Fbc Mortgage Rates, Fees & Info

NORTH PALM BEACH, FL

LEI: 5493005JPZ3LXXMB0S24

Tax ID: 20-3702275

5 stars - Updated: 4/14/24 - out of 5 stars, based on 78 reviews

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

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Mortgage Data

Review & Overview

Fbc Mortgage is a small mortgage company specializing in Home Purchase loans. Fbc Mortgage has a high proportion of conventional loans. They have a a high proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Orlando, Miami, Tampa, Atlanta, and Las Vegas among others. We have data for 192 markets. (Some data included below & more in-depth data is available with an active subscription.)

Fbc 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. Fbc 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 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 6.78% 4/14/24
30 Year Conventional Refi 6.60% 4/14/24
30 Year Cash-out Refi 6.84% 4/14/24
30 Year FHA Purchase 7.47% 4/14/24
30 Year FHA Refi 7.19% 4/14/24
30 Year VA Purchase 6.29% 4/14/24
30 Year VA Refi 5.78% 4/14/24
30 Year USDA Purchase 6.88% 4/14/24
15 Year Conventional Purchase 6.27% 4/14/24
15 Year Conventional Refi 6.06% 4/14/24
15 Year Cash-out Refi 6.06% 4/14/24
15 Year FHA Purchase 7.36% 4/14/24
15 Year VA Purchase 6.52% 4/14/24
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.

Fbc Mortgage Mortgage Calculator






Your Estimates

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

This is not an official calculator from Fbc 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

6,037

Origination Dollar Volume (All Markets)

$2,133,565,000
Show all (77) awards

Relative Rate

Fbc Mortgage's average 30 year fixed mortgage rate was 6.28%.

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

This yields a difference of -0.2%.

Relative Fees (Closing Costs)

Fbc Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $9,680.

