Northwest Bank Mortgage Rates, Fees & Info

Warren, PA

LEI: LVR1UQE8OOCO93IHEB52

Tax ID: 23-2790930

5 stars - Updated: 3/17/24 - out of 5 stars, based on 85 reviews

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

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Mortgage Data

Review & Overview

Northwest Bank is a small bank specializing in Home Purchase loans. Northwest Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Buffalo, Pittsburgh, Erie, Lancaster, and Columbus among others. We have data for 134 markets. (Some data included below & more in-depth data is available with an active subscription.)

Northwest Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Northwest Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
Home Equity Line of Credit (HELOC) 3.07% 3/17/24
30 Year Conventional Purchase 6.42% 3/17/24
30 Year Conventional Refi 6.76% 3/17/24
30 Year Cash-out Refi 6.83% 3/17/24
30 Year FHA Purchase 7.29% 3/17/24
30 Year VA Purchase 6.52% 3/17/24
30 Year USDA Purchase 6.43% 3/17/24
15 Year Conventional Purchase 6.07% 3/17/24
15 Year Conventional Refi 6.06% 3/17/24
15 Year Cash-out Refi 6.06% 3/17/24
These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.

Northwest Bank Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Northwest Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

7,226

Origination Dollar Volume (All Markets)

$1,367,570,000
Show all (25) awards

Relative Rate

Northwest Bank's average 30 year fixed mortgage rate was 4.87%.

The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

This yields a difference of 0.11%.

Relative Fees (Closing Costs)

Northwest Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $5,807.

