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, Roseburg, Corvallis, Coos Bay, and Seattle among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)Oregon Pacific Banking Company 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.
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Originations
56Origination Dollar Volume (All Markets)
$18,230,000Top 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) | 41 | $12,395,000 | $302,317 | $0 | 0.00% |
| Roseburg, OR (FHA|USDA|VA) | 4 | $2,010,000 | $502,500 | $0 | 0.00% |
| CORVALLIS, OR (FHA|USDA|VA) | 3 | $1,355,000 | $451,667 | $0 | 0.00% |
| Coos Bay, OR (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $0 | 0.00% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 0.00% |
| BEND, OR (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| Brookings, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 0.00% |
| Newport, OR (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 56 | $18,230,000 | $325,536 | $0 | 0.00% |
For 2019, Oregon Pacific Banking Company's most frequently originated type of loan was Conventional, with 56 originations.
Loan Reason
For 2019, Oregon Pacific Banking Company's most frequently cited loan purpose was Home Purchase, with 25 originations. The 2nd most popular reason was Refi, with 18 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 56 | $18,230,000 | $325,536 | $0 | 0.00% |
For 2019, Oregon Pacific Banking Company's most frequently cited loan duration was Other, with 56 originations.
Loan Sizing
2019 saw Oregon Pacific Banking Company place emphasis on $100k-200k loans with 17 originations, totaling $2,505,000 in origination value.
Applicant Income
Oregon Pacific Banking Company lent most frequently to those with incomes in the $50k or less 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% | 56 | $18,230,000 | $325,536 | $0 | 0.00% |
Oregon Pacific Banking Company lent most frequently to those with DTI ratios of Exempt%, with 56 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.51%
Oregon Pacific Banking Company has an average approval rate.
Pick Rate
Approvals leading to origination30.36%
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 | 56 | $18,230,000 | $325,536 |