Top Flite Financial Mortgage Rates, Fees & Info

WILLIAMSTON, MI

LEI: 54930030Z1JWTP3SVD16

Tax ID: 13-4225190

1 stars - out of 5 stars, based on 55 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Top Flite Financial is a smaller mortgage company specializing in Home Purchase, Cash Out Refi, and Refi loans. Top Flite Financial has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Seattle, Phoenix, Grand Rapids, Atlanta, and Los Angeles among others. They have an average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Top Flite Financial is typically a high fee lendor.


Originations

3,008

Origination Dollar Volume (All Markets)

$688,620,000

Awards

TOP FLITE FINANCIAL  FHA Loans silver TOP FLITE FINANCIAL  FHA Loans bronze TOP FLITE FINANCIAL  30 Year Conventional Loans bronze
Show all (3) awards

Relative Rate

Top Flite Financial 's average 30 year fixed rate mortgage of loans were 3.27%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.09%.

Relative Fees

Top Flite Financial 's average total fees for a 30 year fixed rate mortgage are $7,822.

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 $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 607 $97,425,000 $160,502 $6,147 3.34%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 221 $89,325,000 $404,186 $10,315 2.97%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 295 $75,825,000 $257,034 $5,305 3.12%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 158 $29,400,000 $186,076 $6,136 3.32%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 106 $23,240,000 $219,245 $9,805 3.26%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 42 $16,660,000 $396,667 $16,397 3.15%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 68 $14,150,000 $208,088 $6,196 3.35%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 45 $13,455,000 $299,000 $11,074 3.34%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 66 $12,050,000 $182,576 $5,361 3.23%
GARY, IN (FHA|USDA|VA) 53 $11,885,000 $224,245 $4,342 3.26%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 36 $10,140,000 $281,667 $8,133 2.94%
ST. LOUIS, MO-IL (FHA|USDA|VA) 52 $9,110,000 $175,192 $7,192 3.22%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 20 $8,990,000 $449,500 $17,092 3.23%
AKRON, OH (FHA|USDA|VA) 51 $8,835,000 $173,235 $5,129 3.34%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 32 $8,750,000 $273,438 $11,122 3.39%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 30 $8,680,000 $289,333 $13,347 3.25%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 20 $8,640,000 $432,000 $15,101 3.12%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 40 $8,610,000 $215,250 $3,957 3.23%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 34 $8,520,000 $250,588 $6,565 3.11%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 40 $8,430,000 $210,750 $9,393 3.28%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 44 $6,870,000 $156,136 $5,309 3.13%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 14 $6,310,000 $450,714 $12,582 3.28%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 29 $6,205,000 $213,966 $10,015 3.03%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 27 $5,565,000 $206,111 $10,111 3.30%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 30 $5,200,000 $173,333 $8,326 3.34%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 19 $5,055,000 $266,053 $8,584 3.22%
KNOXVILLE, TN (FHA|USDA|VA) 27 $5,035,000 $186,481 $6,440 3.25%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 18 $4,930,000 $273,889 $5,362 2.85%
SALEM, OR (FHA|USDA|VA) 16 $4,760,000 $297,500 $5,161 3.25%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 9 $4,355,000 $483,889 $19,673 2.96%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 16 $4,290,000 $268,125 $5,507 3.13%
