Residential Bancorp Mortgage Rates, Fees & Info
CANTON, OHLEI: 549300XCVBRR56D08F03
Tax ID: 34-1633105
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Residential Bancorp is a smaller mortgage company specializing in Other, Cash Out Refi, and Home Purchase loans. Residential Bancorp has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Los Angeles, Las Vegas, Riverside, Anchorage, and Houston among others. We have data for 263 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 relatively high 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 | 6.38% | 6/22/25 |
| 30 Year Conventional Refi | 8.30% | 6/22/25 |
| 30 Year Cash-out Refi | 7.35% | 6/22/25 |
| 30 Year FHA Purchase | 7.44% | 6/22/25 |
| 30 Year FHA Refi | 6.55% | 6/22/25 |
| 30 Year VA Purchase | 6.57% | 6/22/25 |
| 30 Year VA Refi | 6.75% | 6/22/25 |
| 15 Year Conventional Purchase | 6.96% | 6/22/25 |
| 15 Year Conventional Refi | 7.70% | 6/22/25 |
| 15 Year Cash-out Refi | 7.70% | 6/22/25 |
| 15 Year FHA Refi | 5.74% | 6/22/25 |
| 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. | ||
Residential Bancorp Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Residential Bancorp. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,454Origination Dollar Volume (All Markets)
$265,220,000Awards
RESIDENTIAL BANCORP - 2024
RESIDENTIAL BANCORP is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
Work for RESIDENTIAL BANCORP?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Relative Rate
Residential Bancorp's average 30 year fixed mortgage rate was
8.27%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 1.72%.
Relative Fees (Closing Costs)
Residential Bancorp's average total fees/closing costs for a 30 year fixed rate
mortgage were $11,826.
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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 86 | $21,340,000 | $248,140 | $19,973 | 9.37% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 66 | $17,770,000 | $269,242 | $15,541 | 7.37% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 82 | $14,820,000 | $180,732 | $14,572 | 9.21% |
| ANCHORAGE, AK (FHA|USDA|VA) | 24 | $11,070,000 | $461,250 | $8,409 | 7.28% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 23 | $9,845,000 | $428,043 | $15,345 | 7.84% |
| Outside of Metro Areas | 61 | $9,625,000 | $157,787 | $8,231 | 8.75% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 37 | $7,045,000 | $190,405 | $11,013 | 9.65% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 39 | $6,345,000 | $162,692 | $11,765 | 9.33% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 33 | $5,255,000 | $159,242 | $11,216 | 9.24% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 24 | $5,040,000 | $210,000 | $14,036 | 7.23% |
| Ketchikan, AK (FHA|USDA|VA) | 13 | $4,985,000 | $383,462 | $10,749 | 7.19% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 25 | $4,865,000 | $194,600 | $12,067 | 9.02% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 26 | $4,510,000 | $173,462 | $10,788 | 7.93% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 29 | $4,425,000 | $152,586 | $6,655 | 9.66% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 12 | $4,260,000 | $355,000 | $19,917 | 8.92% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 17 | $4,155,000 | $244,412 | $13,034 | 7.66% |
| SALINAS, CA (FHA|USDA|VA) | 9 | $3,955,000 | $439,444 | $11,722 | 7.62% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 15 | $3,305,000 | $220,333 | $8,269 | 9.18% |
| STOCKTON, CA (FHA|USDA|VA) | 18 | $3,090,000 | $171,667 | $16,992 | 9.10% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 24 | $3,050,000 | $127,083 | $7,195 | 9.98% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 24 | $2,930,000 | $122,083 | $3,902 | 10.57% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 19 | $2,775,000 | $146,053 | $0 | 10.15% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 7 | $2,755,000 | $393,571 | $15,856 | 7.66% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 20 | $2,720,000 | $136,000 | $11,219 | 9.41% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 17 | $2,585,000 | $152,059 | $11,586 | 8.71% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 26 | $2,430,000 | $93,462 | $11,145 | 10.37% |
| MERCED, CA (FHA|USDA|VA) | 11 | $2,295,000 | $208,636 | $13,655 | 7.70% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 9 | $2,265,000 | $251,667 | $13,444 | 7.98% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 17 | $2,215,000 | $130,294 | $8,604 | 9.57% |
| MODESTO, CA (FHA|USDA|VA) | 11 | $2,145,000 | $195,000 | $9,861 | 8.94% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 9 | $2,045,000 | $227,222 | $12,502 | 8.35% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 12 | $1,930,000 | $160,833 | $6,046 | 9.52% |
| FRESNO, CA (FHA|USDA|VA) | 12 | $1,810,000 | $150,833 | $11,665 | 10.03% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 10 | $1,800,000 | $180,000 | $5,838 | 8.44% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 17 | $1,725,000 | $101,471 | $9,291 | 9.42% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 5 | $1,695,000 | $339,000 | $11,852 | 8.63% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 11 | $1,695,000 | $154,091 | $21,800 | 8.31% |
| RICHMOND, VA (FHA|USDA|VA) | 7 | $1,655,000 | $236,429 | $12,430 | 8.53% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 13 | $1,525,000 | $117,308 | $4,049 | 9.69% |
| VISALIA, CA (FHA|USDA|VA) | 4 | $1,460,000 | $365,000 | $13,945 | 8.19% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 14 | $1,410,000 | $100,714 | $7,610 | 10.46% |
| PROVO-OREM, UT (FHA|USDA|VA) | 11 | $1,315,000 | $119,545 | $16,250 | 9.82% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 14 | $1,210,000 | $86,429 | $7,481 | 10.01% |
| TUCSON, AZ (FHA|USDA|VA) | 8 | $1,180,000 | $147,500 | $9,909 | 9.81% |
| NAPA, CA (FHA|USDA|VA) | 2 | $1,160,000 | $580,000 | $19,320 | 6.24% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 6 | $1,140,000 | $190,000 | $2,765 | 8.19% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 10 | $1,110,000 | $111,000 | $8,249 | 10.39% |
