Willamette Valley Bank Mortgage Rates, Fees & Info

Salem, OR

LEI: 549300GS6ONO04ORI292

Tax ID: 93-1277376

3.4 stars - out of 5 stars, based on 71 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & Overview

    Willamette Valley Bank is a small bank specializing in loans. Willamette Valley Bank has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Boise City, Portland, Medford, Spokane, and Sandpoint among others. We have data for 193 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Willamette 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. Willamette Valley Bank is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.


    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.07% 11/27/22
    30 Year Conventional Refi 6.96% 11/27/22
    30 Year Cash-out Refi 7.22% 11/27/22
    30 Year FHA Purchase 7.79% 11/27/22
    30 Year FHA Refi 7.36% 11/27/22
    30 Year VA Purchase 6.67% 11/27/22
    30 Year VA Refi 6.37% 11/27/22
    30 Year USDA Purchase 7.10% 11/27/22
    30 Year USDA Refi 6.98% 11/27/22
    15 Year Conventional Purchase 6.48% 11/27/22
    15 Year Conventional Refi 6.40% 11/27/22
    15 Year Cash-out Refi 6.40% 11/27/22
    15 Year FHA Refi 5.90% 11/27/22
    15 Year VA Purchase 6.49% 11/27/22
    These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.


    Originations

    5,109

    Origination Dollar Volume (All Markets)

    $1,634,005,000

    Employee count

    231

    Awards

    Willamette Valley Bank FHA Loans gold Willamette Valley Bank FHA Loans gold
    Show all (2) awards

    Relative Rate

    Willamette Valley Bank's average 30 year fixed mortgage rate was 3.18%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.03%.

    Relative Fees (Closing Costs)

