Chicago Mortgage Solutions Rates, Fees & Info

Rosemont, IL

LEI: 254900HQK1GFTN5BRG15

Tax ID: 36-4485107

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Mortgage Data

Review & Overview

Chicago Mortgage Solutions is a mid-sized mortgage company specializing in Refi loans. Chicago Mortgage Solutions has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, Denver, Washington, Dallas, and Atlanta among others. We have data for 378 markets. (Some data included below & more in-depth data is available with an active subscription.)

Chicago Mortgage Solutions 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. Chicago Mortgage Solutions is typically a low 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 6.15% 4/21/24
30 Year Conventional Refi 6.17% 4/21/24
15 Year Conventional Purchase 5.65% 4/21/24
15 Year Conventional Refi 5.59% 4/21/24
15 Year Cash-out Refi 5.59% 4/21/24
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.

Chicago Mortgage Solutions Mortgage Calculator






Your Estimates

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

This is not an official calculator from Chicago Mortgage Solutions. 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

13,854

Origination Dollar Volume (All Markets)

$4,070,870,000
Show all (126) 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
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2,398 $650,760,000 $271,376 $2,177 2.60%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1,675 $612,685,000 $365,782 $3,359 2.79%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 820 $343,330,000 $418,695 $3,788 2.70%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 601 $162,685,000 $270,691 $2,857 2.70%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 445 $130,475,000 $293,202 $2,089 2.61%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 512 $124,550,000 $243,262 $2,802 2.70%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 470 $122,420,000 $260,468 $1,549 2.64%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 392 $115,150,000 $293,750 $3,018 2.72%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 339 $97,105,000 $286,445 $3,068 2.72%
BOULDER, CO (FHA|USDA|VA) 207 $84,575,000 $408,575 $3,311 2.78%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 371 $83,775,000 $225,809 $1,708 2.69%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 279 $71,645,000 $256,792 $2,497 2.73%
SALT LAKE CITY, UT (FHA|USDA|VA) 174 $66,210,000 $380,517 $4,149 2.92%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 161 $54,355,000 $337,609 $3,112 2.77%
FORT COLLINS, CO (FHA|USDA|VA) 164 $53,720,000 $327,561 $2,573 2.84%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 216 $53,310,000 $246,806 $2,419 2.72%
GREELEY, CO (FHA|USDA|VA) 150 $49,720,000 $331,467 $3,190 2.88%
Outside of Metro Areas 190 $46,660,000 $245,579 $2,157 2.71%
COLORADO SPRINGS, CO (FHA|USDA|VA) 133 $41,865,000 $314,774 $2,237 2.77%
JACKSONVILLE, FL (FHA|USDA|VA) 161 $40,295,000 $250,280 $3,169 2.87%
PROVO-OREM, UT (FHA|USDA|VA) 109 $40,295,000 $369,679 $4,916 2.97%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 146 $37,450,000 $256,507 $1,220 2.61%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 136 $35,190,000 $258,750 $2,279 2.51%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 76 $31,000,000 $407,895 $2,738 2.64%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 89 $30,635,000 $344,213 $3,241 2.92%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 50 $28,750,000 $575,000 $4,128 2.77%
MADISON, WI (FHA|USDA|VA) 89 $28,045,000 $315,112 $2,180 2.76%
COLUMBUS, OH (FHA|USDA|VA) 123 $27,845,000 $226,382 $1,736 2.67%
RICHMOND, VA (FHA|USDA|VA) 91 $25,365,000 $278,736 $1,898 2.65%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 86 $24,490,000 $284,767 $2,566 2.51%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 85 $23,265,000 $273,706 $2,602 2.73%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 108 $22,940,000 $212,407 $2,796 2.72%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 35 $21,645,000 $618,429 $4,378 2.92%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 76 $19,740,000 $259,737 $2,744 2.72%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 80 $19,490,000 $243,625 $1,535 2.69%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 33 $19,085,000 $578,333 $3,130 2.83%
Breckenridge, CO (FHA|USDA|VA) 43 $19,035,000 $442,674 $3,519 2.82%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 81 $18,735,000 $231,296 $1,654 2.48%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 63 $15,835,000 $251,349 $1,818 2.75%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 67 $15,245,000 $227,537 $1,467 2.68%
