Strong Home Mortgage Rates, Fees & Info

Richmond, VA

LEI: 254900O28OG3UMHXQY81

Tax ID: 82-2650124

5 stars - out of 5 stars, based on 114 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Strong Home Mortgage is a mid-sized mortgage company specializing in Refi and Cash Out Refi loans. Strong Home Mortgage has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Washington, Seattle, Los Angeles, San Francisco, and Phoenix among others. Strong Home Mortgage has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Strong Home Mortgage is typically a low fee lendor.


Originations

13,064

Origination Dollar Volume (All Markets)

$5,094,180,000
Show all (166) awards

Relative Rate

Strong Home Mortgage 's average 30 year fixed rate mortgage of loans were 2.88%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.27%.

Relative Fees

Strong Home Mortgage 's average total fees for a 30 year fixed rate mortgage are $2,294.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 1,145 $516,355,000 $450,965 $2,182 2.69%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 904 $410,180,000 $453,739 $2,035 2.73%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 769 $364,725,000 $474,285 $1,922 2.73%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 473 $239,615,000 $506,586 $1,735 2.68%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 613 $211,225,000 $344,576 $1,844 2.84%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 424 $196,750,000 $464,033 $1,922 2.75%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 454 $154,630,000 $340,595 $2,687 2.84%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 404 $153,750,000 $380,569 $1,994 2.79%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 375 $140,205,000 $373,880 $2,474 2.74%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 329 $132,325,000 $402,204 $2,292 2.71%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 316 $126,880,000 $401,519 $1,875 2.75%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 211 $114,395,000 $542,156 $1,620 2.67%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 263 $104,065,000 $395,684 $1,732 2.78%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 276 $96,840,000 $350,870 $2,485 2.85%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 258 $90,220,000 $349,690 $2,947 2.74%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 250 $84,150,000 $336,600 $2,839 2.80%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 238 $76,400,000 $321,008 $1,435 2.73%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 184 $69,870,000 $379,728 $2,047 2.65%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 165 $61,205,000 $370,939 $2,934 2.84%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 174 $57,630,000 $331,207 $2,055 2.74%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 152 $53,510,000 $352,039 $1,457 2.74%
SALT LAKE CITY, UT (FHA|USDA|VA) 129 $50,305,000 $389,961 $2,251 2.78%
RALEIGH-CARY, NC (FHA|USDA|VA) 146 $49,540,000 $339,315 $1,339 2.72%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 108 $49,190,000 $455,463 $1,908 2.65%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 128 $48,500,000 $378,906 $1,428 2.78%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 99 $44,885,000 $453,384 $1,385 2.69%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 120 $40,920,000 $341,000 $2,488 2.87%
Outside of Metro Areas 125 $39,935,000 $319,480 $2,736 2.81%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 116 $39,550,000 $340,948 $2,157 2.81%
FRESNO, CA (FHA|USDA|VA) 106 $34,670,000 $327,075 $1,722 2.80%
STOCKTON, CA (FHA|USDA|VA) 86 $33,920,000 $394,419 $1,793 2.79%
JACKSONVILLE, FL (FHA|USDA|VA) 74 $26,140,000 $353,243 $2,513 2.79%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 73 $25,455,000 $348,699 $2,945 2.71%
RICHMOND, VA (FHA|USDA|VA) 69 $24,755,000 $358,768 $1,849 2.69%
PROVO-OREM, UT (FHA|USDA|VA) 60 $24,370,000 $406,167 $2,294 2.81%
VALLEJO, CA (FHA|USDA|VA) 60 $23,420,000 $390,333 $2,549 2.84%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 55 $23,085,000 $419,727 $1,938 2.81%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 68 $22,950,000 $337,500 $3,616 2.65%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 72 $22,890,000 $317,917 $1,503 2.72%
BOISE CITY, ID (FHA|USDA|VA) 65 $22,745,000 $349,923 $3,401 2.78%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 61 $22,175,000 $363,525 $1,923 2.81%
TUCSON, AZ (FHA|USDA|VA) 72 $21,650,000 $300,694 $1,994 2.79%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 58 $20,800,000 $358,621 $1,610 2.80%
