Advisors Mortgage Group Rates, Fees & Info
Ocean, NJLEI: 254900F9ZTVTX763V835
Tax ID: 22-3626426
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Mortgage Data
Review & Overview
Advisors Mortgage Group is a smaller mortgage company specializing in Home Purchase loans. Advisors Mortgage Group has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: New York, Philadelphia, Atlantic City, Gainesville, and Trenton among others. We have data for 112 markets. (Some data included below & more in-depth data is available with an active subscription.)Advisors Mortgage Group 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. Advisors Mortgage Group is typically an average 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 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 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.
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 | 7.03% | 4/5/25 |
| 30 Year Conventional Refi | 6.90% | 4/5/25 |
| 30 Year Cash-out Refi | 7.20% | 4/5/25 |
| 30 Year FHA Purchase | 7.24% | 4/5/25 |
| 30 Year FHA Refi | 7.03% | 4/5/25 |
| 30 Year VA Purchase | 6.58% | 4/5/25 |
| 30 Year VA Refi | 6.72% | 4/5/25 |
| 30 Year USDA Purchase | 6.58% | 4/5/25 |
| 15 Year Conventional Purchase | 5.98% | 4/5/25 |
| 15 Year Conventional Refi | 5.86% | 4/5/25 |
| 15 Year Cash-out Refi | 5.86% | 4/5/25 |
| 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. | ||
Advisors Mortgage Group Mortgage Calculator
Your Estimates
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This is not an official calculator from Advisors Mortgage Group. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,561Origination Dollar Volume (All Markets)
$903,225,000Awards
Advisors Mortgage Group - 2024
Advisors Mortgage Group is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Advisors Mortgage Group's average 30 year fixed mortgage rate was
6.78%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.23%.
Relative Fees (Closing Costs)
Advisors Mortgage Group's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,658.
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 $8,356.
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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 1,164 | $483,320,000 | $415,223 | $7,865 | 6.76% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 342 | $107,870,000 | $315,409 | $8,473 | 6.64% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 343 | $98,055,000 | $285,875 | $7,204 | 6.81% |
| GAINESVILLE, FL (FHA|USDA|VA) | 100 | $30,590,000 | $305,900 | $7,593 | 6.52% |
| Outside of Metro Areas | 76 | $25,720,000 | $338,421 | $5,628 | 7.02% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 59 | $22,105,000 | $374,661 | $7,275 | 6.78% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 66 | $17,570,000 | $266,212 | $3,706 | 6.60% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 37 | $13,245,000 | $357,973 | $7,923 | 6.75% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 25 | $8,305,000 | $332,200 | $11,032 | 7.09% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 20 | $5,980,000 | $299,000 | $7,555 | 6.34% |
| Bennington, VT (FHA|USDA|VA) | 15 | $5,725,000 | $381,667 | $7,635 | 7.17% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 16 | $3,950,000 | $246,875 | $7,565 | 6.43% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 16 | $3,660,000 | $228,750 | $6,991 | 7.31% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 16 | $3,470,000 | $216,875 | $6,547 | 7.06% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 9 | $3,385,000 | $376,111 | $0 | 7.60% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 6 | $3,310,000 | $551,667 | $13,487 | 6.74% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 11 | $2,935,000 | $266,818 | $19,990 | 7.79% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 9 | $2,345,000 | $260,556 | $5,071 | 6.66% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 5 | $2,195,000 | $439,000 | $3,794 | 7.02% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 13 | $2,095,000 | $161,154 | $0 | 7.34% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 12 | $2,050,000 | $170,833 | $7,769 | 7.20% |
| OCALA, FL (FHA|USDA|VA) | 8 | $1,930,000 | $241,250 | $6,935 | 6.75% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 5 | $1,885,000 | $377,000 | $7,495 | 7.09% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 4 | $1,870,000 | $467,500 | $0 | 7.92% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 7 | $1,725,000 | $246,429 | $8,374 | 7.29% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 7 | $1,695,000 | $242,143 | $5,510 | 6.97% |
| Lebanon, NH-VT (FHA|USDA|VA) | 5 | $1,685,000 | $337,000 | $6,484 | 6.80% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 3 | $1,605,000 | $535,000 | $24,630 | 6.97% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 6 | $1,600,000 | $266,667 | $5,324 | 6.98% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $1,515,000 | $505,000 | $37,128 | 7.54% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 3 | $1,465,000 | $488,333 | $6,690 | 6.79% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 5 | $1,465,000 | $293,000 | $7,334 | 7.03% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 5 | $1,395,000 | $279,000 | $4,129 | 6.94% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $1,360,000 | $340,000 | $6,795 | 6.81% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 4 | $1,360,000 | $340,000 | $7,192 | 7.29% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 5 | $1,345,000 | $269,000 | $10,491 | 7.61% |
| READING, PA (FHA|USDA|VA) | 5 | $1,105,000 | $221,000 | $8,650 | 7.15% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 2 | $1,040,000 | $520,000 | $6,222 | 6.69% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $985,000 | $328,333 | $12,753 | 6.88% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $5,982 | 6.93% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 4 | $980,000 | $245,000 | $4,570 | 7.56% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $9,736 | 7.05% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $5,784 | 6.84% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $7,129 | 7.04% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $4,526 | 6.75% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 4 | $860,000 | $215,000 | $4,213 | 7.41% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $0 | 8.31% |
