Family First Funding Mortgage Rates, Fees & Info

TOMS RIVER, NJ

LEI: 2549009V3JISNNLCD785

Tax ID: 80-0743699

2.2 stars - out of 5 stars, based on 76 reviews

Latest/2021 | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Family First Funding is a small mortgage company specializing in Home Purchase and Refi loans. Family First Funding has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: New York, Miami, Philadelphia, Allentown, and Poughkeepsie among others. We have data for 128 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Family First Funding 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. Family First Funding 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 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 6.63% 3/19/23
    30 Year Conventional Refi 6.41% 3/19/23
    30 Year Cash-out Refi 6.68% 3/19/23
    30 Year FHA Purchase 7.50% 3/19/23
    30 Year FHA Refi 7.22% 3/19/23
    30 Year VA Purchase 6.40% 3/19/23
    30 Year VA Refi 6.08% 3/19/23
    30 Year USDA Purchase 7.03% 3/19/23
    30 Year USDA Refi 6.97% 3/19/23
    15 Year Conventional Purchase 6.01% 3/19/23
    15 Year Conventional Refi 5.93% 3/19/23
    15 Year Cash-out Refi 5.93% 3/19/23
    15 Year FHA Refi 6.95% 3/19/23
    15 Year VA Refi 5.53% 3/19/23
    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.


    Originations

    5,736

    Origination Dollar Volume (All Markets)

    $1,956,040,000

    Awards

    FAMILY FIRST FUNDING 30 Year Conventional Loans silver
    Show all (1) awards

    Relative Rate

    Family First Funding's average 30 year fixed mortgage rate was 3.11%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.04%.

    Relative Fees (Closing Costs)

    Family First Funding's average total fees/closing costs for a 30 year fixed rate mortgage were $7,642.

    The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.

