Luxury Mortgage Corp. Rates, Fees & Info

Dover, DE

LEI: 254900V6GCDMRQZ34D96

Tax ID: 06-1461914

1 stars - out of 5 stars, based on 55 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Luxury Mortgage Corp. is a small mortgage company specializing in Home Purchase and 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.) They have a low ratio of USDA loans. Their top markets include New York, Los Angeles, Boston, Miami, and Detroit among others. Luxury Mortgage Corp. 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. Luxury Mortgage Corp. is typically a high fee lendor.


Originations

2,991

Origination Dollar Volume (All Markets)

$1,773,855,000

Awards

Luxury Mortgage Corp. 30 Year Conventional Loans bronze Luxury Mortgage Corp. 30 Year Conventional Loans bronze
Show all (2) awards

Relative Rate

Luxury Mortgage Corp.'s average 30 year fixed rate mortgage of loans were 3.59%.

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

This yields a difference of 0.44%.

Relative Fees

Luxury Mortgage Corp.'s average total fees for a 30 year fixed rate mortgage are $9,973.

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
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 924 $505,650,000 $547,240 $8,712 3.24%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 337 $394,195,000 $1,169,718 $19,822 4.11%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 260 $114,340,000 $439,769 $4,280 2.96%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 179 $113,255,000 $632,709 $12,750 3.59%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 239 $67,835,000 $283,828 $4,052 3.13%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 113 $64,445,000 $570,310 $6,874 3.02%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 55 $59,105,000 $1,074,636 $14,798 4.02%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 37 $33,255,000 $898,784 $16,872 4.21%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 48 $29,190,000 $608,125 $11,320 4.39%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 23 $21,435,000 $931,957 $16,048 4.09%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 20 $19,720,000 $986,000 $4,661 4.74%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 40 $15,950,000 $398,750 $5,978 3.12%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 26 $14,960,000 $575,385 $6,636 4.59%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) 41 $13,235,000 $322,805 $5,877 3.01%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 18 $12,660,000 $703,333 $9,731 3.51%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 22 $11,080,000 $503,636 $13,115 4.17%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 13 $10,605,000 $815,769 $17,654 3.73%
Outside of Metro Areas 30 $9,880,000 $329,333 $6,260 3.39%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 16 $8,810,000 $550,625 $11,556 4.26%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 17 $8,505,000 $500,294 $11,456 3.73%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 15 $8,455,000 $563,667 $15,235 4.35%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 9 $8,195,000 $910,556 $18,826 3.83%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 6 $7,980,000 $1,330,000 $21,666 3.75%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 21 $7,445,000 $354,524 $10,183 4.40%
JACKSONVILLE, FL (FHA|USDA|VA) 15 $7,445,000 $496,333 $11,121 3.74%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 21 $7,385,000 $351,667 $3,486 2.93%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 12 $7,080,000 $590,000 $12,482 3.47%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 17 $6,635,000 $390,294 $11,215 3.80%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 18 $6,020,000 $334,444 $5,185 2.90%
FRESNO, CA (FHA|USDA|VA) 8 $5,440,000 $680,000 $16,205 4.08%
Heber, UT (FHA|USDA|VA) 3 $5,215,000 $1,738,333 $16,609 4.17%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 7 $5,165,000 $737,857 $14,052 4.16%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 11 $5,125,000 $465,909 $11,807 3.47%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 15 $4,925,000 $328,333 $9,441 4.51%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 14 $4,920,000 $351,429 $4,533 3.23%
SALINAS, CA (FHA|USDA|VA) 6 $4,830,000 $805,000 $24,147 4.27%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 11 $4,805,000 $436,818 $9,242 4.15%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 6 $4,790,000 $798,333 $13,311 4.35%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 8 $4,680,000 $585,000 $8,742 3.87%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 8 $4,680,000 $585,000 $8,809 3.69%
