Country Club Mortgage Rates, Fees & Info

VISALIA, CA

LEI: 54930057OO0P1ZMTQX63

Tax ID: 52-2354562

2.6 stars - Updated: 9/25/23 - out of 5 stars, based on 40 reviews

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

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  • SimulatedRates™
  • Mortgage Calculator

    • Mortgage Data

  • Originations
  • Relative Rates
  • Relative Fees
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Country Club Mortgage is a smaller mortgage company specializing in Home Purchase loans. Country Club 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: Visalia, Fresno, Hanford, Bakersfield, and San Luis Obispo among others. We have data for 20 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Country Club 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. Country Club Mortgage 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 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.

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    SimulatedRates™

    Mortgage Type     		Simulated Rate Simulation Date
    30 Year Conventional Purchase 6.02% 9/25/23
    30 Year Conventional Refi 6.80% 9/25/23
    30 Year Cash-out Refi 6.93% 9/25/23
    30 Year FHA Purchase 7.45% 9/25/23
    30 Year FHA Refi 8.29% 9/25/23
    30 Year VA Purchase 6.24% 9/25/23
    30 Year VA Refi 5.68% 9/25/23
    30 Year USDA Purchase 6.52% 9/25/23
    15 Year Conventional Purchase 6.44% 9/25/23
    15 Year Conventional Refi 6.60% 9/25/23
    15 Year Cash-out Refi 6.60% 9/25/23
    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.

    Country Club Mortgage Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Country Club 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

    1,639

    Origination Dollar Volume (All Markets)

    $489,885,000

    Awards

    COUNTRY CLUB MORTGAGE USDA Loans gold COUNTRY CLUB MORTGAGE USDA Loans silver
    Show all (2) awards

    Relative Rate

    Country Club Mortgage's average 30 year fixed mortgage rate was 4.69%.

    The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.

    This yields a difference of -0.07%.

    Relative Fees (Closing Costs)

    Country Club Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $9,135.

    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
    VISALIA, CA (FHA|USDA|VA) 861 $244,365,000 $283,815 $8,623 4.59%
    FRESNO, CA (FHA|USDA|VA) 423 $123,795,000 $292,660 $8,635 4.71%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 229 $68,885,000 $300,808 $10,496 4.61%
    BAKERSFIELD, CA (FHA|USDA|VA) 63 $19,115,000 $303,413 $9,036 5.08%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 21 $15,175,000 $722,619 $15,022 5.00%
    MADERA, CA (FHA|USDA|VA) 19 $7,905,000 $416,053 $9,065 5.05%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 3 $1,585,000 $528,333 $6,682 4.13%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 3 $1,365,000 $455,000 $5,773 4.42%
    Outside of Metro Areas 1 $1,225,000 $1,225,000 $12,026 4.50%
    MERCED, CA (FHA|USDA|VA) 3 $1,085,000 $361,667 $11,625 4.71%
    MODESTO, CA (FHA|USDA|VA) 2 $890,000 $445,000 $5,903 5.13%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $740,000 $370,000 $3,615 4.00%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 1 $645,000 $645,000 $18,572 5.13%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $620,000 $310,000 $7,935 5.31%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $615,000 $615,000 $8,181 6.13%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $565,000 $565,000 $4,546 3.50%
    SALINAS, CA (FHA|USDA|VA) 1 $355,000 $355,000 $7,582 5.50%
    Eureka-Arcata, CA (FHA|USDA|VA) 1 $355,000 $355,000 $9,797 5.63%
    REDDING, CA (FHA|USDA|VA) 1 $335,000 $335,000 $6,790 5.50%
    YUBA CITY, CA (FHA|USDA|VA) 1 $265,000 $265,000 $11,128 5.75%
    Country Club Mortgage's top markets include Visalia, Fresno, Hanford, Bakersfield, and San Luis Obispo among others.

    Their top states include:
  • California (FHA|USDA|VA)

    • Similar Lenders

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

    FAMILIES AND SCHOOLS TOGETHER FEDERAL CREDIT UNION
    Similarity Rank: 200
    STRATA Credit Union
    Similarity Rank: 390
    AltaOne Federal Credit Union
    Similarity Rank: 518
    SAFE 1 CREDIT UNION
    Similarity Rank: 621
    LONG BEACH CITY EMPLOYEES Federal Credit Union
    Similarity Rank: 660
    First City Credit Union
    Similarity Rank: 684
    Los Angeles Federal Credit Union
    Similarity Rank: 984
    SESLOC
    Similarity Rank: 994
    COASTHILLS
    Similarity Rank: 1020
    Christian Community Credit Union
    Similarity Rank: 1062

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,054 $295,600,000 $280,455 $7,010 4.49%
    FHA 452 $143,020,000 $316,416 $12,762 5.00%
    VA 122 $48,220,000 $395,246 $9,925 4.85%
    USDA 11 $3,045,000 $276,818 $9,199 4.17%

    For 2022, Country Club Mortgage's most frequently originated type of loan was Conventional, with 1,054 originations. Their 2nd most popular type was FHA, with 452 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,387 $425,835,000 $307,019 $9,594 4.69%
    Home Improvement 88 $21,640,000 $245,909 $6,150 4.43%
    Refi 83 $21,335,000 $257,048 $5,690 4.25%
    Cash Out Refi 81 $21,075,000 $260,185 $6,069 4.77%

