Silicon Valley Bank Mortgage Rates, Fees & Info
Santa Clara, CALEI: 0K2D5AK28E3O5CC06E35
Tax ID: 94-2875288
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Mortgage Data
Review & Overview
Silicon Valley Bank is a small bank specializing in Home Purchase and Cash Out Refi loans. Silicon Valley Bank has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Boston, Los Angeles, San Jose, and New York among others. We have data for 120 markets. (Some data included below & more in-depth data is available with an active subscription.)Silicon Valley Bank has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Silicon Valley Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 5.09% | 11/22/24 |
| 30 Year Conventional Refi | 5.58% | 11/22/24 |
| 30 Year Cash-out Refi | 5.58% | 11/22/24 |
| 15 Year Conventional Purchase | 4.64% | 11/22/24 |
| 15 Year Conventional Refi | 5.39% | 11/22/24 |
| 15 Year Cash-out Refi | 5.39% | 11/22/24 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Silicon Valley Bank Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,705Origination Dollar Volume (All Markets)
$2,810,095,000Awards
Silicon Valley Bank - 2022
Silicon Valley Bank is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 401 | $721,965,000 | $1,800,411 | $5,780 | 2.91% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 241 | $299,435,000 | $1,242,469 | $4,665 | 2.95% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 194 | $268,740,000 | $1,385,258 | $6,086 | 3.00% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 111 | $179,195,000 | $1,614,369 | $4,465 | 3.04% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 88 | $167,490,000 | $1,903,295 | $6,961 | 3.17% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 51 | $122,525,000 | $2,402,451 | $11,113 | 3.18% |
| Outside of Metro Areas | 25 | $84,065,000 | $3,362,600 | $10,229 | 2.95% |
| Bozeman, MT (FHA|USDA|VA) | 4 | $81,230,000 | $20,307,500 | $33,170 | 3.92% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 45 | $60,635,000 | $1,347,444 | $9,239 | 3.15% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 33 | $54,045,000 | $1,637,727 | $4,966 | 3.14% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 16 | $52,340,000 | $3,271,250 | $8,082 | 3.13% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 22 | $43,610,000 | $1,982,273 | $5,741 | 3.22% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 7 | $33,745,000 | $4,820,714 | $5,269 | 3.25% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 18 | $31,810,000 | $1,767,222 | $4,675 | 3.20% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 16 | $31,230,000 | $1,951,875 | $6,186 | 3.11% |
| NAPA, CA (FHA|USDA|VA) | 8 | $30,920,000 | $3,865,000 | $7,063 | 3.11% |
| Heber, UT (FHA|USDA|VA) | 9 | $29,655,000 | $3,295,000 | $6,737 | 2.74% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 45 | $29,515,000 | $655,889 | $5,590 | 3.41% |
| SALINAS, CA (FHA|USDA|VA) | 12 | $27,880,000 | $2,323,333 | $4,966 | 3.36% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 18 | $24,010,000 | $1,333,889 | $9,312 | 3.20% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 16 | $23,570,000 | $1,473,125 | $5,336 | 3.20% |
| Vineyard Haven, MA (FHA|USDA|VA) | 3 | $23,015,000 | $7,671,667 | $15,856 | 3.13% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 21 | $21,205,000 | $1,009,762 | $3,992 | 3.45% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 17 | $20,645,000 | $1,214,412 | $4,921 | 3.04% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 5 | $16,675,000 | $3,335,000 | $9,258 | 3.73% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 14 | $16,250,000 | $1,160,714 | $5,872 | 3.60% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 8 | $16,140,000 | $2,017,500 | $8,976 | 3.40% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 4 | $13,560,000 | $3,390,000 | $8,525 | 2.72% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 20 | $12,710,000 | $635,500 | $4,344 | 2.78% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 6 | $11,980,000 | $1,996,667 | $8,883 | 2.77% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 10 | $11,880,000 | $1,188,000 | $5,718 | 3.30% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $10,805,000 | $10,805,000 | $16,382 | 3.00% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 8 | $10,120,000 | $1,265,000 | $8,823 | 3.00% |
