Residential Bancorp. Mortgage Rates, Fees & Info

CANTON, OH

LEI: 549300XCVBRR56D08F03

Tax ID: 34-1633105

2.9 stars - out of 5 stars, based on 72 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Residential Bancorp. is a small mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Residential Bancorp. has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Las Vegas, Los Angeles, Riverside, Bakersfield, and Phoenix among others. We have data for 319 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Residential Bancorp. has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Residential Bancorp. is typically a high 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 7.02% 12/4/22
    30 Year Conventional Refi 6.81% 12/4/22
    30 Year Cash-out Refi 7.00% 12/4/22
    30 Year FHA Purchase 7.99% 12/4/22
    30 Year FHA Refi 7.35% 12/4/22
    30 Year VA Purchase 6.86% 12/4/22
    30 Year VA Refi 6.37% 12/4/22
    30 Year USDA Purchase 7.56% 12/4/22
    30 Year USDA Refi 7.27% 12/4/22
    15 Year Conventional Purchase 6.25% 12/4/22
    15 Year Conventional Refi 6.02% 12/4/22
    15 Year Cash-out Refi 6.02% 12/4/22
    15 Year FHA Purchase 7.66% 12/4/22
    15 Year FHA Refi 6.86% 12/4/22
    15 Year VA Refi 6.15% 12/4/22
    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.


    Originations

    5,229

    Origination Dollar Volume (All Markets)

    $1,449,185,000
    Show all (13) awards

    Relative Rate

    Residential Bancorp.'s average 30 year fixed mortgage rate was 3.1%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.05%.

    Relative Fees (Closing Costs)

    Residential Bancorp.'s average total fees/closing costs for a 30 year fixed rate mortgage were $6,971.

    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.

