Ladera Lending Mortgage Rates, Fees & Info

Sacramento, CA

LEI: 5493000H6DFDDJRORG89

Tax ID: 45-2481499

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

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Mortgage Data

Review & Overview

Ladera Lending is a smaller mortgage company specializing in Cash Out Refi and Refi loans. Ladera Lending has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Los Angeles, Riverside, San Francisco, San Diego, and Sacramento among others. We have data for 133 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 6.78% 4/22/24
30 Year Conventional Refi 6.76% 4/22/24
30 Year FHA Purchase 7.28% 4/22/24
30 Year FHA Refi 7.04% 4/22/24
30 Year VA Purchase 6.17% 4/22/24
30 Year VA Refi 6.16% 4/22/24
15 Year Conventional Purchase 5.81% 4/22/24
15 Year Conventional Refi 6.30% 4/22/24
15 Year Cash-out Refi 6.30% 4/22/24
15 Year FHA Refi 5.68% 4/22/24
15 Year VA Refi 5.68% 4/22/24
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.

Ladera Lending Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Ladera Lending. 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

2,319

Origination Dollar Volume (All Markets)

$797,215,000

Awards

LADERA LENDING 30 Year Conventional Loans bronze LADERA LENDING FHA Loans silver LADERA LENDING 30 Year Conventional Loans bronze LADERA LENDING FHA Loans gold
Show all (4) 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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 366 $162,750,000 $444,672 $7,160 4.23%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 268 $91,250,000 $340,485 $6,625 4.22%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 111 $55,475,000 $499,775 $7,413 4.42%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 109 $45,885,000 $420,963 $7,208 4.15%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 109 $35,505,000 $325,734 $6,916 4.30%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 144 $35,480,000 $246,389 $6,641 4.17%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 124 $35,360,000 $285,161 $7,007 4.17%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 90 $31,580,000 $350,889 $7,970 4.26%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 68 $21,160,000 $311,176 $6,607 4.28%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 49 $16,695,000 $340,714 $6,368 4.14%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 29 $16,165,000 $557,414 $8,670 4.26%
STOCKTON, CA (FHA|USDA|VA) 42 $13,740,000 $327,143 $6,287 4.14%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 30 $11,680,000 $389,333 $9,096 4.55%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 27 $11,275,000 $417,593 $7,616 4.31%
MODESTO, CA (FHA|USDA|VA) 35 $10,115,000 $289,000 $6,925 4.34%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 38 $9,920,000 $261,053 $6,578 4.36%
VALLEJO, CA (FHA|USDA|VA) 25 $9,615,000 $384,600 $8,332 4.11%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 23 $7,045,000 $306,304 $7,896 4.10%
BAKERSFIELD, CA (FHA|USDA|VA) 27 $6,635,000 $245,741 $6,012 4.24%
RENO, NV (FHA|USDA|VA) 18 $6,440,000 $357,778 $6,762 4.29%
MERCED, CA (FHA|USDA|VA) 20 $6,440,000 $322,000 $6,560 4.08%
SALINAS, CA (FHA|USDA|VA) 17 $6,105,000 $359,118 $5,830 4.07%
FRESNO, CA (FHA|USDA|VA) 23 $6,015,000 $261,522 $7,689 4.28%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 17 $5,925,000 $348,529 $7,381 4.23%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 25 $5,505,000 $220,200 $6,536 5.03%
TUCSON, AZ (FHA|USDA|VA) 21 $5,455,000 $259,762 $7,407 4.05%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 15 $5,345,000 $356,333 $6,014 4.13%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 13 $5,105,000 $392,692 $10,685 4.19%
Outside of Metro Areas 16 $4,620,000 $288,750 $6,512 4.45%
