Provident Funding Associates L.p. Mortgage Rates, Fees & Info

BURLINGAME, CA

LEI: 54930043BMDE130FJ617

Tax ID: 77-0323586

5 stars - Updated: 6/9/24 - out of 5 stars, based on 109 reviews

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

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Mortgage Data

Review & Overview

Provident Funding Associates L.p. is a mid-sized mortgage company specializing in Home Purchase loans. Provident Funding Associates L.p. has a high proportion of conventional loans. Their top markets by origination volume include: Dallas, Atlanta, Philadelphia, Houston, and Portland among others. We have data for 357 markets. (Some data included below & more in-depth data is available with an active subscription.)

Provident Funding Associates L.p. 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. Provident Funding Associates L.p. 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 relatively high 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 6.19% 6/9/24
30 Year Conventional Refi 6.11% 6/9/24
30 Year Cash-out Refi 6.21% 6/9/24
15 Year Conventional Purchase 5.51% 6/9/24
15 Year Conventional Refi 5.58% 6/9/24
15 Year Cash-out Refi 5.58% 6/9/24
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.

Provident Funding Associates L.p. Mortgage Calculator






Your Estimates

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

This is not an official calculator from Provident Funding Associates L.p.. 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

11,958

Origination Dollar Volume (All Markets)

$4,781,920,000
Show all (70) awards

Relative Rate

Provident Funding Associates L.p.'s average 30 year fixed mortgage rate was 6.49%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.01%.

Relative Fees (Closing Costs)

Provident Funding Associates L.p.'s average total fees/closing costs for a 30 year fixed rate mortgage were $6,179.

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 $9,089.

