Finance Of America Commercial Mortgage Rates, Fees & Info
WILMINGTON, DELEI: 5493001IKIPQ6O5UGV92
Tax ID: 35-2486440
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Finance Of America Commercial is a small mortgage company specializing in Cash Out Refi and Home Purchase loans. Finance Of America Commercial has a high proportion of conventional loans. Their top markets by origination volume include: Chicago, New York, Philadelphia, Atlanta, and Miami among others. We have data for 322 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 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.
Originations
6,308Origination Dollar Volume (All Markets)
$1,501,700,000Top 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 |
|---|---|---|---|---|---|
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 727 | $135,605,000 | $186,527 | $0 | 6.49% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 276 | $120,200,000 | $435,507 | $0 | 5.90% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 461 | $87,915,000 | $190,705 | $0 | 5.77% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 254 | $63,760,000 | $251,024 | $0 | 5.57% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 125 | $45,205,000 | $361,640 | $0 | 5.64% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 256 | $45,060,000 | $176,016 | $0 | 5.01% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 113 | $40,915,000 | $362,080 | $0 | 5.69% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 114 | $32,050,000 | $281,140 | $0 | 5.40% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 139 | $31,655,000 | $227,734 | $0 | 5.15% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 144 | $29,930,000 | $207,847 | $0 | 5.35% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 104 | $29,350,000 | $282,212 | $0 | 6.14% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 80 | $25,000,000 | $312,500 | $0 | 5.58% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 35 | $24,415,000 | $697,571 | $0 | 5.62% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 139 | $23,575,000 | $169,604 | $0 | 5.40% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 63 | $22,795,000 | $361,825 | $0 | 4.82% |
| RICHMOND, VA (FHA|USDA|VA) | 120 | $19,330,000 | $161,083 | $0 | 5.33% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 38 | $16,980,000 | $446,842 | $0 | 6.10% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 64 | $16,360,000 | $255,625 | $0 | 6.32% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 103 | $16,185,000 | $157,136 | $0 | 5.74% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 73 | $15,585,000 | $213,493 | $0 | 5.90% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 32 | $15,500,000 | $484,375 | $0 | 5.59% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 30 | $14,780,000 | $492,667 | $0 | 6.34% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 35 | $14,765,000 | $421,857 | $0 | 4.77% |
| COLUMBUS, OH (FHA|USDA|VA) | 75 | $14,575,000 | $194,333 | $0 | 5.86% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 41 | $14,335,000 | $349,634 | $0 | 5.93% |
| LUBBOCK, TX (FHA|USDA|VA) | 64 | $14,150,000 | $221,094 | $0 | 3.96% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 106 | $13,860,000 | $130,755 | $0 | 5.04% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 52 | $13,760,000 | $264,615 | $0 | 6.23% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 30 | $13,480,000 | $449,333 | $0 | 5.52% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 97 | $13,255,000 | $136,649 | $0 | 5.85% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 52 | $12,320,000 | $236,923 | $0 | 5.94% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 35 | $11,885,000 | $339,571 | $0 | 6.12% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 70 | $10,910,000 | $155,857 | $0 | 5.25% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 35 | $10,875,000 | $310,714 | $0 | 4.41% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 14 | $9,890,000 | $706,429 | $0 | 4.62% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 29 | $9,585,000 | $330,517 | $0 | 4.94% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 63 | $9,365,000 | $148,651 | $0 | 6.68% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 23 | $9,255,000 | $402,391 | $0 | 5.91% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 32 | $8,900,000 | $278,125 | $0 | 5.30% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 14 | $8,700,000 | $621,429 | $0 | 5.56% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 43 | $8,455,000 | $196,628 | $0 | 5.18% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 54 | $8,350,000 | $154,630 | $0 | 6.44% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 12 | $8,240,000 | $686,667 | $0 | 4.94% |
| BATON ROUGE, LA (FHA|USDA|VA) | 13 | $7,695,000 | $591,923 | $0 | 6.74% |
