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 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 Sierra Vista among others. We have data for 8 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

62

Origination Dollar Volume (All Markets)

$17,250,000

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) 40 $9,560,000 $239,000 $0 9.86%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 8 $2,610,000 $326,250 $0 9.56%
Payson, AZ (FHA|USDA|VA) 7 $2,275,000 $325,000 $0 9.86%
URBAN HONOLULU, HI (FHA|USDA|VA) 3 $1,975,000 $658,333 $0 10.50%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $295,000 $295,000 $0 10.00%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $275,000 $275,000 $0 9.00%
ST. GEORGE, UT (FHA|USDA|VA) 1 $205,000 $205,000 $0 10.00%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $55,000 $55,000 $0 10.00%
Hilton Financial Corporation's top markets include Phoenix, Prescott Valley, Payson, Urban Honolulu, and Sierra Vista among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 62 $17,250,000 $278,226 $0 9.85%

    For 2022, Hilton Financial Corporation's most frequently originated type of loan was Conventional, with 62 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 53 $15,705,000 $296,321 $0 9.83%
    Home Purchase 9 $1,545,000 $171,667 $0 9.94%

    For 2022, Hilton Financial Corporation's most frequently cited loan purpose was Refi, with 53 originations. The 2nd most popular reason was Home Purchase, with 9 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    1 Year 38 $11,480,000 $302,105 $0 10.11%
    3 Year 18 $3,710,000 $206,111 $0 9.42%
    Other 5 $1,965,000 $393,000 $0 10.00%
    5 Year 1 $95,000 $95,000 $0 7.00%

    For 2022, Hilton Financial Corporation's most frequently cited loan duration was 1 Year, with 38 originations. The 2nd most popular length was 3 Year, with 18 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 59 $16,825,000 $285,169
    6-7% 2 $170,000 $85,000
    7-8% 1 $255,000 $255,000

    During 2022, 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 59 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 32 $9,100,000 $284,375 $0 9.89%
    $100k-200k 17 $2,675,000 $157,353 $0 9.88%
    $100,000 or less 5 $355,000 $71,000 $0 8.80%
    $400k-600k 4 $1,970,000 $492,500 $0 10.00%
    $600k-1MM 4 $3,150,000 $787,500 $0 10.50%

    2022 saw Hilton Financial Corporation place emphasis on $200k-400k loans with 32 originations, totaling $9,100,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k or less 4 $660,000 $165,000 $0 9.88%
    $50k-75k 3 $625,000 $208,333 $0 10.00%
    $75k-100k 2 $260,000 $130,000 $0 10.00%

    Hilton Financial Corporation lent most frequently to those with incomes in the $50k or less range, with 4 originations. The second most popular income band? $50k-75k, with 3 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 34 $9,410,000 $276,765 $0 9.96%
    Not provided 23 $5,615,000 $244,130 $0 9.59%
    Asian 3 $1,975,000 $658,333 $0 10.50%
    Black 2 $250,000 $125,000 $0 10.00%

    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
    66.13%

    Hilton Financial Corporation 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 62 $17,250,000 $278,226

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    62 $17,250,000 $278,226

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 11 $2,535,000 $230,455 $0 10.14%
    40-60% 19 $5,245,000 $276,053 $0 9.74%
    60-80% 31 $8,485,000 $273,710 $0 9.79%
    80-100% 1 $985,000 $985,000 $0 10.50%