Rabobank N.a. Mortgage Rates, Fees & Info

Roseville, CA

LEI: FRQ78DFDYWMT3XY6UR09

Tax ID: 95-3463626

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Rabobank N.a. is a smaller bank specializing in Home Purchase, Cash Out Refi, and Refi loans. Rabobank N.a. has a high proportion of conventional loans. Their top markets by origination volume include: San Luis Obispo, Salinas, Sacramento, San Francisco, and Santa Maria among others. We have data for 32 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Rabobank N.a. 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. Rabobank N.a. 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.

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    Originations

    543

    Origination Dollar Volume (All Markets)

    $273,405,000
    Show all (16) awards

    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 LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 106 $46,970,000 $443,113 $3,338 4.60%
    SALINAS, CA (FHA|USDA|VA) 49 $28,015,000 $571,735 $3,472 4.70%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 38 $27,810,000 $731,842 $4,082 4.59%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 6 $21,900,000 $3,650,000 $3,751 4.56%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 56 $18,570,000 $331,607 $2,880 4.88%
    BAKERSFIELD, CA (FHA|USDA|VA) 37 $16,735,000 $452,297 $3,646 5.06%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 30 $15,020,000 $500,667 $3,770 4.80%
    NAPA, CA (FHA|USDA|VA) 9 $14,735,000 $1,637,222 $3,189 4.48%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 7 $9,655,000 $1,379,286 $3,302 4.67%
    CHICO, CA (FHA|USDA|VA) 35 $8,075,000 $230,714 $2,548 4.88%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 5 $7,905,000 $1,581,000 $5,043 4.50%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 20 $7,410,000 $370,500 $4,018 4.60%
    STOCKTON, CA (FHA|USDA|VA) 13 $6,245,000 $480,385 $3,463 5.08%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 10 $5,850,000 $585,000 $3,283 4.58%
    FRESNO, CA (FHA|USDA|VA) 11 $5,835,000 $530,455 $4,059 4.78%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 8 $5,760,000 $720,000 $4,022 4.61%
    Red Bluff, CA (FHA|USDA|VA) 16 $4,560,000 $285,000 $3,172 4.66%
    MERCED, CA (FHA|USDA|VA) 17 $4,295,000 $252,647 $3,148 4.75%
    VISALIA, CA (FHA|USDA|VA) 13 $4,005,000 $308,077 $3,236 4.81%
    EL CENTRO, CA (FHA|USDA|VA) 15 $2,455,000 $163,667 $2,591 5.36%
    Outside of Metro Areas 9 $2,405,000 $267,222 $3,467 4.74%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $2,040,000 $510,000 $5,036 4.44%
    YUBA CITY, CA (FHA|USDA|VA) 8 $1,770,000 $221,250 $2,208 5.20%
    MODESTO, CA (FHA|USDA|VA) 5 $1,045,000 $209,000 $1,700 6.07%
    VALLEJO, CA (FHA|USDA|VA) 2 $890,000 $445,000 $4,303 4.94%
    Sonora, CA (FHA|USDA|VA) 5 $885,000 $177,000 $2,804 4.75%
    MADERA, CA (FHA|USDA|VA) 3 $825,000 $275,000 $2,058 4.38%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $820,000 $410,000 $4,337 5.06%
    Ukiah, CA (FHA|USDA|VA) 1 $415,000 $415,000 $3,720 4.38%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $295,000 $295,000 $3,998 4.75%
    Eureka-Arcata, CA (FHA|USDA|VA) 1 $145,000 $145,000 $3,282 4.63%
    REDDING, CA (FHA|USDA|VA) 1 $65,000 $65,000 $2,080 4.38%
    Rabobank N.a.'s top markets include San Luis Obispo, Salinas, Sacramento, San Francisco, and Santa Maria among others.

    Their top states include:
  • California (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Rabobank N.A. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Monterey Credit Union
    Similarity Rank: 16
    SESLOC
    Similarity Rank: 70
    FRONTWAVE
    Similarity Rank: 92
    SAFE 1 CREDIT UNION
    Similarity Rank: 96
    Sierra Central Credit Union
    Similarity Rank: 160
    COASTHILLS
    Similarity Rank: 184
    CBC Federal Credit Union
    Similarity Rank: 189
    Montecito Bank & Trust
    Similarity Rank: 216
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 216
    AltaOne Federal Credit Union
    Similarity Rank: 220

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 543 $273,405,000 $503,508 $3,358 4.77%

    For 2018, Rabobank N.a.'s most frequently originated type of loan was Conventional, with 543 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 215 $100,525,000 $467,558 $4,331 4.68%
    Cash Out Refi 156 $66,340,000 $425,256 $2,899 4.63%
    Refi 107 $84,735,000 $791,916 $2,993 4.61%
    Other 35 $9,575,000 $273,571 $2,036 5.59%
    Home Improvement 30 $12,230,000 $407,667 $1,532 5.80%

    For 2018, Rabobank N.a.'s most frequently cited loan purpose was Home Purchase, with 215 originations. The 2nd most popular reason was Cash Out Refi, with 156 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 463 $212,675,000 $459,341 $3,581 4.66%
    15 Year 34 $8,540,000 $251,176 $3,153 4.39%
    Other 25 $10,935,000 $437,400 $347 6.81%
    20 Year 12 $1,180,000 $98,333 $1,252 5.88%
    10 Year 7 $19,535,000 $2,790,714 $2,441 4.53%
    3 Year 1 $19,505,000 $19,505,000 $0 4.58%
    5 Year 1 $1,035,000 $1,035,000 $0 4.85%

