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, Flagstaff, Tucson, and Lake Havasu City 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 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

77

Origination Dollar Volume (All Markets)

$12,595,000

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) 46 $6,210,000 $135,000 $0 10.86%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 9 $3,595,000 $399,444 $0 10.11%
FLAGSTAFF, AZ (FHA|USDA|VA) 3 $1,525,000 $508,333 $0 11.17%
TUCSON, AZ (FHA|USDA|VA) 13 $855,000 $65,769 $0 9.08%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $175,000 $175,000 $0 12.00%
TOLEDO, OH (FHA|USDA|VA) 1 $65,000 $65,000 $0 10.00%
YUMA, AZ (FHA|USDA|VA) 1 $45,000 $45,000 $0 12.00%
Payson, AZ (FHA|USDA|VA) 1 $45,000 $45,000 $0 12.00%
Sandusky, OH (FHA|USDA|VA) 1 $45,000 $45,000 $0 10.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $35,000 $35,000 $0 10.00%
Hilton Financial Corporation's top markets include Phoenix, Prescott Valley, Flagstaff, Tucson, and Lake Havasu City among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 77 $12,595,000 $163,571 $0 10.49%

    For 2018, Hilton Financial Corporation's most frequently originated type of loan was Conventional, with 77 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 57 $9,615,000 $168,684 $0 10.08%
    Home Purchase 20 $2,980,000 $149,000 $0 11.68%

    For 2018, Hilton Financial Corporation's most frequently cited loan purpose was Refi, with 57 originations. The 2nd most popular reason was Home Purchase, with 20 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    1 Year 51 $10,435,000 $204,608 $0 11.45%
    3 Year 23 $2,015,000 $87,609 $0 8.59%
    5 Year 2 $80,000 $40,000 $0 8.25%
    10 Year 1 $65,000 $65,000 $0 10.00%

    For 2018, Hilton Financial Corporation's most frequently cited loan duration was 1 Year, with 51 originations. The 2nd most popular length was 3 Year, with 23 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 63 $11,635,000 $184,683
    7-8% 11 $795,000 $72,273
    6-7% 3 $165,000 $55,000

    During 2018, 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 63 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 40 $2,390,000 $59,750 $0 10.09%
    $100k-200k 17 $2,345,000 $137,941 $0 11.18%
    $200k-400k 13 $4,225,000 $325,000 $0 10.81%
    $400k-600k 6 $2,830,000 $471,667 $0 10.67%
    $600k-1MM 1 $805,000 $805,000 $0 10.00%

    2018 saw Hilton Financial Corporation place emphasis on $100,000 or less loans with 40 originations, totaling $2,390,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 59 $10,535,000 $178,559 $0 10.78%
    Not provided 15 $1,815,000 $121,000 $0 9.53%
    American Indian 1 $105,000 $105,000 $0 9.50%
    Asian 1 $105,000 $105,000 $0 9.50%
    Black 1 $35,000 $35,000 $0 10.00%

    Approval Rates

    Total approvals of all applications
    85.59%

    Hilton Financial Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    76.62%

    Hilton Financial Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 77 $12,595,000 $163,571

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Multifamily:Site-Built 1 $325,000 $325,000
    Single Family (1-4 Units):Manufactured 12 $1,930,000 $160,833
    Single Family (1-4 Units):Site-Built 64 $10,340,000 $161,563

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $265,000 $53,000 $0 10.20%
    40-60% 28 $3,080,000 $110,000 $0 10.20%
    60-80% 38 $8,930,000 $235,000 $0 10.84%
    80-100% 2 $150,000 $75,000 $0 12.00%
    Under 20% 4 $170,000 $42,500 $0 8.88%