    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
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 773 $204,245,000 $264,224 $7,593 2.97%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 405 $181,135,000 $447,247 $8,007 3.05%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 450 $146,290,000 $325,089 $8,440 3.01%
    BAKERSFIELD, CA (FHA|USDA|VA) 291 $83,305,000 $286,271 $8,663 2.88%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 251 $61,925,000 $246,713 $5,838 3.18%
    VISALIA, CA (FHA|USDA|VA) 191 $45,105,000 $236,152 $7,122 3.13%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 108 $35,590,000 $329,537 $8,758 2.66%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 84 $35,090,000 $417,738 $7,719 3.05%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 111 $33,455,000 $301,396 $4,366 2.83%
    TUCSON, AZ (FHA|USDA|VA) 125 $30,025,000 $240,200 $7,181 3.25%
    FRESNO, CA (FHA|USDA|VA) 119 $29,155,000 $245,000 $7,436 2.83%
    MERCED, CA (FHA|USDA|VA) 83 $24,105,000 $290,422 $8,232 3.27%
    ANCHORAGE, AK (FHA|USDA|VA) 69 $20,705,000 $300,072 $7,622 3.16%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 56 $18,080,000 $322,857 $4,994 2.96%
    Outside of Metro Areas 77 $17,665,000 $229,416 $4,808 2.90%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 41 $17,145,000 $418,171 $5,741 2.85%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 68 $16,990,000 $249,853 $5,743 2.91%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 66 $13,680,000 $207,273 $3,844 2.79%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 53 $13,655,000 $257,642 $6,580 2.96%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 52 $13,100,000 $251,923 $5,828 2.83%
    RENO, NV (FHA|USDA|VA) 42 $13,010,000 $309,762 $9,337 3.10%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 51 $12,505,000 $245,196 $5,105 2.95%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 57 $11,495,000 $201,667 $3,530 2.86%
    MODESTO, CA (FHA|USDA|VA) 37 $11,425,000 $308,784 $9,159 3.18%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 69 $10,805,000 $156,594 $4,677 3.17%
    YUMA, AZ (FHA|USDA|VA) 64 $10,680,000 $166,875 $8,012 3.25%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 51 $10,535,000 $206,569 $8,969 2.68%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 40 $9,540,000 $238,500 $6,761 3.01%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 21 $9,315,000 $443,571 $8,642 3.29%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 35 $9,235,000 $263,857 $4,074 2.92%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 37 $8,065,000 $217,973 $5,170 2.90%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 30 $7,790,000 $259,667 $4,179 2.85%
    STOCKTON, CA (FHA|USDA|VA) 26 $7,220,000 $277,692 $5,681 2.91%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 23 $6,975,000 $303,261 $5,000 2.91%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 16 $6,900,000 $431,250 $7,382 2.84%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 29 $6,715,000 $231,552 $4,145 2.91%
    MADERA, CA (FHA|USDA|VA) 21 $5,765,000 $274,524 $7,839 2.74%
    COLUMBUS, OH (FHA|USDA|VA) 23 $5,335,000 $231,957 $3,770 2.81%
    ALBUQUERQUE, NM (FHA|USDA|VA) 26 $5,130,000 $197,308 $4,645 2.87%
    RICHMOND, VA (FHA|USDA|VA) 22 $5,030,000 $228,636 $3,162 2.91%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 15 $4,785,000 $319,000 $5,970 2.91%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 18 $4,290,000 $238,333 $3,416 2.76%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 16 $4,090,000 $255,625 $6,622 2.97%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 16 $3,960,000 $247,500 $3,909 2.73%
    VALLEJO, CA (FHA|USDA|VA) 10 $3,710,000 $371,000 $6,444 2.90%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 17 $3,705,000 $217,941 $4,885 2.87%
    Fernley, NV (FHA|USDA|VA) 14 $3,680,000 $262,857 $9,793 3.03%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 16 $3,670,000 $229,375 $4,500 2.91%
    Pahrump, NV (FHA|USDA|VA) 17 $3,645,000 $214,412 $6,765 2.68%
    SALISBURY, MD-DE (FHA|USDA|VA) 15 $3,645,000 $243,000 $5,424 2.88%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 11 $3,595,000 $326,818 $4,213 2.95%
    LONGVIEW, TX (FHA|USDA|VA) 25 $3,515,000 $140,600 $6,967 2.67%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 10 $3,450,000 $345,000 $3,388 2.92%
    JACKSONVILLE, FL (FHA|USDA|VA) 15 $3,415,000 $227,667 $4,412 3.09%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 13 $3,095,000 $238,077 $4,514 2.79%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 11 $3,025,000 $275,000 $4,272 2.76%