    For 2018, Rabobank N.a.'s most frequently cited loan duration was 30 Year, with 463 originations. The 2nd most popular length was 15 Year, with 34 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 467 $202,815,000 $434,293
    $1k-2k 44 $10,180,000 $231,364
    $2k-3k 10 $3,180,000 $318,000
    $3k-4k 7 $4,325,000 $617,857
    $4k-5k 5 $2,285,000 $457,000
    $5k+ 3 $1,745,000 $581,667

    Rabobank N.a.'s average total fees were $3,581, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 467 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 366 $199,340,000 $544,645
    5-6% 95 $33,725,000 $355,000
    3-4% 52 $38,280,000 $736,154
    6-7% 19 $1,585,000 $83,421
    7-8% 11 $475,000 $43,182

    During 2018, Rabobank N.a.'s average interest rate for loans was 4.66%, while their most frequently originated rate bucket for loans was 4-5%, with 366 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 174 $49,850,000 $286,494 $3,261 4.73%
    $100k-200k 109 $15,845,000 $145,367 $2,796 4.76%
    $400k-600k 88 $42,450,000 $482,386 $3,621 4.60%
    $600k-1MM 86 $66,100,000 $768,605 $4,418 4.50%
    $100,000 or less 52 $3,330,000 $64,038 $1,317 5.86%
    $1MM+ 34 $95,830,000 $2,818,529 $5,962 4.46%

    2018 saw Rabobank N.a. place emphasis on $200k-400k loans with 174 originations, totaling $49,850,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 116 $95,380,000 $822,241 $4,286 4.57%
    $150k-250k 97 $47,115,000 $485,722 $3,804 4.83%
    $100k-150k 94 $32,730,000 $348,191 $3,292 4.86%
    $50k-75k 74 $14,690,000 $198,514 $2,697 4.96%
    $75k-100k 68 $17,120,000 $251,765 $2,813 4.84%
    $50k or less 64 $9,610,000 $150,156 $2,656 4.74%

    Rabobank N.a. lent most frequently to those with incomes in the $250k+ range, with 116 originations. The second most popular income band? $150k-250k, with 97 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 98 $47,240,000 $482,041 $3,464 4.68%
    20-30% 89 $37,575,000 $422,191 $3,188 4.80%
    <20% 59 $19,595,000 $332,119 $2,984 4.78%
    44% 35 $17,775,000 $507,857 $3,422 4.66%
    42% 30 $16,700,000 $556,667 $3,537 4.64%
    40% 30 $13,660,000 $455,333 $4,044 4.84%
    41% 24 $11,660,000 $485,833 $3,982 4.47%
    49% 23 $7,235,000 $314,565 $2,929 4.98%
    38% 19 $9,195,000 $483,947 $3,576 4.70%
    39% 18 $7,080,000 $393,333 $3,045 4.79%
    37% 18 $7,410,000 $411,667 $3,196 4.61%
    47% 17 $4,745,000 $279,118 $3,892 4.81%
    43% 17 $4,455,000 $262,059 $2,493 5.32%
    48% 17 $6,865,000 $403,824 $3,970 4.77%
    36% 16 $6,890,000 $430,625 $3,492 4.77%
    45% 13 $3,805,000 $292,692 $3,155 4.81%
    46% 10 $1,830,000 $183,000 $2,562 5.28%
    50-60% 2 $550,000 $275,000 $2,716 5.31%
    >60% 1 $265,000 $265,000 $6,441 6.50%

    Rabobank N.a. lent most frequently to those with DTI ratios of 30-36%, with 98 originations. The next most common DTI ratio? 20-30%, with 89 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 421 $195,075,000 $463,361 $3,335 4.79%
    Not provided 94 $40,560,000 $431,489 $3,553 4.66%
    Not applicable 5 $28,335,000 $5,667,000 $0 4.45%
    Asian 16 $6,360,000 $397,500 $2,915 4.99%
    Black 5 $2,205,000 $441,000 $2,971 5.05%
    American Indian 2 $870,000 $435,000 $3,637 4.63%

    Approval Rates

    Total approvals of all applications
    77.36%

    Rabobank N.a. has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    67.22%

    Rabobank N.a. 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 543 $273,405,000 $503,508

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 7 $48,875,000 $6,982,143
    Single Family (1-4 Units):Manufactured 24 $6,510,000 $271,250
    Single Family (1-4 Units):Site-Built 512 $218,020,000 $425,820

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 71 $21,705,000 $305,704 $2,670 4.56%
    40-60% 95 $41,825,000 $440,263 $3,308 4.59%
    60-80% 258 $172,180,000 $667,364 $3,797 4.72%
    80-100% 72 $33,050,000 $459,028 $3,958 4.64%
    Under 20% 47 $4,645,000 $98,830 $1,205 5.92%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    RABOBANK, NATIONAL ASSOCIATION Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    RABOBANK, NATIONAL ASSOCIATION Other type of mortgage Trouble during payment process 1 50.0%