Ahl Funding Mortgage Rates, Fees & Info
MADISON, WILEI: 254900JZN2V0PWFMW808
Tax ID: 47-3906904
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Mortgage Data
Overview
Ahl Funding is a smaller mortgage company specializing in Home Purchase, Cash Out Refi, and Refi loans. Ahl Funding has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Los Angeles, Riverside, San Diego, San Jose, and Miami among others. Ahl Funding has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Ahl Funding is typically a high fee lendor.Originations
1,191Origination Dollar Volume (All Markets)
$621,885,000Relative Rate
Ahl Funding's average 30 year fixed rate mortgage of loans were
3.53%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.38%.
Relative Fees
Ahl Funding's average total fees for a 30 year fixed rate
mortgage are $10,646.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 583 | $345,455,000 | $592,547 | $11,145 | 3.50% |
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 251 | $92,555,000 | $368,745 | $8,806 | 3.42% |
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 83 | $44,495,000 | $536,084 | $9,155 | 3.37% |
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 24 | $22,660,000 | $944,167 | $17,095 | 4.22% |
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 35 | $17,905,000 | $511,571 | $13,968 | 4.16% |
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 23 | $17,075,000 | $742,391 | $14,561 | 4.06% |
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 29 | $12,325,000 | $425,000 | $8,445 | 3.63% |
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 14 | $11,100,000 | $792,857 | $15,097 | 3.63% |
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 9 | $5,055,000 | $561,667 | $10,110 | 4.20% |
BAKERSFIELD, CA (FHA|USDA|VA) | 15 | $3,945,000 | $263,000 | $7,276 | 3.57% |
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 13 | $3,915,000 | $301,154 | $6,106 | 3.05% |
FRESNO, CA (FHA|USDA|VA) | 14 | $3,900,000 | $278,571 | $9,245 | 3.91% |
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 4 | $3,300,000 | $825,000 | $13,750 | 4.56% |
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 8 | $3,210,000 | $401,250 | $10,281 | 3.47% |
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $2,765,000 | $553,000 | $12,121 | 3.35% |
STOCKTON, CA (FHA|USDA|VA) | 6 | $2,200,000 | $366,667 | $12,234 | 3.08% |
SALINAS, CA (FHA|USDA|VA) | 2 | $2,150,000 | $1,075,000 | $11,875 | 3.43% |
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 3 | $1,785,000 | $595,000 | $20,379 | 4.63% |
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $1,750,000 | $875,000 | $13,638 | 4.43% |
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 3 | $1,505,000 | $501,667 | $8,006 | 2.71% |
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 6 | $1,460,000 | $243,333 | $9,038 | 3.33% |
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $1,315,000 | $438,333 | $12,986 | 4.21% |
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $1,195,000 | $1,195,000 | $33,388 | 4.88% |
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $14,498 | 4.13% |
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 4 | $1,110,000 | $277,500 | $8,842 | 4.31% |
YUMA, AZ (FHA|USDA|VA) | 2 | $1,090,000 | $545,000 | $7,747 | 3.19% |
OCALA, FL (FHA|USDA|VA) | 2 | $990,000 | $495,000 | $19,926 | 4.19% |
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $6,231 | 3.31% |
TUCSON, AZ (FHA|USDA|VA) | 3 | $915,000 | $305,000 | $5,084 | 3.08% |
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $10,466 | 2.81% |
VALLEJO, CA (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $3,938 | 3.29% |
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $11,020 | 3.94% |
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $5,429 | 3.00% |
Breckenridge, CO (FHA|USDA|VA) | 1 | $825,000 | $825,000 | $0 | 5.63% |
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $5,712 | 3.63% |
MADERA, CA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $10,919 | 3.00% |
COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $19,169 | 5.25% |
MODESTO, CA (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $6,060 | 2.56% |
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $11,124 | 5.63% |
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $10,714 | 3.50% |
VISALIA, CA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $4,767 | 2.94% |
EL CENTRO, CA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $4,139 | 2.88% |
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $15,072 | 5.50% |
COLUMBUS, OH (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $10,635 | 2.94% |
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $7,937 | 3.13% |
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $5,988 | 3.25% |
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $4,883 | 3.00% |
HANFORD-CORCORAN, CA (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 4.25% |
MERCED, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $8,280 | 3.13% |
Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,475 | 3.63% |
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,124 | 2.63% |
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,334 | 3.63% |
JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $9,041 | 3.63% |
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,991 | 3.00% |
Ahl Funding's top markets include Los Angeles, Riverside, San Diego, San Jose, and Miami among others.
