The Mortgage Firm Rates, Fees & Info

LOXAHATCHEE, FL

LEI: 5493007CXTOHZ2JBEJ61

Tax ID: 59-3345547

4 stars - out of 5 stars, based on 116 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    The Mortgage Firm is a mid-sized mortgage company specializing in loans. The Mortgage Firm 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: Miami, Orlando, Tampa, Palm Bay, and Atlanta among others. We have data for 164 markets. (Some data included below & more in-depth data is available with an active subscription.)

    The Mortgage Firm 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. The Mortgage Firm 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 7.14% 11/26/22
    30 Year Conventional Refi 6.94% 11/26/22
    30 Year Cash-out Refi 7.17% 11/26/22
    30 Year FHA Purchase 7.92% 11/26/22
    30 Year FHA Refi 7.47% 11/26/22
    30 Year VA Purchase 6.80% 11/26/22
    30 Year VA Refi 6.39% 11/26/22
    30 Year USDA Purchase 7.22% 11/26/22
    30 Year USDA Refi 6.89% 11/26/22
    15 Year Conventional Purchase 6.37% 11/26/22
    15 Year Conventional Refi 6.33% 11/26/22
    15 Year Cash-out Refi 6.33% 11/26/22
    15 Year FHA Purchase 8.23% 11/26/22
    15 Year FHA Refi 5.90% 11/26/22
    15 Year VA Purchase 6.34% 11/26/22
    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.


    Originations

    13,500

    Origination Dollar Volume (All Markets)

    $3,659,410,000

    Awards

    THE MORTGAGE FIRM 30 Year Conventional Loans bronze THE MORTGAGE FIRM USDA Loans gold THE MORTGAGE FIRM 30 Year Conventional Loans bronze THE MORTGAGE FIRM 30 Year Conventional Loans bronze
    Show all (4) awards

    Relative Rate

    The Mortgage Firm's average 30 year fixed mortgage rate was 3.23%.

    The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.

    This yields a difference of 0.08%.

    Relative Fees (Closing Costs)

    The Mortgage Firm's average total fees/closing costs for a 30 year fixed rate mortgage were $5,519.

    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 $4,750.

