Low Va Rates Mortgage Rates, Fees & Info

Brighton, CO

LEI: 5493004RCIKTZ2ZKII25

Tax ID: 46-3435079

5 stars - out of 5 stars, based on 95 reviews

2020 Data | 2019 Data | 2018 Data


Overview

Low Va Rates is a small mortgage company specializing in Refi loans. Low Va Rates has an average proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets include Las Vegas, Washington, Atlanta, Phoenix, and Provo among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Low Va Rates is typically an average fee lendor.


Originations

8,992

Origination Dollar Volume (All Markets)

$2,190,530,000
Show all (173) awards

Relative Rate

Low Va Rates 's average 30 year fixed rate mortgage of loans were 2.64%.

The 2020 average 30 year fixed rate mortgage across all markets of loans were 3.36%.

This yields a difference of -0.72%.

Relative Fees

Low Va Rates 's average total fees for a 30 year fixed rate mortgage are $5,123.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $5,021.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Outside of Metro Areas 1,088 $211,830,000 $194,697 $4,376 2.64%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 395 $115,395,000 $292,139 $5,005 2.76%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV (FHA|USDA|VA) 232 $101,690,000 $438,319 $8,490 2.58%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 207 $47,605,000 $229,976 $4,786 2.62%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 191 $47,245,000 $247,356 $4,990 2.62%
PROVO-OREM, UT (FHA|USDA|VA) 148 $46,740,000 $315,811 $3,951 2.77%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 188 $45,600,000 $242,553 $5,017 2.61%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 182 $43,880,000 $241,099 $5,001 2.65%
SALT LAKE CITY, UT (FHA|USDA|VA) 146 $42,650,000 $292,123 $5,049 2.68%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 137 $41,225,000 $300,912 $5,803 2.59%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 170 $39,690,000 $233,471 $5,315 2.63%
DALLAS-PLANO-IRVING, TX (FHA|USDA|VA) 127 $34,135,000 $268,780 $5,617 2.63%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 141 $32,395,000 $229,752 $4,640 2.69%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 73 $31,435,000 $430,616 $8,240 2.55%
FORT WORTH-ARLINGTON-GRAPEVINE, TX (FHA|USDA|VA) 116 $25,870,000 $223,017 $4,868 2.72%
LOS ANGELES-LONG BEACH-GLENDALE, CA (FHA|USDA|VA) 59 $24,925,000 $422,458 $8,147 2.55%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 85 $23,625,000 $277,941 $5,464 2.62%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 101 $22,975,000 $227,475 $4,587 2.73%
URBAN HONOLULU, HI (FHA|USDA|VA) 42 $21,860,000 $520,476 $9,536 2.60%
OKLAHOMA CITY, OK (FHA|USDA|VA) 103 $21,465,000 $208,398 $5,022 2.64%
ST. LOUIS, MO-IL (FHA|USDA|VA) 97 $20,595,000 $212,320 $4,758 2.61%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 63 $20,535,000 $325,952 $6,081 2.51%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 81 $20,475,000 $252,778 $4,896 2.58%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 61 $19,765,000 $324,016 $7,352 2.72%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 60 $18,480,000 $308,000 $6,278 2.56%
JACKSONVILLE, FL (FHA|USDA|VA) 78 $18,340,000 $235,128 $4,620 2.60%
COLORADO SPRINGS, CO (FHA|USDA|VA) 62 $17,840,000 $287,742 $5,921 2.63%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 100 $17,500,000 $175,000 $3,952 2.64%
KANSAS CITY, MO-KS (FHA|USDA|VA) 84 $17,420,000 $207,381 $4,629 2.58%
FAYETTEVILLE, NC (FHA|USDA|VA) 86 $17,090,000 $198,721 $4,216 2.57%
OAKLAND-BERKELEY-LIVERMORE, CA (FHA|USDA|VA) 30 $15,270,000 $509,000 $8,649 2.59%
CHICAGO-NAPERVILLE-EVANSTON, IL (FHA|USDA|VA) 66 $15,010,000 $227,424 $5,212 2.52%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 75 $14,805,000 $197,400 $4,675 2.61%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 53 $14,585,000 $275,189 $5,161 2.75%
COLUMBIA, SC (FHA|USDA|VA) 71 $14,405,000 $202,887 $5,098 2.57%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 54 $14,060,000 $260,370 $6,333 2.55%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 40 $13,540,000 $338,500 $6,873 2.60%
ANCHORAGE, AK (FHA|USDA|VA) 42 $13,240,000 $315,238 $7,204 2.52%
TUCSON, AZ (FHA|USDA|VA) 61 $12,955,000 $212,377 $4,544 2.62%
COLUMBUS, OH (FHA|USDA|VA) 63 $12,735,000 $202,143 $5,463 2.61%
RICHMOND, VA (FHA|USDA|VA) 50 $12,300,000 $246,000 $5,066 2.74%
ALBUQUERQUE, NM (FHA|USDA|VA) 48 $11,700,000 $243,750 $5,234 2.56%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 45 $11,615,000 $258,111 $4,720 2.66%
RALEIGH-CARY, NC (FHA|USDA|VA) 45 $11,575,000 $257,222 $5,444 2.57%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 47 $11,105,000 $236,277 $5,116 2.58%
