Watermark Capital Mortgage Rates, Fees & Info

Irvine, CA

LEI: 2549005Q4HZ55QX7YC64

Tax ID: 20-4255880

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

    Watermark Capital is a smaller mortgage company specializing in Home Purchase and Refi loans. Watermark Capital has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Los Angeles, San Diego, Phoenix, San Francisco, and Riverside among others. We have data for 229 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Watermark Capital 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. Watermark Capital 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 6.31% 4/18/24
    30 Year Conventional Refi 6.10% 4/18/24
    30 Year Cash-out Refi 6.29% 4/18/24
    30 Year FHA Purchase 7.19% 4/18/24
    30 Year FHA Refi 6.16% 4/18/24
    30 Year VA Purchase 5.86% 4/18/24
    30 Year VA Refi 5.66% 4/18/24
    30 Year USDA Purchase 6.19% 4/18/24
    15 Year Conventional Purchase 5.85% 4/18/24
    15 Year Conventional Refi 5.60% 4/18/24
    15 Year Cash-out Refi 5.60% 4/18/24
    15 Year VA Purchase 5.77% 4/18/24
    15 Year VA Refi 5.23% 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.

    Watermark Capital Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Watermark Capital. 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

    2,066

    Origination Dollar Volume (All Markets)

    $751,520,000
    Show all (28) 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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 236 $134,640,000 $570,508 $6,143 4.49%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 118 $50,940,000 $431,695 $6,258 4.53%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 136 $39,010,000 $286,838 $4,534 4.54%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 63 $35,975,000 $571,032 $4,621 4.30%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 104 $35,060,000 $337,115 $4,870 4.52%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 75 $29,645,000 $395,267 $4,129 4.18%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 74 $29,020,000 $392,162 $4,163 4.19%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 49 $16,995,000 $346,837 $4,015 4.17%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 44 $16,900,000 $384,091 $4,380 4.14%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 50 $16,640,000 $332,800 $3,333 4.24%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 48 $16,430,000 $342,292 $4,115 4.35%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 58 $16,010,000 $276,034 $3,551 4.28%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 23 $15,945,000 $693,261 $5,312 4.21%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 43 $13,995,000 $325,465 $3,797 4.27%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 23 $11,955,000 $519,783 $5,712 4.68%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 37 $10,955,000 $296,081 $4,962 4.09%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 34 $9,990,000 $293,824 $4,971 4.28%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 26 $8,960,000 $344,615 $4,938 4.29%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 29 $8,665,000 $298,793 $3,910 4.47%
    SALT LAKE CITY, UT (FHA|USDA|VA) 25 $8,655,000 $346,200 $3,949 4.11%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 29 $8,355,000 $288,103 $4,115 4.24%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 31 $8,355,000 $269,516 $5,334 4.35%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 26 $8,350,000 $321,154 $4,116 4.13%
    FRESNO, CA (FHA|USDA|VA) 29 $8,285,000 $285,690 $6,211 5.07%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 22 $6,050,000 $275,000 $3,883 4.40%
    SALINAS, CA (FHA|USDA|VA) 12 $6,040,000 $503,333 $4,014 4.22%
