Finance Of America Commercial Mortgage Rates, Fees & Info
WILMINGTON, DELEI: 5493001IKIPQ6O5UGV92
Tax ID: 35-2486440
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Mortgage Data
Review & Overview
Finance Of America Commercial is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Finance Of America Commercial has a high proportion of conventional loans. Their top markets by origination volume include: New York, Chicago, Philadelphia, Atlanta, and New Haven among others. We have data for 234 markets. (Some data included below & more in-depth data is available with an active subscription.)Finance Of America Commercial has an 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
3,051Origination Dollar Volume (All Markets)
$695,675,000Top 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) | 210 | $75,700,000 | $360,476 | $0 | 7.86% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 354 | $60,400,000 | $170,621 | $0 | 7.61% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 222 | $39,680,000 | $178,739 | $0 | 7.88% |
| Outside of Metro Areas | 37 | $31,965,000 | $863,919 | $0 | 6.91% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 117 | $21,815,000 | $186,453 | $0 | 8.14% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 99 | $20,475,000 | $206,818 | $0 | 6.43% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 51 | $17,955,000 | $352,059 | $0 | 7.78% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 98 | $16,790,000 | $171,327 | $0 | 6.88% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 69 | $16,485,000 | $238,913 | $0 | 7.35% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 66 | $13,430,000 | $203,485 | $0 | 7.09% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 41 | $13,175,000 | $321,341 | $0 | 7.99% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 53 | $13,135,000 | $247,830 | $0 | 8.46% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 8 | $12,430,000 | $1,553,750 | $0 | 7.68% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 61 | $11,865,000 | $194,508 | $0 | 7.59% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 38 | $11,560,000 | $304,211 | $0 | 8.29% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 11 | $10,195,000 | $926,818 | $0 | 7.52% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 22 | $9,800,000 | $445,455 | $0 | 7.17% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 50 | $9,450,000 | $189,000 | $0 | 6.81% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 43 | $9,355,000 | $217,558 | $0 | 8.74% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 49 | $9,075,000 | $185,204 | $0 | 7.87% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 57 | $9,015,000 | $158,158 | $0 | 6.94% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 44 | $8,730,000 | $198,409 | $0 | 7.09% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 60 | $8,550,000 | $142,500 | $0 | 8.47% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 46 | $7,660,000 | $166,522 | $0 | 7.56% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 28 | $7,580,000 | $270,714 | $0 | 7.03% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 17 | $7,275,000 | $427,941 | $0 | 7.08% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 19 | $6,945,000 | $365,526 | $0 | 8.12% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 26 | $6,360,000 | $244,615 | $0 | 7.37% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 16 | $6,270,000 | $391,875 | $0 | 7.48% |
| RENO, NV (FHA|USDA|VA) | 20 | $5,880,000 | $294,000 | $0 | 7.57% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 20 | $5,570,000 | $278,500 | $0 | 7.25% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 19 | $5,545,000 | $291,842 | $0 | 6.94% |
| VISALIA, CA (FHA|USDA|VA) | 36 | $4,680,000 | $130,000 | $0 | 5.06% |
| RICHMOND, VA (FHA|USDA|VA) | 29 | $4,665,000 | $160,862 | $0 | 7.56% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 15 | $4,425,000 | $295,000 | $0 | 7.06% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 28 | $4,110,000 | $146,786 | $0 | 6.61% |
| COLUMBUS, OH (FHA|USDA|VA) | 19 | $4,095,000 | $215,526 | $0 | 8.31% |
| BOISE CITY, ID (FHA|USDA|VA) | 12 | $3,940,000 | $328,333 | $0 | 8.24% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 31 | $3,855,000 | $124,355 | $0 | 8.09% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 4 | $3,630,000 | $907,500 | $0 | 7.59% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 23 | $3,625,000 | $157,609 | $0 | 7.80% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 21 | $3,615,000 | $172,143 | $0 | 8.47% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 12 | $3,530,000 | $294,167 | $0 | 8.86% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 18 | $3,450,000 | $191,667 | $0 | 7.60% |
| Sevierville, TN (FHA|USDA|VA) | 7 | $3,245,000 | $463,571 | $0 | 7.62% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 28 | $3,160,000 | $112,857 | $0 | 7.46% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 14 | $3,110,000 | $222,143 | $0 | 6.87% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 11 | $3,075,000 | $279,545 | $0 | 8.96% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 23 | $2,875,000 | $125,000 | $0 | 7.48% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 12 | $2,850,000 | $237,500 | $0 | 8.43% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 22 | $2,840,000 | $129,091 | $0 | 6.49% |
