Ahl Funding Mortgage Rates, Fees & Info

MADISON, WI

LEI: 254900JZN2V0PWFMW808

Tax ID: 47-3906904

1 stars - Updated: 5/26/24 - out of 5 stars, based on 22 reviews

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

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Mortgage Data

Review & Overview

Ahl Funding is a smaller mortgage company specializing in Home Purchase loans. Ahl Funding has a high proportion of conventional loans. They have a a high proportion of FHA loans. Their top markets by origination volume include: Los Angeles, Riverside, Houston, Phoenix, and Santa Rosa among others. We have data for 64 markets. (Some data included below & more in-depth data is available with an active subscription.)

Ahl Funding 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. Ahl Funding is typically a high 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 relatively high 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 7.46% 5/26/24
30 Year Conventional Refi 7.25% 5/26/24
30 Year Cash-out Refi 7.46% 5/26/24
30 Year FHA Purchase 7.41% 5/26/24
30 Year FHA Refi 7.35% 5/26/24
30 Year VA Purchase 5.99% 5/26/24
30 Year VA Refi 6.27% 5/26/24
30 Year USDA Purchase 6.27% 5/26/24
15 Year Conventional Refi 6.47% 5/26/24
15 Year Cash-out Refi 6.47% 5/26/24
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.

Ahl Funding Mortgage Calculator






Your Estimates

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

This is not an official calculator from Ahl Funding. 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

483

Origination Dollar Volume (All Markets)

$236,335,000

Relative Rate

Ahl Funding's average 30 year fixed mortgage rate was 7.06%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.58%.

Relative Fees (Closing Costs)

Ahl Funding's average total fees/closing costs for a 30 year fixed rate mortgage were $19,054.

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 $9,089.

