Embrace Home Loans Mortgage Rates, Fees & Info

MIDDLETOWN, RI

LEI: 213800QUAI2VH5YM6310

Tax ID: 05-0402708

3.7 stars - Updated: 7/13/25 - out of 5 stars, based on 69 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Embrace Home Loans is a small mortgage company specializing in Home Purchase loans. Embrace Home Loans has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Washington, New York, Baltimore, Boston, and Tampa among others. We have data for 221 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Embrace Home Loans 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. Embrace Home Loans is typically an average 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.

    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 7.05% 7/13/25
    30 Year Conventional Refi 6.93% 7/13/25
    30 Year Cash-out Refi 7.37% 7/13/25
    30 Year FHA Purchase 7.23% 7/13/25
    30 Year FHA Refi 6.93% 7/13/25
    30 Year VA Purchase 6.36% 7/13/25
    30 Year VA Refi 6.08% 7/13/25
    30 Year USDA Purchase 6.95% 7/13/25
    30 Year USDA Refi 6.40% 7/13/25
    15 Year Conventional Purchase 6.42% 7/13/25
    15 Year Conventional Refi 6.13% 7/13/25
    15 Year Cash-out Refi 6.13% 7/13/25
    15 Year VA Purchase 5.70% 7/13/25
    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.

    Embrace Home Loans Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Embrace Home Loans. 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

    4,738

    Origination Dollar Volume (All Markets)

    $2,159,010,000
    Show all (7) awards

    Relative Rate

    Embrace Home Loans's average 30 year fixed mortgage rate was 6.68%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of 0.13%.

    Relative Fees (Closing Costs)

    Embrace Home Loans's average total fees/closing costs for a 30 year fixed rate mortgage were $9,270.