| COLUMBUS, OH (FHA|USDA|VA) | 10 | $1,100,000 | $110,000 | $10,162 | 9.31% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 4 | $1,050,000 | $262,500 | $6,387 | 8.81% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 7 | $1,035,000 | $147,857 | $9,304 | 8.71% |
| GREELEY, CO (FHA|USDA|VA) | 5 | $1,025,000 | $205,000 | $15,408 | 8.32% |
| Centralia, WA (FHA|USDA|VA) | 5 | $1,025,000 | $205,000 | $11,933 | 9.97% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 9 | $975,000 | $108,333 | $8,125 | 9.01% |
| VALLEJO, CA (FHA|USDA|VA) | 6 | $940,000 | $156,667 | $14,610 | 10.00% |
| SPARTANBURG, SC (FHA|USDA|VA) | 6 | $880,000 | $146,667 | $0 | 6.71% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $11,109 | 5.91% |
| CHICO, CA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $8,241 | 6.38% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 4 | $850,000 | $212,500 | $10,072 | 7.69% |
| COLUMBIA, SC (FHA|USDA|VA) | 5 | $835,000 | $167,000 | $6,462 | 9.78% |
| RENO, NV (FHA|USDA|VA) | 5 | $835,000 | $167,000 | $7,217 | 8.13% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $14,710 | 6.83% |
| North Wilkesboro, NC (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $8,033 | 6.19% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $4,813 | 6.31% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $11,914 | 7.58% |
| BEND, OR (FHA|USDA|VA) | 5 | $725,000 | $145,000 | $7,051 | 9.05% |
| EL CENTRO, CA (FHA|USDA|VA) | 2 | $690,000 | $345,000 | $0 | 5.88% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 7 | $685,000 | $97,857 | $6,418 | 9.79% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 6 | $680,000 | $113,333 | $0 | 10.33% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 6 | $650,000 | $108,333 | $0 | 9.98% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 4 | $650,000 | $162,500 | $22,515 | 9.47% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 5 | $645,000 | $129,000 | $3,608 | 9.65% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $7,343 | 6.69% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 5 | $625,000 | $125,000 | $7,276 | 9.08% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $9,009 | 8.31% |
| MONTGOMERY, AL (FHA|USDA|VA) | 5 | $605,000 | $121,000 | $3,972 | 9.50% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 4 | $600,000 | $150,000 | $14,645 | 9.81% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 7 | $585,000 | $83,571 | $4,092 | 10.32% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $8,923 | 6.00% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 6.13% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $5,209 | 7.83% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 5 | $555,000 | $111,000 | $0 | 10.23% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $0 | 8.33% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 5 | $555,000 | $111,000 | $4,836 | 7.73% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 8 | $550,000 | $68,750 | $0 | 10.33% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $6,983 | 9.13% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $15,489 | 10.19% |
| WILMINGTON, NC (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $24,776 | 8.67% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $5,690 | 5.38% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $19,994 | 7.25% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 5 | $495,000 | $99,000 | $0 | 9.90% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $5,401 | 9.17% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $11,713 | 9.06% |
| Fernley, NV (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $9,560 | 6.63% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $17,965 | 10.00% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $25,197 | 5.75% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $4,904 | 8.78% |
| DECATUR, AL (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $19,779 | 8.00% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $11,294 | 10.56% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $14,142 | 6.49% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 4 | $450,000 | $112,500 | $0 | 9.75% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $450,000 | $112,500 | $8,674 | 9.15% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $13,651 | 8.06% |
| MADERA, CA (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $15,622 | 8.92% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 5 | $425,000 | $85,000 | $0 | 9.43% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $0 | 10.31% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $7,040 | 7.63% |
| YUBA CITY, CA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $13,301 | 7.75% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 5 | $405,000 | $81,000 | $3,481 | 11.23% |
| YUMA, AZ (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $6,392 | 6.69% |
| WACO, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $6,670 | 7.13% |
| Quincy, IL-MO (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,932 | 8.56% |
| Newberry, SC (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $16,311 | 4.75% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $14,474 | 7.25% |
| Juneau, AK (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $11,051 | 7.13% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 11.06% |
| GRANTS PASS, OR (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $14,228 | 7.75% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $10,199 | 4.99% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 4 | $360,000 | $90,000 | $3,989 | 8.25% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $16,126 | 5.99% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,690 | 7.13% |
| REDDING, CA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $0 | 7.56% |
| FAIRBANKS, AK (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $16,560 | 10.31% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,479 | 6.12% |
