Ladera Lending Mortgage Rates, Fees & Info

Sacramento, CA

LEI: 5493000H6DFDDJRORG89

Tax ID: 45-2481499

5 stars - out of 5 stars, based on 83 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Originations
  • Relative Rates
  • Relative Fees
  • 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

    Ladera Lending is a small mortgage company specializing in loans. Ladera Lending has a high proportion of conventional 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: Los Angeles, Riverside, San Francisco, Seattle, and Phoenix among others. We have data for 226 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Ladera Lending 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. Ladera Lending 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
    30 Year Conventional Purchase 6.96% 12/4/22
    30 Year Conventional Refi 6.78% 12/4/22
    30 Year FHA Purchase 7.55% 12/4/22
    30 Year FHA Refi 7.34% 12/4/22
    30 Year VA Purchase 6.51% 12/4/22
    30 Year VA Refi 6.37% 12/4/22
    15 Year Conventional Purchase 6.08% 12/4/22
    15 Year Conventional Refi 6.06% 12/4/22
    15 Year Cash-out Refi 6.06% 12/4/22
    15 Year FHA Refi 6.90% 12/4/22
    15 Year VA Refi 6.30% 12/4/22
    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.


    Originations

    6,838

    Origination Dollar Volume (All Markets)

    $2,501,250,000
    Show all (32) awards

    Relative Rate

    Ladera Lending's average 30 year fixed mortgage rate was 3.03%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.12%.

    Relative Fees (Closing Costs)

    Ladera Lending's average total fees/closing costs for a 30 year fixed rate mortgage were $4,441.

    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 $4,750.

