Morgan Stanley Private Bank National Association Mortgage Rates, Fees & Info

New York, NY

LEI: 549300GS0W0TEUQS8571

Tax ID: 22-3458456

2020 Data | 2019 Data | 2018 Data


Overview

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


Originations

10,639

Origination Dollar Volume (All Markets)

$11,716,315,000

Employee count

847

Relative Rate

Morgan Stanley Private Bank National Association's average 30 year fixed rate mortgage was 3.04%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of -0.32%.

Relative Fees

Morgan Stanley Private Bank National Association's average total fees for a 30 year fixed rate mortgage are $5,201.

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 $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 10,639 $11,716,315,000 $1,101,261 $5,173 3.03%

For the 2020 period, Morgan Stanley Private Bank National Association's most frequently originated loan type was Conventional, with 10,639 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 3,663 $4,034,595,000 $1,101,446 $6,210 2.92%
Refi 3,444 $3,590,510,000 $1,042,541 $4,491 3.05%
Cash Out Refi 1,825 $2,188,755,000 $1,199,318 $4,580 3.19%
Other 1,623 $1,843,455,000 $1,135,832 $4,968 3.04%
Home Improvement 84 $59,000,000 $702,381 $4,451 3.53%

For the 2020, Morgan Stanley Private Bank National Association's most frequently cited loan purpose was Home Purchase, with 3,663 originations. The 2nd most popular reason was Refi, with 3,444 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 10,166 $11,041,760,000 $1,086,146 $5,201 3.02%
15 Year 359 $240,625,000 $670,265 $4,303 3.11%
Other 96 $150,490,000 $1,567,604 $5,892 3.51%
10 Year 7 $59,965,000 $8,566,429 $0 2.77%
5 Year 7 $148,955,000 $21,279,286 $0 2.29%
3 Year 4 $74,520,000 $18,630,000 $0 2.55%

For the 2020, Morgan Stanley Private Bank National Association's most frequently cited loan length was 30 Year, with 10,166 originations. The 2nd most popular length was 15 Year, with 359 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 10,532 $11,327,530,000 $1,075,535
$5k+ 15 $16,165,000 $1,077,667
$1k-2k 10 $3,290,000 $329,000
$3k-4k 4 $2,110,000 $527,500
$2k-3k 3 $695,000 $231,667

