Assurance Financial Group Mortgage Rates, Fees & Info

Baton Rouge, LA

LEI: 254900ZX1UPIG2E7TH11

Tax ID: 72-1505298

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Assurance Financial Group is a small mortgage company specializing in Home Purchase and Refi loans. Assurance Financial Group has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Baton Rouge, New Orleans, Lafayette, Atlanta, and Houma among others. We have data for 125 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 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.

    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% 12/17/24
    30 Year Conventional Purchase 6.84% 12/17/24
    30 Year Conventional Refi 6.77% 12/17/24
    30 Year Cash-out Refi 6.98% 12/17/24
    30 Year FHA Purchase 7.57% 12/17/24
    30 Year FHA Refi 7.05% 12/17/24
    30 Year VA Purchase 6.58% 12/17/24
    30 Year VA Refi 6.50% 12/17/24
    30 Year USDA Purchase 6.93% 12/17/24
    30 Year USDA Refi 6.76% 12/17/24
    15 Year Conventional Purchase 6.36% 12/17/24
    15 Year Conventional Refi 6.49% 12/17/24
    15 Year Cash-out Refi 6.49% 12/17/24
    15 Year VA Refi 7.15% 12/17/24
    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

    4,555

    Origination Dollar Volume (All Markets)

    $1,061,785,000

    Awards

    Assurance Financial Group VA Loans gold
    Show all (1) 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
    BATON ROUGE, LA (FHA|USDA|VA) 1,347 $326,315,000 $242,253 $5,123 4.16%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 398 $110,970,000 $278,819 $5,340 4.37%
    LAFAYETTE, LA (FHA|USDA|VA) 508 $101,400,000 $199,606 $4,899 4.24%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 223 $65,135,000 $292,085 $4,363 4.19%
    HOUMA-THIBODAUX, LA (FHA|USDA|VA) 319 $62,215,000 $195,031 $5,298 4.19%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 266 $60,610,000 $227,857 $4,728 4.32%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 121 $35,515,000 $293,512 $6,922 4.17%
    RICHMOND, VA (FHA|USDA|VA) 126 $31,300,000 $248,413 $4,365 4.22%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 85 $27,605,000 $324,765 $4,633 4.04%
    HUNTSVILLE, AL (FHA|USDA|VA) 121 $24,545,000 $202,851 $4,967 4.24%
    COLUMBIA, SC (FHA|USDA|VA) 127 $24,485,000 $192,795 $4,630 4.00%
    Outside of Metro Areas 105 $19,415,000 $184,905 $5,117 4.36%
    MONROE, LA (FHA|USDA|VA) 112 $19,050,000 $170,089 $6,340 4.55%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 114 $17,090,000 $149,912 $4,602 4.26%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 61 $16,415,000 $269,098 $5,907 4.05%
    LYNCHBURG, VA (FHA|USDA|VA) 85 $16,295,000 $191,706 $4,487 4.24%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 39 $13,805,000 $353,974 $7,894 3.92%
    LAKE CHARLES, LA (FHA|USDA|VA) 44 $8,310,000 $188,864 $5,247 4.58%
    Opelousas, LA (FHA|USDA|VA) 32 $5,730,000 $179,063 $4,737 4.46%
    JACKSON, MS (FHA|USDA|VA) 21 $5,135,000 $244,524 $3,826 4.39%
    HAMMOND, LA (FHA|USDA|VA) 21 $4,765,000 $226,905 $5,094 4.23%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 20 $4,460,000 $223,000 $5,144 4.12%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 15 $4,425,000 $295,000 $5,778 4.21%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 13 $3,615,000 $278,077 $5,462 4.11%
    TUSCALOOSA, AL (FHA|USDA|VA) 12 $2,780,000 $231,667 $6,190 4.43%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 8 $2,700,000 $337,500 $3,923 3.95%
    ROANOKE, VA (FHA|USDA|VA) 6 $1,880,000 $313,333 $6,681 4.38%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 7 $1,635,000 $233,571 $4,216 4.30%