ALBUQUERQUE, NM (FHA|USDA|VA) 66 $20,680,000 $313,333 $2,717 2.73%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 57 $19,145,000 $335,877 $1,331 2.78%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 39 $18,435,000 $472,692 $3,257 2.62%
BEND, OR (FHA|USDA|VA) 48 $18,230,000 $379,792 $3,135 2.75%
MODESTO, CA (FHA|USDA|VA) 54 $16,680,000 $308,889 $2,032 2.78%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 46 $16,500,000 $358,696 $1,954 2.73%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 55 $16,455,000 $299,182 $1,229 2.91%
COLORADO SPRINGS, CO (FHA|USDA|VA) 44 $15,270,000 $347,045 $2,988 2.67%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 44 $15,230,000 $346,136 $1,246 2.75%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 40 $15,070,000 $376,750 $1,827 2.66%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 34 $15,050,000 $442,647 $1,613 2.70%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 35 $14,695,000 $419,857 $1,691 2.80%
PITTSBURGH, PA (FHA|USDA|VA) 44 $14,270,000 $324,318 $3,433 2.77%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 32 $14,000,000 $437,500 $3,017 2.71%
FORT COLLINS, CO (FHA|USDA|VA) 36 $12,510,000 $347,500 $1,808 2.83%
SALINAS, CA (FHA|USDA|VA) 26 $12,510,000 $481,154 $2,060 2.51%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 34 $12,420,000 $365,294 $1,221 2.70%
BAKERSFIELD, CA (FHA|USDA|VA) 38 $11,960,000 $314,737 $1,794 2.87%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 38 $11,730,000 $308,684 $2,912 2.96%
SALEM, OR (FHA|USDA|VA) 33 $11,365,000 $344,394 $3,247 2.72%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 34 $11,350,000 $333,824 $2,235 2.74%
KNOXVILLE, TN (FHA|USDA|VA) 29 $10,505,000 $362,241 $2,777 2.70%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 24 $10,310,000 $429,583 $1,772 2.64%
ANCHORAGE, AK (FHA|USDA|VA) 28 $10,170,000 $363,214 $1,784 2.69%
BOULDER, CO (FHA|USDA|VA) 26 $10,010,000 $385,000 $1,659 2.66%
URBAN HONOLULU, HI (FHA|USDA|VA) 21 $9,805,000 $466,905 $3,424 2.71%
GREELEY, CO (FHA|USDA|VA) 25 $9,585,000 $383,400 $2,116 2.79%
COLUMBUS, OH (FHA|USDA|VA) 25 $9,135,000 $365,400 $2,035 2.68%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 30 $9,130,000 $304,333 $1,883 2.71%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 25 $9,035,000 $361,400 $1,208 2.59%
VISALIA, CA (FHA|USDA|VA) 29 $8,835,000 $304,655 $2,369 2.89%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 26 $8,540,000 $328,462 $1,935 2.72%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 22 $8,540,000 $388,182 $2,582 2.79%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 26 $8,510,000 $327,308 $3,120 2.62%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 29 $8,455,000 $291,552 $2,224 2.70%
BELLINGHAM, WA (FHA|USDA|VA) 24 $8,030,000 $334,583 $1,081 2.85%
NAPA, CA (FHA|USDA|VA) 18 $7,830,000 $435,000 $1,555 2.67%
Heber, UT (FHA|USDA|VA) 15 $7,675,000 $511,667 $1,808 2.72%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 22 $7,660,000 $348,182 $1,411 2.54%
ST. GEORGE, UT (FHA|USDA|VA) 20 $7,330,000 $366,500 $1,779 2.95%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 19 $6,975,000 $367,105 $1,278 2.76%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 21 $6,975,000 $332,143 $2,186 2.72%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 19 $6,695,000 $352,368 $1,604 2.86%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 18 $6,660,000 $370,000 $1,774 2.73%
WILMINGTON, NC (FHA|USDA|VA) 19 $6,595,000 $347,105 $1,750 2.76%
CHICO, CA (FHA|USDA|VA) 19 $6,585,000 $346,579 $1,429 2.72%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 21 $6,535,000 $311,190 $1,853 2.78%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 19 $6,535,000 $343,947 $2,480 2.74%
OKLAHOMA CITY, OK (FHA|USDA|VA) 23 $6,405,000 $278,478 $2,957 2.59%
WINCHESTER, VA-WV (FHA|USDA|VA) 19 $6,325,000 $332,895 $2,621 2.69%
Truckee-Grass Valley, CA (FHA|USDA|VA) 14 $6,160,000 $440,000 $1,359 2.82%
Outside of Metro Areas 17 $6,105,000 $359,118 $3,890 2.89%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 19 $6,045,000 $318,158 $1,456 2.73%
PORT ST. LUCIE, FL (FHA|USDA|VA) 17 $5,815,000 $342,059 $5,382 2.76%
KANSAS CITY, MO-KS (FHA|USDA|VA) 20 $5,750,000 $287,500 $1,321 3.00%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 18 $5,650,000 $313,889 $2,260 2.84%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 12 $5,360,000 $446,667 $4,550 2.56%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 18 $5,340,000 $296,667 $1,834 2.68%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 17 $5,255,000 $309,118 $1,565 2.90%
COLUMBIA, SC (FHA|USDA|VA) 16 $5,050,000 $315,625 $2,795 2.73%
ANN ARBOR, MI (FHA|USDA|VA) 15 $4,965,000 $331,000 $1,583 2.79%
