El Dorado Savings Bank F.s.b. Mortgage Rates, Fees & Info

Placerville, CA

LEI: 549300KLBHBLTPBU7507

Tax ID: 94-1400676

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

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  • SimulatedRates™
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    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Bank Data

  • Branches
  • Income
  • Loan Types
  • Deposit Mix
  • Loan Performance
  • Assets
  • Business Loans

    • Review & Overview

    El 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, Sonora, Truckee, Gardnerville Ranchos, and Reno among others. We have data for 8 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 an 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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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 5.41% 12/16/24
    30 Year Conventional Refi 5.51% 12/16/24
    15 Year Conventional Purchase 5.12% 12/16/24
    15 Year Conventional Refi 5.25% 12/16/24
    15 Year Cash-out Refi 5.25% 12/16/24
    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.

    El Dorado Savings Bank F.s.b. Mortgage Calculator






    Your Estimates

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


    Originations

    486

    Origination Dollar Volume (All Markets)

    $114,420,000

    Employee count

    304 Show all (8) 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
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 328 $83,660,000 $255,061 $2,884 3.62%
    Outside of Metro Areas 73 $12,765,000 $174,863 $2,927 3.76%
    Sonora, CA (FHA|USDA|VA) 28 $6,220,000 $222,143 $3,272 3.66%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 23 $4,965,000 $215,870 $2,733 3.87%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 17 $3,625,000 $213,235 $3,679 3.36%
    RENO, NV (FHA|USDA|VA) 9 $2,095,000 $232,778 $2,377 3.68%
    CARSON CITY, NV (FHA|USDA|VA) 7 $945,000 $135,000 $2,193 3.55%
    Fernley, NV (FHA|USDA|VA) 1 $145,000 $145,000 $3,154 4.13%
    El Dorado Savings Bank F.s.b.'s top markets include Sacramento, Sonora, Truckee, Gardnerville Ranchos, and Reno among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)

    • Similar Lenders

    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.

    American Interbanc Mortgage
    Similarity Rank: 112
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 280
    GREATER NEVADA LLC
    Similarity Rank: 420
    USE Credit Union
    Similarity Rank: 690
    Constant Investments, Inc.
    Similarity Rank: 822
    Schools Financial Credit Union
    Similarity Rank: 910
    Provident Credit Union
    Similarity Rank: 980
    SCHOOLSFIRST
    Similarity Rank: 1080
    SACRAMENTO Credit Union
    Similarity Rank: 1092
    MERIWEST MORTGAGE COMPANY, LLC
    Similarity Rank: 1386

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 486 $114,420,000 $235,432 $2,915 3.65%

    For 2018, El Dorado Savings Bank F.s.b.'s most frequently originated type of loan was Conventional, with 486 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 358 $85,860,000 $239,832 $2,786 3.58%
    Home Purchase 79 $18,905,000 $239,304 $3,568 3.90%
    Other 27 $5,785,000 $214,259 $2,878 3.71%
    Home Improvement 22 $3,870,000 $175,909 $2,692 3.66%

    For 2018, El Dorado Savings Bank F.s.b.'s most frequently cited loan purpose was Refi, with 358 originations. The 2nd most popular reason was Home Purchase, with 79 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 226 $56,750,000 $251,106 $3,107 4.08%
    15 Year 185 $41,705,000 $225,432 $2,765 3.22%
    10 Year 41 $7,665,000 $186,951 $2,323 3.09%
    20 Year 32 $8,140,000 $254,375 $3,278 3.78%
    5 Year 2 $160,000 $80,000 $1,571 2.63%

    For 2018, El Dorado Savings Bank F.s.b.'s most frequently cited loan duration was 30 Year, with 226 originations. The 2nd most popular length was 15 Year, with 185 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 272 $65,890,000 $242,243
    $1k-2k 80 $9,240,000 $115,500
    $2k-3k 62 $12,660,000 $204,194
    $3k-4k 39 $12,015,000 $308,077
    $4k-5k 22 $8,780,000 $399,091
    $5k+ 9 $5,165,000 $573,889

    El Dorado Savings Bank F.s.b.'s average total fees were $3,107, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 272 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 244 $57,210,000 $234,467
    4-5% 148 $36,800,000 $248,649
    2.5-3% 87 $18,895,000 $217,184
    <2.5% 4 $910,000 $227,500
    5-6% 3 $605,000 $201,667

