Northpointe Bank Mortgage Rates, Fees & Info

Grand Rapids, MI

LEI: 549300UXY7OP0IC38293

Tax ID: 38-3448372

2020 Data | 2019 Data | 2018 Data


Overview

Northpointe Bank is a mid-sized bank specializing in Refi and Home Purchase loans. Northpointe Bank 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 include Atlanta, Denver, Colorado Springs, Grand Rapids, and Providence among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Northpointe Bank is typically an average fee lendor.


Originations

26,127

Origination Dollar Volume (All Markets)

$7,471,415,000

Employee count

1,040

Relative Rate

Northpointe Bank's average 30 year fixed rate mortgage was 3.39%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of 0.03%.

Relative Fees

Northpointe Bank's average total fees for a 30 year fixed rate mortgage are $4,629.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 21,768 $6,269,950,000 $288,035 $3,817 3.17%
FHA 2,491 $626,315,000 $251,431 $8,898 3.32%
VA 1,585 $523,555,000 $330,319 $6,181 3.02%
USDA 283 $51,595,000 $182,314 $5,575 3.18%

For the 2020 period, Northpointe Bank's most frequently originated loan type was Conventional, with 21,768 originations. Their 2nd most popular type is FHA, with 2,491 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 11,357 $3,309,585,000 $291,414 $3,420 3.02%
Home Purchase 10,160 $2,856,100,000 $281,112 $5,885 3.32%
Cash Out Refi 4,610 $1,305,730,000 $283,239 $4,185 3.23%

For the 2020, Northpointe Bank's most frequently cited loan purpose was Refi, with 11,357 originations. The 2nd most popular reason was Home Purchase, with 10,160 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 20,561 $6,018,745,000 $292,726 $4,860 3.29%
15 Year 4,029 $1,035,085,000 $256,909 $3,127 2.65%
20 Year 877 $240,485,000 $274,213 $3,440 3.08%
Other 464 $135,480,000 $291,983 $3,286 3.13%
10 Year 191 $37,475,000 $196,204 $2,843 2.50%
30+ year 3 $3,655,000 $1,218,333 $13,126 3.50%
1 Year 1 $325,000 $325,000 $9,091 3.63%
3 Year 1 $165,000 $165,000 $0 6.50%

For the 2020, Northpointe Bank's most frequently cited loan length was 30 Year, with 20,561 originations. The 2nd most popular length was 15 Year, with 4,029 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 11,369 $3,218,885,000 $283,128
$<1k 7,111 $1,947,305,000 $273,844
$2k-3k 2,466 $680,430,000 $275,925
$3k-4k 2,446 $786,130,000 $321,394
$5k+ 1,124 $520,400,000 $462,989

