Axos Bank Mortgage Rates, Fees & Info

San Diego, CA

LEI: 2549009X2AG1P20YAJ63

Tax ID: 33-0904883

1.4 stars - out of 5 stars, based on 63 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

  • SimulatedRates™
  • Bank Data

    Review & 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 by origination volume include: Los Angeles, San Diego, New York, San Francisco, and San Jose among others. We have data for 311 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. 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 in 2021-- chances are they are still one in 2022.

    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 6.28% 8/6/22
    30 Year Conventional Refi 5.45% 8/6/22
    30 Year Cash-out Refi 5.67% 8/6/22
    30 Year FHA Purchase 6.67% 8/6/22
    30 Year FHA Refi 6.97% 8/6/22
    30 Year VA Purchase 5.43% 8/6/22
    30 Year VA Refi 5.71% 8/6/22
    15 Year Conventional Purchase 4.36% 8/6/22
    15 Year Conventional Refi 4.35% 8/6/22
    15 Year Cash-out Refi 4.35% 8/6/22
    15 Year FHA Purchase 4.26% 8/6/22
    15 Year FHA Refi 4.26% 8/6/22
    15 Year VA Refi 4.26% 8/6/22
    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

    3,970

    Origination Dollar Volume (All Markets)

    $2,846,230,000

    Employee count

    1,022 Show all (23) awards

    Relative Rate

    Axos Bank's average 30 year fixed rate mortgage of loans were 3.41%.

    The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

    This yields a difference of 0.26%.

    Relative Fees

    Axos Bank's average total fees for a 30 year fixed rate mortgage are $7,523.

