S1l Mortgage Rates, Fees & Info

Wilmington, DE

LEI: 2549004FXPNKCLIN8250

Tax ID: 84-2764875

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • 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

    S1l is a small mortgage company specializing in Refi and Home Purchase loans. S1l 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: San Diego, Denver, Sacramento, Boise City, and San Francisco among others. We have data for 194 markets. (Some data included below & more in-depth data is available with an active subscription.)

    S1l 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. S1l 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 6.37% 12/16/24
    30 Year Conventional Refi 6.53% 12/16/24
    30 Year Cash-out Refi 6.80% 12/16/24
    30 Year FHA Purchase 7.56% 12/16/24
    30 Year FHA Refi 7.55% 12/16/24
    30 Year VA Purchase 6.28% 12/16/24
    30 Year VA Refi 5.91% 12/16/24
    30 Year USDA Purchase 6.73% 12/16/24
    30 Year USDA Refi 6.27% 12/16/24
    15 Year Conventional Purchase 6.66% 12/16/24
    15 Year Conventional Refi 5.99% 12/16/24
    15 Year Cash-out Refi 5.99% 12/16/24
    15 Year FHA Refi 5.68% 12/16/24
    15 Year VA Refi 5.68% 12/16/24
    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.

    S1l Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from S1l. 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

    7,016

    Origination Dollar Volume (All Markets)

