Kalispell Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Kalispell averaged 6.7% for the week of 2024-07-18, compared to the national average of 6.77% for the same period.

The average rate for the prior week (2024-07-11) was 6.82% and one month ago for the week of 2024-06-13, the average rate was 7.08%.

Kalispell's average rate one year ago was 6.99%.

For refis of the same type during the week of 2024-07-18, the average rate was 7.27%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-07-18 6.77%
Kalispell 30 Year Fixed Rate 2024-07-18 6.7%
Kalispell 30 Year Fixed Rate Refi 2024-07-18 7.27%
Kalispell 15 Year Fixed Rate 2024-07-18 6.05%
Kalispell 15 Year Fixed Rate Refi 2024-07-18 6.05%
Kalispell 30 Year FHA 2024-07-18 6.17%
Kalispell 30 Year FHA Refi 2024-07-18 6.79%
Kalispell 30 Year USDA 2024-07-18 6.83%
Kalispell 30 Year USDA Refi 2024-07-18 6.53%
Kalispell 30 Year VA 2024-07-18 6.31%
Kalispell 30 Year VA Refi 2024-07-18 6.5%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Kalispell, MT.

Kalispell Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Kalispell, MT market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Glacier Bank 102 6.86% $9,566
UNITED WHOLESALE MORTGAGE, LLC 98 6.77% $7,653
CROSSCOUNTRY MORTGAGE, LLC 89 7.17% $7,212
QUICKEN LOANS, LLC 78 6.81% $9,181
MANN FINANCIAL INC. 43 7.01% $8,962
BAY EQUITY LLC 38 6.58% $6,992
Barrington Bank & Trust Company, N.A. 32 6.88% $8,851
Plains Commerce Bank 22 6.94% $8,517
PARK SIDE FINANCIAL 19 6.67% $2,531
First Interstate Bank 15 6.69% $6,307
Stockman Bank of Montana 13 6.62% $6,337
U.S. Bank 13 6.44% $12,051
Flagstar Bank, FSB 12 6.67% $5,805
Wells Fargo Bank 11 5.94% $8,944
Morgan Stanley Private Bank 10 5.65% $3,886
Prosperity Home Mortgage, LLC 10 6.80% $10,519
Bank of America 9 6.24% $5,509
JPMorgan Chase Bank 7 5.96% $37,037
Stifel Bank and Trust 7 5.50% $3,425
The Huntington National Bank 6 6.44% $14,188
Charles Schwab Bank, SSB 5 5.84% $6,954
Citibank 5 5.05% $8,077
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 5 6.39% $7,577
CALCON MUTUAL MORTGAGE LLC 5 7.15% $8,989
MUTUAL OF OMAHA MORTGAGE, INC. 4 6.84% $8,617
AMERISAVE MORTGAGE CORPORATION 4 6.56% $11,640
UBS Bank USA 4 6.56% $5,591
USAA Federal Savings Bank 4 6.69% $7,929
GUARANTEED RATE, INC. 4 6.38% $4,095
GUILD MORTGAGE COMPANY 4 7.12% $20,462
CMG MORTGAGE, INC. 4 6.75% $8,553
Century Mortgage Company DBA Century Lending Company 3 6.75% $14,727
RBC Bank, (Georgia) 3 5.67% $3,486
Mr. Cooper ( Nationstar Mortgage ) 3 6.21% $8,359
NBKC BANK 3 6.54% $5,233
FREEDOM MORTGAGE CORPORATION 2 7.19% $9,460
Gateway First Bank 2 6.69% $3,262
Equity Prime Mortgage LLC 2 7.44% $8,790
Mortgage Research Center, LLC 2 5.63% $6,007
PLAZA HOME MORTGAGE, INC. 2 7.69% $10,793
CHURCHILL MORTGAGE CORPORATION 2 7.38% $9,112
BNY Mellon 2 5.50% $6,387
NEXERA HOLDING LLC 2 9.13% $37,585
Washington Trust Bank 2 7.19% $4,594
BMO Harris Bank 2 6.69% $7,195
Pinnacle Bank 2 7.63% $7,903
Quontic Bank 2 8.88% $27,707
ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 6.56% $5,945
Sierra Pacific Mortgage Company, Inc. 2 7.12% $6,770
NAVY FEDERAL CREDIT UNION 2 5.75% $3,478
PRIMELENDING, A PLAINSCAPITAL COMPANY 2 6.75% $15,138
Opportunity Bank of Montana 2 7.31% $4,944
PREMIA MORTGAGE, LLC 2 6.50% $3,742
WINGS FINANCIAL 1 4.88% $5,424
ADVANCIAL 1 8.75% $27,459
ALLIANT CREDIT UNION 1 6.75% $5,424
Ally Bank 1 5.25% $29,706
American Bank Center 1 6.50% $13,321
AMERICAN FINANCIAL NETWORK, INC. 1 7.00% $15,644
AMERICAN FINANCING CORPORATION 1 6.50% $4,320
AMERICAN PACIFIC MORTGAGE CORPORATION 1 7.25% $6,444
ANGEL OAK MORTGAGE SOLUTIONS LLC 1 8.63% $13,251
BANKWEST, INC. 1 6.50% $3,246
BETTER MORTGAGE CORPORATION 1 6.38% $15,968
BROKER SOLUTIONS, INC. 1 6.63% $9,461
Cache Valley Bank 1 6.75% $11,775
CALIBER HOME LOANS, INC. 1 5.99% $9,391
CARDINAL FINANCIAL 1 5.99% $3,888
Carrington Mortgage Services, LLC 1 7.25% $9,616
Commerce Home Mortgage, Inc. 1 8.00% $34,103
CREDIT UNION MORTGAGE ASSOCIATION, INC. 1 6.00% $5,018
CRESCENT MORTGAGE COMPANY 1 6.88% $9,357
ENVOY MORTGAGE, LTD 1 7.63% $3,479
EVERGREEN MONEYSOURCE MORTGAGE COMPANY 1 7.13% $12,688
F&A Federal Credit Union 1 6.50% $2,225
Firefighters First Federal Credit Union 1 7.00% $0
First Internet Bank of Indiana 1 5.99% $3,820
FIRST STATE MORTGAGE SERVICES, LLC 1 8.12% $5,027
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION 1 6.38% $9,640
HOMEXPRESS MORTGAGE CORP. 1 8.88% $17,541
HSBC BANK USA, NATIONAL ASSOCIATION 1 5.92% $3,779
Ixonia Bank 1 6.63% $4,598
KINECTA 1 6.00% $5,787
LOANDEPOT.COM, LLC 1 6.38% $16,826
NEWREZ LLC 1 6.99% $5,152
NexBank 1 6.50% $8,312
Northwest Farm Credit Services, FLCA 1 7.25% $6,247
ON Q FINANCIAL, INC. 1 8.25% $4,572
Paramount Residential Mortgage Group, Inc. 1 6.13% $6,496
PENNYMAC LOAN SERVICES, LLC 1 5.25% $20,510
PENTAGON FEDERAL CREDIT UNION 1 6.00% $4,679
PNC Bank 1 6.50% $5,063
RELIANCE FIRST CAPITAL, LLC 1 6.25% $28,963
Servion, Inc. 1 6.25% $14,933
The Citizens National Bank of Bluffton 1 6.88% $3,039
The Federal Savings Bank 1 8.13% $9,302
Truist 1 5.22% $18,977
Truity Federal Credit Union 1 7.13% $0
UNION HOME MORTGAGE CORP. 1 6.50% $7,763
V.I.P. MORTGAGE, INC. 1 6.13% $3,823
WESCOM CENTRAL CREDIT UNION 1 7.50% $3,440
West Gate Bank 1 7.00% $1,834
Willamette Valley Bank 1 7.00% $19,989
1st Security Bank of Washington 1 7.63% $7,455

Kalispell Average Closing Costs & Other Stats

Kalispell, MT's 104 lenders originated 1,746 loans during 2023. The total origination value was $838,600,000, with an average loan value of $480,298.

Kalispell's average closing costs are $6,216.

The top Kalispell lender as defined by loan originations is Glacier Bank, with 102 loans originated. Their average total fees are $9,566, which is $1,913 higher than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee Kalispell lenders (with over 10 loans originated) are PARK SIDE FINANCIAL ($2,531), Morgan Stanley Private Bank ($3,886), Flagstar Bank, FSB ($5,805), First Interstate Bank ($6,307) and Stockman Bank of Montana ($6,337).

