Brookhollow Mortgage Services Ltd Rates, Fees & Info

HOUSTON, TX

LEI: 5493003GO99ZQDTH5407

Tax ID: 32-0306914

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Mortgage Data

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, Fort Collins, and Sherman 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.

Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.

Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.

SimulatedRates™

Mortgage Type
Simulated Rate Simulation Date
30 Year Conventional Purchase 6.47% 12/16/24
30 Year Cash-out Refi 6.27% 12/16/24
30 Year FHA Purchase 7.38% 12/16/24
30 Year VA Purchase 5.89% 12/16/24
15 Year Conventional Purchase 5.84% 12/16/24
15 Year VA Purchase 5.69% 12/16/24
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

1,164

Origination Dollar Volume (All Markets)

$376,580,000

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) 612 $205,020,000 $335,000 $9,015 2.99%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 301 $93,275,000 $309,884 $7,272 3.13%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 242 $74,660,000 $308,512 $7,272 3.08%
FORT COLLINS, CO (FHA|USDA|VA) 3 $1,365,000 $455,000 $4,682 3.04%
SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $1,255,000 $418,333 $5,190 3.29%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $465,000 $465,000 $11,065 2.88%
Outside of Metro Areas 1 $305,000 $305,000 $6,201 2.88%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $235,000 $235,000 $8,863 3.13%
Brookhollow Mortgage Services Ltd's top markets include Dallas, Phoenix, San Antonio, Fort Collins, and Sherman among others.

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 781 $248,045,000 $317,599 $7,059 3.05%
    FHA 216 $67,670,000 $313,287 $12,721 3.14%
    VA 167 $60,865,000 $364,461 $7,512 2.94%

    For 2021, Brookhollow Mortgage Services Ltd's most frequently originated type of loan was Conventional, with 781 originations. Their 2nd most popular type was FHA, with 216 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,162 $376,010,000 $323,589 $8,199 3.05%
    Refi 1 $305,000 $305,000 $6,201 2.88%
    Cash Out Refi 1 $265,000 $265,000 $3,633 3.63%

    For 2021, Brookhollow Mortgage Services Ltd's most frequently cited loan purpose was Home Purchase, with 1,162 originations. The 2nd most popular reason was Refi, with 1 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,106 $363,510,000 $328,671 $8,345 3.09%
    15 Year 43 $11,535,000 $268,256 $6,214 2.51%
    3 Year 7 $75,000 $10,714 $0 0.00%
    20 Year 5 $1,095,000 $219,000 $6,077 2.88%
    10 Year 3 $365,000 $121,667 $1,370 2.63%

    For 2021, Brookhollow Mortgage Services Ltd's most frequently cited loan duration was 30 Year, with 1,106 originations. The 2nd most popular length was 15 Year, with 43 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 316 $101,590,000 $321,487
    $5k+ 235 $82,215,000 $349,851
    $<1k 178 $55,360,000 $311,011
    $2k-3k 154 $49,410,000 $320,844
    $4k-5k 136 $42,530,000 $312,721
    $3k-4k 126 $40,770,000 $323,571

    Brookhollow Mortgage Services Ltd's average total fees were $8,345, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 316 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 606 $199,090,000 $328,531
    2.5-3% 455 $150,325,000 $330,385
    <2.5% 87 $23,205,000 $266,724
    4-5% 15 $3,885,000 $259,000
    5-6% 1 $75,000 $75,000

    During 2021, Brookhollow Mortgage Services Ltd's average interest rate for loans was 3.09%, while their most frequently originated rate bucket for loans was 3-4%, with 606 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 878 $269,310,000 $306,731 $8,380 3.09%
    $400k-600k 219 $99,305,000 $453,447 $8,873 3.05%
    $100k-200k 40 $6,050,000 $151,250 $4,712 3.02%
    $100,000 or less 26 $1,010,000 $38,846 $1,286 1.52%
    $600k-1MM 1 $905,000 $905,000 $10,940 3.00%

