Draper And Kramer Mortgage Corp. Rates, Fees & Info

WILMINGTON, DE

LEI: 5493001R92DY5DI1DI85

Tax ID: 36-3873650

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

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    • Review & Overview

    Draper And Kramer Mortgage Corp. is a mid-sized mortgage company specializing in Home Purchase and Refi loans. Draper And Kramer Mortgage Corp. has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Chicago, Boston, Washington, Los Angeles, and Philadelphia among others. We have data for 245 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Draper And Kramer Mortgage Corp. 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. Draper And Kramer Mortgage Corp. is typically a low 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    Home Equity Line of Credit (HELOC) 1.42% 4/22/24
    30 Year Conventional Purchase 6.56% 4/22/24
    30 Year Conventional Refi 6.44% 4/22/24
    30 Year Cash-out Refi 6.64% 4/22/24
    30 Year FHA Purchase 7.36% 4/22/24
    30 Year FHA Refi 7.29% 4/22/24
    30 Year VA Purchase 6.14% 4/22/24
    30 Year VA Refi 6.12% 4/22/24
    30 Year USDA Purchase 6.74% 4/22/24
    30 Year USDA Refi 6.89% 4/22/24
    15 Year Conventional Purchase 6.01% 4/22/24
    15 Year Conventional Refi 5.88% 4/22/24
    15 Year Cash-out Refi 5.88% 4/22/24
    15 Year FHA Refi 6.89% 4/22/24
    15 Year VA Purchase 6.22% 4/22/24
    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.

    Draper And Kramer Mortgage Corp. Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Draper And Kramer Mortgage Corp.. 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

    9,999

    Origination Dollar Volume (All Markets)