    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
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1,047 $575,155,000 $549,336 $10,197 6.62%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1,018 $568,540,000 $558,487 $8,880 6.77%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 269 $120,665,000 $448,569 $10,345 6.71%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 136 $80,850,000 $594,485 $8,132 6.73%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 198 $71,150,000 $359,343 $10,551 6.65%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 117 $55,675,000 $475,855 $10,292 6.68%
    Outside of Metro Areas 146 $53,230,000 $364,589 $8,583 6.71%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 158 $52,450,000 $331,962 $10,245 6.55%
    MOBILE, AL (FHA|USDA|VA) 241 $48,585,000 $201,598 $7,743 6.58%
    SALISBURY, MD-DE (FHA|USDA|VA) 121 $39,695,000 $328,058 $9,331 6.80%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 106 $38,520,000 $363,396 $8,521 6.74%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 78 $25,420,000 $325,897 $14,002 6.20%
    LYNCHBURG, VA (FHA|USDA|VA) 79 $20,565,000 $260,316 $7,460 6.72%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 56 $17,420,000 $311,071 $8,662 6.60%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 33 $16,375,000 $496,212 $11,075 6.94%
    WORCESTER, MA-CT (FHA|USDA|VA) 38 $15,870,000 $417,632 $6,910 6.83%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 33 $15,055,000 $456,212 $4,739 6.82%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 22 $14,220,000 $646,364 $6,023 7.05%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 42 $13,120,000 $312,381 $8,015 6.70%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 13 $13,085,000 $1,006,538 $7,679 6.71%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 18 $11,980,000 $665,556 $7,932 6.77%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 13 $11,905,000 $915,769 $6,766 6.57%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 17 $11,255,000 $662,059 $11,704 7.12%
    RICHMOND, VA (FHA|USDA|VA) 21 $9,355,000 $445,476 $9,177 6.44%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 30 $9,180,000 $306,000 $9,619 6.52%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 20 $8,850,000 $442,500 $7,485 6.65%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 21 $7,615,000 $362,619 $10,567 6.84%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 17 $7,395,000 $435,000 $9,265 6.82%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 12 $6,800,000 $566,667 $7,409 6.52%
    OCALA, FL (FHA|USDA|VA) 19 $6,385,000 $336,053 $6,277 5.94%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 14 $6,270,000 $447,857 $7,032 6.70%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 22 $5,960,000 $270,909 $9,706 6.56%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 12 $5,910,000 $492,500 $9,396 6.98%
    PUNTA GORDA, FL (FHA|USDA|VA) 17 $5,355,000 $315,000 $13,924 6.35%
    YORK-HANOVER, PA (FHA|USDA|VA) 15 $5,355,000 $357,000 $9,318 6.22%
    ROANOKE, VA (FHA|USDA|VA) 20 $5,350,000 $267,500 $7,903 6.70%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 12 $5,040,000 $420,000 $6,514 6.97%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 9 $4,545,000 $505,000 $9,182 6.72%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 11 $4,515,000 $410,455 $8,837 7.02%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 15 $4,485,000 $299,000 $10,767 6.74%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 11 $4,465,000 $405,909 $7,093 6.94%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 10 $4,330,000 $433,000 $8,002 6.35%
    DOVER, DE (FHA|USDA|VA) 13 $4,275,000 $328,846 $12,380 6.26%
    WINCHESTER, VA-WV (FHA|USDA|VA) 13 $4,015,000 $308,846 $9,366 6.35%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 6 $3,790,000 $631,667 $6,003 6.54%
    STAUNTON, VA (FHA|USDA|VA) 13 $3,695,000 $284,231 $5,536 6.72%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $3,465,000 $693,000 $7,878 6.77%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $3,330,000 $555,000 $7,675 6.81%
    Cookeville, TN (FHA|USDA|VA) 13 $3,325,000 $255,769 $10,536 6.41%
    GETTYSBURG, PA (FHA|USDA|VA) 10 $3,020,000 $302,000 $9,135 7.04%