    RALEIGH-CARY, NC (FHA|USDA|VA) 17 $5,485,000 $322,647 $3,316 4.07%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 18 $5,050,000 $280,556 $5,237 4.26%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 17 $4,825,000 $283,824 $4,535 4.05%
    RENO, NV (FHA|USDA|VA) 13 $4,655,000 $358,077 $3,500 4.18%
    Outside of Metro Areas 19 $4,585,000 $241,316 $4,434 4.25%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 8 $4,290,000 $536,250 $4,712 3.92%
    PROVO-OREM, UT (FHA|USDA|VA) 11 $4,055,000 $368,636 $3,777 3.93%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 14 $4,000,000 $285,714 $4,957 4.58%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 12 $3,550,000 $295,833 $3,706 4.21%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 14 $3,270,000 $233,571 $3,673 4.32%
    RICHMOND, VA (FHA|USDA|VA) 12 $3,240,000 $270,000 $4,858 4.26%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 10 $3,110,000 $311,000 $5,838 4.28%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 6 $3,090,000 $515,000 $4,238 4.23%
    VALLEJO, CA (FHA|USDA|VA) 8 $2,680,000 $335,000 $4,171 4.31%
    ST. GEORGE, UT (FHA|USDA|VA) 7 $2,595,000 $370,714 $3,724 4.36%
    BOISE CITY, ID (FHA|USDA|VA) 7 $2,535,000 $362,143 $4,409 4.45%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 8 $2,490,000 $311,250 $4,782 4.72%
    STOCKTON, CA (FHA|USDA|VA) 6 $2,480,000 $413,333 $3,593 4.35%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 7 $2,355,000 $336,429 $2,822 4.27%
    Heber, UT (FHA|USDA|VA) 6 $2,340,000 $390,000 $4,010 4.25%
    WORCESTER, MA-CT (FHA|USDA|VA) 7 $2,205,000 $315,000 $3,345 3.88%
    BOULDER, CO (FHA|USDA|VA) 4 $2,170,000 $542,500 $4,276 4.84%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $2,125,000 $236,111 $4,166 4.22%
    PITTSBURGH, PA (FHA|USDA|VA) 9 $2,095,000 $232,778 $4,501 4.18%
    JACKSONVILLE, FL (FHA|USDA|VA) 4 $2,030,000 $507,500 $5,143 3.84%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 5 $2,025,000 $405,000 $4,271 4.28%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 8 $1,970,000 $246,250 $5,267 4.36%
    VISALIA, CA (FHA|USDA|VA) 9 $1,965,000 $218,333 $4,104 4.24%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 6 $1,890,000 $315,000 $3,145 4.13%
    BAKERSFIELD, CA (FHA|USDA|VA) 8 $1,890,000 $236,250 $3,590 4.19%
    TUCSON, AZ (FHA|USDA|VA) 10 $1,860,000 $186,000 $4,016 4.34%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 3 $1,845,000 $615,000 $4,173 4.08%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 5 $1,825,000 $365,000 $7,524 4.30%
    BEND, OR (FHA|USDA|VA) 3 $1,705,000 $568,333 $5,023 4.50%
    SALEM, OR (FHA|USDA|VA) 6 $1,650,000 $275,000 $3,572 4.10%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 5 $1,635,000 $327,000 $4,039 4.30%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 6 $1,500,000 $250,000 $3,918 4.27%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 6 $1,430,000 $238,333 $3,103 4.19%
    WILMINGTON, NC (FHA|USDA|VA) 4 $1,370,000 $342,500 $3,065 4.03%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 2 $1,310,000 $655,000 $6,712 4.06%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 7 $1,235,000 $176,429 $3,371 4.52%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 3 $1,235,000 $411,667 $5,431 4.63%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,215,000 $243,000 $4,331 4.15%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 4 $1,190,000 $297,500 $3,598 4.09%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 4 $1,130,000 $282,500 $6,296 4.33%
    MODESTO, CA (FHA|USDA|VA) 5 $1,085,000 $217,000 $3,448 4.35%
    Edwards, CO (FHA|USDA|VA) 2 $1,060,000 $530,000 $3,669 4.31%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 4 $980,000 $245,000 $3,564 4.16%
    KNOXVILLE, TN (FHA|USDA|VA) 5 $975,000 $195,000 $5,416 4.00%
