Gallic & Johnson Mortgage Rates, Fees & Info

Eugene, OR

LEI: 254900M8453FLU1TS434

Tax ID: 27-1557165

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

Jump to:

Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Gallic & Johnson is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Gallic & Johnson has a high proportion of conventional loans. Their top markets by origination volume include: Eugene, Salem, Portland, Newport, and Coos Bay among others. We have data for 11 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Gallic & Johnson 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.

    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

    84

    Origination Dollar Volume (All Markets)

    $13,360,000

    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
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 44 $5,750,000 $130,682 $0 9.93%
    SALEM, OR (FHA|USDA|VA) 11 $1,945,000 $176,818 $0 9.81%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 8 $1,580,000 $197,500 $0 10.23%
    Newport, OR (FHA|USDA|VA) 5 $1,045,000 $209,000 $0 9.68%
    Coos Bay, OR (FHA|USDA|VA) 5 $805,000 $161,000 $0 10.10%
    MEDFORD, OR (FHA|USDA|VA) 1 $755,000 $755,000 $0 9.88%
    BEND, OR (FHA|USDA|VA) 4 $670,000 $167,500 $0 9.59%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $330,000 $165,000 $0 10.75%
    Roseburg, OR (FHA|USDA|VA) 2 $230,000 $115,000 $0 9.63%
    Klamath Falls, OR (FHA|USDA|VA) 1 $135,000 $135,000 $0 8.00%
    Outside of Metro Areas 1 $115,000 $115,000 $0 9.38%
    Gallic & Johnson's top markets include Eugene, Salem, Portland, Newport, and Coos Bay among others.

    Their top states include:
  • Oregon (FHA|USDA|VA)

    • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 84 $13,360,000 $159,048 $0 9.91%

    For 2018, Gallic & Johnson's most frequently originated type of loan was Conventional, with 84 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 41 $6,895,000 $168,171 $0 9.67%
    Cash Out Refi 39 $5,915,000 $151,667 $0 10.16%
    Refi 4 $550,000 $137,500 $0 9.88%

    For 2018, Gallic & Johnson's most frequently cited loan purpose was Home Purchase, with 41 originations. The 2nd most popular reason was Cash Out Refi, with 39 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    1 Year 39 $6,135,000 $157,308 $0 10.41%
    Other 30 $5,120,000 $170,667 $0 9.80%
    3 Year 12 $1,570,000 $130,833 $0 8.84%
    5 Year 2 $470,000 $235,000 $0 8.63%
    10 Year 1 $65,000 $65,000 $0 8.88%

    For 2018, Gallic & Johnson's most frequently cited loan duration was 1 Year, with 39 originations. The 2nd most popular length was Other, with 30 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 80 $12,920,000 $161,500
    7-8% 4 $440,000 $110,000

    During 2018, Gallic & Johnson's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 80 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 36 $4,930,000 $136,944 $0 9.92%
    $100,000 or less 26 $1,630,000 $62,692 $0 10.10%
    $200k-400k 17 $4,285,000 $252,059 $0 9.70%
    $400k-600k 4 $1,760,000 $440,000 $0 9.44%
    $600k-1MM 1 $755,000 $755,000 $0 9.88%

    2018 saw Gallic & Johnson place emphasis on $100k-200k loans with 36 originations, totaling $4,930,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 27 $3,325,000 $123,148 $0 10.15%
    $50k or less 13 $1,865,000 $143,462 $0 9.85%
    $150k-250k 12 $1,720,000 $143,333 $0 9.52%
    $75k-100k 11 $1,445,000 $131,364 $0 10.17%
    $100k-150k 9 $1,625,000 $180,556 $0 9.83%
    $250k+ 7 $2,915,000 $416,429 $0 9.39%

    Gallic & Johnson lent most frequently to those with incomes in the $50k-75k range, with 27 originations. The second most popular income band? $50k or less, with 13 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    <20% 21 $3,725,000 $177,381 $0 9.68%
    20-30% 16 $2,170,000 $135,625 $0 10.05%
    >60% 14 $2,290,000 $163,571 $0 10.15%
    50-60% 9 $1,105,000 $122,778 $0 10.07%
    48% 4 $670,000 $167,500 $0 9.78%
    30-36% 3 $665,000 $221,667 $0 9.04%
    46% 2 $170,000 $85,000 $0 10.69%
    38% 2 $270,000 $135,000 $0 8.31%
    37% 1 $155,000 $155,000 $0 12.00%
    45% 1 $435,000 $435,000 $0 9.00%
    49% 1 $105,000 $105,000 $0 9.88%
    41% 1 $205,000 $205,000 $0 12.38%
    40% 1 $275,000 $275,000 $0 9.88%

    Gallic & Johnson lent most frequently to those with DTI ratios of <20%, with 21 originations. The next most common DTI ratio? 20-30%, with 16 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not provided 44 $7,360,000 $167,273 $0 9.95%
    White 38 $5,880,000 $154,737 $0 9.82%
    Filipino 1 $65,000 $65,000 $0 8.88%
    Not applicable 1 $55,000 $55,000 $0 12.00%

    Approval Rates

    Total approvals of all applications
    93.86%

    Gallic & Johnson has an average approval rate.

    Pick Rate

    Approvals leading to origination
    73.81%

    Gallic & Johnson has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 84 $13,360,000 $159,048

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 17 $1,945,000 $114,412
    Single Family (1-4 Units):Site-Built 67 $11,415,000 $170,373

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 11 $1,445,000 $131,364 $0 9.94%
    40-60% 18 $2,320,000 $128,889 $0 10.25%
    60-80% 14 $3,090,000 $220,714 $0 9.97%
    80-100% 23 $4,445,000 $193,261 $0 9.28%
    Over 100% 8 $1,580,000 $197,500 $0 10.28%
    Under 20% 10 $480,000 $48,000 $0 10.30%