Idaho First Bank Mortgage Rates, Fees & Info
MCCALL, IDLEI: 549300SQ82MLLWN3PD61
Tax ID: 20-2307374
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage 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
206Origination Dollar Volume (All Markets)
$103,130,000Top 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 applications93.79%
Idaho First Bank has an average approval rate.
Pick Rate
Approvals leading to origination78.62%
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 |
