Axos Bank Mortgage Rates, Fees & Info

San Diego, CA

LEI: 2549009X2AG1P20YAJ63

Tax ID: 33-0904883

1 stars - out of 5 stars, based on 68 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Axos Bank is a small bank specializing in Refi, Cash Out Refi, and Home Purchase 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 include Los Angeles, San Diego, Anaheim, New York, and San Francisco among others. They have an average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Axos Bank is typically a high fee lendor.


Originations

4,656

Origination Dollar Volume (All Markets)

$2,936,420,000

Employee count

1,004 Show all (36) awards

Relative Rate

Axos Bank's average 30 year fixed rate mortgage of loans were 3.6%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of 0.24%.

Relative Fees

Axos Bank's average total fees for a 30 year fixed rate mortgage are $6,157.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 503 $662,535,000 $1,317,167 $13,603 4.24%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 477 $267,305,000 $560,388 $3,616 2.97%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 221 $259,045,000 $1,172,149 $10,084 4.04%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 137 $238,065,000 $1,737,701 $19,070 4.39%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 66 $101,430,000 $1,536,818 $11,950 4.39%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 95 $94,155,000 $991,105 $8,033 3.94%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 106 $80,690,000 $761,226 $5,921 3.69%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 180 $72,920,000 $405,111 $4,035 3.49%
Outside of Metro Areas 174 $61,190,000 $351,667 $3,774 3.39%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 158 $57,740,000 $365,443 $2,583 3.24%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 155 $54,835,000 $353,774 $3,227 3.20%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 109 $50,865,000 $466,651 $3,238 3.16%
NASSAU COUNTY-SUFFOLK COUNTY, NY (FHA|USDA|VA) 54 $43,310,000 $802,037 $11,902 3.77%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 98 $43,300,000 $441,837 $2,254 3.11%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 86 $43,200,000 $502,326 $3,788 3.29%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 98 $39,330,000 $401,327 $2,131 3.10%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 29 $38,635,000 $1,332,241 $27,029 4.09%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 105 $35,945,000 $342,333 $2,942 3.22%
COLUMBUS, OH (FHA|USDA|VA) 119 $34,095,000 $286,513 $1,704 2.91%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 20 $22,860,000 $1,143,000 $13,419 4.02%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 66 $20,470,000 $310,152 $2,425 3.15%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 41 $18,275,000 $445,732 $2,336 3.30%
SAN RAFAEL, CA (FHA|USDA|VA) 15 $17,465,000 $1,164,333 $11,804 4.17%
RENO, NV (FHA|USDA|VA) 24 $16,590,000 $691,250 $3,729 2.80%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 26 $15,850,000 $609,615 $8,231 3.63%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 10 $15,630,000 $1,563,000 $11,390 3.94%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 46 $15,300,000 $332,609 $3,216 3.08%
BOSTON, MA (FHA|USDA|VA) 24 $15,150,000 $631,250 $5,003 3.61%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 16 $14,870,000 $929,375 $15,956 4.47%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 38 $12,880,000 $338,947 $3,986 3.17%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 36 $12,750,000 $354,167 $4,078 2.97%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 37 $11,405,000 $308,243 $2,061 2.95%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 37 $11,175,000 $302,027 $3,450 3.21%
NAPA, CA (FHA|USDA|VA) 8 $10,700,000 $1,337,500 $6,291 4.00%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 29 $10,545,000 $363,621 $3,514 3.25%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 16 $10,200,000 $637,500 $3,350 3.49%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 23 $9,845,000 $428,043 $3,949 3.13%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 23 $9,485,000 $412,391 $2,594 2.96%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA (FHA|USDA|VA) 21 $9,265,000 $441,190 $2,588 2.90%