    $2,428,880,000
    Show all (49) 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 DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 700 $329,450,000 $470,643 $5,485 2.92%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 894 $283,060,000 $316,622 $4,999 2.77%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 553 $198,315,000 $358,617 $5,129 2.94%
    BOISE CITY, ID (FHA|USDA|VA) 674 $189,160,000 $280,653 $4,960 2.98%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 249 $148,875,000 $597,892 $5,479 2.98%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 471 $126,605,000 $268,800 $6,386 2.96%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 303 $110,065,000 $363,251 $5,170 3.09%
    SALINAS, CA (FHA|USDA|VA) 174 $97,320,000 $559,310 $4,498 2.92%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 201 $73,845,000 $367,388 $3,727 2.93%
    MODESTO, CA (FHA|USDA|VA) 266 $67,440,000 $253,534 $4,168 2.87%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 124 $57,780,000 $465,968 $3,951 2.94%
    SALT LAKE CITY, UT (FHA|USDA|VA) 187 $56,635,000 $302,861 $5,806 2.99%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 89 $51,995,000 $584,213 $4,192 3.06%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 116 $51,580,000 $444,655 $4,982 2.97%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 123 $42,385,000 $344,593 $4,681 2.96%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 83 $36,685,000 $441,988 $6,915 2.97%
    Outside of Metro Areas 123 $29,535,000 $240,122 $4,619 2.95%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 47 $23,245,000 $494,574 $4,277 2.87%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 71 $22,425,000 $315,845 $5,453 2.95%
    IDAHO FALLS, ID (FHA|USDA|VA) 111 $22,055,000 $198,694 $5,169 3.02%
    Montrose, CO (FHA|USDA|VA) 80 $21,980,000 $274,750 $4,517 2.83%
    Moscow, ID (FHA|USDA|VA) 68 $18,880,000 $277,647 $4,986 2.85%
    STOCKTON, CA (FHA|USDA|VA) 60 $17,610,000 $293,500 $4,132 2.97%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 77 $16,495,000 $214,221 $6,603 2.83%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 79 $16,155,000 $204,494 $3,258 2.99%
    GREELEY, CO (FHA|USDA|VA) 50 $14,610,000 $292,200 $5,619 2.74%
    SANTA FE, NM (FHA|USDA|VA) 34 $14,020,000 $412,353 $4,322 2.88%
    Heber, UT (FHA|USDA|VA) 22 $11,820,000 $537,273 $6,814 2.90%
    PROVO-OREM, UT (FHA|USDA|VA) 37 $11,495,000 $310,676 $5,838 3.10%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 31 $11,285,000 $364,032 $5,298 2.83%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 38 $11,210,000 $295,000 $5,299 2.89%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 53 $10,555,000 $199,151 $8,484 3.20%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 21 $9,925,000 $472,619 $4,131 2.96%
    YUBA CITY, CA (FHA|USDA|VA) 30 $9,650,000 $321,667 $6,937 2.94%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 19 $7,865,000 $413,947 $6,354 2.99%
    FORT COLLINS, CO (FHA|USDA|VA) 23 $7,715,000 $335,435 $5,605 3.11%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 15 $7,145,000 $476,333 $5,192 2.82%
    TWIN FALLS, ID (FHA|USDA|VA) 30 $6,530,000 $217,667 $6,158 3.05%
    EL CENTRO, CA (FHA|USDA|VA) 27 $6,395,000 $236,852 $5,615 3.18%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 22 $6,390,000 $290,455 $4,499 2.96%
    Breckenridge, CO (FHA|USDA|VA) 15 $5,655,000 $377,000 $4,088 3.03%
    VALLEJO, CA (FHA|USDA|VA) 14 $5,570,000 $397,857 $4,752 3.04%
    SALEM, OR (FHA|USDA|VA) 19 $5,555,000 $292,368 $4,718 3.04%
    MERCED, CA (FHA|USDA|VA) 24 $5,380,000 $224,167 $5,373 2.69%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 22 $5,330,000 $242,273 $5,029 3.05%
    Edwards, CO (FHA|USDA|VA) 5 $5,165,000 $1,033,000 $4,250 2.90%
