Pulte Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 5493004WMLN60ZJ2ON46

Tax ID: 42-1554181

5 stars - out of 5 stars, based on 145 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Pulte Mortgage is a mid-sized mortgage company specializing in loans. Pulte Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Phoenix, Dallas, Las Vegas, Orlando, and Austin among others. We have data for 63 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Pulte Mortgage has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Pulte Mortgage 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 6.44% 10/3/22
    30 Year Conventional Refi 6.45% 10/3/22
    30 Year Cash-out Refi 6.56% 10/3/22
    30 Year FHA Purchase 7.37% 10/3/22
    30 Year VA Purchase 6.22% 10/3/22
    30 Year USDA Purchase 6.77% 10/3/22
    15 Year Conventional Purchase 6.10% 10/3/22
    15 Year Conventional Refi 6.19% 10/3/22
    15 Year Cash-out Refi 6.19% 10/3/22
    15 Year FHA Purchase 6.67% 10/3/22
    15 Year VA Purchase 5.93% 10/3/22
    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.


    Originations

    21,164

    Origination Dollar Volume (All Markets)

    $7,432,050,000
    Show all (94) awards

    Relative Rate

    Pulte Mortgage 's average 30 year fixed mortgage rate was 3.05%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of -0.1%.

    Relative Fees (Closing Costs)

    Pulte Mortgage 's average total fees/closing costs for a 30 year fixed rate mortgage were $2,585.

    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 $4,750.

    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
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1,232 $446,130,000 $362,119 $1,827 3.00%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 1,355 $383,205,000 $282,808 $3,192 3.04%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 892 $379,850,000 $425,841 $1,666 2.99%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 897 $320,705,000 $357,531 $3,207 3.11%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 1,086 $310,950,000 $286,326 $2,936 2.99%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1,158 $279,510,000 $241,373 $3,078 3.00%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 750 $274,320,000 $365,760 $2,448 2.93%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 548 $250,690,000 $457,464 $2,883 2.94%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 961 $248,595,000 $258,684 $3,820 2.96%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 739 $225,955,000 $305,758 $2,762 3.07%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 514 $225,730,000 $439,163 $2,848 2.98%
    INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 707 $218,515,000 $309,074 $1,403 2.96%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 548 $216,740,000 $395,511 $1,604 2.93%
    COLUMBUS, OH (FHA|USDA|VA) 578 $197,090,000 $340,986 $2,137 2.89%
    RALEIGH-CARY, NC (FHA|USDA|VA) 624 $195,780,000 $313,750 $1,240 3.00%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 514 $184,370,000 $358,696 $1,788 3.05%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 521 $183,525,000 $352,255 $2,773 3.05%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 480 $180,470,000 $375,979 $1,839 2.96%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 550 $179,320,000 $326,036 $3,131 3.07%
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 266 $165,710,000 $622,970 $1,937 2.91%
    Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 419 $163,365,000 $389,893 $2,958 2.90%
    Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 401 $149,215,000 $372,107 $2,249 2.91%
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 320 $140,960,000 $440,500 $3,138 3.07%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 203 $140,095,000 $690,123 $1,757 3.02%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 347 $134,325,000 $387,104 $1,717 2.96%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 265 $114,455,000 $431,906 $2,595 2.87%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 154 $114,150,000 $741,234 $1,220 3.04%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 386 $106,930,000 $277,021 $1,401 3.11%
    JACKSONVILLE, FL (FHA|USDA|VA) 359 $101,875,000 $283,774 $2,887 3.04%
    ALBUQUERQUE, NM (FHA|USDA|VA) 276 $94,790,000 $343,442 $2,765 2.98%
    TUCSON, AZ (FHA|USDA|VA) 231 $89,275,000 $386,472 $2,041 2.93%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 239 $88,815,000 $371,611 $3,572 3.06%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 277 $87,565,000 $316,119 $2,610 3.09%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 239 $67,335,000 $281,736 $1,303 3.06%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 147 $66,755,000 $454,116 $4,187 3.02%
    CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 184 $63,560,000 $345,435 $2,740 2.86%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 137 $62,595,000 $456,898 $2,245 2.85%
    STOCKTON, CA (FHA|USDA|VA) 106 $60,360,000 $569,434 $1,709 3.11%
    AKRON, OH (FHA|USDA|VA) 161 $59,995,000 $372,640 $2,893 2.84%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 77 $59,165,000 $768,377 $1,985 2.89%
    ANN ARBOR, MI (FHA|USDA|VA) 138 $55,480,000 $402,029 $2,647 2.83%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 185 $52,345,000 $282,946 $2,636 3.01%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 147 $44,745,000 $304,388 $2,870 3.07%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 159 $41,885,000 $263,428 $3,643 3.15%
    PUNTA GORDA, FL (FHA|USDA|VA) 101 $29,405,000 $291,139 $2,945 3.04%
    WILMINGTON, NC (FHA|USDA|VA) 80 $22,580,000 $282,250 $863 3.04%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 45 $22,375,000 $497,222 $3,964 2.78%
    OCALA, FL (FHA|USDA|VA) 105 $22,035,000 $209,857 $2,485 3.01%
    SANTA FE, NM (FHA|USDA|VA) 49 $17,495,000 $357,041 $2,366 2.91%
    Outside of Metro Areas 58 $16,840,000 $290,345 $2,325 3.02%
    GAINESVILLE, GA (FHA|USDA|VA) 48 $14,840,000 $309,167 $1,476 2.88%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 53 $14,675,000 $276,887 $2,545 3.02%
    SAVANNAH, GA (FHA|USDA|VA) 37 $13,045,000 $352,568 $2,286 3.09%
    WORCESTER, MA-CT (FHA|USDA|VA) 47 $12,125,000 $257,979 $1,745 2.95%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 25 $8,805,000 $352,200 $1,613 3.11%
    SALISBURY, MD-DE (FHA|USDA|VA) 14 $4,550,000 $325,000 $2,233 3.08%
    SHERMAN-DENISON, TX (FHA|USDA|VA) 9 $2,245,000 $249,444 $2,711 2.86%
    NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 11 $2,145,000 $195,000 $2,109 2.92%
    Marion, OH (FHA|USDA|VA) 1 $465,000 $465,000 $14,268 3.00%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $425,000 $425,000 $263 2.38%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $365,000 $365,000 $2,101 2.75%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $245,000 $245,000 $2,014 2.50%
    COLUMBIA, SC (FHA|USDA|VA) 1 $195,000 $195,000 $634 3.25%