    SPRINGFIELD, MA (FHA|USDA|VA) 4 $970,000 $242,500 $6,103 4.22%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 4 $950,000 $237,500 $2,761 4.22%
    TULSA, OK (FHA|USDA|VA) 4 $940,000 $235,000 $4,164 4.06%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 4 $930,000 $232,500 $3,450 4.50%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $910,000 $455,000 $5,666 4.13%
    CORVALLIS, OR (FHA|USDA|VA) 3 $905,000 $301,667 $3,957 4.04%
    FORT COLLINS, CO (FHA|USDA|VA) 3 $895,000 $298,333 $2,911 4.04%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $895,000 $298,333 $3,592 4.46%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $880,000 $440,000 $5,344 4.25%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $875,000 $291,667 $3,062 3.42%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $875,000 $291,667 $3,370 4.33%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 4 $850,000 $212,500 $5,268 4.50%
    FLAGSTAFF, AZ (FHA|USDA|VA) 2 $820,000 $410,000 $4,106 4.44%
    LAFAYETTE, LA (FHA|USDA|VA) 3 $795,000 $265,000 $3,221 4.00%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 4 $790,000 $197,500 $4,033 4.31%
    WENATCHEE, WA (FHA|USDA|VA) 1 $765,000 $765,000 $4,289 4.50%
    READING, PA (FHA|USDA|VA) 3 $755,000 $251,667 $4,627 4.17%
    NAPA, CA (FHA|USDA|VA) 1 $745,000 $745,000 $3,182 3.88%
    COLUMBIA, SC (FHA|USDA|VA) 3 $735,000 $245,000 $3,714 4.46%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 2 $710,000 $355,000 $2,831 4.19%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 4 $700,000 $175,000 $6,662 3.94%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $695,000 $231,667 $4,412 4.71%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $690,000 $345,000 $2,898 3.69%
    ROANOKE, VA (FHA|USDA|VA) 3 $685,000 $228,333 $3,057 3.96%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $685,000 $685,000 $0 4.38%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $665,000 $221,667 $4,840 4.29%
    MADISON, WI (FHA|USDA|VA) 2 $660,000 $330,000 $3,089 4.25%
    Clearlake, CA (FHA|USDA|VA) 2 $630,000 $315,000 $3,122 3.56%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $625,000 $625,000 $6,756 4.88%
    Traverse City, MI (FHA|USDA|VA) 2 $600,000 $300,000 $2,999 4.19%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 3 $595,000 $198,333 $4,927 4.41%
    MEDFORD, OR (FHA|USDA|VA) 2 $590,000 $295,000 $3,491 4.00%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $585,000 $195,000 $4,090 3.75%
    YORK-HANOVER, PA (FHA|USDA|VA) 2 $580,000 $290,000 $5,531 3.94%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $570,000 $285,000 $5,031 4.37%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 2 $560,000 $280,000 $3,693 4.19%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 3 $555,000 $185,000 $4,150 3.96%
    YAKIMA, WA (FHA|USDA|VA) 2 $540,000 $270,000 $3,438 4.31%
    Show Low, AZ (FHA|USDA|VA) 2 $540,000 $270,000 $3,790 4.38%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 4 $520,000 $130,000 $3,383 4.72%
    MADERA, CA (FHA|USDA|VA) 2 $510,000 $255,000 $5,370 4.19%
    Georgetown, SC (FHA|USDA|VA) 2 $500,000 $250,000 $4,105 4.25%
    LAS CRUCES, NM (FHA|USDA|VA) 2 $500,000 $250,000 $6,179 4.56%
    ROCHESTER, MN (FHA|USDA|VA) 2 $490,000 $245,000 $3,406 4.00%
    Sonora, CA (FHA|USDA|VA) 2 $490,000 $245,000 $3,759 4.49%
    SALISBURY, MD-DE (FHA|USDA|VA) 2 $480,000 $240,000 $4,879 4.13%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $475,000 $158,333 $6,637 4.62%
    JACKSONVILLE, NC (FHA|USDA|VA) 2 $470,000 $235,000 $3,501 4.44%
    ASHEVILLE, NC (FHA|USDA|VA) 2 $470,000 $235,000 $3,341 4.25%
    Centralia, WA (FHA|USDA|VA) 2 $470,000 $235,000 $4,387 4.56%
    BATON ROUGE, LA (FHA|USDA|VA) 2 $460,000 $230,000 $4,923 4.63%