    $3,345,815,000
    Show all (19) awards

    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
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4,203 $1,290,535,000 $307,051 $3,888 3.98%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 1,264 $505,230,000 $399,707 $3,888 3.97%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 672 $278,730,000 $414,777 $6,731 4.02%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 239 $144,925,000 $606,381 $6,204 4.21%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 361 $108,305,000 $300,014 $5,130 4.14%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 274 $86,600,000 $316,058 $5,142 4.23%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 168 $62,390,000 $371,369 $4,040 3.96%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 178 $61,200,000 $343,820 $3,336 3.92%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 183 $61,015,000 $333,415 $6,821 4.11%
    BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 166 $48,360,000 $291,325 $3,340 4.08%
    WORCESTER, MA-CT (FHA|USDA|VA) 134 $47,370,000 $353,507 $3,136 3.83%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 82 $43,630,000 $532,073 $6,658 4.37%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 93 $43,375,000 $466,398 $5,038 4.24%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 58 $30,620,000 $527,931 $5,564 4.25%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 89 $29,835,000 $335,225 $5,176 3.88%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 52 $28,570,000 $549,423 $5,159 4.07%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 91 $25,365,000 $278,736 $3,255 3.94%
    OCEAN CITY, NJ (FHA|USDA|VA) 69 $20,425,000 $296,014 $4,781 4.26%
    ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 103 $19,245,000 $186,845 $4,422 3.93%
    Outside of Metro Areas 79 $17,995,000 $227,785 $3,298 3.97%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 52 $17,180,000 $330,385 $3,281 4.13%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 55 $15,905,000 $289,182 $4,655 4.15%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 36 $15,730,000 $436,944 $4,721 3.90%
    LOUISVILLE, KY (FHA|USDA|VA) 96 $15,630,000 $162,813 $4,127 4.54%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 43 $14,055,000 $326,860 $3,345 4.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 30 $13,990,000 $466,333 $4,727 4.50%
    DECATUR, IL (FHA|USDA|VA) 109 $13,315,000 $122,156 $3,683 4.05%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 27 $11,025,000 $408,333 $4,142 4.08%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 29 $10,305,000 $355,345 $4,591 4.18%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 30 $9,950,000 $331,667 $7,206 4.09%
    SAVANNAH, GA (FHA|USDA|VA) 49 $9,325,000 $190,306 $4,665 4.38%
    Whitewater, WI (FHA|USDA|VA) 23 $8,675,000 $377,174 $3,561 3.95%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 19 $8,475,000 $446,053 $2,791 3.91%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 14 $8,030,000 $573,571 $7,091 4.33%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 33 $7,365,000 $223,182 $4,384 4.03%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 25 $6,995,000 $279,800 $4,803 4.06%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 20 $6,360,000 $318,000 $3,115 4.00%
    RALEIGH-CARY, NC (FHA|USDA|VA) 21 $6,285,000 $299,286 $2,869 3.87%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 16 $6,150,000 $384,375 $4,897 3.86%
    ST. LOUIS, MO-IL (FHA|USDA|VA) 30 $5,620,000 $187,333 $3,390 4.44%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 15 $5,575,000 $371,667 $4,577 3.94%
