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 Home Purchase and Cash Out 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, Phoenix, Dallas, Houston, and San Francisco among others. We have data for 247 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.31% | 4/28/24 |
| 30 Year Conventional Refi | 6.10% | 4/28/24 |
| 30 Year Cash-out Refi | 6.29% | 4/28/24 |
| 30 Year FHA Purchase | 7.19% | 4/28/24 |
| 30 Year FHA Refi | 6.16% | 4/28/24 |
| 30 Year VA Purchase | 5.86% | 4/28/24 |
| 30 Year VA Refi | 5.66% | 4/28/24 |
| 30 Year USDA Purchase | 6.19% | 4/28/24 |
| 15 Year Conventional Purchase | 5.85% | 4/28/24 |
| 15 Year Conventional Refi | 5.60% | 4/28/24 |
| 15 Year Cash-out Refi | 5.60% | 4/28/24 |
| 15 Year VA Purchase | 5.77% | 4/28/24 |
| 15 Year VA Refi | 5.23% | 4/28/24 |
| 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
2,569Origination Dollar Volume (All Markets)
$1,077,635,000Awards
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Watermark Capital - 2022
Watermark Capital is a 2022 , due to their low .
For 2022, 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) | 300 | $193,340,000 | $644,467 | $8,374 | 3.98% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 306 | $111,710,000 | $365,065 | $4,989 | 3.85% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 205 | $91,985,000 | $448,707 | $7,433 | 4.34% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 134 | $56,700,000 | $423,134 | $7,662 | 4.12% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 77 | $53,085,000 | $689,416 | $7,128 | 3.44% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 113 | $46,045,000 | $407,478 | $6,175 | 3.90% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 63 | $35,495,000 | $563,413 | $7,297 | 3.80% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 66 | $27,230,000 | $412,576 | $5,953 | 3.88% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 80 | $25,530,000 | $319,125 | $5,847 | 3.74% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 28 | $25,410,000 | $907,500 | $7,734 | 3.23% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 60 | $24,660,000 | $411,000 | $6,840 | 3.96% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 50 | $22,400,000 | $448,000 | $4,892 | 3.48% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 22 | $13,750,000 | $625,000 | $8,068 | 3.71% |
| Outside of Metro Areas | 46 | $13,630,000 | $296,304 | $7,112 | 4.01% |
| RENO, NV (FHA|USDA|VA) | 26 | $13,330,000 | $512,692 | $6,845 | 3.91% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 21 | $12,335,000 | $587,381 | $6,918 | 3.47% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 45 | $12,135,000 | $269,667 | $5,483 | 4.27% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 21 | $11,185,000 | $532,619 | $6,214 | 3.72% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 25 | $10,925,000 | $437,000 | $8,409 | 4.84% |
| TUCSON, AZ (FHA|USDA|VA) | 38 | $10,910,000 | $287,105 | $5,443 | 3.88% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 41 | $10,635,000 | $259,390 | $5,921 | 4.29% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 32 | $9,710,000 | $303,438 | $6,776 | 4.15% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 14 | $8,150,000 | $582,143 | $5,060 | 4.16% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 22 | $7,310,000 | $332,273 | $5,799 | 5.29% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 17 | $7,075,000 | $416,176 | $5,600 | 3.39% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 27 | $6,895,000 | $255,370 | $5,174 | 3.90% |
| BOISE CITY, ID (FHA|USDA|VA) | 20 | $6,310,000 | $315,500 | $7,791 | 4.07% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 11 | $6,075,000 | $552,273 | $5,417 | 4.36% |
| PROVO-OREM, UT (FHA|USDA|VA) | 13 | $5,795,000 | $445,769 | $6,050 | 3.86% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 26 | $5,790,000 | $222,692 | $3,848 | 4.00% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 7 | $5,675,000 | $810,714 | $6,563 | 2.87% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 10 | $5,580,000 | $558,000 | $6,580 | 4.13% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 12 | $5,450,000 | $454,167 | $7,194 | 3.81% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 14 | $5,040,000 | $360,000 | $5,023 | 3.94% |
| STOCKTON, CA (FHA|USDA|VA) | 13 | $5,025,000 | $386,538 | $5,608 | 3.59% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 15 | $5,005,000 | $333,667 | $5,331 | 3.62% |
| FRESNO, CA (FHA|USDA|VA) | 14 | $4,900,000 | $350,000 | $4,742 | 4.02% |
| TULSA, OK (FHA|USDA|VA) | 22 | $4,610,000 | $209,545 | $6,600 | 3.82% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 6 | $4,260,000 | $710,000 | $11,282 | 3.77% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 11 | $4,255,000 | $386,818 | $4,542 | 3.73% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 16 | $4,070,000 | $254,375 | $5,657 | 4.03% |
| MODESTO, CA (FHA|USDA|VA) | 11 | $3,545,000 | $322,273 | $3,823 | 4.13% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 12 | $3,510,000 | $292,500 | $5,625 | 3.99% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 8 | $3,510,000 | $438,750 | $4,980 | 4.30% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 10 | $3,060,000 | $306,000 | $3,926 | 3.70% |
| Heber, UT (FHA|USDA|VA) | 3 | $2,875,000 | $958,333 | $7,732 | 5.17% |
| BRUNSWICK, GA (FHA|USDA|VA) | 3 | $2,845,000 | $948,333 | $13,047 | 3.71% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 7 | $2,755,000 | $393,571 | $5,757 | 3.12% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 6 | $2,700,000 | $450,000 | $5,815 | 3.96% |
