Home Bank Of California Mortgage Rates, Fees & Info

San Diego, CA

LEI: 2549005AULHKP8HBJL75

Tax ID: 95-3658226

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Home Bank Of California is a smaller bank specializing in Cash Out Refi and Home Purchase loans. Home Bank Of California has a high proportion of conventional loans. Their top markets by origination volume include: San Diego, Los Angeles, and Riverside among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Home Bank Of California 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.

    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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    Originations

    26

    Origination Dollar Volume (All Markets)

    $15,410,000

    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 DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 22 $12,200,000 $554,545 $0 0.00%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 2 $2,480,000 $1,240,000 $0 0.00%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $730,000 $365,000 $0 0.00%
    Home Bank Of California's top markets include San Diego, Los Angeles, and Riverside among others.

    Their top states include:
  • California (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 26 $15,410,000 $592,692 $0 0.00%

    For 2018, Home Bank Of California's most frequently originated type of loan was Conventional, with 26 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 15 $10,625,000 $708,333 $0 0.00%
    Home Purchase 6 $3,300,000 $550,000 $0 0.00%
    Refi 5 $1,485,000 $297,000 $0 0.00%

    For 2018, Home Bank Of California's most frequently cited loan purpose was Cash Out Refi, with 15 originations. The 2nd most popular reason was Home Purchase, with 6 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 26 $15,410,000 $592,692 $0 0.00%

    For 2018, Home Bank Of California's most frequently cited loan duration was Other, with 26 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 10 $2,580,000 $258,000 $0 0.00%
    $400k-600k 5 $2,515,000 $503,000 $0 0.00%
    $1MM+ 4 $6,680,000 $1,670,000 $0 0.00%
    $600k-1MM 4 $3,100,000 $775,000 $0 0.00%
    $100k-200k 3 $535,000 $178,333 $0 0.00%

    2018 saw Home Bank Of California place emphasis on $200k-400k loans with 10 originations, totaling $2,580,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 3 $755,000 $251,667 $0 0.00%
    $150k-250k 2 $960,000 $480,000 $0 0.00%
    $75k-100k 2 $780,000 $390,000 $0 0.00%
    $100k-150k 1 $405,000 $405,000 $0 0.00%
    $250k+ 1 $165,000 $165,000 $0 0.00%

    Home Bank Of California lent most frequently to those with incomes in the $50k or less range, with 3 originations. The second most popular income band? $150k-250k, with 2 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 26 $15,410,000 $592,692 $0 0.00%

    Home Bank Of California lent most frequently to those with DTI ratios of Exempt%, with 26 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 17 $12,345,000 $726,176 $0 0.00%
    White 6 $1,920,000 $320,000 $0 0.00%
    Asian 3 $1,145,000 $381,667 $0 0.00%

    Approval Rates

    Total approvals of all applications
    93.94%

    Home Bank Of California has an average approval rate.

    Pick Rate

    Approvals leading to origination
    88.46%

    Home Bank Of California has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 26 $15,410,000 $592,692

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 6 $4,290,000 $715,000
    Single Family (1-4 Units):Manufactured 1 $235,000 $235,000
    Single Family (1-4 Units):Site-Built 19 $10,885,000 $572,895

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    HOME BANCSHARES, INC. Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    HOME BANCSHARES, INC. Other type of mortgage Trouble during payment process 3 75.0%