Polaris Home Funding Corp. Mortgage Rates, Fees & Info

Englewood, FL

LEI: 54930063578UDYE3JR69

Tax ID: 38-3601693

3.3 stars - out of 5 stars, based on 53 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Polaris Home Funding Corp. is a smaller mortgage company specializing in Home Purchase and Cash Out Refi loans. Polaris Home Funding Corp. has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Cincinnati, Weirton, Canton, Columbus, and London among others. Polaris Home Funding Corp. has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Polaris Home Funding Corp. is typically a high fee lendor.


Originations

2,809

Origination Dollar Volume (All Markets)

$501,045,000
Show all (5) awards

Relative Rate

Polaris Home Funding Corp.'s average 30 year fixed rate mortgage of loans were 3.27%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.12%.

Relative Fees

Polaris Home Funding Corp.'s average total fees for a 30 year fixed rate mortgage are $6,110.

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 $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 222 $42,210,000 $190,135 $6,010 3.21%
Outside of Metro Areas 235 $34,035,000 $144,830 $5,713 3.30%
WEIRTON-STEUBENVILLE, WV-OH (FHA|USDA|VA) 203 $30,325,000 $149,384 $4,130 3.34%
CANTON-MASSILLON, OH (FHA|USDA|VA) 164 $28,250,000 $172,256 $5,812 3.23%
COLUMBUS, OH (FHA|USDA|VA) 138 $26,770,000 $193,986 $5,700 3.25%
London, KY (FHA|USDA|VA) 152 $26,200,000 $172,368 $5,884 3.21%
AKRON, OH (FHA|USDA|VA) 138 $23,260,000 $168,551 $5,733 3.14%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 102 $23,230,000 $227,745 $3,258 2.84%
FORT WAYNE, IN (FHA|USDA|VA) 121 $22,265,000 $184,008 $4,080 3.28%
New Philadelphia-Dover, OH (FHA|USDA|VA) 98 $15,780,000 $161,020 $5,248 3.38%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 80 $15,360,000 $192,000 $6,030 3.28%
DAYTON-KETTERING, OH (FHA|USDA|VA) 79 $14,115,000 $178,671 $6,550 3.12%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 35 $7,475,000 $213,571 $8,903 3.24%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 37 $7,345,000 $198,514 $7,089 3.14%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 30 $6,580,000 $219,333 $7,546 3.29%
PARKERSBURG-VIENNA, WV (FHA|USDA|VA) 44 $5,890,000 $133,864 $6,064 3.23%
Findlay, OH (FHA|USDA|VA) 34 $5,310,000 $156,176 $5,707 3.04%
Marietta, OH (FHA|USDA|VA) 35 $5,015,000 $143,286 $5,548 3.36%
WHEELING, WV-OH (FHA|USDA|VA) 28 $4,510,000 $161,071 $4,694 3.33%
Portsmouth, OH (FHA|USDA|VA) 37 $4,415,000 $119,324 $6,721 3.33%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 24 $4,090,000 $170,417 $6,252 3.07%
LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 21 $3,975,000 $189,286 $6,092 3.02%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 16 $3,830,000 $239,375 $8,331 3.12%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 13 $3,365,000 $258,846 $11,480 3.07%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 17 $3,355,000 $197,353 $7,252 3.10%
Tiffin, OH (FHA|USDA|VA) 26 $3,250,000 $125,000 $6,000 3.29%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 14 $3,210,000 $229,286 $8,737 3.15%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 10 $2,930,000 $293,000 $11,203 3.25%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 11 $2,825,000 $256,818 $5,880 3.22%
RALEIGH-CARY, NC (FHA|USDA|VA) 12 $2,680,000 $223,333 $8,311 3.17%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 13 $2,605,000 $200,385 $8,206 3.27%