    Willamette Valley Bank's average total fees/closing costs for a 30 year fixed rate mortgage were $6,303.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    Outside of Metro Areas 1,378 $462,000,000 $335,269 $5,974 3.19%
    BOISE CITY, ID (FHA|USDA|VA) 848 $269,690,000 $318,031 $6,816 3.22%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 613 $243,345,000 $396,974 $6,384 3.07%
    MEDFORD, OR (FHA|USDA|VA) 370 $108,890,000 $294,297 $5,808 3.13%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 255 $72,995,000 $286,255 $5,064 3.09%
    Sandpoint, ID (FHA|USDA|VA) 178 $58,760,000 $330,112 $5,681 3.15%
    Outside of Metro Areas 214 $51,370,000 $240,047 $5,535 3.24%
    SALEM, OR (FHA|USDA|VA) 154 $48,800,000 $316,883 $6,182 3.22%
    GRANTS PASS, OR (FHA|USDA|VA) 165 $46,515,000 $281,909 $5,796 3.30%
    BEND, OR (FHA|USDA|VA) 90 $33,050,000 $367,222 $6,991 3.23%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 84 $25,950,000 $308,929 $6,261 3.06%
    YAKIMA, WA (FHA|USDA|VA) 105 $20,235,000 $192,714 $4,666 2.66%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 36 $14,100,000 $391,667 $7,215 3.24%
    LONGVIEW, WA (FHA|USDA|VA) 32 $10,510,000 $328,438 $6,374 3.17%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 25 $9,845,000 $393,800 $6,923 3.39%
    Coos Bay, OR (FHA|USDA|VA) 23 $7,165,000 $311,522 $6,965 3.22%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 23 $6,235,000 $271,087 $5,101 3.18%
    Roseburg, OR (FHA|USDA|VA) 21 $5,505,000 $262,143 $5,983 3.17%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 14 $5,030,000 $359,286 $7,869 3.38%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 10 $4,990,000 $499,000 $6,202 2.98%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 12 $4,480,000 $373,333 $7,031 3.19%
    Mountain Home, ID (FHA|USDA|VA) 19 $4,275,000 $225,000 $5,819 3.28%
    Ontario, OR-ID (FHA|USDA|VA) 16 $4,230,000 $264,375 $7,588 3.30%
    Prineville, OR (FHA|USDA|VA) 13 $3,895,000 $299,615 $7,385 3.14%
    Kalispell, MT (FHA|USDA|VA) 8 $3,030,000 $378,750 $4,223 3.41%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 10 $2,960,000 $296,000 $5,125 2.83%
    TWIN FALLS, ID (FHA|USDA|VA) 12 $2,890,000 $240,833 $5,293 2.97%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 7 $2,855,000 $407,857 $5,997 3.32%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 8 $2,750,000 $343,750 $6,309 3.20%
    CORVALLIS, OR (FHA|USDA|VA) 8 $2,270,000 $283,750 $6,065 2.97%
    SALT LAKE CITY, UT (FHA|USDA|VA) 5 $2,195,000 $439,000 $5,190 3.05%
    Bozeman, MT (FHA|USDA|VA) 7 $2,075,000 $296,429 $6,549 3.13%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $1,865,000 $373,000 $8,652 2.90%
    Hermiston-Pendleton, OR (FHA|USDA|VA) 9 $1,835,000 $203,889 $6,071 3.42%
    Centralia, WA (FHA|USDA|VA) 7 $1,805,000 $257,857 $5,483 2.68%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 6 $1,750,000 $291,667 $5,627 2.75%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 5 $1,675,000 $335,000 $5,819 2.95%
    Klamath Falls, OR (FHA|USDA|VA) 8 $1,570,000 $196,250 $4,991 3.44%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $1,530,000 $382,500 $5,505 3.63%
    Moscow, ID (FHA|USDA|VA) 6 $1,500,000 $250,000 $6,322 3.44%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 5 $1,495,000 $299,000 $5,677 2.95%
    Brookings, OR (FHA|USDA|VA) 3 $1,485,000 $495,000 $10,884 3.17%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 5 $1,475,000 $295,000 $5,427 3.23%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 3 $1,465,000 $488,333 $8,516 2.42%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 6 $1,420,000 $236,667 $7,298 3.13%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 4 $1,410,000 $352,500 $9,133 2.91%
    IDAHO FALLS, ID (FHA|USDA|VA) 4 $1,360,000 $340,000 $5,898 3.13%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 5 $1,345,000 $269,000 $6,206 3.15%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 4 $1,320,000 $330,000 $7,156 3.44%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 5 $1,315,000 $263,000 $6,553 3.38%
    Pullman, WA (FHA|USDA|VA) 6 $1,280,000 $213,333 $4,848 3.35%
    Astoria, OR (FHA|USDA|VA) 5 $1,245,000 $249,000 $6,035 3.15%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 3 $1,235,000 $411,667 $8,322 2.96%
    TUCSON, AZ (FHA|USDA|VA) 5 $1,235,000 $247,000 $4,685 3.03%
    LEWISTON, ID-WA (FHA|USDA|VA) 6 $1,230,000 $205,000 $8,910 3.19%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 4 $1,100,000 $275,000 $5,848 3.16%
    Moses Lake, WA (FHA|USDA|VA) 4 $1,040,000 $260,000 $8,847 3.50%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $1,030,000 $515,000 $13,809 3.06%
    MISSOULA, MT (FHA|USDA|VA) 3 $995,000 $331,667 $8,182 2.96%
    ANCHORAGE, AK (FHA|USDA|VA) 3 $985,000 $328,333 $6,505 3.13%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $945,000 $315,000 $6,697 3.21%
