Arc Home Mortgage Rates, Fees & Info

BALTIMORE, MD

LEI: 54930048P8RWCQHQM310

Tax ID: 14-1841762

1 stars - Updated: 11/17/24

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

Review & Overview

Arc Home is a small mortgage company specializing in Home Purchase loans. Arc Home has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets by origination volume include: New York, Los Angeles, Washington, Miami, and Phoenix among others. We have data for 255 markets. (Some data included below & more in-depth data is available with an active subscription.)

Arc Home has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Arc Home 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 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	7.36%	11/17/24
30 Year Conventional Refi	6.77%	11/17/24
30 Year Cash-out Refi	7.24%	11/17/24
30 Year FHA Purchase	7.33%	11/17/24
30 Year FHA Refi	6.98%	11/17/24
30 Year VA Purchase	6.19%	11/17/24
30 Year VA Refi	5.70%	11/17/24
30 Year USDA Purchase	6.94%	11/17/24
30 Year USDA Refi	6.58%	11/17/24
15 Year Conventional Purchase	6.19%	11/17/24
15 Year Conventional Refi	5.92%	11/17/24
15 Year Cash-out Refi	5.92%	11/17/24
15 Year FHA Purchase	5.68%	11/17/24
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.

Arc Home Mortgage Calculator

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This is not an official calculator from Arc Home. 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

2,447

Origination Dollar Volume (All Markets)

$1,120,235,000

Relative Rate

Arc Home's average 30 year fixed mortgage rate was 7.71%.

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

This yields a difference of 1.23%.

Relative Fees (Closing Costs)

Arc Home's average total fees/closing costs for a 30 year fixed rate mortgage were $12,080.

