Assurance Financial Group Mortgage Rates, Fees & Info

Baton Rouge, LA

LEI: 254900ZX1UPIG2E7TH11

Tax ID: 72-1505298

5 stars - Updated: 5/27/24 - out of 5 stars, based on 50 reviews

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

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Mortgage Data

Review & Overview

Assurance Financial Group is a smaller mortgage company specializing in Home Purchase loans. Assurance Financial Group has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Baton Rouge, Birmingham, Lafayette, Houma, and Atlanta among others. We have data for 126 markets. (Some data included below & more in-depth data is available with an active subscription.)

Assurance Financial Group 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. Assurance Financial Group 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 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
Home Equity Line of Credit (HELOC) 7.79% 5/27/24
30 Year Conventional Purchase 6.84% 5/27/24
30 Year Conventional Refi 6.77% 5/27/24
30 Year Cash-out Refi 6.98% 5/27/24
30 Year FHA Purchase 7.57% 5/27/24
30 Year FHA Refi 7.05% 5/27/24
30 Year VA Purchase 6.58% 5/27/24
30 Year VA Refi 6.50% 5/27/24
30 Year USDA Purchase 6.93% 5/27/24
30 Year USDA Refi 6.76% 5/27/24
15 Year Conventional Purchase 6.36% 5/27/24
15 Year Conventional Refi 6.49% 5/27/24
15 Year Cash-out Refi 6.49% 5/27/24
15 Year VA Refi 7.15% 5/27/24
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.

Assurance Financial Group Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Assurance Financial Group. 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

2,508

Origination Dollar Volume (All Markets)

$605,820,000

Awards

Assurance Financial Group 30 Year Conventional Loans gold Assurance Financial Group FHA Loans gold Assurance Financial Group 30 Year Conventional Loans gold Assurance Financial Group FHA Loans gold
Show all (4) awards

Relative Rate

Assurance Financial Group's average 30 year fixed mortgage rate was 6.83%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.35%.

Relative Fees (Closing Costs)

Assurance Financial Group's average total fees/closing costs for a 30 year fixed rate mortgage were $7,441.

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 $9,089.