    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 $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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) » 545 $1,011,585,000 $1,856,119 $14,710 3.95%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) » 361 $240,285,000 $665,609 $5,720 2.93%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) » 163 $220,415,000 $1,352,239 $13,540 3.55%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) » 175 $187,635,000 $1,072,200 $9,864 3.57%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) » 76 $114,090,000 $1,501,184 $12,425 3.91%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) » 201 $74,935,000 $372,811 $2,690 2.98%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) » 132 $56,660,000 $429,242 $4,097 3.30%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) » 65 $50,525,000 $777,308 $14,878 3.34%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) » 91 $47,225,000 $518,956 $4,877 3.07%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) » 113 $41,955,000 $371,283 $2,893 2.93%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) » 57 $29,715,000 $521,316 $6,087 2.99%
    COLUMBUS, OH (FHA|USDA|VA) » 102 $28,660,000 $280,980 $1,917 2.75%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) » 66 $27,960,000 $423,636 $3,475 2.93%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) » 52 $25,470,000 $489,808 $5,477 3.15%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) » 49 $24,145,000 $492,755 $3,489 2.92%
    RENO, NV (FHA|USDA|VA) » 30 $23,230,000 $774,333 $3,677 3.03%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) » 83 $22,755,000 $274,157 $2,207 3.03%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) » 51 $22,655,000 $444,216 $2,901 2.99%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) » 16 $22,350,000 $1,396,875 $22,864 3.78%
    Outside of Metro Areas 54 $19,460,000 $360,370 $4,989 2.99%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) » 44 $18,850,000 $428,409 $4,472 3.08%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) » 14 $18,680,000 $1,334,286 $17,672 3.41%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) » 51 $17,225,000 $337,745 $2,874 3.06%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) » 45 $17,185,000 $381,889 $2,780 2.89%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) » 24 $16,130,000 $672,083 $9,024 3.49%
    Heber, UT (FHA|USDA|VA) » 8 $14,190,000 $1,773,750 $29,106 4.01%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) » 7 $13,465,000 $1,923,571 $32,423 3.79%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) » 37 $11,165,000 $301,757 $4,159 2.88%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) » 31 $10,665,000 $344,032 $2,431 2.98%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) » 33 $10,475,000 $317,424 $3,586 2.92%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) » 21 $10,245,000 $487,857 $2,991 3.03%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) » 25 $9,835,000 $393,400 $3,506 3.34%
    RALEIGH-CARY, NC (FHA|USDA|VA) » 30 $9,650,000 $321,667 $2,809 2.84%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) » 8 $8,970,000 $1,121,250 $16,801 3.64%
    SALINAS, CA (FHA|USDA|VA) » 13 $8,895,000 $684,231 $3,917 3.42%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) » 25 $8,545,000 $341,800 $3,818 2.97%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) » 29 $8,445,000 $291,207 $1,520 2.84%
    SALT LAKE CITY, UT (FHA|USDA|VA) » 26 $8,400,000 $323,077 $2,116 2.98%
    RICHMOND, VA (FHA|USDA|VA) » 24 $8,030,000 $334,583 $1,885 2.91%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) » 10 $6,880,000 $688,000 $11,226 3.32%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) » 21 $6,355,000 $302,619 $3,069 2.73%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) » 22 $6,070,000 $275,909 $2,881 3.04%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) » 13 $5,875,000 $451,923 $5,547 3.22%
    Hilo, HI (FHA|USDA|VA) » 9 $5,785,000 $642,778 $3,550 3.00%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) » 18 $5,690,000 $316,111 $2,625 2.96%
    BOISE CITY, ID (FHA|USDA|VA) » 15 $5,555,000 $370,333 $2,395 2.98%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) » 16 $5,300,000 $331,250 $2,778 3.05%
    URBAN HONOLULU, HI (FHA|USDA|VA) » 11 $5,095,000 $463,182 $3,647 3.03%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) » 4 $4,770,000 $1,192,500 $5,955 4.06%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) » 8 $4,710,000 $588,750 $5,115 2.98%
    STOCKTON, CA (FHA|USDA|VA) » 13 $4,635,000 $356,538 $3,382 3.03%
    PROVO-OREM, UT (FHA|USDA|VA) » 15 $4,525,000 $301,667 $2,132 2.89%
    FRESNO, CA (FHA|USDA|VA) » 10 $4,310,000 $431,000 $4,817 3.13%
    ST. LOUIS, MO-IL (FHA|USDA|VA) » 16 $4,180,000 $261,250 $1,799 3.06%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) » 10 $3,960,000 $396,000 $1,760 2.72%
    Kapaa, HI (FHA|USDA|VA) » 6 $3,960,000 $660,000 $3,381 2.62%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) » 13 $3,895,000 $299,615 $1,778 2.79%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) » 16 $3,890,000 $243,125 $3,463 3.49%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) » 8 $3,770,000 $471,250 $5,192 3.11%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) » 10 $3,750,000 $375,000 $2,922 3.04%
    ANCHORAGE, AK (FHA|USDA|VA) » 10 $3,680,000 $368,000 $2,998 2.80%
    VALLEJO, CA (FHA|USDA|VA) » 9 $3,545,000 $393,889 $2,174 3.35%
    Kalispell, MT (FHA|USDA|VA) » 4 $3,490,000 $872,500 $11,797 3.91%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) » 11 $3,485,000 $316,818 $1,544 2.67%
    KANSAS CITY, MO-KS (FHA|USDA|VA) » 13 $3,395,000 $261,154 $2,676 3.31%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) » 10 $3,350,000 $335,000 $2,620 2.55%
    Bozeman, MT (FHA|USDA|VA) » 4 $3,130,000 $782,500 $14,030 2.96%
