Affinity Mortgage Rates, Fees & Info
Basking Ridge, NJLEI: 5493004UNRG4PWDF2K60
Tax ID: 13-5562114
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Affinity is a smaller mortgage company specializing in Cash Out Refi, Home Purchase, and Refi loans. Affinity has a high proportion of conventional loans. Their top markets by origination volume include: New York, Washington, Allentown, Philadelphia, and Trenton among others. We have data for 120 markets. (Some data included below & more in-depth data is available with an active subscription.)Affinity 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. Affinity 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 |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 5.91% | 4/21/24 |
| 30 Year Conventional Purchase | 6.35% | 4/21/24 |
| 30 Year Conventional Refi | 6.20% | 4/21/24 |
| 30 Year Cash-out Refi | 6.55% | 4/21/24 |
| 15 Year Conventional Purchase | 6.00% | 4/21/24 |
| 15 Year Conventional Refi | 5.93% | 4/21/24 |
| 15 Year Cash-out Refi | 5.93% | 4/21/24 |
| 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. | ||
Affinity Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Affinity. 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
2,240Origination Dollar Volume (All Markets)
$554,500,000Awards
AFFINITY - 2020
AFFINITY is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
Work for AFFINITY?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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) | 1,656 | $409,820,000 | $247,476 | $3,215 | 3.19% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 26 | $14,010,000 | $538,846 | $3,347 | 3.11% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 85 | $13,055,000 | $153,588 | $2,837 | 3.28% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 51 | $11,195,000 | $219,510 | $3,264 | 3.08% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 41 | $10,735,000 | $261,829 | $3,556 | 3.28% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 22 | $7,900,000 | $359,091 | $3,950 | 3.17% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 15 | $6,085,000 | $405,667 | $3,983 | 3.22% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 7 | $4,715,000 | $673,571 | $2,874 | 3.01% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 22 | $4,670,000 | $212,273 | $2,738 | 3.28% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 13 | $4,435,000 | $341,154 | $4,356 | 3.16% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 18 | $2,670,000 | $148,333 | $2,962 | 3.38% |
| Outside of Metro Areas | 14 | $2,660,000 | $190,000 | $2,989 | 3.14% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 5 | $2,445,000 | $489,000 | $2,925 | 2.95% |
| POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY (FHA|USDA|VA) | 12 | $2,410,000 | $200,833 | $3,775 | 3.17% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 3 | $2,135,000 | $711,667 | $5,294 | 3.12% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 7 | $1,945,000 | $277,857 | $3,712 | 3.62% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 5 | $1,895,000 | $379,000 | $3,115 | 3.13% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 11 | $1,845,000 | $167,727 | $2,737 | 3.48% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 9 | $1,815,000 | $201,667 | $2,672 | 3.08% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 8 | $1,670,000 | $208,750 | $2,502 | 3.26% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $1,670,000 | $835,000 | $9,416 | 2.93% |
| Key West, FL (FHA|USDA|VA) | 1 | $1,505,000 | $1,505,000 | $9,840 | 3.13% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 7 | $1,505,000 | $215,000 | $3,323 | 3.10% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 5 | $1,415,000 | $283,000 | $3,819 | 3.02% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 5 | $1,345,000 | $269,000 | $3,127 | 3.02% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $1,180,000 | $295,000 | $3,868 | 3.06% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 8 | $1,160,000 | $145,000 | $2,604 | 3.06% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 6 | $1,140,000 | $190,000 | $3,172 | 3.21% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 5 | $1,135,000 | $227,000 | $3,423 | 3.22% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 3 | $1,135,000 | $378,333 | $4,367 | 2.95% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 5 | $1,085,000 | $217,000 | $2,356 | 3.15% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $1,085,000 | $1,085,000 | $5,297 | 2.88% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 5 | $1,005,000 | $201,000 | $2,964 | 2.94% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $2,417 | 3.33% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 7 | $955,000 | $136,429 | $2,619 | 3.25% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $4,331 | 3.20% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 5 | $905,000 | $181,000 | $2,668 | 3.17% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $2,709 | 3.29% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 5 | $875,000 | $175,000 | $2,347 | 3.17% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $3,277 | 3.08% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 4 | $790,000 | $197,500 | $2,871 | 3.15% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 4 | $750,000 | $187,500 | $2,194 | 3.09% |
| Torrington, CT (FHA|USDA|VA) | 3 | $715,000 | $238,333 | $2,332 | 3.21% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 1 | $705,000 | $705,000 | $3,826 | 3.38% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 2 | $700,000 | $350,000 | $4,660 | 3.12% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $3,390 | 2.87% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $2,967 | 3.46% |
| Sandpoint, ID (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $4,935 | 3.25% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $2,333 | 2.93% |
| ASHEVILLE, NC (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $2,845 | 3.08% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $2,906 | 2.93% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $1,860 | 2.88% |
| Roanoke Rapids, NC (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $3,754 | 3.38% |
| THE VILLAGES, FL (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $2,680 | 3.08% |
| Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $3,725 | 3.00% |
| ANN ARBOR, MI (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $2,248 | 3.00% |
| KINGSTON, NY (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $3,438 | 3.38% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) | 5 | $425,000 | $85,000 | $2,418 | 3.07% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $2,210 | 3.00% |
| Vineyard Haven, MA (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,331 | 3.38% |