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 117 $81,895,000 $699,957 $23,738 7.24%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 124 $57,690,000 $465,242 $18,841 6.98%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 47 $16,615,000 $353,511 $18,006 6.93%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 27 $10,525,000 $389,815 $11,472 7.37%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 21 $9,265,000 $441,190 $9,289 6.76%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 16 $6,990,000 $436,875 $21,529 6.94%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 11 $3,995,000 $363,182 $16,631 7.83%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 9 $3,535,000 $392,778 $24,484 6.96%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 5 $3,375,000 $675,000 $20,397 7.82%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $2,295,000 $459,000 $26,181 7.50%
PORT ST. LUCIE, FL (FHA|USDA|VA) 6 $2,190,000 $365,000 $15,239 7.71%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 5 $2,145,000 $429,000 $23,725 7.47%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 4 $2,070,000 $517,500 $18,053 7.03%
BAKERSFIELD, CA (FHA|USDA|VA) 6 $2,000,000 $333,333 $13,913 7.33%
URBAN HONOLULU, HI (FHA|USDA|VA) 3 $1,795,000 $598,333 $15,858 7.96%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $1,780,000 $890,000 $32,220 6.25%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $1,745,000 $1,745,000 $60,908 8.38%
VALLEJO, CA (FHA|USDA|VA) 3 $1,685,000 $561,667 $16,707 6.79%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $1,560,000 $390,000 $22,116 7.34%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 2 $1,400,000 $700,000 $43,338 7.06%
MODESTO, CA (FHA|USDA|VA) 3 $1,365,000 $455,000 $14,628 7.13%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 4 $1,190,000 $297,500 $13,955 6.91%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $1,130,000 $282,500 $16,377 6.81%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $1,060,000 $530,000 $15,328 7.19%
TUCSON, AZ (FHA|USDA|VA) 3 $1,055,000 $351,667 $14,476 7.08%
EL PASO, TX (FHA|USDA|VA) 4 $990,000 $247,500 $10,934 6.38%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $955,000 $955,000 $26,255 8.13%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $770,000 $385,000 $21,140 7.69%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $745,000 $248,333 $9,078 5.21%
GRANTS PASS, OR (FHA|USDA|VA) 1 $685,000 $685,000 $13,421 6.99%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $660,000 $330,000 $15,319 7.43%
NAPA, CA (FHA|USDA|VA) 1 $645,000 $645,000 $21,609 6.75%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $625,000 $625,000 $22,290 7.38%
EL CENTRO, CA (FHA|USDA|VA) 2 $620,000 $310,000 $10,604 6.81%
FRESNO, CA (FHA|USDA|VA) 2 $620,000 $310,000 $10,789 6.87%
MEDFORD, OR (FHA|USDA|VA) 1 $565,000 $565,000 $9,644 6.50%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 1 $545,000 $545,000 $20,198 7.13%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $545,000 $545,000 $9,510 7.50%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $485,000 $485,000 $25,023 6.13%
LINCOLN, NE (FHA|USDA|VA) 1 $415,000 $415,000 $8,391 7.50%
Portsmouth, OH (FHA|USDA|VA) 1 $415,000 $415,000 $9,674 7.38%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $405,000 $405,000 $0 7.99%
ABILENE, TX (FHA|USDA|VA) 1 $395,000 $395,000 $13,389 6.63%
MERCED, CA (FHA|USDA|VA) 1 $355,000 $355,000 $16,614 6.13%
MADERA, CA (FHA|USDA|VA) 1 $325,000 $325,000 $13,245 6.63%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $315,000 $315,000 $5,477 7.13%
STOCKTON, CA (FHA|USDA|VA) 1 $315,000 $315,000 $16,780 6.63%
Sevierville, TN (FHA|USDA|VA) 1 $305,000 $305,000 $16,722 7.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $285,000 $285,000 $5,373 5.38%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $285,000 $285,000 $21,496 6.75%
FORT WAYNE, IN (FHA|USDA|VA) 2 $260,000 $130,000 $6,316 6.38%
Branson, MO (FHA|USDA|VA) 1 $225,000 $225,000 $6,429 6.50%
Rockport, TX (FHA|USDA|VA) 1 $215,000 $215,000 $16,999 6.75%
KNOXVILLE, TN (FHA|USDA|VA) 1 $215,000 $215,000 $8,733 7.13%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 1 $215,000 $215,000 $12,921 7.49%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $205,000 $205,000 $5,540 7.49%
Huntsville, TX (FHA|USDA|VA) 1 $195,000 $195,000 $12,007 6.99%
COLUMBUS, OH (FHA|USDA|VA) 1 $195,000 $195,000 $6,050 7.88%
VISALIA, CA (FHA|USDA|VA) 1 $195,000 $195,000 $4,291 8.00%
REDDING, CA (FHA|USDA|VA) 1 $185,000 $185,000 $6,641 6.75%
PANAMA CITY, FL (FHA|USDA|VA) 1 $185,000 $185,000 $13,441 7.00%
OCALA, FL (FHA|USDA|VA) 1 $175,000 $175,000 $12,707 7.13%
JACKSONVILLE, FL (FHA|USDA|VA) 1 $135,000 $135,000 $12,156 6.75%
Outside of Metro Areas 1 $115,000 $115,000 $3,912 7.99%
Ahl Funding's top markets include Los Angeles, Riverside, Houston, Phoenix, and Santa Rosa among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against AHL FUNDING based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    SAFE 1 CREDIT UNION
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 242 $120,830,000 $499,298 $14,856 7.44%
    FHA 229 $107,585,000 $469,803 $23,332 6.77%
    VA 12 $7,920,000 $660,000 $10,097 6.73%

    For 2023, Ahl Funding's most frequently originated type of loan was Conventional, with 242 originations. Their 2nd most popular type was FHA, with 229 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 412 $202,910,000 $492,500 $19,267 7.02%
    Cash Out Refi 52 $23,150,000 $445,192 $15,219 7.73%
    Refi 19 $10,275,000 $540,789 $18,058 7.22%

    For 2023, Ahl Funding's most frequently cited loan purpose was Home Purchase, with 412 originations. The 2nd most popular reason was Cash Out Refi, with 52 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 469 $231,355,000 $493,294 $19,054 7.06%
    10 Year 8 $120,000 $15,000 $67 9.47%
    15 Year 4 $1,340,000 $335,000 $7,919 6.28%
    30+ year 2 $3,520,000 $1,760,000 $51,673 8.13%

    For 2023, Ahl Funding's most frequently cited loan duration was 30 Year, with 469 originations. The 2nd most popular length was 10 Year, with 8 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 383 $201,155,000 $525,209
    $2k-3k 38 $15,070,000 $396,579
    $4k-5k 23 $8,085,000 $351,522
    $<1k 15 $3,335,000 $222,333
    $3k-4k 13 $4,295,000 $330,385
    $1k-2k 8 $3,580,000 $447,500

