Willamette Valley Bank Mortgage Rates, Fees & Info

Salem, OR

LEI: 549300GS6ONO04ORI292

Tax ID: 93-1277376

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Review & Overview

Willamette Valley Bank is a small bank specializing in Home Purchase and Refi 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, Salem, and Spokane among others. We have data for 155 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	6.80%	11/21/24
30 Year Conventional Refi	6.67%	11/21/24
30 Year Cash-out Refi	6.91%	11/21/24
30 Year FHA Purchase	7.47%	11/21/24
30 Year FHA Refi	6.90%	11/21/24
30 Year VA Purchase	6.29%	11/21/24
30 Year VA Refi	6.50%	11/21/24
30 Year USDA Purchase	6.63%	11/21/24
15 Year Conventional Purchase	7.36%	11/21/24
15 Year Conventional Refi	6.26%	11/21/24
15 Year Cash-out Refi	6.26%	11/21/24
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.

Willamette Valley Bank Mortgage Calculator

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This is not an official calculator from Willamette Valley Bank. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.

Originations

6,147

Origination Dollar Volume (All Markets)

$1,741,315,000

Employee count

213

Awards

Willamette Valley Bank 30 Year Conventional Loans bronze

Willamette Valley Bank 30 Year Conventional Loans silver

Show all (12) awards

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	1,813	$510,275,000	$281,453	$5,508	3.30%
BOISE CITY, ID (FHA\|USDA\|VA)	1,059	$280,295,000	$264,679	$6,426	3.39%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	834	$279,070,000	$334,616	$5,716	3.10%
MEDFORD, OR (FHA\|USDA\|VA)	425	$114,395,000	$269,165	$5,210	3.15%
SALEM, OR (FHA\|USDA\|VA)	191	$72,145,000	$377,723	$5,389	3.27%
SPOKANE-SPOKANE VALLEY, WA (FHA\|USDA\|VA)	263	$63,145,000	$240,095	$4,714	3.07%
Sandpoint, ID (FHA\|USDA\|VA)	217	$60,455,000	$278,594	$5,129	3.28%
Outside of Metro Areas	246	$52,400,000	$213,008	$5,028	3.33%
GRANTS PASS, OR (FHA\|USDA\|VA)	193	$50,885,000	$263,653	$5,099	3.39%
BEND, OR (FHA\|USDA\|VA)	137	$43,485,000	$317,409	$6,494	3.29%
EUGENE-SPRINGFIELD, OR (FHA\|USDA\|VA)	99	$30,465,000	$307,727	$6,567	3.04%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	63	$24,695,000	$391,984	$6,021	3.15%
YAKIMA, WA (FHA\|USDA\|VA)	105	$17,125,000	$163,095	$4,538	2.56%
ALBANY-LEBANON, OR (FHA\|USDA\|VA)	34	$15,380,000	$452,353	$5,332	3.41%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	22	$9,190,000	$417,727	$7,333	3.24%
LONGVIEW, WA (FHA\|USDA\|VA)	32	$8,270,000	$258,438	$4,968	2.96%
OLYMPIA-LACEY-TUMWATER, WA (FHA\|USDA\|VA)	15	$5,165,000	$344,333	$5,059	3.02%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	17	$4,735,000	$278,529	$5,678	3.15%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	15	$4,065,000	$271,000	$5,529	3.10%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	9	$3,655,000	$406,111	$6,731	3.22%
Ontario, OR-ID (FHA\|USDA\|VA)	18	$3,540,000	$196,667	$6,541	3.41%
CORVALLIS, OR (FHA\|USDA\|VA)	12	$3,220,000	$268,333	$4,727	3.18%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA\|USDA\|VA)	8	$3,160,000	$395,000	$4,816	3.19%
Klamath Falls, OR (FHA\|USDA\|VA)	11	$2,555,000	$232,273	$4,894	3.42%
