The Home Loan Expert Mortgage Rates, Fees & Info
St Louis, MOLEI: 254900Q716E7IUMXGB91
Tax ID: 47-2469140
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
The Home Loan Expert is a small mortgage company specializing in Home Purchase and Refi loans. The Home Loan Expert has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets include Austin, St. Louis, Denver, Chicago, and Tampa among others. The Home Loan Expert 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. The Home Loan Expert is typically an average fee lendor.Originations
4,619Origination Dollar Volume (All Markets)
$1,335,385,000Awards
The Home Loan Expert - 2021
The Home Loan Expert is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
The Home Loan Expert 's average 30 year fixed rate mortgage of loans were
3.03%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.12%.
Relative Fees
The Home Loan Expert 's average total fees for a 30 year fixed rate
mortgage are $5,006.
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 |
|---|---|---|---|---|---|
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1,065 | $368,205,000 | $345,732 | $5,224 | 2.91% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 945 | $195,755,000 | $207,148 | $4,524 | 3.03% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 344 | $146,900,000 | $427,035 | $4,036 | 2.94% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 354 | $96,640,000 | $272,994 | $4,752 | 2.93% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 232 | $76,620,000 | $330,259 | $4,773 | 2.87% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 210 | $54,690,000 | $260,429 | $4,988 | 2.95% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 145 | $50,215,000 | $346,310 | $5,976 | 2.94% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 213 | $44,795,000 | $210,305 | $5,041 | 3.08% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 111 | $28,755,000 | $259,054 | $4,051 | 2.96% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 77 | $27,455,000 | $356,558 | $3,732 | 2.97% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 112 | $25,860,000 | $230,893 | $4,729 | 2.91% |
| Outside of Metro Areas | 83 | $20,815,000 | $250,783 | $4,778 | 2.95% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 34 | $20,070,000 | $590,294 | $7,518 | 2.82% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 52 | $15,410,000 | $296,346 | $4,810 | 2.89% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 50 | $12,320,000 | $246,400 | $5,325 | 2.91% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 57 | $11,245,000 | $197,281 | $4,545 | 3.20% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 52 | $10,050,000 | $193,269 | $4,022 | 2.82% |
| GREELEY, CO (FHA|USDA|VA) | 22 | $7,130,000 | $324,091 | $3,752 | 2.82% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 23 | $6,345,000 | $275,870 | $5,493 | 3.04% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 20 | $5,810,000 | $290,500 | $4,716 | 3.03% |
| FORT COLLINS, CO (FHA|USDA|VA) | 18 | $5,560,000 | $308,889 | $3,627 | 3.02% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 13 | $5,455,000 | $419,615 | $5,511 | 2.80% |
| BOULDER, CO (FHA|USDA|VA) | 12 | $4,630,000 | $385,833 | $3,608 | 2.69% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 17 | $4,265,000 | $250,882 | $4,727 | 2.96% |
| TUCSON, AZ (FHA|USDA|VA) | 19 | $4,195,000 | $220,789 | $5,563 | 2.79% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 14 | $3,800,000 | $271,429 | $5,743 | 2.98% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 10 | $3,340,000 | $334,000 | $5,963 | 2.98% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 13 | $3,335,000 | $256,538 | $4,840 | 3.10% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 15 | $3,245,000 | $216,333 | $4,991 | 3.07% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 8 | $3,220,000 | $402,500 | $4,171 | 2.89% |
| Edwards, CO (FHA|USDA|VA) | 7 | $3,195,000 | $456,429 | $3,064 | 2.96% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 15 | $3,155,000 | $210,333 | $5,600 | 2.82% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 10 | $2,620,000 | $262,000 | $4,408 | 2.92% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 5 | $2,425,000 | $485,000 | $5,047 | 2.70% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 8 | $2,280,000 | $285,000 | $3,438 | 2.78% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 7 | $2,005,000 | $286,429 | $5,954 | 2.75% |
| Steamboat Springs, CO (FHA|USDA|VA) | 3 | $2,005,000 | $668,333 | $3,726 | 2.67% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 6 | $1,970,000 | $328,333 | $2,891 | 2.75% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 7 | $1,795,000 | $256,429 | $4,420 | 2.91% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 6 | $1,730,000 | $288,333 | $4,076 | 3.01% |
| Farmington, MO (FHA|USDA|VA) | 10 | $1,700,000 | $170,000 | $4,326 | 3.24% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 5 | $1,575,000 | $315,000 | $4,388 | 2.87% |
| CEDAR RAPIDS, IA (FHA|USDA|VA) | 8 | $1,470,000 | $183,750 | $2,303 | 3.20% |
| Fredericksburg, TX (FHA|USDA|VA) | 3 | $1,175,000 | $391,667 | $5,614 | 3.16% |
