Homebridge Financial Services Mortgage Rates, Fees & Info

Iselin, NJ

LEI: 5493001WHVQBGRSWEU75

Tax ID: 22-3123730

2020 Data | 2019 Data | 2018 Data


Overview

Homebridge Financial Services is a large mortgage company specializing in Refi and Home Purchase loans. Homebridge Financial Services 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 include Los Angeles, Seattle, New York, Riverside, and Portland among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Homebridge Financial Services is typically a high fee lendor.


Originations

78,469

Origination Dollar Volume (All Markets)

$26,103,465,000

Relative Rate

Homebridge Financial Services 's average 30 year fixed rate mortgage was 3.27%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of -0.09%.

Relative Fees

Homebridge Financial Services 's average total fees for a 30 year fixed rate mortgage are $6,793.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 47,813 $17,040,125,000 $356,391 $5,648 3.25%
FHA 21,173 $5,664,945,000 $267,555 $8,289 3.22%
VA 8,776 $3,244,450,000 $369,696 $7,573 2.98%
USDA 707 $153,945,000 $217,744 $7,079 3.15%

For the 2020 period, Homebridge Financial Services 's most frequently originated loan type was Conventional, with 47,813 originations. Their 2nd most popular type is FHA, with 21,173 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 38,525 $12,637,415,000 $328,032 $5,504 3.18%
Home Purchase 33,070 $11,085,990,000 $335,228 $7,794 3.20%
Cash Out Refi 6,316 $2,201,320,000 $348,531 $6,288 3.42%
Home Improvement 558 $178,740,000 $320,323 $12,061 3.57%

For the 2020, Homebridge Financial Services 's most frequently cited loan purpose was Refi, with 38,525 originations. The 2nd most popular reason was Home Purchase, with 33,070 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 68,603 $23,324,235,000 $339,989 $6,793 3.23%
Other 4,158 $1,095,610,000 $263,494 $5,650 3.40%
15 Year 4,069 $1,187,685,000 $291,886 $4,710 2.81%
20 Year 1,314 $403,520,000 $307,093 $5,091 3.07%
10 Year 230 $51,050,000 $221,957 $3,529 2.58%
30+ year 50 $40,880,000 $817,600 $10,483 3.53%
3 Year 38 $420,000 $11,053 $8 0.00%
5 Year 7 $65,000 $9,286 $64 0.00%

For the 2020, Homebridge Financial Services 's most frequently cited loan length was 30 Year, with 68,603 originations. The 2nd most popular length was Other, with 4,158 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 27,253 $9,663,765,000 $354,595
$<1k 17,626 $4,637,120,000 $263,084
$3k-4k 12,773 $4,008,565,000 $313,831
$5k+ 10,662 $4,871,750,000 $456,926
$2k-3k 9,980 $2,863,310,000 $286,905

