credit losses $1,000
Total noninterest expense $668,000
Salaries and employee benefits $220,000
Premises and equipment expense $34,000
Additional noninterest expense $414,000
Applicable income taxes $468,000
Net charge-offs $1,000
Cash dividends $0

Morgan Stanley Private Bank's interest expense for loans was $212,000,000.
Morgan Stanley Private Bank's payroll and benefits expense were $220,000,000.
Morgan Stanley Private Bank's property, plant and equipment expenses $34,000,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 0.0%
Real Estate loans 0.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 3.0%
Multifamily residential loans 0.0%
1-4 family residential loans 0.0%
HELOC loans 1.0%
All other family 0.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $125,670,000
Deposits held in domestic offices $125,670,000
Deposits by Individuals, partnerships, and corporations $125,670,000
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $0
Deposits by Commercial banks and other depository institutions in U.S. $0
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $19,366,000
Demand deposits $19,366,000
Nontransaction accounts $106,304,000
Money market deposit accounts (MMDAs) $101,737,000
Other savings deposits (excluding MMDAs) $0
Total time deposits $4,567,000
Total time and savings deposits $106,304,000
Noninterest-bearing deposits $180,000
Interest-bearing deposits $125,490,000
Retail deposits $120,191,000
IRAs and Keogh plan accounts $15,047,000
Brokered deposits $5,484,000
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $154,830,000
Cash & Balances due from depository institutions $13,932,000
Interest-bearing balances $13,875,000
Total securities $29,590,000
Federal funds sold & reverse repurchase $0
Net loans and leases $109,768,000
Loan and leases loss allowance $97,000
Trading account assets $0
Bank premises and fixed assets $0
Other real estate owned $5,000
Goodwill and other intangibles $0
All other assets $1,535,000

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $154,830,000
Total Liabilities $144,560,000
Total deposits $125,670,000
Interest-bearing deposits $125,490,000
Deposits held in domestic offices $125,670,000
% insured (estimated) $67
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $18,260,000
Subordinated debt $0
All other liabilities $630,000

Issued Loan Types

Type Value (in 000's)
Net loans and leases $109,768,000
Loan and leases loss allowance $97,000
Total loans and leases (domestic) $109,865,000
All real estate loans $49,407,000
Real estate loans in domestic offices $49,407,000
Construction and development loans $33,000
Residential 1-4 family construction $0
Other construction, all land development and other land $33,000
Loans secured by nonfarm nonresidential properties $3,982,000
Nonfarm nonresidential secured by owner-occupied properties $184,000
Commercial real estate & other non-farm, non-residential $3,798,000
Multifamily residential real estate $1,135,000
1-4 family residential loans $44,257,000
Farmland loans $0
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $5,132,000
To non-U.S. addressees $423,000
Loans to individuals $22,796,000
Credit card loans $0
Related Plans $49,000
Consumer Auto Loans $0
Other loans to individuals $22,747,000
All other loans & leases $32,530,000
Loans to foreign governments and official institutions $0
Other loans $32,389,000
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $535,000
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $0
Non 1-4 family restructured loans & leases $0
Total loans and leases (foreign) $0

Morgan Stanley Private Bank had $109,768,000,000 of loans outstanding in 2021. $49,407,000,000 of loans were in real estate loans. $33,000,000 of loans were in development loans. $1,135,000,000 of loans were in multifamily mortgage loans. $44,257,000,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $0 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Commercial & Industrial, US addressed loans - <$1MM 2,400 $646,000 $269,167
Commercial & Industrial, US addressed loans - <$100k 565 $27,000 $47,788
Commercial & Industrial, US addressed loans - $100-250k 730 $104,000 $142,466
Commercial & Industrial, US addressed loans - $250k-1MM 1,105 $515,000 $466,063