Fbc Mortgage Rates, Fees & Info
NORTH PALM BEACH, FLLEI: 5493005JPZ3LXXMB0S24
Tax ID: 20-3702275
2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Fbc Mortgage is a mid-sized mortgage company specializing in Home Purchase and Refi loans. Fbc 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 include Orlando, Tampa, Atlanta, Deltona, and Lakeland among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Fbc Mortgage is typically a high fee lendor.Originations
22,879Origination Dollar Volume (All Markets)
$6,308,695,000Relative Rate
Fbc Mortgage 's average 30 year fixed rate mortgage was
3.18%.
The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.
This yields a difference of -0.18%.
Relative Fees
Fbc Mortgage 's average total fees for a 30 year fixed rate
mortgage are $6,061.
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 $5,021.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 12,915 | $3,691,355,000 | $285,819 | $4,471 | 3.19% |
| FHA | 6,682 | $1,631,100,000 | $244,104 | $8,391 | 3.12% |
| VA | 2,845 | $894,845,000 | $314,533 | $5,771 | 2.92% |
| USDA | 437 | $91,395,000 | $209,142 | $6,254 | 3.01% |
For the 2020 period, Fbc Mortgage 's most frequently originated loan type was Conventional, with 12,915 originations. Their 2nd most popular type is FHA, with 6,682 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 14,685 | $3,931,615,000 | $267,730 | $6,682 | 3.15% |
| Refi | 6,399 | $1,868,935,000 | $292,067 | $4,144 | 3.04% |
| Cash Out Refi | 1,795 | $508,145,000 | $283,089 | $4,944 | 3.30% |
For the 2020, Fbc Mortgage 's most frequently cited loan purpose was Home Purchase, with 14,685 originations. The 2nd most popular reason was Refi, with 6,399 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 20,569 | $5,716,815,000 | $277,934 | $6,016 | 3.16% |
| 15 Year | 1,416 | $354,930,000 | $250,657 | $3,925 | 2.78% |
| 20 Year | 428 | $118,420,000 | $276,682 | $3,908 | 3.09% |
| Other | 335 | $92,485,000 | $276,075 | $4,892 | 3.08% |
| 10 Year | 58 | $11,560,000 | $199,310 | $3,319 | 2.76% |
| 30+ year | 47 | $14,235,000 | $302,872 | $8,135 | 3.06% |
| 3 Year | 15 | $125,000 | $8,333 | $0 | 0.00% |
| 5 Year | 11 | $125,000 | $11,364 | $0 | 0.50% |
For the 2020, Fbc Mortgage 's most frequently cited loan length was 30 Year, with 20,569 originations. The 2nd most popular length was 15 Year, with 1,416 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 12,683 | $3,519,875,000 | $277,527 |
| $2k-3k | 3,369 | $854,705,000 | $253,697 |
| $<1k | 3,107 | $923,575,000 | $297,256 |
| $3k-4k | 2,530 | $683,350,000 | $270,099 |
| $5k+ | 927 | $316,245,000 | $341,149 |
$6,061 was Fbc Mortgage 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 12,683 originations.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| ORLANDO-KISSIMMEE-SANFORD, FL | 3,757 | $1,098,135,000 | $292,290 | $5,816 | 3.14% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 1,443 | $407,455,000 | $282,367 | $5,788 | 3.13% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA | 1,170 | $311,320,000 | $266,085 | $5,654 | 3.14% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL | 1,170 | $290,330,000 | $248,145 | $5,878 | 3.13% |
| LAKELAND-WINTER HAVEN, FL | 1,065 | $244,745,000 | $229,808 | $7,046 | 3.10% |