    AKRON, OH (FHA|USDA|VA) 21 $2,965,000 $141,190 $3,812 2.74%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 13 $2,945,000 $226,538 $4,015 2.50%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 15 $2,925,000 $195,000 $3,007 2.92%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 11 $2,895,000 $263,182 $5,620 3.19%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 13 $2,815,000 $216,538 $5,358 2.96%
    DOVER, DE (FHA|USDA|VA) 11 $2,695,000 $245,000 $4,658 2.90%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 14 $2,600,000 $185,714 $3,762 2.92%
    GREELEY, CO (FHA|USDA|VA) 10 $2,550,000 $255,000 $9,323 2.28%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 9 $2,465,000 $273,889 $2,852 2.73%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 13 $2,305,000 $177,308 $4,623 2.82%
    OCALA, FL (FHA|USDA|VA) 13 $2,285,000 $175,769 $7,757 3.04%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 11 $2,245,000 $204,091 $6,020 2.94%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 10 $2,170,000 $217,000 $4,170 2.81%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 10 $2,100,000 $210,000 $5,468 3.05%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 7 $2,095,000 $299,286 $4,719 2.73%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 9 $2,075,000 $230,556 $4,851 3.15%
    YUBA CITY, CA (FHA|USDA|VA) 8 $2,070,000 $258,750 $6,214 2.94%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 12 $2,040,000 $170,000 $4,932 3.57%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 7 $2,025,000 $289,286 $4,519 2.89%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 8 $1,990,000 $248,750 $3,464 2.90%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 8 $1,980,000 $247,500 $3,726 2.83%
    SALEM, OR (FHA|USDA|VA) 7 $1,975,000 $282,143 $6,912 2.95%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 9 $1,955,000 $217,222 $4,975 2.99%
    BILLINGS, MT (FHA|USDA|VA) 7 $1,835,000 $262,143 $2,692 2.78%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 7 $1,795,000 $256,429 $4,713 2.87%
    Ketchikan, AK (FHA|USDA|VA) 5 $1,755,000 $351,000 $9,429 2.97%
    BATON ROUGE, LA (FHA|USDA|VA) 9 $1,745,000 $193,889 $4,446 3.00%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 8 $1,690,000 $211,250 $3,336 2.89%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 7 $1,675,000 $239,286 $7,139 2.36%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 8 $1,620,000 $202,500 $5,179 3.12%
    MADISON, WI (FHA|USDA|VA) 5 $1,615,000 $323,000 $2,469 3.12%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 7 $1,585,000 $226,429 $4,801 2.84%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 8 $1,580,000 $197,500 $3,980 2.81%
    LAS CRUCES, NM (FHA|USDA|VA) 8 $1,560,000 $195,000 $4,298 2.73%
    Crescent City, CA (FHA|USDA|VA) 5 $1,485,000 $297,000 $8,468 3.30%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 5 $1,475,000 $295,000 $3,231 2.85%
    KNOXVILLE, TN (FHA|USDA|VA) 4 $1,450,000 $362,500 $3,586 3.15%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 3 $1,415,000 $471,667 $5,418 2.83%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 7 $1,405,000 $200,714 $3,690 2.93%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 7 $1,405,000 $200,714 $3,930 2.84%
    PITTSBURGH, PA (FHA|USDA|VA) 8 $1,380,000 $172,500 $4,123 2.96%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 8 $1,320,000 $165,000 $4,003 3.22%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $1,305,000 $261,000 $3,237 3.05%
    SALINAS, CA (FHA|USDA|VA) 6 $1,250,000 $208,333 $5,982 2.42%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 3 $1,235,000 $411,667 $7,231 3.29%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 4 $1,200,000 $300,000 $8,393 2.72%
    READING, PA (FHA|USDA|VA) 5 $1,175,000 $235,000 $5,530 2.63%
    Clearlake, CA (FHA|USDA|VA) 5 $1,175,000 $235,000 $9,930 2.33%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 5 $1,155,000 $231,000 $3,469 2.78%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 5 $1,155,000 $231,000 $4,365 2.82%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,140,000 $190,000 $3,272 3.14%
    WINCHESTER, VA-WV (FHA|USDA|VA) 5 $1,135,000 $227,000 $3,730 2.75%
    WENATCHEE, WA (FHA|USDA|VA) 4 $1,110,000 $277,500 $4,744 2.96%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,100,000 $275,000 $3,830 2.94%
    BEND, OR (FHA|USDA|VA) 3 $1,085,000 $361,667 $5,586 2.92%
    PUNTA GORDA, FL (FHA|USDA|VA) 4 $990,000 $247,500 $4,287 3.06%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 5 $975,000 $195,000 $6,203 2.48%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 5 $965,000 $193,000 $4,290 2.87%
    WACO, TX (FHA|USDA|VA) 3 $965,000 $321,667 $6,507 3.08%
    Helena, MT (FHA|USDA|VA) 4 $960,000 $240,000 $5,107 2.87%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 5 $955,000 $191,000 $3,167 2.97%
    GREAT FALLS, MT (FHA|USDA|VA) 3 $955,000 $318,333 $2,942 2.88%