RALEIGH-CARY, NC (FHA|USDA|VA) 6 $4,530,000 $755,000 $16,080 4.06%
WORCESTER, MA-CT (FHA|USDA|VA) 13 $4,355,000 $335,000 $2,912 2.70%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $4,165,000 $833,000 $14,413 4.25%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $4,155,000 $831,000 $9,634 4.97%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 6 $3,760,000 $626,667 $5,160 3.71%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 7 $3,115,000 $445,000 $5,860 4.05%
KINGSTON, NY (FHA|USDA|VA) 8 $3,080,000 $385,000 $9,327 3.33%
ANN ARBOR, MI (FHA|USDA|VA) 12 $3,030,000 $252,500 $3,170 3.04%
GAINESVILLE, GA (FHA|USDA|VA) 6 $2,750,000 $458,333 $11,884 3.88%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 3 $2,665,000 $888,333 $7,784 3.79%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 5 $2,415,000 $483,000 $12,101 3.75%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $2,380,000 $396,667 $8,520 3.81%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 5 $2,165,000 $433,000 $7,693 3.53%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $2,150,000 $1,075,000 $13,623 3.19%
WENATCHEE, WA (FHA|USDA|VA) 2 $2,110,000 $1,055,000 $9,422 4.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $2,085,000 $2,085,000 $46,605 3.75%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 5 $2,035,000 $407,000 $6,046 3.75%
WILMINGTON, NC (FHA|USDA|VA) 3 $1,885,000 $628,333 $11,293 3.62%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $1,790,000 $447,500 $10,241 3.94%
SAVANNAH, GA (FHA|USDA|VA) 6 $1,770,000 $295,000 $4,457 4.94%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 6 $1,770,000 $295,000 $4,848 3.04%
PUNTA GORDA, FL (FHA|USDA|VA) 4 $1,660,000 $415,000 $10,583 4.68%
Hudson, NY (FHA|USDA|VA) 5 $1,625,000 $325,000 $7,704 3.00%
GLENS FALLS, NY (FHA|USDA|VA) 1 $1,425,000 $1,425,000 $28,751 4.38%
ROCHESTER, NY (FHA|USDA|VA) 3 $1,385,000 $461,667 $9,603 3.71%
FLINT, MI (FHA|USDA|VA) 5 $1,385,000 $277,000 $6,188 3.63%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 3 $1,365,000 $455,000 $19,623 4.17%
WINCHESTER, VA-WV (FHA|USDA|VA) 2 $1,350,000 $675,000 $15,870 4.31%
Traverse City, MI (FHA|USDA|VA) 5 $1,295,000 $259,000 $3,889 3.13%
OCEAN CITY, NJ (FHA|USDA|VA) 4 $1,290,000 $322,500 $4,012 4.34%
Torrington, CT (FHA|USDA|VA) 4 $1,260,000 $315,000 $4,966 3.25%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 5 $1,255,000 $251,000 $5,082 4.47%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 3 $1,225,000 $408,333 $11,966 3.83%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $1,220,000 $610,000 $14,995 3.13%
STOCKTON, CA (FHA|USDA|VA) 2 $1,220,000 $610,000 $7,568 3.75%
OCALA, FL (FHA|USDA|VA) 7 $1,175,000 $167,857 $4,475 2.82%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 5 $1,135,000 $227,000 $5,935 4.10%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $1,125,000 $1,125,000 $21,797 3.13%
COLUMBUS, OH (FHA|USDA|VA) 1 $1,125,000 $1,125,000 $8,278 3.99%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 4 $1,100,000 $275,000 $6,171 4.99%
PROVO-OREM, UT (FHA|USDA|VA) 2 $1,070,000 $535,000 $2,730 5.25%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $1,055,000 $351,667 $5,255 3.71%
PORT ST. LUCIE, FL (FHA|USDA|VA) 4 $1,030,000 $257,500 $7,348 3.44%
BOULDER, CO (FHA|USDA|VA) 2 $1,020,000 $510,000 $9,578 3.56%
SHERMAN-DENISON, TX (FHA|USDA|VA) 2 $1,010,000 $505,000 $13,411 4.94%
Glenwood Springs, CO (FHA|USDA|VA) 1 $1,005,000 $1,005,000 $3,409 3.63%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 2 $1,000,000 $500,000 $2,836 4.75%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $945,000 $945,000 $33,428 3.13%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $940,000 $470,000 $4,577 4.19%
SALT LAKE CITY, UT (FHA|USDA|VA) 2 $910,000 $455,000 $0 4.94%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 2 $910,000 $455,000 $10,863 4.37%
NAPA, CA (FHA|USDA|VA) 1 $855,000 $855,000 $9,030 2.88%
MERCED, CA (FHA|USDA|VA) 1 $845,000 $845,000 $0 3.50%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 3 $845,000 $281,667 $6,867 3.92%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $845,000 $845,000 $28,999 4.13%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $795,000 $265,000 $3,253 4.21%
BEND, OR (FHA|USDA|VA) 1 $735,000 $735,000 $0 4.75%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 2 $710,000 $355,000 $10,285 3.56%
PITTSBURGH, PA (FHA|USDA|VA) 3 $675,000 $225,000 $9,181 4.62%
Kill Devil Hills, NC (FHA|USDA|VA) 2 $670,000 $335,000 $11,469 3.69%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $650,000 $325,000 $1,115 3.88%
BELLINGHAM, WA (FHA|USDA|VA) 1 $645,000 $645,000 $20,406 4.13%