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
New York-Newark-Jersey City, NY-NJ-PA (FHA\|USDA\|VA)	199	$113,165,000	$568,668	$16,262	7.63%
Los Angeles-Long Beach-Anaheim, CA (FHA\|USDA\|VA)	93	$84,015,000	$903,387	$18,357	8.00%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA\|USDA\|VA)	174	$80,710,000	$463,851	$12,821	6.94%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA\|USDA\|VA)	129	$74,015,000	$573,760	$22,040	8.14%
PHOENIX-MESA-CHANDLER, AZ (FHA\|USDA\|VA)	85	$43,615,000	$513,118	$10,321	7.79%
San Francisco-Oakland-Berkeley, CA (FHA\|USDA\|VA)	47	$36,205,000	$770,319	$14,666	7.74%
Dallas-Fort Worth-Arlington, TX (FHA\|USDA\|VA)	81	$34,075,000	$420,679	$12,644	8.15%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA\|USDA\|VA)	68	$31,700,000	$466,176	$11,251	7.84%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA\|USDA\|VA)	37	$30,405,000	$821,757	$17,952	7.88%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA\|USDA\|VA)	60	$23,550,000	$392,500	$12,104	7.12%
Seattle-Tacoma-Bellevue, WA (FHA\|USDA\|VA)	42	$23,030,000	$548,333	$10,027	7.37%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA\|USDA\|VA)	52	$19,320,000	$371,538	$11,798	7.92%
Outside of Metro Areas	63	$18,295,000	$290,397	$7,854	7.52%
Boston-Cambridge-Newton, MA-NH (FHA\|USDA\|VA)	30	$16,950,000	$565,000	$9,470	7.74%
Chicago-Naperville-Elgin, IL-IN-WI (FHA\|USDA\|VA)	42	$16,620,000	$395,714	$10,989	7.81%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA\|USDA\|VA)	46	$15,580,000	$338,696	$12,067	7.84%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA\|USDA\|VA)	45	$13,745,000	$305,444	$9,032	7.52%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA\|USDA\|VA)	31	$12,795,000	$412,742	$11,206	7.96%
North Port-Sarasota-Bradenton, FL (FHA\|USDA\|VA)	23	$12,565,000	$546,304	$16,107	7.59%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA\|USDA\|VA)	29	$12,535,000	$432,241	$11,829	7.91%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA\|USDA\|VA)	24	$12,520,000	$521,667	$16,427	7.91%
CAPE CORAL-FORT MYERS, FL (FHA\|USDA\|VA)	30	$11,450,000	$381,667	$11,717	7.62%
DENVER-AURORA-LAKEWOOD, CO (FHA\|USDA\|VA)	16	$10,960,000	$685,000	$8,108	7.86%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA\|USDA\|VA)	23	$10,485,000	$455,870	$10,709	8.14%
PROVIDENCE-WARWICK, RI-MA (FHA\|USDA\|VA)	26	$10,230,000	$393,462	$12,803	8.10%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA\|USDA\|VA)	11	$9,575,000	$870,455	$11,865	7.84%
CINCINNATI, OH-KY-IN (FHA\|USDA\|VA)	48	$8,890,000	$185,208	$7,733	7.19%
SALT LAKE CITY, UT (FHA\|USDA\|VA)	9	$8,375,000	$930,556	$10,137	7.79%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA\|USDA\|VA)	16	$7,700,000	$481,250	$10,666	7.85%
PITTSBURGH, PA (FHA\|USDA\|VA)	22	$7,190,000	$326,818	$8,250	7.33%
LAKELAND-WINTER HAVEN, FL (FHA\|USDA\|VA)	18	$6,430,000	$357,222	$12,143	7.88%
JACKSONVILLE, FL (FHA\|USDA\|VA)	15	$6,405,000	$427,000	$12,776	7.63%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA\|USDA\|VA)	19	$6,195,000	$326,053	$10,787	7.78%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA\|USDA\|VA)	18	$6,120,000	$340,000	$10,295	8.08%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA\|USDA\|VA)	13	$6,105,000	$469,615	$12,210	8.36%
PUNTA GORDA, FL (FHA\|USDA\|VA)	11	$5,665,000	$515,000	$19,077	7.97%
Sevierville, TN (FHA\|USDA\|VA)	8	$5,650,000	$706,250	$16,915	7.89%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA\|USDA\|VA)	14	$5,530,000	$395,000	$10,078	7.76%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA\|USDA\|VA)	10	$4,880,000	$488,000	$14,198	8.35%
Heber, UT (FHA\|USDA\|VA)	3	$4,795,000	$1,598,333	$14,001	8.21%
CHARLESTON-NORTH CHARLESTON, SC (FHA\|USDA\|VA)	6	$4,780,000	$796,667	$8,811	7.88%
