Assurance Financial Group Mortgage Rates, Fees & Info
Baton Rouge, LALEI: 254900ZX1UPIG2E7TH11
Tax ID: 72-1505298
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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. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: Baton Rouge, Atlanta, Birmingham, Florence, and Lafayette among others. We have data for 127 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 a low 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.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
---|---|---|
Home Equity Line of Credit (HELOC) | 6.72% | 4/5/25 |
30 Year Conventional Purchase | 7.03% | 4/5/25 |
30 Year Conventional Refi | 7.09% | 4/5/25 |
30 Year Cash-out Refi | 7.25% | 4/5/25 |
30 Year FHA Purchase | 7.57% | 4/5/25 |
30 Year FHA Refi | 7.49% | 4/5/25 |
30 Year VA Purchase | 6.76% | 4/5/25 |
30 Year VA Refi | 6.49% | 4/5/25 |
30 Year USDA Purchase | 7.24% | 4/5/25 |
30 Year USDA Refi | 6.78% | 4/5/25 |
15 Year Conventional Purchase | 1.70% | 4/5/25 |
15 Year Conventional Refi | 5.94% | 4/5/25 |
15 Year Cash-out Refi | 5.94% | 4/5/25 |
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
2,286Origination Dollar Volume (All Markets)
$581,920,000Assurance Financial Group - 2024
Assurance Financial Group is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
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Relative Rate
Assurance Financial Group's average 30 year fixed mortgage rate was
6.77%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 0.22%.
Relative Fees (Closing Costs)
Assurance Financial Group's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,214.
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 $8,356.
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) | 393 | $106,755,000 | $271,641 | $6,858 | 6.82% |
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 118 | $50,160,000 | $425,085 | $8,367 | 6.93% |
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 210 | $47,760,000 | $227,429 | $5,973 | 6.95% |
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) | 192 | $34,860,000 | $181,563 | $4,952 | 6.74% |
LAFAYETTE, LA (FHA|USDA|VA) | 148 | $31,500,000 | $212,838 | $6,392 | 6.92% |
COLUMBIA, SC (FHA|USDA|VA) | 122 | $29,940,000 | $245,410 | $6,387 | 6.51% |
HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 126 | $28,130,000 | $223,254 | $7,347 | 6.61% |
MONROE, LA (FHA|USDA|VA) | 127 | $27,685,000 | $217,992 | $9,046 | 6.52% |
HUNTSVILLE, AL (FHA|USDA|VA) | 79 | $24,065,000 | $304,620 | $7,457 | 6.70% |
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 53 | $23,055,000 | $435,000 | $13,522 | 6.58% |
Outside of Metro Areas | 101 | $19,995,000 | $197,970 | $7,399 | 6.74% |
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 80 | $19,740,000 | $246,750 | $5,356 | 6.84% |
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 91 | $19,695,000 | $216,429 | $5,630 | 6.77% |
Troy, AL (FHA|USDA|VA) | 48 | $9,370,000 | $195,208 | $5,912 | 6.57% |
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 29 | $8,125,000 | $280,172 | $8,357 | 6.90% |
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 14 | $5,100,000 | $364,286 | $6,958 | 6.52% |
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 14 | $4,970,000 | $355,000 | $9,128 | 6.48% |
DECATUR, AL (FHA|USDA|VA) | 22 | $4,210,000 | $191,364 | $5,913 | 7.02% |
SUMTER, SC (FHA|USDA|VA) | 21 | $4,055,000 | $193,095 | $6,929 | 5.77% |
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 7 | $2,795,000 | $399,286 | $11,553 | 6.93% |
TUSCALOOSA, AL (FHA|USDA|VA) | 12 | $2,690,000 | $224,167 | $6,242 | 7.22% |
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 8 | $2,560,000 | $320,000 | $7,522 | 6.89% |
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 10 | $2,530,000 | $253,000 | $7,323 | 6.87% |
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 7 | $2,445,000 | $349,286 | $9,151 | 6.61% |
Opelousas, LA (FHA|USDA|VA) | 14 | $2,340,000 | $167,143 | $4,838 | 6.80% |
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 3 | $2,275,000 | $758,333 | $15,869 | 7.29% |
MONTGOMERY, AL (FHA|USDA|VA) | 14 | $2,160,000 | $154,286 | $4,935 | 6.90% |
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $2,000,000 | $1,000,000 | $23,380 | 6.87% |
Ruston, LA (FHA|USDA|VA) | 7 | $1,815,000 | $259,286 | $8,768 | 6.98% |
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $1,750,000 | $875,000 | $23,783 | 8.68% |
AUBURN-OPELIKA, AL (FHA|USDA|VA) | 5 | $1,735,000 | $347,000 | $8,237 | 6.74% |
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4 | $1,730,000 | $432,500 | $6,876 | 6.65% |
DOTHAN, AL (FHA|USDA|VA) | 7 | $1,705,000 | $243,571 | $6,129 | 6.50% |