    For 2022, Country Club Mortgage's most frequently cited loan purpose was Home Purchase, with 1,387 originations. The 2nd most popular reason was Home Improvement, with 88 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,587 $479,185,000 $301,944 $9,135 4.69%
    15 Year 43 $8,795,000 $204,535 $4,881 3.59%
    20 Year 8 $1,700,000 $212,500 $4,796 3.97%
    Other 1 $205,000 $205,000 $4,329 4.75%

    For 2022, Country Club Mortgage's most frequently cited loan duration was 30 Year, with 1,587 originations. The 2nd most popular length was 15 Year, with 43 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 560 $207,280,000 $370,143
    $1k-2k 402 $130,150,000 $323,756
    $4k-5k 200 $59,280,000 $296,400
    $<1k 181 $16,815,000 $92,901
    $3k-4k 167 $43,055,000 $257,814
    $2k-3k 129 $33,305,000 $258,178

    Country Club Mortgage's average total fees were $9,135, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 560 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 474 $157,270,000 $331,793
    3-4% 344 $105,820,000 $307,616
    4-5% 338 $112,230,000 $332,041
    6-7% 247 $84,825,000 $343,421
    <2.5% 148 $3,150,000 $21,284
    7-8% 62 $20,760,000 $334,839
    2.5-3% 25 $5,615,000 $224,600
    Over 8% 1 $215,000 $215,000

    During 2022, Country Club Mortgage's average interest rate for loans was 4.69%, while their most frequently originated rate bucket for loans was 5-6%, with 474 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 975 $295,695,000 $303,277 $9,282 5.07%
    $400k-600k 272 $124,680,000 $458,382 $9,769 5.14%
    $100k-200k 182 $28,970,000 $159,176 $5,658 4.76%
    $100,000 or less 159 $2,855,000 $17,956 $3,715 1.03%
    $600k-1MM 46 $30,790,000 $669,348 $11,773 5.20%
    $1MM+ 5 $6,895,000 $1,379,000 $27,358 5.13%

    2022 saw Country Club Mortgage place emphasis on $200k-400k loans with 975 originations, totaling $295,695,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $75k-100k 420 $120,820,000 $287,667 $9,468 4.54%
    $50k-75k 400 $98,090,000 $245,225 $8,647 4.42%
    $100k-150k 394 $130,230,000 $330,533 $9,867 4.82%
    $150k-250k 198 $80,480,000 $406,465 $8,789 5.16%
    $50k or less 151 $25,465,000 $168,642 $6,187 4.20%
    $250k+ 71 $32,785,000 $461,761 $9,978 5.37%

    Country Club Mortgage lent most frequently to those with incomes in the $75k-100k range, with 420 originations. The second most popular income band? $50k-75k, with 400 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 228 $66,960,000 $293,684 $8,001 4.58%
    50-60% 174 $60,220,000 $346,092 $12,094 5.04%
    20-30% 146 $47,640,000 $326,301 $7,937 4.74%
    44% 125 $32,915,000 $263,320 $9,271 4.26%
    43% 113 $28,525,000 $252,434 $9,603 4.13%
    49% 91 $27,795,000 $305,440 $8,673 5.17%
    42% 91 $22,365,000 $245,769 $9,623 4.01%
    48% 83 $27,765,000 $334,518 $9,982 5.05%
    41% 75 $23,605,000 $314,733 $8,474 4.54%
    45% 70 $21,140,000 $302,000 $8,373 4.95%
    39% 66 $18,150,000 $275,000 $8,352 4.49%
    38% 66 $19,520,000 $295,758 $9,643 4.56%
    46% 60 $19,010,000 $316,833 $8,825 4.98%
    40% 56 $19,210,000 $343,036 $8,459 5.29%
    47% 55 $17,125,000 $311,364 $8,540 5.00%
    37% 52 $14,510,000 $279,038 $7,110 4.63%
    36% 50 $12,700,000 $254,000 $7,578 4.09%
    <20% 27 $6,445,000 $238,704 $6,095 4.28%
    >60% 10 $4,010,000 $401,000 $9,215 5.04%

    Country Club Mortgage lent most frequently to those with DTI ratios of 30-36%, with 228 originations. The next most common DTI ratio? 50-60%, with 174 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,214 $365,390,000 $300,980 $8,839 4.64%
    Not provided 306 $88,450,000 $289,052 $9,821 4.65%
    Asian 65 $19,345,000 $297,615 $7,260 5.03%
    Black 39 $11,995,000 $307,564 $10,055 4.69%
    American Indian 14 $4,320,000 $308,571 $9,660 4.87%
    Native Hawaiian or Islander 1 $385,000 $385,000 $9,529 3.88%

    Approval Rates

    Total approvals of all applications
    98.08%

    Country Club Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    66.32%

    Country Club Mortgage 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 1,639 $489,885,000 $298,893

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,639 $489,885,000 $298,893

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 38 $6,670,000 $175,526 $4,997 4.54%
    40-60% 101 $22,105,000 $218,861 $5,746 4.71%
    60-80% 360 $117,810,000 $327,250 $7,643 5.06%
    80-100% 952 $324,760,000 $341,134 $9,780 5.10%
    Over 100% 43 $16,775,000 $390,116 $15,120 4.94%
    Under 20% 145 $1,765,000 $12,172 $2,228 0.67%