    During 2018, El Dorado Savings Bank F.s.b.'s average interest rate for loans was 4.08%, while their most frequently originated rate bucket for loans was 3-4%, with 244 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 218 $61,590,000 $282,523 $3,174 3.71%
    $100k-200k 154 $22,950,000 $149,026 $2,576 3.65%
    $100,000 or less 61 $4,575,000 $75,000 $1,904 3.36%
    $400k-600k 44 $19,700,000 $447,727 $3,636 3.75%
    $600k-1MM 9 $5,605,000 $622,778 $5,828 3.49%

    2018 saw El Dorado Savings Bank F.s.b. place emphasis on $200k-400k loans with 218 originations, totaling $61,590,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 113 $27,595,000 $244,204 $2,978 3.61%
    $50k-75k 97 $16,825,000 $173,454 $2,553 3.61%
    $150k-250k 96 $29,040,000 $302,500 $3,367 3.60%
    $75k-100k 73 $17,855,000 $244,589 $3,075 3.71%
    $50k or less 64 $8,070,000 $126,094 $2,264 3.81%
    $250k+ 41 $14,745,000 $359,634 $3,303 3.52%

    El Dorado Savings Bank F.s.b. lent most frequently to those with incomes in the $100k-150k range, with 113 originations. The second most popular income band? $50k-75k, with 97 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 160 $37,820,000 $236,375 $2,833 3.65%
    <20% 93 $19,175,000 $206,183 $2,742 3.51%
    30-36% 88 $21,230,000 $241,250 $3,155 3.68%
    50-60% 18 $4,190,000 $232,778 $2,599 3.82%
    39% 13 $3,215,000 $247,308 $2,889 3.46%
    38% 13 $3,115,000 $239,615 $2,800 3.75%
    42% 12 $3,170,000 $264,167 $3,664 3.51%
    40% 11 $2,915,000 $265,000 $3,201 3.80%
    41% 10 $2,750,000 $275,000 $3,066 4.05%
    37% 10 $2,360,000 $236,000 $3,278 3.64%
    36% 10 $2,430,000 $243,000 $2,564 3.53%
    46% 8 $2,870,000 $358,750 $4,195 3.89%
    44% 8 $2,070,000 $258,750 $2,076 3.86%
    45% 8 $2,020,000 $252,500 $3,420 3.64%
    43% 7 $1,495,000 $213,571 $2,326 3.50%
    48% 6 $1,610,000 $268,333 $3,827 3.54%
    49% 4 $870,000 $217,500 $2,483 3.63%
    47% 3 $475,000 $158,333 $2,065 3.58%
    >60% 2 $350,000 $175,000 $2,123 4.00%

    El Dorado Savings Bank F.s.b. lent most frequently to those with DTI ratios of 20-30%, with 160 originations. The next most common DTI ratio? <20%, with 93 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 422 $98,770,000 $234,052 $2,923 3.65%
    Not provided 24 $5,770,000 $240,417 $2,854 3.70%
    Asian 20 $5,030,000 $251,500 $2,496 3.33%
    Native Hawaiian or Islander 3 $1,095,000 $365,000 $5,682 3.17%
    Black 5 $975,000 $195,000 $2,399 3.85%
    Filipino 2 $750,000 $375,000 $4,732 4.25%
    American Indian 5 $675,000 $135,000 $1,882 3.68%
    Other Asian 1 $615,000 $615,000 $2,905 3.13%
    Japanese 1 $335,000 $335,000 $6,234 3.63%
    Not applicable 2 $290,000 $145,000 $2,394 4.50%
    Chinese 1 $115,000 $115,000 $2,829 5.00%

    Approval Rates

    Total approvals of all applications
    87.35%

    El Dorado Savings Bank F.s.b. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    93.21%

    El Dorado Savings Bank F.s.b. has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 486 $114,420,000 $235,432

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 25 $5,485,000 $219,400
    Single Family (1-4 Units):Site-Built 461 $108,935,000 $236,302

