Watermark Capital Mortgage Rates, Fees & Info
Irvine, CALEI: 2549005Q4HZ55QX7YC64
Tax ID: 20-4255880
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Mortgage Data
Review & Overview
Watermark Capital is a small mortgage company specializing in Refi and Home Purchase 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, Dallas, Phoenix, San Francisco, and San Diego among others. We have data for 236 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 a low 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.31% | 11/21/24 |
| 30 Year Conventional Refi | 6.10% | 11/21/24 |
| 30 Year Cash-out Refi | 6.29% | 11/21/24 |
| 30 Year FHA Purchase | 7.19% | 11/21/24 |
| 30 Year FHA Refi | 6.16% | 11/21/24 |
| 30 Year VA Purchase | 5.86% | 11/21/24 |
| 30 Year VA Refi | 5.66% | 11/21/24 |
| 30 Year USDA Purchase | 6.19% | 11/21/24 |
| 15 Year Conventional Purchase | 5.85% | 11/21/24 |
| 15 Year Conventional Refi | 5.60% | 11/21/24 |
| 15 Year Cash-out Refi | 5.60% | 11/21/24 |
| 15 Year VA Purchase | 5.77% | 11/21/24 |
| 15 Year VA Refi | 5.23% | 11/21/24 |
| 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
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This is not an official calculator from Watermark Capital. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
3,390Origination Dollar Volume (All Markets)
$1,229,520,000Awards
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Watermark Capital - 2019
Watermark Capital is a 2019 , due to their low .
For 2019, 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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 512 | $278,840,000 | $544,609 | $4,372 | 3.96% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 255 | $104,035,000 | $407,980 | $5,793 | 3.98% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 307 | $86,945,000 | $283,208 | $3,727 | 4.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 94 | $51,540,000 | $548,298 | $4,280 | 3.86% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 103 | $48,045,000 | $466,456 | $4,371 | 3.99% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 145 | $47,275,000 | $326,034 | $4,149 | 3.86% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 116 | $43,180,000 | $372,241 | $3,615 | 3.79% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 83 | $34,505,000 | $415,723 | $4,235 | 3.84% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 78 | $27,930,000 | $358,077 | $3,668 | 3.85% |
| FRESNO, CA (FHA|USDA|VA) | 140 | $27,930,000 | $199,500 | $5,482 | 4.01% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 78 | $26,850,000 | $344,231 | $3,939 | 3.75% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 63 | $24,335,000 | $386,270 | $3,800 | 3.87% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 80 | $24,270,000 | $303,375 | $3,554 | 3.83% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 67 | $22,145,000 | $330,522 | $3,943 | 3.83% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 41 | $19,505,000 | $475,732 | $5,004 | 3.88% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 56 | $18,270,000 | $326,250 | $4,418 | 3.80% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 61 | $17,885,000 | $293,197 | $4,864 | 3.88% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 30 | $16,050,000 | $535,000 | $4,182 | 3.71% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 43 | $10,935,000 | $254,302 | $4,099 | 3.94% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 32 | $10,530,000 | $329,063 | $3,196 | 3.79% |
| VISALIA, CA (FHA|USDA|VA) | 49 | $10,495,000 | $214,184 | $5,236 | 4.25% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 29 | $9,275,000 | $319,828 | $3,578 | 3.72% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 29 | $8,615,000 | $297,069 | $4,779 | 3.67% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 29 | $8,535,000 | $294,310 | $3,855 | 3.84% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 27 | $8,485,000 | $314,259 | $3,763 | 3.70% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 29 | $7,765,000 | $267,759 | $3,261 | 3.85% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 27 | $7,685,000 | $284,630 | $4,818 | 3.89% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 24 | $6,980,000 | $290,833 | $4,784 | 3.93% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 22 | $6,500,000 | $295,455 | $3,519 | 3.76% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 20 | $6,460,000 | $323,000 | $4,149 | 3.84% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 23 | $6,175,000 | $268,478 | $4,606 | 3.96% |
| Outside of Metro Areas | 20 | $5,860,000 | $293,000 | $4,444 | 3.77% |
| STOCKTON, CA (FHA|USDA|VA) | 19 | $5,845,000 | $307,632 | $4,233 | 3.87% |
| BOISE CITY, ID (FHA|USDA|VA) | 17 | $5,525,000 | $325,000 | $4,623 | 3.84% |
| RENO, NV (FHA|USDA|VA) | 15 | $5,495,000 | $366,333 | $4,001 | 3.83% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 13 | $5,195,000 | $399,615 | $2,919 | 3.73% |
| SALINAS, CA (FHA|USDA|VA) | 11 | $4,795,000 | $435,909 | $4,572 | 3.90% |
| PROVO-OREM, UT (FHA|USDA|VA) | 15 | $4,635,000 | $309,000 | $3,280 | 3.69% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 17 | $4,415,000 | $259,706 | $3,382 | 4.15% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 13 | $4,055,000 | $311,923 | $4,139 | 3.81% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 13 | $3,775,000 | $290,385 | $4,926 | 3.80% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 11 | $3,555,000 | $323,182 | $3,823 | 4.03% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 9 | $3,335,000 | $370,556 | $3,325 | 3.99% |
| ST. GEORGE, UT (FHA|USDA|VA) | 8 | $3,200,000 | $400,000 | $3,622 | 3.86% |