| PITTSBURGH, PA (FHA|USDA|VA) | 46 | $7,350,000 | $159,783 | $0 | 5.57% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 46 | $6,920,000 | $150,435 | $0 | 5.49% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 47 | $6,845,000 | $145,638 | $0 | 6.03% |
| Outside of Metro Areas | 26 | $6,840,000 | $263,077 | $0 | 6.07% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 34 | $6,810,000 | $200,294 | $0 | 5.88% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 20 | $6,800,000 | $340,000 | $0 | 4.90% |
| FRESNO, CA (FHA|USDA|VA) | 23 | $6,465,000 | $281,087 | $0 | 4.22% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 35 | $6,305,000 | $180,143 | $0 | 5.48% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 6 | $6,260,000 | $1,043,333 | $0 | 6.41% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 26 | $6,250,000 | $240,385 | $0 | 7.52% |
| AKRON, OH (FHA|USDA|VA) | 41 | $5,825,000 | $142,073 | $0 | 5.58% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 33 | $5,715,000 | $173,182 | $0 | 6.82% |
| VISALIA, CA (FHA|USDA|VA) | 36 | $5,510,000 | $153,056 | $0 | 3.89% |
| DOVER, DE (FHA|USDA|VA) | 44 | $5,510,000 | $125,227 | $0 | 6.82% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 23 | $5,465,000 | $237,609 | $0 | 5.01% |
| BOISE CITY, ID (FHA|USDA|VA) | 17 | $5,455,000 | $320,882 | $0 | 5.51% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 7 | $4,965,000 | $709,286 | $0 | 4.78% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 10 | $4,800,000 | $480,000 | $0 | 6.01% |
| VALLEJO, CA (FHA|USDA|VA) | 4 | $4,650,000 | $1,162,500 | $0 | 5.62% |
| FORT COLLINS, CO (FHA|USDA|VA) | 11 | $4,595,000 | $417,727 | $0 | 6.76% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 22 | $4,560,000 | $207,273 | $0 | 6.10% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 17 | $4,555,000 | $267,941 | $0 | 5.20% |
| MONTGOMERY, AL (FHA|USDA|VA) | 16 | $4,550,000 | $284,375 | $0 | 6.14% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 15 | $4,515,000 | $301,000 | $0 | 6.15% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 14 | $4,460,000 | $318,571 | $0 | 5.38% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 14 | $4,250,000 | $303,571 | $0 | 6.98% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 20 | $4,240,000 | $212,000 | $0 | 5.47% |
| GREEN BAY, WI (FHA|USDA|VA) | 19 | $3,885,000 | $204,474 | $0 | 4.76% |
| TUCSON, AZ (FHA|USDA|VA) | 10 | $3,860,000 | $386,000 | $0 | 6.13% |
| COLUMBIA, SC (FHA|USDA|VA) | 21 | $3,715,000 | $176,905 | $0 | 5.74% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 25 | $3,655,000 | $146,200 | $0 | 5.58% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 18 | $3,630,000 | $201,667 | $0 | 6.28% |
| Mountain Home, ID (FHA|USDA|VA) | 1 | $3,585,000 | $3,585,000 | $0 | 4.40% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 21 | $3,505,000 | $166,905 | $0 | 5.20% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 10 | $3,350,000 | $335,000 | $0 | 4.51% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 15 | $3,325,000 | $221,667 | $0 | 6.25% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 18 | $3,320,000 | $184,444 | $0 | 5.49% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 10 | $3,310,000 | $331,000 | $0 | 7.14% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 16 | $3,160,000 | $197,500 | $0 | 4.34% |
| BEND, OR (FHA|USDA|VA) | 9 | $3,085,000 | $342,778 | $0 | 4.39% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 9 | $3,045,000 | $338,333 | $0 | 7.08% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 16 | $3,030,000 | $189,375 | $0 | 6.65% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 9 | $2,995,000 | $332,778 | $0 | 4.75% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 19 | $2,935,000 | $154,474 | $0 | 5.88% |
| APPLETON, WI (FHA|USDA|VA) | 21 | $2,895,000 | $137,857 | $0 | 4.26% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 25 | $2,815,000 | $112,600 | $0 | 6.01% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 15 | $2,785,000 | $185,667 | $0 | 4.25% |
| READING, PA (FHA|USDA|VA) | 12 | $2,700,000 | $225,000 | $0 | 6.55% |
| OSHKOSH-NEENAH, WI (FHA|USDA|VA) | 21 | $2,695,000 | $128,333 | $0 | 4.49% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 14 | $2,680,000 | $191,429 | $0 | 5.10% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 14 | $2,650,000 | $189,286 | $0 | 6.47% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 11 | $2,625,000 | $238,636 | $0 | 5.35% |
| MUNCIE, IN (FHA|USDA|VA) | 13 | $2,605,000 | $200,385 | $0 | 7.79% |
| RENO, NV (FHA|USDA|VA) | 9 | $2,575,000 | $286,111 | $0 | 4.57% |
| LONGVIEW, WA (FHA|USDA|VA) | 3 | $2,545,000 | $848,333 | $0 | 5.81% |
| STOCKTON, CA (FHA|USDA|VA) | 8 | $2,510,000 | $313,750 | $0 | 5.75% |