$6,793 was Homebridge Financial Services 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 27,253 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LOS ANGELES-LONG BEACH-GLENDALE, CA 4,246 $2,177,750,000 $512,894 $7,364 3.28%
SEATTLE-BELLEVUE-KENT, WA 4,288 $1,963,930,000 $458,006 $5,996 3.15%
Outside of Metro Areas 4,296 $1,164,810,000 $271,138 $5,883 3.21%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 2,428 $1,065,140,000 $438,690 $11,063 3.25%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 2,825 $958,155,000 $339,170 $7,318 3.19%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 2,708 $914,070,000 $337,544 $5,122 3.19%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 1,851 $861,255,000 $465,292 $8,494 3.10%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 2,460 $647,170,000 $263,077 $6,581 3.28%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 1,512 $607,050,000 $401,488 $6,431 3.15%
OXNARD-THOUSAND OAKS-VENTURA, CA 1,228 $593,460,000 $483,274 $6,209 3.22%
URBAN HONOLULU, HI 944 $542,580,000 $574,767 $10,217 2.97%
PHOENIX-MESA-CHANDLER, AZ 2,025 $533,645,000 $263,528 $5,498 3.25%
NEW BRUNSWICK-LAKEWOOD, NJ 1,570 $502,730,000 $320,210 $7,428 3.24%
NASSAU COUNTY-SUFFOLK COUNTY, NY 1,164 $464,980,000 $399,467 $10,519 3.22%
OAKLAND-BERKELEY-LIVERMORE, CA 898 $432,890,000 $482,060 $6,867 3.22%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 1,510 $407,300,000 $269,735 $6,894 3.26%
BALTIMORE-COLUMBIA-TOWSON, MD 1,274 $394,120,000 $309,356 $5,702 3.15%
DALLAS-PLANO-IRVING, TX 1,246 $368,620,000 $295,843 $6,530 3.30%
BOSTON, MA 880 $334,770,000 $380,420 $5,420 3.20%
ORLANDO-KISSIMMEE-SANFORD, FL 1,228 $324,850,000 $264,536 $6,980 3.33%
NEWARK, NJ-PA 903 $315,575,000 $349,474 $8,065 3.24%
KENNEWICK-RICHLAND, WA 1,139 $304,435,000 $267,283 $5,528 2.95%
ANAHEIM-SANTA ANA-IRVINE, CA 569 $300,735,000 $528,533 $7,700 3.20%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 832 $297,340,000 $357,380 $6,965 3.30%
SANTA MARIA-SANTA BARBARA, CA 603 $291,415,000 $483,275 $7,030 3.21%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 1,067 $277,985,000 $260,530 $6,345 3.25%
FRESNO, CA 975 $256,775,000 $263,359 $6,189 3.11%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 594 $250,580,000 $421,852 $4,827 3.14%
SPOKANE-SPOKANE VALLEY, WA 828 $230,140,000 $277,947 $5,343 3.11%
DENVER-AURORA-LAKEWOOD, CO 649 $226,585,000 $349,129 $6,288 3.21%
LAS VEGAS-HENDERSON-PARADISE, NV 784 $222,140,000 $283,342 $5,975 3.18%
CHICAGO-NAPERVILLE-EVANSTON, IL 867 $210,485,000 $242,774 $6,448 3.26%
TACOMA-LAKEWOOD, WA 538 $199,220,000 $370,297 $6,130 3.10%
COLORADO SPRINGS, CO 566 $196,010,000 $346,307 $6,096 3.05%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 480 $192,230,000 $400,479 $4,815 3.02%
SANTA ROSA-PETALUMA, CA 389 $176,725,000 $454,306 $6,000 3.18%
NORTH PORT-SARASOTA-BRADENTON, FL 661 $171,475,000 $259,418 $6,609 3.31%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 720 $164,450,000 $228,403 $6,187 3.40%
BOISE CITY, ID 523 $155,425,000 $297,180 $5,845 3.15%
MIAMI-MIAMI BEACH-KENDALL, FL 495 $153,605,000 $310,313 $8,032 3.42%
NAPA, CA 256 $130,630,000 $510,273 $8,078 3.23%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 191 $122,055,000 $639,031 $7,285 3.17%
WORCESTER, MA-CT 417 $121,615,000 $291,643 $5,159 3.20%
SAN ANTONIO-NEW BRAUNFELS, TX 513 $120,135,000 $234,181 $6,831 3.25%
CHARLESTON-NORTH CHARLESTON, SC 389 $117,185,000 $301,247 $5,842 3.28%
BRIDGEPORT-STAMFORD-NORWALK, CT 347 $112,355,000 $323,790 $7,731 3.22%
PROVIDENCE-WARWICK, RI-MA 366 $108,700,000 $296,995 $5,815 3.13%
JACKSONVILLE, FL 413 $108,135,000 $261,828 $7,032 3.27%
YAKIMA, WA 449 $107,965,000 $240,457 $5,168 3.06%
KANSAS CITY, MO-KS 498 $106,480,000 $213,815 $4,350 3.18%
MOUNT VERNON-ANACORTES, WA 327 $103,145,000 $315,428 $5,446 3.07%
BAKERSFIELD, CA 427 $102,495,000 $240,035 $5,796 3.18%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 396 $99,990,000 $252,500 $6,334 3.33%
BURLINGTON-SOUTH BURLINGTON, VT 371 $96,125,000 $259,097 $5,254 3.20%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 416 $96,050,000 $230,889 $7,045 3.31%
SALEM, OR 349 $94,085,000 $269,585 $5,875 3.18%
STOCKTON, CA 245 $92,155,000 $376,143 $6,412 3.21%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 311 $91,845,000 $295,322 $8,108 3.32%
VALLEJO, CA 230 $85,130,000 $370,130 $7,781 3.14%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 299 $82,335,000 $275,368 $7,548 3.30%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 304 $82,270,000 $270,625 $6,153 3.25%
EUGENE-SPRINGFIELD, OR 290 $81,750,000 $281,897 $5,649 3.28%
CAPE CORAL-FORT MYERS, FL 329 $77,625,000 $235,942 $6,441 3.35%
LAKELAND-WINTER HAVEN, FL 350 $77,140,000 $220,400 $6,377 3.22%
BELLINGHAM, WA 243 $76,785,000 $315,988 $5,856 3.07%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 239 $71,235,000 $298,054 $7,974 3.19%
COEUR D'ALENE, ID 210 $71,170,000 $338,905 $6,245 3.16%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 298 $71,170,000 $238,826 $5,468 3.24%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 235 $70,895,000 $301,681 $6,133 3.29%
CHICO, CA 229 $67,965,000 $296,790 $5,270 3.22%
NEW HAVEN-MILFORD, CT 279 $66,785,000 $239,373 $8,205 3.24%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 232 $66,390,000 $286,164 $7,563 3.35%
KAHULUI-WAILUKU-LAHAINA, HI 144 $63,860,000 $443,472 $8,866 3.10%
BIRMINGHAM-HOOVER, AL 281 $60,995,000 $217,064 $5,421 3.21%
BEND, OR 189 $59,835,000 $316,587 $5,293 3.30%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 235 $57,825,000 $246,064 $5,497 3.29%
ALBUQUERQUE, NM 230 $57,730,000 $251,000 $5,284 3.25%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 93 $57,325,000 $616,398 $8,138 3.29%