$5,201 was Morgan Stanley Private Bank National Association's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 10,532 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LOS ANGELES-LONG BEACH-GLENDALE, CA 900 $1,419,410,000 $1,577,122 $5,487 2.98%
Outside of Metro Areas 680 $828,000,000 $1,217,647 $5,371 2.99%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 678 $822,340,000 $1,212,891 $6,323 2.99%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 414 $614,690,000 $1,484,758 $4,596 2.98%
NASSAU COUNTY-SUFFOLK COUNTY, NY 325 $442,695,000 $1,362,138 $7,190 2.94%
ANAHEIM-SANTA ANA-IRVINE, CA 291 $386,335,000 $1,327,612 $4,949 3.01%
SEATTLE-BELLEVUE-KENT, WA 283 $301,275,000 $1,064,576 $4,356 3.05%
BRIDGEPORT-STAMFORD-NORWALK, CT 236 $297,180,000 $1,259,237 $6,060 2.92%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 248 $284,320,000 $1,146,452 $4,806 3.00%
OAKLAND-BERKELEY-LIVERMORE, CA 288 $280,630,000 $974,410 $3,853 3.10%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 236 $279,740,000 $1,185,339 $3,944 3.01%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 276 $276,140,000 $1,000,507 $4,786 3.04%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 176 $251,180,000 $1,427,159 $7,486 3.01%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 189 $227,515,000 $1,203,783 $7,167 2.96%
CHICAGO-NAPERVILLE-EVANSTON, IL 258 $217,580,000 $843,333 $4,168 3.07%
BOSTON, MA 191 $211,335,000 $1,106,466 $4,894 2.95%
PHOENIX-MESA-CHANDLER, AZ 211 $203,785,000 $965,806 $4,687 3.09%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 246 $197,040,000 $800,976 $4,339 3.08%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 104 $180,870,000 $1,739,135 $4,204 3.02%
MIAMI-MIAMI BEACH-KENDALL, FL 141 $176,995,000 $1,255,284 $7,859 2.98%
SAN RAFAEL, CA 113 $162,645,000 $1,439,336 $4,681 3.02%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 164 $155,420,000 $947,683 $4,631 3.00%
NEWARK, NJ-PA 165 $139,555,000 $845,788 $6,037 2.99%
NEW BRUNSWICK-LAKEWOOD, NJ 162 $135,740,000 $837,901 $6,137 3.03%
DENVER-AURORA-LAKEWOOD, CO 150 $123,640,000 $824,267 $3,840 2.99%
SANTA MARIA-SANTA BARBARA, CA 72 $107,700,000 $1,495,833 $5,102 2.86%
NAPLES-MARCO ISLAND, FL 67 $99,975,000 $1,492,164 $8,162 2.97%
DALLAS-PLANO-IRVING, TX 102 $93,230,000 $914,020 $7,371 3.08%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 94 $92,380,000 $982,766 $4,592 3.07%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 83 $88,525,000 $1,066,566 $8,023 2.93%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 77 $85,265,000 $1,107,338 $4,037 2.96%
OXNARD-THOUSAND OAKS-VENTURA, CA 85 $79,395,000 $934,059 $4,308 3.08%
CHARLESTON-NORTH CHARLESTON, SC 68 $78,970,000 $1,161,324 $4,687 3.03%
NORTH PORT-SARASOTA-BRADENTON, FL 74 $74,550,000 $1,007,432 $6,662 3.11%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 75 $74,445,000 $992,600 $6,706 2.99%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 87 $70,745,000 $813,161 $6,287 3.10%
SALINAS, CA 43 $65,525,000 $1,523,837 $4,512 2.98%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 82 $65,330,000 $796,707 $4,633 3.04%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 66 $60,870,000 $922,273 $4,100 3.06%
BALTIMORE-COLUMBIA-TOWSON, MD 73 $56,705,000 $776,781 $4,096 3.13%
LAS VEGAS-HENDERSON-PARADISE, NV 53 $55,935,000 $1,055,377 $4,217 3.09%
SANTA ROSA-PETALUMA, CA 56 $53,270,000 $951,250 $4,133 3.04%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 75 $52,045,000 $693,933 $3,678 3.18%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 65 $51,545,000 $793,000 $6,373 3.00%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 62 $50,140,000 $808,710 $3,753 3.12%
BARNSTABLE TOWN, MA 55 $50,035,000 $909,727 $4,547 2.96%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 39 $46,595,000 $1,194,744 $7,356 3.03%
RENO, NV 41 $43,485,000 $1,060,610 $4,485 2.94%
ORLANDO-KISSIMMEE-SANFORD, FL 48 $42,470,000 $884,792 $5,926 3.11%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 49 $41,985,000 $856,837 $4,349 3.06%
PHILADELPHIA, PA 41 $41,125,000 $1,003,049 $6,985 3.04%
OCEAN CITY, NJ 30 $39,300,000 $1,310,000 $5,744 2.89%
BOULDER, CO 36 $36,750,000 $1,020,833 $4,134 3.00%
JACKSONVILLE, FL 46 $36,620,000 $796,087 $5,452 2.98%
CAPE CORAL-FORT MYERS, FL 45 $36,565,000 $812,556 $5,757 3.07%
SANTA CRUZ-WATSONVILLE, CA 41 $36,375,000 $887,195 $3,920 3.03%
ST. LOUIS, MO-IL 44 $36,050,000 $819,318 $3,157 3.08%
NAPA, CA 30 $33,420,000 $1,114,000 $4,091 3.02%
PROVIDENCE-WARWICK, RI-MA 40 $32,520,000 $813,000 $4,528 3.05%
PORT ST. LUCIE, FL 29 $32,235,000 $1,111,552 $6,357 3.11%
WARREN-TROY-FARMINGTON HILLS, MI 39 $31,875,000 $817,308 $3,530 3.23%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 28 $31,160,000 $1,112,857 $6,707 2.93%
HILTON HEAD ISLAND-BLUFFTON, SC 29 $29,695,000 $1,023,966 $4,961 2.94%
LANSING-EAST LANSING, MI 3 $28,375,000 $9,458,333 $3,312 3.18%
CHARLOTTESVILLE, VA 23 $27,335,000 $1,188,478 $4,282 3.07%
SALT LAKE CITY, UT 31 $25,585,000 $825,323 $3,913 3.11%
KAHULUI-WAILUKU-LAHAINA, HI 19 $24,545,000 $1,291,842 $5,889 2.99%
SALISBURY, MD-DE 28 $24,230,000 $865,357 $5,011 2.99%
KANSAS CITY, MO-KS 31 $22,985,000 $741,452 $2,983 3.09%
BIRMINGHAM-HOOVER, AL 35 $22,625,000 $646,429 $3,264 3.15%
MILWAUKEE-WAUKESHA, WI 37 $21,665,000 $585,541 $3,075 3.30%
