Kbhs Home Loans Mortgage Rates, Fees & Info

DOVER, DE

LEI: 5493002QI2ILHHZH8D20

Tax ID: 81-3798202

1.6 stars - out of 5 stars, based on 98 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Kbhs Home Loans is a mid-sized mortgage company specializing in Home Purchase loans. Kbhs Home Loans 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 include Riverside, Las Vegas, Austin, San Antonio, and Denver among others. Kbhs Home Loans has a below average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Kbhs Home Loans is typically a high fee lendor.


Originations

9,606

Origination Dollar Volume (All Markets)

$3,233,020,000

Awards

KBHS HOME LOANS  30 Year Conventional Loans silver KBHS HOME LOANS  30 Year Conventional Loans silver KBHS HOME LOANS  30 Year Conventional Loans bronze
Show all (3) awards

Relative Rate

Kbhs Home Loans 's average 30 year fixed rate mortgage of loans were 3.05%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.1%.

Relative Fees

Kbhs Home Loans 's average total fees for a 30 year fixed rate mortgage are $8,433.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 837 $370,915,000 $443,148 $9,801 2.80%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 1,082 $367,110,000 $339,288 $7,439 3.00%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 903 $235,975,000 $261,323 $7,688 2.89%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 917 $235,875,000 $257,225 $7,914 3.12%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 512 $208,630,000 $407,480 $6,871 2.85%
JACKSONVILLE, FL (FHA|USDA|VA) 724 $178,750,000 $246,892 $9,037 3.02%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 269 $169,325,000 $629,461 $10,370 2.91%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 345 $154,565,000 $448,014 $8,986 3.02%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 763 $149,615,000 $196,088 $8,130 2.68%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 186 $140,630,000 $756,075 $8,701 2.95%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 445 $127,845,000 $287,292 $8,481 3.26%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 410 $101,930,000 $248,610 $7,619 2.78%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 165 $101,085,000 $612,636 $9,212 2.88%
TUCSON, AZ (FHA|USDA|VA) 323 $66,885,000 $207,074 $9,128 2.48%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 240 $64,500,000 $268,750 $8,438 3.27%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 102 $62,030,000 $608,137 $9,756 2.90%
STOCKTON, CA (FHA|USDA|VA) 146 $60,080,000 $411,507 $9,298 2.87%
FRESNO, CA (FHA|USDA|VA) 130 $46,560,000 $358,154 $8,210 3.13%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 152 $46,420,000 $305,395 $7,671 3.14%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 77 $41,955,000 $544,870 $11,528 2.87%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 115 $32,265,000 $280,565 $8,947 3.13%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 106 $30,960,000 $292,075 $9,026 3.14%
MODESTO, CA (FHA|USDA|VA) 76 $29,330,000 $385,921 $9,426 2.86%
SALINAS, CA (FHA|USDA|VA) 47 $26,855,000 $571,383 $14,509 2.90%
MADERA, CA (FHA|USDA|VA) 84 $25,190,000 $299,881 $9,128 2.90%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 48 $22,140,000 $461,250 $10,212 2.73%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 45 $21,425,000 $476,111 $6,066 2.90%
RALEIGH-CARY, NC (FHA|USDA|VA) 71 $19,995,000 $281,620 $5,096 3.18%
GREELEY, CO (FHA|USDA|VA) 39 $15,485,000 $397,051 $7,384 2.80%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 44 $12,040,000 $273,636 $7,518 3.28%
BOULDER, CO (FHA|USDA|VA) 29 $12,015,000 $414,310 $5,638 2.82%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 18 $9,460,000 $525,556 $8,747 2.96%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 28 $7,590,000 $271,071 $5,196 3.14%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 26 $7,580,000 $291,538 $8,059 3.07%
FORT COLLINS, CO (FHA|USDA|VA) 21 $7,485,000 $356,429 $7,498 2.93%
VALLEJO, CA (FHA|USDA|VA) 16 $6,440,000 $402,500 $7,246 2.58%
FAYETTEVILLE, NC (FHA|USDA|VA) 22 $6,400,000 $290,909 $5,583 2.97%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 18 $3,060,000 $170,000 $6,665 3.12%
RENO, NV (FHA|USDA|VA) 4 $1,610,000 $402,500 $5,694 3.12%
PORT ST. LUCIE, FL (FHA|USDA|VA) 6 $1,360,000 $226,667 $6,401 3.19%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 4 $980,000 $245,000 $6,124 3.34%
MERCED, CA (FHA|USDA|VA) 4 $860,000 $215,000 $10,548 2.00%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $555,000 $555,000 $3,818 3.63%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 3 $405,000 $135,000 $6,954 2.38%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $305,000 $305,000 $3,568 3.25%
Outside of Metro Areas 1 $295,000 $295,000 $2,740 3.50%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $255,000 $255,000 $0 4.63%

