Advisors Mortgage Group Rates, Fees & Info

Ocean, NJ

LEI: 254900F9ZTVTX763V835

Tax ID: 22-3626426

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Advisors Mortgage Group is a small 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 an average proportion of FHA loans. They have a low ratio of USDA 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: New York, Atlantic City, Philadelphia, Gainesville, and Ocean City among others. We have data for 164 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 6.44% 11/17/24
30 Year Conventional Refi 6.66% 11/17/24
30 Year Cash-out Refi 6.75% 11/17/24
30 Year FHA Purchase 7.37% 11/17/24
30 Year FHA Refi 7.27% 11/17/24
30 Year VA Purchase 6.41% 11/17/24
30 Year VA Refi 6.27% 11/17/24
30 Year USDA Purchase 6.70% 11/17/24
15 Year Conventional Purchase 5.95% 11/17/24
15 Year Conventional Refi 6.02% 11/17/24
15 Year Cash-out Refi 6.02% 11/17/24
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

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Advisors Mortgage Group. It uses our SimulatedRate™ technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.

The default purchase price is the median sales price across the US for 2022Q4, per FRED.


Originations

3,979

Origination Dollar Volume (All Markets)

$1,300,155,000
Show all (12) awards

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) 1,936 $719,420,000 $371,601 $6,917 4.71%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 395 $96,085,000 $243,253 $6,255 5.04%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 320 $92,860,000 $290,188 $7,100 4.99%
GAINESVILLE, FL (FHA|USDA|VA) 198 $53,900,000 $272,222 $5,068 4.78%
OCEAN CITY, NJ (FHA|USDA|VA) 118 $42,250,000 $358,051 $6,052 4.77%
Outside of Metro Areas 121 $37,645,000 $311,116 $5,400 4.80%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 100 $25,010,000 $250,100 $2,657 4.95%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 53 $23,265,000 $438,962 $19,005 4.31%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 61 $17,375,000 $284,836 $6,543 4.83%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 43 $13,885,000 $322,907 $9,744 4.98%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 33 $10,475,000 $317,424 $4,293 4.36%
Bennington, VT (FHA|USDA|VA) 29 $9,985,000 $344,310 $5,851 4.51%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 33 $9,705,000 $294,091 $6,835 4.96%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 27 $9,345,000 $346,111 $6,341 4.78%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 12 $5,490,000 $457,500 $18,139 4.51%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 34 $5,440,000 $160,000 $5,235 4.51%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 19 $5,235,000 $275,526 $5,876 4.65%
PORT ST. LUCIE, FL (FHA|USDA|VA) 13 $4,905,000 $377,308 $10,669 4.81%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 16 $4,380,000 $273,750 $6,372 5.41%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 11 $4,215,000 $383,182 $0 4.17%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 12 $3,940,000 $328,333 $6,782 5.36%
Lebanon, NH-VT (FHA|USDA|VA) 9 $3,585,000 $398,333 $6,439 4.94%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 17 $3,575,000 $210,294 $6,354 5.20%
JACKSONVILLE, FL (FHA|USDA|VA) 10 $3,470,000 $347,000 $7,115 5.52%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 14 $3,140,000 $224,286 $5,825 4.82%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 14 $3,120,000 $222,857 $9,529 5.19%
OCALA, FL (FHA|USDA|VA) 11 $3,025,000 $275,000 $5,916 5.56%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 7 $2,975,000 $425,000 $0 3.38%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 9 $2,725,000 $302,778 $6,951 5.19%
Lake City, FL (FHA|USDA|VA) 8 $2,540,000 $317,500 $5,451 4.83%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 7 $2,425,000 $346,429 $4,806 4.81%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 8 $2,090,000 $261,250 $0 3.76%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 10 $2,050,000 $205,000 $0 3.97%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 8 $1,970,000 $246,250 $5,994 4.02%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $1,970,000 $492,500 $8,221 4.31%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 7 $1,965,000 $280,714 $12,742 5.00%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 6 $1,940,000 $323,333 $5,118 3.91%
