Tri Counties Bank Mortgage Rates, Fees & Info
Chico, CALEI: 549300W0YBCUV18HSR42
Tax ID: 94-2261923
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Mortgage Data
Review & Overview
Tri Counties Bank is a smaller bank specializing in Home Purchase loans. Tri Counties Bank has a high proportion of conventional loans. Their top markets by origination volume include: San Francisco, Chico, Bakersfield, Redding, and Sacramento among others. We have data for 37 markets. (Some data included below & more in-depth data is available with an active subscription.)Tri Counties 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. Tri Counties 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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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.72% | 4/5/25 |
| 30 Year Conventional Purchase | 6.29% | 4/5/25 |
| 30 Year Conventional Refi | 6.60% | 4/5/25 |
| 30 Year Cash-out Refi | 6.96% | 4/5/25 |
| 30 Year FHA Purchase | 6.72% | 4/5/25 |
| 30 Year VA Refi | 6.72% | 4/5/25 |
| 30 Year USDA Purchase | 6.72% | 4/5/25 |
| 15 Year Conventional Purchase | 6.35% | 4/5/25 |
| 15 Year Conventional Refi | 6.13% | 4/5/25 |
| 15 Year Cash-out Refi | 6.13% | 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. | ||
Tri Counties Bank Mortgage Calculator
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This is not an official calculator from Tri Counties Bank. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,039Origination Dollar Volume (All Markets)
$365,125,000Awards
Tri Counties Bank - 2024
Tri Counties Bank is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Tri Counties Bank's average 30 year fixed mortgage rate was
6.34%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of -0.21%.
Relative Fees (Closing Costs)
Tri Counties Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,718.
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) | 66 | $58,840,000 | $891,515 | $5,564 | 8.46% |
| CHICO, CA (FHA|USDA|VA) | 160 | $49,830,000 | $311,438 | $4,068 | 8.37% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 57 | $45,215,000 | $793,246 | $5,060 | 7.47% |
| REDDING, CA (FHA|USDA|VA) | 150 | $32,950,000 | $219,667 | $3,731 | 8.89% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 127 | $32,535,000 | $256,181 | $4,964 | 8.74% |
| VISALIA, CA (FHA|USDA|VA) | 15 | $14,435,000 | $962,333 | $5,346 | 8.42% |
| Outside of Metro Areas | 112 | $13,540,000 | $120,893 | $3,953 | 8.50% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 3 | $12,815,000 | $4,271,667 | $0 | 9.42% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 50 | $9,710,000 | $194,200 | $4,740 | 9.01% |
| SALINAS, CA (FHA|USDA|VA) | 3 | $9,545,000 | $3,181,667 | $7,118 | 6.91% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 14 | $9,340,000 | $667,143 | $4,386 | 7.21% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 8 | $8,000,000 | $1,000,000 | $3,912 | 7.59% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 14 | $7,820,000 | $558,571 | $4,776 | 8.19% |
| FRESNO, CA (FHA|USDA|VA) | 30 | $7,050,000 | $235,000 | $5,262 | 6.20% |
| YUBA CITY, CA (FHA|USDA|VA) | 36 | $6,810,000 | $189,167 | $5,080 | 9.28% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 4 | $6,120,000 | $1,530,000 | $12,747 | 8.25% |
| MODESTO, CA (FHA|USDA|VA) | 37 | $5,635,000 | $152,297 | $5,096 | 5.72% |
| EL CENTRO, CA (FHA|USDA|VA) | 2 | $4,530,000 | $2,265,000 | $0 | 8.00% |
| Red Bluff, CA (FHA|USDA|VA) | 27 | $4,395,000 | $162,778 | $3,615 | 8.25% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 24 | $4,020,000 | $167,500 | $5,412 | 7.91% |
| VALLEJO, CA (FHA|USDA|VA) | 9 | $3,415,000 | $379,444 | $7,098 | 7.51% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 4 | $3,200,000 | $800,000 | $0 | 7.91% |
| MADERA, CA (FHA|USDA|VA) | 18 | $2,990,000 | $166,111 | $3,991 | 8.19% |
| Crescent City, CA (FHA|USDA|VA) | 18 | $1,910,000 | $106,111 | $4,045 | 9.44% |
| Ukiah, CA (FHA|USDA|VA) | 6 | $1,550,000 | $258,333 | $5,981 | 7.27% |
| MERCED, CA (FHA|USDA|VA) | 11 | $1,295,000 | $117,727 | $7,372 | 7.35% |
| STOCKTON, CA (FHA|USDA|VA) | 6 | $1,040,000 | $173,333 | $2,912 | 9.44% |
| NAPA, CA (FHA|USDA|VA) | 1 | $915,000 | $915,000 | $0 | 9.00% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 7 | $815,000 | $116,429 | $5,792 | 4.07% |
| Clearlake, CA (FHA|USDA|VA) | 7 | $805,000 | $115,000 | $3,920 | 7.93% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $755,000 | $755,000 | $0 | 9.38% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $0 | 8.75% |
| Susanville, CA (FHA|USDA|VA) | 5 | $705,000 | $141,000 | $3,752 | 8.08% |
| RENO, NV (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $0 | 6.20% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $0 | 7.50% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $4,380 | 7.13% |
| Sonora, CA (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $3,860 | 2.94% |
Similar Lenders
We use machine learning to identify the top lenders compared against Tri Counties Bank based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| HELOC | 654 | $116,330,000 | $177,875 | n/a | 9.73% |
| Conventional | 385 | $248,795,000 | $646,221 | $4,710 | 5.80% |
For 2024, Tri Counties Bank's most frequently originated type of loan was HELOC, with 654 originations. Their 2nd most popular type was Conventional, with 385 originations.
Loan Reason
For 2024, Tri Counties Bank's most frequently cited loan purpose was Other, with 361 originations. The 2nd most popular reason was Home Purchase, with 290 originations.
Loan Duration/Length
For 2024, Tri Counties Bank's most frequently cited loan duration was 30+ year, with 643 originations. The 2nd most popular length was 30 Year, with 293 originations.
Origination Fees/Closing Costs
Tri Counties Bank's average total fees were $4,718, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 180 originations.
Interest Rates
During 2024, Tri Counties Bank's average interest rate for loans was 6.34%, while their most frequently originated rate bucket for loans was Over 8%, with 663 originations.
Loan Sizing
2024 saw Tri Counties Bank place emphasis on $100k-200k loans with 352 originations, totaling $44,980,000 in origination value.
Applicant Income
Tri Counties Bank lent most frequently to those with incomes in the $100k-150k range, with 195 originations. The second most popular income band? $50k-75k, with 186 originations.
Applicant Debt to Income Ratio
Tri Counties Bank lent most frequently to those with DTI ratios of 20-30%, with 176 originations. The next most common DTI ratio? 30-36%, with 140 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications72.14%
Tri Counties Bank has a below average approval rate.
Pick Rate
Approvals leading to origination77.19%
Tri Counties Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,039 | $365,125,000 | $351,420 |