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 Tulsa among others. We have data for 7 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 an average 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% 11/17/24
    30 Year Conventional Refi 6.95% 11/17/24
    30 Year Cash-out Refi 7.09% 11/17/24
    30 Year FHA Purchase 7.32% 11/17/24
    30 Year FHA Refi 6.27% 11/17/24
    30 Year VA Purchase 6.19% 11/17/24
    30 Year USDA Purchase 6.74% 11/17/24
    15 Year Conventional Purchase 5.93% 11/17/24
    15 Year Conventional Refi 5.68% 11/17/24
    15 Year Cash-out Refi 5.68% 11/17/24
    15 Year FHA Purchase 7.03% 11/17/24
    15 Year VA Refi 5.68% 11/17/24
    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

    299

    Origination Dollar Volume (All Markets)

    $77,805,000
    Show all (6) 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) 264 $69,250,000 $262,311 $5,006 4.67%
    Stillwater, OK (FHA|USDA|VA) 20 $5,600,000 $280,000 $5,799 5.06%
    Weatherford, OK (FHA|USDA|VA) 9 $1,755,000 $195,000 $5,471 5.15%
    Outside of Metro Areas 3 $635,000 $211,667 $6,398 4.38%
    Shawnee, OK (FHA|USDA|VA) 1 $235,000 $235,000 $3,771 4.88%
    TULSA, OK (FHA|USDA|VA) 1 $175,000 $175,000 $3,463 5.13%
    Ponca City, OK (FHA|USDA|VA) 1 $155,000 $155,000 $7,637 5.88%
    Cwm Partners L.p.'s top markets include Oklahoma City, Stillwater, Weatherford, Shawnee, and Tulsa 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.

    WEOKIE
    Similarity Rank: 165
    ALLEGIANCE
    Similarity Rank: 176
    TRUE SKY
    Similarity Rank: 192
    Vision Bank
    Similarity Rank: 300
    Municipal Employees Credit Union of Oklahoma City
    Similarity Rank: 369
    SENTE MORTGAGE, INC.
    Similarity Rank: 624
    STAR ONE CREDIT UNION
    Similarity Rank: 725
    Oklahoma Educators Credit Union
    Similarity Rank: 994
    CWM PARTNERS, L.P.
    Similarity Rank: 1113
    TTCU Federal Credit Union
    Similarity Rank: 1340

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 208 $51,330,000 $246,779 $3,996 4.83%
    VA 57 $17,605,000 $308,860 $6,878 4.36%
    FHA 32 $8,500,000 $265,625 $8,858 4.54%
    USDA 2 $370,000 $185,000 $6,599 5.44%

    For 2022, Cwm Partners L.p.'s most frequently originated type of loan was Conventional, with 208 originations. Their 2nd most popular type was VA, with 57 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 294 $76,560,000 $260,408 $5,116 4.72%
    Refi 4 $980,000 $245,000 $3,161 3.97%
    Cash Out Refi 1 $265,000 $265,000 $4,207 6.13%

    For 2022, Cwm Partners L.p.'s most frequently cited loan purpose was Home Purchase, with 294 originations. The 2nd most popular reason was Refi, with 4 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 285 $74,415,000 $261,105 $5,111 4.74%
    15 Year 12 $3,010,000 $250,833 $4,888 4.20%
    20 Year 2 $380,000 $190,000 $2,849 3.50%

    For 2022, Cwm Partners L.p.'s most frequently cited loan duration was 30 Year, with 285 originations. The 2nd most popular length was 15 Year, with 12 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 133 $33,725,000 $253,571
    $<1k 120 $31,410,000 $261,750
    $5k+ 19 $5,475,000 $288,158
    $2k-3k 17 $4,025,000 $236,765
    $3k-4k 8 $2,590,000 $323,750
    $4k-5k 1 $245,000 $245,000