    FORT COLLINS, CO (FHA|USDA|VA) » 8 $3,120,000 $390,000 $2,359 3.14%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) » 11 $3,115,000 $283,182 $2,194 2.95%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) » 9 $3,115,000 $346,111 $2,190 3.10%
    SPRINGFIELD, MA (FHA|USDA|VA) » 10 $3,110,000 $311,000 $2,667 2.81%
    Breckenridge, CO (FHA|USDA|VA) » 3 $3,105,000 $1,035,000 $4,158 3.25%
    ALBUQUERQUE, NM (FHA|USDA|VA) » 10 $3,090,000 $309,000 $2,830 2.83%
    MODESTO, CA (FHA|USDA|VA) » 7 $3,005,000 $429,286 $3,497 3.41%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) » 17 $2,945,000 $173,235 $2,398 3.42%
    ST. GEORGE, UT (FHA|USDA|VA) » 8 $2,910,000 $363,750 $1,761 2.98%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) » 7 $2,895,000 $413,571 $5,591 3.03%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) » 9 $2,835,000 $315,000 $1,968 2.48%
    BEND, OR (FHA|USDA|VA) » 9 $2,785,000 $309,444 $2,774 2.75%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) » 7 $2,785,000 $397,857 $1,618 3.10%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) » 11 $2,705,000 $245,909 $0 3.19%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) » 6 $2,650,000 $441,667 $7,036 3.19%
    SALISBURY, MD-DE (FHA|USDA|VA) » 7 $2,565,000 $366,429 $2,207 2.71%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) » 6 $2,520,000 $420,000 $1,722 2.77%
    Truckee-Grass Valley, CA (FHA|USDA|VA) » 4 $2,330,000 $582,500 $7,840 2.90%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) » 6 $2,320,000 $386,667 $2,443 3.02%
    BAKERSFIELD, CA (FHA|USDA|VA) » 5 $2,295,000 $459,000 $4,434 2.92%
    FLAGSTAFF, AZ (FHA|USDA|VA) » 7 $2,265,000 $323,571 $1,746 3.09%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) » 7 $2,155,000 $307,857 $2,481 2.55%
    CHICO, CA (FHA|USDA|VA) » 6 $2,130,000 $355,000 $2,912 2.94%
    Outside of Metro Areas 6 $2,060,000 $343,333 $3,274 3.02%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) » 9 $2,055,000 $228,333 $2,307 3.15%
    MEDFORD, OR (FHA|USDA|VA) » 5 $1,935,000 $387,000 $3,175 3.00%
    MERCED, CA (FHA|USDA|VA) » 7 $1,915,000 $273,571 $2,936 3.30%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) » 6 $1,890,000 $315,000 $3,896 3.41%
    TUCSON, AZ (FHA|USDA|VA) » 8 $1,880,000 $235,000 $2,179 3.58%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) » 8 $1,790,000 $223,750 $1,961 3.47%
    LOGAN, UT-ID (FHA|USDA|VA) » 6 $1,760,000 $293,333 $1,410 2.77%
    BOULDER, CO (FHA|USDA|VA) » 4 $1,750,000 $437,500 $6,686 2.78%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) » 7 $1,715,000 $245,000 $1,685 2.82%
    WILMINGTON, NC (FHA|USDA|VA) » 2 $1,700,000 $850,000 $9,063 3.87%
    OKLAHOMA CITY, OK (FHA|USDA|VA) » 9 $1,695,000 $188,333 $2,789 3.60%
    JACKSONVILLE, FL (FHA|USDA|VA) » 6 $1,660,000 $276,667 $1,942 2.71%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) » 6 $1,630,000 $271,667 $5,813 3.02%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) » 3 $1,625,000 $541,667 $6,309 3.00%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) » 5 $1,615,000 $323,000 $2,357 2.90%
    GAINESVILLE, GA (FHA|USDA|VA) » 3 $1,595,000 $531,667 $7,653 3.12%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) » 6 $1,580,000 $263,333 $3,055 3.29%
    PANAMA CITY, FL (FHA|USDA|VA) » 7 $1,575,000 $225,000 $0 3.50%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) » 5 $1,565,000 $313,000 $1,823 2.92%
    MISSOULA, MT (FHA|USDA|VA) » 6 $1,550,000 $258,333 $1,557 2.92%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) » 5 $1,535,000 $307,000 $3,202 2.55%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) » 4 $1,520,000 $380,000 $2,375 2.81%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) » 6 $1,510,000 $251,667 $2,977 3.29%
    ASHEVILLE, NC (FHA|USDA|VA) » 4 $1,510,000 $377,500 $1,784 2.69%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) » 5 $1,505,000 $301,000 $2,200 3.00%
    Oak Harbor, WA (FHA|USDA|VA) » 4 $1,440,000 $360,000 $3,209 2.88%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) » 2 $1,350,000 $675,000 $4,143 3.00%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) » 9 $1,335,000 $148,333 $1,767 3.55%
    OCEAN CITY, NJ (FHA|USDA|VA) » 3 $1,325,000 $441,667 $4,994 2.54%
    PORT ST. LUCIE, FL (FHA|USDA|VA) » 5 $1,275,000 $255,000 $3,180 3.00%
    WORCESTER, MA-CT (FHA|USDA|VA) » 4 $1,250,000 $312,500 $2,783 2.78%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) » 5 $1,205,000 $241,000 $6,303 3.09%
    Helena, MT (FHA|USDA|VA) » 3 $1,135,000 $378,333 $1,517 3.08%
    SALEM, OR (FHA|USDA|VA) » 4 $1,100,000 $275,000 $3,065 2.88%
    Gardnerville Ranchos, NV (FHA|USDA|VA) » 2 $1,060,000 $530,000 $4,841 3.75%
    KNOXVILLE, TN (FHA|USDA|VA) » 4 $1,040,000 $260,000 $2,914 3.09%
    REDDING, CA (FHA|USDA|VA) » 3 $1,035,000 $345,000 $1,554 2.58%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) » 3 $1,035,000 $345,000 $2,440 2.87%
    ROANOKE, VA (FHA|USDA|VA) » 3 $1,025,000 $341,667 $2,575 2.71%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) » 3 $995,000 $331,667 $2,790 2.33%
    LONGVIEW, WA (FHA|USDA|VA) » 2 $970,000 $485,000 $1,866 3.25%
    JACKSONVILLE, NC (FHA|USDA|VA) » 2 $970,000 $485,000 $0 3.44%
    PUNTA GORDA, FL (FHA|USDA|VA) » 3 $965,000 $321,667 $3,021 2.99%
    HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) » 3 $955,000 $318,333 $2,766 2.79%
    PITTSBURGH, PA (FHA|USDA|VA) » 5 $955,000 $191,000 $3,576 3.25%
    YAKIMA, WA (FHA|USDA|VA) » 2 $950,000 $475,000 $1,595 2.62%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) » 3 $935,000 $311,667 $2,491 3.12%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) » 3 $935,000 $311,667 $1,256 2.75%
    CHEYENNE, WY (FHA|USDA|VA) » 2 $930,000 $465,000 $2,158 3.12%
    LYNCHBURG, VA (FHA|USDA|VA) » 3 $925,000 $308,333 $2,119 2.63%
    Glenwood Springs, CO (FHA|USDA|VA) » 2 $910,000 $455,000 $3,501 2.62%
    Fernley, NV (FHA|USDA|VA) » 3 $895,000 $298,333 $4,014 3.24%