| FORT COLLINS, CO (FHA|USDA|VA) | 7 | $2,675,000 | $382,143 | $0 | 8.28% |
| SAVANNAH, GA (FHA|USDA|VA) | 12 | $2,380,000 | $198,333 | $0 | 8.12% |
| ASHEVILLE, NC (FHA|USDA|VA) | 8 | $2,350,000 | $293,750 | $0 | 9.05% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 7 | $2,345,000 | $335,000 | $0 | 6.77% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 10 | $2,260,000 | $226,000 | $0 | 7.63% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 12 | $2,210,000 | $184,167 | $0 | 7.40% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 2 | $2,190,000 | $1,095,000 | $0 | 7.63% |
| FRESNO, CA (FHA|USDA|VA) | 9 | $2,165,000 | $240,556 | $0 | 5.90% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 11 | $2,135,000 | $194,091 | $0 | 9.11% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 7 | $2,115,000 | $302,143 | $0 | 7.71% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 18 | $2,020,000 | $112,222 | $0 | 8.38% |
| Dublin, GA (FHA|USDA|VA) | 10 | $1,920,000 | $192,000 | $0 | 7.85% |
| PITTSBURGH, PA (FHA|USDA|VA) | 14 | $1,910,000 | $136,429 | $0 | 7.76% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4 | $1,880,000 | $470,000 | $0 | 7.28% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 11 | $1,865,000 | $169,545 | $0 | 9.11% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 8 | $1,850,000 | $231,250 | $0 | 9.31% |
| GREELEY, CO (FHA|USDA|VA) | 7 | $1,775,000 | $253,571 | $0 | 7.68% |
| BATON ROUGE, LA (FHA|USDA|VA) | 5 | $1,685,000 | $337,000 | $0 | 7.08% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 8 | $1,670,000 | $208,750 | $0 | 7.53% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 7 | $1,525,000 | $217,857 | $0 | 6.52% |
| BOULDER, CO (FHA|USDA|VA) | 4 | $1,470,000 | $367,500 | $0 | 8.15% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 4 | $1,470,000 | $367,500 | $0 | 9.06% |
| OCALA, FL (FHA|USDA|VA) | 1 | $1,455,000 | $1,455,000 | $0 | 5.51% |
| SANTA FE, NM (FHA|USDA|VA) | 4 | $1,390,000 | $347,500 | $0 | 7.00% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 5 | $1,375,000 | $275,000 | $0 | 8.93% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 6 | $1,350,000 | $225,000 | $0 | 6.00% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 5 | $1,345,000 | $269,000 | $0 | 9.68% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 7 | $1,345,000 | $192,143 | $0 | 8.28% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 8 | $1,320,000 | $165,000 | $0 | 6.66% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $1,290,000 | $645,000 | $0 | 7.69% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 14 | $1,280,000 | $91,429 | $0 | 8.31% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 13 | $1,165,000 | $89,615 | $0 | 8.28% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $0 | 6.97% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 2 | $1,090,000 | $545,000 | $0 | 7.63% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 8 | $1,080,000 | $135,000 | $0 | 7.94% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 6 | $1,050,000 | $175,000 | $0 | 8.87% |
| FLINT, MI (FHA|USDA|VA) | 8 | $1,040,000 | $130,000 | $0 | 6.97% |
| DOVER, DE (FHA|USDA|VA) | 11 | $1,025,000 | $93,182 | $0 | 8.68% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 7 | $1,015,000 | $145,000 | $0 | 8.19% |
| Astoria, OR (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $0 | 8.62% |
| MORRISTOWN, TN (FHA|USDA|VA) | 5 | $955,000 | $191,000 | $0 | 5.80% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 3 | $925,000 | $308,333 | $0 | 7.50% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 7 | $905,000 | $129,286 | $0 | 6.91% |
| READING, PA (FHA|USDA|VA) | 4 | $900,000 | $225,000 | $0 | 9.13% |
| LONGVIEW, WA (FHA|USDA|VA) | 5 | $895,000 | $179,000 | $0 | 8.12% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 5 | $885,000 | $177,000 | $0 | 8.74% |
| MODESTO, CA (FHA|USDA|VA) | 4 | $870,000 | $217,500 | $0 | 6.25% |
| SPARTANBURG, SC (FHA|USDA|VA) | 6 | $850,000 | $141,667 | $0 | 8.91% |
| GREENVILLE, NC (FHA|USDA|VA) | 4 | $840,000 | $210,000 | $0 | 7.12% |
| KNOXVILLE, TN (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $0 | 7.11% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 5 | $815,000 | $163,000 | $0 | 5.50% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $0 | 9.25% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $0 | 10.16% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 8 | $780,000 | $97,500 | $0 | 10.21% |
| Whitewater, WI (FHA|USDA|VA) | 5 | $775,000 | $155,000 | $0 | 9.10% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 4 | $760,000 | $190,000 | $0 | 5.59% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 6 | $750,000 | $125,000 | $0 | 8.10% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 5 | $745,000 | $149,000 | $0 | 7.90% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 8.00% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 6 | $710,000 | $118,333 | $0 | 6.33% |
| LAFAYETTE, LA (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $0 | 9.18% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $0 | 7.63% |
| RACINE, WI (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $0 | 6.99% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $0 | 8.00% |
