Mycumortgage Rates, Fees & Info
BEAVERCREEK, OHLEI: 5493006HFDG31YJ3MM36
Tax ID: 31-1690008
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Mycumortgage is a smaller mortgage company specializing in Home Purchase loans. They have a a high proportion of FHA loans. Mycumortgage has an average proportion of conventional loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Dayton, Chicago, Cincinnati, Cleveland, and Columbus among others. We have data for 154 markets. (Some data included below & more in-depth data is available with an active subscription.)Mycumortgage 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. Mycumortgage 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 | 6.99% | 4/21/24 |
| 30 Year Conventional Refi | 6.82% | 4/21/24 |
| 30 Year Cash-out Refi | 7.17% | 4/21/24 |
| 30 Year FHA Purchase | 7.40% | 4/21/24 |
| 30 Year FHA Refi | 6.83% | 4/21/24 |
| 30 Year VA Purchase | 6.34% | 4/21/24 |
| 30 Year USDA Purchase | 6.87% | 4/21/24 |
| 15 Year Conventional Purchase | 6.16% | 4/21/24 |
| 15 Year Conventional Refi | 6.24% | 4/21/24 |
| 15 Year Cash-out Refi | 6.24% | 4/21/24 |
| 15 Year FHA Purchase | 7.14% | 4/21/24 |
| 15 Year VA Purchase | 5.68% | 4/21/24 |
| 15 Year VA Refi | 6.58% | 4/21/24 |
| 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. | ||
Mycumortgage Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Mycumortgage. 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
1,818Origination Dollar Volume (All Markets)
$243,750,000Awards
MYCUMORTGAGE - 2019
MYCUMORTGAGE is a 2019 , due to their low .
For 2019, less than of lenders were eligible for this award.
Work for MYCUMORTGAGE?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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 |
|---|---|---|---|---|---|
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 329 | $39,045,000 | $118,678 | $4,526 | 3.95% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 111 | $19,885,000 | $179,144 | $6,744 | 3.65% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 102 | $15,400,000 | $150,980 | $4,854 | 4.01% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 125 | $14,935,000 | $119,480 | $4,628 | 4.23% |
| COLUMBUS, OH (FHA|USDA|VA) | 90 | $14,330,000 | $159,222 | $5,190 | 4.05% |
| CANTON-MASSILLON, OH (FHA|USDA|VA) | 97 | $11,015,000 | $113,557 | $4,121 | 3.97% |
| Outside of Metro Areas | 74 | $9,370,000 | $126,622 | $4,520 | 3.99% |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA (FHA|USDA|VA) | 72 | $7,070,000 | $98,194 | $4,101 | 4.08% |
| LOUISVILLE, KY (FHA|USDA|VA) | 39 | $5,955,000 | $152,692 | $4,156 | 3.99% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 50 | $5,760,000 | $115,200 | $4,683 | 3.75% |
| AKRON, OH (FHA|USDA|VA) | 49 | $5,655,000 | $115,408 | $4,141 | 4.06% |
| LIMA, OH (FHA|USDA|VA) | 43 | $5,085,000 | $118,256 | $4,680 | 3.90% |
| SPRINGFIELD, OH (FHA|USDA|VA) | 41 | $4,685,000 | $114,268 | $4,561 | 4.03% |
| STAUNTON, VA (FHA|USDA|VA) | 28 | $4,330,000 | $154,643 | $5,174 | 3.87% |
| RICHMOND, VA (FHA|USDA|VA) | 16 | $3,770,000 | $235,625 | $6,812 | 3.77% |
| HARRISONBURG, VA (FHA|USDA|VA) | 20 | $3,500,000 | $175,000 | $5,498 | 3.81% |
| Ashtabula, OH (FHA|USDA|VA) | 26 | $3,220,000 | $123,846 | $5,087 | 4.09% |
| KNOXVILLE, TN (FHA|USDA|VA) | 17 | $2,765,000 | $162,647 | $5,704 | 3.83% |
| Portsmouth, OH (FHA|USDA|VA) | 23 | $2,465,000 | $107,174 | $4,304 | 3.78% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 8 | $2,460,000 | $307,500 | $4,893 | 3.80% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 18 | $2,330,000 | $129,444 | $3,464 | 4.53% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 9 | $2,165,000 | $240,556 | $6,598 | 4.14% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 17 | $2,095,000 | $123,235 | $5,082 | 3.79% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 12 | $2,020,000 | $168,333 | $4,555 | 3.85% |
| TOLEDO, OH (FHA|USDA|VA) | 18 | $1,850,000 | $102,778 | $3,645 | 3.97% |
| Sandusky, OH (FHA|USDA|VA) | 14 | $1,640,000 | $117,143 | $4,626 | 3.93% |
| FLINT, MI (FHA|USDA|VA) | 13 | $1,585,000 | $121,923 | $4,379 | 4.08% |
| MUNCIE, IN (FHA|USDA|VA) | 19 | $1,465,000 | $77,105 | $2,996 | 4.05% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 10 | $1,420,000 | $142,000 | $6,023 | 4.04% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 8 | $1,400,000 | $175,000 | $6,094 | 3.97% |
| CHARLESTON, WV (FHA|USDA|VA) | 12 | $1,280,000 | $106,667 | $4,930 | 4.02% |
| YUMA, AZ (FHA|USDA|VA) | 11 | $1,255,000 | $114,091 | $5,806 | 3.80% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 6 | $1,170,000 | $195,000 | $3,005 | 4.08% |
| Celina, OH (FHA|USDA|VA) | 10 | $1,150,000 | $115,000 | $4,536 | 4.06% |
| New Castle, IN (FHA|USDA|VA) | 11 | $1,055,000 | $95,909 | $3,539 | 4.17% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 5 | $985,000 | $197,000 | $6,160 | 3.53% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 5 | $965,000 | $193,000 | $5,428 | 3.78% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 8 | $960,000 | $120,000 | $2,006 | 4.06% |
| Wilmington, OH (FHA|USDA|VA) | 5 | $925,000 | $185,000 | $6,097 | 3.98% |
| Findlay, OH (FHA|USDA|VA) | 8 | $920,000 | $115,000 | $4,527 | 3.88% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $9,699 | 4.81% |
| JOHNSON CITY, TN (FHA|USDA|VA) | 5 | $845,000 | $169,000 | $6,421 | 4.53% |
| Urbana, OH (FHA|USDA|VA) | 7 | $835,000 | $119,286 | $4,868 | 3.77% |