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
BATON ROUGE, LA (FHA|USDA|VA) 514 $132,630,000 $258,035 $7,128 6.81%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 197 $46,405,000 $235,558 $5,899 7.09%
LAFAYETTE, LA (FHA|USDA|VA) 188 $41,920,000 $222,979 $6,370 6.89%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 188 $38,340,000 $203,936 $7,854 6.61%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 97 $37,165,000 $383,144 $8,517 6.78%
COLUMBIA, SC (FHA|USDA|VA) 153 $31,405,000 $205,261 $6,622 6.47%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 146 $25,160,000 $172,329 $5,203 7.00%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 105 $24,235,000 $230,810 $6,279 6.90%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 50 $20,310,000 $406,200 $13,610 6.52%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 80 $20,240,000 $253,000 $8,097 6.93%
Outside of Metro Areas 101 $20,085,000 $198,861 $7,128 6.57%
MONROE, LA (FHA|USDA|VA) 105 $19,405,000 $184,810 $8,363 6.62%
HUNTSVILLE, AL (FHA|USDA|VA) 79 $17,755,000 $224,747 $6,884 6.88%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 40 $10,880,000 $272,000 $6,767 6.87%
Troy, AL (FHA|USDA|VA) 44 $9,750,000 $221,591 $8,093 6.59%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 21 $7,025,000 $334,524 $8,160 6.95%
TUSCALOOSA, AL (FHA|USDA|VA) 25 $6,255,000 $250,200 $7,068 6.75%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 16 $6,220,000 $388,750 $11,073 7.65%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 15 $5,865,000 $391,000 $10,543 6.64%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 22 $4,040,000 $183,636 $7,715 4.96%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $3,800,000 $950,000 $12,714 6.44%
HAMMOND, LA (FHA|USDA|VA) 17 $3,695,000 $217,353 $6,378 6.70%
RICHMOND, VA (FHA|USDA|VA) 11 $3,645,000 $331,364 $8,264 6.90%
Opelousas, LA (FHA|USDA|VA) 17 $3,345,000 $196,765 $7,324 6.78%
LYNCHBURG, VA (FHA|USDA|VA) 12 $2,700,000 $225,000 $6,028 7.13%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 5 $2,475,000 $495,000 $10,163 7.35%
DECATUR, AL (FHA|USDA|VA) 15 $2,265,000 $151,000 $4,608 6.99%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 5 $2,135,000 $427,000 $7,572 6.67%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 8 $2,050,000 $256,250 $5,957 6.16%
MOBILE, AL (FHA|USDA|VA) 10 $1,970,000 $197,000 $5,599 6.82%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 5 $1,745,000 $349,000 $17,071 6.68%
Ruston, LA (FHA|USDA|VA) 7 $1,705,000 $243,571 $8,778 6.79%
SUMTER, SC (FHA|USDA|VA) 10 $1,650,000 $165,000 $5,806 5.42%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 7 $1,545,000 $220,714 $7,560 6.93%
Talladega-Sylacauga, AL (FHA|USDA|VA) 10 $1,500,000 $150,000 $5,448 7.07%
Albertville, AL (FHA|USDA|VA) 5 $1,415,000 $283,000 $5,567 6.50%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $1,255,000 $1,255,000 $21,227 5.88%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $1,255,000 $418,333 $8,541 7.37%
JONESBORO, AR (FHA|USDA|VA) 6 $1,130,000 $188,333 $6,122 7.99%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $1,050,000 $525,000 $9,529 6.38%
MONTGOMERY, AL (FHA|USDA|VA) 5 $955,000 $191,000 $5,407 6.67%
JACKSONVILLE, FL (FHA|USDA|VA) 3 $935,000 $311,667 $8,044 6.29%
Natchez, MS-LA (FHA|USDA|VA) 7 $925,000 $132,143 $5,600 6.82%
Cornelia, GA (FHA|USDA|VA) 3 $915,000 $305,000 $6,854 7.37%
TULSA, OK (FHA|USDA|VA) 2 $900,000 $450,000 $11,960 7.37%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 2 $880,000 $440,000 $10,390 7.12%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $875,000 $291,667 $10,910 6.29%
ALEXANDRIA, LA (FHA|USDA|VA) 6 $850,000 $141,667 $5,429 7.10%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 4 $830,000 $207,500 $5,975 6.47%
Minden, LA (FHA|USDA|VA) 5 $815,000 $163,000 $6,396 6.92%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 3 $775,000 $258,333 $8,600 6.50%
LAKE CHARLES, LA (FHA|USDA|VA) 3 $765,000 $255,000 $8,356 7.08%
JACKSON, MS (FHA|USDA|VA) 3 $725,000 $241,667 $6,693 7.17%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $725,000 $725,000 $16,032 5.99%
GAINESVILLE, GA (FHA|USDA|VA) 2 $670,000 $335,000 $7,468 6.81%
Alexander City, AL (FHA|USDA|VA) 2 $650,000 $325,000 $6,101 8.06%
BRUNSWICK, GA (FHA|USDA|VA) 1 $615,000 $615,000 $18,580 7.50%
SAVANNAH, GA (FHA|USDA|VA) 2 $610,000 $305,000 $8,210 6.44%
Morgan City, LA (FHA|USDA|VA) 3 $605,000 $201,667 $6,296 6.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $605,000 $605,000 $12,842 5.25%
Natchitoches, LA (FHA|USDA|VA) 3 $595,000 $198,333 $9,000 6.67%