    Pulte Mortgage 's top markets include Phoenix, Dallas, Las Vegas, Orlando, and Austin among others.

    Similar Lenders

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

    SANDIA LABORATORY
    Similarity Rank: 140
    Los Angeles Federal Credit Union
    Similarity Rank: 170
    Middlesex Savings Bank
    Similarity Rank: 174
    First Credit Union
    Similarity Rank: 180
    GEOVISTA
    Similarity Rank: 236
    Northern Bank & Trust Company
    Similarity Rank: 288
    Bridgewater Savings Bank
    Similarity Rank: 329
    AAXY L.L.C.
    Similarity Rank: 486
    Del Norte Credit Union
    Similarity Rank: 488
    ARIZONA CENTRAL
    Similarity Rank: 506

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 16,825 $5,982,405,000 $355,566 $1,620 3.00%
    FHA 2,233 $660,085,000 $295,605 $6,250 3.12%
    VA 1,974 $755,630,000 $382,791 $5,711 2.83%
    USDA 132 $33,930,000 $257,045 $3,681 3.00%

    For 2021, Pulte Mortgage 's most frequently originated type of loan was Conventional, with 16,825 originations. Their 2nd most popular type was FHA, with 2,233 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 21,086 $7,409,170,000 $351,379 $2,507 3.00%
    Refi 50 $15,390,000 $307,800 $1,374 2.94%
    Cash Out Refi 28 $7,490,000 $267,500 $1,848 3.08%

    For 2021, Pulte Mortgage 's most frequently cited loan purpose was Home Purchase, with 21,086 originations. The 2nd most popular reason was Refi, with 50 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 19,599 $7,020,325,000 $358,198 $2,585 3.05%
    15 Year 1,333 $372,575,000 $279,501 $1,534 2.48%
    20 Year 95 $30,555,000 $321,632 $2,059 2.90%
    3 Year 92 $600,000 $6,522 $0 0.00%
    10 Year 36 $5,910,000 $164,167 $895 2.55%
    Other 9 $2,085,000 $231,667 $3,149 2.03%

    For 2021, Pulte Mortgage 's most frequently cited loan duration was 30 Year, with 19,599 originations. The 2nd most popular length was 15 Year, with 1,333 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 18,411 $6,418,145,000 $348,604
    $1k-2k 1,190 $421,340,000 $354,067
    $2k-3k 624 $222,750,000 $356,971
    $5k+ 378 $166,830,000 $441,349
    $3k-4k 331 $118,975,000 $359,441
    $4k-5k 222 $83,940,000 $378,108

    Pulte Mortgage 's average total fees were $2,585, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 18,411 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    2.5-3% 10,394 $3,775,480,000 $363,236
    3-4% 8,939 $3,058,435,000 $342,145
    <2.5% 1,813 $589,025,000 $324,890
    4-5% 18 $9,110,000 $506,111

    During 2021, Pulte Mortgage 's average interest rate for loans was 3.05%, while their most frequently originated rate bucket for loans was 2.5-3%, with 10,394 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 12,619 $3,779,515,000 $299,510 $2,648 3.05%
    $400k-600k 5,340 $2,543,220,000 $476,258 $2,552 2.96%
    $100k-200k 1,634 $255,770,000 $156,530 $1,312 2.97%
    $600k-1MM 1,088 $781,460,000 $718,254 $3,212 2.99%
    $100,000 or less 439 $22,855,000 $52,062 $504 2.07%
    $1MM+ 44 $49,230,000 $1,118,864 $1,396 2.98%