    COLUMBIA, SC (FHA|USDA|VA) 5 $925,000 $185,000 $4,694 3.50%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $920,000 $230,000 $3,186 3.00%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $920,000 $230,000 $4,389 3.38%
    Winnemucca, NV (FHA|USDA|VA) 3 $905,000 $301,667 $11,666 3.33%
    REDDING, CA (FHA|USDA|VA) 3 $875,000 $291,667 $8,290 2.75%
    Sevierville, TN (FHA|USDA|VA) 2 $870,000 $435,000 $11,443 4.00%
    Burley, ID (FHA|USDA|VA) 5 $865,000 $173,000 $4,994 3.20%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 3 $815,000 $271,667 $3,406 3.29%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 6 $810,000 $135,000 $4,947 3.40%
    Williston, ND (FHA|USDA|VA) 2 $790,000 $395,000 $7,045 3.31%
    BELLINGHAM, WA (FHA|USDA|VA) 2 $750,000 $375,000 $7,443 3.13%
    La Grande, OR (FHA|USDA|VA) 2 $750,000 $375,000 $3,609 3.56%
    ST. GEORGE, UT (FHA|USDA|VA) 2 $730,000 $365,000 $3,104 3.50%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 4 $730,000 $182,500 $3,996 3.31%
    POCATELLO, ID (FHA|USDA|VA) 3 $725,000 $241,667 $5,627 2.79%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $725,000 $241,667 $5,753 2.83%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $725,000 $241,667 $7,079 3.13%
    GREAT FALLS, MT (FHA|USDA|VA) 2 $720,000 $360,000 $3,328 2.94%
    BOWLING GREEN, KY (FHA|USDA|VA) 2 $700,000 $350,000 $3,880 2.81%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $680,000 $340,000 $5,499 3.44%
    RENO, NV (FHA|USDA|VA) 2 $680,000 $340,000 $3,944 3.31%
    URBAN HONOLULU, HI (FHA|USDA|VA) 2 $670,000 $335,000 $6,866 3.69%
    Blackfoot, ID (FHA|USDA|VA) 3 $655,000 $218,333 $9,489 3.00%
    Heber, UT (FHA|USDA|VA) 2 $650,000 $325,000 $9,929 3.38%
    Helena, MT (FHA|USDA|VA) 2 $640,000 $320,000 $3,289 3.38%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $630,000 $315,000 $7,279 3.19%
    CHEYENNE, WY (FHA|USDA|VA) 1 $625,000 $625,000 $17,269 2.75%
    LANCASTER, PA (FHA|USDA|VA) 1 $605,000 $605,000 $9,802 3.13%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $600,000 $300,000 $9,268 3.25%
    GREEN BAY, WI (FHA|USDA|VA) 3 $595,000 $198,333 $5,302 3.25%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $570,000 $285,000 $1,920 2.69%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 3 $555,000 $185,000 $5,074 3.71%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $545,000 $545,000 $4,755 2.75%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $530,000 $265,000 $3,290 2.75%
    Newport, OR (FHA|USDA|VA) 2 $530,000 $265,000 $4,449 3.38%
    WALLA WALLA, WA (FHA|USDA|VA) 1 $525,000 $525,000 $3,299 3.25%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $520,000 $260,000 $2,770 3.13%
    Kapaa, HI (FHA|USDA|VA) 1 $515,000 $515,000 $3,380 3.13%
    APPLETON, WI (FHA|USDA|VA) 3 $515,000 $171,667 $5,142 3.13%
    Ellensburg, WA (FHA|USDA|VA) 1 $515,000 $515,000 $3,829 3.38%
    CHICO, CA (FHA|USDA|VA) 2 $500,000 $250,000 $10,452 3.50%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 2 $490,000 $245,000 $12,748 3.00%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $485,000 $161,667 $5,983 2.67%
    Hilo, HI (FHA|USDA|VA) 2 $480,000 $240,000 $5,352 3.50%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $480,000 $240,000 $4,898 3.25%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $475,000 $475,000 $13,768 3.00%
    HATTIESBURG, MS (FHA|USDA|VA) 1 $475,000 $475,000 $4,682 3.63%
    Butte-Silver Bow, MT (FHA|USDA|VA) 3 $465,000 $155,000 $4,868 3.58%
    Hailey, ID (FHA|USDA|VA) 1 $465,000 $465,000 $2,506 3.25%
    BILLINGS, MT (FHA|USDA|VA) 2 $460,000 $230,000 $5,402 3.31%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $440,000 $220,000 $6,517 2.88%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $435,000 $435,000 $3,067 3.50%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 1 $425,000 $425,000 $13,482 3.25%
    GREELEY, CO (FHA|USDA|VA) 1 $425,000 $425,000 $3,668 3.63%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $415,000 $415,000 $3,233 3.38%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $405,000 $405,000 $5,776 3.38%
    WENATCHEE, WA (FHA|USDA|VA) 2 $390,000 $195,000 $7,753 1.69%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $390,000 $195,000 $4,068 2.69%
    Steamboat Springs, CO (FHA|USDA|VA) 1 $375,000 $375,000 $3,374 3.00%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $365,000 $365,000 $9,743 2.75%
    EspaƱola, NM (FHA|USDA|VA) 1 $365,000 $365,000 $4,771 2.75%
    YUBA CITY, CA (FHA|USDA|VA) 1 $355,000 $355,000 $6,682 3.13%
    Elizabeth City, NC (FHA|USDA|VA) 2 $350,000 $175,000 $4,149 2.94%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $350,000 $175,000 $4,226 3.00%
    MUSKEGON, MI (FHA|USDA|VA) 1 $325,000 $325,000 $2,666 3.38%
