Jsc Mortgage Rates, Fees & Info

Houston, TX

LEI: 5493004RSPU71QRHYI22

Tax ID: 74-1457691

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

Jump to:

  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & 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 by origination volume include: Houston, Dallas, College Station, Austin, and Athens among others. We have data for 10 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 a low 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 about average 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% 12/16/24
    30 Year Conventional Refi 6.09% 12/16/24
    30 Year Cash-out Refi 6.12% 12/16/24
    15 Year Conventional Purchase 5.26% 12/16/24
    15 Year Conventional Refi 6.03% 12/16/24
    15 Year Cash-out Refi 6.03% 12/16/24
    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

    728

    Origination Dollar Volume (All Markets)

    $132,730,000

    Awards

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

    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) 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.

    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.

    AMOCO
    Similarity Rank: 405
    WESTSTAR MORTGAGE CORPORATION
    Similarity Rank: 560
    U S WIDE FINANCIAL LLC
    Similarity Rank: 588
    AAXY L.L.C.
    Similarity Rank: 648
    CAPITAL PLUS FINANCIAL, LLC
    Similarity Rank: 1104
    SCHLUMBERGER EMPLOYEES CREDIT UNION
    Similarity Rank: 1320
    Credence Funding Corporation
    Similarity Rank: 1616
    SMART CHOICE MORTGAGE, A TEXAS LIMITED LIABILITY C
    Similarity Rank: 1832
    LOANFLIGHT LENDING, LLC
    Similarity Rank: 1950
    TEXAS BAY
    Similarity Rank: 2076

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 728 $132,730,000 $182,321 $2,295 3.55%

    For 2021, Jsc's most frequently originated type of loan was Conventional, with 728 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Jsc's most frequently cited loan purpose was Home Purchase, with 215 originations. The 2nd most popular reason was 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 2021, Jsc's most frequently cited loan duration was 30 Year, with 328 originations. The 2nd most popular length was 15 Year, with 201 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost 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

    Jsc's average total fees were $3,380, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 3.38%, while their most frequently originated rate bucket for loans was 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 applications
    84.16%

    Jsc has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    36.54%

    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%