HUNTSVILLE, AL (FHA|USDA|VA) 19 $4,885,000 $257,105 $1,477 2.90%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 17 $4,875,000 $286,765 $876 2.67%
Oak Harbor, WA (FHA|USDA|VA) 14 $4,780,000 $341,429 $1,514 2.78%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 14 $4,570,000 $326,429 $1,500 2.68%
Hilo, HI (FHA|USDA|VA) 10 $4,280,000 $428,000 $2,578 2.71%
ASHEVILLE, NC (FHA|USDA|VA) 12 $4,280,000 $356,667 $2,708 2.88%
MADISON, WI (FHA|USDA|VA) 12 $4,100,000 $341,667 $1,627 2.59%
Eureka-Arcata, CA (FHA|USDA|VA) 11 $4,015,000 $365,000 $993 2.84%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 10 $4,000,000 $400,000 $4,944 2.76%
MERCED, CA (FHA|USDA|VA) 13 $3,935,000 $302,692 $2,279 2.96%
WENATCHEE, WA (FHA|USDA|VA) 12 $3,910,000 $325,833 $2,529 2.74%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 11 $3,895,000 $354,091 $984 2.81%
MEDFORD, OR (FHA|USDA|VA) 14 $3,790,000 $270,714 $2,191 2.84%
FLAGSTAFF, AZ (FHA|USDA|VA) 9 $3,775,000 $419,444 $1,203 2.57%
WINSTON-SALEM, NC (FHA|USDA|VA) 14 $3,760,000 $268,571 $1,576 2.72%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 11 $3,625,000 $329,545 $3,156 2.95%
CORVALLIS, OR (FHA|USDA|VA) 11 $3,505,000 $318,636 $2,078 2.53%
TULSA, OK (FHA|USDA|VA) 11 $3,485,000 $316,818 $2,429 2.59%
Port Angeles, WA (FHA|USDA|VA) 11 $3,465,000 $315,000 $1,685 2.84%
LANCASTER, PA (FHA|USDA|VA) 9 $3,335,000 $370,556 $5,206 2.74%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 9 $3,295,000 $366,111 $1,360 2.61%
LONGVIEW, WA (FHA|USDA|VA) 10 $3,290,000 $329,000 $983 3.04%
SPARTANBURG, SC (FHA|USDA|VA) 8 $3,270,000 $408,750 $1,764 2.67%
SPRINGFIELD, MA (FHA|USDA|VA) 11 $3,215,000 $292,273 $1,941 2.74%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 10 $3,130,000 $313,000 $1,290 2.86%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 7 $3,085,000 $440,714 $1,810 2.61%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 9 $3,015,000 $335,000 $3,605 2.69%
REDDING, CA (FHA|USDA|VA) 8 $2,980,000 $372,500 $961 2.89%
MADERA, CA (FHA|USDA|VA) 9 $2,955,000 $328,333 $1,255 2.72%
WORCESTER, MA-CT (FHA|USDA|VA) 7 $2,945,000 $420,714 $1,867 2.57%
TALLAHASSEE, FL (FHA|USDA|VA) 9 $2,865,000 $318,333 $1,899 2.74%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 7 $2,845,000 $406,429 $2,858 2.66%
Edwards, CO (FHA|USDA|VA) 7 $2,735,000 $390,714 $1,409 2.71%
SANTA FE, NM (FHA|USDA|VA) 7 $2,615,000 $373,571 $2,670 2.96%
Breckenridge, CO (FHA|USDA|VA) 6 $2,590,000 $431,667 $1,851 2.77%
BATON ROUGE, LA (FHA|USDA|VA) 9 $2,555,000 $283,889 $1,711 2.64%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 8 $2,500,000 $312,500 $2,893 2.63%
Sonora, CA (FHA|USDA|VA) 9 $2,485,000 $276,111 $2,154 2.79%
Shelton, WA (FHA|USDA|VA) 7 $2,485,000 $355,000 $2,658 2.73%
AKRON, OH (FHA|USDA|VA) 7 $2,455,000 $350,714 $973 2.46%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 8 $2,420,000 $302,500 $3,236 2.62%
Durango, CO (FHA|USDA|VA) 4 $2,260,000 $565,000 $3,400 2.63%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 4 $2,210,000 $552,500 $3,463 2.78%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 6 $2,170,000 $361,667 $1,041 2.62%
YUBA CITY, CA (FHA|USDA|VA) 8 $2,120,000 $265,000 $2,918 2.84%
TOLEDO, OH (FHA|USDA|VA) 8 $2,120,000 $265,000 $2,957 2.89%
OCALA, FL (FHA|USDA|VA) 7 $2,115,000 $302,143 $2,245 2.91%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 7 $2,105,000 $300,714 $2,372 3.04%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 9 $2,095,000 $232,778 $1,154 2.69%
SALISBURY, MD-DE (FHA|USDA|VA) 5 $2,085,000 $417,000 $2,557 2.73%
EL PASO, TX (FHA|USDA|VA) 8 $2,080,000 $260,000 $3,246 2.61%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 8 $2,020,000 $252,500 $2,157 2.50%
PANAMA CITY, FL (FHA|USDA|VA) 7 $2,015,000 $287,857 $2,499 2.95%
THE VILLAGES, FL (FHA|USDA|VA) 7 $1,965,000 $280,714 $2,327 2.80%
ROCHESTER, MN (FHA|USDA|VA) 7 $1,955,000 $279,286 $1,311 2.76%
Show Low, AZ (FHA|USDA|VA) 6 $1,950,000 $325,000 $1,906 2.92%
Centralia, WA (FHA|USDA|VA) 5 $1,925,000 $385,000 $1,609 2.50%
STATE COLLEGE, PA (FHA|USDA|VA) 6 $1,910,000 $318,333 $3,828 2.87%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 8 $1,840,000 $230,000 $2,941 3.03%
Roseburg, OR (FHA|USDA|VA) 6 $1,770,000 $295,000 $2,162 3.13%
Bozeman, MT (FHA|USDA|VA) 4 $1,760,000 $440,000 $2,680 2.63%
WALLA WALLA, WA (FHA|USDA|VA) 6 $1,700,000 $283,333 $2,311 2.73%
ALBANY-LEBANON, OR (FHA|USDA|VA) 5 $1,675,000 $335,000 $3,467 2.73%
Georgetown, SC (FHA|USDA|VA) 5 $1,665,000 $333,000 $1,927 2.73%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 6 $1,640,000 $273,333 $1,120 2.73%
LEWISTON, ID-WA (FHA|USDA|VA) 6 $1,580,000 $263,333 $3,094 2.83%
ROANOKE, VA (FHA|USDA|VA) 5 $1,545,000 $309,000 $1,512 2.42%