| VALLEJO, CA (FHA|USDA|VA) | 7 | $2,695,000 | $385,000 | $3,822 | 3.86% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 9 | $2,585,000 | $287,222 | $5,634 | 3.62% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 8 | $2,320,000 | $290,000 | $4,916 | 4.12% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 9 | $2,295,000 | $255,000 | $4,651 | 3.79% |
| YUMA, AZ (FHA|USDA|VA) | 7 | $1,895,000 | $270,714 | $4,067 | 3.68% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $1,770,000 | $885,000 | $9,367 | 4.56% |
| WACO, TX (FHA|USDA|VA) | 5 | $1,645,000 | $329,000 | $7,213 | 3.98% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 5 | $1,575,000 | $315,000 | $7,905 | 4.13% |
| Athens, TX (FHA|USDA|VA) | 3 | $1,575,000 | $525,000 | $7,250 | 4.54% |
| Outside of Metro Areas | 4 | $1,570,000 | $392,500 | $3,817 | 3.53% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 7 | $1,565,000 | $223,571 | $4,424 | 3.41% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 7 | $1,555,000 | $222,143 | $2,621 | 2.86% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 3 | $1,505,000 | $501,667 | $5,256 | 5.04% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 6 | $1,420,000 | $236,667 | $6,154 | 4.62% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 4 | $1,410,000 | $352,500 | $4,229 | 2.84% |
| EL PASO, TX (FHA|USDA|VA) | 7 | $1,405,000 | $200,714 | $4,990 | 3.95% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 4 | $1,400,000 | $350,000 | $4,414 | 3.12% |
| KNOXVILLE, TN (FHA|USDA|VA) | 6 | $1,380,000 | $230,000 | $5,357 | 3.48% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 4 | $1,370,000 | $342,500 | $2,690 | 3.56% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 5 | $1,355,000 | $271,000 | $6,849 | 4.77% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 4 | $1,340,000 | $335,000 | $4,486 | 3.59% |
| MIDLAND, TX (FHA|USDA|VA) | 2 | $1,340,000 | $670,000 | $8,284 | 4.18% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 5 | $1,335,000 | $267,000 | $3,873 | 3.28% |
| Fredericksburg, TX (FHA|USDA|VA) | 2 | $1,290,000 | $645,000 | $9,976 | 3.69% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 5 | $1,275,000 | $255,000 | $7,233 | 4.18% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 4 | $1,270,000 | $317,500 | $4,762 | 4.97% |
| PITTSFIELD, MA (FHA|USDA|VA) | 2 | $1,250,000 | $625,000 | $5,425 | 2.63% |
| Fernley, NV (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $3,817 | 3.50% |
| NAPA, CA (FHA|USDA|VA) | 3 | $1,195,000 | $398,333 | $3,624 | 3.46% |
| SALINAS, CA (FHA|USDA|VA) | 3 | $1,145,000 | $381,667 | $3,789 | 4.33% |
| CHICO, CA (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $8,706 | 3.04% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 6 | $1,090,000 | $181,667 | $4,978 | 5.25% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 4 | $1,090,000 | $272,500 | $3,697 | 3.75% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 6 | $1,080,000 | $180,000 | $4,604 | 4.56% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 5 | $1,065,000 | $213,000 | $5,106 | 4.48% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $1,055,000 | $1,055,000 | $3,801 | 6.25% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 4 | $1,000,000 | $250,000 | $5,502 | 3.50% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 4 | $960,000 | $240,000 | $6,323 | 4.28% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $3,889 | 3.50% |
| Granbury, TX (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $4,859 | 5.06% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 5 | $925,000 | $185,000 | $3,077 | 2.85% |
| MONTGOMERY, AL (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $5,858 | 4.46% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $895,000 | $895,000 | $3,895 | 3.00% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $7,618 | 4.75% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $880,000 | $440,000 | $7,412 | 4.25% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $5,230 | 4.34% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $865,000 | $865,000 | $3,792 | 4.75% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $6,165 | 3.63% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $3,777 | 2.92% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $8,102 | 4.38% |
| ST. GEORGE, UT (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $3,281 | 3.46% |
| Nogales, AZ (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $3,902 | 4.38% |
| THE VILLAGES, FL (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $6,858 | 4.31% |
| Show Low, AZ (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $4,815 | 3.92% |
| ABILENE, TX (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $8,068 | 4.08% |
| AMARILLO, TX (FHA|USDA|VA) | 4 | $740,000 | $185,000 | $4,544 | 4.63% |
| FLINT, MI (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $3,245 | 5.44% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $2,788 | 3.06% |
| TYLER, TX (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $5,226 | 4.44% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $695,000 | $695,000 | $7,721 | 2.25% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $6,574 | 4.44% |
| VISALIA, CA (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $4,730 | 3.87% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $5,024 | 5.87% |
| Torrington, CT (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $4,602 | 3.06% |
| Sonora, CA (FHA|USDA|VA) | 1 | $645,000 | $645,000 | $9,081 | 3.50% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $5,007 | 4.50% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $4,444 | 2.91% |
| Cookeville, TN (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $7,014 | 3.31% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $3,406 | 3.44% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $7,020 | 3.58% |