    BOULDER, CO (FHA|USDA|VA) 13 $5,165,000 $397,308 $3,584 2.87%
    Clearlake, CA (FHA|USDA|VA) 17 $4,225,000 $248,529 $4,411 2.98%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 10 $4,120,000 $412,000 $4,004 2.96%
    FRESNO, CA (FHA|USDA|VA) 15 $3,945,000 $263,000 $3,678 2.88%
    BEND, OR (FHA|USDA|VA) 11 $3,745,000 $340,455 $4,807 3.11%
    Sonora, CA (FHA|USDA|VA) 14 $3,730,000 $266,429 $4,925 2.77%
    ST. GEORGE, UT (FHA|USDA|VA) 14 $3,660,000 $261,429 $3,846 2.93%
    TUCSON, AZ (FHA|USDA|VA) 15 $3,605,000 $240,333 $4,623 3.21%
    Rexburg, ID (FHA|USDA|VA) 19 $3,525,000 $185,526 $4,793 2.95%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 20 $3,390,000 $169,500 $7,087 2.98%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 12 $3,320,000 $276,667 $7,249 3.13%
    NAPA, CA (FHA|USDA|VA) 7 $3,285,000 $469,286 $4,037 2.91%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 17 $3,205,000 $188,529 $5,093 2.59%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 11 $2,925,000 $265,909 $3,492 2.88%
    CHICO, CA (FHA|USDA|VA) 13 $2,905,000 $223,462 $2,886 2.86%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 6 $2,500,000 $416,667 $3,212 2.85%
    Pullman, WA (FHA|USDA|VA) 9 $2,375,000 $263,889 $5,474 2.79%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 6 $2,250,000 $375,000 $4,714 2.90%
    Blackfoot, ID (FHA|USDA|VA) 9 $2,245,000 $249,444 $7,130 2.65%
    Hailey, ID (FHA|USDA|VA) 5 $2,175,000 $435,000 $6,552 3.30%
    Astoria, OR (FHA|USDA|VA) 7 $2,175,000 $310,714 $5,147 2.95%
    Durango, CO (FHA|USDA|VA) 6 $2,110,000 $351,667 $3,779 2.81%
    YUMA, AZ (FHA|USDA|VA) 12 $1,970,000 $164,167 $6,176 2.92%
    GRAND JUNCTION, CO (FHA|USDA|VA) 9 $1,825,000 $202,778 $3,992 2.80%
    Athens, TX (FHA|USDA|VA) 5 $1,765,000 $353,000 $7,152 3.30%
    CORVALLIS, OR (FHA|USDA|VA) 6 $1,760,000 $293,333 $3,566 3.02%
    Ontario, OR-ID (FHA|USDA|VA) 9 $1,715,000 $190,556 $3,777 3.40%
    Ukiah, CA (FHA|USDA|VA) 5 $1,585,000 $317,000 $4,874 3.10%
    GRANTS PASS, OR (FHA|USDA|VA) 4 $1,500,000 $375,000 $5,118 2.59%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 3 $1,485,000 $495,000 $7,923 2.79%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 5 $1,385,000 $277,000 $3,569 3.09%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 4 $1,270,000 $317,500 $3,448 2.94%
    Outside of Metro Areas 3 $1,225,000 $408,333 $5,783 3.08%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 5 $1,215,000 $243,000 $3,463 3.02%
    BAKERSFIELD, CA (FHA|USDA|VA) 4 $1,140,000 $285,000 $3,814 2.75%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 4 $1,130,000 $282,500 $2,662 3.16%
    MADERA, CA (FHA|USDA|VA) 4 $1,030,000 $257,500 $4,358 3.09%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 5 $1,015,000 $203,000 $3,223 3.10%
    Eureka-Arcata, CA (FHA|USDA|VA) 3 $975,000 $325,000 $4,322 3.16%
    Bonham, TX (FHA|USDA|VA) 3 $955,000 $318,333 $4,865 3.08%
    Klamath Falls, OR (FHA|USDA|VA) 6 $940,000 $156,667 $4,252 3.25%
    REDDING, CA (FHA|USDA|VA) 4 $910,000 $227,500 $3,086 3.06%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 4 $870,000 $217,500 $4,581 2.91%
    Hood River, OR (FHA|USDA|VA) 2 $870,000 $435,000 $3,936 3.38%
    TULSA, OK (FHA|USDA|VA) 3 $845,000 $281,667 $6,680 2.88%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $830,000 $415,000 $4,082 3.19%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 3 $815,000 $271,667 $4,050 2.79%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $810,000 $405,000 $3,959 3.19%
    Fort Morgan, CO (FHA|USDA|VA) 4 $780,000 $195,000 $7,658 2.56%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 4 $780,000 $195,000 $2,900 3.09%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $725,000 $241,667 $6,993 2.87%
