Evesham Mortgage Rates, Fees & Info

Marlton, NJ

LEI: 254900R61QS4BG30IS52

Tax ID: 26-1234319

Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Evesham Mortgage is a smaller mortgage company specializing in Home Purchase loans. Evesham Mortgage has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Philadelphia, New York, Ocean City, Atlantic City, and Trenton among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Evesham Mortgage 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. Evesham Mortgage is typically an average fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.

    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

    717

    Origination Dollar Volume (All Markets)

    $161,135,000

    Awards

    Evesham Mortgage 30 Year Conventional Loans bronze Evesham Mortgage FHA Loans gold
    Show all (2) awards

    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
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 440 $94,320,000 $214,364 $5,769 4.77%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 206 $51,250,000 $248,786 $6,566 4.80%
    OCEAN CITY, NJ (FHA|USDA|VA) 12 $4,100,000 $341,667 $5,290 4.61%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 21 $3,945,000 $187,857 $5,624 4.98%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 10 $1,860,000 $186,000 $5,621 4.78%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 9 $1,245,000 $138,333 $4,970 4.93%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 4 $1,160,000 $290,000 $5,383 5.25%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $695,000 $231,667 $3,853 4.13%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 2 $510,000 $255,000 $6,769 5.19%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $470,000 $235,000 $3,967 4.81%
    YORK-HANOVER, PA (FHA|USDA|VA) 2 $460,000 $230,000 $8,444 5.00%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $450,000 $225,000 $6,492 4.88%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $370,000 $185,000 $7,276 5.31%
    READING, PA (FHA|USDA|VA) 1 $185,000 $185,000 $7,037 5.63%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $115,000 $115,000 $3,071 5.13%
    Evesham Mortgage's top markets include Philadelphia, New York, Ocean City, Atlantic City, and Trenton among others.

    Their top states include:
  • New Jersey (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against Evesham Mortgage based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    N C P D Federal Credit Union
    Similarity Rank: 55
    Bogota Savings Bank
    Similarity Rank: 63
    Iron Workers Savings Bank
    Similarity Rank: 63
    Union County Savings Bank
    Similarity Rank: 66
    GARDEN SAVINGS FEDERAL CREDIT UNION
    Similarity Rank: 80
    Haddon Savings Bank
    Similarity Rank: 116
    The Atlantic Federal Credit Union
    Similarity Rank: 120
    Freehold Savings Bank
    Similarity Rank: 120
    Blue Foundry Bank
    Similarity Rank: 125
    FIDELITY SAVINGS AND LOAN ASSOCIATION OF BUCKS COUNTY
    Similarity Rank: 126

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 372 $87,510,000 $235,242 $4,559 4.82%
    FHA 286 $59,570,000 $208,287 $7,617 4.80%
    VA 37 $10,315,000 $278,784 $8,092 4.52%
    USDA 22 $3,740,000 $170,000 $5,524 4.72%

    For 2018, Evesham Mortgage's most frequently originated type of loan was Conventional, with 372 originations. Their 2nd most popular type was FHA, with 286 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 639 $142,555,000 $223,091 $6,034 4.80%
    Refi 58 $14,120,000 $243,448 $5,453 4.83%
    NA 10 $1,910,000 $191,000 $4,724 4.38%
    Home Improvement 6 $1,530,000 $255,000 $5,911 4.54%
    Cash Out Refi 4 $1,020,000 $255,000 $6,387 4.63%

    For 2018, Evesham Mortgage's most frequently cited loan purpose was Home Purchase, with 639 originations. The 2nd most popular reason was Refi, with 58 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 671 $150,625,000 $224,478 $6,094 4.80%
    Other 26 $6,280,000 $241,538 $4,174 4.85%
    15 Year 12 $2,580,000 $215,000 $4,103 4.26%
    20 Year 8 $1,650,000 $206,250 $4,313 4.64%

    For 2018, Evesham Mortgage's most frequently cited loan duration was 30 Year, with 671 originations. The 2nd most popular length was Other, with 26 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 595 $132,895,000 $223,353
    $<1k 46 $9,480,000 $206,087
    $2k-3k 24 $4,810,000 $200,417
    $3k-4k 21 $5,755,000 $274,048
    $4k-5k 11 $2,635,000 $239,545
    $5k+ 9 $2,475,000 $275,000

