A&d Mortgage Rates, Fees & Info

Hollywood, FL

LEI: 2549005SIVTHG14U2905

Tax ID: 80-0832417

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Mortgage Data

Review & Overview

A&d Mortgage is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. A&d Mortgage 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.) Their top markets by origination volume include: Miami, Orlando, New York, Los Angeles, and Atlanta among others. We have data for 24 markets. (Some data included below & more in-depth data is available with an active subscription.)

A&d Mortgage has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. A&d Mortgage is typically a high 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 relatively high 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 8.54% 3/24/24
30 Year Conventional Refi 7.83% 3/24/24
30 Year Cash-out Refi 8.35% 3/24/24
30 Year FHA Purchase 7.48% 3/24/24
30 Year USDA Purchase 6.27% 3/24/24
15 Year Conventional Purchase 6.39% 3/24/24
15 Year Conventional Refi 6.16% 3/24/24
15 Year Cash-out Refi 6.16% 3/24/24
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.

A&d Mortgage Mortgage Calculator






Your Estimates

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

This is not an official calculator from A&d Mortgage. 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

613

Origination Dollar Volume (All Markets)

$210,945,000

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) 422 $162,810,000 $385,806 $14,646 6.83%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 103 $23,955,000 $232,573 $11,436 6.84%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 18 $5,710,000 $317,222 $12,586 6.56%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 5 $2,485,000 $497,000 $9,399 6.35%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 6 $1,900,000 $316,667 $14,540 7.13%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 10 $1,830,000 $183,000 $8,889 7.06%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $1,550,000 $258,333 $10,245 6.37%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 3 $1,165,000 $388,333 $12,736 7.62%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,050,000 $262,500 $17,341 8.93%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $1,000,000 $250,000 $7,187 7.34%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $975,000 $195,000 $9,708 6.50%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 3 $915,000 $305,000 $9,361 7.37%
JACKSONVILLE, FL (FHA|USDA|VA) 4 $910,000 $227,500 $8,978 5.84%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $765,000 $255,000 $9,668 7.83%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 3 $595,000 $198,333 $7,018 4.46%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $525,000 $525,000 $13,260 6.63%
EAST STROUDSBURG, PA (FHA|USDA|VA) 4 $460,000 $115,000 $7,712 9.09%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $455,000 $455,000 $5,995 6.13%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $410,000 $205,000 $7,850 5.94%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $355,000 $355,000 $13,586 6.49%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $355,000 $355,000 $12,871 6.88%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $325,000 $325,000 $3,817 4.50%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $245,000 $245,000 $13,208 5.25%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $200,000 $100,000 $6,337 8.37%
A&d Mortgage's top markets include Miami, Orlando, New York, Los Angeles, and Atlanta among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Similar Lenders

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

    SANTA CLARA COUNTY
    Similarity Rank: 20
    The Torrington Savings Bank
    Similarity Rank: 24
    SIKORSKY FINANCIAL
    Similarity Rank: 45
    MUTUAL SECURITY CREDIT UNION
    Similarity Rank: 48
    N C P D Federal Credit Union
    Similarity Rank: 55
    MYPOINT Credit Union
    Similarity Rank: 55
    McCoy Federal Credit Union
    Similarity Rank: 60
    Bogota Savings Bank
    Similarity Rank: 63
    Iron Workers Savings Bank
    Similarity Rank: 63
    Union County Savings Bank
    Similarity Rank: 66

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 573 $200,485,000 $349,887 $13,763 6.96%
    FHA 40 $10,460,000 $261,500 $10,100 5.14%

    For 2018, A&d Mortgage's most frequently originated type of loan was Conventional, with 573 originations. Their 2nd most popular type was FHA, with 40 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 449 $147,535,000 $328,586 $13,083 6.69%
    Cash Out Refi 126 $49,210,000 $390,556 $15,192 7.42%
    Refi 38 $14,200,000 $373,684 $13,211 6.69%

    For 2018, A&d Mortgage's most frequently cited loan purpose was Home Purchase, with 449 originations. The 2nd most popular reason was Cash Out Refi, with 126 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 540 $182,220,000 $337,444 $12,353 6.50%
    5 Year 70 $28,000,000 $400,000 $22,657 9.46%
    15 Year 2 $420,000 $210,000 $5,753 4.75%
    1 Year 1 $305,000 $305,000 $22,148 12.90%