    BANGOR, ME (FHA|USDA|VA) 13 $2,865,000 $220,385 $8,364 6.46%
    READING, PA (FHA|USDA|VA) 8 $2,800,000 $350,000 $8,960 6.94%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $2,780,000 $695,000 $9,581 6.56%
    RALEIGH-CARY, NC (FHA|USDA|VA) 7 $2,755,000 $393,571 $5,045 6.66%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 8 $2,600,000 $325,000 $9,045 7.42%
    Bozeman, MT (FHA|USDA|VA) 3 $2,525,000 $841,667 $7,527 6.08%
    SPRINGFIELD, MA (FHA|USDA|VA) 6 $2,370,000 $395,000 $6,362 7.04%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 10 $2,230,000 $223,000 $9,008 6.87%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 8 $2,220,000 $277,500 $4,339 5.31%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $2,165,000 $309,286 $10,977 6.82%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 3 $2,135,000 $711,667 $8,574 7.16%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $2,105,000 $2,105,000 $7,757 5.99%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 4 $2,100,000 $525,000 $8,925 6.81%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 5 $2,065,000 $413,000 $5,593 6.84%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $1,995,000 $1,995,000 $7,744 6.38%
    Concord, NH (FHA|USDA|VA) 6 $1,830,000 $305,000 $5,104 6.77%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 4 $1,810,000 $452,500 $9,213 7.06%
    Cambridge, MD (FHA|USDA|VA) 7 $1,785,000 $255,000 $9,887 6.46%
    JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,705,000 $341,000 $8,580 6.75%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $1,685,000 $561,667 $5,474 6.24%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 4 $1,620,000 $405,000 $6,172 6.44%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 5 $1,585,000 $317,000 $8,146 6.40%
    Augusta-Waterville, ME (FHA|USDA|VA) 6 $1,560,000 $260,000 $8,287 6.01%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $1,495,000 $1,495,000 $4,302 6.13%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 3 $1,425,000 $475,000 $4,429 7.13%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 5 $1,355,000 $271,000 $5,970 6.90%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 4 $1,250,000 $312,500 $9,409 6.47%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 3 $1,245,000 $415,000 $4,289 6.83%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $1,235,000 $411,667 $18,670 6.29%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 4 $1,150,000 $287,500 $6,421 6.34%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $1,150,000 $575,000 $6,070 6.81%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 3 $1,115,000 $371,667 $6,666 6.29%
    LANCASTER, PA (FHA|USDA|VA) 3 $1,095,000 $365,000 $6,436 6.83%
    WILMINGTON, NC (FHA|USDA|VA) 2 $1,090,000 $545,000 $5,271 6.63%
    Laconia, NH (FHA|USDA|VA) 3 $1,085,000 $361,667 $4,831 7.04%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 4 $1,070,000 $267,500 $8,907 6.69%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 3 $1,065,000 $355,000 $4,540 7.41%
    BOISE CITY, ID (FHA|USDA|VA) 2 $1,030,000 $515,000 $5,692 6.87%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $1,020,000 $510,000 $6,010 6.74%
    Kill Devil Hills, NC (FHA|USDA|VA) 2 $990,000 $495,000 $15,365 7.49%
    THE VILLAGES, FL (FHA|USDA|VA) 4 $980,000 $245,000 $4,994 6.59%
    Hudson, NY (FHA|USDA|VA) 2 $960,000 $480,000 $9,764 7.06%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 3 $945,000 $315,000 $4,210 6.83%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $925,000 $308,333 $6,307 6.91%
    LAKE CHARLES, LA (FHA|USDA|VA) 1 $885,000 $885,000 $6,464 6.25%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $860,000 $430,000 $5,140 6.56%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 3 $855,000 $285,000 $8,532 7.38%
    LAFAYETTE, LA (FHA|USDA|VA) 2 $840,000 $420,000 $16,557 6.49%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 3 $835,000 $278,333 $10,420 6.33%
    PITTSFIELD, MA (FHA|USDA|VA) 3 $835,000 $278,333 $9,933 6.71%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 4 $830,000 $207,500 $6,008 7.47%
    Morehead City, NC (FHA|USDA|VA) 1 $765,000 $765,000 $5,102 6.38%
    Keene, NH (FHA|USDA|VA) 1 $725,000 $725,000 $16,256 8.13%
    CLEVELAND, TN (FHA|USDA|VA) 1 $725,000 $725,000 $25,057 8.88%
