Assurance Financial Group Mortgage Rates, Fees & Info

Baton Rouge, LA

LEI: 254900ZX1UPIG2E7TH11

Tax ID: 72-1505298

5 stars - out of 5 stars, based on 96 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Assurance Financial Group is a small mortgage company specializing in Refi and 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 include Baton Rouge, New Orleans, Atlanta, Lafayette, and Birmingham among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Assurance Financial Group is typically an average fee lendor.


Originations

9,241

Origination Dollar Volume (All Markets)

$2,240,395,000
Show all (13) awards

Relative Rate

Assurance Financial Group 's average 30 year fixed rate mortgage of loans were 3.19%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.17%.

Relative Fees

Assurance Financial Group 's average total fees for a 30 year fixed rate mortgage are $4,733.

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 $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
BATON ROUGE, LA (FHA|USDA|VA) 2,834 $699,450,000 $246,807 $4,548 3.09%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 748 $202,820,000 $271,150 $5,186 3.23%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 652 $193,190,000 $296,304 $3,669 3.13%
LAFAYETTE, LA (FHA|USDA|VA) 892 $180,790,000 $202,679 $4,446 3.13%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 476 $115,030,000 $241,660 $4,256 3.20%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 542 $113,400,000 $209,225 $4,578 3.13%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 259 $76,685,000 $296,081 $5,531 3.10%
Outside of Metro Areas 367 $75,545,000 $205,845 $4,840 3.16%
HUNTSVILLE, AL (FHA|USDA|VA) 275 $57,215,000 $208,055 $4,480 3.24%
COLUMBIA, SC (FHA|USDA|VA) 256 $52,460,000 $204,922 $3,523 3.12%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 144 $49,880,000 $346,389 $3,676 3.15%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 190 $49,430,000 $260,158 $4,329 2.92%
RICHMOND, VA (FHA|USDA|VA) 165 $43,295,000 $262,394 $3,680 3.17%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 240 $42,610,000 $177,542 $3,864 3.17%
MONROE, LA (FHA|USDA|VA) 147 $30,745,000 $209,150 $6,354 3.21%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 85 $29,105,000 $342,412 $5,996 3.12%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 88 $22,720,000 $258,182 $3,932 2.92%
LYNCHBURG, VA (FHA|USDA|VA) 95 $17,855,000 $187,947 $4,041 3.10%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 75 $17,065,000 $227,533 $4,304 2.92%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 68 $15,160,000 $222,941 $4,931 2.91%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 48 $10,770,000 $224,375 $4,687 3.04%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 39 $9,405,000 $241,154 $3,746 3.04%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 32 $8,930,000 $279,063 $4,050 3.16%
HAMMOND, LA (FHA|USDA|VA) 36 $7,890,000 $219,167 $5,417 3.18%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 25 $5,585,000 $223,400 $4,575 3.27%
JACKSON, MS (FHA|USDA|VA) 23 $5,365,000 $233,261 $4,018 3.29%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 17 $4,995,000 $293,824 $4,381 3.31%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 16 $4,560,000 $285,000 $4,903 3.22%
DECATUR, AL (FHA|USDA|VA) 25 $4,385,000 $175,400 $4,278 3.33%
TUSCALOOSA, AL (FHA|USDA|VA) 18 $3,760,000 $208,889 $5,255 3.18%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 15 $3,335,000 $222,333 $3,451 3.25%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 11 $2,775,000 $252,273 $3,674 3.20%
RALEIGH-CARY, NC (FHA|USDA|VA) 9 $2,685,000 $298,333 $3,538 2.79%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 6 $2,620,000 $436,667 $7,050 3.17%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 9 $2,395,000 $266,111 $4,302 3.17%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 10 $2,290,000 $229,000 $3,681 3.20%
WILMINGTON, NC (FHA|USDA|VA) 9 $2,255,000 $250,556 $3,759 3.17%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 11 $2,175,000 $197,727 $3,941 3.08%
ROANOKE, VA (FHA|USDA|VA) 7 $2,155,000 $307,857 $4,138 3.00%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $2,145,000 $306,429 $3,412 3.52%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 6 $2,140,000 $356,667 $5,601 3.17%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 9 $2,055,000 $228,333 $1,976 3.08%
GREELEY, CO (FHA|USDA|VA) 7 $1,995,000 $285,000 $5,169 3.15%
GAINESVILLE, GA (FHA|USDA|VA) 5 $1,965,000 $393,000 $3,900 3.38%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 7 $1,905,000 $272,143 $4,432 2.95%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 5 $1,815,000 $363,000 $5,349 3.32%
LAKE CHARLES, LA (FHA|USDA|VA) 9 $1,775,000 $197,222 $4,860 3.22%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 6 $1,750,000 $291,667 $4,195 3.33%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 6 $1,600,000 $266,667 $2,392 2.67%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 6 $1,580,000 $263,333 $5,444 3.60%
JACKSONVILLE, FL (FHA|USDA|VA) 8 $1,560,000 $195,000 $2,829 3.02%
FORT COLLINS, CO (FHA|USDA|VA) 7 $1,525,000 $217,857 $3,419 3.20%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $1,490,000 $372,500 $10,085 3.03%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 6 $1,460,000 $243,333 $3,610 2.75%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 4 $1,430,000 $357,500 $3,938 3.25%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 5 $1,385,000 $277,000 $3,664 2.98%
CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $1,305,000 $435,000 $5,944 2.96%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $1,290,000 $322,500 $3,233 3.25%
COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $1,190,000 $297,500 $4,359 2.88%