MONTGOMERY, AL (FHA|USDA|VA) 5 $1,535,000 $307,000 $1,061 2.75%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 5 $1,515,000 $303,000 $3,288 3.12%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 6 $1,500,000 $250,000 $2,877 2.98%
YAKIMA, WA (FHA|USDA|VA) 6 $1,470,000 $245,000 $2,775 2.64%
Ellensburg, WA (FHA|USDA|VA) 4 $1,470,000 $367,500 $889 2.69%
Sevierville, TN (FHA|USDA|VA) 4 $1,470,000 $367,500 $2,802 2.65%
Traverse City, MI (FHA|USDA|VA) 3 $1,465,000 $488,333 $514 2.38%
DAYTON-KETTERING, OH (FHA|USDA|VA) 5 $1,435,000 $287,000 $2,444 2.50%
Brainerd, MN (FHA|USDA|VA) 5 $1,395,000 $279,000 $1,784 3.10%
OCEAN CITY, NJ (FHA|USDA|VA) 4 $1,380,000 $345,000 $1,698 2.65%
LUBBOCK, TX (FHA|USDA|VA) 5 $1,375,000 $275,000 $3,303 3.07%
GRANTS PASS, OR (FHA|USDA|VA) 5 $1,365,000 $273,000 $4,974 2.72%
EAST STROUDSBURG, PA (FHA|USDA|VA) 5 $1,365,000 $273,000 $2,788 2.95%
JACKSONVILLE, NC (FHA|USDA|VA) 5 $1,355,000 $271,000 $2,591 3.18%
FAYETTEVILLE, NC (FHA|USDA|VA) 6 $1,330,000 $221,667 $3,473 3.00%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 5 $1,325,000 $265,000 $2,116 2.65%
SHERMAN-DENISON, TX (FHA|USDA|VA) 5 $1,325,000 $265,000 $2,595 3.02%
Key West, FL (FHA|USDA|VA) 3 $1,265,000 $421,667 $5,209 2.96%
Los Alamos, NM (FHA|USDA|VA) 3 $1,255,000 $418,333 $2,591 2.63%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 4 $1,230,000 $307,500 $2,288 2.87%
ROCKY MOUNT, NC (FHA|USDA|VA) 3 $1,205,000 $401,667 $953 2.96%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 5 $1,195,000 $239,000 $1,680 2.75%
Ontario, OR-ID (FHA|USDA|VA) 3 $1,195,000 $398,333 $2,859 2.88%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 4 $1,190,000 $297,500 $1,079 2.75%
Crossville, TN (FHA|USDA|VA) 3 $1,185,000 $395,000 $6,300 2.75%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $1,165,000 $388,333 $2,662 2.75%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 4 $1,150,000 $287,500 $932 2.66%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 4 $1,130,000 $282,500 $1,920 2.81%
GRAND JUNCTION, CO (FHA|USDA|VA) 3 $1,125,000 $375,000 $3,462 2.83%
LEBANON, PA (FHA|USDA|VA) 4 $1,110,000 $277,500 $2,527 2.72%
POCATELLO, ID (FHA|USDA|VA) 4 $1,110,000 $277,500 $3,082 2.78%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $1,105,000 $368,333 $1,882 2.96%
TYLER, TX (FHA|USDA|VA) 4 $1,090,000 $272,500 $2,728 3.22%
HARRISONBURG, VA (FHA|USDA|VA) 5 $1,035,000 $207,000 $1,907 2.70%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 4 $1,030,000 $257,500 $1,932 2.68%
GAINESVILLE, FL (FHA|USDA|VA) 3 $1,005,000 $335,000 $2,520 2.83%
BLOOMINGTON, IN (FHA|USDA|VA) 3 $1,005,000 $335,000 $1,293 2.79%
FORT WAYNE, IN (FHA|USDA|VA) 4 $990,000 $247,500 $3,258 2.88%
READING, PA (FHA|USDA|VA) 3 $985,000 $328,333 $2,090 2.67%
Sandpoint, ID (FHA|USDA|VA) 4 $980,000 $245,000 $2,925 3.00%
YORK-HANOVER, PA (FHA|USDA|VA) 3 $945,000 $315,000 $3,829 2.58%
Montrose, CO (FHA|USDA|VA) 3 $935,000 $311,667 $1,102 2.67%
LINCOLN, NE (FHA|USDA|VA) 4 $930,000 $232,500 $2,052 3.16%
STAUNTON, VA (FHA|USDA|VA) 4 $920,000 $230,000 $753 2.69%
Prineville, OR (FHA|USDA|VA) 2 $910,000 $455,000 $3,600 2.56%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $910,000 $455,000 $528 2.81%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 3 $905,000 $301,667 $920 2.75%
CLEVELAND, TN (FHA|USDA|VA) 2 $870,000 $435,000 $3,982 2.81%
IDAHO FALLS, ID (FHA|USDA|VA) 2 $870,000 $435,000 $4,976 3.38%
Hood River, OR (FHA|USDA|VA) 2 $870,000 $435,000 $3,432 2.56%
MISSOULA, MT (FHA|USDA|VA) 3 $865,000 $288,333 $2,626 3.04%
Hermiston-Pendleton, OR (FHA|USDA|VA) 2 $860,000 $430,000 $3,571 3.00%
Glenwood Springs, CO (FHA|USDA|VA) 3 $855,000 $285,000 $1,369 2.79%
MIDLAND, TX (FHA|USDA|VA) 3 $845,000 $281,667 $2,822 2.96%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 3 $835,000 $278,333 $1,018 2.66%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 4 $820,000 $205,000 $2,694 2.81%
Rockport, TX (FHA|USDA|VA) 2 $800,000 $400,000 $3,895 2.56%
WICHITA, KS (FHA|USDA|VA) 4 $790,000 $197,500 $2,332 3.37%
Newport, OR (FHA|USDA|VA) 2 $790,000 $395,000 $12,508 2.50%
Crescent City, CA (FHA|USDA|VA) 3 $785,000 $261,667 $2,494 2.63%
EL CENTRO, CA (FHA|USDA|VA) 4 $770,000 $192,500 $2,714 2.90%
DULUTH, MN-WI (FHA|USDA|VA) 2 $770,000 $385,000 $201 2.63%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 2 $770,000 $385,000 $2,983 2.75%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 3 $765,000 $255,000 $3,509 2.62%
Kapaa, HI (FHA|USDA|VA) 1 $755,000 $755,000 $105 2.25%
LAS CRUCES, NM (FHA|USDA|VA) 2 $740,000 $370,000 $2,037 2.88%
Whitewater, WI (FHA|USDA|VA) 3 $735,000 $245,000 $1,100 2.92%
Torrington, CT (FHA|USDA|VA) 2 $730,000 $365,000 $2,073 2.19%