    Cwm Partners L.p.'s average total fees were $5,111, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 133 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 90 $22,960,000 $255,111
    4-5% 75 $18,905,000 $252,067
    5-6% 74 $19,350,000 $261,486
    6-7% 38 $10,680,000 $281,053
    2.5-3% 13 $3,735,000 $287,308
    7-8% 6 $1,540,000 $256,667
    <2.5% 3 $635,000 $211,667

    During 2022, Cwm Partners L.p.'s average interest rate for loans was 4.74%, while their most frequently originated rate bucket for loans was 3-4%, with 90 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 223 $62,025,000 $278,139 $5,404 4.72%
    $100k-200k 58 $9,340,000 $161,034 $3,680 4.58%
    $400k-600k 14 $6,120,000 $437,143 $6,148 4.78%
    $100,000 or less 4 $320,000 $80,000 $4,170 6.03%

    2022 saw Cwm Partners L.p. place emphasis on $200k-400k loans with 223 originations, totaling $62,025,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 80 $22,040,000 $275,500 $4,947 4.81%
    $75k-100k 76 $19,870,000 $261,447 $5,331 4.70%
    $50k-75k 69 $16,625,000 $240,942 $4,867 4.47%
    $50k or less 32 $5,670,000 $177,188 $4,209 4.52%
    $150k-250k 29 $9,855,000 $339,828 $5,956 5.20%
    $250k+ 13 $3,745,000 $288,077 $5,915 4.89%

    Cwm Partners L.p. lent most frequently to those with incomes in the $100k-150k range, with 80 originations. The second most popular income band? $75k-100k, with 76 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 72 $18,080,000 $251,111 $4,474 4.72%
    30-36% 55 $14,455,000 $262,818 $5,204 4.78%
    <20% 20 $4,710,000 $235,500 $4,820 4.46%
    36% 16 $4,670,000 $291,875 $6,279 4.18%
    41% 16 $4,130,000 $258,125 $5,597 4.98%
    39% 15 $4,295,000 $286,333 $3,967 4.63%
    37% 12 $3,580,000 $298,333 $6,700 4.88%
    42% 10 $2,260,000 $226,000 $5,171 4.40%
    38% 10 $2,360,000 $236,000 $5,458 5.18%
    40% 10 $2,790,000 $279,000 $6,597 4.48%
    44% 10 $2,330,000 $233,000 $4,988 4.60%
    49% 10 $2,400,000 $240,000 $4,630 4.42%
    50-60% 9 $2,545,000 $282,778 $7,598 4.61%
    47% 9 $2,435,000 $270,556 $4,545 4.94%
    46% 7 $1,765,000 $252,143 $4,044 5.41%
    45% 7 $1,895,000 $270,714 $4,742 4.43%
    48% 6 $1,900,000 $316,667 $4,687 5.02%
    43% 4 $800,000 $200,000 $3,449 5.59%
    >60% 1 $405,000 $405,000 $5,544 4.75%

    Cwm Partners L.p. lent most frequently to those with DTI ratios of 20-30%, with 72 originations. The next most common DTI ratio? 30-36%, with 55 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 210 $52,650,000 $250,714 $4,894 4.64%
    Not provided 28 $8,010,000 $286,071 $6,690 4.89%
    Asian 22 $6,290,000 $285,909 $3,977 4.82%
    Black 19 $5,575,000 $293,421 $6,526 5.23%
    American Indian 19 $4,945,000 $260,263 $4,723 4.66%
    Asian Indian 1 $335,000 $335,000 $3,489 3.88%

    Approval Rates

    Total approvals of all applications
    96.77%

    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
    69.57%

    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 299 $77,805,000 $260,217

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    299 $77,805,000 $260,217

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 4 $450,000 $112,500 $3,260 4.81%
    40-60% 18 $2,900,000 $161,111 $3,275 4.46%
    60-80% 65 $15,305,000 $235,462 $4,261 5.19%
    80-100% 191 $52,375,000 $274,215 $5,024 4.61%
    Over 100% 21 $6,775,000 $322,619 $10,070 4.41%