GREENVILLE-ANDERSON, SC 212 $54,590,000 $257,500 $6,403 3.18%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 198 $53,940,000 $272,424 $5,773 3.14%
OLYMPIA-LACEY-TUMWATER, WA 149 $52,035,000 $349,228 $6,399 3.14%
BATON ROUGE, LA 216 $51,000,000 $236,111 $6,401 3.23%
INDIANAPOLIS-CARMEL-ANDERSON, IN 238 $50,990,000 $214,244 $4,894 3.25%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 242 $49,550,000 $204,752 $4,766 3.55%
PORTLAND-SOUTH PORTLAND, ME 181 $48,725,000 $269,199 $7,631 3.30%
WARREN-TROY-FARMINGTON HILLS, MI 219 $48,525,000 $221,575 $5,192 3.29%
LONGVIEW, WA 143 $43,285,000 $302,692 $5,369 3.25%
COLUMBUS, OH 193 $42,495,000 $220,181 $5,758 3.29%
PHILADELPHIA, PA 163 $39,645,000 $243,221 $7,601 3.34%
BRUNSWICK, GA 191 $39,615,000 $207,408 $6,224 3.18%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 99 $38,855,000 $392,475 $6,125 3.15%
RICHMOND, VA 151 $38,315,000 $253,742 $5,313 3.21%
MILWAUKEE-WAUKESHA, WI 174 $37,480,000 $215,402 $4,825 3.22%
OKLAHOMA CITY, OK 172 $37,370,000 $217,267 $6,235 3.11%
SAN LUIS OBISPO-PASO ROBLES, CA 82 $37,150,000 $453,049 $6,395 3.09%
CAMDEN, NJ 148 $36,860,000 $249,054 $7,387 3.33%
MODESTO, CA 133 $36,305,000 $272,970 $6,439 3.15%
HARRISBURG-CARLISLE, PA 192 $36,020,000 $187,604 $6,027 3.04%
SALT LAKE CITY, UT 118 $34,600,000 $293,220 $5,559 3.04%
PALM BAY-MELBOURNE-TITUSVILLE, FL 137 $33,105,000 $241,642 $6,524 3.27%
YUBA CITY, CA 107 $32,745,000 $306,028 $6,353 3.22%
NEW ORLEANS-METAIRIE, LA 122 $32,640,000 $267,541 $6,371 3.16%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 102 $32,100,000 $314,706 $6,428 3.13%
PROVO-OREM, UT 102 $31,710,000 $310,882 $6,074 2.95%
LAREDO, TX 157 $31,445,000 $200,287 $8,290 3.24%
PORT ST. LUCIE, FL 135 $31,105,000 $230,407 $6,382 3.28%
TUCSON, AZ 130 $30,660,000 $235,846 $5,369 3.17%
LEWISTON, ID-WA 145 $30,165,000 $208,034 $5,166 3.19%
ALBANY-SCHENECTADY-TROY, NY 140 $29,930,000 $213,786 $7,470 3.36%
OGDEN-CLEARFIELD, UT 100 $29,720,000 $297,200 $4,998 3.05%
MANCHESTER-NASHUA, NH 105 $29,615,000 $282,048 $5,447 3.19%
RENO, NV 97 $29,375,000 $302,835 $5,855 3.26%
OCALA, FL 144 $28,950,000 $201,042 $6,095 3.33%
RALEIGH-CARY, NC 110 $28,650,000 $260,455 $5,981 3.26%
ALBANY-LEBANON, OR 102 $27,400,000 $268,627 $6,750 3.19%
YORK-HANOVER, PA 131 $26,855,000 $205,000 $6,469 3.13%
CINCINNATI, OH-KY-IN 123 $25,635,000 $208,415 $5,053 3.37%
GREELEY, CO 85 $25,275,000 $297,353 $6,226 3.26%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 120 $25,270,000 $210,583 $5,026 3.40%
VISALIA, CA 106 $25,130,000 $237,075 $5,538 3.18%
MADERA, CA 94 $24,270,000 $258,191 $5,774 3.19%
CLEVELAND-ELYRIA, OH 113 $23,775,000 $210,398 $5,189 3.29%
PRESCOTT VALLEY-PRESCOTT, AZ 96 $22,780,000 $237,292 $5,501 3.47%
ELGIN, IL 102 $22,560,000 $221,176 $5,613 3.25%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 94 $22,490,000 $239,255 $7,451 3.31%
WILMINGTON, DE-MD-NJ 86 $21,930,000 $255,000 $6,111 3.09%
ST. LOUIS, MO-IL 91 $21,575,000 $237,088 $4,738 3.12%
MEMPHIS, TN-MS-AR 87 $20,645,000 $237,299 $5,526 3.38%
LANCASTER, PA 90 $20,580,000 $228,667 $6,190 3.17%
SALINAS, CA 41 $19,855,000 $484,268 $6,671 3.14%
ANCHORAGE, AK 64 $19,710,000 $307,969 $7,302 3.20%
BARNSTABLE TOWN, MA 58 $19,400,000 $334,483 $5,032 3.19%
NAPLES-MARCO ISLAND, FL 70 $19,050,000 $272,143 $6,126 3.43%
SAN RAFAEL, CA 35 $18,865,000 $539,000 $6,542 3.10%
GARY, IN 87 $18,525,000 $212,931 $5,772 3.29%
WENATCHEE, WA 53 $18,375,000 $346,698 $5,671 3.12%
SAVANNAH, GA 74 $18,300,000 $247,297 $6,654 3.23%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 70 $18,080,000 $258,286 $6,257 3.28%
TRENTON-PRINCETON, NJ 61 $17,245,000 $282,705 $6,298 3.30%
DETROIT-DEARBORN-LIVONIA, MI 76 $16,620,000 $218,684 $4,969 3.23%
PENSACOLA-FERRY PASS-BRENT, FL 69 $16,395,000 $237,609 $6,404 3.06%
SANTA CRUZ-WATSONVILLE, CA 28 $15,110,000 $539,643 $8,066 3.05%
SPRINGFIELD, MA 62 $14,860,000 $239,677 $5,535 3.12%
SALISBURY, MD-DE 55 $14,695,000 $267,182 $5,147 3.26%
LAKE HAVASU CITY-KINGMAN, AZ 63 $14,525,000 $230,556 $6,665 3.27%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 41 $13,955,000 $340,366 $5,724 3.19%
GRAND RAPIDS-KENTWOOD, MI 68 $13,550,000 $199,265 $4,633 3.27%
KNOXVILLE, TN 61 $13,485,000 $221,066 $5,403 3.12%
NORWICH-NEW LONDON, CT 51 $13,075,000 $256,373 $6,405 3.15%
FORT COLLINS, CO 38 $12,960,000 $341,053 $5,965 3.25%
MADISON, WI 55 $12,855,000 $233,727 $5,462 3.07%
HAGERSTOWN-MARTINSBURG, MD-WV 55 $12,775,000 $232,273 $5,837 3.07%
PUNTA GORDA, FL 56 $12,320,000 $220,000 $6,015 3.41%
MERCED, CA 49 $12,315,000 $251,327 $6,051 3.14%
EL CENTRO, CA 48 $11,850,000 $246,875 $6,489 3.35%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR 54 $11,630,000 $215,370 $5,891 3.35%
MEDFORD, OR 44 $11,350,000 $257,955 $5,478 3.22%
FAYETTEVILLE, NC 52 $11,290,000 $217,115 $5,236 3.08%
DURHAM-CHAPEL HILL, NC 47 $11,035,000 $234,787 $5,583 3.36%
CORPUS CHRISTI, TX 52 $11,030,000 $212,115 $6,272 3.45%
ATLANTIC CITY-HAMMONTON, NJ 50 $10,870,000 $217,400 $6,219 3.51%
SEBASTIAN-VERO BEACH, FL 43 $10,795,000 $251,047 $6,310 3.23%
GAINESVILLE, GA 43 $10,275,000 $238,953 $7,113 3.43%
TULSA, OK 47 $10,035,000 $213,511 $5,415 3.17%
PANAMA CITY, FL 37 $9,985,000 $269,865 $6,481 3.30%
HOMOSASSA SPRINGS, FL 57 $9,965,000 $174,825 $5,831 3.38%
WINSTON-SALEM, NC 50 $9,710,000 $194,200 $4,580 3.20%
AKRON, OH 47 $9,635,000 $205,000 $5,480 3.33%
PITTSBURGH, PA 45 $9,605,000 $213,444 $6,943 3.21%
OCEAN CITY, NJ 38 $9,570,000 $251,842 $8,097 3.35%
LAS CRUCES, NM 42 $9,410,000 $224,048 $5,813 3.40%
CORVALLIS, OR 31 $9,085,000 $293,065 $6,878 3.30%
COLUMBUS, GA-AL 48 $9,040,000 $188,333 $5,691 3.14%
FLAGSTAFF, AZ 28 $8,890,000 $317,500 $4,854 2.99%
HICKORY-LENOIR-MORGANTON, NC 44 $8,860,000 $201,364 $5,316 3.28%
