Axia Financial Mortgage Rates, Fees & Info

BELLEVUE, WA

LEI: 5493006TY8FGNLX44X28

Tax ID: 26-0455770

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

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  • SimulatedRates™
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    • Mortgage Data

  • Originations
  • Top Markets
  • Product Mix
  • Loan Reason
  • Typical Rates
  • Loan Sizes
  • Dwelling Types
  • Complaints
  • Similar Lenders
  • Loan Length
  • Loan to Value Info
  • Debt-to-Income
  • Applicant Income
  • Ethnicity Info
  • Approval & Pick Rates
  • Points and Fees
  • Origination Fees (Closing Costs)

    • Review & Overview

    Axia Financial is a small mortgage company specializing in Home Purchase and Refi loans. Axia Financial has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Seattle, Minneapolis, Las Vegas, Kahului, and Phoenix among others. We have data for 128 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Axia Financial 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. Axia Financial 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 6.81% 11/23/24
    30 Year Conventional Refi 6.77% 11/23/24
    30 Year FHA Purchase 7.53% 11/23/24
    30 Year FHA Refi 7.28% 11/23/24
    30 Year VA Purchase 6.43% 11/23/24
    30 Year VA Refi 6.42% 11/23/24
    30 Year USDA Purchase 6.77% 11/23/24
    15 Year Conventional Purchase 7.51% 11/23/24
    15 Year Conventional Refi 6.31% 11/23/24
    15 Year Cash-out Refi 6.31% 11/23/24
    15 Year FHA Purchase 7.03% 11/23/24
    15 Year VA Refi 7.31% 11/23/24
    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.

    Axia Financial Mortgage Calculator






    Your Estimates

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

    This is not an official calculator from Axia Financial. 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

    4,715

    Origination Dollar Volume (All Markets)

