Member First Mortgage Rates, Fees & Info
GRAND RAPIDS, MILEI: 5493007L4GYNO2PUBS09
Tax ID: 38-3616059
Latest/2024 | 2023 Data | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Member First Mortgage is a smaller mortgage company specializing in Home Purchase loans. Member First Mortgage 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, Dallas, Chicago, Atlanta, and Detroit among others. We have data for 202 markets. (Some data included below & more in-depth data is available with an active subscription.)Member First Mortgage has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Member First Mortgage is typically a low 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 | 6.69% | 7/7/25 |
| 30 Year Conventional Refi | 6.43% | 7/7/25 |
| 30 Year Cash-out Refi | 6.95% | 7/7/25 |
| 30 Year FHA Purchase | 7.39% | 7/7/25 |
| 30 Year FHA Refi | 7.71% | 7/7/25 |
| 30 Year VA Purchase | 7.06% | 7/7/25 |
| 30 Year VA Refi | 6.72% | 7/7/25 |
| 30 Year USDA Purchase | 6.92% | 7/7/25 |
| 15 Year Conventional Purchase | 6.54% | 7/7/25 |
| 15 Year Conventional Refi | 6.53% | 7/7/25 |
| 15 Year Cash-out Refi | 6.53% | 7/7/25 |
| 15 Year FHA Purchase | 6.00% | 7/7/25 |
| 15 Year VA Purchase | 6.09% | 7/7/25 |
| 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. | ||
Member First Mortgage Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Member First Mortgage. 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
1,144Origination Dollar Volume (All Markets)
$342,040,000Awards
MEMBER FIRST MORTGAGE - 2024
MEMBER FIRST MORTGAGE is a 2024 , due to their low .
For 2024, less than of lenders were eligible for this award.
Work for MEMBER FIRST MORTGAGE?
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.
Relative Rate
Member First Mortgage's average 30 year fixed mortgage rate was
6.52%.
The 2024 average 30 year fixed rate mortgage across all markets and lenders was 6.55%.
This yields a difference of -0.03%.
Relative Fees (Closing Costs)
Member First Mortgage's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,288.
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 |
|---|---|---|---|---|---|
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 81 | $56,825,000 | $701,543 | $10,739 | 5.94% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 120 | $50,630,000 | $421,917 | $8,868 | 6.28% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 75 | $21,925,000 | $292,333 | $5,415 | 6.51% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 64 | $19,180,000 | $299,688 | $7,677 | 6.51% |
| Outside of Metro Areas | 77 | $16,845,000 | $218,766 | $6,388 | 6.86% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 79 | $13,595,000 | $172,089 | $4,980 | 6.87% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 17 | $7,235,000 | $425,588 | $7,026 | 6.63% |
| LOUISVILLE, KY (FHA|USDA|VA) | 31 | $7,165,000 | $231,129 | $4,434 | 6.56% |
| BEND, OR (FHA|USDA|VA) | 15 | $5,765,000 | $384,333 | $6,897 | 6.39% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 13 | $5,485,000 | $421,923 | $7,823 | 6.48% |
| ANCHORAGE, AK (FHA|USDA|VA) | 17 | $4,715,000 | $277,353 | $10,229 | 6.88% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 16 | $3,840,000 | $240,000 | $6,866 | 6.39% |
| Cedartown, GA (FHA|USDA|VA) | 18 | $3,660,000 | $203,333 | $5,674 | 6.51% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 6 | $3,080,000 | $513,333 | $12,280 | 6.13% |
| Sturgis, MI (FHA|USDA|VA) | 17 | $2,825,000 | $166,176 | $7,062 | 6.85% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 5 | $2,815,000 | $563,000 | $3,369 | 6.43% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 9 | $2,765,000 | $307,222 | $10,925 | 6.11% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 12 | $2,560,000 | $213,333 | $5,101 | 6.53% |
| ROME, GA (FHA|USDA|VA) | 15 | $2,485,000 | $165,667 | $4,737 | 6.59% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 6 | $2,440,000 | $406,667 | $7,508 | 5.19% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 9 | $2,375,000 | $263,889 | $8,420 | 6.76% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 8 | $2,370,000 | $296,250 | $7,197 | 6.80% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 12 | $2,320,000 | $193,333 | $4,503 | 6.70% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 9 | $2,225,000 | $247,222 | $7,088 | 6.17% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 6 | $2,220,000 | $370,000 | $11,219 | 5.96% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 9 | $2,175,000 | $241,667 | $6,918 | 6.93% |
| MUNCIE, IN (FHA|USDA|VA) | 12 | $2,140,000 | $178,333 | $5,257 | 7.07% |
| ANN ARBOR, MI (FHA|USDA|VA) | 5 | $2,135,000 | $427,000 | $10,723 | 7.20% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 13 | $2,045,000 | $157,308 | $5,858 | 7.02% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 3 | $1,875,000 | $625,000 | $5,836 | 6.33% |