TUCSON, AZ (FHA|USDA|VA) 24 $4,260,000 $177,500 $5,735 3.28%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 15 $4,245,000 $283,000 $13,639 3.02%
OWENSBORO, KY (FHA|USDA|VA) 32 $4,140,000 $129,375 $6,176 3.63%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 10 $4,120,000 $412,000 $8,418 3.16%
EVANSVILLE, IN-KY (FHA|USDA|VA) 22 $3,580,000 $162,727 $6,753 3.43%
HOT SPRINGS, AR (FHA|USDA|VA) 18 $3,430,000 $190,556 $4,554 3.12%
FRESNO, CA (FHA|USDA|VA) 13 $3,375,000 $259,615 $10,102 3.51%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 4 $3,370,000 $842,500 $29,314 2.94%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 13 $3,335,000 $256,538 $12,739 3.28%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 12 $3,180,000 $265,000 $12,846 3.08%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 13 $3,175,000 $244,231 $7,828 3.00%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 14 $3,130,000 $223,571 $10,319 3.14%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 13 $2,885,000 $221,923 $11,866 3.09%
BOWLING GREEN, KY (FHA|USDA|VA) 15 $2,835,000 $189,000 $7,637 3.20%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 15 $2,825,000 $188,333 $7,604 3.68%
JACKSONVILLE, FL (FHA|USDA|VA) 15 $2,755,000 $183,667 $9,500 3.37%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 13 $2,685,000 $206,538 $10,450 3.15%
AMARILLO, TX (FHA|USDA|VA) 17 $2,645,000 $155,588 $7,277 3.23%
KANSAS CITY, MO-KS (FHA|USDA|VA) 14 $2,500,000 $178,571 $8,645 3.37%
RALEIGH-CARY, NC (FHA|USDA|VA) 11 $2,375,000 $215,909 $7,706 2.83%
CANTON-MASSILLON, OH (FHA|USDA|VA) 12 $2,180,000 $181,667 $6,394 3.33%
COLORADO SPRINGS, CO (FHA|USDA|VA) 9 $2,175,000 $241,667 $9,126 3.46%
PHILADELPHIA, PA (FHA|USDA|VA) 11 $2,145,000 $195,000 $11,449 3.35%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 7 $2,105,000 $300,714 $6,955 3.05%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 10 $1,850,000 $185,000 $9,608 3.23%
PITTSBURGH, PA (FHA|USDA|VA) 9 $1,825,000 $202,778 $10,782 3.43%
MODESTO, CA (FHA|USDA|VA) 7 $1,805,000 $257,857 $12,945 3.25%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 7 $1,795,000 $256,429 $5,452 2.89%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 5 $1,765,000 $353,000 $14,994 3.18%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 10 $1,600,000 $160,000 $5,364 3.19%
VALLEJO, CA (FHA|USDA|VA) 3 $1,585,000 $528,333 $29,574 2.71%
BAKERSFIELD, CA (FHA|USDA|VA) 10 $1,570,000 $157,000 $7,070 3.28%
ASHEVILLE, NC (FHA|USDA|VA) 6 $1,520,000 $253,333 $7,880 3.00%
STOCKTON, CA (FHA|USDA|VA) 6 $1,490,000 $248,333 $9,817 3.13%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 8 $1,440,000 $180,000 $8,234 3.05%
BOULDER, CO (FHA|USDA|VA) 4 $1,410,000 $352,500 $10,812 2.97%
GREELEY, CO (FHA|USDA|VA) 5 $1,405,000 $281,000 $16,138 2.98%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 5 $1,395,000 $279,000 $9,624 2.78%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 6 $1,390,000 $231,667 $11,370 3.04%
JACKSON, MI (FHA|USDA|VA) 9 $1,345,000 $149,444 $7,320 3.36%
PANAMA CITY, FL (FHA|USDA|VA) 7 $1,255,000 $179,286 $5,546 2.75%
COLUMBUS, OH (FHA|USDA|VA) 5 $1,255,000 $251,000 $5,163 3.15%
VISALIA, CA (FHA|USDA|VA) 7 $1,235,000 $176,429 $9,088 3.50%
MUSKEGON, MI (FHA|USDA|VA) 8 $1,220,000 $152,500 $5,824 3.00%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 8 $1,210,000 $151,250 $3,809 3.27%
FORT COLLINS, CO (FHA|USDA|VA) 4 $1,200,000 $300,000 $16,746 3.09%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,195,000 $239,000 $11,354 3.43%
SANTA FE, NM (FHA|USDA|VA) 5 $1,195,000 $239,000 $9,878 4.00%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 4 $1,180,000 $295,000 $7,919 2.97%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 3 $1,055,000 $351,667 $7,865 3.54%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 7 $1,055,000 $150,714 $6,983 3.25%
