Finance Of America Commercial Mortgage Rates, Fees & Info
WILMINGTON, DELEI: 5493001IKIPQ6O5UGV92
Tax ID: 35-2486440
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Review & Overview
Finance Of America Commercial is a small mortgage company specializing in Home Purchase, Cash Out Refi, and Refi loans. Finance Of America Commercial has a high proportion of conventional loans. Their top markets by origination volume include: New York, Chicago, Los Angeles, Philadelphia, and Washington among others. We have data for 282 markets. (Some data included below & more in-depth data is available with an active subscription.)Finance Of America Commercial 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. They typically have relatively high 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.
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Originations
5,209Origination Dollar Volume (All Markets)
$1,235,555,000Top 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 |
|---|---|---|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 588 | $173,900,000 | $295,748 | $0 | 8.10% |
| Outside of Metro Areas | 102 | $100,730,000 | $987,549 | $0 | 7.43% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 451 | $75,405,000 | $167,195 | $0 | 8.61% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 83 | $58,615,000 | $706,205 | $0 | 7.70% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 358 | $58,110,000 | $162,318 | $0 | 7.84% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 160 | $47,250,000 | $295,313 | $0 | 8.52% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 267 | $42,575,000 | $159,457 | $0 | 8.06% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 127 | $31,965,000 | $251,693 | $0 | 8.09% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 182 | $31,870,000 | $175,110 | $0 | 7.18% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 103 | $26,555,000 | $257,816 | $0 | 7.65% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 60 | $25,470,000 | $424,500 | $0 | 8.22% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 132 | $22,130,000 | $167,652 | $0 | 7.92% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 113 | $21,655,000 | $191,637 | $0 | 7.88% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 130 | $18,610,000 | $143,154 | $0 | 6.97% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 33 | $17,125,000 | $518,939 | $0 | 7.67% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 39 | $13,535,000 | $347,051 | $0 | 8.73% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 60 | $13,480,000 | $224,667 | $0 | 7.44% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 80 | $13,410,000 | $167,625 | $0 | 8.91% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 42 | $13,260,000 | $315,714 | $0 | 8.79% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 66 | $13,030,000 | $197,424 | $0 | 8.65% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 26 | $12,940,000 | $497,692 | $0 | 7.66% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 14 | $12,550,000 | $896,429 | $0 | 8.81% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 74 | $12,250,000 | $165,541 | $0 | 8.34% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 73 | $11,935,000 | $163,493 | $0 | 9.01% |
| BOISE CITY, ID (FHA|USDA|VA) | 43 | $10,405,000 | $241,977 | $0 | 8.56% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 22 | $10,030,000 | $455,909 | $0 | 7.59% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 58 | $9,930,000 | $171,207 | $0 | 7.91% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 42 | $9,860,000 | $234,762 | $0 | 8.38% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 37 | $9,755,000 | $263,649 | $0 | 8.57% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 10 | $8,450,000 | $845,000 | $0 | 8.20% |
| RENO, NV (FHA|USDA|VA) | 22 | $8,390,000 | $381,364 | $0 | 7.63% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 17 | $7,405,000 | $435,588 | $0 | 8.76% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 42 | $7,110,000 | $169,286 | $0 | 7.41% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 43 | $6,735,000 | $156,628 | $0 | 8.46% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 16 | $6,580,000 | $411,250 | $0 | 9.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 32 | $6,480,000 | $202,500 | $0 | 8.13% |
| FORT COLLINS, CO (FHA|USDA|VA) | 16 | $6,360,000 | $397,500 | $0 | 7.00% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 19 | $6,335,000 | $333,421 | $0 | 8.56% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 47 | $5,835,000 | $124,149 | $0 | 7.69% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 39 | $5,485,000 | $140,641 | $0 | 7.87% |
| PITTSBURGH, PA (FHA|USDA|VA) | 39 | $5,385,000 | $138,077 | $0 | 8.32% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 4 | $5,370,000 | $1,342,500 | $0 | 8.12% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 34 | $5,370,000 | $157,941 | $0 | 8.47% |
| RICHMOND, VA (FHA|USDA|VA) | 34 | $5,300,000 | $155,882 | $0 | 8.82% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 8 | $5,290,000 | $661,250 | $0 | 8.01% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 6 | $5,060,000 | $843,333 | $0 | 9.41% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 25 | $5,055,000 | $202,200 | $0 | 7.81% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 24 | $5,020,000 | $209,167 | $0 | 8.31% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 48 | $4,830,000 | $100,625 | $0 | 8.46% |
| COLUMBUS, OH (FHA|USDA|VA) | 24 | $4,470,000 | $186,250 | $0 | 8.53% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 37 | $4,345,000 | $117,432 | $0 | 7.49% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 22 | $4,020,000 | $182,727 | $0 | 8.61% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 22 | $3,940,000 | $179,091 | $0 | 7.83% |
| Key West, FL (FHA|USDA|VA) | 3 | $3,755,000 | $1,251,667 | $0 | 9.41% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 15 | $3,685,000 | $245,667 | $0 | 8.08% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 21 | $3,615,000 | $172,143 | $0 | 8.75% |
