Ascent Home Lending Mortgage Rates, Fees & Info

FORT COLLINS, CO

LEI: 5493000XBNMBCC02KC17

Tax ID: 46-1843436

3.7 stars - Updated: 4/5/25 - out of 5 stars, based on 18 reviews

Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • 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

    Ascent Home Lending is a smaller mortgage company specializing in Home Purchase loans. They have a a high proportion of FHA loans. Ascent Home Lending has an average proportion of conventional loans. Their top markets by origination volume include: Mcallen, Brownsville, Kerrville, Houston, and San Antonio among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Ascent Home 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. Ascent Home Lending is typically a high 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 6.86% 4/5/25
    30 Year Conventional Refi 6.72% 4/5/25
    30 Year FHA Purchase 6.50% 4/5/25
    30 Year VA Purchase 6.14% 4/5/25
    15 Year Conventional Purchase 6.00% 4/5/25
    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.

    Ascent Home Lending Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Ascent Home 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

    317

    Origination Dollar Volume (All Markets)

    $90,725,000
    Show all (5) awards

    Relative Rate

    Ascent Home Lending's average 30 year fixed mortgage rate was 5.85%.

    The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.

    This yields a difference of -0.7%.

    Relative Fees (Closing Costs)

    Ascent Home Lending's average total fees/closing costs for a 30 year fixed rate mortgage were $11,789.

    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 $8,356.

    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
    MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 257 $74,075,000 $288,230 $11,295 5.74%
    BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 55 $14,975,000 $272,273 $13,771 5.98%
    Kerrville, TX (FHA|USDA|VA) 2 $790,000 $395,000 $8,907 6.63%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $525,000 $525,000 $14,413 6.13%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $360,000 $180,000 $6,115 6.25%
    Ascent Home Lending's top markets include Mcallen, Brownsville, Kerrville, Houston, and San Antonio among others.

    Their top states include:
  • Texas (FHA|USDA|VA)

    • Similar Lenders

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

    COMMUNITY DEVELOPMENT CORP OF BROWNSVILLE
    Similarity Rank: 32
    GSB MORTGAGE, INC.
    Similarity Rank: 133
    ASCENT HOME LENDING, LLC
    Similarity Rank: 385
    DATCU
    Similarity Rank: 468
    Texas Regional Bank
    Similarity Rank: 512
    AAXY L.L.C.
    Similarity Rank: 800
    FORT WORTH CITY CREDIT UNION
    Similarity Rank: 916
    FIRST CONTINENTAL MORTGAGE, LTD.
    Similarity Rank: 988
    PRIORITY HOME MORTGAGE, L.P.
    Similarity Rank: 994
    Inwood National Bank
    Similarity Rank: 1035

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    FHA 238 $66,590,000 $279,790 $12,345 5.65%
    Conventional 74 $22,420,000 $302,973 $9,414 6.25%
    VA 5 $1,715,000 $343,000 $10,354 6.01%

    For 2024, Ascent Home Lending's most frequently originated type of loan was FHA, with 238 originations. Their 2nd most popular type was Conventional, with 74 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 317 $90,725,000 $286,199 $11,679 5.79%

    For 2024, Ascent Home Lending's most frequently cited loan purpose was Home Purchase, with 317 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 313 $90,435,000 $288,930 $11,789 5.85%
    3 Year 4 $290,000 $72,500 $3,301 1.66%

    For 2024, Ascent Home Lending's most frequently cited loan duration was 30 Year, with 313 originations. The 2nd most popular length was 3 Year, with 4 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 124 $37,650,000 $303,629
    $1k-2k 78 $23,540,000 $301,795
    $<1k 65 $17,265,000 $265,615
    $4k-5k 16 $3,630,000 $226,875
    $3k-4k 14 $3,700,000 $264,286
    $2k-3k 13 $3,785,000 $291,154

    Ascent Home Lending's average total fees were $11,789, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 124 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 119 $33,275,000 $279,622
    5-6% 85 $25,025,000 $294,412
    4-5% 80 $21,720,000 $271,500
    7-8% 17 $7,135,000 $419,706
    3-4% 11 $3,145,000 $285,909
    <2.5% 3 $25,000 $8,333
    Over 8% 2 $400,000 $200,000