NEW ORLEANS-METAIRIE, LA 31 $21,195,000 $683,710 $4,494 3.14%
RALEIGH-CARY, NC 31 $20,075,000 $647,581 $3,484 3.16%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 30 $20,000,000 $666,667 $4,124 3.18%
PORTLAND-SOUTH PORTLAND, ME 25 $19,625,000 $785,000 $4,108 3.04%
SEBASTIAN-VERO BEACH, FL 13 $19,425,000 $1,494,231 $9,113 2.91%
BEND, OR 25 $18,105,000 $724,200 $4,652 2.98%
URBAN HONOLULU, HI 20 $17,870,000 $893,500 $5,602 3.04%
SANTA FE, NM 22 $17,300,000 $786,364 $4,493 3.03%
COLUMBUS, OH 20 $15,660,000 $783,000 $4,204 3.03%
INDIANAPOLIS-CARMEL-ANDERSON, IN 21 $15,635,000 $744,524 $3,063 3.21%
CINCINNATI, OH-KY-IN 20 $15,400,000 $770,000 $4,509 2.94%
SAN ANTONIO-NEW BRAUNFELS, TX 21 $15,395,000 $733,095 $6,483 3.15%
SAN LUIS OBISPO-PASO ROBLES, CA 21 $14,415,000 $686,429 $3,539 3.08%
TRENTON-PRINCETON, NJ 18 $13,970,000 $776,111 $5,737 3.13%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 17 $13,735,000 $807,941 $5,536 2.86%
PITTSBURGH, PA 20 $13,290,000 $664,500 $6,031 3.15%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 18 $12,910,000 $717,222 $4,058 3.00%
TACOMA-LAKEWOOD, WA 16 $12,820,000 $801,250 $3,945 3.07%
COEUR D'ALENE, ID 14 $11,770,000 $840,714 $6,671 3.04%
WILMINGTON, NC 13 $11,745,000 $903,462 $3,851 3.00%
KNOXVILLE, TN 18 $11,460,000 $636,667 $3,788 3.13%
BOISE CITY, ID 20 $11,060,000 $553,000 $4,358 3.49%
GRAND RAPIDS-KENTWOOD, MI 12 $10,870,000 $905,833 $3,636 2.89%
ATLANTIC CITY-HAMMONTON, NJ 11 $10,105,000 $918,636 $5,254 3.09%
MADISON, WI 19 $10,075,000 $530,263 $3,427 3.23%
FORT COLLINS, CO 13 $9,825,000 $755,769 $3,642 3.17%
BRUNSWICK, GA 9 $9,085,000 $1,009,444 $5,994 2.93%
ASHEVILLE, NC 14 $8,960,000 $640,000 $3,595 2.89%
DAPHNE-FAIRHOPE-FOLEY, AL 9 $8,595,000 $955,000 $3,922 3.26%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 13 $8,245,000 $634,231 $3,411 3.34%
GREENVILLE-ANDERSON, SC 12 $8,230,000 $685,833 $3,761 3.03%
RICHMOND, VA 15 $8,185,000 $545,667 $3,695 3.16%
CLEVELAND-ELYRIA, OH 10 $7,770,000 $777,000 $4,036 2.85%
GAINESVILLE, GA 8 $7,450,000 $931,250 $4,505 3.18%
NEW HAVEN-MILFORD, CT 13 $7,445,000 $572,692 $3,924 3.22%
OGDEN-CLEARFIELD, UT 6 $7,300,000 $1,216,667 $5,881 2.88%
OLYMPIA-LACEY-TUMWATER, WA 4 $7,030,000 $1,757,500 $3,677 3.40%
DURHAM-CHAPEL HILL, NC 13 $6,965,000 $535,769 $3,224 3.23%
PALM BAY-MELBOURNE-TITUSVILLE, FL 10 $6,530,000 $653,000 $5,596 3.35%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 6 $6,430,000 $1,071,667 $6,993 2.77%
ROANOKE, VA 11 $6,375,000 $579,545 $3,601 3.11%
DETROIT-DEARBORN-LIVONIA, MI 13 $6,305,000 $485,000 $3,094 3.07%
TUCSON, AZ 12 $6,270,000 $522,500 $3,791 3.29%
TULSA, OK 11 $6,235,000 $566,818 $4,331 3.18%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 10 $6,070,000 $607,000 $4,059 3.10%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 8 $6,040,000 $755,000 $4,018 3.11%
PITTSFIELD, MA 9 $5,965,000 $662,778 $5,684 2.94%
NORWICH-NEW LONDON, CT 7 $5,955,000 $850,714 $4,772 3.42%
FLAGSTAFF, AZ 8 $5,850,000 $731,250 $5,293 2.96%
ALBUQUERQUE, NM 9 $5,835,000 $648,333 $4,909 3.14%
NILES, MI 6 $5,780,000 $963,333 $6,861 2.75%
PENSACOLA-FERRY PASS-BRENT, FL 6 $5,740,000 $956,667 $6,534 2.89%
WENATCHEE, WA 8 $5,730,000 $716,250 $4,115 3.04%
COLORADO SPRINGS, CO 12 $5,690,000 $474,167 $3,725 3.22%
OMAHA-COUNCIL BLUFFS, NE-IA 7 $4,825,000 $689,286 $3,847 3.48%
CORPUS CHRISTI, TX 6 $4,810,000 $801,667 $7,084 3.04%
PROVO-OREM, UT 6 $4,530,000 $755,000 $3,810 3.10%
ATHENS-CLARKE COUNTY, GA 6 $4,410,000 $735,000 $4,050 3.22%
CAMDEN, NJ 8 $4,320,000 $540,000 $5,614 3.21%
BELLINGHAM, WA 7 $4,175,000 $596,429 $3,246 3.13%
LAKELAND-WINTER HAVEN, FL 7 $3,955,000 $565,000 $5,024 3.08%
ELGIN, IL 6 $3,670,000 $611,667 $4,632 3.35%
ST. GEORGE, UT 4 $3,550,000 $887,500 $3,948 2.77%
MEMPHIS, TN-MS-AR 6 $3,490,000 $581,667 $4,339 3.31%
WICHITA, KS 7 $3,425,000 $489,286 $2,880 3.73%
GLENS FALLS, NY 4 $3,360,000 $840,000 $5,937 2.85%
ANN ARBOR, MI 5 $3,325,000 $665,000 $3,577 3.21%
SPOKANE-SPOKANE VALLEY, WA 6 $3,070,000 $511,667 $3,152 3.24%
WILMINGTON, DE-MD-NJ 5 $2,995,000 $599,000 $3,702 3.48%
LEXINGTON-FAYETTE, KY 5 $2,995,000 $599,000 $3,749 2.85%
ALBANY-SCHENECTADY-TROY, NY 5 $2,965,000 $593,000 $5,305 3.65%
AUGUSTA-RICHMOND COUNTY, GA-SC 5 $2,965,000 $593,000 $3,800 3.23%
BURLINGTON-SOUTH BURLINGTON, VT 7 $2,945,000 $420,714 $4,066 3.11%
SAVANNAH, GA 8 $2,940,000 $367,500 $3,750 3.58%
PANAMA CITY, FL 3 $2,895,000 $965,000 $7,489 3.38%
PRESCOTT VALLEY-PRESCOTT, AZ 6 $2,880,000 $480,000 $3,912 3.29%
MOUNT VERNON-ANACORTES, WA 4 $2,780,000 $695,000 $3,529 3.28%
WORCESTER, MA-CT 4 $2,690,000 $672,500 $3,737 3.09%
BUFFALO-CHEEKTOWAGA, NY 5 $2,655,000 $531,000 $5,185 3.32%
MONTGOMERY, AL 3 $2,645,000 $881,667 $3,746 2.52%
WINSTON-SALEM, NC 5 $2,625,000 $525,000 $3,098 3.03%
HUNTINGTON-ASHLAND, WV-KY-OH 2 $2,570,000 $1,285,000 $5,859 2.88%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 7 $2,525,000 $360,714 $2,853 3.34%
DES MOINES-WEST DES MOINES, IA 6 $2,450,000 $408,333 $2,341 3.38%
PUNTA GORDA, FL 5 $2,405,000 $481,000 $3,977 3.06%
OKLAHOMA CITY, OK 4 $2,360,000 $590,000 $4,477 3.00%
YAKIMA, WA 3 $2,115,000 $705,000 $4,030 3.22%
BAKERSFIELD, CA 5 $2,075,000 $415,000 $3,112 3.25%
COLUMBIA, SC 3 $2,045,000 $681,667 $4,276 3.05%
HUNTSVILLE, AL 4 $2,040,000 $510,000 $3,083 3.18%