PROVO-OREM, UT (FHA\|USDA\|VA)	12	$4,760,000	$396,667	$10,002	7.92%
NAPLES-MARCO ISLAND, FL (FHA\|USDA\|VA)	10	$4,670,000	$467,000	$12,366	8.25%
WORCESTER, MA-CT (FHA\|USDA\|VA)	11	$4,575,000	$415,909	$7,333	8.38%
ALTOONA, PA (FHA\|USDA\|VA)	22	$4,550,000	$206,818	$4,572	6.46%
NEW HAVEN-MILFORD, CT (FHA\|USDA\|VA)	18	$4,470,000	$248,333	$9,528	7.60%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA\|USDA\|VA)	16	$4,420,000	$276,250	$6,688	7.23%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA\|USDA\|VA)	14	$4,380,000	$312,857	$9,780	7.19%
BEND, OR (FHA\|USDA\|VA)	7	$4,245,000	$606,429	$11,749	7.27%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA\|USDA\|VA)	6	$4,090,000	$681,667	$7,495	7.44%
STOCKTON, CA (FHA\|USDA\|VA)	10	$4,000,000	$400,000	$8,700	7.89%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA\|USDA\|VA)	11	$3,995,000	$363,182	$12,735	7.91%
PORT ST. LUCIE, FL (FHA\|USDA\|VA)	13	$3,845,000	$295,769	$6,700	7.80%
OCEAN CITY, NJ (FHA\|USDA\|VA)	2	$3,750,000	$1,875,000	$7,042	7.88%
Key West, FL (FHA\|USDA\|VA)	5	$3,725,000	$745,000	$15,746	8.07%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA\|USDA\|VA)	11	$3,665,000	$333,182	$8,608	7.86%
SALINAS, CA (FHA\|USDA\|VA)	2	$3,540,000	$1,770,000	$42,408	8.06%
EAST STROUDSBURG, PA (FHA\|USDA\|VA)	13	$3,535,000	$271,923	$11,472	7.69%
Detroit-Warren-Dearborn, MI (FHA\|USDA\|VA)	9	$3,455,000	$383,889	$7,698	8.06%
SANTA MARIA-SANTA BARBARA, CA (FHA\|USDA\|VA)	7	$3,455,000	$493,571	$9,813	8.20%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA\|USDA\|VA)	6	$3,230,000	$538,333	$9,989	8.54%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA\|USDA\|VA)	4	$3,220,000	$805,000	$18,408	7.91%
HARRISBURG-CARLISLE, PA (FHA\|USDA\|VA)	11	$3,045,000	$276,818	$9,716	6.46%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA\|USDA\|VA)	12	$2,980,000	$248,333	$10,321	7.93%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA\|USDA\|VA)	4	$2,950,000	$737,500	$17,414	8.41%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA\|USDA\|VA)	7	$2,885,000	$412,143	$10,808	8.34%
Concord, NH (FHA\|USDA\|VA)	5	$2,675,000	$535,000	$7,484	7.42%
RICHMOND, VA (FHA\|USDA\|VA)	9	$2,615,000	$290,556	$11,679	7.18%
MEDFORD, OR (FHA\|USDA\|VA)	3	$2,515,000	$838,333	$21,796	7.96%
NAPA, CA (FHA\|USDA\|VA)	3	$2,485,000	$828,333	$9,385	8.63%
RALEIGH-CARY, NC (FHA\|USDA\|VA)	6	$2,430,000	$405,000	$10,608	8.08%
NEW ORLEANS-METAIRIE, LA (FHA\|USDA\|VA)	8	$2,410,000	$301,250	$10,971	8.66%
MODESTO, CA (FHA\|USDA\|VA)	6	$2,300,000	$383,333	$8,469	8.23%
READING, PA (FHA\|USDA\|VA)	9	$2,235,000	$248,333	$9,083	6.69%
LAKE HAVASU CITY-KINGMAN, AZ (FHA\|USDA\|VA)	4	$2,170,000	$542,500	$10,847	7.41%
Holland, MI (FHA\|USDA\|VA)	1	$2,145,000	$2,145,000	$7,934	8.38%
FRESNO, CA (FHA\|USDA\|VA)	5	$2,125,000	$425,000	$15,950	7.15%
OCALA, FL (FHA\|USDA\|VA)	8	$2,100,000	$262,500	$7,148	7.56%
LANCASTER, PA (FHA\|USDA\|VA)	6	$2,040,000	$340,000	$7,970	6.65%
COLORADO SPRINGS, CO (FHA\|USDA\|VA)	6	$2,020,000	$336,667	$6,195	7.81%
Edwards, CO (FHA\|USDA\|VA)	2	$2,020,000	$1,010,000	$22,874	8.50%
BAKERSFIELD, CA (FHA\|USDA\|VA)	7	$1,995,000	$285,000	$10,632	8.46%
ATLANTIC CITY-HAMMONTON, NJ (FHA\|USDA\|VA)	3	$1,985,000	$661,667	$14,859	7.29%
COLUMBUS, OH (FHA\|USDA\|VA)	6	$1,960,000	$326,667	$7,186	8.04%
JOHNSTOWN, PA (FHA\|USDA\|VA)	12	$1,940,000	$161,667	$5,110	6.56%
HUNTSVILLE, AL (FHA\|USDA\|VA)	6	$1,940,000	$323,333	$12,270	6.88%
GREENVILLE-ANDERSON, SC (FHA\|USDA\|VA)	5	$1,895,000	$379,000	$17,533	7.55%
Sebastian-Vero Beach, FL (FHA\|USDA\|VA)	3	$1,885,000	$628,333	$12,670	8.25%
CLEVELAND-ELYRIA, OH (FHA\|USDA\|VA)	9	$1,865,000	$207,222	$7,923	7.85%
ALBANY-SCHENECTADY-TROY, NY (FHA\|USDA\|VA)	7	$1,845,000	$263,571	$13,148	8.73%