RALEIGH-CARY, NC (FHA|USDA|VA) 30 $9,010,000 $300,333 $2,207 2.98%
NEWARK, NJ-PA (FHA|USDA|VA) 21 $8,155,000 $388,333 $2,708 3.13%
STOCKTON, CA (FHA|USDA|VA) 22 $8,000,000 $363,636 $3,125 3.39%
SALT LAKE CITY, UT (FHA|USDA|VA) 24 $7,960,000 $331,667 $2,232 3.13%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 28 $7,930,000 $283,214 $2,051 3.36%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 25 $7,745,000 $309,800 $2,676 3.05%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 25 $7,545,000 $301,800 $5,892 3.43%
URBAN HONOLULU, HI (FHA|USDA|VA) 13 $7,515,000 $578,077 $4,477 3.06%
SALINAS, CA (FHA|USDA|VA) 10 $7,430,000 $743,000 $7,859 4.31%
FRESNO, CA (FHA|USDA|VA) 12 $7,150,000 $595,833 $2,423 3.48%
RICHMOND, VA (FHA|USDA|VA) 22 $7,140,000 $324,545 $1,768 3.15%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 11 $6,935,000 $630,455 $4,283 3.43%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 8 $6,840,000 $855,000 $13,702 4.21%
BOISE CITY, ID (FHA|USDA|VA) 21 $6,555,000 $312,143 $3,253 3.08%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 12 $6,450,000 $537,500 $6,760 3.45%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 21 $6,385,000 $304,048 $1,523 2.95%
ST. LOUIS, MO-IL (FHA|USDA|VA) 21 $6,235,000 $296,905 $1,843 3.10%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 12 $5,910,000 $492,500 $7,495 3.25%
VALLEJO, CA (FHA|USDA|VA) 14 $5,760,000 $411,429 $3,629 3.56%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 17 $5,415,000 $318,529 $3,597 3.64%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 15 $5,055,000 $337,000 $5,479 3.31%
PROVO-OREM, UT (FHA|USDA|VA) 15 $5,035,000 $335,667 $2,653 3.01%
BAKERSFIELD, CA (FHA|USDA|VA) 13 $4,935,000 $379,615 $1,277 3.60%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 13 $4,855,000 $373,462 $2,721 3.37%
FLAGSTAFF, AZ (FHA|USDA|VA) 14 $4,810,000 $343,571 $2,079 3.18%
CORVALLIS, OR (FHA|USDA|VA) 5 $4,805,000 $961,000 $2,976 3.75%
PHILADELPHIA, PA (FHA|USDA|VA) 15 $4,795,000 $319,667 $4,029 2.83%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 15 $4,685,000 $312,333 $2,811 2.92%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 19 $4,655,000 $245,000 $3,663 3.43%
ALBUQUERQUE, NM (FHA|USDA|VA) 15 $4,565,000 $304,333 $2,546 2.95%
ST. GEORGE, UT (FHA|USDA|VA) 13 $4,405,000 $338,846 $1,961 3.48%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 11 $3,795,000 $345,000 $2,195 2.99%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 10 $3,260,000 $326,000 $3,006 3.15%
MEDFORD, OR (FHA|USDA|VA) 4 $3,190,000 $797,500 $2,533 3.97%
COLORADO SPRINGS, CO (FHA|USDA|VA) 10 $3,180,000 $318,000 $1,606 3.01%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 12 $3,150,000 $262,500 $2,324 3.50%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 8 $3,080,000 $385,000 $3,154 3.47%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 9 $3,065,000 $340,556 $4,608 2.93%
MODESTO, CA (FHA|USDA|VA) 8 $3,040,000 $380,000 $2,585 3.59%
BOULDER, CO (FHA|USDA|VA) 8 $3,010,000 $376,250 $2,698 2.81%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 10 $2,930,000 $293,000 $1,849 2.96%
KANSAS CITY, MO-KS (FHA|USDA|VA) 12 $2,850,000 $237,500 $2,721 2.90%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 9 $2,665,000 $296,111 $3,922 2.98%
ANCHORAGE, AK (FHA|USDA|VA) 7 $2,665,000 $380,714 $3,042 3.59%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 5 $2,505,000 $501,000 $1,484 3.29%
GREELEY, CO (FHA|USDA|VA) 6 $2,470,000 $411,667 $1,526 2.94%
FORT COLLINS, CO (FHA|USDA|VA) 7 $2,425,000 $346,429 $1,775 2.82%
COEUR D'ALENE, ID (FHA|USDA|VA) 10 $2,370,000 $237,000 $2,716 2.72%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $2,285,000 $457,000 $5,833 3.38%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 9 $2,255,000 $250,556 $1,816 3.41%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 8 $2,170,000 $271,250 $0 2.98%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 8 $2,150,000 $268,750 $2,600 3.28%
