First Interstate Bank
Mortgage Loan Application
Totals and Details
for 2018

Find mortgage loan statistics, lending data, and loan application totals for Montana.
The mortgage statistics and data below are specific to mortgage loan applications for First Interstate Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address First Interstate Bank
Po Box 30918
Billings, MT 59116
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 8,464
Total Mortgage Loan Application Amount $1,662,830,000
Average Mortgage Loan Application Amount $181,166
Highest Mortgage Loan Application Amount $5,005,000
Average Applicant Income $96,666
Highest Applicant Income $2,795,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MT, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for First Interstate Bank by Metropolitan Area in 2018

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
NA (OUTSIDE OF MSA/MD) 4,244 $ 824,500,000 $ 306,846 $ 132,692
BILLINGS, MT 740 $ 130,170,000 $ 175,000 $ 97,000
CASPER, WY 619 $ 108,605,000 $ 175,000 $ 103,000
CHEYENNE, WY 617 $ 118,525,000 $ 192,000 $ 97,000
MISSOULA, MT 458 $ 84,040,000 $ 183,000 $ 149,000
BEND-REDMOND, OR 436 $ 117,810,000 $ 270,000 $ 177,000
BOISE CITY, ID 308 $ 38,860,000 $ 126,000 $ 101,000
RAPID CITY, SD 302 $ 52,600,000 $ 174,000 $ 111,000
SPOKANE-SPOKANE VALLEY, WA 171 $ 51,105,000 $ 298,000 $ 153,000
GREAT FALLS, MT 141 $ 22,265,000 $ 157,000 $ 104,000
MEDFORD, OR 67 $ 14,645,000 $ 218,000 $ 117,000
SALEM, OR 49 $ 12,295,000 $ 250,000 $ 132,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 34 $ 9,990,000 $ 291,000 $ 117,000
GRANTS PASS, OR 31 $ 3,595,000 $ 115,000 $ 90,000
COEUR D'ALENE, ID 26 $ 6,100,000 $ 234,000 $ 157,000
EUGENE, OR 25 $ 6,885,000 $ 275,000 $ 176,000
SEATTLE-BELLEVUE-EVERETT, WA 22 $ 5,700,000 $ 259,000 $ 152,000
FORT COLLINS, CO 20 $ 4,840,000 $ 242,000 $ 153,000
PHOENIX-MESA-SCOTTSDALE, AZ 15 $ 4,575,000 $ 305,000 $ 170,000
DENVER-AURORA-LAKEWOOD, CO 14 $ 5,120,000 $ 365,000 $ 176,000
KENNEWICK-RICHLAND, WA 11 $ 1,905,000 $ 173,000 $ 162,000
GREELEY, CO 7 $ 1,735,000 $ 247,000 $ 138,000
TACOMA-LAKEWOOD, WA 7 $ 1,415,000 $ 202,000 $ 173,000
CORVALLIS, OR 5 $ 1,465,000 $ 293,000 $ 76,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 5 $ 4,665,000 $ 933,000 $ 831,000
TWIN FALLS, ID 5 $ 1,025,000 $ 205,000 $ 261,000
TUCSON, AZ 4 $ 480,000 $ 120,000 $ 199,000
ALBANY, OR 3 $ 745,000 $ 248,000 $ 160,000
COLORADO SPRINGS, CO 3 $ 875,000 $ 291,000 $ 63,000
IDAHO FALLS, ID 3 $ 955,000 $ 318,000 $ 116,000
OAKLAND-HAYWARD-BERKELEY, CA 3 $ 1,225,000 $ 408,000 $ 145,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 3 $ 1,795,000 $ 598,000 $ 362,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 3 $ 1,275,000 $ 425,000 $ 397,000
FARMINGTON, NM 2 $ 450,000 $ 225,000 $ 87,000
LAS VEGAS-HENDERSON-PARADISE, NV 2 $ 520,000 $ 260,000 $ 115,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 2 $ 2,340,000 $ 1,170,000 $ 763,000
PRESCOTT, AZ 2 $ 310,000 $ 155,000 $ 126,000
SIOUX FALLS, SD 2 $ 450,000 $ 225,000 $ 143,000
VALLEJO-FAIRFIELD, CA 2 $ 2,350,000 $ 1,175,000 $ 314,000
ANAHEIM-SANTA ANA-IRVINE, CA 1 $ 1,495,000 $ 1,495,000 $ 2,525,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 1 $ 155,000 $ 155,000 $ 86,000
BOULDER, CO 1 $ 115,000 $ 115,000 $ 99,000
CHICO, CA 1 $ 175,000 $ 175,000 $ 67,000
KANSAS CITY, MO-KS 1 $ 85,000 $ 85,000 $ 0
LAKE HAVASU CITY-KINGMAN, AZ 1 $ 155,000 $ 155,000 $ 30,000
LINCOLN, NE 1 $ 115,000 $ 115,000 $ 130,000
LOGAN, UT-ID 1 $ 455,000 $ 455,000 $ 220,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 1 $ 305,000 $ 305,000 $ 291,000
OLYMPIA-TUMWATER, WA 1 $ 195,000 $ 195,000 $ 36,000
OMAHA-COUNCIL BLUFFS, NE-IA 1 $ 195,000 $ 195,000 $ 58,000
RENO, NV 1 $ 665,000 $ 665,000 $ 396,000
SALINAS, CA 1 $ 1,725,000 $ 1,725,000 $ 703,000
SAN ANTONIO-NEW BRAUNFELS, TX 1 $ 205,000 $ 205,000 $ 0
SAN DIEGO-CARLSBAD, CA 1 $ 505,000 $ 505,000 $ 351,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 1 $ 625,000 $ 625,000 $ 285,000
SIERRA VISTA-DOUGLAS, AZ 1 $ 55,000 $ 55,000 $ 64,000
TUSCALOOSA, AL 1 $ 165,000 $ 165,000 $ 80,000
WENATCHEE, WA 1 $ 135,000 $ 135,000 $ 73,000
YUMA, AZ 1 $ 185,000 $ 185,000 $ 139,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Montana, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for First Interstate Bank in 2018