    $1,382,085,000
    Show all (15) awards

    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
    Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 659 $281,635,000 $427,367 $7,069 4.34%
    MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 660 $166,030,000 $251,561 $4,853 4.24%
    LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 557 $147,385,000 $264,605 $5,723 4.48%
    KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 179 $96,325,000 $538,128 $7,581 4.44%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 272 $73,860,000 $271,544 $4,654 4.45%
    RENO, NV (FHA|USDA|VA) 238 $73,190,000 $307,521 $4,480 4.30%
    PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 167 $54,185,000 $324,461 $6,213 4.22%
    BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 108 $35,480,000 $328,519 $6,404 4.34%
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 124 $33,270,000 $268,306 $6,055 4.21%
    OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 118 $32,950,000 $279,237 $5,596 4.47%
    TWIN FALLS, ID (FHA|USDA|VA) 202 $32,190,000 $159,356 $4,739 4.36%
    BOISE CITY, ID (FHA|USDA|VA) 125 $29,965,000 $239,720 $5,756 4.31%
    PROVO-OREM, UT (FHA|USDA|VA) 102 $28,830,000 $282,647 $4,956 4.26%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 75 $26,615,000 $354,867 $6,273 4.30%
    Outside of Metro Areas 108 $21,330,000 $197,500 $4,529 4.49%
    Pahrump, NV (FHA|USDA|VA) 102 $17,570,000 $172,255 $5,501 4.94%
    LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 85 $16,325,000 $192,059 $5,090 4.48%
    Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 33 $14,635,000 $443,485 $6,553 4.41%
    Klamath Falls, OR (FHA|USDA|VA) 83 $14,035,000 $169,096 $4,636 4.44%
    SALT LAKE CITY, UT (FHA|USDA|VA) 42 $13,940,000 $331,905 $5,498 4.44%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 49 $13,105,000 $267,449 $5,548 4.60%
    Susanville, CA (FHA|USDA|VA) 74 $12,340,000 $166,757 $5,309 4.51%
    REDDING, CA (FHA|USDA|VA) 44 $10,650,000 $242,045 $5,346 4.48%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 35 $8,295,000 $237,000 $4,740 4.24%
    Shelton, WA (FHA|USDA|VA) 28 $6,980,000 $249,286 $6,147 4.45%
    Hilo, HI (FHA|USDA|VA) 23 $6,755,000 $293,696 $5,794 4.31%
    OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 11 $6,255,000 $568,636 $8,658 4.39%
    SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 16 $6,150,000 $384,375 $5,418 4.55%
    SALEM, OR (FHA|USDA|VA) 19 $5,445,000 $286,579 $5,421 4.30%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 16 $4,980,000 $311,250 $7,086 4.20%
    Centralia, WA (FHA|USDA|VA) 16 $4,220,000 $263,750 $4,707 4.66%
    OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 17 $4,195,000 $246,765 $4,626 4.43%
    Fernley, NV (FHA|USDA|VA) 17 $4,005,000 $235,588 $3,848 4.04%
    San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 7 $3,925,000 $560,714 $5,912 4.14%
    TUCSON, AZ (FHA|USDA|VA) 20 $3,890,000 $194,500 $4,496 4.88%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 7 $3,545,000 $506,429 $6,923 4.13%
    CARSON CITY, NV (FHA|USDA|VA) 9 $3,195,000 $355,000 $4,460 4.00%
    FLAGSTAFF, AZ (FHA|USDA|VA) 10 $3,180,000 $318,000 $5,895 4.81%
    Oak Harbor, WA (FHA|USDA|VA) 9 $2,965,000 $329,444 $6,227 4.61%
    Burley, ID (FHA|USDA|VA) 19 $2,465,000 $129,737 $3,177 4.30%
    Winnemucca, NV (FHA|USDA|VA) 10 $2,210,000 $221,000 $4,088 4.78%
    ALBANY-LEBANON, OR (FHA|USDA|VA) 6 $2,180,000 $363,333 $6,800 4.40%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 10 $2,090,000 $209,000 $5,103 4.91%
    Fallon, NV (FHA|USDA|VA) 9 $1,995,000 $221,667 $4,609 4.42%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 7 $1,775,000 $253,571 $4,481 4.55%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 7 $1,665,000 $237,857 $3,998 4.25%
    Ellensburg, WA (FHA|USDA|VA) 5 $1,555,000 $311,000 $6,423 4.43%
    Brainerd, MN (FHA|USDA|VA) 5 $1,455,000 $291,000 $6,321 4.13%
    Aberdeen, WA (FHA|USDA|VA) 7 $1,425,000 $203,571 $4,040 4.50%
    Newport, OR (FHA|USDA|VA) 5 $1,365,000 $273,000 $6,147 4.35%
    LONGVIEW, WA (FHA|USDA|VA) 5 $1,305,000 $261,000 $3,397 4.25%
    Moses Lake, WA (FHA|USDA|VA) 4 $1,300,000 $325,000 $8,945 4.88%
    BELLINGHAM, WA (FHA|USDA|VA) 4 $1,150,000 $287,500 $4,091 4.97%
    FRESNO, CA (FHA|USDA|VA) 4 $1,130,000 $282,500 $6,144 3.63%
    BAKERSFIELD, CA (FHA|USDA|VA) 4 $1,120,000 $280,000 $5,442 4.06%
    Gardnerville Ranchos, NV (FHA|USDA|VA) 4 $1,090,000 $272,500 $3,303 3.88%
    Red Bluff, CA (FHA|USDA|VA) 5 $1,085,000 $217,000 $7,893 4.18%
    COLUMBIA, SC (FHA|USDA|VA) 6 $1,080,000 $180,000 $4,867 4.38%
    Faribault-Northfield, MN (FHA|USDA|VA) 4 $1,020,000 $255,000 $4,751 4.13%
    URBAN HONOLULU, HI (FHA|USDA|VA) 2 $1,010,000 $505,000 $4,820 3.81%
    ST. GEORGE, UT (FHA|USDA|VA) 3 $1,005,000 $335,000 $4,393 4.00%
    WENATCHEE, WA (FHA|USDA|VA) 2 $960,000 $480,000 $15,257 4.63%