$4,629 was Northpointe Bank's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 11,369 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 2,191 $719,715,000 $328,487 $4,172 3.19%
DENVER-AURORA-LAKEWOOD, CO 1,785 $620,555,000 $347,650 $5,286 3.31%
COLORADO SPRINGS, CO 1,329 $442,335,000 $332,833 $5,362 3.21%
Outside of Metro Areas 1,595 $383,085,000 $240,179 $4,183 3.18%
GRAND RAPIDS-KENTWOOD, MI 1,541 $360,565,000 $233,981 $3,160 3.09%
PROVIDENCE-WARWICK, RI-MA 1,170 $314,040,000 $268,410 $5,168 3.23%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 465 $180,575,000 $388,333 $3,441 2.96%
NEWARK, NJ-PA 479 $171,315,000 $357,651 $6,919 3.09%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 503 $128,335,000 $255,139 $4,084 3.25%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 325 $125,565,000 $386,354 $7,588 3.17%
SALT LAKE CITY, UT 329 $121,805,000 $370,228 $6,555 3.17%
HARRISBURG-CARLISLE, PA 536 $117,840,000 $219,851 $5,055 3.09%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 365 $107,635,000 $294,890 $4,787 3.08%
INDIANAPOLIS-CARMEL-ANDERSON, IN 478 $106,520,000 $222,845 $3,029 3.36%
CHICAGO-NAPERVILLE-EVANSTON, IL 361 $102,555,000 $284,086 $2,819 3.08%
NEW BRUNSWICK-LAKEWOOD, NJ 260 $90,420,000 $347,769 $5,811 3.06%
READING, PA 471 $89,135,000 $189,246 $5,626 3.23%
GRAND JUNCTION, CO 320 $80,750,000 $252,344 $5,037 3.20%
SAN ANTONIO-NEW BRAUNFELS, TX 292 $79,950,000 $273,801 $6,150 3.21%
NORTH PORT-SARASOTA-BRADENTON, FL 220 $75,630,000 $343,773 $4,972 3.24%
PHOENIX-MESA-CHANDLER, AZ 253 $75,235,000 $297,372 $3,488 3.10%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 248 $74,970,000 $302,298 $5,509 3.22%
RENO, NV 225 $70,685,000 $314,156 $4,658 3.14%
CHARLESTON-NORTH CHARLESTON, SC 253 $69,785,000 $275,830 $3,949 3.19%
LOS ANGELES-LONG BEACH-GLENDALE, CA 166 $68,860,000 $414,819 $3,246 3.11%
CAPE CORAL-FORT MYERS, FL 236 $65,720,000 $278,475 $4,765 3.30%
WARREN-TROY-FARMINGTON HILLS, MI 237 $63,795,000 $269,177 $2,806 3.08%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 195 $61,085,000 $313,256 $4,743 3.10%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 203 $60,955,000 $300,271 $4,093 3.02%
SEATTLE-BELLEVUE-KENT, WA 130 $53,960,000 $415,077 $4,568 3.21%
ANAHEIM-SANTA ANA-IRVINE, CA 127 $53,275,000 $419,488 $3,589 3.07%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 260 $52,940,000 $203,615 $3,581 3.24%
BIRMINGHAM-HOOVER, AL 270 $50,750,000 $187,963 $5,306 3.40%
LAS VEGAS-HENDERSON-PARADISE, NV 162 $47,940,000 $295,926 $3,698 3.15%
CAMDEN, NJ 213 $46,705,000 $219,272 $4,104 3.03%
LEXINGTON-FAYETTE, KY 238 $46,680,000 $196,134 $3,396 3.14%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 115 $46,105,000 $400,913 $3,315 3.00%
BOSTON, MA 124 $46,100,000 $371,774 $4,522 3.10%
RALEIGH-CARY, NC 151 $45,155,000 $299,040 $3,123 2.93%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 149 $44,735,000 $300,235 $5,882 3.15%
YORK-HANOVER, PA 196 $42,080,000 $214,694 $5,378 3.06%
DALLAS-PLANO-IRVING, TX 144 $40,420,000 $280,694 $4,849 3.02%
KALAMAZOO-PORTAGE, MI 151 $39,775,000 $263,411 $2,899 3.08%
BALTIMORE-COLUMBIA-TOWSON, MD 114 $39,680,000 $348,070 $3,444 2.90%
OGDEN-CLEARFIELD, UT 126 $38,320,000 $304,127 $5,060 3.16%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 131 $38,125,000 $291,031 $2,802 2.94%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 125 $37,545,000 $300,360 $5,213 3.03%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 122 $36,470,000 $298,934 $4,464 3.08%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 97 $36,405,000 $375,309 $4,642 3.13%
WILMINGTON, DE-MD-NJ 142 $35,870,000 $252,606 $5,104 3.14%
NAPLES-MARCO ISLAND, FL 111 $35,735,000 $321,937 $5,307 3.27%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 107 $34,205,000 $319,673 $3,601 3.21%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 93 $31,915,000 $343,172 $3,304 3.10%
GREELEY, CO 96 $30,810,000 $320,938 $5,746 3.36%
MIAMI-MIAMI BEACH-KENDALL, FL 94 $30,270,000 $322,021 $7,113 3.36%
PORT ST. LUCIE, FL 111 $30,095,000 $271,126 $5,134 3.07%
OAKLAND-BERKELEY-LIVERMORE, CA 71 $29,725,000 $418,662 $3,410 2.97%
COLUMBUS, OH 123 $29,285,000 $238,089 $4,370 3.20%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 73 $28,995,000 $397,192 $3,726 2.92%
CINCINNATI, OH-KY-IN 119 $28,965,000 $243,403 $3,764 3.16%
ORLANDO-KISSIMMEE-SANFORD, FL 100 $27,860,000 $278,600 $4,582 3.21%
WILMINGTON, NC 105 $27,545,000 $262,333 $3,626 3.09%
SPOKANE-SPOKANE VALLEY, WA 107 $27,315,000 $255,280 $5,084 3.18%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 97 $26,105,000 $269,124 $5,125 3.36%
SPRINGFIELD, MO 138 $25,500,000 $184,783 $2,356 2.88%
WORCESTER, MA-CT 80 $22,720,000 $284,000 $4,981 3.09%
SALISBURY, MD-DE 84 $22,460,000 $267,381 $4,576 3.01%
PROVO-OREM, UT 73 $22,455,000 $307,603 $5,139 3.13%
DOVER, DE 104 $22,450,000 $215,865 $5,496 3.23%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 89 $21,675,000 $243,539 $5,260 3.07%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 79 $21,625,000 $273,734 $4,418 3.08%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 62 $18,730,000 $302,097 $2,577 3.09%