SALEM, OR (FHA|USDA|VA) 17 $4,405,000 $259,118 $7,841 4.51%
COLORADO SPRINGS, CO (FHA|USDA|VA) 16 $4,290,000 $268,125 $5,370 3.92%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 13 $3,885,000 $298,846 $7,185 4.04%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 10 $3,800,000 $380,000 $8,683 4.20%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 15 $3,695,000 $246,333 $8,137 3.96%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 15 $3,655,000 $243,667 $7,340 4.11%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 9 $3,635,000 $403,889 $8,165 4.56%
GREELEY, CO (FHA|USDA|VA) 11 $3,225,000 $293,182 $9,519 4.70%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 11 $3,035,000 $275,909 $6,336 4.28%
BOULDER, CO (FHA|USDA|VA) 9 $2,945,000 $327,222 $6,127 4.24%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 6 $2,830,000 $471,667 $5,885 4.17%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 13 $2,825,000 $217,308 $5,785 5.70%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 9 $2,385,000 $265,000 $6,378 4.26%
FORT COLLINS, CO (FHA|USDA|VA) 8 $2,270,000 $283,750 $8,289 3.91%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 11 $2,085,000 $189,545 $5,423 5.15%
Fernley, NV (FHA|USDA|VA) 8 $2,070,000 $258,750 $4,058 4.53%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 7 $2,025,000 $289,286 $7,707 3.61%
BELLINGHAM, WA (FHA|USDA|VA) 6 $1,980,000 $330,000 $2,978 4.52%
JACKSONVILLE, FL (FHA|USDA|VA) 8 $1,710,000 $213,750 $6,981 4.47%
MEDFORD, OR (FHA|USDA|VA) 5 $1,655,000 $331,000 $5,044 4.43%
YUBA CITY, CA (FHA|USDA|VA) 6 $1,620,000 $270,000 $6,911 3.92%
PORT ST. LUCIE, FL (FHA|USDA|VA) 9 $1,615,000 $179,444 $5,878 4.18%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 7 $1,565,000 $223,571 $6,510 4.98%
NAPA, CA (FHA|USDA|VA) 3 $1,525,000 $508,333 $11,874 5.46%
Oak Harbor, WA (FHA|USDA|VA) 4 $1,470,000 $367,500 $7,135 3.81%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 6 $1,450,000 $241,667 $5,241 3.88%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 6 $1,410,000 $235,000 $6,308 5.52%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 7 $1,395,000 $199,286 $7,648 3.96%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 4 $1,360,000 $340,000 $9,682 4.09%
MADERA, CA (FHA|USDA|VA) 4 $1,350,000 $337,500 $7,891 5.00%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 5 $1,265,000 $253,000 $6,076 4.80%
BEND, OR (FHA|USDA|VA) 4 $1,260,000 $315,000 $5,492 4.09%
REDDING, CA (FHA|USDA|VA) 4 $1,190,000 $297,500 $5,179 3.88%
WORCESTER, MA-CT (FHA|USDA|VA) 4 $1,180,000 $295,000 $4,772 4.63%
ALBANY-LEBANON, OR (FHA|USDA|VA) 5 $1,175,000 $235,000 $5,926 4.33%
VISALIA, CA (FHA|USDA|VA) 5 $1,175,000 $235,000 $7,999 4.03%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $1,085,000 $217,000 $6,180 4.78%
Sonora, CA (FHA|USDA|VA) 3 $1,075,000 $358,333 $5,168 4.33%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 5 $1,025,000 $205,000 $4,994 4.33%
CHICO, CA (FHA|USDA|VA) 4 $1,020,000 $255,000 $3,431 4.59%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $995,000 $199,000 $4,077 4.48%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 4 $970,000 $242,500 $5,380 4.63%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $900,000 $450,000 $10,009 3.63%
CARSON CITY, NV (FHA|USDA|VA) 3 $895,000 $298,333 $6,327 4.75%
YAKIMA, WA (FHA|USDA|VA) 4 $870,000 $217,500 $8,099 3.63%
EL CENTRO, CA (FHA|USDA|VA) 3 $845,000 $281,667 $4,271 4.08%
Clearlake, CA (FHA|USDA|VA) 4 $810,000 $202,500 $7,598 4.28%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 3 $765,000 $255,000 $5,790 4.08%
KNOXVILLE, TN (FHA|USDA|VA) 2 $760,000 $380,000 $5,075 4.88%
Pahrump, NV (FHA|USDA|VA) 3 $695,000 $231,667 $5,378 4.21%
FLAGSTAFF, AZ (FHA|USDA|VA) 2 $670,000 $335,000 $9,554 5.63%
