Pulte Mortgage Rates, Fees & Info

WILMINGTON, DE

LEI: 5493004WMLN60ZJ2ON46

Tax ID: 42-1554181

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Mortgage Data

Review & Overview

Pulte Mortgage is a mid-sized mortgage company specializing in Home Purchase 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, Austin, Las Vegas, and Atlanta 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 6.02% 3/28/24
30 Year Conventional Refi 6.26% 3/28/24
30 Year Cash-out Refi 6.23% 3/28/24
30 Year FHA Purchase 6.84% 3/28/24
30 Year VA Purchase 5.71% 3/28/24
30 Year USDA Purchase 5.96% 3/28/24
15 Year Conventional Purchase 5.42% 3/28/24
15 Year Conventional Refi 5.72% 3/28/24
15 Year Cash-out Refi 5.72% 3/28/24
15 Year VA Purchase 5.62% 3/28/24
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.

Pulte Mortgage Mortgage Calculator






Your Estimates

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

This is not an official calculator from Pulte Mortgage. 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

15,722

Origination Dollar Volume (All Markets)

$4,950,650,000
Show all (109) 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
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1,123 $343,755,000 $306,104 $1,741 4.08%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 955 $259,675,000 $271,911 $3,640 3.99%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 923 $239,455,000 $259,431 $2,650 4.03%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 590 $226,450,000 $383,814 $1,806 4.03%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 619 $195,555,000 $315,921 $1,753 4.06%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 723 $182,445,000 $252,344 $3,519 4.08%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 730 $162,940,000 $223,205 $2,833 4.11%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 467 $157,415,000 $337,077 $1,741 3.89%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 498 $152,070,000 $305,361 $2,572 4.10%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 518 $149,630,000 $288,861 $1,624 4.02%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 391 $141,775,000 $362,596 $1,735 3.88%
RALEIGH-CARY, NC (FHA|USDA|VA) 432 $133,870,000 $309,884 $1,155 3.87%
COLUMBUS, OH (FHA|USDA|VA) 476 $133,670,000 $280,819 $2,386 3.99%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 376 $132,590,000 $352,633 $2,127 3.86%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 400 $131,870,000 $329,675 $1,959 4.09%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 340 $131,750,000 $387,500 $2,281 3.92%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 455 $123,855,000 $272,209 $2,201 4.04%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 191 $121,315,000 $635,157 $657 3.78%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 340 $119,040,000 $350,118 $2,213 4.11%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 305 $114,085,000 $374,049 $3,888 3.96%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 207 $109,315,000 $528,092 $2,540 3.85%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 386 $108,230,000 $280,389 $2,507 4.06%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 289 $107,245,000 $371,090 $1,735 3.95%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 319 $99,995,000 $313,464 $2,310 4.06%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 151 $97,805,000 $647,715 $2,140 3.73%
ALBUQUERQUE, NM (FHA|USDA|VA) 300 $91,790,000 $305,967 $1,969 4.06%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 237 $74,085,000 $312,595 $2,196 4.10%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 169 $70,735,000 $418,550 $2,383 3.78%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 155 $64,615,000 $416,871 $1,874 3.97%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 192 $63,610,000 $331,302 $2,505 4.02%
TUCSON, AZ (FHA|USDA|VA) 212 $62,320,000 $293,962 $1,494 4.01%
JACKSONVILLE, FL (FHA|USDA|VA) 231 $58,755,000 $254,351 $2,716 4.12%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 216 $57,750,000 $267,361 $2,334 4.13%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 177 $45,945,000 $259,576 $1,539 4.17%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 154 $44,500,000 $288,961 $970 3.94%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 90 $39,440,000 $438,222 $4,399 4.05%
AKRON, OH (FHA|USDA|VA) 105 $38,245,000 $364,238 $2,511 3.82%
LOUISVILLE, KY (FHA|USDA|VA) 149 $38,145,000 $256,007 $2,373 4.24%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 118 $35,320,000 $299,322 $2,657 3.88%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 60 $31,190,000 $519,833 $2,185 3.75%
PORT ST. LUCIE, FL (FHA|USDA|VA) 119 $30,845,000 $259,202 $1,535 4.24%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 150 $30,770,000 $205,133 $2,395 4.33%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 84 $29,640,000 $352,857 $2,022 4.03%
ANN ARBOR, MI (FHA|USDA|VA) 79 $27,465,000 $347,658 $2,145 3.98%
GAINESVILLE, GA (FHA|USDA|VA) 83 $24,455,000 $294,639 $1,650 4.07%
SANTA FE, NM (FHA|USDA|VA) 65 $23,465,000 $361,000 $1,368 4.07%
OCALA, FL (FHA|USDA|VA) 99 $19,755,000 $199,545 $1,933 4.09%
PUNTA GORDA, FL (FHA|USDA|VA) 54 $13,290,000 $246,111 $2,847 4.21%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 30 $9,940,000 $331,333 $1,629 3.78%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 44 $9,700,000 $220,455 $1,961 3.97%
WILMINGTON, NC (FHA|USDA|VA) 37 $8,445,000 $228,243 $836 4.17%
Outside of Metro Areas 33 $7,895,000 $239,242 $1,556 4.13%
SALISBURY, MD-DE (FHA|USDA|VA) 17 $5,825,000 $342,647 $2,027 4.19%
FRESNO, CA (FHA|USDA|VA) 19 $5,415,000 $285,000 $2,295 4.78%
SAVANNAH, GA (FHA|USDA|VA) 10 $3,510,000 $351,000 $2,458 3.92%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 9 $2,445,000 $271,667 $2,911 4.34%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 9 $2,335,000 $259,444 $1,991 3.81%
FLINT, MI (FHA|USDA|VA) 7 $1,565,000 $223,571 $1,088 4.62%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $625,000 $625,000 $65 3.75%
COLORADO SPRINGS, CO (FHA|USDA|VA) 1 $485,000 $485,000 $1,953 2.75%
Kill Devil Hills, NC (FHA|USDA|VA) 1 $195,000 $195,000 $232 3.88%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $175,000 $175,000 $5,480 4.38%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $165,000 $165,000 $680 5.38%
Pulte Mortgage's top markets include Phoenix, Dallas, Austin, Las Vegas, and Atlanta among others.