    JACKSON, MS (FHA|USDA|VA) 1 $455,000 $455,000 $3,211 5.50%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $455,000 $455,000 $4,953 4.38%
    Alexandria, MN (FHA|USDA|VA) 1 $455,000 $455,000 $4,575 3.75%
    Alamogordo, NM (FHA|USDA|VA) 1 $455,000 $455,000 $4,410 4.50%
    REDDING, CA (FHA|USDA|VA) 2 $450,000 $225,000 $3,184 4.38%
    Montrose, CO (FHA|USDA|VA) 1 $445,000 $445,000 $3,698 4.25%
    OCEAN CITY, NJ (FHA|USDA|VA) 1 $425,000 $425,000 $3,909 3.88%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 1 $415,000 $415,000 $4,184 3.75%
    HAMMOND, LA (FHA|USDA|VA) 1 $405,000 $405,000 $4,425 4.88%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $405,000 $405,000 $2,651 3.25%
    CHICO, CA (FHA|USDA|VA) 2 $400,000 $200,000 $3,192 4.56%
    COLUMBUS, IN (FHA|USDA|VA) 2 $400,000 $200,000 $2,809 4.31%
    WARNER ROBINS, GA (FHA|USDA|VA) 2 $390,000 $195,000 $3,642 4.06%
    Torrington, CT (FHA|USDA|VA) 2 $390,000 $195,000 $3,218 3.94%
    FLINT, MI (FHA|USDA|VA) 1 $385,000 $385,000 $3,175 4.49%
    Astoria, OR (FHA|USDA|VA) 1 $385,000 $385,000 $3,234 4.13%
    Union City, TN (FHA|USDA|VA) 2 $380,000 $190,000 $3,432 4.00%
    Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $375,000 $375,000 $6,474 3.75%
    Outside of Metro Areas 1 $375,000 $375,000 $4,692 4.63%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $365,000 $365,000 $4,551 4.25%
    FORT WAYNE, IN (FHA|USDA|VA) 2 $360,000 $180,000 $2,742 4.44%
    BRUNSWICK, GA (FHA|USDA|VA) 1 $355,000 $355,000 $4,135 4.50%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $350,000 $175,000 $3,112 4.25%
    Sevierville, TN (FHA|USDA|VA) 2 $340,000 $170,000 $4,003 3.81%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $340,000 $170,000 $6,343 4.31%
    GREELEY, CO (FHA|USDA|VA) 1 $335,000 $335,000 $3,898 4.38%
    Whitewater, WI (FHA|USDA|VA) 1 $335,000 $335,000 $3,592 4.25%
    TUSCALOOSA, AL (FHA|USDA|VA) 1 $335,000 $335,000 $2,556 4.38%
    LAREDO, TX (FHA|USDA|VA) 1 $325,000 $325,000 $3,137 4.38%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $315,000 $315,000 $4,170 4.25%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $315,000 $315,000 $2,998 4.25%
    Elko, NV (FHA|USDA|VA) 1 $305,000 $305,000 $3,475 4.88%
    Steamboat Springs, CO (FHA|USDA|VA) 1 $305,000 $305,000 $3,084 4.25%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $305,000 $305,000 $4,919 3.88%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $300,000 $150,000 $4,528 4.31%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $295,000 $295,000 $3,665 3.88%
    Durango, CO (FHA|USDA|VA) 1 $295,000 $295,000 $3,585 4.25%
    Sanford, NC (FHA|USDA|VA) 1 $295,000 $295,000 $4,993 4.25%
    EL CENTRO, CA (FHA|USDA|VA) 1 $285,000 $285,000 $4,009 4.38%
    URBAN HONOLULU, HI (FHA|USDA|VA) 1 $285,000 $285,000 $3,767 4.38%
    BELLINGHAM, WA (FHA|USDA|VA) 1 $285,000 $285,000 $3,630 5.13%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $285,000 $285,000 $8,037 4.13%
    Nacogdoches, TX (FHA|USDA|VA) 1 $285,000 $285,000 $4,660 4.38%
    Payson, AZ (FHA|USDA|VA) 2 $280,000 $140,000 $3,574 4.75%
    Winnemucca, NV (FHA|USDA|VA) 1 $275,000 $275,000 $2,694 3.63%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $275,000 $275,000 $4,339 3.75%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $275,000 $275,000 $3,719 4.50%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $275,000 $275,000 $3,612 4.38%
    Oak Harbor, WA (FHA|USDA|VA) 1 $275,000 $275,000 $2,546 4.25%
    Aberdeen, WA (FHA|USDA|VA) 1 $265,000 $265,000 $3,573 3.63%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $265,000 $265,000 $5,390 4.25%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $255,000 $255,000 $2,892 4.25%