SPRINGFIELD, OH (FHA|USDA|VA) 2 $730,000 $365,000 $1,231 2.25%
ROCKFORD, IL (FHA|USDA|VA) 3 $725,000 $241,667 $1,237 2.83%
Steamboat Springs, CO (FHA|USDA|VA) 2 $720,000 $360,000 $4,247 2.56%
Boone, NC (FHA|USDA|VA) 2 $710,000 $355,000 $1,178 2.50%
Morehead City, NC (FHA|USDA|VA) 2 $710,000 $355,000 $6,264 2.56%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $710,000 $355,000 $4,134 2.75%
Aberdeen, WA (FHA|USDA|VA) 3 $705,000 $235,000 $1,674 3.08%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 3 $705,000 $235,000 $3,251 2.75%
PEORIA, IL (FHA|USDA|VA) 3 $705,000 $235,000 $1,213 2.71%
GREENVILLE, NC (FHA|USDA|VA) 2 $680,000 $340,000 $771 2.13%
Kerrville, TX (FHA|USDA|VA) 2 $680,000 $340,000 $3,572 3.00%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 2 $680,000 $340,000 $1,899 2.50%
Cookeville, TN (FHA|USDA|VA) 3 $665,000 $221,667 $5,647 2.88%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $660,000 $330,000 $9,956 2.87%
Palatka, FL (FHA|USDA|VA) 1 $655,000 $655,000 $3,553 2.25%
JOHNSON CITY, TN (FHA|USDA|VA) 2 $650,000 $325,000 $3,803 2.99%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $650,000 $325,000 $374 2.62%
Ukiah, CA (FHA|USDA|VA) 2 $640,000 $320,000 $1,371 2.69%
ST. LOUIS, MO-IL (FHA|USDA|VA) 2 $630,000 $315,000 $1,679 2.62%
TWIN FALLS, ID (FHA|USDA|VA) 2 $620,000 $310,000 $4,242 2.87%
IOWA CITY, IA (FHA|USDA|VA) 1 $615,000 $615,000 $1,813 2.25%
CHEYENNE, WY (FHA|USDA|VA) 2 $610,000 $305,000 $2,024 2.75%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 2 $610,000 $305,000 $2,493 2.19%
Roswell, NM (FHA|USDA|VA) 2 $600,000 $300,000 $1,397 2.88%
Grand Rapids, MN (FHA|USDA|VA) 2 $600,000 $300,000 $2,374 2.81%
Blackfoot, ID (FHA|USDA|VA) 2 $590,000 $295,000 $1,931 3.44%
WICHITA FALLS, TX (FHA|USDA|VA) 2 $590,000 $295,000 $3,629 2.75%
Moses Lake, WA (FHA|USDA|VA) 3 $585,000 $195,000 $1,596 2.87%
LOGAN, UT-ID (FHA|USDA|VA) 2 $560,000 $280,000 $7,792 2.44%
Kalispell, MT (FHA|USDA|VA) 1 $545,000 $545,000 $2,920 3.75%
COLUMBUS, IN (FHA|USDA|VA) 1 $545,000 $545,000 $1,971 2.99%
Astoria, OR (FHA|USDA|VA) 2 $540,000 $270,000 $1,684 3.00%
Columbus, MS (FHA|USDA|VA) 2 $530,000 $265,000 $5,888 2.56%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $525,000 $525,000 $1,260 2.13%
FARGO, ND-MN (FHA|USDA|VA) 1 $515,000 $515,000 $500 2.75%
Seneca, SC (FHA|USDA|VA) 1 $515,000 $515,000 $1,173 2.38%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $505,000 $505,000 $625 3.25%
Salem, OH (FHA|USDA|VA) 2 $500,000 $250,000 $865 3.25%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $500,000 $250,000 $1,087 2.81%
Brookings, OR (FHA|USDA|VA) 1 $485,000 $485,000 $2,380 2.88%
Concord, NH (FHA|USDA|VA) 1 $485,000 $485,000 $4,322 2.25%
Pottsville, PA (FHA|USDA|VA) 2 $480,000 $240,000 $5,514 2.81%
LAKE CHARLES, LA (FHA|USDA|VA) 1 $465,000 $465,000 $0 2.63%
WACO, TX (FHA|USDA|VA) 2 $460,000 $230,000 $1,058 2.81%
Rexburg, ID (FHA|USDA|VA) 1 $455,000 $455,000 $9,950 2.75%
Athens, TX (FHA|USDA|VA) 2 $450,000 $225,000 $1,880 2.81%
Easton, MD (FHA|USDA|VA) 1 $445,000 $445,000 $1,376 2.63%
Laconia, NH (FHA|USDA|VA) 3 $445,000 $148,333 $2,577 3.58%
Fredericksburg, TX (FHA|USDA|VA) 1 $445,000 $445,000 $5,042 2.88%
Clearlake, CA (FHA|USDA|VA) 2 $440,000 $220,000 $1,780 3.06%
PITTSFIELD, MA (FHA|USDA|VA) 2 $440,000 $220,000 $1,614 2.75%
Winfield, KS (FHA|USDA|VA) 1 $435,000 $435,000 $1,308 2.50%
NEW BERN, NC (FHA|USDA|VA) 1 $425,000 $425,000 $5,400 2.50%
Cullowhee, NC (FHA|USDA|VA) 1 $425,000 $425,000 $1,632 3.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $415,000 $415,000 $983 2.88%
Moscow, ID (FHA|USDA|VA) 1 $415,000 $415,000 $3,127 2.50%
Lebanon, NH-VT (FHA|USDA|VA) 1 $395,000 $395,000 $2,439 2.88%
Payson, AZ (FHA|USDA|VA) 2 $390,000 $195,000 $869 2.88%
Gainesville, TX (FHA|USDA|VA) 1 $385,000 $385,000 $840 2.75%
FAIRBANKS, AK (FHA|USDA|VA) 2 $380,000 $190,000 $2,188 2.93%
Angola, IN (FHA|USDA|VA) 2 $370,000 $185,000 $1,104 3.06%
Danville, VA (FHA|USDA|VA) 1 $365,000 $365,000 $3,035 2.25%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 1 $365,000 $365,000 $6,365 2.25%
Portsmouth, OH (FHA|USDA|VA) 1 $365,000 $365,000 $14,148 3.13%
Wilmington, OH (FHA|USDA|VA) 1 $365,000 $365,000 $1,915 2.50%
Keene, NH (FHA|USDA|VA) 1 $365,000 $365,000 $1,823 2.75%
FLINT, MI (FHA|USDA|VA) 1 $355,000 $355,000 $1,558 1.88%
ABILENE, TX (FHA|USDA|VA) 1 $355,000 $355,000 $1,798 2.38%
Coos Bay, OR (FHA|USDA|VA) 1 $355,000 $355,000 $1,654 2.63%
Fairmont, WV (FHA|USDA|VA) 2 $350,000 $175,000 $3,164 3.19%
Albemarle, NC (FHA|USDA|VA) 1 $345,000 $345,000 $8,666 2.75%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 1 $335,000 $335,000 $1,349 2.75%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 2 $330,000 $165,000 $1,637 3.06%