    2021 saw Brookhollow Mortgage Services Ltd place emphasis on $200k-400k loans with 878 originations, totaling $269,310,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 407 $142,095,000 $349,128 $8,356 3.09%
    $75k-100k 306 $94,440,000 $308,627 $8,419 3.02%
    $50k-75k 223 $61,735,000 $276,839 $7,833 2.91%
    $150k-250k 163 $60,375,000 $370,399 $8,385 3.13%
    $250k+ 34 $11,800,000 $347,059 $7,675 3.27%
    $50k or less 31 $6,135,000 $197,903 $5,897 3.06%

    Brookhollow Mortgage Services Ltd lent most frequently to those with incomes in the $100k-150k range, with 407 originations. The second most popular income band? $75k-100k, with 306 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 208 $65,260,000 $313,750 $7,153 3.07%
    30-36% 181 $61,385,000 $339,144 $8,432 3.08%
    50-60% 118 $38,300,000 $324,576 $10,794 3.02%
    44% 68 $21,400,000 $314,706 $8,616 2.95%
    43% 58 $17,960,000 $309,655 $8,033 3.09%
    41% 50 $16,130,000 $322,600 $7,158 3.09%
    45% 48 $16,500,000 $343,750 $8,718 3.10%
    49% 47 $14,525,000 $309,043 $8,694 3.03%
    40% 46 $15,910,000 $345,870 $7,112 3.03%
    38% 45 $15,935,000 $354,111 $7,344 2.98%
    <20% 42 $11,440,000 $272,381 $7,106 3.05%
    42% 39 $12,585,000 $322,692 $8,504 3.10%
    37% 39 $12,655,000 $324,487 $7,751 3.03%
    39% 39 $12,385,000 $317,564 $7,842 3.16%
    48% 37 $12,055,000 $325,811 $8,778 3.00%
    36% 37 $12,025,000 $325,000 $7,312 3.08%
    47% 30 $9,700,000 $323,333 $9,470 2.97%
    46% 28 $9,030,000 $322,500 $7,565 2.98%
    >60% 4 $1,400,000 $350,000 $4,118 2.50%

    Brookhollow Mortgage Services Ltd lent most frequently to those with DTI ratios of 20-30%, with 208 originations. The next most common DTI ratio? 30-36%, with 181 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 614 $195,510,000 $318,420 $8,137 3.08%
    Black 163 $52,445,000 $321,748 $9,168 2.96%
    Asian 137 $48,095,000 $351,058 $7,994 2.99%
    Not provided 150 $46,710,000 $311,400 $7,981 3.04%
    Asian Indian 31 $12,105,000 $390,484 $8,004 3.02%
    American Indian 38 $11,860,000 $312,105 $7,886 3.20%
    Filipino 8 $3,140,000 $392,500 $8,597 3.11%
    Other Pacific Islander 7 $2,495,000 $356,429 $4,854 3.11%
    Other Asian 6 $1,790,000 $298,333 $6,509 3.29%
    Vietnamese 7 $1,475,000 $210,714 $5,905 2.96%
    Chinese 2 $610,000 $305,000 $7,892 3.25%
    Native Hawaiian or Islander 1 $345,000 $345,000 $3,953 2.38%

    Approval Rates

    Total approvals of all applications
    97.90%

    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
    76.03%

    Brookhollow Mortgage Services Ltd has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,164 $376,580,000 $323,522

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,164 $376,580,000 $323,522

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 30 $4,560,000 $152,000 $3,875 3.10%
    40-60% 35 $7,125,000 $203,571 $6,165 2.91%
    60-80% 214 $64,980,000 $303,645 $7,496 3.07%
    80-100% 807 $277,285,000 $343,600 $8,477 3.10%
    Over 100% 60 $22,260,000 $371,000 $12,424 3.02%
    Under 20% 18 $370,000 $20,556 $348 0.69%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    BARCLAYS BANK DELAWARE Conventional home mortgage Closing on a mortgage 1 50.0%
    BARCLAYS BANK DELAWARE Other type of mortgage Closing on a mortgage 1 50.0%