Mid-valley Services Mortgage Rates, Fees & Info
FRESNO, CALEI: 54930072YJBZ4YV3DY74
Tax ID: 77-0329262
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Mid-valley Services is a smaller mortgage company specializing in Refi and Home Purchase loans. Mid-valley Services has a high proportion of conventional loans. Their top markets by origination volume include: Fresno, Madera, Los Angeles, Santa Maria, and Visalia among others. We have data for 14 markets. (Some data included below & more in-depth data is available with an active subscription.)Mid-valley Services 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. Mid-valley Services 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 | 7.19% | 4/5/25 |
| 30 Year Conventional Refi | 7.48% | 4/5/25 |
| 30 Year Cash-out Refi | 11.26% | 4/5/25 |
| 30 Year FHA Purchase | 6.72% | 4/5/25 |
| 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. | ||
Mid-valley Services Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Mid-valley Services. 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
74Origination Dollar Volume (All Markets)
$28,960,000Relative Rate
Mid-valley Services's average 30 year fixed mortgage rate was
8.63%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of 2.08%.
Relative Fees (Closing Costs)
Mid-valley Services's average total fees/closing costs for a 30 year fixed rate
mortgage were $11,132.
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 $8,356.
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 |
|---|---|---|---|---|---|
| FRESNO, CA (FHA|USDA|VA) | 39 | $15,075,000 | $386,538 | $7,554 | 10.44% |
| MADERA, CA (FHA|USDA|VA) | 10 | $2,810,000 | $281,000 | $11,298 | 11.54% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 3 | $2,115,000 | $705,000 | $16,903 | 11.17% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 1 | $1,705,000 | $1,705,000 | $0 | 10.99% |
| VISALIA, CA (FHA|USDA|VA) | 6 | $1,150,000 | $191,667 | $5,747 | 11.83% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 1 | $1,105,000 | $1,105,000 | $0 | 10.88% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $955,000 | $955,000 | $0 | 12.00% |
| Outside of Metro Areas | 3 | $905,000 | $301,667 | $18,381 | 10.46% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $28,850 | 12.00% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $22,215 | 12.50% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $4,977 | 10.63% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $0 | 11.00% |
| MERCED, CA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $7,261 | 8.94% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,332 | 9.99% |
Their top states include:
Similar Lenders
We use machine learning to identify the top lenders compared against MID-VALLEY SERVICES based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 140
Similarity Rank: 285
Similarity Rank: 555
Similarity Rank: 928
Similarity Rank: 1134
Similarity Rank: 1326
Similarity Rank: 1558
Similarity Rank: 2448
Similarity Rank: 3306
Similarity Rank: 4410
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 74 | $28,960,000 | $391,351 | $9,782 | 10.81% |
For 2024, Mid-valley Services's most frequently originated type of loan was Conventional, with 74 originations.
Loan Reason
For 2024, Mid-valley Services's most frequently cited loan purpose was Refi, with 36 originations. The 2nd most popular reason was Home Purchase, with 17 originations.
Loan Duration/Length
For 2024, Mid-valley Services's most frequently cited loan duration was 1 Year, with 22 originations. The 2nd most popular length was Other, with 21 originations.
Origination Fees/Closing Costs
Mid-valley Services's average total fees were $11,132, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 18 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| Over 8% | 61 | $25,065,000 | $410,902 |
| 6-7% | 7 | $1,855,000 | $265,000 |
| 7-8% | 5 | $1,295,000 | $259,000 |
| 5-6% | 1 | $745,000 | $745,000 |
During 2024, Mid-valley Services's average interest rate for loans was 8.63%, while their most frequently originated rate bucket for loans was Over 8%, with 61 originations.
Loan Sizing
2024 saw Mid-valley Services place emphasis on $200k-400k loans with 23 originations, totaling $6,665,000 in origination value.
Applicant Income
Mid-valley Services lent most frequently to those with incomes in the $100k-150k range, with 16 originations. The second most popular income band? $250k+, with 14 originations.
Applicant Debt to Income Ratio
Mid-valley Services lent most frequently to those with DTI ratios of 20-30%, with 11 originations. The next most common DTI ratio? <20%, with 9 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.80%
Mid-valley Services has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination79.73%
Mid-valley Services has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 74 | $28,960,000 | $391,351 |