Edwards, CO (FHA|USDA|VA) 32 $14,870,000 $464,688 $3,487 2.79%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 60 $14,810,000 $246,833 $1,808 2.58%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 67 $13,855,000 $206,791 $1,692 2.61%
Heber, UT (FHA|USDA|VA) 32 $13,680,000 $427,500 $4,512 2.88%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 58 $13,160,000 $226,897 $2,191 2.77%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 45 $11,935,000 $265,222 $2,413 2.60%
ST. GEORGE, UT (FHA|USDA|VA) 36 $11,630,000 $323,056 $3,849 3.02%
Steamboat Springs, CO (FHA|USDA|VA) 28 $11,290,000 $403,214 $3,259 2.59%
PORT ST. LUCIE, FL (FHA|USDA|VA) 49 $11,265,000 $229,898 $2,424 2.80%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 39 $11,075,000 $283,974 $1,521 2.48%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 24 $10,900,000 $454,167 $2,941 2.58%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 26 $10,560,000 $406,154 $3,967 3.00%
SALISBURY, MD-DE (FHA|USDA|VA) 33 $9,935,000 $301,061 $2,050 2.61%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 45 $9,845,000 $218,778 $2,173 2.75%
ANN ARBOR, MI (FHA|USDA|VA) 45 $9,845,000 $218,778 $1,370 2.62%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 26 $8,750,000 $336,538 $2,872 2.84%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 29 $8,135,000 $280,517 $1,441 2.40%
ALBUQUERQUE, NM (FHA|USDA|VA) 39 $8,125,000 $208,333 $2,216 2.72%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 20 $8,090,000 $404,500 $2,620 2.76%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 30 $8,080,000 $269,333 $2,097 2.52%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 28 $7,350,000 $262,500 $1,256 2.44%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 27 $7,285,000 $269,815 $1,623 2.70%
KANSAS CITY, MO-KS (FHA|USDA|VA) 32 $7,130,000 $222,813 $1,000 2.51%
AKRON, OH (FHA|USDA|VA) 29 $6,905,000 $238,103 $1,818 2.58%
BATON ROUGE, LA (FHA|USDA|VA) 33 $6,625,000 $200,758 $1,891 2.72%
TALLAHASSEE, FL (FHA|USDA|VA) 26 $6,510,000 $250,385 $3,891 2.80%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 18 $5,470,000 $303,889 $2,489 2.76%
OCALA, FL (FHA|USDA|VA) 24 $4,940,000 $205,833 $2,076 2.68%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 21 $4,885,000 $232,619 $2,092 2.75%
SAVANNAH, GA (FHA|USDA|VA) 16 $4,570,000 $285,625 $1,875 2.68%
GAINESVILLE, FL (FHA|USDA|VA) 22 $4,570,000 $207,727 $2,551 2.68%
BEND, OR (FHA|USDA|VA) 12 $4,330,000 $360,833 $2,194 2.83%
DAYTON-KETTERING, OH (FHA|USDA|VA) 22 $4,280,000 $194,545 $1,685 2.57%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 25 $4,255,000 $170,200 $1,490 2.76%
PUNTA GORDA, FL (FHA|USDA|VA) 23 $4,125,000 $179,348 $1,908 2.76%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 21 $4,085,000 $194,524 $1,414 2.57%
Glenwood Springs, CO (FHA|USDA|VA) 12 $4,070,000 $339,167 $2,188 2.76%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 18 $4,060,000 $225,556 $2,088 2.90%
ST. LOUIS, MO-IL (FHA|USDA|VA) 18 $4,020,000 $223,333 $868 2.65%
GRAND JUNCTION, CO (FHA|USDA|VA) 16 $3,920,000 $245,000 $1,804 2.75%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 21 $3,845,000 $183,095 $1,602 2.82%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 17 $3,765,000 $221,471 $1,480 2.66%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 16 $3,750,000 $234,375 $3,074 3.16%
DOVER, DE (FHA|USDA|VA) 17 $3,435,000 $202,059 $1,984 2.88%
PITTSBURGH, PA (FHA|USDA|VA) 20 $3,410,000 $170,500 $2,427 2.44%
ST. CLOUD, MN (FHA|USDA|VA) 14 $3,360,000 $240,000 $1,412 2.48%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 12 $3,280,000 $273,333 $2,301 2.83%
SALEM, OR (FHA|USDA|VA) 12 $3,200,000 $266,667 $2,518 2.88%
JACKSON, MS (FHA|USDA|VA) 16 $2,990,000 $186,875 $1,380 2.66%
ROCHESTER, MN (FHA|USDA|VA) 11 $2,935,000 $266,818 $1,362 2.51%
MEDFORD, OR (FHA|USDA|VA) 11 $2,875,000 $261,364 $2,202 2.70%
GREEN BAY, WI (FHA|USDA|VA) 14 $2,690,000 $192,143 $1,065 2.55%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 11 $2,545,000 $231,364 $1,827 2.57%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 10 $2,530,000 $253,000 $2,483 2.77%
WICHITA, KS (FHA|USDA|VA) 12 $2,510,000 $209,167 $1,359 2.64%
CORVALLIS, OR (FHA|USDA|VA) 9 $2,495,000 $277,222 $2,359 2.66%
THE VILLAGES, FL (FHA|USDA|VA) 9 $2,335,000 $259,444 $2,015 2.70%
RACINE, WI (FHA|USDA|VA) 9 $2,315,000 $257,222 $1,414 2.56%
APPLETON, WI (FHA|USDA|VA) 12 $2,280,000 $190,000 $1,110 2.81%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 10 $2,250,000 $225,000 $1,589 2.57%
