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 6 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% 12/3/24
    30 Year Conventional Refi 6.95% 12/3/24
    30 Year Cash-out Refi 7.09% 12/3/24
    30 Year FHA Purchase 7.32% 12/3/24
    30 Year FHA Refi 6.27% 12/3/24
    30 Year VA Purchase 6.19% 12/3/24
    30 Year USDA Purchase 6.74% 12/3/24
    15 Year Conventional Purchase 5.93% 12/3/24
    15 Year Conventional Refi 5.68% 12/3/24
    15 Year Cash-out Refi 5.68% 12/3/24
    15 Year FHA Purchase 7.03% 12/3/24
    15 Year VA Refi 5.68% 12/3/24
    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

    463

    Origination Dollar Volume (All Markets)

    $101,405,000
    Show all (10) 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) 413 $90,995,000 $220,327 $3,994 2.82%
    Stillwater, OK (FHA|USDA|VA) 26 $6,100,000 $234,615 $4,251 2.78%
    Weatherford, OK (FHA|USDA|VA) 16 $2,930,000 $183,125 $4,433 2.66%
    Outside of Metro Areas 4 $630,000 $157,500 $4,509 2.66%
    Shawnee, OK (FHA|USDA|VA) 3 $495,000 $165,000 $5,261 2.67%
    Duncan, OK (FHA|USDA|VA) 1 $255,000 $255,000 $2,128 3.13%
    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: 208
    WEOKIE
    Similarity Rank: 432
    American Bank of Oklahoma
    Similarity Rank: 459
    TTCU Federal Credit Union
    Similarity Rank: 518
    TRUE SKY
    Similarity Rank: 550
    ALLEGIANCE
    Similarity Rank: 657
    CWM PARTNERS, L.P.
    Similarity Rank: 678
    MORTGAGE CLEARING CORPORATION
    Similarity Rank: 728
    InterBank
    Similarity Rank: 841
    US Employees O.C. Federal Credit Union
    Similarity Rank: 1222

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 314 $66,690,000 $212,389 $3,168 2.89%
    FHA 76 $16,320,000 $214,737 $7,177 2.76%
    VA 67 $17,545,000 $261,866 $4,450 2.52%
    USDA 6 $850,000 $141,667 $4,762 2.50%

    For 2021, Cwm Partners L.p.'s most frequently originated type of loan was Conventional, with 314 originations. Their 2nd most popular type was FHA, with 76 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 395 $88,475,000 $223,987 $4,143 2.84%
    Refi 68 $12,930,000 $190,147 $3,389 2.66%

    For 2021, Cwm Partners L.p.'s most frequently cited loan purpose was Home Purchase, with 395 originations. The 2nd most popular reason was Refi, with 68 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 411 $91,985,000 $223,808 $4,157 2.86%
    15 Year 40 $6,800,000 $170,000 $3,082 2.35%
    20 Year 9 $1,875,000 $208,333 $2,919 2.76%
    10 Year 2 $340,000 $170,000 $2,714 2.50%
    Other 1 $405,000 $405,000 $3,389 2.88%

    For 2021, Cwm Partners L.p.'s most frequently cited loan duration was 30 Year, with 411 originations. The 2nd most popular length was 15 Year, with 40 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 276 $58,570,000 $212,210
    $1k-2k 164 $38,110,000 $232,378
    $2k-3k 23 $4,725,000 $205,435

    Cwm Partners L.p.'s average total fees were $4,157, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 276 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 230 $50,510,000 $219,609
    <2.5% 130 $29,660,000 $228,154
    3-4% 97 $20,095,000 $207,165
    4-5% 6 $1,140,000 $190,000

    During 2021, Cwm Partners L.p.'s average interest rate for loans was 2.86%, while their most frequently originated rate bucket for loans was 2.5-3%, with 230 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 248 $63,530,000 $256,169 $4,419 2.78%
    $100k-200k 180 $29,460,000 $163,667 $3,499 2.83%
    $100,000 or less 20 $1,570,000 $78,500 $3,136 2.97%
    $400k-600k 15 $6,845,000 $456,333 $5,245 2.88%

    2021 saw Cwm Partners L.p. place emphasis on $200k-400k loans with 248 originations, totaling $63,530,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 149 $30,455,000 $204,396 $4,434 2.83%
    $75k-100k 104 $23,070,000 $221,827 $4,107 2.77%
    $100k-150k 97 $24,955,000 $257,268 $3,689 2.70%
    $50k or less 69 $10,605,000 $153,696 $3,772 2.88%
    $150k-250k 36 $10,040,000 $278,889 $3,718 3.00%
    $250k+ 7 $1,885,000 $269,286 $3,413 2.91%

    Cwm Partners L.p. lent most frequently to those with incomes in the $50k-75k range, with 149 originations. The second most popular income band? $75k-100k, with 104 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 131 $27,375,000 $208,969 $3,525 2.79%
    30-36% 87 $19,425,000 $223,276 $4,001 2.84%
    <20% 30 $6,210,000 $207,000 $3,448 2.66%
    42% 27 $6,235,000 $230,926 $4,987 2.94%
    36% 20 $4,700,000 $235,000 $4,229 2.87%
    41% 19 $3,855,000 $202,895 $3,304 2.88%
    43% 17 $4,115,000 $242,059 $4,973 3.09%
    39% 16 $3,860,000 $241,250 $4,292 2.98%
    44% 16 $3,120,000 $195,000 $3,984 2.79%
    50-60% 15 $3,545,000 $236,333 $6,964 2.55%
    38% 15 $3,015,000 $201,000 $3,518 2.82%
    37% 15 $3,395,000 $226,333 $3,485 2.77%
    45% 12 $3,220,000 $268,333 $5,435 2.60%
    40% 12 $2,600,000 $216,667 $4,078 2.93%
    47% 10 $2,050,000 $205,000 $3,666 2.81%
    46% 7 $1,625,000 $232,143 $5,900 2.73%
    49% 7 $1,305,000 $186,429 $3,653 2.73%
    48% 6 $1,360,000 $226,667 $4,015 2.58%

    Cwm Partners L.p. lent most frequently to those with DTI ratios of 20-30%, with 131 originations. The next most common DTI ratio? 30-36%, with 87 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 344 $74,890,000 $217,703 $4,017 2.81%
    Asian 36 $7,870,000 $218,611 $3,602 2.85%
    Not provided 32 $6,850,000 $214,063 $4,069 2.86%
    Black 24 $6,050,000 $252,083 $5,353 2.86%
    American Indian 22 $4,610,000 $209,545 $3,413 2.69%
    Native Hawaiian or Islander 2 $450,000 $225,000 $4,810 2.88%
    Asian Indian 2 $450,000 $225,000 $3,427 3.06%
    Japanese 1 $235,000 $235,000 $5,290 2.75%

    Approval Rates

    Total approvals of all applications
    96.33%

    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
    80.99%

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

    Points and Fees

    Points Originations Total Value Average Loan
    NA 463 $101,405,000 $219,017

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    463 $101,405,000 $219,017

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $550,000 $137,500 $3,365 2.59%
    40-60% 21 $2,845,000 $135,476 $2,988 2.64%
    60-80% 95 $18,595,000 $195,737 $3,034 2.84%
    80-100% 328 $75,480,000 $230,122 $4,171 2.83%
    Over 100% 14 $3,890,000 $277,857 $9,449 2.64%
    Under 20% 1 $45,000 $45,000 $2,306 2.63%