Roundpoint Mortgage Servicing Corporation Rates, Fees & Info
WILMINGTON, DELEI: 5493000IIYWBLONJVJ30
Tax ID: 26-1193089
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Mortgage Data
Review & Overview
Roundpoint Mortgage Servicing Corporation is a smaller mortgage company specializing in Other loans. Roundpoint Mortgage Servicing Corporation has a high proportion of conventional loans. Their top markets by origination volume include: Philadelphia, Miami, Tampa, San Diego, and Atlanta among others. We have data for 40 markets. (Some data included below & more in-depth data is available with an active subscription.)Roundpoint Mortgage Servicing Corporation 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.
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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 30 Year Conventional Purchase | 6.57% | 12/16/24 |
| 30 Year Conventional Refi | 6.61% | 12/16/24 |
| 30 Year Cash-out Refi | 6.85% | 12/16/24 |
| 30 Year FHA Purchase | 7.45% | 12/16/24 |
| 30 Year FHA Refi | 7.36% | 12/16/24 |
| 30 Year VA Purchase | 6.38% | 12/16/24 |
| 30 Year VA Refi | 6.27% | 12/16/24 |
| 30 Year USDA Purchase | 6.91% | 12/16/24 |
| 30 Year USDA Refi | 6.27% | 12/16/24 |
| 15 Year Conventional Purchase | 6.25% | 12/16/24 |
| 15 Year Conventional Refi | 6.31% | 12/16/24 |
| 15 Year Cash-out Refi | 6.31% | 12/16/24 |
| 15 Year VA Refi | 5.68% | 12/16/24 |
| 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. | ||
Roundpoint Mortgage Servicing Corporation Mortgage Calculator
Your Estimates
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
58Origination Dollar Volume (All Markets)
$16,230,000Top 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 |
|---|---|---|---|---|---|
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $2,360 | 2.71% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 3 | $955,000 | $318,333 | $3,031 | 2.71% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $2,016 | 2.71% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $880,000 | $440,000 | $1,823 | 3.19% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $2,255 | 3.21% |
| BEND, OR (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $1,848 | 3.81% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $1,890 | 2.94% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $2,151 | 2.50% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 2 | $660,000 | $330,000 | $2,511 | 2.62% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $2,148 | 3.19% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $1,879 | 3.44% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $485,000 | $485,000 | $1,938 | 2.63% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $1,858 | 2.75% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $1,768 | 4.00% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $2,171 | 2.88% |
| Albertville, AL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $1,883 | 2.88% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $1,938 | 3.25% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $2,093 | 3.13% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $2,099 | 3.06% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $2,153 | 2.25% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $1,813 | 2.88% |
| Stevens Point, WI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $1,823 | 3.38% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,313 | 2.63% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,708 | 3.63% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $1,763 | 2.75% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $1,946 | 2.69% |
| HARRISONBURG, VA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $1,773 | 3.00% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,954 | 2.38% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $1,873 | 2.99% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,908 | 3.13% |
| DULUTH, MN-WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $1,823 | 2.88% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $1,898 | 2.25% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,016 | 2.50% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $1,768 | 3.38% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $1,829 | 2.38% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,923 | 4.25% |
| Outside of Metro Areas | 1 | $135,000 | $135,000 | $1,798 | 3.88% |
| Ruston, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,187 | 4.00% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,247 | 4.25% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,334 | 4.49% |
Similar Lenders
We use machine learning to identify the top lenders compared against ROUNDPOINT MORTGAGE SERVICING CORPORATION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 58 | $16,230,000 | $279,828 | $2,130 | 3.04% |
For 2023, Roundpoint Mortgage Servicing Corporation's most frequently originated type of loan was Conventional, with 58 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Other | 56 | $15,840,000 | $282,857 | $2,132 | 3.04% |
| Home Purchase | 2 | $390,000 | $195,000 | $2,078 | 3.06% |
For 2023, Roundpoint Mortgage Servicing Corporation's most frequently cited loan purpose was Other, with 56 originations. The 2nd most popular reason was Home Purchase, with 2 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 58 | $16,230,000 | $279,828 | $2,130 | 3.04% |
For 2023, Roundpoint Mortgage Servicing Corporation's most frequently cited loan duration was Other, with 58 originations.
Origination Fees/Closing Costs
| Origination Fee/Closing Cost | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 57 | $15,805,000 | $277,281 |
Roundpoint Mortgage Servicing Corporation's average total fees were $0, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 57 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 28 | $9,250,000 | $330,357 |
| 3-4% | 15 | $4,175,000 | $278,333 |
| <2.5% | 10 | $2,140,000 | $214,000 |
| 4-5% | 5 | $665,000 | $133,000 |
During 2023, Roundpoint Mortgage Servicing Corporation's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was 2.5-3%, with 28 originations.
Loan Sizing
2023 saw Roundpoint Mortgage Servicing Corporation place emphasis on $200k-400k loans with 32 originations, totaling $8,990,000 in origination value.
Applicant Income
Roundpoint Mortgage Servicing Corporation lent most frequently to those with incomes in the $100k-150k range, with 17 originations. The second most popular income band? $150k-250k, with 16 originations.
Applicant Debt to Income Ratio
Roundpoint Mortgage Servicing Corporation lent most frequently to those with DTI ratios of 20-30%, with 21 originations. The next most common DTI ratio? 30-36%, with 11 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications70.00%
Roundpoint Mortgage Servicing Corporation has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick Rate
Approvals leading to origination67.24%
Roundpoint Mortgage Servicing Corporation 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 | 58 | $16,230,000 | $279,828 |