| ANCHORAGE, AK (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $0 | 8.81% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $0 | 7.62% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $0 | 5.63% |
| Grants, NM (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $0 | 6.19% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 5 | $575,000 | $115,000 | $0 | 7.45% |
| ANN ARBOR, MI (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $0 | 7.94% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 5 | $555,000 | $111,000 | $0 | 7.17% |
| KANKAKEE, IL (FHA|USDA|VA) | 5 | $545,000 | $109,000 | $0 | 9.12% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $0 | 9.12% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $0 | 6.56% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $0 | 8.63% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 3 | $505,000 | $168,333 | $0 | 6.96% |
| JACKSON, MS (FHA|USDA|VA) | 5 | $505,000 | $101,000 | $0 | 9.15% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $0 | 11.25% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $0 | 9.13% |
| PUEBLO, CO (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $0 | 8.00% |
| Beaver Dam, WI (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $0 | 6.56% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 6 | $470,000 | $78,333 | $0 | 8.12% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $0 | 6.42% |
| MIDLAND, MI (FHA|USDA|VA) | 5 | $445,000 | $89,000 | $0 | 10.35% |
| Fallon, NV (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $0 | 5.88% |
| PANAMA CITY, FL (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $0 | 9.71% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 4 | $420,000 | $105,000 | $0 | 5.31% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 7.63% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 4 | $400,000 | $100,000 | $0 | 9.69% |
| YUMA, AZ (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $0 | 7.29% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $0 | 5.92% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $0 | 8.63% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 5.50% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $0 | 9.24% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $0 | 8.75% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 9.75% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 7.37% |
| TULSA, OK (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 7.32% |
| LOUISVILLE, KY (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $0 | 7.33% |
| Aberdeen, WA (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $0 | 7.04% |
| BURLINGTON, NC (FHA|USDA|VA) | 6 | $330,000 | $55,000 | $0 | 9.63% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 8.94% |
| GAINESVILLE, FL (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $0 | 5.94% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 4 | $310,000 | $77,500 | $0 | 8.02% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 8.88% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 8.75% |
| Prineville, OR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 5.63% |
| Hilo, HI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 10.63% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 5.88% |
| Torrington, CT (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 7.19% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 10.38% |
| MONTGOMERY, AL (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $0 | 8.91% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 8.75% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $0 | 8.16% |
| Newberry, SC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 10.00% |
| BEND, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 7.99% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 9.88% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $0 | 9.50% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 9.38% |
| REDDING, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $0 | 8.75% |
| Hudson, NY (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 10.38% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 10.13% |
| MOBILE, AL (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 9.37% |
| WACO, TX (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $0 | 5.81% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 5.63% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 9.00% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 9.38% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 9.50% |
| CHICO, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 10.75% |
| ROCKFORD, IL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 7.31% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 4.88% |
| SALEM, OR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 5.88% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 3 | $205,000 | $68,333 | $0 | 7.83% |
| Ludington, MI (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 5.69% |
| SYRACUSE, NY (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 9.99% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 7.74% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 7.63% |
| Forest City, NC (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 8.74% |
| Morehead City, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 7.25% |
