Bank Of Marin Mortgage Rates, Fees & Info

Novato, CA

LEI: 549300EGL1VV7LY0QU69

Tax ID: 68-0197989

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

    Bank Of Marin is a smaller bank specializing in Home Improvement, Refi, and Home Purchase loans. Bank Of Marin has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Santa Rosa, Vallejo, Napa, and Sacramento among others. We have data for 6 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Bank Of Marin 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

    201

    Origination Dollar Volume (All Markets)

    $65,135,000

    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 Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 142 $51,540,000 $362,958 $0 0.00%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 31 $4,545,000 $146,613 $0 0.00%
    VALLEJO, CA (FHA|USDA|VA) 1 $4,205,000 $4,205,000 $0 0.00%
    NAPA, CA (FHA|USDA|VA) 14 $2,600,000 $185,714 $0 0.00%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 7 $1,195,000 $170,714 $0 0.00%
    Outside of Metro Areas 6 $1,050,000 $175,000 $0 0.00%
    Bank Of Marin's top markets include San Francisco, Santa Rosa, Vallejo, Napa, and Sacramento among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 201 $65,135,000 $324,055 $0 0.00%

    For 2023, Bank Of Marin's most frequently originated type of loan was Conventional, with 201 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 109 $21,725,000 $199,312 $0 0.00%
    Refi 38 $16,660,000 $438,421 $0 0.00%
    Home Purchase 27 $20,445,000 $757,222 $0 0.00%
    Other 26 $5,900,000 $226,923 $0 0.00%
    Cash Out Refi 1 $405,000 $405,000 $0 0.00%

    For 2023, Bank Of Marin's most frequently cited loan purpose was Home Improvement, with 109 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 201 $65,135,000 $324,055 $0 0.00%

    For 2023, Bank Of Marin's most frequently cited loan duration was Other, with 201 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 116 $16,580,000 $142,931 $0 0.00%
    $200k-400k 27 $7,005,000 $259,444 $0 0.00%
    $400k-600k 20 $9,380,000 $469,000 $0 0.00%
    $600k-1MM 19 $15,065,000 $792,895 $0 0.00%
    $100,000 or less 12 $780,000 $65,000 $0 0.00%
    $1MM+ 7 $16,325,000 $2,332,143 $0 0.00%

    2023 saw Bank Of Marin place emphasis on $100k-200k loans with 116 originations, totaling $16,580,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 38 $18,100,000 $476,316 $0 0.00%
    $150k-250k 25 $11,245,000 $449,800 $0 0.00%
    $100k-150k 13 $4,865,000 $374,231 $0 0.00%
    $75k-100k 3 $595,000 $198,333 $0 0.00%
    $50k or less 1 $55,000 $55,000 $0 0.00%

    Bank Of Marin lent most frequently to those with incomes in the $250k+ range, with 38 originations. The second most popular income band? $150k-250k, with 25 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 201 $65,135,000 $324,055 $0 0.00%

    Bank Of Marin lent most frequently to those with DTI ratios of Exempt%, with 201 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 165 $36,905,000 $223,667 $0 0.00%
    Not applicable 6 $14,350,000 $2,391,667 $0 0.00%
    Asian 15 $6,645,000 $443,000 $0 0.00%
    Not provided 8 $4,910,000 $613,750 $0 0.00%
    Chinese 1 $925,000 $925,000 $0 0.00%
    Asian Indian 1 $805,000 $805,000 $0 0.00%
    Native Hawaiian or Islander 2 $260,000 $130,000 $0 0.00%
    American Indian 2 $180,000 $90,000 $0 0.00%
    Japanese 1 $155,000 $155,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    81.88%

    Bank Of Marin has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    85.57%

    Bank Of Marin has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 201 $65,135,000 $324,055

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    201 $65,135,000 $324,055