GRAND JUNCTION, CO (FHA|USDA|VA) 3 $665,000 $221,667 $6,684 3.71%
Hood River, OR (FHA|USDA|VA) 2 $640,000 $320,000 $9,794 3.50%
Red Bluff, CA (FHA|USDA|VA) 2 $600,000 $300,000 $6,123 3.81%
Centralia, WA (FHA|USDA|VA) 2 $580,000 $290,000 $7,283 4.81%
LEWISTON, ID-WA (FHA|USDA|VA) 3 $575,000 $191,667 $7,246 4.04%
YUMA, AZ (FHA|USDA|VA) 3 $575,000 $191,667 $3,256 4.04%
Aberdeen, WA (FHA|USDA|VA) 2 $550,000 $275,000 $3,449 3.75%
Hermiston-Pendleton, OR (FHA|USDA|VA) 2 $550,000 $275,000 $5,582 3.81%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $540,000 $270,000 $4,799 4.19%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 2 $540,000 $270,000 $7,670 4.19%
Gardnerville Ranchos, NV (FHA|USDA|VA) 2 $530,000 $265,000 $8,297 3.81%
Montrose, CO (FHA|USDA|VA) 2 $520,000 $260,000 $9,654 4.50%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $515,000 $171,667 $7,765 4.63%
WENATCHEE, WA (FHA|USDA|VA) 2 $490,000 $245,000 $7,681 3.69%
GRANTS PASS, OR (FHA|USDA|VA) 1 $485,000 $485,000 $3,213 3.75%
Boone, NC (FHA|USDA|VA) 1 $485,000 $485,000 $4,370 3.75%
Klamath Falls, OR (FHA|USDA|VA) 2 $460,000 $230,000 $9,623 4.44%
Key West, FL (FHA|USDA|VA) 2 $460,000 $230,000 $8,475 6.19%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 1 $455,000 $455,000 $4,474 3.63%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $445,000 $445,000 $17,950 4.63%
Moses Lake, WA (FHA|USDA|VA) 2 $440,000 $220,000 $10,690 4.13%
Show Low, AZ (FHA|USDA|VA) 2 $430,000 $215,000 $4,407 4.56%
Roseburg, OR (FHA|USDA|VA) 2 $410,000 $205,000 $6,412 3.69%
Prineville, OR (FHA|USDA|VA) 1 $405,000 $405,000 $4,367 5.00%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $385,000 $385,000 $6,949 3.75%
Edwards, CO (FHA|USDA|VA) 1 $385,000 $385,000 $2,634 4.50%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $330,000 $165,000 $3,774 3.94%
Susanville, CA (FHA|USDA|VA) 2 $330,000 $165,000 $7,431 4.25%
Winnemucca, NV (FHA|USDA|VA) 1 $325,000 $325,000 $3,069 3.63%
Durango, CO (FHA|USDA|VA) 1 $325,000 $325,000 $8,863 5.13%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $315,000 $315,000 $3,901 3.50%
ODESSA, TX (FHA|USDA|VA) 1 $315,000 $315,000 $4,626 3.63%
Port Angeles, WA (FHA|USDA|VA) 1 $305,000 $305,000 $8,446 3.50%
Newport, OR (FHA|USDA|VA) 1 $275,000 $275,000 $13,584 3.25%
Elko, NV (FHA|USDA|VA) 1 $275,000 $275,000 $3,944 4.38%
Nogales, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $8,904 4.63%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $265,000 $265,000 $14,387 4.63%
Shelton, WA (FHA|USDA|VA) 1 $245,000 $245,000 $9,111 9.38%
GAINESVILLE, FL (FHA|USDA|VA) 1 $215,000 $215,000 $9,683 3.13%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $215,000 $215,000 $8,060 3.38%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $195,000 $195,000 $6,901 3.75%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $185,000 $185,000 $7,071 4.00%
LONGVIEW, TX (FHA|USDA|VA) 1 $185,000 $185,000 $5,410 5.00%
North Wilkesboro, NC (FHA|USDA|VA) 1 $175,000 $175,000 $3,178 4.25%
Stephenville, TX (FHA|USDA|VA) 1 $175,000 $175,000 $5,929 3.63%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $165,000 $165,000 $9,491 4.13%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $165,000 $165,000 $1,834 4.13%
Ukiah, CA (FHA|USDA|VA) 1 $155,000 $155,000 $3,338 3.88%
PUNTA GORDA, FL (FHA|USDA|VA) 1 $155,000 $155,000 $3,794 4.13%
Palatka, FL (FHA|USDA|VA) 1 $135,000 $135,000 $6,003 3.88%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $125,000 $125,000 $2,801 5.00%
PUEBLO, CO (FHA|USDA|VA) 1 $115,000 $115,000 $5,432 5.50%
LONGVIEW, WA (FHA|USDA|VA) 1 $85,000 $85,000 $4,655 5.13%
Ladera Lending's top markets include Los Angeles, Riverside, San Francisco, San Diego, and Sacramento among others.