UTICA-ROME, NY 2 $1,960,000 $980,000 $6,898 3.05%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 4 $1,930,000 $482,500 $4,681 3.78%
GREEN BAY, WI 4 $1,920,000 $480,000 $3,454 3.44%
ROCHESTER, NY 4 $1,920,000 $480,000 $4,230 3.21%
MISSOULA, MT 4 $1,780,000 $445,000 $3,975 3.08%
STOCKTON, CA 3 $1,775,000 $591,667 $3,449 3.03%
CEDAR RAPIDS, IA 3 $1,715,000 $571,667 $2,596 2.77%
EUGENE-SPRINGFIELD, OR 3 $1,625,000 $541,667 $4,873 3.05%
MEDFORD, OR 4 $1,610,000 $402,500 $3,756 3.35%
EAST STROUDSBURG, PA 2 $1,560,000 $780,000 $4,047 2.70%
VALLEJO, CA 3 $1,535,000 $511,667 $2,769 3.26%
LAFAYETTE, LA 2 $1,500,000 $750,000 $4,913 3.20%
HARRISBURG-CARLISLE, PA 4 $1,500,000 $375,000 $3,740 3.31%
COLUMBUS, GA-AL 3 $1,435,000 $478,333 $3,382 3.18%
DAYTON-KETTERING, OH 3 $1,405,000 $468,333 $3,356 3.48%
CARSON CITY, NV 3 $1,375,000 $458,333 $3,791 3.97%
SHEBOYGAN, WI 2 $1,360,000 $680,000 $3,783 3.30%
LAKE HAVASU CITY-KINGMAN, AZ 2 $1,330,000 $665,000 $3,897 4.30%
HICKORY-LENOIR-MORGANTON, NC 2 $1,300,000 $650,000 $3,642 3.29%
KINGSTON, NY 3 $1,295,000 $431,667 $4,571 3.78%
RACINE, WI 2 $1,270,000 $635,000 $2,962 3.98%
DECATUR, AL 2 $1,240,000 $620,000 $3,783 3.20%
GAINESVILLE, FL 3 $1,215,000 $405,000 $4,265 3.13%
THE VILLAGES, FL 2 $1,210,000 $605,000 $3,924 2.88%
KENNEWICK-RICHLAND, WA 2 $1,190,000 $595,000 $3,282 2.73%
OSHKOSH-NEENAH, WI 3 $1,175,000 $391,667 $2,973 3.61%
VALDOSTA, GA 1 $1,165,000 $1,165,000 $5,571 3.30%
TOLEDO, OH 3 $1,155,000 $385,000 $3,091 3.36%
HATTIESBURG, MS 1 $1,125,000 $1,125,000 $3,013 3.15%
GARY, IN 3 $1,095,000 $365,000 $2,459 3.38%
STATE COLLEGE, PA 2 $1,080,000 $540,000 $5,593 3.23%
FORT WAYNE, IN 2 $1,070,000 $535,000 $3,385 3.35%
BOWLING GREEN, KY 2 $1,050,000 $525,000 $3,599 3.13%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 2 $1,050,000 $525,000 $3,857 4.15%
MICHIGAN CITY-LA PORTE, IN 1 $1,005,000 $1,005,000 $3,330 2.80%
COLUMBUS, IN 1 $945,000 $945,000 $4,610 3.20%
GRAND JUNCTION, CO 2 $930,000 $465,000 $3,245 3.40%
READING, PA 2 $870,000 $435,000 $4,815 3.40%
JACKSON, MS 1 $865,000 $865,000 $2,898 2.75%
COLUMBIA, MO 2 $810,000 $405,000 $2,103 3.10%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 2 $790,000 $395,000 $2,885 3.90%
MODESTO, CA 1 $745,000 $745,000 $5,176 2.75%
SALEM, OR 1 $745,000 $745,000 $5,883 2.80%
TYLER, TX 1 $745,000 $745,000 $5,835 3.20%
SYRACUSE, NY 2 $730,000 $365,000 $4,913 3.15%
BATON ROUGE, LA 2 $720,000 $360,000 $3,817 3.28%
TUSCALOOSA, AL 2 $720,000 $360,000 $2,796 3.53%
LANCASTER, PA 3 $715,000 $238,333 $3,661 3.38%
HOUMA-THIBODAUX, LA 1 $715,000 $715,000 $3,495 3.45%
YUBA CITY, CA 1 $705,000 $705,000 $5,771 2.80%
CHATTANOOGA, TN-GA 1 $695,000 $695,000 $4,657 2.90%
LYNCHBURG, VA 1 $695,000 $695,000 $4,068 2.33%
LAWRENCE, KS 3 $695,000 $231,667 $2,402 3.55%
LONGVIEW, TX 1 $685,000 $685,000 $6,102 3.20%
NEW BERN, NC 1 $685,000 $685,000 $4,542 2.80%
CALIFORNIA-LEXINGTON PARK, MD 1 $665,000 $665,000 $5,107 3.00%
BLOOMINGTON, IN 1 $665,000 $665,000 $3,295 3.55%
OCALA, FL 2 $650,000 $325,000 $3,972 3.15%
CORVALLIS, OR 1 $615,000 $615,000 $4,073 3.25%
BILLINGS, MT 1 $605,000 $605,000 $4,140 3.45%
ITHACA, NY 1 $605,000 $605,000 $6,945 3.25%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 1 $585,000 $585,000 $3,606 3.50%
HAGERSTOWN-MARTINSBURG, MD-WV 1 $585,000 $585,000 $3,296 3.13%
YORK-HANOVER, PA 1 $585,000 $585,000 $5,800 3.20%
LOGAN, UT-ID 1 $585,000 $585,000 $4,823 2.65%
FRESNO, CA 1 $585,000 $585,000 $2,586 3.45%
FAYETTEVILLE, NC 1 $585,000 $585,000 $2,519 2.75%
GREELEY, CO 1 $565,000 $565,000 $4,433 3.15%
GREENSBORO-HIGH POINT, NC 1 $555,000 $555,000 $3,849 2.80%
CHARLESTON, WV 2 $550,000 $275,000 $3,328 3.55%
SPARTANBURG, SC 2 $550,000 $275,000 $3,356 3.98%
MANCHESTER-NASHUA, NH 1 $545,000 $545,000 $3,410 2.90%
GULFPORT-BILOXI, MS 1 $535,000 $535,000 $3,967 2.75%
TOPEKA, KS 1 $525,000 $525,000 $3,109 3.55%
KALAMAZOO-PORTAGE, MI 1 $515,000 $515,000 $3,138 2.37%
LAWTON, OK 1 $515,000 $515,000 $3,814 2.70%
JOHNSON CITY, TN 1 $515,000 $515,000 $2,847 3.25%
ODESSA, TX 1 $505,000 $505,000 $6,948 3.20%
VISALIA, CA 1 $485,000 $485,000 $4,309 3.45%
FARMINGTON, NM 1 $485,000 $485,000 $4,592 3.00%
MORGANTOWN, WV 1 $485,000 $485,000 $3,943 3.25%
JACKSONVILLE, NC 1 $465,000 $465,000 $3,386 3.45%
DOTHAN, AL 1 $465,000 $465,000 $2,088 3.43%
AUBURN-OPELIKA, AL 2 $460,000 $230,000 $2,623 3.10%
MUSKEGON, MI 1 $425,000 $425,000 $2,467 3.13%
SCRANTON--WILKES-BARRE, PA 1 $425,000 $425,000 $5,227 3.40%
HOT SPRINGS, AR 1 $405,000 $405,000 $2,888 3.35%
ROME, GA 1 $395,000 $395,000 $3,540 2.75%
SIOUX FALLS, SD 1 $385,000 $385,000 $2,826 3.45%
MADERA, CA 1 $335,000 $335,000 $3,004 4.60%
MOBILE, AL 1 $335,000 $335,000 $5,826 2.75%
SPRINGFIELD, MA 1 $335,000 $335,000 $3,576 2.90%
MONROE, MI 1 $325,000 $325,000 $3,286 3.90%
BATTLE CREEK, MI 1 $275,000 $275,000 $2,442 4.70%
AKRON, OH 1 $255,000 $255,000 $3,448 3.50%
CLARKSVILLE, TN-KY 1 $225,000 $225,000 $2,877 4.55%
RAPID CITY, SD 1 $225,000 $225,000 $3,768 5.00%
REDDING, CA 1 $205,000 $205,000 $3,063 3.45%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 1 $205,000 $205,000 $2,170 4.10%
BANGOR, ME 1 $195,000 $195,000 $2,665 4.45%
FARGO, ND-MN 1 $195,000 $195,000 $2,261 3.25%
COLLEGE STATION-BRYAN, TX 1 $165,000 $165,000 $3,647 3.45%
DUBUQUE, IA 1 $125,000 $125,000 $2,688 3.25%
ERIE, PA 1 $125,000 $125,000 $0 3.95%