TWIN FALLS, ID (FHA\|USDA\|VA)	12	$2,510,000	$209,167	$6,500	3.21%
Roseburg, OR (FHA\|USDA\|VA)	12	$2,450,000	$204,167	$4,871	3.53%
Mountain Home, ID (FHA\|USDA\|VA)	15	$2,345,000	$156,333	$6,040	3.50%
Prineville, OR (FHA\|USDA\|VA)	8	$2,200,000	$275,000	$7,064	3.14%
Bozeman, MT (FHA\|USDA\|VA)	7	$2,065,000	$295,000	$5,044	3.16%
KENNEWICK-RICHLAND, WA (FHA\|USDA\|VA)	6	$1,970,000	$328,333	$7,083	3.02%
Coos Bay, OR (FHA\|USDA\|VA)	8	$1,960,000	$245,000	$6,586	3.27%
Newport, OR (FHA\|USDA\|VA)	8	$1,850,000	$231,250	$4,341	3.58%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA\|USDA\|VA)	5	$1,795,000	$359,000	$3,595	3.15%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	5	$1,755,000	$351,000	$7,436	2.73%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	6	$1,740,000	$290,000	$6,368	3.63%
Pullman, WA (FHA\|USDA\|VA)	9	$1,655,000	$183,889	$4,139	2.47%
LEWISTON, ID-WA (FHA\|USDA\|VA)	7	$1,425,000	$203,571	$4,550	3.14%
URBAN HONOLULU, HI (FHA\|USDA\|VA)	2	$1,240,000	$620,000	$6,397	3.38%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA\|USDA\|VA)	3	$1,235,000	$411,667	$7,300	3.13%
Brookings, OR (FHA\|USDA\|VA)	3	$1,225,000	$408,333	$10,477	3.92%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA\|USDA\|VA)	2	$1,180,000	$590,000	$11,752	3.56%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	3	$1,165,000	$388,333	$6,882	3.54%
Astoria, OR (FHA\|USDA\|VA)	4	$1,150,000	$287,500	$5,471	2.84%
SALT LAKE CITY, UT (FHA\|USDA\|VA)	4	$1,150,000	$287,500	$4,924	3.16%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	2	$1,140,000	$570,000	$6,856	3.63%
NAPA, CA (FHA\|USDA\|VA)	3	$1,095,000	$365,000	$10,409	3.13%
The Dalles, OR (FHA\|USDA\|VA)	3	$1,085,000	$361,667	$4,207	3.71%
MISSOULA, MT (FHA\|USDA\|VA)	3	$1,015,000	$338,333	$4,355	3.08%
Moscow, ID (FHA\|USDA\|VA)	5	$1,005,000	$201,000	$5,754	3.80%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	2	$980,000	$490,000	$16,957	2.69%
Kalispell, MT (FHA\|USDA\|VA)	3	$945,000	$315,000	$5,329	3.00%
Steamboat Springs, CO (FHA\|USDA\|VA)	2	$930,000	$465,000	$4,560	3.25%
BOWLING GREEN, KY (FHA\|USDA\|VA)	5	$835,000	$167,000	$4,642	3.28%
GREEN BAY, WI (FHA\|USDA\|VA)	4	$820,000	$205,000	$6,592	3.03%
Centralia, WA (FHA\|USDA\|VA)	3	$815,000	$271,667	$3,110	3.63%
IDAHO FALLS, ID (FHA\|USDA\|VA)	4	$810,000	$202,500	$6,411	3.59%
TUCSON, AZ (FHA\|USDA\|VA)	4	$790,000	$197,500	$4,819	3.09%
STOCKTON, CA (FHA\|USDA\|VA)	3	$775,000	$258,333	$4,260	3.79%
RICHMOND, VA (FHA\|USDA\|VA)	2	$770,000	$385,000	$3,498	3.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	2	$730,000	$365,000	$9,079	3.50%
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	2	$720,000	$360,000	$6,538	3.00%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA\|USDA\|VA)	2	$720,000	$360,000	$5,467	3.31%
GREELEY, CO (FHA\|USDA\|VA)	2	$690,000	$345,000	$4,389	3.38%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	3	$665,000	$221,667	$3,441	3.33%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	2	$650,000	$325,000	$6,434	3.00%
Heber, UT (FHA\|USDA\|VA)	1	$645,000	$645,000	$12,500	3.00%