    SALISBURY, MD-DE (FHA|USDA|VA) 21 $5,545,000 $264,048 $4,950 3.93%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 9 $5,045,000 $560,556 $3,046 3.79%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 20 $5,010,000 $250,500 $2,585 4.02%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 12 $4,870,000 $405,833 $3,366 4.14%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 7 $4,745,000 $677,857 $3,768 3.96%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 20 $4,670,000 $233,500 $4,629 4.26%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 10 $4,250,000 $425,000 $4,797 4.32%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 8 $3,990,000 $498,750 $3,599 3.97%
    NILES, MI (FHA|USDA|VA) 12 $3,930,000 $327,500 $3,211 4.09%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 11 $3,575,000 $325,000 $4,802 4.60%
    NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 12 $3,350,000 $279,167 $3,461 4.06%
    BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 5 $3,175,000 $635,000 $3,820 3.68%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 11 $3,045,000 $276,818 $3,950 4.01%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 12 $2,800,000 $233,333 $3,367 4.04%
    LAFAYETTE, LA (FHA|USDA|VA) 14 $2,720,000 $194,286 $4,145 4.01%
    TRENTON-PRINCETON, NJ (FHA|USDA|VA) 9 $2,505,000 $278,333 $4,954 4.32%
    RICHMOND, VA (FHA|USDA|VA) 7 $2,505,000 $357,857 $6,859 4.89%
    PUNTA GORDA, FL (FHA|USDA|VA) 11 $2,435,000 $221,364 $4,337 4.40%
    JACKSONVILLE, FL (FHA|USDA|VA) 7 $2,315,000 $330,714 $4,328 4.41%
    MADISON, WI (FHA|USDA|VA) 6 $2,270,000 $378,333 $2,909 4.25%
    KANKAKEE, IL (FHA|USDA|VA) 15 $2,215,000 $147,667 $4,459 3.61%
    CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 15 $2,085,000 $139,000 $3,160 4.25%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 8 $2,020,000 $252,500 $3,357 3.86%
    Barre, VT (FHA|USDA|VA) 7 $1,965,000 $280,714 $3,046 3.96%
    PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 7 $1,905,000 $272,143 $3,049 4.09%
    COLUMBUS, OH (FHA|USDA|VA) 3 $1,855,000 $618,333 $6,364 4.17%
    GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 7 $1,835,000 $262,143 $2,733 4.23%
    Ottawa, IL (FHA|USDA|VA) 9 $1,815,000 $201,667 $3,085 3.86%
    LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 7 $1,685,000 $240,714 $3,896 4.37%
    PITTSBURGH, PA (FHA|USDA|VA) 7 $1,625,000 $232,143 $5,924 4.32%
    GREELEY, CO (FHA|USDA|VA) 6 $1,620,000 $270,000 $4,227 4.37%
    FORT COLLINS, CO (FHA|USDA|VA) 4 $1,610,000 $402,500 $3,264 4.03%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 6 $1,610,000 $268,333 $4,012 3.88%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 3 $1,455,000 $485,000 $4,160 4.97%
    Laconia, NH (FHA|USDA|VA) 4 $1,410,000 $352,500 $3,439 4.44%
    ROCKFORD, IL (FHA|USDA|VA) 10 $1,360,000 $136,000 $4,107 4.40%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 4 $1,350,000 $337,500 $5,365 4.38%
    DuBois, PA (FHA|USDA|VA) 10 $1,310,000 $131,000 $4,383 4.58%
    RENO, NV (FHA|USDA|VA) 4 $1,270,000 $317,500 $3,375 4.41%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $1,135,000 $378,333 $5,170 4.04%
    Traverse City, MI (FHA|USDA|VA) 3 $1,135,000 $378,333 $2,892 4.29%
    KNOXVILLE, TN (FHA|USDA|VA) 3 $1,075,000 $358,333 $4,584 4.23%
    HUNTSVILLE, AL (FHA|USDA|VA) 2 $1,070,000 $535,000 $3,682 4.19%
    Breckenridge, CO (FHA|USDA|VA) 3 $1,035,000 $345,000 $4,329 4.33%
    SALINAS, CA (FHA|USDA|VA) 2 $1,020,000 $510,000 $6,131 3.81%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 4 $1,010,000 $252,500 $3,731 3.87%
    WILMINGTON, NC (FHA|USDA|VA) 3 $1,005,000 $335,000 $5,427 4.36%
    CINCINNATI, OH-KY-IN (FHA|USDA|VA) 5 $1,005,000 $201,000 $3,209 4.20%
