Provident Savings Bank F.s.b. Mortgage Rates, Fees & InfoRiverside, CA
Tax ID: 95-1897077
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewProvident Savings Bank F.s.b. is a smaller bank specializing in Home Purchase and Refi loans. Provident Savings Bank F.s.b. has a high proportion of conventional loans. Their top markets by origination volume include: Los Angeles, Riverside, San Francisco, Sacramento, and Stockton among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)
Provident Savings Bank F.s.b. 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. Provident Savings Bank F.s.b. 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.
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|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.16%||9/25/23|
|30 Year Conventional Refi||6.11%||9/25/23|
|30 Year Cash-out Refi||6.15%||9/25/23|
|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.|
Provident Savings Bank F.s.b. Mortgage Calculator
Your EstimatesEstimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Provident Savings Bank F.s.b.. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$309,905,000
Provident Savings Bank F.S.B. - 2022
Provident Savings Bank F.S.B. is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Provident Savings Bank F.s.b.'s average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of -0.34%.
Relative Fees (Closing Costs)
Provident Savings Bank F.s.b.'s average total fees/closing costs for a 30 year fixed rate
mortgage were $7,792.
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 $4,750.
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|
|Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)||120||$100,700,000||$839,167||$9,554||4.49%|
|RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)||106||$63,510,000||$599,151||$8,333||4.36%|
|San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA)||54||$50,080,000||$927,407||$7,032||4.47%|
|SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA)||40||$24,500,000||$612,500||$5,598||4.42%|
|STOCKTON, CA (FHA|USDA|VA)||17||$14,445,000||$849,706||$6,247||3.67%|
|SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA)||13||$12,555,000||$965,769||$4,223||4.05%|
|SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA)||16||$12,050,000||$753,125||$11,681||4.67%|
|BAKERSFIELD, CA (FHA|USDA|VA)||7||$5,585,000||$797,857||$9,946||4.26%|
|SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA)||5||$4,625,000||$925,000||$4,183||4.72%|
|VALLEJO, CA (FHA|USDA|VA)||6||$4,380,000||$730,000||$7,410||4.61%|
|SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA)||5||$4,175,000||$835,000||$6,859||4.81%|
|FRESNO, CA (FHA|USDA|VA)||5||$3,235,000||$647,000||$4,770||4.43%|
|OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA)||3||$2,075,000||$691,667||$9,001||5.21%|
|SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA)||3||$1,585,000||$528,333||$12,432||4.22%|
|NAPA, CA (FHA|USDA|VA)||1||$1,385,000||$1,385,000||$0||5.95%|
|Outside of Metro Areas||3||$1,365,000||$455,000||$4,136||4.46%|
|CHICO, CA (FHA|USDA|VA)||2||$1,360,000||$680,000||$3,850||5.20%|
|Truckee-Grass Valley, CA (FHA|USDA|VA)||2||$980,000||$490,000||$6,305||4.81%|
|Clearlake, CA (FHA|USDA|VA)||1||$555,000||$555,000||$0||5.10%|
|MERCED, CA (FHA|USDA|VA)||1||$425,000||$425,000||$4,870||6.13%|
|MODESTO, CA (FHA|USDA|VA)||1||$335,000||$335,000||$8,528||5.25%|
We use machine learning to identify the top lenders compared against Provident Savings Bank F.S.B. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Provident Savings Bank F.s.b.'s most frequently originated type of loan was Conventional, with 411 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||72||$51,420,000||$714,167||$5,972||4.30%|
For 2022, Provident Savings Bank F.s.b.'s most frequently cited loan purpose was Home Purchase, with 241 originations. The 2nd most popular reason was Refi, with 98 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Provident Savings Bank F.s.b.'s most frequently cited loan duration was 30 Year, with 401 originations. The 2nd most popular length was 10 Year, with 5 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Provident Savings Bank F.s.b.'s average total fees were $7,792, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 113 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2022, Provident Savings Bank F.s.b.'s average interest rate for loans was 4.42%, while their most frequently originated rate bucket for loans was 4-5%, with 181 originations.
2022 saw Provident Savings Bank F.s.b. place emphasis on $600k-1MM loans with 228 originations, totaling $182,890,000 in origination value.
Provident Savings Bank F.s.b. lent most frequently to those with incomes in the $150k-250k range, with 127 originations. The second most popular income band? $250k+, with 118 originations.
Applicant Debt to Income Ratio
Provident Savings Bank F.s.b. lent most frequently to those with DTI ratios of 42%, with 63 originations. The next most common DTI ratio? 30-36%, with 56 originations.
Approval RatesTotal approvals of all applications
Provident Savings Bank F.s.b. has a below average approval rate.
Pick RateApprovals leading to origination
Provident Savings Bank F.s.b. has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|