Riverview Bank Mortgage Rates, Fees & Info

Marysville, PA

LEI: 549300MHRZRWDY7LRR86

Tax ID: 23-0581420

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

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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)

    • Review & Overview

    Riverview Bank is a smaller bank specializing in Refi and Home Purchase loans. Riverview Bank has a high proportion of conventional loans. Their top markets by origination volume include: Pottsville, Harrisburg, Philadelphia, Pittsburgh, and Reading among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Riverview Bank 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. Riverview Bank 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.

    Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

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    Originations

    204

    Origination Dollar Volume (All Markets)

    $43,390,000

    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
    Pottsville, PA (FHA|USDA|VA) 55 $9,625,000 $175,000 $1,919 3.39%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 45 $9,345,000 $207,667 $1,863 3.46%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 9 $6,585,000 $731,667 $3,358 3.34%
    PITTSBURGH, PA (FHA|USDA|VA) 5 $3,735,000 $747,000 $7,424 3.60%
    READING, PA (FHA|USDA|VA) 15 $3,475,000 $231,667 $1,948 3.63%
    DuBois, PA (FHA|USDA|VA) 29 $2,635,000 $90,862 $1,595 3.62%
    Somerset, PA (FHA|USDA|VA) 3 $1,085,000 $361,667 $2,107 3.04%
    Lewisburg, PA (FHA|USDA|VA) 2 $1,080,000 $540,000 $0 4.15%
    STATE COLLEGE, PA (FHA|USDA|VA) 8 $950,000 $118,750 $501 3.27%
    Huntingdon, PA (FHA|USDA|VA) 10 $830,000 $83,000 $859 3.65%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $650,000 $325,000 $6,238 3.06%
    ALTOONA, PA (FHA|USDA|VA) 5 $575,000 $115,000 $1,476 3.37%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $545,000 $545,000 $4,351 2.50%
    YORK-HANOVER, PA (FHA|USDA|VA) 2 $500,000 $250,000 $4,455 3.38%
    Outside of Metro Areas 3 $355,000 $118,333 $2,539 3.17%
    LANCASTER, PA (FHA|USDA|VA) 2 $320,000 $160,000 $0 3.81%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $305,000 $305,000 $5,383 2.38%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $300,000 $150,000 $1,923 4.10%
    WILLIAMSPORT, PA (FHA|USDA|VA) 3 $215,000 $71,667 $997 3.41%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,663 2.75%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,924 2.50%
    Riverview Bank's top markets include Pottsville, Harrisburg, Philadelphia, Pittsburgh, and Reading among others.

    Their top states include:
  • Pennsylvania (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Riverview Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Jersey Shore State Bank
    Similarity Rank: 58
    First Citizens Community Bank
    Similarity Rank: 135
    ACNB Bank
    Similarity Rank: 300
    Sail Mortgage Corp.
    Similarity Rank: 360
    Farmers and Merchants Trust Company of Chambersburg
    Similarity Rank: 396
    CNB Bank
    Similarity Rank: 405
    Riverview Bank
    Similarity Rank: 420
    Integrity Home Mortgage Corp
    Similarity Rank: 488
    PEOPLESBANK, A CODORUS VALLEY COMPANY
    Similarity Rank: 1455
    AMERICAN FEDERAL MORTGAGE CORPORATION
    Similarity Rank: 1605

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 204 $43,390,000 $212,696 $1,894 3.46%

    For 2021, Riverview Bank's most frequently originated type of loan was Conventional, with 204 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 88 $20,400,000 $231,818 $1,509 3.35%
    Home Purchase 62 $15,110,000 $243,710 $3,447 3.66%
    Home Improvement 24 $2,190,000 $91,250 $112 3.53%
    Cash Out Refi 20 $4,880,000 $244,000 $3,133 3.22%
    Other 10 $810,000 $81,000 $216 3.44%

    For 2021, Riverview Bank's most frequently cited loan purpose was Refi, with 88 originations. The 2nd most popular reason was Home Purchase, with 62 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 67 $9,235,000 $137,836 $1,150 3.28%
    30 Year 53 $10,795,000 $203,679 $3,986 3.39%
    Other 38 $6,620,000 $174,211 $171 3.41%
    20 Year 19 $7,815,000 $411,316 $2,367 3.75%
    10 Year 17 $6,645,000 $390,882 $145 3.82%
    5 Year 5 $1,605,000 $321,000 $0 4.03%
    1 Year 5 $675,000 $135,000 $0 4.05%

    For 2021, Riverview Bank's most frequently cited loan duration was 15 Year, with 67 originations. The 2nd most popular length was 30 Year, with 53 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 135 $18,375,000 $136,111
    $1k-2k 9 $1,025,000 $113,889
    $4k-5k 3 $875,000 $291,667
    $2k-3k 2 $280,000 $140,000
    $3k-4k 2 $530,000 $265,000
    $5k+ 2 $700,000 $350,000

    Riverview Bank's average total fees were $3,986, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 135 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 92 $19,290,000 $209,674
    2.5-3% 50 $12,610,000 $252,200
    4-5% 36 $5,780,000 $160,556
    <2.5% 21 $5,225,000 $248,810
    5-6% 3 $275,000 $91,667
    6-7% 1 $55,000 $55,000

    During 2021, Riverview Bank's average interest rate for loans was 3.39%, while their most frequently originated rate bucket for loans was 3-4%, with 92 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 88 $4,790,000 $54,432 $874 3.62%
    $100k-200k 54 $7,780,000 $144,074 $2,247 3.30%
    $200k-400k 41 $11,085,000 $270,366 $3,353 3.40%
    $400k-600k 10 $4,730,000 $473,000 $4,188 2.79%
    $600k-1MM 6 $4,260,000 $710,000 $0 3.92%
    $1MM+ 5 $10,745,000 $2,149,000 $0 3.54%