    WINCHESTER, VA-WV (FHA|USDA|VA) 1 $255,000 $255,000 $3,806 4.63%
    Los Alamos, NM (FHA|USDA|VA) 1 $255,000 $255,000 $3,555 4.75%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $245,000 $245,000 $3,810 4.25%
    MERCED, CA (FHA|USDA|VA) 1 $245,000 $245,000 $3,495 4.38%
    JACKSON, TN (FHA|USDA|VA) 1 $245,000 $245,000 $3,427 4.25%
    Coos Bay, OR (FHA|USDA|VA) 1 $235,000 $235,000 $3,120 4.63%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $235,000 $235,000 $3,359 3.88%
    Oxford, MS (FHA|USDA|VA) 1 $235,000 $235,000 $3,717 4.30%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $235,000 $235,000 $3,376 4.25%
    Stillwater, OK (FHA|USDA|VA) 1 $235,000 $235,000 $3,088 4.38%
    Brookings, OR (FHA|USDA|VA) 1 $225,000 $225,000 $3,705 4.63%
    LAKE CHARLES, LA (FHA|USDA|VA) 1 $225,000 $225,000 $4,019 4.38%
    Baraboo, WI (FHA|USDA|VA) 1 $225,000 $225,000 $3,100 4.63%
    Andrews, TX (FHA|USDA|VA) 1 $225,000 $225,000 $7,969 4.88%
    HINESVILLE, GA (FHA|USDA|VA) 1 $225,000 $225,000 $11,191 3.88%
    DOVER, DE (FHA|USDA|VA) 1 $215,000 $215,000 $10,935 4.38%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $205,000 $205,000 $3,235 4.13%
    LOUISVILLE, KY (FHA|USDA|VA) 1 $205,000 $205,000 $2,999 4.63%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $205,000 $205,000 $2,633 4.13%
    HARRISONBURG, VA (FHA|USDA|VA) 1 $205,000 $205,000 $5,857 4.00%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $195,000 $195,000 $3,336 3.88%
    Rutland, VT (FHA|USDA|VA) 1 $195,000 $195,000 $6,512 4.13%
    Washington, NC (FHA|USDA|VA) 1 $195,000 $195,000 $2,939 3.88%
    Faribault-Northfield, MN (FHA|USDA|VA) 1 $195,000 $195,000 $2,985 4.13%
    LUBBOCK, TX (FHA|USDA|VA) 1 $195,000 $195,000 $3,877 4.63%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $195,000 $195,000 $3,074 3.63%
    NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $185,000 $185,000 $3,193 3.63%
    Durant, OK (FHA|USDA|VA) 1 $185,000 $185,000 $4,231 4.75%
    ERIE, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,817 4.13%
    ROME, GA (FHA|USDA|VA) 1 $185,000 $185,000 $6,969 4.88%
    Red Bluff, CA (FHA|USDA|VA) 1 $185,000 $185,000 $2,408 4.50%
    Toccoa, GA (FHA|USDA|VA) 1 $185,000 $185,000 $3,199 4.38%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $185,000 $185,000 $3,154 4.38%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $185,000 $185,000 $1,823 3.88%
    WALLA WALLA, WA (FHA|USDA|VA) 1 $185,000 $185,000 $2,335 3.38%
    LOGAN, UT-ID (FHA|USDA|VA) 1 $185,000 $185,000 $3,141 3.50%
    Easton, MD (FHA|USDA|VA) 1 $185,000 $185,000 $6,366 4.25%
    Pahrump, NV (FHA|USDA|VA) 1 $175,000 $175,000 $3,511 3.63%
    PITTSFIELD, MA (FHA|USDA|VA) 1 $175,000 $175,000 $3,924 4.50%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $175,000 $175,000 $4,269 3.99%
    MOBILE, AL (FHA|USDA|VA) 1 $175,000 $175,000 $3,354 4.13%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $175,000 $175,000 $4,264 4.50%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $175,000 $175,000 $2,796 3.75%
    The Dalles, OR (FHA|USDA|VA) 1 $175,000 $175,000 $4,411 3.50%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $155,000 $155,000 $3,206 4.63%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,931 4.75%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $145,000 $145,000 $2,989 4.25%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $135,000 $135,000 $4,236 3.75%
    Elk City, OK (FHA|USDA|VA) 1 $125,000 $125,000 $4,034 3.75%
    LEWISTON-AUBURN, ME (FHA|USDA|VA) 1 $125,000 $125,000 $3,719 4.63%
    Oil City, PA (FHA|USDA|VA) 1 $115,000 $115,000 $3,903 4.25%
    Watermark Capital's top markets include Los Angeles, San Diego, Phoenix, San Francisco, and Riverside among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