JACKSONVILLE, FL 59 $18,725,000 $317,373 $4,347 3.20%
LANSING-EAST LANSING, MI 111 $18,665,000 $168,153 $3,213 3.29%
CHAMBERSBURG-WAYNESBORO, PA 92 $16,980,000 $184,565 $5,027 3.18%
PUEBLO, CO 77 $16,935,000 $219,935 $5,716 3.25%
DETROIT-DEARBORN-LIVONIA, MI 67 $16,175,000 $241,418 $2,947 3.33%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 67 $15,785,000 $235,597 $3,518 3.20%
MUSKEGON, MI 84 $15,530,000 $184,881 $3,152 3.23%
CLEVELAND-ELYRIA, OH 94 $15,100,000 $160,638 $3,677 3.77%
BOULDER, CO 38 $14,980,000 $394,211 $4,570 3.14%
NASSAU COUNTY-SUFFOLK COUNTY, NY 31 $14,505,000 $467,903 $7,258 3.03%
PHILADELPHIA, PA 57 $14,475,000 $253,947 $5,166 3.04%
FORT COLLINS, CO 41 $13,945,000 $340,122 $5,032 3.24%
LANCASTER, PA 62 $13,530,000 $218,226 $5,312 3.01%
HILTON HEAD ISLAND-BLUFFTON, SC 54 $13,250,000 $245,370 $4,821 3.27%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 29 $12,455,000 $429,483 $2,731 2.85%
BOISE CITY, ID 35 $12,135,000 $346,714 $3,959 3.14%
RICHMOND, VA 42 $12,010,000 $285,952 $3,898 3.01%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 21 $11,655,000 $555,000 $3,016 3.29%
GREENVILLE-ANDERSON, SC 44 $11,280,000 $256,364 $3,110 3.02%
STOCKTON, CA 34 $10,710,000 $315,000 $3,950 3.37%
KANSAS CITY, MO-KS 39 $10,555,000 $270,641 $3,205 3.18%
GAINESVILLE, GA 35 $10,465,000 $299,000 $3,407 3.16%
ST. LOUIS, MO-IL 71 $10,235,000 $144,155 $3,081 3.78%
OCALA, FL 47 $9,855,000 $209,681 $4,250 3.40%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 43 $9,775,000 $227,326 $5,685 3.24%
MEMPHIS, TN-MS-AR 57 $9,715,000 $170,439 $4,011 3.97%
COEUR D'ALENE, ID 32 $9,620,000 $300,625 $3,756 3.23%
BRIDGEPORT-STAMFORD-NORWALK, CT 29 $9,225,000 $318,103 $4,171 3.26%
ELGIN, IL 34 $9,220,000 $271,176 $3,484 3.03%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 28 $9,180,000 $327,857 $4,592 3.23%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 31 $8,745,000 $282,097 $3,293 3.12%
TACOMA-LAKEWOOD, WA 26 $8,720,000 $335,385 $4,326 3.22%
FORT WAYNE, IN 39 $8,505,000 $218,077 $3,022 3.16%
CLARKSVILLE, TN-KY 36 $8,280,000 $230,000 $6,029 2.92%
PITTSBURGH, PA 29 $8,185,000 $282,241 $5,718 3.21%
TUCSON, AZ 34 $8,030,000 $236,176 $3,430 3.09%
HICKORY-LENOIR-MORGANTON, NC 33 $7,835,000 $237,424 $4,426 3.24%
ALBUQUERQUE, NM 32 $7,810,000 $244,063 $3,939 3.13%
LOGAN, UT-ID 32 $7,530,000 $235,313 $4,181 2.97%
ANN ARBOR, MI 27 $7,495,000 $277,593 $2,567 2.99%
OXNARD-THOUSAND OAKS-VENTURA, CA 19 $7,265,000 $382,368 $5,342 3.16%
WINSTON-SALEM, NC 31 $7,245,000 $233,710 $3,756 3.08%
LEBANON, PA 33 $7,125,000 $215,909 $5,148 3.05%
SAN LUIS OBISPO-PASO ROBLES, CA 16 $6,980,000 $436,250 $5,139 3.24%
DURHAM-CHAPEL HILL, NC 24 $6,890,000 $287,083 $3,269 2.98%
ASHEVILLE, NC 24 $6,860,000 $285,833 $3,255 3.08%
GREENVILLE, NC 31 $6,765,000 $218,226 $3,589 3.24%
SANTA CRUZ-WATSONVILLE, CA 14 $6,590,000 $470,714 $2,607 3.09%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 19 $6,555,000 $345,000 $3,069 3.09%
PUNTA GORDA, FL 23 $6,545,000 $284,565 $5,717 3.33%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 26 $6,520,000 $250,769 $4,215 2.79%
CHARLOTTESVILLE, VA 18 $6,380,000 $354,444 $3,919 3.08%
COLUMBIA, SC 27 $6,275,000 $232,407 $3,378 3.02%
SANTA ROSA-PETALUMA, CA 14 $6,260,000 $447,143 $4,139 3.09%
SANTA MARIA-SANTA BARBARA, CA 12 $6,230,000 $519,167 $3,195 3.30%
GETTYSBURG, PA 27 $6,175,000 $228,704 $5,314 3.18%
NEW ORLEANS-METAIRIE, LA 25 $6,115,000 $244,600 $5,420 3.02%
FRESNO, CA 17 $6,065,000 $356,765 $4,087 3.18%
BARNSTABLE TOWN, MA 20 $6,030,000 $301,500 $4,745 3.10%
FAYETTEVILLE, NC 25 $5,875,000 $235,000 $5,920 3.08%
OCEAN CITY, NJ 17 $5,795,000 $340,882 $5,087 3.03%
PALM BAY-MELBOURNE-TITUSVILLE, FL 21 $5,705,000 $271,667 $4,288 3.14%
FLINT, MI 29 $5,685,000 $196,034 $2,666 3.28%
GREENSBORO-HIGH POINT, NC 21 $5,605,000 $266,905 $3,900 2.96%
PORTLAND-SOUTH PORTLAND, ME 18 $5,430,000 $301,667 $3,433 3.06%
TRENTON-PRINCETON, NJ 20 $5,290,000 $264,500 $3,468 3.18%
MILWAUKEE-WAUKESHA, WI 27 $5,265,000 $195,000 $2,854 3.66%
CHATTANOOGA, TN-GA 19 $4,805,000 $252,895 $4,472 3.05%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 15 $4,785,000 $319,000 $3,406 3.03%
ATHENS-CLARKE COUNTY, GA 13 $4,575,000 $351,923 $4,057 2.99%
SAVANNAH, GA 16 $4,570,000 $285,625 $4,501 3.47%
AUGUSTA-RICHMOND COUNTY, GA-SC 25 $4,485,000 $179,400 $5,132 3.57%
GARY, IN 29 $4,465,000 $153,966 $2,439 3.83%
SALEM, OR 15 $4,325,000 $288,333 $4,247 3.06%
MANCHESTER-NASHUA, NH 14 $4,270,000 $305,000 $3,488 2.96%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 15 $3,975,000 $265,000 $3,435 3.27%
DES MOINES-WEST DES MOINES, IA 18 $3,970,000 $220,556 $3,164 2.81%
VISALIA, CA 14 $3,960,000 $282,857 $2,911 3.21%
OMAHA-COUNCIL BLUFFS, NE-IA 17 $3,845,000 $226,176 $3,128 2.75%
AKRON, OH 19 $3,785,000 $199,211 $3,212 3.28%
DAYTON-KETTERING, OH 16 $3,780,000 $236,250 $4,562 3.27%
ATLANTIC CITY-HAMMONTON, NJ 17 $3,615,000 $212,647 $4,406 3.22%
BEND, OR 10 $3,580,000 $358,000 $7,021 3.00%
BLOOMINGTON, IN 17 $3,565,000 $209,706 $3,114 3.46%
HUNTSVILLE, AL 18 $3,540,000 $196,667 $2,975 3.30%
LAKELAND-WINTER HAVEN, FL 11 $3,515,000 $319,545 $9,729 3.88%
ST. GEORGE, UT 11 $3,495,000 $317,727 $3,195 3.47%