MOBILE, AL (FHA|USDA|VA) 5 $1,145,000 $229,000 $6,087 2.88%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 4 $1,100,000 $275,000 $5,802 2.84%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 4 $1,010,000 $252,500 $3,035 3.06%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 4 $960,000 $240,000 $4,075 3.06%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 2 $940,000 $470,000 $3,532 2.81%
MIDLAND, TX (FHA|USDA|VA) 3 $935,000 $311,667 $4,546 3.42%
WINCHESTER, VA-WV (FHA|USDA|VA) 4 $910,000 $227,500 $5,532 3.16%
COLUMBUS, GA-AL (FHA|USDA|VA) 4 $900,000 $225,000 $4,777 3.13%
MONTGOMERY, AL (FHA|USDA|VA) 3 $885,000 $295,000 $4,228 2.88%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 4 $830,000 $207,500 $1,949 2.69%
OKLAHOMA CITY, OK (FHA|USDA|VA) 4 $830,000 $207,500 $4,374 3.78%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 3 $825,000 $275,000 $3,855 3.04%
WACO, TX (FHA|USDA|VA) 5 $795,000 $159,000 $3,055 3.07%
TYLER, TX (FHA|USDA|VA) 4 $740,000 $185,000 $3,707 2.88%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $715,000 $238,333 $2,302 2.67%
SAVANNAH, GA (FHA|USDA|VA) 2 $680,000 $340,000 $2,881 2.75%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 3 $675,000 $225,000 $7,752 3.25%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $670,000 $167,500 $3,166 3.44%
ALEXANDRIA, LA (FHA|USDA|VA) 4 $650,000 $162,500 $4,016 3.00%
KNOXVILLE, TN (FHA|USDA|VA) 4 $620,000 $155,000 $5,170 3.03%
AMARILLO, TX (FHA|USDA|VA) 4 $610,000 $152,500 $3,541 2.91%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 2 $590,000 $295,000 $4,290 3.44%
EL PASO, TX (FHA|USDA|VA) 3 $555,000 $185,000 $2,505 2.83%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $505,000 $168,333 $3,409 3.00%
COLUMBUS, OH (FHA|USDA|VA) 3 $485,000 $161,667 $3,410 3.38%
WICHITA FALLS, TX (FHA|USDA|VA) 2 $470,000 $235,000 $2,552 2.88%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $465,000 $465,000 $2,555 2.63%
HATTIESBURG, MS (FHA|USDA|VA) 2 $460,000 $230,000 $4,988 3.50%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $460,000 $230,000 $2,485 3.00%
TALLAHASSEE, FL (FHA|USDA|VA) 1 $455,000 $455,000 $4,020 3.50%
ASHEVILLE, NC (FHA|USDA|VA) 2 $440,000 $220,000 $3,042 2.94%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $430,000 $215,000 $3,062 2.44%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $415,000 $415,000 $18,861 2.25%
SALINAS, CA (FHA|USDA|VA) 1 $405,000 $405,000 $4,023 3.25%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 1 $405,000 $405,000 $1,165 3.50%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $400,000 $200,000 $3,718 2.88%
DOTHAN, AL (FHA|USDA|VA) 1 $385,000 $385,000 $3,854 2.88%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $360,000 $180,000 $4,895 3.38%
LANCASTER, PA (FHA|USDA|VA) 2 $360,000 $180,000 $5,955 4.06%
ABILENE, TX (FHA|USDA|VA) 2 $360,000 $180,000 $3,398 2.63%
FAYETTEVILLE, NC (FHA|USDA|VA) 4 $340,000 $85,000 $4,421 4.50%
BOULDER, CO (FHA|USDA|VA) 1 $335,000 $335,000 $2,379 2.88%
FLINT, MI (FHA|USDA|VA) 1 $325,000 $325,000 $12,965 3.13%
ALBANY, GA (FHA|USDA|VA) 1 $325,000 $325,000 $12,756 2.25%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $305,000 $305,000 $3,212 3.38%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 1 $295,000 $295,000 $5,160 3.37%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 2 $290,000 $145,000 $2,379 3.00%
MERCED, CA (FHA|USDA|VA) 1 $275,000 $275,000 $5,057 3.38%
JONESBORO, AR (FHA|USDA|VA) 1 $265,000 $265,000 $2,761 2.50%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $265,000 $265,000 $4,087 3.50%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 2 $260,000 $130,000 $4,464 3.50%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $255,000 $255,000 $3,147 2.38%
ANN ARBOR, MI (FHA|USDA|VA) 1 $255,000 $255,000 $3,358 2.38%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $245,000 $245,000 $3,189 3.13%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $245,000 $245,000 $3,243 3.50%
ROME, GA (FHA|USDA|VA) 1 $245,000 $245,000 $3,117 2.63%
PITTSBURGH, PA (FHA|USDA|VA) 1 $245,000 $245,000 $4,132 3.00%
LUBBOCK, TX (FHA|USDA|VA) 2 $240,000 $120,000 $3,128 2.94%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $220,000 $110,000 $3,559 3.12%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $215,000 $215,000 $2,927 3.25%
SUMTER, SC (FHA|USDA|VA) 1 $215,000 $215,000 $3,665 3.00%
SPARTANBURG, SC (FHA|USDA|VA) 1 $205,000 $205,000 $2,735 3.38%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $185,000 $185,000 $4,946 3.50%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $185,000 $185,000 $5,246 3.00%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH (FHA|USDA|VA) 1 $185,000 $185,000 $1,685 2.63%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $185,000 $185,000 $1,774 2.75%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $185,000 $185,000 $2,745 2.75%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $175,000 $175,000 $2,595 3.13%
CHARLESTON, WV (FHA|USDA|VA) 1 $165,000 $165,000 $8,068 4.63%
LONGVIEW, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,750 2.88%
NEW BERN, NC (FHA|USDA|VA) 1 $155,000 $155,000 $4,310 3.63%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $145,000 $145,000 $3,942 2.88%
SAN ANGELO, TX (FHA|USDA|VA) 1 $135,000 $135,000 $2,650 2.88%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $125,000 $125,000 $5,114 4.00%
PEORIA, IL (FHA|USDA|VA) 1 $125,000 $125,000 $2,235 3.25%
TULSA, OK (FHA|USDA|VA) 1 $115,000 $115,000 $7,260 3.38%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,445 4.25%
ELGIN, IL (FHA|USDA|VA) 1 $95,000 $95,000 $2,921 3.50%
YORK-HANOVER, PA (FHA|USDA|VA) 1 $75,000 $75,000 $2,918 3.25%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $65,000 $65,000 $3,724 4.88%