| SALEM, OR (FHA|USDA|VA) | 12 | $3,190,000 | $265,833 | $4,383 | 3.71% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 8 | $3,070,000 | $383,750 | $4,366 | 3.64% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 13 | $2,955,000 | $227,308 | $3,890 | 3.79% |
| TUCSON, AZ (FHA|USDA|VA) | 11 | $2,925,000 | $265,909 | $4,883 | 3.99% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 12 | $2,790,000 | $232,500 | $3,160 | 3.72% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 12 | $2,720,000 | $226,667 | $4,612 | 4.09% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 8 | $2,660,000 | $332,500 | $3,431 | 3.81% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 10 | $2,650,000 | $265,000 | $3,722 | 4.17% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 10 | $2,640,000 | $264,000 | $3,178 | 3.81% |
| BOULDER, CO (FHA|USDA|VA) | 7 | $2,595,000 | $370,714 | $3,243 | 3.95% |
| RICHMOND, VA (FHA|USDA|VA) | 9 | $2,395,000 | $266,111 | $3,448 | 3.64% |
| Heber, UT (FHA|USDA|VA) | 5 | $2,305,000 | $461,000 | $3,725 | 3.85% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 8 | $2,160,000 | $270,000 | $2,950 | 3.90% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 6 | $2,060,000 | $343,333 | $3,757 | 4.15% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 8 | $2,020,000 | $252,500 | $3,868 | 4.05% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 7 | $2,015,000 | $287,857 | $3,978 | 3.60% |
| CHICO, CA (FHA|USDA|VA) | 8 | $1,990,000 | $248,750 | $3,274 | 3.71% |
| BEND, OR (FHA|USDA|VA) | 7 | $1,965,000 | $280,714 | $3,336 | 3.75% |
| LONGVIEW, WA (FHA|USDA|VA) | 6 | $1,930,000 | $321,667 | $2,836 | 3.75% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 6 | $1,900,000 | $316,667 | $2,965 | 4.06% |
| FORT COLLINS, CO (FHA|USDA|VA) | 5 | $1,855,000 | $371,000 | $4,109 | 3.68% |
| BELLINGHAM, WA (FHA|USDA|VA) | 5 | $1,745,000 | $349,000 | $3,865 | 3.85% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 5 | $1,655,000 | $331,000 | $3,846 | 3.93% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 3 | $1,645,000 | $548,333 | $4,350 | 3.83% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 7 | $1,585,000 | $226,429 | $3,403 | 4.00% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 6 | $1,580,000 | $263,333 | $3,444 | 3.60% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 3 | $1,525,000 | $508,333 | $4,479 | 3.96% |
| TULSA, OK (FHA|USDA|VA) | 5 | $1,495,000 | $299,000 | $4,548 | 3.86% |
| VALLEJO, CA (FHA|USDA|VA) | 5 | $1,405,000 | $281,000 | $2,907 | 3.78% |
| PITTSBURGH, PA (FHA|USDA|VA) | 5 | $1,355,000 | $271,000 | $4,491 | 3.60% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 4 | $1,350,000 | $337,500 | $3,578 | 3.72% |
| MADERA, CA (FHA|USDA|VA) | 5 | $1,315,000 | $263,000 | $4,963 | 3.65% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 4 | $1,300,000 | $325,000 | $2,744 | 3.66% |
| NAPA, CA (FHA|USDA|VA) | 3 | $1,255,000 | $418,333 | $5,943 | 3.67% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 4 | $1,230,000 | $307,500 | $3,396 | 3.78% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 4 | $1,170,000 | $292,500 | $3,849 | 3.56% |
| Kapaa, HI (FHA|USDA|VA) | 1 | $1,165,000 | $1,165,000 | $7,633 | 4.88% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 6 | $1,130,000 | $188,333 | $4,192 | 3.48% |
| GREELEY, CO (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $4,937 | 3.71% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 4 | $1,120,000 | $280,000 | $4,954 | 3.50% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 4 | $1,120,000 | $280,000 | $3,609 | 4.34% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $1,105,000 | $368,333 | $8,788 | 3.63% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 4 | $1,100,000 | $275,000 | $3,678 | 3.81% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 3 | $1,085,000 | $361,667 | $4,280 | 3.73% |
| MODESTO, CA (FHA|USDA|VA) | 4 | $1,040,000 | $260,000 | $2,828 | 3.78% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 3 | $1,035,000 | $345,000 | $3,055 | 3.88% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 6 | $1,030,000 | $171,667 | $2,327 | 4.10% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $4,279 | 3.34% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $3,622 | 4.17% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $3,743 | 3.58% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 5 | $935,000 | $187,000 | $4,115 | 3.83% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $4,022 | 4.04% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 3 | $905,000 | $301,667 | $6,793 | 3.46% |
| WILMINGTON, NC (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $4,022 | 3.58% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $3,870 | 3.75% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $2,785 | 3.50% |
| LONGVIEW, TX (FHA|USDA|VA) | 4 | $810,000 | $202,500 | $4,109 | 3.94% |
| Mount Pleasant, TX (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $4,029 | 3.61% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 4 | $790,000 | $197,500 | $3,491 | 4.22% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $2,984 | 3.58% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 4 | $760,000 | $190,000 | $4,329 | 3.66% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $3,279 | 3.79% |
| SANTA FE, NM (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $3,546 | 4.00% |
| Granbury, TX (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $3,916 | 3.55% |
| ASHEVILLE, NC (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $3,299 | 3.38% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $3,433 | 3.81% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $3,837 | 3.77% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $3,219 | 4.08% |
