Total Media Management Mortgage Rates, Fees & Info

OWENS CROSS ROADS, AL

LEI: 549300516L2LO1P5XX92

Tax ID: 26-2514970

5 stars - out of 5 stars, based on 14 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Total Media Management is a smaller mortgage company specializing in Cash Out Refi, Home Purchase, and Refi loans. Total Media Management has a high proportion of conventional loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) Their top markets include Huntsville, Orlando, Decatur, Nashville, and Birmingham among others. Total Media Management 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. Total Media Management is typically an average fee lendor.


Originations

195

Origination Dollar Volume (All Markets)

$47,055,000

Awards

Total Media Management  FHA Loans bronze
Show all (1) awards

Relative Rate

Total Media Management 's average 30 year fixed rate mortgage of loans were 3%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.15%.

Relative Fees

Total Media Management 's average total fees for a 30 year fixed rate mortgage are $5,010.

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
HUNTSVILLE, AL (FHA|USDA|VA) 78 $19,800,000 $253,846 $4,637 2.84%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 24 $6,160,000 $256,667 $5,725 3.12%
DECATUR, AL (FHA|USDA|VA) 22 $5,080,000 $230,909 $4,149 3.12%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 8 $2,130,000 $266,250 $5,906 2.78%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 7 $1,875,000 $267,857 $5,084 2.80%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 9 $1,835,000 $203,889 $4,045 3.08%
Outside of Metro Areas 5 $1,175,000 $235,000 $3,325 3.03%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 5 $1,165,000 $233,000 $8,977 2.65%
Cullman, AL (FHA|USDA|VA) 5 $1,065,000 $213,000 $4,260 2.93%
Scottsboro, AL (FHA|USDA|VA) 3 $685,000 $228,333 $5,554 2.61%
Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $610,000 $305,000 $2,451 2.38%
Albertville, AL (FHA|USDA|VA) 3 $585,000 $195,000 $4,135 3.21%
Fort Payne, AL (FHA|USDA|VA) 3 $485,000 $161,667 $3,946 3.25%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $455,000 $455,000 $3,046 2.50%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $445,000 $445,000 $10,382 3.25%
GADSDEN, AL (FHA|USDA|VA) 2 $350,000 $175,000 $4,583 2.99%
JACKSON, TN (FHA|USDA|VA) 1 $345,000 $345,000 $3,362 2.88%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $310,000 $155,000 $3,438 2.88%
DALTON, GA (FHA|USDA|VA) 2 $300,000 $150,000 $4,153 2.50%
OCALA, FL (FHA|USDA|VA) 1 $265,000 $265,000 $8,671 2.63%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $235,000 $235,000 $5,554 2.88%
Starkville, MS (FHA|USDA|VA) 1 $215,000 $215,000 $3,097 3.13%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $205,000 $205,000 $3,401 2.88%
THE VILLAGES, FL (FHA|USDA|VA) 1 $205,000 $205,000 $5,102 2.88%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $185,000 $185,000 $3,199 2.75%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $165,000 $165,000 $6,347 3.50%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $165,000 $165,000 $1,805 3.25%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $145,000 $145,000 $4,844 3.00%
Hope, AR (FHA|USDA|VA) 1 $145,000 $145,000 $2,372 3.50%
FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $145,000 $145,000 $4,490 3.25%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $125,000 $125,000 $3,015 3.13%

Total Media Management 's top markets include Huntsville, Orlando, Decatur, Nashville, and Birmingham among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 141 $32,635,000 $231,454 $4,240 3.03%
VA 43 $12,275,000 $285,465 $6,034 2.62%
FHA 11 $2,145,000 $195,000 $6,723 2.80%

For the 2021 period, Total Media Management 's most frequently originated loan type of loans were Conventional, with 141 originations. Their 2nd most popular type is VA, with 43 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Cash Out Refi 97 $22,825,000 $235,309 $5,274 3.01%
Home Purchase 45 $11,945,000 $265,444 $4,934 2.99%
Refi 43 $9,835,000 $228,721 $3,641 2.68%
Home Improvement 10 $2,450,000 $245,000 $4,106 3.01%

