Brookhollow Mortgage Services Ltd Rates, Fees & InfoHOUSTON, TX
Tax ID: 32-0306914
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewBrookhollow Mortgage Services Ltd is a smaller mortgage company specializing in loans. Brookhollow Mortgage Services Ltd has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Dallas, San Antonio, Phoenix, Denver, and Fort Collins among others. We have data for 8 markets. (Some data included below & more in-depth data is available with an active subscription.)
Brookhollow Mortgage Services Ltd 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. Brookhollow Mortgage Services Ltd is typically a high 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.
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|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.47%||3/30/23|
|30 Year Cash-out Refi||6.27%||3/30/23|
|30 Year FHA Purchase||7.38%||3/30/23|
|30 Year VA Purchase||5.89%||3/30/23|
|15 Year Conventional Purchase||5.84%||3/30/23|
|15 Year VA Purchase||5.69%||3/30/23|
|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.|
Origination Dollar Volume (All Markets)$426,650,000
Brookhollow Mortgage Services Ltd's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of 0.28%.
Relative Fees (Closing Costs)
Brookhollow Mortgage Services Ltd's average total fees/closing costs for a 30 year fixed rate
mortgage were $10,015.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
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|
|Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA)||496||$218,940,000||$441,411||$10,835||5.00%|
|SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA)||256||$92,790,000||$362,461||$9,203||5.04%|
|PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA)||198||$70,570,000||$356,414||$9,347||5.08%|
|DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA)||40||$21,260,000||$531,500||$7,871||4.87%|
|FORT COLLINS, CO (FHA|USDA|VA)||25||$11,885,000||$475,400||$7,142||4.43%|
|SHERMAN-DENISON, TX (FHA|USDA|VA)||13||$5,805,000||$446,538||$8,597||5.25%|
|GREELEY, CO (FHA|USDA|VA)||9||$5,075,000||$563,889||$11,275||4.57%|
|HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA)||1||$325,000||$325,000||$9,522||5.50%|
We use machine learning to identify the top lenders compared against BROOKHOLLOW MORTGAGE SERVICES LTD based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Brookhollow Mortgage Services Ltd's most frequently originated type of loan was Conventional, with 801 originations. Their 2nd most popular type was VA, with 123 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Brookhollow Mortgage Services Ltd's most frequently cited loan purpose was Home Purchase, with 1,038 originations.
For 2022, Brookhollow Mortgage Services Ltd's most frequently cited loan duration was 30 Year, with 1,001 originations. The 2nd most popular length was 15 Year, with 30 originations.
Origination Fees/Closing Costs
Brookhollow Mortgage Services Ltd's average total fees were $10,015, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 425 originations.
During 2022, Brookhollow Mortgage Services Ltd's average interest rate for loans was 5.04%, while their most frequently originated rate bucket for loans was 5-6%, with 336 originations.
2022 saw Brookhollow Mortgage Services Ltd place emphasis on $400k-600k loans with 501 originations, totaling $241,425,000 in origination value.
Brookhollow Mortgage Services Ltd lent most frequently to those with incomes in the $100k-150k range, with 446 originations. The second most popular income band? $150k-250k, with 264 originations.
Applicant Debt to Income Ratio
Brookhollow Mortgage Services Ltd lent most frequently to those with DTI ratios of 30-36%, with 152 originations. The next most common DTI ratio? 20-30%, with 132 originations.
Approval RatesTotal approvals of all applications
Brookhollow Mortgage Services Ltd has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick RateApprovals leading to origination
Brookhollow Mortgage Services Ltd 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|