Advantis Mortgage Rates, Fees & Info
Milwaukie, ORLEI: 254900MNIT450KPDA114
Tax ID: 93-0251640
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Mortgage Data
Review & Overview
Advantis is a smaller mortgage company specializing in Home Purchase, Cash Out Refi, and Refi loans. Advantis has a high proportion of conventional loans. Their top markets by origination volume include: Portland, Salem, San Jose, Seattle, and Astoria among others. We have data for 52 markets. (Some data included below & more in-depth data is available with an active subscription.)Advantis 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. Advantis is typically a low 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.32% | 4/22/24 |
| 30 Year Conventional Purchase | 6.23% | 4/22/24 |
| 30 Year Conventional Refi | 6.23% | 4/22/24 |
| 30 Year Cash-out Refi | 6.36% | 4/22/24 |
| 30 Year FHA Purchase | 6.27% | 4/22/24 |
| 15 Year Conventional Purchase | 6.05% | 4/22/24 |
| 15 Year Conventional Refi | 6.20% | 4/22/24 |
| 15 Year Cash-out Refi | 6.20% | 4/22/24 |
| 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. | ||
Advantis Mortgage Calculator
Your Estimates
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This is not an official calculator from Advantis. 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
1,786Origination Dollar Volume (All Markets)
$382,730,000Top 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 |
|---|---|---|---|---|---|
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1,444 | $319,720,000 | $221,413 | $4,111 | 3.39% |
| SALEM, OR (FHA|USDA|VA) | 39 | $7,955,000 | $203,974 | $4,515 | 3.69% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 31 | $6,295,000 | $203,065 | $0 | 5.60% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 22 | $4,810,000 | $218,636 | $3,498 | 3.66% |
| Astoria, OR (FHA|USDA|VA) | 16 | $4,130,000 | $258,125 | $4,636 | 3.34% |
| Outside of Metro Areas | 19 | $3,955,000 | $208,158 | $3,878 | 3.22% |
| BEND, OR (FHA|USDA|VA) | 18 | $3,700,000 | $205,556 | $3,767 | 3.35% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 25 | $3,525,000 | $141,000 | $0 | 5.71% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 12 | $2,740,000 | $228,333 | $4,943 | 3.87% |
| BELLINGHAM, WA (FHA|USDA|VA) | 11 | $2,715,000 | $246,818 | $4,153 | 3.61% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 13 | $2,005,000 | $154,231 | $0 | 5.73% |
| LONGVIEW, WA (FHA|USDA|VA) | 10 | $1,730,000 | $173,000 | $3,672 | 3.70% |
| Hood River, OR (FHA|USDA|VA) | 8 | $1,730,000 | $216,250 | $3,802 | 3.51% |
| CORVALLIS, OR (FHA|USDA|VA) | 6 | $1,570,000 | $261,667 | $4,765 | 4.00% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 9 | $1,465,000 | $162,778 | $0 | 5.72% |
| Port Angeles, WA (FHA|USDA|VA) | 5 | $1,335,000 | $267,000 | $3,184 | 3.25% |
| Newport, OR (FHA|USDA|VA) | 8 | $1,310,000 | $163,750 | $3,214 | 3.09% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 2 | $880,000 | $440,000 | $0 | 4.88% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 4 | $850,000 | $212,500 | $3,818 | 3.43% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 9 | $815,000 | $90,556 | $0 | 5.50% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 10 | $760,000 | $76,000 | $0 | 5.65% |
| GRANTS PASS, OR (FHA|USDA|VA) | 4 | $760,000 | $190,000 | $4,211 | 4.06% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $3,282 | 3.41% |
| MEDFORD, OR (FHA|USDA|VA) | 4 | $710,000 | $177,500 | $3,803 | 3.63% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $3,551 | 3.08% |
| Prineville, OR (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $3,236 | 4.03% |
| STOCKTON, CA (FHA|USDA|VA) | 5 | $585,000 | $117,000 | $0 | 5.65% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $3,078 | 4.13% |
| Coos Bay, OR (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $4,156 | 3.93% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 6 | $430,000 | $71,667 | $0 | 5.96% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $0 | 5.67% |
| The Dalles, OR (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $3,542 | 3.96% |
| YAKIMA, WA (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $2,972 | 4.31% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 5.63% |
| Centralia, WA (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $4,575 | 3.56% |
| NAPA, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 5.75% |
| Ontario, OR-ID (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,175 | 2.88% |
| WENATCHEE, WA (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 4.87% |
| Ellensburg, WA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,316 | 2.50% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 5.50% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.99% |
| Brookings, OR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.99% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.50% |
| MADERA, CA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.50% |
| CHICO, CA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.50% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 6.25% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 6.15% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 5.75% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.25% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.00% |
| REDDING, CA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 4.15% |
Similar Lenders
We use machine learning to identify the top lenders compared against ADVANTIS based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,111 | $311,265,000 | $280,167 | $4,096 | 3.26% |
| HELOC | 675 | $71,465,000 | $105,874 | n/a | 4.08% |
For 2021, Advantis's most frequently originated type of loan was Conventional, with 1,111 originations. Their 2nd most popular type was HELOC, with 675 originations.