    ALEXANDRIA, LA (FHA|USDA|VA) 9 $1,595,000 $177,222 $4,636 4.03%
    Ruston, LA (FHA|USDA|VA) 8 $1,440,000 $180,000 $6,732 4.14%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $1,375,000 $275,000 $3,816 4.03%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 4 $1,340,000 $335,000 $9,710 4.09%
    DECATUR, AL (FHA|USDA|VA) 10 $1,240,000 $124,000 $5,550 4.41%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 8 $1,240,000 $155,000 $4,014 4.22%
    Jennings, LA (FHA|USDA|VA) 5 $1,215,000 $243,000 $5,863 4.83%
    FORT COLLINS, CO (FHA|USDA|VA) 4 $1,160,000 $290,000 $2,997 3.78%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $1,145,000 $381,667 $8,066 4.29%
    MOBILE, AL (FHA|USDA|VA) 4 $1,110,000 $277,500 $3,424 4.59%
    GREELEY, CO (FHA|USDA|VA) 4 $880,000 $220,000 $7,027 3.59%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $870,000 $435,000 $8,863 4.06%
    BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 3 $855,000 $285,000 $6,926 3.83%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $835,000 $278,333 $2,957 4.33%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 4 $790,000 $197,500 $5,021 4.09%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $780,000 $390,000 $5,513 5.00%
    TALLAHASSEE, FL (FHA|USDA|VA) 2 $740,000 $370,000 $5,898 4.31%
    Bogalusa, LA (FHA|USDA|VA) 3 $735,000 $245,000 $7,963 4.29%
    Morgan City, LA (FHA|USDA|VA) 4 $730,000 $182,500 $3,784 4.06%
    GAINESVILLE, GA (FHA|USDA|VA) 2 $720,000 $360,000 $3,782 5.38%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 2 $660,000 $330,000 $5,311 4.81%
    WILMINGTON, NC (FHA|USDA|VA) 2 $650,000 $325,000 $3,832 4.31%
    Cullman, AL (FHA|USDA|VA) 4 $650,000 $162,500 $5,301 4.74%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $615,000 $205,000 $7,204 4.04%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $605,000 $201,667 $4,423 3.88%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $595,000 $198,333 $2,698 4.54%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 2 $590,000 $295,000 $5,288 4.38%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $520,000 $260,000 $3,984 4.13%
    Cullowhee, NC (FHA|USDA|VA) 1 $505,000 $505,000 $6,038 4.00%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 2 $500,000 $250,000 $5,318 3.75%
    JACKSONVILLE, FL (FHA|USDA|VA) 2 $500,000 $250,000 $4,489 3.69%
    Martinsville, VA (FHA|USDA|VA) 1 $485,000 $485,000 $6,200 4.88%
    SPARTANBURG, SC (FHA|USDA|VA) 3 $485,000 $161,667 $4,480 4.58%
    Seneca, SC (FHA|USDA|VA) 1 $485,000 $485,000 $3,109 3.88%
    WINCHESTER, VA-WV (FHA|USDA|VA) 3 $475,000 $158,333 $6,993 4.13%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 2 $460,000 $230,000 $10,836 4.19%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $450,000 $225,000 $4,172 3.88%
    Georgetown, SC (FHA|USDA|VA) 1 $445,000 $445,000 $3,101 4.00%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $445,000 $445,000 $2,293 3.63%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 2 $430,000 $215,000 $6,271 4.25%
    SUMTER, SC (FHA|USDA|VA) 2 $410,000 $205,000 $9,574 3.69%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $395,000 $395,000 $2,639 4.25%
    Fort Payne, AL (FHA|USDA|VA) 2 $370,000 $185,000 $3,581 6.34%
    Newberry, SC (FHA|USDA|VA) 2 $370,000 $185,000 $5,673 4.06%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $370,000 $185,000 $3,818 4.44%
    Orangeburg, SC (FHA|USDA|VA) 3 $365,000 $121,667 $6,002 3.00%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 2 $360,000 $180,000 $3,158 4.38%
