Jsc Mortgage Rates, Fees & Info
Houston, TXLEI: 5493004RSPU71QRHYI22
Tax ID: 74-1457691
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Jsc is a smaller mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Jsc has a high proportion of conventional loans. Their top markets include Houston, Dallas, College Station, Austin, and Athens among others. Jsc has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Jsc is typically an average fee lendor.Originations
728Origination Dollar Volume (All Markets)
$132,730,000Awards
JSC - 2021
JSC is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
Jsc's average 30 year fixed rate mortgage of loans were
3.38%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.23%.
Relative Fees
Jsc's average total fees for a 30 year fixed rate
mortgage are $3,380.
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 $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 707 | $128,855,000 | $182,256 | $2,283 | 3.55% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $4,021 | 3.19% |
| Outside of Metro Areas | 7 | $805,000 | $115,000 | $2,871 | 4.80% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 5 | $725,000 | $145,000 | $1,621 | 3.34% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $510,000 | $255,000 | $4,670 | 3.56% |
| Athens, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,477 | 3.13% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $1,775 | 2.88% |
| Rockport, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,287 | 3.25% |
| Nacogdoches, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,224 | 3.00% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $1,710 | 2.63% |
Jsc's top markets include Houston, Dallas, College Station, Austin, and Athens among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 728 | $132,730,000 | $182,321 | $2,295 | 3.55% |
For the 2021 period, Jsc's most frequently originated loan type of loans were Conventional, with 728 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 215 | $55,705,000 | $259,093 | $3,688 | 3.50% |
| Refi | 174 | $32,610,000 | $187,414 | $2,080 | 2.96% |
| Cash Out Refi | 158 | $33,030,000 | $209,051 | $3,051 | 3.10% |
| Home Improvement | 110 | $5,780,000 | $52,545 | $178 | 4.68% |
| Other | 71 | $5,605,000 | $78,944 | $205 | 4.40% |
For the 2021, Jsc's most frequently cited loan purpose of loans were Home Purchase, with 215 originations. The 2nd most popular reason of loans were Refi, with 174 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 328 | $81,800,000 | $249,390 | $3,380 | 3.38% |
| 15 Year | 201 | $28,195,000 | $140,274 | $1,771 | 3.53% |
| 10 Year | 84 | $5,760,000 | $68,571 | $647 | 4.16% |
| 20 Year | 71 | $14,865,000 | $209,366 | $2,019 | 3.16% |
| 5 Year | 44 | $2,110,000 | $47,955 | $198 | 4.36% |
For the 2021, Jsc's most frequently cited loan length of loans were 30 Year, with 328 originations. The 2nd most popular length of loans were 15 Year, with 201 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 646 | $112,980,000 | $174,892 |
| $1k-2k | 80 | $18,940,000 | $236,750 |
| $2k-3k | 1 | $205,000 | $205,000 |
| $5k+ | 1 | $605,000 | $605,000 |
$3,380 of loans were Jsc's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 646 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 280 | $55,710,000 | $198,964 |
| 2.5-3% | 248 | $52,280,000 | $210,806 |
| 4-5% | 114 | $16,050,000 | $140,789 |
| 5-6% | 54 | $3,100,000 | $57,407 |
| <2.5% | 29 | $5,435,000 | $187,414 |
| 7-8% | 3 | $155,000 | $51,667 |
During 2021, Jsc's average interest rate of loans were 3.38%, while their most frequently originated rate bucket of loans were 3-4%, with 280 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-200k | 266 | $39,260,000 | $147,594 | $2,157 | 3.24% |
