Luxury Mortgage Corp. Rates, Fees & Info
Dover, DELEI: 254900V6GCDMRQZ34D96
Tax ID: 06-1461914
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Mortgage 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
2,991Origination Dollar Volume (All Markets)
$1,773,855,000Awards
Luxury Mortgage Corp. - 2021
Luxury Mortgage Corp. is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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 applications92.24%
Luxury Mortgage Corp. has an average approval rate.
Pick Rate
Approvals leading to origination80.73%
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% |