PRESCOTT VALLEY-PRESCOTT, AZ 12 $3,350,000 $279,167 $2,985 3.25%
TUSCALOOSA, AL 15 $3,325,000 $221,667 $5,009 3.33%
URBAN HONOLULU, HI 7 $3,295,000 $470,714 $4,420 2.98%
KNOXVILLE, TN 12 $3,280,000 $273,333 $3,878 3.26%
KILLEEN-TEMPLE, TX 15 $3,265,000 $217,667 $4,608 2.77%
SHERMAN-DENISON, TX 11 $3,245,000 $295,000 $3,833 3.00%
SPARTANBURG, SC 13 $3,195,000 $245,769 $4,166 3.16%
MADISON, WI 11 $3,185,000 $289,545 $2,339 3.00%
IOWA CITY, IA 14 $3,170,000 $226,429 $2,835 3.00%
OLYMPIA-LACEY-TUMWATER, WA 10 $3,120,000 $312,000 $3,322 2.96%
SAN RAFAEL, CA 6 $3,010,000 $501,667 $2,583 3.15%
SANTA FE, NM 9 $2,965,000 $329,444 $4,002 3.07%
CORPUS CHRISTI, TX 9 $2,925,000 $325,000 $5,032 3.07%
MONTGOMERY, AL 20 $2,830,000 $141,500 $3,845 3.81%
JACKSON, MI 18 $2,790,000 $155,000 $3,532 3.27%
HAGERSTOWN-MARTINSBURG, MD-WV 12 $2,740,000 $228,333 $4,285 3.15%
DAPHNE-FAIRHOPE-FOLEY, AL 12 $2,730,000 $227,500 $3,366 3.18%
MISSOULA, MT 8 $2,650,000 $331,250 $4,161 3.12%
PENSACOLA-FERRY PASS-BRENT, FL 10 $2,650,000 $265,000 $3,962 3.06%
LONGVIEW, WA 4 $2,610,000 $652,500 $7,464 3.31%
GAINESVILLE, FL 9 $2,585,000 $287,222 $5,233 3.10%
MEDFORD, OR 5 $2,575,000 $515,000 $12,208 3.45%
SPRINGFIELD, MA 11 $2,545,000 $231,364 $4,194 2.96%
NORWICH-NEW LONDON, CT 10 $2,530,000 $253,000 $5,497 3.13%
THE VILLAGES, FL 11 $2,495,000 $226,818 $3,551 2.89%
KENNEWICK-RICHLAND, WA 9 $2,355,000 $261,667 $3,636 2.72%
TOLEDO, OH 11 $2,345,000 $213,182 $5,054 3.56%
JOPLIN, MO 13 $2,285,000 $175,769 $2,452 2.92%
BAKERSFIELD, CA 8 $2,270,000 $283,750 $2,925 3.15%
SEBASTIAN-VERO BEACH, FL 6 $2,180,000 $363,333 $9,355 2.75%
OKLAHOMA CITY, OK 10 $2,160,000 $216,000 $4,555 2.94%
VALLEJO, CA 6 $2,150,000 $358,333 $3,514 3.04%
SOUTH BEND-MISHAWAKA, IN-MI 20 $2,060,000 $103,000 $2,697 4.11%
LAKE HAVASU CITY-KINGMAN, AZ 7 $2,045,000 $292,143 $3,572 3.70%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 8 $2,020,000 $252,500 $6,803 3.02%
JACKSON, MS 13 $1,985,000 $152,692 $2,138 4.27%
CARSON CITY, NV 6 $1,890,000 $315,000 $7,947 2.85%
FLAGSTAFF, AZ 8 $1,860,000 $232,500 $3,037 3.27%
NEW HAVEN-MILFORD, CT 8 $1,800,000 $225,000 $4,434 3.56%
BRUNSWICK, GA 5 $1,795,000 $359,000 $3,905 2.93%
MOBILE, AL 13 $1,765,000 $135,769 $3,416 3.88%
BATON ROUGE, LA 6 $1,710,000 $285,000 $4,457 3.00%
NILES, MI 8 $1,670,000 $208,750 $2,502 2.95%
HINESVILLE, GA 9 $1,655,000 $183,889 $5,834 2.81%
MODESTO, CA 7 $1,645,000 $235,000 $2,212 3.34%
LINCOLN, NE 6 $1,620,000 $270,000 $2,964 3.33%
EAST STROUDSBURG, PA 7 $1,545,000 $220,714 $5,041 3.06%
ROANOKE, VA 6 $1,540,000 $256,667 $2,706 2.83%
CANTON-MASSILLON, OH 7 $1,515,000 $216,429 $3,605 3.08%
PANAMA CITY, FL 5 $1,515,000 $303,000 $6,380 3.13%
FLORENCE, SC 6 $1,500,000 $250,000 $4,205 2.92%
FLORENCE-MUSCLE SHOALS, AL 8 $1,500,000 $187,500 $3,495 3.20%
CALIFORNIA-LEXINGTON PARK, MD 5 $1,495,000 $299,000 $2,614 3.30%
BELLINGHAM, WA 6 $1,480,000 $246,667 $2,438 2.73%
GULFPORT-BILOXI, MS 8 $1,430,000 $178,750 $2,586 3.39%
COLLEGE STATION-BRYAN, TX 4 $1,370,000 $342,500 $5,478 2.91%
APPLETON, WI 5 $1,345,000 $269,000 $5,572 3.16%
COLUMBUS, GA-AL 7 $1,345,000 $192,143 $3,599 3.68%
TYLER, TX 6 $1,320,000 $220,000 $4,131 3.51%
NAPA, CA 3 $1,305,000 $435,000 $2,984 3.08%
BUFFALO-CHEEKTOWAGA, NY 5 $1,305,000 $261,000 $4,127 3.04%
SALINAS, CA 4 $1,300,000 $325,000 $4,040 3.47%
HOMOSASSA SPRINGS, FL 6 $1,270,000 $211,667 $4,516 3.59%
JACKSONVILLE, NC 8 $1,260,000 $157,500 $3,519 3.62%
MIDLAND, TX 3 $1,255,000 $418,333 $13,846 3.03%
MONROE, MI 7 $1,235,000 $176,429 $2,901 3.09%
MACON-BIBB COUNTY, GA 6 $1,230,000 $205,000 $4,881 3.22%
TULSA, OK 7 $1,215,000 $173,571 $6,386 3.29%
WINCHESTER, VA-WV 4 $1,210,000 $302,500 $2,628 2.71%
EVANSVILLE, IN-KY 7 $1,205,000 $172,143 $2,572 3.48%
WARNER ROBINS, GA 6 $1,150,000 $191,667 $4,631 2.88%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 6 $1,140,000 $190,000 $3,124 3.51%
SAGINAW, MI 6 $1,100,000 $183,333 $2,867 3.20%
EUGENE-SPRINGFIELD, OR 3 $1,085,000 $361,667 $5,322 2.92%
STATE COLLEGE, PA 5 $1,075,000 $215,000 $4,910 2.60%
AUBURN-OPELIKA, AL 4 $1,070,000 $267,500 $4,236 2.99%
GREEN BAY, WI 4 $1,030,000 $257,500 $2,359 3.86%
CLEVELAND, TN 5 $1,015,000 $203,000 $3,708 2.80%
ST. CLOUD, MN 3 $1,015,000 $338,333 $2,859 2.92%
MERCED, CA 4 $1,010,000 $252,500 $3,310 3.59%
PITTSFIELD, MA 3 $1,005,000 $335,000 $3,623 2.96%
EL PASO, TX 6 $990,000 $165,000 $2,847 2.71%
ROME, GA 4 $990,000 $247,500 $4,548 3.41%
HOT SPRINGS, AR 3 $965,000 $321,667 $3,988 2.82%
CHICO, CA 3 $955,000 $318,333 $2,008 3.21%
SCRANTON--WILKES-BARRE, PA 6 $910,000 $151,667 $4,498 3.22%
BROWNSVILLE-HARLINGEN, TX 4 $900,000 $225,000 $4,575 3.72%
ROCHESTER, NY 4 $880,000 $220,000 $4,193 2.84%
ALBANY-SCHENECTADY-TROY, NY 4 $870,000 $217,500 $4,872 3.34%
BECKLEY, WV 2 $860,000 $430,000 $3,747 2.75%
TALLAHASSEE, FL 3 $845,000 $281,667 $11,946 3.11%
BLACKSBURG-CHRISTIANSBURG, VA 3 $845,000 $281,667 $2,881 3.04%
REDDING, CA 3 $835,000 $278,333 $2,472 3.11%
BATTLE CREEK, MI 6 $810,000 $135,000 $3,428 3.00%
TERRE HAUTE, IN 4 $810,000 $202,500 $3,272 3.33%
NEW BERN, NC 3 $805,000 $268,333 $2,709 2.96%
LYNCHBURG, VA 3 $805,000 $268,333 $2,897 3.00%
BURLINGTON, NC 6 $790,000 $131,667 $2,997 2.78%