HUNTSVILLE, AL 36 $8,620,000 $239,444 $4,388 3.25%
ROCHESTER, NY 46 $8,560,000 $186,087 $6,550 3.31%
HANFORD-CORCORAN, CA 38 $8,530,000 $224,474 $5,451 2.93%
SHREVEPORT-BOSSIER CITY, LA 42 $8,530,000 $203,095 $5,264 3.20%
KILLEEN-TEMPLE, TX 39 $8,405,000 $215,513 $4,806 3.06%
MIDLAND, TX 32 $8,170,000 $255,313 $6,975 3.33%
LEWISTON-AUBURN, ME 38 $8,080,000 $212,632 $7,291 3.12%
WINCHESTER, VA-WV 32 $8,070,000 $252,188 $6,193 3.25%
GREENSBORO-HIGH POINT, NC 38 $7,920,000 $208,421 $5,695 3.27%
GETTYSBURG, PA 34 $7,770,000 $228,529 $6,432 3.17%
CHATTANOOGA, TN-GA 37 $7,675,000 $207,432 $4,799 3.21%
DAPHNE-FAIRHOPE-FOLEY, AL 32 $7,600,000 $237,500 $7,032 3.36%
CUMBERLAND, MD-WV 46 $7,550,000 $164,130 $6,772 3.18%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 38 $7,550,000 $198,684 $4,563 3.42%
OMAHA-COUNCIL BLUFFS, NE-IA 35 $7,535,000 $215,286 $4,782 3.30%
SPARTANBURG, SC 30 $7,480,000 $249,333 $5,735 3.31%
KINGSTON, NY 27 $7,195,000 $266,481 $7,069 3.22%
LAKE CHARLES, LA 32 $7,180,000 $224,375 $5,038 3.36%
CLARKSVILLE, TN-KY 33 $7,005,000 $212,273 $4,455 3.31%
COLUMBIA, SC 32 $6,960,000 $217,500 $4,432 3.39%
AUGUSTA-RICHMOND COUNTY, GA-SC 32 $6,860,000 $214,375 $5,532 3.42%
WALLA WALLA, WA 29 $6,805,000 $234,655 $5,099 2.99%
LEXINGTON-FAYETTE, KY 33 $6,745,000 $204,394 $4,612 3.36%
MOBILE, AL 31 $6,725,000 $216,935 $5,751 3.38%
WILMINGTON, NC 26 $6,720,000 $258,462 $5,878 3.04%
ASHEVILLE, NC 27 $6,545,000 $242,407 $5,496 3.24%
TUSCALOOSA, AL 28 $6,200,000 $221,429 $5,112 3.21%
GAINESVILLE, FL 27 $6,155,000 $227,963 $6,997 3.31%
PUEBLO, CO 28 $6,050,000 $216,071 $5,761 3.39%
REDDING, CA 26 $6,010,000 $231,154 $4,680 3.07%
DOVER, DE 24 $6,000,000 $250,000 $6,738 3.08%
BOULDER, CO 15 $5,935,000 $395,667 $7,191 3.33%
TALLAHASSEE, FL 27 $5,775,000 $213,889 $6,564 3.22%
WARNER ROBINS, GA 26 $5,490,000 $211,154 $4,466 3.05%
JACKSONVILLE, NC 26 $5,450,000 $209,615 $5,445 3.09%
STATE COLLEGE, PA 23 $5,375,000 $233,696 $5,279 2.89%
DES MOINES-WEST DES MOINES, IA 23 $5,355,000 $232,826 $4,627 2.99%
FLINT, MI 25 $5,265,000 $210,600 $4,439 3.44%
GRANTS PASS, OR 20 $5,250,000 $262,500 $7,611 3.22%
APPLETON, WI 26 $5,240,000 $201,538 $5,171 3.10%
EL PASO, TX 25 $5,205,000 $208,200 $4,859 3.42%
GRAND JUNCTION, CO 20 $5,200,000 $260,000 $5,209 3.29%
RACINE, WI 24 $5,190,000 $216,250 $4,473 3.14%
ATHENS-CLARKE COUNTY, GA 22 $5,170,000 $235,000 $6,035 3.22%
COLLEGE STATION-BRYAN, TX 19 $5,045,000 $265,526 $5,630 3.14%
ODESSA, TX 25 $5,025,000 $201,000 $5,851 3.74%
KANKAKEE, IL 27 $4,745,000 $175,741 $5,524 3.04%
MCALLEN-EDINBURG-MISSION, TX 20 $4,500,000 $225,000 $6,105 3.59%
MACON-BIBB COUNTY, GA 23 $4,495,000 $195,435 $5,098 3.27%
LANSING-EAST LANSING, MI 25 $4,485,000 $179,400 $5,475 3.27%
FARMINGTON, NM 21 $4,315,000 $205,476 $4,782 3.54%
LAFAYETTE, LA 23 $4,295,000 $186,739 $5,385 3.37%
HOUMA-THIBODAUX, LA 21 $4,225,000 $201,190 $6,749 3.35%
READING, PA 19 $4,195,000 $220,789 $7,039 3.39%
YUMA, AZ 21 $4,165,000 $198,333 $4,201 3.33%
MONTGOMERY, AL 20 $4,110,000 $205,500 $4,162 3.23%
BUFFALO-CHEEKTOWAGA, NY 24 $4,100,000 $170,833 $6,665 3.54%
CHAMBERSBURG-WAYNESBORO, PA 21 $4,085,000 $194,524 $6,916 3.30%
TOLEDO, OH 20 $4,070,000 $203,500 $5,433 3.45%
THE VILLAGES, FL 18 $4,020,000 $223,333 $5,403 3.33%
EAST STROUDSBURG, PA 19 $4,015,000 $211,316 $8,952 3.33%
HILTON HEAD ISLAND-BLUFFTON, SC 15 $3,965,000 $264,333 $7,088 3.17%
LEBANON, PA 19 $3,895,000 $205,000 $7,220 2.96%
DAYTON-KETTERING, OH 17 $3,835,000 $225,588 $5,142 3.37%
HAMMOND, LA 20 $3,810,000 $190,500 $5,134 3.29%
ST. GEORGE, UT 13 $3,805,000 $292,692 $4,711 3.08%
ELIZABETHTOWN-FORT KNOX, KY 18 $3,750,000 $208,333 $5,130 3.31%
ROANOKE, VA 19 $3,735,000 $196,579 $4,957 3.09%
CLEVELAND, TN 16 $3,660,000 $228,750 $5,534 3.31%
SANTA FE, NM 14 $3,620,000 $258,571 $6,309 3.26%
BROWNSVILLE-HARLINGEN, TX 15 $3,485,000 $232,333 $4,681 3.19%
EVANSVILLE, IN-KY 17 $3,275,000 $192,647 $4,629 3.31%
CALIFORNIA-LEXINGTON PARK, MD 12 $3,230,000 $269,167 $6,622 3.31%
TYLER, TX 15 $3,225,000 $215,000 $5,607 3.30%
LUBBOCK, TX 14 $3,090,000 $220,714 $4,848 3.32%
BEAUMONT-PORT ARTHUR, TX 15 $3,055,000 $203,667 $5,691 3.12%
OSHKOSH-NEENAH, WI 17 $3,045,000 $179,118 $4,909 3.50%
ANN ARBOR, MI 13 $3,045,000 $234,231 $5,332 3.01%
ST. CLOUD, MN 13 $3,025,000 $232,692 $6,577 2.97%
LONGVIEW, TX 12 $2,930,000 $244,167 $5,234 3.54%
SHERMAN-DENISON, TX 13 $2,895,000 $222,692 $5,256 3.27%
FORT WAYNE, IN 16 $2,870,000 $179,375 $5,804 3.19%
SEBRING-AVON PARK, FL 13 $2,825,000 $217,308 $6,503 3.36%
EAU CLAIRE, WI 11 $2,815,000 $255,909 $4,436 3.15%
HINESVILLE, GA 12 $2,790,000 $232,500 $4,780 3.34%
MONROE, LA 12 $2,780,000 $231,667 $5,451 3.25%
LYNCHBURG, VA 13 $2,755,000 $211,923 $5,182 2.95%
CANTON-MASSILLON, OH 15 $2,745,000 $183,000 $4,168 3.37%
SOUTH BEND-MISHAWAKA, IN-MI 13 $2,715,000 $208,846 $5,121 3.46%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 13 $2,685,000 $206,538 $5,044 3.26%
ROCHESTER, MN 13 $2,665,000 $205,000 $5,262 3.24%
GLENS FALLS, NY 12 $2,660,000 $221,667 $6,487 3.48%
WACO, TX 9 $2,525,000 $280,556 $8,588 3.13%
GREENVILLE, NC 12 $2,510,000 $209,167 $5,248 3.57%
JACKSON, MS 12 $2,500,000 $208,333 $5,088 3.44%
FAIRBANKS, AK 10 $2,460,000 $246,000 $6,197 3.16%
VALDOSTA, GA 14 $2,430,000 $173,571 $6,151 3.09%
SPRINGFIELD, MO 11 $2,395,000 $217,727 $4,155 3.27%
SCRANTON--WILKES-BARRE, PA 14 $2,370,000 $169,286 $5,718 3.63%
CHARLOTTESVILLE, VA 8 $2,360,000 $295,000 $6,371 3.02%
NEW BERN, NC 12 $2,340,000 $195,000 $4,988 3.06%
ELKHART-GOSHEN, IN 13 $2,325,000 $178,846 $4,388 3.48%
BILLINGS, MT 10 $2,260,000 $226,000 $11,857 3.05%
VINELAND-BRIDGETON, NJ 10 $2,230,000 $223,000 $6,348 3.43%
SIERRA VISTA-DOUGLAS, AZ 11 $2,175,000 $197,727 $3,767 3.34%
CHEYENNE, WY 9 $2,155,000 $239,444 $4,835 3.06%