CAMDEN, NJ (FHA|USDA|VA) 7 $2,135,000 $305,000 $2,973 2.73%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 10 $2,130,000 $213,000 $2,518 3.53%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 8 $2,090,000 $261,250 $1,952 3.49%
SALEM, OR (FHA|USDA|VA) 7 $2,065,000 $295,000 $3,650 3.43%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 9 $2,065,000 $229,444 $2,793 3.54%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 8 $1,980,000 $247,500 $2,368 3.29%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 7 $1,965,000 $280,714 $2,314 3.17%
COLUMBIA, SC (FHA|USDA|VA) 6 $1,960,000 $326,667 $2,250 3.02%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 6 $1,930,000 $321,667 $2,173 3.35%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 6 $1,890,000 $315,000 $2,229 2.79%
SALISBURY, MD-DE (FHA|USDA|VA) 6 $1,880,000 $313,333 $3,519 3.06%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 7 $1,875,000 $267,857 $2,853 3.20%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 1 $1,855,000 $1,855,000 $16,529 5.38%
PITTSBURGH, PA (FHA|USDA|VA) 6 $1,850,000 $308,333 $4,152 2.95%
BEND, OR (FHA|USDA|VA) 6 $1,840,000 $306,667 $2,057 3.02%
KNOXVILLE, TN (FHA|USDA|VA) 5 $1,805,000 $361,000 $1,786 3.00%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 7 $1,805,000 $257,857 $2,450 3.19%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 6 $1,720,000 $286,667 $3,047 2.81%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 4 $1,620,000 $405,000 $2,394 3.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 6 $1,580,000 $263,333 $2,242 3.48%
ASHEVILLE, NC (FHA|USDA|VA) 5 $1,535,000 $307,000 $1,779 2.97%
TUCSON, AZ (FHA|USDA|VA) 7 $1,515,000 $216,429 $2,280 3.44%
JACKSONVILLE, FL (FHA|USDA|VA) 5 $1,465,000 $293,000 $9,201 4.00%
WORCESTER, MA-CT (FHA|USDA|VA) 4 $1,400,000 $350,000 $1,579 2.84%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH (FHA|USDA|VA) 4 $1,400,000 $350,000 $1,774 2.94%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 5 $1,375,000 $275,000 $3,434 3.05%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 4 $1,370,000 $342,500 $2,989 3.00%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 4 $1,360,000 $340,000 $1,582 2.87%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $1,355,000 $451,667 $6,209 3.54%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $1,350,000 $675,000 $9,360 4.50%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $1,295,000 $431,667 $3,123 3.46%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 7 $1,295,000 $185,000 $1,734 3.24%
SANTA FE, NM (FHA|USDA|VA) 3 $1,275,000 $425,000 $2,291 2.87%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 1 $1,265,000 $1,265,000 $9,764 5.38%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 4 $1,260,000 $315,000 $1,618 3.00%
MERCED, CA (FHA|USDA|VA) 4 $1,260,000 $315,000 $1,779 3.00%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 4 $1,220,000 $305,000 $2,037 3.62%
MISSOULA, MT (FHA|USDA|VA) 4 $1,220,000 $305,000 $2,224 2.99%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 4 $1,190,000 $297,500 $2,882 3.50%
PORT ST. LUCIE, FL (FHA|USDA|VA) 5 $1,185,000 $237,000 $2,847 2.95%
CHICO, CA (FHA|USDA|VA) 4 $1,140,000 $285,000 $1,656 2.90%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $1,085,000 $361,667 $4,230 3.00%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $1,065,000 $355,000 $2,828 2.91%
NILES, MI (FHA|USDA|VA) 4 $1,050,000 $262,500 $1,299 3.00%
ANN ARBOR, MI (FHA|USDA|VA) 4 $1,050,000 $262,500 $1,496 3.31%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 3 $1,035,000 $345,000 $1,268 3.00%
ALBANY-LEBANON, OR (FHA|USDA|VA) 3 $1,015,000 $338,333 $3,282 2.87%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 3 $945,000 $315,000 $2,119 2.79%
CORPUS CHRISTI, TX (FHA|USDA|VA) 5 $945,000 $189,000 $3,586 3.42%
BELLINGHAM, WA (FHA|USDA|VA) 3 $935,000 $311,667 $4,037 3.00%
BATON ROUGE, LA (FHA|USDA|VA) 3 $915,000 $305,000 $1,177 2.71%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $910,000 $455,000 $1,223 3.25%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 3 $905,000 $301,667 $2,337 2.95%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 3 $895,000 $298,333 $4,230 3.46%
