Hilton Financial Corporation Mortgage Rates, Fees & Info

PHOENIX, AZ

LEI: 254900N860L1FESYGP70

Tax ID: 86-0599790

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Mortgage Data

Review & Overview

Hilton Financial Corporation is a smaller mortgage company specializing in Refi and Home Purchase loans. Hilton Financial Corporation has a high proportion of conventional loans. Their top markets by origination volume include: Phoenix, Prescott Valley, Payson, Urban Honolulu, and Show Low among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)

Hilton Financial Corporation 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.

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Originations

49

Origination Dollar Volume (All Markets)

$15,385,000

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
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 28 $8,810,000 $314,643 $0 11.43%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 6 $2,080,000 $346,667 $0 11.00%
Payson, AZ (FHA|USDA|VA) 5 $1,525,000 $305,000 $0 10.40%
URBAN HONOLULU, HI (FHA|USDA|VA) 1 $1,505,000 $1,505,000 $0 12.50%
Show Low, AZ (FHA|USDA|VA) 2 $640,000 $320,000 $0 12.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $330,000 $165,000 $0 11.00%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $205,000 $205,000 $0 11.00%
AKRON, OH (FHA|USDA|VA) 1 $135,000 $135,000 $0 12.00%
TOLEDO, OH (FHA|USDA|VA) 2 $90,000 $45,000 $0 10.50%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $65,000 $65,000 $0 11.00%
Hilton Financial Corporation's top markets include Phoenix, Prescott Valley, Payson, Urban Honolulu, and Show Low among others.

Their top states include:
  • Arizona (FHA|USDA|VA)
  • Hawaii (FHA|USDA|VA)
  • Ohio (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 49 $15,385,000 $313,980 $0 11.26%

    For 2023, Hilton Financial Corporation's most frequently originated type of loan was Conventional, with 49 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 31 $11,065,000 $356,935 $0 11.50%
    Home Purchase 18 $4,320,000 $240,000 $0 10.83%

    For 2023, Hilton Financial Corporation's most frequently cited loan purpose was Refi, with 31 originations. The 2nd most popular reason was Home Purchase, with 18 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    1 Year 25 $7,515,000 $300,600 $0 10.96%
    3 Year 17 $3,535,000 $207,941 $0 10.82%
    Other 7 $4,335,000 $619,286 $0 13.36%

    For 2023, Hilton Financial Corporation's most frequently cited loan duration was 1 Year, with 25 originations. The 2nd most popular length was 3 Year, with 17 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 49 $15,385,000 $313,980

    During 2023, Hilton Financial Corporation's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 49 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 21 $6,045,000 $287,857 $0 11.05%
    $100k-200k 9 $1,335,000 $148,333 $0 10.89%
    $400k-600k 9 $4,415,000 $490,556 $0 11.67%
    $100,000 or less 7 $385,000 $55,000 $0 11.14%
    $1MM+ 2 $2,510,000 $1,255,000 $0 13.25%
    $600k-1MM 1 $695,000 $695,000 $0 12.00%

    2023 saw Hilton Financial Corporation place emphasis on $200k-400k loans with 21 originations, totaling $6,045,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 24 $8,230,000 $342,917 $0 11.67%
    Not provided 21 $5,285,000 $251,667 $0 10.71%
    Asian 1 $1,505,000 $1,505,000 $0 12.50%
    Black 3 $365,000 $121,667 $0 11.33%

    Approval Rates

    Total approvals of all applications
    100.00%

    Hilton Financial Corporation 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
    83.67%

    Hilton Financial Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 49 $15,385,000 $313,980

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    49 $15,385,000 $313,980

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 2 $710,000 $355,000 $0 12.50%
    40-60% 18 $5,600,000 $311,111 $0 11.75%
    60-80% 27 $7,995,000 $296,111 $0 10.70%
    Under 20% 2 $1,080,000 $540,000 $0 13.00%