Axos Bank Mortgage Rates, Fees & Info
San Diego, CALEI: 2549009X2AG1P20YAJ63
Tax ID: 33-0904883
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Mortgage Data
Review & Overview
Axos Bank is a small bank specializing in Home Purchase and Cash Out Refi loans. Axos Bank 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: Los Angeles, San Diego, New York, San Francisco, and San Jose among others. We have data for 169 markets. (Some data included below & more in-depth data is available with an active subscription.)Axos Bank 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. Axos Bank 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 7.82% | 11/17/24 |
| 30 Year Conventional Purchase | 7.05% | 11/17/24 |
| 30 Year Conventional Refi | 6.87% | 11/17/24 |
| 30 Year Cash-out Refi | 6.90% | 11/17/24 |
| 30 Year FHA Purchase | 7.24% | 11/17/24 |
| 30 Year FHA Refi | 6.27% | 11/17/24 |
| 30 Year VA Purchase | 5.76% | 11/17/24 |
| 30 Year VA Refi | 6.27% | 11/17/24 |
| 15 Year Conventional Purchase | 5.87% | 11/17/24 |
| 15 Year Conventional Refi | 5.86% | 11/17/24 |
| 15 Year Cash-out Refi | 5.86% | 11/17/24 |
| 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. | ||
Axos Bank Mortgage Calculator
Your Estimates
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This is not an official calculator from Axos Bank. 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
778Origination Dollar Volume (All Markets)
$1,009,190,000Awards
Axos Bank - 2023
Axos Bank is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Axos Bank's average 30 year fixed mortgage rate was
7%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.52%.
Relative Fees (Closing Costs)
Axos Bank's average total fees/closing costs for a 30 year fixed rate
mortgage were $21,319.
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 $9,089.
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) | 121 | $360,265,000 | $2,977,397 | $41,910 | 7.76% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 66 | $105,730,000 | $1,601,970 | $21,792 | 6.86% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 43 | $101,255,000 | $2,354,767 | $40,218 | 7.43% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 34 | $73,040,000 | $2,148,235 | $39,668 | 7.93% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 22 | $42,130,000 | $1,915,000 | $33,943 | 7.71% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 17 | $36,245,000 | $2,132,059 | $55,425 | 7.49% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 23 | $23,175,000 | $1,007,609 | $20,146 | 6.90% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 4 | $20,370,000 | $5,092,500 | $139,620 | 9.06% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 11 | $16,955,000 | $1,541,364 | $17,874 | 6.84% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 19 | $13,875,000 | $730,263 | $7,770 | 6.76% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 2 | $12,260,000 | $6,130,000 | $0 | 7.63% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 14 | $12,170,000 | $869,286 | $11,037 | 7.32% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 5 | $11,185,000 | $2,237,000 | $43,500 | 8.48% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 9 | $10,455,000 | $1,161,667 | $14,067 | 6.43% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 6 | $10,330,000 | $1,721,667 | $28,030 | 7.44% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 22 | $7,370,000 | $335,000 | $8,979 | 6.40% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 13 | $6,435,000 | $495,000 | $10,068 | 6.92% |
| SALINAS, CA (FHA|USDA|VA) | 5 | $6,215,000 | $1,243,000 | $19,303 | 8.10% |
| Outside of Metro Areas | 15 | $6,165,000 | $411,000 | $9,955 | 7.03% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 5 | $5,315,000 | $1,063,000 | $12,398 | 6.73% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 15 | $4,815,000 | $321,000 | $7,392 | 7.03% |
| Key West, FL (FHA|USDA|VA) | 1 | $4,805,000 | $4,805,000 | $0 | 7.88% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 8 | $4,390,000 | $548,750 | $7,372 | 6.53% |
| NAPA, CA (FHA|USDA|VA) | 1 | $4,305,000 | $4,305,000 | $63,677 | 7.75% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 12 | $3,780,000 | $315,000 | $5,173 | 6.85% |
| BEND, OR (FHA|USDA|VA) | 2 | $3,510,000 | $1,755,000 | $37,576 | 7.31% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 7 | $3,465,000 | $495,000 | $13,025 | 6.36% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3 | $3,455,000 | $1,151,667 | $36,609 | 7.92% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 7 | $3,295,000 | $470,714 | $9,465 | 6.70% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $3,020,000 | $1,510,000 | $12,163 | 7.88% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $3,005,000 | $3,005,000 | $0 | 8.25% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 3 | $2,545,000 | $848,333 | $15,783 | 7.00% |
| Jackson, WY-ID (FHA|USDA|VA) | 3 | $2,435,000 | $811,667 | $2,715 | 6.83% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 8 | $2,290,000 | $286,250 | $7,755 | 6.61% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 6 | $2,110,000 | $351,667 | $12,907 | 7.21% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $2,100,000 | $1,050,000 | $19,665 | 7.81% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $2,005,000 | $2,005,000 | $24,213 | 7.75% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 6 | $1,980,000 | $330,000 | $3,435 | 7.19% |
| COLUMBUS, OH (FHA|USDA|VA) | 8 | $1,870,000 | $233,750 | $4,102 | 6.52% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 2 | $1,630,000 | $815,000 | $16,945 | 7.31% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $29,821 | 8.75% |