Oak Harbor, WA (FHA\|USDA\|VA)	4	$1,840,000	$460,000	$4,305	7.94%
SANTA ROSA-PETALUMA, CA (FHA\|USDA\|VA)	2	$1,790,000	$895,000	$14,041	7.56%
FLAGSTAFF, AZ (FHA\|USDA\|VA)	2	$1,780,000	$890,000	$10,014	8.50%
PORTLAND-SOUTH PORTLAND, ME (FHA\|USDA\|VA)	1	$1,755,000	$1,755,000	$31,440	8.38%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA\|USDA\|VA)	3	$1,735,000	$578,333	$14,222	7.83%
SALISBURY, MD-DE (FHA\|USDA\|VA)	4	$1,700,000	$425,000	$12,682	7.72%
OGDEN-CLEARFIELD, UT (FHA\|USDA\|VA)	4	$1,690,000	$422,500	$9,469	8.06%
Fredericksburg, TX (FHA\|USDA\|VA)	3	$1,685,000	$561,667	$14,055	6.49%
SCRANTON--WILKES-BARRE, PA (FHA\|USDA\|VA)	5	$1,685,000	$337,000	$14,405	8.70%
ROANOKE, VA (FHA\|USDA\|VA)	9	$1,585,000	$176,111	$7,110	7.04%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA\|USDA\|VA)	3	$1,505,000	$501,667	$14,740	8.33%
ASHEVILLE, NC (FHA\|USDA\|VA)	4	$1,380,000	$345,000	$11,739	8.63%
BOISE CITY, ID (FHA\|USDA\|VA)	3	$1,355,000	$451,667	$11,329	8.29%
SANTA FE, NM (FHA\|USDA\|VA)	3	$1,335,000	$445,000	$7,886	8.42%
Newport, OR (FHA\|USDA\|VA)	3	$1,315,000	$438,333	$8,582	7.25%
ST. GEORGE, UT (FHA\|USDA\|VA)	2	$1,290,000	$645,000	$10,172	9.13%
TUCSON, AZ (FHA\|USDA\|VA)	5	$1,265,000	$253,000	$7,588	8.00%
Show Low, AZ (FHA\|USDA\|VA)	2	$1,260,000	$630,000	$16,087	8.06%
NORWICH-NEW LONDON, CT (FHA\|USDA\|VA)	4	$1,250,000	$312,500	$5,898	8.06%
SHERMAN-DENISON, TX (FHA\|USDA\|VA)	5	$1,215,000	$243,000	$13,392	7.95%
SYRACUSE, NY (FHA\|USDA\|VA)	7	$1,205,000	$172,143	$5,738	6.73%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA\|USDA\|VA)	5	$1,195,000	$239,000	$7,162	8.17%
COLUMBIA, SC (FHA\|USDA\|VA)	4	$1,190,000	$297,500	$12,565	7.38%
JACKSONVILLE, NC (FHA\|USDA\|VA)	1	$1,155,000	$1,155,000	$0	7.88%
LOUISVILLE, KY (FHA\|USDA\|VA)	5	$1,145,000	$229,000	$3,790	7.03%
TRENTON-PRINCETON, NJ (FHA\|USDA\|VA)	5	$1,135,000	$227,000	$9,169	8.60%
ROCHESTER, NY (FHA\|USDA\|VA)	3	$1,125,000	$375,000	$12,237	7.83%
RENO, NV (FHA\|USDA\|VA)	2	$1,090,000	$545,000	$0	7.69%
MEMPHIS, TN-MS-AR (FHA\|USDA\|VA)	2	$1,090,000	$545,000	$17,557	8.06%
Astoria, OR (FHA\|USDA\|VA)	2	$1,050,000	$525,000	$5,559	7.75%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA\|USDA\|VA)	3	$1,025,000	$341,667	$8,461	7.83%
Sonora, CA (FHA\|USDA\|VA)	3	$1,025,000	$341,667	$7,980	6.96%
MADISON, WI (FHA\|USDA\|VA)	2	$1,020,000	$510,000	$15,544	8.63%
YORK-HANOVER, PA (FHA\|USDA\|VA)	4	$1,010,000	$252,500	$8,452	8.03%
Granbury, TX (FHA\|USDA\|VA)	2	$990,000	$495,000	$14,376	8.88%
SALEM, OR (FHA\|USDA\|VA)	4	$950,000	$237,500	$8,508	7.31%
KILLEEN-TEMPLE, TX (FHA\|USDA\|VA)	4	$920,000	$230,000	$6,482	8.41%
Lebanon, NH-VT (FHA\|USDA\|VA)	4	$920,000	$230,000	$4,599	8.97%
MANCHESTER-NASHUA, NH (FHA\|USDA\|VA)	2	$880,000	$440,000	$13,196	8.19%
KANSAS CITY, MO-KS (FHA\|USDA\|VA)	4	$850,000	$212,500	$7,929	8.16%
Albertville, AL (FHA\|USDA\|VA)	1	$845,000	$845,000	$23,948	9.00%
WENATCHEE, WA (FHA\|USDA\|VA)	2	$840,000	$420,000	$8,210	7.06%
Glenwood Springs, CO (FHA\|USDA\|VA)	1	$835,000	$835,000	$4,912	9.75%
TALLAHASSEE, FL (FHA\|USDA\|VA)	3	$835,000	$278,333	$11,610	8.00%
Boone, NC (FHA\|USDA\|VA)	3	$835,000	$278,333	$3,721	7.08%
Kill Devil Hills, NC (FHA\|USDA\|VA)	1	$825,000	$825,000	$13,106	8.00%
IDAHO FALLS, ID (FHA\|USDA\|VA)	2	$790,000	$395,000	$7,136	6.88%
Laconia, NH (FHA\|USDA\|VA)	2	$770,000	$385,000	$7,726	7.50%
VALLEJO, CA (FHA\|USDA\|VA)	2	$740,000	$370,000	$4,602	8.25%
Payson, AZ (FHA\|USDA\|VA)	3	$735,000	$245,000	$8,558	7.33%
MILWAUKEE-WAUKESHA, WI (FHA\|USDA\|VA)	6	$730,000	$121,667	$4,495	7.54%
Cullowhee, NC (FHA\|USDA\|VA)	1	$725,000	$725,000	$0	8.88%
PANAMA CITY, FL (FHA\|USDA\|VA)	1	$725,000	$725,000	$16,557	7.88%
BELLINGHAM, WA (FHA\|USDA\|VA)	1	$725,000	$725,000	$4,147	8.13%
