Republic State Mortgage Co. Rates, Fees & Info

Houston, TX

LEI: 254900LKAJBFGO0IIP75

Tax ID: 76-0454396

5 stars - Updated: 4/5/25 - out of 5 stars, based on 35 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Republic State Mortgage Co. is a smaller mortgage company specializing in Home Purchase loans. Republic State Mortgage Co. has a high proportion of conventional loans. They have a a high 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: Dallas, Houston, Austin, Boston, and Lexington among others. We have data for 41 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Republic State Mortgage Co. 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. Republic State Mortgage Co. 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 6.81% 4/5/25
    30 Year Conventional Refi 7.24% 4/5/25
    30 Year Cash-out Refi 7.19% 4/5/25
    30 Year FHA Purchase 6.94% 4/5/25
    30 Year FHA Refi 7.62% 4/5/25
    30 Year VA Purchase 6.19% 4/5/25
    30 Year VA Refi 6.14% 4/5/25
    30 Year USDA Purchase 7.53% 4/5/25
    15 Year Conventional Purchase 4.73% 4/5/25
    15 Year Conventional Refi 6.32% 4/5/25
    15 Year Cash-out Refi 6.32% 4/5/25
    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.

    Republic State Mortgage Co. Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Republic State Mortgage Co.. 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

    1,229

    Origination Dollar Volume (All Markets)

    $386,675,000
    Show all (10) awards

    Relative Rate

    Republic State Mortgage Co.'s average 30 year fixed mortgage rate was 6.44%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of -0.11%.

    Relative Fees (Closing Costs)

    Republic State Mortgage Co.'s average total fees/closing costs for a 30 year fixed rate mortgage were $7,860.

    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 $8,356.

    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
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 566 $191,630,000 $338,569 $8,074 6.04%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 126 $52,150,000 $413,889 $7,187 6.81%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 68 $28,670,000 $421,618 $9,327 6.70%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 55 $23,485,000 $427,000 $8,342 6.24%
    Outside of Metro Areas 95 $20,755,000 $218,474 $7,610 6.74%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 64 $15,800,000 $246,875 $7,265 6.73%
    New Philadelphia-Dover, OH (FHA|USDA|VA) 53 $9,305,000 $175,566 $4,026 7.12%
    Mount Sterling, KY (FHA|USDA|VA) 42 $9,120,000 $217,143 $8,924 6.45%
    Frankfort, KY (FHA|USDA|VA) 27 $5,845,000 $216,481 $7,672 6.71%
    Danville, KY (FHA|USDA|VA) 31 $5,465,000 $176,290 $7,102 6.74%
    Richmond-Berea, KY (FHA|USDA|VA) 21 $5,125,000 $244,048 $8,004 6.52%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 7 $2,995,000 $427,857 $13,928 6.29%
    CANTON-MASSILLON, OH (FHA|USDA|VA) 16 $2,560,000 $160,000 $4,222 6.96%
    Somerset, KY (FHA|USDA|VA) 10 $1,920,000 $192,000 $8,303 6.81%
    LOUISVILLE, KY (FHA|USDA|VA) 7 $1,635,000 $233,571 $6,542 7.05%
    LUBBOCK, TX (FHA|USDA|VA) 4 $1,140,000 $285,000 $7,792 7.84%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 3 $1,055,000 $351,667 $8,914 6.88%
    WORCESTER, MA-CT (FHA|USDA|VA) 2 $850,000 $425,000 $4,743 7.00%
    Athens, TX (FHA|USDA|VA) 1 $695,000 $695,000 $16,341 5.00%
    LONGVIEW, TX (FHA|USDA|VA) 3 $595,000 $198,333 $8,267 6.96%
    SPRINGFIELD, MA (FHA|USDA|VA) 2 $560,000 $280,000 $13,237 6.25%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $440,000 $220,000 $8,963 6.94%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $375,000 $375,000 $11,846 6.25%
    Coshocton, OH (FHA|USDA|VA) 3 $375,000 $125,000 $4,651 6.75%
    Snyder, TX (FHA|USDA|VA) 1 $365,000 $365,000 $9,335 7.38%
    Brenham, TX (FHA|USDA|VA) 1 $355,000 $355,000 $7,834 7.63%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $355,000 $355,000 $3,969 7.50%
    DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $310,000 $155,000 $4,805 7.06%
    Augusta-Waterville, ME (FHA|USDA|VA) 1 $285,000 $285,000 $8,796 7.13%
    MIDLAND, TX (FHA|USDA|VA) 1 $275,000 $275,000 $4,882 6.50%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 2 $270,000 $135,000 $3,922 7.50%
    Ashland, OH (FHA|USDA|VA) 1 $255,000 $255,000 $6,991 7.13%
    Mineral Wells, TX (FHA|USDA|VA) 1 $255,000 $255,000 $5,147 6.75%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $240,000 $120,000 $3,076 8.50%
    WHEELING, WV-OH (FHA|USDA|VA) 1 $205,000 $205,000 $1,948 7.13%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $205,000 $205,000 $5,757 6.50%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $185,000 $185,000 $3,529 6.88%
    Bardstown, KY (FHA|USDA|VA) 1 $145,000 $145,000 $5,107 5.88%
    BATON ROUGE, LA (FHA|USDA|VA) 1 $145,000 $145,000 $4,321 7.88%
    London, KY (FHA|USDA|VA) 1 $145,000 $145,000 $8,098 6.25%
    WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,364 7.13%
    Republic State Mortgage Co.'s top markets include Dallas, Houston, Austin, Boston, and Lexington among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Kentucky (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • New Hampshire (FHA|USDA|VA)