The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

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
BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1,291 $239,945,000 $185,860 $4,125 3.73%
PITTSBURGH, PA (FHA|USDA|VA) 858 $204,130,000 $237,914 $4,968 3.99%
ERIE, PA (FHA|USDA|VA) 842 $101,670,000 $120,748 $3,618 4.16%
LANCASTER, PA (FHA|USDA|VA) 416 $72,840,000 $175,096 $6,072 3.68%
COLUMBUS, OH (FHA|USDA|VA) 74 $68,030,000 $919,324 $6,474 4.29%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 335 $47,315,000 $141,239 $3,204 3.58%
STATE COLLEGE, PA (FHA|USDA|VA) 184 $46,360,000 $251,957 $5,562 4.12%
ROCHESTER, NY (FHA|USDA|VA) 99 $46,105,000 $465,707 $5,348 4.32%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 49 $41,905,000 $855,204 $8,746 4.26%
Outside of Metro Areas 360 $34,940,000 $97,056 $2,264 4.28%
AKRON, OH (FHA|USDA|VA) 44 $31,110,000 $707,045 $3,383 3.12%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 134 $30,320,000 $226,269 $5,912 3.79%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 92 $28,190,000 $306,413 $3,495 4.43%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 202 $24,650,000 $122,030 $3,143 4.64%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 7 $21,905,000 $3,129,286 $4,132 4.00%
Warren, PA (FHA|USDA|VA) 212 $21,250,000 $100,236 $1,897 4.25%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 128 $19,070,000 $148,984 $2,114 3.76%
LEBANON, PA (FHA|USDA|VA) 154 $18,120,000 $117,662 $2,562 3.64%
MUNCIE, IN (FHA|USDA|VA) 176 $18,000,000 $102,273 $2,265 3.94%
Meadville, PA (FHA|USDA|VA) 170 $16,900,000 $99,412 $2,371 4.26%
Oil City, PA (FHA|USDA|VA) 154 $13,850,000 $89,935 $1,629 4.16%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 45 $13,845,000 $307,667 $6,313 4.50%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $12,925,000 $12,925,000 $0 4.80%
Warsaw, IN (FHA|USDA|VA) 111 $12,675,000 $114,189 $2,543 3.86%
YORK-HANOVER, PA (FHA|USDA|VA) 83 $11,925,000 $143,675 $4,201 3.52%
Bradford, PA (FHA|USDA|VA) 119 $11,325,000 $95,168 $2,007 4.50%
St. Marys, PA (FHA|USDA|VA) 116 $10,230,000 $88,190 $2,314 4.07%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $8,790,000 $1,465,000 $4,440 4.08%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 12 $7,970,000 $664,167 $7,899 4.59%
DuBois, PA (FHA|USDA|VA) 78 $7,040,000 $90,256 $1,892 4.38%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 8 $5,930,000 $741,250 $5,181 4.84%
Olean, NY (FHA|USDA|VA) 36 $5,850,000 $162,500 $4,300 4.38%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 7 $5,785,000 $826,429 $6,738 4.29%
Ashtabula, OH (FHA|USDA|VA) 26 $5,380,000 $206,923 $5,582 4.84%
Sandusky, OH (FHA|USDA|VA) 26 $5,260,000 $202,308 $3,177 3.81%
WILLIAMSPORT, PA (FHA|USDA|VA) 32 $4,980,000 $155,625 $3,855 4.06%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 29 $4,505,000 $155,345 $3,522 3.88%
Lock Haven, PA (FHA|USDA|VA) 33 $3,935,000 $119,242 $1,158 4.67%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 8 $3,630,000 $453,750 $9,530 3.76%
Marion, IN (FHA|USDA|VA) 53 $3,585,000 $67,642 $1,646 4.21%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 33 $2,955,000 $89,545 $953 3.33%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $2,935,000 $978,333 $7,258 4.08%
FORT WAYNE, IN (FHA|USDA|VA) 17 $2,715,000 $159,706 $2,369 4.59%
Seymour, IN (FHA|USDA|VA) 18 $2,710,000 $150,556 $2,681 4.71%
JOHNSTOWN, PA (FHA|USDA|VA) 37 $2,425,000 $65,541 $1,788 3.81%
BLOOMINGTON, IN (FHA|USDA|VA) 24 $2,400,000 $100,000 $2,258 3.98%
READING, PA (FHA|USDA|VA) 15 $2,375,000 $158,333 $4,389 3.68%
SYRACUSE, NY (FHA|USDA|VA) 7 $2,265,000 $323,571 $9,297 3.93%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 3 $1,985,000 $661,667 $5,745 5.00%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 5 $1,875,000 $375,000 $6,728 5.33%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 4 $1,860,000 $465,000 $10,300 4.31%
TERRE HAUTE, IN (FHA|USDA|VA) 19 $1,845,000 $97,105 $2,127 4.87%
Huntingdon, PA (FHA|USDA|VA) 17 $1,815,000 $106,765 $2,231 4.27%
Pottsville, PA (FHA|USDA|VA) 9 $1,785,000 $198,333 $3,845 4.68%
Lewistown, PA (FHA|USDA|VA) 13 $1,775,000 $136,538 $3,207 3.83%
GETTYSBURG, PA (FHA|USDA|VA) 10 $1,610,000 $161,000 $6,605 3.04%
Batavia, NY (FHA|USDA|VA) 8 $1,390,000 $173,750 $5,254 4.50%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $1,370,000 $685,000 $8,320 4.94%
New Castle, PA (FHA|USDA|VA) 18 $1,270,000 $70,556 $2,774 3.70%
LOUISVILLE, KY (FHA|USDA|VA) 2 $1,190,000 $595,000 $4,196 4.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 4 $1,170,000 $292,500 $12,750 4.15%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $1,160,000 $290,000 $5,456 4.41%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 9 $1,055,000 $117,222 $5,347 5.14%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $1,050,000 $525,000 $6,721 4.75%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 5 $965,000 $193,000 $4,393 4.40%
