1st Northern California Mortgage Rates, Fees & Info

Martinez, CA

LEI: 549300PUF6BDR1QRB167

Tax ID: 94-1175509

4.7 stars - Updated: 4/5/25 - out of 5 stars, based on 9 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • 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

    1st Northern California is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. 1st Northern California has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Vallejo, Sacramento, and Stockton among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    1st Northern California 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. 1st Northern California 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.

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

    Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.16% 4/5/25
    30 Year Conventional Refi 6.17% 4/5/25
    30 Year Cash-out Refi 6.33% 4/5/25
    15 Year Conventional Purchase 4.91% 4/5/25
    15 Year Conventional Refi 5.38% 4/5/25
    15 Year Cash-out Refi 5.38% 4/5/25
    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.

    1st Northern California Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from 1st Northern California. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

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


    Originations

    75

    Origination Dollar Volume (All Markets)

    $11,485,000

    Awards

    1ST NORTHERN CALIFORNIA 30 Year Conventional Loans gold
    Show all (1) awards

    Relative Rate

    1st Northern California's average 30 year fixed mortgage rate was 6.19%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of -0.36%.

    Relative Fees (Closing Costs)

    1st Northern California's average total fees/closing costs for a 30 year fixed rate mortgage were $9,770.

    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 $8,356.

    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
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 59 $9,685,000 $164,153 $3,260 6.85%
    VALLEJO, CA (FHA|USDA|VA) 10 $830,000 $83,000 $1,739 7.30%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 3 $555,000 $185,000 $4,155 6.42%
    Outside of Metro Areas 2 $310,000 $155,000 $5,692 6.50%
    STOCKTON, CA (FHA|USDA|VA) 1 $105,000 $105,000 $1,982 5.75%
    1st Northern California's top markets include San Francisco, Vallejo, Sacramento, and Stockton among others.

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

    • Similar Lenders

    We use machine learning to identify the top lenders compared against 1ST NORTHERN CALIFORNIA based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    SAN FRANCISCO FEDERAL CREDIT UNION
    Similarity Rank: 176
    PULTE MORTGAGE LLC
    Similarity Rank: 432
    Provident Savings Bank, F.S.B.
    Similarity Rank: 864
    San Mateo Credit Union
    Similarity Rank: 882
    K. HOVNANIAN AMERICAN MORTGAGE, L.L.C.
    Similarity Rank: 1140
    Provident Credit Union
    Similarity Rank: 1175
    MERIWEST MORTGAGE COMPANY, LLC
    Similarity Rank: 1320
    South Pacific Financial Corporation
    Similarity Rank: 1443
    SUMMIT MORTGAGE BANKERS INC.
    Similarity Rank: 1635
    East West Bank
    Similarity Rank: 1782

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 75 $11,485,000 $153,133 $3,141 6.87%

    For 2024, 1st Northern California's most frequently originated type of loan was Conventional, with 75 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Improvement 29 $2,055,000 $70,862 $1,703 7.26%
    Cash Out Refi 18 $3,010,000 $167,222 $2,441 6.50%
    Other 17 $1,675,000 $98,529 $1,928 7.26%
    Home Purchase 9 $4,205,000 $467,222 $11,512 5.94%
    Refi 2 $540,000 $270,000 $2,918 5.31%

    For 2024, 1st Northern California's most frequently cited loan purpose was Home Improvement, with 29 originations. The 2nd most popular reason was Cash Out Refi, with 18 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    15 Year 31 $3,505,000 $113,065 $2,110 7.34%
    10 Year 28 $2,330,000 $83,214 $1,785 6.87%
    30 Year 11 $4,705,000 $427,727 $9,770 6.19%
    Other 4 $740,000 $185,000 $2,555 5.18%
    20 Year 1 $205,000 $205,000 $2,468 6.38%

    For 2024, 1st Northern California's most frequently cited loan duration was 15 Year, with 31 originations. The 2nd most popular length was 10 Year, with 28 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 59 $4,805,000 $81,441
    $1k-2k 6 $1,600,000 $266,667
    $3k-4k 4 $2,140,000 $535,000
    $2k-3k 3 $1,525,000 $508,333
    $5k+ 1 $845,000 $845,000

    1st Northern California's average total fees were $9,770, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 59 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 33 $5,035,000 $152,576
    7-8% 29 $2,655,000 $91,552
    5-6% 11 $3,095,000 $281,364
    4-5% 2 $700,000 $350,000

    During 2024, 1st Northern California's average interest rate for loans was 6.19%, while their most frequently originated rate bucket for loans was 6-7%, with 33 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 40 $2,210,000 $55,250 $1,649 7.14%
    $100k-200k 20 $2,660,000 $133,000 $2,451 6.94%
    $200k-400k 6 $1,600,000 $266,667 $3,646 6.00%
    $400k-600k 6 $2,950,000 $491,667 $11,266 6.10%
    $600k-1MM 3 $2,065,000 $688,333 $10,361 6.04%

    2024 saw 1st Northern California place emphasis on $100,000 or less loans with 40 originations, totaling $2,210,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 27 $5,205,000 $192,778 $4,297 6.94%
    $150k-250k 21 $4,395,000 $209,286 $3,155 6.67%
    $100k-150k 12 $1,070,000 $89,167 $1,749 7.10%
    $75k-100k 7 $455,000 $65,000 $1,850 6.71%
    $50k-75k 5 $155,000 $31,000 $1,411 7.05%
    $50k or less 3 $205,000 $68,333 $4,087 6.71%

    1st Northern California lent most frequently to those with incomes in the $250k+ range, with 27 originations. The second most popular income band? $150k-250k, with 21 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 21 $2,605,000 $124,048 $2,267 6.80%
    30-36% 18 $2,550,000 $141,667 $2,670 6.94%
    <20% 8 $1,420,000 $177,500 $6,707 6.48%
    42% 6 $360,000 $60,000 $1,650 7.17%
    41% 4 $390,000 $97,500 $1,884 7.50%
    36% 4 $1,550,000 $387,500 $6,239 6.53%
    43% 3 $155,000 $51,667 $1,375 7.17%
    40% 3 $315,000 $105,000 $1,767 6.96%
    37% 3 $545,000 $181,667 $2,463 7.50%
    39% 2 $160,000 $80,000 $5,398 7.06%
    38% 1 $355,000 $355,000 $3,439 5.24%
    44% 1 $465,000 $465,000 $5,010 6.13%
    >60% 1 $615,000 $615,000 $7,773 6.00%

    1st Northern California lent most frequently to those with DTI ratios of 20-30%, with 21 originations. The next most common DTI ratio? 30-36%, with 18 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 39 $5,205,000 $133,462 $2,510 6.95%
    Not provided 27 $4,715,000 $174,630 $4,269 6.79%
    Black 4 $790,000 $197,500 $2,653 7.03%
    Asian 5 $775,000 $155,000 $2,357 6.47%

    Approval Rates

    Total approvals of all applications
    74.71%

    1st Northern California has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    86.67%

    1st Northern California has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 75 $11,485,000 $153,133

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    75 $11,485,000 $153,133

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 7 $1,505,000 $215,000 $3,127 6.32%
    40-60% 7 $2,585,000 $369,286 $6,126 5.75%
    60-80% 1 $585,000 $585,000 $37,566 6.25%
    80-100% 3 $1,915,000 $638,333 $9,717 6.04%
    Under 20% 57 $4,895,000 $85,877 $1,825 7.13%