RALEIGH-CARY, NC (FHA|USDA|VA) 8 $1,930,000 $241,250 $5,306 4.22%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 7 $1,915,000 $273,571 $5,870 4.36%
READING, PA (FHA|USDA|VA) 7 $1,845,000 $263,571 $5,027 5.64%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 5 $1,785,000 $357,000 $0 4.77%
Rutland, VT (FHA|USDA|VA) 5 $1,625,000 $325,000 $6,373 4.65%
EAST STROUDSBURG, PA (FHA|USDA|VA) 7 $1,505,000 $215,000 $4,730 4.32%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 10 $1,460,000 $146,000 $0 4.34%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $1,410,000 $235,000 $5,573 4.93%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $1,400,000 $350,000 $11,491 5.65%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 3 $1,375,000 $458,333 $0 3.53%
NAPA, CA (FHA|USDA|VA) 3 $1,335,000 $445,000 $0 3.68%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 6 $1,320,000 $220,000 $4,729 5.01%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 4 $1,260,000 $315,000 $0 4.32%
SAVANNAH, GA (FHA|USDA|VA) 4 $1,200,000 $300,000 $4,749 5.06%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $1,115,000 $371,667 $5,138 5.75%
COLORADO SPRINGS, CO (FHA|USDA|VA) 5 $1,065,000 $213,000 $0 3.48%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $1,055,000 $351,667 $7,416 5.67%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 4 $1,000,000 $250,000 $4,855 5.09%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $995,000 $331,667 $4,707 5.00%
KINGSTON, NY (FHA|USDA|VA) 3 $965,000 $321,667 $6,905 6.13%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 2 $910,000 $455,000 $0 4.04%
BEND, OR (FHA|USDA|VA) 3 $895,000 $298,333 $0 5.13%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 5 $875,000 $175,000 $4,764 5.30%
SALISBURY, MD-DE (FHA|USDA|VA) 3 $875,000 $291,667 $4,610 3.42%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 3 $795,000 $265,000 $6,403 5.25%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $760,000 $380,000 $5,541 5.50%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $700,000 $350,000 $10,818 3.33%
WORCESTER, MA-CT (FHA|USDA|VA) 2 $680,000 $340,000 $4,288 4.50%
MODESTO, CA (FHA|USDA|VA) 2 $680,000 $340,000 $0 2.99%
JACKSONVILLE, NC (FHA|USDA|VA) 3 $665,000 $221,667 $7,539 4.58%
Kill Devil Hills, NC (FHA|USDA|VA) 2 $650,000 $325,000 $3,458 4.81%
FRESNO, CA (FHA|USDA|VA) 3 $635,000 $211,667 $0 5.19%
GLENS FALLS, NY (FHA|USDA|VA) 1 $625,000 $625,000 $7,699 3.13%
VALLEJO, CA (FHA|USDA|VA) 2 $610,000 $305,000 $0 4.47%
Easton, MD (FHA|USDA|VA) 1 $605,000 $605,000 $5,289 4.38%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $590,000 $295,000 $6,061 5.54%
REDDING, CA (FHA|USDA|VA) 3 $585,000 $195,000 $0 3.17%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $570,000 $285,000 $5,321 4.93%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $535,000 $535,000 $0 3.43%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 1 $515,000 $515,000 $4,593 3.00%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $500,000 $250,000 $5,124 5.43%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $495,000 $495,000 $0 3.67%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $490,000 $245,000 $7,969 5.75%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $490,000 $245,000 $19,317 4.41%
WILMINGTON, NC (FHA|USDA|VA) 2 $450,000 $225,000 $7,234 6.60%
RICHMOND, VA (FHA|USDA|VA) 2 $450,000 $225,000 $13,097 5.11%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $445,000 $445,000 $4,020 5.50%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $435,000 $435,000 $3,804 5.25%
TUCSON, AZ (FHA|USDA|VA) 2 $430,000 $215,000 $0 3.42%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $410,000 $205,000 $0 3.72%
KOKOMO, IN (FHA|USDA|VA) 2 $410,000 $205,000 $4,236 6.88%
FORT COLLINS, CO (FHA|USDA|VA) 2 $410,000 $205,000 $0 4.99%
MEDFORD, OR (FHA|USDA|VA) 1 $405,000 $405,000 $7,985 5.50%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $395,000 $395,000 $11,691 5.63%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $385,000 $385,000 $4,151 3.25%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $375,000 $375,000 $0 6.10%
CHICO, CA (FHA|USDA|VA) 1 $375,000 $375,000 $0 4.07%
Oneonta, NY (FHA|USDA|VA) 2 $370,000 $185,000 $4,505 5.50%
Keene, NH (FHA|USDA|VA) 2 $370,000 $185,000 $4,283 3.56%
ROCHESTER, NY (FHA|USDA|VA) 2 $360,000 $180,000 $7,909 5.00%
Washington, NC (FHA|USDA|VA) 1 $355,000 $355,000 $7,207 6.13%
BOULDER, CO (FHA|USDA|VA) 1 $355,000 $355,000 $0 3.59%