    FAYETTEVILLE, NC (FHA|USDA|VA) 3 $705,000 $235,000 $7,082 6.50%
    Crossville, TN (FHA|USDA|VA) 3 $685,000 $228,333 $6,661 7.16%
    DULUTH, MN-WI (FHA|USDA|VA) 1 $665,000 $665,000 $5,305 7.38%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $655,000 $218,333 $4,233 7.79%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $655,000 $218,333 $8,604 6.54%
    JOHNSON CITY, TN (FHA|USDA|VA) 2 $650,000 $325,000 $7,862 6.25%
    KINGSTON, NY (FHA|USDA|VA) 2 $650,000 $325,000 $7,779 7.00%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $645,000 $645,000 $5,178 7.38%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $620,000 $310,000 $10,511 7.19%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $600,000 $300,000 $6,416 6.81%
    WICHITA, KS (FHA|USDA|VA) 1 $595,000 $595,000 $4,774 5.99%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 3 $585,000 $195,000 $6,562 7.25%
    DECATUR, AL (FHA|USDA|VA) 1 $575,000 $575,000 $4,986 5.99%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $570,000 $285,000 $4,148 7.38%
    Mountain Home, ID (FHA|USDA|VA) 1 $565,000 $565,000 $18,476 6.49%
    IOWA CITY, IA (FHA|USDA|VA) 1 $565,000 $565,000 $13,049 8.00%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 2 $560,000 $280,000 $3,545 6.81%
    MORRISTOWN, TN (FHA|USDA|VA) 1 $545,000 $545,000 $9,089 6.63%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $545,000 $545,000 $7,737 6.50%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $535,000 $178,333 $6,524 7.21%
    COLUMBUS, OH (FHA|USDA|VA) 2 $520,000 $260,000 $11,745 5.94%
    Lebanon, NH-VT (FHA|USDA|VA) 2 $500,000 $250,000 $8,456 7.19%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $490,000 $245,000 $6,818 5.75%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $475,000 $475,000 $16,946 6.25%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 2 $470,000 $235,000 $5,854 7.12%
    Mount Airy, NC (FHA|USDA|VA) 1 $465,000 $465,000 $14,745 6.63%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $455,000 $455,000 $4,410 6.63%
    APPLETON, WI (FHA|USDA|VA) 1 $455,000 $455,000 $4,914 7.38%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $445,000 $445,000 $4,345 6.13%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 1 $445,000 $445,000 $12,642 7.88%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $440,000 $220,000 $9,293 6.49%
    Plymouth, IN (FHA|USDA|VA) 1 $435,000 $435,000 $5,221 7.88%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $435,000 $435,000 $4,624 6.99%
    SALEM, OR (FHA|USDA|VA) 1 $435,000 $435,000 $5,676 6.50%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $425,000 $425,000 $21,219 5.99%
    FLINT, MI (FHA|USDA|VA) 1 $415,000 $415,000 $4,434 6.75%
    Pottsville, PA (FHA|USDA|VA) 1 $405,000 $405,000 $0 6.99%
    Albertville, AL (FHA|USDA|VA) 1 $405,000 $405,000 $8,140 6.38%
    Auburn, NY (FHA|USDA|VA) 1 $405,000 $405,000 $6,186 6.99%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $405,000 $405,000 $5,270 6.88%
    TYLER, TX (FHA|USDA|VA) 1 $405,000 $405,000 $5,587 7.49%
    SPRINGFIELD, MO (FHA|USDA|VA) 1 $405,000 $405,000 $4,038 6.49%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $395,000 $395,000 $4,664 6.49%
    MADERA, CA (FHA|USDA|VA) 1 $395,000 $395,000 $5,100 6.88%
    Forest City, NC (FHA|USDA|VA) 1 $385,000 $385,000 $5,158 7.13%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $375,000 $375,000 $8,579 6.63%
    Cullman, AL (FHA|USDA|VA) 1 $375,000 $375,000 $4,040 6.88%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $365,000 $365,000 $5,488 7.38%
    Mineral Wells, TX (FHA|USDA|VA) 1 $365,000 $365,000 $5,722 7.50%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $365,000 $365,000 $7,745 7.25%
    Danville, VA (FHA|USDA|VA) 2 $350,000 $175,000 $6,491 6.69%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $345,000 $345,000 $4,759 7.38%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $345,000 $345,000 $7,667 6.25%
    GREEN BAY, WI (FHA|USDA|VA) 1 $335,000 $335,000 $3,244 7.75%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $335,000 $335,000 $5,594 6.99%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $335,000 $335,000 $4,874 6.49%
    MANHATTAN, KS (FHA|USDA|VA) 1 $335,000 $335,000 $3,868 6.13%
