Investmark Mortgage Rates, Fees & Info
Addison, TXLEI: 254900JP0RZQA3KX5N51
Tax ID: 27-1354880
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Mortgage Data
Review & Overview
Investmark Mortgage is a smaller mortgage company specializing in Home Purchase loans. Investmark Mortgage has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Houston, San Antonio, Austin, and Sherman among others. We have data for 21 markets. (Some data included below & more in-depth data is available with an active subscription.)Investmark Mortgage 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
230Origination Dollar Volume (All Markets)
$39,250,000Top 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 |
|---|---|---|---|---|---|
| Outside of Metro Areas | 94 | $12,500,000 | $132,979 | $0 | 13.08% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 41 | $9,105,000 | $222,073 | $0 | 13.19% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 41 | $7,045,000 | $171,829 | $0 | 13.09% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 17 | $2,965,000 | $174,412 | $0 | 12.99% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 3 | $1,005,000 | $335,000 | $0 | 12.99% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 5 | $925,000 | $185,000 | $0 | 13.59% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 5 | $855,000 | $171,000 | $0 | 13.39% |
| COLUMBIA, SC (FHA|USDA|VA) | 5 | $795,000 | $159,000 | $0 | 13.99% |
| KNOXVILLE, TN (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $0 | 12.99% |
| Bonham, TX (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $0 | 12.99% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $0 | 13.49% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 11.99% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 11.99% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 11.99% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 13.99% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 13.99% |
| TYLER, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 13.99% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 11.99% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 13.99% |
| WACO, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 13.99% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 11.99% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 230 | $39,250,000 | $170,652 | $0 | 13.15% |
For 2024, Investmark Mortgage's most frequently originated type of loan was Conventional, with 230 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Home Purchase | 230 | $39,250,000 | $170,652 | $0 | 13.15% |
For 2024, Investmark Mortgage's most frequently cited loan purpose was Home Purchase, with 230 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 1 Year | 230 | $39,250,000 | $170,652 | $0 | 13.15% |
For 2024, Investmark Mortgage's most frequently cited loan duration was 1 Year, with 230 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 147 | $28,365,000 | $192,959 |
During 2024, Investmark Mortgage's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 147 originations.
Loan Sizing
2024 saw Investmark Mortgage place emphasis on $100k-200k loans with 117 originations, totaling $18,015,000 in origination value.
Applicant Income
Investmark Mortgage lent most frequently to those with incomes in the $150k-250k range, with 54 originations. The second most popular income band? $100k-150k, with 50 originations.
Applicant Debt to Income Ratio
Investmark Mortgage lent most frequently to those with DTI ratios of <20%, with 63 originations. The next most common DTI ratio? 20-30%, with 49 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications72.80%
Investmark Mortgage has a below average approval rate.
Pick Rate
Approvals leading to origination45.22%
Investmark Mortgage 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 |
|---|---|---|---|
| NA | 230 | $39,250,000 | $170,652 |