| SAVANNAH, GA (FHA|USDA|VA) | 6 | $1,870,000 | $311,667 | $6,915 | 6.90% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 7 | $1,835,000 | $262,143 | $7,288 | 6.23% |
| PARKERSBURG-VIENNA, WV (FHA|USDA|VA) | 8 | $1,810,000 | $226,250 | $6,956 | 6.89% |
| Athens, TX (FHA|USDA|VA) | 4 | $1,740,000 | $435,000 | $11,915 | 6.59% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 4 | $1,720,000 | $430,000 | $6,959 | 6.31% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 13 | $1,585,000 | $121,923 | $3,227 | 6.89% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 3 | $1,555,000 | $518,333 | $10,189 | 6.13% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 4 | $1,480,000 | $370,000 | $7,063 | 5.72% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $1,435,000 | $1,435,000 | $4,725 | 6.50% |
| SAN ANGELO, TX (FHA|USDA|VA) | 5 | $1,355,000 | $271,000 | $10,368 | 6.58% |
| CARBONDALE-MARION, IL (FHA|USDA|VA) | 11 | $1,305,000 | $118,636 | $5,139 | 6.59% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 3 | $1,285,000 | $428,333 | $6,229 | 6.92% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $1,280,000 | $640,000 | $12,512 | 4.88% |
| MUSKEGON, MI (FHA|USDA|VA) | 7 | $1,265,000 | $180,714 | $3,226 | 6.66% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $1,260,000 | $630,000 | $8,336 | 6.00% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 6 | $1,250,000 | $208,333 | $5,976 | 7.35% |
| Klamath Falls, OR (FHA|USDA|VA) | 5 | $1,185,000 | $237,000 | $7,939 | 6.65% |
| Marion, IN (FHA|USDA|VA) | 7 | $1,175,000 | $167,857 | $3,830 | 7.46% |
| Prineville, OR (FHA|USDA|VA) | 2 | $1,140,000 | $570,000 | $8,074 | 6.81% |
| TYLER, TX (FHA|USDA|VA) | 4 | $1,140,000 | $285,000 | $6,858 | 6.84% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 9 | $1,085,000 | $120,556 | $3,433 | 6.81% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 3 | $1,035,000 | $345,000 | $8,141 | 6.38% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 4 | $1,010,000 | $252,500 | $5,964 | 6.75% |
| ABILENE, TX (FHA|USDA|VA) | 6 | $1,000,000 | $166,667 | $7,063 | 6.58% |
| Traverse City, MI (FHA|USDA|VA) | 3 | $945,000 | $315,000 | $7,078 | 6.96% |
| MADISON, WI (FHA|USDA|VA) | 3 | $935,000 | $311,667 | $5,905 | 5.50% |
| FLINT, MI (FHA|USDA|VA) | 5 | $935,000 | $187,000 | $6,728 | 6.05% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 7 | $905,000 | $129,286 | $3,451 | 7.02% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $885,000 | $885,000 | $5,903 | 6.13% |
| OCALA, FL (FHA|USDA|VA) | 3 | $845,000 | $281,667 | $12,658 | 6.33% |
| PITTSBURGH, PA (FHA|USDA|VA) | 5 | $835,000 | $167,000 | $4,435 | 6.95% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $8,374 | 5.13% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $5,655 | 6.31% |
| Pullman, WA (FHA|USDA|VA) | 1 | $765,000 | $765,000 | $4,137 | 6.88% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $7,989 | 6.50% |
| MONROE, MI (FHA|USDA|VA) | 3 | $725,000 | $241,667 | $5,779 | 6.88% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $8,021 | 5.63% |
| SAGINAW, MI (FHA|USDA|VA) | 5 | $685,000 | $137,000 | $4,810 | 6.90% |
| DOVER, DE (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $7,099 | 7.00% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $5,970 | 6.88% |
| Lebanon, NH-VT (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $9,952 | 7.38% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 1 | $665,000 | $665,000 | $9,609 | 5.50% |
| Owatonna, MN (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $5,324 | 6.63% |
| ROCHESTER, MN (FHA|USDA|VA) | 2 | $650,000 | $325,000 | $9,158 | 4.81% |
| TOLEDO, OH (FHA|USDA|VA) | 4 | $640,000 | $160,000 | $4,933 | 6.94% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $6,495 | 6.81% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $13,628 | 6.75% |
| Cornelia, GA (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $11,124 | 6.38% |
| Gillette, WY (FHA|USDA|VA) | 11 | $615,000 | $55,909 | $1,786 | 7.40% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $605,000 | $605,000 | $9,440 | 5.13% |
| Marion, OH (FHA|USDA|VA) | 3 | $595,000 | $198,333 | $3,773 | 7.08% |
| Centralia, WA (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $11,835 | 6.13% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $14,844 | 6.50% |
| New Castle, IN (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $3,893 | 6.96% |
| Barre, VT (FHA|USDA|VA) | 2 | $550,000 | $275,000 | $8,416 | 6.88% |
| JACKSON, MI (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $5,097 | 6.33% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $7,863 | 6.38% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $4,882 | 7.38% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $10,767 | 5.88% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $5,598 | 6.25% |