    Ahl Funding's average total fees were $19,054, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 383 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 212 $97,150,000 $458,255
    7-8% 180 $87,300,000 $485,000
    Over 8% 47 $30,825,000 $655,851
    5-6% 43 $21,055,000 $489,651
    <2.5% 1 $5,000 $5,000

    During 2023, Ahl Funding's average interest rate for loans was 7.06%, while their most frequently originated rate bucket for loans was 6-7%, with 212 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $400k-600k 176 $85,470,000 $485,625 $19,766 6.97%
    $200k-400k 143 $44,505,000 $311,224 $14,667 6.99%
    $600k-1MM 102 $73,820,000 $723,725 $25,940 7.05%
    $100k-200k 34 $5,280,000 $155,294 $7,287 7.49%
    $1MM+ 17 $26,985,000 $1,587,353 $33,818 8.07%
    $100,000 or less 11 $275,000 $25,000 $1,067 8.50%

    2023 saw Ahl Funding place emphasis on $400k-600k loans with 176 originations, totaling $85,470,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 166 $68,110,000 $410,301 $17,656 6.94%
    $150k-250k 145 $84,985,000 $586,103 $21,881 7.15%
    $250k+ 68 $53,780,000 $790,882 $23,816 7.81%
    $75k-100k 63 $19,875,000 $315,476 $14,258 6.94%
    $50k-75k 33 $8,335,000 $252,576 $11,738 6.61%
    $50k or less 8 $1,250,000 $156,250 $7,898 6.86%

    Ahl Funding lent most frequently to those with incomes in the $100k-150k range, with 166 originations. The second most popular income band? $150k-250k, with 145 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 86 $41,980,000 $488,140 $20,534 6.96%
    30-36% 60 $24,870,000 $414,500 $18,057 6.96%
    20-30% 38 $21,380,000 $562,632 $19,449 7.48%
    49% 33 $20,605,000 $624,394 $19,343 6.88%
    47% 27 $13,325,000 $493,519 $19,543 7.28%
    44% 22 $12,740,000 $579,091 $19,792 6.86%
    48% 22 $12,060,000 $548,182 $17,474 7.40%
    42% 20 $7,880,000 $394,000 $17,112 7.20%
    46% 19 $9,385,000 $493,947 $21,373 6.89%
    43% 19 $11,975,000 $630,263 $21,230 7.24%
    37% 18 $7,710,000 $428,333 $19,108 6.86%
    40% 18 $8,260,000 $458,889 $15,712 7.24%
    38% 18 $8,160,000 $453,333 $21,519 7.14%
    41% 17 $6,625,000 $389,706 $14,451 7.44%
    <20% 16 $4,740,000 $296,250 $10,693 7.26%
    36% 16 $7,190,000 $449,375 $17,326 7.29%
    45% 16 $8,830,000 $551,875 $19,474 6.97%
    39% 15 $6,735,000 $449,000 $18,727 7.00%
    >60% 3 $1,885,000 $628,333 $10,720 7.21%

    Ahl Funding lent most frequently to those with DTI ratios of 50-60%, with 86 originations. The next most common DTI ratio? 30-36%, with 60 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not provided 248 $112,180,000 $452,339 $19,608 6.95%
    White 189 $96,015,000 $508,016 $17,833 7.24%
    Asian 27 $16,585,000 $614,259 $17,950 7.29%
    Black 14 $9,190,000 $656,429 $20,945 7.37%
    American Indian 2 $1,460,000 $730,000 $17,442 7.38%
    Chinese 1 $405,000 $405,000 $12,918 7.75%
    Other Asian 1 $315,000 $315,000 $5,919 6.00%
    Native Hawaiian or Islander 1 $185,000 $185,000 $5,283 7.63%

    Approval Rates

    Total approvals of all applications
    97.39%

    Ahl Funding has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    6.63%

    Ahl Funding 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 483 $236,335,000 $489,306

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    483 $236,335,000 $489,306

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 16 $4,400,000 $275,000 $8,288 7.42%
    40-60% 30 $13,740,000 $458,000 $14,504 7.09%
    60-80% 89 $50,395,000 $566,236 $16,950 7.39%
    80-100% 329 $164,425,000 $499,772 $20,921 6.92%
    Over 100% 3 $1,575,000 $525,000 $21,876 7.08%
    Under 20% 16 $1,800,000 $112,500 $2,548 8.99%