ROANOKE, VA (FHA|USDA|VA) 12 $2,230,000 $185,833 $1,369 2.76%
PANAMA CITY, FL (FHA|USDA|VA) 9 $2,225,000 $247,222 $2,444 2.85%
DULUTH, MN-WI (FHA|USDA|VA) 11 $2,175,000 $197,727 $1,368 2.75%
Traverse City, MI (FHA|USDA|VA) 10 $2,170,000 $217,000 $1,494 2.78%
GAINESVILLE, GA (FHA|USDA|VA) 9 $2,135,000 $237,222 $1,657 2.45%
YORK-HANOVER, PA (FHA|USDA|VA) 9 $2,105,000 $233,889 $2,499 2.42%
Key West, FL (FHA|USDA|VA) 7 $2,095,000 $299,286 $3,405 2.80%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 7 $2,075,000 $296,429 $1,462 2.54%
FLINT, MI (FHA|USDA|VA) 13 $2,045,000 $157,308 $1,779 2.85%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 9 $2,035,000 $226,111 $1,184 2.90%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 7 $2,015,000 $287,857 $1,830 2.38%
EL PASO, TX (FHA|USDA|VA) 12 $2,010,000 $167,500 $2,063 2.62%
CORPUS CHRISTI, TX (FHA|USDA|VA) 10 $2,010,000 $201,000 $2,093 2.70%
SHEBOYGAN, WI (FHA|USDA|VA) 9 $1,955,000 $217,222 $1,170 2.73%
KNOXVILLE, TN (FHA|USDA|VA) 6 $1,930,000 $321,667 $2,188 2.53%
Durango, CO (FHA|USDA|VA) 7 $1,905,000 $272,143 $1,590 2.62%
LYNCHBURG, VA (FHA|USDA|VA) 10 $1,890,000 $189,000 $1,334 2.59%
WACO, TX (FHA|USDA|VA) 7 $1,885,000 $269,286 $2,977 2.51%
NILES, MI (FHA|USDA|VA) 11 $1,835,000 $166,818 $1,370 2.62%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 8 $1,830,000 $228,750 $2,709 2.92%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 9 $1,775,000 $197,222 $1,710 2.78%
BLOOMINGTON, IL (FHA|USDA|VA) 10 $1,730,000 $173,000 $864 2.66%
STOCKTON, CA (FHA|USDA|VA) 4 $1,730,000 $432,500 $1,988 2.78%
PEORIA, IL (FHA|USDA|VA) 9 $1,725,000 $191,667 $906 2.60%
Holland, MI (FHA|USDA|VA) 7 $1,715,000 $245,000 $1,342 2.55%
Torrington, CT (FHA|USDA|VA) 6 $1,700,000 $283,333 $1,369 2.62%
MORGANTOWN, WV (FHA|USDA|VA) 9 $1,625,000 $180,556 $1,698 3.04%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 9 $1,605,000 $178,333 $1,575 2.73%
Brainerd, MN (FHA|USDA|VA) 5 $1,605,000 $321,000 $3,282 2.37%
Jefferson, GA (FHA|USDA|VA) 6 $1,600,000 $266,667 $1,830 2.74%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 7 $1,535,000 $219,286 $2,505 2.55%
TOLEDO, OH (FHA|USDA|VA) 7 $1,515,000 $216,429 $1,741 2.81%
WINCHESTER, VA-WV (FHA|USDA|VA) 7 $1,515,000 $216,429 $1,336 2.56%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 9 $1,475,000 $163,889 $2,159 2.67%
WORCESTER, MA-CT (FHA|USDA|VA) 7 $1,455,000 $207,857 $1,578 2.60%
Concord, NH (FHA|USDA|VA) 6 $1,430,000 $238,333 $1,340 2.55%
CANTON-MASSILLON, OH (FHA|USDA|VA) 7 $1,415,000 $202,143 $1,625 2.79%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 9 $1,385,000 $153,889 $1,692 3.05%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 9 $1,365,000 $151,667 $2,092 2.34%
Fergus Falls, MN (FHA|USDA|VA) 5 $1,365,000 $273,000 $1,646 2.47%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 7 $1,365,000 $195,000 $1,723 2.49%
ROCKFORD, IL (FHA|USDA|VA) 10 $1,360,000 $136,000 $1,161 2.86%
AMARILLO, TX (FHA|USDA|VA) 8 $1,350,000 $168,750 $2,571 2.64%
Athens, TX (FHA|USDA|VA) 3 $1,335,000 $445,000 $3,026 2.50%
ALBANY-LEBANON, OR (FHA|USDA|VA) 6 $1,310,000 $218,333 $4,082 2.89%
COLUMBUS, GA-AL (FHA|USDA|VA) 7 $1,285,000 $183,571 $1,358 2.62%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 6 $1,270,000 $211,667 $1,274 2.64%
LAWRENCE, KS (FHA|USDA|VA) 6 $1,260,000 $210,000 $1,171 2.70%
Sevierville, TN (FHA|USDA|VA) 4 $1,240,000 $310,000 $2,527 2.74%
SHERMAN-DENISON, TX (FHA|USDA|VA) 7 $1,195,000 $170,714 $2,974 2.76%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 6 $1,180,000 $196,667 $1,810 2.85%
LUBBOCK, TX (FHA|USDA|VA) 7 $1,145,000 $163,571 $2,156 2.53%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 6 $1,110,000 $185,000 $1,023 2.77%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 7 $1,105,000 $157,857 $2,120 2.98%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 7 $1,095,000 $156,429 $2,081 2.78%
SANTA FE, NM (FHA|USDA|VA) 4 $1,090,000 $272,500 $2,254 2.24%
Granbury, TX (FHA|USDA|VA) 5 $1,085,000 $217,000 $2,191 2.49%
LAFAYETTE, LA (FHA|USDA|VA) 7 $1,085,000 $155,000 $1,439 2.69%
MUSKEGON, MI (FHA|USDA|VA) 4 $1,060,000 $265,000 $1,648 2.56%
Astoria, OR (FHA|USDA|VA) 4 $1,050,000 $262,500 $2,413 2.40%
PUEBLO, CO (FHA|USDA|VA) 5 $1,045,000 $209,000 $1,810 2.79%
HARRISONBURG, VA (FHA|USDA|VA) 6 $1,040,000 $173,333 $1,513 2.66%
FRESNO, CA (FHA|USDA|VA) 4 $1,030,000 $257,500 $1,154 2.74%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 8 $1,030,000 $128,750 $2,352 2.99%
Cedar City, UT (FHA|USDA|VA) 3 $1,015,000 $338,333 $2,119 2.91%
LONGVIEW, TX (FHA|USDA|VA) 4 $980,000 $245,000 $2,220 2.31%
