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, Payson, Cleveland, Kahului, and Urban Honolulu among others. We have data for 9 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 an above average pick rate when compared to similar lenders.

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Originations

83

Origination Dollar Volume (All Markets)

$16,285,000

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) 49 $11,115,000 $226,837 $0 9.85%
Payson, AZ (FHA|USDA|VA) 11 $2,745,000 $249,545 $0 10.00%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 15 $725,000 $48,333 $0 10.33%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 2 $450,000 $225,000 $0 8.75%
URBAN HONOLULU, HI (FHA|USDA|VA) 1 $355,000 $355,000 $0 10.00%
TUCSON, AZ (FHA|USDA|VA) 2 $350,000 $175,000 $0 10.00%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $245,000 $245,000 $0 10.00%
Show Low, AZ (FHA|USDA|VA) 1 $225,000 $225,000 $0 10.00%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $75,000 $75,000 $0 10.00%
Hilton Financial Corporation's top markets include Phoenix, Payson, Cleveland, Kahului, and Urban Honolulu among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 83 $16,285,000 $196,205 $0 9.94%

    For 2021, Hilton Financial Corporation's most frequently originated type of loan was Conventional, with 83 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 63 $13,675,000 $217,063 $0 9.72%
    Home Purchase 20 $2,610,000 $130,500 $0 10.63%

    For 2021, Hilton Financial Corporation's most frequently cited loan purpose was Refi, with 63 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 46 $9,460,000 $205,652 $0 9.89%
    3 Year 34 $4,900,000 $144,118 $0 10.00%
    Other 3 $1,925,000 $641,667 $0 10.00%

    For 2021, Hilton Financial Corporation's most frequently cited loan duration was 1 Year, with 46 originations. The 2nd most popular length was 3 Year, with 34 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 76 $14,830,000 $195,132
    7-8% 7 $1,455,000 $207,857

    During 2021, 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 76 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 35 $9,335,000 $266,714 $0 9.94%
    $100k-200k 25 $3,865,000 $154,600 $0 9.54%
    $100,000 or less 20 $970,000 $48,500 $0 10.30%
    $400k-600k 2 $910,000 $455,000 $0 10.25%
    $1MM+ 1 $1,205,000 $1,205,000 $0 12.00%

    2021 saw Hilton Financial Corporation place emphasis on $200k-400k loans with 35 originations, totaling $9,335,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 62 $12,690,000 $204,677 $0 10.00%
    Not provided 13 $2,335,000 $179,615 $0 9.62%
    Black 6 $760,000 $126,667 $0 10.00%
    Asian 2 $500,000 $250,000 $0 10.00%

    Approval Rates

    Total approvals of all applications
    97.75%

    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
    95.18%

    Hilton Financial Corporation has an exceptionally high pick rate. They most likely have borrower friendly terms or other characteristics like being fast to close or are easy to work with.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 83 $16,285,000 $196,205

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    83 $16,285,000 $196,205

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 9 $2,555,000 $283,889 $0 9.72%
    40-60% 33 $4,705,000 $142,576 $0 9.79%
    60-80% 40 $8,670,000 $216,750 $0 10.11%
    Over 100% 1 $355,000 $355,000 $0 10.00%