For the 2021, Total Media Management 's most frequently cited loan purpose of loans were Cash Out Refi, with 97 originations. The 2nd most popular reason of loans were Home Purchase, with 45 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 149 $37,065,000 $248,758 $5,010 3.00%
15 Year 35 $7,645,000 $218,429 $3,973 2.64%
20 Year 10 $2,020,000 $202,000 $4,216 2.90%
Other 1 $325,000 $325,000 $3,472 2.63%

For the 2021, Total Media Management 's most frequently cited loan length of loans were 30 Year, with 149 originations. The 2nd most popular length of loans were 15 Year, with 35 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 87 $20,855,000 $239,713
3-4% 61 $13,935,000 $228,443
<2.5% 42 $11,580,000 $275,714
4-5% 5 $685,000 $137,000

During 2021, Total Media Management 's average interest rate of loans were 3.00%, while their most frequently originated rate bucket of loans were 2.5-3%, with 87 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 95 $26,565,000 $279,632 $5,380 2.83%
$100k-200k 83 $12,765,000 $153,795 $3,777 3.06%
$400k-600k 16 $7,630,000 $476,875 $6,461 2.80%
$100,000 or less 1 $95,000 $95,000 $3,251 3.50%

2021 saw Total Media Management place emphasis on $200k-400k loans with 95 originations, totaling $26,565,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 53 $14,455,000 $272,736 $4,917 2.85%
$50k-75k 50 $9,970,000 $199,400 $4,970 3.02%
$150k-250k 31 $9,295,000 $299,839 $5,519 2.82%
$75k-100k 31 $6,295,000 $203,065 $4,393 3.03%
$50k or less 21 $3,475,000 $165,476 $4,140 3.05%
$250k+ 8 $3,390,000 $423,750 $3,380 2.70%

Total Media Management lent most frequently to those with incomes in the $100k-150k range, with 53 originations. The second most popular income band? $50k-75k, with 50 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 48 $11,290,000 $235,208 $4,666 2.87%
30-36% 43 $10,445,000 $242,907 $5,455 2.98%
<20% 29 $7,355,000 $253,621 $3,600 2.81%
43% 11 $2,775,000 $252,273 $5,286 3.05%
36% 11 $2,535,000 $230,455 $4,298 2.86%
38% 7 $1,625,000 $232,143 $5,886 2.98%
40% 7 $2,225,000 $317,857 $5,421 3.12%
41% 6 $1,470,000 $245,000 $4,783 3.13%
44% 6 $1,390,000 $231,667 $4,621 3.06%
50-60% 5 $1,005,000 $201,000 $4,463 2.85%
39% 4 $620,000 $155,000 $4,609 3.06%
45% 4 $1,060,000 $265,000 $6,170 2.75%
42% 3 $585,000 $195,000 $4,437 3.46%
46% 2 $370,000 $185,000 $5,813 3.25%
47% 2 $360,000 $180,000 $6,119 3.25%
37% 2 $620,000 $310,000 $4,594 2.81%
Exempt% 2 $600,000 $300,000 $1,403 2.31%
48% 1 $265,000 $265,000 $8,671 2.63%

Total Media Management lent most frequently to those with DTI ratios of 20-30%, with 48 originations. The next most common DTI ratio? 30-36%, with 43 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 179 $43,205,000 $241,369 $4,657 2.94%
Not provided 8 $2,110,000 $263,750 $7,013 2.91%
Black 4 $960,000 $240,000 $4,768 2.50%
Asian 3 $665,000 $221,667 $6,168 2.88%
American Indian 1 $115,000 $115,000 $4,006 3.63%

Approval Rates

Total approvals of all applications
87.27%

Total Media Management has an average approval rate.

Pick Rate

Approvals leading to origination
81.98%

Total Media Management has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 195 $47,055,000 $241,308

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
195 $47,055,000 $241,308

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 6 $890,000 $148,333 $3,318 2.73%
40-60% 34 $8,010,000 $235,588 $4,401 2.82%
60-80% 108 $25,640,000 $237,407 $4,811 2.97%
80-100% 45 $11,855,000 $263,444 $4,853 2.95%
Over 100% 2 $660,000 $330,000 $11,880 2.75%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
TOTAL MORTGAGE SERVICES LLC Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
TOTAL MORTGAGE SERVICES LLC Conventional home mortgage Trouble during payment process 1 50.0%