    SYRACUSE, NY (FHA|USDA|VA) » 4 $880,000 $220,000 $6,369 3.34%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) » 4 $860,000 $215,000 $2,399 2.69%
    Ukiah, CA (FHA|USDA|VA) » 2 $850,000 $425,000 $4,287 3.93%
    SANTA FE, NM (FHA|USDA|VA) » 3 $845,000 $281,667 $2,443 3.00%
    COLUMBIA, SC (FHA|USDA|VA) » 5 $835,000 $167,000 $2,014 3.44%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) » 4 $810,000 $202,500 $2,644 3.12%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) » 2 $790,000 $395,000 $1,949 3.00%
    AKRON, OH (FHA|USDA|VA) » 3 $765,000 $255,000 $1,251 2.91%
    GREELEY, CO (FHA|USDA|VA) » 2 $740,000 $370,000 $5,058 3.00%
    JOHNSON CITY, TN (FHA|USDA|VA) » 2 $740,000 $370,000 $1,148 2.94%
    JACKSON, MS (FHA|USDA|VA) » 4 $740,000 $185,000 $1,954 3.71%
    DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) » 4 $730,000 $182,500 $1,920 3.34%
    COLORADO SPRINGS, CO (FHA|USDA|VA) » 2 $720,000 $360,000 $1,755 2.62%
    Juneau, AK (FHA|USDA|VA) » 2 $720,000 $360,000 $5,323 2.25%
    ANN ARBOR, MI (FHA|USDA|VA) » 3 $715,000 $238,333 $3,766 2.83%
    Easton, MD (FHA|USDA|VA) » 1 $715,000 $715,000 $15,594 2.88%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) » 2 $700,000 $350,000 $1,348 2.81%
    BILLINGS, MT (FHA|USDA|VA) » 3 $695,000 $231,667 $2,191 2.62%
    ODESSA, TX (FHA|USDA|VA) » 2 $690,000 $345,000 $5,157 2.87%
    GREAT FALLS, MT (FHA|USDA|VA) » 2 $670,000 $335,000 $1,708 3.25%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) » 3 $645,000 $215,000 $1,593 2.95%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) » 4 $640,000 $160,000 $0 3.47%
    ROCHESTER, MN (FHA|USDA|VA) » 2 $640,000 $320,000 $963 2.63%
    Lebanon, NH-VT (FHA|USDA|VA) » 2 $640,000 $320,000 $1,076 2.94%
    POCATELLO, ID (FHA|USDA|VA) » 3 $635,000 $211,667 $2,448 2.87%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) » 3 $615,000 $205,000 $3,751 3.21%
    CANTON-MASSILLON, OH (FHA|USDA|VA) » 3 $615,000 $205,000 $5,219 3.33%
    COLUMBUS, GA-AL (FHA|USDA|VA) » 3 $615,000 $205,000 $3,326 3.41%
    BELLINGHAM, WA (FHA|USDA|VA) » 2 $600,000 $300,000 $1,360 2.69%
    Centralia, WA (FHA|USDA|VA) » 1 $595,000 $595,000 $0 2.13%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) » 2 $580,000 $290,000 $1,597 3.00%
    Newport, OR (FHA|USDA|VA) » 2 $580,000 $290,000 $4,479 3.06%
    Astoria, OR (FHA|USDA|VA) » 1 $565,000 $565,000 $3,984 3.00%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) » 2 $560,000 $280,000 $4,102 2.50%
    CORPUS CHRISTI, TX (FHA|USDA|VA) » 1 $545,000 $545,000 $4,395 2.88%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) » 1 $535,000 $535,000 $3,158 2.88%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) » 1 $525,000 $525,000 $1,673 2.13%
    GRAND FORKS, ND-MN (FHA|USDA|VA) » 2 $520,000 $260,000 $1,435 2.25%
    SPRINGFIELD, MO (FHA|USDA|VA) » 1 $515,000 $515,000 $1,544 2.49%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) » 3 $515,000 $171,667 $4,323 2.92%
    TALLAHASSEE, FL (FHA|USDA|VA) » 2 $510,000 $255,000 $3,113 2.99%
    TWIN FALLS, ID (FHA|USDA|VA) » 1 $505,000 $505,000 $12,867 2.75%
    FORT WAYNE, IN (FHA|USDA|VA) » 3 $495,000 $165,000 $1,718 3.12%
    EL CENTRO, CA (FHA|USDA|VA) » 2 $490,000 $245,000 $2,396 3.49%
    BLOOMINGTON, IN (FHA|USDA|VA) » 2 $480,000 $240,000 $0 4.00%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) » 1 $475,000 $475,000 $3,948 2.99%
    RACINE, WI (FHA|USDA|VA) » 2 $470,000 $235,000 $3,630 2.88%
    Morehead City, NC (FHA|USDA|VA) » 1 $455,000 $455,000 $2,997 2.13%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) » 1 $455,000 $455,000 $2,403 2.75%
    Sevierville, TN (FHA|USDA|VA) » 1 $455,000 $455,000 $0 2.88%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) » 2 $450,000 $225,000 $3,582 2.99%
    MADISON, WI (FHA|USDA|VA) » 2 $450,000 $225,000 $1,813 3.13%
    PITTSFIELD, MA (FHA|USDA|VA) » 2 $450,000 $225,000 $3,177 2.87%
    HOT SPRINGS, AR (FHA|USDA|VA) » 2 $440,000 $220,000 $3,193 3.06%
    Augusta-Waterville, ME (FHA|USDA|VA) » 1 $435,000 $435,000 $963 2.75%
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) » 2 $430,000 $215,000 $3,489 3.00%
    MUNCIE, IN (FHA|USDA|VA) » 2 $430,000 $215,000 $2,847 3.12%
    ROME, GA (FHA|USDA|VA) » 1 $425,000 $425,000 $2,877 2.88%
    Show Low, AZ (FHA|USDA|VA) » 2 $420,000 $210,000 $2,539 3.12%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) » 1 $405,000 $405,000 $1,152 3.25%
    VISALIA, CA (FHA|USDA|VA) » 2 $400,000 $200,000 $3,951 3.31%
    ALBANY, GA (FHA|USDA|VA) » 1 $395,000 $395,000 $2,724 2.88%
    Torrington, CT (FHA|USDA|VA) » 1 $395,000 $395,000 $1,342 2.38%
    MIDLAND, TX (FHA|USDA|VA) » 1 $395,000 $395,000 $4,553 2.63%
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) » 1 $395,000 $395,000 $5,167 2.88%
    Eureka-Arcata, CA (FHA|USDA|VA) » 2 $380,000 $190,000 $2,586 3.06%
    GRAND JUNCTION, CO (FHA|USDA|VA) » 2 $380,000 $190,000 $2,239 3.49%
    SHERMAN-DENISON, TX (FHA|USDA|VA) » 2 $380,000 $190,000 $0 3.06%
    WINSTON-SALEM, NC (FHA|USDA|VA) » 2 $380,000 $190,000 $1,772 3.56%
    LINCOLN, NE (FHA|USDA|VA) » 2 $380,000 $190,000 $4,823 2.50%
    Hood River, OR (FHA|USDA|VA) » 1 $375,000 $375,000 $2,128 2.88%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) » 1 $375,000 $375,000 $2,487 2.13%
    FORT SMITH, AR-OK (FHA|USDA|VA) » 1 $365,000 $365,000 $963 2.75%
    Williston, ND (FHA|USDA|VA) » 1 $365,000 $365,000 $2,403 2.13%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) » 1 $365,000 $365,000 $4,588 2.49%
    Malone, NY (FHA|USDA|VA) » 1 $365,000 $365,000 $2,681 2.88%
    Vernal, UT (FHA|USDA|VA) » 1 $355,000 $355,000 $10,048 2.49%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) » 2 $350,000 $175,000 $3,977 3.06%
    ST. CLOUD, MN (FHA|USDA|VA) » 1 $345,000 $345,000 $988 2.75%
    WILLIAMSPORT, PA (FHA|USDA|VA) » 1 $345,000 $345,000 $3,520 2.88%
    WENATCHEE, WA (FHA|USDA|VA) » 1 $335,000 $335,000 $2,427 2.88%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) » 1 $335,000 $335,000 $3,599 2.88%