Kbhs Home Loans 's top markets include Riverside, Las Vegas, Austin, San Antonio, and Denver among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 6,061 $2,048,905,000 $338,047 $6,618 2.82%
FHA 2,310 $726,890,000 $314,671 $11,911 3.26%
VA 1,124 $427,780,000 $380,587 $9,292 2.91%
USDA 111 $29,445,000 $265,270 $8,622 3.04%

For the 2021 period, Kbhs Home Loans 's most frequently originated loan type of loans were Conventional, with 6,061 originations. Their 2nd most popular type is FHA, with 2,310 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 9,548 $3,208,560,000 $336,045 $8,396 2.94%
Refi 35 $16,125,000 $460,714 $4,648 3.03%
Cash Out Refi 23 $8,335,000 $362,391 $4,941 3.24%

For the 2021, Kbhs Home Loans 's most frequently cited loan purpose of loans were Home Purchase, with 9,548 originations. The 2nd most popular reason of loans were Refi, with 35 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 9,072 $3,166,620,000 $349,054 $8,433 3.05%
3 Year 276 $2,380,000 $8,623 $0 0.00%
15 Year 186 $48,180,000 $259,032 $5,732 2.42%
20 Year 44 $12,650,000 $287,500 $6,971 2.81%
10 Year 11 $1,705,000 $155,000 $4,540 2.45%
5 Year 9 $65,000 $7,222 $0 0.00%
Other 8 $1,420,000 $177,500 $19,380 1.22%

For the 2021, Kbhs Home Loans 's most frequently cited loan length of loans were 30 Year, with 9,072 originations. The 2nd most popular length of loans were 3 Year, with 276 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 4,404 $1,565,690,000 $355,515
$3k-4k 1,736 $578,310,000 $333,128
$2k-3k 1,167 $391,225,000 $335,240
$5k+ 1,164 $480,770,000 $413,033
$<1k 739 $129,505,000 $175,244

$8,433 of loans were Kbhs Home Loans 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 4,404 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 4,404 $1,457,900,000 $331,040
2.5-3% 3,944 $1,499,280,000 $380,142
<2.5% 1,090 $228,820,000 $209,927
4-5% 167 $46,525,000 $278,593
5-6% 1 $495,000 $495,000

During 2021, Kbhs Home Loans 's average interest rate of loans were 3.05%, while their most frequently originated rate bucket of loans were 3-4%, with 4,404 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 5,914 $1,717,660,000 $290,440 $8,133 3.16%
$400k-600k 2,086 $999,810,000 $479,295 $8,982 2.97%
$100,000 or less 558 $8,520,000 $15,269 $4,307 0.36%
$600k-1MM 538 $389,860,000 $724,647 $10,694 2.93%
$100k-200k 480 $81,530,000 $169,854 $5,998 3.10%
$1MM+ 30 $35,640,000 $1,188,000 $11,806 2.73%

2021 saw Kbhs Home Loans place emphasis on $200k-400k loans with 5,914 originations, totaling $1,717,660,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 2,553 $981,385,000 $384,405 $8,570 2.99%
$50k-75k 2,523 $648,865,000 $257,180 $8,264 2.87%
$75k-100k 2,326 $728,150,000 $313,048 $8,608 2.95%
$150k-250k 1,208 $571,590,000 $473,171 $8,167 3.01%
$50k or less 651 $128,275,000 $197,043 $7,547 2.76%
$250k+ 345 $174,755,000 $506,536 $8,251 3.10%