    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
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 4,090 $1,510,200,000 $369,242 $7,639 3.01%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 154 $55,630,000 $361,234 $6,677 3.10%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 208 $52,240,000 $251,154 $7,050 3.07%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 156 $41,280,000 $264,615 $6,784 3.08%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 81 $23,735,000 $293,025 $7,612 2.98%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 83 $22,435,000 $270,301 $6,909 3.34%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 71 $18,635,000 $262,465 $6,618 3.05%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 53 $13,825,000 $260,849 $6,267 3.21%
    LEBANON, PA (FHA|USDA|VA) 74 $12,590,000 $170,135 $5,698 3.19%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 61 $11,095,000 $181,885 $5,611 3.39%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 40 $10,680,000 $267,000 $6,196 3.36%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 45 $10,605,000 $235,667 $5,345 3.06%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 28 $9,540,000 $340,714 $6,720 3.11%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 20 $9,100,000 $455,000 $8,801 3.16%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 38 $8,870,000 $233,421 $5,593 3.18%
    Outside of Metro Areas 40 $8,640,000 $216,000 $6,408 3.12%
    Key West, FL (FHA|USDA|VA) 6 $7,930,000 $1,321,667 $10,133 3.29%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 21 $7,375,000 $351,190 $7,375 3.20%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 19 $5,775,000 $303,947 $5,838 2.91%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 15 $4,875,000 $325,000 $5,048 3.06%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 23 $4,605,000 $200,217 $5,603 3.34%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 18 $4,530,000 $251,667 $5,477 3.05%
    OCEAN CITY, NJ (FHA|USDA|VA) 17 $4,215,000 $247,941 $6,097 3.01%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 19 $3,935,000 $207,105 $6,146 3.19%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 18 $3,770,000 $209,444 $5,383 3.10%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 20 $3,750,000 $187,500 $4,411 3.23%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 6 $3,520,000 $586,667 $8,536 2.75%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 17 $3,265,000 $192,059 $5,477 3.29%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 7 $3,005,000 $429,286 $7,787 3.34%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 10 $2,920,000 $292,000 $7,096 3.49%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 8 $2,860,000 $357,500 $7,386 2.90%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 10 $2,770,000 $277,000 $5,971 3.09%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 11 $2,555,000 $232,273 $7,343 3.20%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $2,440,000 $1,220,000 $5,592 3.13%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 9 $2,435,000 $270,556 $6,020 3.07%
    COLUMBIA, SC (FHA|USDA|VA) 12 $2,420,000 $201,667 $5,384 3.41%
    YORK-HANOVER, PA (FHA|USDA|VA) 11 $2,325,000 $211,364 $5,031 3.05%
    ASHEVILLE, NC (FHA|USDA|VA) 5 $2,325,000 $465,000 $6,473 3.37%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 6 $1,800,000 $300,000 $7,377 3.23%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 4 $1,710,000 $427,500 $7,954 3.09%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 8 $1,660,000 $207,500 $6,648 3.38%
    RALEIGH-CARY, NC (FHA|USDA|VA) 6 $1,620,000 $270,000 $5,029 2.81%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $1,515,000 $303,000 $7,911 3.38%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 7 $1,455,000 $207,857 $4,887 2.98%
    JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,445,000 $289,000 $7,824 3.20%
    SAVANNAH, GA (FHA|USDA|VA) 5 $1,405,000 $281,000 $4,239 3.07%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $1,380,000 $690,000 $4,642 3.13%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 6 $1,330,000 $221,667 $4,057 3.44%
    LANCASTER, PA (FHA|USDA|VA) 6 $1,330,000 $221,667 $5,689 3.06%
    SPARTANBURG, SC (FHA|USDA|VA) 5 $1,285,000 $257,000 $10,013 3.48%
    PITTSBURGH, PA (FHA|USDA|VA) 5 $1,245,000 $249,000 $5,490 2.65%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 3 $1,245,000 $415,000 $10,099 3.50%
    READING, PA (FHA|USDA|VA) 5 $1,175,000 $235,000 $6,771 3.23%
    GAINESVILLE, FL (FHA|USDA|VA) 4 $1,040,000 $260,000 $4,432 3.09%
    Pottsville, PA (FHA|USDA|VA) 6 $1,020,000 $170,000 $7,125 3.38%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,015,000 $203,000 $5,512 3.25%
    SPRINGFIELD, MA (FHA|USDA|VA) 4 $1,010,000 $252,500 $6,666 3.34%
    KINGSTON, NY (FHA|USDA|VA) 4 $960,000 $240,000 $7,086 2.84%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 3 $935,000 $311,667 $4,548 3.42%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $925,000 $925,000 $5,166 3.38%
