Cwm Partners L.p. Mortgage Rates, Fees & Info

AUSTIN, TX

LEI: 5493002H3RKHKUQU7R78

Tax ID: 76-0644857

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Cwm Partners L.p. is a smaller mortgage company specializing in Home Purchase loans. Cwm Partners L.p. 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: Oklahoma City, Stillwater, Weatherford, Shawnee, and Duncan among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Cwm Partners L.p. 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. Cwm Partners L.p. 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
    30 Year Conventional Purchase 6.73% 4/22/24
    30 Year Conventional Refi 6.95% 4/22/24
    30 Year Cash-out Refi 7.09% 4/22/24
    30 Year FHA Purchase 7.32% 4/22/24
    30 Year FHA Refi 6.27% 4/22/24
    30 Year VA Purchase 6.19% 4/22/24
    30 Year USDA Purchase 6.74% 4/22/24
    15 Year Conventional Purchase 5.93% 4/22/24
    15 Year Conventional Refi 5.68% 4/22/24
    15 Year Cash-out Refi 5.68% 4/22/24
    15 Year FHA Purchase 7.03% 4/22/24
    15 Year VA Refi 5.68% 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.

    Cwm Partners L.p. Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Cwm Partners L.p.. 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

    371

    Origination Dollar Volume (All Markets)

    $68,395,000
    Show all (5) 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
    OKLAHOMA CITY, OK (FHA|USDA|VA) 342 $63,210,000 $184,825 $3,862 4.62%
    Outside of Metro Areas 10 $1,920,000 $192,000 $4,483 4.70%
    Stillwater, OK (FHA|USDA|VA) 7 $1,345,000 $192,143 $4,549 4.55%
    Weatherford, OK (FHA|USDA|VA) 6 $1,020,000 $170,000 $4,681 4.65%
    Shawnee, OK (FHA|USDA|VA) 2 $470,000 $235,000 $4,232 4.19%
    Duncan, OK (FHA|USDA|VA) 1 $155,000 $155,000 $3,357 4.63%
    Elk City, OK (FHA|USDA|VA) 1 $135,000 $135,000 $5,181 4.63%
    TULSA, OK (FHA|USDA|VA) 1 $75,000 $75,000 $3,923 5.38%
    LAWTON, OK (FHA|USDA|VA) 1 $65,000 $65,000 $3,356 5.13%
    Cwm Partners L.p.'s top markets include Oklahoma City, Stillwater, Weatherford, Shawnee, and Duncan among others.

    Their top states include:
  • Oklahoma (FHA|USDA|VA)

    • Similar Lenders

    We use machine learning to identify the top lenders compared against CWM PARTNERS L.P. based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Municipal Employees Credit Union of Oklahoma City
    Similarity Rank: 89
    WEOKIE
    Similarity Rank: 120
    First Fidelity Bank
    Similarity Rank: 180
    TRUE SKY
    Similarity Rank: 240
    Washita Mortgage, Inc.
    Similarity Rank: 564
    US Employees O.C. Federal Credit Union
    Similarity Rank: 620
    OKLAHOMA'S
    Similarity Rank: 714
    CWM PARTNERS, L.P.
    Similarity Rank: 918
    COMMUNICATION
    Similarity Rank: 1020
    Republic Bank & Trust
    Similarity Rank: 1177

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 191 $34,915,000 $182,801 $2,991 4.79%
    FHA 98 $16,590,000 $169,286 $5,626 4.53%
    VA 69 $15,115,000 $219,058 $3,857 4.30%
    USDA 12 $1,600,000 $133,333 $4,494 4.59%
    HELOC 1 $175,000 $175,000 n/a 4.50%

    For 2018, Cwm Partners L.p.'s most frequently originated type of loan was Conventional, with 191 originations. Their 2nd most popular type was FHA, with 98 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 359 $65,645,000 $182,855 $3,907 4.62%
    Refi 9 $2,075,000 $230,556 $3,568 4.51%
    Cash Out Refi 3 $675,000 $225,000 $5,370 4.61%

    For 2018, Cwm Partners L.p.'s most frequently cited loan purpose was Home Purchase, with 359 originations. The 2nd most popular reason was Refi, with 9 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 345 $64,365,000 $186,565 $3,952 4.63%
    15 Year 20 $2,780,000 $139,000 $2,996 4.45%
    20 Year 6 $1,250,000 $208,333 $4,439 4.46%

