What loan types does Western State Bank offer?

Western State Bank offers the following mortgage loan types: FHA, Conventional. Each product has its own pricing score and performance metrics.

Where does Western State Bank offer mortgages?

Western State Bank offers mortgages in 8 states: AZ, GA, IL, MN, MT, ND, NM, TX.

How competitive are Western State Bank's mortgage rates?

Western State Bank has an overall pricing score of 76.4/100, based on analysis of their loan data including average spread and fees compared to market benchmarks.

What type of lender is Western State Bank?

Western State Bank is a Bank headquartered in Devils Lake, ND.

Unclaimed

Western State Bank

Bank•Devils Lake, NDHQ•Direct•Reviews near you on Google

Western State Bank has 123 closed loans in our dataset — fully analyzed and benchmarked against peers across the 5 Ps of Mortgage Shopping.

Ratings· each scored 1–5 against peer lenders

Pricing

Strong

4/5

vs. all lenders

Pull-through

Acceptable

2/5

closing strength

Product

Sound

3/5

FHA · Conventional

Place

Strong

4/5

Multi-Region · 2 mkts

Promptness

Not enough data

—/5

No quote responses measured yet

Summary

What They Do Well

Offers rates 2.50 basis points below market average
Lower than average lender fees

Things to Think About

Pull through efficiency is below industry average

Explore another lender or local market

Report Card

Western State Bank performance at a glance

Overall Performance· Pricing & closing strength

Pricing

Rate competitiveness

Strong

Rates 2.5 bps below market avg

4/5

Pull Through

Closing strength

Acceptable

Bottom 40% of lenders

2/5

By Loan Product· Specialization by type

Conventional

105 loans · 0.08% below market

Sound

Top 60% of lenders

3/5

FHA

12 loans · 0.65% above market

Sound

Top 60% of lenders

3/5

By Loan Purpose· Transaction purpose mix

Purchase

104 loans · 0.07% below market

Sound

Top 60% of lenders

3/5

Refinance

19 loans · 0.24% above market

Acceptable

Bottom 40% of lenders

2/5

By Location· Geographic coverage

Geographic Reach

Multi-Regional · 3 markets

Sound

Top 60% of lenders

3/5

Loan Product Performance

Performance by Loan Product

Loan Type	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Conventional	Sound	Sound	Strong	Sound	105	85.4%	-0.082%Below	$1,647Fees
FHA Loans	Sound	Sound	—	Sound	12	9.8%	+0.652%Above	$1,530Fees

Conventional

Overall

Sound

Product

Sound

Pricing

Strong

Pull Through

Sound

Volume105

Mix85.4%

Spread

-0.082%Below

Fees

$1,647Fees

FHA Loans

Overall

Sound

Product

Sound

Pricing—

Pull Through

Sound

Volume12

Mix9.8%

Spread

+0.652%Above

Fees

$1,530Fees

Loan Purpose Performance

Performance by Loan Purpose

Purpose	Overall	Product	Pricing	Pull Through	Volume	Mix	Spread	Fees
Purchase	Sound	Sound	Strong	Sound	104	84.6%	-0.068%Below	$1,624Fees
Refinance	Acceptable	Acceptable	—	Acceptable	19	15.4%	+0.236%Above	$1,195Fees

Purchase

Overall

Sound

Product

Sound

Pricing

Strong

Pull Through

Sound

Volume104

Mix84.6%

Spread

-0.068%Below

Fees

$1,624Fees

Refinance

Overall

Acceptable

Product

Acceptable

Pricing—

Pull Through

Acceptable

Volume19

Mix15.4%

Spread

+0.236%Above

Fees

$1,195Fees

At a Glance

Lender Overview

Lending Activity

Loans Originated

123

Applications

182

Volume

$38 million

Pricing & Closing

Avg Rate Spread

-0.025%

vs. market APOR

Avg Net Fees

$1,562

Origination − Credits

Pullthrough Rate

67.6%

Applications → Closed

Typical Borrower

Avg Loan Amount

$316,870

Avg Borrower Income

$177,927

Avg Property Value

$501,667

Geographic Coverage

Geographic Performance

Metro Areas

markets with activity

States Served

of 50 states + DC

Avg Place Specialization

Strong

4/5

States with Loan Originations

8Full-year 2024 · HMDA

Loans originated

< 2020–5050+None

Midwest3

ILMNND

South2

GATX

West3

AZMTNM

Top Metro Areas by Place Specialization Score

Fargo, ND, ND-MNMetro

Volume 54Mix 43.90% of portfolio

73/100

Strong

Phoenix, AZMetro

Volume 31Mix 25.20% of portfolio

57/100

Sound

Top States by Place Specialization Score

North DakotaState

Volume 61Mix 49.59% of portfolio

69/100

Strong

ArizonaState

Volume 34Mix 27.64% of portfolio

57/100

Sound

MinnesotaState

Volume 20Mix 16.26% of portfolio

51/100

Sound

How We Rank Lenders

Our rankings use an equal-weight average of scores across the 5 Ps — Pricing, Product, Pull-Through, and Place — with lender promptness blending in as the fifth once a lender has responded to real shopper quote requests.

Our Point System (Max 50 Points)

10/ 50 pts

Pricing

How competitively a lender prices vs. the market benchmark (20%).

10/ 50 pts

Product

Performance on your specific loan type (20%).

10/ 50 pts

Pull Through

How reliably a lender closes the loans it starts (20%).

10/ 50 pts

Place

Depth of a lender's expertise in your local market (20%).

10/ 50 pts

Promptness

How quickly a lender answers real quote requests — blended in once they respond (20%).

Champion(80%+ = 40-50 points)

Superstar(60-79% = 30-39 points)

Data Integrity & Updates

Data is updated quarterly based on the latest HMDA filings and proprietary SafeRate analysis. All metrics are calculated using standardized methodologies to ensure fair comparison across lenders.

Looking for a different lender?

Are you the owner of Western State Bank?

Claim this profile to add your business logo, highlight verified loan officers, collect verified reviews, and customize your marketing presence.

Claim this Profile

The 5 PsRankings are calculated from observed lender differences on closed loans across Pricing, Pull-through, Product, and Place, plus Promptness when a lender has answered real shopper quote requests.

No Pay to PlayLenders cannot buy their way to the top. Rankings are 100% earned.

HMDA 2024Built using publicly available originated loan data from the federal government.

Peer BenchmarkedPerformance is normalized and benchmarked against peer institutions.