| Hilo, HI (FHA|USDA|VA) | 5 | $9,275,000 | $1,855,000 | $6,244 | 2.83% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 4 | $8,790,000 | $2,197,500 | $6,430 | 2.97% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 11 | $8,755,000 | $795,909 | $3,756 | 2.92% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 7 | $8,485,000 | $1,212,143 | $4,371 | 3.39% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 7 | $7,615,000 | $1,087,857 | $6,201 | 3.38% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 5 | $6,815,000 | $1,363,000 | $5,177 | 3.63% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 5 | $6,525,000 | $1,305,000 | $5,367 | 3.18% |
| BOULDER, CO (FHA|USDA|VA) | 5 | $6,515,000 | $1,303,000 | $3,233 | 3.55% |
| RENO, NV (FHA|USDA|VA) | 5 | $6,455,000 | $1,291,000 | $6,321 | 3.63% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 4 | $6,230,000 | $1,557,500 | $3,410 | 4.53% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 7 | $5,685,000 | $812,143 | $5,223 | 2.32% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $5,005,000 | $5,005,000 | $11,993 | 2.13% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 5 | $4,695,000 | $939,000 | $4,149 | 3.85% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 3 | $4,605,000 | $1,535,000 | $0 | 4.02% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 6 | $4,490,000 | $748,333 | $5,380 | 3.73% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $4,290,000 | $2,145,000 | $8,990 | 3.25% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 4 | $4,160,000 | $1,040,000 | $5,674 | 3.25% |
| Hailey, ID (FHA|USDA|VA) | 2 | $4,160,000 | $2,080,000 | $8,701 | 2.56% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 7 | $3,975,000 | $567,857 | $5,144 | 2.70% |
| Edwards, CO (FHA|USDA|VA) | 2 | $3,910,000 | $1,955,000 | $8,071 | 2.81% |
| PROVO-OREM, UT (FHA|USDA|VA) | 5 | $3,875,000 | $775,000 | $4,422 | 3.40% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 4 | $3,850,000 | $962,500 | $3,847 | 2.97% |
| ST. GEORGE, UT (FHA|USDA|VA) | 2 | $3,770,000 | $1,885,000 | $4,554 | 3.06% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $3,310,000 | $827,500 | $6,496 | 3.19% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 2 | $3,100,000 | $1,550,000 | $4,484 | 2.88% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $3,005,000 | $3,005,000 | $9,723 | 2.88% |
| Kapaa, HI (FHA|USDA|VA) | 1 | $3,005,000 | $3,005,000 | $9,818 | 2.50% |
| Outside of Metro Areas | 2 | $2,980,000 | $1,490,000 | $5,594 | 3.13% |
| Breckenridge, CO (FHA|USDA|VA) | 3 | $2,965,000 | $988,333 | $3,017 | 3.25% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 4 | $2,930,000 | $732,500 | $3,467 | 3.81% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 6 | $2,920,000 | $486,667 | $6,632 | 3.52% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 3 | $2,855,000 | $951,667 | $3,369 | 3.17% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 4 | $2,830,000 | $707,500 | $3,024 | 3.81% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $2,755,000 | $2,755,000 | $7,382 | 2.75% |
| BEND, OR (FHA|USDA|VA) | 4 | $2,630,000 | $657,500 | $4,168 | 3.44% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $2,605,000 | $2,605,000 | $5,631 | 3.13% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $2,540,000 | $1,270,000 | $2,893 | 3.44% |
| Lebanon, NH-VT (FHA|USDA|VA) | 2 | $2,410,000 | $1,205,000 | $4,201 | 3.31% |
| SANTA FE, NM (FHA|USDA|VA) | 2 | $2,360,000 | $1,180,000 | $5,577 | 3.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $2,285,000 | $2,285,000 | $8,796 | 2.88% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $2,205,000 | $2,205,000 | $12,741 | 3.88% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $2,105,000 | $2,105,000 | $8,068 | 1.88% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $2,090,000 | $1,045,000 | $4,757 | 3.69% |
| Steamboat Springs, CO (FHA|USDA|VA) | 1 | $2,075,000 | $2,075,000 | $4,143 | 3.63% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $2,005,000 | $2,005,000 | $6,931 | 2.50% |
| STOCKTON, CA (FHA|USDA|VA) | 2 | $1,870,000 | $935,000 | $5,249 | 3.44% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $1,865,000 | $621,667 | $3,444 | 3.17% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 3 | $1,845,000 | $615,000 | $3,634 | 3.88% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $1,705,000 | $1,705,000 | $6,493 | 3.38% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 2 | $1,620,000 | $810,000 | $5,145 | 3.94% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $1,525,000 | $1,525,000 | $7,798 | 3.00% |
| ROCHESTER, NY (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $6,860 | 2.00% |