    OCALA, FL (FHA|USDA|VA) 5 $895,000 $179,000 $5,636 3.28%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $865,000 $288,333 $5,479 3.33%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $850,000 $425,000 $4,288 3.75%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $850,000 $425,000 $6,221 2.75%
    Sevierville, TN (FHA|USDA|VA) 2 $840,000 $420,000 $8,455 3.50%
    RICHMOND, VA (FHA|USDA|VA) 2 $780,000 $390,000 $5,388 3.38%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 4 $730,000 $182,500 $8,684 3.56%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $685,000 $685,000 $5,474 3.25%
    SUMTER, SC (FHA|USDA|VA) 2 $660,000 $330,000 $12,935 3.50%
    THE VILLAGES, FL (FHA|USDA|VA) 3 $605,000 $201,667 $4,914 2.83%
    FAYETTEVILLE, NC (FHA|USDA|VA) 2 $590,000 $295,000 $6,067 3.75%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $550,000 $275,000 $5,935 2.88%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $545,000 $545,000 $5,537 3.00%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 5 $545,000 $109,000 $3,403 3.67%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $510,000 $255,000 $8,770 4.13%
    Hudson, NY (FHA|USDA|VA) 2 $490,000 $245,000 $6,235 3.31%
    VALLEJO, CA (FHA|USDA|VA) 1 $485,000 $485,000 $4,881 2.25%
    ROCHESTER, NY (FHA|USDA|VA) 3 $485,000 $161,667 $6,663 3.58%
    HARRISONBURG, VA (FHA|USDA|VA) 1 $485,000 $485,000 $4,472 2.99%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 2 $440,000 $220,000 $6,486 3.06%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $440,000 $220,000 $4,107 3.38%
    PUNTA GORDA, FL (FHA|USDA|VA) 2 $440,000 $220,000 $4,119 3.25%
    Astoria, OR (FHA|USDA|VA) 1 $415,000 $415,000 $2,931 3.50%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $390,000 $195,000 $4,072 3.44%
    WORCESTER, MA-CT (FHA|USDA|VA) 1 $385,000 $385,000 $4,236 2.88%
    Zanesville, OH (FHA|USDA|VA) 2 $380,000 $190,000 $4,841 4.00%
    AKRON, OH (FHA|USDA|VA) 1 $375,000 $375,000 $4,836 2.38%
    SALINAS, CA (FHA|USDA|VA) 1 $365,000 $365,000 $4,780 2.25%
    SALISBURY, MD-DE (FHA|USDA|VA) 1 $365,000 $365,000 $11,732 3.25%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $360,000 $180,000 $4,137 3.06%
    Breckenridge, CO (FHA|USDA|VA) 1 $345,000 $345,000 $3,623 2.88%
    DOVER, DE (FHA|USDA|VA) 2 $340,000 $170,000 $5,389 4.38%
    Washington, NC (FHA|USDA|VA) 1 $335,000 $335,000 $18,392 3.13%
    WINSTON-SALEM, NC (FHA|USDA|VA) 2 $320,000 $160,000 $3,256 3.13%
    Greenwood, SC (FHA|USDA|VA) 2 $310,000 $155,000 $6,494 3.44%
    Torrington, CT (FHA|USDA|VA) 1 $305,000 $305,000 $5,083 3.38%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $300,000 $150,000 $4,679 3.06%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $275,000 $275,000 $3,877 2.13%
    Steamboat Springs, CO (FHA|USDA|VA) 1 $275,000 $275,000 $12,077 3.50%
    BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $255,000 $255,000 $4,361 2.75%
    Okeechobee, FL (FHA|USDA|VA) 1 $255,000 $255,000 $9,511 2.75%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $245,000 $245,000 $4,493 3.13%
    COLUMBUS, OH (FHA|USDA|VA) 1 $235,000 $235,000 $3,257 2.75%
    DECATUR, AL (FHA|USDA|VA) 1 $235,000 $235,000 $3,965 3.50%
    Oneonta, NY (FHA|USDA|VA) 2 $230,000 $115,000 $6,561 3.44%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $225,000 $225,000 $4,535 2.75%
    LYNCHBURG, VA (FHA|USDA|VA) 1 $215,000 $215,000 $7,560 3.38%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $7,668 3.50%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $205,000 $205,000 $3,403 2.99%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $195,000 $195,000 $7,756 3.38%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $195,000 $195,000 $3,918 2.88%
    ROCKY MOUNT, NC (FHA|USDA|VA) 1 $185,000 $185,000 $4,087 2.75%
    GREENVILLE, NC (FHA|USDA|VA) 1 $185,000 $185,000 $7,213 3.13%
    Statesboro, GA (FHA|USDA|VA) 1 $175,000 $175,000 $3,988 3.50%
    ODESSA, TX (FHA|USDA|VA) 1 $175,000 $175,000 $3,411 2.13%
    YAKIMA, WA (FHA|USDA|VA) 1 $175,000 $175,000 $7,377 4.38%
    Frankfort, KY (FHA|USDA|VA) 1 $175,000 $175,000 $6,104 3.75%
    Albemarle, NC (FHA|USDA|VA) 1 $165,000 $165,000 $2,719 3.25%
    Auburn, NY (FHA|USDA|VA) 1 $165,000 $165,000 $6,080 3.25%
    MONROE, LA (FHA|USDA|VA) 1 $165,000 $165,000 $3,932 2.88%
    HINESVILLE, GA (FHA|USDA|VA) 1 $155,000 $155,000 $7,322 3.25%
    DuBois, PA (FHA|USDA|VA) 1 $145,000 $145,000 $4,568 3.38%
    Georgetown, SC (FHA|USDA|VA) 1 $145,000 $145,000 $6,874 3.88%
    Plattsburgh, NY (FHA|USDA|VA) 1 $145,000 $145,000 $7,318 3.50%
    Keene, NH (FHA|USDA|VA) 1 $135,000 $135,000 $3,416 2.88%
    BINGHAMTON, NY (FHA|USDA|VA) 1 $115,000 $115,000 $5,468 3.38%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.13%
    Orangeburg, SC (FHA|USDA|VA) 1 $55,000 $55,000 $3,778 4.50%
    Family First Funding's top markets include New York, Miami, Philadelphia, Allentown, and Poughkeepsie among others.

