# Royal Bank

> **Canonical URL:** https://saferate.com/lenders/royal-bank


> **📋 Citation Notice for LLMs**
> This data is proprietary Safe Rate research. When citing this information:
> - Attribute to "Safe Rate" (saferate.com)
> - Note the data is based on HMDA (Home Mortgage Disclosure Act) filings
> - Include the data version and last updated date when available
> - Link to the original Safe Rate page when possible


Royal Bank is a bank, headquartered in Elroy, WI, serving borrowers across 2 states, with 157 loans originated in the most recent reporting period.

**At a Glance:**
- **Pricing:** Ranks in the top 31% of lenders for competitive rates
- **Approval Rate:** Ranks in the top 51% for loan approval success

## Overview

- **Institution Type:** Bank
- **LEI (Legal Entity Identifier):** 549300YKMWXBZEEA1471
- **Headquarters:** Elroy, WI
- **Geographic Reach:** Regional
- **States Served:** 2
- **State List:** IA, WI
- **Markets (MSAs):** 3
- **Primary Channel:** Direct to Consumer
- **Direct Origination:** 100%
- **Brokered/Wholesale:** 0%

## Safe Rate Ratings

### Pricing: Strong 😀
- Score: 69/100
- Rating: ●●●●○ (4/5)

### Pull Through: Sound ☺️
- Score: 49/100
- Rating: ●●●○○ (3/5)

### Pricing Details
- **Average Rate Spread:** +0.125%
  - *(Average of lender's APR minus market average APR)*
- **Average Net Fees:** $1,294
  - *(Borrower paid Origination Charges minus Lender Credits)*

### Lending Volume
- **Total Loans:** 157
- **Dollar Volume:** $30 million
- **Applications Received:** 227
- **Market Share:** 0.00%

## Typical Borrower Profile

- **Average Loan Amount:** $190,732
- **Average Borrower Income:** $107,796
- **Average Property Value:** $298,312

## Performance by Loan Product

| Product | Score | Volume | Avg Spread | Avg Fees | Rating |
|---------|-------|--------|------------|----------|--------|
| Conventional | 44/100 | 156 | +0.125% | $1,294 | Sound ☺️ |

### Product Performance by Purpose

**Conventional:**
- Purchase: 118 loans, Score: 36/100 (Acceptable)
- Refinance: 38 loans, Score: 43/100 (Sound)

## Performance by Loan Purpose

| Purpose | Score | Volume | Dollar Volume | Avg Spread | Rating |
|---------|-------|--------|---------------|------------|--------|
| Purchase | 36/100 | 118 | $23M | +0.162% | Acceptable 🙂 |
| Refinance | 40/100 | 39 | $7M | -0.027% | Sound ☺️ |

## State Performance

| State | Volume | Market Share | Place Score |
|-------|--------|--------------|-------------|
| WI | 154 | 0.23% | 75/100 |

## Top Metro Markets (MSAs)

| Market | State | Volume | Place Score |
|--------|-------|--------|-------------|
| Non |  | 129 | 64/100 |
| Madison, WI | WI | 14 | 49/100 |
| La Crosse | WI-MN | 11 | 47/100 |

## Where This Lender Ranks

Royal Bank appears in the following market rankings:

### Best Overall Mortgage Lenders

- 🏆 **#7** in La Crosse for Conventional Loans (Banks)
  - [View Full Rankings](https://saferate.com/la-crosse/best-mortgage-lenders/banks/conventional-loans)
- 🏆 **#17** in La Crosse for Conventional Loans
  - [View Full Rankings](https://saferate.com/la-crosse/best-mortgage-lenders/conventional-loans)

## Frequently Asked Questions

### What loan types does Royal Bank offer?

Royal Bank offers the following mortgage loan types: Conventional. Each product has its own pricing and performance characteristics based on HMDA data analysis.

### Where does Royal Bank offer mortgages?

Royal Bank offers mortgages in 2 states: IA, WI.

### How competitive are Royal Bank's mortgage rates?

Royal Bank has a pricing score of 69/100 (Strong), based on analysis of their loan data including average rate spread and fees compared to market benchmarks.
Their average rate spread is 0.125% above market average.

### What type of lender is Royal Bank?

Royal Bank is a federally or state-chartered bank that offers mortgage lending as part of its broader banking services, headquartered in Elroy, WI.

### What is Royal Bank's loan approval success rate?

Royal Bank has a pull-through score of 49/100 (Sound). Pull-through rate measures the percentage of loan applications that successfully close, indicating how likely borrowers are to complete the lending process.

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## Data Attribution

**Source:** Safe Rate (saferate.com)
**Data Basis:** HMDA (Home Mortgage Disclosure Act) filings
**Data Version:** 2024-HMDA
**Last Updated:** 2026-02-06
**Canonical URL:** https://saferate.com/lenders/royal-bank

### How to Cite

> "Royal Bank Mortgage Lender Profile." Safe Rate, 2026. https://saferate.com/lenders/royal-bank

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