    Watertown, SD (FHA|USDA|VA) 1 $335,000 $335,000 $3,914 7.88%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $330,000 $165,000 $8,244 6.81%
    WENATCHEE, WA (FHA|USDA|VA) 1 $325,000 $325,000 $4,516 6.99%
    Oxford, MS (FHA|USDA|VA) 1 $325,000 $325,000 $5,119 7.13%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $325,000 $325,000 $5,038 5.99%
    Wauchula, FL (FHA|USDA|VA) 1 $325,000 $325,000 $7,808 6.13%
    SAVANNAH, GA (FHA|USDA|VA) 1 $325,000 $325,000 $7,186 5.63%
    GRANTS PASS, OR (FHA|USDA|VA) 1 $325,000 $325,000 $4,719 5.25%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $315,000 $315,000 $2,822 6.99%
    ROCHESTER, NY (FHA|USDA|VA) 1 $315,000 $315,000 $6,256 6.50%
    Richmond, IN (FHA|USDA|VA) 1 $305,000 $305,000 $4,461 6.75%
    TWIN FALLS, ID (FHA|USDA|VA) 1 $305,000 $305,000 $12,784 5.99%
    Orangeburg, SC (FHA|USDA|VA) 1 $305,000 $305,000 $4,441 7.99%
    Vineyard Haven, MA (FHA|USDA|VA) 1 $285,000 $285,000 $4,276 7.13%
    WAUSAU-WESTON, WI (FHA|USDA|VA) 1 $285,000 $285,000 $10,915 6.25%
    MUSKEGON, MI (FHA|USDA|VA) 1 $275,000 $275,000 $6,050 7.13%
    BOULDER, CO (FHA|USDA|VA) 1 $275,000 $275,000 $6,424 6.99%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $275,000 $275,000 $8,539 7.88%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $275,000 $275,000 $5,160 5.75%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $265,000 $265,000 $4,982 7.25%
    Aberdeen, WA (FHA|USDA|VA) 1 $265,000 $265,000 $8,943 7.00%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $265,000 $265,000 $12,088 5.75%
    Plattsburgh, NY (FHA|USDA|VA) 1 $255,000 $255,000 $7,568 6.13%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $255,000 $255,000 $4,665 7.25%
    Burley, ID (FHA|USDA|VA) 1 $255,000 $255,000 $5,113 6.99%
    HARRISONBURG, VA (FHA|USDA|VA) 1 $255,000 $255,000 $8,380 6.00%
    OCEAN CITY, NJ (FHA|USDA|VA) 1 $245,000 $245,000 $4,441 6.99%
    CHICO, CA (FHA|USDA|VA) 1 $245,000 $245,000 $8,783 6.75%
    Muskogee, OK (FHA|USDA|VA) 1 $235,000 $235,000 $4,040 5.75%
    Indiana, PA (FHA|USDA|VA) 1 $235,000 $235,000 $7,653 6.13%
    TOLEDO, OH (FHA|USDA|VA) 1 $235,000 $235,000 $4,802 6.88%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $235,000 $235,000 $7,912 6.63%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $235,000 $235,000 $3,613 6.63%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 1 $225,000 $225,000 $0 6.13%
    PANAMA CITY, FL (FHA|USDA|VA) 1 $225,000 $225,000 $8,594 7.49%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $225,000 $225,000 $3,844 6.49%
    Granbury, TX (FHA|USDA|VA) 1 $225,000 $225,000 $5,508 7.13%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $215,000 $215,000 $8,028 6.75%
    Sunbury, PA (FHA|USDA|VA) 1 $205,000 $205,000 $4,845 6.88%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $205,000 $205,000 $4,335 6.63%
    MEDFORD, OR (FHA|USDA|VA) 1 $195,000 $195,000 $3,733 6.88%
    Gloversville, NY (FHA|USDA|VA) 1 $185,000 $185,000 $0 7.38%
    Gaffney, SC (FHA|USDA|VA) 1 $185,000 $185,000 $10,391 6.25%
    Fairmont, WV (FHA|USDA|VA) 1 $185,000 $185,000 $6,981 5.64%
    NILES, MI (FHA|USDA|VA) 1 $165,000 $165,000 $5,504 7.63%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $165,000 $165,000 $5,286 6.63%
    Rutland, VT (FHA|USDA|VA) 1 $165,000 $165,000 $6,132 7.13%
    Newport, OR (FHA|USDA|VA) 1 $155,000 $155,000 $6,120 6.63%
    DOTHAN, AL (FHA|USDA|VA) 1 $155,000 $155,000 $3,240 7.13%
    TULSA, OK (FHA|USDA|VA) 1 $155,000 $155,000 $4,712 6.99%
    SPRINGFIELD, IL (FHA|USDA|VA) 1 $155,000 $155,000 $5,508 8.13%
    Amsterdam, NY (FHA|USDA|VA) 1 $145,000 $145,000 $6,787 6.13%
    Atmore, AL (FHA|USDA|VA) 1 $145,000 $145,000 $7,845 6.75%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 1 $135,000 $135,000 $8,187 7.13%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $125,000 $125,000 $5,293 7.13%
    Danville, KY (FHA|USDA|VA) 1 $115,000 $115,000 $6,623 6.75%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $105,000 $105,000 $0 7.99%
    WHEELING, WV-OH (FHA|USDA|VA) 1 $95,000 $95,000 $4,327 7.13%
    VALLEJO, CA (FHA|USDA|VA) 1 $85,000 $85,000 $4,282 7.49%
    MONROE, LA (FHA|USDA|VA) 1 $75,000 $75,000 $6,785 6.75%
    Embrace Home Loans's top markets include Washington, New York, Baltimore, Boston, and Tampa among others.