CANTON-MASSILLON, OH (FHA|USDA|VA) 5 $925,000 $185,000 $5,101 4.40%
NILES, MI (FHA|USDA|VA) 3 $915,000 $305,000 $2,148 3.08%
COLUMBUS, IN (FHA|USDA|VA) 2 $890,000 $445,000 $3,292 4.94%
Mount Vernon, OH (FHA|USDA|VA) 2 $860,000 $430,000 $4,304 3.06%
Sayre, PA (FHA|USDA|VA) 3 $855,000 $285,000 $5,733 4.33%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $810,000 $405,000 $5,801 4.56%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $790,000 $395,000 $5,465 5.44%
Sunbury, PA (FHA|USDA|VA) 5 $765,000 $153,000 $3,141 4.47%
MANSFIELD, OH (FHA|USDA|VA) 2 $760,000 $380,000 $3,571 4.38%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $755,000 $755,000 $5,975 4.25%
Seneca, SC (FHA|USDA|VA) 2 $740,000 $370,000 $7,226 6.31%
TOLEDO, OH (FHA|USDA|VA) 3 $715,000 $238,333 $2,710 3.62%
Somerset, PA (FHA|USDA|VA) 5 $705,000 $141,000 $4,162 3.80%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $685,000 $685,000 $4,301 5.00%
THE VILLAGES, FL (FHA|USDA|VA) 1 $675,000 $675,000 $6,880 4.50%
Norwalk, OH (FHA|USDA|VA) 6 $670,000 $111,667 $2,087 4.64%
Lewisburg, PA (FHA|USDA|VA) 3 $665,000 $221,667 $7,315 4.91%
EVANSVILLE, IN-KY (FHA|USDA|VA) 3 $665,000 $221,667 $3,168 6.50%
Corning, NY (FHA|USDA|VA) 2 $610,000 $305,000 $4,740 5.44%
ELMIRA, NY (FHA|USDA|VA) 2 $600,000 $300,000 $3,964 6.00%
Portsmouth, OH (FHA|USDA|VA) 1 $595,000 $595,000 $4,846 4.38%
Indiana, PA (FHA|USDA|VA) 7 $595,000 $85,000 $2,031 4.84%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $595,000 $595,000 $8,041 5.88%
CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $565,000 $565,000 $3,441 4.25%
SPARTANBURG, SC (FHA|USDA|VA) 2 $540,000 $270,000 $6,098 3.25%
EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $535,000 $178,333 $10,149 4.74%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $535,000 $535,000 $2,479 6.13%
MORGANTOWN, WV (FHA|USDA|VA) 1 $505,000 $505,000 $6,463 4.38%
ALTOONA, PA (FHA|USDA|VA) 4 $490,000 $122,500 $2,709 4.50%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $475,000 $475,000 $4,284 4.50%
Selinsgrove, PA (FHA|USDA|VA) 1 $475,000 $475,000 $15,415 3.25%
ANN ARBOR, MI (FHA|USDA|VA) 1 $445,000 $445,000 $4,372 4.25%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $425,000 $425,000 $0 4.50%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $415,000 $415,000 $5,573 3.88%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $390,000 $195,000 $5,942 2.75%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $385,000 $385,000 $4,715 4.38%
Morehead City, NC (FHA|USDA|VA) 1 $365,000 $365,000 $13,773 3.75%
Wooster, OH (FHA|USDA|VA) 3 $365,000 $121,667 $2,576 5.19%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $355,000 $355,000 $7,795 5.00%
Coldwater, MI (FHA|USDA|VA) 2 $350,000 $175,000 $6,686 4.68%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $335,000 $335,000 $4,210 5.38%
Auburn, NY (FHA|USDA|VA) 1 $325,000 $325,000 $4,986 3.88%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $255,000 $255,000 $3,455 3.88%
Urbana, OH (FHA|USDA|VA) 1 $245,000 $245,000 $4,043 3.88%
Sidney, OH (FHA|USDA|VA) 1 $245,000 $245,000 $2,345 3.00%
Wabash, IN (FHA|USDA|VA) 4 $240,000 $60,000 $488 5.06%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $235,000 $235,000 $3,716 4.13%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $235,000 $235,000 $8,046 4.63%
COLUMBIA, SC (FHA|USDA|VA) 1 $225,000 $225,000 $4,224 5.63%
Bellefontaine, OH (FHA|USDA|VA) 1 $225,000 $225,000 $3,588 4.88%
KOKOMO, IN (FHA|USDA|VA) 2 $220,000 $110,000 $3,195 4.94%
New Castle, IN (FHA|USDA|VA) 2 $200,000 $100,000 $5,217 3.18%
Bluffton, IN (FHA|USDA|VA) 1 $195,000 $195,000 $0 1.49%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $185,000 $185,000 $5,045 5.13%
Bedford, IN (FHA|USDA|VA) 1 $175,000 $175,000 $5,040 3.50%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.88%
Scottsburg, IN (FHA|USDA|VA) 1 $165,000 $165,000 $2,581 6.38%
Washington, IN (FHA|USDA|VA) 2 $160,000 $80,000 $2,781 2.68%
Plymouth, IN (FHA|USDA|VA) 2 $150,000 $75,000 $0 3.81%
Sturgis, MI (FHA|USDA|VA) 1 $115,000 $115,000 $1,699 7.38%
Peru, IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,857 6.88%
Ogdensburg-Massena, NY (FHA|USDA|VA) 1 $105,000 $105,000 $450 4.88%
Athens, OH (FHA|USDA|VA) 1 $95,000 $95,000 $3,699 5.25%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $80,000 $40,000 $67 4.50%
Richmond, IN (FHA|USDA|VA) 1 $75,000 $75,000 $3,149 3.38%
WHEELING, WV-OH (FHA|USDA|VA) 1 $75,000 $75,000 $0 5.50%
LIMA, OH (FHA|USDA|VA) 1 $65,000 $65,000 $3,076 3.75%
Huntington, IN (FHA|USDA|VA) 1 $55,000 $55,000 $1,811 4.25%
Kendallville, IN (FHA|USDA|VA) 1 $35,000 $35,000 $475 7.13%
Northwest Bank's top markets include Buffalo, Pittsburgh, Erie, Lancaster, and Columbus among others.

Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,670 $1,094,290,000 $234,323 $3,765 4.87%
    HELOC 2,452 $254,120,000 $103,638 n/a 2.35%
    FHA 61 $11,875,000 $194,672 $8,641 4.84%
    USDA 23 $3,125,000 $135,870 $4,949 3.97%
    VA 20 $4,160,000 $208,000 $7,753 4.59%

    For 2022, Northwest Bank's most frequently originated type of loan was Conventional, with 4,670 originations. Their 2nd most popular type was HELOC, with 2,452 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,651 $833,515,000 $314,415 $6,028 4.80%
    Home Improvement 1,628 $121,930,000 $74,896 $268 3.48%
    Cash Out Refi 1,610 $224,130,000 $139,211 $2,521 3.54%
    Other 1,111 $102,105,000 $91,904 $728 3.63%
    Refi 226 $85,890,000 $380,044 $1,455 3.71%

    For 2022, Northwest Bank's most frequently cited loan purpose was Home Purchase, with 2,651 originations. The 2nd most popular reason was Home Improvement, with 1,628 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 2,503 $325,465,000 $130,030 $2,664 2.40%
    30 Year 2,406 $626,630,000 $260,445 $5,807 4.87%
    15 Year 909 $105,635,000 $116,210 $1,775 4.67%
    10 Year 615 $120,505,000 $195,943 $243 4.65%
    20 Year 424 $44,700,000 $105,425 $910 5.83%
    5 Year 187 $63,915,000 $341,791 $202 4.43%
    30+ year 177 $80,415,000 $454,322 $10,091 4.52%
    1 Year 4 $230,000 $57,500 $0 5.81%
    3 Year 1 $75,000 $75,000 $475 7.88%

    For 2022, Northwest Bank's most frequently cited loan duration was Other, with 2,503 originations. The 2nd most popular length was 30 Year, with 2,406 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,138 $207,060,000 $96,848
    $1k-2k 950 $259,910,000 $273,589
    $5k+ 411 $180,445,000 $439,039
    $2k-3k 381 $78,005,000 $204,738
    $3k-4k 282 $71,010,000 $251,809
    $4k-5k 193 $66,885,000 $346,554

    Northwest Bank's average total fees were $5,807, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,138 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    <2.5% 2,034 $229,920,000 $113,038
    4-5% 1,558 $436,170,000 $279,955
    5-6% 1,368 $254,110,000 $185,753
    3-4% 1,169 $246,405,000 $210,783
    6-7% 593 $97,985,000 $165,236
    7-8% 236 $20,350,000 $86,229
    2.5-3% 219 $80,135,000 $365,913
    Over 8% 49 $2,495,000 $50,918