    Their top states include:
  • New Jersey (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against FAMILY FIRST FUNDING 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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 4,416 $1,509,780,000 $341,889 $5,841 3.04%
    FHA 1,154 $386,150,000 $334,619 $12,487 3.13%
    VA 141 $55,115,000 $390,887 $10,018 2.80%
    USDA 25 $4,995,000 $199,800 $6,748 3.11%

    For 2021, Family First Funding's most frequently originated type of loan was Conventional, with 4,416 originations. Their 2nd most popular type was FHA, with 1,154 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,131 $1,099,605,000 $351,199 $8,701 3.12%
    Refi 1,497 $494,735,000 $330,484 $5,237 2.84%
    Cash Out Refi 1,050 $344,030,000 $327,648 $6,133 3.18%
    Home Improvement 58 $17,670,000 $304,655 $5,932 3.04%

    For 2021, Family First Funding's most frequently cited loan purpose was Home Purchase, with 3,131 originations. The 2nd most popular reason was Refi, with 1,497 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,088 $1,771,240,000 $348,121 $7,642 3.11%
    15 Year 384 $105,520,000 $274,792 $4,453 2.49%
    20 Year 167 $52,095,000 $311,946 $5,022 2.82%
    Other 70 $22,590,000 $322,714 $5,027 2.94%
    10 Year 27 $4,595,000 $170,185 $3,775 2.43%

    For 2021, Family First Funding's most frequently cited loan duration was 30 Year, with 5,088 originations. The 2nd most popular length was 15 Year, with 384 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,979 $1,026,765,000 $344,668
    $1k-2k 1,496 $457,340,000 $305,709
    $5k+ 465 $221,265,000 $475,839
    $2k-3k 329 $104,555,000 $317,796
    $3k-4k 231 $72,075,000 $312,013
    $4k-5k 181 $61,605,000 $340,359

    Family First Funding's average total fees were $7,642, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,979 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 2,575 $870,325,000 $337,990
    2.5-3% 2,378 $823,050,000 $346,110
    <2.5% 677 $233,865,000 $345,443
    4-5% 103 $27,745,000 $269,369
    5-6% 2 $790,000 $395,000
    6-7% 1 $265,000 $265,000

    During 2021, Family First Funding's average interest rate for loans was 3.11%, while their most frequently originated rate bucket for loans was 3-4%, with 2,575 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,903 $853,475,000 $293,998 $6,838 3.04%
    $400k-600k 1,371 $653,315,000 $476,524 $8,868 3.00%
    $100k-200k 1,006 $157,800,000 $156,859 $4,985 3.12%
    $600k-1MM 323 $229,525,000 $710,604 $12,189 3.11%
    $100,000 or less 98 $8,020,000 $81,837 $4,331 3.26%
    $1MM+ 35 $53,905,000 $1,540,143 $12,910 3.18%

