River City Bank Mortgage Rates, Fees & Info

Louisville, KY

LEI: 5493002UNUIL8WHZAD63

Tax ID: 61-1100657

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

    River City Bank is a smaller bank specializing in Home Purchase loans. River City Bank has a high proportion of conventional loans. Their top markets by origination volume include: Louisville, Cincinnati, Elizabethtown, Bowling Green, and Evansville among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    River City 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.

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    Originations

    290

    Origination Dollar Volume (All Markets)

    $48,550,000

    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
    LOUISVILLE, KY (FHA|USDA|VA) 279 $46,755,000 $167,581 $0 0.00%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $680,000 $340,000 $0 0.00%
    Outside of Metro Areas 4 $660,000 $165,000 $0 0.00%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 3 $255,000 $85,000 $0 0.00%
    BOWLING GREEN, KY (FHA|USDA|VA) 1 $115,000 $115,000 $0 0.00%
    EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $85,000 $85,000 $0 0.00%
    River City Bank's top markets include Louisville, Cincinnati, Elizabethtown, Bowling Green, and Evansville among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 290 $48,550,000 $167,414 $0 0.00%

    For 2022, River City Bank's most frequently originated type of loan was Conventional, with 290 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 200 $36,120,000 $180,600 $0 0.00%
    Refi 55 $9,175,000 $166,818 $0 0.00%
    Home Improvement 30 $2,230,000 $74,333 $0 0.00%
    Other 5 $1,025,000 $205,000 $0 0.00%

    For 2022, River City Bank's most frequently cited loan purpose was Home Purchase, with 200 originations. The 2nd most popular reason was Refi, with 55 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 290 $48,550,000 $167,414 $0 0.00%

    For 2022, River City Bank's most frequently cited loan duration was Other, with 290 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 128 $17,860,000 $139,531 $0 0.00%
    $100,000 or less 95 $5,955,000 $62,684 $0 0.00%
    $200k-400k 49 $14,055,000 $286,837 $0 0.00%
    $400k-600k 12 $5,680,000 $473,333 $0 0.00%
    $600k-1MM 4 $2,820,000 $705,000 $0 0.00%
    $1MM+ 2 $2,180,000 $1,090,000 $0 0.00%

    2022 saw River City Bank place emphasis on $100k-200k loans with 128 originations, totaling $17,860,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 25 $5,495,000 $219,800 $0 0.00%
    $100k-150k 24 $4,730,000 $197,083 $0 0.00%
    $75k-100k 19 $2,255,000 $118,684 $0 0.00%
    $50k or less 17 $2,035,000 $119,706 $0 0.00%
    $250k+ 16 $3,900,000 $243,750 $0 0.00%
    $50k-75k 16 $1,490,000 $93,125 $0 0.00%

    River City Bank lent most frequently to those with incomes in the $150k-250k range, with 25 originations. The second most popular income band? $100k-150k, with 24 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 290 $48,550,000 $167,414 $0 0.00%

    River City Bank lent most frequently to those with DTI ratios of Exempt%, with 290 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 171 $28,015,000 $163,830 $0 0.00%
    White 80 $14,450,000 $180,625 $0 0.00%
    Not provided 25 $3,855,000 $154,200 $0 0.00%
    Black 10 $1,380,000 $138,000 $0 0.00%
    Asian 3 $555,000 $185,000 $0 0.00%
    Native Hawaiian or Islander 1 $295,000 $295,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.54%

    River City Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    58.97%

    River City Bank 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 290 $48,550,000 $167,414

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    290 $48,550,000 $167,414