| ANCHORAGE, AK (FHA|USDA|VA) | 7 | $2,475,000 | $353,571 | $0 | 7.19% |
| WORCESTER, MA-CT (FHA|USDA|VA) | 8 | $2,300,000 | $287,500 | $0 | 6.50% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 16 | $2,280,000 | $142,500 | $0 | 4.60% |
| BELLINGHAM, WA (FHA|USDA|VA) | 6 | $2,270,000 | $378,333 | $0 | 7.49% |
| ASHEVILLE, NC (FHA|USDA|VA) | 9 | $2,265,000 | $251,667 | $0 | 7.76% |
| WILMINGTON, NC (FHA|USDA|VA) | 12 | $2,250,000 | $187,500 | $0 | 4.50% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 14 | $2,210,000 | $157,857 | $0 | 4.97% |
| SANTA FE, NM (FHA|USDA|VA) | 7 | $2,195,000 | $313,571 | $0 | 5.84% |
| GREELEY, CO (FHA|USDA|VA) | 9 | $2,195,000 | $243,889 | $0 | 5.62% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 1 | $2,125,000 | $2,125,000 | $0 | 4.25% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 3 | $2,055,000 | $685,000 | $0 | 5.08% |
| ST. JOSEPH, MO-KS (FHA|USDA|VA) | 21 | $2,015,000 | $95,952 | $0 | 5.45% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 8 | $2,010,000 | $251,250 | $0 | 6.06% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 4 | $2,000,000 | $500,000 | $0 | 6.99% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 2 | $1,930,000 | $965,000 | $0 | 6.25% |
| PANAMA CITY, FL (FHA|USDA|VA) | 7 | $1,845,000 | $263,571 | $0 | 6.52% |
| SAVANNAH, GA (FHA|USDA|VA) | 7 | $1,805,000 | $257,857 | $0 | 5.37% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $1,785,000 | $1,785,000 | $0 | 4.00% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 4 | $1,750,000 | $437,500 | $0 | 6.87% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 2 | $1,650,000 | $825,000 | $0 | 4.25% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 6 | $1,580,000 | $263,333 | $0 | 5.02% |
| OCALA, FL (FHA|USDA|VA) | 10 | $1,530,000 | $153,000 | $0 | 5.05% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 11 | $1,515,000 | $137,727 | $0 | 5.59% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 7 | $1,485,000 | $212,143 | $0 | 5.82% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 14 | $1,460,000 | $104,286 | $0 | 6.25% |
| Torrington, CT (FHA|USDA|VA) | 10 | $1,460,000 | $146,000 | $0 | 5.45% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 9 | $1,445,000 | $160,556 | $0 | 6.57% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 5 | $1,445,000 | $289,000 | $0 | 8.44% |
| LONGVIEW, TX (FHA|USDA|VA) | 3 | $1,435,000 | $478,333 | $0 | 7.21% |
| BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) | 13 | $1,425,000 | $109,615 | $0 | 5.53% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 3 | $1,415,000 | $471,667 | $0 | 6.66% |
| BOULDER, CO (FHA|USDA|VA) | 4 | $1,390,000 | $347,500 | $0 | 6.84% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 9 | $1,385,000 | $153,889 | $0 | 5.41% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 5 | $1,375,000 | $275,000 | $0 | 5.10% |
| NILES, MI (FHA|USDA|VA) | 4 | $1,350,000 | $337,500 | $0 | 8.87% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 7 | $1,335,000 | $190,714 | $0 | 7.13% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 4 | $1,330,000 | $332,500 | $0 | 4.81% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 8 | $1,290,000 | $161,250 | $0 | 6.20% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 5 | $1,275,000 | $255,000 | $0 | 4.30% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 4 | $1,240,000 | $310,000 | $0 | 4.44% |
| SPARTANBURG, SC (FHA|USDA|VA) | 8 | $1,230,000 | $153,750 | $0 | 6.06% |
| REDDING, CA (FHA|USDA|VA) | 2 | $1,220,000 | $610,000 | $0 | 4.38% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 13 | $1,175,000 | $90,385 | $0 | 7.20% |
| Elizabeth City, NC (FHA|USDA|VA) | 8 | $1,120,000 | $140,000 | $0 | 3.95% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 8 | $1,100,000 | $137,500 | $0 | 5.62% |
| Dublin, GA (FHA|USDA|VA) | 6 | $1,100,000 | $183,333 | $0 | 5.69% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 9 | $1,095,000 | $121,667 | $0 | 6.64% |
| TULSA, OK (FHA|USDA|VA) | 6 | $1,080,000 | $180,000 | $0 | 6.52% |
| CHEYENNE, WY (FHA|USDA|VA) | 6 | $1,080,000 | $180,000 | $0 | 4.67% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 3 | $1,075,000 | $358,333 | $0 | 7.29% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 10 | $1,010,000 | $101,000 | $0 | 6.99% |
| MIDLAND, TX (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $0 | 4.50% |
| Taos, NM (FHA|USDA|VA) | 5 | $985,000 | $197,000 | $0 | 8.99% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 1 | $945,000 | $945,000 | $0 | 4.38% |
| Whitewater, WI (FHA|USDA|VA) | 7 | $915,000 | $130,714 | $0 | 6.53% |
| Fredericksburg, TX (FHA|USDA|VA) | 1 | $895,000 | $895,000 | $0 | 8.50% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 6 | $850,000 | $141,667 | $0 | 4.48% |
| ROCHESTER, NY (FHA|USDA|VA) | 8 | $840,000 | $105,000 | $0 | 8.18% |