    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
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 1,078 $477,110,000 $442,588 $4,497 2.94%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 575 $203,305,000 $353,574 $4,229 2.98%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 343 $158,425,000 $461,880 $4,187 2.90%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 269 $104,875,000 $389,870 $4,438 2.87%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 313 $100,835,000 $322,157 $3,837 2.99%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 281 $89,485,000 $318,452 $4,255 2.95%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 206 $86,910,000 $421,893 $4,273 2.88%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 212 $79,770,000 $376,274 $4,133 2.90%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 201 $70,725,000 $351,866 $4,806 2.96%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 195 $70,035,000 $359,154 $3,455 2.89%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 141 $53,065,000 $376,348 $4,358 2.96%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 103 $48,565,000 $471,505 $4,834 2.79%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 126 $43,440,000 $344,762 $4,556 2.90%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 98 $41,860,000 $427,143 $4,048 2.95%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 125 $39,895,000 $319,160 $4,523 2.97%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 98 $33,120,000 $337,959 $3,513 2.93%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 103 $29,865,000 $289,951 $5,494 2.99%
    RALEIGH-CARY, NC (FHA|USDA|VA) 86 $29,020,000 $337,442 $3,729 2.83%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 74 $26,080,000 $352,432 $4,333 2.92%
    STOCKTON, CA (FHA|USDA|VA) 72 $26,050,000 $361,806 $3,704 3.01%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 61 $22,115,000 $362,541 $4,609 2.93%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 51 $21,885,000 $429,118 $5,302 3.05%
    RENO, NV (FHA|USDA|VA) 59 $21,085,000 $357,373 $4,139 2.89%
    Outside of Metro Areas 64 $20,680,000 $323,125 $4,372 3.00%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 55 $20,675,000 $375,909 $5,332 3.16%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 63 $20,605,000 $327,063 $4,607 3.11%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 70 $19,950,000 $285,000 $5,279 2.98%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 59 $19,175,000 $325,000 $6,006 2.98%
    VALLEJO, CA (FHA|USDA|VA) 50 $18,280,000 $365,600 $3,739 2.95%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 60 $18,010,000 $300,167 $4,449 3.05%
    FRESNO, CA (FHA|USDA|VA) 56 $17,510,000 $312,679 $4,360 2.87%
    MODESTO, CA (FHA|USDA|VA) 50 $15,350,000 $307,000 $4,213 3.07%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 38 $15,160,000 $398,947 $3,603 2.91%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 35 $14,625,000 $417,857 $3,538 2.91%
    SALINAS, CA (FHA|USDA|VA) 30 $12,780,000 $426,000 $4,116 2.98%
    BAKERSFIELD, CA (FHA|USDA|VA) 42 $11,450,000 $272,619 $4,238 3.05%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 33 $11,265,000 $341,364 $6,155 2.92%
    TUCSON, AZ (FHA|USDA|VA) 37 $10,815,000 $292,297 $3,347 3.02%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 33 $10,655,000 $322,879 $4,579 2.96%
    WORCESTER, MA-CT (FHA|USDA|VA) 34 $10,450,000 $307,353 $4,351 3.08%
    SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 26 $10,410,000 $400,385 $3,091 2.94%
    JACKSONVILLE, FL (FHA|USDA|VA) 36 $10,290,000 $285,833 $4,248 3.04%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 30 $10,100,000 $336,667 $4,136 3.04%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 28 $9,490,000 $338,929 $5,905 2.83%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 27 $8,405,000 $311,296 $4,776 3.09%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 29 $8,125,000 $280,172 $4,915 2.95%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 20 $7,630,000 $381,500 $4,766 2.96%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 25 $7,085,000 $283,400 $3,702 3.02%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 21 $6,875,000 $327,381 $5,149 2.87%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 23 $6,395,000 $278,043 $4,077 2.88%
    EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 21 $6,335,000 $301,667 $5,017 2.98%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 20 $6,330,000 $316,500 $4,045 2.81%
    MERCED, CA (FHA|USDA|VA) 19 $6,235,000 $328,158 $3,492 3.03%
    BOULDER, CO (FHA|USDA|VA) 14 $5,920,000 $422,857 $4,462 2.79%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 17 $5,895,000 $346,765 $4,243 2.88%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 16 $5,710,000 $356,875 $5,003 2.75%
    ASHEVILLE, NC (FHA|USDA|VA) 17 $5,525,000 $325,000 $3,841 2.93%
    CHICO, CA (FHA|USDA|VA) 17 $5,255,000 $309,118 $4,098 2.96%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 19 $5,195,000 $273,421 $5,493 2.97%
    GREELEY, CO (FHA|USDA|VA) 16 $4,740,000 $296,250 $4,196 3.15%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 20 $4,680,000 $234,000 $3,308 3.01%
    BELLINGHAM, WA (FHA|USDA|VA) 11 $4,415,000 $401,364 $4,166 2.82%
    BEND, OR (FHA|USDA|VA) 12 $4,360,000 $363,333 $5,051 2.94%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 14 $4,150,000 $296,429 $4,313 2.92%
    MEDFORD, OR (FHA|USDA|VA) 13 $4,035,000 $310,385 $4,684 2.79%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 11 $4,025,000 $365,909 $4,441 2.69%
    FORT COLLINS, CO (FHA|USDA|VA) 11 $3,805,000 $345,909 $3,305 3.08%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 12 $3,650,000 $304,167 $6,218 3.17%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 11 $3,625,000 $329,545 $3,235 2.91%
    SPRINGFIELD, MA (FHA|USDA|VA) 14 $3,500,000 $250,000 $3,348 2.96%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 12 $3,480,000 $290,000 $5,566 3.13%
    Fernley, NV (FHA|USDA|VA) 10 $3,420,000 $342,000 $5,882 3.04%
    VISALIA, CA (FHA|USDA|VA) 12 $3,340,000 $278,333 $4,865 2.97%
    NAPA, CA (FHA|USDA|VA) 8 $3,310,000 $413,750 $4,181 2.83%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 11 $3,295,000 $299,545 $6,226 2.95%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 8 $3,260,000 $407,500 $4,306 2.89%
    Oak Harbor, WA (FHA|USDA|VA) 9 $3,225,000 $358,333 $4,374 2.94%
    YUBA CITY, CA (FHA|USDA|VA) 9 $3,015,000 $335,000 $4,864 2.75%
    LONGVIEW, WA (FHA|USDA|VA) 8 $2,790,000 $348,750 $5,378 2.89%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 8 $2,780,000 $347,500 $4,256 2.73%
    FLAGSTAFF, AZ (FHA|USDA|VA) 7 $2,765,000 $395,000 $4,758 2.79%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 10 $2,610,000 $261,000 $4,755 2.80%
    MADERA, CA (FHA|USDA|VA) 10 $2,580,000 $258,000 $3,874 3.09%
    KNOXVILLE, TN (FHA|USDA|VA) 10 $2,540,000 $254,000 $4,465 3.25%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 10 $2,470,000 $247,000 $4,206 2.80%
    SALEM, OR (FHA|USDA|VA) 9 $2,465,000 $273,889 $4,842 2.72%
    Kill Devil Hills, NC (FHA|USDA|VA) 9 $2,455,000 $272,778 $3,651 3.18%
    TALLAHASSEE, FL (FHA|USDA|VA) 8 $2,360,000 $295,000 $4,932 2.80%
    BOISE CITY, ID (FHA|USDA|VA) 6 $2,260,000 $376,667 $4,884 3.08%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 7 $2,215,000 $316,429 $4,406 3.00%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 7 $2,205,000 $315,000 $6,452 2.86%
    Pahrump, NV (FHA|USDA|VA) 8 $2,200,000 $275,000 $4,425 3.38%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 6 $2,200,000 $366,667 $4,643 2.98%
    YAKIMA, WA (FHA|USDA|VA) 7 $2,185,000 $312,143 $3,312 2.59%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 9 $2,175,000 $241,667 $4,207 3.11%
    GAINESVILLE, FL (FHA|USDA|VA) 6 $2,160,000 $360,000 $4,739 3.00%
    WACO, TX (FHA|USDA|VA) 8 $2,130,000 $266,250 $5,353 2.69%
    Ukiah, CA (FHA|USDA|VA) 6 $2,130,000 $355,000 $3,301 3.06%
    Payson, AZ (FHA|USDA|VA) 6 $2,010,000 $335,000 $6,672 2.71%
    REDDING, CA (FHA|USDA|VA) 8 $1,950,000 $243,750 $4,244 2.84%
    WILMINGTON, NC (FHA|USDA|VA) 7 $1,885,000 $269,286 $3,931 2.84%
    FAYETTEVILLE, NC (FHA|USDA|VA) 6 $1,870,000 $311,667 $7,177 2.73%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 7 $1,855,000 $265,000 $3,275 2.96%
    Port Angeles, WA (FHA|USDA|VA) 5 $1,835,000 $367,000 $2,982 2.88%
    OCEAN CITY, NJ (FHA|USDA|VA) 6 $1,830,000 $305,000 $5,373 2.60%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 5 $1,805,000 $361,000 $3,902 3.08%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 7 $1,795,000 $256,429 $5,228 2.98%
