El Dorado Savings Bank F.s.b. Mortgage Rates, Fees & InfoPlacerville, CA
Tax ID: 94-1400676
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewEl Dorado Savings Bank F.s.b. is a smaller bank specializing in Refi loans. El Dorado Savings Bank F.s.b. has a high proportion of conventional loans. Their top markets by origination volume include: Sacramento, Truckee, Sonora, Gardnerville Ranchos, and Reno among others. We have data for 7 markets. (Some data included below & more in-depth data is available with an active subscription.)
El Dorado Savings Bank F.s.b. has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. El Dorado Savings Bank F.s.b. is typically a low 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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|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||5.41%||9/18/23|
|30 Year Conventional Refi||5.51%||9/18/23|
|15 Year Conventional Purchase||5.12%||9/18/23|
|15 Year Conventional Refi||5.25%||9/18/23|
|15 Year Cash-out Refi||5.25%||9/18/23|
|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.|
El Dorado Savings Bank F.s.b. Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$105,455,000
El Dorado Savings Bank F.S.B. - 2022
El Dorado Savings Bank F.S.B. is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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El Dorado Savings Bank F.s.b.'s average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of -1.53%.
Relative Fees (Closing Costs)
El Dorado Savings Bank F.s.b.'s average total fees/closing costs for a 30 year fixed rate
mortgage were $3,521.
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.
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|
|SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA)||261||$76,535,000||$293,238||$3,137||3.03%|
|Outside of Metro Areas||61||$13,935,000||$228,443||$3,055||3.02%|
|Truckee-Grass Valley, CA (FHA|USDA|VA)||19||$6,605,000||$347,632||$4,097||2.96%|
|Sonora, CA (FHA|USDA|VA)||11||$2,945,000||$267,727||$3,214||3.30%|
|Gardnerville Ranchos, NV (FHA|USDA|VA)||10||$2,610,000||$261,000||$3,726||2.44%|
|RENO, NV (FHA|USDA|VA)||6||$2,040,000||$340,000||$2,948||3.44%|
|CARSON CITY, NV (FHA|USDA|VA)||3||$785,000||$261,667||$3,912||2.71%|
We use machine learning to identify the top lenders compared against El Dorado Savings Bank F.S.B. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, El Dorado Savings Bank F.s.b.'s most frequently originated type of loan was Conventional, with 371 originations.
For 2022, El Dorado Savings Bank F.s.b.'s most frequently cited loan purpose was Refi, with 283 originations. The 2nd most popular reason was Home Purchase, with 44 originations.
For 2022, El Dorado Savings Bank F.s.b.'s most frequently cited loan duration was 30 Year, with 224 originations. The 2nd most popular length was 15 Year, with 74 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
El Dorado Savings Bank F.s.b.'s average total fees were $3,521, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 217 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2022, El Dorado Savings Bank F.s.b.'s average interest rate for loans was 3.23%, while their most frequently originated rate bucket for loans was 2.5-3%, with 133 originations.
2022 saw El Dorado Savings Bank F.s.b. place emphasis on $200k-400k loans with 164 originations, totaling $46,340,000 in origination value.
El Dorado Savings Bank F.s.b. lent most frequently to those with incomes in the $100k-150k range, with 90 originations. The second most popular income band? $150k-250k, with 70 originations.
Applicant Debt to Income Ratio
El Dorado Savings Bank F.s.b. lent most frequently to those with DTI ratios of 20-30%, with 117 originations. The next most common DTI ratio? <20%, with 72 originations.
Approval RatesTotal approvals of all applications
El Dorado Savings Bank F.s.b. has an average approval rate.
Pick RateApprovals leading to origination
El Dorado Savings Bank F.s.b. has an average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|