KNOXVILLE, TN (FHA|USDA|VA) 12 $2,470,000 $205,833 $8,179 3.01%
TOLEDO, OH (FHA|USDA|VA) 14 $2,360,000 $168,571 $6,555 3.11%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 8 $2,290,000 $286,250 $11,750 3.25%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 8 $2,260,000 $282,500 $6,470 3.20%
Wooster, OH (FHA|USDA|VA) 11 $2,205,000 $200,455 $5,705 3.30%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 12 $2,110,000 $175,833 $7,186 3.33%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 6 $2,080,000 $346,667 $9,937 3.21%
Somerset, KY (FHA|USDA|VA) 13 $2,065,000 $158,846 $6,753 3.37%
Salem, OH (FHA|USDA|VA) 13 $2,055,000 $158,077 $3,425 3.25%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 12 $2,050,000 $170,833 $6,871 3.16%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 11 $1,975,000 $179,545 $8,735 3.20%
LEXINGTON-FAYETTE, KY (FHA|USDA|VA) 8 $1,920,000 $240,000 $5,246 2.89%
Greenville, OH (FHA|USDA|VA) 11 $1,895,000 $172,273 $5,166 3.10%
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) 11 $1,885,000 $171,364 $5,021 3.24%
COLUMBIA, SC (FHA|USDA|VA) 8 $1,830,000 $228,750 $9,780 3.08%
Warsaw, IN (FHA|USDA|VA) 12 $1,820,000 $151,667 $3,788 3.34%
Chillicothe, OH (FHA|USDA|VA) 9 $1,655,000 $183,889 $7,182 3.26%
WINSTON-SALEM, NC (FHA|USDA|VA) 10 $1,630,000 $163,000 $6,640 3.24%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 7 $1,565,000 $223,571 $7,695 2.93%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 8 $1,510,000 $188,750 $8,318 3.14%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 5 $1,485,000 $297,000 $9,887 3.13%
Huntington, IN (FHA|USDA|VA) 8 $1,460,000 $182,500 $4,148 3.41%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 7 $1,455,000 $207,857 $8,259 3.15%
Auburn, IN (FHA|USDA|VA) 9 $1,445,000 $160,556 $4,095 3.24%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 6 $1,430,000 $238,333 $7,595 3.25%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 6 $1,390,000 $231,667 $9,146 3.10%
WORCESTER, MA-CT (FHA|USDA|VA) 5 $1,385,000 $277,000 $9,209 3.18%
ASHEVILLE, NC (FHA|USDA|VA) 5 $1,345,000 $269,000 $8,404 3.00%
PITTSBURGH, PA (FHA|USDA|VA) 7 $1,325,000 $189,286 $7,662 3.43%
Holland, MI (FHA|USDA|VA) 5 $1,215,000 $243,000 $3,866 2.60%
Zanesville, OH (FHA|USDA|VA) 7 $1,205,000 $172,143 $7,120 3.27%
SPRINGFIELD, OH (FHA|USDA|VA) 9 $1,185,000 $131,667 $4,944 3.01%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 5 $1,175,000 $235,000 $6,909 2.78%
Jackson, OH (FHA|USDA|VA) 6 $1,070,000 $178,333 $6,759 3.33%
Cambridge, OH (FHA|USDA|VA) 7 $1,015,000 $145,000 $4,124 3.09%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $1,010,000 $252,500 $9,730 3.41%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 6 $990,000 $165,000 $7,851 3.21%
JACKSONVILLE, FL (FHA|USDA|VA) 6 $940,000 $156,667 $6,536 3.27%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 4 $930,000 $232,500 $9,142 3.06%
MANSFIELD, OH (FHA|USDA|VA) 5 $925,000 $185,000 $7,948 3.43%
Bellefontaine, OH (FHA|USDA|VA) 3 $915,000 $305,000 $8,184 3.29%
Coshocton, OH (FHA|USDA|VA) 6 $910,000 $151,667 $6,647 3.44%
SPRINGFIELD, MA (FHA|USDA|VA) 4 $860,000 $215,000 $10,023 3.38%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 4 $860,000 $215,000 $7,267 3.47%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 5 $855,000 $171,000 $6,896 3.25%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 3 $845,000 $281,667 $5,728 3.42%