| Dublin, GA (FHA|USDA|VA) | 26 | $3,510,000 | $135,000 | $0 | 5.77% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 19 | $3,405,000 | $179,211 | $0 | 8.65% |
| COLUMBIA, SC (FHA|USDA|VA) | 25 | $3,325,000 | $133,000 | $0 | 8.54% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 23 | $3,265,000 | $141,957 | $0 | 9.35% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 17 | $3,135,000 | $184,412 | $0 | 6.10% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 25 | $3,135,000 | $125,400 | $0 | 7.30% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 23 | $2,975,000 | $129,348 | $0 | 7.66% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 10 | $2,960,000 | $296,000 | $0 | 7.97% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 19 | $2,915,000 | $153,421 | $0 | 9.47% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 11 | $2,855,000 | $259,545 | $0 | 9.85% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 10 | $2,760,000 | $276,000 | $0 | 8.12% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 15 | $2,705,000 | $180,333 | $0 | 9.81% |
| BOULDER, CO (FHA|USDA|VA) | 7 | $2,575,000 | $367,857 | $0 | 7.03% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 16 | $2,540,000 | $158,750 | $0 | 8.46% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 19 | $2,485,000 | $130,789 | $0 | 7.88% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 19 | $2,465,000 | $129,737 | $0 | 8.88% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 18 | $2,440,000 | $135,556 | $0 | 8.68% |
| BELLINGHAM, WA (FHA|USDA|VA) | 6 | $2,390,000 | $398,333 | $0 | 6.08% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $2,355,000 | $2,355,000 | $0 | 7.99% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 2 | $2,240,000 | $1,120,000 | $0 | 7.87% |
| LONGVIEW, WA (FHA|USDA|VA) | 12 | $2,220,000 | $185,000 | $0 | 7.13% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 11 | $2,165,000 | $196,818 | $0 | 7.88% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 12 | $2,150,000 | $179,167 | $0 | 8.59% |
| STOCKTON, CA (FHA|USDA|VA) | 10 | $2,070,000 | $207,000 | $0 | 8.54% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 9 | $2,065,000 | $229,444 | $0 | 8.62% |
| MONTGOMERY, AL (FHA|USDA|VA) | 16 | $2,020,000 | $126,250 | $0 | 8.82% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 15 | $1,995,000 | $133,000 | $0 | 8.24% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 9 | $1,975,000 | $219,444 | $0 | 8.83% |
| ASHEVILLE, NC (FHA|USDA|VA) | 7 | $1,895,000 | $270,714 | $0 | 8.94% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 2 | $1,880,000 | $940,000 | $0 | 8.38% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 12 | $1,870,000 | $155,833 | $0 | 8.37% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 3 | $1,865,000 | $621,667 | $0 | 9.24% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 16 | $1,840,000 | $115,000 | $0 | 8.33% |
| NAPA, CA (FHA|USDA|VA) | 2 | $1,830,000 | $915,000 | $0 | 8.49% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 2 | $1,830,000 | $915,000 | $0 | 9.62% |
| GREELEY, CO (FHA|USDA|VA) | 9 | $1,765,000 | $196,111 | $0 | 6.91% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 9 | $1,745,000 | $193,889 | $0 | 8.12% |
| FRESNO, CA (FHA|USDA|VA) | 9 | $1,675,000 | $186,111 | $0 | 8.74% |
| SANTA FE, NM (FHA|USDA|VA) | 6 | $1,600,000 | $266,667 | $0 | 9.91% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 6 | $1,600,000 | $266,667 | $0 | 9.60% |
| WILMINGTON, NC (FHA|USDA|VA) | 6 | $1,570,000 | $261,667 | $0 | 8.82% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 9 | $1,415,000 | $157,222 | $0 | 6.77% |
| JACKSON, MS (FHA|USDA|VA) | 5 | $1,365,000 | $273,000 | $0 | 8.87% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 8 | $1,320,000 | $165,000 | $0 | 8.06% |
| VALLEJO, CA (FHA|USDA|VA) | 4 | $1,300,000 | $325,000 | $0 | 8.40% |
| FLINT, MI (FHA|USDA|VA) | 5 | $1,285,000 | $257,000 | $0 | 7.47% |
| PANAMA CITY, FL (FHA|USDA|VA) | 5 | $1,275,000 | $255,000 | $0 | 8.52% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 10 | $1,260,000 | $126,000 | $0 | 7.55% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 10 | $1,240,000 | $124,000 | $0 | 8.41% |
| LAFAYETTE, LA (FHA|USDA|VA) | 10 | $1,200,000 | $120,000 | $0 | 9.09% |
| SALINAS, CA (FHA|USDA|VA) | 3 | $1,175,000 | $391,667 | $0 | 9.08% |
| SALEM, OR (FHA|USDA|VA) | 2 | $1,170,000 | $585,000 | $0 | 9.25% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 11 | $1,145,000 | $104,091 | $0 | 8.02% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 8 | $1,140,000 | $142,500 | $0 | 9.93% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 6 | $1,040,000 | $173,333 | $0 | 8.12% |
| Grants, NM (FHA|USDA|VA) | 12 | $1,040,000 | $86,667 | $0 | 9.28% |
| READING, PA (FHA|USDA|VA) | 10 | $1,030,000 | $103,000 | $0 | 8.61% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 7 | $1,015,000 | $145,000 | $0 | 10.19% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 7 | $895,000 | $127,857 | $0 | 8.17% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 7 | $885,000 | $126,429 | $0 | 7.85% |
| YUMA, AZ (FHA|USDA|VA) | 7 | $885,000 | $126,429 | $0 | 7.99% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 2 | $840,000 | $420,000 | $0 | 7.68% |
| SAVANNAH, GA (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $0 | 7.84% |
| Auburn, NY (FHA|USDA|VA) | 6 | $830,000 | $138,333 | $0 | 7.91% |
| Hilo, HI (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $0 | 9.19% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 8 | $820,000 | $102,500 | $0 | 9.18% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 9 | $805,000 | $89,444 | $0 | 8.76% |
| Kapaa, HI (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $0 | 7.99% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $0 | 9.96% |
| NEW BERN, NC (FHA|USDA|VA) | 6 | $750,000 | $125,000 | $0 | 9.80% |
| TULSA, OK (FHA|USDA|VA) | 5 | $745,000 | $149,000 | $0 | 7.82% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $0 | 8.62% |
| Astoria, OR (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $0 | 8.24% |
| BATON ROUGE, LA (FHA|USDA|VA) | 6 | $700,000 | $116,667 | $0 | 9.58% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $0 | 9.41% |
