Alameda Mortgage Corporation Rates, Fees & Info

SANTA ROSA, CA

LEI: 5493000OM9RKJW8W5K82

Tax ID: 94-2229242

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • 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

    Alameda Mortgage Corporation is a smaller mortgage company specializing in Home Purchase and Refi loans. Alameda Mortgage Corporation 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: Fresno, San Francisco, Los Angeles, Oxnard, and Madera among others. We have data for 43 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% 12/17/24
    30 Year Conventional Refi 6.52% 12/17/24
    30 Year Cash-out Refi 6.87% 12/17/24
    30 Year FHA Purchase 7.55% 12/17/24
    30 Year FHA Refi 7.18% 12/17/24
    30 Year VA Purchase 6.36% 12/17/24
    30 Year VA Refi 6.44% 12/17/24
    30 Year USDA Purchase 6.87% 12/17/24
    15 Year Conventional Purchase 6.30% 12/17/24
    15 Year Conventional Refi 6.42% 12/17/24
    15 Year Cash-out Refi 6.42% 12/17/24
    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

    2,133

    Origination Dollar Volume (All Markets)

    $632,215,000

    Awards

    ALAMEDA MORTGAGE CORPORATION 30 Year Conventional Loans bronze
    Show all (1) 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
    FRESNO, CA (FHA|USDA|VA) 687 $153,435,000 $223,341 $5,338 4.08%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 319 $141,495,000 $443,558 $7,318 4.13%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 304 $106,780,000 $351,250 $7,866 3.85%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 101 $45,325,000 $448,762 $6,798 4.11%
    MADERA, CA (FHA|USDA|VA) 102 $23,610,000 $231,471 $6,009 4.04%
    VALLEJO, CA (FHA|USDA|VA) 69 $22,885,000 $331,667 $6,938 3.87%
    STOCKTON, CA (FHA|USDA|VA) 70 $22,060,000 $315,143 $7,907 4.00%
    MERCED, CA (FHA|USDA|VA) 97 $17,755,000 $183,041 $6,450 3.59%
    MODESTO, CA (FHA|USDA|VA) 87 $16,485,000 $189,483 $6,704 3.50%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 50 $15,990,000 $319,800 $5,938 4.26%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 44 $11,710,000 $266,136 $7,013 4.22%
    VISALIA, CA (FHA|USDA|VA) 62 $10,580,000 $170,645 $5,153 3.95%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 22 $8,850,000 $402,273 $6,370 4.40%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 10 $5,260,000 $526,000 $4,933 4.54%
    BAKERSFIELD, CA (FHA|USDA|VA) 28 $5,140,000 $183,571 $6,128 3.74%
    NAPA, CA (FHA|USDA|VA) 6 $3,040,000 $506,667 $15,279 4.25%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 5 $2,525,000 $505,000 $6,562 4.80%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 18 $2,430,000 $135,000 $6,034 3.35%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $2,090,000 $522,500 $5,063 4.16%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 6 $2,050,000 $341,667 $4,554 4.08%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 3 $1,635,000 $545,000 $3,735 4.04%
    Outside of Metro Areas 4 $1,360,000 $340,000 $4,017 4.50%
    SALINAS, CA (FHA|USDA|VA) 3 $1,085,000 $361,667 $4,085 4.33%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $850,000 $425,000 $9,686 4.25%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 3 $775,000 $258,333 $5,129 4.42%
    Ukiah, CA (FHA|USDA|VA) 2 $760,000 $380,000 $8,578 3.56%
    Fernley, NV (FHA|USDA|VA) 2 $730,000 $365,000 $4,311 5.75%
    CHICO, CA (FHA|USDA|VA) 3 $675,000 $225,000 $5,773 4.58%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 2 $600,000 $300,000 $4,095 3.69%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $570,000 $285,000 $13,195 4.25%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1 $485,000 $485,000 $5,277 4.99%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $405,000 $405,000 $6,001 3.75%
    MEDFORD, OR (FHA|USDA|VA) 1 $335,000 $335,000 $4,538 2.75%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 1 $315,000 $315,000 $14,839 4.63%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 2 $300,000 $150,000 $3,829 4.88%
    YUBA CITY, CA (FHA|USDA|VA) 1 $295,000 $295,000 $9,109 3.75%
    CARSON CITY, NV (FHA|USDA|VA) 1 $275,000 $275,000 $3,669 4.88%
    REDDING, CA (FHA|USDA|VA) 2 $250,000 $125,000 $0 3.50%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $245,000 $245,000 $5,805 4.88%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $235,000 $235,000 $9,039 4.50%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 2 $220,000 $110,000 $4,066 4.44%
    PUEBLO, CO (FHA|USDA|VA) 1 $215,000 $215,000 $6,140 4.13%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $105,000 $105,000 $4,278 3.88%
    Alameda Mortgage Corporation's top markets include Fresno, San Francisco, Los Angeles, Oxnard, and Madera among others.

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

    • 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.