WENATCHEE, WA (FHA\|USDA\|VA)	3	$635,000	$211,667	$5,596	2.96%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	2	$630,000	$315,000	$6,283	3.25%
Rexburg, ID (FHA\|USDA\|VA)	3	$625,000	$208,333	$7,186	2.75%
COLORADO SPRINGS, CO (FHA\|USDA\|VA)	2	$610,000	$305,000	$10,295	3.63%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	3	$605,000	$201,667	$4,294	3.13%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	2	$570,000	$285,000	$7,059	2.56%
Carlsbad-Artesia, NM (FHA\|USDA\|VA)	2	$560,000	$280,000	$5,878	3.38%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA\|USDA\|VA)	2	$560,000	$280,000	$11,715	3.63%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	1	$545,000	$545,000	$15,189	3.38%
Hilo, HI (FHA\|USDA\|VA)	1	$535,000	$535,000	$3,469	3.00%
Hermiston-Pendleton, OR (FHA\|USDA\|VA)	2	$520,000	$260,000	$4,041	3.44%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	1	$505,000	$505,000	$6,692	4.25%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA\|USDA\|VA)	1	$495,000	$495,000	$5,119	3.25%
BOULDER, CO (FHA\|USDA\|VA)	1	$475,000	$475,000	$4,318	2.88%
Moses Lake, WA (FHA\|USDA\|VA)	4	$470,000	$117,500	$5,050	3.03%
Susanville, CA (FHA\|USDA\|VA)	2	$470,000	$235,000	$2,639	2.63%
REDDING, CA (FHA\|USDA\|VA)	2	$470,000	$235,000	$4,038	3.25%
ST. GEORGE, UT (FHA\|USDA\|VA)	1	$455,000	$455,000	$8,373	4.13%
MILWAUKEE-WAUKESHA, WI (FHA\|USDA\|VA)	3	$455,000	$151,667	$4,370	3.71%
POCATELLO, ID (FHA\|USDA\|VA)	2	$450,000	$225,000	$7,930	3.00%
Oak Harbor, WA (FHA\|USDA\|VA)	1	$425,000	$425,000	$1,957	2.50%
VALLEJO, CA (FHA\|USDA\|VA)	1	$405,000	$405,000	$3,160	2.88%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	1	$385,000	$385,000	$2,264	2.88%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA\|USDA\|VA)	2	$370,000	$185,000	$2,974	3.19%
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	2	$370,000	$185,000	$1,861	3.19%
CEDAR RAPIDS, IA (FHA\|USDA\|VA)	2	$360,000	$180,000	$2,130	3.25%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	1	$355,000	$355,000	$12,947	3.13%
PROVIDENCE-WARWICK, RI-MA (FHA\|USDA\|VA)	1	$345,000	$345,000	$3,945	3.63%
YUBA CITY, CA (FHA\|USDA\|VA)	1	$345,000	$345,000	$10,165	3.00%
MADISON, WI (FHA\|USDA\|VA)	1	$335,000	$335,000	$1,987	2.88%
APPLETON, WI (FHA\|USDA\|VA)	2	$330,000	$165,000	$2,739	3.00%
Helena, MT (FHA\|USDA\|VA)	2	$330,000	$165,000	$3,166	3.06%
MOBILE, AL (FHA\|USDA\|VA)	1	$325,000	$325,000	$3,856	4.00%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA\|USDA\|VA)	1	$325,000	$325,000	$1,720	4.75%
Ellensburg, WA (FHA\|USDA\|VA)	1	$315,000	$315,000	$3,592	3.13%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA\|USDA\|VA)	2	$310,000	$155,000	$5,203	3.69%
ANCHORAGE, AK (FHA\|USDA\|VA)	1	$305,000	$305,000	$7,496	3.38%
FAIRBANKS, AK (FHA\|USDA\|VA)	1	$305,000	$305,000	$9,122	2.38%
Hood River, OR (FHA\|USDA\|VA)	1	$305,000	$305,000	$4,125	3.00%
Morehead City, NC (FHA\|USDA\|VA)	1	$305,000	$305,000	$9,348	2.88%
LOGAN, UT-ID (FHA\|USDA\|VA)	1	$295,000	$295,000	$6,414	3.38%
COLUMBUS, GA-AL (FHA\|USDA\|VA)	1	$295,000	$295,000	$11,810	2.75%
LUBBOCK, TX (FHA\|USDA\|VA)	1	$295,000	$295,000	$8,470	2.88%
CHATTANOOGA, TN-GA (FHA\|USDA\|VA)	2	$290,000	$145,000	$4,454	4.50%