The lowest rate Kalispell lenders (with over 10 loans originated) are Morgan Stanley Private Bank (5.65%), Wells Fargo Bank (5.94%), U.S. Bank (6.44%), BAY EQUITY LLC (6.58%) and Stockman Bank of Montana (6.62%).

Kalispell, MT Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Glacier Bank $297,240,000 $132,905,000 -55.3% 15.8%
UNITED WHOLESALE MORTGAGE, LLC $86,420,000 $73,850,000 -14.5% 8.8%
CROSSCOUNTRY MORTGAGE, LLC $39,790,000 $59,875,000 50.5% 7.1%
QUICKEN LOANS, LLC $40,965,000 $44,425,000 8.4% 5.3%
Stockman Bank of Montana $31,235,000 $35,900,000 14.9% 4.3%
MANN FINANCIAL INC. $55,990,000 $33,630,000 -39.9% 4.0%
First Interstate Bank $114,820,000 $29,580,000 -74.2% 3.5%
U.S. Bank $29,950,000 $24,320,000 -18.8% 2.9%
JPMorgan Chase Bank $37,955,000 $22,065,000 -41.9% 2.6%
Plains Commerce Bank $29,360,000 $20,020,000 -31.8% 2.4%
GREYSTONE SERVICING COMPANY LLC $19,745,000 n/a 2.4%
BAY EQUITY LLC $89,160,000 $19,685,000 -77.9% 2.3%
CBRE MULTIFAMILY CAPITAL, INC. $19,365,000 n/a 2.3%
Barrington Bank & Trust Company, N.A. $38,575,000 $18,410,000 -52.3% 2.2%
TrailWest Bank $14,925,000 $18,140,000 21.5% 2.2%
Wells Fargo Bank $40,710,000 $10,060,000 -75.3% 1.2%
Bank of America $13,795,000 $8,310,000 -39.8% 1.0%
HomeStreet Bank $8,175,000 n/a 1.0%
UBS Bank USA $1,470,000 $8,030,000 446.3% 1.0%
Citibank $5,200,000 $7,615,000 46.4% 0.9%
Charles Schwab Bank, SSB $9,545,000 $7,060,000 -26.0% 0.8%
Mortgage Research Center, LLC $18,605,000 $6,600,000 -64.5% 0.8%
Morgan Stanley Private Bank $19,530,000 $6,350,000 -67.5% 0.8%
The Huntington National Bank $2,715,000 $6,230,000 129.5% 0.7%
Stifel Bank and Trust $2,750,000 $6,165,000 124.2% 0.7%
Prosperity Home Mortgage, LLC $6,050,000 n/a 0.7%
PARK SIDE FINANCIAL $38,585,000 $5,625,000 -85.4% 0.7%
Flagstar Bank, FSB $19,185,000 $5,255,000 -72.6% 0.6%
CMG MORTGAGE, INC. $4,165,000 $5,005,000 20.2% 0.6%
GUARANTEED RATE, INC. $8,730,000 $4,845,000 -44.5% 0.6%
AMERISAVE MORTGAGE CORPORATION $9,045,000 $4,550,000 -49.7% 0.5%
USAA Federal Savings Bank $5,000,000 $4,140,000 -17.2% 0.5%
Pinnacle Bank $3,770,000 n/a 0.4%
Century Mortgage Company DBA Century Lending Company $445,000 $3,685,000 728.1% 0.4%
NAVY FEDERAL CREDIT UNION $2,955,000 $3,385,000 14.6% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $12,650,000 $3,255,000 -74.3% 0.4%
CALCON MUTUAL MORTGAGE LLC $3,250,000 n/a 0.4%
Vista Bank $3,005,000 $3,095,000 3.0% 0.4%
BMO Harris Bank $295,000 $3,090,000 947.5% 0.4%
FINANCE OF AMERICA REVERSE LLC $1,185,000 $3,065,000 158.6% 0.4%
GUILD MORTGAGE COMPANY $4,705,000 $3,040,000 -35.4% 0.4%
BNY Mellon $1,935,000 $2,790,000 44.2% 0.3%
NEWREZ LLC $2,070,000 $2,660,000 28.5% 0.3%
MUTUAL OF OMAHA MORTGAGE, INC. $4,625,000 $2,625,000 -43.2% 0.3%
City National Bank $9,770,000 $2,610,000 -73.3% 0.3%
Washington Trust Bank $825,000 $2,605,000 215.8% 0.3%
Town Bank, N.A. $2,535,000 n/a 0.3%
Beverly Bank & Trust $680,000 $2,390,000 251.5% 0.3%
21ST MORTGAGE CORPORATION $2,115,000 $2,375,000 12.3% 0.3%
PENNYMAC LOAN SERVICES, LLC $11,175,000 $2,360,000 -78.9% 0.3%
Mechanics Bank $2,295,000 n/a 0.3%
Commerce Home Mortgage, Inc. $1,945,000 $2,285,000 17.5% 0.3%
NEXERA HOLDING LLC $2,280,000 n/a 0.3%
