M. S. Flynn Mortgage Rates, Fees & Info

Pittsburgh, PA

LEI: 254900Y284LKY6C62B45

Tax ID: 25-1629231

Latest/2023 | 2022 Data | 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
  • 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

    M. S. Flynn is a smaller mortgage company specializing in Home Purchase loans. M. S. Flynn has a high proportion of conventional loans. Their top two markets are Pittsburgh and Somerset .

    M. S. Flynn 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. M. S. Flynn 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.

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    Originations

    74

    Origination Dollar Volume (All Markets)

    $22,610,000

    Awards

    M. S. Flynn 30 Year Conventional Loans gold M. S. Flynn 30 Year Conventional Loans silver
    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
    PITTSBURGH, PA (FHA|USDA|VA) 73 $22,355,000 $306,233 $5,590 4.21%
    Somerset, PA (FHA|USDA|VA) 1 $255,000 $255,000 $4,377 4.00%
    M. S. Flynn's top markets include Pittsburgh and Somerset among others.

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

    • Similar Lenders

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

    Westmoreland Federal Savings
    Similarity Rank: 12
    TRI BORO
    Similarity Rank: 25
    Commercial Bank and Trust of PA
    Similarity Rank: 57
    HANCOCK COUNTY SAVINGS BANK, FSB, INC.
    Similarity Rank: 88
    West View Savings Bank
    Similarity Rank: 102
    First Federal Savings and Loan Association of Greene Co
    Similarity Rank: 152
    M. S. Flynn, Inc.
    Similarity Rank: 204
    WELCOME HOME FINANCE, L.P.
    Similarity Rank: 348
    PENNSYLVANIA STATE EMPLOYEES Credit Union
    Similarity Rank: 570
    The Farmers National Bank of Emlenton
    Similarity Rank: 700

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 74 $22,610,000 $305,541 $5,574 4.21%

    For 2018, M. S. Flynn's most frequently originated type of loan was Conventional, with 74 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 71 $21,595,000 $304,155 $5,601 4.21%
    Refi 2 $770,000 $385,000 $4,586 3.88%
    Cash Out Refi 1 $245,000 $245,000 $5,629 4.50%

    For 2018, M. S. Flynn's most frequently cited loan purpose was Home Purchase, with 71 originations. The 2nd most popular reason was Refi, with 2 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 60 $18,750,000 $312,500 $5,621 4.31%
    15 Year 7 $1,525,000 $217,857 $5,159 3.46%
    20 Year 6 $1,710,000 $285,000 $5,147 4.01%
    Other 1 $625,000 $625,000 $8,244 4.50%

    For 2018, M. S. Flynn's most frequently cited loan duration was 30 Year, with 60 originations. The 2nd most popular length was 15 Year, with 7 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 33 $11,985,000 $363,182
    $2k-3k 27 $5,185,000 $192,037
    $<1k 11 $4,785,000 $435,000
    $3k-4k 1 $125,000 $125,000
    $5k+ 1 $425,000 $425,000

    M. S. Flynn's average total fees were $5,621, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 33 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 48 $15,210,000 $316,875
    3-4% 25 $7,035,000 $281,400
    2.5-3% 1 $365,000 $365,000

    During 2018, M. S. Flynn's average interest rate for loans was 4.31%, while their most frequently originated rate bucket for loans was 4-5%, with 48 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 36 $10,400,000 $288,889 $5,532 4.22%
    $100k-200k 20 $2,990,000 $149,500 $4,906 4.10%
    $400k-600k 13 $6,555,000 $504,231 $6,460 4.33%
    $600k-1MM 4 $2,570,000 $642,500 $6,798 4.31%
    $100,000 or less 1 $95,000 $95,000 $4,923 4.00%

    2018 saw M. S. Flynn place emphasis on $200k-400k loans with 36 originations, totaling $10,400,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 21 $5,265,000 $250,714 $5,314 4.24%
    $150k-250k 16 $6,910,000 $431,875 $6,264 4.33%
    $250k+ 12 $5,320,000 $443,333 $5,681 4.01%
    $75k-100k 11 $2,575,000 $234,091 $6,316 4.42%
    $50k-75k 9 $1,305,000 $145,000 $4,548 4.13%
    $50k or less 5 $1,235,000 $247,000 $4,551 3.85%

    M. S. Flynn lent most frequently to those with incomes in the $100k-150k range, with 21 originations. The second most popular income band? $150k-250k, with 16 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 25 $7,455,000 $298,200 $5,607 4.14%
    30-36% 21 $6,445,000 $306,905 $5,552 4.25%
    <20% 12 $3,800,000 $316,667 $5,220 4.31%
    36% 6 $1,900,000 $316,667 $6,140 4.07%
    37% 4 $1,060,000 $265,000 $5,068 4.31%
    39% 3 $1,065,000 $355,000 $5,106 4.17%
    38% 2 $460,000 $230,000 $4,956 4.31%
    44% 1 $425,000 $425,000 $11,262 4.13%

    M. S. Flynn lent most frequently to those with DTI ratios of 20-30%, with 25 originations. The next most common DTI ratio? 30-36%, with 21 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 61 $18,395,000 $301,557 $5,501 4.24%
    Asian 9 $2,895,000 $321,667 $5,575 3.98%
    Black 2 $660,000 $330,000 $7,586 3.88%
    Asian Indian 1 $535,000 $535,000 $0 4.57%
    Not provided 1 $125,000 $125,000 $5,962 4.75%

    Approval Rates

    Total approvals of all applications
    100.00%

    M. S. Flynn 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
    86.49%

    M. S. Flynn has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 74 $22,610,000 $305,541

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 74 $22,610,000 $305,541

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 3 $455,000 $151,667 $5,719 3.50%
    40-60% 7 $1,245,000 $177,857 $5,011 4.36%
    60-80% 27 $8,915,000 $330,185 $5,037 4.15%
    80-100% 36 $11,370,000 $315,833 $6,012 4.27%
    Over 100% 1 $625,000 $625,000 $8,244 4.50%