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) 1,455 $637,965,000 $438,464 $6,893 6.35%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 670 $281,120,000 $419,582 $5,462 6.35%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 695 $268,135,000 $385,806 $6,647 6.46%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 598 $225,270,000 $376,706 $6,853 6.41%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 340 $163,540,000 $481,000 $6,669 6.39%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 335 $149,975,000 $447,687 $7,118 6.55%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 332 $147,190,000 $443,343 $6,557 6.34%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 315 $128,805,000 $408,905 $4,885 6.49%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 342 $126,860,000 $370,936 $6,534 6.44%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 230 $112,800,000 $490,435 $5,005 6.42%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 274 $111,890,000 $408,358 $7,050 6.48%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 223 $109,115,000 $489,305 $6,954 6.41%
RALEIGH-CARY, NC (FHA|USDA|VA) 243 $105,225,000 $433,025 $4,580 6.31%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 172 $90,040,000 $523,488 $7,689 6.54%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 169 $80,735,000 $477,722 $5,867 6.45%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 165 $74,215,000 $449,788 $6,169 6.52%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 184 $74,050,000 $402,446 $6,952 6.53%
PITTSBURGH, PA (FHA|USDA|VA) 238 $70,250,000 $295,168 $5,648 6.44%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 146 $69,530,000 $476,233 $8,812 6.58%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 133 $68,795,000 $517,256 $6,496 6.55%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 178 $63,650,000 $357,584 $4,318 6.38%
SALT LAKE CITY, UT (FHA|USDA|VA) 138 $61,130,000 $442,971 $6,078 6.40%
LOUISVILLE, KY (FHA|USDA|VA) 184 $57,900,000 $314,674 $4,667 6.47%
RICHMOND, VA (FHA|USDA|VA) 138 $51,230,000 $371,232 $5,073 6.50%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 91 $49,285,000 $541,593 $7,379 6.52%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 127 $49,185,000 $387,283 $5,480 6.49%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 131 $47,825,000 $365,076 $4,727 6.46%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 93 $39,445,000 $424,140 $4,987 6.55%
KANSAS CITY, MO-KS (FHA|USDA|VA) 94 $37,390,000 $397,766 $4,207 6.39%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 80 $36,210,000 $452,625 $7,517 6.68%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 96 $35,730,000 $372,188 $7,197 6.64%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 92 $34,130,000 $370,978 $4,621 6.41%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 79 $32,995,000 $417,658 $5,405 6.45%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 103 $32,495,000 $315,485 $3,555 6.48%
PROVO-OREM, UT (FHA|USDA|VA) 66 $28,660,000 $434,242 $6,218 6.25%
Outside of Metro Areas 76 $25,530,000 $335,921 $6,203 6.41%
ST. LOUIS, MO-IL (FHA|USDA|VA) 75 $25,025,000 $333,667 $4,520 6.57%
JACKSONVILLE, FL (FHA|USDA|VA) 61 $23,505,000 $385,328 $7,241 6.42%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 83 $23,355,000 $281,386 $4,952 6.42%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 56 $22,590,000 $403,393 $6,201 6.49%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 39 $22,465,000 $576,026 $4,955 6.54%
BEND, OR (FHA|USDA|VA) 49 $22,205,000 $453,163 $7,520 6.26%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 65 $22,095,000 $339,923 $3,422 6.68%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 61 $20,605,000 $337,787 $7,442 6.34%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 54 $18,640,000 $345,185 $6,446 6.42%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 69 $18,555,000 $268,913 $4,864 6.39%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 47 $18,385,000 $391,170 $6,173 6.29%
COLUMBUS, OH (FHA|USDA|VA) 54 $17,790,000 $329,444 $4,262 6.52%
OKLAHOMA CITY, OK (FHA|USDA|VA) 59 $17,565,000 $297,712 $5,497 6.26%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 46 $16,150,000 $351,087 $6,463 6.68%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 42 $16,140,000 $384,286 $7,055 6.51%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 51 $15,415,000 $302,255 $5,562 6.49%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 37 $15,135,000 $409,054 $6,215 6.68%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 37 $14,825,000 $400,676 $7,187 6.55%
COLORADO SPRINGS, CO (FHA|USDA|VA) 36 $13,950,000 $387,500 $4,315 6.44%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 46 $13,460,000 $292,609 $4,761 6.52%
LANCASTER, PA (FHA|USDA|VA) 40 $12,240,000 $306,000 $6,505 6.56%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 30 $12,010,000 $400,333 $6,117 6.70%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 34 $11,890,000 $349,706 $5,559 6.53%