BOISE CITY, ID (FHA|USDA|VA) 41 $11,015,000 $268,659 $5,779 2.52%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 59 $10,895,000 $184,661 $4,947 2.63%
RENO, NV (FHA|USDA|VA) 37 $10,715,000 $289,595 $5,324 2.70%
COEUR D'ALENE, ID (FHA|USDA|VA) 40 $10,540,000 $263,500 $6,720 2.62%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 49 $10,415,000 $212,551 $5,033 2.56%
EL PASO, TX (FHA|USDA|VA) 57 $10,385,000 $182,193 $3,860 2.66%
TULSA, OK (FHA|USDA|VA) 50 $9,970,000 $199,400 $5,117 2.49%
ANAHEIM-SANTA ANA-IRVINE, CA (FHA|USDA|VA) 20 $9,930,000 $496,500 $6,844 2.56%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL (FHA|USDA|VA) 32 $9,700,000 $303,125 $6,051 2.82%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 47 $9,295,000 $197,766 $4,359 2.57%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 44 $8,800,000 $200,000 $4,605 2.62%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 44 $8,750,000 $198,864 $4,422 2.65%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 30 $8,620,000 $287,333 $6,220 2.53%
NEW BRUNSWICK-LAKEWOOD, NJ (FHA|USDA|VA) 32 $8,500,000 $265,625 $6,675 2.59%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 39 $8,445,000 $216,538 $4,694 2.58%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 41 $8,265,000 $201,585 $4,206 2.64%
HUNTSVILLE, AL (FHA|USDA|VA) 34 $8,020,000 $235,882 $4,796 2.64%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 11 $7,255,000 $659,545 $13,959 2.45%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL (FHA|USDA|VA) 20 $7,220,000 $361,000 $5,921 2.73%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 35 $7,125,000 $203,571 $4,378 2.55%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 36 $7,020,000 $195,000 $4,009 2.62%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 39 $6,995,000 $179,359 $3,808 2.68%
JACKSONVILLE, NC (FHA|USDA|VA) 38 $6,840,000 $180,000 $4,372 2.67%
VALLEJO, CA (FHA|USDA|VA) 18 $6,650,000 $369,444 $6,029 2.67%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 13 $6,645,000 $511,154 $9,677 2.56%
SEATTLE-BELLEVUE-KENT, WA (FHA|USDA|VA) 17 $6,575,000 $386,765 $6,057 2.74%
FRESNO, CA (FHA|USDA|VA) 25 $6,505,000 $260,200 $4,354 2.59%
WARREN-TROY-FARMINGTON HILLS, MI (FHA|USDA|VA) 29 $6,205,000 $213,966 $4,808 2.51%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA (FHA|USDA|VA) 21 $6,065,000 $288,810 $6,480 2.71%
ST. GEORGE, UT (FHA|USDA|VA) 23 $5,975,000 $259,783 $4,953 2.61%
DOVER, DE (FHA|USDA|VA) 26 $5,950,000 $228,846 $5,289 2.49%
BAKERSFIELD, CA (FHA|USDA|VA) 29 $5,865,000 $202,241 $4,438 2.53%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 31 $5,725,000 $184,677 $4,087 2.62%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 30 $5,700,000 $190,000 $3,957 2.57%
PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) 19 $5,655,000 $297,632 $4,989 2.63%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 27 $5,655,000 $209,444 $4,229 2.69%
CAMDEN, NJ (FHA|USDA|VA) 27 $5,645,000 $209,074 $4,111 2.67%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 24 $5,640,000 $235,000 $5,013 2.68%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 30 $5,630,000 $187,667 $3,593 2.77%
SAVANNAH, GA (FHA|USDA|VA) 28 $5,610,000 $200,357 $4,270 2.73%
TACOMA-LAKEWOOD, WA (FHA|USDA|VA) 18 $5,460,000 $303,333 $5,417 2.92%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 24 $5,440,000 $226,667 $5,161 2.78%
OCALA, FL (FHA|USDA|VA) 28 $5,380,000 $192,143 $4,123 2.51%
WICHITA, KS (FHA|USDA|VA) 28 $5,300,000 $189,286 $3,637 2.56%
STOCKTON, CA (FHA|USDA|VA) 16 $5,120,000 $320,000 $6,839 2.55%
WARNER ROBINS, GA (FHA|USDA|VA) 26 $5,070,000 $195,000 $3,916 2.76%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 26 $5,010,000 $192,692 $3,948 2.62%
MIAMI-MIAMI BEACH-KENDALL, FL (FHA|USDA|VA) 16 $4,980,000 $311,250 $7,327 2.79%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 21 $4,925,000 $234,524 $5,844 2.69%
SALEM, OR (FHA|USDA|VA) 15 $4,925,000 $328,333 $6,596 2.56%
KNOXVILLE, TN (FHA|USDA|VA) 23 $4,895,000 $212,826 $4,556 2.72%
SALISBURY, MD-DE (FHA|USDA|VA) 16 $4,830,000 $301,875 $6,994 2.53%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 25 $4,805,000 $192,200 $4,979 2.58%
PHILADELPHIA, PA (FHA|USDA|VA) 24 $4,780,000 $199,167 $5,198 2.66%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 29 $4,675,000 $161,207 $3,616 2.65%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 16 $4,640,000 $290,000 $6,663 2.59%
PITTSBURGH, PA (FHA|USDA|VA) 25 $4,595,000 $183,800 $4,390 2.62%
NEWARK, NJ-PA (FHA|USDA|VA) 11 $4,575,000 $415,909 $6,421 2.81%
WINSTON-SALEM, NC (FHA|USDA|VA) 21 $4,545,000 $216,429 $4,071 2.76%
WILMINGTON, DE-MD-NJ (FHA|USDA|VA) 17 $4,515,000 $265,588 $5,367 2.63%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 22 $4,480,000 $203,636 $5,610 2.57%