Alexander City, AL (FHA|USDA|VA) 1 $635,000 $635,000 $16,874 3.63%
BINGHAMTON, NY (FHA|USDA|VA) 1 $615,000 $615,000 $14,455 4.75%
EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $615,000 $205,000 $3,446 3.67%
Eureka-Arcata, CA (FHA|USDA|VA) 1 $565,000 $565,000 $0 3.99%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 2 $560,000 $280,000 $7,121 5.06%
TYLER, TX (FHA|USDA|VA) 1 $545,000 $545,000 $19,847 4.99%
MODESTO, CA (FHA|USDA|VA) 1 $545,000 $545,000 $0 3.88%
RICHMOND, VA (FHA|USDA|VA) 1 $525,000 $525,000 $12,965 3.50%
READING, PA (FHA|USDA|VA) 2 $520,000 $260,000 $10,488 4.63%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $500,000 $250,000 $7,444 4.18%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $495,000 $495,000 $5,728 2.88%
Granbury, TX (FHA|USDA|VA) 1 $475,000 $475,000 $0 3.25%
VALLEJO, CA (FHA|USDA|VA) 1 $445,000 $445,000 $12,587 3.38%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $435,000 $435,000 $3,812 2.50%
MONROE, MI (FHA|USDA|VA) 2 $430,000 $215,000 $2,863 3.25%
Lebanon, NH-VT (FHA|USDA|VA) 2 $430,000 $215,000 $3,040 2.50%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $430,000 $215,000 $3,487 3.31%
SALEM, OR (FHA|USDA|VA) 1 $425,000 $425,000 $3,496 3.25%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $425,000 $425,000 $0 3.88%
Laconia, NH (FHA|USDA|VA) 1 $415,000 $415,000 $2,328 3.00%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $415,000 $415,000 $18,472 4.75%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $395,000 $395,000 $15,329 5.13%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $385,000 $385,000 $16,486 5.99%
LUBBOCK, TX (FHA|USDA|VA) 1 $385,000 $385,000 $15,945 3.38%
Hillsdale, MI (FHA|USDA|VA) 1 $385,000 $385,000 $3,773 3.25%
MADERA, CA (FHA|USDA|VA) 1 $365,000 $365,000 $12,140 3.50%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $355,000 $355,000 $19,164 5.50%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $345,000 $345,000 $0 4.38%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 1 $345,000 $345,000 $3,476 3.25%
Vineyard Haven, MA (FHA|USDA|VA) 1 $335,000 $335,000 $5,138 4.13%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $325,000 $325,000 $2,465 3.00%
UTICA-ROME, NY (FHA|USDA|VA) 1 $325,000 $325,000 $10,649 3.00%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $325,000 $325,000 $13,030 4.88%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $320,000 $160,000 $9,755 7.00%
CHICO, CA (FHA|USDA|VA) 1 $315,000 $315,000 $9,826 3.25%
Boone, NC (FHA|USDA|VA) 1 $315,000 $315,000 $2,858 3.88%
SALISBURY, MD-DE (FHA|USDA|VA) 1 $315,000 $315,000 $13,449 3.88%
Augusta-Waterville, ME (FHA|USDA|VA) 1 $305,000 $305,000 $3,155 2.63%
Oneonta, NY (FHA|USDA|VA) 1 $295,000 $295,000 $3,283 3.00%
LONGVIEW, WA (FHA|USDA|VA) 1 $295,000 $295,000 $8,958 4.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $295,000 $295,000 $2,190 5.63%
Thomasville, GA (FHA|USDA|VA) 1 $285,000 $285,000 $3,205 2.63%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $285,000 $285,000 $2,483 2.75%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1 $285,000 $285,000 $0 4.38%
LONGVIEW, TX (FHA|USDA|VA) 1 $275,000 $275,000 $8,276 4.99%
Brookings, OR (FHA|USDA|VA) 1 $275,000 $275,000 $0 5.13%
Concord, NH (FHA|USDA|VA) 1 $265,000 $265,000 $2,467 3.00%
Lawrenceburg, TN (FHA|USDA|VA) 1 $245,000 $245,000 $7,805 2.63%
STAUNTON, VA (FHA|USDA|VA) 1 $245,000 $245,000 $2,722 2.75%
PANAMA CITY, FL (FHA|USDA|VA) 1 $245,000 $245,000 $11,721 4.88%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $240,000 $120,000 $7,025 4.63%
AMARILLO, TX (FHA|USDA|VA) 1 $225,000 $225,000 $13,430 5.25%
Cookeville, TN (FHA|USDA|VA) 1 $225,000 $225,000 $10,569 5.50%
LANCASTER, PA (FHA|USDA|VA) 1 $225,000 $225,000 $5,047 3.50%
Berlin, NH (FHA|USDA|VA) 1 $205,000 $205,000 $2,870 3.38%
Greeneville, TN (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.50%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $195,000 $195,000 $3,496 3.63%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $195,000 $195,000 $9,935 4.13%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $185,000 $185,000 $0 4.38%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $185,000 $185,000 $7,160 5.38%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $175,000 $175,000 $5,947 3.38%
ALBANY, GA (FHA|USDA|VA) 1 $165,000 $165,000 $7,143 4.88%
ST. CLOUD, MN (FHA|USDA|VA) 1 $155,000 $155,000 $0 6.13%
Statesboro, GA (FHA|USDA|VA) 1 $145,000 $145,000 $3,205 3.00%
Cornelia, GA (FHA|USDA|VA) 1 $125,000 $125,000 $3,122 3.38%
Newport, TN (FHA|USDA|VA) 1 $95,000 $95,000 $6,576 6.13%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $75,000 $75,000 $6,030 5.99%

