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

AUSTIN, TX

LEI: 5493002H3RKHKUQU7R78

Tax ID: 76-0644857

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Mortgage Data

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, Tulsa, and Ardmore among others. We have data for 10 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.

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.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.73% 3/28/24
30 Year Conventional Refi 6.95% 3/28/24
30 Year Cash-out Refi 7.09% 3/28/24
30 Year FHA Purchase 7.32% 3/28/24
30 Year FHA Refi 6.27% 3/28/24
30 Year VA Purchase 6.19% 3/28/24
30 Year USDA Purchase 6.74% 3/28/24
15 Year Conventional Purchase 5.93% 3/28/24
15 Year Conventional Refi 5.68% 3/28/24
15 Year Cash-out Refi 5.68% 3/28/24
15 Year FHA Purchase 7.03% 3/28/24
15 Year VA Refi 5.68% 3/28/24
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

424

Origination Dollar Volume (All Markets)

$82,340,000

Awards

CWM PARTNERS L.P. 30 Year Conventional Loans bronze CWM PARTNERS L.P. VA Loans gold CWM PARTNERS L.P. VA Loans silver CWM PARTNERS L.P. VA Loans bronze
Show all (4) 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) 387 $76,235,000 $196,990 $4,156 4.02%
Stillwater, OK (FHA|USDA|VA) 14 $2,690,000 $192,143 $3,686 3.98%
Weatherford, OK (FHA|USDA|VA) 6 $1,230,000 $205,000 $5,154 3.81%
Outside of Metro Areas 10 $1,160,000 $116,000 $4,511 4.44%
TULSA, OK (FHA|USDA|VA) 2 $300,000 $150,000 $5,811 4.06%
Ardmore, OK (FHA|USDA|VA) 1 $265,000 $265,000 $3,827 3.25%
Shawnee, OK (FHA|USDA|VA) 1 $165,000 $165,000 $5,010 4.50%
ENID, OK (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.00%
McAlester, OK (FHA|USDA|VA) 1 $95,000 $95,000 $270 5.38%
Duncan, OK (FHA|USDA|VA) 1 $85,000 $85,000 $4,922 5.13%
Cwm Partners L.p.'s top markets include Oklahoma City, Stillwater, Weatherford, Tulsa, and Ardmore 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.

    TRUE SKY
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 219 $43,265,000 $197,557 $3,201 4.13%
    FHA 115 $20,645,000 $179,522 $6,084 4.06%
    VA 82 $17,470,000 $213,049 $3,934 3.72%
    USDA 8 $960,000 $120,000 $4,403 4.22%

    For 2019, Cwm Partners L.p.'s most frequently originated type of loan was Conventional, with 219 originations. Their 2nd most popular type was FHA, with 115 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 396 $75,820,000 $191,465 $4,189 4.04%
    Refi 20 $5,040,000 $252,000 $3,885 3.88%
    Cash Out Refi 6 $1,160,000 $193,333 $3,310 3.92%
    Home Improvement 2 $320,000 $160,000 $2,690 4.63%

    For 2019, Cwm Partners L.p.'s most frequently cited loan purpose was Home Purchase, with 396 originations. The 2nd most popular reason was Refi, with 20 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 385 $74,205,000 $192,740 $4,243 4.07%
    15 Year 26 $5,680,000 $218,462 $3,221 3.71%
    20 Year 10 $2,190,000 $219,000 $3,577 3.66%
    10 Year 3 $265,000 $88,333 $2,892 3.83%

    For 2019, Cwm Partners L.p.'s most frequently cited loan duration was 30 Year, with 385 originations. The 2nd most popular length was 15 Year, with 26 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 364 $71,140,000 $195,440
    $1k-2k 50 $9,390,000 $187,800
    $2k-3k 3 $395,000 $131,667
    $3k-4k 1 $195,000 $195,000
    $5k+ 1 $245,000 $245,000