CORPUS CHRISTI, TX (FHA|USDA|VA) 21 $4,465,000 $212,619 $4,936 2.61%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 20 $4,380,000 $219,000 $5,165 2.49%
BATON ROUGE, LA (FHA|USDA|VA) 16 $4,260,000 $266,250 $5,660 2.64%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH (FHA|USDA|VA) 13 $4,245,000 $326,538 $7,118 2.51%
PORT ST. LUCIE, FL (FHA|USDA|VA) 19 $4,235,000 $222,895 $4,061 2.72%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 21 $4,225,000 $201,190 $4,113 2.64%
COLUMBUS, GA-AL (FHA|USDA|VA) 23 $4,085,000 $177,609 $4,395 2.63%
SPRINGFIELD, MO (FHA|USDA|VA) 21 $4,045,000 $192,619 $4,482 2.61%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD (FHA|USDA|VA) 10 $4,020,000 $402,000 $8,194 2.50%
MEDFORD, OR (FHA|USDA|VA) 14 $3,890,000 $277,857 $4,057 2.57%
ABILENE, TX (FHA|USDA|VA) 19 $3,885,000 $204,474 $5,192 2.51%
MODESTO, CA (FHA|USDA|VA) 13 $3,885,000 $298,846 $6,601 2.51%
DAYTON-KETTERING, OH (FHA|USDA|VA) 20 $3,870,000 $193,500 $5,249 2.66%
CHEYENNE, WY (FHA|USDA|VA) 15 $3,855,000 $257,000 $5,471 2.53%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 16 $3,850,000 $240,625 $4,413 2.67%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 7 $3,765,000 $537,857 $11,854 2.39%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 20 $3,730,000 $186,500 $3,863 2.69%
GARY, IN (FHA|USDA|VA) 21 $3,725,000 $177,381 $4,220 2.63%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 17 $3,695,000 $217,353 $4,755 2.63%
DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) 20 $3,560,000 $178,000 $3,825 2.61%
GREELEY, CO (FHA|USDA|VA) 11 $3,525,000 $320,455 $8,005 2.58%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 15 $3,435,000 $229,000 $5,511 2.58%
DETROIT-DEARBORN-LIVONIA, MI (FHA|USDA|VA) 19 $3,385,000 $178,158 $4,400 2.71%
MONTGOMERY, AL (FHA|USDA|VA) 18 $3,290,000 $182,778 $4,125 2.71%
NORTH PORT-SARASOTA-BRADENTON, FL (FHA|USDA|VA) 14 $3,270,000 $233,571 $4,670 2.81%
ALBANY-LEBANON, OR (FHA|USDA|VA) 13 $3,235,000 $248,846 $5,854 2.72%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 15 $3,225,000 $215,000 $4,316 2.58%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 16 $3,120,000 $195,000 $4,136 2.83%
WILMINGTON, NC (FHA|USDA|VA) 13 $2,975,000 $228,846 $4,872 2.66%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 6 $2,930,000 $488,333 $8,215 2.71%
FAIRBANKS, AK (FHA|USDA|VA) 12 $2,830,000 $235,833 $5,697 2.54%
YORK-HANOVER, PA (FHA|USDA|VA) 15 $2,805,000 $187,000 $4,083 2.83%
AKRON, OH (FHA|USDA|VA) 15 $2,795,000 $186,333 $4,563 2.58%
HINESVILLE, GA (FHA|USDA|VA) 15 $2,795,000 $186,333 $3,141 2.80%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 15 $2,695,000 $179,667 $4,567 2.58%
YUMA, AZ (FHA|USDA|VA) 13 $2,695,000 $207,308 $4,888 2.68%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 9 $2,625,000 $291,667 $4,587 2.74%
MADISON, WI (FHA|USDA|VA) 10 $2,620,000 $262,000 $6,307 2.46%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 15 $2,585,000 $172,333 $4,021 2.63%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 12 $2,450,000 $204,167 $3,489 2.53%
ELGIN, IL (FHA|USDA|VA) 11 $2,435,000 $221,364 $6,044 2.64%
LAWTON, OK (FHA|USDA|VA) 12 $2,420,000 $201,667 $4,172 2.68%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 9 $2,405,000 $267,222 $5,767 2.54%
TEXARKANA, TX-AR (FHA|USDA|VA) 14 $2,390,000 $170,714 $3,852 2.65%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 10 $2,350,000 $235,000 $4,799 2.54%
SALINAS, CA (FHA|USDA|VA) 4 $2,340,000 $585,000 $11,152 2.69%
SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) 14 $2,320,000 $165,714 $3,294 2.73%
BILLINGS, MT (FHA|USDA|VA) 9 $2,305,000 $256,111 $7,178 2.31%
LAS CRUCES, NM (FHA|USDA|VA) 12 $2,300,000 $191,667 $4,617 2.78%
ASHEVILLE, NC (FHA|USDA|VA) 10 $2,290,000 $229,000 $4,001 2.48%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 11 $2,285,000 $207,727 $4,747 2.67%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 8 $2,270,000 $283,750 $6,741 2.45%
PUNTA GORDA, FL (FHA|USDA|VA) 11 $2,255,000 $205,000 $3,782 2.59%
TWIN FALLS, ID (FHA|USDA|VA) 11 $2,235,000 $203,182 $5,620 2.91%
LOGAN, UT-ID (FHA|USDA|VA) 9 $2,215,000 $246,111 $5,419 2.56%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 10 $2,180,000 $218,000 $4,932 2.50%
MORRISTOWN, TN (FHA|USDA|VA) 11 $2,165,000 $196,818 $3,709 2.74%
ROANOKE, VA (FHA|USDA|VA) 12 $2,150,000 $179,167 $4,457 2.52%
MOBILE, AL (FHA|USDA|VA) 13 $2,135,000 $164,231 $4,191 2.69%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 13 $2,125,000 $163,462 $4,018 2.51%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 11 $2,115,000 $192,273 $4,279 2.48%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 13 $2,085,000 $160,385 $3,323 2.58%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 10 $2,040,000 $204,000 $2,564 2.88%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 8 $2,040,000 $255,000 $3,475 2.58%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 6 $2,030,000 $338,333 $6,596 2.69%
