93 Mortgage Rates, Fees & Info
Little Rock, ARLEI: 254900OL1MBVNMHDQ522
Tax ID: 71-0120610
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
93 is a smaller mortgage company specializing in Home Purchase and Other loans. 93 has a high proportion of conventional loans. Their top markets by origination volume include: Little Rock, Fayetteville, Midland, El Dorado, and Jonesboro among others. We have data for 10 markets. (Some data included below & more in-depth data is available with an active subscription.)93 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.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
Originations
39Origination Dollar Volume (All Markets)
$4,995,000Top 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 |
|---|---|---|---|---|---|
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 27 | $3,515,000 | $130,185 | $0 | 0.00% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $0 | 0.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 0.00% |
| El Dorado, AR (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 0.00% |
| JONESBORO, AR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 0.00% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
| Arkadelphia, AR (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 0.00% |
| Outside of Metro Areas | 2 | $20,000 | $10,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 39 | $4,995,000 | $128,077 | $0 | 0.00% |
For 2019, 93's most frequently originated type of loan was Conventional, with 39 originations.
Loan Reason
For 2019, 93's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Other, with 11 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 39 | $4,995,000 | $128,077 | $0 | 0.00% |
For 2019, 93's most frequently cited loan duration was Other, with 39 originations.
Loan Sizing
2019 saw 93 place emphasis on $100,000 or less loans with 18 originations, totaling $850,000 in origination value.
Applicant Income
93 lent most frequently to those with incomes in the $250k+ range, with 12 originations. The second most popular income band? $150k-250k, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 39 | $4,995,000 | $128,077 | $0 | 0.00% |
93 lent most frequently to those with DTI ratios of Exempt%, with 39 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 31 | $4,385,000 | $141,452 | $0 | 0.00% |
| Not applicable | 5 | $535,000 | $107,000 | $0 | 0.00% |
| Black | 3 | $75,000 | $25,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications95.35%
93 has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination94.87%
93 has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 39 | $4,995,000 | $128,077 |