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

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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 and Cash Out Refi loans. Spring Valley Bank has a high proportion of conventional loans. Their top (well, only) market is Cincinnati.

    Spring Valley Bank has an average approval rate when compared to the average across all lenders. They have an 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

    211

    Origination Dollar Volume (All Markets)

    $38,535,000

    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) 211 $38,535,000 $182,630 $0 0.00%
    Spring Valley Bank's top markets include and Cincinnati 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 211 $38,535,000 $182,630 $0 0.00%

    For 2022, Spring Valley Bank's most frequently originated type of loan was Conventional, with 211 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 150 $23,480,000 $156,533 $0 0.00%
    Cash Out Refi 51 $12,475,000 $244,608 $0 0.00%
    Refi 10 $2,580,000 $258,000 $0 0.00%

    For 2022, Spring Valley Bank's most frequently cited loan purpose was Home Purchase, with 150 originations. The 2nd most popular reason was Cash Out Refi, with 51 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 211 $38,535,000 $182,630 $0 0.00%

    For 2022, Spring Valley Bank's most frequently cited loan duration was Other, with 211 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 101 $14,255,000 $141,139 $0 0.00%
    $100,000 or less 69 $5,285,000 $76,594 $0 0.00%
    $200k-400k 28 $7,330,000 $261,786 $0 0.00%
    $600k-1MM 8 $6,030,000 $753,750 $0 0.00%
    $400k-600k 3 $1,585,000 $528,333 $0 0.00%
    $1MM+ 2 $4,050,000 $2,025,000 $0 0.00%

    2022 saw Spring Valley Bank place emphasis on $100k-200k loans with 101 originations, totaling $14,255,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 13 $2,655,000 $204,231 $0 0.00%
    $250k+ 13 $3,445,000 $265,000 $0 0.00%
    $150k-250k 12 $2,010,000 $167,500 $0 0.00%
    $50k or less 12 $1,930,000 $160,833 $0 0.00%
    $50k-75k 7 $975,000 $139,286 $0 0.00%
    $75k-100k 6 $930,000 $155,000 $0 0.00%

    Spring Valley Bank lent most frequently to those with incomes in the $100k-150k range, with 13 originations. The second most popular income band? $250k+, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 211 $38,535,000 $182,630 $0 0.00%

    Spring Valley Bank lent most frequently to those with DTI ratios of Exempt%, with 211 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 148 $26,590,000 $179,662 $0 0.00%
    White 34 $6,420,000 $188,824 $0 0.00%
    Asian 8 $2,520,000 $315,000 $0 0.00%
    Black 13 $1,625,000 $125,000 $0 0.00%
    Not provided 6 $1,160,000 $193,333 $0 0.00%
    American Indian 2 $220,000 $110,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.06%

    Spring Valley Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    90.05%

    Spring Valley Bank has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 211 $38,535,000 $182,630

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    211 $38,535,000 $182,630