    Spencer, IA (FHA|USDA|VA) » 1 $335,000 $335,000 $5,007 1.99%
    TULSA, OK (FHA|USDA|VA) » 2 $330,000 $165,000 $4,312 3.99%
    Findlay, OH (FHA|USDA|VA) » 1 $325,000 $325,000 $978 2.75%
    YORK-HANOVER, PA (FHA|USDA|VA) » 1 $325,000 $325,000 $1,632 2.75%
    CLEVELAND, TN (FHA|USDA|VA) » 1 $315,000 $315,000 $2,173 2.88%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) » 1 $315,000 $315,000 $2,139 2.49%
    IDAHO FALLS, ID (FHA|USDA|VA) » 1 $315,000 $315,000 $1,747 2.88%
    READING, PA (FHA|USDA|VA) » 2 $310,000 $155,000 $3,164 3.19%
    Gillette, WY (FHA|USDA|VA) » 1 $305,000 $305,000 $2,678 2.49%
    DULUTH, MN-WI (FHA|USDA|VA) » 1 $305,000 $305,000 $938 2.88%
    HARRISONBURG, VA (FHA|USDA|VA) » 1 $295,000 $295,000 $1,163 2.88%
    Shelton, WA (FHA|USDA|VA) » 1 $295,000 $295,000 $1,010 2.25%
    Brookings, SD (FHA|USDA|VA) » 1 $295,000 $295,000 $1,498 2.75%
    Warsaw, IN (FHA|USDA|VA) » 1 $285,000 $285,000 $2,557 2.75%
    Hobbs, NM (FHA|USDA|VA) » 1 $285,000 $285,000 $2,460 3.25%
    Bonham, TX (FHA|USDA|VA) » 1 $285,000 $285,000 $3,050 3.99%
    CARSON CITY, NV (FHA|USDA|VA) » 1 $285,000 $285,000 $1,640 2.75%
    GREEN BAY, WI (FHA|USDA|VA) » 1 $285,000 $285,000 $1,688 2.49%
    Somerset, PA (FHA|USDA|VA) » 1 $275,000 $275,000 $4,292 2.99%
    Barre, VT (FHA|USDA|VA) » 1 $275,000 $275,000 $2,511 3.49%
    FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) » 1 $275,000 $275,000 $1,023 3.13%
    SPRINGFIELD, IL (FHA|USDA|VA) » 1 $275,000 $275,000 $1,224 2.49%
    LANCASTER, PA (FHA|USDA|VA) » 2 $270,000 $135,000 $0 3.75%
    Urbana, OH (FHA|USDA|VA) » 1 $265,000 $265,000 $6,408 2.38%
    Carlsbad-Artesia, NM (FHA|USDA|VA) » 1 $265,000 $265,000 $1,380 2.99%
    SPARTANBURG, SC (FHA|USDA|VA) » 1 $265,000 $265,000 $1,851 3.25%
    WICHITA, KS (FHA|USDA|VA) » 1 $255,000 $255,000 $2,486 2.99%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) » 1 $255,000 $255,000 $1,427 2.88%
    Aberdeen, SD (FHA|USDA|VA) » 1 $255,000 $255,000 $2,399 2.63%
    JACKSON, TN (FHA|USDA|VA) » 1 $255,000 $255,000 $988 2.25%
    MANHATTAN, KS (FHA|USDA|VA) » 1 $255,000 $255,000 $1,014 2.88%
    MONROE, MI (FHA|USDA|VA) » 1 $255,000 $255,000 $1,826 3.49%
    Grand Rapids, MN (FHA|USDA|VA) » 1 $245,000 $245,000 $1,633 2.38%
    Concord, NH (FHA|USDA|VA) » 1 $245,000 $245,000 $1,678 2.49%
    GAINESVILLE, FL (FHA|USDA|VA) » 1 $245,000 $245,000 $10,857 3.00%
    NILES, MI (FHA|USDA|VA) » 1 $245,000 $245,000 $1,661 3.13%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) » 1 $245,000 $245,000 $5,271 3.25%
    EVANSVILLE, IN-KY (FHA|USDA|VA) » 2 $240,000 $120,000 $0 3.63%
    Nogales, AZ (FHA|USDA|VA) » 1 $235,000 $235,000 $1,678 2.99%
    The Dalles, OR (FHA|USDA|VA) » 1 $235,000 $235,000 $2,200 3.49%
    TOPEKA, KS (FHA|USDA|VA) » 1 $235,000 $235,000 $2,124 2.88%
    LaGrange, GA-AL (FHA|USDA|VA) » 1 $235,000 $235,000 $5,968 3.13%
    Ashtabula, OH (FHA|USDA|VA) » 1 $225,000 $225,000 $3,931 2.99%
    MONTGOMERY, AL (FHA|USDA|VA) » 1 $225,000 $225,000 $1,678 2.88%
    Somerset, KY (FHA|USDA|VA) » 1 $225,000 $225,000 $2,847 3.13%
    LEWISTON, ID-WA (FHA|USDA|VA) » 1 $225,000 $225,000 $1,421 3.25%
    OCALA, FL (FHA|USDA|VA) » 1 $215,000 $215,000 $3,410 3.49%
    Rockingham, NC (FHA|USDA|VA) » 1 $215,000 $215,000 $1,825 2.38%
    Silver City, NM (FHA|USDA|VA) » 1 $215,000 $215,000 $3,229 2.99%
    FARGO, ND-MN (FHA|USDA|VA) » 1 $215,000 $215,000 $2,743 2.88%
    Danville, VA (FHA|USDA|VA) » 1 $215,000 $215,000 $5,567 2.63%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) » 1 $205,000 $205,000 $2,583 3.63%
    WAUSAU-WESTON, WI (FHA|USDA|VA) » 1 $205,000 $205,000 $2,593 2.99%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) » 1 $205,000 $205,000 $2,173 2.75%
    Yankton, SD (FHA|USDA|VA) » 1 $195,000 $195,000 $2,158 2.99%
    TYLER, TX (FHA|USDA|VA) » 1 $185,000 $185,000 $0 3.13%
    GOLDSBORO, NC (FHA|USDA|VA) » 1 $185,000 $185,000 $2,210 2.88%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) » 1 $175,000 $175,000 $3,658 3.13%
    Boone, NC (FHA|USDA|VA) » 1 $175,000 $175,000 $2,254 2.38%
    HUNTSVILLE, AL (FHA|USDA|VA) » 1 $175,000 $175,000 $0 3.38%
    DECATUR, AL (FHA|USDA|VA) » 1 $165,000 $165,000 $0 3.38%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) » 1 $165,000 $165,000 $1,958 2.63%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) » 1 $165,000 $165,000 $0 3.38%
    WINCHESTER, VA-WV (FHA|USDA|VA) » 1 $165,000 $165,000 $0 3.13%
    ST. JOSEPH, MO-KS (FHA|USDA|VA) » 1 $165,000 $165,000 $2,140 4.63%
    DAYTON-KETTERING, OH (FHA|USDA|VA) » 1 $155,000 $155,000 $1,693 2.63%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) » 1 $155,000 $155,000 $2,138 2.99%
    Sonora, CA (FHA|USDA|VA) » 1 $155,000 $155,000 $2,419 3.13%
    Laconia, NH (FHA|USDA|VA) » 1 $155,000 $155,000 $1,678 3.38%
    LIMA, OH (FHA|USDA|VA) » 1 $145,000 $145,000 $1,393 2.75%
    Shelby, NC (FHA|USDA|VA) » 1 $145,000 $145,000 $1,893 3.63%
    SIOUX FALLS, SD (FHA|USDA|VA) » 1 $145,000 $145,000 $2,167 2.88%
    SAVANNAH, GA (FHA|USDA|VA) » 1 $145,000 $145,000 $0 3.63%
    GLENS FALLS, NY (FHA|USDA|VA) » 1 $125,000 $125,000 $0 4.99%
    Cullowhee, NC (FHA|USDA|VA) » 1 $125,000 $125,000 $0 3.25%
    Owatonna, MN (FHA|USDA|VA) » 1 $115,000 $115,000 $2,248 3.63%
    FLINT, MI (FHA|USDA|VA) » 1 $115,000 $115,000 $3,873 2.88%
    FAYETTEVILLE, NC (FHA|USDA|VA) » 1 $115,000 $115,000 $0 4.49%
    Port Angeles, WA (FHA|USDA|VA) » 1 $105,000 $105,000 $5,338 3.25%
    Calhoun, GA (FHA|USDA|VA) » 1 $105,000 $105,000 $2,313 3.38%
    BATON ROUGE, LA (FHA|USDA|VA) » 1 $85,000 $85,000 $4,377 4.75%
    YUMA, AZ (FHA|USDA|VA) » 1 $75,000 $75,000 $0 4.49%
    LONGVIEW, TX (FHA|USDA|VA) » 1 $75,000 $75,000 $0 3.63%
    Kingsville, TX (FHA|USDA|VA) » 1 $65,000 $65,000 $0 3.49%
    Orangeburg, SC (FHA|USDA|VA) » 1 $55,000 $55,000 $0 3.63%
    ROCHESTER, NY (FHA|USDA|VA) » 1 $45,000 $45,000 $0 4.99%

