Finance Factors Limited Mortgage Rates, Fees & Info
Honolulu, HILEI: 254900E5RO9KE6OFNQ81
Tax ID: 99-0077649
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Finance Factors Limited is a smaller mortgage company specializing in Home Purchase loans. Finance Factors Limited has a high proportion of conventional loans. Their top markets by origination volume include: Urban Honolulu, Kahului, and Hilo among others. We have data for 3 markets. (Some data included below & more in-depth data is available with an active subscription.)Finance Factors Limited 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.
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Originations
51Origination Dollar Volume (All Markets)
$37,265,000Top 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 |
|---|---|---|---|---|---|
| URBAN HONOLULU, HI (FHA|USDA|VA) | 33 | $23,765,000 | $720,152 | $0 | 0.00% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 9 | $9,535,000 | $1,059,444 | $0 | 0.00% |
| Hilo, HI (FHA|USDA|VA) | 9 | $3,965,000 | $440,556 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 51 | $37,265,000 | $730,686 | $0 | 0.00% |
For 2024, Finance Factors Limited's most frequently originated type of loan was Conventional, with 51 originations.
Loan Reason
For 2024, Finance Factors Limited's most frequently cited loan purpose was Home Purchase, with 32 originations. The 2nd most popular reason was Cash Out Refi, with 10 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 51 | $37,265,000 | $730,686 | $0 | 0.00% |
For 2024, Finance Factors Limited's most frequently cited loan duration was Other, with 51 originations.
Loan Sizing
2024 saw Finance Factors Limited place emphasis on $600k-1MM loans with 16 originations, totaling $12,750,000 in origination value.
Applicant Income
Finance Factors Limited lent most frequently to those with incomes in the $250k+ range, with 19 originations. The second most popular income band? $150k-250k, with 11 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 51 | $37,265,000 | $730,686 | $0 | 0.00% |
Finance Factors Limited lent most frequently to those with DTI ratios of Exempt%, with 51 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.05%
Finance Factors Limited has an average approval rate.
Pick Rate
Approvals leading to origination64.71%
Finance Factors Limited 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 |
|---|---|---|---|
| Exempt | 51 | $37,265,000 | $730,686 |