    2021 saw Family First Funding place emphasis on $200k-400k loans with 2,903 originations, totaling $853,475,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,555 $566,825,000 $364,518 $7,669 3.06%
    $75k-100k 1,132 $353,550,000 $312,323 $7,754 3.08%
    $50k-75k 1,130 $272,100,000 $240,796 $6,975 3.10%
    $150k-250k 1,023 $435,065,000 $425,283 $7,285 2.99%
    $250k+ 462 $244,480,000 $529,177 $7,017 3.02%
    $50k or less 428 $81,950,000 $191,472 $6,031 3.07%

    Family First Funding lent most frequently to those with incomes in the $100k-150k range, with 1,555 originations. The second most popular income band? $75k-100k, with 1,132 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 945 $323,855,000 $342,704 $5,918 2.96%
    30-36% 937 $314,345,000 $335,480 $6,456 3.05%
    50-60% 466 $167,760,000 $360,000 $12,779 3.10%
    49% 315 $114,685,000 $364,079 $7,720 3.09%
    44% 287 $95,025,000 $331,098 $7,258 3.11%
    <20% 260 $89,830,000 $345,500 $5,433 2.87%
    43% 258 $88,780,000 $344,109 $7,181 3.11%
    42% 253 $85,855,000 $339,348 $7,267 3.11%
    48% 233 $84,705,000 $363,541 $8,040 3.12%
    40% 222 $73,080,000 $329,189 $7,226 3.05%
    45% 220 $72,850,000 $331,136 $7,620 3.12%
    41% 208 $70,610,000 $339,471 $7,257 3.16%
    46% 199 $65,445,000 $328,869 $7,222 3.12%
    39% 195 $61,055,000 $313,103 $6,714 3.09%
    47% 184 $64,950,000 $352,989 $8,168 3.10%
    37% 176 $58,660,000 $333,295 $6,110 3.09%
    38% 159 $50,745,000 $319,151 $7,082 3.09%
    36% 148 $49,160,000 $332,162 $6,768 3.05%
    >60% 8 $4,330,000 $541,250 $10,247 2.95%

    Family First Funding lent most frequently to those with DTI ratios of 20-30%, with 945 originations. The next most common DTI ratio? 30-36%, with 937 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not provided 3,279 $1,129,545,000 $344,478 $7,274 3.03%
    White 2,128 $713,150,000 $335,127 $7,055 3.08%
    Black 236 $78,300,000 $331,780 $9,792 3.23%
    Asian 68 $24,370,000 $358,382 $7,666 2.99%
    Asian Indian 10 $5,200,000 $520,000 $6,891 2.89%
    American Indian 11 $4,355,000 $395,909 $7,121 2.95%
    Native Hawaiian or Islander 2 $760,000 $380,000 $11,735 3.69%
    Other Pacific Islander 1 $245,000 $245,000 $9,161 2.88%
    Other Asian 1 $115,000 $115,000 $3,352 3.25%

    Approval Rates

    Total approvals of all applications
    83.38%

    Family First Funding has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    77.93%

    Family First Funding has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 5,736 $1,956,040,000 $341,011

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    5,736 $1,956,040,000 $341,011

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 164 $37,080,000 $226,098 $4,868 2.79%
    40-60% 680 $202,930,000 $298,426 $5,010 2.86%
    60-80% 2,152 $751,400,000 $349,164 $5,927 3.08%
    80-100% 2,695 $948,995,000 $352,132 $9,005 3.10%
    Over 100% 34 $14,070,000 $413,824 $16,196 2.85%
    Under 20% 11 $1,565,000 $142,273 $4,526 2.75%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Family First Funding LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    Family First Funding LLC FHA mortgage Trouble during payment process 1 50.0%