    Their top states include:
  • Maryland (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

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

    Cedar Point Federal Credit Union
    Similarity Rank: 22
    Kennebec Savings Bank
    Similarity Rank: 40
    Celco Community Federal Credit Union
    Similarity Rank: 51
    Androscoggin Savings Bank
    Similarity Rank: 54
    CRESCENT MORTGAGE COMPANY
    Similarity Rank: 80
    POINT BREEZE
    Similarity Rank: 90
    University Credit Union
    Similarity Rank: 100
    Piscataqua Savings Bank
    Similarity Rank: 100
    Maine Savings Federal Credit Union
    Similarity Rank: 114
    FIRST FINANCIAL OF MARYLAND
    Similarity Rank: 117

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,275 $1,566,575,000 $478,344 $7,507 6.85%
    FHA 1,011 $361,745,000 $357,809 $13,452 6.38%
    VA 415 $222,065,000 $535,096 $11,724 6.15%
    USDA 37 $8,625,000 $233,108 $8,127 6.18%

    For 2024, Embrace Home Loans's most frequently originated type of loan was Conventional, with 3,275 originations. Their 2nd most popular type was FHA, with 1,011 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 4,284 $1,949,500,000 $455,065 $9,303 6.69%
    Cash Out Refi 212 $84,820,000 $400,094 $10,111 6.76%
    Refi 175 $100,945,000 $576,829 $7,455 6.28%
    Other 47 $17,335,000 $368,830 $5,497 7.06%
    Home Improvement 20 $6,410,000 $320,500 $6,367 7.15%

    For 2024, Embrace Home Loans's most frequently cited loan purpose was Home Purchase, with 4,284 originations. The 2nd most popular reason was Cash Out Refi, with 212 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,638 $2,121,660,000 $457,451 $9,270 6.68%
    20 Year 47 $20,045,000 $426,489 $6,860 6.33%
    15 Year 32 $14,420,000 $450,625 $7,944 6.16%
    10 Year 13 $605,000 $46,538 $1,570 8.60%
    Other 8 $2,280,000 $285,000 $11,556 6.61%

    For 2024, Embrace Home Loans's most frequently cited loan duration was 30 Year, with 4,638 originations. The 2nd most popular length was 20 Year, with 47 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,581 $837,525,000 $529,744
    $5k+ 1,114 $550,490,000 $494,156
    $2k-3k 673 $257,165,000 $382,117
    $3k-4k 604 $233,430,000 $386,474
    $4k-5k 424 $165,360,000 $390,000
    $<1k 149 $46,475,000 $311,913

    Embrace Home Loans's average total fees were $9,270, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,581 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 2,864 $1,296,310,000 $452,622
    7-8% 1,036 $472,810,000 $456,380
    5-6% 673 $317,865,000 $472,311
    Over 8% 120 $53,510,000 $445,917
    4-5% 45 $18,515,000 $411,444

    During 2024, Embrace Home Loans's average interest rate for loans was 6.68%, while their most frequently originated rate bucket for loans was 6-7%, with 2,864 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,867 $560,475,000 $300,201 $8,509 6.64%
    $400k-600k 1,330 $652,780,000 $490,812 $9,884 6.70%
    $600k-1MM 855 $624,425,000 $730,322 $10,823 6.63%
    $100k-200k 455 $72,775,000 $159,945 $6,400 6.77%
    $1MM+ 184 $245,450,000 $1,333,967 $11,837 6.79%
    $100,000 or less 47 $3,105,000 $66,064 $3,589 7.55%