Morgan Stanley Private Bank National Association's top markets include Los Angeles, New York, San Francisco, Nassau County, and Anaheim among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 5,738 $7,151,130,000 $1,246,276
3-4% 4,105 $3,266,315,000 $795,692
<2.5% 480 $1,180,070,000 $2,458,479
4-5% 293 $110,035,000 $375,546
5-6% 19 $7,685,000 $404,474
6-7% 4 $1,080,000 $270,000

During 2020, Morgan Stanley Private Bank National Association's average interest rate was 3.04%, while their most frequently originated rate bucket was 2.5-3%, with 5,738 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$1MM+ 4,039 $7,689,095,000 $1,903,713 $6,781 2.88%
$600k-1MM 3,406 $2,599,560,000 $763,230 $4,593 3.00%
$400k-600k 2,210 $1,163,770,000 $526,593 $3,953 3.10%
$200k-400k 771 $233,265,000 $302,549 $3,377 3.51%
$100k-200k 191 $29,105,000 $152,382 $2,999 3.80%
$100,000 or less 22 $1,520,000 $69,091 $2,967 4.36%

2020 saw Morgan Stanley Private Bank National Association place emphasis on $1MM+ loans with 4,039 originations, totaling $7,689,095,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 5,852 $7,977,010,000 $1,363,125 $5,824 2.95%
$150k-250k 2,060 $1,435,050,000 $696,626 $4,290 3.10%
$100k-150k 822 $440,220,000 $535,547 $3,890 3.23%
$75k-100k 231 $93,125,000 $403,139 $3,519 3.43%
$50k-75k 133 $34,395,000 $258,609 $3,187 3.64%
$50k or less 33 $5,095,000 $154,394 $3,067 3.99%