Equity Prime Mortgage LLC $1,145,000 $2,270,000 98.3% 0.3%
PLAZA HOME MORTGAGE, INC. $1,055,000 $2,135,000 102.4% 0.3%
Quontic Bank $2,060,000 n/a 0.2%
GENEVA FINANCIAL, LLC $2,005,000 n/a 0.2%
NP, Inc. $2,005,000 n/a 0.2%
RBC Bank, (Georgia) $1,170,000 $1,975,000 68.8% 0.2%
The Northern Trust Company $1,825,000 n/a 0.2%
FREEDOM MORTGAGE CORPORATION $8,685,000 $1,685,000 -80.6% 0.2%
Truist $6,335,000 $1,580,000 -75.1% 0.2%
Paramount Residential Mortgage Group, Inc. $4,270,000 $1,570,000 -63.2% 0.2%
MidFirst Bank $1,505,000 n/a 0.2%
ADVANCIAL $1,695,000 $1,430,000 -15.6% 0.2%
NBKC BANK $2,250,000 $1,405,000 -37.6% 0.2%
Bank of England $1,380,000 n/a 0.2%
LOANDEPOT.COM, LLC $13,505,000 $1,370,000 -89.9% 0.2%
LAKEVIEW LOAN SERVICING, LLC $4,705,000 $1,355,000 -71.2% 0.2%
Mr. Cooper ( Nationstar Mortgage ) $5,820,000 $1,350,000 -76.8% 0.2%
Sierra Pacific Mortgage Company, Inc. $255,000 $1,260,000 394.1% 0.2%
WINGS FINANCIAL $555,000 $1,240,000 123.4% 0.1%
CARDINAL FINANCIAL $3,105,000 $1,170,000 -62.3% 0.1%
Citadel Servicing Corporation $520,000 $1,160,000 123.1% 0.1%
Opportunity Bank of Montana $2,585,000 $1,110,000 -57.1% 0.1%
PLANET HOME LENDING, LLC $365,000 $1,110,000 204.1% 0.1%
FineMark National Bank & Trust $1,075,000 n/a 0.1%
PRIMELENDING, A PLAINSCAPITAL COMPANY $3,070,000 $1,070,000 -65.1% 0.1%
AMERICAN FINANCING CORPORATION $3,745,000 $1,045,000 -72.1% 0.1%
Truity Federal Credit Union $1,010,000 n/a 0.1%
Figure Lending LLC $730,000 $990,000 35.6% 0.1%
The Federal Savings Bank $4,485,000 $990,000 -77.9% 0.1%
American Heritage National Bank $985,000 n/a 0.1%
AMERICAN FINANCIAL NETWORK, INC. $980,000 n/a 0.1%
MOUNTAIN AMERICA $1,040,000 $955,000 -8.2% 0.1%
Libertyville Bank & Trust $2,410,000 $935,000 -61.2% 0.1%
PNC Bank $9,185,000 $920,000 -90.0% 0.1%
BROKER SOLUTIONS, INC. $3,790,000 $910,000 -76.0% 0.1%
OCMBC, INC. $1,010,000 $900,000 -10.9% 0.1%
VILLAGE CAPITAL MORTGAGE $570,000 $895,000 57.0% 0.1%
Firefighters First Federal Credit Union $205,000 $875,000 326.8% 0.1%
PREMIA MORTGAGE, LLC $485,000 $870,000 79.4% 0.1%
Discover Bank $760,000 $845,000 11.2% 0.1%
Emprise Bank $825,000 n/a 0.1%
CHURCHILL MORTGAGE CORPORATION $860,000 $780,000 -9.3% 0.1%
CLEARPATH LENDING $1,345,000 $775,000 -42.4% 0.1%
ALLIANT CREDIT UNION $235,000 $755,000 221.3% 0.1%
FIRST STATE MORTGAGE SERVICES, LLC $755,000 n/a 0.1%
Cache Valley Bank $735,000 n/a 0.1%
AMCAP MORTGAGE, LTD. $725,000 n/a 0.1%
American Bank Center $1,460,000 $725,000 -50.3% 0.1%
CALIBER HOME LOANS, INC. $2,425,000 $725,000 -70.1% 0.1%
First Internet Bank of Indiana $635,000 $725,000 14.2% 0.1%
RELIANCE FIRST CAPITAL, LLC $950,000 $725,000 -23.7% 0.1%
Servion, Inc. $725,000 n/a 0.1%
St Charles Bank & Trust $2,900,000 $725,000 -75.0% 0.1%
HOMEBRIDGE FINANCIAL SERVICES, INC. $4,640,000 $695,000 -85.0% 0.1%
KINECTA $695,000 n/a 0.1%
Wintrust Bank, N.A. $695,000 n/a 0.1%
Willamette Valley Bank $645,000 $685,000 6.2% 0.1%
Hinsdale Bank & Trust Company $655,000 n/a 0.1%
Gateway First Bank $405,000 $640,000 58.0% 0.1%
CREDIT UNION MORTGAGE ASSOCIATION, INC. $285,000 $635,000 122.8% 0.1%
HOMEXPRESS MORTGAGE CORP. $600,000 $635,000 5.8% 0.1%
ON Q FINANCIAL, INC. $635,000 n/a 0.1%