    FRESNO, CA (FHA|USDA|VA) 2 $1,000,000 $500,000 $3,051 4.19%
    LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $975,000 $325,000 $3,553 5.21%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 2 $930,000 $465,000 $2,604 4.00%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 5 $925,000 $185,000 $2,722 3.88%
    Key West, FL (FHA|USDA|VA) 2 $910,000 $455,000 $4,458 4.25%
    RACINE, WI (FHA|USDA|VA) 4 $910,000 $227,500 $3,122 4.03%
    CHARLOTTESVILLE, VA (FHA|USDA|VA) 4 $910,000 $227,500 $3,049 3.81%
    BAKERSFIELD, CA (FHA|USDA|VA) 4 $900,000 $225,000 $6,407 4.78%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 5 $895,000 $179,000 $5,085 4.80%
    VALLEJO, CA (FHA|USDA|VA) 2 $880,000 $440,000 $5,966 3.75%
    BEND, OR (FHA|USDA|VA) 2 $880,000 $440,000 $3,241 4.00%
    Sevierville, TN (FHA|USDA|VA) 3 $875,000 $291,667 $2,331 4.13%
    Lebanon, NH-VT (FHA|USDA|VA) 4 $860,000 $215,000 $5,012 4.03%
    MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 4 $850,000 $212,500 $3,660 4.41%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $835,000 $278,333 $3,951 4.54%
    SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 2 $830,000 $415,000 $3,434 3.81%
    READING, PA (FHA|USDA|VA) 3 $825,000 $275,000 $6,628 4.37%
    SHEBOYGAN, WI (FHA|USDA|VA) 2 $810,000 $405,000 $3,134 3.75%
    SALEM, OR (FHA|USDA|VA) 3 $795,000 $265,000 $3,509 3.71%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $790,000 $395,000 $3,701 4.00%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $765,000 $255,000 $3,646 4.08%
    ALBUQUERQUE, NM (FHA|USDA|VA) 4 $760,000 $190,000 $2,554 4.47%
    JOHNSON CITY, TN (FHA|USDA|VA) 2 $760,000 $380,000 $3,819 4.18%
    BOISE CITY, ID (FHA|USDA|VA) 3 $755,000 $251,667 $3,724 4.75%
    Kalispell, MT (FHA|USDA|VA) 1 $745,000 $745,000 $5,131 3.63%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $745,000 $248,333 $3,960 4.00%
    TOLEDO, OH (FHA|USDA|VA) 3 $705,000 $235,000 $6,407 4.13%
    JANESVILLE-BELOIT, WI (FHA|USDA|VA) 4 $700,000 $175,000 $2,915 4.34%
    GAINESVILLE, FL (FHA|USDA|VA) 3 $675,000 $225,000 $3,675 4.38%
    BLOOMINGTON, IL (FHA|USDA|VA) 3 $665,000 $221,667 $2,200 3.78%
    SPRINGFIELD, MA (FHA|USDA|VA) 3 $655,000 $218,333 $7,111 5.29%
    DOVER, DE (FHA|USDA|VA) 3 $655,000 $218,333 $2,926 4.08%
    OSHKOSH-NEENAH, WI (FHA|USDA|VA) 2 $650,000 $325,000 $2,172 4.19%
    NEW BERN, NC (FHA|USDA|VA) 2 $640,000 $320,000 $4,505 3.87%
    LANCASTER, PA (FHA|USDA|VA) 3 $615,000 $205,000 $6,278 4.42%
    ALTOONA, PA (FHA|USDA|VA) 4 $610,000 $152,500 $6,716 4.47%
    SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 1 $605,000 $605,000 $5,345 6.55%
    HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 6 $600,000 $100,000 $3,494 4.46%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $575,000 $191,667 $3,562 4.38%
    ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 3 $565,000 $188,333 $4,283 4.38%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $555,000 $555,000 $12,951 4.13%
    Fernley, NV (FHA|USDA|VA) 2 $540,000 $270,000 $2,638 4.00%
    KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $535,000 $535,000 $2,966 4.00%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $530,000 $265,000 $6,485 3.88%
    Red Bluff, CA (FHA|USDA|VA) 2 $530,000 $265,000 $3,197 4.81%
    HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 2 $510,000 $255,000 $5,698 3.31%
    Bardstown, KY (FHA|USDA|VA) 4 $510,000 $127,500 $5,311 4.88%
    WACO, TX (FHA|USDA|VA) 2 $510,000 $255,000 $3,580 4.38%
    GETTYSBURG, PA (FHA|USDA|VA) 1 $485,000 $485,000 $3,898 3.00%
    ASHEVILLE, NC (FHA|USDA|VA) 1 $475,000 $475,000 $3,992 3.88%
    Los Alamos, NM (FHA|USDA|VA) 1 $465,000 $465,000 $3,951 3.49%
