Total Media Management Mortgage Rates, Fees & Info

OWENS CROSS ROADS, AL

LEI: 549300516L2LO1P5XX92

Tax ID: 26-2514970

3.2 stars - Updated: 10/13/24 - out of 5 stars, based on 5 reviews

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

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Mortgage Data

Review & Overview

Total Media Management is a smaller mortgage company specializing in Home Purchase loans. Total Media Management has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets by origination volume include: Orlando, Deltona, Huntsville, Savannah, and Cookeville among others. We have data for 15 markets. (Some data included below & more in-depth data is available with an active subscription.)

Total Media Management 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. Total Media Management is typically a high 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 relatively high 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 6.52% 10/13/24
30 Year Conventional Refi 6.83% 10/13/24
30 Year Cash-out Refi 6.76% 10/13/24
30 Year FHA Purchase 7.34% 10/13/24
30 Year FHA Refi 7.77% 10/13/24
30 Year VA Purchase 5.87% 10/13/24
30 Year VA Refi 6.27% 10/13/24
15 Year Conventional Purchase 6.65% 10/13/24
15 Year Conventional Refi 5.68% 10/13/24
15 Year Cash-out Refi 5.68% 10/13/24
15 Year VA Refi 5.68% 10/13/24
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.

Total Media Management Mortgage Calculator






Your Estimates

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

This is not an official calculator from Total Media Management. 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

25

Origination Dollar Volume (All Markets)

$7,605,000

Relative Rate

Total Media Management's average 30 year fixed mortgage rate was 6.66%.

The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.

This yields a difference of 0.18%.

Relative Fees (Closing Costs)

Total Media Management's average total fees/closing costs for a 30 year fixed rate mortgage were $10,334.

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 $9,089.

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
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 5 $1,725,000 $345,000 $10,167 6.48%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $820,000 $410,000 $13,093 6.44%
HUNTSVILLE, AL (FHA|USDA|VA) 2 $710,000 $355,000 $14,308 6.31%
SAVANNAH, GA (FHA|USDA|VA) 2 $600,000 $300,000 $10,326 7.56%
Outside of Metro Areas 2 $530,000 $265,000 $10,345 6.63%
Cookeville, TN (FHA|USDA|VA) 2 $520,000 $260,000 $9,849 6.56%
Scottsboro, AL (FHA|USDA|VA) 2 $490,000 $245,000 $6,507 6.13%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 1 $485,000 $485,000 $18,455 6.75%
Cullowhee, NC (FHA|USDA|VA) 1 $345,000 $345,000 $835 7.99%
Albertville, AL (FHA|USDA|VA) 1 $325,000 $325,000 $4,768 6.25%
Fort Payne, AL (FHA|USDA|VA) 1 $315,000 $315,000 $13,236 7.25%
OCALA, FL (FHA|USDA|VA) 1 $225,000 $225,000 $13,757 5.99%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $225,000 $225,000 $12,168 7.38%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $155,000 $155,000 $7,077 7.50%
TUSCALOOSA, AL (FHA|USDA|VA) 1 $135,000 $135,000 $4,631 6.13%
Total Media Management's top markets include Orlando, Deltona, Huntsville, Savannah, and Cookeville among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 11 $3,315,000 $301,364 $8,083 6.84%
    FHA 7 $2,035,000 $290,714 $12,063 6.64%
    VA 7 $2,255,000 $322,143 $11,609 6.45%

    For 2023, Total Media Management's most frequently originated type of loan was Conventional, with 11 originations. Their 2nd most popular type was FHA, with 7 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 18 $5,860,000 $325,556 $10,249 6.74%
    Cash Out Refi 6 $1,510,000 $251,667 $10,606 6.54%
    Refi 1 $235,000 $235,000 $6,511 6.38%

    For 2023, Total Media Management's most frequently cited loan purpose was Home Purchase, with 18 originations. The 2nd most popular reason was Cash Out Refi, with 6 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 23 $7,055,000 $306,739 $10,334 6.66%
    15 Year 1 $325,000 $325,000 $4,768 6.25%
    20 Year 1 $225,000 $225,000 $12,168 7.38%

    For 2023, Total Media Management's most frequently cited loan duration was 30 Year, with 23 originations. The 2nd most popular length was 15 Year, with 1 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 9 $3,395,000 $377,222
    $4k-5k 7 $1,845,000 $263,571
    $3k-4k 3 $715,000 $238,333
    $<1k 2 $820,000 $410,000
    $1k-2k 2 $290,000 $145,000
    $2k-3k 2 $540,000 $270,000

    Total Media Management's average total fees were $10,334, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 9 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 11 $3,545,000 $322,273
    7-8% 9 $2,815,000 $312,778
    5-6% 5 $1,245,000 $249,000

    During 2023, Total Media Management's average interest rate for loans was 6.66%, while their most frequently originated rate bucket for loans was 6-7%, with 11 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 17 $4,825,000 $283,824 $9,313 6.45%
    $400k-600k 5 $2,345,000 $469,000 $15,647 7.10%
    $100k-200k 3 $435,000 $145,000 $6,023 7.21%

    2023 saw Total Media Management place emphasis on $200k-400k loans with 17 originations, totaling $4,825,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $150k-250k 8 $2,980,000 $372,500 $10,454 7.01%
    $100k-150k 5 $1,345,000 $269,000 $10,742 6.27%
    $75k-100k 5 $1,275,000 $255,000 $8,862 6.98%
    $250k+ 3 $955,000 $318,333 $10,862 6.79%
    $50k-75k 3 $915,000 $305,000 $11,919 6.00%
    $50k or less 1 $135,000 $135,000 $4,631 6.13%

    Total Media Management lent most frequently to those with incomes in the $150k-250k range, with 8 originations. The second most popular income band? $100k-150k, with 5 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 4 $1,390,000 $347,500 $11,721 7.00%
    30-36% 3 $985,000 $328,333 $12,805 6.88%
    <20% 3 $875,000 $291,667 $4,127 6.71%
    46% 3 $655,000 $218,333 $6,663 6.96%
    50-60% 3 $1,055,000 $351,667 $12,991 5.96%
    44% 2 $680,000 $340,000 $11,341 6.63%
    47% 2 $540,000 $270,000 $9,447 5.94%
    42% 2 $630,000 $315,000 $11,453 7.56%
    43% 1 $315,000 $315,000 $13,236 7.25%
    45% 1 $255,000 $255,000 $6,504 5.88%
    40% 1 $225,000 $225,000 $13,757 5.99%

    Total Media Management lent most frequently to those with DTI ratios of 20-30%, with 4 originations. The next most common DTI ratio? 30-36%, with 3 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 21 $6,545,000 $311,667 $10,226 6.69%
    Not provided 2 $700,000 $350,000 $11,540 6.44%
    Black 2 $360,000 $180,000 $8,399 6.75%

    Approval Rates

    Total approvals of all applications
    93.10%

    Total Media Management has an average approval rate.

    Pick Rate

    Approvals leading to origination
    -12.00%

    Total Media Management 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 25 $7,605,000 $304,200

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    25 $7,605,000 $304,200

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 1 $435,000 $435,000 $10,774 6.63%
    40-60% 4 $1,230,000 $307,500 $9,407 6.66%
    60-80% 8 $2,070,000 $258,750 $10,149 6.64%
    80-100% 10 $3,080,000 $308,000 $9,597 6.56%
    Over 100% 2 $790,000 $395,000 $14,533 7.44%