    • Similar Lenders

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

    Jefferson Parish Employees FCU
    Similarity Rank: 12
    Adams Community Bank
    Similarity Rank: 27
    TRANSCEND
    Similarity Rank: 60
    Edmonton State Bank
    Similarity Rank: 60
    GREYLOCK
    Similarity Rank: 78
    JEFFERSON FINANCIAL
    Similarity Rank: 112
    Berkshire Bank
    Similarity Rank: 164
    AMOCO
    Similarity Rank: 180
    First Federal Savings and Loan Association of Lakewood
    Similarity Rank: 224
    GREATER NEW ORLEANS
    Similarity Rank: 235

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 611 $200,725,000 $328,519 $5,778 6.63%
    FHA 506 $147,930,000 $292,352 $9,992 6.19%
    VA 93 $34,745,000 $373,602 $8,605 6.10%
    USDA 18 $2,940,000 $163,333 $5,652 7.00%
    FHA 1 $335,000 $335,000 $0 6.75%

    For 2024, Republic State Mortgage Co.'s most frequently originated type of loan was Conventional, with 611 originations. Their 2nd most popular type was FHA, with 506 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,172 $370,210,000 $315,879 $7,775 6.39%
    Refi 36 $11,170,000 $310,278 $6,659 6.86%
    Cash Out Refi 20 $5,110,000 $255,500 $7,515 6.95%
    Home Improvement 1 $185,000 $185,000 $9,446 7.00%

    For 2024, Republic State Mortgage Co.'s most frequently cited loan purpose was Home Purchase, with 1,172 originations. The 2nd most popular reason was Refi, with 36 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,191 $378,595,000 $317,880 $7,860 6.44%
    15 Year 29 $7,085,000 $244,310 $4,256 5.16%
    10 Year 6 $310,000 $51,667 $1,096 8.27%
    20 Year 3 $685,000 $228,333 $3,618 6.21%

    For 2024, Republic State Mortgage Co.'s most frequently cited loan duration was 30 Year, with 1,191 originations. The 2nd most popular length was 15 Year, with 29 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 422 $128,340,000 $304,123
    $1k-2k 303 $102,925,000 $339,686
    $3k-4k 143 $35,055,000 $245,140
    $5k+ 139 $58,405,000 $420,180
    $2k-3k 115 $32,785,000 $285,087
    $4k-5k 98 $26,900,000 $274,490

    Republic State Mortgage Co.'s average total fees were $7,860, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 422 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 581 $182,005,000 $313,262
    5-6% 288 $92,730,000 $321,979
    7-8% 244 $77,100,000 $315,984
    4-5% 104 $33,940,000 $326,346
    Over 8% 7 $755,000 $107,857
    <2.5% 5 $145,000 $29,000

