Fnb Moose Lake Mortgage Rates, Fees & Info
Moose Lake, MNLEI: 549300MX8VQ8VRHIUY36
Tax ID: 41-0425123
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Fnb Moose Lake is a smaller mortgage company specializing in Home Purchase loans. Fnb Moose Lake has a high proportion of conventional loans. Their top markets by origination volume include: Minneapolis, Duluth, Grand Rapids, and St. Cloud among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Fnb Moose Lake 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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Originations
56Origination Dollar Volume (All Markets)
$9,830,000Top 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 |
|---|---|---|---|---|---|
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 24 | $4,840,000 | $201,667 | $0 | 0.00% |
| DULUTH, MN-WI (FHA|USDA|VA) | 21 | $3,215,000 | $153,095 | $0 | 0.00% |
| Outside of Metro Areas | 9 | $1,295,000 | $143,889 | $0 | 0.00% |
| Grand Rapids, MN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| ST. CLOUD, MN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 56 | $9,830,000 | $175,536 | $0 | 0.00% |
For 2023, Fnb Moose Lake's most frequently originated type of loan was Conventional, with 56 originations.
Loan Reason
For 2023, Fnb Moose Lake's most frequently cited loan purpose was Home Purchase, with 42 originations. The 2nd most popular reason was Refi, with 8 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 56 | $9,830,000 | $175,536 | $0 | 0.00% |
For 2023, Fnb Moose Lake's most frequently cited loan duration was Other, with 56 originations.
Loan Sizing
2023 saw Fnb Moose Lake place emphasis on $200k-400k loans with 26 originations, totaling $6,200,000 in origination value.
Applicant Income
Fnb Moose Lake lent most frequently to those with incomes in the $100k-150k range, with 6 originations. The second most popular income band? $50k-75k, with 6 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 56 | $9,830,000 | $175,536 | $0 | 0.00% |
Fnb Moose Lake lent most frequently to those with DTI ratios of Exempt%, with 56 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications92.31%
Fnb Moose Lake has an average approval rate.
Pick Rate
Approvals leading to origination73.21%
Fnb Moose Lake has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 56 | $9,830,000 | $175,536 |