Country Club Mortgage Rates, Fees & Info

VISALIA, CA

LEI: 54930057OO0P1ZMTQX63

Tax ID: 52-2354562

4.6 stars - out of 5 stars, based on 58 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Country Club Mortgage is a smaller mortgage company specializing in Home Purchase and Refi 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, San Luis Obispo, and Madera among others. We have data for 23 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 an average 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 6.27% 1/29/23
    30 Year Conventional Refi 6.57% 1/29/23
    30 Year Cash-out Refi 6.72% 1/29/23
    30 Year FHA Purchase 7.41% 1/29/23
    30 Year FHA Refi 6.96% 1/29/23
    30 Year VA Purchase 6.37% 1/29/23
    30 Year VA Refi 5.98% 1/29/23
    30 Year USDA Purchase 6.55% 1/29/23
    30 Year USDA Refi 6.42% 1/29/23
    15 Year Conventional Purchase 6.10% 1/29/23
    15 Year Conventional Refi 6.18% 1/29/23
    15 Year Cash-out Refi 6.18% 1/29/23
    15 Year FHA Purchase 7.11% 1/29/23
    15 Year VA Refi 5.68% 1/29/23
    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.


    Originations

    3,386

    Origination Dollar Volume (All Markets)

    $857,140,000

    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 2.87%.

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

    This yields a difference of -0.28%.

    Relative Fees (Closing Costs)

    Country Club Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $5,960.

    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) 1,830 $449,260,000 $245,497 $5,722 2.82%
    FRESNO, CA (FHA|USDA|VA) 865 $209,985,000 $242,757 $5,038 2.92%
    HANFORD-CORCORAN, CA (FHA|USDA|VA) 480 $124,250,000 $258,854 $7,012 2.78%
    SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 50 $24,400,000 $488,000 $5,478 2.97%
    MADERA, CA (FHA|USDA|VA) 38 $10,380,000 $273,158 $4,728 2.88%
    BAKERSFIELD, CA (FHA|USDA|VA) 41 $9,135,000 $222,805 $5,553 2.77%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 14 $6,770,000 $483,571 $6,760 3.05%
    MERCED, CA (FHA|USDA|VA) 12 $2,920,000 $243,333 $5,796 2.73%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 8 $2,810,000 $351,250 $6,282 2.91%
    Outside of Metro Areas 7 $2,565,000 $366,429 $4,381 3.23%
    SALINAS, CA (FHA|USDA|VA) 7 $2,485,000 $355,000 $3,351 2.70%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 4 $2,270,000 $567,500 $8,536 3.19%
    STOCKTON, CA (FHA|USDA|VA) 6 $2,240,000 $373,333 $6,086 2.65%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 6 $2,160,000 $360,000 $4,739 3.19%
    MODESTO, CA (FHA|USDA|VA) 6 $1,530,000 $255,000 $3,727 3.06%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 3 $1,265,000 $421,667 $6,064 3.21%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 2 $670,000 $335,000 $3,039 2.81%
    SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $570,000 $285,000 $3,795 3.25%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 1 $535,000 $535,000 $13,857 3.25%
    CHICO, CA (FHA|USDA|VA) 1 $315,000 $315,000 $3,799 3.50%
    Clearlake, CA (FHA|USDA|VA) 1 $255,000 $255,000 $7,167 3.38%
    REDDING, CA (FHA|USDA|VA) 1 $205,000 $205,000 $6,630 2.75%
    Sonora, CA (FHA|USDA|VA) 1 $165,000 $165,000 $4,666 3.38%
    Country Club Mortgage's top markets include Visalia, Fresno, Hanford, San Luis Obispo, and Madera 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.

    STRATA Credit Union
    Similarity Rank: 195
    Christian Community Credit Union
    Similarity Rank: 354
    AltaOne Federal Credit Union
    Similarity Rank: 444
    SAFE 1 CREDIT UNION
    Similarity Rank: 621
    COASTHILLS
    Similarity Rank: 935
    First City Credit Union
    Similarity Rank: 1026
    SESLOC
    Similarity Rank: 1065
    Los Angeles Federal Credit Union
    Similarity Rank: 1230

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,512 $603,380,000 $240,199 $4,310 2.83%
    FHA 604 $161,750,000 $267,798 $10,103 2.95%
    VA 241 $84,595,000 $351,017 $8,612 2.80%
    USDA 29 $7,415,000 $255,690 $7,088 2.63%

    For 2021, Country Club Mortgage's most frequently originated type of loan was Conventional, with 2,512 originations. Their 2nd most popular type was FHA, with 604 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,022 $531,710,000 $262,962 $6,859 2.75%
    Refi 934 $218,130,000 $233,544 $3,924 2.94%
    Home Improvement 394 $97,960,000 $248,629 $4,751 3.13%
    Cash Out Refi 36 $9,340,000 $259,444 $4,409 3.01%