Luxury Mortgage Corp.'s top markets include New York, Los Angeles, Boston, Miami, and Detroit among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 2,918 $1,748,500,000 $599,212 $9,518 3.52%
FHA 64 $23,340,000 $364,688 $11,549 3.12%
VA 8 $1,880,000 $235,000 $5,998 3.02%
USDA 1 $135,000 $135,000 $5,499 2.75%

For the 2021 period, Luxury Mortgage Corp.'s most frequently originated loan type of loans were Conventional, with 2,918 originations. Their 2nd most popular type is FHA, with 64 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,507 $903,085,000 $599,260 $10,619 3.70%
Refi 978 $521,590,000 $533,323 $7,253 3.06%
Cash Out Refi 506 $349,180,000 $690,079 $11,022 3.82%

For the 2021, Luxury Mortgage Corp.'s most frequently cited loan purpose of loans were Home Purchase, with 1,507 originations. The 2nd most popular reason of loans were Refi, with 978 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,738 $1,664,350,000 $607,871 $9,973 3.59%
15 Year 142 $54,160,000 $381,408 $4,599 2.51%
20 Year 77 $36,405,000 $472,792 $4,978 2.68%
Other 14 $4,530,000 $323,571 $3,365 2.86%
30+ year 12 $12,470,000 $1,039,167 $18,172 3.49%
10 Year 8 $1,940,000 $242,500 $3,789 2.42%

For the 2021, Luxury Mortgage Corp.'s most frequently cited loan length of loans were 30 Year, with 2,738 originations. The 2nd most popular length of loans were 15 Year, with 142 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 1,419 $603,615,000 $425,381
$5k+ 885 $779,125,000 $880,367
$2k-3k 192 $83,270,000 $433,698
$3k-4k 184 $84,680,000 $460,217
$<1k 110 $77,310,000 $702,818

$9,973 of loans were Luxury Mortgage Corp.'s average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 1,419 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,135 $734,175,000 $646,850
2.5-3% 843 $363,185,000 $430,824
4-5% 504 $408,190,000 $809,901
<2.5% 295 $110,825,000 $375,678
5-6% 190 $148,250,000 $780,263
6-7% 20 $9,070,000 $453,500
7-8% 1 $115,000 $115,000