BOULDER, CO (FHA|USDA|VA) 25 $11,735,000 $469,400 $4,066 6.65%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 22 $11,100,000 $504,545 $9,909 6.13%
TUCSON, AZ (FHA|USDA|VA) 33 $10,495,000 $318,030 $5,985 6.38%
KNOXVILLE, TN (FHA|USDA|VA) 29 $10,215,000 $352,241 $5,501 6.55%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 37 $10,005,000 $270,405 $5,818 6.49%
FORT COLLINS, CO (FHA|USDA|VA) 25 $9,945,000 $397,800 $5,505 6.34%
WORCESTER, MA-CT (FHA|USDA|VA) 23 $9,785,000 $425,435 $5,629 6.27%
STOCKTON, CA (FHA|USDA|VA) 19 $9,775,000 $514,474 $6,998 6.51%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 25 $9,725,000 $389,000 $8,386 6.74%
ST. GEORGE, UT (FHA|USDA|VA) 27 $9,675,000 $358,333 $5,605 6.49%
SALEM, OR (FHA|USDA|VA) 23 $8,855,000 $385,000 $8,477 6.40%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 26 $8,750,000 $336,538 $5,007 6.39%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 23 $8,375,000 $364,130 $5,924 6.36%
PORT ST. LUCIE, FL (FHA|USDA|VA) 23 $8,285,000 $360,217 $7,628 6.53%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 20 $7,700,000 $385,000 $5,975 6.52%
CORVALLIS, OR (FHA|USDA|VA) 18 $7,600,000 $422,222 $7,643 6.63%
WILMINGTON, NC (FHA|USDA|VA) 23 $7,235,000 $314,565 $4,611 6.54%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 21 $7,205,000 $343,095 $6,554 6.55%
LYNCHBURG, VA (FHA|USDA|VA) 28 $7,200,000 $257,143 $4,129 6.28%
BOISE CITY, ID (FHA|USDA|VA) 18 $7,000,000 $388,889 $9,661 6.17%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 13 $6,885,000 $529,615 $7,531 6.48%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 18 $6,280,000 $348,889 $3,967 6.69%
TALLAHASSEE, FL (FHA|USDA|VA) 18 $6,100,000 $338,889 $5,681 6.69%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 14 $6,020,000 $430,000 $7,028 6.47%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 17 $5,855,000 $344,412 $7,971 6.31%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 18 $5,850,000 $325,000 $4,876 6.33%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 13 $5,775,000 $444,231 $5,386 6.30%
COLUMBIA, SC (FHA|USDA|VA) 18 $5,740,000 $318,889 $5,147 6.58%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 15 $5,655,000 $377,000 $6,422 6.18%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 20 $5,630,000 $281,500 $4,323 6.58%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 17 $5,535,000 $325,588 $6,479 6.46%
GAINESVILLE, GA (FHA|USDA|VA) 16 $5,480,000 $342,500 $4,204 6.60%
FRESNO, CA (FHA|USDA|VA) 16 $5,420,000 $338,750 $6,545 6.38%
WINSTON-SALEM, NC (FHA|USDA|VA) 17 $5,395,000 $317,353 $4,329 6.34%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 14 $5,220,000 $372,857 $7,052 6.36%
ANN ARBOR, MI (FHA|USDA|VA) 17 $5,085,000 $299,118 $3,715 6.41%
READING, PA (FHA|USDA|VA) 15 $4,895,000 $326,333 $7,308 6.67%
PEORIA, IL (FHA|USDA|VA) 19 $4,885,000 $257,105 $3,593 6.87%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 9 $4,745,000 $527,222 $7,429 6.46%
BELLINGHAM, WA (FHA|USDA|VA) 9 $4,475,000 $497,222 $5,258 6.57%
ALBANY-LEBANON, OR (FHA|USDA|VA) 12 $4,450,000 $370,833 $9,336 6.49%
TULSA, OK (FHA|USDA|VA) 17 $4,405,000 $259,118 $5,610 6.24%
ASHEVILLE, NC (FHA|USDA|VA) 12 $4,400,000 $366,667 $4,156 6.53%
WICHITA, KS (FHA|USDA|VA) 16 $4,330,000 $270,625 $5,407 6.59%
MODESTO, CA (FHA|USDA|VA) 12 $4,300,000 $358,333 $6,027 6.78%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 14 $4,180,000 $298,571 $5,878 6.47%
Durango, CO (FHA|USDA|VA) 9 $4,135,000 $459,444 $4,067 6.47%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 11 $4,085,000 $371,364 $5,530 6.35%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 14 $3,990,000 $285,000 $5,160 6.41%
GAINESVILLE, FL (FHA|USDA|VA) 13 $3,865,000 $297,308 $5,287 6.14%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 12 $3,860,000 $321,667 $5,681 6.27%
PUNTA GORDA, FL (FHA|USDA|VA) 10 $3,800,000 $380,000 $6,712 6.41%
GREELEY, CO (FHA|USDA|VA) 11 $3,775,000 $343,182 $4,448 6.27%
OCALA, FL (FHA|USDA|VA) 14 $3,670,000 $262,143 $4,603 6.46%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 8 $3,620,000 $452,500 $5,306 6.41%
BAKERSFIELD, CA (FHA|USDA|VA) 8 $3,610,000 $451,250 $8,509 6.66%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 8 $3,500,000 $437,500 $5,786 6.38%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 13 $3,475,000 $267,308 $6,647 6.46%
Oak Harbor, WA (FHA|USDA|VA) 7 $3,405,000 $486,429 $8,163 6.64%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 8 $3,320,000 $415,000 $4,787 6.34%
SPARTANBURG, SC (FHA|USDA|VA) 10 $3,240,000 $324,000 $5,847 6.29%
SHERMAN-DENISON, TX (FHA|USDA|VA) 13 $3,165,000 $243,462 $5,879 6.50%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 9 $3,095,000 $343,889 $5,440 6.63%
SALINAS, CA (FHA|USDA|VA) 5 $3,045,000 $609,000 $7,068 6.50%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 11 $3,035,000 $275,909 $11,572 6.23%
CORPUS CHRISTI, TX (FHA|USDA|VA) 9 $3,015,000 $335,000 $8,472 6.33%
TYLER, TX (FHA|USDA|VA) 7 $2,955,000 $422,143 $7,328 6.29%
LUBBOCK, TX (FHA|USDA|VA) 11 $2,935,000 $266,818 $5,498 6.34%