    MONROE, MI (FHA|USDA|VA) 4 $920,000 $230,000 $2,606 2.81%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 3 $905,000 $301,667 $5,974 2.96%
    EAU CLAIRE, WI (FHA|USDA|VA) 4 $890,000 $222,500 $4,014 2.88%
    FLINT, MI (FHA|USDA|VA) 5 $885,000 $177,000 $4,494 2.75%
    Kalispell, MT (FHA|USDA|VA) 3 $835,000 $278,333 $3,308 2.88%
    STAUNTON, VA (FHA|USDA|VA) 4 $830,000 $207,500 $4,963 2.78%
    LAFAYETTE, LA (FHA|USDA|VA) 4 $830,000 $207,500 $8,542 3.19%
    Laconia, NH (FHA|USDA|VA) 3 $825,000 $275,000 $3,304 2.33%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 4 $820,000 $205,000 $4,923 2.90%
    COLUMBIA, SC (FHA|USDA|VA) 4 $820,000 $205,000 $3,219 2.97%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $820,000 $410,000 $6,178 3.13%
    TALLAHASSEE, FL (FHA|USDA|VA) 4 $810,000 $202,500 $3,227 2.94%
    TOLEDO, OH (FHA|USDA|VA) 4 $800,000 $200,000 $4,945 2.65%
    CHICO, CA (FHA|USDA|VA) 3 $795,000 $265,000 $4,452 3.04%
    LANCASTER, PA (FHA|USDA|VA) 4 $790,000 $197,500 $3,856 2.81%
    Outside of Metro Areas 1 $785,000 $785,000 $14,667 3.25%
    FORT COLLINS, CO (FHA|USDA|VA) 2 $780,000 $390,000 $7,193 3.31%
    CHEYENNE, WY (FHA|USDA|VA) 3 $765,000 $255,000 $7,065 2.75%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 3 $745,000 $248,333 $2,711 2.87%
    FOND DU LAC, WI (FHA|USDA|VA) 3 $745,000 $248,333 $3,455 2.83%
    SAGINAW, MI (FHA|USDA|VA) 3 $735,000 $245,000 $3,995 2.83%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 3 $725,000 $241,667 $3,100 2.81%
    PANAMA CITY, FL (FHA|USDA|VA) 4 $720,000 $180,000 $6,004 2.75%
    MIDLAND, TX (FHA|USDA|VA) 2 $720,000 $360,000 $9,525 3.25%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 3 $715,000 $238,333 $5,156 3.33%
    YAKIMA, WA (FHA|USDA|VA) 2 $710,000 $355,000 $9,379 3.18%
    HARRISONBURG, VA (FHA|USDA|VA) 3 $705,000 $235,000 $4,190 2.92%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $685,000 $228,333 $3,513 2.75%
    Fallon, NV (FHA|USDA|VA) 2 $680,000 $340,000 $8,934 3.44%
    Easton, MD (FHA|USDA|VA) 2 $670,000 $335,000 $4,740 2.62%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $665,000 $221,667 $4,449 3.21%
    THE VILLAGES, FL (FHA|USDA|VA) 3 $665,000 $221,667 $6,282 3.41%
    Wooster, OH (FHA|USDA|VA) 5 $655,000 $131,000 $4,409 3.12%
    YORK-HANOVER, PA (FHA|USDA|VA) 4 $650,000 $162,500 $4,260 2.97%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 3 $645,000 $215,000 $3,110 2.92%
    SANTA FE, NM (FHA|USDA|VA) 2 $640,000 $320,000 $4,532 2.88%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $610,000 $305,000 $4,866 3.25%
    SPARTANBURG, SC (FHA|USDA|VA) 3 $605,000 $201,667 $3,318 3.08%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 3 $605,000 $201,667 $6,540 2.87%
    Mount Vernon, OH (FHA|USDA|VA) 1 $575,000 $575,000 $2,685 2.75%
    Cookeville, TN (FHA|USDA|VA) 2 $550,000 $275,000 $3,825 3.06%
    NAPA, CA (FHA|USDA|VA) 1 $545,000 $545,000 $2,705 2.75%
    TULSA, OK (FHA|USDA|VA) 3 $545,000 $181,667 $3,866 3.00%
    TEXARKANA, TX-AR (FHA|USDA|VA) 1 $545,000 $545,000 $5,886 3.13%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $535,000 $178,333 $3,843 2.75%
    LUBBOCK, TX (FHA|USDA|VA) 3 $515,000 $171,667 $5,591 2.87%
    MEDFORD, OR (FHA|USDA|VA) 2 $510,000 $255,000 $7,147 2.62%
    REDDING, CA (FHA|USDA|VA) 2 $500,000 $250,000 $6,558 2.87%
    Sevierville, TN (FHA|USDA|VA) 2 $490,000 $245,000 $4,234 2.81%
    JONESBORO, AR (FHA|USDA|VA) 3 $485,000 $161,667 $3,746 2.91%
    BELLINGHAM, WA (FHA|USDA|VA) 2 $480,000 $240,000 $2,875 3.19%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $480,000 $240,000 $5,916 2.75%
    FARMINGTON, NM (FHA|USDA|VA) 3 $465,000 $155,000 $5,688 2.75%
    CARSON CITY, NV (FHA|USDA|VA) 2 $460,000 $230,000 $1,949 3.31%
    EL PASO, TX (FHA|USDA|VA) 3 $455,000 $151,667 $4,114 3.33%
    Show Low, AZ (FHA|USDA|VA) 2 $450,000 $225,000 $5,844 3.25%
    LONGVIEW, WA (FHA|USDA|VA) 2 $450,000 $225,000 $5,057 2.81%
    Key West, FL (FHA|USDA|VA) 2 $440,000 $220,000 $4,979 2.68%
    Clovis, NM (FHA|USDA|VA) 2 $420,000 $210,000 $5,433 3.31%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $420,000 $210,000 $4,956 2.56%
    Payson, AZ (FHA|USDA|VA) 1 $415,000 $415,000 $2,610 2.75%
    Washington Court House, OH (FHA|USDA|VA) 2 $400,000 $200,000 $5,739 2.75%
    TYLER, TX (FHA|USDA|VA) 2 $390,000 $195,000 $7,995 3.06%
    Sulphur Springs, TX (FHA|USDA|VA) 2 $380,000 $190,000 $4,593 2.88%
    PUEBLO, CO (FHA|USDA|VA) 2 $380,000 $190,000 $6,187 3.50%
    SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 2 $370,000 $185,000 $2,573 3.38%
    BLOOMINGTON, IL (FHA|USDA|VA) 1 $365,000 $365,000 $2,663 2.13%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 2 $360,000 $180,000 $3,411 3.62%
    LYNCHBURG, VA (FHA|USDA|VA) 2 $360,000 $180,000 $3,203 2.99%
