River Region Credit Union Mortgage Rates, Fees & Info
Jefferson City, MOLEI: 549300HC0CLTNVGA0H76
Tax ID: 44-0623480
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
River Region Credit Union is a smaller credit union specializing in Home Purchase loans. River Region Credit Union has a high proportion of conventional loans. Their top markets by origination volume include: Columbia, Jefferson City, Springfield, St. Louis, and Kansas City among others. We have data for 22 markets. (Some data included below & more in-depth data is available with an active subscription.)River Region Credit Union 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.
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Originations
694Origination Dollar Volume (All Markets)
$121,710,000Top Markets
Zoom/scroll map to see bank's per metro statistics. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results. This map shows top 10 markets in the map viewport, as defined by descending origination volume.
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| COLUMBIA, MO (FHA|USDA|VA) | 228 | $46,280,000 | $202,982 | $0 | 0.00% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 296 | $44,900,000 | $151,689 | $0 | 0.00% |
| Outside of Metro Areas | 74 | $14,430,000 | $195,000 | $0 | 0.00% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 51 | $7,305,000 | $143,235 | $0 | 0.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 12 | $2,470,000 | $205,833 | $0 | 0.00% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 6 | $2,130,000 | $355,000 | $0 | 0.00% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $745,000 | $745,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $635,000 | $635,000 | $0 | 0.00% |
| Moberly, MO (FHA|USDA|VA) | 6 | $590,000 | $98,333 | $0 | 0.00% |
| Branson, MO (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $0 | 0.00% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 0.00% |
| Mexico, MO (FHA|USDA|VA) | 4 | $310,000 | $77,500 | $0 | 0.00% |
| Sedalia, MO (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 0.00% |
| Lebanon, MO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 0.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 0.00% |
| Taylorville, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 0.00% |
| Oskaloosa, IA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 0.00% |
| Farmington, MO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 0.00% |
| Kirksville, MO (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
| Marshall, MO (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 0.00% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 0.00% |
| JOPLIN, MO (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 694 | $121,710,000 | $175,375 | $0 | 0.00% |
For 2024, River Region Credit Union's most frequently originated type of loan was Conventional, with 694 originations.
Loan Reason
For 2024, River Region Credit Union's most frequently cited loan purpose was Home Purchase, with 287 originations. The 2nd most popular reason was Home Improvement, with 154 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 694 | $121,710,000 | $175,375 | $0 | 0.00% |
For 2024, River Region Credit Union's most frequently cited loan duration was Other, with 694 originations.
Loan Sizing
2024 saw River Region Credit Union place emphasis on $100,000 or less loans with 290 originations, totaling $16,370,000 in origination value.
Applicant Income
River Region Credit Union lent most frequently to those with incomes in the $100k-150k range, with 187 originations. The second most popular income band? $150k-250k, with 135 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 694 | $121,710,000 | $175,375 | $0 | 0.00% |
River Region Credit Union lent most frequently to those with DTI ratios of Exempt%, with 694 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.45%
River Region Credit Union has an average approval rate.
Pick Rate
Approvals leading to origination84.01%
River Region Credit Union has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 694 | $121,710,000 | $175,375 |