GRAND JUNCTION, CO (FHA\|USDA\|VA)	2	$720,000	$360,000	$11,477	7.38%
CANTON-MASSILLON, OH (FHA\|USDA\|VA)	10	$700,000	$70,000	$3,343	7.43%
PITTSFIELD, MA (FHA\|USDA\|VA)	3	$695,000	$231,667	$9,502	8.21%
VISALIA, CA (FHA\|USDA\|VA)	3	$675,000	$225,000	$7,854	7.67%
SPRINGFIELD, MA (FHA\|USDA\|VA)	3	$675,000	$225,000	$6,099	6.41%
EUGENE-SPRINGFIELD, OR (FHA\|USDA\|VA)	2	$670,000	$335,000	$8,318	8.31%
CORPUS CHRISTI, TX (FHA\|USDA\|VA)	3	$665,000	$221,667	$7,941	7.04%
Torrington, CT (FHA\|USDA\|VA)	2	$660,000	$330,000	$4,962	7.31%
MOBILE, AL (FHA\|USDA\|VA)	3	$645,000	$215,000	$7,834	9.38%
BARNSTABLE TOWN, MA (FHA\|USDA\|VA)	2	$640,000	$320,000	$8,172	7.94%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA\|USDA\|VA)	3	$615,000	$205,000	$11,634	8.96%
LAKE CHARLES, LA (FHA\|USDA\|VA)	1	$605,000	$605,000	$0	7.75%
OKLAHOMA CITY, OK (FHA\|USDA\|VA)	4	$590,000	$147,500	$4,292	6.81%
LEBANON, PA (FHA\|USDA\|VA)	3	$585,000	$195,000	$6,752	6.96%
GREELEY, CO (FHA\|USDA\|VA)	2	$580,000	$290,000	$0	8.75%
PENSACOLA-FERRY PASS-BRENT, FL (FHA\|USDA\|VA)	2	$560,000	$280,000	$8,317	9.13%
SHREVEPORT-BOSSIER CITY, LA (FHA\|USDA\|VA)	2	$560,000	$280,000	$15,118	10.06%
FARMINGTON, NM (FHA\|USDA\|VA)	1	$555,000	$555,000	$15,250	7.88%
MORRISTOWN, TN (FHA\|USDA\|VA)	1	$545,000	$545,000	$4,562	9.13%
OLYMPIA-LACEY-TUMWATER, WA (FHA\|USDA\|VA)	1	$525,000	$525,000	$4,333	7.38%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA\|USDA\|VA)	2	$510,000	$255,000	$5,588	9.88%
BOULDER, CO (FHA\|USDA\|VA)	1	$505,000	$505,000	$17,642	6.63%
WINCHESTER, VA-WV (FHA\|USDA\|VA)	2	$500,000	$250,000	$5,027	6.43%
ST. LOUIS, MO-IL (FHA\|USDA\|VA)	4	$500,000	$125,000	$4,779	7.09%
BIRMINGHAM-HOOVER, AL (FHA\|USDA\|VA)	4	$500,000	$125,000	$5,813	7.34%
Prineville, OR (FHA\|USDA\|VA)	1	$495,000	$495,000	$14,059	8.00%
AKRON, OH (FHA\|USDA\|VA)	3	$485,000	$161,667	$6,108	8.42%
DURHAM-CHAPEL HILL, NC (FHA\|USDA\|VA)	2	$480,000	$240,000	$8,986	8.00%
MIDLAND, TX (FHA\|USDA\|VA)	1	$465,000	$465,000	$6,624	9.88%
LONGVIEW, WA (FHA\|USDA\|VA)	1	$445,000	$445,000	$16,030	6.50%
ALBUQUERQUE, NM (FHA\|USDA\|VA)	2	$440,000	$220,000	$4,671	8.56%
Augusta-Waterville, ME (FHA\|USDA\|VA)	1	$425,000	$425,000	$8,121	8.25%
Ukiah, CA (FHA\|USDA\|VA)	1	$425,000	$425,000	$5,328	7.25%
Angola, IN (FHA\|USDA\|VA)	1	$425,000	$425,000	$2,668	7.50%
DAYTON-KETTERING, OH (FHA\|USDA\|VA)	2	$420,000	$210,000	$7,539	6.13%
BILLINGS, MT (FHA\|USDA\|VA)	1	$415,000	$415,000	$16,295	8.88%
YUBA CITY, CA (FHA\|USDA\|VA)	1	$415,000	$415,000	$24,423	5.88%
Outside of Metro Areas	1	$405,000	$405,000	$0	8.00%
Lawrenceburg, TN (FHA\|USDA\|VA)	1	$405,000	$405,000	$8,921	8.13%
KINGSTON, NY (FHA\|USDA\|VA)	1	$395,000	$395,000	$6,021	6.38%
Port Lavaca, TX (FHA\|USDA\|VA)	1	$385,000	$385,000	$16,537	8.63%
EL PASO, TX (FHA\|USDA\|VA)	1	$375,000	$375,000	$4,827	8.13%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA\|USDA\|VA)	2	$370,000	$185,000	$0	8.00%
Kalispell, MT (FHA\|USDA\|VA)	1	$355,000	$355,000	$0	8.25%
MOUNT VERNON-ANACORTES, WA (FHA\|USDA\|VA)	1	$355,000	$355,000	$4,930	7.25%
Newport, TN (FHA\|USDA\|VA)	1	$345,000	$345,000	$13,080	7.00%
ATHENS-CLARKE COUNTY, GA (FHA\|USDA\|VA)	1	$345,000	$345,000	$11,422	6.88%
CHATTANOOGA, TN-GA (FHA\|USDA\|VA)	2	$340,000	$170,000	$7,598	7.69%
SPOKANE-SPOKANE VALLEY, WA (FHA\|USDA\|VA)	1	$335,000	$335,000	$4,044	8.63%
Truckee-Grass Valley, CA (FHA\|USDA\|VA)	1	$335,000	$335,000	$3,901	8.25%
LEXINGTON-FAYETTE, KY (FHA\|USDA\|VA)	1	$325,000	$325,000	$9,352	7.50%
Portsmouth, OH (FHA\|USDA\|VA)	1	$325,000	$325,000	$9,791	6.13%
West Plains, MO (FHA\|USDA\|VA)	1	$315,000	$315,000	$8,359	8.50%
Bellefontaine, OH (FHA\|USDA\|VA)	1	$315,000	$315,000	$0	8.25%
Coos Bay, OR (FHA\|USDA\|VA)	1	$305,000	$305,000	$4,370	8.50%