KNOXVILLE, TN (FHA|USDA|VA) 1 $345,000 $345,000 $4,208 7.13%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 2 $340,000 $170,000 $0 4.75%
BELLINGHAM, WA (FHA|USDA|VA) 1 $335,000 $335,000 $0 3.67%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $335,000 $335,000 $1,941 6.63%
ITHACA, NY (FHA|USDA|VA) 1 $325,000 $325,000 $10,533 4.00%
SALINAS, CA (FHA|USDA|VA) 1 $315,000 $315,000 $0 3.54%
PITTSBURGH, PA (FHA|USDA|VA) 1 $305,000 $305,000 $7,405 3.99%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $305,000 $305,000 $10,974 3.50%
Palatka, FL (FHA|USDA|VA) 2 $300,000 $150,000 $5,533 4.63%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $285,000 $285,000 $12,365 4.75%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $285,000 $285,000 $0 2.81%
Centralia, WA (FHA|USDA|VA) 1 $275,000 $275,000 $0 5.46%
MADERA, CA (FHA|USDA|VA) 1 $275,000 $275,000 $0 5.55%
Prineville, OR (FHA|USDA|VA) 1 $275,000 $275,000 $0 4.32%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $265,000 $265,000 $0 3.40%
Augusta-Waterville, ME (FHA|USDA|VA) 1 $265,000 $265,000 $3,553 3.75%
Barre, VT (FHA|USDA|VA) 1 $245,000 $245,000 $8,680 3.75%
Corning, NY (FHA|USDA|VA) 1 $245,000 $245,000 $7,944 4.00%
ASHEVILLE, NC (FHA|USDA|VA) 1 $245,000 $245,000 $4,136 3.75%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $235,000 $235,000 $0 4.86%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $235,000 $235,000 $9,237 5.63%
SALEM, OR (FHA|USDA|VA) 1 $225,000 $225,000 $0 3.08%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $225,000 $225,000 $0 5.60%
MERCED, CA (FHA|USDA|VA) 1 $225,000 $225,000 $0 3.93%
WENATCHEE, WA (FHA|USDA|VA) 1 $215,000 $215,000 $0 3.00%
COLUMBUS, OH (FHA|USDA|VA) 1 $215,000 $215,000 $2,988 6.63%
Elizabeth City, NC (FHA|USDA|VA) 1 $215,000 $215,000 $0 7.63%
Shelton, WA (FHA|USDA|VA) 1 $215,000 $215,000 $0 7.72%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $215,000 $215,000 $0 2.18%
YAKIMA, WA (FHA|USDA|VA) 1 $205,000 $205,000 $0 3.69%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $205,000 $205,000 $3,077 2.63%
Frankfort, IN (FHA|USDA|VA) 1 $195,000 $195,000 $1,962 5.25%
COLUMBUS, IN (FHA|USDA|VA) 1 $175,000 $175,000 $2,051 5.50%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $175,000 $175,000 $0 3.74%
North Vernon, IN (FHA|USDA|VA) 1 $175,000 $175,000 $5,764 7.25%
Bedford, IN (FHA|USDA|VA) 1 $175,000 $175,000 $1,635 3.63%
Astoria, OR (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.76%
Jefferson, GA (FHA|USDA|VA) 1 $155,000 $155,000 $0 4.67%
Brownwood, TX (FHA|USDA|VA) 1 $145,000 $145,000 $0 3.25%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $145,000 $145,000 $0 3.76%
Granbury, TX (FHA|USDA|VA) 1 $145,000 $145,000 $0 4.86%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $145,000 $145,000 $5,549 4.62%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $145,000 $145,000 $8,009 6.62%
ODESSA, TX (FHA|USDA|VA) 1 $135,000 $135,000 $0 3.53%
VISALIA, CA (FHA|USDA|VA) 1 $135,000 $135,000 $0 2.22%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $135,000 $135,000 $2,820 3.63%
Gainesville, TX (FHA|USDA|VA) 1 $125,000 $125,000 $0 3.13%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $125,000 $125,000 $3,728 4.38%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $125,000 $125,000 $3,457 5.25%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $115,000 $115,000 $3,515 5.13%
VICTORIA, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.21%
Othello, WA (FHA|USDA|VA) 1 $115,000 $115,000 $0 6.96%
PUEBLO, CO (FHA|USDA|VA) 1 $115,000 $115,000 $0 2.89%
AMARILLO, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 7.26%
EL PASO, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 2.70%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $105,000 $105,000 $4,743 5.50%
GREENVILLE, NC (FHA|USDA|VA) 1 $95,000 $95,000 $0 7.41%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $85,000 $85,000 $2,918 3.25%
Pottsville, PA (FHA|USDA|VA) 1 $85,000 $85,000 $3,638 5.12%
SPARTANBURG, SC (FHA|USDA|VA) 1 $75,000 $75,000 $2,668 2.63%
WACO, TX (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.96%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $65,000 $65,000 $2,282 4.50%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $55,000 $55,000 $0 7.26%
New Castle, IN (FHA|USDA|VA) 1 $55,000 $55,000 $2,502 5.25%
TERRE HAUTE, IN (FHA|USDA|VA) 1 $35,000 $35,000 $2,614 4.13%
Advisors Mortgage Group's top markets include New York, Atlantic City, Philadelphia, Gainesville, and Ocean City among others.

