First Interstate Bank Mortgage Lending & HMDA Data, 2017

In 2017, First Interstate Bank of Billings, MT reported 7,072 mortgage applications totaling $1.5 billion, down 7% from 2016. The average application was for $214,394, and applicants reported an average income of $109,429. 74% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Billings, MT (720), Cheyenne, WY (685) and Casper, WY (576) (applications in parentheses).

Mortgage Company & Address First Interstate Bank
Po Box 30918
Billings, MT 59116
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  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 7,072
Total Mortgage Loan Application Amount $1,516,198,000
Average Mortgage Loan Application Amount $214,394
Highest Mortgage Loan Application Amount $13,650,000
Average Applicant Income $109,429
Highest Applicant Income $49,970,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Interstate Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for First Interstate Bank by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Laramie, Wyoming 685 $ 141,591,000 $ 206,702 $ 95,000
Yellowstone, Montana 660 $ 120,631,000 $ 182,774 $ 85,000
Natrona, Wyoming 576 $ 100,914,000 $ 175,197 $ 89,000
Sheridan, Wyoming 417 $ 87,457,000 $ 209,729 $ 96,000
Gallatin, Montana 400 $ 105,169,000 $ 262,922 $ 128,000
Cascade, Montana 313 $ 28,071,000 $ 89,683 $ 76,000
Missoula, Montana 301 $ 72,701,000 $ 241,531 $ 104,000
Lewis and Clark, Montana 297 $ 60,471,000 $ 203,606 $ 85,000
Deschutes, Oregon 262 $ 88,261,000 $ 336,874 $ 149,000
Flathead, Montana 248 $ 62,711,000 $ 252,866 $ 123,000
Park, Montana 238 $ 51,656,000 $ 217,042 $ 87,000
Fremont, Wyoming 177 $ 31,516,000 $ 178,056 $ 79,000
Albany, Wyoming 169 $ 33,477,000 $ 198,088 $ 106,000
Lawrence, South Dakota 152 $ 32,639,000 $ 214,730 $ 111,000
Campbell, Wyoming 138 $ 20,259,000 $ 146,804 $ 97,000
Teton, Wyoming 123 $ 75,378,000 $ 612,829 $ 577,000
Pennington, South Dakota 120 $ 20,991,000 $ 174,925 $ 105,000
Ada, Idaho 100 $ 24,438,000 $ 244,380 $ 136,000
Ravalli, Montana 85 $ 26,277,000 $ 309,141 $ 98,000
Custer, Montana 75 $ 7,650,000 $ 102,000 $ 62,000
Meade, South Dakota 74 $ 12,193,000 $ 164,770 $ 80,000
Johnson, Wyoming 69 $ 13,525,000 $ 196,014 $ 81,000
Lake, Montana 66 $ 13,502,000 $ 204,575 $ 107,000
Lincoln, Wyoming 64 $ 16,383,000 $ 255,984 $ 121,000
Rosebud, Montana 60 $ 2,703,000 $ 45,050 $ 63,000
Carbon, Montana 59 $ 11,109,000 $ 188,288 $ 85,000
Teton, Idaho 54 $ 12,914,000 $ 239,148 $ 115,000
Stillwater, Montana 52 $ 8,914,000 $ 171,423 $ 88,000
Jackson, Oregon 46 $ 11,778,000 $ 256,043 $ 140,000
Butte, South Dakota 45 $ 6,758,000 $ 150,177 $ 68,000
Canyon, Idaho 44 $ 4,593,000 $ 104,386 $ 48,000
Crook, Oregon 37 $ 11,714,000 $ 316,594 $ 148,000
Coos, Oregon 36 $ 7,642,000 $ 212,277 $ 84,000
Big Horn, Montana 35 $ 2,954,000 $ 84,400 $ 83,000
Jefferson, Montana 34 $ 8,673,000 $ 255,088 $ 111,000
Madison, Montana 34 $ 8,157,000 $ 239,911 $ 174,000
Lincoln, Montana 31 $ 5,716,000 $ 184,387 $ 64,000
Broadwater, Montana 24 $ 4,674,000 $ 194,750 $ 67,000
Custer, South Dakota 24 $ 3,732,000 $ 155,500 $ 52,000
Fall River, South Dakota 24 $ 2,564,000 $ 106,833 $ 243,000
Crook, Wyoming 24 $ 5,325,000 $ 221,875 $ 94,000
Lincoln, Oregon 21 $ 3,723,000 $ 177,285 $ 90,000
Elmore, Idaho 20 $ 2,011,000 $ 100,550 $ 76,000
Silver Bow, Montana 20 $ 2,680,000 $ 134,000 $ 97,000
Glacier, Montana 19 $ 3,202,000 $ 168,526 $ 84,000
Lane, Oregon 17 $ 4,041,000 $ 237,705 $ 107,000