| PHOENIX-MESA-CHANDLER, AZ | 765 | $220,905,000 | $288,765 | $4,880 | 3.22% |
| LAS VEGAS-HENDERSON-PARADISE, NV | 730 | $204,330,000 | $279,904 | $5,995 | 3.09% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL | 696 | $188,840,000 | $271,322 | $5,738 | 3.14% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA | 492 | $188,110,000 | $382,337 | $5,163 | 3.02% |
| Outside of Metro Areas | 848 | $186,630,000 | $220,083 | $5,496 | 3.20% |
| JACKSONVILLE, FL | 692 | $181,810,000 | $262,731 | $5,969 | 3.14% |
| WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL | 483 | $168,555,000 | $348,975 | $6,310 | 3.14% |
| NORTH PORT-SARASOTA-BRADENTON, FL | 430 | $118,170,000 | $274,814 | $6,114 | 3.04% |
| PORT ST. LUCIE, FL | 446 | $113,250,000 | $253,924 | $6,269 | 3.17% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA | 449 | $111,065,000 | $247,361 | $7,608 | 2.85% |
| BIRMINGHAM-HOOVER, AL | 424 | $104,760,000 | $247,075 | $4,222 | 3.15% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA | 202 | $97,720,000 | $483,762 | $7,397 | 3.05% |
| PITTSBURGH, PA | 273 | $84,335,000 | $308,919 | $7,463 | 3.15% |
| SAN ANTONIO-NEW BRAUNFELS, TX | 361 | $76,365,000 | $211,537 | $6,858 | 3.13% |
| COLORADO SPRINGS, CO | 211 | $69,695,000 | $330,308 | $4,944 | 3.10% |
| GAINESVILLE, FL | 284 | $68,410,000 | $240,880 | $4,639 | 3.18% |
| CAMBRIDGE-NEWTON-FRAMINGHAM, MA | 149 | $65,625,000 | $440,436 | $3,317 | 3.06% |
| STOCKTON, CA | 159 | $64,525,000 | $405,818 | $5,575 | 3.19% |
| BAKERSFIELD, CA | 327 | $60,035,000 | $183,593 | $7,500 | 2.82% |
| HILTON HEAD ISLAND-BLUFFTON, SC | 215 | $56,285,000 | $261,791 | $4,629 | 3.15% |
| LOUISVILLE/JEFFERSON COUNTY, KY-IN | 195 | $54,745,000 | $280,744 | $3,825 | 2.98% |
| SEBASTIAN-VERO BEACH, FL | 219 | $54,595,000 | $249,292 | $4,753 | 3.20% |
| FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL | 153 | $52,615,000 | $343,889 | $7,504 | 3.22% |
| DENVER-AURORA-LAKEWOOD, CO | 148 | $52,390,000 | $353,986 | $4,031 | 3.12% |
| TULSA, OK | 270 | $51,210,000 | $189,667 | $5,789 | 3.21% |
| BOSTON, MA | 121 | $47,315,000 | $391,033 | $3,321 | 3.14% |
| CAPE CORAL-FORT MYERS, FL | 206 | $46,980,000 | $228,058 | $5,950 | 3.21% |
| MODESTO, CA | 178 | $46,890,000 | $263,427 | $6,195 | 3.14% |
| DALLAS-PLANO-IRVING, TX | 156 | $45,510,000 | $291,731 | $8,439 | 3.26% |
| OAKLAND-BERKELEY-LIVERMORE, CA | 81 | $41,825,000 | $516,358 | $4,525 | 3.02% |
| LOS ANGELES-LONG BEACH-GLENDALE, CA | 93 | $41,255,000 | $443,602 | $5,561 | 2.96% |
| COLUMBUS, OH | 161 | $39,265,000 | $243,882 | $6,880 | 3.23% |
| ODESSA, TX | 170 | $38,680,000 | $227,529 | $7,906 | 3.48% |
| NAPLES-MARCO ISLAND, FL | 103 | $38,025,000 | $369,175 | $5,622 | 3.11% |
| OKLAHOMA CITY, OK | 186 | $37,710,000 | $202,742 | $4,791 | 3.29% |
| PUNTA GORDA, FL | 167 | $37,475,000 | $224,401 | $6,333 | 3.25% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX | 162 | $37,260,000 | $230,000 | $6,257 | 3.26% |
| EVANSVILLE, IN-KY | 139 | $32,675,000 | $235,072 | $4,839 | 3.12% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC | 108 | $30,680,000 | $284,074 | $5,469 | 3.10% |
| BEAUMONT-PORT ARTHUR, TX | 152 | $28,120,000 | $185,000 | $7,121 | 3.31% |
| WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | 56 | $24,950,000 | $445,536 | $7,629 | 3.04% |
| OCALA, FL | 131 | $24,455,000 | $186,679 | $5,289 | 3.25% |
| MIDLAND, TX | 98 | $23,830,000 | $243,163 | $8,643 | 3.48% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA | 60 | $22,710,000 | $378,500 | $6,904 | 3.17% |
| OWENSBORO, KY | 104 | $22,400,000 | $215,385 | $5,573 | 3.14% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN | 67 | $21,685,000 | $323,657 | $5,784 | 3.11% |
| SHREVEPORT-BOSSIER CITY, LA | 99 | $19,965,000 | $201,667 | $5,830 | 3.23% |
| ANAHEIM-SANTA ANA-IRVINE, CA | 43 | $19,045,000 | $442,907 | $4,258 | 3.02% |
| PENSACOLA-FERRY PASS-BRENT, FL | 74 | $18,380,000 | $248,378 | $5,536 | 2.96% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA | 32 | $17,410,000 | $544,063 | $3,492 | 2.97% |
| SEATTLE-BELLEVUE-KENT, WA | 34 | $14,410,000 | $423,824 | $2,465 | 3.03% |
| MIAMI-MIAMI BEACH-KENDALL, FL | 43 | $14,175,000 | $329,651 | $6,775 | 3.26% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX | 48 | $14,030,000 | $292,292 | $6,389 | 3.11% |
| HOMOSASSA SPRINGS, FL | 69 | $12,845,000 | $186,159 | $4,759 | 3.38% |
| VALLEJO, CA | 29 | $12,725,000 | $438,793 | $6,597 | 2.99% |
| RALEIGH-CARY, NC | 43 | $11,745,000 | $273,140 | $5,385 | 3.09% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL | 31 | $10,245,000 | $330,484 | $5,944 | 2.98% |
| FREDERICK-GAITHERSBURG-ROCKVILLE, MD | 22 | $10,070,000 | $457,727 | $7,935 | 2.91% |
| CHARLESTON-NORTH CHARLESTON, SC | 32 | $9,950,000 | $310,938 | $6,447 | 3.27% |
| FORT WORTH-ARLINGTON-GRAPEVINE, TX | 34 | $8,780,000 | $258,235 | $5,174 | 3.49% |
| PANAMA CITY, FL | 35 | $8,745,000 | $249,857 | $7,023 | 3.18% |
| CHICAGO-NAPERVILLE-EVANSTON, IL | 29 | $8,155,000 | $281,207 | $5,057 | 3.17% |
| BOWLING GREEN, KY | 34 | $8,150,000 | $239,706 | $4,722 | 3.06% |
| MERCED, CA | 29 | $7,745,000 | $267,069 | $5,258 | 3.19% |
| BALTIMORE-COLUMBIA-TOWSON, MD | 30 | $7,450,000 | $248,333 | $5,091 | 3.07% |
| THE VILLAGES, FL | 38 | $7,380,000 | $194,211 | $5,502 | 3.09% |
| TALLAHASSEE, FL | 35 | $7,295,000 | $208,429 | $5,730 | 3.12% |
| GAINESVILLE, GA | 26 | $6,700,000 | $257,692 | $4,758 | 3.03% |
| SEBRING-AVON PARK, FL | 36 | $6,680,000 | $185,556 | $5,212 | 3.03% |
| BARNSTABLE TOWN, MA | 23 | $6,585,000 | $286,304 | $5,909 | 3.09% |
| RICHMOND, VA | 21 | $6,505,000 | $309,762 | $4,983 | 3.14% |
| GREENVILLE-ANDERSON, SC | 22 | $6,460,000 | $293,636 | $6,707 | 3.04% |
| GREELEY, CO | 16 | $6,090,000 | $380,625 | $3,491 | 3.14% |
| CINCINNATI, OH-KY-IN | 24 | $6,040,000 | $251,667 | $5,337 | 3.13% |
| SAVANNAH, GA | 21 | $5,975,000 | $284,524 | $6,626 | 2.99% |
| SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA | 11 | $5,965,000 | $542,273 | $3,760 | 3.01% |
| OLYMPIA-LACEY-TUMWATER, WA | 17 | $5,775,000 | $339,706 | $4,913 | 3.03% |
| CORPUS CHRISTI, TX | 21 | $5,245,000 | $249,762 | $6,992 | 2.93% |
| OXNARD-THOUSAND OAKS-VENTURA, CA | 9 | $5,205,000 | $578,333 | $7,250 | 3.11% |
| CAMDEN, NJ | 19 | $4,875,000 | $256,579 | $5,999 | 3.16% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI | 20 | $4,680,000 | $234,000 | $5,060 | 3.04% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR | 32 | $4,630,000 | $144,688 | $4,871 | 2.95% |
| NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ | 13 | $4,465,000 | $343,462 | $5,852 | 2.99% |
| FLAGSTAFF, AZ | 13 | $4,355,000 | $335,000 | $5,137 | 3.52% |
| YUBA CITY, CA | 16 | $4,340,000 | $271,250 | $6,505 | 2.90% |
| ST. LOUIS, MO-IL | 17 | $4,195,000 | $246,765 | $3,360 | 3.34% |
| HUNTSVILLE, AL | 18 | $4,060,000 | $225,556 | $4,372 | 2.95% |
| SANTA CRUZ-WATSONVILLE, CA | 7 | $4,035,000 | $576,429 | $5,753 | 3.25% |
| NEW BRUNSWICK-LAKEWOOD, NJ | 12 | $3,970,000 | $330,833 | $7,261 | 3.15% |
| BOULDER, CO | 8 | $3,930,000 | $491,250 | $4,942 | 3.11% |
| LYNCHBURG, VA | 23 | $3,515,000 | $152,826 | $3,935 | 3.43% |
| DURHAM-CHAPEL HILL, NC | 11 | $3,445,000 | $313,182 | $3,581 | 2.97% |
| SALINAS, CA | 6 | $3,380,000 | $563,333 | $4,932 | 2.87% |
| TACOMA-LAKEWOOD, WA | 10 | $3,340,000 | $334,000 | $4,003 | 3.35% |
| PUEBLO, CO | 13 | $3,235,000 | $248,846 | $3,538 | 3.08% |
| LAKE HAVASU CITY-KINGMAN, AZ | 12 | $3,230,000 | $269,167 | $6,609 | 3.02% |
| PROVIDENCE-WARWICK, RI-MA | 9 | $3,225,000 | $358,333 | $4,339 | 2.97% |
| ELGIN, IL | 15 | $3,195,000 | $213,000 | $4,193 | 3.11% |
| JONESBORO, AR | 19 | $3,095,000 | $162,895 | $6,675 | 3.05% |
| FRESNO, CA | 12 | $3,090,000 | $257,500 | $4,999 | 3.19% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR | 17 | $3,085,000 | $181,471 | $6,756 | 2.85% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC | 10 | $3,080,000 | $308,000 | $6,356 | 2.84% |
| SANTA ROSA-PETALUMA, CA | 6 | $3,000,000 | $500,000 | $8,915 | 2.98% |
| WARREN-TROY-FARMINGTON HILLS, MI | 12 | $2,930,000 | $244,167 | $3,791 | 2.93% |
| NEWARK, NJ-PA | 9 | $2,885,000 | $320,556 | $6,087 | 2.93% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN | 13 | $2,775,000 | $213,462 | $4,591 | 3.10% |
| WINCHESTER, VA-WV | 9 | $2,425,000 | $269,444 | $5,922 | 3.43% |
| ATHENS-CLARKE COUNTY, GA | 8 | $2,420,000 | $302,500 | $3,867 | 3.19% |
| DAPHNE-FAIRHOPE-FOLEY, AL | 11 | $2,385,000 | $216,818 | $4,341 | 3.43% |
| TUCSON, AZ | 9 | $2,365,000 | $262,778 | $4,721 | 3.28% |
| KENNEWICK-RICHLAND, WA | 8 | $2,310,000 | $288,750 | $1,589 | 2.75% |
| PRESCOTT VALLEY-PRESCOTT, AZ | 10 | $2,290,000 | $229,000 | $3,002 | 3.21% |
| VISALIA, CA | 10 | $2,270,000 | $227,000 | $6,268 | 2.94% |
| SANTA MARIA-SANTA BARBARA, CA | 4 | $2,180,000 | $545,000 | $4,583 | 2.94% |
| FORT COLLINS, CO | 7 | $2,175,000 | $310,714 | $4,552 | 3.02% |
| WORCESTER, MA-CT | 8 | $2,100,000 | $262,500 | $5,915 | 3.08% |
| EL CENTRO, CA | 8 | $2,100,000 | $262,500 | $4,218 | 3.33% |
| SAN ANGELO, TX | 11 | $1,925,000 | $175,000 | $6,521 | 3.78% |
| DETROIT-DEARBORN-LIVONIA, MI | 7 | $1,695,000 | $242,143 | $3,472 | 2.77% |
| MADERA, CA | 7 | $1,675,000 | $239,286 | $5,794 | 3.14% |
| MANCHESTER-NASHUA, NH | 6 | $1,660,000 | $276,667 | $3,648 | 3.27% |
| LEXINGTON-FAYETTE, KY | 7 | $1,635,000 | $233,571 | $5,658 | 2.79% |
| FAYETTEVILLE, NC | 7 | $1,625,000 | $232,143 | $3,834 | 2.84% |
| RENO, NV | 5 | $1,625,000 | $325,000 | $6,032 | 2.67% |
| ALBUQUERQUE, NM | 8 | $1,510,000 | $188,750 | $4,901 | 3.37% |
| SALEM, OR | 5 | $1,455,000 | $291,000 | $3,733 | 3.42% |
| ASHEVILLE, NC | 4 | $1,420,000 | $355,000 | $4,582 | 2.94% |
| GADSDEN, AL | 5 | $1,415,000 | $283,000 | $3,426 | 2.90% |