AMARILLO, TX (FHA|USDA|VA) 8 $2,010,000 $251,250 $5,579 2.94%
FLORENCE, SC (FHA|USDA|VA) 12 $1,980,000 $165,000 $4,467 2.61%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 6 $1,970,000 $328,333 $7,433 2.69%
WACO, TX (FHA|USDA|VA) 8 $1,920,000 $240,000 $5,610 2.67%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 7 $1,905,000 $272,143 $4,226 2.91%
BEND, OR (FHA|USDA|VA) 6 $1,900,000 $316,667 $5,415 2.88%
GREAT FALLS, MT (FHA|USDA|VA) 10 $1,890,000 $189,000 $4,515 2.46%
VISALIA, CA (FHA|USDA|VA) 9 $1,885,000 $209,444 $5,256 2.36%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 8 $1,880,000 $235,000 $4,041 2.73%
CASPER, WY (FHA|USDA|VA) 7 $1,875,000 $267,857 $6,710 2.46%
MADERA, CA (FHA|USDA|VA) 7 $1,855,000 $265,000 $3,968 2.80%
BOWLING GREEN, KY (FHA|USDA|VA) 9 $1,845,000 $205,000 $5,305 2.58%
SUMTER, SC (FHA|USDA|VA) 12 $1,840,000 $153,333 $3,762 2.52%
READING, PA (FHA|USDA|VA) 9 $1,835,000 $203,889 $5,175 2.51%
BOULDER, CO (FHA|USDA|VA) 4 $1,810,000 $452,500 $6,505 2.59%
FORT WAYNE, IN (FHA|USDA|VA) 12 $1,770,000 $147,500 $4,106 2.49%
LYNCHBURG, VA (FHA|USDA|VA) 10 $1,770,000 $177,000 $3,538 2.48%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 9 $1,755,000 $195,000 $5,130 2.65%
TYLER, TX (FHA|USDA|VA) 7 $1,755,000 $250,714 $4,561 2.70%
FORT COLLINS, CO (FHA|USDA|VA) 5 $1,745,000 $349,000 $4,069 2.43%
SPARTANBURG, SC (FHA|USDA|VA) 9 $1,715,000 $190,556 $4,561 2.56%
REDDING, CA (FHA|USDA|VA) 6 $1,700,000 $283,333 $5,176 2.52%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 8 $1,700,000 $212,500 $3,997 2.48%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 6 $1,670,000 $278,333 $5,936 2.31%
LINCOLN, NE (FHA|USDA|VA) 8 $1,660,000 $207,500 $5,358 2.75%
TOPEKA, KS (FHA|USDA|VA) 10 $1,660,000 $166,000 $3,778 2.65%
CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) 7 $1,655,000 $236,429 $6,538 2.43%
YUBA CITY, CA (FHA|USDA|VA) 6 $1,620,000 $270,000 $6,451 2.42%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 7 $1,615,000 $230,714 $4,425 2.43%
LUBBOCK, TX (FHA|USDA|VA) 7 $1,605,000 $229,286 $6,018 2.75%
NEW BERN, NC (FHA|USDA|VA) 11 $1,605,000 $145,909 $2,537 2.77%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ (FHA|USDA|VA) 4 $1,600,000 $400,000 $7,376 2.50%
LONGVIEW, TX (FHA|USDA|VA) 8 $1,580,000 $197,500 $5,027 2.86%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 7 $1,565,000 $223,571 $4,023 2.66%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 8 $1,560,000 $195,000 $4,478 2.81%
TOLEDO, OH (FHA|USDA|VA) 10 $1,540,000 $154,000 $3,996 2.60%
EVANSVILLE, IN-KY (FHA|USDA|VA) 10 $1,520,000 $152,000 $3,629 2.70%
VALDOSTA, GA (FHA|USDA|VA) 9 $1,505,000 $167,222 $3,498 2.65%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 10 $1,480,000 $148,000 $3,103 2.33%
IDAHO FALLS, ID (FHA|USDA|VA) 7 $1,475,000 $210,714 $5,616 2.50%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 8 $1,440,000 $180,000 $4,552 2.67%
GAINESVILLE, FL (FHA|USDA|VA) 6 $1,430,000 $238,333 $3,722 2.65%
DOTHAN, AL (FHA|USDA|VA) 8 $1,420,000 $177,500 $3,811 3.06%
CLEVELAND, TN (FHA|USDA|VA) 6 $1,410,000 $235,000 $4,679 2.69%
CARSON CITY, NV (FHA|USDA|VA) 6 $1,410,000 $235,000 $6,903 2.46%
ANN ARBOR, MI (FHA|USDA|VA) 4 $1,390,000 $347,500 $9,311 2.38%
DECATUR, AL (FHA|USDA|VA) 6 $1,390,000 $231,667 $5,244 2.48%
EL CENTRO, CA (FHA|USDA|VA) 5 $1,375,000 $275,000 $4,368 2.45%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 3 $1,345,000 $448,333 $7,321 2.58%
PANAMA CITY, FL (FHA|USDA|VA) 6 $1,300,000 $216,667 $4,043 3.04%
MERCED, CA (FHA|USDA|VA) 4 $1,270,000 $317,500 $7,452 2.38%
FLAGSTAFF, AZ (FHA|USDA|VA) 4 $1,270,000 $317,500 $8,263 3.00%
MANHATTAN, KS (FHA|USDA|VA) 6 $1,250,000 $208,333 $5,329 2.54%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $1,225,000 $1,225,000 $21,074 2.25%
JOHNSON CITY, TN (FHA|USDA|VA) 6 $1,220,000 $203,333 $3,241 2.79%
TALLAHASSEE, FL (FHA|USDA|VA) 7 $1,205,000 $172,143 $3,711 2.77%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 6 $1,170,000 $195,000 $4,457 2.88%
GREENVILLE, NC (FHA|USDA|VA) 6 $1,140,000 $190,000 $4,700 2.67%
JOPLIN, MO (FHA|USDA|VA) 7 $1,125,000 $160,714 $4,441 2.77%
CEDAR RAPIDS, IA (FHA|USDA|VA) 6 $1,090,000 $181,667 $4,412 2.52%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 5 $1,055,000 $211,000 $4,424 2.63%
CORVALLIS, OR (FHA|USDA|VA) 3 $1,045,000 $348,333 $4,716 2.58%
ERIE, PA (FHA|USDA|VA) 7 $1,045,000 $149,286 $4,183 2.59%
WINCHESTER, VA-WV (FHA|USDA|VA) 3 $1,045,000 $348,333 $3,990 2.58%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 5 $1,025,000 $205,000 $4,709 2.58%