Bluffton, IN (FHA|USDA|VA) 4 $840,000 $210,000 $5,801 3.25%
CHARLESTON, WV (FHA|USDA|VA) 6 $770,000 $128,333 $6,629 3.31%
Wapakoneta, OH (FHA|USDA|VA) 4 $770,000 $192,500 $4,399 3.25%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 3 $745,000 $248,333 $6,358 3.04%
Kendallville, IN (FHA|USDA|VA) 4 $740,000 $185,000 $4,654 3.09%
READING, PA (FHA|USDA|VA) 4 $700,000 $175,000 $10,268 3.56%
WILMINGTON, NC (FHA|USDA|VA) 4 $680,000 $170,000 $6,409 2.97%
FLINT, MI (FHA|USDA|VA) 5 $675,000 $135,000 $4,820 3.35%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 3 $645,000 $215,000 $4,914 3.17%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 2 $630,000 $315,000 $11,000 2.56%
DULUTH, MN-WI (FHA|USDA|VA) 3 $625,000 $208,333 $7,735 3.46%
Crossville, TN (FHA|USDA|VA) 3 $625,000 $208,333 $7,635 3.50%
LIMA, OH (FHA|USDA|VA) 4 $620,000 $155,000 $6,514 3.16%
Greeneville, TN (FHA|USDA|VA) 3 $615,000 $205,000 $7,343 3.00%
HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) 5 $615,000 $123,000 $4,857 3.58%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 4 $600,000 $150,000 $7,459 3.25%
Sidney, OH (FHA|USDA|VA) 3 $595,000 $198,333 $7,070 3.00%
Wilmington, OH (FHA|USDA|VA) 4 $580,000 $145,000 $5,526 3.28%
ELKHART-GOSHEN, IN (FHA|USDA|VA) 2 $580,000 $290,000 $6,033 3.19%
Fremont, OH (FHA|USDA|VA) 4 $570,000 $142,500 $5,145 3.06%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 4 $570,000 $142,500 $7,121 3.28%
Washington Court House, OH (FHA|USDA|VA) 4 $550,000 $137,500 $3,895 3.41%
BURLINGTON, NC (FHA|USDA|VA) 3 $545,000 $181,667 $7,749 3.25%
Angola, IN (FHA|USDA|VA) 3 $545,000 $181,667 $5,022 3.08%
Key West, FL (FHA|USDA|VA) 1 $545,000 $545,000 $5,697 3.50%
Athens, OH (FHA|USDA|VA) 4 $540,000 $135,000 $6,223 3.00%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 2 $530,000 $265,000 $5,426 2.94%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $530,000 $265,000 $15,697 3.31%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 3 $525,000 $175,000 $5,664 3.13%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 3 $515,000 $171,667 $7,055 3.46%
LINCOLN, NE (FHA|USDA|VA) 2 $500,000 $250,000 $9,111 3.75%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 2 $490,000 $245,000 $7,933 3.19%
Ashtabula, OH (FHA|USDA|VA) 3 $485,000 $161,667 $7,569 3.58%
LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) 2 $480,000 $240,000 $10,855 3.19%
Van Wert, OH (FHA|USDA|VA) 1 $455,000 $455,000 $3,287 3.25%
Decatur, IN (FHA|USDA|VA) 3 $445,000 $148,333 $3,354 3.17%
FAYETTEVILLE, NC (FHA|USDA|VA) 3 $435,000 $145,000 $7,681 3.13%
FLORENCE, SC (FHA|USDA|VA) 3 $425,000 $141,667 $6,026 3.29%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $420,000 $210,000 $7,896 3.38%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 3 $415,000 $138,333 $6,064 2.92%
BRUNSWICK, GA (FHA|USDA|VA) 2 $410,000 $205,000 $7,578 2.81%
Wabash, IN (FHA|USDA|VA) 3 $395,000 $131,667 $4,494 4.08%
Owatonna, MN (FHA|USDA|VA) 2 $380,000 $190,000 $6,951 3.31%
YORK-HANOVER, PA (FHA|USDA|VA) 2 $380,000 $190,000 $8,273 3.00%
SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) 2 $370,000 $185,000 $7,994 3.00%
Cookeville, TN (FHA|USDA|VA) 2 $370,000 $185,000 $5,704 3.06%
LEBANON, PA (FHA|USDA|VA) 2 $370,000 $185,000 $8,114 3.56%
Brevard, NC (FHA|USDA|VA) 1 $365,000 $365,000 $6,029 2.25%
Mount Sterling, KY (FHA|USDA|VA) 3 $365,000 $121,667 $6,705 3.63%
Georgetown, SC (FHA|USDA|VA) 1 $355,000 $355,000 $9,635 3.25%
