Center Street Lending Viii Mortgage Rates, Fees & InfoSACRAMENTO, CA
Tax ID: 84-2416060
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewCenter Street Lending Viii is a smaller mortgage company specializing in Home Purchase and Refi loans. Center Street Lending Viii has a high proportion of conventional loans.
Center Street Lending Viii has a below average approval rate when compared to the average across all lenders. They typically have relatively high rates.
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|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.27%||3/24/23|
|30 Year Conventional Refi||6.27%||3/24/23|
|30 Year Cash-out Refi||6.27%||3/24/23|
|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.|
Origination Dollar Volume (All Markets)$961,795,000
Center Street Lending Viii's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 1.64%.
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|
|Outside of Metro Areas||957||$961,795,000||$1,005,010||$0||8.96%|
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Center Street Lending Viii's most frequently originated type of loan was Conventional, with 957 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||163||$165,415,000||$1,014,816||$0||9.09%|
For 2022, Center Street Lending Viii's most frequently cited loan purpose was Home Purchase, with 591 originations. The 2nd most popular reason was Refi, with 203 originations.
|Loan Length||Originations||Total Value||Average Loan||Average Fees||Average Rate|
For 2022, Center Street Lending Viii's most frequently cited loan duration was 1 Year, with 602 originations. The 2nd most popular length was Other, with 334 originations.
|Loan Rate||Originations||Total Value||Average Loan|
During 2022, Center Street Lending Viii's average interest rate for loans was 6.40%, while their most frequently originated rate bucket for loans was Over 8%, with 687 originations.
2022 saw Center Street Lending Viii place emphasis on $1MM+ loans with 318 originations, totaling $646,850,000 in origination value.
Approval RatesTotal approvals of all applications
Center Street Lending Viii has a low approval rate. They may have poor market targeting or stringent lending standards.
Pick RateApprovals leading to origination
Points and Fees
|Points||Originations||Total Value||Average Loan|