    Sonora, CA (FHA|USDA|VA) 1 $315,000 $315,000 $4,063 3.38%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $315,000 $315,000 $3,645 3.38%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 1 $315,000 $315,000 $4,204 3.50%
    WILMINGTON, NC (FHA|USDA|VA) 1 $315,000 $315,000 $8,976 3.13%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $305,000 $305,000 $4,870 3.50%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $305,000 $305,000 $13,105 3.25%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $300,000 $150,000 $6,242 3.00%
    Crescent City, CA (FHA|USDA|VA) 1 $295,000 $295,000 $4,717 3.50%
    Rock Springs, WY (FHA|USDA|VA) 1 $285,000 $285,000 $2,754 3.38%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $285,000 $285,000 $3,605 2.75%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $275,000 $275,000 $6,604 3.25%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $275,000 $275,000 $4,326 3.13%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $275,000 $275,000 $10,518 3.38%
    Greenwood, SC (FHA|USDA|VA) 1 $265,000 $265,000 $9,969 3.00%
    Shelton, WA (FHA|USDA|VA) 1 $265,000 $265,000 $9,039 3.63%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $255,000 $255,000 $5,478 3.50%
    PUEBLO, CO (FHA|USDA|VA) 2 $250,000 $125,000 $4,626 2.25%
    Alamogordo, NM (FHA|USDA|VA) 1 $235,000 $235,000 $2,337 3.25%
    Riverton, WY (FHA|USDA|VA) 1 $225,000 $225,000 $3,867 3.25%
    Enterprise, AL (FHA|USDA|VA) 1 $225,000 $225,000 $1,437 3.13%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $225,000 $225,000 $3,834 3.25%
    BAKERSFIELD, CA (FHA|USDA|VA) 1 $225,000 $225,000 $5,178 3.63%
    FLAGSTAFF, AZ (FHA|USDA|VA) 1 $215,000 $215,000 $5,745 3.50%
    JONESBORO, AR (FHA|USDA|VA) 1 $215,000 $215,000 $4,621 3.00%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1 $215,000 $215,000 $7,294 3.25%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $215,000 $215,000 $8,654 3.00%
    Arkadelphia, AR (FHA|USDA|VA) 1 $205,000 $205,000 $3,106 3.00%
    Cedar City, UT (FHA|USDA|VA) 1 $205,000 $205,000 $9,599 2.75%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,608 3.88%
    Aberdeen, SD (FHA|USDA|VA) 1 $195,000 $195,000 $3,631 2.50%
    Elko, NV (FHA|USDA|VA) 1 $195,000 $195,000 $4,977 3.13%
    DUBUQUE, IA (FHA|USDA|VA) 1 $195,000 $195,000 $3,713 3.63%
    Marshall, MO (FHA|USDA|VA) 1 $185,000 $185,000 $30 2.75%
    Fallon, NV (FHA|USDA|VA) 1 $185,000 $185,000 $7,200 3.13%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $185,000 $185,000 $3,368 3.63%
    Hood River, OR (FHA|USDA|VA) 1 $175,000 $175,000 $3,964 2.50%
    FARMINGTON, NM (FHA|USDA|VA) 1 $175,000 $175,000 $9,837 3.88%
    RACINE, WI (FHA|USDA|VA) 1 $175,000 $175,000 $7,231 2.38%
    Paris, TX (FHA|USDA|VA) 1 $175,000 $175,000 $4,272 2.88%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $165,000 $165,000 $7,871 3.88%
    SIOUX FALLS, SD (FHA|USDA|VA) 1 $165,000 $165,000 $4,100 3.50%
    SALINAS, CA (FHA|USDA|VA) 1 $165,000 $165,000 $3,887 2.75%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $165,000 $165,000 $5,697 3.13%
    Roswell, NM (FHA|USDA|VA) 1 $165,000 $165,000 $4,932 2.75%
    RAPID CITY, SD (FHA|USDA|VA) 1 $155,000 $155,000 $4,083 3.13%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $155,000 $155,000 $8,479 3.13%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $145,000 $145,000 $7,674 2.75%
    Russellville, AR (FHA|USDA|VA) 1 $145,000 $145,000 $4,831 2.75%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $145,000 $145,000 $5,570 2.75%
    Somerset, KY (FHA|USDA|VA) 1 $145,000 $145,000 $3,071 3.25%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $135,000 $135,000 $5,666 3.25%
    MERCED, CA (FHA|USDA|VA) 1 $135,000 $135,000 $5,115 3.00%
    WICHITA FALLS, TX (FHA|USDA|VA) 1 $135,000 $135,000 $4,787 2.88%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $135,000 $135,000 $3,105 3.13%
    ALBANY, GA (FHA|USDA|VA) 1 $125,000 $125,000 $2,501 2.75%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $125,000 $125,000 $3,778 3.00%
    Austin, MN (FHA|USDA|VA) 1 $125,000 $125,000 $4,587 3.63%
    MONROE, LA (FHA|USDA|VA) 1 $125,000 $125,000 $5,574 2.88%
    Berlin, NH (FHA|USDA|VA) 1 $115,000 $115,000 $3,247 3.50%
    New Castle, PA (FHA|USDA|VA) 1 $115,000 $115,000 $7,391 3.25%
    St. Marys, GA (FHA|USDA|VA) 1 $105,000 $105,000 $2,808 2.50%
    Paducah, KY-IL (FHA|USDA|VA) 1 $105,000 $105,000 $4,646 2.75%
    Madisonville, KY (FHA|USDA|VA) 1 $105,000 $105,000 $5,821 3.25%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $95,000 $95,000 $3,567 4.38%
    Othello, WA (FHA|USDA|VA) 1 $95,000 $95,000 $3,862 4.50%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $85,000 $85,000 $4,885 3.00%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $75,000 $75,000 $3,094 3.25%
    Willamette Valley Bank's top markets include Boise City, Portland, Medford, Spokane, and Sandpoint among others.

