212 Loans Mortgage Rates, Fees & Info
Friendswood, TXLEI: 254900ACU16O36WZP625
Tax ID: 46-1866059
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Mortgage Data
Review & Overview
212 Loans is a smaller mortgage company specializing in Home Purchase loans. 212 Loans has a high proportion of conventional loans. Their top markets by origination volume include: Houston, Tampa, Orlando, Austin, and Jacksonville among others. We have data for 28 markets. (Some data included below & more in-depth data is available with an active subscription.)212 Loans has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
671Origination Dollar Volume (All Markets)
$168,545,000Top 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 |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 164 | $31,880,000 | $194,390 | $0 | 11.63% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 111 | $30,805,000 | $277,523 | $0 | 11.85% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 51 | $13,605,000 | $266,765 | $0 | 12.02% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 38 | $12,190,000 | $320,789 | $0 | 11.71% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 61 | $11,345,000 | $185,984 | $0 | 11.73% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 31 | $10,535,000 | $339,839 | $0 | 11.60% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 24 | $9,790,000 | $407,917 | $0 | 11.91% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 28 | $7,550,000 | $269,643 | $0 | 12.31% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 20 | $6,370,000 | $318,500 | $0 | 11.87% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 23 | $6,005,000 | $261,087 | $0 | 11.93% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 25 | $5,875,000 | $235,000 | $0 | 11.69% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 25 | $5,665,000 | $226,600 | $0 | 11.63% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 25 | $4,745,000 | $189,800 | $0 | 11.35% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 8 | $3,860,000 | $482,500 | $0 | 13.25% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 10 | $2,200,000 | $220,000 | $0 | 11.99% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 10 | $1,690,000 | $169,000 | $0 | 11.74% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $1,370,000 | $685,000 | $0 | 14.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $0 | 12.66% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 10.99% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 14.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 11.99% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 11.49% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 14.00% |
| Shawnee, OK (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 11.49% |
| Outside of Metro Areas | 1 | $185,000 | $185,000 | $0 | 10.99% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 10.99% |
| Bay City, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 10.99% |
| El Campo, TX (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 11.99% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 671 | $168,545,000 | $251,185 | $0 | 11.80% |
For 2024, 212 Loans's most frequently originated type of loan was Conventional, with 671 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 671 | $168,545,000 | $251,185 | $0 | 11.80% |
For 2024, 212 Loans's most frequently cited loan purpose was Home Purchase, with 671 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 669 | $167,065,000 | $249,723 | $0 | 11.80% |
| 1 Year | 2 | $1,480,000 | $740,000 | $0 | 11.23% |
For 2024, 212 Loans's most frequently cited loan duration was Other, with 669 originations. The 2nd most popular length was 1 Year, with 2 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 671 | $168,545,000 | $251,185 |
During 2024, 212 Loans's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 671 originations.
Loan Sizing
2024 saw 212 Loans place emphasis on $200k-400k loans with 346 originations, totaling $97,810,000 in origination value.
Applicant Income
212 Loans lent most frequently to those with incomes in the $250k+ range, with 71 originations. The second most popular income band? $150k-250k, with 50 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications100.00%
212 Loans has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination84.20%
212 Loans has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 671 | $168,545,000 | $251,185 |