    Red Wing, MN (FHA|USDA|VA) 4 $890,000 $222,500 $5,229 3.97%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 1 $885,000 $885,000 $13,200 4.25%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $865,000 $288,333 $5,529 3.96%
    Granbury, TX (FHA|USDA|VA) 2 $810,000 $405,000 $6,685 4.19%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $785,000 $261,667 $5,299 4.38%
    Elko, NV (FHA|USDA|VA) 3 $785,000 $261,667 $5,339 4.33%
    Albert Lea, MN (FHA|USDA|VA) 6 $780,000 $130,000 $3,668 3.85%
    Hutchinson, MN (FHA|USDA|VA) 4 $770,000 $192,500 $3,057 3.91%
    Heber, UT (FHA|USDA|VA) 2 $720,000 $360,000 $6,185 4.19%
    KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 3 $675,000 $225,000 $4,644 4.33%
    Outside of Metro Areas 3 $675,000 $225,000 $5,254 4.67%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 3 $655,000 $218,333 $5,013 4.58%
    SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 3 $615,000 $205,000 $4,871 4.04%
    ST. CLOUD, MN (FHA|USDA|VA) 3 $605,000 $201,667 $3,455 4.33%
    EL CENTRO, CA (FHA|USDA|VA) 2 $540,000 $270,000 $4,826 4.00%
    STOCKTON, CA (FHA|USDA|VA) 2 $530,000 $265,000 $6,486 4.75%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 1 $515,000 $515,000 $4,507 3.88%
    MANKATO, MN (FHA|USDA|VA) 2 $500,000 $250,000 $5,050 4.56%
    BEND, OR (FHA|USDA|VA) 2 $500,000 $250,000 $4,365 4.88%
    Fredericksburg, TX (FHA|USDA|VA) 1 $485,000 $485,000 $10,714 3.75%
    Ontario, OR-ID (FHA|USDA|VA) 3 $455,000 $151,667 $4,528 4.58%
    MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $405,000 $405,000 $4,498 4.38%
    Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $395,000 $395,000 $4,063 4.75%
    Cullowhee, NC (FHA|USDA|VA) 1 $385,000 $385,000 $4,070 4.75%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $370,000 $185,000 $6,791 4.69%
    PUEBLO, CO (FHA|USDA|VA) 3 $355,000 $118,333 $3,954 5.79%
    MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 1 $355,000 $355,000 $1,208 3.75%
    PITTSBURGH, PA (FHA|USDA|VA) 2 $330,000 $165,000 $3,958 4.25%
    CHICO, CA (FHA|USDA|VA) 2 $320,000 $160,000 $4,290 4.50%
    SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $315,000 $315,000 $4,545 4.50%
    DULUTH, MN-WI (FHA|USDA|VA) 2 $310,000 $155,000 $2,956 4.56%
    Eureka-Arcata, CA (FHA|USDA|VA) 1 $305,000 $305,000 $7,545 4.25%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $300,000 $150,000 $4,615 4.94%
    ROCHESTER, MN (FHA|USDA|VA) 1 $295,000 $295,000 $5,954 4.13%
    CORVALLIS, OR (FHA|USDA|VA) 1 $295,000 $295,000 $10,645 4.25%
    Hailey, ID (FHA|USDA|VA) 2 $290,000 $145,000 $4,392 4.38%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $290,000 $145,000 $4,910 4.69%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $275,000 $275,000 $5,146 3.75%
    Rexburg, ID (FHA|USDA|VA) 1 $275,000 $275,000 $3,580 3.63%
    Roseburg, OR (FHA|USDA|VA) 1 $275,000 $275,000 $7,757 5.00%
    PUNTA GORDA, FL (FHA|USDA|VA) 1 $275,000 $275,000 $11,466 4.00%
    MERCED, CA (FHA|USDA|VA) 1 $255,000 $255,000 $1,826 4.13%
    Coos Bay, OR (FHA|USDA|VA) 1 $235,000 $235,000 $8,641 5.63%
    GRANTS PASS, OR (FHA|USDA|VA) 1 $235,000 $235,000 $4,409 4.63%
    Astoria, OR (FHA|USDA|VA) 1 $225,000 $225,000 $4,502 5.75%
    LA CROSSE-ONALASKA, WI-MN (FHA|USDA|VA) 1 $225,000 $225,000 $9,250 4.88%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $215,000 $215,000 $4,740 4.00%
    Mountain Home, ID (FHA|USDA|VA) 1 $205,000 $205,000 $8,524 4.13%
    EL PASO, TX (FHA|USDA|VA) 1 $205,000 $205,000 $4,010 4.38%
    Alexandria, MN (FHA|USDA|VA) 1 $205,000 $205,000 $3,394 4.88%
    Port Angeles, WA (FHA|USDA|VA) 1 $205,000 $205,000 $4,077 4.88%
    POCATELLO, ID (FHA|USDA|VA) 1 $195,000 $195,000 $5,494 3.88%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 1 $185,000 $185,000 $2,963 4.88%
    WACO, TX (FHA|USDA|VA) 3 $185,000 $61,667 $4,838 5.42%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 1 $175,000 $175,000 $4,657 4.00%
    SHEBOYGAN, WI (FHA|USDA|VA) 1 $165,000 $165,000 $2,884 4.00%
    Orangeburg, SC (FHA|USDA|VA) 1 $165,000 $165,000 $2,200 4.63%
    Price, UT (FHA|USDA|VA) 1 $165,000 $165,000 $5,135 3.88%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $155,000 $155,000 $6,584 4.50%
    SUMTER, SC (FHA|USDA|VA) 1 $145,000 $145,000 $3,563 4.00%
    SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 1 $135,000 $135,000 $3,343 4.00%
    Owatonna, MN (FHA|USDA|VA) 1 $125,000 $125,000 $2,829 4.63%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 1 $105,000 $105,000 $2,860 4.38%
    Hermiston-Pendleton, OR (FHA|USDA|VA) 1 $95,000 $95,000 $3,044 5.75%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $95,000 $95,000 $3,451 4.88%
    Austin, MN (FHA|USDA|VA) 1 $75,000 $75,000 $3,609 4.25%
    Axia Financial's top markets include Seattle, Minneapolis, Las Vegas, Kahului, and Phoenix among others.