ELGIN, IL (FHA|USDA|VA) 3 $885,000 $295,000 $1,705 2.83%
HUNTSVILLE, AL (FHA|USDA|VA) 3 $855,000 $285,000 $1,532 3.00%
POCATELLO, ID (FHA|USDA|VA) 3 $845,000 $281,667 $2,119 3.33%
AKRON, OH (FHA|USDA|VA) 2 $840,000 $420,000 $1,500 2.68%
ODESSA, TX (FHA|USDA|VA) 2 $820,000 $410,000 $1,959 3.19%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $815,000 $271,667 $3,353 3.04%
ST. CLOUD, MN (FHA|USDA|VA) 3 $805,000 $268,333 $5,341 3.25%
RACINE, WI (FHA|USDA|VA) 3 $805,000 $268,333 $1,218 3.04%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 3 $795,000 $265,000 $3,779 3.24%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $790,000 $395,000 $1,158 2.75%
YUBA CITY, CA (FHA|USDA|VA) 2 $760,000 $380,000 $1,991 3.25%
WINSTON-SALEM, NC (FHA|USDA|VA) 3 $755,000 $251,667 $2,685 2.66%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 2 $750,000 $375,000 $2,733 3.12%
TULSA, OK (FHA|USDA|VA) 2 $740,000 $370,000 $2,409 3.31%
YAKIMA, WA (FHA|USDA|VA) 2 $710,000 $355,000 $2,428 2.88%
IDAHO FALLS, ID (FHA|USDA|VA) 3 $705,000 $235,000 $3,483 3.42%
LINCOLN, NE (FHA|USDA|VA) 2 $670,000 $335,000 $1,646 3.06%
ROCHESTER, NY (FHA|USDA|VA) 2 $660,000 $330,000 $4,883 3.31%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 3 $655,000 $218,333 $2,983 3.88%
EL CENTRO, CA (FHA|USDA|VA) 3 $655,000 $218,333 $1,728 3.37%
BILLINGS, MT (FHA|USDA|VA) 2 $650,000 $325,000 $2,406 3.24%
SYRACUSE, NY (FHA|USDA|VA) 3 $625,000 $208,333 $4,804 3.38%
WILMINGTON, NC (FHA|USDA|VA) 2 $610,000 $305,000 $1,634 2.88%
CANTON-MASSILLON, OH (FHA|USDA|VA) 3 $605,000 $201,667 $3,475 2.96%
SPRINGFIELD, OH (FHA|USDA|VA) 2 $590,000 $295,000 $2,694 3.06%
MADISON, WI (FHA|USDA|VA) 2 $580,000 $290,000 $1,900 3.50%
CHEYENNE, WY (FHA|USDA|VA) 2 $580,000 $290,000 $2,013 2.93%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $550,000 $275,000 $1,206 3.31%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 3 $545,000 $181,667 $2,240 4.08%
FARGO, ND-MN (FHA|USDA|VA) 2 $530,000 $265,000 $4,169 3.06%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $515,000 $515,000 $3,348 2.75%
WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $490,000 $245,000 $3,178 2.81%
HARRISONBURG, VA (FHA|USDA|VA) 1 $485,000 $485,000 $1,116 2.25%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 3 $485,000 $161,667 $1,955 3.54%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $480,000 $240,000 $3,996 3.12%
LOGAN, UT-ID (FHA|USDA|VA) 2 $470,000 $235,000 $1,421 3.12%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $465,000 $465,000 $1,254 3.25%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $465,000 $155,000 $0 3.33%
LYNCHBURG, VA (FHA|USDA|VA) 2 $460,000 $230,000 $2,305 3.31%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 2 $460,000 $230,000 $3,339 3.06%
OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $450,000 $225,000 $2,171 3.63%
GRANTS PASS, OR (FHA|USDA|VA) 2 $440,000 $220,000 $3,895 2.93%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $440,000 $220,000 $4,825 3.06%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $430,000 $215,000 $3,186 3.06%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $430,000 $215,000 $3,347 3.25%
WENATCHEE, WA (FHA|USDA|VA) 1 $425,000 $425,000 $1,265 2.88%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $425,000 $425,000 $1,148 2.75%
MADERA, CA (FHA|USDA|VA) 2 $410,000 $205,000 $3,757 3.69%
CASPER, WY (FHA|USDA|VA) 1 $405,000 $405,000 $4,413 2.75%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $395,000 $395,000 $2,858 2.99%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $385,000 $385,000 $3,259 2.88%
JEFFERSON CITY, MO (FHA|USDA|VA) 2 $380,000 $190,000 $2,707 4.19%
WICHITA, KS (FHA|USDA|VA) 1 $375,000 $375,000 $2,999 2.99%
REDDING, CA (FHA|USDA|VA) 1 $365,000 $365,000 $1,379 3.25%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $355,000 $355,000 $938 2.88%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $355,000 $355,000 $763 3.49%
ROCKFORD, IL (FHA|USDA|VA) 1 $355,000 $355,000 $2,344 2.49%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 1 $355,000 $355,000 $2,276 3.25%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $345,000 $345,000 $1,321 2.99%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $335,000 $335,000 $5,694 5.38%