LAS CRUCES, NM (FHA\|USDA\|VA)	1	$285,000	$285,000	$5,618	2.63%
CHEYENNE, WY (FHA\|USDA\|VA)	1	$285,000	$285,000	$3,508	2.88%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	2	$270,000	$135,000	$2,970	2.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	1	$265,000	$265,000	$4,995	2.88%
Winnemucca, NV (FHA\|USDA\|VA)	1	$265,000	$265,000	$7,938	2.75%
Pahrump, NV (FHA\|USDA\|VA)	1	$265,000	$265,000	$4,439	3.25%
Burley, ID (FHA\|USDA\|VA)	2	$260,000	$130,000	$3,967	3.31%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA\|USDA\|VA)	1	$255,000	$255,000	$7,348	3.25%
PROVO-OREM, UT (FHA\|USDA\|VA)	1	$245,000	$245,000	$4,501	3.50%
DUBUQUE, IA (FHA\|USDA\|VA)	1	$245,000	$245,000	$6,618	3.63%
JOHNSON CITY, TN (FHA\|USDA\|VA)	1	$245,000	$245,000	$4,446	3.13%
SAN ANGELO, TX (FHA\|USDA\|VA)	1	$245,000	$245,000	$615	4.75%
Eureka-Arcata, CA (FHA\|USDA\|VA)	1	$235,000	$235,000	$3,929	2.88%
ENID, OK (FHA\|USDA\|VA)	1	$225,000	$225,000	$6,183	2.63%
Aberdeen, WA (FHA\|USDA\|VA)	1	$215,000	$215,000	$3,967	3.00%
WICHITA FALLS, TX (FHA\|USDA\|VA)	1	$205,000	$205,000	$5,867	2.38%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	1	$205,000	$205,000	$3,790	2.75%
SALINAS, CA (FHA\|USDA\|VA)	1	$195,000	$195,000	$4,045	2.88%
MOUNT VERNON-ANACORTES, WA (FHA\|USDA\|VA)	1	$185,000	$185,000	$5,183	4.00%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	1	$185,000	$185,000	$4,727	3.88%
Blackfoot, ID (FHA\|USDA\|VA)	1	$185,000	$185,000	$6,251	3.25%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	1	$175,000	$175,000	$6,670	3.50%
ALBANY-SCHENECTADY-TROY, NY (FHA\|USDA\|VA)	1	$165,000	$165,000	$2,398	3.38%
RENO, NV (FHA\|USDA\|VA)	1	$165,000	$165,000	$2,389	2.75%
La Grande, OR (FHA\|USDA\|VA)	1	$165,000	$165,000	$4,291	2.75%
Bennington, VT (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,816	4.38%
Fernley, NV (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,130	2.75%
LAKE HAVASU CITY-KINGMAN, AZ (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,132	4.38%
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	1	$155,000	$155,000	$6,578	2.75%
CORPUS CHRISTI, TX (FHA\|USDA\|VA)	1	$145,000	$145,000	$3,907	3.63%
Hailey, ID (FHA\|USDA\|VA)	1	$145,000	$145,000	$4,526	3.25%
VISALIA, CA (FHA\|USDA\|VA)	1	$145,000	$145,000	$3,902	3.50%
BILLINGS, MT (FHA\|USDA\|VA)	1	$145,000	$145,000	$3,735	2.88%
Oskaloosa, IA (FHA\|USDA\|VA)	1	$135,000	$135,000	$6,726	2.50%
Eagle Pass, TX (FHA\|USDA\|VA)	1	$135,000	$135,000	$3,509	2.75%
CLARKSVILLE, TN-KY (FHA\|USDA\|VA)	1	$135,000	$135,000	$4,176	4.13%
CINCINNATI, OH-KY-IN (FHA\|USDA\|VA)	1	$135,000	$135,000	$8,234	3.88%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	1	$135,000	$135,000	$3,494	2.75%
Danville, KY (FHA\|USDA\|VA)	1	$125,000	$125,000	$1,641	2.50%
AUBURN-OPELIKA, AL (FHA\|USDA\|VA)	1	$125,000	$125,000	$5,348	2.75%
BUFFALO-CHEEKTOWAGA, NY (FHA\|USDA\|VA)	1	$115,000	$115,000	$3,933	3.63%
OSHKOSH-NEENAH, WI (FHA\|USDA\|VA)	1	$105,000	$105,000	$5,548	2.38%
Othello, WA (FHA\|USDA\|VA)	1	$95,000	$95,000	$3,071	3.63%
ERIE, PA (FHA\|USDA\|VA)	1	$55,000	$55,000	$4,398	4.13%
SOUTH BEND-MISHAWAKA, IN-MI (FHA\|USDA\|VA)	1	$55,000	$55,000	$4,022	3.50%