Morgan Stanley Private Bank National Association lent most frequently to those with incomes in the $250k+ range, with 5,852 originations. The second most popular income band? $150k-250k, with 2,060 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 2,378 $2,307,670,000 $970,425 $4,897 3.03%
30-36% 1,599 $1,660,395,000 $1,038,396 $5,129 3.01%
<20% 1,440 $1,407,310,000 $977,299 $4,909 3.01%
50-60% 1,415 $1,717,505,000 $1,213,784 $5,502 3.07%
38% 323 $360,235,000 $1,115,279 $5,216 2.97%
40% 303 $315,075,000 $1,039,851 $5,194 3.05%
41% 299 $361,625,000 $1,209,448 $5,646 3.02%
36% 287 $293,735,000 $1,023,467 $5,065 3.03%
44% 287 $317,755,000 $1,107,160 $5,247 3.00%
42% 286 $341,300,000 $1,193,357 $5,379 3.02%
39% 283 $291,245,000 $1,029,134 $5,230 3.10%
37% 282 $285,450,000 $1,012,234 $5,158 3.03%
43% 265 $277,805,000 $1,048,321 $5,147 2.98%
47% 242 $283,040,000 $1,169,587 $5,428 3.10%
46% 222 $240,420,000 $1,082,973 $5,352 3.10%
48% 221 $274,775,000 $1,243,326 $5,710 3.02%
45% 211 $228,605,000 $1,083,436 $5,140 3.03%
49% 204 $254,180,000 $1,245,980 $5,564 3.00%
>60% 55 $92,565,000 $1,683,000 $5,763 3.07%