    For 2021, Country Club Mortgage's most frequently cited loan purpose was Home Purchase, with 2,022 originations. The 2nd most popular reason was Refi, with 934 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 3,003 $774,175,000 $257,801 $5,960 2.87%
    15 Year 261 $55,455,000 $212,471 $3,918 2.61%
    20 Year 94 $21,650,000 $230,319 $3,644 2.86%
    Other 15 $3,515,000 $234,333 $4,765 3.16%
    10 Year 13 $2,345,000 $180,385 $3,671 2.45%

    For 2021, Country Club Mortgage's most frequently cited loan duration was 30 Year, with 3,003 originations. The 2nd most popular length was 15 Year, with 261 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,812 $497,830,000 $274,741
    $<1k 394 $41,450,000 $105,203
    $5k+ 338 $111,980,000 $331,302
    $2k-3k 331 $72,175,000 $218,051
    $3k-4k 270 $65,350,000 $242,037
    $4k-5k 241 $68,355,000 $283,631

    Country Club Mortgage's average total fees were $5,960, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,812 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,362 $381,200,000 $279,883
    2.5-3% 1,328 $362,820,000 $273,208
    <2.5% 646 $101,690,000 $157,415
    4-5% 50 $11,430,000 $228,600

    During 2021, Country Club Mortgage's average interest rate for loans was 2.87%, while their most frequently originated rate bucket for loans was 3-4%, with 1,362 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,941 $555,625,000 $286,257 $6,476 3.04%
    $100k-200k 773 $121,725,000 $157,471 $4,250 3.03%
    $100,000 or less 321 $6,765,000 $21,075 $1,526 1.04%
    $400k-600k 321 $150,505,000 $468,863 $6,154 3.00%
    $600k-1MM 28 $19,810,000 $707,500 $8,409 3.15%
    $1MM+ 2 $2,710,000 $1,355,000 $11,217 3.06%

    2021 saw Country Club Mortgage place emphasis on $200k-400k loans with 1,941 originations, totaling $555,625,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 945 $203,065,000 $214,884 $6,264 2.72%
    $75k-100k 726 $182,530,000 $251,419 $6,017 2.84%
    $100k-150k 696 $206,570,000 $296,796 $5,711 2.97%
    $50k or less 496 $85,050,000 $171,472 $5,077 2.74%
    $150k-250k 372 $126,270,000 $339,435 $4,994 3.03%
    $250k+ 119 $45,175,000 $379,622 $5,267 3.13%

    Country Club Mortgage lent most frequently to those with incomes in the $50k-75k range, with 945 originations. The second most popular income band? $75k-100k, with 726 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 633 $160,565,000 $253,657 $5,874 2.90%
    20-30% 614 $148,560,000 $241,954 $4,954 2.83%
    <20% 283 $38,365,000 $135,565 $2,882 1.65%
    44% 174 $46,050,000 $264,655 $6,308 3.01%
    41% 157 $41,535,000 $264,554 $6,288 3.15%
    50-60% 150 $44,070,000 $293,800 $9,134 2.86%
    43% 138 $38,910,000 $281,957 $6,190 3.08%
    42% 132 $38,620,000 $292,576 $6,333 3.04%
    38% 131 $34,615,000 $264,237 $5,059 3.08%
    36% 129 $34,225,000 $265,310 $5,573 3.02%
    37% 125 $35,515,000 $284,120 $5,760 3.03%
    40% 121 $31,515,000 $260,455 $5,663 3.11%
    39% 117 $30,435,000 $260,128 $6,578 3.05%
    45% 102 $29,680,000 $290,980 $5,874 3.03%
    47% 91 $25,135,000 $276,209 $6,262 3.01%
    49% 84 $22,050,000 $262,500 $6,288 3.05%
    46% 77 $20,575,000 $267,208 $5,598 3.02%
    48% 76 $21,890,000 $288,026 $6,417 2.97%
    >60% 45 $12,755,000 $283,444 $4,412 2.46%

    Country Club Mortgage lent most frequently to those with DTI ratios of 30-36%, with 633 originations. The next most common DTI ratio? 20-30%, with 614 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,727 $689,585,000 $252,873 $5,666 2.85%
    Not provided 394 $97,610,000 $247,741 $6,185 2.82%
    Asian 184 $47,360,000 $257,391 $5,099 2.92%
    Black 45 $11,575,000 $257,222 $6,507 2.84%
    Not applicable 17 $5,225,000 $307,353 $5,598 2.78%
    American Indian 15 $4,415,000 $294,333 $6,089 2.93%
    Native Hawaiian or Islander 4 $1,370,000 $342,500 $8,168 3.03%

    Approval Rates

    Total approvals of all applications
    99.34%

    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
    74.72%

    Country Club Mortgage has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,386 $857,140,000 $253,142

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    3,386 $857,140,000 $253,142

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 99 $15,125,000 $152,778 $3,598 2.79%
    40-60% 382 $77,450,000 $202,749 $3,844 2.88%
    60-80% 1,054 $281,710,000 $267,277 $4,524 3.11%
    80-100% 1,489 $447,955,000 $300,843 $7,087 3.04%
    Over 100% 87 $30,655,000 $352,356 $12,831 2.90%
    Under 20% 269 $2,675,000 $9,944 $341 0.70%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    CENTURY MORTGAGE COMPANY VA mortgage Trouble during payment process 1 100.0%