High Plains Bank Mortgage Rates, Fees & Info

Flagler, CO

LEI: 549300U72NFUEEEZB183

Tax ID: 84-0203776

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

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

    High Plains Bank is a smaller bank specializing in Home Purchase and Refi loans. High Plains Bank has a high proportion of conventional loans. Their top two markets are Boulder and Denver .

    High Plains Bank has an average approval rate when compared to the average across all lenders. They have an 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

    55

    Origination Dollar Volume (All Markets)

    $15,805,000

    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
    BOULDER, CO (FHA|USDA|VA) 21 $7,785,000 $370,714 $0 0.00%
    Outside of Metro Areas 24 $4,100,000 $170,833 $0 0.00%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 10 $3,920,000 $392,000 $0 0.00%
    High Plains Bank's top markets include Boulder and Denver among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 55 $15,805,000 $287,364 $0 0.00%

    For 2019, High Plains Bank's most frequently originated type of loan was Conventional, with 55 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 28 $8,640,000 $308,571 $0 0.00%
    Refi 15 $5,045,000 $336,333 $0 0.00%
    Cash Out Refi 8 $2,000,000 $250,000 $0 0.00%
    Other 3 $65,000 $21,667 $0 0.00%
    Home Improvement 1 $55,000 $55,000 $0 0.00%

    For 2019, High Plains Bank's most frequently cited loan purpose was Home Purchase, with 28 originations. The 2nd most popular reason was Refi, with 15 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 55 $15,805,000 $287,364 $0 0.00%

    For 2019, High Plains Bank's most frequently cited loan duration was Other, with 55 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 18 $4,890,000 $271,667 $0 0.00%
    $100,000 or less 13 $675,000 $51,923 $0 0.00%
    $400k-600k 12 $5,950,000 $495,833 $0 0.00%
    $100k-200k 10 $1,460,000 $146,000 $0 0.00%
    $1MM+ 2 $2,830,000 $1,415,000 $0 0.00%

    2019 saw High Plains Bank place emphasis on $200k-400k loans with 18 originations, totaling $4,890,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 8 $3,930,000 $491,250 $0 0.00%
    $150k-250k 8 $3,360,000 $420,000 $0 0.00%
    $50k-75k 8 $1,250,000 $156,250 $0 0.00%
    $75k-100k 7 $945,000 $135,000 $0 0.00%
    $50k or less 6 $560,000 $93,333 $0 0.00%
    $250k+ 4 $1,690,000 $422,500 $0 0.00%

    High Plains Bank lent most frequently to those with incomes in the $100k-150k range, with 8 originations. The second most popular income band? $150k-250k, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 55 $15,805,000 $287,364 $0 0.00%

    High Plains Bank lent most frequently to those with DTI ratios of Exempt%, with 55 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 41 $11,565,000 $282,073 $0 0.00%
    Not applicable 8 $2,420,000 $302,500 $0 0.00%
    Not provided 5 $1,735,000 $347,000 $0 0.00%
    Japanese 1 $85,000 $85,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    82.19%

    High Plains Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    90.91%

    High Plains Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 55 $15,805,000 $287,364

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 55 $15,805,000 $287,364