Product Mix
Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Conventional | 1,075 | $567,965,000 | $528,340 | $9,934 | 3.59% |
FHA | 86 | $38,410,000 | $446,628 | $16,544 | 3.16% |
VA | 30 | $15,510,000 | $517,000 | $10,178 | 2.72% |
For the 2021 period, Ahl Funding's most frequently originated loan type of loans were Conventional, with 1,075 originations. Their 2nd most popular type is FHA, with 86 originations.
Loan Reason
Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
Home Purchase | 453 | $255,785,000 | $564,647 | $12,577 | 3.73% |
Cash Out Refi | 383 | $191,295,000 | $499,465 | $10,225 | 3.59% |
Refi | 354 | $174,660,000 | $493,390 | $8,118 | 3.24% |
Home Improvement | 1 | $145,000 | $145,000 | $3,948 | 3.13% |
For the 2021, Ahl Funding's most frequently cited loan purpose of loans were Home Purchase, with 453 originations. The 2nd most popular reason of loans were Cash Out Refi, with 383 originations.
Loan Duration/Length
Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
30 Year | 1,032 | $527,850,000 | $511,483 | $10,646 | 3.53% |
30+ year | 73 | $65,545,000 | $897,877 | $22,362 | 4.64% |
15 Year | 56 | $18,040,000 | $322,143 | $5,665 | 2.58% |
20 Year | 19 | $7,055,000 | $371,316 | $6,300 | 2.87% |
10 Year | 7 | $1,715,000 | $245,000 | $5,543 | 2.52% |
Other | 4 | $1,680,000 | $420,000 | $7,447 | 3.15% |
For the 2021, Ahl Funding's most frequently cited loan length of loans were 30 Year, with 1,032 originations. The 2nd most popular length of loans were 30+ year, with 73 originations.
Origination Fees
Origination Fee | Originations | Total Value | Average Loan |
---|---|---|---|
$5k+ | 537 | $316,605,000 | $589,581 |
$2k-3k | 346 | $150,230,000 | $434,191 |
$3k-4k | 139 | $45,765,000 | $329,245 |
$1k-2k | 18 | $7,370,000 | $409,444 |
$<1k | 8 | $3,640,000 | $455,000 |
$10,646 of loans were Ahl Funding's average total fees, while their most frequently occuring range of origination fees were in the $5k+ bucket, with 537 originations.
Interest Rates
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 586 | $301,200,000 | $513,993 |
2.5-3% | 307 | $127,585,000 | $415,586 |
4-5% | 134 | $96,150,000 | $717,537 |
5-6% | 82 | $62,500,000 | $762,195 |
<2.5% | 70 | $25,630,000 | $366,143 |
6-7% | 11 | $8,095,000 | $735,909 |
7-8% | 1 | $725,000 | $725,000 |
During 2021, Ahl Funding's average interest rate of loans were 3.53%, while their most frequently originated rate bucket of loans were 3-4%, with 586 originations.
Loan Sizing
Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
$400k-600k | 440 | $214,100,000 | $486,591 | $9,376 | 3.39% |
$200k-400k | 402 | $124,000,000 | $308,458 | $7,770 | 3.35% |
$600k-1MM | 188 | $142,700,000 | $759,043 | $16,526 | 4.01% |
$100k-200k | 82 | $13,710,000 | $167,195 | $5,692 | 3.21% |
$1MM+ | 76 | $127,110,000 | $1,672,500 | $28,079 | 4.54% |
$100,000 or less | 3 | $265,000 | $88,333 | $3,715 | 2.88% |
2021 saw Ahl Funding place emphasis on $400k-600k loans with 440 originations, totaling $214,100,000 in origination value.
Applicant Income
Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
$100k-150k | 270 | $127,330,000 | $471,593 | $10,257 | 3.27% |
$75k-100k | 219 | $89,315,000 | $407,831 | $8,548 | 3.22% |
$50k-75k | 198 | $59,890,000 | $302,475 | $7,849 | 3.16% |
$150k-250k | 167 | $94,475,000 | $565,719 | $11,695 | 3.55% |
$250k+ | 126 | $133,080,000 | $1,056,190 | $18,752 | 4.06% |
$50k or less | 67 | $18,405,000 | $274,701 | $6,829 | 3.14% |
Ahl Funding lent most frequently to those with incomes in the $100k-150k range, with 270 originations. The second most popular income band? $75k-100k, with 219 originations.