    For 2018, A&d Mortgage's most frequently cited loan duration was 30 Year, with 540 originations. The 2nd most popular length was 5 Year, with 70 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 424 $172,890,000 $407,759
    $1k-2k 65 $18,115,000 $278,692
    $4k-5k 58 $8,810,000 $151,897
    $3k-4k 36 $5,220,000 $145,000
    $2k-3k 26 $4,840,000 $186,154
    $<1k 4 $1,070,000 $267,500

    A&d Mortgage's average total fees were $12,353, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 424 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 191 $73,705,000 $385,890
    5-6% 167 $58,965,000 $353,084
    7-8% 123 $33,185,000 $269,797
    Over 8% 97 $34,615,000 $356,856
    4-5% 33 $9,895,000 $299,848
    3-4% 2 $580,000 $290,000

    During 2018, A&d Mortgage's average interest rate for loans was 6.50%, while their most frequently originated rate bucket for loans was 6-7%, with 191 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 244 $69,040,000 $282,951 $11,591 6.51%
    $100k-200k 191 $28,665,000 $150,079 $8,288 7.08%
    $400k-600k 89 $41,555,000 $466,910 $15,897 6.64%
    $100,000 or less 38 $3,150,000 $82,895 $6,084 7.78%
    $600k-1MM 27 $20,655,000 $765,000 $24,473 7.17%
    $1MM+ 24 $47,880,000 $1,995,000 $65,514 7.15%

    2018 saw A&d Mortgage place emphasis on $200k-400k loans with 244 originations, totaling $69,040,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 237 $69,285,000 $292,342 $14,000 7.86%
    $250k+ 107 $70,535,000 $659,206 $21,265 6.31%
    $100k-150k 80 $21,830,000 $272,875 $10,898 6.27%
    $150k-250k 79 $26,105,000 $330,443 $11,663 6.31%
    $50k-75k 58 $12,010,000 $207,069 $7,679 5.81%
    $75k-100k 52 $11,180,000 $215,000 $8,819 6.10%

    A&d Mortgage lent most frequently to those with incomes in the $50k or less range, with 237 originations. The second most popular income band? $250k+, with 107 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 300 $99,360,000 $331,200 $14,760 7.53%
    20-30% 77 $28,115,000 $365,130 $14,023 6.33%
    30-36% 55 $24,485,000 $445,182 $15,208 6.53%
    50-60% 26 $7,150,000 $275,000 $9,860 5.28%
    49% 21 $5,475,000 $260,714 $8,598 6.04%
    42% 16 $6,000,000 $375,000 $12,610 6.02%
    38% 14 $7,490,000 $535,000 $14,553 6.21%
    40% 13 $4,785,000 $368,077 $13,843 6.73%
    41% 12 $3,140,000 $261,667 $9,608 5.89%
    44% 12 $3,010,000 $250,833 $10,810 5.66%
    46% 11 $4,085,000 $371,364 $9,856 5.77%
    45% 10 $2,960,000 $296,000 $9,311 5.79%
    43% 9 $2,805,000 $311,667 $7,007 5.50%
    48% 9 $2,255,000 $250,556 $9,730 5.94%
    39% 7 $2,385,000 $340,714 $12,341 7.39%
    37% 7 $1,865,000 $266,429 $8,925 5.80%
    36% 7 $2,905,000 $415,000 $12,387 6.48%
    47% 5 $1,775,000 $355,000 $9,864 6.35%
    >60% 2 $900,000 $450,000 $20,847 9.94%

    A&d Mortgage lent most frequently to those with DTI ratios of <20%, with 300 originations. The next most common DTI ratio? 20-30%, with 77 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 509 $182,305,000 $358,163 $13,920 6.80%
    Not provided 51 $14,035,000 $275,196 $12,574 7.01%
    Black 32 $7,570,000 $236,563 $10,745 7.29%
    Asian 19 $6,235,000 $328,158 $10,048 6.83%
    American Indian 1 $505,000 $505,000 $17,731 5.38%
    Other Pacific Islander 1 $295,000 $295,000 $11,325 7.63%

    Approval Rates

    Total approvals of all applications
    79.69%

    A&d Mortgage has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    82.87%

    A&d Mortgage has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 613 $210,945,000 $344,119

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 613 $210,945,000 $344,119

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 15 $4,545,000 $303,000 $13,042 6.97%
    40-60% 156 $60,160,000 $385,641 $15,665 6.89%
    60-80% 352 $118,790,000 $337,472 $13,247 7.06%
    80-100% 88 $26,030,000 $295,795 $10,621 5.85%