Umpqua Bank Mortgage Rates, Fees & Info
Roseburg, ORLEI: IFQSIUC9AGQV2NE8CN25
Tax ID: 93-0419143
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Mortgage Data
Review & Overview
Umpqua Bank is a small bank specializing in Home Purchase loans. Umpqua Bank has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Seattle, Portland, Eugene, Bend, and Salem among others. We have data for 101 markets. (Some data included below & more in-depth data is available with an active subscription.)Umpqua Bank has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Umpqua Bank 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.73% | 11/17/24 |
| 30 Year Conventional Purchase | 6.50% | 11/17/24 |
| 30 Year Conventional Refi | 6.46% | 11/17/24 |
| 30 Year Cash-out Refi | 6.73% | 11/17/24 |
| 30 Year FHA Purchase | 7.50% | 11/17/24 |
| 30 Year FHA Refi | 7.73% | 11/17/24 |
| 30 Year VA Purchase | 6.37% | 11/17/24 |
| 30 Year VA Refi | 6.03% | 11/17/24 |
| 30 Year USDA Purchase | 6.52% | 11/17/24 |
| 15 Year Conventional Purchase | 6.09% | 11/17/24 |
| 15 Year Conventional Refi | 6.09% | 11/17/24 |
| 15 Year Cash-out Refi | 6.09% | 11/17/24 |
| 15 Year VA Refi | 5.68% | 11/17/24 |
| 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. | ||
Umpqua Bank Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Umpqua Bank. 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
5,359Origination Dollar Volume (All Markets)
$1,566,455,000Awards
Umpqua Bank - 2023
Umpqua Bank is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Umpqua Bank's average 30 year fixed mortgage rate was
8.29%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 1.81%.
Relative Fees (Closing Costs)
Umpqua Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $8,345.
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 $9,089.
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 |
|---|---|---|---|---|---|
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 958 | $350,070,000 | $365,418 | $8,726 | 8.22% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 682 | $204,910,000 | $300,455 | $8,442 | 8.25% |
| Outside of Metro Areas | 318 | $74,870,000 | $235,440 | $7,533 | 7.96% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 187 | $54,205,000 | $289,866 | $9,355 | 7.94% |
| BEND, OR (FHA|USDA|VA) | 153 | $52,245,000 | $341,471 | $9,430 | 8.09% |
| SALEM, OR (FHA|USDA|VA) | 180 | $50,500,000 | $280,556 | $10,125 | 8.12% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 139 | $44,255,000 | $318,381 | $7,941 | 7.96% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 133 | $43,725,000 | $328,759 | $9,948 | 8.42% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 172 | $33,180,000 | $192,907 | $7,605 | 8.76% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 128 | $32,110,000 | $250,859 | $11,064 | 8.10% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 57 | $31,715,000 | $556,404 | $13,050 | 8.29% |
| MEDFORD, OR (FHA|USDA|VA) | 111 | $27,375,000 | $246,622 | $6,158 | 8.14% |
| Ellensburg, WA (FHA|USDA|VA) | 76 | $25,530,000 | $335,921 | $8,671 | 7.90% |
| Roseburg, OR (FHA|USDA|VA) | 140 | $24,340,000 | $173,857 | $7,587 | 8.05% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 79 | $23,825,000 | $301,582 | $8,785 | 8.03% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 23 | $21,515,000 | $935,435 | $5,756 | 7.81% |
| Outside of Metro Areas | 81 | $21,415,000 | $264,383 | $8,261 | 7.93% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 99 | $20,255,000 | $204,596 | $8,228 | 8.13% |
| CORVALLIS, OR (FHA|USDA|VA) | 66 | $20,150,000 | $305,303 | $8,240 | 7.90% |
| RENO, NV (FHA|USDA|VA) | 42 | $16,980,000 | $404,286 | $3,588 | 8.69% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 19 | $15,885,000 | $836,053 | $4,068 | 8.14% |
| YAKIMA, WA (FHA|USDA|VA) | 40 | $15,830,000 | $395,750 | $6,274 | 8.38% |
| BOISE CITY, ID (FHA|USDA|VA) | 50 | $14,300,000 | $286,000 | $11,165 | 7.53% |
| LONGVIEW, WA (FHA|USDA|VA) | 51 | $14,285,000 | $280,098 | $7,634 | 8.08% |