MIDLAND, TX (FHA|USDA|VA) 4 $950,000 $237,500 $1,655 2.62%
MONROE, MI (FHA|USDA|VA) 6 $940,000 $156,667 $1,228 2.50%
LOGAN, UT-ID (FHA|USDA|VA) 2 $930,000 $465,000 $2,215 3.25%
Whitewater, WI (FHA|USDA|VA) 4 $920,000 $230,000 $1,365 2.46%
Stevens Point, WI (FHA|USDA|VA) 3 $915,000 $305,000 $1,434 2.75%
Lebanon, NH-VT (FHA|USDA|VA) 3 $905,000 $301,667 $1,131 2.28%
Adrian, MI (FHA|USDA|VA) 7 $895,000 $127,857 $1,361 2.80%
SAN ANGELO, TX (FHA|USDA|VA) 5 $885,000 $177,000 $2,277 2.57%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $880,000 $440,000 $4,942 2.75%
Fort Morgan, CO (FHA|USDA|VA) 4 $870,000 $217,500 $1,689 2.69%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $870,000 $435,000 $928 2.80%
LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 3 $855,000 $285,000 $1,298 2.41%
VALLEJO, CA (FHA|USDA|VA) 2 $830,000 $415,000 $1,557 2.55%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 5 $825,000 $165,000 $2,012 2.47%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 5 $825,000 $165,000 $1,556 2.72%
LANCASTER, PA (FHA|USDA|VA) 3 $825,000 $275,000 $2,503 2.32%
ABILENE, TX (FHA|USDA|VA) 3 $825,000 $275,000 $3,099 2.54%
Newport, OR (FHA|USDA|VA) 3 $815,000 $271,667 $2,870 2.66%
READING, PA (FHA|USDA|VA) 5 $815,000 $163,000 $2,052 2.37%
LAS CRUCES, NM (FHA|USDA|VA) 4 $810,000 $202,500 $2,026 2.59%
JACKSON, MI (FHA|USDA|VA) 5 $805,000 $161,000 $1,434 2.57%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 3 $785,000 $261,667 $1,361 2.32%
Natchitoches, LA (FHA|USDA|VA) 3 $775,000 $258,333 $1,719 2.71%
TYLER, TX (FHA|USDA|VA) 3 $755,000 $251,667 $2,107 2.82%
Cambridge, MD (FHA|USDA|VA) 3 $735,000 $245,000 $1,489 2.37%
MONROE, LA (FHA|USDA|VA) 3 $735,000 $245,000 $1,697 2.50%
Easton, MD (FHA|USDA|VA) 2 $730,000 $365,000 $2,276 2.43%
Findlay, OH (FHA|USDA|VA) 5 $725,000 $145,000 $2,020 3.72%
Clarksburg, WV (FHA|USDA|VA) 4 $720,000 $180,000 $1,411 2.71%
WICHITA FALLS, TX (FHA|USDA|VA) 3 $715,000 $238,333 $2,464 2.41%
WARNER ROBINS, GA (FHA|USDA|VA) 4 $700,000 $175,000 $1,349 2.49%
Faribault-Northfield, MN (FHA|USDA|VA) 3 $695,000 $231,667 $1,047 2.50%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 2 $690,000 $345,000 $2,330 2.30%
Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $690,000 $345,000 $1,807 2.93%
CHARLESTON, WV (FHA|USDA|VA) 5 $675,000 $135,000 $1,811 3.07%
LAKE CHARLES, LA (FHA|USDA|VA) 3 $665,000 $221,667 $2,509 3.00%
Jacksonville, TX (FHA|USDA|VA) 2 $630,000 $315,000 $3,341 2.68%
HINESVILLE, GA (FHA|USDA|VA) 3 $615,000 $205,000 $1,819 3.16%
Lufkin, TX (FHA|USDA|VA) 2 $600,000 $300,000 $3,797 3.05%
CaƱon City, CO (FHA|USDA|VA) 2 $590,000 $295,000 $2,106 2.94%
STAUNTON, VA (FHA|USDA|VA) 3 $585,000 $195,000 $1,044 2.66%
Hutchinson, MN (FHA|USDA|VA) 2 $580,000 $290,000 $1,166 2.62%
KANKAKEE, IL (FHA|USDA|VA) 3 $575,000 $191,667 $1,069 2.74%
Tupelo, MS (FHA|USDA|VA) 3 $565,000 $188,333 $1,371 2.74%
DALTON, GA (FHA|USDA|VA) 3 $565,000 $188,333 $1,608 2.53%
TOPEKA, KS (FHA|USDA|VA) 3 $565,000 $188,333 $1,138 2.24%
Stephenville, TX (FHA|USDA|VA) 2 $560,000 $280,000 $3,029 2.62%
MANKATO, MN (FHA|USDA|VA) 2 $560,000 $280,000 $1,145 2.56%
Prineville, OR (FHA|USDA|VA) 1 $545,000 $545,000 $4,474 2.75%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $540,000 $270,000 $1,629 2.56%
BECKLEY, WV (FHA|USDA|VA) 3 $535,000 $178,333 $1,428 2.62%
MANHATTAN, KS (FHA|USDA|VA) 3 $505,000 $168,333 $805 2.41%
Keene, NH (FHA|USDA|VA) 2 $480,000 $240,000 $1,345 2.37%
Sandusky, OH (FHA|USDA|VA) 3 $475,000 $158,333 $1,892 3.20%
Uvalde, TX (FHA|USDA|VA) 2 $470,000 $235,000 $3,304 2.87%
GRANTS PASS, OR (FHA|USDA|VA) 2 $470,000 $235,000 $1,296 3.06%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $465,000 $465,000 $940 2.74%
MODESTO, CA (FHA|USDA|VA) 1 $465,000 $465,000 $5,441 3.13%
Picayune, MS (FHA|USDA|VA) 2 $460,000 $230,000 $1,401 2.80%
Rockport, TX (FHA|USDA|VA) 2 $460,000 $230,000 $7,196 3.55%
JOHNSON CITY, TN (FHA|USDA|VA) 3 $445,000 $148,333 $1,005 2.53%
Martinsville, VA (FHA|USDA|VA) 1 $445,000 $445,000 $1,539 1.99%
Fredericksburg, TX (FHA|USDA|VA) 1 $445,000 $445,000 $4,769 2.99%
Jennings, LA (FHA|USDA|VA) 2 $440,000 $220,000 $2,574 2.75%
REDDING, CA (FHA|USDA|VA) 1 $425,000 $425,000 $915 2.74%
SPRINGFIELD, IL (FHA|USDA|VA) 3 $425,000 $141,667 $1,031 3.03%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $425,000 $141,667 $927 2.95%
MIDLAND, MI (FHA|USDA|VA) 2 $420,000 $210,000 $1,156 2.87%
EAST STROUDSBURG, PA (FHA|USDA|VA) 2 $420,000 $210,000 $2,544 2.62%
Wooster, OH (FHA|USDA|VA) 3 $415,000 $138,333 $1,348 2.70%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $415,000 $415,000 $10,465 2.75%
