Alameda Mortgage Corporation Rates, Fees & Info
SANTA ROSA, CALEI: 5493000OM9RKJW8W5K82
Tax ID: 94-2229242
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Alameda Mortgage Corporation is a smaller mortgage company specializing in Home Purchase loans. Alameda Mortgage Corporation has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: San Francisco, Los Angeles, Vallejo, Sacramento, and Oxnard among others. We have data for 32 markets. (Some data included below & more in-depth data is available with an active subscription.)Alameda Mortgage 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. Alameda Mortgage Corporation 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 | 6.18% | 4/22/24 |
| 30 Year Conventional Refi | 6.52% | 4/22/24 |
| 30 Year Cash-out Refi | 6.87% | 4/22/24 |
| 30 Year FHA Purchase | 7.55% | 4/22/24 |
| 30 Year FHA Refi | 7.18% | 4/22/24 |
| 30 Year VA Purchase | 6.36% | 4/22/24 |
| 30 Year VA Refi | 6.44% | 4/22/24 |
| 30 Year USDA Purchase | 6.87% | 4/22/24 |
| 15 Year Conventional Purchase | 6.30% | 4/22/24 |
| 15 Year Conventional Refi | 6.42% | 4/22/24 |
| 15 Year Cash-out Refi | 6.42% | 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. | ||
Alameda Mortgage Corporation Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Alameda Mortgage Corporation. 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
914Origination Dollar Volume (All Markets)
$368,600,000Awards
ALAMEDA MORTGAGE CORPORATION - 2018
ALAMEDA MORTGAGE CORPORATION is a 2018 , due to their low .
For 2018, less than of lenders were eligible for this award.
Work for ALAMEDA MORTGAGE CORPORATION?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 464 | $220,290,000 | $474,763 | $6,677 | 4.75% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 107 | $33,675,000 | $314,720 | $6,120 | 4.85% |
| VALLEJO, CA (FHA|USDA|VA) | 65 | $22,585,000 | $347,462 | $6,762 | 4.96% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 54 | $19,030,000 | $352,407 | $6,845 | 4.69% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 40 | $16,800,000 | $420,000 | $6,821 | 4.60% |
| STOCKTON, CA (FHA|USDA|VA) | 45 | $14,475,000 | $321,667 | $6,565 | 4.93% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 12 | $6,430,000 | $535,833 | $7,140 | 5.08% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 28 | $5,800,000 | $207,143 | $5,682 | 5.32% |
| MODESTO, CA (FHA|USDA|VA) | 17 | $4,895,000 | $287,941 | $7,553 | 5.01% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 12 | $3,220,000 | $268,333 | $6,405 | 4.76% |
| FRESNO, CA (FHA|USDA|VA) | 15 | $3,105,000 | $207,000 | $5,795 | 5.33% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 6 | $2,450,000 | $408,333 | $5,949 | 4.96% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 10 | $2,290,000 | $229,000 | $5,420 | 4.86% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 4 | $1,850,000 | $462,500 | $6,064 | 4.81% |
| MERCED, CA (FHA|USDA|VA) | 6 | $1,350,000 | $225,000 | $5,031 | 4.98% |
| Outside of Metro Areas | 5 | $1,295,000 | $259,000 | $4,379 | 4.68% |
| Ukiah, CA (FHA|USDA|VA) | 4 | $1,280,000 | $320,000 | $5,620 | 4.75% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $1,165,000 | $388,333 | $6,577 | 5.04% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 2 | $940,000 | $470,000 | $4,223 | 5.00% |
| MADERA, CA (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $8,317 | 4.63% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $16,133 | 4.88% |
| NAPA, CA (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $14,416 | 4.00% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $4,335 | 4.75% |
| SALEM, OR (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $3,217 | 4.13% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $5,356 | 4.50% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $1,930 | 5.13% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $3,635 | 3.88% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,660 | 4.38% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,235 | 5.00% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,811 | 4.13% |
| Sonora, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,130 | 4.88% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $10,416 | 5.50% |
Similar Lenders
We use machine learning to identify the top lenders compared against ALAMEDA MORTGAGE CORPORATION based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 20
Similarity Rank: 48
Similarity Rank: 55
Similarity Rank: 70
Similarity Rank: 84
Similarity Rank: 126
Similarity Rank: 161
Similarity Rank: 176
Similarity Rank: 187
Similarity Rank: 189
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 668 | $268,410,000 | $401,811 | $4,959 | 4.85% |
| FHA | 196 | $76,990,000 | $392,806 | $11,537 | 4.76% |
| VA | 50 | $23,200,000 | $464,000 | $8,272 | 4.61% |
For 2018, Alameda Mortgage Corporation's most frequently originated type of loan was Conventional, with 668 originations. Their 2nd most popular type was FHA, with 196 originations.
Loan Reason
For 2018, Alameda Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 671 originations. The 2nd most popular reason was Cash Out Refi, with 145 originations.
Loan Duration/Length
For 2018, Alameda Mortgage Corporation's most frequently cited loan duration was 30 Year, with 861 originations. The 2nd most popular length was 15 Year, with 24 originations.
Origination Fees/Closing Costs
Alameda Mortgage Corporation's average total fees were $6,688, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 624 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4-5% | 622 | $259,480,000 | $417,170 |
| 5-6% | 237 | $87,595,000 | $369,599 |
| 3-4% | 47 | $20,255,000 | $430,957 |
| 6-7% | 5 | $1,255,000 | $251,000 |
| <2.5% | 2 | $10,000 | $5,000 |
During 2018, Alameda Mortgage Corporation's average interest rate for loans was 4.84%, while their most frequently originated rate bucket for loans was 4-5%, with 622 originations.
Loan Sizing
2018 saw Alameda Mortgage Corporation place emphasis on $200k-400k loans with 380 originations, totaling $114,820,000 in origination value.
Applicant Income
Alameda Mortgage Corporation lent most frequently to those with incomes in the $100k-150k range, with 259 originations. The second most popular income band? $50k-75k, with 174 originations.
Applicant Debt to Income Ratio
Alameda Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 133 originations. The next most common DTI ratio? 20-30%, with 93 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.80%
Alameda Mortgage Corporation has an average approval rate.
Pick Rate
Approvals leading to origination75.93%
Alameda Mortgage Corporation has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 914 | $368,600,000 | $403,282 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 4 | $1,240,000 | $310,000 |
| Single Family (1-4 Units):Site-Built | 910 | $367,360,000 | $403,692 |