North Valley Bank Mortgage Rates, Fees & Info
THORNTON, COLEI: 5493007074TOVS4FJF21
Tax ID: 84-0521087
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
North Valley Bank is a smaller bank specializing in Home Purchase and Refi loans. North Valley Bank has a high proportion of conventional loans. Their top markets by origination volume include: Denver, Montrose, Pueblo, Greeley, and Boulder among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)North Valley Bank 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
39Origination Dollar Volume (All Markets)
$18,045,000Top 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 |
|---|---|---|---|---|---|
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 35 | $16,705,000 | $477,286 | $0 | 0.00% |
| Montrose, CO (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 0.00% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 0.00% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 0.00% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 39 | $18,045,000 | $462,692 | $0 | 0.00% |
For 2024, North Valley Bank's most frequently originated type of loan was Conventional, with 39 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 29 | $12,815,000 | $441,897 | $0 | 0.00% |
| Refi | 10 | $5,230,000 | $523,000 | $0 | 0.00% |
For 2024, North Valley Bank's most frequently cited loan purpose was Home Purchase, with 29 originations. The 2nd most popular reason was Refi, with 10 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 39 | $18,045,000 | $462,692 | $0 | 0.00% |
For 2024, North Valley Bank's most frequently cited loan duration was Other, with 39 originations.
Loan Sizing
2024 saw North Valley Bank place emphasis on $200k-400k loans with 18 originations, totaling $5,760,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $250k+ | 10 | $5,360,000 | $536,000 | $0 | 0.00% |
North Valley Bank lent most frequently to those with incomes in the $250k+ range, with 10 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 39 | $18,045,000 | $462,692 | $0 | 0.00% |
North Valley Bank lent most frequently to those with DTI ratios of Exempt%, with 39 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.87%
North Valley 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 origination82.05%
North Valley Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 39 | $18,045,000 | $462,692 |