Marion, Oregon 17 $ 4,292,000 $ 252,470 $ 84,000
Carbon, Wyoming 17 $ 2,668,000 $ 156,941 $ 89,000
Weld, Colorado 15 $ 3,644,000 $ 242,933 $ 95,000
Converse, Wyoming 15 $ 2,758,000 $ 183,866 $ 80,000
Gem, Idaho 14 $ 1,702,000 $ 121,571 $ 74,000
Musselshell, Montana 13 $ 1,457,000 $ 112,076 $ 67,000
Josephine, Oregon 13 $ 2,131,000 $ 163,923 $ 59,000
Maricopa, Arizona 12 $ 2,986,000 $ 248,833 $ 226,000
Larimer, Colorado 11 $ 3,032,000 $ 275,636 $ 136,000
Mineral, Montana 10 $ 1,712,000 $ 171,200 $ 55,000
Sweet Grass, Montana 10 $ 2,535,000 $ 253,500 $ 83,000
Douglas, Oregon 10 $ 1,338,000 $ 133,800 $ 59,000
Jefferson, Oregon 10 $ 3,147,000 $ 314,700 $ 105,000
Pacific, Washington 10 $ 1,243,000 $ 124,300 $ 47,000
Weston, Wyoming 10 $ 1,886,000 $ 188,600 $ 99,000
Valley, Idaho 9 $ 2,829,000 $ 314,333 $ 253,000
Multnomah, Oregon 8 $ 4,573,000 $ 571,625 $ 262,000
Sublette, Wyoming 8 $ 1,327,000 $ 165,875 $ 68,000
Pima, Arizona 7 $ 1,009,000 $ 144,142 $ 334,000
Beaverhead, Montana 7 $ 1,228,000 $ 175,428 $ 109,000
Deer Lodge, Montana 7 $ 1,510,000 $ 215,714 $ 114,000
Granite, Montana 7 $ 1,278,000 $ 182,571 $ 102,000
Teton, Montana 7 $ 791,000 $ 113,000 $ 57,000
Clatsop, Oregon 7 $ 2,116,000 $ 302,285 $ 78,000
Curry, Oregon 7 $ 1,519,000 $ 217,000 $ 109,000
Klamath, Oregon 7 $ 550,000 $ 78,571 $ 49,000
Hot Springs, Wyoming 7 $ 1,137,000 $ 162,428 $ 86,000
Clark, Washington 6 $ 2,416,000 $ 402,666 $ 1,346,000
Sweetwater, Wyoming 6 $ 1,069,000 $ 178,166 $ 133,000
San Francisco, California 5 $ 4,958,000 $ 991,600 $ 218,000
Phillips, Montana 5 $ 414,000 $ 82,800 $ 65,000
Pondera, Montana 5 $ 657,000 $ 131,400 $ 97,000
Roosevelt, Montana 5 $ 570,000 $ 114,000 $ 63,000
Valley, Montana 5 $ 654,000 $ 130,800 $ 202,000
Washington, Oregon 5 $ 3,001,000 $ 600,200 $ 187,000
King, Washington 5 $ 9,984,000 $ 1,996,800 $ 122,000
Kittitas, Washington 5 $ 2,041,000 $ 408,200 $ 261,000
Placer, California 4 $ 5,434,000 $ 1,358,500 $ 540,000
Chouteau, Montana 4 $ 631,000 $ 157,750 $ 87,000
Meagher, Montana 4 $ 453,000 $ 113,250 $ 28,000
Powder River, Montana 4 $ 267,000 $ 66,750 $ 69,000
Clackamas, Oregon 4 $ 1,643,000 $ 410,750 $ 218,000
Linn, Oregon 4 $ 1,874,000 $ 468,500 $ 59,000
Snohomish, Washington 4 $ 1,940,000 $ 485,000 $ 184,000
Big Horn, Wyoming 4 $ 499,000 $ 124,750 $ 31,000
Nevada, California 3 $ 2,427,000 $ 809,000 $ 257,000
Arapahoe, Colorado 3 $ 689,000 $ 229,666 $ 160,000
Bonneville, Idaho 3 $ 626,000 $ 208,666 $ 64,000
Owyhee, Idaho 3 $ 227,000 $ 75,666 $ 47,000
Powell, Montana 3 $ 431,000 $ 143,666 $ 45,000
Wheatland, Montana 3 $ 174,000 $ 58,000 $ 45,000
Washoe, Nevada 3 $ 1,696,000 $ 565,333 $ 283,000
Haakon, South Dakota 3 $ 535,000 $ 178,333 $ 135,000
Yavapai, Arizona 2 $ 261,000 $ 130,500 $ 60,000
Los Angeles, California 2 $ 2,916,000 $ 1,458,000 $ 468,000
San Diego, California 2 $ 1,594,000 $ 797,000 $ 251,000
Siskiyou, California 2 $ 501,000 $ 250,500 $ 301,000
Adams, Colorado 2 $ 467,000 $ 233,500 $ 106,000
El Paso, Colorado 2 $ 502,000 $ 251,000 $ 78,000
Jackson, Colorado 2 $ 423,000 $ 211,500 $ 100,000
Jefferson, Colorado 2 $ 704,000 $ 352,000 $ 124,000
Morgan, Colorado 2 $ 357,000 $ 178,500 $ 54,000
Kootenai, Idaho 2 $ 945,000 $ 472,500 $ 246,000
Carter, Montana 2 $ 80,000 $ 40,000 $ 115,000
Fergus, Montana 2 $ 198,000 $ 99,000 $ 64,000
Garfield, Montana 2 $ 397,000 $ 198,500 $ 24,000
Hill, Montana 2 $ 559,000 $ 279,500 $ 242,000
Prairie, Montana 2 $ 103,000 $ 51,500 $ 25,000