Assurance Financial Group 's top markets include Baton Rouge, New Orleans, Atlanta, Lafayette, and Birmingham among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 7,508 $1,862,230,000 $248,033 $4,038 3.14%
FHA 706 $144,860,000 $205,184 $7,520 3.24%
USDA 568 $98,860,000 $174,049 $5,480 3.08%
VA 459 $134,445,000 $292,908 $5,911 2.81%

For the 2020 period, Assurance Financial Group 's most frequently originated loan type of loans were Conventional, with 7,508 originations. Their 2nd most popular type is FHA, with 706 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 4,870 $1,198,360,000 $246,070 $3,962 3.05%
Home Purchase 3,890 $924,400,000 $237,635 $5,152 3.21%
Cash Out Refi 448 $109,300,000 $243,973 $4,398 3.23%
Home Improvement 30 $7,670,000 $255,667 $4,366 2.97%
Other 3 $665,000 $221,667 $3,782 3.21%

For the 2020, Assurance Financial Group 's most frequently cited loan purpose of loans were Refi, with 4,870 originations. The 2nd most popular reason of loans were Home Purchase, with 3,890 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 7,224 $1,784,420,000 $247,013 $4,733 3.19%
15 Year 1,190 $253,120,000 $212,706 $3,592 2.77%
20 Year 496 $125,100,000 $252,218 $3,667 3.11%
Other 267 $67,345,000 $252,228 $3,692 3.10%
10 Year 62 $9,690,000 $156,290 $2,765 2.68%
3 Year 2 $720,000 $360,000 $3,622 3.06%

For the 2020, Assurance Financial Group 's most frequently cited loan length of loans were 30 Year, with 7,224 originations. The 2nd most popular length of loans were 15 Year, with 1,190 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 6,009 $1,381,205,000 $229,856
$<1k 1,544 $386,180,000 $250,117
$2k-3k 1,003 $258,495,000 $257,722
$3k-4k 513 $148,865,000 $290,185
$5k+ 171 $65,585,000 $383,538