| OCALA, FL (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $11,721 | 7.63% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 2 | $1,440,000 | $720,000 | $10,173 | 7.25% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 2 | $1,430,000 | $715,000 | $4,263 | 7.06% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 3 | $1,325,000 | $441,667 | $11,908 | 7.25% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 2 | $1,320,000 | $660,000 | $32,226 | 8.00% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 4 | $1,310,000 | $327,500 | $5,332 | 6.91% |
| RICHMOND, VA (FHA|USDA|VA) | 5 | $1,305,000 | $261,000 | $0 | 6.95% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $1,962 | 6.16% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 6 | $1,230,000 | $205,000 | $3,313 | 6.23% |
| VALLEJO, CA (FHA|USDA|VA) | 2 | $1,210,000 | $605,000 | $6,778 | 7.05% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 3 | $1,205,000 | $401,667 | $0 | 6.88% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $1,135,000 | $378,333 | $7,281 | 6.92% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $1,130,000 | $565,000 | $0 | 6.75% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $3,741 | 5.92% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $1,075,000 | $1,075,000 | $34,272 | 7.50% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 2 | $1,070,000 | $535,000 | $8,705 | 8.00% |
| Boone, NC (FHA|USDA|VA) | 2 | $1,040,000 | $520,000 | $0 | 6.44% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 8 | $1,040,000 | $130,000 | $3,872 | 6.45% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 11 | $1,035,000 | $94,091 | $3,061 | 7.24% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $1,005,000 | $1,005,000 | $32,554 | 9.75% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $990,000 | $495,000 | $13,639 | 6.94% |
| MODESTO, CA (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $5,835 | 7.29% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $0 | 6.88% |
| Outside of Metro Areas | 1 | $905,000 | $905,000 | $19,341 | 6.88% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $4,526 | 6.19% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $6,069 | 7.50% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $0 | 6.47% |
| Juneau, AK (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $21,588 | 5.63% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $12,002 | 5.75% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $17,210 | 8.31% |
| RENO, NV (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $16,028 | 6.88% |
| KNOXVILLE, TN (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $4,692 | 7.04% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $4,341 | 7.13% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $5,059 | 6.69% |
| SALEM, OR (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $5,009 | 6.13% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $3,007 | 7.00% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $0 | 8.25% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $5,454 | 6.75% |
| PUEBLO, CO (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $20,241 | 7.88% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $1,519 | 6.38% |
| COLUMBIA, SC (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $7,999 | 6.88% |
| Alamogordo, NM (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $15,190 | 6.42% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $5,183 | 6.88% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $16,257 | 7.50% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $9,134 | 6.75% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $0 | 7.38% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $555,000 | $555,000 | $0 | 8.89% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $17,878 | 5.75% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $3,526 | 6.75% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $10,148 | 6.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $3,962 | 7.06% |
| Heber, UT (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $10,731 | 7.25% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 4 | $500,000 | $125,000 | $0 | 7.06% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $3,180 | 5.88% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $4,774 | 6.13% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $0 | 6.25% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $12,718 | 6.17% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $2,037 | 6.00% |
| AKRON, OH (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $4,893 | 7.00% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $2,021 | 7.69% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $2,459 | 6.38% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $4,521 | 6.50% |
| PITTSBURGH, PA (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $0 | 6.72% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $3,291 | 6.38% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 5.75% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 7.88% |
| FRESNO, CA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $4,008 | 6.63% |
| TULSA, OK (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $14,649 | 5.44% |
| Taos, NM (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 7.25% |
| CASPER, WY (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $1,059 | 5.75% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $3,472 | 7.75% |
| MERCED, CA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $16,461 | 6.63% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $11,504 | 5.63% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 5.88% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $7,132 | 5.75% |