Their top states include:
  • Texas (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • 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.

    Northern Bank & Trust Company
    Similarity Rank: 64
    SOUTHBRIDGE CREDIT UNION
    Similarity Rank: 80
    DEL-ONE FEDERAL CREDIT UNION
    Similarity Rank: 84
    Bristol County Savings Bank
    Similarity Rank: 96
    Middlesex Savings Bank
    Similarity Rank: 145
    Cambridge Savings Bank
    Similarity Rank: 160
    LEOMINSTER CREDIT UNION
    Similarity Rank: 180
    AAXY L.L.C.
    Similarity Rank: 192
    PIMA Federal Credit Union
    Similarity Rank: 208

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 12,515 $3,980,745,000 $318,078 $1,474 4.01%
    VA 1,605 $538,895,000 $335,760 $5,187 3.89%
    FHA 1,548 $419,430,000 $270,950 $5,723 4.27%
    USDA 54 $11,580,000 $214,444 $3,263 4.21%

    For 2019, Pulte Mortgage's most frequently originated type of loan was Conventional, with 12,515 originations. Their 2nd most popular type was VA, with 1,605 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 15,673 $4,936,045,000 $314,939 $2,280 4.02%
    Refi 31 $9,535,000 $307,581 $825 3.73%
    Cash Out Refi 18 $5,070,000 $281,667 $2,558 4.10%

    For 2019, Pulte Mortgage's most frequently cited loan purpose was Home Purchase, with 15,673 originations. The 2nd most popular reason was Refi, with 31 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 14,385 $4,618,655,000 $321,074 $2,360 4.07%
    15 Year 1,134 $288,420,000 $254,339 $1,380 3.55%
    20 Year 123 $33,395,000 $271,504 $1,716 3.93%
    10 Year 52 $6,900,000 $132,692 $920 3.29%
    Other 21 $3,215,000 $153,095 $1,446 2.24%
    3 Year 6 $50,000 $8,333 $2 0.00%
    5 Year 1 $15,000 $15,000 $0 0.00%

    For 2019, Pulte Mortgage's most frequently cited loan duration was 30 Year, with 14,385 originations. The 2nd most popular length was 15 Year, with 1,134 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 13,902 $4,341,350,000 $312,282
    $1k-2k 958 $307,430,000 $320,908
    $2k-3k 342 $110,760,000 $323,860
    $3k-4k 213 $73,235,000 $343,826
    $5k+ 190 $80,240,000 $422,316
    $4k-5k 105 $37,485,000 $357,000

    Pulte Mortgage's average total fees were $2,360, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 13,902 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 8,924 $2,882,070,000 $322,957
    4-5% 6,130 $1,869,180,000 $304,923
    5-6% 371 $110,265,000 $297,210
    2.5-3% 251 $86,725,000 $345,518
    <2.5% 43 $995,000 $23,140
    6-7% 3 $1,415,000 $471,667

    During 2019, Pulte Mortgage's average interest rate for loans was 4.07%, while their most frequently originated rate bucket for loans was 3-4%, with 8,924 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 9,811 $2,857,005,000 $291,204 $2,431 4.06%
    $400k-600k 2,799 $1,300,975,000 $464,800 $2,511 3.96%
    $100k-200k 2,110 $341,490,000 $161,844 $1,507 4.07%
    $600k-1MM 558 $396,030,000 $709,731 $2,469 3.85%
    $100,000 or less 420 $26,740,000 $63,667 $643 3.49%
    $1MM+ 24 $28,410,000 $1,183,750 $3,498 3.88%