RAPID CITY, SD (FHA|USDA|VA) 1 $335,000 $335,000 $1,438 3.13%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $335,000 $335,000 $1,013 2.49%
TYLER, TX (FHA|USDA|VA) 1 $335,000 $335,000 $3,661 3.49%
GAINESVILLE, FL (FHA|USDA|VA) 1 $335,000 $335,000 $2,460 3.38%
CHARLESTON, WV (FHA|USDA|VA) 2 $330,000 $165,000 $2,088 3.87%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $325,000 $325,000 $7,566 3.49%
DOVER, DE (FHA|USDA|VA) 1 $315,000 $315,000 $5,068 2.99%
BURLINGTON, NC (FHA|USDA|VA) 1 $305,000 $305,000 $2,989 3.13%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $305,000 $305,000 $3,773 2.38%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $285,000 $285,000 $1,561 3.63%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $285,000 $285,000 $2,560 3.13%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $285,000 $285,000 $2,005 3.38%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $285,000 $285,000 $1,665 2.63%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $280,000 $140,000 $4,625 3.44%
SAVANNAH, GA (FHA|USDA|VA) 1 $275,000 $275,000 $2,140 3.38%
FORT WAYNE, IN (FHA|USDA|VA) 1 $275,000 $275,000 $1,003 2.99%
LUBBOCK, TX (FHA|USDA|VA) 1 $275,000 $275,000 $2,090 2.99%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $265,000 $265,000 $1,098 2.99%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $265,000 $265,000 $4,014 2.49%
TWIN FALLS, ID (FHA|USDA|VA) 1 $265,000 $265,000 $2,107 3.25%
TOLEDO, OH (FHA|USDA|VA) 1 $255,000 $255,000 $1,038 2.75%
CARSON CITY, NV (FHA|USDA|VA) 1 $255,000 $255,000 $7,038 3.38%
LONGVIEW, WA (FHA|USDA|VA) 1 $255,000 $255,000 $1,622 3.38%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $255,000 $255,000 $6,766 3.50%
APPLETON, WI (FHA|USDA|VA) 1 $255,000 $255,000 $1,098 2.99%
MOBILE, AL (FHA|USDA|VA) 1 $245,000 $245,000 $1,878 3.38%
GOLDSBORO, NC (FHA|USDA|VA) 1 $245,000 $245,000 $6,751 3.63%
AMES, IA (FHA|USDA|VA) 1 $245,000 $245,000 $1,653 2.49%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $235,000 $235,000 $4,111 5.13%
MONROE, LA (FHA|USDA|VA) 1 $225,000 $225,000 $2,028 3.63%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 1 $225,000 $225,000 $2,951 2.88%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $225,000 $225,000 $4,525 2.88%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $215,000 $215,000 $2,430 3.38%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $205,000 $205,000 $4,733 3.13%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $205,000 $205,000 $2,546 3.99%
GAINESVILLE, GA (FHA|USDA|VA) 1 $205,000 $205,000 $2,468 3.38%
ROCHESTER, MN (FHA|USDA|VA) 1 $195,000 $195,000 $2,338 3.25%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.38%
LEBANON, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,815 3.63%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $180,000 $90,000 $4,731 3.75%
THE VILLAGES, FL (FHA|USDA|VA) 1 $175,000 $175,000 $2,157 3.49%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $175,000 $175,000 $1,963 3.49%
LANCASTER, PA (FHA|USDA|VA) 1 $165,000 $165,000 $3,804 3.13%
DALTON, GA (FHA|USDA|VA) 1 $165,000 $165,000 $0 5.38%
FAIRBANKS, AK (FHA|USDA|VA) 1 $155,000 $155,000 $3,173 3.25%
GARY, IN (FHA|USDA|VA) 1 $155,000 $155,000 $2,168 3.88%
ENID, OK (FHA|USDA|VA) 1 $145,000 $145,000 $4,195 3.25%
LIMA, OH (FHA|USDA|VA) 1 $145,000 $145,000 $3,463 3.63%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $115,000 $115,000 $3,554 5.38%
EL PASO, TX (FHA|USDA|VA) 1 $115,000 $115,000 $3,354 4.13%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $115,000 $115,000 $1,856 3.63%
ROANOKE, VA (FHA|USDA|VA) 1 $105,000 $105,000 $2,952 4.88%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $105,000 $105,000 $3,055 4.99%
UTICA-ROME, NY (FHA|USDA|VA) 1 $105,000 $105,000 $5,569 3.75%
OCALA, FL (FHA|USDA|VA) 1 $105,000 $105,000 $2,710 4.25%
MUNCIE, IN (FHA|USDA|VA) 1 $95,000 $95,000 $3,975 3.75%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $95,000 $95,000 $0 5.63%
VALDOSTA, GA (FHA|USDA|VA) 1 $55,000 $55,000 $3,518 4.49%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $55,000 $55,000 $4,233 4.13%