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) 768 $309,560,000 $403,073 $10,938 6.57%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 262 $129,930,000 $495,916 $11,668 6.60%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 312 $122,220,000 $391,731 $9,679 6.39%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 316 $120,960,000 $382,785 $9,151 5.78%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 250 $95,410,000 $381,640 $11,832 6.37%
COLUMBIA, SC (FHA|USDA|VA) 303 $85,555,000 $282,360 $7,247 6.05%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 253 $81,645,000 $322,708 $10,580 6.30%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 161 $71,085,000 $441,522 $10,816 6.31%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 223 $69,225,000 $310,426 $9,887 6.55%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 212 $66,430,000 $313,349 $9,430 6.65%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 177 $54,775,000 $309,463 $9,303 6.32%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 125 $51,215,000 $409,720 $13,213 6.02%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 145 $50,855,000 $350,724 $9,534 6.28%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 144 $38,980,000 $270,694 $7,081 5.76%
JACKSONVILLE, FL (FHA|USDA|VA) 97 $33,225,000 $342,526 $8,861 5.86%
SUMTER, SC (FHA|USDA|VA) 122 $32,250,000 $264,344 $7,765 5.51%
PANAMA CITY, FL (FHA|USDA|VA) 101 $31,965,000 $316,485 $8,977 6.57%
PORT ST. LUCIE, FL (FHA|USDA|VA) 81 $31,395,000 $387,593 $10,812 6.39%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 69 $30,615,000 $443,696 $12,006 6.28%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 71 $30,365,000 $427,676 $9,790 6.26%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 87 $26,075,000 $299,713 $9,396 6.41%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 86 $25,680,000 $298,605 $11,670 6.61%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 96 $20,810,000 $216,771 $9,477 6.35%
OCALA, FL (FHA|USDA|VA) 77 $20,295,000 $263,571 $8,630 6.36%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 34 $19,060,000 $560,588 $10,314 5.98%
GAINESVILLE, FL (FHA|USDA|VA) 62 $17,870,000 $288,226 $7,849 6.47%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 31 $16,025,000 $516,935 $7,630 6.83%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 54 $15,690,000 $290,556 $12,081 6.13%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 54 $15,370,000 $284,630 $6,005 7.07%
BOWLING GREEN, KY (FHA|USDA|VA) 46 $15,090,000 $328,043 $9,069 5.12%
FLORENCE, SC (FHA|USDA|VA) 47 $14,605,000 $310,745 $8,832 5.73%
EVANSVILLE, IN-KY (FHA|USDA|VA) 43 $14,305,000 $332,674 $8,722 5.11%
Outside of Metro Areas 43 $13,865,000 $322,442 $8,703 6.72%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 52 $13,670,000 $262,885 $6,110 6.02%
PUNTA GORDA, FL (FHA|USDA|VA) 48 $13,100,000 $272,917 $8,753 6.59%
VISALIA, CA (FHA|USDA|VA) 32 $12,790,000 $399,688 $12,139 6.04%
OWENSBORO, KY (FHA|USDA|VA) 40 $12,060,000 $301,500 $8,460 5.24%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 36 $11,670,000 $324,167 $8,857 6.26%
THE VILLAGES, FL (FHA|USDA|VA) 31 $10,265,000 $331,129 $7,090 6.86%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 39 $9,535,000 $244,487 $6,564 5.65%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 29 $9,155,000 $315,690 $8,336 5.29%
TULSA, OK (FHA|USDA|VA) 42 $8,910,000 $212,143 $9,477 6.36%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 27 $8,495,000 $314,630 $8,042 5.32%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 23 $7,785,000 $338,478 $8,587 6.43%
HUNTSVILLE, AL (FHA|USDA|VA) 27 $7,685,000 $284,630 $8,410 5.25%
WARNER ROBINS, GA (FHA|USDA|VA) 27 $7,445,000 $275,741 $7,556 5.78%
FRESNO, CA (FHA|USDA|VA) 15 $7,335,000 $489,000 $12,049 6.47%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 26 $7,130,000 $274,231 $9,078 6.31%
RALEIGH-CARY, NC (FHA|USDA|VA) 19 $6,685,000 $351,842 $5,780 5.93%
Seneca, SC (FHA|USDA|VA) 25 $6,665,000 $266,600 $5,631 6.19%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 22 $6,440,000 $292,727 $8,152 6.58%
ROCKY MOUNT, NC (FHA|USDA|VA) 19 $6,385,000 $336,053 $5,762 5.82%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 20 $6,360,000 $318,000 $9,458 6.45%
BAKERSFIELD, CA (FHA|USDA|VA) 14 $6,300,000 $450,000 $12,415 5.34%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 12 $6,020,000 $501,667 $14,058 6.45%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 15 $5,995,000 $399,667 $9,981 5.89%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 11 $5,695,000 $517,727 $7,723 6.85%
LOUISVILLE, KY (FHA|USDA|VA) 16 $4,930,000 $308,125 $6,277 6.44%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 6 $4,810,000 $801,667 $7,553 7.00%
