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

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    • Review & 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 by origination volume include: Baton Rouge, New Orleans, Atlanta, Lafayette, and Birmingham among others. We have data for 193 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% 4/21/24
    30 Year Conventional Purchase 6.84% 4/21/24
    30 Year Conventional Refi 6.77% 4/21/24
    30 Year Cash-out Refi 6.98% 4/21/24
    30 Year FHA Purchase 7.57% 4/21/24
    30 Year FHA Refi 7.05% 4/21/24
    30 Year VA Purchase 6.58% 4/21/24
    30 Year VA Refi 6.50% 4/21/24
    30 Year USDA Purchase 6.93% 4/21/24
    30 Year USDA Refi 6.76% 4/21/24
    15 Year Conventional Purchase 6.36% 4/21/24
    15 Year Conventional Refi 6.49% 4/21/24
    15 Year Cash-out Refi 6.49% 4/21/24
    15 Year VA Refi 7.15% 4/21/24
    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

    9,241

    Origination Dollar Volume (All Markets)

    $2,240,395,000
    Show all (12) 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) 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%
    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%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 163 $39,785,000 $244,080 $4,103 2.92%
    Outside of Metro Areas 192 $38,980,000 $203,021 $4,939 3.16%
    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%
    LYNCHBURG, VA (FHA|USDA|VA) 95 $17,855,000 $187,947 $4,041 3.10%
    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%
    Opelousas, LA (FHA|USDA|VA) 51 $9,825,000 $192,647 $4,707 3.25%
    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%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 12 $3,300,000 $275,000 $4,171 3.26%
    Ruston, LA (FHA|USDA|VA) 16 $3,250,000 $203,125 $6,908 3.22%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 11 $2,775,000 $252,273 $3,674 3.20%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 7 $2,755,000 $393,571 $4,830 3.18%
    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-Elgin, IL-IN-WI (FHA|USDA|VA) 10 $2,490,000 $249,000 $4,164 3.20%
    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%
    LAKE CHARLES, LA (FHA|USDA|VA) 9 $1,775,000 $197,222 $4,860 3.22%
    Morgan City, LA (FHA|USDA|VA) 9 $1,625,000 $180,556 $4,905 3.26%
    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%
    Bogalusa, LA (FHA|USDA|VA) 8 $1,450,000 $181,250 $4,101 3.03%
    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%
    Cullman, AL (FHA|USDA|VA) 5 $1,215,000 $243,000 $5,314 3.17%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 4 $1,190,000 $297,500 $4,359 2.88%
    Natchez, MS-LA (FHA|USDA|VA) 7 $1,165,000 $166,429 $3,927 2.89%
    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%
    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%
    Georgetown, SC (FHA|USDA|VA) 2 $890,000 $445,000 $3,279 2.88%
    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%
    Jennings, LA (FHA|USDA|VA) 4 $820,000 $205,000 $3,616 3.09%
    Newberry, SC (FHA|USDA|VA) 3 $815,000 $271,667 $3,600 3.21%
    WACO, TX (FHA|USDA|VA) 5 $795,000 $159,000 $3,055 3.07%
    Natchitoches, LA (FHA|USDA|VA) 4 $780,000 $195,000 $4,439 3.03%
    Kill Devil Hills, NC (FHA|USDA|VA) 3 $745,000 $248,333 $3,171 2.63%
    TYLER, TX (FHA|USDA|VA) 4 $740,000 $185,000 $3,707 2.88%
    Cullowhee, NC (FHA|USDA|VA) 2 $720,000 $360,000 $3,688 3.19%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 3 $715,000 $238,333 $2,302 2.67%
    Selma, AL (FHA|USDA|VA) 2 $690,000 $345,000 $3,523 2.99%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $680,000 $340,000 $4,235 3.19%
    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%
    Jasper, AL (FHA|USDA|VA) 4 $590,000 $147,500 $4,498 3.19%