IDAHO FALLS, ID 7 $2,145,000 $306,429 $8,900 3.16%
DALTON, GA 9 $2,105,000 $233,889 $5,540 3.29%
BURLINGTON, NC 11 $2,105,000 $191,364 $4,775 3.55%
JACKSON, TN 10 $2,090,000 $209,000 $3,972 3.31%
KALAMAZOO-PORTAGE, MI 11 $2,075,000 $188,636 $4,487 3.47%
STAUNTON, VA 10 $1,950,000 $195,000 $4,123 3.44%
JACKSON, MI 10 $1,920,000 $192,000 $3,857 3.23%
DULUTH, MN-WI 9 $1,865,000 $207,222 $5,434 3.14%
JANESVILLE-BELOIT, WI 8 $1,840,000 $230,000 $4,209 3.11%
ALEXANDRIA, LA 8 $1,810,000 $226,250 $5,489 3.16%
AMARILLO, TX 8 $1,800,000 $225,000 $5,509 3.61%
MUSKEGON, MI 11 $1,795,000 $163,182 $4,308 3.45%
GREEN BAY, WI 8 $1,680,000 $210,000 $4,880 3.47%
COLUMBIA, MO 8 $1,670,000 $208,750 $3,983 3.14%
ERIE, PA 7 $1,655,000 $236,429 $7,781 3.07%
JOHNSON CITY, TN 8 $1,650,000 $206,250 $4,467 2.89%
LINCOLN, NE 8 $1,600,000 $200,000 $4,733 3.33%
BANGOR, ME 7 $1,555,000 $222,143 $6,222 3.07%
SIOUX FALLS, SD 7 $1,545,000 $220,714 $4,687 2.82%
VICTORIA, TX 8 $1,530,000 $191,250 $5,033 3.31%
BLACKSBURG-CHRISTIANSBURG, VA 7 $1,525,000 $217,857 $4,739 3.30%
LAFAYETTE-WEST LAFAYETTE, IN 8 $1,510,000 $188,750 $4,481 3.64%
TWIN FALLS, ID 6 $1,490,000 $248,333 $4,498 3.44%
MORGANTOWN, WV 7 $1,455,000 $207,857 $5,103 3.09%
SPRINGFIELD, OH 8 $1,450,000 $181,250 $4,750 3.55%
FLORENCE, SC 8 $1,440,000 $180,000 $5,760 3.44%
BOWLING GREEN, KY 6 $1,410,000 $235,000 $5,348 3.19%
MICHIGAN CITY-LA PORTE, IN 7 $1,405,000 $200,714 $4,288 3.46%
ST. JOSEPH, MO-KS 9 $1,385,000 $153,889 $4,128 3.25%
HUNTINGTON-ASHLAND, WV-KY-OH 6 $1,380,000 $230,000 $5,314 3.46%
KINGSPORT-BRISTOL, TN-VA 6 $1,350,000 $225,000 $5,201 3.21%
CHAMPAIGN-URBANA, IL 6 $1,330,000 $221,667 $4,074 2.98%
WAUSAU-WESTON, WI 6 $1,320,000 $220,000 $4,193 3.02%
LAWTON, OK 6 $1,280,000 $213,333 $4,876 2.79%
HOT SPRINGS, AR 6 $1,230,000 $205,000 $4,575 3.56%
CASPER, WY 6 $1,230,000 $205,000 $4,347 3.04%
BLOOMINGTON, IN 4 $1,180,000 $295,000 $6,574 3.00%
SYRACUSE, NY 6 $1,170,000 $195,000 $6,739 4.58%
JONESBORO, AR 6 $1,160,000 $193,333 $4,611 3.44%
AUBURN-OPELIKA, AL 6 $1,140,000 $190,000 $5,758 3.06%
LA CROSSE-ONALASKA, WI-MN 5 $1,085,000 $217,000 $5,999 2.80%
ROCKFORD, IL 6 $1,080,000 $180,000 $4,491 3.29%
RAPID CITY, SD 4 $1,070,000 $267,500 $7,607 2.75%
MONROE, MI 4 $1,050,000 $262,500 $3,955 3.25%
COLUMBUS, IN 6 $1,050,000 $175,000 $4,508 3.71%
TOPEKA, KS 3 $1,045,000 $348,333 $4,217 2.96%
DOTHAN, AL 5 $1,035,000 $207,000 $4,678 3.08%
CHARLESTON, WV 5 $995,000 $199,000 $4,523 3.18%
HARRISONBURG, VA 4 $990,000 $247,500 $6,086 3.19%
BISMARCK, ND 4 $980,000 $245,000 $6,244 2.91%
MORRISTOWN, TN 6 $980,000 $163,333 $4,391 3.04%
NILES, MI 4 $940,000 $235,000 $4,588 3.06%
CARSON CITY, NV 4 $930,000 $232,500 $3,277 3.28%
ITHACA, NY 3 $925,000 $308,333 $7,766 3.42%
SAN ANGELO, TX 4 $890,000 $222,500 $5,595 3.34%
WICHITA, KS 3 $885,000 $295,000 $9,336 3.29%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 4 $860,000 $215,000 $6,480 3.63%
FORT SMITH, AR-OK 5 $855,000 $171,000 $3,331 3.15%
TERRE HAUTE, IN 4 $850,000 $212,500 $4,887 3.16%
WICHITA FALLS, TX 4 $850,000 $212,500 $6,201 2.78%
WATERTOWN-FORT DRUM, NY 3 $845,000 $281,667 $7,524 3.33%
LOGAN, UT-ID 4 $820,000 $205,000 $4,459 3.19%
ABILENE, TX 4 $800,000 $200,000 $4,326 3.41%
ROME, GA 4 $800,000 $200,000 $4,271 3.28%
DUBUQUE, IA 4 $800,000 $200,000 $4,275 3.16%
PEORIA, IL 4 $790,000 $197,500 $4,542 3.16%
ALBANY, GA 5 $785,000 $157,000 $5,461 3.28%
PITTSFIELD, MA 4 $770,000 $192,500 $4,793 3.22%
KOKOMO, IN 4 $770,000 $192,500 $4,057 3.22%
POCATELLO, ID 5 $745,000 $149,000 $3,961 3.08%
TEXARKANA, TX-AR 3 $745,000 $248,333 $6,641 3.17%
BLOOMINGTON, IL 4 $730,000 $182,500 $4,181 3.13%
FOND DU LAC, WI 3 $715,000 $238,333 $5,605 3.54%
ROCKY MOUNT, NC 4 $710,000 $177,500 $2,934 2.84%
FARGO, ND-MN 4 $700,000 $175,000 $4,920 3.00%
WEIRTON-STEUBENVILLE, WV-OH 4 $670,000 $167,500 $4,133 3.44%
GOLDSBORO, NC 3 $645,000 $215,000 $3,410 3.38%
SAGINAW, MI 3 $605,000 $201,667 $4,745 3.04%
BATTLE CREEK, MI 3 $595,000 $198,333 $5,888 3.88%
DECATUR, IL 3 $565,000 $188,333 $5,064 3.54%
WILLIAMSPORT, PA 3 $565,000 $188,333 $6,538 2.88%
MANKATO, MN 3 $555,000 $185,000 $4,060 3.08%
JEFFERSON CITY, MO 3 $545,000 $181,667 $3,697 2.92%
LIMA, OH 4 $540,000 $135,000 $4,129 3.50%
SHEBOYGAN, WI 3 $535,000 $178,333 $3,792 2.96%
HATTIESBURG, MS 3 $535,000 $178,333 $4,642 3.63%
CARBONDALE-MARION, IL 2 $480,000 $240,000 $5,650 3.00%
DECATUR, AL 3 $475,000 $158,333 $5,722 3.21%
SPRINGFIELD, IL 2 $450,000 $225,000 $4,219 3.06%
GRAND FORKS, ND-MN 2 $440,000 $220,000 $5,285 3.00%
CAPE GIRARDEAU, MO-IL 2 $440,000 $220,000 $5,077 3.50%
GADSDEN, AL 1 $435,000 $435,000 $2,893 2.75%
AMES, IA 2 $430,000 $215,000 $3,885 3.12%
MUNCIE, IN 3 $425,000 $141,667 $4,478 3.58%
GULFPORT-BILOXI, MS 2 $410,000 $205,000 $4,590 3.38%
JOPLIN, MO 2 $410,000 $205,000 $5,704 3.44%
SUMTER, SC 2 $390,000 $195,000 $3,797 3.75%
IOWA CITY, IA 2 $380,000 $190,000 $4,385 3.00%
GRAND ISLAND, NE 2 $380,000 $190,000 $4,230 2.81%
WHEELING, WV-OH 2 $380,000 $190,000 $4,784 3.56%
MIDLAND, MI 2 $370,000 $185,000 $4,606 3.06%
PARKERSBURG-VIENNA, WV 2 $360,000 $180,000 $4,317 2.75%
ALTOONA, PA 2 $330,000 $165,000 $7,641 4.00%
FLORENCE-MUSCLE SHOALS, AL 2 $320,000 $160,000 $3,804 3.13%
PINE BLUFF, AR 2 $310,000 $155,000 $3,339 4.25%
UTICA-ROME, NY 2 $290,000 $145,000 $4,513 2.94%
MISSOULA, MT 1 $245,000 $245,000 $4,719 3.38%
BINGHAMTON, NY 2 $220,000 $110,000 $4,260 4.00%
ANNISTON-OXFORD, AL 1 $205,000 $205,000 $4,366 3.63%
MANHATTAN, KS 1 $195,000 $195,000 $3,206 3.25%
DANVILLE, IL 1 $185,000 $185,000 $4,434 2.75%
OWENSBORO, KY 1 $165,000 $165,000 $2,795 3.38%
CEDAR RAPIDS, IA 1 $155,000 $155,000 $2,227 3.25%
LAWRENCE, KS 1 $155,000 $155,000 $2,723 3.38%
BAY CITY, MI 1 $135,000 $135,000 $5,967 2.75%
ELMIRA, NY 1 $115,000 $115,000 $5,993 4.25%