Willamette Valley Bank's top markets include Boise City, Portland, Medford, Salem, and Spokane 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	4,819	$1,351,715,000	$280,497	$4,773	3.28%
FHA	775	$211,275,000	$272,613	$10,157	3.27%
VA	493	$163,565,000	$331,775	$6,689	2.91%
USDA	60	$14,760,000	$246,000	$6,596	3.11%

For 2020, Willamette Valley Bank's most frequently originated type of loan was Conventional, with 4,819 originations. Their 2nd most popular type was FHA, with 775 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	2,844	$833,700,000	$293,143	$6,001	3.26%
Refi	2,117	$589,385,000	$278,406	$4,973	3.15%
Cash Out Refi	739	$203,885,000	$275,893	$5,995	3.41%
Home Improvement	447	$114,345,000	$255,805	$5,778	3.32%

For 2020, Willamette Valley Bank's most frequently cited loan purpose was Home Purchase, with 2,844 originations. The 2nd most popular reason was Refi, with 2,117 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	5,609	$1,600,625,000	$285,367	$5,829	3.22%
15 Year	238	$53,170,000	$223,403	$4,292	2.91%
10 Year	137	$19,805,000	$144,562	$394	4.84%
Other	81	$48,475,000	$598,457	$4,014	3.04%
20 Year	80	$18,910,000	$236,375	$4,636	3.29%
30+ year	1	$15,000	$15,000	$40	0.00%
3 Year	1	$315,000	$315,000	$0	4.60%

For 2020, Willamette Valley Bank's most frequently cited loan duration was 30 Year, with 5,609 originations. The 2nd most popular length was 15 Year, with 238 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$1k-2k	2,490	$691,330,000	$277,643
$2k-3k	1,135	$300,965,000	$265,167
$3k-4k	883	$239,815,000	$271,591
$5k+	740	$263,200,000	$355,676
$4k-5k	586	$170,300,000	$290,614
$<1k	277	$24,565,000	$88,682

Willamette Valley Bank's average total fees were $5,829, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,490 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
3-4%	3,058	$866,640,000	$283,401
2.5-3%	2,082	$603,470,000	$289,851
4-5%	544	$154,110,000	$283,290
<2.5%	450	$111,150,000	$247,000
5-6%	11	$4,505,000	$409,545
6-7%	2	$1,440,000	$720,000

During 2020, Willamette Valley Bank's average interest rate for loans was 3.22%, while their most frequently originated rate bucket for loans was 3-4%, with 3,058 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	3,810	$1,088,560,000	$285,711	$6,109	3.25%
$100k-200k	1,172	$188,060,000	$160,461	$4,268	3.28%
$400k-600k	819	$382,105,000	$466,551	$6,428	3.22%
$100,000 or less	285	$8,615,000	$30,228	$1,159	2.97%
$600k-1MM	46	$34,130,000	$741,957	$15,218	3.52%
$1MM+	15	$39,845,000	$2,656,333	$46,097	4.49%

2020 saw Willamette Valley Bank place emphasis on $200k-400k loans with 3,810 originations, totaling $1,088,560,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$50k-75k	1,825	$440,655,000	$241,455	$5,662	3.24%
$75k-100k	1,186	$337,410,000	$284,494	$6,007	3.27%
$100k-150k	1,128	$371,130,000	$329,016	$5,851	3.25%
$50k or less	929	$169,175,000	$182,104	$4,907	3.24%
$150k-250k	600	$222,920,000	$371,533	$5,877	3.28%
$250k+	185	$69,685,000	$376,676	$5,676	3.35%

Willamette Valley Bank lent most frequently to those with incomes in the $50k-75k range, with 1,825 originations. The second most popular income band? $75k-100k, with 1,186 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	1,091	$302,325,000	$277,108	$4,954	3.21%
30-36%	1,082	$304,980,000	$281,867	$5,350	3.27%
44%	368	$100,710,000	$273,668	$5,796	3.31%
<20%	322	$82,490,000	$256,180	$4,558	3.14%
50-60%	306	$81,130,000	$265,131	$8,755	3.45%
43%	289	$79,395,000	$274,723	$6,011	3.31%
42%	261	$71,815,000	$275,153	$5,310	3.31%
41%	236	$65,230,000	$276,398	$5,732	3.31%
40%	236	$68,580,000	$290,593	$5,718	3.24%
49%	226	$62,180,000	$275,133	$5,760	3.13%
38%	224	$62,920,000	$280,893	$5,791	3.26%
37%	213	$58,075,000	$272,653	$5,773	3.22%
39%	203	$58,225,000	$286,823	$6,215	3.26%
36%	192	$48,000,000	$250,000	$5,206	3.27%
45%	187	$50,255,000	$268,743	$5,989	3.26%
46%	159	$43,555,000	$273,931	$6,326	3.29%
47%	153	$43,665,000	$285,392	$6,327	3.26%
48%	151	$41,285,000	$273,411	$6,102	3.13%
>60%	5	$1,225,000	$245,000	$6,470	3.20%