BELLINGHAM, WA (FHA|USDA|VA) 3 $1,025,000 $341,667 $7,605 3.17%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 4 $1,020,000 $255,000 $6,388 3.63%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 3 $955,000 $318,333 $6,105 2.92%
YORK-HANOVER, PA (FHA|USDA|VA) 4 $950,000 $237,500 $12,452 2.84%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $950,000 $237,500 $9,485 3.19%
OCALA, FL (FHA|USDA|VA) 3 $945,000 $315,000 $13,449 3.42%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 4 $910,000 $227,500 $10,725 3.31%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 5 $905,000 $181,000 $9,674 3.23%
WENATCHEE, WA (FHA|USDA|VA) 3 $895,000 $298,333 $9,308 3.04%
SPRINGFIELD, OH (FHA|USDA|VA) 6 $890,000 $148,333 $5,972 3.23%
FLAGSTAFF, AZ (FHA|USDA|VA) 3 $885,000 $295,000 $4,561 3.46%
PORT ST. LUCIE, FL (FHA|USDA|VA) 5 $875,000 $175,000 $7,077 3.05%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 4 $870,000 $217,500 $5,632 2.59%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 5 $855,000 $171,000 $10,149 3.58%
THE VILLAGES, FL (FHA|USDA|VA) 3 $835,000 $278,333 $8,470 2.92%
LONGVIEW, WA (FHA|USDA|VA) 3 $835,000 $278,333 $7,539 3.50%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 4 $830,000 $207,500 $8,241 2.78%
CHICO, CA (FHA|USDA|VA) 3 $825,000 $275,000 $12,309 3.54%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 6 $780,000 $130,000 $4,300 3.42%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 4 $780,000 $195,000 $10,649 3.06%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 4 $760,000 $190,000 $7,578 2.94%
GAINESVILLE, FL (FHA|USDA|VA) 3 $755,000 $251,667 $8,801 3.04%
JONESBORO, AR (FHA|USDA|VA) 6 $730,000 $121,667 $5,099 3.79%
TALLAHASSEE, FL (FHA|USDA|VA) 4 $710,000 $177,500 $8,497 2.88%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $675,000 $675,000 $34,759 3.13%
WINSTON-SALEM, NC (FHA|USDA|VA) 4 $590,000 $147,500 $7,783 3.00%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 4 $590,000 $147,500 $3,533 3.44%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 2 $580,000 $290,000 $13,073 2.94%
TYLER, TX (FHA|USDA|VA) 2 $580,000 $290,000 $7,750 3.69%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 2 $560,000 $280,000 $12,048 3.31%
MONROE, MI (FHA|USDA|VA) 4 $560,000 $140,000 $3,459 3.06%
LEBANON, PA (FHA|USDA|VA) 2 $540,000 $270,000 $10,579 3.06%
AMES, IA (FHA|USDA|VA) 2 $540,000 $270,000 $3,725 3.13%
JOPLIN, MO (FHA|USDA|VA) 3 $535,000 $178,333 $9,123 3.38%
SPRINGFIELD, MO (FHA|USDA|VA) 3 $505,000 $168,333 $7,023 3.42%
COLUMBUS, GA-AL (FHA|USDA|VA) 3 $505,000 $168,333 $7,303 3.04%
SAN RAFAEL, CA (FHA|USDA|VA) 1 $495,000 $495,000 $16,686 2.63%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1 $485,000 $485,000 $5,930 4.88%
SAVANNAH, GA (FHA|USDA|VA) 2 $480,000 $240,000 $11,165 3.06%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 2 $460,000 $230,000 $10,685 3.63%
BATON ROUGE, LA (FHA|USDA|VA) 3 $455,000 $151,667 $5,983 3.46%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 3 $455,000 $151,667 $7,596 3.13%
FLINT, MI (FHA|USDA|VA) 2 $450,000 $225,000 $7,383 3.00%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 1 $445,000 $445,000 $8,893 3.38%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $440,000 $220,000 $15,195 2.56%
MIDLAND, MI (FHA|USDA|VA) 4 $440,000 $110,000 $3,660 3.25%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 2 $440,000 $220,000 $10,507 3.13%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $430,000 $215,000 $13,701 3.06%
ROCHESTER, MN (FHA|USDA|VA) 2 $430,000 $215,000 $5,768 3.69%
BEND, OR (FHA|USDA|VA) 1 $425,000 $425,000 $15,804 2.50%
EAST STROUDSBURG, PA (FHA|USDA|VA) 3 $405,000 $135,000 $8,878 3.50%