    For 2018, Cwm Partners L.p.'s most frequently cited loan duration was 30 Year, with 345 originations. The 2nd most popular length was 15 Year, with 20 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 339 $62,255,000 $183,643
    $1k-2k 19 $3,735,000 $196,579
    $2k-3k 3 $325,000 $108,333
    $3k-4k 2 $410,000 $205,000
    $5k+ 1 $265,000 $265,000

    Cwm Partners L.p.'s average total fees were $3,952, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 339 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 290 $54,850,000 $189,138
    5-6% 45 $6,735,000 $149,667
    3-4% 32 $6,200,000 $193,750
    6-7% 4 $610,000 $152,500

    During 2018, Cwm Partners L.p.'s average interest rate for loans was 4.63%, while their most frequently originated rate bucket for loans was 4-5%, with 290 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 221 $34,365,000 $155,498 $3,705 4.63%
    $200k-400k 117 $29,275,000 $250,214 $4,327 4.52%
    $100,000 or less 27 $2,145,000 $79,444 $3,422 5.01%
    $400k-600k 6 $2,610,000 $435,000 $5,291 4.49%

    2018 saw Cwm Partners L.p. place emphasis on $100k-200k loans with 221 originations, totaling $34,365,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 119 $21,375,000 $179,622 $3,886 4.60%
    $50k or less 98 $13,460,000 $137,347 $3,747 4.70%
    $75k-100k 74 $13,700,000 $185,135 $3,844 4.58%
    $100k-150k 58 $13,470,000 $232,241 $4,183 4.53%
    $150k-250k 19 $5,415,000 $285,000 $3,739 4.74%
    $250k+ 3 $975,000 $325,000 $7,241 5.08%

    Cwm Partners L.p. lent most frequently to those with incomes in the $50k-75k range, with 119 originations. The second most popular income band? $50k or less, with 98 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 78 $14,550,000 $186,538 $3,953 4.64%
    20-30% 59 $10,685,000 $181,102 $3,555 4.65%
    50-60% 26 $4,920,000 $189,231 $4,585 4.42%
    <20% 21 $3,315,000 $157,857 $2,850 4.69%
    42% 18 $3,340,000 $185,556 $4,130 4.63%
    39% 16 $2,850,000 $178,125 $3,199 4.65%
    47% 15 $3,145,000 $209,667 $4,093 4.34%
    36% 15 $2,525,000 $168,333 $4,324 4.83%
    49% 15 $2,675,000 $178,333 $3,585 4.53%
    45% 14 $2,270,000 $162,143 $4,991 4.54%
    38% 13 $2,515,000 $193,462 $3,090 4.73%
    40% 13 $2,105,000 $161,923 $3,815 4.73%
    44% 13 $2,555,000 $196,538 $4,498 4.74%
    41% 12 $2,550,000 $212,500 $4,972 4.51%
    43% 11 $2,115,000 $192,273 $3,641 4.56%
    37% 10 $2,020,000 $202,000 $3,603 4.63%
    48% 9 $1,775,000 $197,222 $4,084 4.74%
    46% 6 $1,140,000 $190,000 $5,334 4.58%
    >60% 6 $1,230,000 $205,000 $4,317 4.73%

    Cwm Partners L.p. lent most frequently to those with DTI ratios of 30-36%, with 78 originations. The next most common DTI ratio? 20-30%, with 59 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 297 $54,095,000 $182,138 $3,843 4.65%
    American Indian 24 $4,780,000 $199,167 $4,951 4.53%
    Black 18 $3,540,000 $196,667 $4,132 4.54%
    Asian 16 $2,840,000 $177,500 $2,731 4.51%
    Not provided 11 $2,365,000 $215,000 $4,896 4.44%
    Native Hawaiian or Islander 3 $425,000 $141,667 $3,104 4.75%
    Filipino 1 $245,000 $245,000 $6,667 3.63%
    Not applicable 1 $105,000 $105,000 $2,148 3.75%

    Approval Rates

    Total approvals of all applications
    94.74%

    Cwm Partners L.p. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    69.54%

    Cwm Partners L.p. 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 371 $68,395,000 $184,353

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 371 $68,395,000 $184,353

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 5 $435,000 $87,000 $2,576 4.80%
    40-60% 10 $1,610,000 $161,000 $2,647 4.80%
    60-80% 53 $9,975,000 $188,208 $2,998 4.68%
    80-100% 278 $51,160,000 $184,029 $3,935 4.63%
    Over 100% 25 $5,215,000 $208,600 $6,323 4.25%