Homebridge Financial Services 's top markets include Los Angeles, Seattle, New York, Riverside, and Portland among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 40,948 $13,702,020,000 $334,620
2.5-3% 29,600 $10,086,490,000 $340,760
4-5% 3,824 $1,034,460,000 $270,518
<2.5% 3,642 $1,089,010,000 $299,014
5-6% 300 $130,780,000 $435,933
6-7% 123 $53,085,000 $431,585
7-8% 31 $7,495,000 $241,774
Over 8% 1 $125,000 $125,000

During 2020, Homebridge Financial Services 's average interest rate was 3.27%, while their most frequently originated rate bucket was 3-4%, with 40,948 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 41,369 $11,904,025,000 $287,752 $6,317 3.21%
$400k-600k 15,785 $7,523,825,000 $476,644 $7,548 3.17%
$100k-200k 14,397 $2,367,235,000 $164,426 $4,971 3.34%
$600k-1MM 4,755 $3,389,005,000 $712,725 $10,556 3.25%
$100,000 or less 1,540 $78,210,000 $50,786 $2,945 2.38%
$1MM+ 623 $841,165,000 $1,350,185 $14,996 3.43%

2020 saw Homebridge Financial Services place emphasis on $200k-400k loans with 41,369 originations, totaling $11,904,025,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 16,595 $6,213,815,000 $374,439 $7,073 3.20%
$50k-75k 13,301 $3,282,765,000 $246,806 $6,488 3.19%
$75k-100k 12,594 $3,912,840,000 $310,691 $6,934 3.19%
$150k-250k 11,096 $4,971,880,000 $448,079 $6,938 3.23%
$50k or less 9,083 $1,914,655,000 $210,795 $5,716 3.22%
$250k+ 4,189 $2,465,045,000 $588,457 $7,480 3.29%