Enterprise, AL (FHA|USDA|VA) 5 $585,000 $117,000 $3,654 7.07%
Eufaula, AL-GA (FHA|USDA|VA) 5 $585,000 $117,000 $4,484 6.65%
JACKSON, TN (FHA|USDA|VA) 2 $560,000 $280,000 $7,760 6.87%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $540,000 $270,000 $9,904 7.50%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 2 $530,000 $265,000 $9,320 6.87%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $525,000 $525,000 $7,725 7.38%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $505,000 $505,000 $16,197 8.25%
BOULDER, CO (FHA|USDA|VA) 1 $495,000 $495,000 $2,950 6.50%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $495,000 $495,000 $17,928 6.50%
Athens, TX (FHA|USDA|VA) 1 $485,000 $485,000 $6,178 7.13%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $485,000 $485,000 $7,591 6.13%
FLORENCE, SC (FHA|USDA|VA) 5 $485,000 $97,000 $4,683 3.85%
OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $475,000 $475,000 $27,327 5.99%
Jasper, AL (FHA|USDA|VA) 4 $470,000 $117,500 $3,680 7.09%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $470,000 $235,000 $7,736 5.69%
PANAMA CITY, FL (FHA|USDA|VA) 2 $460,000 $230,000 $6,505 6.56%
Ozark, AL (FHA|USDA|VA) 3 $455,000 $151,667 $5,682 6.63%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $455,000 $455,000 $8,334 6.63%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $455,000 $455,000 $15,584 5.75%
Cullman, AL (FHA|USDA|VA) 2 $450,000 $225,000 $7,914 6.69%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $450,000 $225,000 $6,563 8.94%
LONGVIEW, TX (FHA|USDA|VA) 1 $435,000 $435,000 $12,105 6.75%
BOISE CITY, ID (FHA|USDA|VA) 1 $435,000 $435,000 $5,027 6.62%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $425,000 $425,000 $6,948 7.50%
Wapakoneta, OH (FHA|USDA|VA) 1 $415,000 $415,000 $15,017 5.99%
Orangeburg, SC (FHA|USDA|VA) 2 $410,000 $205,000 $7,444 7.31%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $400,000 $200,000 $5,244 6.81%
Picayune, MS (FHA|USDA|VA) 2 $380,000 $190,000 $6,797 7.06%
DOTHAN, AL (FHA|USDA|VA) 1 $375,000 $375,000 $8,094 6.50%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $375,000 $375,000 $17,929 7.25%
FORT COLLINS, CO (FHA|USDA|VA) 1 $365,000 $365,000 $8,748 6.88%
Bogalusa, LA (FHA|USDA|VA) 1 $355,000 $355,000 $18,810 5.63%
Statesboro, GA (FHA|USDA|VA) 1 $355,000 $355,000 $6,968 6.13%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1 $355,000 $355,000 $7,021 6.99%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $340,000 $170,000 $9,538 6.13%
Brevard, NC (FHA|USDA|VA) 1 $335,000 $335,000 $10,323 5.99%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $335,000 $335,000 $10,889 6.50%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 3 $335,000 $111,667 $4,730 6.71%
ASHEVILLE, NC (FHA|USDA|VA) 2 $320,000 $160,000 $0 10.50%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 1 $315,000 $315,000 $4,376 6.88%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $305,000 $305,000 $6,251 6.62%
KNOXVILLE, TN (FHA|USDA|VA) 1 $295,000 $295,000 $4,520 6.63%
CLEVELAND, TN (FHA|USDA|VA) 1 $255,000 $255,000 $6,833 6.99%
SPARTANBURG, SC (FHA|USDA|VA) 1 $255,000 $255,000 $6,370 6.63%
Faribault-Northfield, MN (FHA|USDA|VA) 1 $255,000 $255,000 $7,439 6.50%
WILMINGTON, NC (FHA|USDA|VA) 1 $245,000 $245,000 $8,287 7.50%
ALBANY, GA (FHA|USDA|VA) 1 $235,000 $235,000 $7,646 7.25%
Jefferson, GA (FHA|USDA|VA) 1 $235,000 $235,000 $4,395 6.50%
HATTIESBURG, MS (FHA|USDA|VA) 1 $225,000 $225,000 $6,361 6.13%
Oxford, MS (FHA|USDA|VA) 1 $215,000 $215,000 $3,908 6.50%
Starkville, MS (FHA|USDA|VA) 2 $210,000 $105,000 $1,968 6.75%
Thomaston, GA (FHA|USDA|VA) 1 $205,000 $205,000 $0 7.38%
Mount Vernon, IL (FHA|USDA|VA) 1 $195,000 $195,000 $1,945 6.88%
HOT SPRINGS, AR (FHA|USDA|VA) 2 $180,000 $90,000 $4,485 8.63%
ENID, OK (FHA|USDA|VA) 1 $175,000 $175,000 $8,474 6.50%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $155,000 $155,000 $8,984 7.25%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $145,000 $145,000 $6,579 6.12%
El Dorado, AR (FHA|USDA|VA) 1 $145,000 $145,000 $6,154 6.12%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $125,000 $125,000 $5,009 6.50%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $125,000 $125,000 $6,635 6.88%
Greenwood, SC (FHA|USDA|VA) 1 $125,000 $125,000 $3,822 6.50%
ROME, GA (FHA|USDA|VA) 1 $125,000 $125,000 $3,939 7.50%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $115,000 $115,000 $0 8.00%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.88%
Scottsboro, AL (FHA|USDA|VA) 1 $55,000 $55,000 $3,485 7.38%
Assurance Financial Group's top markets include Baton Rouge, Birmingham, Lafayette, Houma, and Atlanta among others.

Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,598 $394,560,000 $246,909 $5,944 6.75%
    FHA 568 $129,090,000 $227,271 $10,367 6.76%
    VA 173 $53,765,000 $310,780 $7,972 6.61%
    USDA 141 $25,475,000 $180,674 $7,354 6.66%
    HELOC 28 $2,930,000 $104,643 n/a 10.43%

    For 2023, Assurance Financial Group's most frequently originated type of loan was Conventional, with 1,598 originations. Their 2nd most popular type was FHA, with 568 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,246 $546,260,000 $243,215 $7,207 6.70%
    Refi 158 $39,830,000 $252,089 $6,816 7.30%
    Cash Out Refi 84 $16,690,000 $198,690 $7,438 7.56%
    Home Improvement 16 $2,670,000 $166,875 $7,856 7.81%
    Other 3 $265,000 $88,333 $0 10.08%
    NA 1 $105,000 $105,000 $0 11.50%

    For 2023, Assurance Financial Group's most frequently cited loan purpose was Home Purchase, with 2,246 originations. The 2nd most popular reason was Refi, with 158 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,367 $592,085,000 $250,142 $7,441 6.83%
    10 Year 58 $680,000 $11,724 $175 6.63%
    15 Year 42 $7,680,000 $182,857 $5,226 5.06%
    20 Year 22 $2,680,000 $121,818 $4,331 5.85%
    30+ year 7 $1,645,000 $235,000 $5,232 8.33%
    Other 7 $1,025,000 $146,429 $9,145 6.93%
    3 Year 5 $25,000 $5,000 $0 0.00%

    For 2023, Assurance Financial Group's most frequently cited loan duration was 30 Year, with 2,367 originations. The 2nd most popular length was 10 Year, with 58 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 622 $128,950,000 $207,315
    $5k+ 509 $185,715,000 $364,862
    $2k-3k 461 $94,445,000 $204,870
    $3k-4k 421 $97,015,000 $230,439
    $4k-5k 266 $68,440,000 $257,293
    $<1k 179 $24,165,000 $135,000

    Assurance Financial Group's average total fees were $7,441, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 622 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 1,339 $329,885,000 $246,367
    7-8% 790 $192,000,000 $243,038
    5-6% 246 $65,810,000 $267,520
    Over 8% 96 $17,490,000 $182,188
    <2.5% 35 $185,000 $5,286
    4-5% 2 $450,000 $225,000