| STAUNTON, VA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 5.50% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 5.75% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 7.99% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 8.75% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 9.75% |
| MISSOULA, MT (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 5.63% |
| Menomonie, WI (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 7.31% |
| BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 5.50% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 11.43% |
| AKRON, OH (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 7.94% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 4.75% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 9.49% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 9.13% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 8.63% |
| Ottawa, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 9.00% |
| Ontario, OR-ID (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 10.74% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 12.99% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 9.25% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 7.50% |
| Emporia, KS (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 9.75% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 8.49% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 10.38% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 5.63% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 5.75% |
| Fernley, NV (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 5.75% |
| BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 9.38% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 5.88% |
| Enterprise, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 9.75% |
| DOTHAN, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 9.88% |
| BANGOR, ME (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 10.75% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.38% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.13% |
| Warsaw, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.38% |
| COLUMBIA, SC (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 6.13% |
| COLUMBIA, MO (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 5.38% |
| JACKSON, TN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 6.13% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 6.50% |
| Cadillac, MI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.25% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 6.50% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 10.75% |
| PINE BLUFF, AR (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 8.88% |
| KINGSTON, NY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 9.25% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 9.88% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 10.75% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 3,051 | $695,675,000 | $228,015 | $0 | 7.65% |
For 2020, Finance Of America Commercial's most frequently originated type of loan was Conventional, with 3,051 originations.
Loan Reason
For 2020, Finance Of America Commercial's most frequently cited loan purpose was Home Purchase, with 1,420 originations. The 2nd most popular reason was Cash Out Refi, with 1,290 originations.
Loan Duration/Length
For 2020, Finance Of America Commercial's most frequently cited loan duration was 1 Year, with 1,171 originations. The 2nd most popular length was 30 Year, with 1,162 originations.
Interest Rates
During 2020, Finance Of America Commercial's average interest rate for loans was 5.69%, while their most frequently originated rate bucket for loans was Over 8%, with 1,445 originations.
Loan Sizing
2020 saw Finance Of America Commercial place emphasis on $100k-200k loans with 1,419 originations, totaling $200,885,000 in origination value.
Ethnicity Mix
Approval Rates
Total approvals of all applications86.13%
Finance Of America Commercial has an average approval rate.
Pick Rate
Approvals leading to origination40.48%
Finance Of America Commercial 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 | 3,051 | $695,675,000 | $228,015 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 101 | $102,615,000 | $1,015,990 |
| Single Family (1-4 Units):Site-Built | 2,950 | $593,060,000 | $201,037 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Finance of America Holdings LLC | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 3 | 23.1% |
| Finance of America Holdings LLC | Conventional home mortgage | Closing on a mortgage | 1 | 7.7% |
| Finance of America Holdings LLC | Conventional home mortgage | Improper use of your report | 1 | 7.7% |
| Finance of America Holdings LLC | Other type of mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.7% |
| Finance of America Holdings LLC | Other type of mortgage | Struggling to pay mortgage | 1 | 7.7% |
| Finance of America Holdings LLC | Reverse mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 15.4% |
| Finance of America Holdings LLC | Reverse mortgage | Closing on a mortgage | 1 | 7.7% |
| Finance of America Holdings LLC | Reverse mortgage | Struggling to pay mortgage | 1 | 7.7% |
| Finance of America Holdings LLC | Reverse mortgage | Trouble during payment process | 1 | 7.7% |
| Finance of America Holdings LLC | VA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 7.7% |