    LOGAN, UT-ID (FHA|USDA|VA) 4 $710,000 $177,500 $4,340 3.25%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 4 $710,000 $177,500 $3,722 2.97%
    POCATELLO, ID (FHA|USDA|VA) 3 $705,000 $235,000 $5,801 3.33%
    Palestine, TX (FHA|USDA|VA) 3 $695,000 $231,667 $4,848 3.13%
    MOBILE, AL (FHA|USDA|VA) 3 $685,000 $228,333 $5,943 3.00%
    Glenwood Springs, CO (FHA|USDA|VA) 1 $685,000 $685,000 $3,926 2.88%
    Port Angeles, WA (FHA|USDA|VA) 2 $670,000 $335,000 $3,680 2.75%
    Jackson, WY-ID (FHA|USDA|VA) 2 $670,000 $335,000 $4,809 2.87%
    SPRINGFIELD, MO (FHA|USDA|VA) 4 $670,000 $167,500 $5,237 3.06%
    Steamboat Springs, CO (FHA|USDA|VA) 2 $650,000 $325,000 $4,531 3.13%
    MEDFORD, OR (FHA|USDA|VA) 3 $645,000 $215,000 $3,801 3.08%
    FLAGSTAFF, AZ (FHA|USDA|VA) 2 $640,000 $320,000 $3,897 3.25%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $640,000 $320,000 $5,799 2.81%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $625,000 $208,333 $8,423 3.38%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $600,000 $300,000 $3,740 3.00%
    NILES, MI (FHA|USDA|VA) 2 $590,000 $295,000 $3,334 2.68%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 2 $570,000 $285,000 $4,340 3.19%
    Burley, ID (FHA|USDA|VA) 3 $565,000 $188,333 $5,850 3.21%
    Jacksonville, TX (FHA|USDA|VA) 2 $560,000 $280,000 $6,218 3.13%
    ALBUQUERQUE, NM (FHA|USDA|VA) 4 $560,000 $140,000 $3,393 2.90%
    PUEBLO, CO (FHA|USDA|VA) 5 $545,000 $109,000 $4,591 2.05%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $530,000 $265,000 $3,473 3.18%
    LONGVIEW, TX (FHA|USDA|VA) 2 $530,000 $265,000 $4,959 3.18%
    Bozeman, MT (FHA|USDA|VA) 1 $515,000 $515,000 $3,268 3.13%
    WENATCHEE, WA (FHA|USDA|VA) 1 $515,000 $515,000 $4,836 3.13%
    Alexander City, AL (FHA|USDA|VA) 1 $515,000 $515,000 $3,220 2.88%
    Susanville, CA (FHA|USDA|VA) 1 $515,000 $515,000 $4,493 2.88%
    Gainesville, TX (FHA|USDA|VA) 2 $510,000 $255,000 $10,893 3.19%
    MIDLAND, TX (FHA|USDA|VA) 1 $505,000 $505,000 $7,311 2.99%
    Mountain Home, ID (FHA|USDA|VA) 3 $505,000 $168,333 $3,601 2.42%
    Cañon City, CO (FHA|USDA|VA) 2 $480,000 $240,000 $4,143 2.81%
    Kalispell, MT (FHA|USDA|VA) 1 $465,000 $465,000 $5,228 2.99%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $455,000 $455,000 $21,562 3.38%
    Cedar City, UT (FHA|USDA|VA) 2 $450,000 $225,000 $3,407 2.69%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $450,000 $225,000 $4,362 3.38%
    Prineville, OR (FHA|USDA|VA) 1 $445,000 $445,000 $5,306 3.25%
    The Dalles, OR (FHA|USDA|VA) 2 $440,000 $220,000 $5,976 2.81%
    MUSKEGON, MI (FHA|USDA|VA) 3 $385,000 $128,333 $3,584 2.66%
    Roseburg, OR (FHA|USDA|VA) 2 $380,000 $190,000 $2,621 2.56%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $355,000 $355,000 $4,570 3.13%
    SIOUX FALLS, SD (FHA|USDA|VA) 1 $355,000 $355,000 $3,208 3.38%
    LAREDO, TX (FHA|USDA|VA) 2 $350,000 $175,000 $4,144 2.44%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $345,000 $345,000 $3,356 3.25%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $340,000 $170,000 $3,614 2.87%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $340,000 $170,000 $4,054 3.50%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $335,000 $335,000 $7,307 3.38%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $335,000 $335,000 $5,634 3.25%
    COLUMBUS, OH (FHA|USDA|VA) 1 $335,000 $335,000 $2,696 2.50%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $325,000 $325,000 $7,355 2.88%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $325,000 $325,000 $6,604 2.75%
    VISALIA, CA (FHA|USDA|VA) 1 $325,000 $325,000 $5,198 2.88%
    Sevierville, TN (FHA|USDA|VA) 1 $315,000 $315,000 $3,682 3.25%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $315,000 $105,000 $4,448 3.38%