    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
    Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1,547 $545,965,000 $352,919 $5,790 3.13%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1,927 $515,595,000 $267,564 $5,173 3.13%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1,498 $397,290,000 $265,214 $5,444 3.25%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1,414 $386,600,000 $273,409 $5,545 3.14%
    ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 988 $292,540,000 $296,093 $5,644 3.36%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1,190 $255,530,000 $214,731 $5,613 3.20%
    PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 789 $177,965,000 $225,558 $4,821 3.19%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 572 $145,300,000 $254,021 $5,356 3.14%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 471 $123,425,000 $262,049 $5,235 3.22%
    PORT ST. LUCIE, FL (FHA|USDA|VA) 290 $86,990,000 $299,966 $5,357 3.17%
    RALEIGH-CARY, NC (FHA|USDA|VA) 218 $57,130,000 $262,064 $4,317 3.06%
    NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 201 $56,835,000 $282,761 $6,204 3.23%
    CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 174 $52,310,000 $300,632 $6,061 3.17%
    GAINESVILLE, FL (FHA|USDA|VA) 187 $42,775,000 $228,743 $5,275 3.24%
    PUNTA GORDA, FL (FHA|USDA|VA) 164 $41,820,000 $255,000 $5,330 3.28%
    Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 99 $30,935,000 $312,475 $6,116 2.98%
    JACKSONVILLE, FL (FHA|USDA|VA) 92 $29,440,000 $320,000 $5,627 3.19%
    OCALA, FL (FHA|USDA|VA) 136 $29,130,000 $214,191 $5,454 3.21%
    Outside of Metro Areas 111 $26,605,000 $239,685 $4,730 3.26%
    WILMINGTON, NC (FHA|USDA|VA) 74 $21,430,000 $289,595 $4,272 3.23%
    MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 70 $20,880,000 $298,286 $4,391 3.30%
    THE VILLAGES, FL (FHA|USDA|VA) 92 $20,270,000 $220,326 $4,513 3.22%
    Calhoun, GA (FHA|USDA|VA) 85 $17,385,000 $204,529 $4,455 3.31%
    HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 51 $15,135,000 $296,765 $5,283 3.02%
    AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 27 $14,845,000 $549,815 $6,774 3.10%
    Sebastian-Vero Beach, FL (FHA|USDA|VA) 49 $14,115,000 $288,061 $5,204 3.07%
    DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 53 $13,455,000 $253,868 $4,710 3.30%
    SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 38 $11,470,000 $301,842 $7,634 3.35%
    GAINESVILLE, GA (FHA|USDA|VA) 43 $11,445,000 $266,163 $5,329 3.25%
    CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 46 $11,430,000 $248,478 $5,722 3.29%
    LAKE CHARLES, LA (FHA|USDA|VA) 57 $10,785,000 $189,211 $4,971 3.06%
    HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 48 $10,750,000 $223,958 $5,257 3.33%
    ROME, GA (FHA|USDA|VA) 46 $9,170,000 $199,348 $4,112 3.30%
    Key West, FL (FHA|USDA|VA) 16 $7,500,000 $468,750 $8,371 3.16%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 19 $6,985,000 $367,632 $4,197 3.23%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 30 $6,700,000 $223,333 $4,476 3.24%
    CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 22 $6,340,000 $288,182 $5,057 3.26%
    BATON ROUGE, LA (FHA|USDA|VA) 25 $6,115,000 $244,600 $4,411 3.03%
    FAYETTEVILLE, NC (FHA|USDA|VA) 28 $5,900,000 $210,714 $5,472 3.17%
    TALLAHASSEE, FL (FHA|USDA|VA) 22 $5,280,000 $240,000 $5,117 3.18%
    CLARKSVILLE, TN-KY (FHA|USDA|VA) 23 $4,995,000 $217,174 $6,450 3.22%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 17 $4,975,000 $292,647 $3,904 2.91%
    SEBRING-AVON PARK, FL (FHA|USDA|VA) 25 $4,465,000 $178,600 $6,025 3.15%
    NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 11 $4,405,000 $400,455 $5,939 3.12%
    BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 13 $4,035,000 $310,385 $5,501 3.02%
    MOBILE, AL (FHA|USDA|VA) 23 $3,835,000 $166,739 $4,787 3.29%
    Jefferson, GA (FHA|USDA|VA) 14 $3,130,000 $223,571 $5,467 3.07%
    WARNER ROBINS, GA (FHA|USDA|VA) 15 $2,985,000 $199,000 $6,237 3.32%
    Arcadia, FL (FHA|USDA|VA) 11 $2,715,000 $246,818 $6,077 3.24%
    Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 5 $2,605,000 $521,000 $6,312 2.95%
    Cedartown, GA (FHA|USDA|VA) 12 $2,550,000 $212,500 $4,281 3.10%
    Pinehurst-Southern Pines, NC (FHA|USDA|VA) 9 $2,375,000 $263,889 $3,645 3.01%
    PANAMA CITY, FL (FHA|USDA|VA) 12 $2,360,000 $196,667 $5,645 3.42%
    CHATTANOOGA, TN-GA (FHA|USDA|VA) 9 $2,315,000 $257,222 $4,565 3.15%
    Lake City, FL (FHA|USDA|VA) 9 $2,295,000 $255,000 $5,849 3.54%
    ASHEVILLE, NC (FHA|USDA|VA) 9 $2,255,000 $250,556 $5,112 3.22%
    Toccoa, GA (FHA|USDA|VA) 15 $2,225,000 $148,333 $4,881 2.96%
    MACON-BIBB COUNTY, GA (FHA|USDA|VA) 8 $2,120,000 $265,000 $5,487 3.91%
    Forest City, NC (FHA|USDA|VA) 5 $2,055,000 $411,000 $5,180 3.43%
    HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 5 $2,015,000 $403,000 $5,832 2.80%
    BRUNSWICK, GA (FHA|USDA|VA) 6 $2,010,000 $335,000 $7,239 3.10%
    SAVANNAH, GA (FHA|USDA|VA) 8 $1,990,000 $248,750 $4,809 3.51%
    Vidalia, GA (FHA|USDA|VA) 8 $1,970,000 $246,250 $7,891 2.95%
    JACKSONVILLE, NC (FHA|USDA|VA) 6 $1,630,000 $271,667 $4,727 3.29%
    COLUMBIA, SC (FHA|USDA|VA) 8 $1,540,000 $192,500 $4,702 3.23%
    Cornelia, GA (FHA|USDA|VA) 6 $1,490,000 $248,333 $4,338 3.53%
    SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 3 $1,415,000 $471,667 $5,370 3.42%
    Wauchula, FL (FHA|USDA|VA) 8 $1,400,000 $175,000 $4,930 3.22%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 4 $1,360,000 $340,000 $4,240 3.31%
    GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 5 $1,345,000 $269,000 $3,884 3.20%
    Milledgeville, GA (FHA|USDA|VA) 5 $1,295,000 $259,000 $4,478 3.03%
    GOLDSBORO, NC (FHA|USDA|VA) 6 $1,260,000 $210,000 $6,081 3.04%
    GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 5 $1,255,000 $251,000 $3,613 3.25%
    Morehead City, NC (FHA|USDA|VA) 5 $1,225,000 $245,000 $3,715 3.23%
    ROCKY MOUNT, NC (FHA|USDA|VA) 5 $1,175,000 $235,000 $6,579 3.08%
    RICHMOND, VA (FHA|USDA|VA) 2 $1,050,000 $525,000 $5,942 2.87%
    DALTON, GA (FHA|USDA|VA) 6 $990,000 $165,000 $4,503 3.19%
    Cullowhee, NC (FHA|USDA|VA) 3 $975,000 $325,000 $4,163 3.50%
    Okeechobee, FL (FHA|USDA|VA) 5 $935,000 $187,000 $6,746 3.30%
    NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 4 $930,000 $232,500 $6,611 3.34%
    Lewisburg, TN (FHA|USDA|VA) 3 $905,000 $301,667 $4,388 3.33%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 3 $875,000 $291,667 $1,932 2.91%
    BURLINGTON, NC (FHA|USDA|VA) 3 $865,000 $288,333 $6,809 3.08%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 2 $850,000 $425,000 $3,104 3.81%
    ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 5 $835,000 $167,000 $5,073 3.13%
    HUNTSVILLE, AL (FHA|USDA|VA) 3 $785,000 $261,667 $3,748 3.13%
    Sanford, NC (FHA|USDA|VA) 4 $780,000 $195,000 $6,610 3.15%
    Thomaston, GA (FHA|USDA|VA) 4 $730,000 $182,500 $5,789 3.41%
    Georgetown, SC (FHA|USDA|VA) 2 $710,000 $355,000 $4,065 3.56%
    WINSTON-SALEM, NC (FHA|USDA|VA) 3 $705,000 $235,000 $3,072 3.08%
    Shelbyville, TN (FHA|USDA|VA) 4 $700,000 $175,000 $4,258 3.40%
    AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 4 $690,000 $172,500 $4,526 2.88%
    Easton, MD (FHA|USDA|VA) 2 $670,000 $335,000 $4,790 3.00%
    Atmore, AL (FHA|USDA|VA) 3 $615,000 $205,000 $8,241 2.92%
    MORRISTOWN, TN (FHA|USDA|VA) 2 $590,000 $295,000 $3,528 2.94%
    Brevard, NC (FHA|USDA|VA) 2 $560,000 $280,000 $5,668 2.93%
    LONGVIEW, TX (FHA|USDA|VA) 1 $545,000 $545,000 $6,653 2.63%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $545,000 $545,000 $3,952 3.25%
    Tullahoma-Manchester, TN (FHA|USDA|VA) 2 $510,000 $255,000 $8,494 3.25%
    HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $490,000 $245,000 $3,782 3.38%
    Wilson, NC (FHA|USDA|VA) 2 $490,000 $245,000 $3,297 3.16%
    Orangeburg, SC (FHA|USDA|VA) 2 $460,000 $230,000 $3,928 3.19%
    SUMTER, SC (FHA|USDA|VA) 2 $460,000 $230,000 $4,850 3.13%
    Rockingham, NC (FHA|USDA|VA) 2 $460,000 $230,000 $5,505 3.31%
    SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $460,000 $230,000 $2,818 2.88%
    Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 2 $460,000 $230,000 $4,906 3.56%
    Washington, NC (FHA|USDA|VA) 1 $415,000 $415,000 $4,887 2.50%
    Enterprise, AL (FHA|USDA|VA) 1 $395,000 $395,000 $8,601 2.75%
    VALDOSTA, GA (FHA|USDA|VA) 2 $390,000 $195,000 $4,636 3.31%
    Jennings, LA (FHA|USDA|VA) 2 $390,000 $195,000 $4,549 2.94%
    FORT COLLINS, CO (FHA|USDA|VA) 1 $375,000 $375,000 $2,760 3.12%
    BOWLING GREEN, KY (FHA|USDA|VA) 1 $375,000 $375,000 $3,938 3.13%
    COLUMBUS, GA-AL (FHA|USDA|VA) 4 $360,000 $90,000 $3,578 3.44%
    AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $355,000 $355,000 $4,146 2.25%
    Moultrie, GA (FHA|USDA|VA) 1 $345,000 $345,000 $6,328 2.25%
    Sevierville, TN (FHA|USDA|VA) 1 $345,000 $345,000 $4,899 3.38%
    FLORENCE-MUSCLE SHOALS, AL (FHA|USDA|VA) 1 $345,000 $345,000 $2,537 2.63%
    GREENVILLE, NC (FHA|USDA|VA) 2 $330,000 $165,000 $2,858 3.06%
    CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $315,000 $315,000 $8,204 2.88%
    Clewiston, FL (FHA|USDA|VA) 1 $295,000 $295,000 $9,581 3.00%
    Mount Pleasant, TX (FHA|USDA|VA) 1 $295,000 $295,000 $3,453 3.63%
    Cullman, AL (FHA|USDA|VA) 1 $285,000 $285,000 $5,439 2.88%
    Lumberton, NC (FHA|USDA|VA) 2 $280,000 $140,000 $5,167 2.81%
    Dublin, GA (FHA|USDA|VA) 1 $275,000 $275,000 $7,917 3.13%
    LAFAYETTE, LA (FHA|USDA|VA) 1 $265,000 $265,000 $6,949 2.63%
    KNOXVILLE, TN (FHA|USDA|VA) 2 $260,000 $130,000 $4,927 3.50%
    Montrose, CO (FHA|USDA|VA) 1 $255,000 $255,000 $3,086 3.00%
    VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) 1 $255,000 $255,000 $3,424 3.00%
    Athens, TN (FHA|USDA|VA) 1 $255,000 $255,000 $4,079 3.50%
    KILLEEN-TEMPLE, TX (FHA|USDA|VA) 1 $245,000 $245,000 $4,682 3.63%
    ALBANY, GA (FHA|USDA|VA) 1 $245,000 $245,000 $4,091 3.13%
    Fredericksburg, TX (FHA|USDA|VA) 1 $245,000 $245,000 $12,315 3.63%
    WACO, TX (FHA|USDA|VA) 1 $245,000 $245,000 $4,382 3.13%
    JONESBORO, AR (FHA|USDA|VA) 1 $235,000 $235,000 $3,046 2.63%
    Martin, TN (FHA|USDA|VA) 1 $225,000 $225,000 $4,603 3.25%
    Waycross, GA (FHA|USDA|VA) 1 $225,000 $225,000 $6,592 3.50%
    Greeneville, TN (FHA|USDA|VA) 1 $225,000 $225,000 $3,007 3.25%
    Granbury, TX (FHA|USDA|VA) 1 $215,000 $215,000 $5,971 2.99%
    ROANOKE, VA (FHA|USDA|VA) 1 $215,000 $215,000 $2,754 3.50%
    Greenwood, SC (FHA|USDA|VA) 1 $205,000 $205,000 $4,106 3.25%
    Elizabeth City, NC (FHA|USDA|VA) 1 $205,000 $205,000 $2,376 2.88%
    DeRidder, LA (FHA|USDA|VA) 1 $205,000 $205,000 $3,866 3.75%
    GADSDEN, AL (FHA|USDA|VA) 1 $195,000 $195,000 $5,708 2.88%
    Lawrenceburg, TN (FHA|USDA|VA) 1 $165,000 $165,000 $6,771 2.88%
    MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $165,000 $165,000 $3,756 2.88%
    YORK-HANOVER, PA (FHA|USDA|VA) 1 $155,000 $155,000 $3,889 3.25%
    Brownwood, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,762 3.00%
    Opelousas, LA (FHA|USDA|VA) 1 $155,000 $155,000 $3,916 3.13%
    GULFPORT-BILOXI, MS (FHA|USDA|VA) 1 $155,000 $155,000 $3,431 3.30%
    Palatka, FL (FHA|USDA|VA) 1 $155,000 $155,000 $7,833 2.50%
    Tifton, GA (FHA|USDA|VA) 1 $145,000 $145,000 $4,194 3.13%
    MONTGOMERY, AL (FHA|USDA|VA) 1 $135,000 $135,000 $2,606 3.63%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 1 $125,000 $125,000 $4,848 3.25%
    VICTORIA, TX (FHA|USDA|VA) 1 $125,000 $125,000 $4,871 3.13%
    LOUISVILLE/JEFFERSON COUNTY, KY-IN (FHA|USDA|VA) 1 $125,000 $125,000 $3,385 3.25%
    LaGrange, GA-AL (FHA|USDA|VA) 1 $125,000 $125,000 $5,877 3.25%
    FORT SMITH, AR-OK (FHA|USDA|VA) 1 $115,000 $115,000 $2,395 2.88%
    Fort Polk South, LA (FHA|USDA|VA) 1 $105,000 $105,000 $5,303 3.00%
    EL PASO, TX (FHA|USDA|VA) 1 $105,000 $105,000 $2,519 2.50%
    Picayune, MS (FHA|USDA|VA) 1 $95,000 $95,000 $5,199 2.25%
    Murray, KY (FHA|USDA|VA) 1 $85,000 $85,000 $4,300 3.00%
    CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $65,000 $65,000 $3,537 3.25%
    COLUMBUS, OH (FHA|USDA|VA) 1 $65,000 $65,000 $472 2.75%
    Kinston, NC (FHA|USDA|VA) 1 $45,000 $45,000 $3,327 3.25%
    The Mortgage Firm's top markets include Miami, Orlando, Tampa, Palm Bay, and Atlanta among others.