Morgan Stanley Private Bank National Association lent most frequently to those with DTI ratios of 20-30%, with 2,378 originations. The next most common DTI ratio? 30-36%, with 1,599 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 8,365 $8,644,695,000 $1,033,436 $5,119 3.03%
Not provided 1,415 $1,748,995,000 $1,236,039 $5,539 3.00%
Asian 606 $693,530,000 $1,144,439 $4,918 3.00%
Not applicable 37 $405,625,000 $10,962,838 $12,169 2.66%
Black 131 $136,595,000 $1,042,710 $5,261 3.18%
American Indian 27 $26,365,000 $976,481 $4,763 3.20%
Asian Indian 21 $21,155,000 $1,007,381 $4,281 3.08%
Native Hawaiian 17 $20,855,000 $1,226,765 $6,382 3.13%
Chinese 6 $5,710,000 $951,667 $5,635 2.98%
Other Asian 5 $5,415,000 $1,083,000 $3,680 3.02%
Japanese 2 $2,680,000 $1,340,000 $3,722 2.98%
Other Pacific Islander 3 $1,535,000 $511,667 $4,817 3.95%
Vietnamese 1 $1,485,000 $1,485,000 $4,583 2.90%
Korean 2 $1,400,000 $700,000 $2,732 3.13%
Filipino 1 $275,000 $275,000 $3,828 3.15%