| SPARTANBURG, SC | 6 | $1,410,000 | $235,000 | $6,886 | 3.29% |
| AMARILLO, TX | 5 | $1,365,000 | $273,000 | $7,158 | 3.60% |
| CHICO, CA | 6 | $1,360,000 | $226,667 | $5,149 | 3.00% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA | 6 | $1,320,000 | $220,000 | $5,737 | 3.02% |
| AUGUSTA-RICHMOND COUNTY, GA-SC | 5 | $1,305,000 | $261,000 | $3,367 | 2.85% |
| SHERMAN-DENISON, TX | 7 | $1,285,000 | $183,571 | $5,173 | 3.16% |
| ABILENE, TX | 7 | $1,245,000 | $177,857 | $5,209 | 3.55% |
| BEND, OR | 3 | $1,235,000 | $411,667 | $5,764 | 3.08% |
| HARTFORD-EAST HARTFORD-MIDDLETOWN, CT | 4 | $1,210,000 | $302,500 | $3,982 | 2.84% |
| NAPA, CA | 3 | $1,205,000 | $401,667 | $2,926 | 3.04% |
| ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH | 4 | $1,140,000 | $285,000 | $3,551 | 2.97% |
| HAGERSTOWN-MARTINSBURG, MD-WV | 5 | $1,075,000 | $215,000 | $5,330 | 3.28% |
| DAYTON-KETTERING, OH | 5 | $1,055,000 | $211,000 | $3,860 | 2.93% |
| MOBILE, AL | 5 | $1,055,000 | $211,000 | $4,348 | 2.85% |
| KILLEEN-TEMPLE, TX | 6 | $1,040,000 | $173,333 | $6,258 | 2.83% |
| COLUMBIA, SC | 5 | $1,015,000 | $203,000 | $3,712 | 3.22% |
| CHATTANOOGA, TN-GA | 4 | $1,010,000 | $252,500 | $4,059 | 3.09% |
| TRENTON-PRINCETON, NJ | 4 | $1,010,000 | $252,500 | $6,645 | 3.15% |
| EL PASO, TX | 6 | $980,000 | $163,333 | $7,302 | 3.29% |
| SAN RAFAEL, CA | 2 | $980,000 | $490,000 | $9,313 | 3.06% |
| LAKE COUNTY-KENOSHA COUNTY, IL-WI | 3 | $965,000 | $321,667 | $3,677 | 3.08% |
| TUSCALOOSA, AL | 5 | $965,000 | $193,000 | $4,040 | 3.25% |
| GARY, IN | 4 | $940,000 | $235,000 | $5,214 | 3.13% |
| TYLER, TX | 5 | $905,000 | $181,000 | $5,483 | 3.60% |
| ANNISTON-OXFORD, AL | 5 | $895,000 | $179,000 | $6,241 | 2.82% |
| CLEVELAND-ELYRIA, OH | 4 | $890,000 | $222,500 | $7,420 | 3.19% |
| DOTHAN, AL | 3 | $855,000 | $285,000 | $6,434 | 2.92% |
| LANSING-EAST LANSING, MI | 3 | $855,000 | $285,000 | $4,418 | 3.25% |
| KNOXVILLE, TN | 4 | $810,000 | $202,500 | $4,148 | 3.22% |
| WINSTON-SALEM, NC | 4 | $800,000 | $200,000 | $3,886 | 3.13% |
| MCALLEN-EDINBURG-MISSION, TX | 3 | $795,000 | $265,000 | $4,482 | 4.21% |
| Outside of Metro Areas | 3 | $785,000 | $261,667 | $6,082 | 3.16% |
| CLARKSVILLE, TN-KY | 4 | $780,000 | $195,000 | $5,156 | 3.00% |
| MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA | 3 | $765,000 | $255,000 | $4,960 | 3.00% |
| LONGVIEW, TX | 4 | $750,000 | $187,500 | $5,835 | 3.22% |
| HOUMA-THIBODAUX, LA | 3 | $745,000 | $248,333 | $3,566 | 2.92% |
| BATON ROUGE, LA | 4 | $740,000 | $185,000 | $3,894 | 3.00% |
| DECATUR, AL | 3 | $735,000 | $245,000 | $6,480 | 3.17% |
| CORVALLIS, OR | 2 | $730,000 | $365,000 | $6,300 | 3.13% |
| NEW ORLEANS-METAIRIE, LA | 3 | $705,000 | $235,000 | $5,524 | 3.13% |
| WACO, TX | 3 | $705,000 | $235,000 | $3,779 | 3.20% |
| LUBBOCK, TX | 4 | $700,000 | $175,000 | $4,405 | 3.50% |
| MEMPHIS, TN-MS-AR | 4 | $700,000 | $175,000 | $5,166 | 3.37% |
| CAPE GIRARDEAU, MO-IL | 4 | $690,000 | $172,500 | $4,719 | 3.69% |
| WARNER ROBINS, GA | 4 | $670,000 | $167,500 | $4,520 | 2.81% |
| SAN LUIS OBISPO-PASO ROBLES, CA | 2 | $660,000 | $330,000 | $5,665 | 3.06% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA | 2 | $650,000 | $325,000 | $10,071 | 3.50% |
| AUBURN-OPELIKA, AL | 2 | $650,000 | $325,000 | $3,647 | 2.94% |