Their top states include:
  • New Jersey (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Vermont (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,008 $999,720,000 $332,354 $5,526 4.80%
    FHA 519 $167,375,000 $322,495 $11,742 4.93%
    FHA 359 $97,615,000 $271,908 $0 4.36%
    VA 77 $32,075,000 $416,558 $10,555 4.83%
    USDA 15 $3,145,000 $209,667 $6,070 4.89%
    FHA 1 $225,000 $225,000 $0 3.93%

    For 2022, Advisors Mortgage Group's most frequently originated type of loan was Conventional, with 3,008 originations. Their 2nd most popular type was FHA, with 519 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,957 $994,995,000 $336,488 $6,684 4.91%
    Cash Out Refi 857 $253,005,000 $295,222 $5,536 4.49%
    Refi 165 $52,155,000 $316,091 $6,752 3.93%

    For 2022, Advisors Mortgage Group's most frequently cited loan purpose was Home Purchase, with 2,957 originations. The 2nd most popular reason was Cash Out Refi, with 857 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,415 $1,148,865,000 $336,417 $6,657 4.88%
    Other 375 $100,955,000 $269,213 $4,249 4.37%
    15 Year 139 $37,895,000 $272,626 $4,379 3.71%
    20 Year 42 $11,180,000 $266,190 $4,724 3.74%
    10 Year 6 $1,120,000 $186,667 $4,574 3.52%
    5 Year 2 $140,000 $70,000 $814 5.47%

    For 2022, Advisors Mortgage Group's most frequently cited loan duration was 30 Year, with 3,415 originations. The 2nd most popular length was Other, with 375 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,595 $493,305,000 $309,282
    $<1k 777 $254,355,000 $327,355
    $2k-3k 416 $143,060,000 $343,894
    $5k+ 391 $170,495,000 $436,049
    $3k-4k 243 $72,505,000 $298,374
    $4k-5k 187 $62,755,000 $335,588

    Advisors Mortgage Group's average total fees were $6,657, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,595 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 1,208 $391,310,000 $323,932
    3-4% 1,008 $333,980,000 $331,329
    4-5% 914 $301,490,000 $329,858
    6-7% 427 $126,885,000 $297,155
    2.5-3% 233 $89,915,000 $385,901
    7-8% 125 $35,005,000 $280,040
    <2.5% 57 $19,295,000 $338,509
    Over 8% 7 $2,275,000 $325,000

    During 2022, Advisors Mortgage Group's average interest rate for loans was 4.88%, while their most frequently originated rate bucket for loans was 5-6%, with 1,208 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,057 $605,235,000 $294,232 $6,365 4.84%
    $400k-600k 800 $380,250,000 $475,313 $7,854 4.60%
    $100k-200k 760 $118,110,000 $155,408 $4,466 4.85%
    $600k-1MM 228 $160,370,000 $703,377 $10,134 4.58%
    $100,000 or less 112 $8,780,000 $78,393 $3,490 4.97%
    $1MM+ 22 $27,410,000 $1,245,909 $13,763 4.52%