| DANVILLE, IL (FHA|USDA|VA) | 4 | $490,000 | $122,500 | $3,891 | 6.72% |
| COLUMBUS, OH (FHA|USDA|VA) | 2 | $470,000 | $235,000 | $6,486 | 6.19% |
| Ruidoso, NM (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $7,874 | 6.50% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $7,247 | 5.00% |
| Waycross, GA (FHA|USDA|VA) | 4 | $450,000 | $112,500 | $5,467 | 6.53% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $6,198 | 6.75% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $7,439 | 5.88% |
| Shelton, WA (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $9,512 | 6.00% |
| ALTOONA, PA (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $6,196 | 6.50% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 6.25% |
| Bardstown, KY (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $3,682 | 6.56% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $0 | 7.63% |
| Los Alamos, NM (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $11,507 | 6.13% |
| WACO, TX (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $7,577 | 6.44% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $6,297 | 6.75% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $5,405 | 6.75% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $17,017 | 6.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $7,019 | 6.88% |
| Vicksburg, MS (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $12,824 | 6.13% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $0 | 6.63% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $15,149 | 5.13% |
| Sulphur Springs, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $9,512 | 5.63% |
| EAU CLAIRE, WI (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $3,191 | 6.75% |
| Greenwood, SC (FHA|USDA|VA) | 3 | $365,000 | $121,667 | $5,491 | 6.96% |
| FORT WAYNE, IN (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $4,567 | 6.56% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $7,130 | 6.63% |
| Huntington, IN (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $3,016 | 6.63% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $7,431 | 4.75% |
| MODESTO, CA (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $6,016 | 7.00% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $8,578 | 7.38% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $4,615 | 7.31% |
| LANCASTER, PA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $4,181 | 6.56% |
| Shelby, NC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $5,327 | 6.63% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 3 | $315,000 | $105,000 | $3,484 | 6.50% |
| Russellville, AR (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $3,942 | 6.38% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $4,436 | 6.13% |
| Ketchikan, AK (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $11,221 | 6.38% |
| FOND DU LAC, WI (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $7,158 | 5.63% |
| Danville, KY (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $4,015 | 6.13% |
| YUBA CITY, CA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 7.13% |
| Jasper, IN (FHA|USDA|VA) | 3 | $285,000 | $95,000 | $3,019 | 6.75% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $10,076 | 6.25% |
| Holland, MI (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,650 | 7.50% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,381 | 6.63% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $10,487 | 5.63% |
| Lock Haven, PA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $10,444 | 6.50% |
| KOKOMO, IN (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $2,879 | 6.81% |
| TERRE HAUTE, IN (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $2,896 | 6.75% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,400 | 8.00% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,000 | 7.00% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,652 | 6.50% |
| Aberdeen, WA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,206 | 6.25% |
| GETTYSBURG, PA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,151 | 6.38% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,953 | 7.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $16,602 | 6.63% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $5,711 | 6.88% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,968 | 7.00% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $0 | 7.63% |
| Picayune, MS (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,065 | 6.63% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,069 | 7.50% |
| Toccoa, GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $11,671 | 5.63% |
| Rutland, VT (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $9,086 | 6.25% |
| Statesboro, GA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,978 | 7.25% |