    2021 saw Riverview Bank place emphasis on $100,000 or less loans with 88 originations, totaling $4,790,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 35 $4,995,000 $142,714 $1,412 3.28%
    $50k-75k 32 $2,790,000 $87,188 $1,413 3.18%
    $50k or less 29 $2,365,000 $81,552 $1,750 3.65%
    $150k-250k 24 $4,750,000 $197,917 $2,575 3.52%
    $75k-100k 24 $2,880,000 $120,000 $1,944 3.38%
    $250k+ 13 $3,455,000 $265,769 $3,684 3.33%

    Riverview Bank lent most frequently to those with incomes in the $100k-150k range, with 35 originations. The second most popular income band? $50k-75k, with 32 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 52 $7,750,000 $149,038 $1,828 3.30%
    <20% 42 $6,200,000 $147,619 $1,863 3.07%
    30-36% 22 $2,700,000 $122,727 $2,061 3.42%
    42% 8 $1,260,000 $157,500 $1,912 3.74%
    38% 7 $535,000 $76,429 $1,317 3.17%
    40% 5 $455,000 $91,000 $3,061 3.75%
    41% 4 $590,000 $147,500 $1,244 2.81%
    36% 4 $310,000 $77,500 $1,274 3.76%
    37% 3 $325,000 $108,333 $1,061 2.99%
    43% 2 $580,000 $290,000 $3,712 2.94%
    44% 2 $150,000 $75,000 $1,699 2.87%
    39% 2 $270,000 $135,000 $3,287 4.16%
    50-60% 2 $310,000 $155,000 $816 4.75%
    >60% 2 $280,000 $140,000 $2,356 4.91%
    45% 1 $545,000 $545,000 $4,351 2.50%
    48% 1 $185,000 $185,000 $0 2.38%

    Riverview Bank lent most frequently to those with DTI ratios of 20-30%, with 52 originations. The next most common DTI ratio? <20%, with 42 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 161 $22,425,000 $139,286 $1,846 3.35%
    Not applicable 34 $17,880,000 $525,882 $0 3.92%
    Not provided 6 $2,340,000 $390,000 $1,450 3.72%
    Asian 2 $650,000 $325,000 $7,020 3.13%
    Black 1 $95,000 $95,000 $0 3.24%

    Approval Rates

    Total approvals of all applications
    79.74%

    Riverview Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    84.31%

    Riverview Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 204 $43,390,000 $212,696

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    204 $43,390,000 $212,696

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 31 $2,175,000 $70,161 $750 3.26%
    40-60% 38 $7,350,000 $193,421 $1,780 3.19%
    60-80% 79 $26,585,000 $336,519 $2,731 3.59%
    80-100% 37 $6,645,000 $179,595 $3,203 3.60%
    Over 100% 1 $95,000 $95,000 $816 4.87%
    Under 20% 18 $540,000 $30,000 $196 3.35%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Riverview Bank 100 Hollywood Blvd Orwigsburg, PA 17961 Full Service B&M $54,711
    Riverview Bank 101 High Street Williamsburg, PA 16693 Full Service B&M $37,903
    Riverview Bank 11 North Second Street Clearfield, PA 16830 Full Service B&M $56,181
    Riverview Bank 1120 S Cedar Crest Blvd Allentown, PA 18103 Full Service B&M $11,160
    Riverview Bank 1460 Washington Blvd Williamsport, PA 17701 Full Service B&M $26,698
    Riverview Bank 16 West Shirley Street Mount Union, PA 17066 Full Service B&M $23,508
    Riverview Bank 19 Irwin Drive Extension Philipsburg, PA 16866 Full Service B&M $40,554
    Riverview Bank 200 Front Street Marysville, PA 17053 Full Service B&M $0
    Riverview Bank 204 Bridge Street Clearfield, PA 16830 Full Service B&M $74,787
    Riverview Bank 2287 Curryville Road, P.O. Box 270 Martinsburg, PA 16662 Full Service B&M $29,338
    Riverview Bank 2638 Woodglen Road Pottsville, PA 17901 Limited, Trust Office $0
    Riverview Bank 2800 State Hill Road Reading, PA 19610 Full Service B&M $25,015
    Riverview Bank 311 South Market Street Millersburg, PA 17061 Full Service B&M $26,966
    Riverview Bank 34 South Market Street Elizabethville, PA 17023 Full Service B&M $41,536
    Riverview Bank 407 Walnut Street Curwensville, PA 16833 Full Service B&M $44,110
    Riverview Bank 4930 North Fifth Street Hwy Temple, PA 19560 Full Service B&M $22,034
    Riverview Bank 500 South State Road Marysville, PA 17053 Full Service B&M $128,888
    Riverview Bank 511 Pine Grove Road State College, PA 16801 Full Service B&M $24,398
    Riverview Bank 55 South Main St Duncannon, PA 17020 Full Service B&M $42,983
    Riverview Bank 57 S. Sillyman Street Cressona, PA 17929 Full Service B&M $46,359
    Riverview Bank 91 Beaver Drive Du Bois, PA 15801 Full Service B&M $55,975
    Riverview Bank 9585 William Penn Hwy Huntingdon, PA 16652 Full Service B&M $62,428
    Riverview Bank Pottsville Park Plaza Pottsville, PA 17901 Full Service B&M $48,309
    Riverview Bank Third And Market Streets Halifax, PA 17032 Full Service B&M $58,189
    Riverview Bank West Market And 22nd Streets Pottsville, PA 17901 Full Service B&M $72,521

    For 2021, Riverview Bank had 25 branches.

    Yearly Performance Overview