KENNEWICK-RICHLAND, WA (FHA\|USDA\|VA)	1	$305,000	$305,000	$8,382	8.13%
UTICA-ROME, NY (FHA\|USDA\|VA)	2	$300,000	$150,000	$5,989	6.63%
KNOXVILLE, TN (FHA\|USDA\|VA)	1	$295,000	$295,000	$6,275	6.75%
Georgetown, SC (FHA\|USDA\|VA)	1	$295,000	$295,000	$9,455	7.50%
NEW BERN, NC (FHA\|USDA\|VA)	1	$295,000	$295,000	$9,435	7.38%
Whitewater, WI (FHA\|USDA\|VA)	1	$295,000	$295,000	$12,024	6.75%
Paragould, AR (FHA\|USDA\|VA)	1	$285,000	$285,000	$7,928	8.88%
SAVANNAH, GA (FHA\|USDA\|VA)	1	$275,000	$275,000	$8,343	7.38%
Russellville, AR (FHA\|USDA\|VA)	1	$275,000	$275,000	$5,981	8.00%
Zanesville, OH (FHA\|USDA\|VA)	2	$270,000	$135,000	$9,680	7.81%
LONGVIEW, TX (FHA\|USDA\|VA)	1	$265,000	$265,000	$5,784	6.50%
CHAMBERSBURG-WAYNESBORO, PA (FHA\|USDA\|VA)	1	$265,000	$265,000	$7,139	6.25%
MICHIGAN CITY-LA PORTE, IN (FHA\|USDA\|VA)	1	$255,000	$255,000	$2,611	7.50%
BUFFALO-CHEEKTOWAGA, NY (FHA\|USDA\|VA)	1	$245,000	$245,000	$0	8.13%
ODESSA, TX (FHA\|USDA\|VA)	1	$245,000	$245,000	$10,707	10.25%
Athens, TX (FHA\|USDA\|VA)	1	$245,000	$245,000	$0	8.75%
DOVER, DE (FHA\|USDA\|VA)	1	$235,000	$235,000	$7,345	5.88%
Eagle Pass, TX (FHA\|USDA\|VA)	1	$235,000	$235,000	$11,598	7.25%
CLARKSVILLE, TN-KY (FHA\|USDA\|VA)	1	$235,000	$235,000	$6,678	7.50%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA\|USDA\|VA)	1	$235,000	$235,000	$0	8.75%
TOLEDO, OH (FHA\|USDA\|VA)	1	$235,000	$235,000	$7,218	7.13%
Hood River, OR (FHA\|USDA\|VA)	1	$235,000	$235,000	$4,096	8.50%
Defiance, OH (FHA\|USDA\|VA)	1	$225,000	$225,000	$10,865	7.63%
HAMMOND, LA (FHA\|USDA\|VA)	1	$225,000	$225,000	$14,446	9.13%
Gainesville, TX (FHA\|USDA\|VA)	1	$225,000	$225,000	$11,785	7.75%
Martinsville, VA (FHA\|USDA\|VA)	1	$225,000	$225,000	$4,495	6.50%
Huntingdon, PA (FHA\|USDA\|VA)	1	$215,000	$215,000	$5,399	5.88%
Cambridge, MD (FHA\|USDA\|VA)	1	$215,000	$215,000	$9,638	7.13%
Nogales, AZ (FHA\|USDA\|VA)	1	$215,000	$215,000	$4,907	7.25%
HOMOSASSA SPRINGS, FL (FHA\|USDA\|VA)	1	$205,000	$205,000	$8,104	8.88%
THE VILLAGES, FL (FHA\|USDA\|VA)	1	$195,000	$195,000	$10,254	7.63%
Klamath Falls, OR (FHA\|USDA\|VA)	1	$195,000	$195,000	$6,687	6.38%
Washington Court House, OH (FHA\|USDA\|VA)	1	$185,000	$185,000	$7,009	6.38%
Tullahoma-Manchester, TN (FHA\|USDA\|VA)	1	$185,000	$185,000	$9,993	9.13%
WICHITA, KS (FHA\|USDA\|VA)	1	$185,000	$185,000	$9,009	7.50%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA\|USDA\|VA)	1	$185,000	$185,000	$3,636	6.75%
MERCED, CA (FHA\|USDA\|VA)	1	$175,000	$175,000	$8,132	5.99%
Columbus, MS (FHA\|USDA\|VA)	1	$175,000	$175,000	$9,295	6.75%
FAYETTEVILLE, NC (FHA\|USDA\|VA)	1	$175,000	$175,000	$9,338	8.25%
GREAT FALLS, MT (FHA\|USDA\|VA)	1	$165,000	$165,000	$7,407	9.00%
GULFPORT-BILOXI, MS (FHA\|USDA\|VA)	1	$165,000	$165,000	$7,956	7.13%
NILES, MI (FHA\|USDA\|VA)	1	$165,000	$165,000	$3,236	7.50%
VINELAND-BRIDGETON, NJ (FHA\|USDA\|VA)	1	$155,000	$155,000	$3,996	8.50%
LUBBOCK, TX (FHA\|USDA\|VA)	1	$155,000	$155,000	$0	8.00%
Okeechobee, FL (FHA\|USDA\|VA)	1	$155,000	$155,000	$5,861	5.99%
Orangeburg, SC (FHA\|USDA\|VA)	1	$145,000	$145,000	$5,830	8.50%
Moses Lake, WA (FHA\|USDA\|VA)	1	$135,000	$135,000	$5,395	7.38%
WEIRTON-STEUBENVILLE, WV-OH (FHA\|USDA\|VA)	1	$125,000	$125,000	$7,953	6.13%
Albemarle, NC (FHA\|USDA\|VA)	1	$125,000	$125,000	$4,105	9.13%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA\|USDA\|VA)	1	$115,000	$115,000	$0	9.00%
BATON ROUGE, LA (FHA\|USDA\|VA)	1	$105,000	$105,000	$6,611	8.13%
TYLER, TX (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	8.50%
Altus, OK (FHA\|USDA\|VA)	1	$105,000	$105,000	$0	8.25%
BLOOMINGTON, IN (FHA\|USDA\|VA)	1	$95,000	$95,000	$2,734	6.25%
Willmar, MN (FHA\|USDA\|VA)	1	$95,000	$95,000	$2,986	6.50%
Lock Haven, PA (FHA\|USDA\|VA)	1	$65,000	$65,000	$3,979	7.99%

