Hilton Financial Corporation Mortgage Rates, Fees & Info
PHOENIX, AZLEI: 254900N860L1FESYGP70
Tax ID: 86-0599790
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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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
62Origination Dollar Volume (All Markets)
$17,250,000Top 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 |
|---|---|---|---|---|---|
| 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% |
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
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
2022 saw Hilton Financial Corporation place emphasis on $200k-400k loans with 32 originations, totaling $9,100,000 in origination value.
Applicant Income
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
Approval Rates
Total approvals of all applications100.00%
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 origination66.13%
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 |