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

    Monterey Credit Union
    Similarity Rank: 16
    SANTA CLARA COUNTY
    Similarity Rank: 20
    MYPOINT Credit Union
    Similarity Rank: 55
    SESLOC
    Similarity Rank: 70
    Educational Employees Credit Union
    Similarity Rank: 84
    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 86
    Montecito Bank & Trust
    Similarity Rank: 90
    DOMINION ENERGY CREDIT UNION
    Similarity Rank: 108
    ONE NEVADA CREDIT UNION
    Similarity Rank: 161
    FRONTWAVE
    Similarity Rank: 176

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,912 $698,810,000 $365,486 $4,285 4.34%
    VA 82 $30,970,000 $377,683 $8,239 4.15%
    FHA 70 $21,090,000 $301,286 $9,921 4.50%
    USDA 2 $650,000 $325,000 $5,807 4.88%

    For 2018, Watermark Capital's most frequently originated type of loan was Conventional, with 1,912 originations. Their 2nd most popular type was VA, with 82 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,150 $414,420,000 $360,365 $5,117 4.40%
    Refi 577 $222,385,000 $385,416 $4,101 4.12%
    Cash Out Refi 339 $114,715,000 $338,392 $3,913 4.48%

    For 2018, Watermark Capital's most frequently cited loan purpose was Home Purchase, with 1,150 originations. The 2nd most popular reason was Refi, with 577 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,660 $630,190,000 $379,633 $4,865 4.45%
    15 Year 272 $76,610,000 $281,654 $3,656 3.72%
    20 Year 115 $34,425,000 $299,348 $3,545 4.08%
    Other 8 $2,240,000 $280,000 $4,585 4.30%
    10 Year 6 $2,540,000 $423,333 $4,059 3.75%
    30+ year 5 $5,515,000 $1,103,000 $11,539 6.00%

    For 2018, Watermark Capital's most frequently cited loan duration was 30 Year, with 1,660 originations. The 2nd most popular length was 15 Year, with 272 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,676 $586,140,000 $349,726
    $2k-3k 191 $63,145,000 $330,602
    $5k+ 81 $53,755,000 $663,642
    $3k-4k 68 $25,350,000 $372,794
    $4k-5k 34 $15,770,000 $463,824
    $<1k 4 $730,000 $182,500

    Watermark Capital's average total fees were $4,865, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,676 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,308 $480,100,000 $367,049
    3-4% 578 $202,480,000 $350,311
    5-6% 165 $57,685,000 $349,606
    6-7% 9 $8,385,000 $931,667
    2.5-3% 4 $2,370,000 $592,500
    <2.5% 1 $5,000 $5,000
    7-8% 1 $495,000 $495,000