Morgan City, LA (FHA|USDA|VA) 2 $410,000 $205,000 $1,240 2.50%
WAUSAU-WESTON, WI (FHA|USDA|VA) 3 $405,000 $135,000 $1,090 2.83%
ALBANY, GA (FHA|USDA|VA) 3 $405,000 $135,000 $1,171 2.41%
BRUNSWICK, GA (FHA|USDA|VA) 1 $405,000 $405,000 $2,919 1.99%
ERIE, PA (FHA|USDA|VA) 1 $405,000 $405,000 $3,160 1.99%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $400,000 $200,000 $1,624 2.87%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $400,000 $200,000 $1,128 2.62%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 2 $400,000 $200,000 $2,864 2.31%
CEDAR RAPIDS, IA (FHA|USDA|VA) 3 $395,000 $131,667 $1,694 2.29%
Brookings, OR (FHA|USDA|VA) 1 $395,000 $395,000 $1,687 2.63%
HAMMOND, LA (FHA|USDA|VA) 3 $395,000 $131,667 $1,850 2.87%
LAREDO, TX (FHA|USDA|VA) 2 $390,000 $195,000 $2,938 2.94%
VALDOSTA, GA (FHA|USDA|VA) 2 $370,000 $185,000 $1,746 2.93%
Coos Bay, OR (FHA|USDA|VA) 1 $365,000 $365,000 $1,686 1.99%
Alpena, MI (FHA|USDA|VA) 1 $365,000 $365,000 $1,571 2.74%
Vidalia, GA (FHA|USDA|VA) 2 $360,000 $180,000 $1,559 2.87%
Roseburg, OR (FHA|USDA|VA) 2 $360,000 $180,000 $1,190 2.81%
Menomonie, WI (FHA|USDA|VA) 2 $360,000 $180,000 $1,735 3.31%
Morehead City, NC (FHA|USDA|VA) 1 $355,000 $355,000 $4,790 3.13%
BAY CITY, MI (FHA|USDA|VA) 2 $350,000 $175,000 $1,380 2.80%
WHEELING, WV-OH (FHA|USDA|VA) 1 $345,000 $345,000 $2,133 2.87%
Fairmont, WV (FHA|USDA|VA) 2 $340,000 $170,000 $1,461 2.93%
Fort Polk South, LA (FHA|USDA|VA) 2 $340,000 $170,000 $1,643 2.93%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 2 $340,000 $170,000 $2,586 2.62%
GETTYSBURG, PA (FHA|USDA|VA) 2 $340,000 $170,000 $2,163 2.62%
Carlsbad-Artesia, NM (FHA|USDA|VA) 2 $330,000 $165,000 $2,257 2.87%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $325,000 $325,000 $2,414 1.87%
JONESBORO, AR (FHA|USDA|VA) 1 $315,000 $315,000 $1,218 1.88%
Crossville, TN (FHA|USDA|VA) 2 $310,000 $155,000 $1,245 2.80%
VICTORIA, TX (FHA|USDA|VA) 1 $305,000 $305,000 $2,339 2.12%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $305,000 $305,000 $2,387 3.12%
Vernal, UT (FHA|USDA|VA) 1 $305,000 $305,000 $3,050 2.99%
Bemidji, MN (FHA|USDA|VA) 2 $300,000 $150,000 $1,448 2.62%
CARBONDALE-MARION, IL (FHA|USDA|VA) 2 $300,000 $150,000 $943 2.68%
Gaffney, SC (FHA|USDA|VA) 1 $295,000 $295,000 $2,268 2.87%
ROME, GA (FHA|USDA|VA) 1 $285,000 $285,000 $2,070 2.74%
Greenville, OH (FHA|USDA|VA) 1 $275,000 $275,000 $1,868 2.12%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 1 $275,000 $275,000 $1,778 2.87%
AMES, IA (FHA|USDA|VA) 2 $270,000 $135,000 $1,361 3.12%
Mineral Wells, TX (FHA|USDA|VA) 1 $265,000 $265,000 $5,936 2.88%
Martin, TN (FHA|USDA|VA) 1 $265,000 $265,000 $1,824 2.87%
EAU CLAIRE, WI (FHA|USDA|VA) 1 $265,000 $265,000 $1,790 3.00%
Ontario, OR-ID (FHA|USDA|VA) 1 $265,000 $265,000 $4,664 2.99%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 2 $260,000 $130,000 $1,469 2.55%
Celina, OH (FHA|USDA|VA) 2 $260,000 $130,000 $1,521 2.68%
Red Bluff, CA (FHA|USDA|VA) 1 $255,000 $255,000 $1,105 3.13%
Baraboo, WI (FHA|USDA|VA) 1 $255,000 $255,000 $6,124 2.63%
Thomaston, GA (FHA|USDA|VA) 1 $245,000 $245,000 $1,188 2.62%
Alice, TX (FHA|USDA|VA) 1 $245,000 $245,000 $1,774 1.99%
Bluefield, WV-VA (FHA|USDA|VA) 2 $240,000 $120,000 $1,719 2.87%
New Philadelphia-Dover, OH (FHA|USDA|VA) 1 $235,000 $235,000 $1,989 2.99%
Ruston, LA (FHA|USDA|VA) 1 $235,000 $235,000 $1,914 2.75%
LIMA, OH (FHA|USDA|VA) 1 $225,000 $225,000 $2,230 2.87%
Okeechobee, FL (FHA|USDA|VA) 1 $225,000 $225,000 $1,969 2.37%
Owatonna, MN (FHA|USDA|VA) 1 $225,000 $225,000 $1,030 2.63%
Columbus, MS (FHA|USDA|VA) 1 $215,000 $215,000 $1,104 2.74%
Ludington, MI (FHA|USDA|VA) 1 $215,000 $215,000 $1,993 2.37%
CUMBERLAND, MD-WV (FHA|USDA|VA) 2 $210,000 $105,000 $1,515 2.80%
Americus, GA (FHA|USDA|VA) 1 $205,000 $205,000 $2,040 2.99%
Huntsville, TX (FHA|USDA|VA) 1 $205,000 $205,000 $2,593 2.62%
Sturgis, MI (FHA|USDA|VA) 1 $205,000 $205,000 $1,125 2.25%
Ottawa, IL (FHA|USDA|VA) 1 $205,000 $205,000 $2,709 2.75%
RAPID CITY, SD (FHA|USDA|VA) 1 $205,000 $205,000 $2,049 2.49%
Levelland, TX (FHA|USDA|VA) 1 $205,000 $205,000 $1,557 1.99%
Brenham, TX (FHA|USDA|VA) 1 $205,000 $205,000 $3,368 3.37%
Paris, TX (FHA|USDA|VA) 1 $205,000 $205,000 $2,603 2.74%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 2 $200,000 $100,000 $1,131 2.74%
Austin, MN (FHA|USDA|VA) 1 $195,000 $195,000 $1,512 2.74%
Oxford, MS (FHA|USDA|VA) 1 $195,000 $195,000 $1,015 2.87%
Alexandria, MN (FHA|USDA|VA) 1 $195,000 $195,000 $1,501 2.13%
IOWA CITY, IA (FHA|USDA|VA) 1 $195,000 $195,000 $1,118 2.74%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $195,000 $195,000 $6,548 3.99%