    Their top states include:
  • Idaho (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Montana (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,051 $1,283,075,000 $316,730 $5,218 3.23%
    FHA 574 $172,120,000 $299,861 $10,452 3.04%
    VA 445 $167,645,000 $376,730 $8,399 2.77%
    USDA 39 $11,165,000 $286,282 $7,071 2.90%

    For 2021, Willamette Valley Bank's most frequently originated type of loan was Conventional, with 4,051 originations. Their 2nd most popular type was FHA, with 574 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,515 $892,415,000 $354,837 $6,295 3.16%
    Refi 1,166 $313,960,000 $269,262 $5,033 3.03%
    Cash Out Refi 879 $266,225,000 $302,873 $6,706 3.29%
    Home Improvement 549 $161,405,000 $293,998 $6,546 3.25%

    For 2021, Willamette Valley Bank's most frequently cited loan purpose was Home Purchase, with 2,515 originations. The 2nd most popular reason was Refi, with 1,166 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,727 $1,526,975,000 $323,033 $6,303 3.18%
    15 Year 169 $41,335,000 $244,586 $4,384 2.70%
    Other 77 $36,075,000 $468,506 $1,919 1.93%
    20 Year 73 $16,705,000 $228,836 $4,429 3.14%
    10 Year 61 $12,355,000 $202,541 $557 4.67%
    3 Year 1 $305,000 $305,000 $0 4.25%
    5 Year 1 $255,000 $255,000 $0 4.50%

