Points West Community Bank Mortgage Rates, Fees & Info

TORRINGTON, WY

LEI: 549300T2W7KSNSLZLF18

Tax ID: 47-0672087

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Points West Community Bank is a smaller bank specializing in Refi and Home Purchase loans. Points West Community Bank has a high proportion of conventional loans. They have a low ratio of USDA loans. Their top (well, only) market is Cheyenne.

    Points West Community Bank 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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    Originations

    118

    Origination Dollar Volume (All Markets)

    $9,160,000

    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
    Outside of Metro Areas 116 $9,060,000 $78,103 $0 0.00%
    CHEYENNE, WY (FHA|USDA|VA) 2 $100,000 $50,000 $0 0.00%
    Points West Community Bank's top markets include and Cheyenne among others.

    Their top states include:
  • (FHA|USDA|VA)
  • Wyoming (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 117 $9,095,000 $77,735 $0 0.00%
    USDA 1 $65,000 $65,000 $0 0.00%

    For 2018, Points West Community Bank's most frequently originated type of loan was Conventional, with 117 originations. Their 2nd most popular type was USDA, with 1 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 57 $4,245,000 $74,474 $0 0.00%
    Home Purchase 50 $4,180,000 $83,600 $0 0.00%
    Home Improvement 9 $485,000 $53,889 $0 0.00%
    Other 2 $250,000 $125,000 $0 0.00%

    For 2018, Points West Community Bank's most frequently cited loan purpose was Refi, with 57 originations. The 2nd most popular reason was Home Purchase, with 50 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 118 $9,160,000 $77,627 $0 0.00%

    For 2018, Points West Community Bank's most frequently cited loan duration was Other, with 118 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 92 $3,930,000 $42,717 $0 0.00%
    $100k-200k 14 $1,930,000 $137,857 $0 0.00%
    $200k-400k 11 $2,625,000 $238,636 $0 0.00%
    $600k-1MM 1 $675,000 $675,000 $0 0.00%

    2018 saw Points West Community Bank place emphasis on $100,000 or less loans with 92 originations, totaling $3,930,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 25 $1,615,000 $64,600 $0 0.00%
    $100k-150k 21 $1,185,000 $56,429 $0 0.00%
    $75k-100k 20 $1,470,000 $73,500 $0 0.00%
    $50k or less 19 $765,000 $40,263 $0 0.00%
    $150k-250k 8 $1,070,000 $133,750 $0 0.00%
    $250k+ 4 $630,000 $157,500 $0 0.00%

    Points West Community Bank lent most frequently to those with incomes in the $50k-75k range, with 25 originations. The second most popular income band? $100k-150k, with 21 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 118 $9,160,000 $77,627 $0 0.00%

    Points West Community Bank lent most frequently to those with DTI ratios of Exempt%, with 118 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 99 $7,025,000 $70,960 $0 0.00%
    Not applicable 16 $2,020,000 $126,250 $0 0.00%
    American Indian 2 $90,000 $45,000 $0 0.00%
    Asian 1 $25,000 $25,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    94.29%

    Points West Community Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.14%

    Points West Community Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 118 $9,160,000 $77,627

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 2 $270,000 $135,000
    Multifamily:Site-Built 19 $1,985,000 $104,474
    Single Family (1-4 Units):Manufactured 9 $335,000 $37,222
    Single Family (1-4 Units):Site-Built 88 $6,570,000 $74,659

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    PENTAGON FEDERAL CREDIT UNION Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 11.1%
    PENTAGON FEDERAL CREDIT UNION Conventional home mortgage Incorrect information on your report 1 5.6%
    PENTAGON FEDERAL CREDIT UNION Conventional home mortgage Trouble during payment process 3 16.7%
    PENTAGON FEDERAL CREDIT UNION Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 2 11.1%
    PENTAGON FEDERAL CREDIT UNION Home equity loan or line of credit (HELOC) Trouble during payment process 3 16.7%
    PENTAGON FEDERAL CREDIT UNION Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 5.6%
    PENTAGON FEDERAL CREDIT UNION Other type of mortgage Closing on a mortgage 1 5.6%
    PENTAGON FEDERAL CREDIT UNION Other type of mortgage Struggling to pay mortgage 2 11.1%
    PENTAGON FEDERAL CREDIT UNION Other type of mortgage Trouble during payment process 2 11.1%
    PENTAGON FEDERAL CREDIT UNION Other type of mortgage Unable to get your credit report or credit score 1 5.6%