Spring Valley Bank Mortgage Rates, Fees & Info

Wyoming, OH

LEI: 254900G0ZC4S8EO1W523

Tax ID: 31-1524161

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

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Spring Valley Bank is a smaller bank specializing in Home Purchase loans. Spring Valley Bank has a high proportion of conventional loans. Their top two markets are Cincinnati and Dayton .

    Spring Valley Bank has an 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    Originations

    150

    Origination Dollar Volume (All Markets)

    $22,660,000

    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
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 149 $22,595,000 $151,644 $0 0.00%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $65,000 $65,000 $0 0.00%
    Spring Valley Bank's top markets include Cincinnati and Dayton among others.

    Their top states include:
  • Ohio (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Indiana (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 150 $22,660,000 $151,067 $0 0.00%

    For 2023, Spring Valley Bank's most frequently originated type of loan was Conventional, with 150 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 122 $17,880,000 $146,557 $0 0.00%
    Home Improvement 16 $1,930,000 $120,625 $0 0.00%
    Cash Out Refi 9 $2,265,000 $251,667 $0 0.00%
    Refi 3 $585,000 $195,000 $0 0.00%

    For 2023, Spring Valley Bank's most frequently cited loan purpose was Home Purchase, with 122 originations. The 2nd most popular reason was Home Improvement, with 16 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 150 $22,660,000 $151,067 $0 0.00%

    For 2023, Spring Valley Bank's most frequently cited loan duration was Other, with 150 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 82 $12,130,000 $147,927 $0 0.00%
    $100,000 or less 49 $3,725,000 $76,020 $0 0.00%
    $200k-400k 16 $4,350,000 $271,875 $0 0.00%
    $600k-1MM 3 $2,455,000 $818,333 $0 0.00%

    2023 saw Spring Valley Bank place emphasis on $100k-200k loans with 82 originations, totaling $12,130,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 8 $990,000 $123,750 $0 0.00%
    $100k-150k 7 $1,215,000 $173,571 $0 0.00%
    $50k or less 6 $940,000 $156,667 $0 0.00%
    $150k-250k 5 $775,000 $155,000 $0 0.00%
    $250k+ 3 $1,395,000 $465,000 $0 0.00%
    $50k-75k 2 $260,000 $130,000 $0 0.00%

    Spring Valley Bank lent most frequently to those with incomes in the $75k-100k range, with 8 originations. The second most popular income band? $100k-150k, with 7 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 150 $22,660,000 $151,067 $0 0.00%

    Spring Valley Bank lent most frequently to those with DTI ratios of Exempt%, with 150 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 119 $17,085,000 $143,571 $0 0.00%
    White 13 $2,805,000 $215,769 $0 0.00%
    Black 10 $1,390,000 $139,000 $0 0.00%
    Not provided 7 $1,205,000 $172,143 $0 0.00%
    Asian Indian 1 $175,000 $175,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.13%

    Spring Valley Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    83.33%

    Spring Valley Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 150 $22,660,000 $151,067

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    150 $22,660,000 $151,067