Axos Bank's top markets include Los Angeles, San Diego, Anaheim, New York, and San Francisco among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 4,508 $2,894,940,000 $642,178 $5,422 3.45%
FHA 85 $19,575,000 $230,294 $7,011 3.51%
VA 63 $21,905,000 $347,698 $3,777 3.18%

For the 2020 period, Axos Bank's most frequently originated loan type of loans were Conventional, with 4,508 originations. Their 2nd most popular type is FHA, with 85 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 2,465 $1,140,275,000 $462,586 $2,733 3.04%
Cash Out Refi 1,214 $857,570,000 $706,400 $5,322 3.64%
Home Purchase 879 $833,195,000 $947,890 $12,416 4.22%
Other 65 $90,615,000 $1,394,077 $24,343 4.39%
Home Improvement 33 $14,765,000 $447,424 $6,865 4.19%

For the 2020, Axos Bank's most frequently cited loan purpose of loans were Refi, with 2,465 originations. The 2nd most popular reason of loans were Cash Out Refi, with 1,214 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 3,878 $2,653,900,000 $684,348 $6,157 3.60%
15 Year 553 $178,265,000 $322,360 $2,257 2.75%
20 Year 127 $40,635,000 $319,961 $2,266 3.01%
Other 82 $56,680,000 $691,220 $2,830 1.55%
10 Year 16 $6,940,000 $433,750 $2,152 2.72%

For the 2020, Axos Bank's most frequently cited loan length of loans were 30 Year, with 3,878 originations. The 2nd most popular length of loans were 15 Year, with 553 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 2,522 $967,660,000 $383,688
$1k-2k 518 $332,720,000 $642,317
$5k+ 444 $697,620,000 $1,571,216
$2k-3k 193 $71,615,000 $371,062
$3k-4k 188 $91,840,000 $488,511

$6,157 of loans were Axos Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 2,522 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 1,754 $658,880,000 $375,644
3-4% 1,401 $454,105,000 $324,129
4-5% 643 $1,077,975,000 $1,676,477
<2.5% 431 $191,725,000 $444,838
5-6% 412 $536,540,000 $1,302,282
6-7% 14 $14,390,000 $1,027,857

During 2020, Axos Bank's average interest rate of loans were 3.60%, while their most frequently originated rate bucket of loans were 2.5-3%, with 1,754 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 2,308 $697,680,000 $302,288 $2,422 3.07%
$400k-600k 1,068 $512,120,000 $479,513 $3,188 3.16%
$1MM+ 533 $1,361,925,000 $2,555,206 $28,438 4.88%
$600k-1MM 422 $315,410,000 $747,417 $8,843 4.21%
$100k-200k 291 $46,835,000 $160,945 $3,303 3.65%
$100,000 or less 34 $2,450,000 $72,059 $3,799 4.45%

2020 saw Axos Bank place emphasis on $200k-400k loans with 2,308 originations, totaling $697,680,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 1,261 $460,265,000 $365,000 $2,790 3.10%
$150k-250k 1,118 $490,310,000 $438,560 $3,730 3.26%
$250k+ 885 $1,156,335,000 $1,306,593 $15,778 4.14%
$75k-100k 552 $175,700,000 $318,297 $2,683 3.14%
$50k-75k 419 $114,905,000 $274,236 $2,902 3.19%
$50k or less 121 $24,205,000 $200,041 $3,678 3.65%

Axos Bank lent most frequently to those with incomes in the $100k-150k range, with 1,261 originations. The second most popular income band? $150k-250k, with 1,118 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 1,128 $528,250,000 $468,307 $3,803 3.11%
30-36% 803 $368,235,000 $458,574 $4,158 3.33%
<20% 539 $280,625,000 $520,640 $4,394 3.32%
50-60% 168 $279,030,000 $1,660,893 $19,849 4.63%
39% 152 $95,990,000 $631,513 $5,632 3.43%
44% 150 $71,990,000 $479,933 $5,946 3.47%
38% 141 $65,515,000 $464,645 $5,209 3.35%
42% 131 $60,095,000 $458,740 $5,496 3.45%
43% 128 $79,990,000 $624,922 $6,662 3.57%
40% 125 $60,975,000 $487,800 $4,653 3.36%
49% 125 $70,065,000 $560,520 $6,817 3.53%
41% 124 $70,880,000 $571,613 $6,048 3.57%
36% 123 $73,605,000 $598,415 $5,414 3.36%
45% 113 $72,525,000 $641,814 $8,016 3.52%
37% 109 $43,665,000 $400,596 $3,263 3.20%
46% 103 $53,755,000 $521,893 $6,054 3.58%
47% 103 $63,065,000 $612,282 $9,156 3.69%
48% 83 $54,075,000 $651,506 $7,528 3.51%
>60% 15 $32,345,000 $2,156,333 $16,891 3.99%