Willamette Valley Bank lent most frequently to those with DTI ratios of 20-30%, with 1,091 originations. The next most common DTI ratio? 30-36%, with 1,082 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	4,902	$1,339,150,000	$273,184	$5,638	3.25%
Not provided	1,018	$298,650,000	$293,369	$5,554	3.20%
Not applicable	29	$47,245,000	$1,629,138	$0	4.64%
Asian	81	$24,685,000	$304,753	$5,636	3.28%
American Indian	57	$14,105,000	$247,456	$5,699	3.29%
Black	39	$11,395,000	$292,179	$6,169	3.13%
Native Hawaiian or Islander	18	$5,240,000	$291,111	$5,647	3.35%
Guamanian	1	$325,000	$325,000	$6,234	4.00%
Other Pacific Islander	1	$315,000	$315,000	$9,691	3.75%
Other Asian	1	$205,000	$205,000	$3,259	2.88%

Approval Rates

Total approvals of all applications
92.89%

Willamette Valley Bank has an average approval rate.

Pick Rate

Approvals leading to origination
81.06%

Willamette Valley Bank has a below average pick rate.

Points and Fees

Points	Originations	Total Value	Average Loan
NA	6,147	$1,741,315,000	$283,279

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
Multifamily:Site-Built	25	$42,515,000	$1,700,600
Single Family (1-4 Units):Manufactured	204	$45,130,000	$221,225
Single Family (1-4 Units):Site-Built	5,918	$1,653,670,000	$279,431

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	279	$49,485,000	$177,366	$3,869	3.07%
40-60%	846	$220,060,000	$260,118	$4,445	3.12%
60-80%	2,152	$655,200,000	$304,461	$5,308	3.35%
80-100%	2,573	$787,125,000	$305,917	$6,710	3.26%
Over 100%	70	$24,860,000	$355,143	$12,988	3.07%
Under 20%	227	$4,585,000	$20,198	$619	2.90%

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	$129,034
03willamette Valley Bank	1970 14th Avenue, Se Albany, OR 97321	Full Service B&M	$21,498
03willamette Valley Bank	5140 River Road Ne Keizer, OR 97303	Full Service B&M	$69,075
03willamette Valley Bank	701a Mcclaine Street Silverton, OR 97381	Full Service B&M	$37,581

For 2020, Willamette Valley Bank had 4 branches.

Yearly Performance Overview

Bank Income

Item	Value (in 000's)
Total interest income	$13,584
Net interest income	$11,713
Total noninterest income	$89,709
Gross Fiduciary activities income	$0
Service charges on deposit accounts	$44
Trading account gains and fees	$0
Additional Noninterest Income	$89,665
Pre-tax net operating income	$38,995
Securities gains (or losses, -)	$0
Income before extraordinary items	$28,906
Discontinued Operations (Extraordinary gains, net)	$0
Net income of bank and minority interests	$28,906
Minority interest net income	$0
Net income	$28,906
Sale, conversion, retirement of capital stock, net	$0
Net operating income	$28,906

Willamette Valley Bank's gross interest income from loans was $13,584,000.
Willamette Valley Bank's net interest income from loans was $11,713,000.
Willamette Valley Bank's fee based income from loans was $44,000.
Willamette Valley Bank's net income from loans was $28,906,000.

Bank Expenses

Item	Value (in 000's)
Total interest expense	$1,871
Provision for credit losses	$657
Total noninterest expense	$61,770
Salaries and employee benefits	$50,207
Premises and equipment expense	$3,511
Additional noninterest expense	$8,052
Applicable income taxes	$10,089
Net charge-offs	$-10
Cash dividends	$5,021

Willamette Valley Bank's interest expense for loans was $1,871,000.
Willamette Valley Bank's payroll and benefits expense were $50,207,000.
Willamette Valley Bank's property, plant and equipment expenses $3,511,000.