    Shelton, WA (FHA|USDA|VA) 6 $1,770,000 $295,000 $6,588 2.60%
    Clearlake, CA (FHA|USDA|VA) 5 $1,695,000 $339,000 $4,831 2.78%
    WINSTON-SALEM, NC (FHA|USDA|VA) 8 $1,670,000 $208,750 $3,971 2.94%
    Moses Lake, WA (FHA|USDA|VA) 6 $1,660,000 $276,667 $4,772 2.79%
    OCALA, FL (FHA|USDA|VA) 6 $1,660,000 $276,667 $4,162 3.38%
    Boone, NC (FHA|USDA|VA) 5 $1,655,000 $331,000 $2,287 2.83%
    CARSON CITY, NV (FHA|USDA|VA) 7 $1,605,000 $229,286 $4,337 3.00%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 4 $1,440,000 $360,000 $5,704 2.91%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 5 $1,375,000 $275,000 $5,376 2.93%
    Morehead City, NC (FHA|USDA|VA) 5 $1,375,000 $275,000 $3,405 2.78%
    Elko, NV (FHA|USDA|VA) 5 $1,365,000 $273,000 $4,045 2.75%
    Eureka-Arcata, CA (FHA|USDA|VA) 5 $1,345,000 $269,000 $3,272 2.93%
    Sonora, CA (FHA|USDA|VA) 6 $1,340,000 $223,333 $3,165 3.04%
    Aberdeen, WA (FHA|USDA|VA) 4 $1,330,000 $332,500 $3,266 3.00%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 5 $1,325,000 $265,000 $2,694 3.03%
    Prineville, OR (FHA|USDA|VA) 5 $1,315,000 $263,000 $3,584 3.13%
    PITTSFIELD, MA (FHA|USDA|VA) 4 $1,310,000 $327,500 $5,943 3.09%
    PANAMA CITY, FL (FHA|USDA|VA) 5 $1,255,000 $251,000 $3,343 2.88%
    TYLER, TX (FHA|USDA|VA) 5 $1,255,000 $251,000 $6,388 2.55%
    YUMA, AZ (FHA|USDA|VA) 5 $1,235,000 $247,000 $3,515 3.00%
    Roseburg, OR (FHA|USDA|VA) 4 $1,230,000 $307,500 $5,966 3.03%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 5 $1,225,000 $245,000 $3,355 2.88%
    EL CENTRO, CA (FHA|USDA|VA) 4 $1,200,000 $300,000 $5,437 2.63%
    ALBUQUERQUE, NM (FHA|USDA|VA) 5 $1,135,000 $227,000 $6,246 2.98%
    SALISBURY, MD-DE (FHA|USDA|VA) 4 $1,130,000 $282,500 $2,754 3.22%
    MORRISTOWN, TN (FHA|USDA|VA) 4 $1,110,000 $277,500 $7,420 3.28%
    Outside of Metro Areas 4 $1,080,000 $270,000 $4,398 3.13%
    AMARILLO, TX (FHA|USDA|VA) 4 $1,070,000 $267,500 $4,966 2.97%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $1,065,000 $355,000 $2,820 3.21%
    Albemarle, NC (FHA|USDA|VA) 4 $1,010,000 $252,500 $4,097 3.00%
    THE VILLAGES, FL (FHA|USDA|VA) 4 $1,000,000 $250,000 $3,442 2.88%
    WENATCHEE, WA (FHA|USDA|VA) 3 $985,000 $328,333 $6,499 3.04%
    COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 3 $985,000 $328,333 $5,256 2.75%
    Glenwood Springs, CO (FHA|USDA|VA) 2 $980,000 $490,000 $5,705 3.06%
    GRAND JUNCTION, CO (FHA|USDA|VA) 4 $970,000 $242,500 $5,085 2.75%
    Ellensburg, WA (FHA|USDA|VA) 3 $885,000 $295,000 $2,427 3.04%
    Edwards, CO (FHA|USDA|VA) 2 $860,000 $430,000 $5,639 2.81%
    PUNTA GORDA, FL (FHA|USDA|VA) 3 $855,000 $285,000 $4,141 2.88%
    Shelbyville, TN (FHA|USDA|VA) 2 $850,000 $425,000 $3,005 2.88%
    Coos Bay, OR (FHA|USDA|VA) 3 $835,000 $278,333 $4,120 2.92%
    WALLA WALLA, WA (FHA|USDA|VA) 2 $830,000 $415,000 $4,659 2.31%
    JACKSON, TN (FHA|USDA|VA) 3 $815,000 $271,667 $3,656 3.00%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 3 $795,000 $265,000 $2,105 3.04%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 2 $770,000 $385,000 $5,927 3.31%
    Astoria, OR (FHA|USDA|VA) 3 $765,000 $255,000 $6,325 3.08%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $755,000 $251,667 $7,094 3.08%
    LAREDO, TX (FHA|USDA|VA) 3 $755,000 $251,667 $4,455 3.17%
    ROCKY MOUNT, NC (FHA|USDA|VA) 3 $745,000 $248,333 $4,477 2.63%
    Cullowhee, NC (FHA|USDA|VA) 2 $740,000 $370,000 $5,317 3.25%
    Cookeville, TN (FHA|USDA|VA) 2 $740,000 $370,000 $2,869 3.13%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 2 $700,000 $350,000 $3,235 2.94%
    CORVALLIS, OR (FHA|USDA|VA) 2 $700,000 $350,000 $3,337 2.81%
    Breckenridge, CO (FHA|USDA|VA) 2 $680,000 $340,000 $3,692 3.00%
    Durango, CO (FHA|USDA|VA) 2 $670,000 $335,000 $3,052 2.75%
    SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 2 $620,000 $310,000 $2,249 3.50%
    JOHNSON CITY, TN (FHA|USDA|VA) 2 $610,000 $305,000 $6,167 2.94%
    Easton, MD (FHA|USDA|VA) 2 $600,000 $300,000 $5,203 2.44%
    Susanville, CA (FHA|USDA|VA) 2 $590,000 $295,000 $4,518 2.31%
    BURLINGTON, NC (FHA|USDA|VA) 2 $560,000 $280,000 $3,247 3.06%