$4,733 of loans were Assurance Financial Group 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 6,009 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 4,183 $999,455,000 $238,933
2.5-3% 3,976 $990,810,000 $249,198
<2.5% 745 $185,695,000 $249,255
4-5% 316 $61,050,000 $193,196
5-6% 12 $2,460,000 $205,000
7-8% 1 $305,000 $305,000
Over 8% 1 $455,000 $455,000

During 2020, Assurance Financial Group 's average interest rate of loans were 3.19%, while their most frequently originated rate bucket of loans were 3-4%, with 4,183 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 4,491 $1,243,675,000 $276,926 $4,749 3.09%
$100k-200k 3,323 $518,615,000 $156,068 $3,971 3.16%
$400k-600k 887 $410,615,000 $462,926 $5,450 3.09%
$100,000 or less 501 $38,205,000 $76,257 $3,430 3.30%
$600k-1MM 36 $26,170,000 $726,944 $9,777 3.45%
$1MM+ 3 $3,115,000 $1,038,333 $6,661 3.29%

2020 saw Assurance Financial Group place emphasis on $200k-400k loans with 4,491 originations, totaling $1,243,675,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 2,295 $611,945,000 $266,643 $4,400 3.14%
$50k-75k 2,040 $396,990,000 $194,603 $4,549 3.15%
$75k-100k 1,636 $381,530,000 $233,209 $4,574 3.14%
$150k-250k 1,425 $450,005,000 $315,793 $4,556 3.10%
$50k or less 1,372 $230,890,000 $168,287 $4,276 3.09%
$250k+ 449 $162,335,000 $361,548 $4,646 3.11%

Assurance Financial Group lent most frequently to those with incomes in the $100k-150k range, with 2,295 originations. The second most popular income band? $50k-75k, with 2,040 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 2,433 $591,825,000 $243,249 $4,148 3.09%
30-36% 1,765 $428,405,000 $242,722 $4,483 3.15%
<20% 1,136 $280,670,000 $247,069 $3,776 2.95%
41% 330 $77,800,000 $235,758 $5,322 3.18%
42% 316 $71,870,000 $227,437 $4,646 3.24%
44% 312 $74,130,000 $237,596 $5,024 3.25%
40% 306 $71,640,000 $234,118 $4,767 3.19%
37% 305 $73,635,000 $241,426 $4,385 3.20%
36% 302 $71,830,000 $237,848 $4,728 3.25%
38% 293 $70,345,000 $240,085 $4,381 3.18%
43% 293 $68,825,000 $234,898 $4,825 3.23%
39% 278 $66,660,000 $239,784 $4,403 3.21%
45% 216 $49,680,000 $230,000 $5,070 3.22%
49% 202 $50,780,000 $251,386 $5,279 3.09%
46% 182 $44,730,000 $245,769 $4,838 3.13%
48% 169 $44,475,000 $263,166 $5,253 3.06%
47% 149 $36,425,000 $244,463 $4,542 3.17%
50-60% 144 $33,700,000 $234,028 $7,256 3.37%
>60% 9 $2,195,000 $243,889 $6,675 2.97%

Assurance Financial Group lent most frequently to those with DTI ratios of 20-30%, with 2,433 originations. The next most common DTI ratio? 30-36%, with 1,765 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 7,767 $1,894,525,000 $243,920 $4,445 3.12%
Not provided 601 $151,365,000 $251,855 $4,517 3.12%
Black 536 $110,190,000 $205,578 $5,027 3.24%
Asian 234 $62,050,000 $265,171 $4,504 3.10%
American Indian 60 $12,180,000 $203,000 $4,406 3.07%
Asian Indian 15 $3,595,000 $239,667 $3,782 2.87%
Other Asian 8 $2,340,000 $292,500 $6,774 2.97%
Native Hawaiian 4 $1,030,000 $257,500 $6,197 3.12%
Chinese 4 $850,000 $212,500 $3,353 2.84%
Korean 4 $800,000 $200,000 $3,649 2.94%
Filipino 4 $760,000 $190,000 $3,429 2.88%
Vietnamese 4 $710,000 $177,500 $4,219 2.84%

Approval Rates

Total approvals of all applications
94.04%

Assurance Financial Group has an average approval rate.

Pick Rate

Approvals leading to origination
71.35%

Assurance Financial Group has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 9,241 $2,240,395,000 $242,441

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 2 $120,000 $60,000
Single Family (1-4 Units):Site-Built 9,239 $2,240,275,000 $242,480

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 201 $35,295,000 $175,597 $3,353 2.91%
40-60% 928 $221,040,000 $238,190 $3,577 2.92%
60-80% 3,466 $856,880,000 $247,224 $3,902 3.14%
80-100% 4,520 $1,099,040,000 $243,150 $5,076 3.17%
Over 100% 85 $22,615,000 $266,059 $10,169 3.08%
Under 20% 28 $1,720,000 $61,429 $1,116 3.12%