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 7 | $1,665,000 | $237,857 | $6,633 | 6.62% |
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 5 | $1,525,000 | $305,000 | $5,672 | 7.57% |
COLUMBUS, GA-AL (FHA|USDA|VA) | 5 | $1,495,000 | $299,000 | $6,030 | 7.05% |
GAINESVILLE, GA (FHA|USDA|VA) | 3 | $1,485,000 | $495,000 | $8,905 | 6.91% |
Alexander City, AL (FHA|USDA|VA) | 3 | $1,425,000 | $475,000 | $9,074 | 6.79% |
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $1,420,000 | $710,000 | $12,555 | 7.25% |
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 3 | $1,375,000 | $458,333 | $5,713 | 6.87% |
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $1,365,000 | $455,000 | $12,923 | 7.58% |
SAVANNAH, GA (FHA|USDA|VA) | 5 | $1,305,000 | $261,000 | $8,362 | 7.17% |
Enterprise, AL (FHA|USDA|VA) | 5 | $1,235,000 | $247,000 | $7,936 | 6.65% |
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 3 | $1,215,000 | $405,000 | $6,183 | 7.17% |
Newberry, SC (FHA|USDA|VA) | 4 | $1,160,000 | $290,000 | $6,973 | 6.84% |
JACKSON, MS (FHA|USDA|VA) | 3 | $1,155,000 | $385,000 | $4,358 | 6.63% |
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $1,125,000 | $1,125,000 | $5,573 | 7.50% |
Ozark, AL (FHA|USDA|VA) | 7 | $1,085,000 | $155,000 | $4,969 | 6.71% |
RICHMOND, VA (FHA|USDA|VA) | 3 | $1,065,000 | $355,000 | $4,320 | 6.79% |
Americus, GA (FHA|USDA|VA) | 2 | $1,030,000 | $515,000 | $8,161 | 7.19% |
GULFPORT-BILOXI, MS (FHA|USDA|VA) | 5 | $1,025,000 | $205,000 | $6,062 | 7.37% |
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $1,020,000 | $510,000 | $5,797 | 9.13% |
MOBILE, AL (FHA|USDA|VA) | 6 | $1,000,000 | $166,667 | $4,560 | 7.04% |
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $15,660 | 5.96% |
MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 4 | $930,000 | $232,500 | $9,669 | 5.31% |
Natchez, MS-LA (FHA|USDA|VA) | 3 | $875,000 | $291,667 | $3,053 | 6.63% |
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $855,000 | $855,000 | $21,515 | 6.88% |
Cullman, AL (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $4,999 | 6.92% |
HAMMOND, LA (FHA|USDA|VA) | 4 | $780,000 | $195,000 | $7,215 | 6.62% |
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $745,000 | $745,000 | $6,315 | 7.63% |
Jefferson, GA (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $6,995 | 6.87% |
LYNCHBURG, VA (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $5,884 | 7.13% |
ALEXANDRIA, LA (FHA|USDA|VA) | 4 | $670,000 | $167,500 | $6,510 | 5.37% |
Orangeburg, SC (FHA|USDA|VA) | 5 | $645,000 | $129,000 | $6,490 | 5.25% |
LaGrange, GA-AL (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $7,167 | 6.81% |
Morgan City, LA (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $5,764 | 7.06% |
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $7,125 | 7.63% |
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $6,667 | 6.92% |
HATTIESBURG, MS (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $8,292 | 6.37% |
Albertville, AL (FHA|USDA|VA) | 3 | $515,000 | $171,667 | $5,276 | 6.88% |
CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $4,811 | 6.62% |
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $18,683 | 7.13% |
LONGVIEW, TX (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $3,910 | 6.12% |
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $6,803 | 5.99% |
CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $3,061 | 7.38% |
Scottsboro, AL (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $7,270 | 6.88% |
PANAMA CITY, FL (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $16,290 | 7.99% |
BOWLING GREEN, KY (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $17,411 | 6.13% |
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $8,718 | 7.13% |
Minden, LA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $7,260 | 7.38% |
TULSA, OK (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $13,347 | 6.75% |
Jasper, AL (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $4,971 | 6.58% |
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $7,907 | 6.56% |
ALBANY, GA (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $6,618 | 7.25% |
Lawrenceburg, TN (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $7,733 | 7.13% |
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,779 | 6.99% |
Cornelia, GA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,002 | 7.13% |
WARNER ROBINS, GA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $4,105 | 7.38% |
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,809 | 6.99% |
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,754 | 6.12% |