| KINGSTON, NY (FHA|USDA|VA) | 4 | $830,000 | $207,500 | $0 | 7.43% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 16 | $830,000 | $51,875 | $0 | 7.98% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 6 | $820,000 | $136,667 | $0 | 8.20% |
| TOLEDO, OH (FHA|USDA|VA) | 6 | $820,000 | $136,667 | $0 | 6.27% |
| Grants, NM (FHA|USDA|VA) | 3 | $815,000 | $271,667 | $0 | 7.13% |
| JONESBORO, AR (FHA|USDA|VA) | 4 | $780,000 | $195,000 | $0 | 4.56% |
| LOUISVILLE, KY (FHA|USDA|VA) | 6 | $770,000 | $128,333 | $0 | 8.02% |
| Ashtabula, OH (FHA|USDA|VA) | 2 | $770,000 | $385,000 | $0 | 6.75% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $0 | 4.75% |
| Port Angeles, WA (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $0 | 9.25% |
| RACINE, WI (FHA|USDA|VA) | 7 | $755,000 | $107,857 | $0 | 6.25% |
| TYLER, TX (FHA|USDA|VA) | 4 | $750,000 | $187,500 | $0 | 8.56% |
| FORT WAYNE, IN (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $0 | 7.79% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 7 | $745,000 | $106,429 | $0 | 5.75% |
| Vidalia, GA (FHA|USDA|VA) | 1 | $725,000 | $725,000 | $0 | 4.00% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $0 | 7.74% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 5 | $715,000 | $143,000 | $0 | 5.22% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 7 | $715,000 | $102,143 | $0 | 6.67% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $0 | 4.13% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 6 | $710,000 | $118,333 | $0 | 6.60% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $0 | 4.34% |
| TUSCALOOSA, AL (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $0 | 4.72% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $0 | 4.75% |
| KNOXVILLE, TN (FHA|USDA|VA) | 5 | $685,000 | $137,000 | $0 | 5.65% |
| SYRACUSE, NY (FHA|USDA|VA) | 6 | $680,000 | $113,333 | $0 | 4.56% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 5 | $675,000 | $135,000 | $0 | 8.65% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $0 | 5.79% |
| LANCASTER, PA (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $0 | 5.63% |
| Huntsville, TX (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $0 | 6.99% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $0 | 7.87% |
| YUBA CITY, CA (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $0 | 4.13% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $0 | 7.87% |
| ANN ARBOR, MI (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $0 | 9.58% |
| STAUNTON, VA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $0 | 8.49% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $0 | 5.28% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $0 | 7.06% |
| LAFAYETTE, LA (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $0 | 4.16% |
| MUSKEGON, MI (FHA|USDA|VA) | 6 | $500,000 | $83,333 | $0 | 4.50% |
| CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) | 4 | $500,000 | $125,000 | $0 | 4.22% |
| Talladega-Sylacauga, AL (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $0 | 5.44% |
| Albemarle, NC (FHA|USDA|VA) | 5 | $485,000 | $97,000 | $0 | 7.47% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $0 | 4.63% |
| Ukiah, CA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 5.25% |
| POCATELLO, ID (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 5.06% |
| Holland, MI (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $0 | 6.50% |
| Brevard, NC (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $0 | 4.75% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 3 | $445,000 | $148,333 | $0 | 4.54% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $0 | 4.00% |
| ROME, GA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $0 | 4.56% |
| Astoria, OR (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 7.49% |
| MODESTO, CA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $0 | 3.69% |
| Vineyard Haven, MA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 4.00% |
| Branson, MO (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 4.69% |
| GAINESVILLE, GA (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $0 | 4.38% |
| MOBILE, AL (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $0 | 7.66% |
| Centralia, WA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 4.75% |
| Rockport, TX (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $0 | 4.50% |
| ST. GEORGE, UT (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $0 | 8.00% |
| Cookeville, TN (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $0 | 5.50% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $0 | 4.75% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $0 | 5.04% |
| ABILENE, TX (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $0 | 4.83% |
| SAGINAW, MI (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 5.50% |