| Blackfoot, ID (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $6,689 | 9.79% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $13,730 | 7.50% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $16,998 | 8.31% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $4,879 | 9.17% |
| TOLEDO, OH (FHA|USDA|VA) | 5 | $325,000 | $65,000 | $0 | 11.43% |
| Nogales, AZ (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $13,864 | 7.25% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 7.25% |
| Greenwood, SC (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 5.99% |
| Morehead City, NC (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 10.44% |
| Brookings, SD (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $0 | 11.50% |
| SALEM, OR (FHA|USDA|VA) | 4 | $300,000 | $75,000 | $0 | 10.91% |
| Platteville, WI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 6.75% |
| PITTSBURGH, PA (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $12,536 | 11.33% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $8,295 | 8.38% |
| JACKSON, MS (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $6,093 | 9.88% |
| OCALA, FL (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $5,207 | 7.63% |
| MUSKEGON, MI (FHA|USDA|VA) | 5 | $285,000 | $57,000 | $0 | 10.95% |
| Clewiston, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,025 | 6.63% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $5,119 | 8.81% |
| POCATELLO, ID (FHA|USDA|VA) | 4 | $270,000 | $67,500 | $0 | 9.87% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 10.44% |
| Albertville, AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $13,613 | 4.99% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,410 | 6.63% |
| Seneca, SC (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $7,414 | 6.31% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $12,417 | 6.63% |
| Warsaw, IN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $11,291 | 6.38% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 3 | $245,000 | $81,667 | $0 | 12.25% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 10.75% |
| WICHITA, KS (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $5,070 | 6.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 10.75% |
| Big Rapids, MI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $9,966 | 6.63% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 11.44% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,694 | 7.63% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $10,190 | 6.63% |
| Payson, AZ (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $11,501 | 6.63% |
| Crossville, TN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,513 | 7.13% |
| Mount Sterling, KY (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $7,459 | 8.38% |
| Storm Lake, IA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,939 | 5.63% |
| Arcadia, FL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $12,358 | 6.13% |
| Watertown, SD (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 10.50% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 9.63% |
| Clearlake, CA (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $5,809 | 6.06% |
| Fallon, NV (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $11,066 | 6.49% |
| LAFAYETTE, LA (FHA|USDA|VA) | 3 | $205,000 | $68,333 | $4,141 | 10.96% |
| Cañon City, CO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $8,881 | 6.88% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 11.13% |
| Durango, CO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 11.13% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 3 | $195,000 | $65,000 | $0 | 9.58% |
| GREAT FALLS, MT (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 5.88% |
| MADISON, WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 0.00% |
| Mountain Home, AR (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $3,624 | 10.06% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 11.38% |
| Atmore, AL (FHA|USDA|VA) | 3 | $175,000 | $58,333 | $0 | 9.79% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 11.00% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 3 | $165,000 | $55,000 | $0 | 10.21% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 8.00% |
| Price, UT (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $11,210 | 5.75% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,944 | 8.13% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 9.19% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 10.93% |
| Kinston, NC (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 9.88% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 9.50% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,561 | 6.13% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 8.88% |
| Mount Gay-Shamrock, WV (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 8.13% |
| Americus, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 8.13% |
| JEFFERSON CITY, MO (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 10.00% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 10.38% |
| Heber, UT (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 11.63% |
| MANKATO, MN (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 9.88% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $8,159 | 6.75% |
| FARMINGTON, NM (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,943 | 7.13% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 12.81% |
| Mitchell, SD (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 10.31% |
| Harrison, AR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,375 | 7.13% |
| Statesboro, GA (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 11.69% |
| Edwards, CO (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 10.44% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 11.69% |
| Martin, TN (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 9.63% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 9.94% |