Othello, WA (FHA|USDA|VA) 1 $325,000 $325,000 $3,986 3.13%
Taos, NM (FHA|USDA|VA) 1 $325,000 $325,000 $1,950 2.63%
Elizabeth City, NC (FHA|USDA|VA) 1 $325,000 $325,000 $14,250 2.88%
Wooster, OH (FHA|USDA|VA) 1 $315,000 $315,000 $1,459 2.75%
Findlay, OH (FHA|USDA|VA) 1 $305,000 $305,000 $1,664 2.75%
Alexandria, MN (FHA|USDA|VA) 1 $305,000 $305,000 $5,214 2.63%
RACINE, WI (FHA|USDA|VA) 1 $305,000 $305,000 $1,039 2.99%
FOND DU LAC, WI (FHA|USDA|VA) 1 $295,000 $295,000 $621 2.75%
Faribault-Northfield, MN (FHA|USDA|VA) 1 $295,000 $295,000 $7,266 2.88%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $295,000 $295,000 $2,882 2.99%
LYNCHBURG, VA (FHA|USDA|VA) 1 $295,000 $295,000 $6,469 2.75%
Richmond-Berea, KY (FHA|USDA|VA) 1 $295,000 $295,000 $1,351 2.63%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $295,000 $295,000 $543 2.25%
AMARILLO, TX (FHA|USDA|VA) 2 $290,000 $145,000 $2,252 2.94%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $285,000 $285,000 $2,080 3.13%
Butte-Silver Bow, MT (FHA|USDA|VA) 1 $285,000 $285,000 $2,609 3.25%
London, KY (FHA|USDA|VA) 1 $285,000 $285,000 $3,798 3.38%
Norfolk, NE (FHA|USDA|VA) 1 $275,000 $275,000 $0 2.88%
Mountain Home, ID (FHA|USDA|VA) 1 $275,000 $275,000 $2,876 2.00%
FLORENCE, SC (FHA|USDA|VA) 1 $265,000 $265,000 $575 3.38%
MONROE, LA (FHA|USDA|VA) 1 $265,000 $265,000 $336 2.75%
Cedar City, UT (FHA|USDA|VA) 1 $265,000 $265,000 $11,460 2.38%
Gallup, NM (FHA|USDA|VA) 1 $265,000 $265,000 $2,700 3.25%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $255,000 $255,000 $184 2.88%
Nogales, AZ (FHA|USDA|VA) 1 $255,000 $255,000 $828 3.13%
ODESSA, TX (FHA|USDA|VA) 1 $245,000 $245,000 $1,202 2.88%
Clewiston, FL (FHA|USDA|VA) 1 $245,000 $245,000 $862 2.88%
New Castle, PA (FHA|USDA|VA) 1 $245,000 $245,000 $3,874 3.75%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $235,000 $235,000 $5,835 2.63%
MOBILE, AL (FHA|USDA|VA) 1 $235,000 $235,000 $168 2.88%
SUMTER, SC (FHA|USDA|VA) 1 $235,000 $235,000 $1,158 2.75%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 1 $225,000 $225,000 $1,261 2.38%
BLOOMINGTON, IL (FHA|USDA|VA) 1 $225,000 $225,000 $387 2.88%
CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $225,000 $225,000 $1,660 3.25%
MONROE, MI (FHA|USDA|VA) 1 $225,000 $225,000 $784 2.88%
McMinnville, TN (FHA|USDA|VA) 1 $225,000 $225,000 $319 2.88%
GETTYSBURG, PA (FHA|USDA|VA) 1 $215,000 $215,000 $3,623 3.13%
Hobbs, NM (FHA|USDA|VA) 1 $215,000 $215,000 $6,063 2.38%
Susanville, CA (FHA|USDA|VA) 1 $215,000 $215,000 $3,020 2.38%
MORRISTOWN, TN (FHA|USDA|VA) 1 $205,000 $205,000 $942 2.87%
Cadillac, MI (FHA|USDA|VA) 1 $205,000 $205,000 $1,968 2.99%
Paris, TN (FHA|USDA|VA) 1 $195,000 $195,000 $1,726 3.25%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $195,000 $195,000 $1,748 2.75%
BURLINGTON, NC (FHA|USDA|VA) 1 $195,000 $195,000 $1,578 2.13%
PUEBLO, CO (FHA|USDA|VA) 1 $195,000 $195,000 $1,668 2.25%
MANHATTAN, KS (FHA|USDA|VA) 1 $185,000 $185,000 $1,168 2.50%
Rockingham, NC (FHA|USDA|VA) 1 $185,000 $185,000 $923 2.88%
Somerset, KY (FHA|USDA|VA) 1 $185,000 $185,000 $1,564 2.99%
APPLETON, WI (FHA|USDA|VA) 1 $185,000 $185,000 $2,921 3.25%
Burley, ID (FHA|USDA|VA) 1 $175,000 $175,000 $2,329 2.88%
NILES, MI (FHA|USDA|VA) 1 $175,000 $175,000 $758 2.75%
EspaƱola, NM (FHA|USDA|VA) 1 $175,000 $175,000 $2,192 2.13%
HATTIESBURG, MS (FHA|USDA|VA) 1 $175,000 $175,000 $2,461 3.00%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $175,000 $175,000 $1,129 2.13%
Wauchula, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,696 2.75%
Lake City, FL (FHA|USDA|VA) 1 $165,000 $165,000 $734 2.13%
Helena, MT (FHA|USDA|VA) 1 $165,000 $165,000 $1,185 2.38%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 1 $155,000 $155,000 $2,049 2.75%
SAGINAW, MI (FHA|USDA|VA) 1 $155,000 $155,000 $853 3.00%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $155,000 $155,000 $3,547 2.99%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $145,000 $145,000 $1,962 3.13%
Van Wert, OH (FHA|USDA|VA) 1 $145,000 $145,000 $1,811 3.63%
Warsaw, IN (FHA|USDA|VA) 1 $135,000 $135,000 $2,154 3.00%
Sandusky, OH (FHA|USDA|VA) 1 $135,000 $135,000 $2,171 3.25%
Scottsboro, AL (FHA|USDA|VA) 1 $135,000 $135,000 $1,123 3.13%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $135,000 $135,000 $2,181 3.38%
Albert Lea, MN (FHA|USDA|VA) 1 $125,000 $125,000 $8,337 2.25%
Bartlesville, OK (FHA|USDA|VA) 1 $105,000 $105,000 $2,613 3.25%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $95,000 $95,000 $2,415 3.88%
Clarksdale, MS (FHA|USDA|VA) 1 $75,000 $75,000 $1,071 2.63%
Martinsville, VA (FHA|USDA|VA) 1 $65,000 $65,000 $3,529 3.63%
Salina, KS (FHA|USDA|VA) 1 $55,000 $55,000 $1,603 3.38%

