Intrust Bank Mortgage Interest Rate and Cost Review

Is Intrust Bank a cheap or expensive mortgage lender? To help you shop for a mortgage, we compare the interest rates and closing costs charged by Intrust Bank to those of other lenders for a comparable set of borrowers. We maintain our independence by not accepting any money from the mortgage lenders we review. Going by historical data, here is our review of Intrust Bank nationally:

Review ItemIntrust Bank
Interest Ratesimilar to other lenders (-0.07%)
Loan Related Closing Costslower than other lenders (-$277)
National Rate and Closing Cost Star Rating(4)

On average, Intrust Bank’s interest rates were similar to those of other lenders (-0.07%) for a comparable set of borrowers. On the other hand, its loan related closing costs were lower than those of other lenders, with a difference of -$277. Overall, combining interest rates and closing costs we estimate that Intrust Bank tends to be a cheap lender, and give it a National Rate and Closing Costs Rating of 4 out of 5 stars. To visit Intrust Bank, its website is located at: https://www.intrustbank.com.

Intrust Bank’s Rate Review by City

Mortgage lenders often set different rates in different geographical markets. In particular, among the cities we track Intrust Bank was most active in:

  1. Wichita, KS
  2. Oklahoma City, OK
  3. Manhattan, KS
  4. Kansas City, MO
  5. Topeka, KS

In addition, Intrust Bank is our top ranked/best mortgage lender in terms of interest rate and closing costs in:

You can click through to check out Intrust Bank’s mortgage rate relative to those of other lenders within each city. Or, for our entire list of the top mortgage lenders by city, click here.

Intrust Bank’s Rate Review by Mortgage Type

Mortgage lenders also tend to charge different interest rates and closing costs depending on the type of mortgage. In our data, Intrust Bank originated Conforming, FHA and VA mortgages for new home purchases. It also originated Conforming and VA mortgages for refinances. Its average interest rate and total loan related closing cost difference relative to other lenders for comparable borrowers by mortgages type is as follows.

Purchase/Refinance:
New Purchase MortgagesConformingFHAVA
Interest Rate Difference-0.09%-0.19%-0.18%
Loan Related Closing Cost Difference-$321-$174-$109
Cost Adjusted Rate Difference-0.14%-0.21%-0.18%
National Star Rating(4)(4.5)(4.5)
Refinance MortgagesConformingVA
Interest Rate Difference-0.01%+0.00%
Loan Related Closing Cost Difference-$249+$0
Cost Adjusted Rate Difference-0.05%+0.00%
Average Star Rating(4)(3.5)

As a summary, Intrust Bank is cheap for Conforming, FHA and VA purchase mortgages. For refinancing mortgages, Intrust Bank is cheap for Conforming mortgage refinance. It is similar to other lenders for VA mortgage refinance. Nevertheless, individual circumstances can matter a lot for mortgage rates, and we always recommend shopping among several of our top mortgage lenders in your area before signing.

Other information about Intrust Bank:

Registered name: Intrust Bank National Association
Registered city and state: WICHITA, KS, 67202
Regulator: Office of the Comptroller of the Currency (OCC)
Top holder: INTRUST FINANCIAL CORPORATION

* Source of the data is Federal Financial Institutions Examination Council (FFIEC) and is for mortgages originated in the past year. Our comparable mortgages analysis controls for Intrust Bank’s distribution of loan term (e.g. 30 year vs 15 year), loan-to-value (LTV), debt-to-income (DTI), loan amount, loan program (e.g. Conforming/FHA), loan purpose (e.g. purchase/refinance), and commuting zone. Cost adjusted rates were computed based on each percent of the loan amount in above average loan related closing costs being worth +0.15 of a percentage point in interest rate. Furthermore, the amounts are regularized using a Bayesian approach to control for small samples.