    Breckenridge, CO (FHA|USDA|VA) 1 $345,000 $345,000 $5,308 4.13%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $345,000 $345,000 $2,357 4.13%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 3 $335,000 $111,667 $4,822 4.88%
    BOULDER, CO (FHA|USDA|VA) 1 $335,000 $335,000 $1,878 3.88%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $325,000 $325,000 $3,688 5.88%
    ODESSA, TX (FHA|USDA|VA) 1 $315,000 $315,000 $4,151 4.50%
    MIDLAND, TX (FHA|USDA|VA) 1 $285,000 $285,000 $7,920 4.00%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $275,000 $275,000 $10,854 3.50%
    Oxford, MS (FHA|USDA|VA) 1 $275,000 $275,000 $7,042 4.50%
    Jefferson, GA (FHA|USDA|VA) 1 $275,000 $275,000 $7,970 4.50%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 1 $265,000 $265,000 $2,046 3.13%
    SAVANNAH, GA (FHA|USDA|VA) 1 $265,000 $265,000 $4,306 3.88%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $265,000 $265,000 $5,653 3.88%
    Washington Court House, OH (FHA|USDA|VA) 1 $265,000 $265,000 $5,888 4.50%
    Kill Devil Hills, NC (FHA|USDA|VA) 1 $255,000 $255,000 $2,991 4.00%
    Scottsboro, AL (FHA|USDA|VA) 2 $250,000 $125,000 $2,966 4.00%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $245,000 $245,000 $2,986 4.38%
    TEXARKANA, TX-AR (FHA|USDA|VA) 1 $245,000 $245,000 $3,189 3.63%
    JACKSON, TN (FHA|USDA|VA) 1 $235,000 $235,000 $7,557 4.13%
    Brookhaven, MS (FHA|USDA|VA) 1 $235,000 $235,000 $3,333 5.25%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $225,000 $225,000 $7,337 4.75%
    GAINESVILLE, FL (FHA|USDA|VA) 1 $225,000 $225,000 $5,516 4.00%
    Starkville, MS (FHA|USDA|VA) 1 $215,000 $215,000 $3,782 3.75%
    HATTIESBURG, MS (FHA|USDA|VA) 1 $215,000 $215,000 $11,339 4.25%
    Albertville, AL (FHA|USDA|VA) 1 $215,000 $215,000 $5,223 4.00%
    YORK-HANOVER, PA (FHA|USDA|VA) 2 $200,000 $100,000 $4,813 4.69%
    Natchitoches, LA (FHA|USDA|VA) 1 $195,000 $195,000 $3,520 4.25%
    Morehead City, NC (FHA|USDA|VA) 1 $195,000 $195,000 $568 3.75%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $195,000 $195,000 $6,754 4.38%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $195,000 $195,000 $6,641 5.13%
    DeRidder, LA (FHA|USDA|VA) 1 $195,000 $195,000 $7,794 4.00%
    Milledgeville, GA (FHA|USDA|VA) 1 $185,000 $185,000 $2,752 3.63%
    Ponca City, OK (FHA|USDA|VA) 1 $175,000 $175,000 $7,091 4.50%
    Pampa, TX (FHA|USDA|VA) 1 $165,000 $165,000 $0 4.50%
    PUEBLO, CO (FHA|USDA|VA) 1 $155,000 $155,000 $2,337 4.13%
    Minden, LA (FHA|USDA|VA) 1 $145,000 $145,000 $3,926 3.38%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $145,000 $145,000 $3,974 4.38%
    Vicksburg, MS (FHA|USDA|VA) 1 $135,000 $135,000 $4,974 3.75%
    HINESVILLE, GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,033 3.88%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 1 $135,000 $135,000 $2,976 4.13%
    COLUMBUS, OH (FHA|USDA|VA) 1 $125,000 $125,000 $3,204 4.25%
    PEORIA, IL (FHA|USDA|VA) 1 $125,000 $125,000 $2,748 5.00%
    DALTON, GA (FHA|USDA|VA) 1 $115,000 $115,000 $4,234 4.88%
    Bluefield, WV-VA (FHA|USDA|VA) 1 $95,000 $95,000 $3,907 4.00%
    COLUMBUS, GA-AL (FHA|USDA|VA) 1 $95,000 $95,000 $3,434 4.88%
    HARRISONBURG, VA (FHA|USDA|VA) 1 $95,000 $95,000 $3,492 4.25%
    Fort Polk South, LA (FHA|USDA|VA) 1 $85,000 $85,000 $2,404 4.38%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $85,000 $85,000 $3,865 4.50%
    Greenwood, SC (FHA|USDA|VA) 1 $65,000 $65,000 $2,437 4.25%
    LUBBOCK, TX (FHA|USDA|VA) 1 $35,000 $35,000 $3,260 4.38%
    Assurance Financial Group's top markets include Baton Rouge, New Orleans, Lafayette, Atlanta, and Houma among others.