BLOOMINGTON, IL (FHA|USDA|VA) 9 $2,875,000 $319,444 $3,738 6.35%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 10 $2,720,000 $272,000 $6,638 6.50%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 9 $2,675,000 $297,222 $7,113 6.44%
MADERA, CA (FHA|USDA|VA) 6 $2,650,000 $441,667 $10,402 6.31%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 6 $2,570,000 $428,333 $5,274 6.56%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 7 $2,565,000 $366,429 $7,555 6.34%
RENO, NV (FHA|USDA|VA) 6 $2,530,000 $421,667 $6,490 6.58%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 10 $2,510,000 $251,000 $4,758 6.28%
LONGVIEW, WA (FHA|USDA|VA) 6 $2,500,000 $416,667 $6,286 6.46%
ROANOKE, VA (FHA|USDA|VA) 6 $2,430,000 $405,000 $6,658 6.90%
Payson, AZ (FHA|USDA|VA) 6 $2,410,000 $401,667 $9,243 6.85%
VALLEJO, CA (FHA|USDA|VA) 6 $2,350,000 $391,667 $7,490 6.54%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 4 $2,330,000 $582,500 $6,346 6.22%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 7 $2,255,000 $322,143 $4,972 6.48%
AKRON, OH (FHA|USDA|VA) 9 $2,245,000 $249,444 $4,931 5.97%
ERIE, PA (FHA|USDA|VA) 9 $2,225,000 $247,222 $5,606 6.32%
SAVANNAH, GA (FHA|USDA|VA) 9 $2,205,000 $245,000 $4,499 6.39%
Heber, UT (FHA|USDA|VA) 4 $2,190,000 $547,500 $15,511 6.13%
Ukiah, CA (FHA|USDA|VA) 5 $2,125,000 $425,000 $6,932 6.58%
Show Low, AZ (FHA|USDA|VA) 7 $2,095,000 $299,286 $5,323 6.82%
EAST STROUDSBURG, PA (FHA|USDA|VA) 9 $2,085,000 $231,667 $5,975 6.68%
PANAMA CITY, FL (FHA|USDA|VA) 8 $2,070,000 $258,750 $6,299 6.45%
Hailey, ID (FHA|USDA|VA) 5 $2,025,000 $405,000 $5,761 6.73%
REDDING, CA (FHA|USDA|VA) 6 $2,020,000 $336,667 $4,085 6.50%
IDAHO FALLS, ID (FHA|USDA|VA) 5 $1,985,000 $397,000 $9,584 6.23%
Eureka-Arcata, CA (FHA|USDA|VA) 7 $1,985,000 $283,571 $4,304 6.95%
SPRINGFIELD, MA (FHA|USDA|VA) 6 $1,940,000 $323,333 $5,085 6.73%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $1,940,000 $485,000 $8,682 6.44%
Jefferson, GA (FHA|USDA|VA) 4 $1,930,000 $482,500 $11,239 6.03%
Torrington, CT (FHA|USDA|VA) 5 $1,885,000 $377,000 $5,521 6.70%
WENATCHEE, WA (FHA|USDA|VA) 5 $1,835,000 $367,000 $7,314 6.78%
Breckenridge, CO (FHA|USDA|VA) 5 $1,835,000 $367,000 $5,662 6.65%
EL PASO, TX (FHA|USDA|VA) 6 $1,740,000 $290,000 $5,651 6.04%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 4 $1,740,000 $435,000 $8,276 6.22%
LOGAN, UT-ID (FHA|USDA|VA) 4 $1,730,000 $432,500 $8,149 6.31%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 5 $1,725,000 $345,000 $6,568 6.23%
FLAGSTAFF, AZ (FHA|USDA|VA) 4 $1,680,000 $420,000 $4,892 6.56%
Pullman, WA (FHA|USDA|VA) 4 $1,670,000 $417,500 $4,375 6.31%
Richmond-Berea, KY (FHA|USDA|VA) 6 $1,630,000 $271,667 $3,692 6.38%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 9 $1,625,000 $180,556 $4,892 6.35%
Ellensburg, WA (FHA|USDA|VA) 3 $1,585,000 $528,333 $6,807 6.75%
GREEN BAY, WI (FHA|USDA|VA) 5 $1,505,000 $301,000 $2,531 6.58%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 6 $1,500,000 $250,000 $4,633 6.46%
FAYETTEVILLE, NC (FHA|USDA|VA) 6 $1,480,000 $246,667 $6,804 6.33%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 5 $1,475,000 $295,000 $4,014 6.75%
YORK-HANOVER, PA (FHA|USDA|VA) 6 $1,450,000 $241,667 $6,849 6.54%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 4 $1,450,000 $362,500 $4,875 6.34%
Granbury, TX (FHA|USDA|VA) 4 $1,410,000 $352,500 $7,472 6.84%
RACINE, WI (FHA|USDA|VA) 8 $1,390,000 $173,750 $2,638 6.63%
HINESVILLE, GA (FHA|USDA|VA) 9 $1,385,000 $153,889 $0 6.93%
DAYTON-KETTERING, OH (FHA|USDA|VA) 7 $1,365,000 $195,000 $3,541 6.80%
SALISBURY, MD-DE (FHA|USDA|VA) 5 $1,365,000 $273,000 $6,261 7.13%
GRAND JUNCTION, CO (FHA|USDA|VA) 3 $1,365,000 $455,000 $6,197 6.08%
BURLINGTON, NC (FHA|USDA|VA) 4 $1,350,000 $337,500 $4,540 6.53%
WARNER ROBINS, GA (FHA|USDA|VA) 7 $1,305,000 $186,429 $4,000 6.36%
JACKSONVILLE, NC (FHA|USDA|VA) 4 $1,290,000 $322,500 $3,949 6.69%
Boone, NC (FHA|USDA|VA) 2 $1,270,000 $635,000 $6,599 6.31%
Sonora, CA (FHA|USDA|VA) 5 $1,255,000 $251,000 $3,849 6.58%
CHICO, CA (FHA|USDA|VA) 3 $1,245,000 $415,000 $4,891 5.92%
VISALIA, CA (FHA|USDA|VA) 3 $1,235,000 $411,667 $4,711 6.71%
YUBA CITY, CA (FHA|USDA|VA) 3 $1,215,000 $405,000 $4,844 6.58%
ROCHESTER, MN (FHA|USDA|VA) 6 $1,210,000 $201,667 $2,548 6.63%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 6 $1,200,000 $200,000 $4,120 7.25%
Morehead City, NC (FHA|USDA|VA) 4 $1,200,000 $300,000 $5,795 6.50%
Sanford, NC (FHA|USDA|VA) 4 $1,190,000 $297,500 $5,288 6.69%
Red Wing, MN (FHA|USDA|VA) 5 $1,185,000 $237,000 $3,452 6.70%
NAPA, CA (FHA|USDA|VA) 2 $1,180,000 $590,000 $10,283 5.81%
THE VILLAGES, FL (FHA|USDA|VA) 5 $1,165,000 $233,000 $4,610 6.38%
JOHNSON CITY, TN (FHA|USDA|VA) 4 $1,160,000 $290,000 $3,804 6.50%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 5 $1,155,000 $231,000 $6,188 6.88%
Sevierville, TN (FHA|USDA|VA) 4 $1,120,000 $280,000 $9,793 6.53%
Shelton, WA (FHA|USDA|VA) 3 $1,115,000 $371,667 $10,032 6.21%
Prineville, OR (FHA|USDA|VA) 3 $1,095,000 $365,000 $4,174 6.67%
Newport, OR (FHA|USDA|VA) 2 $1,090,000 $545,000 $4,569 7.25%
FLORENCE, SC (FHA|USDA|VA) 5 $1,075,000 $215,000 $4,218 6.88%