    SANTA FE, NM (FHA|USDA|VA) 1 $545,000 $545,000 $5,526 2.63%
    Granbury, TX (FHA|USDA|VA) 1 $545,000 $545,000 $6,013 2.88%
    Klamath Falls, OR (FHA|USDA|VA) 2 $540,000 $270,000 $4,674 2.25%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $530,000 $265,000 $2,789 3.38%
    Brevard, NC (FHA|USDA|VA) 2 $530,000 $265,000 $4,608 3.13%
    Ontario, OR-ID (FHA|USDA|VA) 1 $525,000 $525,000 $9,942 3.50%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $520,000 $260,000 $5,107 2.88%
    LUBBOCK, TX (FHA|USDA|VA) 2 $520,000 $260,000 $4,020 3.13%
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 2 $510,000 $255,000 $4,065 2.88%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $500,000 $250,000 $3,364 3.13%
    Sevierville, TN (FHA|USDA|VA) 2 $500,000 $250,000 $3,487 3.19%
    Fallon, NV (FHA|USDA|VA) 2 $490,000 $245,000 $4,132 2.94%
    North Wilkesboro, NC (FHA|USDA|VA) 2 $480,000 $240,000 $3,765 2.75%
    EL PASO, TX (FHA|USDA|VA) 2 $460,000 $230,000 $4,594 2.44%
    FLORENCE, SC (FHA|USDA|VA) 1 $455,000 $455,000 $7,647 2.63%
    Newport, OR (FHA|USDA|VA) 1 $445,000 $445,000 $4,469 2.75%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $440,000 $220,000 $3,996 2.63%
    Cañon City, CO (FHA|USDA|VA) 1 $395,000 $395,000 $2,659 2.88%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $390,000 $195,000 $2,570 3.56%
    Red Bluff, CA (FHA|USDA|VA) 2 $390,000 $195,000 $2,947 2.94%
    Greeneville, TN (FHA|USDA|VA) 1 $385,000 $385,000 $9,784 2.63%
    Mount Airy, NC (FHA|USDA|VA) 1 $375,000 $375,000 $5,433 2.88%
    JACKSONVILLE, NC (FHA|USDA|VA) 1 $355,000 $355,000 $3,482 2.88%
    Montrose, CO (FHA|USDA|VA) 1 $345,000 $345,000 $2,734 2.75%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $345,000 $345,000 $3,145 3.25%
    Rexburg, ID (FHA|USDA|VA) 1 $345,000 $345,000 $4,690 3.25%
    Zapata, TX (FHA|USDA|VA) 1 $335,000 $335,000 $4,718 3.13%
    Henderson, NC (FHA|USDA|VA) 1 $335,000 $335,000 $1,524 2.63%
    Athens, TN (FHA|USDA|VA) 1 $325,000 $325,000 $3,849 2.88%
    Key West, FL (FHA|USDA|VA) 1 $325,000 $325,000 $4,390 2.25%
    Rockingham, NC (FHA|USDA|VA) 1 $325,000 $325,000 $6,537 2.50%
    Vineyard Haven, MA (FHA|USDA|VA) 1 $315,000 $315,000 $3,270 2.75%
    Nogales, AZ (FHA|USDA|VA) 1 $315,000 $315,000 $3,189 3.25%
    IDAHO FALLS, ID (FHA|USDA|VA) 1 $305,000 $305,000 $4,718 3.13%
    ABILENE, TX (FHA|USDA|VA) 1 $295,000 $295,000 $4,375 3.00%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $285,000 $285,000 $7,964 4.00%
    Jacksonville, TX (FHA|USDA|VA) 1 $285,000 $285,000 $6,700 3.25%
    Nacogdoches, TX (FHA|USDA|VA) 1 $285,000 $285,000 $3,207 3.25%
    Hermiston-Pendleton, OR (FHA|USDA|VA) 1 $275,000 $275,000 $5,389 2.63%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $265,000 $265,000 $6,624 3.50%
    Pullman, WA (FHA|USDA|VA) 1 $265,000 $265,000 $2,338 2.88%
    Centralia, WA (FHA|USDA|VA) 1 $255,000 $255,000 $1,287 2.13%
    Laurinburg, NC (FHA|USDA|VA) 1 $245,000 $245,000 $5,360 3.25%
    Washington, NC (FHA|USDA|VA) 1 $245,000 $245,000 $5,443 2.63%
    GOLDSBORO, NC (FHA|USDA|VA) 1 $245,000 $245,000 $6,317 2.75%
    Brookings, OR (FHA|USDA|VA) 1 $245,000 $245,000 $7,757 1.75%
    NEW BERN, NC (FHA|USDA|VA) 1 $235,000 $235,000 $3,478 3.00%
    CLEVELAND, TN (FHA|USDA|VA) 1 $225,000 $225,000 $4,583 4.13%
    ODESSA, TX (FHA|USDA|VA) 1 $225,000 $225,000 $7,621 2.88%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $225,000 $225,000 $2,895 3.25%
    GRANTS PASS, OR (FHA|USDA|VA) 1 $215,000 $215,000 $2,836 3.25%
    CUMBERLAND, MD-WV (FHA|USDA|VA) 1 $205,000 $205,000 $3,529 3.50%
    Crescent City, CA (FHA|USDA|VA) 1 $205,000 $205,000 $4,929 2.75%
    La Grande, OR (FHA|USDA|VA) 1 $205,000 $205,000 $4,571 3.38%
    Safford, AZ (FHA|USDA|VA) 1 $195,000 $195,000 $2,164 3.50%
    PUEBLO, CO (FHA|USDA|VA) 1 $185,000 $185,000 $2,759 3.25%
    Elizabeth City, NC (FHA|USDA|VA) 1 $185,000 $185,000 $3,419 3.25%
    SAN ANGELO, TX (FHA|USDA|VA) 1 $175,000 $175,000 $4,049 2.88%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $145,000 $145,000 $2,570 3.13%
    Huntsville, TX (FHA|USDA|VA) 1 $115,000 $115,000 $5,809 2.63%
    Ladera Lending's top markets include Los Angeles, Riverside, San Francisco, Seattle, and Phoenix among others.

