River City Bank Mortgage Rates, Fees & Info

Sacramento, CA

LEI: 549300TGUS6Y1N77GV58

Tax ID: 94-1562490

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
  • Complaints
  • 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

    River City Bank is a smaller bank specializing in Refi loans. River City Bank has a high proportion of conventional loans. Their top markets by origination volume include: San Jose, Sacramento, Vallejo, Santa Rosa, and San Francisco among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    River City 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.

    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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    Originations

    42

    Origination Dollar Volume (All Markets)

    $43,230,000

    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
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 3 $21,195,000 $7,065,000 $0 0.00%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 36 $15,740,000 $437,222 $0 0.00%
    VALLEJO, CA (FHA|USDA|VA) 1 $5,205,000 $5,205,000 $0 0.00%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $635,000 $635,000 $0 0.00%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $455,000 $455,000 $0 0.00%
    River City Bank's top markets include San Jose, Sacramento, Vallejo, Santa Rosa, and San Francisco among others.

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

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 42 $43,230,000 $1,029,286 $0 0.00%

    For 2018, River City Bank's most frequently originated type of loan was Conventional, with 42 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 24 $35,350,000 $1,472,917 $0 0.00%
    Home Purchase 14 $7,100,000 $507,143 $0 0.00%
    Home Improvement 2 $160,000 $80,000 $0 0.00%
    Other 2 $620,000 $310,000 $0 0.00%

    For 2018, River City Bank's most frequently cited loan purpose was Refi, with 24 originations. The 2nd most popular reason was Home Purchase, with 14 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 42 $43,230,000 $1,029,286 $0 0.00%

    For 2018, River City Bank's most frequently cited loan duration was Other, with 42 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 11 $5,645,000 $513,182 $0 0.00%
    $200k-400k 10 $2,940,000 $294,000 $0 0.00%
    $1MM+ 7 $30,405,000 $4,343,571 $0 0.00%
    $100,000 or less 5 $375,000 $75,000 $0 0.00%
    $600k-1MM 5 $3,405,000 $681,000 $0 0.00%
    $100k-200k 4 $460,000 $115,000 $0 0.00%

    2018 saw River City Bank place emphasis on $400k-600k loans with 11 originations, totaling $5,645,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 13 $8,775,000 $675,000 $0 0.00%
    $150k-250k 8 $3,900,000 $487,500 $0 0.00%
    $100k-150k 7 $1,945,000 $277,857 $0 0.00%
    $50k-75k 4 $410,000 $102,500 $0 0.00%
    $75k-100k 4 $1,180,000 $295,000 $0 0.00%

    River City Bank lent most frequently to those with incomes in the $250k+ range, with 13 originations. The second most popular income band? $150k-250k, with 8 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    Exempt% 42 $43,230,000 $1,029,286 $0 0.00%

    River City Bank lent most frequently to those with DTI ratios of Exempt%, with 42 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 3 $24,715,000 $8,238,333 $0 0.00%
    White 26 $13,500,000 $519,231 $0 0.00%
    Not provided 8 $2,940,000 $367,500 $0 0.00%
    Asian 3 $1,295,000 $431,667 $0 0.00%
    American Indian 1 $515,000 $515,000 $0 0.00%
    Vietnamese 1 $265,000 $265,000 $0 0.00%

    Approval Rates

    Total approvals of all applications
    84.93%

    River City Bank has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    83.33%

    River City Bank has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    Exempt 42 $43,230,000 $1,029,286

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Manufactured 1 $12,005,000 $12,005,000
    Multifamily:Site-Built 3 $14,395,000 $4,798,333
    Single Family (1-4 Units):Site-Built 38 $16,830,000 $442,895

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Reverse Mortgages.com, Inc. Reverse mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%