    2024 saw Embrace Home Loans place emphasis on $200k-400k loans with 1,867 originations, totaling $560,475,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 1,277 $671,045,000 $525,486 $9,491 6.73%
    $100k-150k 1,172 $458,860,000 $391,519 $9,575 6.67%
    $250k+ 829 $634,035,000 $764,819 $9,820 6.85%
    $75k-100k 668 $202,710,000 $303,458 $9,078 6.54%
    $50k-75k 559 $135,135,000 $241,744 $8,148 6.52%
    $50k or less 195 $36,325,000 $186,282 $6,444 6.80%

    Embrace Home Loans lent most frequently to those with incomes in the $150k-250k range, with 1,277 originations. The second most popular income band? $100k-150k, with 1,172 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 754 $348,180,000 $461,777 $8,007 6.74%
    20-30% 602 $281,780,000 $468,073 $7,922 6.73%
    50-60% 428 $188,050,000 $439,369 $14,821 6.28%
    49% 341 $155,735,000 $456,701 $9,424 6.74%
    48% 210 $87,850,000 $418,333 $9,029 6.77%
    44% 203 $81,845,000 $403,177 $8,501 6.69%
    46% 202 $88,330,000 $437,277 $9,795 6.65%
    43% 200 $91,120,000 $455,600 $8,949 6.66%
    <20% 187 $87,505,000 $467,941 $7,400 6.91%
    45% 186 $84,970,000 $456,828 $10,096 6.63%
    42% 178 $88,950,000 $499,719 $9,274 6.80%
    47% 170 $72,860,000 $428,588 $10,016 6.63%
    41% 168 $83,960,000 $499,762 $9,150 6.66%
    38% 168 $71,850,000 $427,679 $8,164 6.64%
    37% 163 $79,615,000 $488,436 $8,143 6.68%
    40% 161 $73,425,000 $456,056 $8,474 6.64%
    39% 161 $75,355,000 $468,043 $8,584 6.73%
    36% 146 $65,440,000 $448,219 $8,150 6.66%
    >60% 79 $35,485,000 $449,177 $14,096 7.48%

    Embrace Home Loans lent most frequently to those with DTI ratios of 30-36%, with 754 originations. The next most common DTI ratio? 20-30%, with 602 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,094 $1,362,870,000 $440,488 $8,690 6.69%
    Not provided 621 $318,005,000 $512,085 $9,900 6.73%
    Black 629 $263,885,000 $419,531 $11,351 6.54%
    Asian 292 $152,940,000 $523,767 $8,560 6.82%
    Asian Indian 49 $34,975,000 $713,776 $10,003 6.71%
    American Indian 25 $9,645,000 $385,800 $8,779 6.47%
    Other Asian 8 $4,870,000 $608,750 $11,239 6.26%
    Filipino 8 $4,630,000 $578,750 $11,196 6.34%
    Chinese 5 $3,895,000 $779,000 $11,257 7.05%
    Samoan 1 $1,255,000 $1,255,000 $7,595 6.88%
    Vietnamese 3 $835,000 $278,333 $7,970 7.13%
    Korean 1 $645,000 $645,000 $6,101 6.38%
    Native Hawaiian or Islander 2 $560,000 $280,000 $5,027 6.56%

    Approval Rates

    Total approvals of all applications
    93.25%

    Embrace Home Loans has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.58%

    Embrace Home Loans has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 4,738 $2,159,010,000 $455,680

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    4,738 $2,159,010,000 $455,680

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 142 $39,430,000 $277,676 $6,002 6.75%
    40-60% 412 $177,400,000 $430,583 $6,813 6.68%
    60-80% 1,248 $616,650,000 $494,111 $7,966 6.85%
    80-100% 2,850 $1,293,280,000 $453,782 $10,051 6.61%
    Over 100% 58 $28,880,000 $497,931 $18,667 5.99%
    Under 20% 28 $3,370,000 $120,357 $3,096 7.76%