Kbhs Home Loans lent most frequently to those with incomes in the $100k-150k range, with 2,553 originations. The second most popular income band? $50k-75k, with 2,523 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
30-36% 1,554 $542,530,000 $349,118 $7,635 3.00%
20-30% 1,381 $459,725,000 $332,893 $7,081 2.94%
50-60% 989 $342,125,000 $345,930 $11,427 3.12%
<20% 548 $82,570,000 $150,675 $6,379 1.52%
44% 493 $172,405,000 $349,706 $8,596 3.05%
43% 454 $157,780,000 $347,533 $8,229 3.07%
42% 392 $145,790,000 $371,913 $8,722 3.11%
40% 384 $129,970,000 $338,464 $8,104 3.01%
39% 377 $133,585,000 $354,337 $8,237 3.00%
49% 373 $135,715,000 $363,847 $8,576 3.11%
41% 363 $131,975,000 $363,567 $8,160 3.02%
38% 340 $119,530,000 $351,559 $8,235 3.05%
48% 340 $116,200,000 $341,765 $8,956 3.10%
36% 325 $113,155,000 $348,169 $8,068 2.93%
47% 320 $115,360,000 $360,500 $8,414 3.02%
37% 308 $107,690,000 $349,643 $7,726 3.07%
45% 299 $104,255,000 $348,679 $8,691 3.07%
46% 294 $100,500,000 $341,837 $8,782 3.10%
>60% 44 $17,750,000 $403,409 $10,340 2.80%

Kbhs Home Loans lent most frequently to those with DTI ratios of 30-36%, with 1,554 originations. The next most common DTI ratio? 20-30%, with 1,381 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 4,661 $1,480,475,000 $317,630 $8,300 2.95%
Not provided 2,021 $679,995,000 $336,465 $8,491 2.92%
Asian 1,348 $537,480,000 $398,724 $7,757 2.95%
Black 1,078 $330,150,000 $306,262 $9,407 2.91%
Filipino 130 $58,550,000 $450,385 $9,142 2.99%
Asian Indian 139 $57,235,000 $411,763 $6,646 3.00%
American Indian 60 $20,120,000 $335,333 $8,256 2.81%
Chinese 40 $19,480,000 $487,000 $7,736 2.99%
Native Hawaiian 37 $14,345,000 $387,703 $8,551 3.07%
Other Asian 34 $11,700,000 $344,118 $7,091 3.12%
Japanese 16 $7,270,000 $454,375 $8,911 2.99%
Korean 15 $6,165,000 $411,000 $9,032 2.80%
Vietnamese 15 $6,105,000 $407,000 $8,800 3.00%
Guamanian 5 $1,865,000 $373,000 $4,972 3.15%
Other Pacific Islander 6 $1,540,000 $256,667 $6,539 2.81%
Samoan 1 $545,000 $545,000 $5,798 2.75%

Approval Rates

Total approvals of all applications
68.76%

Kbhs Home Loans has a low approval rate. They may have poor market targeting or stringent lending standards.

Pick Rate

Approvals leading to origination
86.59%

Kbhs Home Loans has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 9,606 $3,233,020,000 $336,563

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
9,606 $3,233,020,000 $336,563

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 101 $15,495,000 $153,416 $5,217 2.86%
40-60% 299 $86,565,000 $289,515 $6,189 2.92%
60-80% 1,569 $593,025,000 $377,964 $6,882 3.06%
80-100% 6,660 $2,359,740,000 $354,315 $8,415 3.13%
Over 100% 436 $170,550,000 $391,170 $14,693 2.90%
Under 20% 541 $7,645,000 $14,131 $4,726 0.27%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
KBHS Home Loans, LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
KBHS Home Loans, LLC FHA mortgage Closing on a mortgage 1 50.0%