Arc Home's top markets include New York, Los Angeles, Washington, Miami, and Phoenix among others.

Their top states include:

California (FHA|USDA|VA)

Florida (FHA|USDA|VA)

New York (FHA|USDA|VA)

Texas (FHA|USDA|VA)

Virginia (FHA|USDA|VA)

Similar Lenders

We use machine learning to identify the top lenders compared against ARC HOME based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

Walden Savings Bank
Similarity Rank: 15

Republic Bank
Similarity Rank: 21

OCEAN STATE CREDIT UNION
Similarity Rank: 45

SOMERSET
Similarity Rank: 48

Sharon & Crescent United Credit Union
Similarity Rank: 50

Charter Oak Federal Credit Union
Similarity Rank: 56

HOMEFIELD
Similarity Rank: 75

MISSION
Similarity Rank: 93

ROCKLAND
Similarity Rank: 96

Middlesex Savings Bank
Similarity Rank: 108

Product Mix

Loan Type	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Conventional	2,310	$1,072,450,000	$464,264	$11,800	7.77%
FHA	129	$45,445,000	$352,287	$16,618	6.54%
VA	8	$2,340,000	$292,500	$8,246	6.05%

For 2023, Arc Home's most frequently originated type of loan was Conventional, with 2,310 originations. Their 2nd most popular type was FHA, with 129 originations.

Loan Reason

Loan Reason	Originations	Total Value	Avg. Loan	Avg. Fees	Avg. Rate
Home Purchase	1,921	$896,375,000	$466,619	$12,341	7.64%
Cash Out Refi	422	$170,130,000	$403,152	$10,908	7.92%
Refi	104	$53,730,000	$516,635	$11,168	7.96%

For 2023, Arc Home's most frequently cited loan purpose was Home Purchase, with 1,921 originations. The 2nd most popular reason was Cash Out Refi, with 422 originations.

Loan Duration/Length

Loan Length	Originations	Total Value	Average Loan	Average Fees	Average Rate
30 Year	2,428	$1,111,020,000	$457,586	$12,080	7.71%
15 Year	10	$3,700,000	$370,000	$9,599	6.20%
30+ year	6	$5,050,000	$841,667	$20,313	7.65%
20 Year	2	$370,000	$185,000	$9,227	6.00%
Other	1	$95,000	$95,000	$2,734	6.25%

For 2023, Arc Home's most frequently cited loan duration was 30 Year, with 2,428 originations. The 2nd most popular length was 15 Year, with 10 originations.

Origination Fees/Closing Costs

Origination Fee/Closing Cost	Originations	Total Value	Average Loan
$5k+	1,195	$667,425,000	$558,515
$1k-2k	235	$98,865,000	$420,702
$<1k	182	$70,130,000	$385,330
$3k-4k	167	$45,255,000	$270,988
$2k-3k	165	$58,025,000	$351,667
$4k-5k	144	$46,640,000	$323,889

Arc Home's average total fees were $12,080, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 1,195 originations.

