Luxury Mortgage Corp. Rates, Fees & Info
Dover, DELEI: 254900V6GCDMRQZ34D96
Tax ID: 06-1461914
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Mortgage Data
Review & Overview
Luxury Mortgage Corp. is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Luxury Mortgage Corp. 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 by origination volume include: New York, Los Angeles, Miami, Boston, and San Francisco among others. We have data for 149 markets. (Some data included below & more in-depth data is available with an active subscription.)Luxury Mortgage Corp. has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Luxury Mortgage Corp. is typically a high 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 relatively high 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.
SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 7.50% | 12/4/23 |
| 30 Year Conventional Refi | 7.31% | 12/4/23 |
| 30 Year Cash-out Refi | 7.74% | 12/4/23 |
| 30 Year FHA Purchase | 7.21% | 12/4/23 |
| 30 Year FHA Refi | 6.27% | 12/4/23 |
| 30 Year VA Purchase | 6.48% | 12/4/23 |
| 30 Year USDA Purchase | 6.27% | 12/4/23 |
| 15 Year Conventional Purchase | 6.96% | 12/4/23 |
| 15 Year Conventional Refi | 5.63% | 12/4/23 |
| 15 Year Cash-out Refi | 5.63% | 12/4/23 |
| These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates. | ||
Luxury Mortgage Corp. Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Luxury Mortgage Corp.. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
1,311Origination Dollar Volume (All Markets)
$815,635,000Awards
Luxury Mortgage Corp. - 2022
Luxury Mortgage Corp. is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
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Relative Rate
Luxury Mortgage Corp.'s average 30 year fixed mortgage rate was
5.4%.
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.64%.
Relative Fees (Closing Costs)
Luxury Mortgage Corp.'s average total fees/closing costs for a 30 year fixed rate
mortgage were $13,632.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including
both points & up-front fees in addition to origination fees) were $4,750.
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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 391 | $248,125,000 | $634,591 | $14,051 | 5.04% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 138 | $142,200,000 | $1,030,435 | $20,401 | 5.29% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 102 | $69,030,000 | $676,765 | $18,923 | 5.65% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 43 | $23,105,000 | $537,326 | $8,026 | 4.70% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 22 | $22,950,000 | $1,043,182 | $2,779 | 4.92% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 33 | $17,915,000 | $542,879 | $9,533 | 5.45% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 15 | $15,635,000 | $1,042,333 | $13,337 | 4.72% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 22 | $14,570,000 | $662,273 | $17,585 | 5.01% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 34 | $13,660,000 | $401,765 | $14,282 | 5.72% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 15 | $12,615,000 | $841,000 | $15,772 | 5.21% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 38 | $11,700,000 | $307,895 | $8,801 | 5.15% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 17 | $10,685,000 | $628,529 | $12,497 | 5.97% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 17 | $9,135,000 | $537,353 | $16,246 | 5.39% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 21 | $7,735,000 | $368,333 | $8,413 | 4.93% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 15 | $7,725,000 | $515,000 | $16,569 | 5.88% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 14 | $7,680,000 | $548,571 | $12,021 | 6.06% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 14 | $7,420,000 | $530,000 | $17,226 | 5.64% |
| Outside of Metro Areas | 17 | $7,105,000 | $417,941 | $10,152 | 6.17% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 8 | $6,700,000 | $837,500 | $13,430 | 5.50% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 6 | $5,970,000 | $995,000 | $21,676 | 5.91% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 8 | $5,470,000 | $683,750 | $11,258 | 6.00% |
| FRESNO, CA (FHA|USDA|VA) | 8 | $5,320,000 | $665,000 | $13,456 | 6.30% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 9 | $5,295,000 | $588,333 | $14,118 | 5.40% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 11 | $4,515,000 | $410,455 | $12,329 | 5.73% |
| Edwards, CO (FHA|USDA|VA) | 2 | $4,510,000 | $2,255,000 | $6,763 | 5.25% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 9 | $4,275,000 | $475,000 | $7,340 | 5.63% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $4,035,000 | $1,345,000 | $125 | 5.54% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 12 | $4,030,000 | $335,833 | $7,453 | 5.32% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 4 | $3,740,000 | $935,000 | $6,561 | 5.28% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 7 | $3,735,000 | $533,571 | $19,736 | 6.39% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 5 | $3,315,000 | $663,000 | $20,598 | 6.50% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 4 | $3,060,000 | $765,000 | $5,184 | 5.09% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 3 | $3,045,000 | $1,015,000 | $0 | 6.42% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 5 | $2,775,000 | $555,000 | $15,463 | 5.28% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $2,770,000 | $1,385,000 | $40,377 | 5.93% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 5 | $2,685,000 | $537,000 | $29,656 | 5.93% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 7 | $2,655,000 | $379,286 | $9,373 | 4.98% |