    ANN ARBOR, MI (FHA|USDA|VA) 2 $460,000 $230,000 $2,844 3.78%
    APPLETON, WI (FHA|USDA|VA) 2 $460,000 $230,000 $2,167 3.81%
    Stevens Point, WI (FHA|USDA|VA) 1 $455,000 $455,000 $1,179 5.00%
    Payson, AZ (FHA|USDA|VA) 1 $455,000 $455,000 $4,983 3.63%
    GRANTS PASS, OR (FHA|USDA|VA) 3 $455,000 $151,667 $3,157 4.67%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $455,000 $151,667 $3,258 4.13%
    BOULDER, CO (FHA|USDA|VA) 2 $450,000 $225,000 $3,739 4.43%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $435,000 $435,000 $9,563 3.88%
    SPRINGFIELD, MO (FHA|USDA|VA) 1 $425,000 $425,000 $2,460 3.99%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $425,000 $425,000 $11,475 4.00%
    LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 1 $405,000 $405,000 $2,869 3.00%
    Concord, NH (FHA|USDA|VA) 2 $400,000 $200,000 $3,032 4.06%
    PEORIA, IL (FHA|USDA|VA) 2 $400,000 $200,000 $3,153 3.94%
    Outside of Metro Areas 1 $395,000 $395,000 $3,549 3.88%
    Montrose, CO (FHA|USDA|VA) 1 $395,000 $395,000 $3,070 3.63%
    Taylorville, IL (FHA|USDA|VA) 5 $385,000 $77,000 $2,901 3.40%
    HATTIESBURG, MS (FHA|USDA|VA) 1 $385,000 $385,000 $3,812 3.88%
    CHICO, CA (FHA|USDA|VA) 2 $370,000 $185,000 $4,067 5.13%
    HINESVILLE, GA (FHA|USDA|VA) 3 $365,000 $121,667 $5,866 3.67%
    Holland, MI (FHA|USDA|VA) 2 $360,000 $180,000 $4,449 4.18%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $355,000 $355,000 $3,555 4.00%
    KANSAS CITY, MO-KS (FHA|USDA|VA) 3 $355,000 $118,333 $2,720 4.54%
    MODESTO, CA (FHA|USDA|VA) 1 $355,000 $355,000 $5,351 5.25%
    TALLAHASSEE, FL (FHA|USDA|VA) 1 $355,000 $355,000 $7,186 4.25%
    St. Marys, GA (FHA|USDA|VA) 1 $345,000 $345,000 $3,579 4.00%
    Granbury, TX (FHA|USDA|VA) 1 $345,000 $345,000 $10,630 3.88%
    Statesboro, GA (FHA|USDA|VA) 3 $335,000 $111,667 $3,944 4.54%
    Rochelle, IL (FHA|USDA|VA) 2 $330,000 $165,000 $2,985 4.00%
    OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $330,000 $165,000 $2,759 4.19%
    Sandpoint, ID (FHA|USDA|VA) 1 $305,000 $305,000 $4,271 3.63%
    Paris, TN (FHA|USDA|VA) 1 $305,000 $305,000 $3,492 4.13%
    Angola, IN (FHA|USDA|VA) 1 $305,000 $305,000 $2,788 3.99%
    Sturgis, MI (FHA|USDA|VA) 1 $295,000 $295,000 $2,754 3.25%
    Coos Bay, OR (FHA|USDA|VA) 1 $295,000 $295,000 $4,376 4.88%
    VALDOSTA, GA (FHA|USDA|VA) 2 $290,000 $145,000 $3,962 4.88%
    ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $285,000 $285,000 $2,126 3.50%
    Pontiac, IL (FHA|USDA|VA) 3 $275,000 $91,667 $5,633 3.29%
    Ukiah, CA (FHA|USDA|VA) 1 $275,000 $275,000 $5,355 5.00%
    KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $275,000 $275,000 $2,256 4.00%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 1 $265,000 $265,000 $3,116 3.88%
    Sterling, IL (FHA|USDA|VA) 1 $265,000 $265,000 $2,457 3.88%
    IDAHO FALLS, ID (FHA|USDA|VA) 1 $265,000 $265,000 $3,872 4.63%
    TERRE HAUTE, IN (FHA|USDA|VA) 2 $260,000 $130,000 $2,404 4.38%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $255,000 $255,000 $3,717 3.88%
    Bozeman, MT (FHA|USDA|VA) 1 $255,000 $255,000 $6,390 3.63%
    St. Marys, PA (FHA|USDA|VA) 2 $250,000 $125,000 $6,451 4.38%
    Keene, NH (FHA|USDA|VA) 2 $250,000 $125,000 $2,670 3.38%
    Newport, OR (FHA|USDA|VA) 1 $245,000 $245,000 $3,677 3.99%
    YUBA CITY, CA (FHA|USDA|VA) 1 $245,000 $245,000 $3,096 4.99%
    DULUTH, MN-WI (FHA|USDA|VA) 1 $235,000 $235,000 $10,828 4.88%
    VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 3 $235,000 $78,333 $5,498 3.02%
    GRAND JUNCTION, CO (FHA|USDA|VA) 1 $225,000 $225,000 $2,748 4.50%
    OKLAHOMA CITY, OK (FHA|USDA|VA) 1 $225,000 $225,000 $2,810 5.50%
