Np Mortgage Rates, Fees & Info
Delray Beach, FLLEI: 2549004Z576VEJBK3N72
Tax ID: 65-0709224
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Mortgage Data
Review & Overview
Np is a smaller mortgage company specializing in Home Purchase loans. Np has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Miami, Orlando, New York, Port St. Lucie, and Tampa among others. We have data for 40 markets. (Some data included below & more in-depth data is available with an active subscription.)Np 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. Np 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.16% | 4/18/24 |
| 30 Year Conventional Refi | 6.49% | 4/18/24 |
| 30 Year Cash-out Refi | 6.50% | 4/18/24 |
| 30 Year FHA Purchase | 7.53% | 4/18/24 |
| 30 Year FHA Refi | 6.99% | 4/18/24 |
| 30 Year VA Purchase | 6.25% | 4/18/24 |
| 30 Year VA Refi | 5.43% | 4/18/24 |
| 30 Year USDA Purchase | 6.81% | 4/18/24 |
| 15 Year Conventional Purchase | 6.15% | 4/18/24 |
| 15 Year Conventional Refi | 5.67% | 4/18/24 |
| 15 Year Cash-out Refi | 5.67% | 4/18/24 |
| 15 Year VA Refi | 5.78% | 4/18/24 |
| 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. | ||
Np Mortgage Calculator
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This is not an official calculator from Np. 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
1,347Origination Dollar Volume (All Markets)
$348,105,000Awards
NP - 2018
NP is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 849 | $225,505,000 | $265,612 | $6,456 | 4.76% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 101 | $27,035,000 | $267,673 | $6,636 | 4.82% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 52 | $14,700,000 | $282,692 | $7,406 | 4.90% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 52 | $12,000,000 | $230,769 | $6,222 | 4.77% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 48 | $11,960,000 | $249,167 | $6,790 | 4.78% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 37 | $6,765,000 | $182,838 | $5,261 | 4.88% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 28 | $6,740,000 | $240,714 | $5,098 | 4.90% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 31 | $5,855,000 | $188,871 | $6,521 | 4.90% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 24 | $4,940,000 | $205,833 | $4,679 | 4.91% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 20 | $4,620,000 | $231,000 | $6,147 | 5.02% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 14 | $3,750,000 | $267,857 | $6,346 | 4.76% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 10 | $3,640,000 | $364,000 | $8,178 | 4.89% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 11 | $3,435,000 | $312,273 | $8,983 | 4.64% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 8 | $2,640,000 | $330,000 | $5,894 | 4.92% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 9 | $2,275,000 | $252,778 | $6,097 | 4.74% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 10 | $2,190,000 | $219,000 | $4,565 | 5.10% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 5 | $1,215,000 | $243,000 | $4,215 | 4.95% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 5 | $1,165,000 | $233,000 | $4,607 | 4.83% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $19,708 | 3.75% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 5 | $985,000 | $197,000 | $6,738 | 5.10% |
| OCALA, FL (FHA|USDA|VA) | 5 | $895,000 | $179,000 | $5,746 | 4.78% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $785,000 | $785,000 | $3,124 | 4.75% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $4,800 | 4.13% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $2,314 | 4.54% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $5,011 | 4.63% |
| Outside of Metro Areas | 1 | $265,000 | $265,000 | $3,884 | 5.25% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,480 | 4.50% |
| Orangeburg, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,140 | 5.13% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,701 | 3.88% |
| Danville, VA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $11,845 | 5.13% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,163 | 4.63% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,443 | 5.00% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $11,901 | 4.25% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,135 | 3.88% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,562 | 4.88% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,724 | 4.75% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,154 | 5.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,461 | 4.75% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,647 | 5.00% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,088 | 4.75% |
Similar Lenders
We use machine learning to identify the top lenders compared against NP based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 33
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 915 | $236,495,000 | $258,464 | $5,200 | 4.89% |
| FHA | 355 | $89,575,000 | $252,324 | $9,451 | 4.58% |
| VA | 77 | $22,035,000 | $286,169 | $6,372 | 4.55% |
For 2018, Np's most frequently originated type of loan was Conventional, with 915 originations. Their 2nd most popular type was FHA, with 355 originations.
Loan Reason
For 2018, Np's most frequently cited loan purpose was Home Purchase, with 1,185 originations. The 2nd most popular reason was Refi, with 140 originations.
Loan Duration/Length
For 2018, Np's most frequently cited loan duration was 30 Year, with 1,293 originations. The 2nd most popular length was 15 Year, with 46 originations.
Origination Fees/Closing Costs
Np's average total fees were $6,431, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 900 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 917 | $242,575,000 | $264,531 |
| 5-6% | 329 | $78,695,000 | $239,195 |
| 3-4% | 93 | $25,265,000 | $271,667 |
| 6-7% | 8 | $1,570,000 | $196,250 |
During 2018, Np's average interest rate for loans was 4.81%, while their most frequently originated rate bucket for loans was 4-5%, with 917 originations.
Loan Sizing
2018 saw Np place emphasis on $200k-400k loans with 762 originations, totaling $215,900,000 in origination value.
Applicant Income
Np lent most frequently to those with incomes in the $50k-75k range, with 350 originations. The second most popular income band? $100k-150k, with 298 originations.
Applicant Debt to Income Ratio
Np lent most frequently to those with DTI ratios of 30-36%, with 176 originations. The next most common DTI ratio? 20-30%, with 151 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications90.02%
Np has an average approval rate.
Pick Rate
Approvals leading to origination78.92%
Np has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,347 | $348,105,000 | $258,430 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Site-Built | 1,347 | $348,105,000 | $258,430 |