Sunrise Banks Mortgage Rates, Fees & InfoSt. Paul, MN
Tax ID: 41-0852727
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewSunrise Banks is a smaller bank specializing in Home Purchase and Refi loans. Sunrise Banks has a high proportion of conventional loans. Their top two markets are Minneapolis and Rochester .
Sunrise Banks 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.
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Origination Dollar Volume (All Markets)$168,155,000
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|
|MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA)||381||$163,825,000||$429,987||$0||0.00%|
|ROCHESTER, MN (FHA|USDA|VA)||2||$3,580,000||$1,790,000||$0||0.00%|
|Outside of Metro Areas||2||$750,000||$375,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Sunrise Banks's most frequently originated type of loan was Conventional, with 385 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||16||$4,310,000||$269,375||$0||0.00%|
For 2022, Sunrise Banks's most frequently cited loan purpose was Home Purchase, with 237 originations. The 2nd most popular reason was Refi, with 128 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Sunrise Banks's most frequently cited loan duration was Other, with 385 originations.
2022 saw Sunrise Banks place emphasis on $100k-200k loans with 146 originations, totaling $22,140,000 in origination value.
Sunrise Banks lent most frequently to those with incomes in the $50k-75k range, with 47 originations. The second most popular income band? $75k-100k, with 30 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
Sunrise Banks lent most frequently to those with DTI ratios of Exempt%, with 385 originations.
Approval RatesTotal approvals of all applications
Sunrise Banks has an average approval rate.
Pick RateApprovals leading to origination
Sunrise Banks has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|