SHREVEPORT-BOSSIER CITY, LA 4 $750,000 $187,500 $3,016 2.88%
HOUMA-THIBODAUX, LA 4 $740,000 $185,000 $3,892 3.00%
SEBRING-AVON PARK, FL 3 $735,000 $245,000 $4,066 5.00%
YAKIMA, WA 3 $735,000 $245,000 $6,513 3.17%
SPRINGFIELD, OH 3 $715,000 $238,333 $6,024 2.96%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 3 $695,000 $231,667 $2,521 2.96%
YUBA CITY, CA 3 $695,000 $231,667 $3,945 2.98%
VALDOSTA, GA 4 $690,000 $172,500 $5,856 3.16%
CAPE GIRARDEAU, MO-IL 2 $680,000 $340,000 $2,264 3.06%
ANNISTON-OXFORD, AL 3 $675,000 $225,000 $4,455 2.88%
MOUNT VERNON-ANACORTES, WA 2 $650,000 $325,000 $10,604 3.06%
MICHIGAN CITY-LA PORTE, IN 3 $645,000 $215,000 $2,974 3.21%
MIDLAND, MI 4 $640,000 $160,000 $2,340 2.99%
KINGSTON, NY 2 $630,000 $315,000 $3,980 2.88%
CHARLESTON, WV 3 $625,000 $208,333 $3,094 2.75%
IDAHO FALLS, ID 2 $610,000 $305,000 $4,670 3.19%
HATTIESBURG, MS 2 $600,000 $300,000 $3,024 2.69%
ELIZABETHTOWN-FORT KNOX, KY 3 $595,000 $198,333 $6,268 3.54%
STAUNTON, VA 2 $590,000 $295,000 $3,419 3.06%
LAFAYETTE-WEST LAFAYETTE, IN 3 $575,000 $191,667 $2,308 3.04%
MANKATO, MN 2 $570,000 $285,000 $2,499 3.31%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 3 $565,000 $188,333 $5,174 2.92%
CORVALLIS, OR 2 $560,000 $280,000 $3,259 3.00%
ANCHORAGE, AK 2 $550,000 $275,000 $2,524 3.06%
ROCKFORD, IL 4 $540,000 $135,000 $3,448 3.38%
KAHULUI-WAILUKU-LAHAINA, HI 1 $535,000 $535,000 $3,351 3.00%
COLUMBUS, IN 3 $525,000 $175,000 $2,520 2.73%
LIMA, OH 2 $510,000 $255,000 $3,830 2.69%
BAY CITY, MI 3 $505,000 $168,333 $2,420 2.67%
BOWLING GREEN, KY 3 $505,000 $168,333 $3,495 3.33%
GADSDEN, AL 2 $500,000 $250,000 $8,713 2.69%
ERIE, PA 2 $490,000 $245,000 $7,791 2.88%
MADERA, CA 2 $490,000 $245,000 $2,541 3.38%
EAU CLAIRE, WI 3 $485,000 $161,667 $2,837 2.90%
WALLA WALLA, WA 2 $480,000 $240,000 $3,891 3.31%
WACO, TX 3 $455,000 $151,667 $8,143 3.50%
SPRINGFIELD, IL 2 $450,000 $225,000 $1,982 3.19%
ALBANY, GA 2 $450,000 $225,000 $4,456 3.19%
SYRACUSE, NY 3 $445,000 $148,333 $2,791 3.08%
LEWISTON-AUBURN, ME 2 $440,000 $220,000 $2,114 2.75%
LAFAYETTE, LA 3 $435,000 $145,000 $4,025 3.32%
YUMA, AZ 2 $430,000 $215,000 $2,382 2.81%
KINGSPORT-BRISTOL, TN-VA 3 $415,000 $138,333 $2,406 2.96%
HAMMOND, LA 1 $415,000 $415,000 $2,725 3.63%
DULUTH, MN-WI 1 $395,000 $395,000 $2,808 2.63%
TEXARKANA, TX-AR 1 $395,000 $395,000 $4,964 3.00%
LAS CRUCES, NM 2 $390,000 $195,000 $2,404 2.69%
DECATUR, AL 2 $390,000 $195,000 $7,566 3.31%
CEDAR RAPIDS, IA 3 $385,000 $128,333 $2,383 2.75%
PEORIA, IL 2 $380,000 $190,000 $3,463 3.19%
MCALLEN-EDINBURG-MISSION, TX 3 $375,000 $125,000 $3,449 3.29%
JANESVILLE-BELOIT, WI 1 $355,000 $355,000 $3,502 2.88%
SIERRA VISTA-DOUGLAS, AZ 1 $345,000 $345,000 $7,759 3.25%
HARRISONBURG, VA 2 $340,000 $170,000 $2,305 2.56%
KANKAKEE, IL 1 $325,000 $325,000 $3,963 2.75%
BEAUMONT-PORT ARTHUR, TX 3 $325,000 $108,333 $3,381 2.92%
VINELAND-BRIDGETON, NJ 2 $320,000 $160,000 $4,723 2.81%
BILLINGS, MT 2 $320,000 $160,000 $6,339 3.19%
ABILENE, TX 1 $315,000 $315,000 $11,823 3.75%
DUBUQUE, IA 1 $315,000 $315,000 $2,642 2.88%
OWENSBORO, KY 1 $305,000 $305,000 $3,699 4.00%
CHEYENNE, WY 1 $295,000 $295,000 $2,375 2.95%
CASPER, WY 1 $285,000 $285,000 $5,915 3.13%
ELKHART-GOSHEN, IN 2 $270,000 $135,000 $2,301 2.94%
COLUMBIA, MO 1 $265,000 $265,000 $5,461 3.13%
SUMTER, SC 1 $265,000 $265,000 $3,412 2.88%
WATERLOO-CEDAR FALLS, IA 2 $260,000 $130,000 $2,927 2.88%
WICHITA, KS 1 $255,000 $255,000 $2,043 2.95%
LAKE CHARLES, LA 1 $255,000 $255,000 $3,554 3.38%
HANFORD-CORCORAN, CA 1 $255,000 $255,000 $2,450 2.88%
DALTON, GA 1 $245,000 $245,000 $3,949 3.13%
ROCHESTER, MN 1 $235,000 $235,000 $8,209 2.88%
KOKOMO, IN 1 $235,000 $235,000 $393 2.75%
SIOUX FALLS, SD 1 $235,000 $235,000 $3,053 2.88%
ALEXANDRIA, LA 1 $235,000 $235,000 $2,395 3.13%
MUNCIE, IN 2 $230,000 $115,000 $2,039 3.75%
WENATCHEE, WA 1 $225,000 $225,000 $1,650 3.63%
MANHATTAN, KS 1 $225,000 $225,000 $4,839 2.75%
WAUSAU-WESTON, WI 1 $225,000 $225,000 $2,572 2.88%
BANGOR, ME 1 $225,000 $225,000 $3,832 2.95%
EL CENTRO, CA 1 $215,000 $215,000 $1,825 3.25%
OSHKOSH-NEENAH, WI 1 $205,000 $205,000 $2,043 2.88%
LONGVIEW, TX 2 $200,000 $100,000 $4,769 2.75%
LEWISTON, ID-WA 1 $195,000 $195,000 $4,825 2.50%
CUMBERLAND, MD-WV 1 $185,000 $185,000 $6,490 3.63%
ODESSA, TX 1 $185,000 $185,000 $3,242 3.50%
BINGHAMTON, NY 1 $185,000 $185,000 $2,253 2.63%
LUBBOCK, TX 1 $175,000 $175,000 $4,180 2.88%
WATERTOWN-FORT DRUM, NY 1 $175,000 $175,000 $7,473 2.88%
CHAMPAIGN-URBANA, IL 1 $165,000 $165,000 $2,340 2.88%
DECATUR, IL 2 $160,000 $80,000 $0 5.69%
FARMINGTON, NM 1 $155,000 $155,000 $3,025 2.38%
GRAND ISLAND, NE 1 $155,000 $155,000 $2,654 2.75%
LAREDO, TX 1 $155,000 $155,000 $3,411 3.50%
TOPEKA, KS 1 $155,000 $155,000 $3,354 2.75%
RACINE, WI 1 $145,000 $145,000 $3,533 2.75%
JOHNSTOWN, PA 1 $145,000 $145,000 $4,822 4.38%
AMARILLO, TX 1 $145,000 $145,000 $4,948 3.75%
MONROE, LA 1 $145,000 $145,000 $3,420 3.50%
RAPID CITY, SD 1 $135,000 $135,000 $0 5.13%
GLENS FALLS, NY 1 $115,000 $115,000 $3,140 2.95%
WILLIAMSPORT, PA 1 $115,000 $115,000 $0 3.88%
UTICA-ROME, NY 1 $105,000 $105,000 $3,049 2.50%
JEFFERSON CITY, MO 1 $105,000 $105,000 $3,564 3.25%