Sanders, Montana 2 $ 294,000 $ 147,000 $ 69,000
Treasure, Montana 2 $ 317,000 $ 158,500 $ 87,000
Scotts Bluff, Nebraska 2 $ 216,000 $ 108,000 $ 64,000
Douglas, Nevada 2 $ 1,888,000 $ 944,000 $ 940,000
Dona Ana, New Mexico 2 $ 300,000 $ 150,000 $ 90,000
Burleigh, North Dakota 2 $ 298,000 $ 149,000 $ 158,000
Ward, North Dakota 2 $ 640,000 $ 320,000 $ 130,000
Benton, Oregon 2 $ 375,000 $ 187,500 $ 328,000
Polk, Oregon 2 $ 567,000 $ 283,500 $ 93,000
Washington, Utah 2 $ 725,000 $ 362,500 $ 198,000
Cowlitz, Washington 2 $ 848,000 $ 424,000 $ 114,000
Grays Harbor, Washington 2 $ 343,000 $ 171,500 $ 50,000
Kitsap, Washington 2 $ 477,000 $ 238,500 $ 197,000
Spokane, Washington 2 $ 280,000 $ 140,000 $ 39,000
Wahkiakum, Washington 2 $ 384,000 $ 192,000 $ 51,000
Park, Wyoming 2 $ 613,000 $ 306,500 $ 117,000
Uinta, Wyoming 2 $ 140,000 $ 70,000 $ 46,000
Washakie, Wyoming 2 $ 212,000 $ 106,000 $ 75,000
Mohave, Arizona 1 $ 323,000 $ 323,000 $ 288,000
Alpine, California 1 $ 385,000 $ 385,000 $ 395,000
El Dorado, California 1 $ 408,000 $ 408,000 $ 221,000
Fresno, California 1 $ 308,000 $ 308,000 $ 147,000
Riverside, California 1 $ 264,000 $ 264,000 $ 182,000
Sacramento, California 1 $ 353,000 $ 353,000 $ 165,000
San Mateo, California 1 $ 900,000 $ 900,000 $ 284,000
Tulare, California 1 $ 175,000 $ 175,000 $ 154,000
Yolo, California 1 $ 125,000 $ 125,000 $ 98,000
Broomfield, Colorado 1 $ 399,000 $ 399,000 $ 203,000
Denver, Colorado 1 $ 685,000 $ 685,000 $ 182,000
Grand, Colorado 1 $ 264,000 $ 264,000 $ 51,000
Mesa, Colorado 1 $ 86,000 $ 86,000 $ 30,000
Bannock, Idaho 1 $ 165,000 $ 165,000 $ 45,000
Boise, Idaho 1 $ 227,000 $ 227,000 $ 126,000
Fremont, Idaho 1 $ 424,000 $ 424,000 $ 185,000
Jerome, Idaho 1 $ 84,000 $ 84,000 $ 47,000
Latah, Idaho 1 $ 180,000 $ 180,000 $ 310,000
Twin Falls, Idaho 1 $ 117,000 $ 117,000 $ 47,000
Campbell, Kentucky 1 $ 302,000 $ 302,000 $ 157,000
Stevens, Minnesota 1 $ 19,000 $ 19,000 $ 59,000
Dawson, Montana 1 $ 53,000 $ 53,000 $ 85,000
Golden Valley, Montana 1 $ 10,000 $ 10,000 $ 45,000
Petroleum, Montana 1 $ 64,000 $ 64,000 $ 36,000
Toole, Montana 1 $ 94,000 $ 94,000 $ 0
Clark, Nevada 1 $ 196,000 $ 196,000 $ 36,000
Elko, Nevada 1 $ 137,000 $ 137,000 $ 44,000
Curry, New Mexico 1 $ 369,000 $ 369,000 $ 175,000
McKinley, New Mexico 1 $ 134,000 $ 134,000 $ 120,000
Santa Fe, New Mexico 1 $ 402,000 $ 402,000 $ 174,000
Grand Forks, North Dakota 1 $ 315,000 $ 315,000 $ 104,000
McKenzie, North Dakota 1 $ 199,000 $ 199,000 $ 69,000
Williams, North Dakota 1 $ 68,000 $ 68,000 $ 66,000
Malheur, Oregon 1 $ 150,000 $ 150,000 $ 27,000
Tillamook, Oregon 1 $ 255,000 $ 255,000 $ 102,000
Umatilla, Oregon 1 $ 213,000 $ 213,000 $ 109,000
Yamhill, Oregon 1 $ 288,000 $ 288,000 $ 172,000
Berkeley, South Carolina 1 $ 4,000 $ 4,000 $ 10,000
Brookings, South Dakota 1 $ 293,000 $ 293,000 $ 145,000
Brown, South Dakota 1 $ 305,000 $ 305,000 $ 110,000
Brule, South Dakota 1 $ 183,000 $ 183,000 $ 49,000
Davison, South Dakota 1 $ 147,000 $ 147,000 $ 112,000
Hughes, South Dakota 1 $ 146,000 $ 146,000 $ 52,000
Lake, South Dakota 1 $ 424,000 $ 424,000 $ 95,000
Sully, South Dakota 1 $ 140,000 $ 140,000 $ 144,000
Rutherford, Tennessee 1 $ 191,000 $ 191,000 $ 96,000
Morgan, Utah 1 $ 323,000 $ 323,000 $ 110,000
Whitman, Washington 1 $ 150,000 $ 150,000 $ 78,000
Waukesha, Wisconsin 1 $ 236,000 $ 236,000 $ 76,000
Goshen, Wyoming 1 $ 174,000 $ 174,000 $ 62,000
Niobrara, Wyoming 1 $ 137,000 $ 137,000 $ 172,000

