Infinity Equity Group Mortgage Rates, Fees & Info
SACRAMENTO, CALEI: 5493000XC2Y1SLXRQP11
Tax ID: 72-1591908
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Infinity Equity Group is a smaller mortgage company specializing in Refi, Home Purchase, and Cash Out Refi loans. Infinity Equity Group has a high proportion of conventional loans. Their top markets include Redding, Reno, Santa Rosa, Red Bluff, and Phoenix among others. Infinity Equity Group has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Infinity Equity Group is typically an average fee lendor.Originations
749Origination Dollar Volume (All Markets)
$230,505,000Awards
INFINITY EQUITY GROUP - 2021
INFINITY EQUITY GROUP is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
Infinity Equity Group 's average 30 year fixed rate mortgage of loans were
3.21%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.06%.
Relative Fees
Infinity Equity Group 's average total fees for a 30 year fixed rate
mortgage are $4,721.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| REDDING, CA (FHA|USDA|VA) | 401 | $110,055,000 | $274,451 | $4,602 | 3.19% |
| RENO, NV (FHA|USDA|VA) | 119 | $41,935,000 | $352,395 | $4,880 | 3.12% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 26 | $11,430,000 | $439,615 | $4,958 | 2.96% |
| Red Bluff, CA (FHA|USDA|VA) | 42 | $10,630,000 | $253,095 | $4,841 | 3.21% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 23 | $7,885,000 | $342,826 | $4,601 | 3.20% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 22 | $7,830,000 | $355,909 | $4,319 | 3.08% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 15 | $7,235,000 | $482,333 | $3,972 | 2.93% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 14 | $7,090,000 | $506,429 | $5,014 | 3.10% |
| Outside of Metro Areas | 18 | $4,950,000 | $275,000 | $4,154 | 3.14% |
| CHICO, CA (FHA|USDA|VA) | 9 | $2,745,000 | $305,000 | $6,099 | 3.01% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 4 | $1,860,000 | $465,000 | $7,200 | 3.06% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 5 | $1,485,000 | $297,000 | $5,334 | 3.60% |
| CARSON CITY, NV (FHA|USDA|VA) | 5 | $1,405,000 | $281,000 | $3,931 | 3.02% |
| STOCKTON, CA (FHA|USDA|VA) | 2 | $1,020,000 | $510,000 | $3,763 | 3.31% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 3 | $985,000 | $328,333 | $4,256 | 2.92% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $960,000 | $480,000 | $3,499 | 3.19% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $4,871 | 3.42% |
| NAPA, CA (FHA|USDA|VA) | 2 | $910,000 | $455,000 | $3,966 | 3.56% |
| Elko, NV (FHA|USDA|VA) | 2 | $890,000 | $445,000 | $4,512 | 3.50% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 3 | $835,000 | $278,333 | $3,157 | 2.87% |
| Fernley, NV (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $4,896 | 3.08% |
| Clearlake, CA (FHA|USDA|VA) | 3 | $795,000 | $265,000 | $3,569 | 3.04% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $3,756 | 3.25% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $3,082 | 2.87% |
| Outside of Metro Areas | 2 | $560,000 | $280,000 | $4,247 | 3.06% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $5,114 | 2.69% |
| VALLEJO, CA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $3,557 | 3.38% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,755 | 3.49% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $6,016 | 3.38% |
| Susanville, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,501 | 2.50% |
| Fallon, NV (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,187 | 2.75% |
| Winnemucca, NV (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,016 | 3.25% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,233 | 3.25% |
| Granbury, TX (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $5,314 | 2.88% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $3,690 | 3.63% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $4,320 | 3.00% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,733 | 3.25% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,204 | 2.88% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,504 | 3.00% |
| MERCED, CA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,304 | 3.25% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,408 | 3.25% |
Infinity Equity Group 's top markets include Redding, Reno, Santa Rosa, Red Bluff, and Phoenix among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 742 | $227,760,000 | $306,954 | $4,644 | 3.16% |
| VA | 7 | $2,745,000 | $392,143 | $5,804 | 2.80% |
For the 2021 period, Infinity Equity Group 's most frequently originated loan type of loans were Conventional, with 742 originations. Their 2nd most popular type is VA, with 7 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Refi | 301 | $87,735,000 | $291,478 | $4,442 | 3.05% |
| Home Purchase | 229 | $75,915,000 | $331,507 | $5,106 | 3.26% |
| Cash Out Refi | 194 | $59,480,000 | $306,598 | $4,435 | 3.17% |
| Home Improvement | 25 | $7,375,000 | $295,000 | $4,806 | 3.23% |