    2021 saw Pulte Mortgage place emphasis on $200k-400k loans with 12,619 originations, totaling $3,779,515,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 6,566 $2,433,900,000 $370,682 $2,455 3.00%
    $75k-100k 4,391 $1,369,475,000 $311,882 $2,718 3.02%
    $150k-250k 4,233 $1,833,635,000 $433,176 $2,317 3.00%
    $50k-75k 3,757 $972,965,000 $258,974 $2,712 2.97%
    $250k+ 1,335 $637,925,000 $477,846 $2,599 2.99%
    $50k or less 861 $175,605,000 $203,955 $1,641 2.96%

    Pulte Mortgage lent most frequently to those with incomes in the $100k-150k range, with 6,566 originations. The second most popular income band? $75k-100k, with 4,391 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 4,247 $1,481,525,000 $348,840 $1,863 2.93%
    30-36% 3,897 $1,404,715,000 $360,461 $2,199 2.99%
    <20% 1,330 $418,620,000 $314,752 $1,698 2.89%
    50-60% 1,268 $416,450,000 $328,431 $6,016 2.99%
    44% 853 $297,625,000 $348,916 $2,535 3.06%
    49% 821 $277,835,000 $338,410 $2,672 3.04%
    42% 816 $297,240,000 $364,265 $2,569 3.05%
    40% 802 $297,750,000 $371,259 $2,338 3.05%
    43% 782 $277,400,000 $354,731 $2,439 3.06%
    39% 763 $280,315,000 $367,385 $2,519 3.04%
    41% 754 $277,020,000 $367,401 $2,321 3.04%
    38% 707 $265,635,000 $375,721 $2,441 3.02%
    36% 701 $253,665,000 $361,862 $2,046 3.03%
    37% 680 $248,900,000 $366,029 $2,348 3.03%
    45% 673 $224,485,000 $333,559 $2,732 3.04%
    48% 661 $230,605,000 $348,873 $2,677 3.03%
    47% 657 $223,845,000 $340,708 $2,722 3.03%
    46% 628 $211,940,000 $337,484 $2,828 3.01%
    >60% 124 $46,480,000 $374,839 $6,175 2.88%

    Pulte Mortgage lent most frequently to those with DTI ratios of 20-30%, with 4,247 originations. The next most common DTI ratio? 30-36%, with 3,897 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 12,834 $4,248,240,000 $331,014 $2,479 3.01%
    Asian 3,750 $1,563,790,000 $417,011 $1,863 2.94%
    Black 2,127 $763,565,000 $358,987 $3,668 3.02%
    Not provided 1,725 $585,205,000 $339,249 $2,858 3.01%
    Asian Indian 348 $135,260,000 $388,678 $1,339 2.88%
    American Indian 152 $49,460,000 $325,395 $2,845 3.01%
    Filipino 42 $16,730,000 $398,333 $2,645 3.01%
    Chinese 41 $15,985,000 $389,878 $1,927 3.04%
    Native Hawaiian or Islander 41 $15,985,000 $389,878 $3,787 3.10%
    Other Asian 44 $15,810,000 $359,318 $1,632 2.85%
    Vietnamese 26 $9,360,000 $360,000 $2,091 3.01%
    Korean 22 $8,310,000 $377,727 $2,252 2.83%
    Other Pacific Islander 7 $2,305,000 $329,286 $2,889 3.14%
    Japanese 3 $1,105,000 $368,333 $2,564 2.75%
    Native Hawaiian 1 $575,000 $575,000 $0 3.25%
    Samoan 1 $365,000 $365,000 $0 3.25%

    Approval Rates

    Total approvals of all applications
    92.99%

    Pulte Mortgage has an average approval rate.

    Pick Rate

    Approvals leading to origination
    85.14%

    Pulte Mortgage has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 21,164 $7,432,050,000 $351,165

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    21,164 $7,432,050,000 $351,165

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1,041 $161,045,000 $154,702 $1,168 2.88%
    40-60% 1,632 $440,520,000 $269,926 $1,541 2.91%
    60-80% 5,571 $2,074,825,000 $372,433 $1,885 3.02%
    80-100% 12,025 $4,531,445,000 $376,835 $2,668 3.05%
    Over 100% 534 $205,690,000 $385,187 $12,117 2.87%
    Under 20% 361 $18,525,000 $51,316 $474 1.88%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    PLATINUM HOME MORTGAGE CORPORATION Conventional home mortgage Trouble during payment process 4 80.0%
    PLATINUM HOME MORTGAGE CORPORATION FHA mortgage Trouble during payment process 1 20.0%