During 2021, Luxury Mortgage Corp.'s average interest rate of loans were 3.59%, while their most frequently originated rate bucket of loans were 3-4%, with 1,135 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 953 $293,075,000 $307,529 $5,535 3.36%
$400k-600k 852 $416,550,000 $488,908 $7,097 3.28%
$600k-1MM 479 $362,185,000 $756,127 $12,219 3.83%
$1MM+ 406 $656,640,000 $1,617,340 $26,155 4.10%
$100k-200k 272 $43,180,000 $158,750 $4,110 3.36%
$100,000 or less 29 $2,225,000 $76,724 $2,880 3.25%

2021 saw Luxury Mortgage Corp. place emphasis on $200k-400k loans with 953 originations, totaling $293,075,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$250k+ 774 $733,900,000 $948,191 $15,121 3.71%
$100k-150k 588 $235,820,000 $401,054 $6,095 3.15%
$150k-250k 564 $276,860,000 $490,887 $7,095 3.26%
$50k or less 540 $366,660,000 $679,000 $12,805 4.21%
$75k-100k 315 $103,285,000 $327,889 $5,740 3.19%
$50k-75k 198 $46,000,000 $232,323 $4,442 3.10%

Luxury Mortgage Corp. lent most frequently to those with incomes in the $250k+ range, with 774 originations. The second most popular income band? $100k-150k, with 588 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
<20% 582 $394,320,000 $677,526 $12,045 3.91%
20-30% 531 $300,225,000 $565,395 $8,473 3.24%
30-36% 426 $217,330,000 $510,164 $8,014 3.28%
49% 125 $60,005,000 $480,040 $7,325 3.23%
42% 103 $55,705,000 $540,825 $9,441 3.39%
44% 101 $48,285,000 $478,069 $7,844 3.32%
38% 99 $61,385,000 $620,051 $9,122 3.27%
40% 97 $54,685,000 $563,763 $9,070 3.41%
41% 95 $49,695,000 $523,105 $8,141 3.34%
39% 93 $62,265,000 $669,516 $8,518 3.28%
36% 83 $57,045,000 $687,289 $11,154 3.43%
37% 82 $46,150,000 $562,805 $8,478 3.41%
48% 81 $44,795,000 $553,025 $9,241 3.34%
43% 79 $38,095,000 $482,215 $7,686 3.27%
47% 70 $31,700,000 $452,857 $8,579 3.37%
46% 60 $32,130,000 $535,500 $8,305 3.35%
45% 54 $26,040,000 $482,222 $7,111 3.33%
50-60% 24 $13,480,000 $561,667 $13,690 3.42%

Luxury Mortgage Corp. lent most frequently to those with DTI ratios of <20%, with 582 originations. The next most common DTI ratio? 20-30%, with 531 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 1,962 $1,124,070,000 $572,920 $8,964 3.45%
Not provided 757 $477,485,000 $630,760 $11,052 3.58%
Asian 152 $105,400,000 $693,421 $9,179 3.77%
Black 108 $61,520,000 $569,630 $10,400 3.74%
Native Hawaiian 3 $2,105,000 $701,667 $0 4.13%
American Indian 5 $1,195,000 $239,000 $3,931 3.93%
Other Asian 2 $1,000,000 $500,000 $18,315 3.44%
Other Pacific Islander 1 $565,000 $565,000 $19,770 3.50%
Asian Indian 1 $515,000 $515,000 $13,657 3.88%

Approval Rates

Total approvals of all applications
92.24%

Luxury Mortgage Corp. has an average approval rate.

Pick Rate

Approvals leading to origination
80.73%

Luxury Mortgage Corp. has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 2,991 $1,773,855,000 $593,064

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
2,991 $1,773,855,000 $593,064

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 174 $86,710,000 $498,333 $7,382 3.16%
40-60% 596 $377,110,000 $632,735 $8,527 3.23%
60-80% 1,394 $873,280,000 $626,456 $10,112 3.64%
80-100% 809 $429,585,000 $531,007 $9,896 3.59%
Over 100% 1 $245,000 $245,000 $7,805 2.63%
Under 20% 17 $6,925,000 $407,353 $7,046 2.60%