    During 2024, Republic State Mortgage Co.'s average interest rate for loans was 6.44%, while their most frequently originated rate bucket for loans was 6-7%, with 581 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 701 $214,735,000 $306,327 $7,755 6.30%
    $100k-200k 244 $38,210,000 $156,598 $5,657 6.62%
    $400k-600k 181 $85,385,000 $471,740 $10,257 6.45%
    $600k-1MM 51 $36,535,000 $716,373 $11,357 6.85%
    $100,000 or less 46 $3,210,000 $69,783 $3,638 6.37%
    $1MM+ 6 $8,600,000 $1,433,333 $14,959 7.19%

    2024 saw Republic State Mortgage Co. place emphasis on $200k-400k loans with 701 originations, totaling $214,735,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 339 $112,105,000 $330,693 $8,106 6.30%
    $75k-100k 251 $68,605,000 $273,327 $7,770 6.31%
    $150k-250k 245 $92,365,000 $377,000 $8,037 6.55%
    $50k-75k 214 $46,560,000 $217,570 $7,296 6.36%
    $250k+ 95 $53,045,000 $558,368 $8,242 6.81%
    $50k or less 85 $13,995,000 $164,647 $5,871 6.46%

    Republic State Mortgage Co. lent most frequently to those with incomes in the $100k-150k range, with 339 originations. The second most popular income band? $75k-100k, with 251 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 189 $56,935,000 $301,243 $6,894 6.55%
    20-30% 168 $51,870,000 $308,750 $6,350 6.57%
    50-60% 149 $51,095,000 $342,919 $10,386 6.01%
    49% 69 $22,485,000 $325,870 $8,065 6.42%
    44% 60 $17,660,000 $294,333 $7,551 6.55%
    41% 59 $17,865,000 $302,797 $7,300 6.53%
    46% 54 $17,130,000 $317,222 $8,242 6.16%
    39% 54 $17,240,000 $319,259 $7,375 6.38%
    43% 50 $16,310,000 $326,200 $8,374 6.37%
    40% 49 $15,975,000 $326,020 $7,539 6.64%
    47% 45 $15,215,000 $338,111 $8,750 6.25%
    38% 44 $14,400,000 $327,273 $8,499 6.45%
    48% 42 $14,000,000 $333,333 $8,469 6.43%
    36% 41 $12,145,000 $296,220 $7,366 6.44%
    45% 39 $11,785,000 $302,179 $7,945 6.37%
    37% 39 $11,055,000 $283,462 $6,381 6.48%
    <20% 36 $9,560,000 $265,556 $4,089 6.13%
    42% 36 $11,050,000 $306,944 $8,923 6.78%
    >60% 4 $1,730,000 $432,500 $8,305 6.03%

    Republic State Mortgage Co. lent most frequently to those with DTI ratios of 30-36%, with 189 originations. The next most common DTI ratio? 20-30%, with 168 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 871 $267,585,000 $307,216 $7,777 6.49%
    Black 117 $41,405,000 $353,889 $9,139 6.02%
    Not provided 117 $39,215,000 $335,171 $7,371 6.13%
    Asian 112 $34,630,000 $309,196 $6,279 6.58%
    American Indian 10 $3,050,000 $305,000 $7,233 6.04%
    Native Hawaiian or Islander 2 $790,000 $395,000 $10,679 6.06%

    Approval Rates

    Total approvals of all applications
    98.54%

    Republic State Mortgage Co. 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
    82.99%

    Republic State Mortgage Co. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,229 $386,675,000 $314,626

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,229 $386,675,000 $314,626

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 36 $6,470,000 $179,722 $3,896 6.22%
    40-60% 70 $20,440,000 $292,000 $5,300 6.34%
    60-80% 259 $86,115,000 $332,490 $6,071 6.72%
    80-100% 825 $263,615,000 $319,533 $8,551 6.36%
    Over 100% 27 $9,565,000 $354,259 $13,121 6.18%
    Under 20% 12 $470,000 $39,167 $1,078 5.24%