MERCED, CA (FHA|USDA|VA) 3 $1,045,000 $348,333 $5,468 7.38%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 3 $1,035,000 $345,000 $2,779 6.38%
MADISON, WI (FHA|USDA|VA) 3 $1,035,000 $345,000 $5,743 6.54%
GREENVILLE, NC (FHA|USDA|VA) 7 $1,025,000 $146,429 $2,934 6.63%
MEDFORD, OR (FHA|USDA|VA) 2 $990,000 $495,000 $6,379 6.81%
Milledgeville, GA (FHA|USDA|VA) 2 $980,000 $490,000 $7,022 6.63%
Mount Airy, NC (FHA|USDA|VA) 3 $965,000 $321,667 $8,258 6.67%
Hood River, OR (FHA|USDA|VA) 2 $960,000 $480,000 $6,346 6.50%
WINCHESTER, VA-WV (FHA|USDA|VA) 3 $945,000 $315,000 $3,941 6.21%
PUEBLO, CO (FHA|USDA|VA) 3 $945,000 $315,000 $9,926 7.08%
SAN ANGELO, TX (FHA|USDA|VA) 2 $940,000 $470,000 $8,693 5.69%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 3 $875,000 $291,667 $8,584 6.63%
Astoria, OR (FHA|USDA|VA) 2 $860,000 $430,000 $6,303 6.19%
STATE COLLEGE, PA (FHA|USDA|VA) 3 $845,000 $281,667 $3,980 6.50%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 3 $845,000 $281,667 $4,898 6.42%
SUMTER, SC (FHA|USDA|VA) 2 $800,000 $400,000 $3,360 6.31%
Palatka, FL (FHA|USDA|VA) 3 $795,000 $265,000 $5,160 6.46%
LONGVIEW, TX (FHA|USDA|VA) 3 $795,000 $265,000 $8,675 6.75%
Outside of Metro Areas 2 $780,000 $390,000 $6,511 5.94%
Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $775,000 $258,333 $5,708 5.71%
COLUMBUS, GA-AL (FHA|USDA|VA) 5 $755,000 $151,000 $5,128 6.78%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 2 $750,000 $375,000 $3,946 6.13%
Brevard, NC (FHA|USDA|VA) 2 $750,000 $375,000 $5,028 6.25%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 3 $735,000 $245,000 $3,244 6.08%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $735,000 $245,000 $5,615 6.21%
FLINT, MI (FHA|USDA|VA) 3 $735,000 $245,000 $3,418 6.04%
STAUNTON, VA (FHA|USDA|VA) 3 $715,000 $238,333 $4,524 6.54%
TOLEDO, OH (FHA|USDA|VA) 4 $700,000 $175,000 $4,175 6.50%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 3 $685,000 $228,333 $10,222 6.33%
HARRISONBURG, VA (FHA|USDA|VA) 3 $685,000 $228,333 $3,444 6.79%
Aberdeen, WA (FHA|USDA|VA) 2 $680,000 $340,000 $5,691 6.31%
MUNCIE, IN (FHA|USDA|VA) 2 $670,000 $335,000 $4,431 7.00%
New Castle, PA (FHA|USDA|VA) 4 $670,000 $167,500 $5,568 6.22%
Steamboat Springs, CO (FHA|USDA|VA) 1 $655,000 $655,000 $5,059 6.38%
PITTSFIELD, MA (FHA|USDA|VA) 2 $650,000 $325,000 $6,895 6.56%
NEW BERN, NC (FHA|USDA|VA) 2 $630,000 $315,000 $3,537 6.69%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 4 $630,000 $157,500 $3,011 6.91%
ROCKY MOUNT, NC (FHA|USDA|VA) 3 $625,000 $208,333 $4,301 6.13%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 3 $605,000 $201,667 $5,911 6.04%
Port Angeles, WA (FHA|USDA|VA) 1 $595,000 $595,000 $4,193 6.38%
BOWLING GREEN, KY (FHA|USDA|VA) 2 $590,000 $295,000 $4,370 6.38%
AMARILLO, TX (FHA|USDA|VA) 2 $570,000 $285,000 $10,904 6.06%
Cookeville, TN (FHA|USDA|VA) 2 $560,000 $280,000 $4,634 6.25%
Glenwood Springs, CO (FHA|USDA|VA) 1 $555,000 $555,000 $3,056 6.25%
CARSON CITY, NV (FHA|USDA|VA) 2 $550,000 $275,000 $3,360 7.06%
Albemarle, NC (FHA|USDA|VA) 2 $540,000 $270,000 $4,043 6.56%
SPRINGFIELD, IL (FHA|USDA|VA) 1 $535,000 $535,000 $2,596 5.75%
DALTON, GA (FHA|USDA|VA) 2 $520,000 $260,000 $4,752 6.69%
Cañon City, CO (FHA|USDA|VA) 2 $510,000 $255,000 $2,992 6.94%
ABILENE, TX (FHA|USDA|VA) 2 $500,000 $250,000 $7,480 6.06%
Cullowhee, NC (FHA|USDA|VA) 2 $490,000 $245,000 $4,628 6.13%
OWENSBORO, KY (FHA|USDA|VA) 1 $485,000 $485,000 $3,942 6.38%
Lewisburg, PA (FHA|USDA|VA) 2 $480,000 $240,000 $4,543 6.75%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $470,000 $235,000 $4,417 6.56%
Easton, MD (FHA|USDA|VA) 1 $465,000 $465,000 $8,255 7.38%
Bardstown, KY (FHA|USDA|VA) 2 $450,000 $225,000 $4,050 6.00%
Sunbury, PA (FHA|USDA|VA) 1 $445,000 $445,000 $5,498 7.50%
Danville, KY (FHA|USDA|VA) 2 $440,000 $220,000 $3,747 5.94%
Clearlake, CA (FHA|USDA|VA) 1 $435,000 $435,000 $3,860 5.88%
TWIN FALLS, ID (FHA|USDA|VA) 1 $415,000 $415,000 $9,405 5.50%
SAGINAW, MI (FHA|USDA|VA) 1 $415,000 $415,000 $3,130 6.75%
GRANTS PASS, OR (FHA|USDA|VA) 1 $395,000 $395,000 $3,814 6.38%
Hays, KS (FHA|USDA|VA) 1 $385,000 $385,000 $2,193 6.38%
Wooster, OH (FHA|USDA|VA) 1 $385,000 $385,000 $5,207 7.63%
Brenham, TX (FHA|USDA|VA) 1 $375,000 $375,000 $7,677 7.25%
Wilson, NC (FHA|USDA|VA) 1 $375,000 $375,000 $8,857 6.88%
JACKSON, TN (FHA|USDA|VA) 1 $375,000 $375,000 $4,340 6.13%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 2 $370,000 $185,000 $4,225 6.63%
Mount Sterling, KY (FHA|USDA|VA) 2 $370,000 $185,000 $2,793 6.50%
Madison, IN (FHA|USDA|VA) 2 $360,000 $180,000 $2,186 6.31%
MIDLAND, TX (FHA|USDA|VA) 1 $355,000 $355,000 $4,207 7.13%
Rolla, MO (FHA|USDA|VA) 1 $355,000 $355,000 $4,658 7.38%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 1 $355,000 $355,000 $3,834 6.88%
Kerrville, TX (FHA|USDA|VA) 1 $345,000 $345,000 $3,178 6.75%
Orangeburg, SC (FHA|USDA|VA) 1 $345,000 $345,000 $4,810 6.25%
EL CENTRO, CA (FHA|USDA|VA) 1 $345,000 $345,000 $5,758 5.88%
Indiana, PA (FHA|USDA|VA) 1 $345,000 $345,000 $4,937 6.25%
Frankfort, KY (FHA|USDA|VA) 1 $335,000 $335,000 $6,003 7.38%
Rexburg, ID (FHA|USDA|VA) 1 $335,000 $335,000 $8,377 7.25%
