Jsc Mortgage Rates, Fees & Info

Houston, TX

LEI: 5493004RSPU71QRHYI22

Tax ID: 74-1457691

5 stars - Updated: 12/7/24 - out of 5 stars, based on 27 reviews

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

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Mortgage Data

Review & Overview

Jsc is a smaller mortgage company specializing in Home Purchase loans. Jsc has a high proportion of conventional loans. Their top markets by origination volume include: Houston, San Antonio, Dallas, Austin, and College Station among others. We have data for 16 markets. (Some data included below & more in-depth data is available with an active subscription.)

Jsc 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. Jsc 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 5.90% 12/7/24
30 Year Conventional Refi 6.09% 12/7/24
30 Year Cash-out Refi 6.12% 12/7/24
15 Year Conventional Purchase 5.26% 12/7/24
15 Year Conventional Refi 6.03% 12/7/24
15 Year Cash-out Refi 6.03% 12/7/24
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.

Jsc Mortgage Calculator






Your Estimates

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

This is not an official calculator from Jsc. 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

708

Origination Dollar Volume (All Markets)

$136,660,000

Awards

JSC 30 Year Conventional Loans gold
Show all (1) awards

Relative Rate

Jsc's average 30 year fixed mortgage rate was 6.41%.

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

This yields a difference of -0.07%.

Relative Fees (Closing Costs)

Jsc's average total fees/closing costs for a 30 year fixed rate mortgage were $5,167.

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
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 671 $127,175,000 $189,531 $2,773 6.84%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 5 $2,005,000 $401,000 $4,420 5.75%
Outside of Metro Areas 8 $1,510,000 $188,750 $4,239 6.64%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 7 $1,485,000 $212,143 $2,771 6.72%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 4 $1,420,000 $355,000 $3,975 6.56%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 2 $820,000 $410,000 $5,261 6.25%
CORPUS CHRISTI, TX (FHA|USDA|VA) 2 $520,000 $260,000 $6,364 7.00%
Huntsville, TX (FHA|USDA|VA) 1 $295,000 $295,000 $5,846 5.88%
TYLER, TX (FHA|USDA|VA) 1 $265,000 $265,000 $4,897 6.38%
Kerrville, TX (FHA|USDA|VA) 1 $255,000 $255,000 $4,112 6.25%
SHERMAN-DENISON, TX (FHA|USDA|VA) 1 $255,000 $255,000 $2,295 8.25%
Brenham, TX (FHA|USDA|VA) 1 $245,000 $245,000 $3,288 5.88%
LUBBOCK, TX (FHA|USDA|VA) 1 $155,000 $155,000 $4,394 7.25%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 1 $115,000 $115,000 $6,591 7.25%
Lufkin, TX (FHA|USDA|VA) 1 $75,000 $75,000 $1,409 5.75%
MIDLAND, TX (FHA|USDA|VA) 1 $65,000 $65,000 $0 6.49%
Jsc's top markets include Houston, San Antonio, Dallas, Austin, and College Station among others.

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

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

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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 690 $134,990,000 $195,638 $2,837 6.83%
    HELOC 18 $1,670,000 $92,778 n/a 6.49%

    For 2023, Jsc's most frequently originated type of loan was Conventional, with 690 originations. Their 2nd most popular type was HELOC, with 18 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 326 $98,110,000 $300,951 $5,165 6.42%
    Other 175 $14,075,000 $80,429 $212 7.40%
    Home Improvement 122 $8,170,000 $66,967 $247 7.14%
    Refi 53 $8,195,000 $154,623 $1,386 6.98%
    Cash Out Refi 32 $8,110,000 $253,438 $4,236 6.16%

    For 2023, Jsc's most frequently cited loan purpose was Home Purchase, with 326 originations. The 2nd most popular reason was Other, with 175 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 363 $104,985,000 $289,215 $5,167 6.41%
    20 Year 146 $15,350,000 $105,137 $518 7.67%
    10 Year 95 $6,055,000 $63,737 $225 6.97%
    15 Year 68 $8,680,000 $127,647 $1,020 7.04%
    5 Year 36 $1,590,000 $44,167 $191 6.65%

    For 2023, Jsc's most frequently cited loan duration was 30 Year, with 363 originations. The 2nd most popular length was 20 Year, with 146 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 446 $62,480,000 $140,090
    $1k-2k 226 $67,550,000 $298,894
    $5k+ 9 $3,135,000 $348,333
    $2k-3k 4 $940,000 $235,000
    $3k-4k 4 $570,000 $142,500