    Newport, OR (FHA|USDA|VA) 1 $305,000 $305,000 $4,930 3.25%
    LEWISTON, ID-WA (FHA|USDA|VA) 2 $300,000 $150,000 $4,048 2.94%
    Mineral Wells, TX (FHA|USDA|VA) 1 $295,000 $295,000 $8,219 3.00%
    Andrews, TX (FHA|USDA|VA) 1 $295,000 $295,000 $4,997 2.88%
    WACO, TX (FHA|USDA|VA) 2 $290,000 $145,000 $3,504 3.00%
    JACKSON, MI (FHA|USDA|VA) 1 $285,000 $285,000 $4,277 3.38%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $280,000 $140,000 $5,745 3.44%
    Brenham, TX (FHA|USDA|VA) 1 $265,000 $265,000 $3,552 2.63%
    ODESSA, TX (FHA|USDA|VA) 1 $265,000 $265,000 $9,708 2.75%
    BILLINGS, MT (FHA|USDA|VA) 1 $265,000 $265,000 $7,556 2.99%
    Price, UT (FHA|USDA|VA) 2 $260,000 $130,000 $3,865 3.00%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $255,000 $255,000 $13,805 2.63%
    COLUMBIA, SC (FHA|USDA|VA) 1 $255,000 $255,000 $10,791 2.50%
    Warrensburg, MO (FHA|USDA|VA) 1 $245,000 $245,000 $5,013 2.99%
    CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $235,000 $235,000 $3,271 2.88%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $235,000 $235,000 $4,368 2.75%
    WICHITA, KS (FHA|USDA|VA) 1 $235,000 $235,000 $5,705 3.00%
    Raymondville, TX (FHA|USDA|VA) 1 $225,000 $225,000 $7,353 3.75%
    MISSOULA, MT (FHA|USDA|VA) 1 $215,000 $215,000 $4,026 3.38%
    Sandpoint, ID (FHA|USDA|VA) 1 $205,000 $205,000 $3,841 2.63%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $195,000 $195,000 $2,315 2.50%
    DUBUQUE, IA (FHA|USDA|VA) 1 $195,000 $195,000 $3,254 2.75%
    VICTORIA, TX (FHA|USDA|VA) 1 $185,000 $185,000 $4,406 3.13%
    Ottawa, KS (FHA|USDA|VA) 1 $185,000 $185,000 $4,681 2.63%
    Richmond-Berea, KY (FHA|USDA|VA) 1 $175,000 $175,000 $3,057 2.99%
    Nacogdoches, TX (FHA|USDA|VA) 1 $175,000 $175,000 $5,128 3.63%
    LONGVIEW, WA (FHA|USDA|VA) 1 $175,000 $175,000 $2,126 2.88%
    JEFFERSON CITY, MO (FHA|USDA|VA) 2 $170,000 $85,000 $3,665 3.19%
    Brookings, OR (FHA|USDA|VA) 1 $165,000 $165,000 $2,949 2.88%
    Sulphur Springs, TX (FHA|USDA|VA) 1 $165,000 $165,000 $4,179 3.13%
    LUBBOCK, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,851 2.88%
    JACKSON, MS (FHA|USDA|VA) 1 $155,000 $155,000 $3,270 2.75%
    Paris, TX (FHA|USDA|VA) 1 $155,000 $155,000 $5,759 3.38%
    Las Vegas, NM (FHA|USDA|VA) 1 $135,000 $135,000 $3,830 3.63%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $135,000 $135,000 $2,594 3.50%
    SUMTER, SC (FHA|USDA|VA) 1 $125,000 $125,000 $3,211 2.88%
    HAMMOND, LA (FHA|USDA|VA) 1 $125,000 $125,000 $3,996 2.99%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $125,000 $125,000 $4,360 2.99%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 1 $115,000 $115,000 $3,543 2.75%
    TEXARKANA, TX-AR (FHA|USDA|VA) 1 $105,000 $105,000 $4,316 2.99%
    Moberly, MO (FHA|USDA|VA) 1 $105,000 $105,000 $2,589 3.50%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $105,000 $105,000 $4,094 2.75%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $65,000 $65,000 $4,315 3.63%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $65,000 $65,000 $2,601 2.88%
    S1l's top markets include San Diego, Denver, Sacramento, Boise City, and San Francisco among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against S1L based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    SANDIA LABORATORY
    Similarity Rank: 76
    PIONEER
    Similarity Rank: 168
    BLUE BRICK FINANCIAL LLC
    Similarity Rank: 200
    SPOKANE FIREFIGHTERS CREDIT UNION
    Similarity Rank: 231
    ARIZONA CENTRAL
    Similarity Rank: 304
    STATE EMPLOYEES
    Similarity Rank: 360
    METROPLEX MORTGAGE SERVICES, INC.
    Similarity Rank: 372
    TRISTAR FINANCE, INC.
    Similarity Rank: 378
    MANHATTAN FINANCIAL GROUP, INC.
    Similarity Rank: 384
    AAXY L.L.C.
    Similarity Rank: 387