Applicant Debt to Income Ratio
DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
30-36% | 147 | $74,075,000 | $503,912 | $9,899 | 3.42% |
20-30% | 133 | $82,455,000 | $619,962 | $11,984 | 3.48% |
42% | 64 | $30,660,000 | $479,063 | $10,457 | 3.37% |
44% | 57 | $24,835,000 | $435,702 | $9,874 | 3.40% |
43% | 57 | $23,275,000 | $408,333 | $9,274 | 3.43% |
49% | 55 | $26,065,000 | $473,909 | $10,877 | 3.34% |
46% | 53 | $23,635,000 | $445,943 | $9,133 | 3.25% |
48% | 51 | $23,185,000 | $454,608 | $8,956 | 3.16% |
41% | 48 | $25,510,000 | $531,458 | $11,708 | 3.55% |
47% | 46 | $19,660,000 | $427,391 | $9,179 | 3.24% |
45% | 46 | $19,250,000 | $418,478 | $10,223 | 3.35% |
39% | 44 | $23,520,000 | $534,545 | $9,767 | 3.32% |
38% | 42 | $20,170,000 | $480,238 | $9,325 | 3.30% |
37% | 42 | $18,930,000 | $450,714 | $9,401 | 3.28% |
<20% | 40 | $30,760,000 | $769,000 | $14,162 | 3.77% |
50-60% | 39 | $18,985,000 | $486,795 | $15,364 | 3.12% |
40% | 38 | $16,780,000 | $441,579 | $9,888 | 3.22% |
36% | 28 | $14,100,000 | $503,571 | $10,795 | 3.56% |
>60% | 2 | $710,000 | $355,000 | $8,359 | 3.31% |
Ahl Funding lent most frequently to those with DTI ratios of 30-36%, with 147 originations. The next most common DTI ratio? 20-30%, with 133 originations.
Ethnicity Mix
Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
White | 614 | $321,330,000 | $523,339 | $10,442 | 3.57% |
Not provided | 307 | $162,055,000 | $527,866 | $11,267 | 3.53% |
Asian | 208 | $107,040,000 | $514,615 | $8,758 | 3.30% |
Black | 58 | $29,170,000 | $502,931 | $13,766 | 4.02% |
American Indian | 2 | $1,020,000 | $510,000 | $14,314 | 3.75% |
Native Hawaiian | 1 | $845,000 | $845,000 | $5,529 | 3.88% |
Chinese | 1 | $425,000 | $425,000 | $11,800 | 3.50% |
Approval Rates
Total approvals of all applications99.00%
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 origination26.96%
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 | 1,191 | $621,885,000 | $522,154 |
Occupancy Type Mix
Dwelling Type | Originations | Total Value | Average Loan |
---|---|---|---|
1,191 | $621,885,000 | $522,154 |
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
---|---|---|---|---|---|
20-40% | 89 | $38,175,000 | $428,933 | $7,333 | 3.34% |
40-60% | 268 | $143,140,000 | $534,104 | $8,890 | 3.37% |
60-80% | 490 | $254,420,000 | $519,224 | $9,886 | 3.63% |
80-100% | 330 | $181,110,000 | $548,818 | $13,073 | 3.60% |
Over 100% | 5 | $3,075,000 | $615,000 | $22,157 | 2.88% |
Under 20% | 9 | $1,965,000 | $218,333 | $3,921 | 2.92% |
Complaints
Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
---|---|---|---|---|
Alabama Housing Finance Authority | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.7% |
Alabama Housing Finance Authority | FHA mortgage | Incorrect information on your report | 1 | 7.7% |
Alabama Housing Finance Authority | FHA mortgage | Problem with a credit reporting company's investigation into an existing problem | 1 | 7.7% |
Alabama Housing Finance Authority | FHA mortgage | Struggling to pay mortgage | 3 | 23.1% |
Alabama Housing Finance Authority | FHA mortgage | Trouble during payment process | 6 | 46.2% |
Alabama Housing Finance Authority | Other type of mortgage | Struggling to pay mortgage | 1 | 7.7% |