Bank Of Idaho Mortgage Rates, Fees & Info
Idaho Falls, IDLEI: 549300SE6YAYK0PZZR74
Tax ID: 82-0398499
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Bank Of Idaho is a smaller bank specializing in Home Purchase and Refi loans. Bank Of Idaho has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Boise City, Pocatello, Idaho Falls, Blackfoot, and Twin Falls among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)Bank Of Idaho 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.
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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
121Origination Dollar Volume (All Markets)
$45,405,000Top 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 |
|---|---|---|---|---|---|
| BOISE CITY, ID (FHA|USDA|VA) | 25 | $10,675,000 | $427,000 | $0 | 0.00% |
| POCATELLO, ID (FHA|USDA|VA) | 24 | $7,130,000 | $297,083 | $0 | 0.00% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 13 | $4,695,000 | $361,154 | $0 | 0.00% |
| Outside of Metro Areas | 16 | $4,650,000 | $290,625 | $0 | 0.00% |
| Blackfoot, ID (FHA|USDA|VA) | 12 | $2,870,000 | $239,167 | $0 | 0.00% |
| TWIN FALLS, ID (FHA|USDA|VA) | 8 | $2,380,000 | $297,500 | $0 | 0.00% |
| Jackson, WY-ID (FHA|USDA|VA) | 2 | $2,230,000 | $1,115,000 | $0 | 0.00% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $1,915,000 | $1,915,000 | $0 | 0.00% |
| Rexburg, ID (FHA|USDA|VA) | 5 | $1,755,000 | $351,000 | $0 | 0.00% |
| Mountain Home, ID (FHA|USDA|VA) | 2 | $1,150,000 | $575,000 | $0 | 0.00% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $1,080,000 | $540,000 | $0 | 0.00% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $0 | 0.00% |
| Burley, ID (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $0 | 0.00% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $0 | 0.00% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 0.00% |
| RENO, NV (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 0.00% |
| Ontario, OR-ID (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $425,000 | $425,000 | $0 | 0.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
Similar Lenders
We use machine learning to identify the top lenders compared against Bank of Idaho based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 198
Similarity Rank: 253
Similarity Rank: 256
Similarity Rank: 624
Similarity Rank: 736
Similarity Rank: 1122
Similarity Rank: 1216
Similarity Rank: 1456
Similarity Rank: 1464
Similarity Rank: 1656
Product Mix
For 2024, Bank Of Idaho's most frequently originated type of loan was Conventional, with 97 originations. Their 2nd most popular type was FHA, with 12 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 76 | $25,520,000 | $335,789 | $0 | 0.00% |
| Refi | 40 | $18,310,000 | $457,750 | $0 | 0.00% |
| Cash Out Refi | 5 | $1,575,000 | $315,000 | $0 | 0.00% |
For 2024, Bank Of Idaho's most frequently cited loan purpose was Home Purchase, with 76 originations. The 2nd most popular reason was Refi, with 40 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 121 | $45,405,000 | $375,248 | $0 | 0.00% |
For 2024, Bank Of Idaho's most frequently cited loan duration was Other, with 121 originations.
Loan Sizing
2024 saw Bank Of Idaho place emphasis on $200k-400k loans with 49 originations, totaling $13,985,000 in origination value.
Applicant Income
Bank Of Idaho lent most frequently to those with incomes in the $150k-250k range, with 26 originations. The second most popular income band? $75k-100k, with 25 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 121 | $45,405,000 | $375,248 | $0 | 0.00% |
Bank Of Idaho lent most frequently to those with DTI ratios of Exempt%, with 121 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications88.07%
Bank Of Idaho has an average approval rate.
Pick Rate
Approvals leading to origination76.03%
Bank Of Idaho has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 121 | $45,405,000 | $375,248 |