Willamette Valley Bank Mortgage Rates, Fees & Info
Salem, ORLEI: 549300GS6ONO04ORI292
Tax ID: 93-1277376
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Review & Overview
Willamette Valley Bank is a small bank specializing in Home Purchase 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.80% | 11/17/24 |
| 30 Year Conventional Refi | 6.67% | 11/17/24 |
| 30 Year Cash-out Refi | 6.91% | 11/17/24 |
| 30 Year FHA Purchase | 7.47% | 11/17/24 |
| 30 Year FHA Refi | 6.90% | 11/17/24 |
| 30 Year VA Purchase | 6.29% | 11/17/24 |
| 30 Year VA Refi | 6.50% | 11/17/24 |
| 30 Year USDA Purchase | 6.63% | 11/17/24 |
| 15 Year Conventional Purchase | 7.36% | 11/17/24 |
| 15 Year Conventional Refi | 6.26% | 11/17/24 |
| 15 Year Cash-out Refi | 6.26% | 11/17/24 |
| 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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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
5,109Origination Dollar Volume (All Markets)
$1,634,005,000Employee count
231Awards
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Willamette Valley Bank - 2021
Willamette Valley Bank is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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% |
| Española, 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, KY (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% |
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Product Mix
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
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
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
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
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
2021 saw Willamette Valley Bank place emphasis on $200k-400k loans with 2,963 originations, totaling $877,035,000 in origination value.
Applicant Income
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
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
Approval Rates
Total approvals of all applications93.59%
Willamette Valley Bank has an average approval rate.
Pick Rate
Approvals leading to origination79.64%
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
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 |