JACKSON, TN (FHA|USDA|VA) 2 $350,000 $175,000 $7,936 3.00%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 2 $350,000 $175,000 $8,568 3.19%
Albemarle, NC (FHA|USDA|VA) 2 $350,000 $175,000 $5,972 3.12%
PUNTA GORDA, FL (FHA|USDA|VA) 2 $350,000 $175,000 $4,329 2.56%
Bardstown, KY (FHA|USDA|VA) 2 $350,000 $175,000 $7,533 3.19%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $345,000 $345,000 $18,376 2.75%
Lewisburg, TN (FHA|USDA|VA) 2 $330,000 $165,000 $9,281 3.25%
Bemidji, MN (FHA|USDA|VA) 2 $330,000 $165,000 $5,585 3.44%
SIOUX FALLS, SD (FHA|USDA|VA) 1 $325,000 $325,000 $7,602 3.38%
KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) 2 $320,000 $160,000 $6,040 3.19%
Norwalk, OH (FHA|USDA|VA) 1 $315,000 $315,000 $3,601 3.25%
MANKATO, MN (FHA|USDA|VA) 1 $315,000 $315,000 $10,703 3.50%
LANSING-EAST LANSING, MI (FHA|USDA|VA) 2 $310,000 $155,000 $3,096 2.56%
Union City, TN (FHA|USDA|VA) 1 $305,000 $305,000 $9,570 3.25%
Sandusky, OH (FHA|USDA|VA) 2 $300,000 $150,000 $7,262 3.19%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 2 $290,000 $145,000 $7,537 3.00%
NEW BERN, NC (FHA|USDA|VA) 2 $290,000 $145,000 $5,186 3.06%
Maysville, KY (FHA|USDA|VA) 3 $285,000 $95,000 $4,015 3.46%
Mount Vernon, OH (FHA|USDA|VA) 2 $280,000 $140,000 $4,971 2.94%
New Castle, IN (FHA|USDA|VA) 2 $280,000 $140,000 $5,948 3.38%
Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $280,000 $140,000 $6,221 3.25%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 1 $275,000 $275,000 $7,641 2.50%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $275,000 $275,000 $16,020 2.88%
Scottsburg, IN (FHA|USDA|VA) 1 $255,000 $255,000 $7,959 3.75%
NORWICH-NEW LONDON, CT (FHA|USDA|VA) 1 $255,000 $255,000 $8,409 3.25%
Newport, TN (FHA|USDA|VA) 1 $245,000 $245,000 $13,475 2.75%
Logansport, IN (FHA|USDA|VA) 1 $245,000 $245,000 $3,078 3.13%
THE VILLAGES, FL (FHA|USDA|VA) 1 $225,000 $225,000 $9,014 3.38%
JONESBORO, AR (FHA|USDA|VA) 1 $225,000 $225,000 $6,890 2.75%
SAVANNAH, GA (FHA|USDA|VA) 1 $225,000 $225,000 $8,277 2.25%
Richmond, IN (FHA|USDA|VA) 2 $220,000 $110,000 $5,786 2.81%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 1 $215,000 $215,000 $12,067 2.75%
EAST STROUDSBURG, PA (FHA|USDA|VA) 1 $215,000 $215,000 $9,108 4.13%
GRAND ISLAND, NE (FHA|USDA|VA) 1 $215,000 $215,000 $6,228 2.88%
Richmond-Berea, KY (FHA|USDA|VA) 1 $215,000 $215,000 $2,531 2.63%
VALDOSTA, GA (FHA|USDA|VA) 1 $215,000 $215,000 $12,217 2.88%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $215,000 $215,000 $9,260 3.50%
KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) 1 $205,000 $205,000 $7,401 3.13%
Torrington, CT (FHA|USDA|VA) 1 $195,000 $195,000 $12,374 2.99%
Kearney, NE (FHA|USDA|VA) 1 $195,000 $195,000 $10,638 3.13%
ROCHESTER, MN (FHA|USDA|VA) 1 $195,000 $195,000 $6,999 3.50%
Traverse City, MI (FHA|USDA|VA) 1 $195,000 $195,000 $6,698 3.38%
Cambridge, MD (FHA|USDA|VA) 1 $185,000 $185,000 $7,626 3.50%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $185,000 $185,000 $7,529 3.25%
MACON-BIBB COUNTY, GA (FHA|USDA|VA) 1 $185,000 $185,000 $11,112 3.25%
HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) 1 $185,000 $185,000 $2,230 3.25%
GREENVILLE, NC (FHA|USDA|VA) 1 $185,000 $185,000 $5,521 3.13%
Boone, NC (FHA|USDA|VA) 1 $185,000 $185,000 $10,086 3.45%
Middlesborough, KY (FHA|USDA|VA) 1 $175,000 $175,000 $3,419 3.25%
Urbana, OH (FHA|USDA|VA) 1 $175,000 $175,000 $4,666 3.25%