| Newport, OR (FHA|USDA|VA) | 71 | $13,825,000 | $194,718 | $7,964 | 8.09% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 50 | $13,380,000 | $267,600 | $7,156 | 8.20% |
| BELLINGHAM, WA (FHA|USDA|VA) | 75 | $12,575,000 | $167,667 | $6,833 | 8.49% |
| Coos Bay, OR (FHA|USDA|VA) | 88 | $12,210,000 | $138,750 | $7,509 | 8.76% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 19 | $12,165,000 | $640,263 | $6,151 | 8.26% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 47 | $12,065,000 | $256,702 | $7,463 | 8.09% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 52 | $11,800,000 | $226,923 | $10,273 | 7.60% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 14 | $11,370,000 | $812,143 | $9,221 | 7.39% |
| Astoria, OR (FHA|USDA|VA) | 24 | $11,210,000 | $467,083 | $6,730 | 8.16% |
| WENATCHEE, WA (FHA|USDA|VA) | 36 | $10,760,000 | $298,889 | $9,031 | 8.00% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 52 | $10,250,000 | $197,115 | $10,978 | 8.07% |
| Klamath Falls, OR (FHA|USDA|VA) | 65 | $10,005,000 | $153,923 | $6,795 | 8.10% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 30 | $9,560,000 | $318,667 | $12,213 | 7.89% |
| Ukiah, CA (FHA|USDA|VA) | 30 | $9,470,000 | $315,667 | $9,547 | 7.42% |
| NAPA, CA (FHA|USDA|VA) | 17 | $8,835,000 | $519,706 | $9,526 | 7.96% |
| Moses Lake, WA (FHA|USDA|VA) | 32 | $8,320,000 | $260,000 | $7,658 | 8.71% |
| Hood River, OR (FHA|USDA|VA) | 23 | $8,055,000 | $350,217 | $7,956 | 8.54% |
| Sandpoint, ID (FHA|USDA|VA) | 30 | $7,930,000 | $264,333 | $9,231 | 7.95% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 13 | $7,785,000 | $598,846 | $6,775 | 8.28% |
| WALLA WALLA, WA (FHA|USDA|VA) | 17 | $7,515,000 | $442,059 | $13,794 | 8.09% |
| Centralia, WA (FHA|USDA|VA) | 40 | $7,200,000 | $180,000 | $7,978 | 8.42% |
| REDDING, CA (FHA|USDA|VA) | 30 | $7,110,000 | $237,000 | $6,950 | 8.08% |
| Brookings, OR (FHA|USDA|VA) | 41 | $6,645,000 | $162,073 | $7,455 | 8.64% |
| VALLEJO, CA (FHA|USDA|VA) | 27 | $6,165,000 | $228,333 | $6,148 | 8.19% |
| Prineville, OR (FHA|USDA|VA) | 20 | $5,780,000 | $289,000 | $8,570 | 7.66% |
| Shelton, WA (FHA|USDA|VA) | 16 | $5,670,000 | $354,375 | $5,313 | 7.61% |
| YUBA CITY, CA (FHA|USDA|VA) | 28 | $5,610,000 | $200,357 | $6,094 | 8.48% |
| GRANTS PASS, OR (FHA|USDA|VA) | 33 | $5,495,000 | $166,515 | $11,591 | 8.32% |
| La Grande, OR (FHA|USDA|VA) | 32 | $5,330,000 | $166,563 | $10,965 | 8.49% |
| STOCKTON, CA (FHA|USDA|VA) | 21 | $5,175,000 | $246,429 | $9,152 | 7.91% |
| MODESTO, CA (FHA|USDA|VA) | 24 | $5,060,000 | $210,833 | $8,385 | 7.65% |
| Oak Harbor, WA (FHA|USDA|VA) | 15 | $4,495,000 | $299,667 | $0 | 8.66% |
| Aberdeen, WA (FHA|USDA|VA) | 25 | $4,035,000 | $161,400 | $8,536 | 8.55% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 22 | $3,980,000 | $180,909 | $8,083 | 8.39% |
| The Dalles, OR (FHA|USDA|VA) | 18 | $3,780,000 | $210,000 | $9,087 | 8.14% |
| CHICO, CA (FHA|USDA|VA) | 21 | $3,215,000 | $153,095 | $6,891 | 8.12% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 8 | $3,160,000 | $395,000 | $6,507 | 8.19% |
| Clearlake, CA (FHA|USDA|VA) | 18 | $2,830,000 | $157,222 | $5,292 | 8.00% |
| Othello, WA (FHA|USDA|VA) | 14 | $2,380,000 | $170,000 | $6,387 | 7.85% |
| Red Bluff, CA (FHA|USDA|VA) | 17 | $2,255,000 | $132,647 | $7,769 | 9.14% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 9 | $2,215,000 | $246,111 | $13,459 | 9.27% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 4 | $2,120,000 | $530,000 | $11,436 | 8.91% |
| Moscow, ID (FHA|USDA|VA) | 13 | $2,035,000 | $156,538 | $5,499 | 8.65% |
| Ontario, OR-ID (FHA|USDA|VA) | 15 | $1,965,000 | $131,000 | $4,178 | 8.07% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 5 | $1,865,000 | $373,000 | $7,438 | 8.43% |
| Port Angeles, WA (FHA|USDA|VA) | 10 | $1,700,000 | $170,000 | $6,781 | 8.21% |
| Pullman, WA (FHA|USDA|VA) | 11 | $1,405,000 | $127,727 | $6,013 | 8.40% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 4 | $1,270,000 | $317,500 | $6,964 | 7.19% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $1,245,000 | $1,245,000 | $12,586 | 6.75% |