Strong Home Mortgage 's top markets include Washington, Seattle, Los Angeles, San Francisco, and Phoenix among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 11,995 $4,612,755,000 $384,556 $1,793 2.78%
VA 928 $433,120,000 $466,724 $5,710 2.39%
FHA 141 $48,305,000 $342,589 $7,115 2.63%

For the 2021 period, Strong Home Mortgage 's most frequently originated loan type of loans were Conventional, with 11,995 originations. Their 2nd most popular type is VA, with 928 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 5,908 $2,274,390,000 $384,968 $1,497 2.66%
Cash Out Refi 4,703 $1,819,025,000 $386,780 $2,466 2.84%
Home Purchase 2,428 $992,380,000 $408,723 $3,013 2.80%
Home Improvement 25 $8,385,000 $335,400 $2,030 2.98%

For the 2021, Strong Home Mortgage 's most frequently cited loan purpose of loans were Refi, with 5,908 originations. The 2nd most popular reason of loans were Cash Out Refi, with 4,703 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 9,656 $3,874,390,000 $401,242 $2,294 2.88%
15 Year 2,002 $719,830,000 $359,555 $1,771 2.31%
20 Year 962 $354,520,000 $368,524 $1,527 2.63%
10 Year 305 $93,705,000 $307,230 $1,455 2.13%
Other 139 $51,735,000 $372,194 $1,448 2.70%