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	0.0%
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	$268,696
Deposits held in domestic offices	$268,696
Deposits by Individuals, partnerships, and corporations	$261,067
Deposits by U.S. Government	$0
Deposits by States and political subdivisions in the U.S.	$3,408
Deposits by Commercial banks and other depository institutions in U.S.	$4,221
Deposits by Banks in foreign countries	$0
Deposits by Foreign governments and official institutions	$0
Transaction accounts	$99,409
Demand deposits	$26,889
Nontransaction accounts	$169,287
Money market deposit accounts (MMDAs)	$84,779
Other savings deposits (excluding MMDAs)	$12,398
Total time deposits	$72,110
Total time and savings deposits	$241,807
Noninterest-bearing deposits	$26,889
Interest-bearing deposits	$241,807
Retail deposits	$237,698
IRAs and Keogh plan accounts	$2,557
Brokered deposits	$17,828
Deposits held in foreign offices	$0

Assets

Asset	Value (in 000's)
Total Assets	$394,918
Cash & Balances due from depository institutions	$24,531
Interest-bearing balances	$18,196
Total securities	$0
Federal funds sold & reverse repurchase	$3,345
Net loans and leases	$346,686
Loan and leases loss allowance	$2,483
Trading account assets	$0
Bank premises and fixed assets	$3,120
Other real estate owned	$0
Goodwill and other intangibles	$0
All other assets	$17,236

Liabilities

Liabilities	Value (in 000's)
Total liabilities and capital	$394,918
Total Liabilities	$332,550
Total deposits	$268,696
Interest-bearing deposits	$241,807
Deposits held in domestic offices	$268,696
% insured (estimated)	$70
Federal funds purchased and repurchase agreements	$0
Trading liabilities	$0
Other borrowed funds	$47,835
Subordinated debt	$0
All other liabilities	$16,019

Issued Loan Types

Type	Value (in 000's)
Net loans and leases	$346,686
Loan and leases loss allowance	$2,483
Total loans and leases (domestic)	$349,169
All real estate loans	$315,950
Real estate loans in domestic offices	$315,950
Construction and development loans	$23,312
Residential 1-4 family construction	$5,156
Other construction, all land development and other land	$18,156
Loans secured by nonfarm nonresidential properties	$117,857
Nonfarm nonresidential secured by owner-occupied properties	$29,925
Commercial real estate & other non-farm, non-residential	$87,932
Multifamily residential real estate	$26,704
1-4 family residential loans	$145,037
Farmland loans	$3,040
Loans held in foreign offices	$0
Farm loans	$1,505
Commercial and industrial loans	$32,319
To non-U.S. addressees	$0
Loans to individuals	$119
Credit card loans	$0
Related Plans	$18
Consumer Auto Loans	$13
Other loans to individuals	$88
All other loans & leases	$4
Loans to foreign governments and official institutions	$0
Other loans	$4
Loans to depository institutions and acceptances of other banks	$0
Loans not secured by real estate	$89
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 $346,686,000 of loans outstanding in 2020. $315,950,000 of loans were in real estate loans. $23,312,000 of loans were in development loans. $26,704,000 of loans were in multifamily mortgage loans. $145,037,000 of loans were in 1-4 family mortgage loans. $1,505,000 of loans were in farm loans. $0 of loans were in credit card loans. $13,000 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	81	$31,364	$387,210
Nonfarm, nonresidential loans - <$100k	1	$44	$44,000
Nonfarm, nonresidential loans - $100-250k	26	$5,166	$198,692
Nonfarm, nonresidential loans - $250k-1MM	54	$26,154	$484,333
Commercial & Industrial, US addressed loans - <$1MM	221	$25,748	$116,507
Commercial & Industrial, US addressed loans - <$100k	134	$4,582	$34,194
Commercial & Industrial, US addressed loans - $100-250k	43	$5,729	$133,233
Commercial & Industrial, US addressed loans - $250k-1MM	44	$15,437	$350,841
Farmland loans - <$1MM	12	$2,572	$214,333
Farmland loans - <$100k	2	$114	$57,000
Farmland loans - $100-250k	6	$1,027	$171,167
Farmland loans - $250k-1MM	4	$1,431	$357,750
Agriculture operations loans - <$1MM	7	$755	$107,857
Agriculture operations loans - <$100k	1	$11	$11,000
Agriculture operations loans - $100-250k	6	$744	$124,000