    For 2021, Willamette Valley Bank's most frequently cited loan duration was 30 Year, with 4,727 originations. The 2nd most popular length was 15 Year, with 169 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,145 $656,315,000 $305,974
    $2k-3k 886 $252,330,000 $284,797
    $5k+ 764 $303,760,000 $397,592
    $3k-4k 658 $208,430,000 $316,763
    $4k-5k 469 $149,325,000 $318,390
    $<1k 158 $24,410,000 $154,494

    Willamette Valley Bank's average total fees were $6,303, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,145 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 2,950 $960,250,000 $325,508
    2.5-3% 1,618 $510,460,000 $315,488
    <2.5% 355 $91,565,000 $257,930
    4-5% 185 $69,355,000 $374,892
    5-6% 1 $2,375,000 $2,375,000

    During 2021, Willamette Valley Bank's average interest rate for loans was 3.18%, while their most frequently originated rate bucket for loans was 3-4%, with 2,950 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,963 $877,035,000 $295,996 $6,288 3.19%
    $400k-600k 1,072 $508,200,000 $474,067 $6,888 3.19%
    $100k-200k 792 $125,660,000 $158,662 $4,293 3.11%
    $100,000 or less 151 $5,895,000 $39,040 $1,552 2.66%
    $600k-1MM 110 $75,650,000 $687,727 $11,694 3.18%
    $1MM+ 21 $41,565,000 $1,979,286 $21,991 3.95%

    2021 saw Willamette Valley Bank place emphasis on $200k-400k loans with 2,963 originations, totaling $877,035,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,432 $391,800,000 $273,603 $6,078 3.14%
    $75k-100k 1,021 $324,065,000 $317,400 $6,275 3.17%
    $100k-150k 1,017 $375,825,000 $369,543 $6,397 3.21%
    $50k or less 723 $148,025,000 $204,737 $5,318 3.07%
    $150k-250k 546 $225,540,000 $413,077 $6,502 3.23%
    $250k+ 190 $80,070,000 $421,421 $6,685 3.30%

    Willamette Valley Bank lent most frequently to those with incomes in the $50k-75k range, with 1,432 originations. The second most popular income band? $75k-100k, with 1,021 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 846 $270,060,000 $319,220 $5,768 3.19%
    20-30% 776 $242,350,000 $312,307 $5,289 3.15%
    44% 337 $106,035,000 $314,644 $6,458 3.29%
    49% 258 $80,730,000 $312,907 $6,476 3.15%
    50-60% 240 $85,290,000 $355,375 $10,244 2.97%
    42% 232 $74,280,000 $320,172 $6,196 3.25%
    41% 231 $73,055,000 $316,255 $5,741 3.22%
    43% 225 $68,505,000 $304,467 $5,953 3.20%
    <20% 223 $62,535,000 $280,426 $4,578 3.04%
    40% 205 $63,805,000 $311,244 $6,067 3.21%
    39% 204 $63,400,000 $310,784 $5,874 3.13%
    38% 195 $59,665,000 $305,974 $6,084 3.20%
    45% 181 $56,095,000 $309,917 $6,470 3.22%
    37% 178 $59,350,000 $333,427 $6,034 3.21%
    36% 170 $54,270,000 $319,235 $6,083 3.21%
    48% 159 $47,945,000 $301,541 $6,514 3.12%
    46% 159 $48,215,000 $303,239 $6,907 3.09%
    47% 152 $44,290,000 $291,382 $6,456 3.15%
    >60% 7 $4,625,000 $660,714 $16,298 2.86%