ANN ARBOR, MI (FHA|USDA|VA) 1 $175,000 $175,000 $3,593 2.63%
Marion, OH (FHA|USDA|VA) 1 $175,000 $175,000 $6,978 3.38%
Mount Airy, NC (FHA|USDA|VA) 1 $175,000 $175,000 $5,718 3.50%
Wilson, NC (FHA|USDA|VA) 1 $175,000 $175,000 $6,941 3.50%
Seneca, SC (FHA|USDA|VA) 1 $175,000 $175,000 $10,175 3.25%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 1 $165,000 $165,000 $6,811 3.38%
Morehead City, NC (FHA|USDA|VA) 1 $165,000 $165,000 $6,256 3.38%
PANAMA CITY, FL (FHA|USDA|VA) 1 $165,000 $165,000 $7,256 3.38%
Plymouth, IN (FHA|USDA|VA) 1 $165,000 $165,000 $6,496 2.88%
Lewistown, PA (FHA|USDA|VA) 1 $165,000 $165,000 $10,970 2.88%
Pottsville, PA (FHA|USDA|VA) 1 $165,000 $165,000 $7,211 2.88%
JACKSON, MI (FHA|USDA|VA) 1 $165,000 $165,000 $6,947 3.25%
ALBANY, GA (FHA|USDA|VA) 1 $165,000 $165,000 $6,717 2.75%
Shelbyville, TN (FHA|USDA|VA) 1 $165,000 $165,000 $6,764 3.50%
Calhoun, GA (FHA|USDA|VA) 1 $165,000 $165,000 $5,757 3.50%
Brainerd, MN (FHA|USDA|VA) 1 $165,000 $165,000 $6,369 3.50%
Bedford, IN (FHA|USDA|VA) 1 $165,000 $165,000 $6,503 2.88%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $165,000 $165,000 $9,954 3.75%
MUSKEGON, MI (FHA|USDA|VA) 1 $165,000 $165,000 $6,096 3.88%
SAGINAW, MI (FHA|USDA|VA) 1 $155,000 $155,000 $8,942 3.25%
GAINESVILLE, FL (FHA|USDA|VA) 1 $155,000 $155,000 $9,517 3.25%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $155,000 $155,000 $5,256 3.00%
RAPID CITY, SD (FHA|USDA|VA) 1 $155,000 $155,000 $6,816 3.38%
DALTON, GA (FHA|USDA|VA) 1 $155,000 $155,000 $9,067 3.25%
Rockingham, NC (FHA|USDA|VA) 1 $155,000 $155,000 $8,189 2.88%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $155,000 $155,000 $5,494 3.25%
Alexandria, MN (FHA|USDA|VA) 1 $145,000 $145,000 $4,608 3.50%
ERIE, PA (FHA|USDA|VA) 1 $145,000 $145,000 $6,780 3.38%
Marion, NC (FHA|USDA|VA) 1 $145,000 $145,000 $8,747 3.50%
COLUMBUS, GA-AL (FHA|USDA|VA) 1 $145,000 $145,000 $1,917 2.75%
Fergus Falls, MN (FHA|USDA|VA) 1 $135,000 $135,000 $4,782 3.50%
LANCASTER, PA (FHA|USDA|VA) 1 $135,000 $135,000 $6,619 3.50%
Lawrenceburg, TN (FHA|USDA|VA) 1 $135,000 $135,000 $9,654 3.25%
Ashland, OH (FHA|USDA|VA) 1 $135,000 $135,000 $6,360 3.38%
Lumberton, NC (FHA|USDA|VA) 1 $135,000 $135,000 $6,173 3.38%
HINESVILLE, GA (FHA|USDA|VA) 1 $135,000 $135,000 $3,826 2.75%
Arkadelphia, AR (FHA|USDA|VA) 1 $125,000 $125,000 $4,959 2.88%
Red Wing, MN (FHA|USDA|VA) 1 $125,000 $125,000 $5,872 3.50%
JOHNSON CITY, TN (FHA|USDA|VA) 1 $125,000 $125,000 $5,318 2.88%
St. Marys, PA (FHA|USDA|VA) 1 $125,000 $125,000 $4,540 2.75%
EVANSVILLE, IN-KY (FHA|USDA|VA) 1 $125,000 $125,000 $7,100 3.25%
FORT SMITH, AR-OK (FHA|USDA|VA) 1 $115,000 $115,000 $4,809 2.88%
Frankfort, KY (FHA|USDA|VA) 1 $115,000 $115,000 $2,767 4.13%
Fairmont, WV (FHA|USDA|VA) 1 $115,000 $115,000 $5,527 3.50%
SUMTER, SC (FHA|USDA|VA) 1 $115,000 $115,000 $2,676 2.63%
Defiance, OH (FHA|USDA|VA) 1 $115,000 $115,000 $6,366 3.63%
Scottsbluff, NE (FHA|USDA|VA) 1 $115,000 $115,000 $4,592 2.99%
TEXARKANA, TX-AR (FHA|USDA|VA) 1 $105,000 $105,000 $6,959 2.88%
HOT SPRINGS, AR (FHA|USDA|VA) 1 $105,000 $105,000 $8,199 2.99%
ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) 1 $95,000 $95,000 $6,098 3.00%
ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) 1 $95,000 $95,000 $4,523 2.88%
Bucyrus-Galion, OH (FHA|USDA|VA) 1 $75,000 $75,000 $4,682 3.50%
Point Pleasant, WV-OH (FHA|USDA|VA) 1 $75,000 $75,000 $2,864 3.38%
BECKLEY, WV (FHA|USDA|VA) 1 $55,000 $55,000 $4,191 3.25%