| PUEBLO, CO (FHA|USDA|VA) | 5 | $675,000 | $135,000 | $0 | 8.22% |
| TUCSON, AZ (FHA|USDA|VA) | 5 | $655,000 | $131,000 | $0 | 6.25% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 6 | $650,000 | $108,333 | $0 | 8.02% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 5 | $645,000 | $129,000 | $0 | 6.70% |
| KNOXVILLE, TN (FHA|USDA|VA) | 5 | $635,000 | $127,000 | $0 | 7.52% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $0 | 8.43% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 8 | $610,000 | $76,250 | $0 | 8.73% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 3 | $605,000 | $201,667 | $0 | 9.49% |
| CHARLESTON, WV (FHA|USDA|VA) | 4 | $600,000 | $150,000 | $0 | 6.56% |
| SPARTANBURG, SC (FHA|USDA|VA) | 5 | $595,000 | $119,000 | $0 | 9.34% |
| RACINE, WI (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $0 | 6.99% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 5 | $575,000 | $115,000 | $0 | 8.72% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $0 | 8.99% |
| FLORENCE, SC (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $0 | 8.16% |
| MADISON, WI (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $0 | 6.13% |
| Bozeman, MT (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $0 | 8.49% |
| Taos, NM (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $0 | 9.45% |
| ANN ARBOR, MI (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $0 | 9.66% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 9.74% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 8.49% |
| Defiance, OH (FHA|USDA|VA) | 4 | $460,000 | $115,000 | $0 | 9.99% |
| Stillwater, OK (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 8.50% |
| Torrington, CT (FHA|USDA|VA) | 5 | $445,000 | $89,000 | $0 | 8.34% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 9.99% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $0 | 8.33% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $0 | 7.08% |
| DOVER, DE (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $0 | 8.33% |
| LOUISVILLE, KY (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $0 | 7.15% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 9.99% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 4 | $370,000 | $92,500 | $0 | 10.37% |
| MONROE, MI (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 9.99% |
| Menomonie, WI (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $0 | 8.82% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $0 | 6.75% |
| POCATELLO, ID (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 9.18% |
| YUBA CITY, CA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 8.99% |
| Huntsville, TX (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 10.99% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 4 | $330,000 | $82,500 | $0 | 9.59% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 10.74% |
| KINGSTON, NY (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 10.87% |
| PEORIA, IL (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 7.19% |
| Corsicana, TX (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 11.12% |
| Shelton, WA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 8.49% |
| OCALA, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 7.49% |
| REDDING, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 7.99% |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $0 | 9.37% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 7.44% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 8.75% |
| WACO, TX (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 9.49% |
| Fernley, NV (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 6.99% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $0 | 8.49% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 9.99% |
| UTICA-ROME, NY (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 9.74% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 7.56% |
| GAINESVILLE, GA (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 9.37% |
| FARMINGTON, NM (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 7.25% |
| Cadillac, MI (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 9.38% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 7.13% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 7.99% |
| ROCHESTER, NY (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $0 | 8.00% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $0 | 10.49% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 11.99% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 9.99% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 9.99% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 12.25% |
| Whitewater, WI (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 8.74% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 9.49% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 6.63% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 6.99% |
| WALLA WALLA, WA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 5.75% |
| KOKOMO, IN (FHA|USDA|VA) | 4 | $220,000 | $55,000 | $0 | 8.49% |
| Holland, MI (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 7.00% |
| VISALIA, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 5.75% |
| TYLER, TX (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 6.06% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 9.99% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 5.88% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 8.93% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 8.99% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 9.74% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 10.24% |
| GREENVILLE, NC (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 9.50% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 9.37% |
| SYRACUSE, NY (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 6.44% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 9.49% |
| Forest City, NC (FHA|USDA|VA) | 3 | $185,000 | $61,667 | $0 | 9.99% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 6.19% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 9.38% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 9.49% |