Interest Rates

Loan Rate	Originations	Total Value	Average Loan
7-8%	1,001	$470,355,000	$469,885
Over 8%	834	$427,440,000	$512,518
6-7%	465	$171,505,000	$368,828
5-6%	141	$48,345,000	$342,872
4-5%	6	$2,590,000	$431,667

During 2023, Arc Home's average interest rate for loans was 7.71%, while their most frequently originated rate bucket for loans was 7-8%, with 1,001 originations.

Loan Sizing

Loan Size	Originations	Total Value	Average Loan	Average Fees	Average Rate
$200k-400k	1,026	$302,980,000	$295,302	$9,098	7.65%
$400k-600k	561	$272,205,000	$485,214	$13,329	7.67%
$100k-200k	361	$56,205,000	$155,693	$6,586	7.57%
$600k-1MM	280	$211,390,000	$754,964	$17,359	7.90%
$1MM+	177	$274,105,000	$1,548,616	$27,412	8.20%
$100,000 or less	42	$3,350,000	$79,762	$4,167	6.96%

2023 saw Arc Home place emphasis on $200k-400k loans with 1,026 originations, totaling $302,980,000 in origination value.

Applicant Income

Applicant Income	Originations	Total Value	Average Loan	Average Fees	Average Rate
$250k+	743	$532,465,000	$716,642	$15,279	8.06%
$150k-250k	476	$202,220,000	$424,832	$12,082	7.71%
$100k-150k	414	$145,680,000	$351,884	$10,872	7.32%
$75k-100k	244	$69,710,000	$285,697	$9,084	7.06%
$50k-75k	178	$39,730,000	$223,202	$7,497	7.07%
$50k or less	55	$8,275,000	$150,455	$6,293	7.03%

Arc Home lent most frequently to those with incomes in the $250k+ range, with 743 originations. The second most popular income band? $150k-250k, with 476 originations.

Applicant Debt to Income Ratio

DTI Ratio	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-30%	316	$160,280,000	$507,215	$12,052	7.73%
30-36%	308	$139,550,000	$453,084	$10,621	7.54%
<20%	196	$122,630,000	$625,663	$14,162	8.07%
49%	161	$74,125,000	$460,404	$13,545	7.53%
44%	120	$48,840,000	$407,000	$10,691	7.53%
48%	106	$52,660,000	$496,792	$12,966	7.47%
47%	104	$43,170,000	$415,096	$11,693	7.49%
43%	95	$42,745,000	$449,947	$12,591	7.58%
42%	87	$46,215,000	$531,207	$13,437	7.62%
46%	87	$39,455,000	$453,506	$11,981	7.46%
37%	84	$36,070,000	$429,405	$10,533	7.58%
41%	73	$35,985,000	$492,945	$12,719	7.70%
40%	71	$29,425,000	$414,437	$11,187	7.62%
39%	68	$30,010,000	$441,324	$11,042	7.59%
45%	66	$25,210,000	$381,970	$11,582	7.48%
38%	64	$25,800,000	$403,125	$10,008	7.68%
36%	58	$27,920,000	$481,379	$12,119	7.71%
50-60%	51	$19,835,000	$388,922	$15,340	6.75%
>60%	1	$325,000	$325,000	$0	7.88%

Arc Home lent most frequently to those with DTI ratios of 20-30%, with 316 originations. The next most common DTI ratio? 30-36%, with 308 originations.

Ethnicity Mix

Applicant Ethnicity	Originations	Total Value	Average Loan	Average Fees	Average Rate
White	1,429	$651,945,000	$456,225	$11,814	7.72%
Not provided	491	$229,315,000	$467,037	$12,451	7.78%
Asian	360	$167,990,000	$466,639	$11,818	7.42%
Black	135	$56,015,000	$414,926	$14,307	7.91%
American Indian	10	$5,410,000	$541,000	$15,830	8.39%
Asian Indian	7	$4,065,000	$580,714	$11,644	7.16%
Other Asian	7	$3,215,000	$459,286	$10,593	7.43%
Native Hawaiian or Islander	4	$1,310,000	$327,500	$12,069	7.72%
Vietnamese	3	$565,000	$188,333	$8,286	7.25%
Not applicable	1	$405,000	$405,000	$0	8.38%

Approval Rates

Total approvals of all applications
85.53%

Arc Home has an average approval rate.

Pick Rate

Approvals leading to origination
46.34%

Arc Home 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	2,447	$1,120,235,000	$457,799

Occupancy Type Mix

Dwelling Type	Originations	Total Value	Average Loan
	2,447	$1,120,235,000	$457,799

LTV Distribution

Loan to Value	Originations	Total Value	Average Loan	Average Fees	Average Rate
20-40%	76	$23,470,000	$308,816	$7,836	7.64%
40-60%	300	$114,870,000	$382,900	$9,182	7.57%
60-80%	1,419	$664,725,000	$468,446	$11,697	7.83%
80-100%	643	$315,195,000	$490,194	$14,182	7.49%
Over 100%	1	$305,000	$305,000	$8,270	7.13%
Under 20%	8	$1,670,000	$208,750	$5,614	7.67%