Coos Bay, OR (FHA|USDA|VA) 1 $335,000 $335,000 $0 7.00%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 2 $330,000 $165,000 $4,289 6.94%
LIMA, OH (FHA|USDA|VA) 1 $325,000 $325,000 $9,875 6.88%
Okeechobee, FL (FHA|USDA|VA) 1 $315,000 $315,000 $5,137 7.00%
Gainesville, TX (FHA|USDA|VA) 1 $315,000 $315,000 $6,125 5.75%
COLUMBIA, MO (FHA|USDA|VA) 1 $305,000 $305,000 $1,780 6.38%
WALLA WALLA, WA (FHA|USDA|VA) 1 $305,000 $305,000 $0 7.25%
Murray, KY (FHA|USDA|VA) 1 $295,000 $295,000 $4,932 5.88%
GETTYSBURG, PA (FHA|USDA|VA) 1 $295,000 $295,000 $6,233 6.63%
DECATUR, IL (FHA|USDA|VA) 1 $295,000 $295,000 $2,348 6.75%
VALDOSTA, GA (FHA|USDA|VA) 1 $285,000 $285,000 $0 6.38%
Tullahoma-Manchester, TN (FHA|USDA|VA) 1 $285,000 $285,000 $4,485 6.13%
FORT WAYNE, IN (FHA|USDA|VA) 1 $275,000 $275,000 $1,782 6.38%
Whitewater, WI (FHA|USDA|VA) 1 $275,000 $275,000 $2,768 6.13%
Ottawa, IL (FHA|USDA|VA) 1 $275,000 $275,000 $4,236 7.00%
LEBANON, PA (FHA|USDA|VA) 1 $275,000 $275,000 $6,936 6.25%
MANKATO, MN (FHA|USDA|VA) 1 $275,000 $275,000 $4,553 6.63%
Shelby, NC (FHA|USDA|VA) 1 $265,000 $265,000 $3,312 6.63%
SPRINGFIELD, OH (FHA|USDA|VA) 1 $255,000 $255,000 $3,479 6.88%
Brainerd, MN (FHA|USDA|VA) 1 $255,000 $255,000 $5,786 6.88%
Ludington, MI (FHA|USDA|VA) 1 $255,000 $255,000 $3,758 5.88%
Mount Vernon, OH (FHA|USDA|VA) 1 $245,000 $245,000 $3,365 7.13%
Winona, MN (FHA|USDA|VA) 1 $245,000 $245,000 $8,569 7.13%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $245,000 $245,000 $8,481 6.25%
MANHATTAN, KS (FHA|USDA|VA) 1 $245,000 $245,000 $4,317 6.13%
Toccoa, GA (FHA|USDA|VA) 1 $245,000 $245,000 $3,589 7.75%
Cornelia, GA (FHA|USDA|VA) 1 $235,000 $235,000 $4,190 6.38%
Somerset, KY (FHA|USDA|VA) 1 $235,000 $235,000 $6,690 6.38%
Bonham, TX (FHA|USDA|VA) 2 $230,000 $115,000 $0 6.50%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 1 $225,000 $225,000 $3,278 7.00%
LAWRENCE, KS (FHA|USDA|VA) 1 $225,000 $225,000 $3,023 7.13%
Alexandria, MN (FHA|USDA|VA) 1 $225,000 $225,000 $3,851 6.88%
FOND DU LAC, WI (FHA|USDA|VA) 1 $225,000 $225,000 $4,047 6.38%
VICTORIA, TX (FHA|USDA|VA) 1 $215,000 $215,000 $4,147 6.00%
Stevens Point, WI (FHA|USDA|VA) 1 $215,000 $215,000 $3,071 5.75%
Moses Lake, WA (FHA|USDA|VA) 1 $215,000 $215,000 $6,106 5.75%
Beaver Dam, WI (FHA|USDA|VA) 1 $215,000 $215,000 $2,130 6.13%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $205,000 $205,000 $4,518 7.75%
SPRINGFIELD, MO (FHA|USDA|VA) 1 $205,000 $205,000 $3,231 6.00%
Traverse City, MI (FHA|USDA|VA) 1 $205,000 $205,000 $5,757 5.88%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 1 $205,000 $205,000 $3,207 7.63%
Holland, MI (FHA|USDA|VA) 1 $205,000 $205,000 $2,417 7.38%
Rockport, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,856 6.75%
Lake City, FL (FHA|USDA|VA) 1 $195,000 $195,000 $4,333 5.88%
Corsicana, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,931 6.25%
Dumas, TX (FHA|USDA|VA) 1 $195,000 $195,000 $4,537 7.38%
Chillicothe, OH (FHA|USDA|VA) 1 $195,000 $195,000 $3,505 7.75%
WICHITA FALLS, TX (FHA|USDA|VA) 1 $195,000 $195,000 $5,365 5.13%
KOKOMO, IN (FHA|USDA|VA) 1 $195,000 $195,000 $2,113 6.38%
North Wilkesboro, NC (FHA|USDA|VA) 1 $185,000 $185,000 $0 6.38%
Platteville, WI (FHA|USDA|VA) 1 $185,000 $185,000 $3,392 6.00%
KANKAKEE, IL (FHA|USDA|VA) 1 $185,000 $185,000 $9,194 6.00%
Thomaston, GA (FHA|USDA|VA) 1 $175,000 $175,000 $3,396 6.13%
Stephenville, TX (FHA|USDA|VA) 1 $175,000 $175,000 $0 6.63%
Gaffney, SC (FHA|USDA|VA) 1 $175,000 $175,000 $6,816 7.25%
Pottsville, PA (FHA|USDA|VA) 1 $165,000 $165,000 $4,383 6.75%
Levelland, TX (FHA|USDA|VA) 1 $165,000 $165,000 $4,263 5.75%
ROCKFORD, IL (FHA|USDA|VA) 1 $165,000 $165,000 $2,931 6.50%
Key West, FL (FHA|USDA|VA) 1 $155,000 $155,000 $2,973 6.13%
St. Marys, GA (FHA|USDA|VA) 1 $145,000 $145,000 $0 6.13%
TOPEKA, KS (FHA|USDA|VA) 1 $145,000 $145,000 $1,507 6.50%
MONROE, MI (FHA|USDA|VA) 1 $145,000 $145,000 $4,914 6.50%
WACO, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,553 7.38%
Ada, OK (FHA|USDA|VA) 1 $145,000 $145,000 $2,488 6.88%
VINELAND-BRIDGETON, NJ (FHA|USDA|VA) 1 $135,000 $135,000 $6,225 6.88%
ROME, GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,621 6.50%
Meadville, PA (FHA|USDA|VA) 1 $135,000 $135,000 $4,372 6.75%
Cedar City, UT (FHA|USDA|VA) 1 $125,000 $125,000 $0 6.88%
LaGrange, GA-AL (FHA|USDA|VA) 1 $115,000 $115,000 $0 7.25%
BRUNSWICK, GA (FHA|USDA|VA) 1 $115,000 $115,000 $4,086 6.63%
ENID, OK (FHA|USDA|VA) 1 $115,000 $115,000 $4,530 7.25%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $115,000 $115,000 $4,277 7.00%
Ponca City, OK (FHA|USDA|VA) 1 $105,000 $105,000 $5,243 5.25%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $105,000 $105,000 $2,924 6.25%
Stillwater, OK (FHA|USDA|VA) 1 $95,000 $95,000 $0 7.00%
Marion, IN (FHA|USDA|VA) 1 $95,000 $95,000 $4,368 6.88%
Provident Funding Associates L.p.'s top markets include Dallas, Atlanta, Philadelphia, Houston, and Portland among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Pennsylvania (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 11,958 $4,781,920,000 $399,893 $6,116 6.44%