    Their top states include:
  • Washington (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Minnesota (FHA|USDA|VA)
  • Hawaii (FHA|USDA|VA)
  • California (FHA|USDA|VA)

    • Similar Lenders

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

    MYPOINT Credit Union
    Similarity Rank: 147
    ONE NEVADA CREDIT UNION
    Similarity Rank: 168
    CREDIT UNION WEST
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    State Bank of Southern Utah
    Similarity Rank: 189
    Jordan Federal Credit Union
    Similarity Rank: 245
    HERITAGE COMMUNITY CREDIT UNION
    Similarity Rank: 318
    First Federal Savings Bank of Twin Falls
    Similarity Rank: 336
    Great Basin Federal Credit Union
    Similarity Rank: 360
    OneAZ Credit Union
    Similarity Rank: 390
    Citizens Bank
    Similarity Rank: 390

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 3,481 $1,046,685,000 $300,685 $5,094 4.39%
    FHA 698 $173,970,000 $249,241 $7,365 4.53%
    VA 456 $145,760,000 $319,649 $7,054 4.14%
    USDA 80 $15,670,000 $195,875 $4,030 4.03%

    For 2019, Axia Financial's most frequently originated type of loan was Conventional, with 3,481 originations. Their 2nd most popular type was FHA, with 698 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 3,438 $998,930,000 $290,556 $5,781 4.43%
    Refi 1,277 $383,155,000 $300,043 $5,134 4.25%

    For 2019, Axia Financial's most frequently cited loan purpose was Home Purchase, with 3,438 originations. The 2nd most popular reason was Refi, with 1,277 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 4,411 $1,330,555,000 $301,645 $5,768 4.40%
    15 Year 150 $36,460,000 $243,067 $4,456 3.89%
    10 Year 103 $1,515,000 $14,709 $359 4.41%
    20 Year 37 $9,745,000 $263,378 $4,815 4.18%
    Other 14 $3,810,000 $272,143 $4,171 4.23%

    For 2019, Axia Financial's most frequently cited loan duration was 30 Year, with 4,411 originations. The 2nd most popular length was 15 Year, with 150 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,824 $546,740,000 $299,748
    $2k-3k 917 $241,225,000 $263,059
    $<1k 701 $149,755,000 $213,631
    $3k-4k 556 $160,920,000 $289,424
    $5k+ 402 $179,750,000 $447,139
    $4k-5k 310 $102,590,000 $330,935

    Axia Financial's average total fees were $5,768, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,824 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 2,310 $681,910,000 $295,199
    3-4% 1,701 $521,245,000 $306,434
    5-6% 631 $169,505,000 $268,629
    6-7% 31 $6,915,000 $223,065
    <2.5% 27 $175,000 $6,481
    7-8% 10 $790,000 $79,000
    2.5-3% 5 $1,545,000 $309,000

