River City Bank Mortgage Rates, Fees & Info
Sacramento, CALEI: 549300TGUS6Y1N77GV58
Tax ID: 94-1562490
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
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: Sacramento, Phoenix, Modesto, San Francisco, and Los Angeles among others. We have data for 12 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.
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.
Originations
78Origination Dollar Volume (All Markets)
$107,530,000Top 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) | 61 | $43,435,000 | $712,049 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $29,005,000 | $29,005,000 | $0 | 0.00% |
| MODESTO, CA (FHA|USDA|VA) | 2 | $14,510,000 | $7,255,000 | $0 | 0.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 6 | $8,520,000 | $1,420,000 | $0 | 0.00% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $6,005,000 | $6,005,000 | $0 | 0.00% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $1,895,000 | $1,895,000 | $0 | 0.00% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $1,175,000 | $1,175,000 | $0 | 0.00% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $0 | 0.00% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 0.00% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $655,000 | $655,000 | $0 | 0.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 0.00% |
| Outside of Metro Areas | 1 | $355,000 | $355,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 78 | $107,530,000 | $1,378,590 | $0 | 0.00% |
For 2019, River City Bank's most frequently originated type of loan was Conventional, with 78 originations.
Loan Reason
For 2019, River City Bank's most frequently cited loan purpose was Refi, with 59 originations. The 2nd most popular reason was Home Purchase, with 13 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 78 | $107,530,000 | $1,378,590 | $0 | 0.00% |
For 2019, River City Bank's most frequently cited loan duration was Other, with 78 originations.
Loan Sizing
2019 saw River City Bank place emphasis on $200k-400k loans with 21 originations, totaling $5,895,000 in origination value.
Applicant Income
River City Bank lent most frequently to those with incomes in the $250k+ range, with 32 originations. The second most popular income band? $75k-100k, with 10 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 78 | $107,530,000 | $1,378,590 | $0 | 0.00% |
River City Bank lent most frequently to those with DTI ratios of Exempt%, with 78 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.47%
River City Bank has a below average approval rate.
Pick Rate
Approvals leading to origination88.46%
River City Bank has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 78 | $107,530,000 | $1,378,590 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 12 | $75,070,000 | $6,255,833 |
| Single Family (1-4 Units):Site-Built | 66 | $32,460,000 | $491,818 |
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| REVERSE MORTGAGE INVESTMENT TR | Conventional home mortgage | Struggling to pay mortgage | 3 | 9.7% |
| REVERSE MORTGAGE INVESTMENT TR | Other type of mortgage | Struggling to pay mortgage | 1 | 3.2% |
| REVERSE MORTGAGE INVESTMENT TR | Reverse mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 3.2% |
| REVERSE MORTGAGE INVESTMENT TR | Reverse mortgage | Closing on a mortgage | 4 | 12.9% |
| REVERSE MORTGAGE INVESTMENT TR | Reverse mortgage | Struggling to pay mortgage | 8 | 25.8% |
| REVERSE MORTGAGE INVESTMENT TR | Reverse mortgage | Trouble during payment process | 14 | 45.2% |