FAYETTEVILLE, NC (FHA|USDA|VA) 13 $4,715,000 $362,692 $7,782 5.52%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 10 $4,380,000 $438,000 $8,587 6.32%
SPARTANBURG, SC (FHA|USDA|VA) 15 $4,195,000 $279,667 $8,110 6.20%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 10 $3,900,000 $390,000 $8,896 6.82%
OKLAHOMA CITY, OK (FHA|USDA|VA) 11 $3,875,000 $352,273 $11,468 6.57%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 14 $3,780,000 $270,000 $6,359 6.36%
Lake City, FL (FHA|USDA|VA) 12 $3,700,000 $308,333 $6,826 5.88%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 5 $3,335,000 $667,000 $12,861 6.52%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 5 $3,225,000 $645,000 $8,783 6.22%
GOLDSBORO, NC (FHA|USDA|VA) 10 $3,220,000 $322,000 $6,716 6.17%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 9 $3,105,000 $345,000 $9,384 5.54%
MODESTO, CA (FHA|USDA|VA) 8 $3,070,000 $383,750 $8,467 7.08%
ODESSA, TX (FHA|USDA|VA) 12 $2,850,000 $237,500 $11,370 6.48%
JACKSONVILLE, NC (FHA|USDA|VA) 10 $2,830,000 $283,000 $5,538 6.76%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 5 $2,815,000 $563,000 $8,148 6.60%
Kinston, NC (FHA|USDA|VA) 9 $2,615,000 $290,556 $4,118 5.90%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 6 $2,530,000 $421,667 $16,356 6.19%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 4 $2,240,000 $560,000 $7,054 7.02%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $2,215,000 $738,333 $16,092 6.79%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $2,185,000 $728,333 $5,440 6.37%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 7 $2,175,000 $310,714 $4,931 5.37%
WORCESTER, MA-CT (FHA|USDA|VA) 4 $2,140,000 $535,000 $9,482 7.19%
PROVO-OREM, UT (FHA|USDA|VA) 4 $2,070,000 $517,500 $3,817 5.28%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 3 $1,975,000 $658,333 $10,262 6.21%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 4 $1,940,000 $485,000 $16,120 6.31%
MOBILE, AL (FHA|USDA|VA) 7 $1,935,000 $276,429 $7,148 5.30%
LaGrange, GA-AL (FHA|USDA|VA) 6 $1,890,000 $315,000 $8,556 5.37%
BARNSTABLE TOWN, MA (FHA|USDA|VA) 2 $1,850,000 $925,000 $10,131 6.56%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 2 $1,840,000 $920,000 $6,332 6.38%
Jasper, IN (FHA|USDA|VA) 8 $1,740,000 $217,500 $7,182 5.11%
Pahrump, NV (FHA|USDA|VA) 5 $1,665,000 $333,000 $17,685 6.12%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 2 $1,630,000 $815,000 $6,154 6.06%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 2 $1,570,000 $785,000 $9,530 6.43%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $1,395,000 $465,000 $6,727 6.91%
SHERMAN-DENISON, TX (FHA|USDA|VA) 5 $1,385,000 $277,000 $11,679 7.00%
Edwards, CO (FHA|USDA|VA) 1 $1,355,000 $1,355,000 $5,388 7.63%
TUSCALOOSA, AL (FHA|USDA|VA) 4 $1,310,000 $327,500 $11,787 6.19%
Newberry, SC (FHA|USDA|VA) 4 $1,270,000 $317,500 $9,187 6.09%
Talladega-Sylacauga, AL (FHA|USDA|VA) 6 $1,260,000 $210,000 $9,082 6.75%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 4 $1,240,000 $310,000 $4,232 4.87%
FLAGSTAFF, AZ (FHA|USDA|VA) 3 $1,165,000 $388,333 $4,953 7.21%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 3 $1,135,000 $378,333 $5,933 4.99%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 3 $1,125,000 $375,000 $10,656 7.08%
MONTGOMERY, AL (FHA|USDA|VA) 5 $1,095,000 $219,000 $8,702 6.49%
TUCSON, AZ (FHA|USDA|VA) 3 $1,085,000 $361,667 $6,492 6.83%
Taos, NM (FHA|USDA|VA) 4 $1,080,000 $270,000 $10,615 6.94%
Albertville, AL (FHA|USDA|VA) 3 $1,075,000 $358,333 $6,608 5.50%
STOCKTON, CA (FHA|USDA|VA) 2 $1,060,000 $530,000 $6,931 6.18%
Huntsville, TX (FHA|USDA|VA) 4 $1,040,000 $260,000 $9,064 6.81%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $1,040,000 $520,000 $7,216 6.56%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 2 $1,010,000 $505,000 $8,070 6.88%
Clewiston, FL (FHA|USDA|VA) 4 $990,000 $247,500 $9,533 6.66%
JACKSON, MS (FHA|USDA|VA) 2 $980,000 $490,000 $5,335 6.56%
ALBUQUERQUE, NM (FHA|USDA|VA) 3 $955,000 $318,333 $11,477 5.75%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $935,000 $311,667 $10,719 6.33%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 4 $910,000 $227,500 $9,235 6.16%
Shelby, NC (FHA|USDA|VA) 5 $895,000 $179,000 $6,632 6.77%
Jefferson, GA (FHA|USDA|VA) 1 $875,000 $875,000 $15,371 7.63%
ST. GEORGE, UT (FHA|USDA|VA) 1 $865,000 $865,000 $9,540 6.75%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $820,000 $410,000 $6,762 6.38%
Albemarle, NC (FHA|USDA|VA) 3 $805,000 $268,333 $7,651 5.46%
Helena, MT (FHA|USDA|VA) 2 $800,000 $400,000 $6,088 6.69%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $765,000 $765,000 $4,721 7.25%
CORPUS CHRISTI, TX (FHA|USDA|VA) 3 $755,000 $251,667 $14,857 6.71%