Dodge City, KS (FHA|USDA|VA) 2 $190,000 $95,000 $1,292 2.74%
Marshalltown, IA (FHA|USDA|VA) 2 $190,000 $95,000 $1,004 2.74%
MORRISTOWN, TN (FHA|USDA|VA) 1 $185,000 $185,000 $1,081 2.24%
ODESSA, TX (FHA|USDA|VA) 1 $185,000 $185,000 $2,227 2.49%
Portsmouth, OH (FHA|USDA|VA) 1 $185,000 $185,000 $2,188 2.87%
Waycross, GA (FHA|USDA|VA) 1 $185,000 $185,000 $1,414 2.12%
Cedartown, GA (FHA|USDA|VA) 1 $185,000 $185,000 $1,193 2.74%
Starkville, MS (FHA|USDA|VA) 1 $185,000 $185,000 $980 2.37%
Roswell, NM (FHA|USDA|VA) 1 $175,000 $175,000 $1,834 2.74%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $175,000 $175,000 $1,949 2.74%
Rochelle, IL (FHA|USDA|VA) 1 $175,000 $175,000 $643 2.12%
Taylorville, IL (FHA|USDA|VA) 1 $175,000 $175,000 $763 2.87%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $175,000 $175,000 $870 2.12%
FOND DU LAC, WI (FHA|USDA|VA) 1 $175,000 $175,000 $935 2.99%
Cornelia, GA (FHA|USDA|VA) 1 $165,000 $165,000 $1,920 2.99%
Salem, OH (FHA|USDA|VA) 1 $165,000 $165,000 $2,109 2.24%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $165,000 $165,000 $1,488 2.87%
GRAND FORKS, ND-MN (FHA|USDA|VA) 1 $165,000 $165,000 $924 2.50%
Rio Grande City-Roma, TX (FHA|USDA|VA) 1 $165,000 $165,000 $2,444 2.25%
Danville, VA (FHA|USDA|VA) 1 $165,000 $165,000 $1,750 2.37%
McComb, MS (FHA|USDA|VA) 1 $165,000 $165,000 $1,716 3.00%
Natchez, MS-LA (FHA|USDA|VA) 1 $165,000 $165,000 $1,814 2.49%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $165,000 $165,000 $1,179 2.87%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $165,000 $165,000 $1,412 3.12%
Clovis, NM (FHA|USDA|VA) 1 $165,000 $165,000 $1,847 3.74%
DECATUR, IL (FHA|USDA|VA) 2 $160,000 $80,000 $1,006 2.62%
CLEVELAND, TN (FHA|USDA|VA) 1 $155,000 $155,000 $738 3.12%
Opelousas, LA (FHA|USDA|VA) 1 $155,000 $155,000 $1,398 2.12%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $155,000 $155,000 $1,812 2.37%
Montrose, CO (FHA|USDA|VA) 1 $155,000 $155,000 $830 2.37%
St. Marys, GA (FHA|USDA|VA) 1 $155,000 $155,000 $1,274 2.99%
Marquette, MI (FHA|USDA|VA) 1 $155,000 $155,000 $1,068 1.99%
MANSFIELD, OH (FHA|USDA|VA) 1 $155,000 $155,000 $1,511 2.87%
Laurel, MS (FHA|USDA|VA) 1 $155,000 $155,000 $1,120 2.12%
Jackson, OH (FHA|USDA|VA) 1 $155,000 $155,000 $1,557 2.24%
Greenville, MS (FHA|USDA|VA) 1 $155,000 $155,000 $921 2.88%
FARMINGTON, NM (FHA|USDA|VA) 1 $155,000 $155,000 $1,773 2.24%
Mount Vernon, OH (FHA|USDA|VA) 1 $145,000 $145,000 $1,386 2.87%
Houghton, MI (FHA|USDA|VA) 1 $145,000 $145,000 $1,072 2.99%
Red Wing, MN (FHA|USDA|VA) 1 $145,000 $145,000 $1,407 2.50%
LEBANON, PA (FHA|USDA|VA) 1 $135,000 $135,000 $2,349 2.49%
Lake City, FL (FHA|USDA|VA) 1 $135,000 $135,000 $1,429 2.24%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $135,000 $135,000 $2,529 2.74%
Charleston-Mattoon, IL (FHA|USDA|VA) 1 $135,000 $135,000 $768 2.87%
SAGINAW, MI (FHA|USDA|VA) 1 $135,000 $135,000 $1,099 2.87%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $135,000 $135,000 $1,037 2.99%
Garden City, KS (FHA|USDA|VA) 1 $125,000 $125,000 $1,451 2.62%
Eagle Pass, TX (FHA|USDA|VA) 1 $125,000 $125,000 $1,644 2.87%
Point Pleasant, WV-OH (FHA|USDA|VA) 1 $125,000 $125,000 $1,384 2.87%
Lincoln, IL (FHA|USDA|VA) 1 $125,000 $125,000 $1,113 2.63%
Norwalk, OH (FHA|USDA|VA) 1 $115,000 $115,000 $1,799 3.49%
LaGrange, GA-AL (FHA|USDA|VA) 1 $115,000 $115,000 $1,185 2.74%
Pella, IA (FHA|USDA|VA) 1 $115,000 $115,000 $788 2.99%
Cookeville, TN (FHA|USDA|VA) 1 $115,000 $115,000 $943 2.74%
BAKERSFIELD, CA (FHA|USDA|VA) 1 $115,000 $115,000 $815 2.37%
Bonham, TX (FHA|USDA|VA) 1 $115,000 $115,000 $2,335 2.87%
Lock Haven, PA (FHA|USDA|VA) 1 $115,000 $115,000 $1,767 2.99%
Bellefontaine, OH (FHA|USDA|VA) 1 $115,000 $115,000 $1,170 3.24%
Bay City, TX (FHA|USDA|VA) 1 $105,000 $105,000 $2,124 2.75%
Elkins, WV (FHA|USDA|VA) 1 $105,000 $105,000 $1,708 2.87%
Sidney, OH (FHA|USDA|VA) 1 $105,000 $105,000 $1,783 2.24%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $105,000 $105,000 $1,694 2.99%
Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) 1 $105,000 $105,000 $910 2.87%
Lewistown, PA (FHA|USDA|VA) 1 $105,000 $105,000 $1,794 3.12%
Manitowoc, WI (FHA|USDA|VA) 1 $105,000 $105,000 $2,168 2.75%
Sterling, CO (FHA|USDA|VA) 1 $95,000 $95,000 $2,386 3.63%
LOUISVILLE, KY (FHA|USDA|VA) 1 $95,000 $95,000 $1,503 2.99%
TUCSON, AZ (FHA|USDA|VA) 1 $95,000 $95,000 $1,115 2.49%
Hillsdale, MI (FHA|USDA|VA) 1 $75,000 $75,000 $1,423 2.24%
Chicago Mortgage Solutions's top markets include Chicago, Denver, Washington, Dallas, and Atlanta among others.