| Heber, UT (FHA|USDA|VA) | 2 | $2,470,000 | $1,235,000 | $17,197 | 6.12% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 6 | $2,460,000 | $410,000 | $25,168 | 6.13% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 3 | $2,455,000 | $818,333 | $83 | 4.71% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 7 | $2,295,000 | $327,857 | $22,601 | 6.21% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 6 | $2,110,000 | $351,667 | $7,646 | 5.98% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 6 | $2,070,000 | $345,000 | $10,787 | 6.50% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 4 | $2,040,000 | $510,000 | $16,714 | 4.56% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 3 | $2,005,000 | $668,333 | $15,188 | 5.62% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 3 | $1,985,000 | $661,667 | $21,153 | 7.17% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 7 | $1,905,000 | $272,143 | $6,550 | 6.21% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 3 | $1,895,000 | $631,667 | $14,150 | 4.96% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 4 | $1,830,000 | $457,500 | $3,977 | 4.38% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 5 | $1,785,000 | $357,000 | $0 | 4.75% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 6 | $1,710,000 | $285,000 | $4,550 | 4.88% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 3 | $1,625,000 | $541,667 | $13,567 | 6.04% |
| WILMINGTON, NC (FHA|USDA|VA) | 4 | $1,600,000 | $400,000 | $13,040 | 6.40% |
| KINGSTON, NY (FHA|USDA|VA) | 4 | $1,490,000 | $372,500 | $7,048 | 5.25% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 4 | $1,400,000 | $350,000 | $11,662 | 7.09% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 3 | $1,385,000 | $461,667 | $10,595 | 5.17% |
| COLUMBIA, SC (FHA|USDA|VA) | 3 | $1,325,000 | $441,667 | $15,733 | 7.75% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 3 | $1,295,000 | $431,667 | $4,659 | 5.33% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 4 | $1,200,000 | $300,000 | $5,569 | 6.53% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 4 | $1,160,000 | $290,000 | $11,621 | 5.96% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 2 | $1,160,000 | $580,000 | $27,999 | 5.31% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $1,155,000 | $1,155,000 | $34,173 | 4.63% |
| ANN ARBOR, MI (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $6,135 | 5.63% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 4 | $1,120,000 | $280,000 | $6,283 | 5.69% |
| SALEM, OR (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $20,759 | 7.12% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $1,110,000 | $555,000 | $16,275 | 5.93% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 2 | $1,050,000 | $525,000 | $22,677 | 7.13% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $13,694 | 5.59% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 2 | $1,000,000 | $500,000 | $0 | 6.50% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 4 | $990,000 | $247,500 | $0 | 5.43% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $0 | 7.54% |
| Durango, CO (FHA|USDA|VA) | 1 | $935,000 | $935,000 | $26,800 | 7.38% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $920,000 | $460,000 | $3,697 | 6.38% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $905,000 | $905,000 | $46,691 | 7.99% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $3,279 | 4.88% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $865,000 | $865,000 | $26,895 | 5.75% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $9,832 | 4.31% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $0 | 4.63% |
| KNOXVILLE, TN (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $0 | 5.75% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $10,871 | 6.06% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $0 | 5.50% |
| RACINE, WI (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 7.38% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $675,000 | $675,000 | $0 | 5.75% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $6,868 | 4.50% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $0 | 4.13% |
| Cortland, NY (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $13,949 | 5.88% |
| Sevierville, TN (FHA|USDA|VA) | 1 | $635,000 | $635,000 | $0 | 6.75% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $2,234 | 6.00% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $615,000 | $615,000 | $16,006 | 7.63% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $0 | 6.50% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $16,224 | 6.13% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $14,963 | 5.88% |
| FLINT, MI (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $8,511 | 4.06% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $0 | 4.88% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $0 | 4.38% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $19,683 | 6.25% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $16,847 | 8.25% |