| TOLEDO, OH | 3 | $625,000 | $208,333 | $4,828 | 2.92% |
| FORT SMITH, AR-OK | 5 | $615,000 | $123,000 | $5,809 | 2.90% |
| SPRINGFIELD, MA | 2 | $610,000 | $305,000 | $5,347 | 2.63% |
| KANSAS CITY, MO-KS | 3 | $585,000 | $195,000 | $4,534 | 3.00% |
| GRAND JUNCTION, CO | 3 | $575,000 | $191,667 | $3,065 | 3.21% |
| EUGENE-SPRINGFIELD, OR | 3 | $555,000 | $185,000 | $5,380 | 3.17% |
| MANSFIELD, OH | 2 | $550,000 | $275,000 | $6,125 | 2.75% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ | 2 | $550,000 | $275,000 | $7,011 | 3.00% |
| ATLANTIC CITY-HAMMONTON, NJ | 2 | $540,000 | $270,000 | $3,823 | 3.00% |
| GRAND RAPIDS-KENTWOOD, MI | 3 | $535,000 | $178,333 | $4,279 | 3.08% |
| ANCHORAGE, AK | 2 | $520,000 | $260,000 | $4,814 | 3.31% |
| PHILADELPHIA, PA | 1 | $515,000 | $515,000 | $4,861 | 2.38% |
| MILWAUKEE-WAUKESHA, WI | 3 | $505,000 | $168,333 | $4,032 | 3.08% |
| CALIFORNIA-LEXINGTON PARK, MD | 2 | $500,000 | $250,000 | $5,591 | 2.81% |
| HAMMOND, LA | 2 | $500,000 | $250,000 | $5,506 | 3.00% |
| SALISBURY, MD-DE | 2 | $490,000 | $245,000 | $10,490 | 2.94% |
| REDDING, CA | 2 | $470,000 | $235,000 | $5,054 | 3.19% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC | 2 | $440,000 | $220,000 | $5,173 | 3.19% |
| VALDOSTA, GA | 2 | $430,000 | $215,000 | $3,480 | 3.00% |
| ELIZABETHTOWN-FORT KNOX, KY | 2 | $430,000 | $215,000 | $5,814 | 3.00% |
| MACON-BIBB COUNTY, GA | 3 | $415,000 | $138,333 | $2,242 | 2.63% |
| AKRON, OH | 2 | $410,000 | $205,000 | $4,957 | 3.13% |
| ROANOKE, VA | 2 | $410,000 | $205,000 | $4,820 | 2.75% |
| GREENSBORO-HIGH POINT, NC | 2 | $390,000 | $195,000 | $4,670 | 3.44% |
| SANTA FE, NM | 1 | $375,000 | $375,000 | $8,263 | 3.25% |
| SIERRA VISTA-DOUGLAS, AZ | 1 | $375,000 | $375,000 | $1,055 | 2.75% |
| SPOKANE-SPOKANE VALLEY, WA | 1 | $365,000 | $365,000 | $1,444 | 2.99% |
| JOHNSTOWN, PA | 1 | $365,000 | $365,000 | $3,238 | 2.75% |
| NORWICH-NEW LONDON, CT | 1 | $365,000 | $365,000 | $3,792 | 2.88% |
| MONTGOMERY, AL | 1 | $365,000 | $365,000 | $3,686 | 2.99% |
| ANN ARBOR, MI | 1 | $335,000 | $335,000 | $3,269 | 2.99% |
| MORGANTOWN, WV | 1 | $315,000 | $315,000 | $3,561 | 3.38% |
| FORT WAYNE, IN | 2 | $310,000 | $155,000 | $3,199 | 2.75% |
| EAST STROUDSBURG, PA | 1 | $295,000 | $295,000 | $4,425 | 3.00% |
| TEXARKANA, TX-AR | 1 | $275,000 | $275,000 | $5,040 | 3.13% |
| ROCKY MOUNT, NC | 1 | $275,000 | $275,000 | $7,628 | 3.63% |
| WILMINGTON, DE-MD-NJ | 1 | $265,000 | $265,000 | $6,809 | 3.25% |
| NEW HAVEN-MILFORD, CT | 1 | $255,000 | $255,000 | $9,181 | 3.63% |
| GULFPORT-BILOXI, MS | 2 | $250,000 | $125,000 | $4,881 | 3.50% |
| WAUSAU-WESTON, WI | 1 | $245,000 | $245,000 | $5,611 | 3.38% |
| YORK-HANOVER, PA | 1 | $245,000 | $245,000 | $6,993 | 3.25% |
| MEDFORD, OR | 1 | $245,000 | $245,000 | $6,152 | 2.75% |
| LONGVIEW, WA | 1 | $245,000 | $245,000 | $9,254 | 3.50% |
| ALBANY-LEBANON, OR | 1 | $235,000 | $235,000 | $2,499 | 3.38% |
| LINCOLN, NE | 1 | $235,000 | $235,000 | $5,261 | 2.88% |
| BROWNSVILLE-HARLINGEN, TX | 1 | $235,000 | $235,000 | $3,993 | 2.25% |
| HANFORD-CORCORAN, CA | 1 | $225,000 | $225,000 | $4,916 | 2.75% |
| OMAHA-COUNCIL BLUFFS, NE-IA | 1 | $225,000 | $225,000 | $5,141 | 2.25% |