| MOBILE, AL (FHA|USDA|VA) | 6 | $1,170,000 | $195,000 | $3,269 | 3.33% |
| COLUMBIA, MO (FHA|USDA|VA) | 4 | $1,140,000 | $285,000 | $5,244 | 2.97% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 4 | $1,090,000 | $272,500 | $3,595 | 3.13% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $2,817 | 2.66% |
| Show Low, AZ (FHA|USDA|VA) | 2 | $1,010,000 | $505,000 | $6,101 | 3.19% |
| Sevierville, TN (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $3,387 | 2.76% |
| JACKSON, TN (FHA|USDA|VA) | 7 | $985,000 | $140,714 | $3,066 | 2.64% |
| ROCKFORD, IL (FHA|USDA|VA) | 6 | $850,000 | $141,667 | $4,329 | 2.88% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $3,868 | 3.21% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $795,000 | $795,000 | $6,361 | 4.25% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $4,126 | 2.50% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $6,598 | 3.88% |
| Payson, AZ (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $4,996 | 2.63% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $3,927 | 2.93% |
| New Castle, IN (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $4,056 | 2.97% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $3,273 | 3.38% |
| TYLER, TX (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $6,882 | 2.56% |
| Gainesville, TX (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $5,144 | 2.75% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $4,654 | 3.06% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $4,084 | 2.69% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $4,256 | 4.17% |
| MUNCIE, IN (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $5,558 | 3.29% |
| Brenham, TX (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $4,584 | 3.25% |
| GAINESVILLE, FL (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $5,330 | 2.88% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $4,103 | 2.99% |
| Rockport, TX (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $5,486 | 3.25% |
| Port Lavaca, TX (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $5,044 | 3.50% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $2,445 | 2.50% |
| Crawfordsville, IN (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $4,075 | 3.19% |
| LAWRENCE, KS (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $4,534 | 3.19% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $8,091 | 2.25% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,227 | 3.25% |
| Ottawa, IL (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $6,388 | 2.87% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $4,258 | 2.75% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $2,551 | 2.63% |
| WACO, TX (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $4,429 | 2.93% |
| Watertown-Fort Atkinson, WI (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,113 | 2.38% |
| Sonora, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,837 | 2.25% |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,482 | 2.88% |
| LONGVIEW, TX (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $5,511 | 2.56% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $10,199 | 2.88% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $14,372 | 2.50% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $2,716 | 3.04% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $4,925 | 2.75% |
| Cañon City, CO (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,645 | 2.50% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $2,732 | 3.83% |
| Fort Morgan, CO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,121 | 2.50% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,778 | 3.00% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,368 | 3.19% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $13,390 | 2.38% |
| JONESBORO, AR (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $3,040 | 2.88% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $9,999 | 3.13% |
| Lewisburg, TN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,402 | 3.25% |
| Searcy, AR (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,940 | 2.63% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,763 | 3.88% |
| Bonham, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,329 | 3.50% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,286 | 2.75% |
| Shelbyville, TN (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $13,914 | 2.63% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,345 | 2.50% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,357 | 3.50% |
| Mount Vernon, IL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,319 | 2.50% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $11,922 | 2.50% |
| JOPLIN, MO (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $5,760 | 3.00% |
| Blytheville, AR (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $7,304 | 2.55% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,315 | 2.50% |
| Del Rio, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $4,222 | 2.88% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,055 | 3.00% |