| VISALIA, CA (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $0 | 6.75% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $0 | 4.25% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $16,700 | 5.50% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $12,680 | 5.88% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $11,537 | 6.00% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 4.38% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $6,760 | 4.75% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $0 | 6.75% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $11,752 | 6.63% |
| UTICA-ROME, NY (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $6,099 | 5.63% |
| TYLER, TX (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $22,781 | 6.25% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $0 | 7.44% |
| ABILENE, TX (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 5.38% |
| MIDLAND, MI (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $2,360 | 3.13% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $0 | 4.88% |
| Corsicana, TX (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $14,583 | 6.63% |
| AKRON, OH (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $19,195 | 7.88% |
| NILES, MI (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $0 | 6.63% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $11,309 | 6.88% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 7.13% |
| JACKSON, MI (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $3,178 | 3.21% |
| THE VILLAGES, FL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 4.13% |
| BRUNSWICK, GA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 6.50% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $10,713 | 5.25% |
| Wilson, NC (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $18,924 | 4.63% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 4.50% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $0 | 6.50% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $5,186 | 5.88% |
| Torrington, CT (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $5,410 | 5.63% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $12,155 | 6.88% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 5.38% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $10,757 | 4.38% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $14,699 | 3.99% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 3.88% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 6.75% |
| Adrian, MI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,410 | 5.75% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 4.88% |
| Laconia, NH (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $10,403 | 7.38% |
| Okeechobee, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 8.13% |
| Easton, MD (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $12,062 | 5.25% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,828 | 5.13% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $10,970 | 6.50% |
| OCALA, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 7.75% |
| Alma, MI (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,250 | 6.75% |
| ROCHESTER, NY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $9,749 | 5.25% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $8,485 | 4.99% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 7.63% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 6.50% |
| Plattsburgh, NY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,536 | 4.63% |
| Granbury, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $9,661 | 3.75% |
| SYRACUSE, NY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $9,360 | 6.50% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 6.88% |
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Product Mix
For 2022, Luxury Mortgage Corp.'s most frequently originated type of loan was Conventional, with 1,275 originations. Their 2nd most popular type was FHA, with 32 originations.
Loan Reason
For 2022, Luxury Mortgage Corp.'s most frequently cited loan purpose was Home Purchase, with 874 originations. The 2nd most popular reason was Cash Out Refi, with 294 originations.
Loan Duration/Length
For 2022, Luxury Mortgage Corp.'s most frequently cited loan duration was 30 Year, with 1,278 originations. The 2nd most popular length was 15 Year, with 19 originations.
Origination Fees/Closing Costs
Luxury Mortgage Corp.'s average total fees were $13,632, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 495 originations.
Interest Rates
During 2022, Luxury Mortgage Corp.'s average interest rate for loans was 5.40%, while their most frequently originated rate bucket for loans was 4-5%, with 444 originations.
Loan Sizing
2022 saw Luxury Mortgage Corp. place emphasis on $200k-400k loans with 430 originations, totaling $131,590,000 in origination value.
Applicant Income
Luxury Mortgage Corp. lent most frequently to those with incomes in the $250k+ range, with 324 originations. The second most popular income band? $50k or less, with 280 originations.
Applicant Debt to Income Ratio
Luxury Mortgage Corp. lent most frequently to those with DTI ratios of <20%, with 288 originations. The next most common DTI ratio? 20-30%, with 153 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications87.96%
Luxury Mortgage Corp. has an average approval rate.
Pick Rate
Approvals leading to origination39.21%
Luxury Mortgage Corp. 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 | 1,311 | $815,635,000 | $622,147 |