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

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

    FIRST COMMUNITY
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,364 $478,570,000 $350,858 $5,481 4.42%
    FHA 594 $185,740,000 $312,694 $9,947 4.16%
    VA 361 $132,905,000 $368,158 $7,820 3.86%

    For 2019, Ladera Lending's most frequently originated type of loan was Conventional, with 1,364 originations. Their 2nd most popular type was FHA, with 594 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Cash Out Refi 1,451 $473,685,000 $326,454 $7,991 4.40%
    Refi 763 $281,045,000 $368,342 $4,828 3.99%
    Home Purchase 105 $42,485,000 $404,619 $8,878 4.46%

    For 2019, Ladera Lending's most frequently cited loan purpose was Cash Out Refi, with 1,451 originations. The 2nd most popular reason was Refi, with 763 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,166 $749,690,000 $346,117 $7,105 4.30%
    15 Year 98 $28,380,000 $289,592 $5,497 3.69%
    20 Year 32 $10,340,000 $323,125 $4,620 4.03%
    Other 19 $7,035,000 $370,263 $4,955 3.95%
    10 Year 3 $885,000 $295,000 $4,024 4.04%
    30+ year 1 $885,000 $885,000 $23,953 5.13%

    For 2019, Ladera Lending's most frequently cited loan duration was 30 Year, with 2,166 originations. The 2nd most popular length was 15 Year, with 98 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,023 $359,235,000 $351,158
    $5k+ 482 $189,000,000 $392,116
    $2k-3k 277 $79,965,000 $288,682
    $3k-4k 211 $61,255,000 $290,308
    $4k-5k 178 $52,990,000 $297,697
    $<1k 148 $54,770,000 $370,068

    Ladera Lending's average total fees were $7,105, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,023 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,094 $375,230,000 $342,989
    4-5% 895 $308,805,000 $345,034
    5-6% 231 $77,115,000 $333,831
    6-7% 26 $10,300,000 $396,154
    7-8% 25 $11,605,000 $464,200
    Over 8% 25 $7,505,000 $300,200
    2.5-3% 23 $6,655,000 $289,348