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 122 $18,880,000 $154,754 $2,335 3.44%
    40-60% 147 $37,065,000 $252,143 $3,066 3.64%
    60-80% 179 $54,225,000 $302,933 $3,317 3.79%
    80-100% 7 $1,175,000 $167,857 $3,510 3.96%
    Under 20% 31 $3,075,000 $99,194 $2,021 3.62%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    El Dorado Savings Bank, F.S.B. 1036 Al Tahoe Blvd South Lake Tahoe, CA 96150 Full Service B&M $58,866
    El Dorado Savings Bank, F.S.B. 10612 Combie Rd Auburn, CA 95602 Full Service B&M $49,935
    El Dorado Savings Bank, F.S.B. 1227 Oak Ct Arnold, CA 95223 Full Service B&M $66,354
    El Dorado Savings Bank, F.S.B. 135 Main St Jackson, CA 95642 Full Service B&M $59,499
    El Dorado Savings Bank, F.S.B. 1517 Us 395 N Gardnerville, NV 89410 Full Service B&M $42,736
    El Dorado Savings Bank, F.S.B. 1751 E Main St Grass Valley, CA 95945 Full Service B&M $57,499
    El Dorado Savings Bank, F.S.B. 18726 State Highway 49 Plymouth, CA 95669 Full Service B&M $37,111
    El Dorado Savings Bank, F.S.B. 20146 Highway 88 Pine Grove, CA 95665 Full Service B&M $50,867
    El Dorado Savings Bank, F.S.B. 206 E St Charles San Andreas, CA 95249 Full Service B&M $64,165
    El Dorado Savings Bank, F.S.B. 22900 Twain Harte Drive Twain Harte, CA 95383 Full Service B&M $52,588
    El Dorado Savings Bank, F.S.B. 245 Tom Bell Rd Murphys, CA 95247 Full Service B&M $63,891
    El Dorado Savings Bank, F.S.B. 247 Main St. Placerville, CA 95667 Full Service B&M $41,230
    El Dorado Savings Bank, F.S.B. 276 Kingsbury Grade Ste 1000 Stateline, NV 89449 Full Service B&M $26,652
    El Dorado Savings Bank, F.S.B. 2888 Ray Lawyer Dr Placerville, CA 95667 Full Service B&M $71,114
    El Dorado Savings Bank, F.S.B. 300 E Bidwell St Folsom, CA 95630 Full Service B&M $52,385
    El Dorado Savings Bank, F.S.B. 3788 Us Highway 395 S Carson City, NV 89705 Full Service B&M $26,086
    El Dorado Savings Bank, F.S.B. 3963 Park Dr El Dorado Hills, CA 95762 Full Service B&M $87,565
    El Dorado Savings Bank, F.S.B. 400 N Main Street Lone Pine, CA 93545 Full Service B&M $61,350
    El Dorado Savings Bank, F.S.B. 4040 El Dorado Road Placerville, CA 95667 Full Service B&M $124,538
    El Dorado Savings Bank, F.S.B. 4060 Cameron Park Dr Cameron Park, CA 95682 Full Service B&M $81,995
    El Dorado Savings Bank, F.S.B. 460 State Highway 49 Sutter Creek, CA 95685 Full Service B&M $57,475
    El Dorado Savings Bank, F.S.B. 4701 Manzanita Ave Carmichael, CA 95608 Full Service B&M $58,125
    El Dorado Savings Bank, F.S.B. 4768 J Street Sacramento, CA 95819 Full Service B&M $72,649
    El Dorado Savings Bank, F.S.B. 515 N Main St Bishop, CA 93514 Full Service B&M $42,026
    El Dorado Savings Bank, F.S.B. 5235 Vista Blvd Sparks, NV 89436 Full Service B&M $13,400
    El Dorado Savings Bank, F.S.B. 5500 Folsom Blvd Sacramento, CA 95819 Full Service B&M $75,495
    El Dorado Savings Bank, F.S.B. 6310 Hwy 193 Georgetown, CA 95634 Full Service B&M $65,233
    El Dorado Savings Bank, F.S.B. 6462 Pony Express Trl Pollock Pines, CA 95726 Full Service B&M $52,044
    El Dorado Savings Bank, F.S.B. 694 Pleasant Valley Rd Ste 3 Diamond Springs, CA 95619 Full Service B&M $39,170
    El Dorado Savings Bank, F.S.B. 7248 Murieta Drive B2 Rancho Murieta, CA 95683 Full Service B&M $80,482
    El Dorado Savings Bank, F.S.B. 740 North Lake Blvd Tahoe City, CA 96145 Full Service B&M $40,701
    El Dorado Savings Bank, F.S.B. 7895 Lichen Dr Citrus Heights, CA 95621 Full Service B&M $32,073
    El Dorado Savings Bank, F.S.B. 8973 Grant Line Rd Ste 103 Elk Grove, CA 95624 Full Service B&M $25,748
    El Dorado Savings Bank, F.S.B. 9003 Elk Grove Blvd Elk Grove, CA 95624 Full Service B&M $59,332
    El Dorado Savings Bank, F.S.B. 942 Emerald Bay Rd South Lake Tahoe, CA 96150 Full Service B&M $77,045