Northpointe Bank's top markets include Atlanta, Denver, Colorado Springs, Grand Rapids, and Providence among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 11,560 $3,384,740,000 $292,798
2.5-3% 10,424 $3,025,660,000 $290,259
<2.5% 2,434 $666,700,000 $273,911
4-5% 1,313 $326,795,000 $248,892
5-6% 377 $62,295,000 $165,239
6-7% 12 $3,710,000 $309,167
7-8% 7 $1,515,000 $216,429

During 2020, Northpointe Bank's average interest rate was 3.39%, while their most frequently originated rate bucket was 3-4%, with 11,560 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 13,680 $3,931,510,000 $287,391 $4,586 3.12%
$100k-200k 6,383 $994,535,000 $155,810 $3,636 3.19%
$400k-600k 4,317 $2,027,305,000 $469,610 $5,200 3.11%
$100,000 or less 1,223 $89,755,000 $73,389 $2,781 3.83%
$600k-1MM 440 $317,400,000 $721,364 $8,452 3.38%
$1MM+ 84 $110,910,000 $1,320,357 $12,337 3.67%

2020 saw Northpointe Bank place emphasis on $200k-400k loans with 13,680 originations, totaling $3,931,510,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 6,273 $1,907,265,000 $304,044 $4,338 3.15%
$50k-75k 5,219 $1,153,735,000 $221,064 $4,754 3.19%
$150k-250k 4,646 $1,648,400,000 $354,800 $4,354 3.16%
$75k-100k 4,636 $1,236,850,000 $266,792 $4,688 3.17%
$50k or less 2,623 $421,275,000 $160,608 $4,268 3.22%
$250k+ 2,024 $881,570,000 $435,558 $4,690 3.24%