Ally Bank $3,680,000 $605,000 -83.6% 0.1%
THRIVENT Federal Credit Union $605,000 n/a 0.1%
WESCOM CENTRAL CREDIT UNION $595,000 n/a 0.1%
TOWER $95,000 $585,000 515.8% 0.1%
GTE Federal Credit Union $155,000 $570,000 267.7% 0.1%
First Montana Bank, Inc. $2,980,000 $560,000 -81.2% 0.1%
HSBC BANK USA, NATIONAL ASSOCIATION $555,000 n/a 0.1%
NEW DAY FINANCIAL, LLC $4,055,000 $550,000 -86.4% 0.1%
BANKWEST, INC. $535,000 n/a 0.1%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $1,200,000 $520,000 -56.7% 0.1%
BETTER MORTGAGE CORPORATION $1,910,000 $505,000 -73.6% 0.1%
MEGASTAR FINANCIAL CORP. $505,000 n/a 0.1%
UNION HOME MORTGAGE CORP. $485,000 n/a 0.1%
MOVEMENT MORTGAGE, LLC $585,000 $475,000 -18.8% 0.1%
SUMMIT FUNDING, INC. $475,000 n/a 0.1%
First United Bank $465,000 n/a 0.1%
Dacotah Bank $455,000 n/a 0.1%
OAKTREE FUNDING CORP. $455,000 n/a 0.1%
TRIAD FINANCIAL SERVICES, INC. $300,000 $455,000 51.7% 0.1%
SUN WEST MORTGAGE COMPANY, INC. $435,000 n/a 0.1%
SPRING EQ, LLC $1,345,000 $430,000 -68.0% 0.1%
A&D Mortgage LLC $425,000 n/a 0.1%
First National Bank of Central Texas $425,000 n/a 0.1%
Ixonia Bank $425,000 n/a 0.1%
V.I.P. MORTGAGE, INC. $325,000 $420,000 29.2% 0.1%
1st Security Bank of Washington $500,000 $415,000 -17.0% 0.0%
BOKF $415,000 n/a 0.0%
F&A Federal Credit Union $405,000 n/a 0.0%
PENTAGON FEDERAL CREDIT UNION $7,770,000 $405,000 -94.8% 0.0%
STANFORD Federal Credit Union $405,000 n/a 0.0%
The Citizens National Bank of Bluffton $405,000 n/a 0.0%
TOWNE MORTGAGE COMPANY $405,000 n/a 0.0%
Magnolia Bank $385,000 n/a 0.0%
Dieterich Bank $375,000 n/a 0.0%
PREMIER MORTGAGE RESOURCES, L.L.C. $635,000 $375,000 -40.9% 0.0%
CRESCENT MORTGAGE COMPANY $1,880,000 $365,000 -80.6% 0.0%
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION $365,000 n/a 0.0%
ARC HOME LLC $355,000 n/a 0.0%
Carrington Mortgage Services, LLC $1,165,000 $355,000 -69.5% 0.0%
EVERGREEN MONEYSOURCE MORTGAGE COMPANY $1,405,000 $345,000 -75.4% 0.0%
West Gate Bank $345,000 n/a 0.0%
NATIONS DIRECT MORTGAGE, LLC $860,000 $315,000 -63.4% 0.0%
Cedar Rapids Bank and Trust Company $305,000 n/a 0.0%
LOS ANGELES POLICE Federal Credit Union $105,000 $305,000 190.5% 0.0%
Northwest Farm Credit Services, FLCA $2,005,000 $305,000 -84.8% 0.0%
ANGEL OAK MORTGAGE SOLUTIONS LLC $3,635,000 $245,000 -93.3% 0.0%
BM Real Estate Services, Inc. $245,000 n/a 0.0%
AMERICAN PACIFIC MORTGAGE CORPORATION $635,000 $235,000 -63.0% 0.0%
LENDSURE MORTGAGE CORP. $2,940,000 $235,000 -92.0% 0.0%
NBH Bank $860,000 $205,000 -76.2% 0.0%
ENVOY MORTGAGE, LTD $385,000 $185,000 -51.9% 0.0%
NexBank $385,000 $175,000 -54.5% 0.0%
PHH Mortgage Corporation $2,915,000 $175,000 -94.0% 0.0%
IDAHO CENTRAL $115,000 $165,000 43.5% 0.0%
Utah Power $165,000 n/a 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $445,000 $135,000 -69.7% 0.0%
Notre Dame Federal Credit Union Corporation $125,000 n/a 0.0%
SOUTHWEST STAGE FUNDING, LLC $115,000 n/a 0.0%
HORIZON $275,000 $105,000 -61.8% 0.0%
Service Federal Credit Union $95,000 n/a 0.0%
S1L, Inc. $355,000 $85,000 -76.1% 0.0%
Bethpage Federal Credit Union $240,000 $55,000 -77.1% 0.0%
Connexus Credit Union $55,000 n/a 0.0%
Alaska USA Federal Credit Union $25,000 n/a 0.0%