| Athens, TN (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 8.50% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 9.49% |
| KANKAKEE, IL (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 9.12% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 6.50% |
| McMinnville, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 5.75% |
| Concord, NH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 10.38% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 11.00% |
| ABILENE, TX (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 9.24% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 8.99% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 7.25% |
| Ludington, MI (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 8.49% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 9.99% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 9.99% |
| Hudson, NY (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 9.99% |
| AKRON, OH (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 6.50% |
| Mount Airy, NC (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $0 | 7.99% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 9.49% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 8.38% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 5.88% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 6.00% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 6.63% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 5.50% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 5.13% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 7.50% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 8.38% |
| FORT WAYNE, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 6.99% |
| Klamath Falls, OR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 11.38% |
| Marion, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 8.74% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 6.99% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 5.88% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 8.99% |
| La Grande, OR (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 7.13% |
| Ontario, OR-ID (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 9.38% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 9.49% |
| Sterling, IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 6.99% |
| Red Bluff, CA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 9.99% |
| Laurinburg, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 9.99% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 8.49% |
| GREEN BAY, WI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.63% |
| Opelousas, LA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 9.99% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 10.24% |
| Vicksburg, MS (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 11.49% |
| JACKSON, MI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 10.49% |
| Newport, OR (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 10.75% |
| Durant, OK (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 10.99% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 8.88% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.50% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 9.99% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 7.63% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 6.00% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.49% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 11.25% |
| LEWISTON-AUBURN, ME (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.49% |
| Fitzgerald, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.49% |
| Cedartown, GA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 5.88% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 7.49% |
| Palatka, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.38% |
| LAREDO, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 9.99% |
| Frankfort, KY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 10.24% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 13.00% |
| PINE BLUFF, AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 10.49% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.24% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 9.99% |
| Austin, MN (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.49% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 5,209 | $1,235,555,000 | $237,196 | $0 | 8.15% |
For 2019, Finance Of America Commercial's most frequently originated type of loan was Conventional, with 5,209 originations.
Loan Reason
For 2019, Finance Of America Commercial's most frequently cited loan purpose was Home Purchase, with 2,956 originations. The 2nd most popular reason was Cash Out Refi, with 1,318 originations.
Loan Duration/Length
For 2019, Finance Of America Commercial's most frequently cited loan duration was 1 Year, with 3,926 originations. The 2nd most popular length was 30 Year, with 1,173 originations.
Interest Rates
During 2019, Finance Of America Commercial's average interest rate for loans was 6.22%, while their most frequently originated rate bucket for loans was Over 8%, with 2,624 originations.
Loan Sizing
2019 saw Finance Of America Commercial place emphasis on $100k-200k loans with 2,522 originations, totaling $361,290,000 in origination value.
Ethnicity Mix
Approval Rates
Total approvals of all applications94.44%
Finance Of America Commercial has an average approval rate.
Pick Rate
Approvals leading to origination76.20%
Finance Of America Commercial has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 5,209 | $1,235,555,000 | $237,196 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 110 | $124,840,000 | $1,134,909 |
| Single Family (1-4 Units):Site-Built | 5,099 | $1,110,715,000 | $217,830 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Finance of America Holdings LLC | Conventional home mortgage | Trouble during payment process | 1 | 20.0% |
| Finance of America Holdings LLC | Reverse mortgage | Struggling to pay mortgage | 1 | 20.0% |
| Finance of America Holdings LLC | Reverse mortgage | Trouble during payment process | 3 | 60.0% |