    For 2023, Provident Funding Associates L.p.'s most frequently originated type of loan was Conventional, with 11,958 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 11,167 $4,517,425,000 $404,533 $6,239 6.45%
    Refi 418 $153,360,000 $366,890 $4,475 6.23%
    Cash Out Refi 373 $111,135,000 $297,949 $4,441 6.32%

    For 2023, Provident Funding Associates L.p.'s most frequently cited loan purpose was Home Purchase, with 11,167 originations. The 2nd most popular reason was Refi, with 418 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 11,037 $4,471,845,000 $405,169 $6,179 6.49%
    15 Year 710 $244,890,000 $344,915 $5,545 5.72%
    20 Year 149 $51,885,000 $348,221 $4,853 6.59%
    10 Year 57 $11,905,000 $208,860 $4,085 5.84%
    Other 5 $1,395,000 $279,000 $4,067 6.30%

    For 2023, Provident Funding Associates L.p.'s most frequently cited loan duration was 30 Year, with 11,037 originations. The 2nd most popular length was 15 Year, with 710 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 6,173 $2,578,475,000 $417,702
    $5k+ 1,559 $731,715,000 $469,349
    $2k-3k 1,308 $524,050,000 $400,650
    $3k-4k 745 $299,725,000 $402,315
    $<1k 630 $155,800,000 $247,302
    $4k-5k 476 $203,290,000 $427,080