    Cwm Partners L.p.'s average total fees were $4,243, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 364 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 238 $49,230,000 $206,849
    4-5% 170 $30,860,000 $181,529
    5-6% 16 $2,250,000 $140,625

    During 2019, Cwm Partners L.p.'s average interest rate for loans was 4.07%, while their most frequently originated rate bucket for loans was 3-4%, with 238 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 242 $38,970,000 $161,033 $4,064 4.11%
    $200k-400k 147 $37,655,000 $256,156 $4,437 3.87%
    $100,000 or less 27 $2,165,000 $80,185 $3,188 4.35%
    $400k-600k 8 $3,550,000 $443,750 $4,997 3.80%

    2019 saw Cwm Partners L.p. place emphasis on $100k-200k loans with 242 originations, totaling $38,970,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 148 $26,020,000 $175,811 $4,051 4.06%
    $50k or less 89 $13,225,000 $148,596 $4,075 4.10%
    $75k-100k 77 $15,385,000 $199,805 $4,528 3.98%
    $100k-150k 71 $17,385,000 $244,859 $4,406 3.98%
    $150k-250k 29 $7,705,000 $265,690 $3,611 4.02%
    $250k+ 10 $2,620,000 $262,000 $3,290 3.99%

    Cwm Partners L.p. lent most frequently to those with incomes in the $50k-75k range, with 148 originations. The second most popular income band? $50k or less, with 89 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 95 $17,455,000 $183,737 $3,640 3.96%
    30-36% 68 $13,320,000 $195,882 $4,281 4.15%
    41% 28 $5,020,000 $179,286 $3,986 4.02%
    50-60% 23 $4,325,000 $188,043 $5,952 3.83%
    <20% 23 $4,685,000 $203,696 $3,363 4.09%
    39% 22 $4,610,000 $209,545 $4,068 4.12%
    42% 20 $3,480,000 $174,000 $4,008 4.10%
    43% 17 $3,915,000 $230,294 $4,502 3.83%
    38% 16 $3,150,000 $196,875 $3,897 4.17%
    40% 16 $2,800,000 $175,000 $4,833 3.92%
    48% 15 $3,075,000 $205,000 $5,931 4.10%
    44% 15 $3,115,000 $207,667 $4,331 3.93%
    36% 14 $2,580,000 $184,286 $4,105 4.16%
    37% 14 $2,930,000 $209,286 $4,082 4.21%
    49% 11 $2,295,000 $208,636 $3,457 3.94%
    46% 10 $2,110,000 $211,000 $4,260 4.21%
    45% 8 $1,660,000 $207,500 $3,397 3.95%
    47% 5 $855,000 $171,000 $3,875 4.40%
    >60% 1 $205,000 $205,000 $98 3.38%

    Cwm Partners L.p. lent most frequently to those with DTI ratios of 20-30%, with 95 originations. The next most common DTI ratio? 30-36%, with 68 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 339 $66,315,000 $195,619 $4,125 4.04%
    Black 28 $4,990,000 $178,214 $4,280 3.96%
    Not provided 22 $4,390,000 $199,545 $4,206 3.90%
    American Indian 22 $3,900,000 $177,273 $4,771 4.15%
    Asian 11 $2,435,000 $221,364 $3,402 3.88%
    Asian Indian 1 $185,000 $185,000 $2,809 3.75%
    Native Hawaiian or Islander 1 $125,000 $125,000 $5,639 5.13%

    Approval Rates

    Total approvals of all applications
    95.22%

    Cwm Partners L.p. 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
    73.58%

    Cwm Partners L.p. has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 424 $82,340,000 $194,198

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 424 $82,340,000 $194,198

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $340,000 $85,000 $2,292 3.81%
    40-60% 12 $2,340,000 $195,000 $2,973 3.78%
    60-80% 77 $15,155,000 $196,818 $3,221 4.14%
    80-100% 310 $59,960,000 $193,419 $4,256 4.04%
    Over 100% 20 $4,490,000 $224,500 $7,174 3.72%
    Under 20% 1 $55,000 $55,000 $3,089 3.63%