Polaris Home Funding Corp.'s top markets include Cincinnati, Weirton, Canton, Columbus, and London among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,535 $288,525,000 $187,964 $4,742 3.20%
FHA 800 $130,530,000 $163,163 $7,773 3.32%
USDA 264 $37,620,000 $142,500 $5,810 3.21%
VA 210 $44,370,000 $211,286 $7,782 3.01%

For the 2021 period, Polaris Home Funding Corp.'s most frequently originated loan type of loans were Conventional, with 1,535 originations. Their 2nd most popular type is FHA, with 800 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,509 $255,985,000 $169,639 $5,751 3.29%
Cash Out Refi 700 $134,610,000 $192,300 $7,344 3.24%
Refi 479 $86,545,000 $180,678 $4,181 2.93%
Other 105 $20,475,000 $195,000 $7,326 3.30%
Home Improvement 16 $3,430,000 $214,375 $4,912 3.14%

For the 2021, Polaris Home Funding Corp.'s most frequently cited loan purpose of loans were Home Purchase, with 1,509 originations. The 2nd most popular reason of loans were Cash Out Refi, with 700 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 2,502 $448,090,000 $179,093 $6,110 3.27%
15 Year 204 $35,350,000 $173,284 $4,372 2.65%
20 Year 55 $8,715,000 $158,455 $4,446 3.22%
Other 42 $7,890,000 $187,857 $5,559 3.07%
10 Year 6 $1,000,000 $166,667 $2,109 2.63%

