Brookhollow Mortgage Services Ltd Rates, Fees & Info

HOUSTON, TX

LEI: 5493003GO99ZQDTH5407

Tax ID: 32-0306914

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • 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

    Brookhollow Mortgage Services Ltd is a smaller mortgage company specializing in Home Purchase 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, Phoenix, San Antonio, Houston, and Killeen among others. We have data for 5 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 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 6.47% 4/22/24
    30 Year Cash-out Refi 6.27% 4/22/24
    30 Year FHA Purchase 7.38% 4/22/24
    30 Year VA Purchase 5.89% 4/22/24
    15 Year Conventional Purchase 5.84% 4/22/24
    15 Year VA Purchase 5.69% 4/22/24
    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.

    Brookhollow Mortgage Services Ltd Mortgage Calculator






    Your Estimates

    Estimated Loan Payment: Update the calculator values and click calculate payment!

    This is not an official calculator from Brookhollow Mortgage Services Ltd. 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

    927

    Origination Dollar Volume (All Markets)

    $271,725,000

    Awards

    BROOKHOLLOW MORTGAGE SERVICES LTD 30 Year Conventional Loans bronze
    Show all (1) 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
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 486 $143,430,000 $295,123 $8,122 3.97%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 239 $68,525,000 $286,715 $6,638 4.17%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 200 $59,340,000 $296,700 $7,120 4.06%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $215,000 $215,000 $10,211 4.25%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $215,000 $215,000 $8,664 3.63%
    Brookhollow Mortgage Services Ltd's top markets include Dallas, Phoenix, San Antonio, Houston, and Killeen among others.

    Their top states include:
  • Texas (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)

    • Similar Lenders

    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.

    SOUTHERN LENDING SERVICES, LTD.
    Similarity Rank: 220
    ARAPAHOE CREDIT UNION
    Similarity Rank: 256
    The District Federal Credit Union
    Similarity Rank: 372
    DENVER COMMUNITY
    Similarity Rank: 480
    AAXY L.L.C.
    Similarity Rank: 672
    SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C
    Similarity Rank: 756
    FC LENDING, LTD.
    Similarity Rank: 815
    Deer Valley Credit Union
    Similarity Rank: 820
    PIMA Federal Credit Union
    Similarity Rank: 1136
    Resource One Credit Union
    Similarity Rank: 1140

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 584 $167,890,000 $287,483 $7,012 4.06%
    FHA 184 $51,390,000 $279,293 $10,931 4.19%
    VA 159 $52,445,000 $329,843 $5,416 3.80%

    For 2019, Brookhollow Mortgage Services Ltd's most frequently originated type of loan was Conventional, with 584 originations. Their 2nd most popular type was FHA, with 184 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 919 $269,645,000 $293,411 $7,546 4.04%
    Refi 4 $1,320,000 $330,000 $4,491 3.97%
    Cash Out Refi 3 $645,000 $215,000 $5,431 3.92%
    Other 1 $115,000 $115,000 $4,464 4.00%

    For 2019, Brookhollow Mortgage Services Ltd's most frequently cited loan purpose was Home Purchase, with 919 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 879 $259,235,000 $294,920 $7,584 4.07%
    15 Year 40 $10,460,000 $261,500 $6,830 3.55%
    20 Year 6 $2,010,000 $335,000 $5,594 3.69%
    3 Year 2 $20,000 $10,000 $0 0.00%

    For 2019, Brookhollow Mortgage Services Ltd's most frequently cited loan duration was 30 Year, with 879 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 196 $59,370,000 $302,908
    $1k-2k 165 $47,885,000 $290,212
    $3k-4k 159 $41,715,000 $262,358
    $4k-5k 147 $42,395,000 $288,401
    $5k+ 144 $49,410,000 $343,125
    $2k-3k 104 $28,580,000 $274,808

    Brookhollow Mortgage Services Ltd's average total fees were $7,584, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 196 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 508 $152,510,000 $300,217
    4-5% 369 $106,455,000 $288,496
    5-6% 35 $8,975,000 $256,429
    2.5-3% 10 $3,460,000 $346,000
    <2.5% 4 $30,000 $7,500
    7-8% 1 $295,000 $295,000