For the 2021, Infinity Equity Group 's most frequently cited loan purpose of loans were Refi, with 301 originations. The 2nd most popular reason of loans were Home Purchase, with 229 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 684 | $214,090,000 | $312,997 | $4,721 | 3.21% |
| 15 Year | 49 | $12,575,000 | $256,633 | $4,008 | 2.52% |
| 20 Year | 11 | $2,895,000 | $263,182 | $4,120 | 2.94% |
| 10 Year | 4 | $710,000 | $177,500 | $3,168 | 2.31% |
| Other | 1 | $235,000 | $235,000 | $3,026 | 3.25% |
For the 2021, Infinity Equity Group 's most frequently cited loan length of loans were 30 Year, with 684 originations. The 2nd most popular length of loans were 15 Year, with 49 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 411 | $135,845,000 | $330,523 |
| $2k-3k | 194 | $49,370,000 | $254,485 |
| $3k-4k | 73 | $19,695,000 | $269,795 |
| $5k+ | 63 | $22,555,000 | $358,016 |
| $<1k | 7 | $2,795,000 | $399,286 |
$4,721 of loans were Infinity Equity Group 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 411 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 427 | $130,405,000 | $305,398 |
| 2.5-3% | 271 | $87,085,000 | $321,347 |
| <2.5% | 41 | $10,725,000 | $261,585 |
| 4-5% | 9 | $2,145,000 | $238,333 |
During 2021, Infinity Equity Group 's average interest rate of loans were 3.21%, while their most frequently originated rate bucket of loans were 3-4%, with 427 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 406 | $115,820,000 | $285,271 | $4,586 | 3.15% |
| $400k-600k | 163 | $78,725,000 | $482,975 | $5,128 | 3.13% |
| $100k-200k | 155 | $24,795,000 | $159,968 | $4,232 | 3.17% |
| $600k-1MM | 13 | $9,165,000 | $705,000 | $6,342 | 3.13% |
| $100,000 or less | 11 | $985,000 | $89,545 | $4,004 | 3.19% |
| $1MM+ | 1 | $1,015,000 | $1,015,000 | $5,551 | 3.25% |
2021 saw Infinity Equity Group place emphasis on $200k-400k loans with 406 originations, totaling $115,820,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 197 | $68,395,000 | $347,183 | $4,612 | 3.10% |
| $50k-75k | 179 | $44,935,000 | $251,034 | $4,803 | 3.16% |
| $75k-100k | 128 | $37,830,000 | $295,547 | $4,630 | 3.23% |
| $150k-250k | 111 | $42,775,000 | $385,360 | $4,721 | 3.13% |
| $50k or less | 84 | $15,270,000 | $181,786 | $4,308 | 3.16% |
| $250k+ | 50 | $21,300,000 | $426,000 | $4,782 | 3.16% |
Infinity Equity Group lent most frequently to those with incomes in the $100k-150k range, with 197 originations. The second most popular income band? $50k-75k, with 179 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 186 | $54,320,000 | $292,043 | $4,314 | 3.10% |
| 30-36% | 144 | $43,810,000 | $304,236 | $4,764 | 3.18% |
| <20% | 68 | $19,210,000 | $282,500 | $4,351 | 3.05% |
| 44% | 38 | $11,370,000 | $299,211 | $4,554 | 3.36% |
| 43% | 34 | $11,000,000 | $323,529 | $4,999 | 3.23% |
| 41% | 30 | $9,680,000 | $322,667 | $4,737 | 3.16% |
| 36% | 28 | $9,900,000 | $353,571 | $4,561 | 3.24% |
| 39% | 25 | $7,935,000 | $317,400 | $4,460 | 3.24% |
| 48% | 25 | $8,735,000 | $349,400 | $5,058 | 3.11% |
| 40% | 25 | $7,555,000 | $302,200 | $4,947 | 3.14% |
| 45% | 24 | $7,360,000 | $306,667 | $5,161 | 3.26% |
| 37% | 23 | $7,695,000 | $334,565 | $5,290 | 3.22% |
| 42% | 22 | $6,520,000 | $296,364 | $4,608 | 3.12% |
| 46% | 21 | $7,245,000 | $345,000 | $4,220 | 3.11% |
| 38% | 21 | $6,625,000 | $315,476 | $6,090 | 3.17% |
| 47% | 20 | $6,330,000 | $316,500 | $4,136 | 3.12% |
| 49% | 11 | $3,495,000 | $317,727 | $5,041 | 3.11% |
| 50-60% | 3 | $1,215,000 | $405,000 | $6,640 | 3.21% |
| >60% | 1 | $505,000 | $505,000 | $5,978 | 2.25% |
Infinity Equity Group lent most frequently to those with DTI ratios of 20-30%, with 186 originations. The next most common DTI ratio? 30-36%, with 144 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 585 | $176,005,000 | $300,863 | $4,710 | 3.15% |
| Not provided | 124 | $40,460,000 | $326,290 | $4,349 | 3.16% |
| Asian | 19 | $7,155,000 | $376,579 | $5,150 | 3.22% |
| Not applicable | 8 | $2,520,000 | $315,000 | $4,491 | 3.45% |
| Black | 6 | $2,150,000 | $358,333 | $4,538 | 3.10% |
| American Indian | 4 | $970,000 | $242,500 | $4,323 | 3.34% |
| Other Asian | 1 | $525,000 | $525,000 | $4,477 | 3.13% |
| Asian Indian | 1 | $405,000 | $405,000 | $5,316 | 2.99% |
| Native Hawaiian | 1 | $315,000 | $315,000 | $2,957 | 3.25% |
Approval Rates
Total approvals of all applications98.60%
Infinity Equity Group has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination87.84%
Infinity Equity Group has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 749 | $230,505,000 | $307,750 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 749 | $230,505,000 | $307,750 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 57 | $11,735,000 | $205,877 | $4,176 | 2.94% |
| 40-60% | 176 | $49,110,000 | $279,034 | $4,287 | 3.02% |
| 60-80% | 341 | $111,165,000 | $325,997 | $4,650 | 3.21% |
| 80-100% | 171 | $57,275,000 | $334,942 | $5,165 | 3.26% |
| Over 100% | 2 | $750,000 | $375,000 | $8,748 | 2.88% |
| Under 20% | 2 | $470,000 | $235,000 | $3,889 | 3.25% |