| Butte-Silver Bow, MT (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 10.31% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.38% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 11.75% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 9.63% |
| BOISE CITY, ID (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 12.38% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,679 | 6.13% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $0 | 12.44% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 13.13% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 12.25% |
| CHARLESTON, WV (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,532 | 6.49% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 11.75% |
| Columbus, NE (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 13.50% |
| MONROE, LA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 10.25% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.63% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 9.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 9.75% |
| Aberdeen, SD (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.63% |
| Mount Airy, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 12.25% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 9.25% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.88% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 11.38% |
| Riverton, WY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.38% |
| Dublin, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.38% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 9.75% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 10.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 11.13% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 10.75% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 13.00% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 9.88% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $5,803 | 7.13% |
| AKRON, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.63% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.88% |
| Laconia, NH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.13% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.38% |
| KANKAKEE, IL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.38% |
| Murray, KY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.13% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 8.75% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 14.00% |
| Ontario, OR-ID (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 9.50% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.25% |
| Evanston, WY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 8.50% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 8.88% |
| Danville, VA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 9.99% |
| Cadillac, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 11.13% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.38% |
| Steamboat Springs, CO (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 9.88% |
| Bluefield, WV-VA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $5,452 | 7.25% |
| Batesville, AR (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 12.63% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 13.00% |
| WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 8.00% |
| Alexandria, MN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.50% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 8.63% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 9.88% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 11.63% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 11.88% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 10.25% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 10.50% |
| GADSDEN, AL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 12.13% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 10.38% |
| Stevens Point, WI (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 11.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against RESIDENTIAL BANCORP based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 42
Similarity Rank: 81
Similarity Rank: 120
Similarity Rank: 160
Similarity Rank: 180
Similarity Rank: 184
Similarity Rank: 205
Similarity Rank: 216
Similarity Rank: 264
Similarity Rank: 270
Product Mix
For 2024, Residential Bancorp's most frequently originated type of loan was Conventional, with 635 originations. Their 2nd most popular type was HELOC, with 598 originations.
Loan Reason
For 2024, Residential Bancorp's most frequently cited loan purpose was Other, with 759 originations. The 2nd most popular reason was Cash Out Refi, with 273 originations.
Loan Duration/Length
For 2024, Residential Bancorp's most frequently cited loan duration was 30 Year, with 930 originations. The 2nd most popular length was 20 Year, with 461 originations.
Origination Fees/Closing Costs
Residential Bancorp's average total fees were $11,826, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 343 originations.
Interest Rates
During 2024, Residential Bancorp's average interest rate for loans was 8.27%, while their most frequently originated rate bucket for loans was Over 8%, with 909 originations.
Loan Sizing
2024 saw Residential Bancorp place emphasis on $100,000 or less loans with 609 originations, totaling $39,415,000 in origination value.
Applicant Income
Residential Bancorp lent most frequently to those with incomes in the $100k-150k range, with 381 originations. The second most popular income band? $150k-250k, with 268 originations.
Applicant Debt to Income Ratio
Residential Bancorp lent most frequently to those with DTI ratios of 49%, with 224 originations. The next most common DTI ratio? 30-36%, with 168 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.61%
Residential Bancorp has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination-243.19%
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 |
|---|---|---|---|
| NA | 1,454 | $265,220,000 | $182,407 |