For the 2021, Polaris Home Funding Corp.'s most frequently cited loan length of loans were 30 Year, with 2,502 originations. The 2nd most popular length of loans were 15 Year, with 204 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$3k-4k 774 $138,410,000 $178,824
$2k-3k 601 $90,995,000 $151,406
$1k-2k 583 $97,315,000 $166,921
$<1k 406 $66,240,000 $163,153
$5k+ 283 $76,155,000 $269,099

$6,110 of loans were Polaris Home Funding Corp.'s average total fees, while their most frequently occuring range of origination fees were in the $3k-4k bucket, with 774 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 1,778 $303,570,000 $170,737
2.5-3% 806 $156,380,000 $194,020
<2.5% 151 $29,715,000 $196,788
4-5% 74 $11,380,000 $153,784

During 2021, Polaris Home Funding Corp.'s average interest rate of loans were 3.27%, while their most frequently originated rate bucket of loans were 3-4%, with 1,778 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 1,654 $246,280,000 $148,900 $5,611 3.23%
$200k-400k 779 $205,465,000 $263,755 $7,145 3.12%
$100,000 or less 326 $25,970,000 $79,663 $4,227 3.40%
$400k-600k 48 $21,930,000 $456,875 $8,768 3.13%
$600k-1MM 2 $1,400,000 $700,000 $12,263 3.00%

2021 saw Polaris Home Funding Corp. place emphasis on $100k-200k loans with 1,654 originations, totaling $246,280,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k or less 1,071 $148,585,000 $138,735 $5,614 3.27%
$50k-75k 885 $153,955,000 $173,960 $6,202 3.25%
$75k-100k 429 $89,245,000 $208,030 $6,119 3.16%
$100k-150k 300 $71,790,000 $239,300 $5,923 3.12%
$150k-250k 106 $31,610,000 $298,208 $6,558 3.04%
$250k+ 18 $5,860,000 $325,556 $3,921 2.86%

Polaris Home Funding Corp. lent most frequently to those with incomes in the $50k or less range, with 1,071 originations. The second most popular income band? $50k-75k, with 885 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 516 $84,420,000 $163,605 $4,827 3.18%
30-36% 474 $83,400,000 $175,949 $5,787 3.23%
50-60% 233 $42,145,000 $180,880 $7,986 3.23%
44% 142 $27,490,000 $193,592 $6,068 3.28%
<20% 136 $23,800,000 $175,000 $4,747 3.05%
40% 116 $20,270,000 $174,741 $5,896 3.26%
43% 110 $20,710,000 $188,273 $6,025 3.30%
42% 106 $18,570,000 $175,189 $5,631 3.24%
37% 103 $17,275,000 $167,718 $5,979 3.32%
38% 94 $17,550,000 $186,702 $6,030 3.32%
41% 94 $17,170,000 $182,660 $6,279 3.21%
39% 82 $15,190,000 $185,244 $6,344 3.23%
36% 74 $14,200,000 $191,892 $5,880 3.22%
49% 74 $15,510,000 $209,595 $6,316 3.17%
45% 66 $10,830,000 $164,091 $6,200 3.16%
48% 59 $11,545,000 $195,678 $6,674 3.12%
>60% 57 $9,855,000 $172,895 $7,034 3.34%
47% 51 $9,635,000 $188,922 $6,891 3.20%
46% 48 $8,940,000 $186,250 $6,400 3.26%

Polaris Home Funding Corp. lent most frequently to those with DTI ratios of 20-30%, with 516 originations. The next most common DTI ratio? 30-36%, with 474 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 2,607 $462,805,000 $177,524 $5,819 3.22%
Black 139 $25,735,000 $185,144 $7,959 3.26%
Not provided 30 $5,660,000 $188,667 $5,535 3.30%
Asian 18 $3,410,000 $189,444 $6,270 2.98%
Not applicable 5 $1,065,000 $213,000 $9,285 3.50%
Native Hawaiian 5 $1,015,000 $203,000 $8,888 3.20%
Other Asian 2 $830,000 $415,000 $3,501 2.81%
Asian Indian 1 $235,000 $235,000 $2,522 2.13%
Chinese 1 $165,000 $165,000 $9,555 3.00%
Filipino 1 $125,000 $125,000 $4,026 3.63%

Approval Rates

Total approvals of all applications
92.62%

Polaris Home Funding Corp. has an average approval rate.

Pick Rate

Approvals leading to origination
77.22%

Polaris Home Funding Corp. has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 2,809 $501,045,000 $178,371

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
2,809 $501,045,000 $178,371

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 38 $5,920,000 $155,789 $4,255 2.96%
40-60% 182 $31,130,000 $171,044 $5,122 3.06%
60-80% 864 $160,030,000 $185,220 $5,639 3.19%
80-100% 1,688 $295,820,000 $175,249 $6,118 3.26%
Over 100% 34 $7,670,000 $225,588 $10,599 3.24%
Under 20% 3 $475,000 $158,333 $5,690 2.88%