| Wapakoneta, OH (FHA|USDA|VA) | 6 | $820,000 | $136,667 | $5,139 | 4.00% |
| Richmond, IN (FHA|USDA|VA) | 10 | $820,000 | $82,000 | $2,960 | 4.23% |
| MEDFORD, OR (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $6,327 | 4.69% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 5 | $795,000 | $159,000 | $5,211 | 4.13% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $7,103 | 3.83% |
| Defiance, OH (FHA|USDA|VA) | 7 | $695,000 | $99,286 | $4,200 | 4.13% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $6,503 | 3.71% |
| MANCHESTER-NASHUA, NH (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $6,813 | 3.50% |
| Bellefontaine, OH (FHA|USDA|VA) | 4 | $630,000 | $157,500 | $5,273 | 3.84% |
| Lock Haven, PA (FHA|USDA|VA) | 4 | $610,000 | $152,500 | $5,490 | 4.22% |
| SALEM, OR (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $8,874 | 3.63% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $5,054 | 4.17% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $5,822 | 4.56% |
| Sidney, OH (FHA|USDA|VA) | 4 | $570,000 | $142,500 | $5,140 | 4.03% |
| Zanesville, OH (FHA|USDA|VA) | 4 | $520,000 | $130,000 | $5,297 | 3.94% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $7,854 | 3.63% |
| Natchitoches, LA (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $6,293 | 3.88% |
| Bardstown, KY (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $6,035 | 3.96% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $9,005 | 3.94% |
| Kalispell, MT (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $7,025 | 4.38% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $9,119 | 3.75% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 6 | $420,000 | $70,000 | $4,419 | 4.10% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $6,242 | 3.56% |
| Newport, TN (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $4,460 | 3.75% |
| MORRISTOWN, TN (FHA|USDA|VA) | 5 | $405,000 | $81,000 | $4,096 | 4.20% |
| BATON ROUGE, LA (FHA|USDA|VA) | 3 | $405,000 | $135,000 | $5,104 | 3.79% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $6,548 | 3.94% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $5,400 | 4.25% |
| New Philadelphia-Dover, OH (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $3,756 | 4.08% |
| Richmond-Berea, KY (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $4,965 | 4.50% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $4,687 | 3.56% |
| Jasper, IN (FHA|USDA|VA) | 5 | $365,000 | $73,000 | $3,433 | 4.03% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $2,834 | 3.50% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $8,600 | 4.25% |
| COLUMBUS, IN (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $4,241 | 4.38% |
| Fremont, OH (FHA|USDA|VA) | 4 | $340,000 | $85,000 | $3,337 | 3.72% |
| Keene, NH (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $5,868 | 4.06% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 3 | $325,000 | $108,333 | $4,079 | 4.00% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $7,213 | 3.88% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $4,952 | 3.25% |
| Athens, OH (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $10,025 | 4.13% |
| OCALA, FL (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $4,010 | 4.75% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,599 | 4.00% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $4,110 | 4.63% |
| Rochelle, IL (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $5,233 | 4.13% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $11,098 | 4.50% |
| Wooster, OH (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $3,105 | 4.25% |
| Hobbs, NM (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $4,044 | 4.50% |
| Marietta, OH (FHA|USDA|VA) | 2 | $270,000 | $135,000 | $5,198 | 4.44% |
| Concord, NH (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,467 | 3.88% |
| Point Pleasant, WV-OH (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $4,640 | 3.88% |
| DuBois, PA (FHA|USDA|VA) | 3 | $255,000 | $85,000 | $4,281 | 3.75% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $3,588 | 3.88% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $4,740 | 4.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,177 | 4.13% |
| Ashland, OH (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $4,521 | 3.94% |
| Coshocton, OH (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $7,280 | 3.38% |
| BECKLEY, WV (FHA|USDA|VA) | 3 | $235,000 | $78,333 | $4,703 | 4.08% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $8,950 | 3.38% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,607 | 3.88% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,417 | 3.88% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,770 | 3.75% |
| BURLINGTON, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,652 | 3.50% |
| Torrington, CT (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,709 | 4.38% |
| HAMMOND, LA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $8,336 | 3.63% |
| Mount Gay-Shamrock, WV (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $5,939 | 3.75% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $3,188 | 3.81% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,270 | 4.38% |
| Salem, OH (FHA|USDA|VA) | 3 | $205,000 | $68,333 | $3,340 | 4.46% |
| Seymour, IN (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $4,176 | 4.19% |