    Their top states include:
  • California (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 6,363 $2,323,305,000 $365,127 $4,057 2.96%
    VA 296 $115,090,000 $388,818 $7,515 2.59%
    FHA 179 $62,855,000 $351,145 $9,968 2.93%

    For 2021, Ladera Lending's most frequently originated type of loan was Conventional, with 6,363 originations. Their 2nd most popular type was VA, with 296 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Refi 6,547 $2,369,935,000 $361,988 $4,247 2.94%
    Home Purchase 291 $131,315,000 $451,254 $6,948 3.13%

    For 2021, Ladera Lending's most frequently cited loan purpose was Refi, with 6,547 originations. The 2nd most popular reason was Home Purchase, with 291 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,649 $2,115,425,000 $374,478 $4,441 3.03%
    15 Year 806 $259,620,000 $322,109 $4,030 2.46%
    20 Year 231 $77,665,000 $336,212 $4,017 2.78%
    Other 97 $32,755,000 $337,680 $3,516 2.88%
    10 Year 55 $15,785,000 $287,000 $4,018 2.33%

    For 2021, Ladera Lending's most frequently cited loan duration was 30 Year, with 5,649 originations. The 2nd most popular length was 15 Year, with 806 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 4,056 $1,479,990,000 $364,889
    $2k-3k 835 $273,465,000 $327,503
    $5k+ 831 $348,205,000 $419,019
    $3k-4k 540 $181,830,000 $336,722
    $4k-5k 348 $124,940,000 $359,023
    $<1k 227 $92,565,000 $407,775

    Ladera Lending's average total fees were $4,441, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 4,056 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 3,434 $1,279,470,000 $372,589
    3-4% 2,319 $840,745,000 $362,546
    <2.5% 1,017 $357,835,000 $351,853
    4-5% 68 $23,200,000 $341,176

