Morgan Stanley Private Bank Mortgage Rates, Fees & Info

New York, NY

LEI: 549300GS0W0TEUQS8571

Tax ID: 22-3458456

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Bank Data

Review & 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 by origination volume include: New York, Los Angeles, San Francisco, Miami, and Boston among others. We have data for 360 markets. (Some data included below & more in-depth data is available with an active subscription.)

Morgan Stanley Private Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Morgan Stanley Private 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) 7.10% 4/14/24
30 Year Conventional Purchase 5.62% 4/14/24
30 Year Conventional Refi 5.99% 4/14/24
30 Year Cash-out Refi 6.01% 4/14/24
15 Year Conventional Purchase 5.49% 4/14/24
15 Year Conventional Refi 5.85% 4/14/24
15 Year Cash-out Refi 5.85% 4/14/24
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.

Morgan Stanley Private Bank Mortgage Calculator






Your Estimates

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This is not an official calculator from Morgan Stanley Private 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

13,271

Origination Dollar Volume (All Markets)

$15,857,025,000

Employee count

964 Show all (122) awards

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
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, KY (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.

Their top states include:
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 13,197 $15,821,305,000 $1,198,856 $5,703 2.69%
    HELOC 74 $35,720,000 $482,703 n/a 4.47%

    For 2021, Morgan Stanley Private Bank's most frequently originated type of loan was Conventional, with 13,197 originations. Their 2nd most popular type was HELOC, with 74 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Morgan Stanley Private Bank's most frequently cited loan purpose was Home Purchase, with 4,748 originations. The 2nd most popular reason was 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 2021, Morgan Stanley Private Bank's most frequently cited loan duration was 30 Year, with 12,795 originations. The 2nd most popular length was 15 Year, with 391 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost 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

    Morgan Stanley Private Bank's average total fees were $5,735, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 2.69%, while their most frequently originated rate bucket for loans was 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 or Islander 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
    94.98%

    Morgan Stanley Private Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    81.03%

    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