| Frankfort, KY (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $3,484 | 4.56% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,897 | 3.38% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,437 | 4.50% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,722 | 4.13% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,432 | 3.88% |
| Murray, KY (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $3,025 | 4.06% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,036 | 4.25% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,814 | 3.50% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,847 | 3.63% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,488 | 4.25% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 4.00% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 2 | $140,000 | $70,000 | $3,020 | 4.13% |
| Mayfield, KY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,924 | 4.38% |
| Mount Vernon, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,770 | 3.88% |
| Jackson, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,497 | 3.75% |
| Paducah, KY-IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,180 | 3.88% |
| Van Wert, OH (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $3,588 | 3.81% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,983 | 4.25% |
| Sunbury, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,812 | 3.63% |
| PITTSBURGH, PA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $4,940 | 4.00% |
| Bluffton, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,874 | 3.75% |
| Greenville, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,639 | 4.13% |
| Meadville, PA (FHA|USDA|VA) | 2 | $110,000 | $55,000 | $3,584 | 4.63% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $6,892 | 4.00% |
| Danville, KY (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,093 | 4.25% |
| Norwalk, OH (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,023 | 4.50% |
| Cambridge, OH (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,869 | 4.75% |
| Chillicothe, OH (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,565 | 3.38% |
| DANVILLE, IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,329 | 3.88% |
| SAGINAW, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,064 | 3.38% |
| Bedford, IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,444 | 4.13% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,153 | 4.25% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,079 | 3.88% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,200 | 4.00% |
| MUSKEGON, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,032 | 3.38% |
| Maysville, KY (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,667 | 4.00% |
| Bucyrus-Galion, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,448 | 3.75% |
| Bradford, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,709 | 3.00% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,810 | 4.00% |
| Taylorville, IL (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $3,080 | 5.63% |
| Marion, IN (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $3,390 | 3.13% |
Similar Lenders
We use machine learning to identify the top lenders compared against MYCUMORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 12
Similarity Rank: 33
Similarity Rank: 48
Similarity Rank: 55
Similarity Rank: 64
Similarity Rank: 72
Similarity Rank: 76
Similarity Rank: 85
Similarity Rank: 88
Similarity Rank: 112
Product Mix
For 2019, Mycumortgage's most frequently originated type of loan was FHA, with 1,294 originations. Their 2nd most popular type was Conventional, with 436 originations.
Loan Reason
For 2019, Mycumortgage's most frequently cited loan purpose was Home Purchase, with 1,499 originations. The 2nd most popular reason was Cash Out Refi, with 175 originations.
Loan Duration/Length
For 2019, Mycumortgage's most frequently cited loan duration was 30 Year, with 1,662 originations. The 2nd most popular length was 15 Year, with 119 originations.
Origination Fees/Closing Costs
Mycumortgage's average total fees were $4,933, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,156 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,025 | $139,425,000 | $136,024 |
| 4-5% | 719 | $94,755,000 | $131,787 |
| 5-6% | 48 | $5,400,000 | $112,500 |
| 2.5-3% | 26 | $4,170,000 | $160,385 |
During 2019, Mycumortgage's average interest rate for loans was 3.99%, while their most frequently originated rate bucket for loans was 3-4%, with 1,025 originations.
Loan Sizing
2019 saw Mycumortgage place emphasis on $100k-200k loans with 880 originations, totaling $123,780,000 in origination value.
Applicant Income
Mycumortgage lent most frequently to those with incomes in the $50k or less range, with 700 originations. The second most popular income band? $50k-75k, with 583 originations.
Applicant Debt to Income Ratio
Mycumortgage lent most frequently to those with DTI ratios of 30-36%, with 359 originations. The next most common DTI ratio? 20-30%, with 350 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.40%
Mycumortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination87.46%
Mycumortgage has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,818 | $243,750,000 | $134,076 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 43 | $4,335,000 | $100,814 |
| Single Family (1-4 Units):Site-Built | 1,775 | $239,415,000 | $134,882 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2019 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| MCCUE MORTGAGE COMPANY, THE | Conventional home mortgage | Trouble during payment process | 1 | 100.0% |