First National Bank Ames Iowa Mortgage Rates, Fees & InfoAmes, IA
Tax ID: 42-0114420
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewFirst National Bank Ames Iowa is a smaller bank specializing in Home Purchase and Refi loans. First National Bank Ames Iowa has a high proportion of conventional loans. Their top markets by origination volume include: Des Moines, Ames, Marshalltown, Pella, and Iowa City among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)
First National Bank Ames Iowa 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)$123,705,000
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|
|DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA)||72||$67,550,000||$938,194||$0||0.00%|
|AMES, IA (FHA|USDA|VA)||89||$30,275,000||$340,169||$0||0.00%|
|Outside of Metro Areas||42||$18,060,000||$430,000||$0||0.00%|
|Marshalltown, IA (FHA|USDA|VA)||3||$6,275,000||$2,091,667||$0||0.00%|
|Pella, IA (FHA|USDA|VA)||2||$890,000||$445,000||$0||0.00%|
|IOWA CITY, IA (FHA|USDA|VA)||2||$530,000||$265,000||$0||0.00%|
|Mason City, IA (FHA|USDA|VA)||1||$125,000||$125,000||$0||0.00%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, First National Bank Ames Iowa's most frequently originated type of loan was Conventional, with 211 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, First National Bank Ames Iowa's most frequently cited loan purpose was Home Purchase, with 134 originations. The 2nd most popular reason was Refi, with 49 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, First National Bank Ames Iowa's most frequently cited loan duration was Other, with 211 originations.
2022 saw First National Bank Ames Iowa place emphasis on $100k-200k loans with 67 originations, totaling $9,755,000 in origination value.
First National Bank Ames Iowa lent most frequently to those with incomes in the $100k-150k range, with 38 originations. The second most popular income band? $250k+, with 20 originations.
Applicant Debt to Income Ratio
|DTI Ratio||Originations||Total Value||Average Loan||Average Fees||Average Rate|
First National Bank Ames Iowa lent most frequently to those with DTI ratios of Exempt%, with 211 originations.
Approval RatesTotal approvals of all applications
First National Bank Ames Iowa has an average approval rate.
Pick RateApprovals leading to origination
First National Bank Ames Iowa has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|
|Bank Name||Product||Issue||2022 CPFB Complaints||% of Total Issues|
|FIRST CITIZENS BANCSHARES, INC.||Home equity loan or line of credit (HELOC)||Applying for a mortgage or refinancing an existing mortgage||1||100.0%|