    During 2021, Ladera Lending's average interest rate for loans was 3.03%, while their most frequently originated rate bucket for loans was 2.5-3%, with 3,434 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 4,007 $1,222,335,000 $305,050 $4,122 2.93%
    $400k-600k 2,015 $966,825,000 $479,814 $4,442 2.92%
    $100k-200k 488 $79,500,000 $162,910 $3,666 3.05%
    $600k-1MM 301 $213,405,000 $708,987 $7,911 3.14%
    $100,000 or less 14 $1,230,000 $87,857 $3,442 3.12%
    $1MM+ 13 $17,955,000 $1,381,154 $10,704 3.22%

    2021 saw Ladera Lending place emphasis on $200k-400k loans with 4,007 originations, totaling $1,222,335,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 2,116 $801,990,000 $379,012 $4,314 2.95%
    $150k-250k 1,448 $614,500,000 $424,378 $4,416 2.90%
    $75k-100k 1,369 $468,465,000 $342,195 $4,302 2.96%
    $50k-75k 1,061 $305,505,000 $287,941 $4,335 2.98%
    $250k+ 414 $202,580,000 $489,324 $4,975 2.95%
    $50k or less 365 $83,025,000 $227,466 $4,116 3.00%

    Ladera Lending lent most frequently to those with incomes in the $100k-150k range, with 2,116 originations. The second most popular income band? $150k-250k, with 1,448 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 1,396 $505,000,000 $361,748 $3,986 2.89%
    30-36% 1,221 $445,755,000 $365,074 $4,178 2.94%
    44% 379 $135,925,000 $358,641 $4,390 3.07%
    <20% 363 $124,675,000 $343,457 $3,700 2.83%
    43% 310 $114,300,000 $368,710 $4,452 3.03%
    42% 303 $111,475,000 $367,904 $4,505 3.02%
    40% 288 $110,240,000 $382,778 $4,541 3.00%
    38% 280 $101,750,000 $363,393 $4,444 3.02%
    41% 260 $99,180,000 $381,462 $4,790 2.96%
    37% 259 $92,185,000 $355,927 $4,286 2.98%
    39% 250 $90,960,000 $363,840 $4,422 2.99%
    45% 240 $89,610,000 $373,375 $4,934 2.98%
    36% 224 $86,040,000 $384,107 $4,223 2.93%
    49% 221 $81,535,000 $368,937 $4,846 2.93%
    48% 208 $78,150,000 $375,721 $4,154 3.01%
    46% 193 $72,655,000 $376,451 $4,087 2.93%
    47% 181 $64,115,000 $354,227 $4,445 3.00%
    50-60% 155 $60,995,000 $393,516 $7,952 2.87%
    >60% 8 $3,000,000 $375,000 $9,634 2.92%

    Ladera Lending lent most frequently to those with DTI ratios of 20-30%, with 1,396 originations. The next most common DTI ratio? 30-36%, with 1,221 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 5,237 $1,909,235,000 $364,567 $4,384 2.95%
    Not provided 864 $318,040,000 $368,102 $4,175 2.90%
    Asian 437 $172,705,000 $395,206 $4,288 2.86%
    Black 255 $86,085,000 $337,588 $4,721 3.02%
    American Indian 27 $8,445,000 $312,778 $3,886 2.99%
    Native Hawaiian or Islander 15 $5,765,000 $384,333 $4,361 2.87%
    1 $395,000 $395,000 $3,442 3.25%
    Not applicable 1 $355,000 $355,000 $2,169 3.25%
    Asian Indian 1 $225,000 $225,000 $4,655 2.88%

    Approval Rates

    Total approvals of all applications
    97.71%

    Ladera Lending 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
    -26.12%

    Ladera Lending 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 6,838 $2,501,250,000 $365,787

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    6,838 $2,501,250,000 $365,787

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 673 $202,345,000 $300,661 $3,745 2.80%
    40-60% 2,442 $871,770,000 $356,990 $3,707 2.86%
    60-80% 3,114 $1,188,870,000 $381,782 $4,481 3.04%
    80-100% 552 $223,200,000 $404,348 $7,189 2.97%
    Over 100% 10 $4,740,000 $474,000 $17,935 2.75%
    Under 20% 47 $10,325,000 $219,681 $3,268 2.88%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    Ladera Lending, Inc Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%