| GREEN BAY, WI | 1 | $225,000 | $225,000 | $4,944 | 3.00% |
| JACKSON, TN | 1 | $215,000 | $215,000 | $2,943 | 2.63% |
| BRIDGEPORT-STAMFORD-NORWALK, CT | 1 | $215,000 | $215,000 | $5,377 | 3.25% |
| HARRISONBURG, VA | 1 | $215,000 | $215,000 | $2,087 | 3.75% |
| BANGOR, ME | 1 | $205,000 | $205,000 | $3,061 | 3.25% |
| VICTORIA, TX | 1 | $205,000 | $205,000 | $9,334 | 3.38% |
| ROCKFORD, IL | 1 | $205,000 | $205,000 | $5,684 | 2.75% |
| CANTON-MASSILLON, OH | 1 | $205,000 | $205,000 | $3,729 | 3.38% |
| LANCASTER, PA | 1 | $205,000 | $205,000 | $5,975 | 2.75% |
| LAKE CHARLES, LA | 1 | $195,000 | $195,000 | $5,700 | 3.25% |
| LAS CRUCES, NM | 1 | $195,000 | $195,000 | $5,027 | 2.75% |
| ROCHESTER, MN | 1 | $195,000 | $195,000 | $4,498 | 3.25% |
| SAGINAW, MI | 1 | $195,000 | $195,000 | $4,428 | 3.25% |
| SPRINGFIELD, OH | 1 | $185,000 | $185,000 | $7,057 | 2.75% |
| BELLINGHAM, WA | 1 | $185,000 | $185,000 | $1,839 | 3.00% |
| ALEXANDRIA, LA | 1 | $185,000 | $185,000 | $4,208 | 3.75% |
| WILMINGTON, NC | 1 | $175,000 | $175,000 | $5,159 | 2.75% |
| COLUMBUS, GA-AL | 1 | $175,000 | $175,000 | $3,564 | 2.99% |
| COLLEGE STATION-BRYAN, TX | 1 | $175,000 | $175,000 | $3,984 | 3.99% |
| KOKOMO, IN | 1 | $165,000 | $165,000 | $4,009 | 3.25% |
| CHAMBERSBURG-WAYNESBORO, PA | 1 | $165,000 | $165,000 | $3,352 | 3.74% |
| JACKSONVILLE, NC | 1 | $155,000 | $155,000 | $3,981 | 2.75% |
| APPLETON, WI | 1 | $155,000 | $155,000 | $3,841 | 2.75% |
| JEFFERSON CITY, MO | 1 | $155,000 | $155,000 | $4,821 | 3.38% |
| JOPLIN, MO | 1 | $145,000 | $145,000 | $5,289 | 3.25% |
| HINESVILLE, GA | 1 | $145,000 | $145,000 | $5,031 | 3.13% |
| PORTLAND-SOUTH PORTLAND, ME | 1 | $145,000 | $145,000 | $4,447 | 2.75% |
| TOPEKA, KS | 1 | $105,000 | $105,000 | $1,468 | 3.13% |
| WICHITA, KS | 1 | $55,000 | $55,000 | $4,089 | 3.25% |
| GREENVILLE, NC | 1 | $55,000 | $55,000 | $2,334 | 3.13% |
Fbc Mortgage 's top markets include Orlando, Tampa, Atlanta, Deltona, and Lakeland among others.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 11,184 | $2,986,460,000 | $267,030 |
| 2.5-3% | 9,267 | $2,703,175,000 | $291,699 |
| <2.5% | 1,546 | $426,080,000 | $275,602 |
| 4-5% | 736 | $165,530,000 | $224,905 |
| 5-6% | 145 | $27,275,000 | $188,103 |
| 6-7% | 1 | $175,000 | $175,000 |
During 2020, Fbc Mortgage 's average interest rate was 3.18%, while their most frequently originated rate bucket was 3-4%, with 11,184 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 14,116 | $3,905,060,000 | $276,641 | $6,187 | 3.13% |
| $100k-200k | 4,984 | $809,150,000 | $162,350 | $4,779 | 3.27% |
| $400k-600k | 2,807 | $1,320,975,000 | $470,600 | $5,907 | 3.02% |
| $100,000 or less | 654 | $36,570,000 | $55,917 | $3,789 | 2.61% |
| $600k-1MM | 292 | $204,780,000 | $701,301 | $8,044 | 3.06% |
| $1MM+ | 26 | $32,160,000 | $1,236,923 | $11,034 | 3.05% |
2020 saw Fbc Mortgage place emphasis on $200k-400k loans with 14,116 originations, totaling $3,905,060,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $50k-75k | 5,608 | $1,263,000,000 | $225,214 | $6,349 | 3.14% |
| $100k-150k | 4,367 | $1,355,485,000 | $310,393 | $5,816 | 3.17% |
| $75k-100k | 4,050 | $1,085,160,000 | $267,941 | $6,240 | 3.16% |
| $150k-250k | 2,768 | $1,029,510,000 | $371,933 | $5,309 | 3.14% |