    Their top states include:
  • Louisiana (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Virginia (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)

    • Similar Lenders

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

    Eglin Federal Credit Union
    Similarity Rank: 9
    PIERREMONT MORTGAGE, INC.
    Similarity Rank: 33
    Bossier Federal Credit Union
    Similarity Rank: 42
    US COMMUNITY
    Similarity Rank: 64
    MERITUS Federal Credit Union
    Similarity Rank: 80
    DOMINION ENERGY CREDIT UNION
    Similarity Rank: 165
    Century Next Bank
    Similarity Rank: 176
    First Castle Federal Credit Union
    Similarity Rank: 180
    AAXY L.L.C.
    Similarity Rank: 192
    Eureka Homestead
    Similarity Rank: 201

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,164 $787,190,000 $248,796 $4,492 4.22%
    FHA 749 $138,645,000 $185,107 $7,127 4.33%
    USDA 331 $54,305,000 $164,063 $5,373 4.13%
    VA 311 $81,645,000 $262,524 $6,224 4.07%

    For 2019, Assurance Financial Group's most frequently originated type of loan was Conventional, with 3,164 originations. Their 2nd most popular type was FHA, with 749 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,299 $727,975,000 $220,665 $5,213 4.29%
    Refi 1,029 $283,135,000 $275,155 $4,832 4.00%
    Cash Out Refi 204 $45,090,000 $221,029 $4,815 4.27%
    Home Improvement 21 $5,215,000 $248,333 $5,332 4.60%
    Other 1 $315,000 $315,000 $5,330 3.25%
    NA 1 $55,000 $55,000 $3,890 5.00%

    For 2019, Assurance Financial Group's most frequently cited loan purpose was Home Purchase, with 3,299 originations. The 2nd most popular reason was Refi, with 1,029 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,074 $958,290,000 $235,221 $5,207 4.28%
    15 Year 276 $57,590,000 $208,659 $4,229 3.69%
    20 Year 134 $30,510,000 $227,687 $4,098 3.98%
    Other 44 $11,400,000 $259,091 $5,136 4.26%
    10 Year 24 $2,930,000 $122,083 $3,822 3.05%
    1 Year 2 $1,050,000 $525,000 $0 6.75%
    5 Year 1 $15,000 $15,000 $150 0.00%

    For 2019, Assurance Financial Group's most frequently cited loan duration was 30 Year, with 4,074 originations. The 2nd most popular length was 15 Year, with 276 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 2,859 $627,225,000 $219,386
    $<1k 651 $153,945,000 $236,475
    $2k-3k 597 $141,955,000 $237,781
    $3k-4k 220 $57,130,000 $259,682
    $5k+ 123 $51,805,000 $421,179
    $4k-5k 90 $27,020,000 $300,222

    Assurance Financial Group's average total fees were $5,207, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 2,859 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 2,155 $474,755,000 $220,304
    3-4% 2,029 $517,975,000 $255,286
    5-6% 306 $54,290,000 $177,418
    6-7% 22 $4,980,000 $226,364
    2.5-3% 21 $4,945,000 $235,476
    <2.5% 10 $250,000 $25,000
    Over 8% 6 $2,870,000 $478,333
    7-8% 3 $1,005,000 $335,000