Homebridge Financial Services lent most frequently to those with incomes in the $100k-150k range, with 16,595 originations. The second most popular income band? $50k-75k, with 13,301 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 11,958 $4,109,340,000 $343,648 $5,721 3.19%
30-36% 11,168 $3,892,300,000 $348,523 $6,406 3.22%
<20% 6,568 $2,022,510,000 $307,934 $5,368 3.18%
50-60% 3,923 $1,306,355,000 $332,999 $11,058 3.10%
44% 3,057 $1,016,865,000 $332,635 $6,884 3.26%
42% 2,836 $1,008,110,000 $355,469 $7,106 3.25%
43% 2,621 $869,415,000 $331,711 $6,673 3.26%
41% 2,607 $903,215,000 $346,458 $7,009 3.25%
40% 2,545 $870,145,000 $341,904 $6,969 3.24%
49% 2,467 $866,325,000 $351,165 $7,369 3.24%
39% 2,431 $848,515,000 $349,039 $6,826 3.24%
38% 2,320 $801,520,000 $345,483 $6,702 3.25%
37% 2,198 $759,690,000 $345,628 $6,720 3.23%
36% 2,145 $737,685,000 $343,909 $6,473 3.23%
45% 1,991 $672,505,000 $337,772 $7,164 3.23%
48% 1,929 $663,325,000 $343,870 $7,527 3.19%
47% 1,830 $628,610,000 $343,503 $7,329 3.23%
46% 1,823 $632,885,000 $347,167 $7,419 3.23%
>60% 151 $69,425,000 $459,768 $13,095 3.08%