    GREEN BAY, WI (FHA|USDA|VA) 2 $360,000 $180,000 $2,499 2.99%
    RACINE, WI (FHA|USDA|VA) 2 $350,000 $175,000 $2,626 3.12%
    EL CENTRO, CA (FHA|USDA|VA) 2 $350,000 $175,000 $4,351 3.00%
    WALLA WALLA, WA (FHA|USDA|VA) 1 $345,000 $345,000 $10,248 2.49%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 2 $340,000 $170,000 $3,005 2.63%
    APPLETON, WI (FHA|USDA|VA) 2 $340,000 $170,000 $2,800 2.75%
    Muscatine, IA (FHA|USDA|VA) 1 $335,000 $335,000 $3,215 3.25%
    WICHITA FALLS, TX (FHA|USDA|VA) 2 $330,000 $165,000 $3,589 2.75%
    Big Rapids, MI (FHA|USDA|VA) 1 $325,000 $325,000 $4,508 2.75%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $320,000 $160,000 $3,077 3.06%
    Mason City, IA (FHA|USDA|VA) 2 $320,000 $160,000 $2,961 2.94%
    ODESSA, TX (FHA|USDA|VA) 2 $320,000 $160,000 $3,573 2.81%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $315,000 $315,000 $2,765 2.75%
    Ottawa, IL (FHA|USDA|VA) 2 $310,000 $155,000 $3,008 2.75%
    FLORENCE, SC (FHA|USDA|VA) 2 $300,000 $150,000 $2,898 2.56%
    El Dorado, AR (FHA|USDA|VA) 2 $300,000 $150,000 $2,649 3.12%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $295,000 $295,000 $2,666 2.75%
    Augusta-Waterville, ME (FHA|USDA|VA) 2 $290,000 $145,000 $3,980 3.18%
    WICHITA, KS (FHA|USDA|VA) 2 $290,000 $145,000 $2,733 2.94%
    Port Angeles, WA (FHA|USDA|VA) 1 $285,000 $285,000 $8,071 2.50%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $285,000 $285,000 $5,414 3.25%
    Marietta, OH (FHA|USDA|VA) 1 $275,000 $275,000 $2,565 2.75%
    BANGOR, ME (FHA|USDA|VA) 1 $265,000 $265,000 $2,585 2.75%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $265,000 $265,000 $2,585 3.00%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $260,000 $130,000 $2,332 2.69%
    Traverse City, MI (FHA|USDA|VA) 1 $255,000 $255,000 $4,331 2.99%
    Roseburg, OR (FHA|USDA|VA) 1 $255,000 $255,000 $3,017 2.99%
    MANKATO, MN (FHA|USDA|VA) 1 $255,000 $255,000 $2,585 2.13%
    Bozeman, MT (FHA|USDA|VA) 1 $245,000 $245,000 $2,405 3.13%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $245,000 $245,000 $7,736 2.38%
    WINSTON-SALEM, NC (FHA|USDA|VA) 1 $245,000 $245,000 $6,566 3.63%
    Ellensburg, WA (FHA|USDA|VA) 1 $245,000 $245,000 $8,473 2.75%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $245,000 $245,000 $6,583 2.63%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $245,000 $245,000 $8,297 2.99%
    TOPEKA, KS (FHA|USDA|VA) 2 $240,000 $120,000 $2,398 2.87%
    OWENSBORO, KY (FHA|USDA|VA) 1 $235,000 $235,000 $3,098 3.49%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $235,000 $235,000 $7,227 2.49%
    Ruston, LA (FHA|USDA|VA) 1 $235,000 $235,000 $2,230 2.75%
    Effingham, IL (FHA|USDA|VA) 1 $235,000 $235,000 $9,966 2.75%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $230,000 $115,000 $3,991 2.87%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $225,000 $225,000 $2,706 2.50%
    MISSOULA, MT (FHA|USDA|VA) 1 $225,000 $225,000 $2,405 3.25%
    ALEXANDRIA, LA (FHA|USDA|VA) 1 $225,000 $225,000 $3,075 3.38%
    Alice, TX (FHA|USDA|VA) 1 $225,000 $225,000 $3,498 3.38%
    DUBUQUE, IA (FHA|USDA|VA) 1 $225,000 $225,000 $6,549 2.99%
    Adrian, MI (FHA|USDA|VA) 1 $225,000 $225,000 $2,460 2.75%
    Mayfield, KY (FHA|USDA|VA) 1 $225,000 $225,000 $2,455 2.75%
    Aberdeen, WA (FHA|USDA|VA) 1 $225,000 $225,000 $3,523 3.38%
    Beatrice, NE (FHA|USDA|VA) 1 $225,000 $225,000 $3,572 2.75%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $225,000 $225,000 $4,505 2.88%
    Lewisburg, TN (FHA|USDA|VA) 1 $215,000 $215,000 $2,455 2.63%
    WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $215,000 $215,000 $5,658 1.75%
    Shelton, WA (FHA|USDA|VA) 1 $215,000 $215,000 $3,566 2.88%
    SHEBOYGAN, WI (FHA|USDA|VA) 1 $215,000 $215,000 $3,030 2.99%
    Craig, CO (FHA|USDA|VA) 1 $205,000 $205,000 $8,077 2.88%
    RALEIGH-CARY, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,351 2.38%
    New Castle, PA (FHA|USDA|VA) 1 $205,000 $205,000 $3,929 2.99%
    ERIE, PA (FHA|USDA|VA) 1 $205,000 $205,000 $7,278 3.00%
    Athens, TN (FHA|USDA|VA) 1 $205,000 $205,000 $6,465 2.38%
    Red Bluff, CA (FHA|USDA|VA) 1 $205,000 $205,000 $3,189 3.50%
    Coshocton, OH (FHA|USDA|VA) 1 $205,000 $205,000 $2,520 2.99%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $205,000 $205,000 $8,169 3.13%
    ROANOKE, VA (FHA|USDA|VA) 1 $205,000 $205,000 $5,145 3.75%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $205,000 $205,000 $3,583 2.88%
    Greeneville, TN (FHA|USDA|VA) 1 $195,000 $195,000 $5,641 3.75%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $195,000 $195,000 $2,405 2.75%
    Stevens Point, WI (FHA|USDA|VA) 1 $195,000 $195,000 $3,343 2.63%