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 4,446 $1,091,070,000 $245,000 $5,005,000 $120,000 $2,795,000
Refinancing 1,188 $205,510,000 $172,000 $2,335,000 $132,000 $2,600,000
Other Purpose 1,158 $118,700,000 $102,000 $975,000 $115,000 $1,318,000
Home Improvement 901 $76,075,000 $84,000 $605,000 $118,000 $1,379,000
Cash-out Refinancing 767 $170,425,000 $222,000 $1,765,000 $95,000 $1,625,000
Not Applicable 4 $1,050,000 $262,000 $355,000 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 7,414 $1,435,960,000 $193,000 $5,005,000 $118,000 $2,795,000
Not Provided 460 $96,380,000 $209,000 $1,155,000 $131,000 $1,625,000
Not applicable 222 $60,340,000 $271,000 $4,535,000 $74,000 $74,000
Hispanic 203 $38,515,000 $189,000 $1,555,000 $92,000 $750,000
American Indian or Alaskan Native 71 $13,445,000 $189,000 $1,495,000 $126,000 $2,525,000
Asian 53 $11,355,000 $214,000 $1,325,000 $111,000 $620,000
Black or African American 28 $4,680,000 $167,000 $465,000 $100,000 $300,000
Native Hawaiian or Other Pacific Islander 5 $1,065,000 $213,000 $385,000 $110,000 $180,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 7,459 $1,444,085,000 $193,000 $5,005,000 $125,000 $2,795,000
FHA-insured (Federal Housing Administration) 485 $94,755,000 $195,000 $385,000 $66,000 $302,000
VA-guaranteed (Veterans Administration) 344 $91,530,000 $266,000 $765,000 $83,000 $492,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 176 $32,460,000 $184,000 $375,000 $55,000 $205,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 6,327 $1,235,245,000 $195,000 $5,005,000 $122,000 $2,795,000
Application Withdrawn By Applicant 1,177 $274,435,000 $233,000 $2,145,000 $121,000 $2,600,000
Application Denied By Financial Institution 746 $123,250,000 $165,000 $2,375,000 $81,000 $1,072,000
Application Approved But Not Accepted 165 $20,125,000 $121,000 $705,000 $124,000 $1,186,000
File Closed For Incompleteness 43 $8,245,000 $191,000 $675,000 $118,000 $903,000
Loan Purchased By The Institution 6 $1,530,000 $255,000 $355,000 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 7,718 $1,539,580,000 $199,000 $5,005,000 $122,000 $2,795,000
Debt-To-Income Ratio 298 $51,630,000 $173,000 $2,375,000 $59,000 $485,000
Collateral 180 $30,030,000 $166,000 $1,705,000 $114,000 $1,006,000
Credit History 175 $25,325,000 $144,000 $1,445,000 $82,000 $800,000
Other 42 $7,710,000 $183,000 $1,845,000 $117,000 $1,072,000
Insufficient Cash (Downpayment, Closing Cost) 20 $3,810,000 $190,000 $935,000 $86,000 $373,000
Employment History 15 $2,115,000 $141,000 $255,000 $62,000 $98,000
Unverifiable Information 14 $2,440,000 $174,000 $425,000 $58,000 $109,000
Credit Application Incomplete 2 $190,000 $95,000 $155,000 $50,000 $52,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MT, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Montana, and search similar information at your convenience.

Download the Montana Lender List