    Their top states include:
  • Florida (FHA|USDA|VA)
  • Georgia (FHA|USDA|VA)
  • North Carolina (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Tennessee (FHA|USDA|VA)
  • Similar Lenders

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

    HARVESTERS FEDERAL CREDIT UNION
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 10,421 $2,857,245,000 $274,181 $4,611 3.21%
    FHA 1,934 $455,920,000 $235,739 $8,516 3.20%
    VA 965 $305,235,000 $316,306 $7,475 2.92%
    USDA 179 $38,505,000 $215,112 $5,851 3.03%
    HELOC 1 $2,505,000 $2,505,000 n/a 2.99%

    For 2021, The Mortgage Firm's most frequently originated type of loan was Conventional, with 10,421 originations. Their 2nd most popular type was FHA, with 1,934 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 9,355 $2,596,275,000 $277,528 $5,817 3.23%
    Refi 2,341 $597,655,000 $255,299 $4,032 2.97%
    Cash Out Refi 1,800 $464,000,000 $257,778 $4,981 3.27%
    Other 4 $1,480,000 $370,000 $8,572 3.75%

    For 2021, The Mortgage Firm's most frequently cited loan purpose was Home Purchase, with 9,355 originations. The 2nd most popular reason was Refi, with 2,341 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 12,324 $3,375,170,000 $273,870 $5,519 3.23%
    15 Year 834 $193,980,000 $232,590 $4,008 2.62%
    20 Year 183 $46,185,000 $252,377 $3,927 2.98%
    Other 73 $18,695,000 $256,096 $4,339 3.21%
    30+ year 55 $22,505,000 $409,182 $8,781 4.05%
    10 Year 31 $2,875,000 $92,742 $2,218 2.83%

    For 2021, The Mortgage Firm's most frequently cited loan duration was 30 Year, with 12,324 originations. The 2nd most popular length was 15 Year, with 834 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 9,151 $2,438,845,000 $266,511
    $2k-3k 1,647 $435,285,000 $264,290
    $<1k 1,189 $293,765,000 $247,069
    $3k-4k 732 $204,950,000 $279,986
    $5k+ 428 $174,150,000 $406,893
    $4k-5k 351 $109,615,000 $312,293

    The Mortgage Firm's average total fees were $5,519, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 9,151 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 7,939 $2,115,415,000 $266,459
    2.5-3% 4,322 $1,231,280,000 $284,887
    <2.5% 844 $217,250,000 $257,405
    4-5% 342 $82,900,000 $242,398
    7-8% 19 $4,615,000 $242,895
    6-7% 16 $3,930,000 $245,625
    5-6% 13 $2,715,000 $208,846
    Over 8% 5 $1,305,000 $261,000