| JACKSON, MS (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 6.75% |
| SYRACUSE, NY (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 6.44% |
| Brookings, OR (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $0 | 7.88% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $5,200 | 8.50% |
| Durango, CO (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $1,564 | 7.63% |
| Wilmington, OH (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,619 | 6.38% |
| Fernley, NV (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,024 | 5.75% |
| ABILENE, TX (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 6.88% |
| JOPLIN, MO (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 7.50% |
| Aberdeen, WA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 5.88% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $9,224 | 6.13% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,219 | 6.88% |
| CHICO, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 6.38% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,476 | 5.88% |
| READING, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,019 | 6.25% |
| SAN ANGELO, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,450 | 6.25% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 7.63% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 6.25% |
| RACINE, WI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,580 | 6.63% |
| Red Bluff, CA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 6.63% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,503 | 6.88% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,513 | 6.38% |
| Owatonna, MN (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $9,448 | 6.75% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,130 | 5.75% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,151 | 7.00% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,221 | 7.38% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,945 | 5.63% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,042 | 6.63% |
| Winfield, KS (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,025 | 5.75% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 7.63% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,640 | 6.63% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.13% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,152 | 6.13% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,426 | 6.25% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,399 | 5.13% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,832 | 6.38% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,066 | 5.88% |
| GREAT FALLS, MT (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,694 | 6.25% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 6.88% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,812 | 7.25% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 6.88% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,320 | 5.75% |
| Durant, OK (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 6.38% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 6.38% |
| MUSKEGON, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 6.75% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 6.63% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.88% |
| MONTGOMERY, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.13% |
| GREENVILLE, NC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.50% |
| Ozark, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 7.00% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 7.13% |
| Marshall, MN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,911 | 6.75% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.00% |
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We use machine learning to identify the top lenders compared against Axos Bank 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 2023, Axos Bank's most frequently originated type of loan was Conventional, with 753 originations. Their 2nd most popular type was FHA, with 15 originations.
Loan Reason
For 2023, Axos Bank's most frequently cited loan purpose was Home Purchase, with 521 originations. The 2nd most popular reason was Cash Out Refi, with 150 originations.
Loan Duration/Length
For 2023, Axos Bank's most frequently cited loan duration was 30 Year, with 633 originations. The 2nd most popular length was 10 Year, with 62 originations.
Origination Fees/Closing Costs
Axos Bank's average total fees were $21,319, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 210 originations.
Interest Rates
During 2023, Axos Bank's average interest rate for loans was 7.00%, while their most frequently originated rate bucket for loans was 7-8%, with 281 originations.
Loan Sizing
2023 saw Axos Bank place emphasis on $1MM+ loans with 243 originations, totaling $801,775,000 in origination value.
Applicant Income
Axos Bank lent most frequently to those with incomes in the $250k+ range, with 297 originations. The second most popular income band? $150k-250k, with 146 originations.
Applicant Debt to Income Ratio
Axos Bank lent most frequently to those with DTI ratios of 20-30%, with 107 originations. The next most common DTI ratio? 30-36%, with 99 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications77.08%
Axos Bank has a below average approval rate.
Pick Rate
Approvals leading to origination28.92%
Axos Bank 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 | 778 | $1,009,190,000 | $1,297,159 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 778 | $1,009,190,000 | $1,297,159 |