Their top states include:
  • Colorado (FHA|USDA|VA)
  • Illinois (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
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    SOMERSET
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 13,854 $4,070,870,000 $293,841 $2,579 2.70%

    For 2021, Chicago Mortgage Solutions's most frequently originated type of loan was Conventional, with 13,854 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 12,361 $3,520,755,000 $284,828 $2,309 2.67%
    Home Purchase 1,288 $488,170,000 $379,014 $5,176 2.95%
    Home Improvement 205 $61,945,000 $302,171 $2,558 2.91%

    For 2021, Chicago Mortgage Solutions's most frequently cited loan purpose was Refi, with 12,361 originations. The 2nd most popular reason was Home Purchase, with 1,288 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 8,564 $2,740,570,000 $320,011 $2,889 2.91%
    15 Year 3,620 $966,180,000 $266,901 $2,154 2.26%
    10 Year 778 $150,030,000 $192,841 $1,625 2.23%
    20 Year 699 $160,855,000 $230,122 $2,128 2.87%
    Other 193 $53,235,000 $275,829 $2,321 2.86%

    For 2021, Chicago Mortgage Solutions's most frequently cited loan duration was 30 Year, with 8,564 originations. The 2nd most popular length was 15 Year, with 3,620 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 2,883 $974,325,000 $337,955
    $5k+ 597 $283,415,000 $474,732
    $1k-2k 495 $151,235,000 $305,525
    $2k-3k 306 $93,410,000 $305,261
    $3k-4k 295 $93,415,000 $316,661
    $4k-5k 244 $82,770,000 $339,221