Northpointe Bank lent most frequently to those with incomes in the $100k-150k range, with 6,273 originations. The second most popular income band? $50k-75k, with 5,219 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 6,152 $1,746,810,000 $283,942 $3,777 3.09%
30-36% 4,797 $1,359,745,000 $283,457 $4,244 3.18%
<20% 2,579 $720,675,000 $279,440 $3,364 3.01%
42% 964 $287,300,000 $298,029 $4,923 3.32%
44% 951 $272,925,000 $286,987 $5,297 3.28%
50-60% 919 $268,425,000 $292,084 $8,762 3.21%
41% 877 $258,205,000 $294,418 $4,729 3.28%
39% 874 $254,950,000 $291,705 $4,658 3.26%
37% 872 $247,610,000 $283,956 $4,450 3.24%
40% 870 $246,880,000 $283,770 $4,916 3.31%
43% 845 $241,135,000 $285,367 $5,024 3.28%
36% 842 $234,980,000 $279,074 $4,441 3.21%
38% 837 $239,575,000 $286,231 $4,504 3.26%
45% 680 $197,420,000 $290,324 $5,220 3.25%
49% 657 $187,115,000 $284,802 $5,435 3.25%
46% 626 $176,060,000 $281,246 $5,180 3.20%
47% 596 $168,800,000 $283,221 $5,294 3.20%
48% 579 $167,145,000 $288,679 $5,384 3.23%
>60% 54 $17,870,000 $330,926 $6,081 3.10%