Mortgage Loan Application Detail Totals for First Interstate Bank in 2017

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 4,417 $1,016,120,000 $230,000 $7,658,000 $106,000 $6,344,000
Refinancing 1,883 $433,882,000 $230,000 $13,650,000 $132,000 $49,970,000
Home Improvement 772 $66,196,000 $85,000 $2,220,000 $74,000 $801,000

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 5,919 $1,232,247,000 $208,000 $6,691,000 $105,000 $6,344,000
Not Provided 664 $176,402,000 $265,000 $13,650,000 $191,000 $49,970,000
Hispanic 190 $32,257,000 $169,000 $600,000 $82,000 $1,270,000
Not applicable 165 $57,488,000 $348,000 $7,658,000 $0 $0
American Indian or Alaskan Native 71 $5,987,000 $84,000 $345,000 $71,000 $512,000
Asian 34 $6,968,000 $204,000 $900,000 $93,000 $348,000
Black or African American 18 $3,333,000 $185,000 $424,000 $77,000 $313,000
Native Hawaiian or Other Pacific Islander 11 $1,516,000 $137,000 $278,000 $64,000 $133,000

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) 5,713 $1,221,959,000 $213,000 $13,650,000 $119,000 $49,970,000
FHA-insured (Federal Housing Administration) 590 $114,431,000 $193,000 $540,000 $66,000 $565,000
VA-guaranteed (Veterans Administration) 499 $131,743,000 $264,000 $808,000 $83,000 $414,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 270 $48,065,000 $178,000 $428,000 $54,000 $211,000

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 5,204 $1,096,134,000 $210,000 $7,658,000 $102,000 $4,414,000
Application Withdrawn By Applicant 1,095 $267,231,000 $244,000 $13,650,000 $162,000 $49,970,000
Application Denied By Financial Institution 620 $114,418,000 $184,000 $2,500,000 $77,000 $1,010,000
Application Approved But Not Accepted 126 $32,617,000 $258,000 $1,500,000 $129,000 $1,208,000
File Closed For Incompleteness 26 $5,794,000 $222,000 $1,162,000 $137,000 $930,000
Loan Purchased By The Institution 1 $4,000 $4,000 $4,000 $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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into First Interstate Bank's 2017 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess First Interstate Bank's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Montana, download the full spreadsheet with aggregated HMDA statistics today.

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