| Sterling, CO (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,780 | 2.25% |
| COLUMBUS, IN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $10,392 | 2.88% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,288 | 3.00% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,462 | 2.38% |
| London, KY (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,081 | 2.99% |
| Dixon, IL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,923 | 3.63% |
| Frankfort, IN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,961 | 3.00% |
| Montrose, CO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,755 | 3.75% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,714 | 3.38% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,262 | 3.25% |
| Rochelle, IL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,921 | 3.25% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $3,059 | 3.00% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,488 | 2.63% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,480 | 3.38% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,989 | 3.00% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,450 | 2.75% |
| SAN ANGELO, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,428 | 3.75% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,679 | 2.38% |
| North Vernon, IN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,845 | 3.25% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $7,977 | 2.99% |
| Greensburg, IN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,616 | 2.63% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $8,164 | 2.50% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,560 | 3.13% |
| Hannibal, MO (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,598 | 3.13% |
| PANAMA CITY, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,020 | 3.00% |
| Mountain Home, AR (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $3,631 | 2.75% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,822 | 3.13% |
| Sedalia, MO (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,774 | 3.00% |
| RACINE, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,942 | 3.25% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,378 | 3.25% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,159 | 2.88% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,564 | 3.99% |
| Pontiac, IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $6,688 | 2.88% |
| PINE BLUFF, AR (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,924 | 2.63% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,706 | 2.63% |
| OCALA, FL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,284 | 2.25% |
| Crossville, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,350 | 3.00% |
| Quincy, IL-MO (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,871 | 3.25% |
| Ottawa, KS (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,273 | 2.75% |
| Sterling, IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,571 | 3.25% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,742 | 3.50% |
| Hope, AR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,363 | 3.38% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,984 | 4.00% |
| Pittsburg, KS (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,367 | 3.38% |
| DANVILLE, IL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,708 | 4.25% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,122 | 2.50% |
| Scottsburg, IN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,849 | 3.88% |
| Seymour, IN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,197 | 4.88% |
| Cullman, AL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,328 | 3.25% |
| Logansport, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,701 | 2.88% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $4,947 | 2.88% |
The Home Loan Expert 's top markets include Austin, St. Louis, Denver, Chicago, and Tampa among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 3,745 | $1,111,775,000 | $296,869 | $4,224 | 2.99% |
| FHA | 474 | $105,640,000 | $222,869 | $7,636 | 2.98% |
| VA | 369 | $111,555,000 | $302,317 | $6,910 | 2.66% |
| USDA | 31 | $6,415,000 | $206,935 | $5,284 | 2.64% |
For the 2021 period, The Home Loan Expert 's most frequently originated loan type of loans were Conventional, with 3,745 originations. Their 2nd most popular type is FHA, with 474 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 1,903 | $610,655,000 | $320,891 | $5,468 | 2.96% |
| Refi | 1,469 | $392,285,000 | $267,042 | $3,932 | 2.80% |
| Home Improvement | 916 | $250,470,000 | $273,439 | $4,823 | 3.13% |
| Cash Out Refi | 330 | $81,960,000 | $248,364 | $4,723 | 3.17% |
| Other | 1 | $15,000 | $15,000 | $3 | 3.25% |
For the 2021, The Home Loan Expert 's most frequently cited loan purpose of loans were Home Purchase, with 1,903 originations. The 2nd most popular reason of loans were Refi, with 1,469 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 3,790 | $1,139,920,000 | $300,770 | $5,006 | 3.03% |
| 15 Year | 545 | $128,675,000 | $236,101 | $3,896 | 2.54% |
| 20 Year | 158 | $40,360,000 | $255,443 | $3,950 | 2.90% |
| Other | 78 | $20,310,000 | $260,385 | $3,868 | 2.90% |