| BATON ROUGE, LA (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $3,908 | 3.83% |
| KNOXVILLE, TN (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $2,945 | 4.08% |
| LANCASTER, PA (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $4,772 | 3.88% |
| PUEBLO, CO (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $6,702 | 4.62% |
| HAMMOND, LA (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $5,556 | 3.88% |
| LAS CRUCES, NM (FHA|USDA|VA) | 3 | $645,000 | $215,000 | $6,095 | 3.63% |
| Athens, TX (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $3,890 | 3.81% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $3,841 | 3.46% |
| Hailey, ID (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $3,418 | 3.81% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $2,971 | 4.88% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $3,641 | 4.63% |
| TYLER, TX (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $4,896 | 3.94% |
| JACKSON, MS (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $3,351 | 4.38% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $4,830 | 3.67% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $4,553 | 3.42% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $2,731 | 3.31% |
| WACO, TX (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $4,114 | 3.56% |
| CORVALLIS, OR (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $3,341 | 4.74% |
| HARRISONBURG, VA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $7,097 | 3.31% |
| Hood River, OR (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $2,604 | 3.88% |
| Sonora, CA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $4,438 | 4.88% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $6,149 | 3.63% |
| LYNCHBURG, VA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $1,239 | 3.75% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $4,008 | 3.63% |
| Newport, OR (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $3,335 | 4.00% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $2,936 | 3.75% |
| CARSON CITY, NV (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,223 | 4.62% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $6,636 | 3.38% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $18,801 | 4.50% |
| COLUMBIA, SC (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $4,259 | 4.50% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $4,001 | 3.25% |
| Moscow, ID (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,830 | 4.49% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,152 | 4.13% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $2,660 | 3.85% |
| Clearlake, CA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,165 | 3.38% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $3,489 | 3.75% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,810 | 3.13% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,003 | 4.25% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $3,070 | 3.50% |
| Coos Bay, OR (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $6,764 | 3.50% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,888 | 3.75% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $5,102 | 4.81% |
| Uvalde, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $4,509 | 3.38% |
| Clarksburg, WV (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $10,164 | 2.88% |
| Payson, AZ (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $3,560 | 4.21% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $3,307 | 3.81% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $4,688 | 3.63% |
| Vernal, UT (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,904 | 3.88% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $14,237 | 3.13% |
| Shelby, NC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $3,348 | 3.99% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $3,166 | 5.00% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,872 | 4.13% |
| PITTSFIELD, MA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,739 | 4.13% |
| Aberdeen, WA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $2,654 | 4.25% |
| Outside of Metro Areas | 1 | $305,000 | $305,000 | $5,082 | 3.50% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,280 | 3.38% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,203 | 3.38% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,316 | 3.38% |
| Durango, CO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,992 | 3.38% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,044 | 4.25% |
| Boone, NC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,501 | 4.99% |
| EL PASO, TX (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $5,009 | 3.94% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,877 | 4.00% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,535 | 4.00% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,970 | 3.75% |
| Brookings, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,858 | 3.38% |
| Shelton, WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,698 | 4.25% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,810 | 4.88% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,142 | 4.13% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,091 | 3.63% |
| MADISON, WI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,127 | 4.00% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,242 | 4.25% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,129 | 3.50% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,448 | 4.13% |