    During 2019, Axia Financial's average interest rate for loans was 4.40%, while their most frequently originated rate bucket for loans was 4-5%, with 2,310 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 2,558 $727,260,000 $284,308 $5,703 4.36%
    $100k-200k 1,074 $168,070,000 $156,490 $4,430 4.49%
    $400k-600k 620 $290,220,000 $468,097 $7,198 4.29%
    $100,000 or less 237 $9,735,000 $41,076 $1,939 4.33%
    $600k-1MM 191 $137,265,000 $718,665 $8,919 4.42%
    $1MM+ 35 $49,535,000 $1,415,286 $11,335 4.27%

    2019 saw Axia Financial place emphasis on $200k-400k loans with 2,558 originations, totaling $727,260,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 1,235 $275,935,000 $223,429 $5,177 4.38%
    $100k-150k 1,022 $346,440,000 $338,982 $5,939 4.37%
    $75k-100k 923 $254,885,000 $276,148 $5,870 4.39%
    $50k or less 699 $115,255,000 $164,886 $4,350 4.39%
    $150k-250k 561 $240,845,000 $429,314 $6,527 4.40%
    $250k+ 220 $131,130,000 $596,045 $7,300 4.41%

    Axia Financial lent most frequently to those with incomes in the $50k-75k range, with 1,235 originations. The second most popular income band? $100k-150k, with 1,022 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 852 $253,050,000 $297,007 $5,462 4.38%
    20-30% 736 $225,240,000 $306,033 $5,323 4.31%
    50-60% 252 $67,330,000 $267,183 $6,890 4.31%
    44% 232 $65,460,000 $282,155 $5,806 4.44%
    42% 229 $73,875,000 $322,598 $5,775 4.48%
    43% 226 $64,140,000 $283,805 $5,559 4.48%
    41% 211 $63,355,000 $300,261 $5,274 4.37%
    49% 199 $61,785,000 $310,477 $6,526 4.40%
    38% 185 $54,915,000 $296,838 $5,654 4.37%
    48% 183 $50,365,000 $275,219 $6,218 4.36%
    <20% 181 $51,135,000 $282,514 $4,975 4.29%
    45% 179 $50,605,000 $282,709 $5,437 4.45%
    46% 171 $42,365,000 $247,749 $5,139 4.53%
    39% 170 $49,520,000 $291,294 $5,562 4.36%
    40% 167 $46,895,000 $280,808 $5,205 4.48%
    37% 157 $46,715,000 $297,548 $5,611 4.36%
    36% 147 $44,265,000 $301,122 $5,367 4.35%
    47% 144 $42,780,000 $297,083 $6,185 4.42%
    >60% 12 $3,590,000 $299,167 $7,484 4.06%

    Axia Financial lent most frequently to those with DTI ratios of 30-36%, with 852 originations. The next most common DTI ratio? 20-30%, with 736 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not provided 2,406 $717,490,000 $298,209 $5,659 4.43%
    White 2,079 $598,925,000 $288,083 $5,523 4.33%
    Asian 102 $30,250,000 $296,569 $5,979 4.27%
    Black 82 $21,570,000 $263,049 $5,590 4.32%
    American Indian 27 $6,895,000 $255,370 $5,062 4.37%
    Native Hawaiian or Islander 15 $5,895,000 $393,000 $6,521 4.54%
    Not applicable 4 $1,060,000 $265,000 $5,824 4.41%

    Approval Rates

    Total approvals of all applications
    97.50%

    Axia Financial 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
    79.45%

    Axia Financial has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    4434.79 1 $155,000 $155,000
    659.25 1 $225,000 $225,000
    NA 4,713 $1,381,705,000 $293,169

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 129 $21,855,000 $169,419
    Single Family (1-4 Units):Site-Built 4,586 $1,360,230,000 $296,605

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 114 $22,520,000 $197,544 $4,405 4.25%
    40-60% 352 $96,140,000 $273,125 $4,638 4.27%
    60-80% 1,330 $428,520,000 $322,195 $5,383 4.40%
    80-100% 2,662 $792,170,000 $297,585 $5,899 4.42%
    Over 100% 115 $39,945,000 $347,348 $11,146 4.22%
    Under 20% 140 $2,560,000 $18,286 $688 4.02%

    Complaints

    Bank Name Product Issue 2019 CPFB Complaints % of Total Issues
    AXIA FINANCIAL, LLC VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%