Riverview Bank Mortgage Lending & HMDA Data, 2024

In 2024, Riverview Bank of Vancouver, WA reported 23 mortgage applications totaling $7.3 million, down 49% from 2023. The average application was for $318,043, and applicants reported an average income of $147,000. 26% of its applications resulted in an originated loan and 22% were denied. Its largest markets were Portland-Vancouver-Hillsboro, OR-WA (15), Longview, WA (3) and Anaheim-Santa Ana-Irvine, CA (1) (applications in parentheses).

Mortgage Company & Address Riverview Bank
Po Box 872290
Vancouver, WA 98687
Federal Regulator * available with data download
Years 2025  2024  2023  
Total Number of Mortgage Applications 23
Total Mortgage Loan Application Amount $7,315,000
Average Mortgage Loan Application Amount $318,043
Highest Mortgage Loan Application Amount $695,000
Average Applicant Income $147,000
Highest Applicant Income $864,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Riverview Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Riverview Bank by Metropolitan Area in 2024

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Portland-Vancouver-Hillsboro, OR-WA 15 $ 5,255,000 $ 350,333 $ 99,333
Longview, WA 3 $ 795,000 $ 265,000 $ 98,000
Outside any metro area 3 $ 835,000 $ 278,333 $ 373,000
Anaheim-Santa Ana-Irvine, CA 1 $ 175,000 $ 175,000 $ 55,000
Lake Havasu City-Kingman, AZ 1 $ 255,000 $ 255,000 $ 83,000

Mortgage Loan Application Detail Totals for Riverview Bank in 2024

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 10 $3,390,000 $339,000 $655,000 $183,000 $864,000
Cash-out Refinancing 9 $2,415,000 $268,000 $605,000 $107,000 $286,000
Refinancing 4 $1,510,000 $377,000 $695,000 $0 $0
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 10 $2,670,000 $267,000 $505,000 $159,000 $864,000
Not applicable 5 $1,715,000 $343,000 $695,000 $0 $0
Hispanic 5 $1,815,000 $363,000 $605,000 $122,000 $230,000
Not Provided 3 $1,115,000 $371,000 $655,000 $135,000 $286,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 23 $7,315,000 $318,000 $695,000 $145,000 $864,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Application Withdrawn By Applicant 10 $2,560,000 $256,000 $495,000 $97,000 $286,000
Loan Originated 6 $2,170,000 $361,000 $695,000 $91,000 $91,000
Application Denied By Financial Institution 5 $1,825,000 $365,000 $655,000 $232,000 $864,000
File Closed For Incompleteness 2 $760,000 $380,000 $505,000 $193,000 $230,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Debt-To-Income Ratio 23 $7,315,000 $318,000 $695,000 $145,000 $864,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Riverview Bank's 2024 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Riverview Bank's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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