| Sonora, CA (FHA|USDA|VA) | 10 | $1,210,000 | $121,000 | $0 | 9.52% |
| MISSOULA, MT (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $5,913 | 6.63% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $4,794 | 6.81% |
| Crescent City, CA (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $11,518 | 7.75% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $685,000 | $685,000 | $3,725 | 7.25% |
| CASPER, WY (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $11,245 | 7.25% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $3,397 | 6.75% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $10,848 | 6.75% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 6.30% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $6,144 | 7.19% |
| POCATELLO, ID (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $5,309 | 6.38% |
| MERCED, CA (FHA|USDA|VA) | 4 | $470,000 | $117,500 | $4,366 | 6.78% |
| Hailey, ID (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 8.50% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $9,576 | 5.88% |
| Mountain Home, ID (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $9,496 | 6.38% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $5,244 | 7.88% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $8,681 | 7.88% |
| Burley, ID (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $9,224 | 6.69% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 9.00% |
| Elko, NV (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,750 | 6.88% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $6,961 | 6.63% |
| TWIN FALLS, ID (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 8.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 10.23% |
| FRESNO, CA (FHA|USDA|VA) | 2 | $90,000 | $45,000 | $0 | 10.38% |
| Fernley, NV (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 9.50% |
| Fallon, NV (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 8.50% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 11.75% |
| Helena, MT (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,132 | 6.88% |
Similar Lenders
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Product Mix
For 2023, Umpqua Bank's most frequently originated type of loan was HELOC, with 3,662 originations. Their 2nd most popular type was Conventional, with 1,503 originations.
Loan Reason
For 2023, Umpqua Bank's most frequently cited loan purpose was Home Improvement, with 1,703 originations. The 2nd most popular reason was Home Purchase, with 1,473 originations.
Loan Duration/Length
For 2023, Umpqua Bank's most frequently cited loan duration was 30 Year, with 4,830 originations. The 2nd most popular length was Other, with 258 originations.
Origination Fees/Closing Costs
Umpqua Bank's average total fees were $8,345, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 682 originations.
Interest Rates
During 2023, Umpqua Bank's average interest rate for loans was 8.29%, while their most frequently originated rate bucket for loans was Over 8%, with 3,322 originations.
Loan Sizing
2023 saw Umpqua Bank place emphasis on $100,000 or less loans with 1,454 originations, totaling $82,210,000 in origination value.
Applicant Income
Umpqua Bank lent most frequently to those with incomes in the $100k-150k range, with 1,230 originations. The second most popular income band? $150k-250k, with 1,201 originations.
Applicant Debt to Income Ratio
Umpqua Bank lent most frequently to those with DTI ratios of 20-30%, with 922 originations. The next most common DTI ratio? 30-36%, with 822 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications81.01%
Umpqua Bank has a below average approval rate.
Pick Rate
Approvals leading to origination84.03%
Umpqua Bank has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 5,359 | $1,566,455,000 | $292,304 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 5,359 | $1,566,455,000 | $292,304 |