| 10 Year | 45 | $6,085,000 | $135,222 | $2,960 | 2.69% |
| 5 Year | 2 | $20,000 | $10,000 | $0 | 0.00% |
| 30+ year | 1 | $15,000 | $15,000 | $21 | 0.00% |
For the 2021, The Home Loan Expert 's most frequently cited loan length of loans were 30 Year, with 3,790 originations. The 2nd most popular length of loans were 15 Year, with 545 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 2,589 | $796,495,000 | $307,646 |
| $2k-3k | 1,146 | $267,560,000 | $233,473 |
| $<1k | 648 | $183,230,000 | $282,762 |
| $3k-4k | 149 | $47,325,000 | $317,617 |
| $5k+ | 87 | $40,775,000 | $468,678 |
$5,006 of loans were The Home Loan Expert 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 2,589 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 2,189 | $645,525,000 | $294,895 |
| 3-4% | 1,551 | $442,255,000 | $285,142 |
| <2.5% | 756 | $219,810,000 | $290,754 |
| 4-5% | 117 | $26,825,000 | $229,274 |
| 5-6% | 5 | $845,000 | $169,000 |
| 6-7% | 1 | $125,000 | $125,000 |
During 2021, The Home Loan Expert 's average interest rate of loans were 3.03%, while their most frequently originated rate bucket of loans were 2.5-3%, with 2,189 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 2,266 | $646,560,000 | $285,331 | $4,900 | 2.95% |
| $100k-200k | 1,296 | $201,920,000 | $155,802 | $4,128 | 3.03% |
| $400k-600k | 790 | $383,990,000 | $486,063 | $5,440 | 2.91% |
| $100,000 or less | 153 | $10,025,000 | $65,523 | $2,578 | 2.72% |
| $600k-1MM | 97 | $70,785,000 | $729,742 | $8,094 | 3.07% |
| $1MM+ | 17 | $22,105,000 | $1,300,294 | $13,344 | 3.14% |
2021 saw The Home Loan Expert place emphasis on $200k-400k loans with 2,266 originations, totaling $646,560,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 1,092 | $330,820,000 | $302,949 | $4,837 | 2.96% |
| $50k-75k | 812 | $174,770,000 | $215,234 | $4,652 | 2.97% |
| $150k-250k | 786 | $293,280,000 | $373,130 | $5,033 | 2.94% |
| $75k-100k | 732 | $188,610,000 | $257,664 | $4,764 | 2.96% |
| $50k or less | 348 | $54,400,000 | $156,322 | $4,151 | 3.00% |
| $250k+ | 326 | $140,130,000 | $429,847 | $5,119 | 3.04% |
The Home Loan Expert lent most frequently to those with incomes in the $100k-150k range, with 1,092 originations. The second most popular income band? $50k-75k, with 812 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 1,061 | $301,725,000 | $284,378 | $4,301 | 2.93% |
| 30-36% | 871 | $256,795,000 | $294,828 | $4,764 | 2.96% |
| <20% | 384 | $111,190,000 | $289,557 | $4,364 | 2.86% |
| 38% | 177 | $50,295,000 | $284,153 | $4,950 | 2.96% |
| 44% | 176 | $49,180,000 | $279,432 | $4,709 | 3.04% |
| 42% | 172 | $51,390,000 | $298,779 | $5,151 | 3.07% |
| 39% | 170 | $47,340,000 | $278,471 | $4,501 | 3.01% |
| 40% | 167 | $46,075,000 | $275,898 | $4,705 | 3.08% |
| 43% | 166 | $49,440,000 | $297,831 | $4,988 | 3.07% |
| 50-60% | 165 | $45,305,000 | $274,576 | $8,068 | 2.81% |
| 37% | 149 | $47,025,000 | $315,604 | $5,208 | 3.00% |
| 36% | 149 | $40,595,000 | $272,450 | $4,638 | 2.96% |
| 41% | 144 | $46,650,000 | $323,958 | $5,178 | 3.03% |
| 45% | 133 | $38,405,000 | $288,759 | $4,664 | 3.05% |
| 46% | 117 | $33,995,000 | $290,556 | $4,832 | 2.99% |
| 49% | 113 | $32,315,000 | $285,973 | $5,304 | 2.96% |
| 47% | 107 | $29,875,000 | $279,206 | $5,037 | 2.93% |
| 48% | 100 | $31,720,000 | $317,200 | $5,237 | 2.95% |
| >60% | 8 | $3,480,000 | $435,000 | $10,020 | 2.97% |
The Home Loan Expert lent most frequently to those with DTI ratios of 20-30%, with 1,061 originations. The next most common DTI ratio? 30-36%, with 871 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 2,999 | $877,065,000 | $292,452 | $4,739 | 2.95% |
| Not provided | 1,160 | $329,710,000 | $284,233 | $4,827 | 2.98% |
| Asian | 156 | $52,390,000 | $335,833 | $5,356 | 3.00% |
| Black | 234 | $50,160,000 | $214,359 | $4,734 | 2.87% |
| Asian Indian | 39 | $14,105,000 | $361,667 | $5,974 | 3.07% |
| American Indian | 13 | $4,645,000 | $357,308 | $5,984 | 3.11% |
| Native Hawaiian | 4 | $1,820,000 | $455,000 | $4,669 | 2.84% |
| Korean | 5 | $1,635,000 | $327,000 | $4,177 | 2.68% |
| Filipino | 3 | $1,355,000 | $451,667 | $6,840 | 3.21% |
| Chinese | 2 | $1,170,000 | $585,000 | $6,859 | 3.50% |
| Other Asian | 2 | $680,000 | $340,000 | $3,751 | 3.06% |
| Samoan | 1 | $375,000 | $375,000 | $4,314 | 2.50% |
| Vietnamese | 1 | $275,000 | $275,000 | $3,495 | 2.75% |
Approval Rates
Total approvals of all applications94.68%
The Home Loan Expert has an average approval rate.
Pick Rate
Approvals leading to origination2.08%
The Home Loan Expert 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 | 4,619 | $1,335,385,000 | $289,107 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4,619 | $1,335,385,000 | $289,107 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 157 | $33,885,000 | $215,828 | $3,624 | 2.66% |
| 40-60% | 649 | $174,735,000 | $269,237 | $3,966 | 2.82% |
| 60-80% | 2,038 | $599,870,000 | $294,342 | $4,419 | 3.05% |
| 80-100% | 1,686 | $508,680,000 | $301,708 | $5,546 | 2.97% |
| Over 100% | 41 | $15,195,000 | $370,610 | $14,957 | 2.64% |
| Under 20% | 48 | $3,020,000 | $62,917 | $886 | 1.45% |