    During 2019, Assurance Financial Group's average interest rate for loans was 4.28%, while their most frequently originated rate bucket for loans was 4-5%, with 2,155 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,017 $555,595,000 $275,456 $5,436 4.12%
    $100k-200k 1,777 $275,495,000 $155,034 $4,670 4.32%
    $400k-600k 384 $176,140,000 $458,698 $6,138 4.10%
    $100,000 or less 338 $24,730,000 $73,166 $3,807 4.48%
    $600k-1MM 35 $25,255,000 $721,571 $8,936 4.48%
    $1MM+ 4 $4,570,000 $1,142,500 $11,579 5.26%

    2019 saw Assurance Financial Group place emphasis on $200k-400k loans with 2,017 originations, totaling $555,595,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,185 $226,585,000 $191,211 $5,043 4.25%
    $100k-150k 930 $252,840,000 $271,871 $5,312 4.15%
    $50k or less 862 $126,200,000 $146,404 $4,667 4.28%
    $75k-100k 814 $189,180,000 $232,408 $5,264 4.22%
    $150k-250k 568 $189,610,000 $333,820 $5,291 4.20%
    $250k+ 195 $76,935,000 $394,538 $5,277 4.18%

    Assurance Financial Group lent most frequently to those with incomes in the $50k-75k range, with 1,185 originations. The second most popular income band? $100k-150k, with 930 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 933 $223,435,000 $239,480 $4,720 4.17%
    30-36% 879 $205,175,000 $233,419 $4,911 4.22%
    <20% 301 $70,485,000 $234,169 $4,024 4.05%
    50-60% 278 $56,620,000 $203,669 $7,071 4.25%
    44% 191 $42,085,000 $220,340 $5,079 4.32%
    39% 182 $39,310,000 $215,989 $4,791 4.22%
    41% 179 $43,795,000 $244,665 $5,259 4.30%
    42% 177 $42,845,000 $242,062 $5,370 4.26%
    38% 175 $40,535,000 $231,629 $5,137 4.29%
    40% 165 $38,475,000 $233,182 $5,168 4.21%
    43% 158 $34,410,000 $217,785 $5,396 4.25%
    36% 157 $37,935,000 $241,624 $5,374 4.26%
    37% 145 $31,505,000 $217,276 $4,950 4.34%
    49% 127 $31,795,000 $250,354 $5,997 4.25%
    45% 119 $27,575,000 $231,723 $5,169 4.21%
    47% 112 $26,450,000 $236,161 $5,173 4.35%
    46% 107 $25,805,000 $241,168 $5,614 4.31%
    48% 100 $23,220,000 $232,200 $5,161 4.26%
    >60% 61 $17,365,000 $284,672 $5,572 4.23%

    Assurance Financial Group lent most frequently to those with DTI ratios of 20-30%, with 933 originations. The next most common DTI ratio? 30-36%, with 879 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,772 $900,080,000 $238,621 $5,035 4.21%
    Black 397 $72,985,000 $183,841 $5,458 4.37%
    Not provided 264 $58,260,000 $220,682 $5,416 4.29%
    Asian 91 $23,805,000 $261,593 $5,626 4.22%
    American Indian 21 $4,255,000 $202,619 $5,191 4.09%
    Native Hawaiian or Islander 8 $1,720,000 $215,000 $6,413 4.33%
    Other Asian 2 $680,000 $340,000 $4,775 3.94%

    Approval Rates

    Total approvals of all applications
    95.29%

    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
    66.56%

    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 4,555 $1,061,785,000 $233,103

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 2 $220,000 $110,000
    Single Family (1-4 Units):Site-Built 4,553 $1,061,565,000 $233,157

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 58 $8,890,000 $153,276 $3,838 4.06%
    40-60% 274 $63,990,000 $233,540 $4,099 4.00%
    60-80% 1,084 $275,640,000 $254,280 $4,348 4.23%
    80-100% 3,086 $705,300,000 $228,548 $5,473 4.26%
    Over 100% 32 $7,100,000 $221,875 $7,636 4.27%
    Under 20% 20 $520,000 $26,000 $3,295 2.31%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    ASSURANCE FINANCIAL GROUP, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%