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 6,151 $2,133,955,000 $346,928 $4,395 2.93%
    FHA 538 $161,540,000 $300,260 $11,028 3.06%
    VA 303 $127,115,000 $419,521 $9,131 2.79%
    USDA 24 $6,270,000 $261,250 $6,725 2.84%

    For 2020, S1l's most frequently originated type of loan was Conventional, with 6,151 originations. Their 2nd most popular type was FHA, with 538 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 2,899 $1,032,915,000 $356,300 $4,006 2.91%
    Home Purchase 2,775 $972,445,000 $350,431 $6,507 2.90%
    Cash Out Refi 1,335 $421,835,000 $315,981 $4,664 3.05%
    Home Improvement 7 $1,685,000 $240,714 $3,573 3.14%

    For 2020, S1l's most frequently cited loan purpose was Refi, with 2,899 originations. The 2nd most popular reason was Home Purchase, with 2,775 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 6,133 $2,194,165,000 $357,764 $5,345 2.97%
    15 Year 559 $146,015,000 $261,208 $3,660 2.51%
    20 Year 194 $56,830,000 $292,938 $3,759 2.85%
    Other 79 $26,575,000 $336,392 $3,385 2.96%
    10 Year 51 $5,295,000 $103,824 $1,592 3.93%

    For 2020, S1l's most frequently cited loan duration was 30 Year, with 6,133 originations. The 2nd most popular length was 15 Year, with 559 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 3,637 $1,295,005,000 $356,064
    $2k-3k 1,071 $338,815,000 $316,354
    $<1k 695 $158,105,000 $227,489
    $5k+ 671 $319,655,000 $476,386
    $3k-4k 598 $196,500,000 $328,595
    $4k-5k 344 $120,800,000 $351,163

    S1l's average total fees were $5,345, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 3,637 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 3,854 $1,428,670,000 $370,698
    3-4% 2,249 $786,215,000 $349,584
    <2.5% 807 $199,805,000 $247,590
    4-5% 74 $13,610,000 $183,919
    5-6% 4 $320,000 $80,000
    7-8% 2 $20,000 $10,000

    During 2020, S1l's average interest rate for loans was 2.97%, while their most frequently originated rate bucket for loans was 2.5-3%, with 3,854 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,478 $1,024,840,000 $294,664 $5,104 2.99%
    $400k-600k 1,641 $790,205,000 $481,539 $5,797 2.97%
    $100k-200k 1,058 $168,280,000 $159,055 $3,989 2.96%
    $600k-1MM 455 $325,685,000 $715,791 $7,143 3.03%
    $100,000 or less 304 $9,740,000 $32,039 $1,107 1.81%
    $1MM+ 80 $110,130,000 $1,376,625 $9,694 2.99%

    2020 saw S1l place emphasis on $200k-400k loans with 3,478 originations, totaling $1,024,840,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,688 $617,010,000 $365,527 $5,044 2.96%
    $50k-75k 1,489 $366,745,000 $246,303 $5,082 2.86%
    $75k-100k 1,259 $384,115,000 $305,095 $5,334 2.92%
    $150k-250k 1,228 $557,690,000 $454,145 $5,218 3.00%
    $50k or less 658 $118,680,000 $180,365 $4,332 2.88%
    $250k+ 578 $338,770,000 $586,107 $5,804 3.01%