| TUCSON, AZ (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,019 | 3.18% |
| KNOXVILLE, TN (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $2,180 | 3.08% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $3,385 | 3.25% |
| COLUMBIA, SC (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $2,519 | 3.13% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $4,148 | 3.38% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $1,953 | 2.91% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,602 | 3.38% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $3,201 | 3.16% |
| PORTLAND-SOUTH PORTLAND, ME (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $0 | 2.99% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $3,252 | 3.12% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,801 | 3.25% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,063 | 2.63% |
| Ogdensburg-Massena, NY (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,365 | 2.88% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,557 | 3.38% |
| Mason City, IA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $1,803 | 3.38% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $2,960 | 3.12% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,663 | 3.25% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,198 | 3.25% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,493 | 3.38% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,042 | 3.38% |
| READING, PA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,325 | 3.38% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,699 | 2.88% |
| Hilo, HI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,742 | 3.88% |
| STOCKTON, CA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $2,120 | 3.38% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $2,863 | 2.88% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,763 | 3.25% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,581 | 2.63% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $1,602 | 3.38% |
| Pinehurst-Southern Pines, NC (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $3,156 | 3.00% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $2,775 | 3.00% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,094 | 3.25% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $2,368 | 3.25% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $2,412 | 3.38% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $0 | 2.99% |
| LYNCHBURG, VA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,264 | 2.88% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $1,463 | 2.88% |
| GLENS FALLS, NY (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,859 | 3.38% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,158 | 2.75% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,335 | 3.13% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $150,000 | $75,000 | $0 | 2.99% |
| Rutland, VT (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,220 | 3.38% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,365 | 3.38% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 2.99% |
| Lawrenceburg, TN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 2.99% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,671 | 3.75% |
| LANCASTER, PA (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $0 | 4.62% |
| ITHACA, NY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 2.99% |
| Greenwood, SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 2.99% |
| Lewisburg, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 2.99% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,400 | 3.00% |
| MADISON, WI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 2.99% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $0 | 2.99% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 2.99% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 2.99% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $0 | 2.99% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 2.99% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 2.99% |
| Elizabeth City, NC (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 2.99% |
| TOLEDO, OH (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $0 | 2.99% |
| SALEM, OR (FHA|USDA|VA) | 1 | $15,000 | $15,000 | $0 | 2.99% |
Similar Lenders
We use machine learning to identify the top lenders compared against AFFINITY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 134
Similarity Rank: 247
Similarity Rank: 400
Similarity Rank: 450
Similarity Rank: 482
Similarity Rank: 528
Similarity Rank: 538
Similarity Rank: 589
Similarity Rank: 625
Similarity Rank: 640
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 1,315 | $461,645,000 | $351,061 | $3,203 | 3.23% |
| HELOC | 925 | $92,855,000 | $100,384 | n/a | 3.13% |
For 2020, Affinity's most frequently originated type of loan was Conventional, with 1,315 originations. Their 2nd most popular type was HELOC, with 925 originations.
Loan Reason
For 2020, Affinity's most frequently cited loan purpose was Cash Out Refi, with 533 originations. The 2nd most popular reason was Home Improvement, with 506 originations.
Loan Duration/Length
For 2020, Affinity's most frequently cited loan duration was 30 Year, with 1,856 originations. The 2nd most popular length was 15 Year, with 183 originations.
Origination Fees/Closing Costs
Affinity's average total fees were $3,391, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,265 originations.
Interest Rates
During 2020, Affinity's average interest rate for loans was 3.21%, while their most frequently originated rate bucket for loans was 2.5-3%, with 1,282 originations.
Loan Sizing
2020 saw Affinity place emphasis on $200k-400k loans with 770 originations, totaling $212,490,000 in origination value.
Applicant Income
Affinity lent most frequently to those with incomes in the $150k-250k range, with 616 originations. The second most popular income band? $100k-150k, with 610 originations.
Applicant Debt to Income Ratio
Affinity lent most frequently to those with DTI ratios of 20-30%, with 577 originations. The next most common DTI ratio? 30-36%, with 403 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications84.59%
Affinity has a below average approval rate.
Pick Rate
Approvals leading to origination73.17%
Affinity has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| 0.0 | 5 | $645,000 | $129,000 |
| NA | 2,235 | $553,855,000 | $247,810 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Site-Built | 6 | $7,070,000 | $1,178,333 |
| Single Family (1-4 Units):Site-Built | 2,234 | $547,430,000 | $245,045 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Avantus, LLC | FHA mortgage | Incorrect information on your report | 1 | 100.0% |