| READING, PA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,425 | 4.00% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,890 | 3.88% |
| Rexburg, ID (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,249 | 4.38% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,511 | 3.00% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,326 | 3.00% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,830 | 4.13% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,265 | 3.50% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,138 | 3.50% |
| Baraboo, WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,489 | 3.88% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,306 | 3.38% |
| WALLA WALLA, WA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,969 | 4.00% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,817 | 3.88% |
| Steamboat Springs, CO (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,187 | 3.88% |
| Concord, NH (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,232 | 3.63% |
| ANN ARBOR, MI (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,945 | 3.63% |
| ST. CLOUD, MN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,022 | 3.75% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,257 | 4.75% |
| DeRidder, LA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,247 | 4.00% |
| Hilo, HI (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,239 | 4.13% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,964 | 3.63% |
| SAN ANGELO, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,172 | 3.38% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,716 | 3.00% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,533 | 3.75% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,296 | 4.38% |
| Oxford, MS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,487 | 3.50% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,423 | 3.38% |
| MONROE, MI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,932 | 3.50% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,515 | 3.00% |
| Bemidji, MN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,172 | 4.50% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,855 | 3.88% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,091 | 4.38% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,499 | 3.38% |
| Ellensburg, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,450 | 4.13% |
| Fernley, NV (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,814 | 4.23% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,926 | 3.00% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,138 | 4.38% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,624 | 3.00% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,002 | 4.25% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,258 | 4.25% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,158 | 3.75% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,680 | 3.00% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,817 | 3.75% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,157 | 5.00% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,902 | 4.50% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,547 | 4.00% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,522 | 3.88% |
| LAFAYETTE, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,947 | 4.25% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,375 | 2.88% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,279 | 4.38% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,487 | 5.38% |
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Product Mix
For 2019, Watermark Capital's most frequently originated type of loan was Conventional, with 3,119 originations. Their 2nd most popular type was VA, with 128 originations.
Loan Reason
For 2019, Watermark Capital's most frequently cited loan purpose was Refi, with 1,685 originations. The 2nd most popular reason was Home Purchase, with 1,044 originations.
Loan Duration/Length
For 2019, Watermark Capital's most frequently cited loan duration was 30 Year, with 2,791 originations. The 2nd most popular length was 15 Year, with 410 originations.
Origination Fees/Closing Costs
Watermark Capital's average total fees were $4,387, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,767 originations.
Interest Rates
During 2019, Watermark Capital's average interest rate for loans was 3.99%, while their most frequently originated rate bucket for loans was 3-4%, with 2,204 originations.
Loan Sizing
2019 saw Watermark Capital place emphasis on $200k-400k loans with 1,776 originations, totaling $512,310,000 in origination value.
Applicant Income
Watermark Capital lent most frequently to those with incomes in the $100k-150k range, with 1,043 originations. The second most popular income band? $150k-250k, with 800 originations.
Applicant Debt to Income Ratio
Watermark Capital lent most frequently to those with DTI ratios of 20-30%, with 762 originations. The next most common DTI ratio? 30-36%, with 712 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.21%
Watermark Capital has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination74.87%
Watermark Capital has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 3,390 | $1,229,520,000 | $362,690 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 2 | $500,000 | $250,000 |
| Single Family (1-4 Units):Site-Built | 3,388 | $1,229,020,000 | $362,757 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| WATERMARK CAPITAL, INC. | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 50.0% |
| WATERMARK CAPITAL, INC. | Conventional home mortgage | Trouble during payment process | 1 | 50.0% |