    During 2019, Brookhollow Mortgage Services Ltd's average interest rate for loans was 4.07%, while their most frequently originated rate bucket for loans was 3-4%, with 508 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 731 $211,165,000 $288,871 $7,736 4.07%
    $400k-600k 110 $48,150,000 $437,727 $8,194 3.93%
    $100k-200k 69 $11,445,000 $165,870 $5,281 4.09%
    $100,000 or less 17 $965,000 $56,765 $2,243 3.31%

    2019 saw Brookhollow Mortgage Services Ltd place emphasis on $200k-400k loans with 731 originations, totaling $211,165,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 340 $107,830,000 $317,147 $7,759 4.02%
    $75k-100k 234 $64,600,000 $276,068 $7,663 4.05%
    $50k-75k 171 $41,505,000 $242,719 $6,803 4.07%
    $150k-250k 132 $46,510,000 $352,348 $8,223 3.99%
    $50k or less 31 $5,995,000 $193,387 $5,276 4.06%
    $250k+ 18 $4,920,000 $273,333 $6,628 4.26%

    Brookhollow Mortgage Services Ltd lent most frequently to those with incomes in the $100k-150k range, with 340 originations. The second most popular income band? $75k-100k, with 234 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 144 $42,970,000 $298,403 $7,381 4.01%
    20-30% 131 $35,415,000 $270,344 $6,687 4.01%
    50-60% 117 $35,225,000 $301,068 $9,233 4.03%
    49% 46 $13,190,000 $286,739 $7,186 3.97%
    44% 45 $13,305,000 $295,667 $7,770 4.12%
    42% 42 $12,030,000 $286,429 $7,507 4.11%
    41% 41 $12,255,000 $298,902 $7,610 4.00%
    39% 40 $11,790,000 $294,750 $7,601 3.97%
    43% 37 $11,045,000 $298,514 $8,548 4.13%
    <20% 34 $8,200,000 $241,176 $6,161 4.02%
    37% 34 $11,200,000 $329,412 $7,050 4.01%
    46% 34 $10,040,000 $295,294 $7,462 4.02%
    48% 32 $9,670,000 $302,188 $7,489 4.29%
    45% 31 $9,145,000 $295,000 $6,447 4.21%
    36% 31 $9,905,000 $319,516 $8,202 4.08%
    47% 28 $8,520,000 $304,286 $7,854 4.10%
    40% 28 $8,380,000 $299,286 $6,637 3.92%
    38% 26 $7,560,000 $290,769 $6,829 4.00%
    >60% 6 $1,880,000 $313,333 $6,866 3.63%

    Brookhollow Mortgage Services Ltd lent most frequently to those with DTI ratios of 30-36%, with 144 originations. The next most common DTI ratio? 20-30%, with 131 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 520 $147,940,000 $284,500 $7,520 4.08%
    Not provided 126 $35,060,000 $278,254 $7,359 4.10%
    Black 108 $32,300,000 $299,074 $7,023 3.95%
    Asian 87 $28,185,000 $323,966 $8,098 3.92%
    Asian Indian 29 $11,205,000 $386,379 $8,363 3.85%
    American Indian 26 $7,440,000 $286,154 $7,644 4.08%
    Other Asian 16 $5,220,000 $326,250 $7,437 3.93%
    Vietnamese 5 $1,605,000 $321,000 $9,033 3.58%
    Korean 3 $785,000 $261,667 $9,643 3.92%
    Filipino 2 $580,000 $290,000 $5,026 4.38%
    Other Pacific Islander 2 $560,000 $280,000 $4,433 4.19%
    Samoan 1 $325,000 $325,000 $6,431 4.99%
    Chinese 1 $295,000 $295,000 $7,744 3.63%
    Native Hawaiian or Islander 1 $225,000 $225,000 $7,116 4.25%

    Approval Rates

    Total approvals of all applications
    98.50%

    Brookhollow Mortgage Services Ltd 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
    79.29%

    Brookhollow Mortgage Services Ltd has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 927 $271,725,000 $293,123

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 927 $271,725,000 $293,123

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 19 $2,095,000 $110,263 $4,144 4.15%
    40-60% 48 $9,580,000 $199,583 $5,710 3.99%
    60-80% 176 $50,560,000 $287,273 $7,361 4.01%
    80-100% 637 $196,245,000 $308,077 $7,651 4.07%
    Over 100% 38 $12,920,000 $340,000 $11,477 4.04%
    Under 20% 9 $325,000 $36,111 $1,216 2.38%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    BARCLAYS BANK DELAWARE Other type of mortgage Trouble during payment process 1 100.0%