BELLINGHAM, WA (FHA|USDA|VA) 3 $1,025,000 $341,667 $5,174 2.54%
EAU CLAIRE, WI (FHA|USDA|VA) 6 $1,020,000 $170,000 $3,295 2.46%
BRUNSWICK, GA (FHA|USDA|VA) 5 $1,015,000 $203,000 $5,867 2.45%
TUSCALOOSA, AL (FHA|USDA|VA) 5 $1,015,000 $203,000 $5,550 2.50%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $1,015,000 $338,333 $12,310 2.83%
GRAND JUNCTION, CO (FHA|USDA|VA) 5 $1,005,000 $201,000 $4,245 2.65%
PEORIA, IL (FHA|USDA|VA) 5 $1,005,000 $201,000 $3,629 2.75%
RAPID CITY, SD (FHA|USDA|VA) 3 $995,000 $331,667 $3,929 2.42%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA (FHA|USDA|VA) 1 $985,000 $985,000 $28,807 0.99%
DULUTH, MN-WI (FHA|USDA|VA) 6 $980,000 $163,333 $3,707 2.60%
BLOOMINGTON, IN (FHA|USDA|VA) 4 $960,000 $240,000 $3,179 2.53%
CANTON-MASSILLON, OH (FHA|USDA|VA) 7 $955,000 $136,429 $3,590 2.80%
CARBONDALE-MARION, IL (FHA|USDA|VA) 6 $950,000 $158,333 $4,467 2.71%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 3 $945,000 $315,000 $7,849 2.58%
SIOUX CITY, IA-NE-SD (FHA|USDA|VA) 6 $940,000 $156,667 $3,507 2.48%
OSHKOSH-NEENAH, WI (FHA|USDA|VA) 5 $925,000 $185,000 $4,453 2.63%
RACINE, WI (FHA|USDA|VA) 6 $920,000 $153,333 $3,572 2.56%
APPLETON, WI (FHA|USDA|VA) 4 $910,000 $227,500 $3,865 3.00%
FLINT, MI (FHA|USDA|VA) 7 $895,000 $127,857 $3,525 2.79%
JACKSON, MS (FHA|USDA|VA) 4 $890,000 $222,500 $5,536 2.63%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 6 $890,000 $148,333 $3,427 2.52%
LAKE COUNTY-KENOSHA COUNTY, IL-WI (FHA|USDA|VA) 6 $890,000 $148,333 $3,189 2.75%
WILLIAMSPORT, PA (FHA|USDA|VA) 3 $885,000 $295,000 $5,434 3.08%
TERRE HAUTE, IN (FHA|USDA|VA) 5 $885,000 $177,000 $4,312 2.45%
LEWISTON-AUBURN, ME (FHA|USDA|VA) 4 $880,000 $220,000 $3,721 2.56%
GAINESVILLE, GA (FHA|USDA|VA) 4 $870,000 $217,500 $3,400 2.75%
THE VILLAGES, FL (FHA|USDA|VA) 4 $870,000 $217,500 $4,477 2.63%
SPRINGFIELD, IL (FHA|USDA|VA) 5 $855,000 $171,000 $4,529 2.50%
MORGANTOWN, WV (FHA|USDA|VA) 4 $840,000 $210,000 $5,357 2.38%
NAPA, CA (FHA|USDA|VA) 2 $840,000 $420,000 $11,336 2.50%
KANKAKEE, IL (FHA|USDA|VA) 5 $835,000 $167,000 $3,557 2.65%
BANGOR, ME (FHA|USDA|VA) 4 $830,000 $207,500 $5,770 2.75%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 5 $825,000 $165,000 $3,609 2.75%
WICHITA FALLS, TX (FHA|USDA|VA) 4 $820,000 $205,000 $4,364 2.38%
LAFAYETTE, LA (FHA|USDA|VA) 6 $820,000 $136,667 $3,018 2.67%
COLUMBIA, MO (FHA|USDA|VA) 4 $820,000 $205,000 $4,042 2.63%
GOLDSBORO, NC (FHA|USDA|VA) 6 $800,000 $133,333 $3,314 2.71%
BISMARCK, ND (FHA|USDA|VA) 4 $800,000 $200,000 $5,203 2.63%
GRAND FORKS, ND-MN (FHA|USDA|VA) 3 $795,000 $265,000 $5,195 2.25%
MISSOULA, MT (FHA|USDA|VA) 3 $795,000 $265,000 $5,799 2.63%
GREEN BAY, WI (FHA|USDA|VA) 4 $780,000 $195,000 $5,574 2.50%
LANCASTER, PA (FHA|USDA|VA) 5 $775,000 $155,000 $4,262 2.65%
ALEXANDRIA, LA (FHA|USDA|VA) 4 $760,000 $190,000 $5,164 2.38%
STATE COLLEGE, PA (FHA|USDA|VA) 3 $755,000 $251,667 $7,271 2.63%
EAST STROUDSBURG, PA (FHA|USDA|VA) 5 $745,000 $149,000 $3,310 2.75%
JACKSON, TN (FHA|USDA|VA) 4 $740,000 $185,000 $4,622 2.66%
BATTLE CREEK, MI (FHA|USDA|VA) 5 $735,000 $147,000 $3,664 2.48%
HOT SPRINGS, AR (FHA|USDA|VA) 5 $735,000 $147,000 $4,286 2.75%
MONROE, LA (FHA|USDA|VA) 3 $735,000 $245,000 $6,475 2.58%
GRANTS PASS, OR (FHA|USDA|VA) 4 $730,000 $182,500 $3,669 2.72%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 6 $730,000 $121,667 $3,185 2.71%
SIOUX FALLS, SD (FHA|USDA|VA) 3 $715,000 $238,333 $6,125 2.46%
CHICO, CA (FHA|USDA|VA) 2 $710,000 $355,000 $7,299 2.38%
PUEBLO, CO (FHA|USDA|VA) 4 $700,000 $175,000 $3,892 2.72%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 4 $700,000 $175,000 $4,682 2.88%
ENID, OK (FHA|USDA|VA) 4 $700,000 $175,000 $4,591 2.44%
SEBASTIAN-VERO BEACH, FL (FHA|USDA|VA) 3 $685,000 $228,333 $5,110 2.42%
SHERMAN-DENISON, TX (FHA|USDA|VA) 3 $675,000 $225,000 $5,255 2.38%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 5 $675,000 $135,000 $3,792 2.50%
POCATELLO, ID (FHA|USDA|VA) 3 $675,000 $225,000 $4,751 2.42%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 4 $660,000 $165,000 $5,053 2.38%
JONESBORO, AR (FHA|USDA|VA) 4 $650,000 $162,500 $4,385 2.78%
LEBANON, PA (FHA|USDA|VA) 4 $650,000 $162,500 $4,088 2.91%
BURLINGTON, NC (FHA|USDA|VA) 2 $650,000 $325,000 $7,747 2.56%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 4 $640,000 $160,000 $3,727 2.38%
COLUMBUS, IN (FHA|USDA|VA) 3 $625,000 $208,333 $5,104 2.50%
BLOOMINGTON, IL (FHA|USDA|VA) 3 $615,000 $205,000 $3,162 2.96%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 2 $600,000 $300,000 $6,826 2.88%
LAKE CHARLES, LA (FHA|USDA|VA) 3 $595,000 $198,333 $4,454 2.58%
FARMINGTON, NM (FHA|USDA|VA) 3 $585,000 $195,000 $5,075 2.46%
SAN ANGELO, TX (FHA|USDA|VA) 3 $575,000 $191,667 $4,754 1.83%