Loan Reason
For 2021, Advantis's most frequently cited loan purpose was Home Improvement, with 486 originations. The 2nd most popular reason was Home Purchase, with 394 originations.
Loan Duration/Length
For 2021, Advantis's most frequently cited loan duration was 30 Year, with 1,311 originations. The 2nd most popular length was 15 Year, with 229 originations.
Origination Fees/Closing Costs
Advantis's average total fees were $4,477, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 444 originations.
Interest Rates
During 2021, Advantis's average interest rate for loans was 3.59%, while their most frequently originated rate bucket for loans was 3-4%, with 820 originations.
Loan Sizing
2021 saw Advantis place emphasis on $200k-400k loans with 629 originations, totaling $182,135,000 in origination value.
Applicant Income
Advantis lent most frequently to those with incomes in the $100k-150k range, with 528 originations. The second most popular income band? $150k-250k, with 381 originations.
Applicant Debt to Income Ratio
Advantis lent most frequently to those with DTI ratios of 20-30%, with 434 originations. The next most common DTI ratio? 30-36%, with 365 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.34%
Advantis has an average approval rate.
Pick Rate
Approvals leading to origination70.16%
Advantis has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 10041.3 | 1 | $305,000 | $305,000 |
| 10557.0 | 1 | $315,000 | $315,000 |
| 11199.0 | 1 | $335,000 | $335,000 |
| 12564.65 | 1 | $385,000 | $385,000 |
| 1779.39 | 1 | $35,000 | $35,000 |
| 2070.0 | 1 | $45,000 | $45,000 |
| 2111.44 | 1 | $45,000 | $45,000 |
| 2160.92 | 1 | $45,000 | $45,000 |
| 2557.04 | 1 | $55,000 | $55,000 |
| 2662.03 | 1 | $55,000 | $55,000 |
| 2667.0 | 1 | $55,000 | $55,000 |
| 2672.69 | 1 | $55,000 | $55,000 |
| 2731.94 | 1 | $55,000 | $55,000 |
| 2754.0 | 1 | $55,000 | $55,000 |
| 2766.0 | 1 | $55,000 | $55,000 |
| 2874.83 | 1 | $65,000 | $65,000 |
| 2876.66 | 1 | $65,000 | $65,000 |
| 2977.46 | 1 | $85,000 | $85,000 |
| 2997.0 | 1 | $65,000 | $65,000 |
| 3000.0 | 2 | $130,000 | $65,000 |
| 3007.0 | 1 | $75,000 | $75,000 |
| 3039.0 | 1 | $65,000 | $65,000 |
| 3075.04 | 1 | $65,000 | $65,000 |
| 3110.78 | 1 | $75,000 | $75,000 |
| 3115.68 | 1 | $75,000 | $75,000 |
| 3159.0 | 2 | $150,000 | $75,000 |
| 3232.0 | 1 | $95,000 | $95,000 |
| 3278.5 | 1 | $75,000 | $75,000 |
| 3279.0 | 1 | $75,000 | $75,000 |
| 3284.35 | 1 | $75,000 | $75,000 |
| 3292.2 | 1 | $75,000 | $75,000 |
| 3309.68 | 1 | $75,000 | $75,000 |
| 3324.0 | 1 | $75,000 | $75,000 |
| 3399.0 | 3 | $255,000 | $85,000 |
| 3429.0 | 1 | $85,000 | $85,000 |
| 3471.0 | 1 | $85,000 | $85,000 |
| 3471.91 | 1 | $85,000 | $85,000 |
| 3519.0 | 1 | $75,000 | $75,000 |
| 3550.0 | 1 | $85,000 | $85,000 |
| 3576.2 | 1 | $85,000 | $85,000 |
| 3583.53 | 1 | $85,000 | $85,000 |
| 3613.33 | 1 | $85,000 | $85,000 |
| 3618.84 | 1 | $85,000 | $85,000 |
| 3635.05 | 1 | $85,000 | $85,000 |
| 3639.0 | 1 | $85,000 | $85,000 |
| 3759.0 | 2 | $180,000 | $90,000 |
| 3804.0 | 1 | $95,000 | $95,000 |
| 3895.25 | 1 | $95,000 | $95,000 |
| 3898.27 | 1 | $95,000 | $95,000 |