    Lewisburg, PA (FHA|USDA|VA) 1 $195,000 $195,000 $4,169 2.99%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $195,000 $195,000 $5,877 2.50%
    GRANTS PASS, OR (FHA|USDA|VA) 1 $195,000 $195,000 $3,310 2.50%
    Fairfield, IA (FHA|USDA|VA) 1 $185,000 $185,000 $2,215 3.13%
    Elko, NV (FHA|USDA|VA) 1 $185,000 $185,000 $4,533 4.13%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $185,000 $185,000 $2,453 2.75%
    Crossville, TN (FHA|USDA|VA) 1 $185,000 $185,000 $4,978 3.25%
    Concord, NH (FHA|USDA|VA) 1 $185,000 $185,000 $2,405 2.75%
    Chillicothe, OH (FHA|USDA|VA) 1 $185,000 $185,000 $10,937 2.25%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $185,000 $185,000 $5,440 2.75%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $185,000 $185,000 $2,708 3.25%
    HINESVILLE, GA (FHA|USDA|VA) 1 $185,000 $185,000 $9,844 3.75%
    Hobbs, NM (FHA|USDA|VA) 1 $175,000 $175,000 $4,108 2.38%
    Keene, NH (FHA|USDA|VA) 1 $175,000 $175,000 $3,235 2.38%
    Sonora, CA (FHA|USDA|VA) 1 $175,000 $175,000 $2,355 2.88%
    Morgan City, LA (FHA|USDA|VA) 1 $175,000 $175,000 $10,674 4.13%
    NILES, MI (FHA|USDA|VA) 1 $175,000 $175,000 $4,605 2.63%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $175,000 $175,000 $8,723 2.99%
    Salem, OH (FHA|USDA|VA) 1 $165,000 $165,000 $4,757 2.99%
    Butte-Silver Bow, MT (FHA|USDA|VA) 1 $165,000 $165,000 $3,205 2.88%
    Kearney, NE (FHA|USDA|VA) 1 $165,000 $165,000 $2,330 3.38%
    Centralia, WA (FHA|USDA|VA) 1 $165,000 $165,000 $3,339 2.75%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $165,000 $165,000 $2,430 2.75%
    LAWRENCE, KS (FHA|USDA|VA) 1 $165,000 $165,000 $2,808 2.99%
    Danville, VA (FHA|USDA|VA) 1 $165,000 $165,000 $2,440 3.25%
    Mount Pleasant, TX (FHA|USDA|VA) 1 $165,000 $165,000 $3,721 3.88%
    Seneca, SC (FHA|USDA|VA) 1 $165,000 $165,000 $3,997 3.49%
    Tahlequah, OK (FHA|USDA|VA) 1 $155,000 $155,000 $3,405 2.88%
    Zanesville, OH (FHA|USDA|VA) 1 $155,000 $155,000 $2,485 2.25%
    Ukiah, CA (FHA|USDA|VA) 1 $155,000 $155,000 $3,536 2.25%
    Atchison, KS (FHA|USDA|VA) 1 $155,000 $155,000 $2,405 2.88%
    Ashtabula, OH (FHA|USDA|VA) 1 $155,000 $155,000 $5,003 2.99%
    Bogalusa, LA (FHA|USDA|VA) 1 $155,000 $155,000 $2,866 2.99%
    Paris, TN (FHA|USDA|VA) 1 $155,000 $155,000 $7,435 3.25%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $155,000 $155,000 $5,263 2.63%
    Salina, KS (FHA|USDA|VA) 1 $155,000 $155,000 $2,405 2.25%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $155,000 $155,000 $2,953 2.99%
    AMARILLO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,804 2.88%
    Portsmouth, OH (FHA|USDA|VA) 1 $155,000 $155,000 $4,362 2.63%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $155,000 $155,000 $4,304 2.99%
    Somerset, PA (FHA|USDA|VA) 1 $155,000 $155,000 $3,946 2.75%
    DULUTH, MN-WI (FHA|USDA|VA) 1 $155,000 $155,000 $3,970 2.63%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $155,000 $155,000 $2,605 3.25%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $145,000 $145,000 $3,125 3.25%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $145,000 $145,000 $5,515 2.25%
    Galesburg, IL (FHA|USDA|VA) 1 $145,000 $145,000 $3,586 2.75%
    MANHATTAN, KS (FHA|USDA|VA) 1 $145,000 $145,000 $2,405 2.25%
    Pella, IA (FHA|USDA|VA) 1 $145,000 $145,000 $3,998 3.13%
    Findlay, OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,020 2.88%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $135,000 $135,000 $2,405 2.99%
    LINCOLN, NE (FHA|USDA|VA) 1 $135,000 $135,000 $1,930 2.75%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $135,000 $135,000 $2,505 2.25%
    CARBONDALE-MARION, IL (FHA|USDA|VA) 1 $135,000 $135,000 $3,640 2.75%
    Moses Lake, WA (FHA|USDA|VA) 1 $135,000 $135,000 $4,048 2.99%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,713 4.13%
    Sweetwater, TX (FHA|USDA|VA) 1 $125,000 $125,000 $3,146 2.88%
    PEORIA, IL (FHA|USDA|VA) 1 $125,000 $125,000 $3,391 2.75%
    Cambridge, OH (FHA|USDA|VA) 1 $115,000 $115,000 $3,983 3.38%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $115,000 $115,000 $2,213 2.99%
    McMinnville, TN (FHA|USDA|VA) 1 $115,000 $115,000 $4,330 3.13%
    Montrose, CO (FHA|USDA|VA) 1 $105,000 $105,000 $3,481 2.38%
    Port Lavaca, TX (FHA|USDA|VA) 1 $105,000 $105,000 $3,242 2.38%
    Ashland, OH (FHA|USDA|VA) 2 $100,000 $50,000 $5,467 1.88%
    Ludington, MI (FHA|USDA|VA) 1 $65,000 $65,000 $3,885 2.88%
    LEBANON, PA (FHA|USDA|VA) 1 $65,000 $65,000 $4,101 2.25%
    Residential Bancorp.'s top markets include Las Vegas, Los Angeles, Riverside, Bakersfield, and Phoenix among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,087 $1,110,315,000 $271,670 $5,341 2.93%
    FHA 908 $263,020,000 $289,670 $11,137 3.16%
    VA 218 $72,520,000 $332,661 $10,402 2.86%
    USDA 16 $3,330,000 $208,125 $8,698 3.19%