JACKSON, MI (FHA|USDA|VA) 3 $565,000 $188,333 $3,157 2.92%
STAUNTON, VA (FHA|USDA|VA) 3 $565,000 $188,333 $4,508 2.96%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 2 $560,000 $280,000 $11,238 2.50%
NILES, MI (FHA|USDA|VA) 3 $555,000 $185,000 $2,500 2.92%
ALBANY, GA (FHA|USDA|VA) 3 $555,000 $185,000 $4,579 2.29%
CHARLESTON, WV (FHA|USDA|VA) 3 $545,000 $181,667 $4,670 2.58%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 2 $540,000 $270,000 $6,519 2.50%
BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) 2 $540,000 $270,000 $8,344 2.25%
DUBUQUE, IA (FHA|USDA|VA) 3 $525,000 $175,000 $5,195 2.46%
OCEAN CITY, NJ (FHA|USDA|VA) 2 $510,000 $255,000 $5,820 2.50%
LAREDO, TX (FHA|USDA|VA) 3 $495,000 $165,000 $3,195 3.42%
LAWRENCE, KS (FHA|USDA|VA) 3 $495,000 $165,000 $4,387 2.42%
SHEBOYGAN, WI (FHA|USDA|VA) 4 $480,000 $120,000 $3,328 2.38%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 4 $460,000 $115,000 $3,604 2.38%
LIMA, OH (FHA|USDA|VA) 4 $450,000 $112,500 $2,754 2.84%
HARRISONBURG, VA (FHA|USDA|VA) 2 $440,000 $220,000 $5,079 2.50%
ODESSA, TX (FHA|USDA|VA) 2 $440,000 $220,000 $5,730 2.88%
SAN RAFAEL, CA (FHA|USDA|VA) 1 $435,000 $435,000 $2,130 2.63%
WHEELING, WV-OH (FHA|USDA|VA) 2 $430,000 $215,000 $7,086 2.25%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 3 $425,000 $141,667 $3,361 3.08%
FORT SMITH, AR-OK (FHA|USDA|VA) 3 $415,000 $138,333 $3,205 2.42%
AMES, IA (FHA|USDA|VA) 2 $410,000 $205,000 $4,166 2.63%
SAGINAW, MI (FHA|USDA|VA) 3 $405,000 $135,000 $3,652 2.79%
WATERLOO-CEDAR FALLS, IA (FHA|USDA|VA) 3 $405,000 $135,000 $2,516 3.08%
IOWA CITY, IA (FHA|USDA|VA) 2 $400,000 $200,000 $5,853 2.50%
JEFFERSON CITY, MO (FHA|USDA|VA) 3 $395,000 $131,667 $2,183 2.67%
MUSKEGON, MI (FHA|USDA|VA) 3 $395,000 $131,667 $4,660 2.25%
DALTON, GA (FHA|USDA|VA) 2 $390,000 $195,000 $4,630 2.00%
MANSFIELD, OH (FHA|USDA|VA) 2 $390,000 $195,000 $2,588 3.56%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 3 $385,000 $128,333 $3,466 2.75%
BLOOMSBURG-BERWICK, PA (FHA|USDA|VA) 2 $380,000 $190,000 $4,158 2.56%
MANKATO, MN (FHA|USDA|VA) 1 $365,000 $365,000 $5,904 2.38%
SANTA FE, NM (FHA|USDA|VA) 2 $360,000 $180,000 $5,341 2.25%
CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) 3 $355,000 $118,333 $2,997 2.83%
JANESVILLE-BELOIT, WI (FHA|USDA|VA) 2 $350,000 $175,000 $4,481 2.50%
FOND DU LAC, WI (FHA|USDA|VA) 2 $350,000 $175,000 $4,355 2.25%
ROME, GA (FHA|USDA|VA) 3 $345,000 $115,000 $2,328 2.25%
BAY CITY, MI (FHA|USDA|VA) 3 $345,000 $115,000 $3,025 2.50%
VICTORIA, TX (FHA|USDA|VA) 2 $340,000 $170,000 $2,060 3.25%
MIDLAND, TX (FHA|USDA|VA) 2 $340,000 $170,000 $6,371 2.25%
ROCKY MOUNT, NC (FHA|USDA|VA) 3 $335,000 $111,667 $1,959 3.00%
WORCESTER, MA-CT (FHA|USDA|VA) 1 $315,000 $315,000 $5,640 3.25%
CHAMPAIGN-URBANA, IL (FHA|USDA|VA) 1 $315,000 $315,000 $10,434 2.75%
MUNCIE, IN (FHA|USDA|VA) 3 $305,000 $101,667 $2,959 2.58%
WALLA WALLA, WA (FHA|USDA|VA) 1 $305,000 $305,000 $7,528 2.75%
BLACKSBURG-CHRISTIANSBURG, VA (FHA|USDA|VA) 1 $295,000 $295,000 $4,328 2.75%
WAUSAU-WESTON, WI (FHA|USDA|VA) 2 $270,000 $135,000 $3,739 2.56%
CUMBERLAND, MD-WV (FHA|USDA|VA) 2 $270,000 $135,000 $3,434 2.25%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 2 $270,000 $135,000 $2,413 2.88%
PINE BLUFF, AR (FHA|USDA|VA) 1 $265,000 $265,000 $5,722 2.75%
MONROE, MI (FHA|USDA|VA) 2 $260,000 $130,000 $3,270 2.50%
YAKIMA, WA (FHA|USDA|VA) 1 $255,000 $255,000 $3,188 2.88%
LONGVIEW, WA (FHA|USDA|VA) 1 $245,000 $245,000 $3,451 2.75%
GADSDEN, AL (FHA|USDA|VA) 2 $240,000 $120,000 $3,263 2.81%
JOHNSTOWN, PA (FHA|USDA|VA) 2 $240,000 $120,000 $3,433 2.50%
SPRINGFIELD, OH (FHA|USDA|VA) 2 $230,000 $115,000 $4,291 3.44%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 2 $230,000 $115,000 $3,351 3.44%
MIDLAND, MI (FHA|USDA|VA) 2 $210,000 $105,000 $2,977 2.81%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $185,000 $185,000 $2,861 3.25%
HATTIESBURG, MS (FHA|USDA|VA) 1 $185,000 $185,000 $5,540 2.25%
FARGO, ND-MN (FHA|USDA|VA) 1 $185,000 $185,000 $4,050 2.38%
HAMMOND, LA (FHA|USDA|VA) 1 $185,000 $185,000 $3,476 2.25%
ST. JOSEPH, MO-KS (FHA|USDA|VA) 1 $185,000 $185,000 $2,227 2.88%
LEWISTON, ID-WA (FHA|USDA|VA) 1 $175,000 $175,000 $4,023 2.25%
ROCKFORD, IL (FHA|USDA|VA) 1 $175,000 $175,000 $4,050 3.13%
GRAND ISLAND, NE (FHA|USDA|VA) 2 $170,000 $85,000 $2,694 2.50%
ALTOONA, PA (FHA|USDA|VA) 1 $155,000 $155,000 $0 3.75%
DECATUR, IL (FHA|USDA|VA) 1 $135,000 $135,000 $3,074 2.75%
OWENSBORO, KY (FHA|USDA|VA) 1 $135,000 $135,000 $5,069 2.50%
BECKLEY, WV (FHA|USDA|VA) 1 $115,000 $115,000 $2,352 2.75%
DANVILLE, IL (FHA|USDA|VA) 1 $115,000 $115,000 $3,507 2.75%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $85,000 $85,000 $2,041 2.75%
KOKOMO, IN (FHA|USDA|VA) 1 $55,000 $55,000 $1,151 3.00%