Approval Rates

Total approvals of all applications
95.80%

Morgan Stanley Private Bank National Association 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
73.12%

Morgan Stanley Private Bank National Association has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 10,639 $11,716,315,000 $1,101,261

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Site-Built 22 $341,520,000 $15,523,636
Single Family (1-4 Units):Site-Built 10,617 $11,374,795,000 $1,071,376

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,092 $900,510,000 $824,643 $4,501 3.09%
40-60% 2,557 $2,784,385,000 $1,088,926 $4,889 3.04%
60-80% 4,865 $5,710,535,000 $1,173,800 $5,306 3.01%
80-100% 1,959 $2,111,395,000 $1,077,792 $5,638 2.99%
Over 100% 5 $105,825,000 $21,165,000 $5,903 2.63%
Under 20% 161 $103,665,000 $643,882 $4,368 3.34%

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 $93,901,000
Morgan Stanley Private Bank, National Association 919 North Market St Wilmington, DE 19801 Limited, Trust Office $0

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $2,305,000
Net interest income $1,935,000
Total noninterest income $310,000
Gross Fiduciary activities income $1,000
Service charges on deposit accounts $0
Trading account gains and fees $0
Additional Noninterest Income $309,000
Pre-tax net operating income $1,548,000
Securities gains (or losses, -) $16,000
Income before extraordinary items $1,173,000
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $1,173,000
Minority interest net income $0
Net income $1,173,000
Sale, conversion, retirement of capital stock, net $0
Net operating income $1,160,360

Bank Expenses

Item Value (in 000's)
Total interest expense $370,000
Provision for credit losses $30,000
Total noninterest expense $667,000
Salaries and employee benefits $184,000
Premises and equipment expense $32,000
Additional noninterest expense $451,000
Applicable income taxes $391,000
Net charge-offs $3,000
Cash dividends $1,181,000

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 3.0%
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 $107,259,000
Deposits held in domestic offices $107,259,000
Deposits by Individuals, partnerships, and corporations $107,259,000
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 $19,142,000
Demand deposits $19,142,000
Nontransaction accounts $88,117,000
Money market deposit accounts (MMDAs) $77,990,000
Other savings deposits (excluding MMDAs) $0
Total time deposits $10,127,000
Total time and savings deposits $88,117,000
Noninterest-bearing deposits $118,000
Interest-bearing deposits $107,141,000
Retail deposits $87,925,000
IRAs and Keogh plan accounts $16,911,000
Brokered deposits $29,085,000
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $119,908,000
Cash & Balances due from depository institutions $9,838,000
Interest-bearing balances $9,807,000
Total securities $17,927,000
Federal funds sold & reverse repurchase $10,002,000
Net loans and leases $81,171,000
Loan and leases loss allowance $96,000
Trading account assets $0
Bank premises and fixed assets $0
Other real estate owned $1,000
Goodwill and other intangibles $0
All other assets $969,000

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $119,908,000
Total Liabilities $111,719,000
Total deposits $107,259,000
Interest-bearing deposits $107,141,000
Deposits held in domestic offices $107,259,000
% insured (estimated) $77
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $4,004,000
Subordinated debt $0
All other liabilities $456,000

Issued Loan Types

Type Value (in 000's)
Net loans and leases $81,171,000
Loan and leases loss allowance $96,000
Total loans and leases (domestic) $81,267,000
All real estate loans $40,203,000
Real estate loans in domestic offices $40,203,000
Construction and development loans $55,000
Residential 1-4 family construction $0
Other construction, all land development and other land $55,000
Loans secured by nonfarm nonresidential properties $3,879,000
Nonfarm nonresidential secured by owner-occupied properties $190,000
Commercial real estate & other non-farm, non-residential $3,689,000
Multifamily residential real estate $989,000
1-4 family residential loans $35,280,000
Farmland loans $0
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $4,778,000
To non-U.S. addressees $337,000
Loans to individuals $15,897,000
Credit card loans $0
Related Plans $69,000
Consumer Auto Loans $0
Other loans to individuals $15,828,000
All other loans & leases $20,389,000
Loans to foreign governments and official institutions $0
Other loans $20,258,000
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $469,000
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

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Commercial & Industrial, US addressed loans - <$1MM 1,224 $376,000 $307,190
Commercial & Industrial, US addressed loans - <$100k 200 $10,000 $50,000
Commercial & Industrial, US addressed loans - $100-250k 339 $47,000 $138,643
Commercial & Industrial, US addressed loans - $250k-1MM 685 $319,000 $465,693