    2019 saw Pulte Mortgage place emphasis on $200k-400k loans with 9,811 originations, totaling $2,857,005,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 4,976 $1,642,130,000 $330,010 $2,323 4.02%
    $150k-250k 3,184 $1,249,080,000 $392,299 $2,191 3.99%
    $75k-100k 3,133 $872,725,000 $278,559 $2,493 4.05%
    $50k-75k 2,759 $628,045,000 $227,635 $2,333 4.05%
    $250k+ 941 $430,155,000 $457,125 $2,118 3.94%
    $50k or less 698 $118,230,000 $169,384 $1,416 4.03%

    Pulte Mortgage lent most frequently to those with incomes in the $100k-150k range, with 4,976 originations. The second most popular income band? $150k-250k, with 3,184 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 2,815 $888,375,000 $315,586 $1,696 3.93%
    30-36% 2,705 $882,505,000 $326,250 $1,977 3.98%
    50-60% 1,089 $323,805,000 $297,342 $5,331 4.12%
    49% 803 $248,045,000 $308,898 $2,111 4.14%
    <20% 797 $206,755,000 $259,417 $1,383 3.80%
    42% 615 $206,325,000 $335,488 $2,180 4.07%
    44% 610 $191,220,000 $313,475 $2,218 4.10%
    39% 608 $200,060,000 $329,046 $2,084 4.04%
    45% 591 $184,495,000 $312,174 $2,281 4.09%
    48% 583 $181,005,000 $310,472 $2,290 4.12%
    38% 582 $198,140,000 $340,447 $2,240 4.01%
    43% 575 $180,605,000 $314,096 $2,259 4.04%
    41% 560 $179,730,000 $320,946 $2,120 4.05%
    40% 556 $175,260,000 $315,216 $2,159 4.08%
    46% 547 $164,195,000 $300,174 $2,475 4.07%
    47% 543 $166,385,000 $306,418 $2,358 4.13%
    37% 536 $172,080,000 $321,045 $2,231 4.05%
    36% 498 $165,940,000 $333,213 $2,135 4.04%
    >60% 109 $35,725,000 $327,752 $5,140 3.91%

    Pulte Mortgage lent most frequently to those with DTI ratios of 20-30%, with 2,815 originations. The next most common DTI ratio? 30-36%, with 2,705 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 10,653 $3,166,865,000 $297,274 $2,244 4.05%
    Asian 2,334 $912,180,000 $390,823 $1,794 3.86%
    Black 1,209 $375,735,000 $310,782 $3,349 4.08%
    Not provided 1,157 $369,575,000 $319,425 $2,516 4.05%
    Asian Indian 135 $52,115,000 $386,037 $1,567 3.84%
    American Indian 114 $34,860,000 $305,789 $2,811 4.03%
    Native Hawaiian or Islander 30 $9,470,000 $315,667 $2,328 4.15%
    Other Asian 21 $7,365,000 $350,714 $1,626 3.98%
    Filipino 17 $6,435,000 $378,529 $2,213 4.09%
    Chinese 18 $6,360,000 $353,333 $1,147 3.85%
    Other Pacific Islander 13 $3,665,000 $281,923 $1,703 3.87%
    Vietnamese 12 $3,460,000 $288,333 $1,957 4.00%
    Korean 5 $1,625,000 $325,000 $986 3.95%
    Japanese 2 $510,000 $255,000 $3,877 4.19%
    Guamanian 2 $430,000 $215,000 $4,806 3.69%

    Approval Rates

    Total approvals of all applications
    91.76%

    Pulte Mortgage has an average approval rate.

    Pick Rate

    Approvals leading to origination
    78.39%

    Pulte Mortgage has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 15,722 $4,950,650,000 $314,887

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Site-Built 15,722 $4,950,650,000 $314,887

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 802 $111,530,000 $139,065 $929 3.84%
    40-60% 1,350 $312,440,000 $231,437 $1,319 3.90%
    60-80% 4,133 $1,401,095,000 $339,002 $1,650 4.00%
    80-100% 8,779 $2,965,995,000 $337,851 $2,498 4.09%
    Over 100% 428 $146,190,000 $341,565 $10,272 3.95%
    Under 20% 230 $13,400,000 $58,261 $523 3.13%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    PLATINUM HOME MORTGAGE CORPORATION Conventional home mortgage Struggling to pay mortgage 1 50.0%
    PLATINUM HOME MORTGAGE CORPORATION Conventional home mortgage Trouble during payment process 1 50.0%