    SESLOC
    Similarity Rank: 128
    Educational Employees Credit Union
    Similarity Rank: 136
    MYPOINT Credit Union
    Similarity Rank: 147
    ONE NEVADA CREDIT UNION
    Similarity Rank: 168
    COASTHILLS
    Similarity Rank: 252
    HERITAGE COMMUNITY CREDIT UNION
    Similarity Rank: 318
    Great Basin Federal Credit Union
    Similarity Rank: 360
    SAFEAMERICA CREDIT UNION
    Similarity Rank: 368
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 546
    LBS FINANCIAL
    Similarity Rank: 630

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,545 $433,405,000 $280,521 $4,981 3.93%
    FHA 486 $157,160,000 $323,374 $10,940 4.24%
    VA 100 $41,300,000 $413,000 $8,599 4.03%
    USDA 2 $350,000 $175,000 $6,764 3.69%

    For 2019, Alameda Mortgage Corporation's most frequently originated type of loan was Conventional, with 1,545 originations. Their 2nd most popular type was FHA, with 486 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,426 $378,700,000 $265,568 $7,166 3.88%
    Refi 369 $139,435,000 $377,873 $4,762 4.07%
    Cash Out Refi 338 $114,080,000 $337,515 $6,269 4.44%

    For 2019, Alameda Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 1,426 originations. The 2nd most popular reason was Refi, with 369 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,043 $606,315,000 $296,777 $6,583 4.01%
    15 Year 48 $13,560,000 $282,500 $4,306 3.85%
    20 Year 23 $6,515,000 $283,261 $4,431 4.14%
    Other 11 $4,365,000 $396,818 $5,947 4.08%
    10 Year 8 $1,460,000 $182,500 $3,519 3.84%

    For 2019, Alameda Mortgage Corporation's most frequently cited loan duration was 30 Year, with 2,043 originations. The 2nd most popular length was 15 Year, with 48 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,012 $349,990,000 $345,840
    $2k-3k 322 $105,830,000 $328,665
    $<1k 306 $15,170,000 $49,575
    $5k+ 271 $94,795,000 $349,797
    $3k-4k 130 $37,440,000 $288,000
    $4k-5k 91 $28,865,000 $317,198

    Alameda Mortgage Corporation's average total fees were $6,583, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,012 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 976 $322,310,000 $330,236
    3-4% 723 $246,755,000 $341,293
    5-6% 195 $57,525,000 $295,000
    <2.5% 136 $1,040,000 $7,647
    2.5-3% 95 $2,945,000 $31,000
    6-7% 8 $1,640,000 $205,000

    During 2019, Alameda Mortgage Corporation's average interest rate for loans was 4.01%, while their most frequently originated rate bucket for loans was 4-5%, with 976 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,013 $295,935,000 $292,137 $6,029 4.31%
    $400k-600k 435 $206,745,000 $475,276 $7,787 4.26%
    $100,000 or less 287 $3,795,000 $13,223 $3,776 1.90%
    $100k-200k 279 $44,435,000 $159,265 $4,789 4.56%
    $600k-1MM 118 $80,050,000 $678,390 $9,243 4.23%
    $1MM+ 1 $1,255,000 $1,255,000 $4,699 3.63%

    2019 saw Alameda Mortgage Corporation place emphasis on $200k-400k loans with 1,013 originations, totaling $295,935,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 567 $117,835,000 $207,822 $6,151 3.83%
    $100k-150k 482 $171,310,000 $355,415 $6,891 4.05%
    $75k-100k 454 $130,150,000 $286,674 $6,923 3.94%
    $150k-250k 259 $119,215,000 $460,290 $6,917 4.27%
    $50k or less 251 $39,725,000 $158,267 $5,324 4.03%
    $250k+ 97 $45,195,000 $465,928 $5,759 4.44%

    Alameda Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 567 originations. The second most popular income band? $100k-150k, with 482 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 307 $90,325,000 $294,218 $6,210 3.97%
    20-30% 229 $71,025,000 $310,153 $4,928 4.16%
    44% 168 $45,030,000 $268,036 $6,184 3.83%
    50-60% 162 $57,350,000 $354,012 $10,478 4.20%
    43% 153 $40,905,000 $267,353 $6,187 3.84%
    42% 139 $35,395,000 $254,640 $5,819 3.72%
    41% 105 $28,205,000 $268,619 $6,544 3.96%
    38% 102 $26,830,000 $263,039 $5,876 3.78%
    40% 102 $28,400,000 $278,431 $5,967 3.94%
    49% 94 $32,760,000 $348,511 $7,204 4.31%
    39% 91 $25,535,000 $280,604 $6,517 3.76%
    45% 80 $25,010,000 $312,625 $6,555 4.16%
    37% 73 $22,165,000 $303,630 $5,821 3.99%
    47% 69 $21,925,000 $317,754 $6,558 4.41%
    48% 67 $22,125,000 $330,224 $6,274 4.26%
    36% 58 $13,450,000 $231,897 $5,017 3.74%
    46% 55 $19,305,000 $351,000 $6,978 4.29%
    <20% 49 $15,125,000 $308,673 $4,814 4.27%
    >60% 11 $3,775,000 $343,182 $8,918 3.90%

    Alameda Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 307 originations. The next most common DTI ratio? 20-30%, with 229 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,394 $393,870,000 $282,547 $6,275 3.90%
    Not provided 299 $98,015,000 $327,809 $7,293 4.04%
    Asian 305 $96,195,000 $315,393 $5,892 4.46%
    Black 113 $37,655,000 $333,230 $7,885 4.04%
    American Indian 14 $3,280,000 $234,286 $9,277 3.54%
    Native Hawaiian or Islander 8 $3,200,000 $400,000 $7,969 4.37%

    Approval Rates

    Total approvals of all applications
    93.78%

    Alameda Mortgage Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    69.90%

    Alameda Mortgage 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 2,133 $632,215,000 $296,397

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 10 $1,340,000 $134,000
    Single Family (1-4 Units):Site-Built 2,123 $630,875,000 $297,162

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 50 $11,800,000 $236,000 $4,148 4.20%
    40-60% 164 $54,950,000 $335,061 $4,537 4.20%
    60-80% 570 $199,320,000 $349,684 $5,293 4.43%
    80-100% 1,036 $346,640,000 $334,595 $7,532 4.33%
    Over 100% 22 $9,650,000 $438,636 $15,502 4.05%
    Under 20% 277 $4,405,000 $15,903 $3,474 1.78%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Allen Tate Mortgage Services Conventional home mortgage Trouble during payment process 1 100.0%