Northpointe Bank lent most frequently to those with DTI ratios of 20-30%, with 6,152 originations. The next most common DTI ratio? 30-36%, with 4,797 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 19,005 $5,408,945,000 $284,606 $4,442 3.17%
Not provided 4,508 $1,325,130,000 $293,951 $4,525 3.20%
Asian 1,183 $367,195,000 $310,393 $3,940 3.02%
Black 1,237 $315,485,000 $255,040 $5,697 3.31%
American Indian 139 $39,385,000 $283,345 $5,109 3.20%
Native Hawaiian 35 $9,925,000 $283,571 $5,652 3.37%
Asian Indian 9 $2,215,000 $246,111 $3,456 3.02%
Vietnamese 3 $1,265,000 $421,667 $4,336 3.00%
Other Asian 3 $865,000 $288,333 $3,807 3.40%
Chinese 2 $470,000 $235,000 $4,275 3.00%
Filipino 1 $225,000 $225,000 $3,143 3.00%
Not applicable 1 $165,000 $165,000 $0 6.50%
Other Pacific Islander 1 $145,000 $145,000 $2,588 3.13%

Approval Rates

Total approvals of all applications
97.78%

Northpointe Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

Pick Rate

Approvals leading to origination
66.60%

Northpointe Bank has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

Points and Fees

Points Originations Total Value Average Loan
NA 26,127 $7,471,415,000 $285,965

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 241 $42,385,000 $175,871
Single Family (1-4 Units):Site-Built 25,886 $7,429,030,000 $286,990

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,023 $219,685,000 $214,746 $2,980 3.05%
40-60% 4,207 $1,177,635,000 $279,923 $3,240 2.93%
60-80% 10,436 $3,129,310,000 $299,857 $3,854 3.18%
80-100% 9,872 $2,806,570,000 $284,296 $5,646 3.25%
Over 100% 320 $106,690,000 $333,406 $11,039 3.08%
Under 20% 267 $30,815,000 $115,412 $1,798 4.51%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Northpointe Bank 3333 Deposit Drive Ne Grand Rapids, MI 49546 Full Service B&M $1,518,305

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $92,540
Net interest income $56,330
Total noninterest income $362,315
Gross Fiduciary activities income $0
Service charges on deposit accounts $31
Trading account gains and fees $0
Additional Noninterest Income $362,284
Pre-tax net operating income $140,558
Securities gains (or losses, -) $27
Income before extraordinary items $110,661
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $110,661
Minority interest net income $0
Net income $110,661
Sale, conversion, retirement of capital stock, net $0
Net operating income $110,639

Bank Expenses

Item Value (in 000's)
Total interest expense $36,210
Provision for credit losses $6,000
Total noninterest expense $272,087
Salaries and employee benefits $217,379
Premises and equipment expense $7,057
Additional noninterest expense $47,651
Applicable income taxes $29,924
Net charge-offs $-6
Cash dividends $13,500

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 1.0%
Real Estate loans 1.0%
Construction & Land Development loans 0.0%
Nonfarm, nonresidential loans 2.0%
Multifamily residential loans 0.0%
1-4 family residential loans 1.0%
HELOC loans 0.0%
All other family 2.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $1,681,536
Deposits held in domestic offices $1,681,536
Deposits by Individuals, partnerships, and corporations $1,369,188
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $1,592
Deposits by Commercial banks and other depository institutions in U.S. $310,756
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $359,248
Demand deposits $326,161
Nontransaction accounts $1,322,288
Money market deposit accounts (MMDAs) $292,648
Other savings deposits (excluding MMDAs) $292,789
Total time deposits $736,850
Total time and savings deposits $1,355,375
Noninterest-bearing deposits $388,029
Interest-bearing deposits $1,293,507
Retail deposits $1,307,401
IRAs and Keogh plan accounts $19,981
Brokered deposits $257,719
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $3,305,150
Cash & Balances due from depository institutions $354,196
Interest-bearing balances $344,490
Total securities $1,513
Federal funds sold & reverse repurchase $0
Net loans and leases $2,704,960
Loan and leases loss allowance $10,539
Trading account assets $0
Bank premises and fixed assets $24,038
Other real estate owned $176
Goodwill and other intangibles $76,355
All other assets $143,912

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $3,305,150
Total Liabilities $2,950,243
Total deposits $1,681,536
Interest-bearing deposits $1,293,507
Deposits held in domestic offices $1,681,536
% insured (estimated) $80
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $1,175,997
Subordinated debt $14,579
All other liabilities $78,131

Issued Loan Types

Type Value (in 000's)
Net loans and leases $2,704,960
Loan and leases loss allowance $10,539
Total loans and leases (domestic) $2,715,499
All real estate loans $2,094,388
Real estate loans in domestic offices $2,094,388
Construction and development loans $162,783
Residential 1-4 family construction $72,485
Other construction, all land development and other land $90,298
Loans secured by nonfarm nonresidential properties $4,309
Nonfarm nonresidential secured by owner-occupied properties $4,181
Commercial real estate & other non-farm, non-residential $128
Multifamily residential real estate $421
1-4 family residential loans $1,926,672
Farmland loans $203
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $7,249
To non-U.S. addressees $0
Loans to individuals $549
Credit card loans $0
Related Plans $549
Consumer Auto Loans $0
Other loans to individuals $0
All other loans & leases $613,312
Loans to foreign governments and official institutions $0
Other loans $613,312
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $7,374
Non 1-4 family restructured loans & leases $2,200
Total loans and leases (foreign) $0

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 37 $4,201 $113,541
Nonfarm, nonresidential loans - <$100k 11 $463 $42,091
Nonfarm, nonresidential loans - $100-250k 16 $1,720 $107,500
Nonfarm, nonresidential loans - $250k-1MM 10 $2,018 $201,800
Commercial & Industrial, US addressed loans - <$1MM 2 $250 $125,000
Commercial & Industrial, US addressed loans - <$100k 1 $54 $54,000
Commercial & Industrial, US addressed loans - $100-250k 1 $196 $196,000
Farmland loans - <$1MM 2 $203 $101,500
Farmland loans - <$100k 1 $72 $72,000
Farmland loans - $100-250k 1 $131 $131,000