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

2021 Data | 2020 Data | 2019 Data | 2018 Data


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 include Las Vegas, Los Angeles, Riverside, Bakersfield, and Phoenix among others. Residential Bancorp. has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Residential Bancorp. is typically a high fee lendor.


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 rate mortgage of loans were 3.1%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.05%.

Relative Fees

Residential Bancorp.'s average total fees for a 30 year fixed rate mortgage are $6,971.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

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.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average 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 the 2021 period, Residential Bancorp.'s most frequently originated loan type of loans were Conventional, with 4,087 originations. Their 2nd most popular type is FHA, with 908 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average 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 the 2021, Residential Bancorp.'s most frequently cited loan purpose of loans were Home Purchase, with 2,046 originations. The 2nd most popular reason of loans were 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 the 2021, Residential Bancorp.'s most frequently cited loan length of loans were 30 Year, with 4,465 originations. The 2nd most popular length of loans were 15 Year, with 392 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 1,799 $497,875,000 $276,751
$3k-4k 1,165 $317,605,000 $272,622
$5k+ 1,011 $369,685,000 $365,663
$2k-3k 776 $189,640,000 $244,381
$<1k 299 $64,355,000 $215,234

$6,971 of loans were Residential Bancorp.'s average total fees, while their most frequently occuring range of origination fees 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 of loans were 3.10%, while their most frequently originated rate bucket of loans were 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 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
93.47%

Residential Bancorp. has an average approval rate.

Pick Rate

Approvals leading to origination
-8.56%

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%