| $50k or less | 2,707 | $479,455,000 | $177,117 | $5,736 | 3.15% |
| $250k+ | 1,009 | $428,975,000 | $425,149 | $5,293 | 3.13% |
Fbc Mortgage lent most frequently to those with incomes in the $50k-75k range, with 5,608 originations. The second most popular income band? $100k-150k, with 4,367 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 3,734 | $1,060,000,000 | $283,878 | $4,867 | 3.14% |
| 30-36% | 3,367 | $955,615,000 | $283,818 | $5,432 | 3.17% |
| 50-60% | 2,024 | $524,270,000 | $259,027 | $8,737 | 3.06% |
| <20% | 1,272 | $368,680,000 | $289,843 | $4,411 | 3.04% |
| 44% | 939 | $253,775,000 | $270,261 | $5,925 | 3.24% |
| 42% | 825 | $221,855,000 | $268,915 | $6,131 | 3.24% |
| 43% | 818 | $219,960,000 | $268,900 | $5,961 | 3.18% |
| 40% | 790 | $211,060,000 | $267,165 | $5,722 | 3.19% |
| 39% | 753 | $201,905,000 | $268,134 | $5,770 | 3.20% |
| 41% | 748 | $205,370,000 | $274,559 | $5,968 | 3.16% |
| 45% | 721 | $191,525,000 | $265,638 | $6,468 | 3.17% |
| 38% | 705 | $194,715,000 | $276,191 | $5,952 | 3.16% |
| 36% | 700 | $198,290,000 | $283,271 | $5,854 | 3.20% |
| 48% | 696 | $186,480,000 | $267,931 | $6,440 | 3.19% |
| 46% | 684 | $180,600,000 | $264,035 | $6,492 | 3.13% |
| 37% | 673 | $192,895,000 | $286,620 | $5,825 | 3.15% |
| 47% | 665 | $180,095,000 | $270,820 | $6,278 | 3.15% |
| 49% | 537 | $141,875,000 | $264,199 | $6,884 | 3.15% |
| >60% | 40 | $11,380,000 | $284,500 | $8,979 | 2.94% |
Fbc Mortgage lent most frequently to those with DTI ratios of 20-30%, with 3,734 originations. The next most common DTI ratio? 30-36%, with 3,367 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 15,741 | $4,350,605,000 | $276,387 | $5,668 | 3.14% |
| Not provided | 3,996 | $1,091,740,000 | $273,208 | $5,976 | 3.13% |
| Black | 1,996 | $522,380,000 | $261,713 | $6,866 | 3.14% |
| Asian | 882 | $279,310,000 | $316,678 | $5,392 | 3.11% |
| American Indian | 178 | $40,510,000 | $227,584 | $6,541 | 3.16% |
| Native Hawaiian | 52 | $13,740,000 | $264,231 | $6,947 | 3.17% |
| Asian Indian | 14 | $4,900,000 | $350,000 | $6,550 | 3.11% |
| Other Asian | 7 | $1,945,000 | $277,857 | $7,093 | 2.59% |
| Other Pacific Islander | 5 | $1,445,000 | $289,000 | $7,738 | 2.83% |
| Vietnamese | 4 | $1,080,000 | $270,000 | $2,974 | 2.87% |
| Filipino | 2 | $610,000 | $305,000 | $8,771 | 3.31% |
| Chinese | 1 | $305,000 | $305,000 | $2,009 | 2.25% |
| Native Hawiian | 1 | $125,000 | $125,000 | $5,681 | 2.88% |
Approval Rates
Total approvals of all applications95.31%
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 origination72.32%
Fbc Mortgage has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 22,879 | $6,308,695,000 | $275,742 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 243 | $42,355,000 | $174,300 |
| Single Family (1-4 Units):Site-Built | 22,636 | $6,266,340,000 | $276,831 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 541 | $106,675,000 | $197,181 | $3,580 | 3.04% |
| 40-60% | 1,880 | $504,700,000 | $268,457 | $3,929 | 3.05% |
| 60-80% | 5,343 | $1,594,595,000 | $298,446 | $4,533 | 3.22% |
| 80-100% | 12,784 | $3,473,500,000 | $271,707 | $6,636 | 3.18% |
| Over 100% | 605 | $191,415,000 | $316,388 | $11,459 | 3.00% |
| Under 20% | 248 | $9,180,000 | $37,016 | $3,427 | 1.16% |