    Albertville, AL (FHA|USDA|VA) 4 $570,000 $142,500 $6,236 3.44%
    EL PASO, TX (FHA|USDA|VA) 3 $555,000 $185,000 $2,505 2.83%
    Roanoke Rapids, NC (FHA|USDA|VA) 1 $515,000 $515,000 $10,894 2.25%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $505,000 $168,333 $3,409 3.00%
    Martinsville, VA (FHA|USDA|VA) 1 $495,000 $495,000 $8,448 3.75%
    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%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $460,000 $230,000 $2,485 3.00%
    HATTIESBURG, MS (FHA|USDA|VA) 2 $460,000 $230,000 $4,988 3.50%
    Toccoa, GA (FHA|USDA|VA) 1 $455,000 $455,000 $3,740 3.25%
    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%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 3 $435,000 $145,000 $5,674 3.63%
    BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $430,000 $215,000 $3,062 2.44%
    Granbury, TX (FHA|USDA|VA) 1 $425,000 $425,000 $4,394 3.50%
    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-Tacoma-Bellevue, 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%
    Oxford, MS (FHA|USDA|VA) 2 $390,000 $195,000 $5,303 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%
    McComb, MS (FHA|USDA|VA) 2 $350,000 $175,000 $5,403 3.25%
    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%
    Morehead City, NC (FHA|USDA|VA) 2 $320,000 $160,000 $1,186 2.94%
    Elizabeth City, NC (FHA|USDA|VA) 1 $315,000 $315,000 $2,352 2.25%
    Roswell, NM (FHA|USDA|VA) 1 $315,000 $315,000 $7,968 2.75%
    Stephenville, TX (FHA|USDA|VA) 1 $305,000 $305,000 $5,641 3.63%
    LANSING-EAST LANSING, MI (FHA|USDA|VA) 1 $305,000 $305,000 $3,212 3.38%
    Statesboro, GA (FHA|USDA|VA) 1 $305,000 $305,000 $8,502 3.13%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $295,000 $295,000 $5,160 3.37%
    Breckenridge, CO (FHA|USDA|VA) 1 $295,000 $295,000 $3,130 2.63%
    Augusta-Waterville, ME (FHA|USDA|VA) 1 $295,000 $295,000 $2,132 2.25%
    Durango, CO (FHA|USDA|VA) 1 $295,000 $295,000 $6,791 3.00%
    Cornelia, GA (FHA|USDA|VA) 2 $290,000 $145,000 $2,998 2.94%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 2 $290,000 $145,000 $2,379 3.00%
    Uvalde, TX (FHA|USDA|VA) 1 $285,000 $285,000 $10,547 2.25%
    Eufaula, AL-GA (FHA|USDA|VA) 1 $285,000 $285,000 $2,512 2.88%
    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%
    Steamboat Springs, CO (FHA|USDA|VA) 1 $265,000 $265,000 $2,517 3.25%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 2 $260,000 $130,000 $4,464 3.50%
    ANN ARBOR, MI (FHA|USDA|VA) 1 $255,000 $255,000 $3,358 2.38%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 1 $255,000 $255,000 $3,147 2.38%
    ROME, GA (FHA|USDA|VA) 1 $245,000 $245,000 $3,117 2.63%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $245,000 $245,000 $3,189 3.13%
    PITTSBURGH, PA (FHA|USDA|VA) 1 $245,000 $245,000 $4,132 3.00%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 1 $245,000 $245,000 $3,243 3.50%
    LUBBOCK, TX (FHA|USDA|VA) 2 $240,000 $120,000 $3,128 2.94%
    Starkville, MS (FHA|USDA|VA) 1 $235,000 $235,000 $2,899 2.50%
    Laconia, NH (FHA|USDA|VA) 1 $235,000 $235,000 $2,944 2.99%
    Cookeville, TN (FHA|USDA|VA) 1 $235,000 $235,000 $3,825 3.25%
    Jefferson, GA (FHA|USDA|VA) 1 $225,000 $225,000 $3,433 2.75%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $220,000 $110,000 $3,559 3.12%
    SUMTER, SC (FHA|USDA|VA) 1 $215,000 $215,000 $3,665 3.00%
    ALBUQUERQUE, NM (FHA|USDA|VA) 1 $215,000 $215,000 $2,927 3.25%
    Rockingham, NC (FHA|USDA|VA) 1 $215,000 $215,000 $2,269 3.00%
    Fort Payne, AL (FHA|USDA|VA) 1 $215,000 $215,000 $3,286 2.88%
    Forest City, NC (FHA|USDA|VA) 1 $205,000 $205,000 $3,941 3.38%
    Winona, MN (FHA|USDA|VA) 1 $205,000 $205,000 $5,477 4.00%
    SPARTANBURG, SC (FHA|USDA|VA) 1 $205,000 $205,000 $2,735 3.38%