    During 2022, Northwest Bank's average interest rate for loans was 4.87%, while their most frequently originated rate bucket for loans was <2.5%, with 2,034 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 3,173 $171,515,000 $54,055 $1,011 4.03%
    $100k-200k 2,203 $301,235,000 $136,739 $3,393 3.82%
    $200k-400k 1,249 $338,365,000 $270,909 $6,167 4.12%
    $400k-600k 319 $152,555,000 $478,229 $8,407 4.27%
    $600k-1MM 235 $173,135,000 $736,745 $10,227 4.35%
    $1MM+ 47 $230,765,000 $4,909,894 $14,747 4.66%

    2022 saw Northwest Bank place emphasis on $100,000 or less loans with 3,173 originations, totaling $171,515,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,596 $176,820,000 $110,789 $3,047 4.15%
    $50k or less 1,396 $106,820,000 $76,519 $2,301 4.18%
    $100k-150k 1,383 $233,745,000 $169,013 $4,163 3.84%
    $75k-100k 1,157 $152,495,000 $131,802 $3,454 3.94%
    $150k-250k 907 $231,275,000 $254,989 $5,716 3.73%
    $250k+ 503 $235,945,000 $469,076 $8,337 3.89%

    Northwest Bank lent most frequently to those with incomes in the $50k-75k range, with 1,596 originations. The second most popular income band? $50k or less, with 1,396 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,620 $256,190,000 $158,142 $3,626 3.86%
    30-36% 1,422 $236,800,000 $166,526 $3,883 4.08%
    <20% 547 $104,105,000 $190,320 $4,443 3.85%
    42% 392 $51,990,000 $132,628 $3,166 4.54%
    44% 350 $57,270,000 $163,629 $4,224 3.61%
    41% 307 $47,035,000 $153,208 $3,607 4.29%
    39% 305 $44,345,000 $145,393 $3,363 4.10%
    40% 297 $44,535,000 $149,949 $3,600 4.16%
    38% 277 $45,125,000 $162,906 $4,131 4.09%
    37% 268 $40,370,000 $150,634 $3,360 3.98%
    36% 257 $41,905,000 $163,054 $3,668 4.30%
    43% 255 $44,535,000 $174,647 $3,994 3.95%
    49% 210 $34,390,000 $163,762 $3,742 3.17%
    45% 146 $27,850,000 $190,753 $5,369 3.61%
    47% 139 $24,565,000 $176,727 $4,592 3.90%
    48% 132 $19,370,000 $146,742 $4,625 3.51%
    46% 122 $20,830,000 $170,738 $4,231 3.67%
    50-60% 32 $8,990,000 $280,938 $6,635 4.29%

    Northwest Bank lent most frequently to those with DTI ratios of 20-30%, with 1,620 originations. The next most common DTI ratio? 30-36%, with 1,422 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 6,046 $930,770,000 $153,948 $3,728 3.98%
    Not applicable 113 $211,695,000 $1,873,407 $0 5.65%
    Not provided 775 $142,185,000 $183,465 $3,944 4.00%
    Asian 133 $46,615,000 $350,489 $6,752 3.97%
    Black 124 $24,010,000 $193,629 $5,213 4.01%
    American Indian 19 $5,785,000 $304,474 $7,769 4.62%
    Asian Indian 12 $4,870,000 $405,833 $5,369 4.67%
    Other Asian 1 $1,225,000 $1,225,000 $9,897 5.50%
    Other Pacific Islander 1 $285,000 $285,000 $3,631 4.13%
    Chinese 1 $85,000 $85,000 $475 6.25%
    Native Hawaiian or Islander 1 $45,000 $45,000 $0 1.99%

    Approval Rates

    Total approvals of all applications
    86.07%

    Northwest Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.15%

    Northwest Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 7,226 $1,367,570,000 $189,257

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    7,226 $1,367,570,000 $189,257

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1,688 $145,420,000 $86,149 $816 3.28%
    40-60% 957 $159,125,000 $166,275 $2,512 3.55%
    60-80% 1,559 $486,625,000 $312,139 $4,886 4.43%
    80-100% 1,824 $515,200,000 $282,456 $5,880 4.65%
    Over 100% 6 $1,600,000 $266,667 $11,623 3.13%
    Under 20% 1,192 $59,600,000 $50,000 $262 3.87%