Kalispell Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Kalispell averaged
6.55%
for the week of 2024-10-10, compared to the national average of
6.32% for the same period.
The average rate for the prior week (2024-10-03) was
6.35% and
one month ago for the week of 2024-09-05, the
average rate was 6.38%.
Kalispell's average rate one year ago was 7.42%.
For refis of the same type during the week of 2024-10-10, the average rate
was 6.82%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-10-10 | 6.32% |
| Kalispell 30 Year Fixed Rate | 2024-10-10 | 6.55% |
| Kalispell 30 Year Fixed Rate Refi | 2024-10-10 | 6.82% |
| Kalispell 15 Year Fixed Rate | 2024-10-10 | 5.61% |
| Kalispell 15 Year Fixed Rate Refi | 2024-10-10 | 5.71% |
| Kalispell 30 Year FHA | 2024-10-10 | 5.58% |
| Kalispell 30 Year FHA Refi | 2024-10-10 | 6% |
| Kalispell 30 Year USDA | 2024-10-10 | 6.28% |
| Kalispell 30 Year USDA Refi | 2024-10-10 | 6.08% |
| Kalispell 30 Year VA | 2024-10-10 | 5.86% |
| Kalispell 30 Year VA Refi | 2024-10-10 | 5.95% |
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.).
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.