    During 2021, The Mortgage Firm's average interest rate for loans was 3.23%, while their most frequently originated rate bucket for loans was 3-4%, with 7,939 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 7,100 $1,973,980,000 $278,025 $5,697 3.19%
    $100k-200k 3,957 $620,595,000 $156,835 $4,381 3.23%
    $400k-600k 1,588 $761,010,000 $479,225 $6,513 3.17%
    $100,000 or less 547 $41,105,000 $75,146 $3,214 3.00%
    $600k-1MM 246 $178,710,000 $726,463 $9,070 3.12%
    $1MM+ 62 $84,010,000 $1,355,000 $12,165 3.08%

    2021 saw The Mortgage Firm place emphasis on $200k-400k loans with 7,100 originations, totaling $1,973,980,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 3,513 $782,915,000 $222,862 $5,404 3.20%
    $100k-150k 2,742 $836,730,000 $305,153 $5,485 3.20%
    $50k or less 2,483 $419,095,000 $168,786 $4,822 3.16%
    $75k-100k 2,377 $629,415,000 $264,794 $5,383 3.21%
    $150k-250k 1,624 $602,700,000 $371,121 $5,592 3.18%
    $250k+ 761 $388,555,000 $510,585 $6,508 3.16%

    The Mortgage Firm lent most frequently to those with incomes in the $50k-75k range, with 3,513 originations. The second most popular income band? $100k-150k, with 2,742 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 2,377 $639,375,000 $268,984 $5,109 3.21%
    20-30% 2,368 $648,070,000 $273,678 $4,849 3.13%
    50-60% 895 $231,255,000 $258,385 $8,236 3.16%
    <20% 784 $219,140,000 $279,515 $4,619 3.04%
    44% 628 $173,180,000 $275,764 $5,390 3.26%
    43% 552 $151,910,000 $275,199 $5,457 3.24%
    41% 551 $148,095,000 $268,775 $5,081 3.20%
    42% 548 $157,410,000 $287,245 $5,594 3.26%
    38% 519 $138,095,000 $266,079 $5,087 3.23%
    40% 510 $138,150,000 $270,882 $5,408 3.25%
    37% 506 $137,600,000 $271,937 $5,329 3.22%
    39% 494 $139,130,000 $281,640 $5,272 3.23%
    49% 478 $124,910,000 $261,318 $5,697 3.21%
    45% 457 $118,045,000 $258,304 $5,374 3.25%
    36% 439 $124,295,000 $283,132 $5,121 3.20%
    46% 427 $114,505,000 $268,162 $5,779 3.23%
    48% 414 $108,100,000 $261,111 $5,424 3.24%
    47% 414 $107,410,000 $259,444 $5,815 3.23%
    >60% 40 $14,550,000 $363,750 $7,794 2.96%

    The Mortgage Firm lent most frequently to those with DTI ratios of 30-36%, with 2,377 originations. The next most common DTI ratio? 20-30%, with 2,368 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 11,184 $3,057,420,000 $273,374 $5,332 3.19%
    Not provided 1,241 $322,325,000 $259,730 $5,602 3.23%
    Black 724 $180,760,000 $249,669 $6,108 3.18%
    Asian 234 $67,600,000 $288,889 $4,976 3.19%
    American Indian 53 $12,425,000 $234,434 $5,262 3.32%
    Native Hawaiian or Islander 20 $5,810,000 $290,500 $5,911 3.06%
    Asian Indian 12 $4,080,000 $340,000 $5,591 3.20%
    Other Asian 12 $3,560,000 $296,667 $6,603 3.51%
    Not applicable 12 $3,110,000 $259,167 $4,773 2.99%
    Filipino 4 $1,310,000 $327,500 $5,747 3.19%
    Other Pacific Islander 3 $735,000 $245,000 $5,520 3.38%
    Japanese 1 $275,000 $275,000 $9,149 3.85%

    Approval Rates

    Total approvals of all applications
    98.40%

    The Mortgage Firm 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
    77.70%

    The Mortgage Firm has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 13,500 $3,659,410,000 $271,067

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    13,500 $3,659,410,000 $271,067

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 397 $67,855,000 $170,919 $3,763 2.92%
    40-60% 1,498 $350,460,000 $233,952 $4,139 3.03%
    60-80% 4,542 $1,270,950,000 $279,822 $4,849 3.27%
    80-100% 6,734 $1,882,900,000 $279,611 $5,948 3.21%
    Over 100% 206 $68,180,000 $330,971 $13,463 3.02%
    Under 20% 66 $3,420,000 $51,818 $1,218 1.59%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    THE MORTGAGE EXPERTS LLC VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 100.0%