    Willamette Valley Bank lent most frequently to those with DTI ratios of 30-36%, with 846 originations. The next most common DTI ratio? 20-30%, with 776 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,334 $1,016,990,000 $305,036 $6,052 3.14%
    Not provided 1,588 $526,640,000 $331,637 $6,123 3.20%
    Not applicable 23 $36,565,000 $1,589,783 $0 4.41%
    Asian 66 $23,330,000 $353,485 $6,861 3.23%
    Black 39 $13,495,000 $346,026 $7,442 3.05%
    American Indian 39 $10,905,000 $279,615 $6,459 3.09%
    Native Hawaiian or Islander 19 $5,915,000 $311,316 $7,423 3.17%
    Japanese 1 $165,000 $165,000 $5,246 2.75%

    Approval Rates

    Total approvals of all applications
    93.59%

    Willamette Valley Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    79.64%

    Willamette Valley Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 5,109 $1,634,005,000 $319,829

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    5,109 $1,634,005,000 $319,829

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 301 $59,575,000 $197,924 $4,234 3.04%
    40-60% 881 $242,865,000 $275,670 $4,885 3.10%
    60-80% 1,954 $660,840,000 $338,199 $6,124 3.28%
    80-100% 1,773 $629,885,000 $355,265 $6,949 3.15%
    Over 100% 78 $34,110,000 $437,308 $15,035 2.88%
    Under 20% 122 $6,730,000 $55,164 $1,098 2.51%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    03willamette Valley Bank 101 High Street, N.E. Salem, OR 97301 Full Service B&M $161,243
    03willamette Valley Bank 1970 14th Avenue, Se Albany, OR 97321 Full Service B&M $24,470
    03willamette Valley Bank 5140 River Road Ne Keizer, OR 97303 Full Service B&M $70,539
    03willamette Valley Bank 701a Mcclaine Street Silverton, OR 97381 Full Service B&M $41,160

    For 2021, Willamette Valley Bank had 4 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $14,009
    Net interest income $12,913
    Total noninterest income $77,479
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $48
    Trading account gains and fees $0
    Additional Noninterest Income $77,431
    Pre-tax net operating income $30,027
    Securities gains (or losses, -) $0
    Income before extraordinary items $22,738
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $22,738
    Minority interest net income $0
    Net income $22,738
    Sale, conversion, retirement of capital stock, net $2,294
    Net operating income $22,738

    Willamette Valley Bank's gross interest income from loans was $14,009,000.
    Willamette Valley Bank's net interest income from loans was $12,913,000.
    Willamette Valley Bank's fee based income from loans was $48,000.
    Willamette Valley Bank's net income from loans was $22,738,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $1,096
    Provision for credit losses $113
    Total noninterest expense $60,252
    Salaries and employee benefits $48,694
    Premises and equipment expense $3,871
    Additional noninterest expense $7,687
    Applicable income taxes $7,289
    Net charge-offs $-10
    Cash dividends $12,176

    Willamette Valley Bank's interest expense for loans was $1,096,000.
    Willamette Valley Bank's payroll and benefits expense were $48,694,000.
    Willamette Valley Bank's property, plant and equipment expenses $3,871,000.

    Loan Performance

    Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
    All loans 0.0%
    Real Estate loans 0.0%
    Construction & Land Development loans 0.0%
    Nonfarm, nonresidential loans 0.0%
    Multifamily residential loans 0.0%
    1-4 family residential loans 0.0%
    HELOC loans 0.0%
    All other family 0.0%
    Commercial & industrial loans 4.0%
    Personal loans 0.0%
    Credit card loans 0.0%
    Other individual loans 0.0%
    Auto loans 0.0%
    Other consumer loans 0.0%
    Unsecured commercial real estate loans 0.0%