    During 2024, Ascent Home Lending's average interest rate for loans was 5.85%, while their most frequently originated rate bucket for loans was 6-7%, with 119 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 261 $71,235,000 $272,931 $11,699 5.77%
    $400k-600k 27 $12,335,000 $456,852 $15,107 6.07%
    $100k-200k 21 $3,415,000 $162,619 $7,748 6.24%
    $100,000 or less 5 $185,000 $37,000 $424 3.00%
    $600k-1MM 2 $1,310,000 $655,000 $15,974 6.50%
    $1MM+ 1 $2,245,000 $2,245,000 $17,383 7.25%

    2024 saw Ascent Home Lending place emphasis on $200k-400k loans with 261 originations, totaling $71,235,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 108 $31,970,000 $296,019 $12,045 5.82%
    $75k-100k 79 $20,935,000 $265,000 $11,577 5.74%
    $50k-75k 71 $16,695,000 $235,141 $10,053 5.51%
    $150k-250k 46 $15,330,000 $333,261 $13,531 6.15%
    $250k+ 10 $5,280,000 $528,000 $13,839 6.37%
    $50k or less 3 $515,000 $171,667 $6,366 5.71%

    Ascent Home Lending lent most frequently to those with incomes in the $100k-150k range, with 108 originations. The second most popular income band? $75k-100k, with 79 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 92 $25,790,000 $280,326 $11,816 5.56%
    <20% 39 $10,635,000 $272,692 $12,047 5.76%
    30-36% 24 $6,990,000 $291,250 $11,122 6.07%
    20-30% 20 $5,640,000 $282,000 $10,666 5.87%
    49% 16 $5,480,000 $342,500 $12,495 6.15%
    47% 16 $4,510,000 $281,875 $10,706 6.14%
    42% 15 $3,895,000 $259,667 $11,930 5.69%
    45% 14 $3,360,000 $240,000 $9,119 5.60%
    46% 13 $3,395,000 $261,154 $11,238 5.64%
    48% 13 $3,645,000 $280,385 $10,830 5.96%
    41% 9 $4,565,000 $507,222 $14,434 6.05%
    43% 8 $2,530,000 $316,250 $11,120 6.03%
    37% 8 $2,030,000 $253,750 $12,164 5.82%
    36% 7 $1,775,000 $253,571 $11,774 6.17%
    39% 7 $2,045,000 $292,143 $15,416 5.78%
    40% 7 $1,875,000 $267,857 $10,522 5.78%
    38% 6 $1,660,000 $276,667 $11,224 5.68%
    44% 1 $235,000 $235,000 $8,810 6.63%

    Ascent Home Lending lent most frequently to those with DTI ratios of 50-60%, with 92 originations. The next most common DTI ratio? <20%, with 39 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 233 $67,885,000 $291,352 $11,793 5.76%
    Not provided 58 $16,170,000 $278,793 $11,636 5.79%
    American Indian 14 $3,600,000 $257,143 $10,986 6.09%
    Asian 5 $1,485,000 $297,000 $11,533 5.92%
    Other Asian 3 $715,000 $238,333 $10,708 6.25%
    Asian Indian 1 $285,000 $285,000 $14,814 5.63%
    Black 1 $255,000 $255,000 $7,200 6.50%
    Filipino 1 $205,000 $205,000 $7,341 6.99%
    Chinese 1 $125,000 $125,000 $6,437 4.99%

    Approval Rates

    Total approvals of all applications
    98.76%

    Ascent Home 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
    74.13%

    Ascent Home Lending has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 317 $90,725,000 $286,199

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    317 $90,725,000 $286,199

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1 $65,000 $65,000 $1,695 6.99%
    40-60% 8 $1,250,000 $156,250 $7,351 6.28%
    60-80% 21 $5,835,000 $277,857 $10,182 6.07%
    80-100% 282 $82,890,000 $293,936 $11,992 5.82%
    Over 100% 2 $660,000 $330,000 $17,797 6.00%
    Under 20% 3 $25,000 $8,333 $0 0.00%