Palatka, FL (FHA|USDA|VA) 3 $745,000 $248,333 $7,351 7.00%
Lebanon, NH-VT (FHA|USDA|VA) 2 $720,000 $360,000 $5,415 7.06%
WILMINGTON, NC (FHA|USDA|VA) 1 $685,000 $685,000 $7,229 5.13%
Muskogee, OK (FHA|USDA|VA) 3 $685,000 $228,333 $5,641 6.66%
MERCED, CA (FHA|USDA|VA) 2 $680,000 $340,000 $12,085 6.13%
RENO, NV (FHA|USDA|VA) 2 $680,000 $340,000 $0 6.62%
Richmond-Berea, KY (FHA|USDA|VA) 2 $620,000 $310,000 $11,683 6.12%
SAVANNAH, GA (FHA|USDA|VA) 2 $620,000 $310,000 $10,281 7.68%
Georgetown, SC (FHA|USDA|VA) 2 $620,000 $310,000 $3,710 6.81%
PITTSBURGH, PA (FHA|USDA|VA) 2 $590,000 $295,000 $8,861 7.25%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $580,000 $290,000 $4,009 6.87%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 1 $565,000 $565,000 $6,020 6.38%
AMARILLO, TX (FHA|USDA|VA) 1 $555,000 $555,000 $17,459 8.63%
ANCHORAGE, AK (FHA|USDA|VA) 1 $555,000 $555,000 $11,773 6.25%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $550,000 $275,000 $2,422 6.56%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 1 $545,000 $545,000 $30,085 5.75%
Brevard, NC (FHA|USDA|VA) 1 $525,000 $525,000 $11,251 6.25%
Forest City, NC (FHA|USDA|VA) 1 $525,000 $525,000 $10,396 7.49%
SALT LAKE CITY, UT (FHA|USDA|VA) 1 $525,000 $525,000 $6,490 4.99%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 2 $510,000 $255,000 $4,560 6.68%
Tupelo, MS (FHA|USDA|VA) 3 $485,000 $161,667 $6,357 6.75%
ASHEVILLE, NC (FHA|USDA|VA) 1 $485,000 $485,000 $9,711 6.99%
Cullowhee, NC (FHA|USDA|VA) 1 $485,000 $485,000 $15,437 7.75%
Enterprise, AL (FHA|USDA|VA) 1 $465,000 $465,000 $12,604 6.99%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $425,000 $425,000 $11,385 4.75%
Marion, NC (FHA|USDA|VA) 1 $425,000 $425,000 $13,839 7.50%
Alexander City, AL (FHA|USDA|VA) 2 $420,000 $210,000 $9,319 7.00%
Newport, TN (FHA|USDA|VA) 1 $405,000 $405,000 $0 7.50%
GAINESVILLE, GA (FHA|USDA|VA) 1 $405,000 $405,000 $17,166 5.63%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 1 $395,000 $395,000 $11,545 6.88%
ANN ARBOR, MI (FHA|USDA|VA) 1 $385,000 $385,000 $16,175 6.75%
Sevierville, TN (FHA|USDA|VA) 1 $375,000 $375,000 $0 6.99%
GREENVILLE, NC (FHA|USDA|VA) 1 $375,000 $375,000 $706 4.99%
LAKE CHARLES, LA (FHA|USDA|VA) 2 $370,000 $185,000 $9,760 6.50%
LAFAYETTE, LA (FHA|USDA|VA) 1 $355,000 $355,000 $7,495 5.75%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 1 $355,000 $355,000 $3,906 7.38%
Ozark, AL (FHA|USDA|VA) 1 $355,000 $355,000 $17,742 5.63%
Laconia, NH (FHA|USDA|VA) 1 $345,000 $345,000 $5,308 6.63%
JACKSON, TN (FHA|USDA|VA) 1 $335,000 $335,000 $8,917 7.25%
Port Lavaca, TX (FHA|USDA|VA) 1 $335,000 $335,000 $9,188 6.25%
HATTIESBURG, MS (FHA|USDA|VA) 1 $315,000 $315,000 $15,498 6.25%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 1 $305,000 $305,000 $7,203 6.88%
Okeechobee, FL (FHA|USDA|VA) 1 $285,000 $285,000 $10,834 6.75%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $285,000 $285,000 $3,170 5.63%
ROME, GA (FHA|USDA|VA) 1 $275,000 $275,000 $14,462 5.75%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 1 $265,000 $265,000 $4,312 8.50%
BATON ROUGE, LA (FHA|USDA|VA) 1 $265,000 $265,000 $13,327 6.13%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $265,000 $265,000 $5,822 6.75%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $255,000 $255,000 $5,869 7.88%
COLUMBUS, OH (FHA|USDA|VA) 1 $235,000 $235,000 $0 6.25%
Fort Madison-Keokuk, IA-IL-MO (FHA|USDA|VA) 1 $235,000 $235,000 $7,306 5.75%
KNOXVILLE, TN (FHA|USDA|VA) 1 $225,000 $225,000 $4,916 5.75%
Durant, OK (FHA|USDA|VA) 1 $225,000 $225,000 $7,950 5.75%
Klamath Falls, OR (FHA|USDA|VA) 1 $215,000 $215,000 $4,144 5.00%
JACKSON, MI (FHA|USDA|VA) 1 $215,000 $215,000 $6,582 5.50%
Crossville, TN (FHA|USDA|VA) 1 $215,000 $215,000 $7,631 6.49%
OCEAN CITY, NJ (FHA|USDA|VA) 1 $195,000 $195,000 $5,641 5.88%
Arcadia, FL (FHA|USDA|VA) 1 $195,000 $195,000 $8,562 7.25%
Wauchula, FL (FHA|USDA|VA) 1 $185,000 $185,000 $4,901 6.50%
MADERA, CA (FHA|USDA|VA) 1 $165,000 $165,000 $6,806 6.88%
Jasper, AL (FHA|USDA|VA) 1 $165,000 $165,000 $10,743 6.63%
Bonham, TX (FHA|USDA|VA) 1 $165,000 $165,000 $7,050 7.50%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $165,000 $165,000 $0 7.49%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $165,000 $165,000 $9,473 7.75%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 1 $155,000 $155,000 $1,652 6.99%
LAREDO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $9,110 5.13%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $135,000 $135,000 $3,528 5.63%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $105,000 $105,000 $0 6.75%
Galesburg, IL (FHA|USDA|VA) 1 $85,000 $85,000 $3,422 7.25%
Fbc Mortgage's top markets include Orlando, Miami, Tampa, Atlanta, and Las Vegas among others.