ERIE, PA (FHA|USDA|VA) 3 $395,000 $131,667 $6,484 3.88%
MADERA, CA (FHA|USDA|VA) 2 $380,000 $190,000 $7,829 3.25%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $370,000 $185,000 $10,404 2.38%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 2 $370,000 $185,000 $6,318 3.88%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $365,000 $365,000 $5,300 3.13%
SAGINAW, MI (FHA|USDA|VA) 2 $360,000 $180,000 $8,261 2.88%
READING, PA (FHA|USDA|VA) 2 $360,000 $180,000 $9,330 3.94%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $355,000 $355,000 $12,278 3.25%
TOLEDO, OH (FHA|USDA|VA) 1 $325,000 $325,000 $4,299 3.00%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 2 $310,000 $155,000 $8,759 3.19%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $310,000 $155,000 $5,732 3.38%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $310,000 $155,000 $2,629 2.94%
GAINESVILLE, GA (FHA|USDA|VA) 2 $290,000 $145,000 $9,204 3.63%
BURLINGTON, NC (FHA|USDA|VA) 2 $290,000 $145,000 $7,985 3.06%
LANCASTER, PA (FHA|USDA|VA) 2 $290,000 $145,000 $10,361 3.63%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $275,000 $275,000 $9,038 2.88%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $275,000 $275,000 $5,674 3.50%
MERCED, CA (FHA|USDA|VA) 1 $265,000 $265,000 $8,561 3.00%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $265,000 $265,000 $10,339 3.50%
COLUMBIA, SC (FHA|USDA|VA) 1 $255,000 $255,000 $6,853 3.38%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $245,000 $245,000 $0 3.50%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $245,000 $245,000 $11,997 3.13%
STATE COLLEGE, PA (FHA|USDA|VA) 1 $235,000 $235,000 $12,887 2.63%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 1 $235,000 $235,000 $14,389 3.13%
LAS CRUCES, NM (FHA|USDA|VA) 1 $235,000 $235,000 $3,823 2.88%
MORRISTOWN, TN (FHA|USDA|VA) 1 $225,000 $225,000 $4,975 3.50%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $225,000 $225,000 $10,087 3.25%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $225,000 $225,000 $7,395 2.88%
KANKAKEE, IL (FHA|USDA|VA) 2 $220,000 $110,000 $4,123 2.94%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $205,000 $205,000 $10,937 2.75%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $195,000 $195,000 $5,062 2.38%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 1 $195,000 $195,000 $7,516 3.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 2 $190,000 $95,000 $6,680 3.19%
YAKIMA, WA (FHA|USDA|VA) 1 $185,000 $185,000 $2,147 2.63%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 1 $185,000 $185,000 $8,308 4.13%
ANN ARBOR, MI (FHA|USDA|VA) 1 $175,000 $175,000 $8,358 4.50%
EL CENTRO, CA (FHA|USDA|VA) 1 $175,000 $175,000 $8,466 4.00%
MUNCIE, IN (FHA|USDA|VA) 1 $175,000 $175,000 $7,420 4.13%
FORT WAYNE, IN (FHA|USDA|VA) 1 $155,000 $155,000 $7,408 3.13%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $155,000 $155,000 $10,412 3.13%
KOKOMO, IN (FHA|USDA|VA) 1 $155,000 $155,000 $9,926 3.25%
JEFFERSON CITY, MO (FHA|USDA|VA) 1 $145,000 $145,000 $9,387 2.88%
YUBA CITY, CA (FHA|USDA|VA) 1 $145,000 $145,000 $6,582 2.88%
WALLA WALLA, WA (FHA|USDA|VA) 1 $135,000 $135,000 $3,908 2.75%
NAPA, CA (FHA|USDA|VA) 1 $135,000 $135,000 $4,487 3.13%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $115,000 $115,000 $5,926 3.25%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $105,000 $105,000 $8,023 3.25%
DALTON, GA (FHA|USDA|VA) 1 $105,000 $105,000 $5,698 3.25%
MONTGOMERY, AL (FHA|USDA|VA) 1 $85,000 $85,000 $3,680 3.13%
IOWA CITY, IA (FHA|USDA|VA) 1 $85,000 $85,000 $3,125 4.75%
PEORIA, IL (FHA|USDA|VA) 1 $75,000 $75,000 $4,630 3.25%
MANSFIELD, OH (FHA|USDA|VA) 1 $65,000 $65,000 $4,463 2.50%
BAY CITY, MI (FHA|USDA|VA) 1 $65,000 $65,000 $3,820 3.63%
LIMA, OH (FHA|USDA|VA) 1 $55,000 $55,000 $4,844 3.25%