Kalispell's top lender by overall market share is Glacier Bank, with 15.8% market share. In second place, with 8.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $73,850,000 in loans. In third place, with 7.1%, is CROSSCOUNTRY MORTGAGE, LLC, having originated $59,875,000 in loans. In fourth place, with 5.3%, is QUICKEN LOANS, LLC, having originated $44,425,000 in loans. In fifth place, with 4.3%, is Stockman Bank of Montana, having originated $35,900,000 in loans.

Kalispell, MT Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 1,073 $629,665,000 $586,827
Cash Out Refi 212 $72,860,000 $343,679
Other 164 $43,350,000 $264,329
Home Improvement 159 $29,335,000 $184,497
Refi 138 $63,390,000 $459,348

Kalispell's most frequently cited loan purpose was Home Purchase, with 1,073 originations. The 2nd most popular reason was Cash Out Refi, with 212 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 537 $296,325,000 $551,816
Over 8% 433 $103,325,000 $238,626
7-8% 406 $192,240,000 $473,498
5-6% 261 $152,505,000 $584,310
4-5% 31 $34,535,000 $1,114,032
2.5-3% 6 $2,200,000 $366,667
3-4% 5 $4,785,000 $957,000
<2.5% 4 $510,000 $127,500

During 2023, Kalispell's most frequently originated rate bucket was 6-7%, with 537 originations.

Loan Sizing (Kalispell, MT MSA)

Loan Size Originations Total Value Average Loan
$200k-400k 546 $165,880,000 $303,810
$400k-600k 409 $195,555,000 $478,130
$100k-200k 240 $33,360,000 $139,000
$100,000 or less 214 $12,650,000 $59,112
$600k-1000k 211 $153,925,000 $729,502
$Over $1MM 126 $277,230,000 $2,200,238

Kalispell's loan sizing saw the bucket of loans from $200k-400k with 546 originations, totaling $165,880,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 442 $231,720,000 $524,253
60-80% 406 $293,630,000 $723,227
Under 20% 306 $36,350,000 $118,791
40-60% 257 $159,775,000 $621,693
20-40% 249 $73,685,000 $295,924
Over 100% 19 $10,655,000 $560,789

Kalispell's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 442 originations, totaling $231,720,000 in origination value.