Home Mortgage Alliance Corp Rates, Fees & Info
Santa Ana, CALEI: 254900LTD432L5CHIZ48
Tax ID: 46-3331326
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Home Mortgage Alliance Corp is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Home Mortgage Alliance Corp has a high proportion of conventional loans. They have a a high proportion of FHA 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: Los Angeles, Riverside, Miami, Baltimore, and San Francisco among others. We have data for 72 markets. (Some data included below & more in-depth data is available with an active subscription.)Home Mortgage Alliance Corp 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. Home Mortgage Alliance Corp 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 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.
Originations
625Origination Dollar Volume (All Markets)
$194,355,000Awards
Home Mortgage Alliance Corp - 2018
Home Mortgage Alliance Corp is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
Work for Home Mortgage Alliance Corp?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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) | 173 | $78,125,000 | $451,590 | $12,671 | 4.95% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 112 | $35,410,000 | $316,161 | $10,298 | 5.03% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 65 | $15,675,000 | $241,154 | $7,644 | 5.33% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 54 | $9,750,000 | $180,556 | $6,743 | 5.23% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 16 | $5,970,000 | $373,125 | $11,933 | 5.28% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 11 | $4,795,000 | $435,909 | $12,655 | 5.06% |
| RICHMOND, VA (FHA|USDA|VA) | 25 | $4,765,000 | $190,600 | $8,439 | 5.36% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 23 | $4,295,000 | $186,739 | $6,496 | 5.23% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 12 | $2,820,000 | $235,000 | $8,763 | 5.16% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 8 | $2,810,000 | $351,250 | $9,734 | 5.23% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 11 | $2,395,000 | $217,727 | $7,843 | 5.03% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 10 | $2,270,000 | $227,000 | $6,749 | 4.88% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 10 | $1,930,000 | $193,000 | $7,480 | 5.15% |
| STOCKTON, CA (FHA|USDA|VA) | 6 | $1,730,000 | $288,333 | $8,286 | 6.37% |
| VALLEJO, CA (FHA|USDA|VA) | 3 | $1,405,000 | $468,333 | $14,152 | 5.92% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 3 | $1,375,000 | $458,333 | $13,249 | 5.75% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 4 | $940,000 | $235,000 | $11,637 | 4.75% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $10,448 | 5.08% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $6,199 | 5.31% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $8,276 | 5.13% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $11,388 | 4.94% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $10,920 | 4.67% |
| SALINAS, CA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $13,303 | 5.38% |
| MODESTO, CA (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $9,923 | 5.38% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $8,436 | 4.96% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $10,403 | 5.03% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $9,871 | 4.25% |
| BELLINGHAM, WA (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $12,536 | 5.38% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $9,844 | 5.56% |
| SALEM, OR (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $9,075 | 4.87% |
| EL CENTRO, CA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $6,919 | 4.38% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $10,877 | 5.38% |
| BOULDER, CO (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $3,231 | 5.25% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $5,409 | 5.19% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $9,718 | 4.69% |
| YAKIMA, WA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $10,283 | 5.06% |
| Outside of Metro Areas | 2 | $360,000 | $180,000 | $5,885 | 5.13% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $8,292 | 5.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $13,448 | 4.25% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $12,649 | 5.75% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $6,190 | 6.06% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $11,548 | 5.63% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $11,996 | 5.00% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,967 | 5.75% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,226 | 5.13% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,906 | 4.50% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $13,157 | 4.88% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,581 | 4.88% |
| MERCED, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $7,685 | 5.63% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $9,154 | 5.00% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,469 | 4.63% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,827 | 5.00% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,860 | 4.50% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,964 | 5.00% |
| MADERA, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $12,399 | 4.75% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $9,702 | 5.50% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $10,093 | 4.75% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,865 | 4.88% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $11,322 | 5.25% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,997 | 5.50% |
| Cañon City, CO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,575 | 4.63% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,902 | 4.88% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,386 | 4.88% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,590 | 5.50% |
| FRESNO, CA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,694 | 5.75% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,023 | 5.63% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,532 | 5.50% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,447 | 5.38% |
| Milledgeville, GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,112 | 5.38% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,526 | 4.50% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,135 | 4.75% |
| REDDING, CA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,021 | 5.63% |
Similar Lenders
We use machine learning to identify the top lenders compared against Home Mortgage Alliance Corp based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 32
Similarity Rank: 37
Similarity Rank: 51
Similarity Rank: 51
Similarity Rank: 54
Similarity Rank: 55
Similarity Rank: 63
Similarity Rank: 108
Similarity Rank: 116
Similarity Rank: 123
Product Mix
For 2018, Home Mortgage Alliance Corp's most frequently originated type of loan was Conventional, with 311 originations. Their 2nd most popular type was FHA, with 273 originations.
Loan Reason
For 2018, Home Mortgage Alliance Corp's most frequently cited loan purpose was Home Purchase, with 383 originations. The 2nd most popular reason was Cash Out Refi, with 198 originations.
Loan Duration/Length
For 2018, Home Mortgage Alliance Corp's most frequently cited loan duration was 30 Year, with 601 originations. The 2nd most popular length was Other, with 10 originations.
Origination Fees/Closing Costs
Home Mortgage Alliance Corp's average total fees were $9,935, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 271 originations.
Interest Rates
During 2018, Home Mortgage Alliance Corp's average interest rate for loans was 5.12%, while their most frequently originated rate bucket for loans was 4-5%, with 310 originations.
Loan Sizing
2018 saw Home Mortgage Alliance Corp place emphasis on $200k-400k loans with 301 originations, totaling $87,175,000 in origination value.
Applicant Income
Home Mortgage Alliance Corp lent most frequently to those with incomes in the $50k-75k range, with 179 originations. The second most popular income band? $75k-100k, with 144 originations.
Applicant Debt to Income Ratio
Home Mortgage Alliance Corp lent most frequently to those with DTI ratios of 50-60%, with 154 originations. The next most common DTI ratio? 30-36%, with 68 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.34%
Home Mortgage Alliance Corp has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination41.76%
Home Mortgage Alliance Corp 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 | 625 | $194,355,000 | $310,968 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 9 | $2,385,000 | $265,000 |
| Single Family (1-4 Units):Site-Built | 616 | $191,970,000 | $311,640 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2018 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Home Mortgage Alliance Corp. (HMAC) | Conventional home mortgage | Closing on a mortgage | 1 | 50.0% |
| Home Mortgage Alliance Corp. (HMAC) | Conventional home mortgage | Trouble during payment process | 1 | 50.0% |