| $200k-400k | 227 | $62,025,000 | $273,238 | $3,449 | 3.24% |
| $100,000 or less | 197 | $10,525,000 | $53,426 | $614 | 4.38% |
| $400k-600k | 29 | $13,295,000 | $458,448 | $4,800 | 3.34% |
| $600k-1MM | 8 | $5,680,000 | $710,000 | $5,494 | 3.09% |
| $1MM+ | 1 | $1,945,000 | $1,945,000 | $10,195 | 3.38% |
2021 saw Jsc place emphasis on $100k-200k loans with 266 originations, totaling $39,260,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 202 | $37,370,000 | $185,000 | $2,325 | 3.57% |
| $150k-250k | 173 | $36,215,000 | $209,335 | $2,390 | 3.56% |
| $75k-100k | 137 | $21,525,000 | $157,117 | $2,124 | 3.60% |
| $50k-75k | 118 | $17,480,000 | $148,136 | $2,250 | 3.41% |
| $250k+ | 50 | $15,320,000 | $306,400 | $2,744 | 3.65% |
| $50k or less | 47 | $4,785,000 | $101,809 | $2,003 | 3.53% |
Jsc lent most frequently to those with incomes in the $100k-150k range, with 202 originations. The second most popular income band? $150k-250k, with 173 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 188 | $32,920,000 | $175,106 | $2,051 | 3.47% |
| 30-36% | 158 | $31,080,000 | $196,709 | $2,529 | 3.56% |
| <20% | 87 | $13,215,000 | $151,897 | $2,061 | 3.32% |
| 39% | 30 | $5,230,000 | $174,333 | $2,181 | 3.74% |
| 42% | 29 | $4,565,000 | $157,414 | $2,233 | 3.47% |
| 41% | 28 | $4,670,000 | $166,786 | $1,959 | 3.73% |
| 40% | 26 | $4,760,000 | $183,077 | $2,821 | 3.81% |
| 36% | 26 | $4,570,000 | $175,769 | $1,985 | 3.82% |
| 37% | 24 | $4,270,000 | $177,917 | $1,846 | 3.86% |
| 38% | 23 | $4,695,000 | $204,130 | $2,385 | 3.73% |
| 43% | 21 | $3,975,000 | $189,286 | $1,947 | 3.78% |
| 44% | 18 | $3,450,000 | $191,667 | $2,927 | 3.49% |
| 45% | 15 | $3,675,000 | $245,000 | $3,196 | 3.77% |
| 46% | 14 | $3,080,000 | $220,000 | $2,727 | 3.60% |
| 48% | 13 | $3,195,000 | $245,769 | $2,832 | 3.16% |
| 50-60% | 10 | $1,900,000 | $190,000 | $3,021 | 3.55% |
| 49% | 9 | $2,105,000 | $233,889 | $3,521 | 3.32% |
| 47% | 7 | $1,265,000 | $180,714 | $2,266 | 3.22% |
| >60% | 1 | $75,000 | $75,000 | $2,938 | 4.38% |
Jsc lent most frequently to those with DTI ratios of 20-30%, with 188 originations. The next most common DTI ratio? 30-36%, with 158 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 519 | $92,725,000 | $178,661 | $2,261 | 3.57% |
| Not provided | 124 | $22,310,000 | $179,919 | $2,222 | 3.56% |
| Black | 39 | $7,285,000 | $186,795 | $2,764 | 3.49% |
| Asian | 28 | $6,380,000 | $227,857 | $2,469 | 3.28% |
| American Indian | 8 | $1,900,000 | $237,500 | $2,521 | 3.77% |
| Asian Indian | 5 | $1,265,000 | $253,000 | $3,024 | 2.68% |
| Korean | 1 | $325,000 | $325,000 | $4,009 | 2.88% |
| Other Pacific Islander | 1 | $265,000 | $265,000 | $3,934 | 4.50% |
| Other Asian | 1 | $165,000 | $165,000 | $1,447 | 3.00% |
| Filipino | 1 | $75,000 | $75,000 | $194 | 4.00% |
| Not applicable | 1 | $35,000 | $35,000 | $187 | 5.00% |
Approval Rates
Total approvals of all applications85.14%
Jsc has an average approval rate.
Pick Rate
Approvals leading to origination36.01%
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 | 728 | $132,730,000 | $182,321 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 728 | $132,730,000 | $182,321 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 86 | $9,370,000 | $108,953 | $1,122 | 3.74% |
| 40-60% | 116 | $20,350,000 | $175,431 | $2,249 | 3.00% |
| 60-80% | 206 | $44,070,000 | $213,932 | $2,616 | 3.21% |
| 80-100% | 207 | $54,465,000 | $263,116 | $3,644 | 3.47% |
| Under 20% | 113 | $4,475,000 | $39,602 | $181 | 4.74% |