    Provident Funding Associates L.p.'s average total fees were $6,179, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 6,173 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 6,647 $2,665,405,000 $400,994
    5-6% 3,400 $1,366,160,000 $401,812
    7-8% 1,828 $719,060,000 $393,359
    4-5% 75 $28,385,000 $378,467
    Over 8% 7 $2,345,000 $335,000
    3-4% 1 $565,000 $565,000

    During 2023, Provident Funding Associates L.p.'s average interest rate for loans was 6.49%, while their most frequently originated rate bucket for loans was 6-7%, with 6,647 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 5,214 $1,583,510,000 $303,703 $5,391 6.47%
    $400k-600k 3,909 $1,906,465,000 $487,712 $6,775 6.42%
    $600k-1MM 1,649 $1,109,335,000 $672,732 $7,861 6.44%
    $100k-200k 1,090 $173,640,000 $159,303 $3,912 6.41%
    $100,000 or less 95 $7,575,000 $79,737 $3,088 6.35%
    $1MM+ 1 $1,395,000 $1,395,000 $0 6.38%

    2023 saw Provident Funding Associates L.p. place emphasis on $200k-400k loans with 5,214 originations, totaling $1,583,510,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 4,032 $1,874,130,000 $464,814 $6,716 6.46%
    $100k-150k 3,605 $1,378,615,000 $382,417 $6,106 6.42%
    $250k+ 1,603 $803,265,000 $501,101 $7,108 6.51%
    $75k-100k 1,566 $474,020,000 $302,695 $5,175 6.43%
    $50k-75k 965 $224,505,000 $232,648 $4,507 6.38%
    $50k or less 187 $27,385,000 $146,444 $3,416 6.29%

    Provident Funding Associates L.p. lent most frequently to those with incomes in the $150k-250k range, with 4,032 originations. The second most popular income band? $100k-150k, with 3,605 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 2,316 $910,290,000 $393,044 $5,947 6.43%
    20-30% 2,255 $829,155,000 $367,696 $5,716 6.39%
    49% 669 $287,625,000 $429,933 $6,809 6.52%
    41% 515 $213,815,000 $415,175 $6,025 6.43%
    42% 508 $209,700,000 $412,795 $6,379 6.46%
    <20% 504 $155,550,000 $308,631 $5,273 6.38%
    44% 504 $218,340,000 $433,214 $6,450 6.51%
    39% 502 $202,390,000 $403,167 $6,139 6.45%
    37% 489 $197,005,000 $402,873 $6,181 6.47%
    43% 474 $201,610,000 $425,338 $6,555 6.48%
    48% 470 $204,010,000 $434,064 $6,780 6.49%
    40% 469 $197,605,000 $421,333 $6,175 6.38%
    45% 463 $195,495,000 $422,235 $6,296 6.49%
    38% 452 $185,700,000 $410,841 $5,976 6.43%
    46% 450 $193,670,000 $430,378 $6,603 6.52%
    47% 438 $185,880,000 $424,384 $6,369 6.49%
    36% 399 $156,885,000 $393,195 $5,821 6.41%
    50-60% 81 $37,195,000 $459,198 $6,915 6.35%

    Provident Funding Associates L.p. lent most frequently to those with DTI ratios of 30-36%, with 2,316 originations. The next most common DTI ratio? 20-30%, with 2,255 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 4,872 $1,848,880,000 $379,491 $6,157 6.48%
    Asian 4,267 $1,810,755,000 $424,363 $6,002 6.38%
    Not provided 2,607 $1,042,945,000 $400,056 $6,115 6.47%
    Black 190 $70,780,000 $372,526 $7,126 6.54%
    American Indian 13 $4,535,000 $348,846 $7,225 6.14%
    Native Hawaiian or Islander 9 $4,025,000 $447,222 $8,833 6.33%

    Approval Rates

    Total approvals of all applications
    93.29%

    Provident Funding Associates L.p. has an average approval rate.

    Pick Rate

    Approvals leading to origination
    54.39%

    Provident Funding Associates L.p. 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 11,958 $4,781,920,000 $399,893

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    11,958 $4,781,920,000 $399,893

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 624 $153,130,000 $245,401 $4,473 6.27%
    40-60% 1,362 $471,550,000 $346,219 $5,385 6.37%
    60-80% 4,554 $1,819,730,000 $399,589 $6,282 6.48%
    80-100% 5,326 $2,322,840,000 $436,132 $6,387 6.45%
    Under 20% 92 $14,670,000 $159,457 $3,846 6.29%