| Hudson, NY (FHA|USDA|VA) | 1 | $1,465,000 | $1,465,000 | $7,195 | 3.38% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $1,315,000 | $1,315,000 | $1,741 | 4.50% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $1,270,000 | $635,000 | $5,569 | 4.50% |
| PITTSFIELD, MA (FHA|USDA|VA) | 2 | $1,210,000 | $605,000 | $3,098 | 3.38% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $2,701 | 2.63% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $1,095,000 | $1,095,000 | $5,335 | 2.63% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $1,045,000 | $1,045,000 | $4,501 | 2.63% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $1,045,000 | $1,045,000 | $4,783 | 3.50% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 2 | $1,030,000 | $515,000 | $3,656 | 3.13% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $1,025,000 | $1,025,000 | $6,545 | 3.25% |
| Torrington, CT (FHA|USDA|VA) | 1 | $945,000 | $945,000 | $6,073 | 4.25% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 1 | $935,000 | $935,000 | $5,177 | 4.63% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $4,098 | 3.50% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 1 | $895,000 | $895,000 | $4,159 | 3.50% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $885,000 | $885,000 | $2,361 | 3.00% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $5,784 | 4.00% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $3,457 | 4.00% |
| MADISON, WI (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $1,671 | 3.63% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $2,963 | 2.38% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $4,735 | 3.63% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $2,875 | 3.00% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $4,582 | 3.50% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $3,855 | 3.50% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $2,052 | 3.00% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $2,081 | 3.88% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $3,181 | 3.00% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $4,131 | 3.00% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $7,340 | 4.00% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,900 | 3.38% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,397 | 3.88% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,949 | 3.88% |
| Shelby, NC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $4,678 | 2.88% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $7,683 | 4.00% |
| Boone, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,187 | 2.75% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,958 | 3.63% |
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,705 | $2,810,095,000 | $1,648,150 | $6,012 | 3.07% |
For 2022, Silicon Valley Bank's most frequently originated type of loan was Conventional, with 1,705 originations.
Loan Reason
For 2022, Silicon Valley Bank's most frequently cited loan purpose was Home Purchase, with 1,071 originations. The 2nd most popular reason was Cash Out Refi, with 284 originations.
Loan Duration/Length
For 2022, Silicon Valley Bank's most frequently cited loan duration was 30 Year, with 1,546 originations. The 2nd most popular length was 5 Year, with 111 originations.
Origination Fees/Closing Costs
Silicon Valley Bank's average total fees were $6,036, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,230 originations.
Interest Rates
During 2022, Silicon Valley Bank's average interest rate for loans was 3.26%, while their most frequently originated rate bucket for loans was 3-4%, with 659 originations.
Loan Sizing
2022 saw Silicon Valley Bank place emphasis on $1MM+ loans with 893 originations, totaling $2,435,545,000 in origination value.
Applicant Income
Silicon Valley Bank lent most frequently to those with incomes in the $250k+ range, with 837 originations. The second most popular income band? $75k-100k, with 149 originations.
Applicant Debt to Income Ratio
Silicon Valley Bank lent most frequently to those with DTI ratios of 20-30%, with 307 originations. The next most common DTI ratio? 30-36%, with 291 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.38%
Silicon Valley Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination84.93%
Silicon Valley Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,705 | $2,810,095,000 | $1,648,150 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 1,705 | $2,810,095,000 | $1,648,150 |