Axos Bank lent most frequently to those with DTI ratios of 20-30%, with 1,128 originations. The next most common DTI ratio? 30-36%, with 803 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,354 $1,391,250,000 $591,015 $5,836 3.38%
Not provided 1,316 $698,050,000 $530,433 $4,647 3.34%
Not applicable 133 $375,065,000 $2,820,038 $0 4.84%
Asian 476 $245,690,000 $516,155 $5,915 3.38%
Chinese 107 $96,995,000 $906,495 $6,131 4.89%
Black 117 $56,035,000 $478,932 $5,761 3.82%
Asian Indian 66 $31,100,000 $471,212 $3,072 2.87%
American Indian 24 $9,520,000 $396,667 $3,779 3.19%
Other Asian 14 $8,570,000 $612,143 $3,188 3.24%
Filipino 16 $8,550,000 $534,375 $2,933 3.22%
Korean 7 $4,325,000 $617,857 $5,583 3.84%
Vietnamese 6 $3,460,000 $576,667 $5,106 3.31%
Japanese 5 $2,735,000 $547,000 $2,029 3.24%
Native Hawaiian 8 $2,610,000 $326,250 $5,421 3.16%
Other Pacific Islander 6 $2,130,000 $355,000 $2,148 3.08%
Guamanian 1 $335,000 $335,000 $3,729 3.38%

Approval Rates

Total approvals of all applications
86.32%

Axos Bank has an average approval rate.

Pick Rate

Approvals leading to origination
68.18%

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 4,656 $2,936,420,000 $630,674

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Manufactured 3 $4,265,000 $1,421,667
Multifamily:Site-Built 196 $444,760,000 $2,269,184
Single Family (1-4 Units):Manufactured 23 $4,485,000 $195,000
Single Family (1-4 Units):Site-Built 4,434 $2,482,910,000 $559,971

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 305 $176,225,000 $577,787 $4,475 3.48%
40-60% 1,498 $1,139,480,000 $760,668 $6,416 3.50%
60-80% 2,294 $1,416,920,000 $617,663 $5,261 3.46%
80-100% 532 $190,320,000 $357,744 $4,074 3.18%
Over 100% 6 $6,030,000 $1,005,000 $11,237 4.27%
Under 20% 21 $7,445,000 $354,524 $6,828 4.20%

Bank Details

Branches

Bank Name Branch Branch Type Deposits (000's)
Axos Bank 1000 Yard St Grandview Heights, OH 43212 Full Service Cyber Office $135,007
Axos Bank 4350 La Jolla Village Drive, Suite 140 San Diego, CA 92122 Full Service Cyber Office $9,331,769
Axos Bank 9205 West Russell Rd,suite 400 Las Vegas, NV 89148 Full Service Cyber Office $1,896,667

For 2020, Axos Bank had 3 branches.

Yearly Performance Overview

Bank Income

Item Value (in 000's)
Total interest income $628,349
Net interest income $528,449
Total noninterest income $87,389
Gross Fiduciary activities income $0
Service charges on deposit accounts $4,260
Trading account gains and fees $76
Additional Noninterest Income $83,053
Pre-tax net operating income $324,176
Securities gains (or losses, -) $0
Income before extraordinary items $225,955
Discontinued Operations (Extraordinary gains, net) $0
Net income of bank and minority interests $225,955
Minority interest net income $0
Net income $225,955
Sale, conversion, retirement of capital stock, net $0
Net operating income $225,955

Axos Bank's gross interest income from loans was $628,349,000.
Axos Bank's net interest income from loans was $528,449,000.
Axos Bank's fee based income from loans was $4,260,000.
Axos Bank's net income from loans was $225,955,000.

Bank Expenses

Item Value (in 000's)
Total interest expense $99,900
Provision for credit losses $54,800
Total noninterest expense $236,862
Salaries and employee benefits $120,626
Premises and equipment expense $25,775
Additional noninterest expense $90,461
Applicable income taxes $98,221
Net charge-offs $25,217
Cash dividends $50,000

Axos Bank's interest expense for loans was $99,900,000.
Axos Bank's payroll and benefits expense were $120,626,000.
Axos Bank's property, plant and equipment expenses $25,775,000.