    WICHITA, KS (FHA|USDA|VA) 1 $215,000 $215,000 $6,915 4.25%
    HOT SPRINGS, AR (FHA|USDA|VA) 1 $215,000 $215,000 $3,067 3.99%
    ENID, OK (FHA|USDA|VA) 1 $215,000 $215,000 $2,639 3.75%
    Shelbyville, TN (FHA|USDA|VA) 1 $205,000 $205,000 $6,491 3.99%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $205,000 $205,000 $4,464 3.88%
    Eureka-Arcata, CA (FHA|USDA|VA) 1 $205,000 $205,000 $3,149 4.50%
    Alexander City, AL (FHA|USDA|VA) 1 $205,000 $205,000 $3,296 4.75%
    JACKSONVILLE, NC (FHA|USDA|VA) 2 $200,000 $100,000 $3,620 4.25%
    SPRINGFIELD, IL (FHA|USDA|VA) 2 $200,000 $100,000 $3,888 4.16%
    AMES, IA (FHA|USDA|VA) 1 $195,000 $195,000 $2,899 6.00%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $195,000 $195,000 $3,131 4.38%
    STOCKTON, CA (FHA|USDA|VA) 1 $195,000 $195,000 $2,084 3.63%
    Rutland, VT (FHA|USDA|VA) 1 $195,000 $195,000 $3,255 3.88%
    WINCHESTER, VA-WV (FHA|USDA|VA) 1 $195,000 $195,000 $3,280 5.88%
    OCALA, FL (FHA|USDA|VA) 2 $190,000 $95,000 $3,039 4.75%
    PUEBLO, CO (FHA|USDA|VA) 1 $185,000 $185,000 $1,902 3.75%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $175,000 $175,000 $6,615 4.63%
    IOWA CITY, IA (FHA|USDA|VA) 1 $175,000 $175,000 $2,454 4.00%
    CLEVELAND, TN (FHA|USDA|VA) 1 $165,000 $165,000 $3,064 4.38%
    Opelousas, LA (FHA|USDA|VA) 1 $165,000 $165,000 $4,026 4.38%
    Albertville, AL (FHA|USDA|VA) 1 $145,000 $145,000 $4,547 3.50%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $145,000 $145,000 $3,062 4.38%
    TYLER, TX (FHA|USDA|VA) 1 $145,000 $145,000 $5,968 4.45%
    SUMTER, SC (FHA|USDA|VA) 1 $145,000 $145,000 $5,060 4.13%
    FLINT, MI (FHA|USDA|VA) 1 $135,000 $135,000 $3,148 4.25%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $135,000 $45,000 $2,333 4.25%
    CARSON CITY, NV (FHA|USDA|VA) 1 $135,000 $135,000 $2,724 5.25%
    BILLINGS, MT (FHA|USDA|VA) 1 $135,000 $135,000 $3,587 4.75%
    FAYETTEVILLE, NC (FHA|USDA|VA) 1 $135,000 $135,000 $2,969 4.00%
    Frankfort, KY (FHA|USDA|VA) 1 $125,000 $125,000 $5,258 3.50%
    TUCSON, AZ (FHA|USDA|VA) 1 $125,000 $125,000 $3,619 5.25%
    Hillsdale, MI (FHA|USDA|VA) 1 $125,000 $125,000 $2,761 4.88%
    EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $125,000 $125,000 $3,518 3.75%
    McMinnville, TN (FHA|USDA|VA) 2 $120,000 $60,000 $6,053 2.44%
    CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $115,000 $115,000 $2,811 3.99%
    KOKOMO, IN (FHA|USDA|VA) 1 $115,000 $115,000 $1,419 4.50%
    DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 1 $105,000 $105,000 $4,542 5.20%
    Freeport, IL (FHA|USDA|VA) 1 $105,000 $105,000 $2,948 4.63%
    Mountain Home, AR (FHA|USDA|VA) 1 $105,000 $105,000 $2,605 4.00%
    MUSKEGON, MI (FHA|USDA|VA) 1 $105,000 $105,000 $2,618 4.88%
    Charleston-Mattoon, IL (FHA|USDA|VA) 1 $95,000 $95,000 $3,050 5.75%
    YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 1 $95,000 $95,000 $2,780 3.99%
    VISALIA, CA (FHA|USDA|VA) 1 $95,000 $95,000 $3,286 4.25%
    BATTLE CREEK, MI (FHA|USDA|VA) 1 $95,000 $95,000 $4,612 4.25%
    Lumberton, NC (FHA|USDA|VA) 1 $95,000 $95,000 $2,716 4.88%
    EL PASO, TX (FHA|USDA|VA) 1 $85,000 $85,000 $1,570 3.88%
    Baraboo, WI (FHA|USDA|VA) 1 $85,000 $85,000 $2,649 3.75%
    JOHNSTOWN, PA (FHA|USDA|VA) 1 $85,000 $85,000 $4,904 4.88%
    MONROE, MI (FHA|USDA|VA) 1 $75,000 $75,000 $2,683 4.00%
    Centralia, IL (FHA|USDA|VA) 1 $75,000 $75,000 $1,442 6.00%
    New Castle, IN (FHA|USDA|VA) 1 $65,000 $65,000 $2,483 4.38%
    COLUMBUS, IN (FHA|USDA|VA) 1 $55,000 $55,000 $2,444 5.88%
    Draper And Kramer Mortgage Corp.'s top markets include Chicago, Boston, Washington, Los Angeles, and Philadelphia among others.