    For 2021, Residential Bancorp.'s most frequently originated type of loan was Conventional, with 4,087 originations. Their 2nd most popular type was FHA, with 908 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,046 $611,480,000 $298,866 $9,084 2.98%
    Refi 1,666 $421,550,000 $253,031 $4,621 2.87%
    Cash Out Refi 1,517 $416,155,000 $274,328 $5,862 3.08%

    For 2021, Residential Bancorp.'s most frequently cited loan purpose was Home Purchase, with 2,046 originations. The 2nd most popular reason was Refi, with 1,666 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,465 $1,303,025,000 $291,831 $6,971 3.10%
    15 Year 392 $87,930,000 $224,311 $4,254 2.43%
    20 Year 192 $44,050,000 $229,427 $3,980 2.83%
    3 Year 109 $1,135,000 $10,413 $0 0.02%
    Other 40 $8,590,000 $214,750 $4,426 2.71%
    10 Year 28 $4,440,000 $158,571 $3,186 2.36%
    5 Year 3 $15,000 $5,000 $0 0.00%

    For 2021, Residential Bancorp.'s most frequently cited loan duration was 30 Year, with 4,465 originations. The 2nd most popular length was 15 Year, with 392 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,799 $497,875,000 $276,751
    $5k+ 1,011 $369,685,000 $365,663
    $2k-3k 776 $189,640,000 $244,381
    $3k-4k 678 $179,570,000 $264,853
    $4k-5k 487 $138,035,000 $283,439
    $<1k 299 $64,355,000 $215,234