Top Flite Financial 's top markets include Seattle, Phoenix, Grand Rapids, Atlanta, and Los Angeles among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,718 $436,960,000 $254,342 $6,742 3.19%
FHA 818 $167,650,000 $204,951 $10,474 3.26%
USDA 299 $39,845,000 $133,261 $5,378 3.38%
VA 173 $44,165,000 $255,289 $8,613 3.19%

For the 2020 period, Top Flite Financial 's most frequently originated loan type of loans were Conventional, with 1,718 originations. Their 2nd most popular type is FHA, with 818 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,142 $219,050,000 $191,813 $6,580 3.34%
Cash Out Refi 1,044 $265,990,000 $254,780 $10,380 3.20%
Refi 749 $189,535,000 $253,051 $5,755 3.09%
Other 72 $13,790,000 $191,528 $7,990 3.40%
Home Improvement 1 $255,000 $255,000 $3,887 3.00%

For the 2020, Top Flite Financial 's most frequently cited loan purpose of loans were Home Purchase, with 1,142 originations. The 2nd most popular reason of loans were Cash Out Refi, with 1,044 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,624 $605,510,000 $230,758 $7,822 3.27%
15 Year 230 $48,150,000 $209,348 $6,882 2.84%
20 Year 94 $20,930,000 $222,660 $7,130 3.07%
Other 48 $11,880,000 $247,500 $8,638 3.18%
10 Year 12 $2,150,000 $179,167 $5,157 2.85%

For the 2020, Top Flite Financial 's most frequently cited loan length of loans were 30 Year, with 2,624 originations. The 2nd most popular length of loans were 15 Year, with 230 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$5k+ 1,066 $322,790,000 $302,805
$1k-2k 687 $124,135,000 $180,691
$3k-4k 599 $120,965,000 $201,945
$2k-3k 447 $75,075,000 $167,953
$<1k 209 $45,655,000 $218,445

$7,822 of loans were Top Flite Financial 's average total fees, while their most frequently occuring range of origination fees were in the $5k+ bucket, with 1,066 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,580 $341,180,000 $215,937
2.5-3% 1,029 $257,825,000 $250,559
4-5% 213 $42,645,000 $200,211
<2.5% 173 $44,475,000 $257,081
5-6% 11 $2,455,000 $223,182