    Jsc's average total fees were $5,167, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 446 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 345 $74,035,000 $214,594
    7-8% 160 $22,520,000 $140,750
    5-6% 133 $34,045,000 $255,977
    Over 8% 68 $5,250,000 $77,206
    4-5% 2 $810,000 $405,000

    During 2023, Jsc's average interest rate for loans was 6.41%, while their most frequently originated rate bucket for loans was 6-7%, with 345 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100,000 or less 250 $13,470,000 $53,880 $322 7.26%
    $200k-400k 243 $66,415,000 $273,313 $4,675 6.46%
    $100k-200k 147 $20,555,000 $139,830 $2,250 6.92%
    $400k-600k 53 $24,885,000 $469,528 $6,136 6.30%
    $600k-1MM 14 $10,190,000 $727,857 $7,106 6.22%
    $1MM+ 1 $1,145,000 $1,145,000 $8,485 5.88%

    2023 saw Jsc place emphasis on $100,000 or less loans with 250 originations, totaling $13,470,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 199 $43,215,000 $217,161 $2,893 6.84%
    $100k-150k 192 $33,340,000 $173,646 $2,561 6.92%
    $75k-100k 123 $20,065,000 $163,130 $2,866 6.82%
    $50k-75k 91 $14,715,000 $161,703 $3,124 6.71%
    $250k+ 74 $22,920,000 $309,730 $3,366 6.69%
    $50k or less 29 $2,405,000 $82,931 $1,899 6.70%

    Jsc lent most frequently to those with incomes in the $150k-250k range, with 199 originations. The second most popular income band? $100k-150k, with 192 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 139 $23,115,000 $166,295 $2,091 6.68%
    30-36% 113 $24,575,000 $217,478 $3,246 6.67%
    <20% 49 $6,275,000 $128,061 $1,483 6.58%
    50-60% 44 $9,280,000 $210,909 $2,710 6.93%
    43% 36 $6,820,000 $189,444 $2,360 7.35%
    48% 36 $6,960,000 $193,333 $3,038 6.96%
    37% 33 $6,115,000 $185,303 $2,970 6.89%
    39% 29 $6,885,000 $237,414 $3,966 6.66%
    47% 28 $5,310,000 $189,643 $2,637 6.88%
    40% 25 $4,135,000 $165,400 $2,357 6.98%
    44% 25 $4,275,000 $171,000 $3,234 6.79%
    42% 22 $3,840,000 $174,545 $2,570 7.06%
    41% 21 $3,545,000 $168,810 $2,584 7.48%
    36% 20 $4,440,000 $222,000 $3,223 6.92%
    45% 19 $5,925,000 $311,842 $3,895 6.51%
    38% 19 $3,025,000 $159,211 $2,760 6.86%
    46% 19 $4,915,000 $258,684 $3,726 6.70%
    49% 12 $2,710,000 $225,833 $4,330 7.01%
    >60% 1 $185,000 $185,000 $5,054 5.75%

    Jsc lent most frequently to those with DTI ratios of 20-30%, with 139 originations. The next most common DTI ratio? 30-36%, with 113 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 455 $88,915,000 $195,418 $2,880 6.78%
    Not provided 147 $23,865,000 $162,347 $2,193 6.95%
    Black 61 $13,525,000 $221,721 $3,230 6.97%
    Asian 28 $6,850,000 $244,643 $3,983 6.68%
    American Indian 9 $1,845,000 $205,000 $4,145 6.68%
    Asian Indian 5 $1,125,000 $225,000 $4,656 6.20%
    Other Asian 2 $350,000 $175,000 $2,852 6.94%
    Native Hawaiian or Islander 1 $185,000 $185,000 $2,843 5.75%

    Approval Rates

    Total approvals of all applications
    78.40%

    Jsc has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    47.88%

    Jsc 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 708 $136,660,000 $193,023

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    708 $136,660,000 $193,023

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 115 $11,295,000 $98,217 $476 7.32%
    40-60% 43 $7,565,000 $175,930 $2,123 6.78%
    60-80% 118 $34,380,000 $291,356 $4,022 6.17%
    80-100% 195 $59,355,000 $304,385 $5,228 6.44%
    Over 100% 31 $9,885,000 $318,871 $5,814 6.85%
    Under 20% 188 $9,850,000 $52,394 $241 7.30%