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

    Product Mix

    Loan Type Originations Total Value Average Loan Average Fees Average Rate
    Conventional » 3,952 $2,840,860,000 $718,841 $6,212 3.22%
    FHA » 13 $3,775,000 $290,385 $9,138 3.35%
    VA » 5 $1,595,000 $319,000 $9,607 3.03%

    For the 2021 period, Axos Bank's most frequently originated loan type of loans were Conventional, with 3,952 originations. Their 2nd most popular type is FHA, with 13 originations.

    Loan Reason

    Loan Reason Originations Total Value Average Loan Average Fees Average Rate
    Refi » 1,621 $807,455,000 $498,122 $3,294 2.86%
    Cash Out Refi » 1,226 $802,570,000 $654,625 $4,827 3.26%
    Home Purchase » 1,036 $1,143,250,000 $1,103,523 $12,366 3.68%
    Other » 50 $79,860,000 $1,597,200 $21,239 3.78%
    Home Improvement » 37 $13,095,000 $353,919 $5,133 3.65%

    For the 2021, Axos Bank's most frequently cited loan purpose of loans were Refi, with 1,621 originations. The 2nd most popular reason of loans were Cash Out Refi, with 1,226 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year » 3,068 $2,425,080,000 $790,443 $7,523 3.41%
    15 Year » 595 $188,775,000 $317,269 $2,331 2.46%
    20 Year » 138 $44,580,000 $323,043 $2,060 2.77%
    10 Year » 108 $142,780,000 $1,322,037 $2,252 3.17%
    Other » 61 $45,015,000 $737,951 $3,272 1.88%

    For the 2021, Axos Bank's most frequently cited loan length of loans were 30 Year, with 3,068 originations. The 2nd most popular length of loans were 15 Year, with 595 originations.

    Origination Fees

    Origination Fee Originations Total Value Average Loan
    $<1k » 1,873 $753,335,000 $402,208
    $1k-2k » 496 $394,020,000 $794,395
    $5k+ » 395 $712,675,000 $1,804,241
    $2k-3k » 154 $58,380,000 $379,091
    $3k-4k » 97 $44,415,000 $457,887
    $4k-5k » 60 $32,750,000 $545,833

    $7,523 of loans were Axos Bank's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,873 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% » 1,487 $543,065,000 $365,208
    3-4% » 1,165 $731,275,000 $627,704
    <2.5% » 653 $252,265,000 $386,317
    4-5% » 623 $1,265,845,000 $2,031,854
    5-6% » 42 $53,780,000 $1,280,476