    For 2018, El Dorado Savings Bank F.s.b. had 35 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $55,635
    Net interest income $52,639
    Total noninterest income $9,280
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $3,446
    Trading account gains and fees $0
    Additional Noninterest Income $5,834
    Pre-tax net operating income $26,122
    Securities gains (or losses, -) $3
    Income before extraordinary items $19,666
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $19,666
    Minority interest net income $0
    Net income $19,666
    Sale, conversion, retirement of capital stock, net $-59
    Net operating income $19,663

    El Dorado Savings Bank F.s.b.'s gross interest income from loans was $55,635,000.
    El Dorado Savings Bank F.s.b.'s net interest income from loans was $52,639,000.
    El Dorado Savings Bank F.s.b.'s fee based income from loans was $3,446,000.
    El Dorado Savings Bank F.s.b.'s net income from loans was $19,666,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $2,996
    Provision for credit losses $0
    Total noninterest expense $35,797
    Salaries and employee benefits $18,803
    Premises and equipment expense $4,004
    Additional noninterest expense $12,990
    Applicable income taxes $6,459
    Net charge-offs $57
    Cash dividends $2,375

    El Dorado Savings Bank F.s.b.'s interest expense for loans was $2,996,000.
    El Dorado Savings Bank F.s.b.'s payroll and benefits expense were $18,803,000.
    El Dorado Savings Bank F.s.b.'s property, plant and equipment expenses $4,004,000.

    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 24.0%
    Nonfarm, nonresidential loans 2.0%
    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 $1,939,261
    Deposits held in domestic offices $1,939,261
    Deposits by Individuals, partnerships, and corporations $1,928,643
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $10,618
    Deposits by Commercial banks and other depository institutions in U.S. $0
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $663,445
    Demand deposits $61,095
    Nontransaction accounts $1,275,816
    Money market deposit accounts (MMDAs) $161,618
    Other savings deposits (excluding MMDAs) $762,423
    Total time deposits $351,775
    Total time and savings deposits $1,878,166
    Noninterest-bearing deposits $61,095
    Interest-bearing deposits $1,878,166
    Retail deposits $1,886,111
    IRAs and Keogh plan accounts $65,335
    Brokered deposits $0
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $2,184,373
    Cash & Balances due from depository institutions $372,265
    Interest-bearing balances $347,394
    Total securities $1,175,739
    Federal funds sold & reverse repurchase $0
    Net loans and leases $581,113
    Loan and leases loss allowance $4,817
    Trading account assets $0
    Bank premises and fixed assets $18,176
    Other real estate owned $0
    Goodwill and other intangibles $326
    All other assets $36,754

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $2,184,373
    Total Liabilities $1,947,098
    Total deposits $1,939,261
    Interest-bearing deposits $1,878,166
    Deposits held in domestic offices $1,939,261
    % insured (estimated) $90
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $0
    Subordinated debt $0
    All other liabilities $7,837

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $581,113
    Loan and leases loss allowance $4,817
    Total loans and leases (domestic) $585,930
    All real estate loans $585,537
    Real estate loans in domestic offices $585,537
    Construction and development loans $235
    Residential 1-4 family construction $0
    Other construction, all land development and other land $235
    Loans secured by nonfarm nonresidential properties $5,829
    Nonfarm nonresidential secured by owner-occupied properties $1,550
    Commercial real estate & other non-farm, non-residential $4,279
    Multifamily residential real estate $89
    1-4 family residential loans $579,384
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $0
    To non-U.S. addressees $0
    Loans to individuals $177
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $0
    Other loans to individuals $177
    All other loans & leases $221
    Loans to foreign governments and official institutions $0
    Other loans $221
    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 $4,610
    Non 1-4 family restructured loans & leases $571
    Total loans and leases (foreign) $0

    El Dorado Savings Bank F.S.B. had $581,113,000 of loans outstanding in 2018. $585,537,000 of loans were in real estate loans. $235,000 of loans were in development loans. $89,000 of loans were in multifamily mortgage loans. $579,384,000 of loans were in 1-4 family mortgage loans. $0 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 50 $5,829 $116,580
    Nonfarm, nonresidential loans - <$100k 18 $1,117 $62,056
    Nonfarm, nonresidential loans - $100-250k 22 $2,088 $94,909
    Nonfarm, nonresidential loans - $250k-1MM 10 $2,624 $262,400