Idaho First Bank Mortgage Rates, Fees & Info

MCCALL, ID

LEI: 549300SQ82MLLWN3PD61

Tax ID: 20-2307374

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Idaho First Bank is a smaller bank specializing in Home Purchase loans. Idaho First Bank has a high proportion of conventional loans. Their top markets include Boise City, Hailey, Reno, Missoula, and Portland among others. Idaho First Bank has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors.


Originations

206

Origination Dollar Volume (All Markets)

$103,130,000

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 74 $31,540,000 $426,216 $0 0.00%
BOISE CITY, ID (FHA|USDA|VA) 75 $31,265,000 $416,867 $0 0.00%
Hailey, ID (FHA|USDA|VA) 41 $26,325,000 $642,073 $0 0.00%
RENO, NV (FHA|USDA|VA) 3 $7,425,000 $2,475,000 $0 0.00%
MISSOULA, MT (FHA|USDA|VA) 1 $2,515,000 $2,515,000 $0 0.00%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $945,000 $315,000 $0 0.00%
Ontario, OR-ID (FHA|USDA|VA) 3 $905,000 $301,667 $0 0.00%
Jackson, WY-ID (FHA|USDA|VA) 1 $505,000 $505,000 $0 0.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $415,000 $415,000 $0 0.00%
TWIN FALLS, ID (FHA|USDA|VA) 1 $385,000 $385,000 $0 0.00%
Butte-Silver Bow, MT (FHA|USDA|VA) 1 $355,000 $355,000 $0 0.00%
Astoria, OR (FHA|USDA|VA) 1 $335,000 $335,000 $0 0.00%
IDAHO FALLS, ID (FHA|USDA|VA) 1 $215,000 $215,000 $0 0.00%

Idaho First Bank's top markets include Boise City, Hailey, Reno, Missoula, and Portland among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 206 $103,130,000 $500,631 $0 0.00%

For the 2021 period, Idaho First Bank's most frequently originated loan type of loans were Conventional, with 206 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 76 $60,240,000 $792,632 $0 0.00%
Cash Out Refi 62 $19,060,000 $307,419 $0 0.00%
Refi 56 $18,580,000 $331,786 $0 0.00%
Other 10 $4,840,000 $484,000 $0 0.00%
Home Improvement 2 $410,000 $205,000 $0 0.00%

For the 2021, Idaho First Bank's most frequently cited loan purpose of loans were Home Purchase, with 76 originations. The 2nd most popular reason of loans were Cash Out Refi, with 62 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
Other 206 $103,130,000 $500,631 $0 0.00%

For the 2021, Idaho First Bank's most frequently cited loan length of loans were Other, with 206 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 88 $25,800,000 $293,182 $0 0.00%
$400k-600k 53 $25,885,000 $488,396 $0 0.00%
$100k-200k 26 $3,700,000 $142,308 $0 0.00%
$1MM+ 15 $36,935,000 $2,462,333 $0 0.00%
$600k-1MM 15 $10,185,000 $679,000 $0 0.00%
$100,000 or less 9 $625,000 $69,444 $0 0.00%

2021 saw Idaho First Bank place emphasis on $200k-400k loans with 88 originations, totaling $25,800,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 44 $29,410,000 $668,409 $0 0.00%
$100k-150k 36 $12,570,000 $349,167 $0 0.00%
$150k-250k 36 $14,990,000 $416,389 $0 0.00%
$75k-100k 28 $8,950,000 $319,643 $0 0.00%
$50k-75k 26 $6,430,000 $247,308 $0 0.00%
$50k or less 20 $3,300,000 $165,000 $0 0.00%

Idaho First Bank lent most frequently to those with incomes in the $250k+ range, with 44 originations. The second most popular income band? $100k-150k, with 36 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
Exempt% 206 $103,130,000 $500,631 $0 0.00%

Idaho First Bank lent most frequently to those with DTI ratios of Exempt%, with 206 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 150 $61,400,000 $409,333 $0 0.00%
Not applicable 16 $27,480,000 $1,717,500 $0 0.00%
Not provided 35 $11,915,000 $340,429 $0 0.00%
American Indian 3 $1,325,000 $441,667 $0 0.00%
Asian 1 $585,000 $585,000 $0 0.00%
Other Pacific Islander 1 $425,000 $425,000 $0 0.00%

Approval Rates

Total approvals of all applications
93.79%

Idaho First Bank has an average approval rate.

Pick Rate

Approvals leading to origination
78.62%

Idaho First Bank has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
Exempt 206 $103,130,000 $500,631

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
206 $103,130,000 $500,631