    Their top states include:
  • Illinois (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Maryland (FHA|USDA|VA)
  • New Jersey (FHA|USDA|VA)

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 8,623 $2,936,505,000 $340,543 $3,778 4.03%
    FHA 909 $236,815,000 $260,523 $8,333 4.23%
    VA 429 $166,215,000 $387,448 $6,679 3.85%
    USDA 38 $6,280,000 $165,263 $5,207 4.05%

    For 2019, Draper And Kramer Mortgage Corp.'s most frequently originated type of loan was Conventional, with 8,623 originations. Their 2nd most popular type was FHA, with 909 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 5,378 $1,670,410,000 $310,601 $5,427 4.13%
    Refi 3,281 $1,243,845,000 $379,105 $2,897 3.80%
    Home Improvement 1,340 $431,560,000 $322,060 $3,566 4.27%

    For 2019, Draper And Kramer Mortgage Corp.'s most frequently cited loan purpose was Home Purchase, with 5,378 originations. The 2nd most popular reason was Refi, with 3,281 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 8,622 $2,979,200,000 $345,535 $4,550 4.14%
    15 Year 921 $255,665,000 $277,595 $2,814 3.45%
    20 Year 217 $65,195,000 $300,438 $2,899 3.90%
    Other 93 $29,125,000 $313,172 $2,679 3.84%
    10 Year 82 $6,840,000 $83,415 $2,586 2.41%
    5 Year 48 $340,000 $7,083 $395 0.06%
    1 Year 8 $2,930,000 $366,250 $4,084 6.72%
    30+ year 6 $6,510,000 $1,085,000 $12,293 5.54%
    3 Year 2 $10,000 $5,000 $0 0.00%

    For 2019, Draper And Kramer Mortgage Corp.'s most frequently cited loan duration was 30 Year, with 8,622 originations. The 2nd most popular length was 15 Year, with 921 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 8,553 $2,867,825,000 $335,300
    $2k-3k 397 $125,735,000 $316,713
    $<1k 246 $72,870,000 $296,220
    $3k-4k 214 $68,620,000 $320,654
    $5k+ 163 $91,355,000 $560,460
    $4k-5k 93 $37,665,000 $405,000

    Draper And Kramer Mortgage Corp.'s average total fees were $4,550, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 8,553 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 5,584 $2,032,680,000 $364,019
    4-5% 3,497 $1,066,505,000 $304,977
    5-6% 541 $144,935,000 $267,902
    2.5-3% 163 $61,425,000 $376,840
    <2.5% 129 $945,000 $7,326
    6-7% 59 $28,245,000 $478,729
    7-8% 22 $8,970,000 $407,727
    Over 8% 4 $2,110,000 $527,500

    During 2019, Draper And Kramer Mortgage Corp.'s average interest rate for loans was 4.14%, while their most frequently originated rate bucket for loans was 3-4%, with 5,584 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 4,640 $1,360,330,000 $293,175 $4,226 4.04%
    $400k-600k 2,071 $982,965,000 $474,633 $4,674 3.98%
    $100k-200k 2,033 $314,345,000 $154,621 $3,861 4.24%
    $600k-1MM 641 $465,475,000 $726,170 $5,309 4.02%
    $100,000 or less 484 $26,820,000 $55,413 $3,517 3.40%
    $1MM+ 130 $195,880,000 $1,506,769 $7,221 4.04%

