Exchange Bank Mortgage Rates, Fees & Info
Santa Rosa, CALEI: 5493006Y2YCT81BVTL57
Tax ID: 94-0463800
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Exchange Bank is a smaller bank specializing in Home Purchase and Cash Out Refi loans. Exchange Bank has a high proportion of conventional loans. Their top markets by origination volume include: Santa Rosa, Sacramento, San Francisco, Redding, and Ukiah among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Exchange Bank has an above average approval rate when compared to the average across all lenders. They have an above average pick rate when compared to similar lenders.
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Originations
182Origination Dollar Volume (All Markets)
$148,530,000Top 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 |
|---|---|---|---|---|---|
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 139 | $91,875,000 | $660,971 | $0 | 0.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 9 | $18,775,000 | $2,086,111 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 14 | $17,170,000 | $1,226,429 | $0 | 0.00% |
| REDDING, CA (FHA|USDA|VA) | 2 | $4,790,000 | $2,395,000 | $0 | 0.00% |
| Ukiah, CA (FHA|USDA|VA) | 3 | $3,855,000 | $1,285,000 | $0 | 0.00% |
| NAPA, CA (FHA|USDA|VA) | 2 | $2,510,000 | $1,255,000 | $0 | 0.00% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $2,505,000 | $2,505,000 | $0 | 0.00% |
| VALLEJO, CA (FHA|USDA|VA) | 3 | $1,765,000 | $588,333 | $0 | 0.00% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $1,525,000 | $1,525,000 | $0 | 0.00% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $1,205,000 | $1,205,000 | $0 | 0.00% |
| YUBA CITY, CA (FHA|USDA|VA) | 2 | $1,090,000 | $545,000 | $0 | 0.00% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 0.00% |
| Clearlake, CA (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $0 | 0.00% |
| CHICO, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 182 | $148,530,000 | $816,099 | $0 | 0.00% |
For 2022, Exchange Bank's most frequently originated type of loan was Conventional, with 182 originations.
Loan Reason
For 2022, Exchange Bank's most frequently cited loan purpose was Home Purchase, with 71 originations. The 2nd most popular reason was Cash Out Refi, with 64 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 182 | $148,530,000 | $816,099 | $0 | 0.00% |
For 2022, Exchange Bank's most frequently cited loan duration was Other, with 182 originations.
Loan Sizing
2022 saw Exchange Bank place emphasis on $600k-1MM loans with 62 originations, totaling $47,400,000 in origination value.
Applicant Income
Exchange Bank lent most frequently to those with incomes in the $250k+ range, with 53 originations. The second most popular income band? $150k-250k, with 44 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 182 | $148,530,000 | $816,099 | $0 | 0.00% |
Exchange Bank lent most frequently to those with DTI ratios of Exempt%, with 182 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.41%
Exchange Bank has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination92.31%
Exchange Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 182 | $148,530,000 | $816,099 |