| MADERA, CA (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $8,651 | 2.56% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $6,458 | 4.66% |
| Nacogdoches, TX (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $4,916 | 4.99% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $10,600 | 3.25% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $4,414 | 4.25% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $8,441 | 4.04% |
| Pecos, TX (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $6,812 | 5.88% |
| WALLA WALLA, WA (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $9,011 | 3.25% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $3,605 | 5.04% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $1,973 | 3.81% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $5,179 | 3.75% |
| MERCED, CA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $3,488 | 3.94% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $7,337 | 4.25% |
| READING, PA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $6,290 | 4.75% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $3,872 | 5.88% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $2,628 | 2.75% |
| PITTSBURGH, PA (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $4,649 | 4.29% |
| Starkville, MS (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,934 | 5.13% |
| Rexburg, ID (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $3,426 | 5.50% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $4,069 | 3.87% |
| Kapaa, HI (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $5,456 | 4.63% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $4,125 | 3.00% |
| SAN ANGELO, TX (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $5,535 | 3.38% |
| SALEM, OR (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $11,544 | 5.13% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $4,066 | 3.06% |
| Hilo, HI (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $5,704 | 3.88% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $4,243 | 3.50% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,848 | 3.88% |
| TWIN FALLS, ID (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $10,315 | 4.13% |
| Tahlequah, OK (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $6,730 | 2.94% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $2,952 | 4.88% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $8,955 | 6.11% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,369 | 2.88% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,744 | 5.06% |
| FOND DU LAC, WI (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $5,234 | 4.00% |
| Hailey, ID (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $11,152 | 5.63% |
| Shelby, NC (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $5,013 | 3.38% |
| Blackfoot, ID (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $13,079 | 4.75% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $19,390 | 4.13% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,613 | 3.38% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,398 | 3.25% |
| Sulphur Springs, TX (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $4,974 | 4.25% |
| OCALA, FL (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,046 | 5.88% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $3,078 | 3.69% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $15,239 | 3.88% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,255 | 3.50% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $10,087 | 5.00% |
| Durango, CO (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,427 | 2.75% |
| Danville, KY (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,209 | 5.00% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,167 | 3.50% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,263 | 6.11% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,110 | 2.00% |
| Payson, AZ (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $4,251 | 4.56% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,855 | 2.50% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,377 | 2.88% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,892 | 3.61% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,334 | 3.25% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $18,099 | 6.13% |
| Bay City, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,108 | 2.75% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,659 | 3.88% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $13,726 | 4.25% |
| Jackson, WY-ID (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,247 | 1.99% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $4,116 | 4.00% |
| Rockport, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,921 | 4.63% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $3,034 | 4.12% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,402 | 3.00% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,937 | 3.88% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,060 | 2.75% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,412 | 2.75% |
| Moscow, ID (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,969 | 4.75% |
| Rio Grande City-Roma, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,087 | 2.38% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,721 | 2.88% |
| Riverton, WY (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,449 | 4.25% |
| Big Spring, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,103 | 6.88% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,854 | 2.88% |
| Alice, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,755 | 3.13% |