    2022 saw Advisors Mortgage Group place emphasis on $200k-400k loans with 2,057 originations, totaling $605,235,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 935 $320,735,000 $343,032 $6,611 4.83%
    $150k-250k 790 $326,000,000 $412,658 $6,960 4.74%
    $50k-75k 668 $150,450,000 $225,225 $5,927 4.74%
    $75k-100k 644 $186,480,000 $289,565 $6,681 4.89%
    $50k or less 535 $119,655,000 $223,654 $4,663 4.53%
    $250k+ 399 $192,245,000 $481,817 $7,157 4.90%

    Advisors Mortgage Group lent most frequently to those with incomes in the $100k-150k range, with 935 originations. The second most popular income band? $150k-250k, with 790 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 611 $208,135,000 $340,646 $5,838 4.71%
    20-30% 563 $184,395,000 $327,522 $5,583 4.64%
    50-60% 237 $81,825,000 $345,253 $11,809 4.95%
    49% 213 $66,895,000 $314,061 $6,708 5.03%
    44% 197 $63,255,000 $321,091 $6,396 4.93%
    43% 165 $56,645,000 $343,303 $6,986 5.05%
    40% 160 $54,030,000 $337,688 $6,192 4.83%
    42% 158 $58,520,000 $370,380 $6,579 4.81%
    <20% 156 $44,730,000 $286,731 $5,011 4.68%
    48% 138 $44,080,000 $319,420 $6,526 5.13%
    47% 133 $42,665,000 $320,789 $7,154 4.97%
    37% 133 $42,655,000 $320,714 $6,010 4.62%
    45% 133 $42,175,000 $317,105 $6,480 4.87%
    41% 132 $43,220,000 $327,424 $6,067 4.75%
    39% 125 $41,535,000 $332,280 $6,210 4.91%
    46% 123 $40,025,000 $325,407 $6,830 4.92%
    36% 116 $40,080,000 $345,517 $5,874 4.70%
    38% 114 $40,440,000 $354,737 $6,655 4.73%
    >60% 2 $810,000 $405,000 $5,933 5.13%

    Advisors Mortgage Group lent most frequently to those with DTI ratios of 30-36%, with 611 originations. The next most common DTI ratio? 20-30%, with 563 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,678 $868,870,000 $324,447 $6,383 4.77%
    Not provided 894 $299,110,000 $334,575 $6,411 4.79%
    Black 249 $76,565,000 $307,490 $9,037 4.81%
    Asian 105 $37,095,000 $353,286 $6,415 4.91%
    Asian Indian 29 $10,285,000 $354,655 $6,167 5.16%
    American Indian 12 $3,760,000 $313,333 $9,153 4.59%
    Filipino 4 $1,640,000 $410,000 $9,969 4.69%
    Other Asian 3 $1,205,000 $401,667 $7,659 4.96%
    Chinese 1 $445,000 $445,000 $7,300 3.88%
    Korean 1 $395,000 $395,000 $10,781 5.88%
    Japanese 1 $335,000 $335,000 $5,065 5.25%
    Vietnamese 1 $255,000 $255,000 $3,173 5.99%
    Native Hawaiian or Islander 1 $195,000 $195,000 $1,995 5.38%

    Approval Rates

    Total approvals of all applications
    91.36%

    Advisors Mortgage Group has an average approval rate.

    Pick Rate

    Approvals leading to origination
    71.98%

    Advisors Mortgage Group has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    5532.0 1 $335,000 $335,000
    NA 3,978 $1,299,820,000 $326,752

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,979 $1,300,155,000 $326,754

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 164 $32,280,000 $196,829 $3,916 4.92%
    40-60% 651 $179,205,000 $275,276 $4,954 4.45%
    60-80% 1,278 $428,810,000 $335,532 $5,933 4.79%
    80-100% 1,839 $644,935,000 $350,699 $7,301 4.87%
    Over 100% 29 $12,565,000 $433,276 $17,729 4.93%
    Under 20% 18 $2,360,000 $131,111 $2,801 4.58%