    During 2018, Watermark Capital's average interest rate for loans was 4.45%, while their most frequently originated rate bucket for loans was 4-5%, with 1,308 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,041 $300,315,000 $288,487 $4,314 4.29%
    $400k-600k 453 $216,645,000 $478,245 $5,165 4.36%
    $100k-200k 337 $55,975,000 $166,098 $3,727 4.33%
    $600k-1MM 185 $133,105,000 $719,486 $5,874 4.39%
    $1MM+ 29 $43,825,000 $1,511,207 $13,239 4.73%
    $100,000 or less 21 $1,655,000 $78,810 $3,182 4.77%

    2018 saw Watermark Capital place emphasis on $200k-400k loans with 1,041 originations, totaling $300,315,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 639 $215,525,000 $337,285 $4,541 4.30%
    $150k-250k 497 $220,765,000 $444,195 $4,614 4.33%
    $75k-100k 368 $105,510,000 $286,712 $4,431 4.33%
    $50k-75k 274 $64,990,000 $237,190 $4,390 4.38%
    $250k+ 200 $126,940,000 $634,700 $6,083 4.35%
    $50k or less 85 $16,505,000 $194,176 $3,878 4.48%

    Watermark Capital lent most frequently to those with incomes in the $100k-150k range, with 639 originations. The second most popular income band? $150k-250k, with 497 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 464 $157,040,000 $338,448 $4,141 4.21%
    30-36% 422 $163,670,000 $387,844 $4,581 4.35%
    <20% 127 $37,925,000 $298,622 $3,995 4.11%
    42% 97 $43,125,000 $444,588 $5,080 4.36%
    40% 91 $36,055,000 $396,209 $4,824 4.27%
    38% 89 $36,875,000 $414,326 $4,546 4.44%
    39% 88 $33,000,000 $375,000 $4,380 4.43%
    37% 82 $31,090,000 $379,146 $4,381 4.33%
    44% 80 $25,490,000 $318,625 $4,318 4.43%
    43% 76 $26,260,000 $345,526 $4,523 4.49%
    41% 68 $26,300,000 $386,765 $4,848 4.49%
    45% 61 $18,575,000 $304,508 $4,540 4.35%
    49% 57 $19,265,000 $337,982 $4,807 4.40%
    36% 57 $18,485,000 $324,298 $5,025 4.47%
    48% 56 $20,260,000 $361,786 $4,865 4.46%
    47% 49 $15,065,000 $307,449 $4,738 4.53%
    46% 46 $15,290,000 $332,391 $4,817 4.41%
    50-60% 43 $22,405,000 $521,047 $11,043 4.49%
    >60% 3 $1,265,000 $421,667 $9,416 5.04%

    Watermark Capital lent most frequently to those with DTI ratios of 20-30%, with 464 originations. The next most common DTI ratio? 30-36%, with 422 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,483 $549,085,000 $370,253 $4,711 4.37%
    Not provided 298 $102,170,000 $342,852 $4,287 4.27%
    Asian 203 $75,455,000 $371,700 $4,560 4.19%
    Black 45 $13,435,000 $298,556 $5,047 4.34%
    American Indian 12 $4,050,000 $337,500 $4,996 4.47%
    Asian Indian 10 $2,960,000 $296,000 $3,390 4.23%
    Native Hawaiian or Islander 7 $2,005,000 $286,429 $4,406 4.13%
    Other Asian 4 $1,420,000 $355,000 $4,084 4.53%
    Filipino 3 $735,000 $245,000 $5,381 4.54%
    Vietnamese 1 $205,000 $205,000 $2,721 4.25%

    Approval Rates

    Total approvals of all applications
    94.01%

    Watermark Capital has an average approval rate.

    Pick Rate

    Approvals leading to origination
    69.46%

    Watermark Capital has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,066 $751,520,000 $363,756

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $185,000 $185,000
    Single Family (1-4 Units):Site-Built 2,065 $751,335,000 $363,843

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 94 $30,160,000 $320,851 $3,916 4.06%
    40-60% 316 $116,030,000 $367,184 $4,128 4.16%
    60-80% 881 $327,255,000 $371,459 $4,291 4.37%
    80-100% 765 $275,895,000 $360,647 $5,341 4.41%
    Under 20% 8 $1,480,000 $185,000 $3,461 3.78%