| GAINESVILLE, FL (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $0 | 4.69% |
| ROANOKE, VA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $0 | 4.38% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $0 | 4.46% |
| ROCKFORD, IL (FHA|USDA|VA) | 4 | $330,000 | $82,500 | $0 | 4.91% |
| Clarksdale, MS (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 7.99% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 8.24% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 4 | $310,000 | $77,500 | $0 | 6.15% |
| WALLA WALLA, WA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 4.63% |
| GREENVILLE, NC (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $0 | 4.21% |
| FLINT, MI (FHA|USDA|VA) | 3 | $305,000 | $101,667 | $0 | 7.91% |
| Huntington, IN (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 8.49% |
| PUEBLO, CO (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $0 | 3.94% |
| Laconia, NH (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 8.49% |
| Palatka, FL (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 5.56% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $0 | 3.81% |
| Key West, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 9.99% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 4.13% |
| KANKAKEE, IL (FHA|USDA|VA) | 3 | $265,000 | $88,333 | $0 | 9.16% |
| LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 6.50% |
| YUMA, AZ (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 6.00% |
| SALEM, OR (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $0 | 4.00% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $0 | 8.74% |
| Morehead City, NC (FHA|USDA|VA) | 3 | $245,000 | $81,667 | $0 | 6.41% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 3 | $245,000 | $81,667 | $0 | 7.75% |
| Ketchikan, AK (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $0 | 4.00% |
| BINGHAMTON, NY (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $0 | 5.25% |
| Sanford, NC (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 4.75% |
| Lebanon, NH-VT (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 4.88% |
| CHARLESTON, WV (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 9.99% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 5.13% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 3.50% |
| FLORENCE, SC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $0 | 4.75% |
| WICHITA, KS (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 5.62% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 8.50% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 4.25% |
| Montrose, CO (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 4.25% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 4.50% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $0 | 6.87% |
| DECATUR, AL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 8.49% |
| Prineville, OR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 4.50% |
| Warrensburg, MO (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 3.50% |
| JACKSON, MS (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 4.38% |
| Manitowoc, WI (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $0 | 5.87% |
| LAS CRUCES, NM (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 4.00% |
| Uvalde, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 9.74% |
| BAY CITY, MI (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 4.25% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $0 | 4.25% |
| MANKATO, MN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 4.25% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 8.49% |
| Enterprise, AL (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 8.24% |
| Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 4.44% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $0 | 8.74% |
| Ellensburg, WA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 3.50% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 9.74% |
| Fort Morgan, CO (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $0 | 11.24% |
| Ozark, AL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $0 | 9.87% |
| ERIE, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.75% |
| Danville, KY (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 8.99% |
| Greenville, MS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.63% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.38% |
| CUMBERLAND, MD-WV (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 7.18% |
| FARGO, ND-MN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 5.00% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.25% |
| Forest City, NC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 5.50% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 5.75% |
| Keene, NH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 9.25% |