    During 2023, Assurance Financial Group's average interest rate for loans was 6.83%, while their most frequently originated rate bucket for loans was 6-7%, with 1,339 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,081 $296,185,000 $273,992 $8,081 6.80%
    $100k-200k 833 $128,685,000 $154,484 $5,913 6.85%
    $100,000 or less 293 $16,495,000 $56,297 $3,004 6.44%
    $400k-600k 220 $104,860,000 $476,636 $11,025 6.85%
    $600k-1MM 77 $53,585,000 $695,909 $11,504 6.82%
    $1MM+ 4 $6,010,000 $1,502,500 $21,593 7.00%

    2023 saw Assurance Financial Group place emphasis on $200k-400k loans with 1,081 originations, totaling $296,185,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 620 $109,140,000 $176,032 $6,314 6.53%
    $100k-150k 550 $154,860,000 $281,564 $8,313 6.89%
    $75k-100k 533 $113,465,000 $212,880 $6,895 6.78%
    $150k-250k 346 $120,780,000 $349,075 $8,131 6.98%
    $50k or less 312 $40,590,000 $130,096 $5,381 6.64%
    $250k+ 138 $64,790,000 $469,493 $9,819 7.20%

    Assurance Financial Group lent most frequently to those with incomes in the $50k-75k range, with 620 originations. The second most popular income band? $100k-150k, with 550 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 366 $84,490,000 $230,847 $6,508 6.84%
    20-30% 342 $75,880,000 $221,871 $6,244 6.85%
    50-60% 253 $64,185,000 $253,696 $10,175 6.66%
    49% 123 $35,695,000 $290,203 $8,452 6.67%
    44% 121 $26,775,000 $221,281 $7,449 6.98%
    43% 120 $29,230,000 $243,583 $6,935 6.81%
    40% 112 $26,800,000 $239,286 $6,397 6.54%
    <20% 110 $25,180,000 $228,909 $5,806 6.99%
    41% 105 $23,265,000 $221,571 $6,460 6.70%
    42% 102 $22,060,000 $216,275 $6,547 6.64%
    39% 100 $21,450,000 $214,500 $6,680 6.78%
    45% 99 $28,455,000 $287,424 $7,512 6.64%
    36% 97 $21,515,000 $221,804 $6,755 6.89%
    37% 96 $24,620,000 $256,458 $6,632 6.83%
    48% 90 $23,180,000 $257,556 $7,244 6.82%
    38% 89 $24,015,000 $269,831 $7,365 6.74%
    47% 82 $22,230,000 $271,098 $7,496 6.65%
    46% 82 $20,650,000 $251,829 $7,328 6.67%
    >60% 10 $3,630,000 $363,000 $15,813 7.20%

    Assurance Financial Group lent most frequently to those with DTI ratios of 30-36%, with 366 originations. The next most common DTI ratio? 20-30%, with 342 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,941 $476,105,000 $245,289 $7,105 6.81%
    Black 277 $57,915,000 $209,079 $7,526 6.63%
    Not provided 211 $49,575,000 $234,953 $7,313 6.74%
    Asian 48 $14,740,000 $307,083 $7,821 6.84%
    American Indian 23 $4,845,000 $210,652 $7,182 6.73%
    Asian Indian 3 $1,495,000 $498,333 $14,207 6.66%
    Native Hawaiian or Islander 4 $950,000 $237,500 $8,821 7.09%
    Filipino 1 $195,000 $195,000 $0 7.50%

    Approval Rates

    Total approvals of all applications
    97.75%

    Assurance Financial Group 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
    61.16%

    Assurance Financial Group 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 2,508 $605,820,000 $241,555

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,508 $605,820,000 $241,555

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 72 $12,390,000 $172,083 $5,090 7.51%
    40-60% 155 $33,575,000 $216,613 $5,687 6.87%
    60-80% 523 $138,035,000 $263,929 $6,908 6.96%
    80-100% 1,606 $406,030,000 $252,821 $7,757 6.78%
    Over 100% 38 $12,680,000 $333,684 $13,885 6.55%
    Under 20% 114 $3,110,000 $27,281 $561 5.53%