River City Federal Credit Union Mortgage Rates, Fees & Info

San Antonio, TX

LEI: 254900UQIE22KBNLG837

Tax ID: 74-1110061

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

    River City Federal Credit Union is a smaller credit union specializing in Other, Home Improvement, and Refi loans. River City Federal Credit Union has a high proportion of conventional loans. Their top (well, only) market is San Antonio.

    River City Federal Credit Union has a below 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

    35

    Origination Dollar Volume (All Markets)

    $3,065,000

    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 ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 35 $3,065,000 $87,571 $0 0.00%
    River City Federal Credit Union's top markets include and San Antonio among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 35 $3,065,000 $87,571 $0 0.00%

    For 2021, River City Federal Credit Union's most frequently originated type of loan was Conventional, with 35 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Other 11 $715,000 $65,000 $0 0.00%
    Home Improvement 10 $810,000 $81,000 $0 0.00%
    Refi 10 $1,040,000 $104,000 $0 0.00%
    Cash Out Refi 4 $500,000 $125,000 $0 0.00%

    For 2021, River City Federal Credit Union's most frequently cited loan purpose was Other, with 11 originations. The 2nd most popular reason was Home Improvement, with 10 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 35 $3,065,000 $87,571 $0 0.00%

    For 2021, River City Federal Credit Union's most frequently cited loan duration was Other, with 35 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 25 $1,575,000 $63,000 $0 0.00%
    $100k-200k 9 $1,245,000 $138,333 $0 0.00%
    $200k-400k 1 $245,000 $245,000 $0 0.00%

    2021 saw River City Federal Credit Union place emphasis on $100,000 or less loans with 25 originations, totaling $1,575,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 13 $965,000 $74,231 $0 0.00%
    $100k-150k 7 $535,000 $76,429 $0 0.00%
    $150k-250k 5 $715,000 $143,000 $0 0.00%
    $50k-75k 5 $375,000 $75,000 $0 0.00%
    $75k-100k 4 $400,000 $100,000 $0 0.00%
    $250k+ 1 $75,000 $75,000 $0 0.00%

    River City Federal Credit Union lent most frequently to those with incomes in the $50k or less range, with 13 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% 35 $3,065,000 $87,571 $0 0.00%

    River City Federal Credit Union lent most frequently to those with DTI ratios of Exempt%, with 35 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 23 $1,915,000 $83,261 $0 0.00%
    American Indian 4 $510,000 $127,500 $0 0.00%
    Black 6 $390,000 $65,000 $0 0.00%
    Not provided 2 $250,000 $125,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    66.67%

    River City Federal Credit Union has a low approval rate. They may have poor market targeting or stringent lending standards.

    Pick Rate

    Approvals leading to origination
    34.29%

    River City Federal Credit Union 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 35 $3,065,000 $87,571

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    35 $3,065,000 $87,571

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    River City Mortgage LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    River City Mortgage LLC Conventional home mortgage Closing on a mortgage 1 50.0%