River Bank Mortgage Rates, Fees & Info
Stoddard, WILEI: 5493008FT4WVSLWPKG77
Tax ID: 39-0273600
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
River Bank is a smaller bank specializing in Home Purchase and Refi loans. River Bank has a high proportion of conventional loans. Their top markets by origination volume include: La Crosse, Baraboo, Green Bay, Rochester, and Minneapolis among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)River 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
167Origination Dollar Volume (All Markets)
$88,965,000Top 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 |
|---|---|---|---|---|---|
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 85 | $45,955,000 | $540,647 | $0 | 0.00% |
| Outside of Metro Areas | 75 | $28,535,000 | $380,467 | $0 | 0.00% |
| Baraboo, WI (FHA|USDA|VA) | 1 | $11,005,000 | $11,005,000 | $0 | 0.00% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $2,105,000 | $2,105,000 | $0 | 0.00% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 0.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 0.00% |
| Platteville, WI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 0.00% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 0.00% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 167 | $88,965,000 | $532,725 | $0 | 0.00% |
For 2022, River Bank's most frequently originated type of loan was Conventional, with 167 originations.
Loan Reason
For 2022, River Bank's most frequently cited loan purpose was Home Purchase, with 99 originations. The 2nd most popular reason was Refi, with 38 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 167 | $88,965,000 | $532,725 | $0 | 0.00% |
For 2022, River Bank's most frequently cited loan duration was Other, with 167 originations.
Loan Sizing
2022 saw River Bank place emphasis on $200k-400k loans with 47 originations, totaling $12,615,000 in origination value.
Applicant Income
River Bank lent most frequently to those with incomes in the $50k-75k range, with 15 originations. The second most popular income band? $100k-150k, with 14 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 167 | $88,965,000 | $532,725 | $0 | 0.00% |
River Bank lent most frequently to those with DTI ratios of Exempt%, with 167 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications93.72%
River Bank has an average approval rate.
Pick Rate
Approvals leading to origination92.81%
River Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 167 | $88,965,000 | $532,725 |