Their top states include:
  • Florida (FHA|USDA|VA)
  • South Carolina (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • California (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Similar Lenders

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

    PIERREMONT MORTGAGE, INC.
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    TTCU Federal Credit Union
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    Envision Credit Union
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    TRAVIS CREDIT UNION
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,972 $1,106,080,000 $372,167 $8,331 6.66%
    FHA 2,085 $680,505,000 $326,381 $11,831 5.93%
    VA 928 $333,410,000 $359,278 $8,415 5.82%
    USDA 52 $13,570,000 $260,962 $8,055 5.75%

    For 2023, Fbc Mortgage's most frequently originated type of loan was Conventional, with 2,972 originations. Their 2nd most popular type was FHA, with 2,085 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 5,868 $2,081,410,000 $354,705 $9,632 6.26%
    Cash Out Refi 114 $34,020,000 $298,421 $8,768 6.77%
    Refi 55 $18,135,000 $329,727 $8,713 6.43%

    For 2023, Fbc Mortgage's most frequently cited loan purpose was Home Purchase, with 5,868 originations. The 2nd most popular reason was Cash Out Refi, with 114 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 5,858 $2,086,490,000 $356,178 $9,680 6.28%
    15 Year 130 $32,660,000 $251,231 $6,401 5.89%
    20 Year 21 $6,045,000 $287,857 $7,758 6.41%
    30+ year 12 $3,880,000 $323,333 $11,134 6.75%
    Other 10 $2,830,000 $283,000 $12,270 6.22%
    10 Year 6 $1,660,000 $276,667 $6,508 6.29%

    For 2023, Fbc Mortgage's most frequently cited loan duration was 30 Year, with 5,858 originations. The 2nd most popular length was 15 Year, with 130 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,883 $677,045,000 $359,557
    $5k+ 1,833 $737,405,000 $402,294
    $<1k 814 $244,240,000 $300,049
    $4k-5k 448 $142,890,000 $318,951
    $3k-4k 390 $118,870,000 $304,795
    $2k-3k 388 $121,350,000 $312,758

    Fbc Mortgage's average total fees were $9,680, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,883 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    6-7% 2,193 $766,575,000 $349,555
    5-6% 1,691 $613,575,000 $362,847
    7-8% 1,215 $432,825,000 $356,235
    4-5% 845 $284,915,000 $337,178
    Over 8% 85 $32,815,000 $386,059
    3-4% 8 $2,860,000 $357,500