LAKE CHARLES, LA (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $6,726 | 6.81% |
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,944 | 5.63% |
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $12,680 | 6.75% |
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,372 | 6.99% |
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $8,985 | 6.50% |
SPARTANBURG, SC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,262 | 7.13% |
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,912 | 7.13% |
Talladega-Sylacauga, AL (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $3,424 | 6.16% |
Granbury, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,797 | 6.13% |
LOUISVILLE, KY (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,054 | 6.63% |
Brevard, NC (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $7,854 | 7.19% |
ASHEVILLE, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,355 | 7.13% |
Tupelo, MS (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,648 | 7.00% |
FLORENCE, SC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $9,145 | 6.50% |
ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $9,409 | 5.50% |
EL PASO, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,793 | 6.88% |
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,905 | 7.63% |
CHARLESTON, WV (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,292 | 6.75% |
JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,150 | 6.88% |
Warsaw, IN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,646 | 6.87% |
WILMINGTON, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,691 | 6.99% |
OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,705 | 7.38% |
COLUMBUS, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,267 | 7.25% |
LANSING-EAST LANSING, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,289 | 7.00% |
Danville, VA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,448 | 6.49% |
Jacksonville, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,075 | 7.38% |
ROANOKE, VA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $3,511 | 7.00% |
WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $6,552 | 7.13% |
Eufaula, AL-GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,110 | 6.88% |
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,551 | 6.38% |
Albemarle, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,711 | 7.25% |
DAYTON-KETTERING, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,468 | 7.63% |
Indianola, MS (FHA|USDA|VA) | 2 | $100,000 | $50,000 | $4,117 | 3.88% |
Bogalusa, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,665 | 6.75% |
MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $5,614 | 7.63% |
Fort Polk South, LA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $6,461 | 6.75% |
KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,614 | 6.63% |
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Product Mix
For 2024, Assurance Financial Group's most frequently originated type of loan was Conventional, with 1,456 originations. Their 2nd most popular type was FHA, with 535 originations.
Loan Reason
For 2024, Assurance Financial Group's most frequently cited loan purpose was Home Purchase, with 1,966 originations. The 2nd most popular reason was Refi, with 209 originations.
Loan Duration/Length
For 2024, Assurance Financial Group's most frequently cited loan duration was 30 Year, with 2,119 originations. The 2nd most popular length was 10 Year, with 84 originations.
Origination Fees/Closing Costs
Assurance Financial Group's average total fees were $7,214, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 677 originations.
Interest Rates
During 2024, Assurance Financial Group's average interest rate for loans was 6.77%, while their most frequently originated rate bucket for loans was 6-7%, with 1,353 originations.
Loan Sizing
2024 saw Assurance Financial Group place emphasis on $200k-400k loans with 977 originations, totaling $272,905,000 in origination value.
Applicant Income
Assurance Financial Group lent most frequently to those with incomes in the $100k-150k range, with 526 originations. The second most popular income band? $50k-75k, with 495 originations.
Applicant Debt to Income Ratio
Assurance Financial Group lent most frequently to those with DTI ratios of 30-36%, with 409 originations. The next most common DTI ratio? 20-30%, with 323 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.80%
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 origination78.78%
Assurance Financial Group has a below average pick rate.
Points and Fees
Points | Originations | Total Value | Average Loan |
---|---|---|---|
NA | 2,286 | $581,920,000 | $254,558 |