| 3899.42 | 1 | $95,000 | $95,000 |
| 3921.35 | 1 | $95,000 | $95,000 |
| 3947.89 | 1 | $95,000 | $95,000 |
| 3999.0 | 1 | $105,000 | $105,000 |
| 4019.22 | 1 | $105,000 | $105,000 |
| 4039.0 | 1 | $145,000 | $145,000 |
| 4131.0 | 1 | $105,000 | $105,000 |
| 4149.0 | 1 | $105,000 | $105,000 |
| 4167.0 | 1 | $105,000 | $105,000 |
| 4175.97 | 1 | $105,000 | $105,000 |
| 4179.0 | 1 | $105,000 | $105,000 |
| 4212.0 | 1 | $105,000 | $105,000 |
| 4220.84 | 1 | $105,000 | $105,000 |
| 4239.0 | 1 | $105,000 | $105,000 |
| 4374.0 | 1 | $115,000 | $115,000 |
| 4449.0 | 1 | $115,000 | $115,000 |
| 4494.91 | 1 | $115,000 | $115,000 |
| 4599.0 | 2 | $250,000 | $125,000 |
| 4610.91 | 1 | $125,000 | $125,000 |
| 4669.27 | 1 | $125,000 | $125,000 |
| 4779.0 | 1 | $125,000 | $125,000 |
| 4928.25 | 1 | $135,000 | $135,000 |
| 4957.33 | 1 | $135,000 | $135,000 |
| 4959.0 | 1 | $135,000 | $135,000 |
| 4992.4 | 1 | $135,000 | $135,000 |
| 4999.82 | 1 | $145,000 | $145,000 |
| 5030.04 | 1 | $135,000 | $135,000 |
| 5031.0 | 1 | $135,000 | $135,000 |
| 5089.86 | 1 | $135,000 | $135,000 |
| 5102.03 | 1 | $135,000 | $135,000 |
| 5184.0 | 1 | $135,000 | $135,000 |
| 5199.0 | 2 | $290,000 | $145,000 |
| 5318.07 | 1 | $145,000 | $145,000 |
| 5319.0 | 1 | $145,000 | $145,000 |
| 5350.26 | 1 | $145,000 | $145,000 |
| 5391.91 | 1 | $145,000 | $145,000 |
| 5649.0 | 2 | $310,000 | $155,000 |
| 5695.18 | 1 | $155,000 | $155,000 |
| 5705.02 | 1 | $155,000 | $155,000 |
| 5709.0 | 1 | $155,000 | $155,000 |
| 5799.0 | 1 | $165,000 | $165,000 |
| 5919.0 | 1 | $165,000 | $165,000 |
| 5943.98 | 1 | $165,000 | $165,000 |
| 6030.33 | 1 | $165,000 | $165,000 |
| 6039.0 | 2 | $330,000 | $165,000 |
| 6046.8 | 1 | $165,000 | $165,000 |
| 6055.44 | 1 | $165,000 | $165,000 |
| 6099.0 | 1 | $175,000 | $175,000 |
| 6129.0 | 1 | $175,000 | $175,000 |
| 6159.0 | 1 | $175,000 | $175,000 |
| 6168.91 | 1 | $175,000 | $175,000 |
| 6249.0 | 1 | $175,000 | $175,000 |
| 6317.13 | 1 | $175,000 | $175,000 |
| 6401.7 | 1 | $185,000 | $185,000 |
| 6630.44 | 1 | $185,000 | $185,000 |
| 6759.0 | 1 | $195,000 | $195,000 |
| 6769.07 | 1 | $195,000 | $195,000 |
| 6807.0 | 1 | $195,000 | $195,000 |
| 6950.25 | 1 | $195,000 | $195,000 |
| 6987.09 | 1 | $195,000 | $195,000 |
| 6988.95 | 1 | $195,000 | $195,000 |
| 6999.0 | 2 | $410,000 | $205,000 |
| 7110.16 | 1 | $205,000 | $205,000 |
| 7348.5 | 1 | $215,000 | $215,000 |
| 7449.0 | 1 | $215,000 | $215,000 |
| 7479.0 | 1 | $215,000 | $215,000 |
| 7599.0 | 1 | $225,000 | $225,000 |
| 7695.0 | 1 | $225,000 | $225,000 |
| 7869.0 | 1 | $225,000 | $225,000 |
| 7896.0 | 1 | $225,000 | $225,000 |
| 8199.0 | 2 | $490,000 | $245,000 |
| 8319.0 | 1 | $245,000 | $245,000 |
| 8618.18 | 1 | $255,000 | $255,000 |
| 8769.0 | 1 | $255,000 | $255,000 |
| 8919.0 | 1 | $265,000 | $265,000 |
| 9072.0 | 1 | $265,000 | $265,000 |
| 9394.2 | 1 | $275,000 | $275,000 |
| 9612.0 | 1 | $285,000 | $285,000 |
| 999.0 | 8 | $580,000 | $72,500 |
| NA | 1,640 | $363,290,000 | $221,518 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Advantage Credit, Inc. | Conventional home mortgage | Trouble during payment process | 1 | 100.0% |