| Ottawa, IL (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 9.62% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 4.00% |
| Gloversville, NY (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $0 | 7.87% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 6.63% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 10.24% |
| Thomasville, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 4.25% |
| Beatrice, NE (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 9.75% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 4.75% |
| Wilson, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 5.50% |
| KOKOMO, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 4.50% |
| MIDLAND, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 8.99% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 5.88% |
| Shawnee, OK (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 4.50% |
| BLOOMINGTON, IL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 8.49% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 9.99% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 7.99% |
| Amsterdam, NY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 9.49% |
| Crossville, TN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.88% |
| Shelby, NC (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 8.49% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 9.00% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 4.38% |
| Emporia, KS (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 10.50% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 10.25% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 9.25% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 5.63% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.75% |
| Marion, NC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.63% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 5.63% |
| JOPLIN, MO (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.88% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.00% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 8.74% |
| Shawano, WI (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 5.00% |
| Clewiston, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.50% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 4.25% |
| Bellefontaine, OH (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 9.25% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 6,308 | $1,501,700,000 | $238,063 | $0 | 5.76% |
For 2021, Finance Of America Commercial's most frequently originated type of loan was Conventional, with 6,308 originations.
Loan Reason
For 2021, Finance Of America Commercial's most frequently cited loan purpose was Cash Out Refi, with 3,060 originations. The 2nd most popular reason was Home Purchase, with 2,349 originations.
Loan Duration/Length
For 2021, Finance Of America Commercial's most frequently cited loan duration was 30 Year, with 4,274 originations. The 2nd most popular length was Other, with 1,564 originations.
Interest Rates
During 2021, Finance Of America Commercial's average interest rate for loans was 4.49%, while their most frequently originated rate bucket for loans was 4-5%, with 2,238 originations.
Loan Sizing
2021 saw Finance Of America Commercial place emphasis on $100k-200k loans with 2,953 originations, totaling $419,995,000 in origination value.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.85%
Finance Of America Commercial has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination58.12%
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 | 6,308 | $1,501,700,000 | $238,063 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6,308 | $1,501,700,000 | $238,063 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Finance of America Holdings LLC | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 5.4% |
| Finance of America Holdings LLC | Conventional home mortgage | Closing on a mortgage | 2 | 5.4% |
| Finance of America Holdings LLC | Conventional home mortgage | Problem with a credit reporting company's investigation into an existing problem | 1 | 2.7% |
| Finance of America Holdings LLC | Conventional home mortgage | Trouble during payment process | 4 | 10.8% |
| Finance of America Holdings LLC | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 2.7% |
| Finance of America Holdings LLC | Other type of mortgage | Trouble during payment process | 1 | 2.7% |
| Finance of America Holdings LLC | Reverse mortgage | Applying for a mortgage or refinancing an existing mortgage | 8 | 21.6% |
| Finance of America Holdings LLC | Reverse mortgage | Closing on a mortgage | 5 | 13.5% |
| Finance of America Holdings LLC | Reverse mortgage | Struggling to pay mortgage | 4 | 10.8% |
| Finance of America Holdings LLC | Reverse mortgage | Trouble during payment process | 9 | 24.3% |