    S1l lent most frequently to those with incomes in the $100k-150k range, with 1,688 originations. The second most popular income band? $50k-75k, with 1,489 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,414 $512,660,000 $362,560 $4,357 2.92%
    30-36% 1,233 $452,505,000 $366,995 $4,742 2.96%
    <20% 475 $151,805,000 $319,589 $4,029 2.83%
    44% 349 $110,415,000 $316,375 $5,387 2.98%
    43% 303 $95,515,000 $315,231 $5,401 3.02%
    42% 296 $110,770,000 $374,223 $5,661 2.99%
    41% 291 $104,365,000 $358,643 $5,040 2.98%
    40% 280 $92,540,000 $330,500 $5,492 2.94%
    50-60% 268 $78,670,000 $293,545 $9,493 2.83%
    39% 261 $87,605,000 $335,651 $5,082 3.01%
    37% 252 $90,570,000 $359,405 $5,182 2.91%
    36% 250 $90,260,000 $361,040 $5,477 3.01%
    38% 237 $83,105,000 $350,654 $4,986 2.99%
    49% 218 $70,840,000 $324,954 $5,327 2.88%
    45% 210 $67,090,000 $319,476 $5,370 2.86%
    48% 193 $62,815,000 $325,466 $5,577 2.86%
    46% 192 $64,010,000 $333,385 $5,885 3.01%
    47% 175 $56,995,000 $325,686 $5,272 2.90%
    >60% 14 $5,450,000 $389,286 $8,830 2.95%

    S1l lent most frequently to those with DTI ratios of 20-30%, with 1,414 originations. The next most common DTI ratio? 30-36%, with 1,233 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,424 $1,888,910,000 $348,250 $5,025 2.94%
    Not provided 1,048 $353,040,000 $336,870 $5,343 2.95%
    Asian 252 $96,140,000 $381,508 $5,354 2.94%
    Black 177 $51,345,000 $290,085 $6,373 2.80%
    American Indian 53 $16,585,000 $312,925 $5,016 2.77%
    Native Hawaiian or Islander 19 $6,245,000 $328,684 $5,713 2.80%
    Asian Indian 13 $5,935,000 $456,538 $4,771 2.96%
    Filipino 14 $4,510,000 $322,143 $4,538 3.18%
    Other Asian 3 $2,015,000 $671,667 $7,464 2.88%
    Japanese 4 $1,310,000 $327,500 $3,743 2.69%
    Chinese 2 $710,000 $355,000 $4,453 2.68%
    Samoan 1 $485,000 $485,000 $3,761 2.99%
    Other Pacific Islander 2 $470,000 $235,000 $5,156 3.00%
    1 $405,000 $405,000 $4,116 3.13%
    Korean 1 $285,000 $285,000 $2,591 2.75%
    Native Hawaiian 1 $245,000 $245,000 $4,559 3.63%
    Vietnamese 1 $245,000 $245,000 $2,266 2.50%

    Approval Rates

    Total approvals of all applications
    96.41%

    S1l has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    81.98%

    S1l has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    0.0 1 $5,000 $5,000
    NA 7,015 $2,428,875,000 $346,240

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 69 $14,225,000 $206,159
    Single Family (1-4 Units):Site-Built 6,947 $2,414,655,000 $347,582

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 453 $120,715,000 $266,479 $3,562 2.81%
    40-60% 1,376 $450,830,000 $327,638 $3,756 2.86%
    60-80% 2,572 $984,290,000 $382,694 $4,712 3.04%
    80-100% 2,279 $826,525,000 $362,670 $6,803 3.03%
    Over 100% 75 $33,805,000 $450,733 $16,296 2.86%
    Under 20% 261 $12,715,000 $48,716 $821 1.55%