    During 2021, Axos Bank's average interest rate of loans were 3.41%, while their most frequently originated rate bucket of loans were 2.5-3%, with 1,487 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k » 1,720 $509,930,000 $296,471 $2,323 2.86%
    $400k-600k » 899 $432,955,000 $481,596 $3,347 3.00%
    $1MM+ » 545 $1,560,415,000 $2,863,147 $28,527 4.24%
    $100k-200k » 403 $64,385,000 $159,764 $2,982 3.25%
    $600k-1MM » 359 $275,085,000 $766,253 $8,132 3.81%
    $100,000 or less » 44 $3,460,000 $78,636 $3,062 3.85%

    2021 saw Axos Bank place emphasis on $200k-400k loans with 1,720 originations, totaling $509,930,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k » 1,017 $470,255,000 $462,394 $4,033 3.09%
    $100k-150k » 985 $352,005,000 $357,365 $2,927 2.96%
    $250k+ » 859 $1,262,245,000 $1,469,435 $17,240 3.62%
    $75k-100k » 479 $146,015,000 $304,833 $2,646 2.97%
    $50k-75k » 341 $89,965,000 $263,827 $2,729 3.04%
    $50k or less » 90 $19,050,000 $211,667 $3,411 3.21%

    Axos Bank lent most frequently to those with incomes in the $150k-250k range, with 1,017 originations. The second most popular income band? $100k-150k, with 985 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% » 888 $435,780,000 $490,743 $4,021 2.99%
    30-36% » 700 $382,310,000 $546,157 $6,076 3.12%
    <20% » 463 $287,115,000 $620,119 $5,512 3.12%
    37% » 141 $92,475,000 $655,851 $6,112 3.13%
    50-60% » 140 $237,570,000 $1,696,929 $23,203 4.05%
    41% » 132 $65,210,000 $494,015 $6,212 3.19%
    44% » 122 $54,550,000 $447,131 $4,369 3.10%
    40% » 120 $64,720,000 $539,333 $6,344 3.12%
    38% » 118 $70,150,000 $594,492 $5,695 3.19%
    42% » 112 $62,710,000 $559,911 $5,385 3.11%
    39% » 112 $93,350,000 $833,482 $6,215 3.23%
    43% » 110 $57,940,000 $526,727 $5,099 3.17%
    49% » 109 $57,865,000 $530,872 $5,602 3.14%
    36% » 107 $71,805,000 $671,075 $5,286 3.07%
    48% » 104 $72,740,000 $699,423 $9,977 3.33%
    45% » 96 $70,810,000 $737,604 $5,635 3.19%
    47% » 94 $65,800,000 $700,000 $5,585 3.30%
    46% » 92 $50,730,000 $551,413 $6,364 3.28%
    >60% » 19 $56,685,000 $2,983,421 $29,928 4.27%

    Axos Bank lent most frequently to those with DTI ratios of 20-30%, with 888 originations. The next most common DTI ratio? 30-36%, with 700 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White » 2,001 $1,179,065,000 $589,238 $5,715 3.11%
    Not provided » 1,029 $675,045,000 $656,020 $7,302 3.16%
    Not applicable » 136 $433,990,000 $3,191,103 $0 4.44%
    Asian » 406 $259,280,000 $638,621 $7,056 3.14%
    Chinese » 202 $205,860,000 $1,019,109 $6,464 4.04%
    Black » 94 $34,200,000 $363,830 $4,366 3.23%
    Asian Indian » 49 $19,355,000 $395,000 $2,669 2.76%
    Vietnamese » 5 $11,835,000 $2,367,000 $38,729 3.25%
    Korean » 8 $7,510,000 $938,750 $6,244 3.68%
    American Indian » 14 $5,540,000 $395,714 $6,160 3.12%
    Filipino » 8 $4,960,000 $620,000 $2,042 3.33%
    Other Asian » 7 $3,145,000 $449,286 $2,067 3.27%
    Japanese » 3 $2,415,000 $805,000 $3,214 4.29%
    Other Pacific Islander » 6 $2,270,000 $378,333 $2,207 2.77%
    Native Hawaiian or Islander » 2 $1,760,000 $880,000 $13,237 3.43%

    Approval Rates

    Total approvals of all applications
    88.93%

    Axos Bank has an average approval rate.

    Pick Rate

    Approvals leading to origination
    62.75%

    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 3,970 $2,846,230,000 $716,935

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    » 3,970 $2,846,230,000 $716,935

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% » 297 $131,515,000 $442,811 $4,510 3.03%
    40-60% » 1,320 $1,052,270,000 $797,174 $6,680 3.18%
    60-80% » 1,981 $1,462,425,000 $738,226 $6,477 3.31%
    80-100% » 342 $183,890,000 $537,690 $4,840 3.04%
    Over 100% » 4 $9,230,000 $2,307,500 $25,831 4.22%
    Under 20% » 26 $6,900,000 $265,385 $4,426 3.06%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    AXOS FINANCIAL, INC. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 4.3%
    AXOS FINANCIAL, INC. Conventional home mortgage Closing on a mortgage 2 4.3%
    AXOS FINANCIAL, INC. Conventional home mortgage Incorrect information on your report 1 2.1%
    AXOS FINANCIAL, INC. Conventional home mortgage Struggling to pay mortgage 6 12.8%
    AXOS FINANCIAL, INC. Conventional home mortgage Trouble during payment process 24 51.1%
    AXOS FINANCIAL, INC. FHA mortgage Struggling to pay mortgage 1 2.1%
    AXOS FINANCIAL, INC. FHA mortgage Trouble during payment process 1 2.1%
    AXOS FINANCIAL, INC. Other type of mortgage Closing on a mortgage 1 2.1%
    AXOS FINANCIAL, INC. Other type of mortgage Struggling to pay mortgage 2 4.3%
    AXOS FINANCIAL, INC. Other type of mortgage Trouble during payment process 5 10.6%
    AXOS FINANCIAL, INC. VA mortgage Trouble during payment process 2 4.3%

    Bank Details

    Branches

    Bank Name Branch Branch Type Deposits (000's)
    Axos Bank 1000 Yard St Grandview Heights, OH 43212 Full Service Cyber Office $122,456
    Axos Bank 4350 La Jolla Village Drive, Suite 140 San Diego, CA 92122 Full Service Cyber Office $9,100,817
    Axos Bank 9205 West Russell Rd,suite 400 Las Vegas, NV 89148 Full Service Cyber Office $1,740,984

    For 2021, Axos Bank had 3 branches.