For the 2021, Strong Home Mortgage 's most frequently cited loan length of loans were 30 Year, with 9,656 originations. The 2nd most popular length of loans were 15 Year, with 2,002 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 11,184 $4,368,770,000 $390,627
$1k-2k 864 $312,170,000 $361,308
$2k-3k 404 $149,010,000 $368,837
$3k-4k 334 $130,820,000 $391,677
$5k+ 278 $133,410,000 $479,892

$2,294 of loans were Strong Home Mortgage 's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 11,184 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 7,043 $2,791,235,000 $396,313
<2.5% 3,791 $1,555,305,000 $410,262
3-4% 2,183 $732,355,000 $335,481
4-5% 45 $14,615,000 $324,778
5-6% 2 $670,000 $335,000

During 2021, Strong Home Mortgage 's average interest rate of loans were 2.88%, while their most frequently originated rate bucket of loans were 2.5-3%, with 7,043 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 6,426 $1,976,110,000 $307,518 $2,006 2.78%
$400k-600k 4,657 $2,289,725,000 $491,674 $2,028 2.67%
$100k-200k 1,018 $170,070,000 $167,063 $1,778 2.94%
$600k-1MM 882 $623,180,000 $706,553 $3,813 2.75%
$100,000 or less 56 $4,440,000 $79,286 $1,661 3.27%
$1MM+ 25 $30,655,000 $1,226,200 $8,071 2.73%

2021 saw Strong Home Mortgage place emphasis on $200k-400k loans with 6,426 originations, totaling $1,976,110,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 4,151 $1,598,565,000 $385,104 $2,108 2.76%
$150k-250k 3,750 $1,673,390,000 $446,237 $2,080 2.71%
$75k-100k 1,989 $658,235,000 $330,938 $2,144 2.81%
$50k-75k 1,289 $360,105,000 $279,368 $2,143 2.87%
$250k+ 1,151 $562,125,000 $488,380 $2,294 2.67%
$50k or less 357 $82,185,000 $230,210 $2,087 2.92%

Strong Home Mortgage lent most frequently to those with incomes in the $100k-150k range, with 4,151 originations. The second most popular income band? $150k-250k, with 3,750 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 3,428 $1,322,790,000 $385,878 $1,851 2.70%
30-36% 2,537 $1,012,955,000 $399,273 $2,034 2.76%
<20% 1,069 $375,495,000 $351,258 $1,552 2.67%
44% 495 $193,425,000 $390,758 $2,278 2.89%
43% 464 $180,030,000 $387,996 $2,431 2.86%
37% 460 $181,190,000 $393,891 $2,096 2.78%
41% 443 $172,705,000 $389,853 $2,376 2.81%
42% 440 $175,250,000 $398,295 $2,619 2.86%
40% 439 $169,455,000 $386,002 $2,441 2.85%
36% 432 $171,850,000 $397,801 $2,127 2.79%
38% 427 $169,865,000 $397,810 $2,158 2.80%
39% 425 $168,745,000 $397,047 $2,236 2.79%
45% 363 $138,835,000 $382,466 $2,248 2.82%
49% 360 $141,180,000 $392,167 $2,701 2.80%
47% 310 $122,980,000 $396,710 $2,555 2.82%
46% 290 $112,900,000 $389,310 $2,206 2.79%
48% 286 $113,480,000 $396,783 $2,582 2.74%
50-60% 102 $44,150,000 $432,843 $6,903 2.60%
>60% 2 $1,070,000 $535,000 $2,574 2.75%

Strong Home Mortgage lent most frequently to those with DTI ratios of 20-30%, with 3,428 originations. The next most common DTI ratio? 30-36%, with 2,537 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 7,327 $2,793,065,000 $381,202 $2,180 2.76%
Not provided 3,503 $1,386,945,000 $395,931 $2,022 2.75%
Asian 1,664 $696,040,000 $418,293 $1,955 2.71%
Black 390 $146,800,000 $376,410 $2,959 2.83%
American Indian 104 $39,100,000 $375,962 $1,924 2.83%
Asian Indian 32 $13,880,000 $433,750 $1,802 2.49%
Native Hawaiian 29 $11,795,000 $406,724 $2,079 2.87%
Filipino 5 $2,285,000 $457,000 $1,830 2.40%
Chinese 4 $1,860,000 $465,000 $1,738 2.59%
Other Asian 4 $1,370,000 $342,500 $2,327 2.81%
Vietnamese 1 $725,000 $725,000 $1,066 2.63%
Japanese 1 $315,000 $315,000 $319 2.13%

Approval Rates

Total approvals of all applications
95.89%

Strong Home Mortgage 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
49.46%

Strong Home Mortgage 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 13,064 $5,094,180,000 $389,940

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
13,064 $5,094,180,000 $389,940

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,049 $329,055,000 $313,684 $1,745 2.65%
40-60% 4,123 $1,581,055,000 $383,472 $1,525 2.66%
60-80% 5,841 $2,326,325,000 $398,275 $2,096 2.84%
80-100% 1,915 $809,235,000 $422,577 $3,358 2.75%
Over 100% 55 $26,775,000 $486,818 $15,773 2.43%
Under 20% 81 $21,735,000 $268,333 $1,851 2.71%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
SOUTHERN TRUST MORTGAGE LLC VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%