    Residential Bancorp.'s average total fees were $6,971, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,799 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 2,190 $611,610,000 $279,274
    3-4% 2,177 $671,175,000 $308,303
    <2.5% 695 $119,625,000 $172,122
    4-5% 147 $41,515,000 $282,415
    5-6% 9 $2,785,000 $309,444
    Over 8% 1 $245,000 $245,000

    During 2021, Residential Bancorp.'s average interest rate for loans was 3.10%, while their most frequently originated rate bucket for loans was 2.5-3%, with 2,190 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,714 $772,310,000 $284,565 $6,873 3.10%
    $100k-200k 1,350 $217,480,000 $161,096 $4,497 3.01%
    $400k-600k 730 $349,610,000 $478,918 $8,687 3.14%
    $100,000 or less 293 $8,625,000 $29,437 $4,175 1.07%
    $600k-1MM 139 $97,685,000 $702,770 $11,989 3.23%
    $1MM+ 3 $3,475,000 $1,158,333 $24,941 3.63%

    2021 saw Residential Bancorp. place emphasis on $200k-400k loans with 2,714 originations, totaling $772,310,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,556 $362,640,000 $233,059 $6,495 2.92%
    $75k-100k 1,099 $317,605,000 $288,995 $6,871 2.97%
    $100k-150k 1,043 $354,825,000 $340,197 $6,953 2.99%
    $50k or less 970 $180,570,000 $186,155 $5,721 2.95%
    $150k-250k 423 $177,905,000 $420,579 $7,213 3.08%
    $250k+ 109 $47,125,000 $432,339 $7,214 3.17%

    Residential Bancorp. lent most frequently to those with incomes in the $50k-75k range, with 1,556 originations. The second most popular income band? $75k-100k, with 1,099 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 844 $224,640,000 $266,161 $6,118 2.93%
    20-30% 784 $200,120,000 $255,255 $5,257 2.94%
    44% 347 $101,055,000 $291,225 $7,073 3.12%
    <20% 267 $64,925,000 $243,165 $4,918 2.96%
    43% 260 $77,560,000 $298,308 $7,061 3.04%
    50-60% 259 $81,145,000 $313,301 $10,874 3.07%
    49% 258 $80,680,000 $312,713 $7,731 3.09%
    41% 250 $67,360,000 $269,440 $6,486 2.93%
    42% 239 $66,045,000 $276,339 $6,690 2.98%
    38% 220 $57,880,000 $263,091 $6,220 2.80%
    48% 210 $66,490,000 $316,619 $7,235 3.11%
    39% 204 $52,990,000 $259,755 $6,594 2.94%
    45% 199 $59,015,000 $296,558 $7,030 3.02%
    40% 197 $52,435,000 $266,168 $6,406 2.83%
    37% 187 $49,635,000 $265,428 $6,186 2.90%
    36% 172 $46,560,000 $270,698 $6,436 2.77%
    46% 150 $45,820,000 $305,467 $6,916 3.03%
    47% 138 $41,660,000 $301,884 $7,912 3.11%
    >60% 9 $2,695,000 $299,444 $2,955 2.71%

    Residential Bancorp. lent most frequently to those with DTI ratios of 30-36%, with 844 originations. The next most common DTI ratio? 20-30%, with 784 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,070 $1,117,760,000 $274,634 $6,492 2.96%
    Asian 368 $119,910,000 $325,842 $6,925 3.13%
    Black 365 $94,405,000 $258,644 $7,035 2.96%
    Not provided 341 $92,125,000 $270,161 $7,022 2.97%
    American Indian 44 $12,390,000 $281,591 $7,764 3.12%
    Native Hawaiian or Islander 31 $9,745,000 $314,355 $6,583 2.95%
    Vietnamese 1 $705,000 $705,000 $4,830 3.13%
    Guamanian 1 $585,000 $585,000 $3,665 3.25%
    Other Asian 3 $535,000 $178,333 $5,353 2.96%
    Filipino 2 $530,000 $265,000 $4,630 3.25%
    Other Pacific Islander 3 $495,000 $165,000 $4,301 2.33%

    Approval Rates

    Total approvals of all applications
    92.61%

    Residential Bancorp. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    -88.98%

    Residential Bancorp. has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $5,000 $5,000
    NA 5,228 $1,449,180,000 $277,196

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    5,229 $1,449,185,000 $277,144

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 283 $57,825,000 $204,329 $4,122 2.78%
    40-60% 971 $249,475,000 $256,926 $4,338 2.88%
    60-80% 1,877 $536,705,000 $285,938 $5,824 3.11%
    80-100% 1,808 $578,550,000 $319,994 $8,827 3.23%
    Over 100% 46 $18,560,000 $403,478 $17,534 3.01%
    Under 20% 237 $5,855,000 $24,705 $4,110 0.51%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    RESIDENTIAL HOME FUNDING CORP. Conventional home mortgage Closing on a mortgage 1 25.0%
    RESIDENTIAL HOME FUNDING CORP. Reverse mortgage Closing on a mortgage 1 25.0%
    RESIDENTIAL HOME FUNDING CORP. Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 25.0%
    RESIDENTIAL HOME FUNDING CORP. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 25.0%