    Yearly Performance Overview

    Bank Income

    Item Value (in 000's)
    Total interest income $621,850
    Net interest income $576,994
    Total noninterest income $38,106
    Gross Fiduciary activities income $0
    Service charges on deposit accounts $4,012
    Trading account gains and fees $-5,683
    Additional Noninterest Income $39,777
    Pre-tax net operating income $346,822
    Securities gains (or losses, -) $0
    Income before extraordinary items $241,370
    Discontinued Operations (Extraordinary gains, net) $0
    Net income of bank and minority interests $241,370
    Minority interest net income $0
    Net income $241,370
    Sale, conversion, retirement of capital stock, net $0
    Net operating income $241,370

    Axos Bank's gross interest income from loans was $621,850,000.
    Axos Bank's net interest income from loans was $576,994,000.
    Axos Bank's fee based income from loans was $4,012,000.
    Axos Bank's net income from loans was $241,370,000.

    Bank Expenses

    Item Value (in 000's)
    Total interest expense $44,856
    Provision for credit losses $11,950
    Total noninterest expense $256,328
    Salaries and employee benefits $118,455
    Premises and equipment expense $25,229
    Additional noninterest expense $112,644
    Applicable income taxes $105,452
    Net charge-offs $7,858
    Cash dividends $50,000

    Axos Bank's interest expense for loans was $44,856,000.
    Axos Bank's payroll and benefits expense were $118,455,000.
    Axos Bank's property, plant and equipment expenses $25,229,000.

    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 0.0%
    Nonfarm, nonresidential loans 0.0%
    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 $12,367,609
    Deposits held in domestic offices $12,367,609
    Deposits by Individuals, partnerships, and corporations $11,526,851
    Deposits by U.S. Government $0
    Deposits by States and political subdivisions in the U.S. $580,159
    Deposits by Commercial banks and other depository institutions in U.S. $260,599
    Deposits by Banks in foreign countries $0
    Deposits by Foreign governments and official institutions $0
    Transaction accounts $3,822,422
    Demand deposits $3,822,417
    Nontransaction accounts $8,545,187
    Money market deposit accounts (MMDAs) $5,893,769
    Other savings deposits (excluding MMDAs) $1,365,003
    Total time deposits $1,286,415
    Total time and savings deposits $8,545,192
    Noninterest-bearing deposits $3,911,319
    Interest-bearing deposits $8,456,290
    Retail deposits $11,543,372
    IRAs and Keogh plan accounts $204,639
    Brokered deposits $415,310
    Deposits held in foreign offices $0

    Assets

    Asset Value (in 000's)
    Total Assets $14,047,081
    Cash & Balances due from depository institutions $821,648
    Interest-bearing balances $803,084
    Total securities $164,257
    Federal funds sold & reverse repurchase $0
    Net loans and leases $12,607,135
    Loan and leases loss allowance $140,305
    Trading account assets $0
    Bank premises and fixed assets $20,885
    Other real estate owned $0
    Goodwill and other intangibles $78,595
    All other assets $354,561

    Liabilities

    Liabilities Value (in 000's)
    Total liabilities and capital $14,047,081
    Total Liabilities $12,651,344
    Total deposits $12,367,609
    Interest-bearing deposits $8,456,290
    Deposits held in domestic offices $12,367,609
    % insured (estimated) $83
    Federal funds purchased and repurchase agreements $0
    Trading liabilities $0
    Other borrowed funds $157,500
    Subordinated debt $0
    All other liabilities $126,235

    Issued Loan Types

    Type Value (in 000's)
    Net loans and leases $12,607,135
    Loan and leases loss allowance $140,305
    Total loans and leases (domestic) $12,747,440
    All real estate loans $10,023,314
    Real estate loans in domestic offices $10,023,314
    Construction and development loans $2,168,770
    Residential 1-4 family construction $550,171
    Other construction, all land development and other land $1,618,599
    Loans secured by nonfarm nonresidential properties $1,167,118
    Nonfarm nonresidential secured by owner-occupied properties $58,307
    Commercial real estate & other non-farm, non-residential $1,108,811
    Multifamily residential real estate $2,370,015
    1-4 family residential loans $4,317,411
    Farmland loans $0
    Loans held in foreign offices $0
    Farm loans $0
    Commercial and industrial loans $1,569,277
    To non-U.S. addressees $0
    Loans to individuals $485,081
    Credit card loans $0
    Related Plans $0
    Consumer Auto Loans $421,521
    Other loans to individuals $63,560
    All other loans & leases $693,077
    Loans to foreign governments and official institutions $0
    Other loans $595,613
    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 $12,607,135,000 of loans outstanding in 2021. $10,023,314,000 of loans were in real estate loans. $2,168,770,000 of loans were in development loans. $2,370,015,000 of loans were in multifamily mortgage loans. $4,317,411,000 of loans were in 1-4 family mortgage loans. $0 of loans were in farm loans. $0 of loans were in credit card loans. $421,521,000 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 40 $24,907 $622,675
    Nonfarm, nonresidential loans - $100-250k 2 $176 $88,000
    Nonfarm, nonresidential loans - $250k-1MM 38 $24,731 $650,816
    Commercial & Industrial, US addressed loans - <$1MM 37 $1,645 $44,459
    Commercial & Industrial, US addressed loans - <$100k 21 $499 $23,762
    Commercial & Industrial, US addressed loans - $100-250k 12 $586 $48,833
    Commercial & Industrial, US addressed loans - $250k-1MM 4 $560 $140,000