| WILMINGTON, NC (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $9,265 | 7.46% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $735,000 | $735,000 | $4,547 | 5.99% |
| Lake City, FL (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $5,801 | 7.06% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $2,150 | 6.88% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $720,000 | $180,000 | $0 | 7.40% |
| PITTSBURGH, PA (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $5,018 | 7.13% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $6,755 | 7.13% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $3,453 | 7.69% |
| Brookings, OR (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $5,091 | 7.49% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $0 | 6.54% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $7,009 | 7.06% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $4,791 | 7.19% |
| LYNCHBURG, VA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $9,526 | 7.59% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $0 | 6.08% |
| RICHMOND, VA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,851 | 7.14% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $5,257 | 6.99% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $4,076 | 6.75% |
| ROCHESTER, NY (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $6,655 | 7.00% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $5,035 | 7.25% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $7,195 | 7.38% |
| WACO, TX (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $0 | 6.89% |
| Marion, NC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $8,357 | 8.25% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,941 | 7.25% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $11,643 | 6.50% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $7,732 | 6.25% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $12,588 | 5.50% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,604 | 7.13% |
| Rutland, VT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,158 | 7.63% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 7.25% |
| KOKOMO, IN (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $2,206 | 6.00% |
| AKRON, OH (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $3,742 | 7.13% |
| MERCED, CA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 7.60% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 6.90% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $13,954 | 6.13% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 7.70% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 7.25% |
| NAPA, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 8.06% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,225 | 6.63% |
| GREELEY, CO (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,642 | 5.75% |
| Frankfort, IN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,464 | 7.13% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 7.33% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 7.64% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 7.86% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,425 | 6.63% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,485 | 6.99% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 6.72% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,626 | 7.25% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 7.06% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 7.21% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 7.88% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,799 | 6.99% |
| Hudson, NY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,466 | 6.99% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 7.79% |
| Paris, TN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,408 | 6.88% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 7.13% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 7.25% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 7.81% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 7.74% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 8.00% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,817 | 7.25% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 8.15% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 7.78% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 7.49% |
| BINGHAMTON, NY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,039 | 7.49% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.70% |
Similar Lenders
We use machine learning to identify the top lenders compared against Advisors Mortgage Group 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 2024, Advisors Mortgage Group's most frequently originated type of loan was Conventional, with 1,868 originations. Their 2nd most popular type was FHA, with 461 originations.
Loan Reason
For 2024, Advisors Mortgage Group's most frequently cited loan purpose was Home Purchase, with 2,088 originations. The 2nd most popular reason was Cash Out Refi, with 395 originations.
Loan Duration/Length
For 2024, Advisors Mortgage Group's most frequently cited loan duration was 30 Year, with 2,332 originations. The 2nd most popular length was Other, with 177 originations.
Origination Fees/Closing Costs
Advisors Mortgage Group's average total fees were $7,658, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,339 originations.
Interest Rates
During 2024, Advisors Mortgage Group's average interest rate for loans was 6.78%, while their most frequently originated rate bucket for loans was 6-7%, with 1,432 originations.
Loan Sizing
2024 saw Advisors Mortgage Group place emphasis on $200k-400k loans with 1,231 originations, totaling $367,665,000 in origination value.
Applicant Income
Advisors Mortgage Group lent most frequently to those with incomes in the $100k-150k range, with 649 originations. The second most popular income band? $150k-250k, with 584 originations.
Applicant Debt to Income Ratio
Advisors Mortgage Group lent most frequently to those with DTI ratios of 30-36%, with 364 originations. The next most common DTI ratio? 20-30%, with 269 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.81%
Advisors Mortgage Group has an average approval rate.
Pick Rate
Approvals leading to origination70.29%
Advisors Mortgage Group has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,561 | $903,225,000 | $352,684 |