The Yellowstone Bank Mortgage Rates, Fees & Info
Laurel, MTLEI: 549300L4GPVDZEPUZC05
Tax ID: 81-0211310
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Mortgage Data
Review & Overview
The Yellowstone Bank is a smaller bank specializing in Home Purchase and Refi loans. The Yellowstone Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top (well, only) market is Billings.The Yellowstone Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. The Yellowstone 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 relatively high 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.64% | 12/16/24 |
| 30 Year Conventional Refi | 6.39% | 12/16/24 |
| 30 Year Cash-out Refi | 6.83% | 12/16/24 |
| 30 Year FHA Purchase | 6.74% | 12/16/24 |
| 30 Year VA Refi | 5.89% | 12/16/24 |
| 15 Year Conventional Purchase | 6.46% | 12/16/24 |
| 15 Year Conventional Refi | 6.04% | 12/16/24 |
| 15 Year Cash-out Refi | 6.04% | 12/16/24 |
| 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. | ||
The Yellowstone Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from The Yellowstone Bank. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
147Origination Dollar Volume (All Markets)
$51,265,000Relative Rate
The Yellowstone Bank's average 30 year fixed mortgage rate was
6.69%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.21%.
Relative Fees (Closing Costs)
The Yellowstone Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,761.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $9,089.
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 |
|---|---|---|---|---|---|
| BILLINGS, MT (FHA|USDA|VA) | 120 | $40,630,000 | $338,583 | $7,438 | 7.33% |
| Outside of Metro Areas | 27 | $10,635,000 | $393,889 | $5,282 | 8.17% |
Similar Lenders
We use machine learning to identify the top lenders compared against The Yellowstone Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 21
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Similarity Rank: 2052
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Similarity Rank: 3192
Similarity Rank: 3568
Similarity Rank: 4420
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 136 | $47,870,000 | $351,985 | $6,709 | 7.61% |
| FHA | 9 | $2,855,000 | $317,222 | $11,273 | 6.11% |
| VA | 2 | $540,000 | $270,000 | $7,897 | 5.06% |
For 2023, The Yellowstone Bank's most frequently originated type of loan was Conventional, with 136 originations. Their 2nd most popular type was FHA, with 9 originations.
Loan Reason
For 2023, The Yellowstone Bank's most frequently cited loan purpose was Home Purchase, with 90 originations. The 2nd most popular reason was Refi, with 35 originations.
Loan Duration/Length
For 2023, The Yellowstone Bank's most frequently cited loan duration was 30 Year, with 91 originations. The 2nd most popular length was Other, with 18 originations.
Origination Fees/Closing Costs
The Yellowstone Bank's average total fees were $7,761, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 28 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 51 | $16,485,000 | $323,235 |
| 6-7% | 43 | $15,705,000 | $365,233 |
| 7-8% | 29 | $10,365,000 | $357,414 |
| 5-6% | 22 | $8,110,000 | $368,636 |
| 4-5% | 2 | $600,000 | $300,000 |
During 2023, The Yellowstone Bank's average interest rate for loans was 6.69%, while their most frequently originated rate bucket for loans was Over 8%, with 51 originations.
Loan Sizing
2023 saw The Yellowstone Bank place emphasis on $200k-400k loans with 60 originations, totaling $17,930,000 in origination value.
Applicant Income
The Yellowstone Bank lent most frequently to those with incomes in the $150k-250k range, with 31 originations. The second most popular income band? $100k-150k, with 22 originations.
Applicant Debt to Income Ratio
The Yellowstone Bank lent most frequently to those with DTI ratios of 20-30%, with 22 originations. The next most common DTI ratio? 30-36%, with 11 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.38%
The Yellowstone Bank has an average approval rate.
Pick Rate
Approvals leading to origination76.87%
The Yellowstone Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 147 | $51,265,000 | $348,741 |