    Chicago Mortgage Solutions's average total fees were $2,889, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 2,883 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 7,303 $2,231,875,000 $305,611
    <2.5% 4,406 $1,237,610,000 $280,892
    3-4% 2,111 $595,995,000 $282,328
    4-5% 34 $5,390,000 $158,529

    During 2021, Chicago Mortgage Solutions's average interest rate for loans was 2.91%, while their most frequently originated rate bucket for loans was 2.5-3%, with 7,303 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 6,295 $1,787,005,000 $283,877 $2,489 2.67%
    $100k-200k 4,139 $639,355,000 $154,471 $1,780 2.74%
    $400k-600k 2,877 $1,374,555,000 $477,774 $3,528 2.67%
    $600k-1MM 306 $219,770,000 $718,203 $6,029 2.85%
    $100,000 or less 212 $18,360,000 $86,604 $2,184 2.94%
    $1MM+ 25 $31,825,000 $1,273,000 $9,388 3.18%

    2021 saw Chicago Mortgage Solutions place emphasis on $200k-400k loans with 6,295 originations, totaling $1,787,005,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 13,781 $4,037,305,000 $292,962 $2,569 2.70%
    $50k-75k 51 $20,825,000 $408,333 $4,600 2.68%
    $75k-100k 11 $5,915,000 $537,727 $4,113 2.62%
    $100k-150k 7 $2,675,000 $382,143 $3,765 2.49%
    $250k+ 3 $3,795,000 $1,265,000 $5,808 2.79%
    $150k-250k 1 $355,000 $355,000 $4,915 3.38%

    Chicago Mortgage Solutions lent most frequently to those with incomes in the $50k or less range, with 13,781 originations. The second most popular income band? $50k-75k, with 51 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 4,232 $1,213,180,000 $286,668 $2,398 2.65%
    30-36% 2,566 $791,960,000 $308,636 $2,686 2.69%
    <20% 2,213 $584,445,000 $264,096 $2,218 2.64%
    38% 411 $131,215,000 $319,258 $2,881 2.76%
    36% 408 $125,450,000 $307,475 $2,683 2.74%
    40% 407 $123,795,000 $304,165 $2,747 2.76%
    37% 382 $112,410,000 $294,267 $2,711 2.76%
    39% 376 $114,090,000 $303,431 $2,704 2.74%
    43% 361 $109,875,000 $304,363 $2,898 2.82%
    41% 356 $107,870,000 $303,006 $2,810 2.80%
    42% 352 $109,280,000 $310,455 $2,738 2.76%
    44% 352 $105,780,000 $300,511 $2,908 2.81%
    45% 270 $85,540,000 $316,815 $3,013 2.77%
    46% 260 $78,910,000 $303,500 $3,003 2.77%
    48% 245 $75,425,000 $307,857 $2,817 2.77%
    49% 235 $68,805,000 $292,787 $2,752 2.77%
    47% 231 $73,535,000 $318,333 $3,158 2.76%
    50-60% 123 $35,445,000 $288,171 $2,585 2.81%
    >60% 74 $23,860,000 $322,432 $4,412 3.17%

    Chicago Mortgage Solutions lent most frequently to those with DTI ratios of 20-30%, with 4,232 originations. The next most common DTI ratio? 30-36%, with 2,566 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 8,449 $2,413,885,000 $285,701 $2,417 2.71%
    Asian 2,659 $842,965,000 $317,023 $3,206 2.65%
    Not provided 2,028 $610,910,000 $301,238 $2,511 2.71%
    Black 327 $87,245,000 $266,804 $2,582 2.80%
    Asian Indian 193 $60,915,000 $315,622 $2,189 2.46%
    American Indian 61 $17,155,000 $281,230 $2,358 2.63%
    Other Asian 39 $10,135,000 $259,872 $1,959 2.72%
    Chinese 27 $7,155,000 $265,000 $2,153 2.55%
    Filipino 18 $4,810,000 $267,222 $1,682 2.77%
    Korean 14 $4,710,000 $336,429 $2,115 2.73%
    Vietnamese 17 $4,185,000 $246,176 $1,783 2.55%
    Native Hawaiian or Islander 9 $2,735,000 $303,889 $3,791 2.96%
    Japanese 7 $2,205,000 $315,000 $1,710 2.80%
    Guamanian 3 $1,215,000 $405,000 $2,878 2.58%
    Other Pacific Islander 3 $645,000 $215,000 $1,609 2.79%

    Approval Rates

    Total approvals of all applications
    90.45%

    Chicago Mortgage Solutions has an average approval rate.

    Pick Rate

    Approvals leading to origination
    50.19%

    Chicago Mortgage Solutions 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
    0.0 1 $305,000 $305,000
    1557.0 1 $115,000 $115,000
    NA 13,852 $4,070,450,000 $293,853

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    13,854 $4,070,870,000 $293,841

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1,389 $290,135,000 $208,880 $2,014 2.52%
    40-60% 4,166 $1,096,990,000 $263,320 $2,168 2.61%
    60-80% 7,010 $2,227,950,000 $317,825 $2,757 2.77%
    80-100% 1,216 $443,270,000 $364,531 $3,645 2.82%
    Under 20% 73 $12,525,000 $171,575 $1,939 2.55%