| Red Bluff, CA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,056 | 4.38% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,694 | 4.75% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,168 | 4.25% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,051 | 2.99% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,525 | 3.13% |
| REDDING, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,058 | 3.25% |
| Fremont, NE (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,145 | 5.38% |
| Muskogee, OK (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,653 | 4.13% |
| Palatka, FL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $9,543 | 2.25% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,473 | 4.25% |
| ENID, OK (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,243 | 4.75% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,316 | 2.75% |
| Laurel, MS (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,617 | 2.88% |
| Fallon, NV (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,677 | 3.38% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,223 | 4.13% |
| Stillwater, OK (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,979 | 2.99% |
| Roswell, NM (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,115 | 4.50% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,946 | 3.38% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,473 | 3.25% |
| Durant, OK (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,365 | 4.88% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,602 | 3.13% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,657 | 3.00% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,315 | 4.50% |
| NILES, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,451 | 5.38% |
| Gallup, NM (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,276 | 5.38% |
| Bonham, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,113 | 5.00% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,234 | 5.25% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,342 | 3.75% |
| MUSKEGON, MI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,277 | 3.75% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,260 | 3.63% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,046 | 4.50% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,721 | 3.75% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,201 | 3.00% |
| GOLDSBORO, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,538 | 5.13% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $7,111 | 4.63% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,222 | 5.25% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,063 | 3.88% |
| MIDLAND, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,239 | 4.25% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,199 | 3.63% |
| Seymour, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,364 | 5.63% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,397 | 4.63% |
| ALTOONA, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,525 | 5.13% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,387 | 3.75% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,513 | 2.38% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,842 | 3.88% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,006 | 6.63% |
| DALTON, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,353 | 3.50% |
| DOVER, DE (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,205 | 5.75% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,758 | 3.13% |
| Danville, VA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,722 | 4.50% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,797 | 4.25% |
| Bartlesville, OK (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,779 | 5.88% |
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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.
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Product Mix
For 2022, Watermark Capital's most frequently originated type of loan was Conventional, with 2,418 originations. Their 2nd most popular type was VA, with 104 originations.
Loan Reason
For 2022, Watermark Capital's most frequently cited loan purpose was Home Purchase, with 1,075 originations. The 2nd most popular reason was Cash Out Refi, with 822 originations.
Loan Duration/Length
For 2022, Watermark Capital's most frequently cited loan duration was 30 Year, with 2,148 originations. The 2nd most popular length was 15 Year, with 256 originations.
Origination Fees/Closing Costs
Watermark Capital's average total fees were $6,639, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,442 originations.
Interest Rates
During 2022, Watermark Capital's average interest rate for loans was 4.14%, while their most frequently originated rate bucket for loans was 3-4%, with 840 originations.
Loan Sizing
2022 saw Watermark Capital place emphasis on $200k-400k loans with 1,156 originations, totaling $334,290,000 in origination value.
Applicant Income
Watermark Capital lent most frequently to those with incomes in the $100k-150k range, with 667 originations. The second most popular income band? $150k-250k, with 624 originations.
Applicant Debt to Income Ratio
Watermark Capital lent most frequently to those with DTI ratios of 30-36%, with 500 originations. The next most common DTI ratio? 20-30%, with 499 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.71%
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 origination79.33%
Watermark Capital has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,569 | $1,077,635,000 | $419,476 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2,569 | $1,077,635,000 | $419,476 |