    Bay City, TX (FHA|USDA|VA) 1 $195,000 $195,000 $3,494 3.13%
    Dublin, GA (FHA|USDA|VA) 1 $195,000 $195,000 $3,350 3.50%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $185,000 $185,000 $4,946 3.50%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $185,000 $185,000 $2,745 2.75%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $185,000 $185,000 $1,774 2.75%
    Fort Polk South, LA (FHA|USDA|VA) 1 $185,000 $185,000 $5,129 2.25%
    Somerset, PA (FHA|USDA|VA) 1 $185,000 $185,000 $3,619 3.00%
    BLOOMINGTON, IN (FHA|USDA|VA) 1 $185,000 $185,000 $5,246 3.00%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1 $185,000 $185,000 $1,685 2.63%
    Albemarle, NC (FHA|USDA|VA) 1 $175,000 $175,000 $7,539 3.50%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $175,000 $175,000 $2,595 3.13%
    Lebanon, NH-VT (FHA|USDA|VA) 1 $175,000 $175,000 $1,891 3.12%
    Wilson, NC (FHA|USDA|VA) 1 $165,000 $165,000 $5,828 2.75%
    CHARLESTON, WV (FHA|USDA|VA) 1 $165,000 $165,000 $8,068 4.63%
    Levelland, TX (FHA|USDA|VA) 1 $165,000 $165,000 $6,420 3.25%
    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%
    Concord, NH (FHA|USDA|VA) 1 $155,000 $155,000 $2,411 2.50%
    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%
    PEORIA, IL (FHA|USDA|VA) 1 $125,000 $125,000 $2,235 3.25%
    Hobbs, NM (FHA|USDA|VA) 1 $125,000 $125,000 $5,174 3.63%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $125,000 $125,000 $5,114 4.00%
    Lawrenceburg, TN (FHA|USDA|VA) 1 $115,000 $115,000 $3,082 3.00%
    Scottsboro, AL (FHA|USDA|VA) 1 $115,000 $115,000 $3,893 3.63%
    TULSA, OK (FHA|USDA|VA) 1 $115,000 $115,000 $7,260 3.38%
    Mount Vernon, OH (FHA|USDA|VA) 1 $105,000 $105,000 $3,048 4.00%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 1 $105,000 $105,000 $3,445 4.25%
    Wilmington, OH (FHA|USDA|VA) 1 $95,000 $95,000 $4,080 3.50%
    Cordele, GA (FHA|USDA|VA) 1 $95,000 $95,000 $3,737 3.75%
    Vicksburg, MS (FHA|USDA|VA) 1 $85,000 $85,000 $4,507 3.88%
    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.

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. 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 2020, Assurance Financial Group's most frequently originated type of loan was Conventional, with 7,508 originations. Their 2nd most popular type was FHA, with 706 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2020, Assurance Financial Group's most frequently cited loan purpose was Refi, with 4,870 originations. The 2nd most popular reason was 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 2020, Assurance Financial Group's most frequently cited loan duration was 30 Year, with 7,224 originations. The 2nd most popular length was 15 Year, with 1,190 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost 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 364 $103,550,000 $284,478
    $5k+ 171 $65,585,000 $383,538
    $4k-5k 149 $45,315,000 $304,128

    Assurance Financial Group's average total fees were $4,733, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 3.19%, while their most frequently originated rate bucket for loans was 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 or Islander 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
    93.28%

    Assurance Financial Group has an average approval rate.

    Pick Rate

    Approvals leading to origination
    63.92%

    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 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%

    Complaints

    Bank Name Product Issue 2020 CPFB Complaints % of Total Issues
    ASSURANCE FINANCIAL GROUP, LLC Conventional home mortgage Closing on a mortgage 1 50.0%
    ASSURANCE FINANCIAL GROUP, LLC Conventional home mortgage Trouble during payment process 1 50.0%