Low Va Rates 's top markets include Las Vegas, Washington, Atlanta, Phoenix, and Provo among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
VA 8,407 $2,033,665,000 $241,901 $5,198 2.62%
Conventional 451 $128,755,000 $285,488 $2,762 2.82%
FHA 133 $27,845,000 $209,361 $4,956 3.08%
USDA 1 $265,000 $265,000 $3,864 2.50%

For the 2020 period, Low Va Rates 's most frequently originated loan type of loans were VA, with 8,407 originations. Their 2nd most popular type is Conventional, with 451 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 8,820 $2,143,150,000 $242,988 $5,082 2.63%
Home Purchase 171 $47,165,000 $275,819 $4,601 2.98%
Home Improvement 1 $215,000 $215,000 $1,869 3.63%

For the 2020, Low Va Rates 's most frequently cited loan purpose of loans were Refi, with 8,820 originations. The 2nd most popular reason of loans were Home Purchase, with 171 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 8,708 $2,132,080,000 $244,842 $5,123 2.64%
Other 138 $29,740,000 $215,507 $4,224 2.56%
15 Year 84 $17,310,000 $206,071 $2,513 2.47%
20 Year 58 $10,350,000 $178,448 $3,461 2.71%
10 Year 4 $1,050,000 $262,500 $1,323 2.22%