    During 2019, Ladera Lending's average interest rate for loans was 4.30%, while their most frequently originated rate bucket for loans was 3-4%, with 1,094 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,296 $384,600,000 $296,759 $6,667 4.18%
    $400k-600k 551 $257,215,000 $466,815 $7,704 4.28%
    $100k-200k 329 $52,805,000 $160,502 $5,322 4.44%
    $600k-1MM 124 $87,860,000 $708,548 $10,814 4.45%
    $1MM+ 11 $14,075,000 $1,279,545 $17,701 5.11%
    $100,000 or less 8 $660,000 $82,500 $4,494 5.22%

    2019 saw Ladera Lending place emphasis on $200k-400k loans with 1,296 originations, totaling $384,600,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 641 $232,765,000 $363,128 $6,903 4.30%
    $75k-100k 499 $154,205,000 $309,028 $7,089 4.28%
    $50k-75k 429 $111,455,000 $259,802 $6,806 4.18%
    $150k-250k 332 $159,830,000 $481,416 $8,292 4.44%
    $50k or less 274 $68,930,000 $251,569 $5,959 4.17%
    $250k+ 71 $42,135,000 $593,451 $8,543 4.68%

    Ladera Lending lent most frequently to those with incomes in the $100k-150k range, with 641 originations. The second most popular income band? $75k-100k, with 499 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 370 $127,960,000 $345,838 $6,598 4.32%
    20-30% 247 $82,585,000 $334,352 $5,908 4.18%
    50-60% 245 $83,865,000 $342,306 $10,512 4.19%
    44% 134 $43,220,000 $322,537 $6,111 4.40%
    42% 107 $37,935,000 $354,533 $7,003 4.55%
    43% 106 $36,460,000 $343,962 $7,296 4.26%
    40% 99 $32,215,000 $325,404 $7,008 4.30%
    39% 95 $32,425,000 $341,316 $6,898 4.34%
    41% 93 $32,435,000 $348,763 $6,629 4.61%
    49% 90 $31,320,000 $348,000 $7,251 4.43%
    37% 80 $26,920,000 $336,500 $6,349 4.24%
    38% 79 $27,055,000 $342,468 $5,865 4.13%
    45% 74 $25,690,000 $347,162 $7,317 4.23%
    36% 70 $27,240,000 $389,143 $6,810 4.22%
    46% 69 $24,805,000 $359,493 $6,628 4.34%
    48% 56 $20,670,000 $369,107 $9,051 4.19%
    47% 50 $15,900,000 $318,000 $8,081 4.07%
    <20% 49 $14,875,000 $303,571 $6,148 4.31%
    >60% 21 $6,815,000 $324,524 $6,844 4.75%

    Ladera Lending lent most frequently to those with DTI ratios of 30-36%, with 370 originations. The next most common DTI ratio? 20-30%, with 247 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,823 $625,235,000 $342,970 $6,847 4.29%
    Not provided 237 $81,145,000 $342,384 $8,259 4.14%
    Asian 116 $44,780,000 $386,034 $6,808 4.16%
    Black 117 $37,405,000 $319,701 $6,891 4.25%
    Native Hawaiian or Islander 15 $4,545,000 $303,000 $5,609 4.19%
    American Indian 11 $4,105,000 $373,182 $7,941 4.51%

    Approval Rates

    Total approvals of all applications
    96.69%

    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
    9.23%

    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 2,319 $797,215,000 $343,775

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $105,000 $105,000
    Single Family (1-4 Units):Site-Built 2,318 $797,110,000 $343,878

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 99 $24,355,000 $246,010 $4,788 4.18%
    40-60% 345 $112,445,000 $325,928 $5,454 4.27%
    60-80% 1,024 $361,080,000 $352,617 $6,512 4.41%
    80-100% 816 $287,560,000 $352,402 $8,464 4.10%
    Over 100% 23 $9,775,000 $425,000 $9,569 3.90%
    Under 20% 11 $1,635,000 $148,636 $4,079 4.31%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Ladera Lending, Inc FHA mortgage Closing on a mortgage 1 100.0%