Homebridge Financial Services lent most frequently to those with DTI ratios of 20-30%, with 11,958 originations. The next most common DTI ratio? 30-36%, with 11,168 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 51,694 $16,901,340,000 $326,950 $6,428 3.23%
Not provided 14,436 $4,885,620,000 $338,433 $6,455 3.16%
Asian 5,054 $2,088,300,000 $413,197 $7,090 3.13%
Black 6,228 $1,822,480,000 $292,627 $7,642 3.28%
Native Hawaiian 327 $128,895,000 $394,174 $7,624 3.18%
American Indian 359 $111,605,000 $310,877 $7,033 3.22%
Asian Indian 123 $62,475,000 $507,927 $6,706 3.22%
Other Asian 65 $21,905,000 $337,000 $6,881 3.31%
Chinese 36 $17,920,000 $497,778 $6,108 3.23%
Filipino 39 $16,705,000 $428,333 $8,375 3.12%
Japanese 29 $15,315,000 $528,103 $5,981 3.09%
Korean 20 $9,530,000 $476,500 $8,298 3.09%
Other Pacific Islander 23 $7,645,000 $332,391 $7,704 3.06%
Vietnamese 17 $6,655,000 $391,471 $6,360 3.09%
Samoan 8 $2,710,000 $338,750 $6,566 3.03%
Guamanian 6 $2,700,000 $450,000 $8,270 3.15%
Native Hawiian 5 $1,665,000 $333,000 $7,441 2.80%

Approval Rates

Total approvals of all applications
95.86%

Homebridge Financial Services 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
75.56%

Homebridge Financial Services has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 78,469 $26,103,465,000 $332,660

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 773 $173,375,000 $224,288
Single Family (1-4 Units):Site-Built 77,696 $25,930,090,000 $333,738

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 2,378 $668,680,000 $281,194 $4,721 3.08%
40-60% 9,184 $3,189,340,000 $347,271 $5,019 3.12%
60-80% 22,670 $8,424,710,000 $371,624 $6,116 3.30%
80-100% 41,511 $13,027,955,000 $313,843 $7,221 3.24%
Over 100% 1,205 $466,645,000 $387,257 $11,924 3.05%
Under 20% 869 $57,885,000 $66,611 $1,631 1.31%