During 2020, Top Flite Financial 's average interest rate of loans were 3.27%, while their most frequently originated rate bucket of loans were 3-4%, with 1,580 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 1,255 $189,635,000 $151,104 $6,150 3.28%
$200k-400k 1,157 $311,915,000 $269,589 $8,698 3.18%
$100,000 or less 269 $20,035,000 $74,480 $4,026 3.32%
$400k-600k 269 $126,805,000 $471,394 $11,657 3.10%
$600k-1MM 57 $39,025,000 $684,649 $21,391 3.26%
$1MM+ 1 $1,205,000 $1,205,000 $26,609 2.38%

2020 saw Top Flite Financial place emphasis on $100k-200k loans with 1,255 originations, totaling $189,635,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 862 $167,780,000 $194,640 $7,192 3.25%
$50k or less 721 $101,455,000 $140,714 $5,781 3.32%
$100k-150k 556 $161,310,000 $290,126 $8,892 3.17%
$75k-100k 523 $124,185,000 $237,447 $8,409 3.17%
$150k-250k 283 $110,045,000 $388,852 $10,376 3.18%
$250k+ 62 $23,640,000 $381,290 $9,656 3.23%

Top Flite Financial lent most frequently to those with incomes in the $50k-75k range, with 862 originations. The second most popular income band? $50k or less, with 721 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 582 $124,170,000 $213,351 $6,603 3.21%
30-36% 568 $126,270,000 $222,306 $7,290 3.24%
<20% 162 $35,600,000 $219,753 $5,841 3.11%
50-60% 151 $36,655,000 $242,748 $11,319 3.11%
44% 150 $34,980,000 $233,200 $8,332 3.30%
43% 140 $32,520,000 $232,286 $8,065 3.33%
42% 132 $32,330,000 $244,924 $8,214 3.28%
40% 132 $30,860,000 $233,788 $7,261 3.29%
39% 126 $27,840,000 $220,952 $7,217 3.26%
36% 119 $27,085,000 $227,605 $8,011 3.28%
41% 118 $28,650,000 $242,797 $7,734 3.31%
37% 107 $25,295,000 $236,402 $8,301 3.21%
38% 96 $21,890,000 $228,021 $8,413 3.12%
49% 93 $23,925,000 $257,258 $9,790 3.25%
47% 81 $18,145,000 $224,012 $8,638 3.21%
45% 79 $18,265,000 $231,203 $8,355 3.26%
46% 63 $15,005,000 $238,175 $8,674 3.29%
48% 58 $16,640,000 $286,897 $10,323 3.24%
>60% 4 $580,000 $145,000 $6,484 2.59%

Top Flite Financial lent most frequently to those with DTI ratios of 20-30%, with 582 originations. The next most common DTI ratio? 30-36%, with 568 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,628 $589,870,000 $224,456 $7,584 3.24%
Not provided 148 $38,770,000 $261,959 $7,954 3.07%
Black 137 $31,525,000 $230,109 $9,420 3.27%
Asian 69 $22,055,000 $319,638 $8,828 3.18%
American Indian 16 $3,820,000 $238,750 $8,691 3.48%
Native Hawaiian 7 $1,745,000 $249,286 $10,412 2.79%
Other Asian 2 $530,000 $265,000 $13,142 2.88%
Asian Indian 1 $305,000 $305,000 $8,567 2.75%

Approval Rates

Total approvals of all applications
85.65%

Top Flite Financial has an average approval rate.

Pick Rate

Approvals leading to origination
-125.87%

Top Flite Financial 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 3,008 $688,620,000 $228,930

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Manufactured 79 $10,675,000 $135,127
Single Family (1-4 Units):Site-Built 2,929 $677,945,000 $231,460

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 84 $16,590,000 $197,500 $6,184 2.95%
40-60% 387 $94,825,000 $245,026 $6,603 3.06%
60-80% 1,034 $267,980,000 $259,168 $8,588 3.24%
80-100% 1,450 $300,000,000 $206,897 $7,534 3.31%
Over 100% 31 $8,255,000 $266,290 $10,493 3.35%
Under 20% 21 $735,000 $35,000 $1,424 0.93%