    During 2023, Fbc Mortgage's average interest rate for loans was 6.28%, while their most frequently originated rate bucket for loans was 6-7%, with 2,193 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 3,766 $1,146,660,000 $304,477 $9,086 6.20%
    $400k-600k 1,265 $598,745,000 $473,316 $12,021 6.33%
    $100k-200k 545 $86,925,000 $159,495 $5,831 6.45%
    $600k-1MM 370 $263,130,000 $711,162 $12,658 6.53%
    $100,000 or less 63 $5,035,000 $79,921 $3,969 6.50%
    $1MM+ 28 $33,070,000 $1,181,071 $12,430 6.27%

    2023 saw Fbc Mortgage place emphasis on $200k-400k loans with 3,766 originations, totaling $1,146,660,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 1,792 $639,790,000 $357,026 $10,251 6.25%
    $75k-100k 1,411 $433,635,000 $307,325 $9,477 6.11%
    $150k-250k 1,054 $460,100,000 $436,528 $10,578 6.49%
    $50k-75k 1,002 $256,840,000 $256,327 $8,083 6.06%
    $250k+ 526 $292,110,000 $555,342 $10,517 6.69%
    $50k or less 231 $42,535,000 $184,134 $6,103 6.41%

    Fbc Mortgage lent most frequently to those with incomes in the $100k-150k range, with 1,792 originations. The second most popular income band? $75k-100k, with 1,411 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    50-60% 906 $319,660,000 $352,826 $11,714 5.86%
    30-36% 778 $281,880,000 $362,314 $9,314 6.26%
    20-30% 613 $211,615,000 $345,212 $8,094 6.29%
    48% 382 $134,130,000 $351,126 $9,415 6.42%
    49% 326 $113,880,000 $349,325 $10,361 6.37%
    47% 299 $105,225,000 $351,923 $9,396 6.43%
    43% 292 $103,290,000 $353,733 $9,159 6.29%
    45% 281 $98,435,000 $350,302 $9,222 6.32%
    42% 278 $99,350,000 $357,374 $8,927 6.38%
    44% 277 $95,565,000 $345,000 $9,593 6.33%
    46% 269 $94,875,000 $352,695 $10,024 6.37%
    41% 215 $78,575,000 $365,465 $9,366 6.44%
    40% 201 $74,615,000 $371,219 $9,401 6.33%
    39% 199 $71,305,000 $358,317 $9,101 6.38%
    38% 176 $60,990,000 $346,534 $8,767 6.36%
    36% 174 $60,870,000 $349,828 $9,500 6.26%
    <20% 167 $55,165,000 $330,329 $7,956 6.45%
    37% 158 $54,750,000 $346,519 $9,223 6.13%
    >60% 31 $12,625,000 $407,258 $10,575 6.24%

    Fbc Mortgage lent most frequently to those with DTI ratios of 50-60%, with 906 originations. The next most common DTI ratio? 30-36%, with 778 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 3,419 $1,191,965,000 $348,630 $9,353 6.36%
    Not provided 1,381 $489,345,000 $354,341 $9,830 6.26%
    Black 874 $306,150,000 $350,286 $9,849 5.92%
    Asian 288 $119,870,000 $416,215 $10,747 6.35%
    American Indian 38 $13,220,000 $347,895 $10,247 6.33%
    Native Hawaiian or Islander 18 $6,100,000 $338,889 $11,413 5.98%
    Asian Indian 11 $4,035,000 $366,818 $12,005 6.19%
    Other Asian 4 $1,420,000 $355,000 $9,267 5.53%
    Chinese 1 $395,000 $395,000 $13,279 6.63%
    Korean 1 $385,000 $385,000 $8,125 5.75%
    Vietnamese 1 $375,000 $375,000 $0 6.99%
    Other Pacific Islander 1 $305,000 $305,000 $10,203 4.75%

    Approval Rates

    Total approvals of all applications
    97.23%

    Fbc 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
    66.82%

    Fbc 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 6,037 $2,133,565,000 $353,415

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    6,037 $2,133,565,000 $353,415

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 201 $36,325,000 $180,721 $5,535 6.47%
    40-60% 384 $112,990,000 $294,245 $7,290 6.44%
    60-80% 1,215 $463,375,000 $381,379 $8,830 6.58%
    80-100% 3,953 $1,427,035,000 $361,001 $9,996 6.19%
    Over 100% 253 $89,395,000 $353,340 $13,566 5.64%
    Under 20% 30 $3,720,000 $124,000 $4,323 6.58%