    Evesham Mortgage's average total fees were $6,094, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 595 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 510 $117,380,000 $230,157
    5-6% 161 $31,755,000 $197,236
    3-4% 39 $9,985,000 $256,026
    6-7% 2 $320,000 $160,000
    7-8% 1 $285,000 $285,000
    Over 8% 1 $175,000 $175,000

    During 2018, Evesham Mortgage's average interest rate for loans was 4.80%, while their most frequently originated rate bucket for loans was 4-5%, with 510 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 350 $94,970,000 $271,343 $6,707 4.72%
    $100k-200k 294 $44,730,000 $152,143 $5,146 4.85%
    $100,000 or less 35 $2,825,000 $80,714 $3,953 5.12%
    $400k-600k 32 $14,570,000 $455,313 $7,642 4.75%
    $600k-1MM 6 $4,040,000 $673,333 $6,175 4.63%

    2018 saw Evesham Mortgage place emphasis on $200k-400k loans with 350 originations, totaling $94,970,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 211 $38,465,000 $182,299 $5,708 4.79%
    $100k-150k 157 $41,425,000 $263,854 $6,593 4.80%
    $75k-100k 154 $34,910,000 $226,688 $6,391 4.77%
    $50k or less 100 $14,110,000 $141,100 $5,003 4.89%
    $150k-250k 69 $21,775,000 $315,580 $6,194 4.69%
    $250k+ 26 $10,450,000 $401,923 $4,989 4.74%

    Evesham Mortgage lent most frequently to those with incomes in the $50k-75k range, with 211 originations. The second most popular income band? $100k-150k, with 157 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 122 $27,610,000 $226,311 $5,717 4.78%
    50-60% 104 $22,920,000 $220,385 $7,986 4.72%
    20-30% 100 $23,000,000 $230,000 $4,899 4.74%
    49% 39 $8,985,000 $230,385 $5,938 4.78%
    47% 34 $7,120,000 $209,412 $5,549 4.88%
    41% 34 $8,740,000 $257,059 $6,369 4.93%
    42% 29 $6,395,000 $220,517 $6,270 5.02%
    48% 29 $6,905,000 $238,103 $5,820 4.91%
    43% 28 $5,100,000 $182,143 $5,198 4.83%
    39% 26 $5,840,000 $224,615 $5,084 4.79%
    46% 26 $5,580,000 $214,615 $6,650 4.81%
    44% 25 $6,045,000 $241,800 $5,611 4.77%
    45% 24 $4,680,000 $195,000 $6,071 4.87%
    38% 21 $5,065,000 $241,190 $5,934 4.69%
    36% 20 $4,460,000 $223,000 $5,133 4.81%
    40% 20 $4,190,000 $209,500 $5,074 4.78%
    37% 20 $5,180,000 $259,000 $6,794 4.73%
    <20% 14 $2,920,000 $208,571 $4,169 4.63%
    >60% 2 $400,000 $200,000 $6,498 4.94%

    Evesham Mortgage lent most frequently to those with DTI ratios of 30-36%, with 122 originations. The next most common DTI ratio? 50-60%, with 104 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 587 $131,835,000 $224,591 $5,916 4.77%
    Not provided 63 $15,495,000 $245,952 $5,564 4.83%
    Black 46 $9,660,000 $210,000 $7,174 4.92%
    Asian 16 $2,940,000 $183,750 $6,433 4.89%
    Asian Indian 1 $455,000 $455,000 $4,917 5.38%
    Native Hawaiian or Islander 2 $380,000 $190,000 $6,785 4.81%
    Other Pacific Islander 1 $205,000 $205,000 $4,119 5.38%
    Other Asian 1 $165,000 $165,000 $4,049 5.38%

    Approval Rates

    Total approvals of all applications
    95.12%

    Evesham 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
    75.17%

    Evesham Mortgage has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 717 $161,135,000 $224,735

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 717 $161,135,000 $224,735

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1 $105,000 $105,000 $3,782 4.50%
    40-60% 29 $6,235,000 $215,000 $4,110 4.86%
    60-80% 138 $32,850,000 $238,043 $4,358 4.83%
    80-100% 528 $115,330,000 $218,428 $6,337 4.78%
    Over 100% 16 $5,120,000 $320,000 $11,453 4.79%
    Under 20% 1 $35,000 $35,000 $3,023 5.00%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    Evesham Mortgage, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%