Loan Performance

Type of Loan % of Loans Noncurrent (30+ days, end of period snapshot)
All loans 1.0%
Real Estate loans 1.0%
Construction & Land Development loans 1.0%
Nonfarm, nonresidential loans 2.0%
Multifamily residential loans 0.0%
1-4 family residential loans 2.0%
HELOC loans 0.0%
All other family 2.0%
Commercial & industrial loans 0.0%
Personal loans 0.0%
Credit card loans 0.0%
Other individual loans 0.0%
Auto loans 0.0%
Other consumer loans 0.0%
Unsecured commercial real estate loans 0.0%

Deposits

Type Value (in 000's)
Total deposits $11,667,556
Deposits held in domestic offices $11,667,556
Deposits by Individuals, partnerships, and corporations $10,756,943
Deposits by U.S. Government $0
Deposits by States and political subdivisions in the U.S. $785,038
Deposits by Commercial banks and other depository institutions in U.S. $125,575
Deposits by Banks in foreign countries $0
Deposits by Foreign governments and official institutions $0
Transaction accounts $1,722,141
Demand deposits $1,621,141
Nontransaction accounts $9,945,415
Money market deposit accounts (MMDAs) $6,701,679
Other savings deposits (excluding MMDAs) $1,432,218
Total time deposits $1,811,519
Total time and savings deposits $10,046,415
Noninterest-bearing deposits $2,227,994
Interest-bearing deposits $9,439,562
Retail deposits $9,799,344
IRAs and Keogh plan accounts $215,619
Brokered deposits $1,297,406
Deposits held in foreign offices $0

Assets

Asset Value (in 000's)
Total Assets $13,301,163
Cash & Balances due from depository institutions $1,110,308
Interest-bearing balances $1,088,519
Total securities $238,304
Federal funds sold & reverse repurchase $0
Net loans and leases $11,642,376
Loan and leases loss allowance $136,213
Trading account assets $0
Bank premises and fixed assets $28,415
Other real estate owned $6,114
Goodwill and other intangibles $79,855
All other assets $195,791

Liabilities

Liabilities Value (in 000's)
Total liabilities and capital $13,301,164
Total Liabilities $12,097,008
Total deposits $11,667,556
Interest-bearing deposits $9,439,562
Deposits held in domestic offices $11,667,556
% insured (estimated) $80
Federal funds purchased and repurchase agreements $0
Trading liabilities $0
Other borrowed funds $313,707
Subordinated debt $0
All other liabilities $115,745

Issued Loan Types

Type Value (in 000's)
Net loans and leases $11,642,376
Loan and leases loss allowance $136,213
Total loans and leases (domestic) $11,778,589
All real estate loans $9,178,119
Real estate loans in domestic offices $9,178,119
Construction and development loans $1,174,061
Residential 1-4 family construction $435,235
Other construction, all land development and other land $738,826
Loans secured by nonfarm nonresidential properties $915,932
Nonfarm nonresidential secured by owner-occupied properties $57,762
Commercial real estate & other non-farm, non-residential $858,170
Multifamily residential real estate $2,498,853
1-4 family residential loans $4,589,273
Farmland loans $0
Loans held in foreign offices $0
Farm loans $0
Commercial and industrial loans $961,507
To non-U.S. addressees $0
Loans to individuals $336,363
Credit card loans $0
Related Plans $0
Consumer Auto Loans $268,655
Other loans to individuals $67,708
All other loans & leases $1,315,227
Loans to foreign governments and official institutions $0
Other loans $1,184,879
Loans to depository institutions and acceptances of other banks $0
Loans not secured by real estate $0
Loans secured by real estate to non-U.S. addressees $0
Restructured Loans & leases $0
Non 1-4 family restructured loans & leases $0
Total loans and leases (foreign) $0

Axos Bank had $11,642,376,000 of loans outstanding in 2020. $9,178,119,000 of loans were in real estate loans. $1,174,061,000 of loans were in development loans. $2,498,853,000 of loans were in multifamily mortgage loans. $4,589,273,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $268,655,000 of loans were in the auto loan category.

Small Business Loans

Categorization # of Loans in Category $ amount of loans (in 000's) Average $/loan
Nonfarm, nonresidential loans - <$1MM 39 $23,519 $603,051
Nonfarm, nonresidential loans - $100-250k 2 $200 $100,000
Nonfarm, nonresidential loans - $250k-1MM 37 $23,319 $630,243
Commercial & Industrial, US addressed loans - <$1MM 53 $2,783 $52,509
Commercial & Industrial, US addressed loans - <$100k 31 $886 $28,581
Commercial & Industrial, US addressed loans - $100-250k 14 $996 $71,143
Commercial & Industrial, US addressed loans - $250k-1MM 8 $901 $112,625