Oregon Pacific Banking Company Mortgage Rates, Fees & Info
Florence, ORLEI: 254900N67KAPUJSOLE12
Tax ID: 93-0742995
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Oregon Pacific Banking Company is a smaller bank specializing in Home Purchase and Refi loans. Oregon Pacific Banking Company has a high proportion of conventional loans. Their top markets by origination volume include: Eugene, Coos Bay, Medford, Roseburg, and Corvallis among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)Oregon Pacific Banking Company 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.
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Originations
41Origination Dollar Volume (All Markets)
$40,365,000Top 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 |
|---|---|---|---|---|---|
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 25 | $16,295,000 | $651,800 | $0 | 0.00% |
| Coos Bay, OR (FHA|USDA|VA) | 6 | $11,740,000 | $1,956,667 | $0 | 0.00% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $7,615,000 | $7,615,000 | $0 | 0.00% |
| Roseburg, OR (FHA|USDA|VA) | 3 | $2,185,000 | $728,333 | $0 | 0.00% |
| CORVALLIS, OR (FHA|USDA|VA) | 2 | $1,230,000 | $615,000 | $0 | 0.00% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 0.00% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 0.00% |
| SALEM, OR (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 0.00% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 41 | $40,365,000 | $984,512 | $0 | 0.00% |
For 2023, Oregon Pacific Banking Company's most frequently originated type of loan was Conventional, with 41 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 28 | $21,290,000 | $760,357 | $0 | 0.00% |
| Refi | 8 | $17,570,000 | $2,196,250 | $0 | 0.00% |
| Cash Out Refi | 5 | $1,505,000 | $301,000 | $0 | 0.00% |
For 2023, Oregon Pacific Banking Company's most frequently cited loan purpose was Home Purchase, with 28 originations. The 2nd most popular reason was Refi, with 8 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 41 | $40,365,000 | $984,512 | $0 | 0.00% |
For 2023, Oregon Pacific Banking Company's most frequently cited loan duration was Other, with 41 originations.
Loan Sizing
2023 saw Oregon Pacific Banking Company place emphasis on $200k-400k loans with 14 originations, totaling $4,080,000 in origination value.
Applicant Income
Oregon Pacific Banking Company lent most frequently to those with incomes in the $250k+ range, with 8 originations. The second most popular income band? $50k-75k, with 4 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 41 | $40,365,000 | $984,512 | $0 | 0.00% |
Oregon Pacific Banking Company lent most frequently to those with DTI ratios of Exempt%, with 41 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications89.02%
Oregon Pacific Banking Company has an average approval rate.
Pick Rate
Approvals leading to origination46.34%
Oregon Pacific Banking Company has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 41 | $40,365,000 | $984,512 |