    Deposits

    Type Value (in 000's)
    Total deposits $323,487
    Deposits held in domestic offices $323,487
    Deposits by Individuals, partnerships, and corporations $313,309
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $7,699
    Deposits by Commercial banks and other depository institutions in U.S. $2,479
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $126,017
    Demand deposits $34,986
    Nontransaction accounts $197,470
    Money market deposit accounts (MMDAs) $121,238
    Other savings deposits (excluding MMDAs) $15,512
    Total time deposits $60,720
    Total time and savings deposits $288,501
    Noninterest-bearing deposits $34,986
    Interest-bearing deposits $288,500
    Retail deposits $296,850
    IRAs and Keogh plan accounts $2,336
    Brokered deposits $18,990
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $407,850
    Cash & Balances due from depository institutions $65,097
    Interest-bearing balances $47,345
    Total securities $13,758
    Federal funds sold & reverse repurchase $7,014
    Net loans and leases $304,976
    Loan and leases loss allowance $2,605
    Trading account assets $0
    Bank premises and fixed assets $3,578
    Other real estate owned $0
    Goodwill and other intangibles $0
    All other assets $13,427

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $407,850
    Total Liabilities $332,734
    Total deposits $323,487
    Interest-bearing deposits $288,500
    Deposits held in domestic offices $323,487
    % insured (estimated) $67
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $9,247

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $304,976
    Loan and leases loss allowance $2,605
    Total loans and leases (domestic) $307,581
    All real estate loans $294,236
    Real estate loans in domestic offices $294,236
    Construction and development loans $45,648
    Residential 1-4 family construction $5,377
    Other construction, all land development and other land $40,271
    Loans secured by nonfarm nonresidential properties $125,843
    Nonfarm nonresidential secured by owner-occupied properties $36,156
    Commercial real estate & other non-farm, non-residential $89,687
    Multifamily residential real estate $38,004
    1-4 family residential loans $81,083
    Farmland loans $3,658
    Loans held in foreign offices $0
    Farm loans $920
    Commercial and industrial loans $13,091
    To non-U.S. addressees $0
    Loans to individuals $80
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $0
    Other loans to individuals $80
    All other loans & leases $10
    Loans to foreign governments and official institutions $0
    Other loans $10
    Loans to depository institutions and acceptances of other banks $0
    Loans not secured by real estate $0
    Loans secured by real estate to non-U.S. addressees $0
    Restructured Loans & leases $0
    Non 1-4 family restructured loans & leases $0
    Total loans and leases (foreign) $0

    Willamette Valley Bank had $304,976,000 of loans outstanding in 2021. $294,236,000 of loans were in real estate loans. $45,648,000 of loans were in development loans. $38,004,000 of loans were in multifamily mortgage loans. $81,083,000 of loans were in 1-4 family mortgage loans. $920,000 of loans were in farm loans. $0 of loans were in credit card loans. $0 of loans were in the auto loan category.

    Small Business Loans

    Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
    Nonfarm, nonresidential loans - <$1MM 90 $36,539 $405,989
    Nonfarm, nonresidential loans - <$100k 2 $38 $19,000
    Nonfarm, nonresidential loans - $100-250k 26 $4,623 $177,808
    Nonfarm, nonresidential loans - $250k-1MM 62 $31,878 $514,161
    Commercial & Industrial, US addressed loans - <$1MM 121 $11,960 $98,843
    Commercial & Industrial, US addressed loans - <$100k 76 $2,453 $32,276
    Commercial & Industrial, US addressed loans - $100-250k 22 $2,928 $133,091
    Commercial & Industrial, US addressed loans - $250k-1MM 23 $6,579 $286,043
    Farmland loans - <$1MM 13 $3,657 $281,308
    Farmland loans - <$100k 2 $103 $51,500
    Farmland loans - $100-250k 5 $969 $193,800
    Farmland loans - $250k-1MM 6 $2,585 $430,833
    Agriculture operations loans - <$1MM 4 $171 $42,750
    Agriculture operations loans - $100-250k 4 $171 $42,750