    2019 saw Draper And Kramer Mortgage Corp. place emphasis on $200k-400k loans with 4,640 originations, totaling $1,360,330,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 2,616 $863,570,000 $330,111 $4,279 4.04%
    $150k-250k 2,138 $860,840,000 $402,638 $4,003 4.01%
    $75k-100k 1,681 $451,955,000 $268,861 $4,670 4.07%
    $50k-75k 1,560 $314,340,000 $201,500 $4,592 4.01%
    $250k+ 1,198 $707,980,000 $590,968 $4,317 4.07%
    $50k or less 734 $115,980,000 $158,011 $4,205 4.06%

    Draper And Kramer Mortgage Corp. lent most frequently to those with incomes in the $100k-150k range, with 2,616 originations. The second most popular income band? $150k-250k, with 2,138 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 2,192 $768,040,000 $350,383 $3,681 3.92%
    30-36% 1,854 $628,340,000 $338,910 $4,059 4.02%
    <20% 672 $261,760,000 $389,524 $3,580 3.95%
    41% 431 $142,945,000 $331,659 $4,378 4.07%
    44% 422 $126,810,000 $300,498 $4,993 4.07%
    42% 409 $139,535,000 $341,161 $4,642 4.05%
    43% 395 $118,595,000 $300,241 $4,497 4.12%
    39% 380 $121,400,000 $319,474 $4,297 4.02%
    40% 373 $121,345,000 $325,322 $4,502 4.08%
    36% 364 $122,860,000 $337,527 $4,165 4.10%
    37% 357 $112,785,000 $315,924 $4,197 3.98%
    38% 353 $120,245,000 $340,637 $4,466 4.01%
    50-60% 327 $103,705,000 $317,141 $8,358 4.10%
    49% 293 $90,275,000 $308,106 $4,943 4.24%
    45% 286 $82,410,000 $288,147 $4,663 4.24%
    48% 262 $81,800,000 $312,214 $4,653 4.25%
    47% 247 $73,095,000 $295,931 $5,200 4.20%
    46% 245 $72,825,000 $297,245 $4,435 4.18%
    >60% 82 $33,100,000 $403,659 $4,740 4.13%

    Draper And Kramer Mortgage Corp. lent most frequently to those with DTI ratios of 20-30%, with 2,192 originations. The next most common DTI ratio? 30-36%, with 1,854 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 6,863 $2,286,975,000 $333,233 $4,271 4.07%
    Asian 1,583 $543,105,000 $343,086 $3,450 3.84%
    Not provided 953 $323,895,000 $339,869 $4,869 4.04%
    Black 575 $183,515,000 $319,157 $6,706 4.18%
    American Indian 11 $3,695,000 $335,909 $4,237 4.46%
    Native Hawaiian or Islander 8 $2,500,000 $312,500 $4,167 4.11%
    Asian Indian 3 $1,535,000 $511,667 $7,054 3.75%
    1 $215,000 $215,000 $3,751 3.88%
    Other Asian 1 $205,000 $205,000 $4,367 4.13%
    Not applicable 1 $175,000 $175,000 $3,742 3.88%

    Approval Rates

    Total approvals of all applications
    98.15%

    Draper And Kramer Mortgage Corp. 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
    78.80%

    Draper And Kramer Mortgage Corp. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    137893.0 1 $315,000 $315,000
    NA 9,998 $3,345,500,000 $334,617

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 4 $520,000 $130,000
    Single Family (1-4 Units):Site-Built 9,995 $3,345,295,000 $334,697

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 304 $75,830,000 $249,441 $3,103 3.99%
    40-60% 1,088 $368,120,000 $338,346 $3,229 3.88%
    60-80% 3,866 $1,402,750,000 $362,843 $3,467 4.07%
    80-100% 4,448 $1,451,810,000 $326,396 $5,304 4.16%
    Over 100% 93 $34,545,000 $371,452 $11,299 3.89%
    Under 20% 175 $4,195,000 $23,971 $1,790 1.35%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    Draper and Kramer Mortgage Corp. Conventional home mortgage Improper use of your report 1 50.0%
    Draper and Kramer Mortgage Corp. FHA mortgage Closing on a mortgage 1 50.0%