Fnb Moose Lake Mortgage Rates, Fees & Info

Moose Lake, MN

LEI: 549300MX8VQ8VRHIUY36

Tax ID: 41-0425123

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • 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, Cape Coral, Santa Fe, and Albert Lea among others. We have data for 7 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.

    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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    Originations

    74

    Origination Dollar Volume (All Markets)

    $19,620,000

    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
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 28 $9,770,000 $348,929 $0 0.00%
    DULUTH, MN-WI (FHA|USDA|VA) 26 $6,310,000 $242,692 $0 0.00%
    Outside of Metro Areas 13 $2,255,000 $173,462 $0 0.00%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $640,000 $320,000 $0 0.00%
    SANTA FE, NM (FHA|USDA|VA) 1 $305,000 $305,000 $0 0.00%
    Albert Lea, MN (FHA|USDA|VA) 3 $205,000 $68,333 $0 0.00%
    ST. CLOUD, MN (FHA|USDA|VA) 1 $135,000 $135,000 $0 0.00%
    Fnb Moose Lake's top markets include Minneapolis, Duluth, Cape Coral, Santa Fe, and Albert Lea among others.

    Their top states include:
  • Minnesota (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • New Mexico (FHA|USDA|VA)
  • Wisconsin (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 74 $19,620,000 $265,135 $0 0.00%

    For 2022, Fnb Moose Lake's most frequently originated type of loan was Conventional, with 74 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 53 $15,785,000 $297,830 $0 0.00%
    Refi 13 $2,645,000 $203,462 $0 0.00%
    Home Improvement 6 $740,000 $123,333 $0 0.00%
    Other 2 $450,000 $225,000 $0 0.00%

    For 2022, Fnb Moose Lake's most frequently cited loan purpose was Home Purchase, with 53 originations. The 2nd most popular reason was Refi, with 13 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 74 $19,620,000 $265,135 $0 0.00%

    For 2022, Fnb Moose Lake's most frequently cited loan duration was Other, with 74 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 28 $7,710,000 $275,357 $0 0.00%
    $100k-200k 21 $3,165,000 $150,714 $0 0.00%
    $100,000 or less 12 $810,000 $67,500 $0 0.00%
    $400k-600k 9 $4,515,000 $501,667 $0 0.00%
    $600k-1MM 3 $2,185,000 $728,333 $0 0.00%
    $1MM+ 1 $1,235,000 $1,235,000 $0 0.00%

    2022 saw Fnb Moose Lake place emphasis on $200k-400k loans with 28 originations, totaling $7,710,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 12 $3,560,000 $296,667 $0 0.00%
    $75k-100k 10 $2,420,000 $242,000 $0 0.00%
    $50k-75k 9 $1,415,000 $157,222 $0 0.00%
    $150k-250k 6 $1,960,000 $326,667 $0 0.00%
    $50k or less 5 $435,000 $87,000 $0 0.00%
    $250k+ 3 $685,000 $228,333 $0 0.00%

    Fnb Moose Lake lent most frequently to those with incomes in the $100k-150k range, with 12 originations. The second most popular income band? $75k-100k, with 10 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 74 $19,620,000 $265,135 $0 0.00%

    Fnb Moose Lake lent most frequently to those with DTI ratios of Exempt%, with 74 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 45 $9,955,000 $221,222 $0 0.00%
    Not applicable 27 $8,765,000 $324,630 $0 0.00%
    Not provided 2 $900,000 $450,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.25%

    Fnb Moose Lake has an average approval rate.

    Pick Rate

    Approvals leading to origination
    89.19%

    Fnb Moose Lake has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 74 $19,620,000 $265,135

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    74 $19,620,000 $265,135