For the 2020, Low Va Rates 's most frequently cited loan length of loans were 30 Year, with 8,708 originations. The 2nd most popular length of loans were Other, with 138 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$3k-4k 2,389 $577,385,000 $241,685
$<1k 1,772 $415,910,000 $234,712
$2k-3k 1,722 $340,330,000 $197,636
$5k+ 1,676 $611,930,000 $365,113
$1k-2k 1,433 $244,975,000 $170,953

$5,123 of loans were Low Va Rates 's average total fees, while their most frequently occuring range of origination fees were in the $3k-4k bucket, with 2,389 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
<2.5% 4,187 $1,023,385,000 $244,420
2.5-3% 3,699 $913,235,000 $246,887
3-4% 966 $222,060,000 $229,876
4-5% 129 $28,985,000 $224,690
5-6% 10 $2,630,000 $263,000
6-7% 1 $235,000 $235,000

During 2020, Low Va Rates 's average interest rate of loans were 2.64%, while their most frequently originated rate bucket of loans were <2.5%, with 4,187 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 4,180 $1,154,860,000 $276,282 $5,607 2.62%
$100k-200k 3,596 $557,080,000 $154,917 $3,684 2.64%
$400k-600k 715 $335,025,000 $468,566 $8,341 2.65%
$100,000 or less 342 $28,500,000 $83,333 $2,360 2.76%
$600k-1MM 150 $104,610,000 $697,400 $13,002 2.56%
$1MM+ 9 $10,455,000 $1,161,667 $23,546 2.25%

2020 saw Low Va Rates place emphasis on $200k-400k loans with 4,180 originations, totaling $1,154,860,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k or less 8,257 $1,970,595,000 $238,658 $5,109 2.61%
$100k-150k 241 $76,805,000 $318,693 $5,082 2.94%
$50k-75k 182 $43,290,000 $237,857 $4,136 2.99%
$75k-100k 170 $46,470,000 $273,353 $4,756 3.04%
$150k-250k 111 $40,235,000 $362,477 $4,303 2.73%
$250k+ 31 $13,135,000 $423,710 $5,270 3.06%

Low Va Rates lent most frequently to those with incomes in the $50k or less range, with 8,257 originations. The second most popular income band? $100k-150k, with 241 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 212 $58,030,000 $273,726 $3,924 2.79%
30-36% 141 $39,605,000 $280,887 $4,609 3.02%
<20% 104 $27,020,000 $259,808 $2,629 2.70%
50-60% 41 $13,835,000 $337,439 $7,075 3.16%
45% 39 $10,195,000 $261,410 $4,789 2.97%
44% 37 $10,925,000 $295,270 $4,904 3.11%
41% 29 $7,435,000 $256,379 $4,341 2.98%
39% 28 $7,570,000 $270,357 $3,123 2.99%
38% 27 $7,515,000 $278,333 $5,057 2.94%
42% 26 $7,010,000 $269,615 $5,081 3.23%
43% 26 $7,400,000 $284,615 $6,505 3.09%
40% 25 $6,955,000 $278,200 $4,359 3.15%
37% 23 $7,225,000 $314,130 $6,146 2.97%
36% 21 $7,025,000 $334,524 $6,037 2.80%
46% 20 $6,820,000 $341,000 $7,515 3.35%
49% 20 $6,580,000 $329,000 $7,318 3.16%
47% 19 $5,465,000 $287,632 $5,726 3.34%
48% 16 $5,280,000 $330,000 $3,734 2.97%
>60% 9 $2,115,000 $235,000 $6,902 2.58%

Low Va Rates lent most frequently to those with DTI ratios of 20-30%, with 212 originations. The next most common DTI ratio? 30-36%, with 141 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 5,156 $1,241,670,000 $240,820 $5,013 2.65%
Not provided 2,122 $522,910,000 $246,423 $5,198 2.56%
Black 1,363 $330,395,000 $242,403 $5,045 2.69%
Asian 166 $50,130,000 $301,988 $5,899 2.55%
American Indian 136 $31,120,000 $228,824 $4,522 2.65%
Native Hawaiian 45 $13,095,000 $291,000 $5,405 2.59%
Other Asian 3 $845,000 $281,667 $4,954 2.88%
Samoan 1 $365,000 $365,000 $8,211 2.25%

Approval Rates

Total approvals of all applications
96.76%

Low Va Rates 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
85.66%

Low Va Rates has an average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 8,992 $2,190,530,000 $243,609

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Single Family (1-4 Units):Site-Built 8,992 $2,190,530,000 $243,609

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 107 $19,995,000 $186,869 $3,635 2.54%
40-60% 569 $118,795,000 $208,779 $3,843 2.56%
60-80% 1,867 $448,635,000 $240,297 $4,822 2.60%
80-100% 5,478 $1,341,040,000 $244,805 $5,096 2.65%
Over 100% 961 $261,185,000 $271,785 $6,346 2.65%
Under 20% 10 $880,000 $88,000 $1,706 2.61%