| ROCKFORD, IL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $9,770 | 6.50% |
| Douglas, GA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $4,175 | 9.25% |
| Jefferson, GA (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $3,745 | 6.50% |
| HOUMA-THIBODAUX, LA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,549 | 6.88% |
| Bogalusa, LA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $11,561 | 6.63% |
| BAY CITY, MI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,816 | 6.38% |
| Bonham, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,622 | 6.00% |
| Lufkin, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $12,891 | 6.00% |
| Brownwood, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,787 | 6.38% |
| Ashtabula, OH (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $5,893 | 6.44% |
| Frankfort, KY (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,718 | 6.50% |
| BLOOMINGTON, IN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,569 | 7.50% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,149 | 7.00% |
| McAlester, OK (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,630 | 6.38% |
| Alpena, MI (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $4,058 | 8.25% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $3,439 | 6.94% |
| Eufaula, AL-GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,884 | 6.63% |
| READING, PA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,153 | 7.13% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $7,228 | 6.13% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,471 | 6.25% |
| Lewistown, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,275 | 6.13% |
| St. Marys, GA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,574 | 5.63% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $9,805 | 5.88% |
| WILLIAMSPORT, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,360 | 7.13% |
| ELIZABETHTOWN-FORT KNOX, KY (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,511 | 6.00% |
| Marietta, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,118 | 6.13% |
| Meadville, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $7,010 | 6.63% |
| Marshalltown, IA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,535 | 6.63% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,850 | 7.00% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $3,342 | 6.13% |
| ANNISTON-OXFORD, AL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,331 | 6.50% |
| LEXINGTON-FAYETTE, KY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,548 | 6.75% |
| Hillsdale, MI (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,483 | 7.13% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,962 | 6.63% |
| DALTON, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,112 | 6.75% |
| LUBBOCK, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,484 | 6.88% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,435 | 7.13% |
| NILES, MI (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $1,238 | 8.25% |
| CAPE GIRARDEAU, MO-IL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,051 | 6.00% |
| Seneca, SC (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $6,297 | 6.25% |
| Ardmore, OK (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $0 | 6.88% |
| Wabash, IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,272 | 7.13% |
| Paducah, KY-IL (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $4,832 | 6.75% |
| Fremont, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $4,066 | 6.63% |
| Alma, MI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,707 | 7.00% |
| JOHNSTOWN, PA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,471 | 6.88% |
| Americus, GA (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $3,717 | 6.38% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 6.50% |
| Sheridan, WY (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $1,806 | 7.88% |
Similar Lenders
We use machine learning to identify the top lenders compared against MEMBER FIRST MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 33
Similarity Rank: 36
Similarity Rank: 40
Similarity Rank: 44
Similarity Rank: 45
Similarity Rank: 79
Similarity Rank: 80
Similarity Rank: 82
Similarity Rank: 90
Similarity Rank: 96
Product Mix
For 2024, Member First Mortgage's most frequently originated type of loan was Conventional, with 836 originations. Their 2nd most popular type was FHA, with 257 originations.
Loan Reason
For 2024, Member First Mortgage's most frequently cited loan purpose was Home Purchase, with 829 originations. The 2nd most popular reason was Cash Out Refi, with 198 originations.
Loan Duration/Length
For 2024, Member First Mortgage's most frequently cited loan duration was 30 Year, with 1,030 originations. The 2nd most popular length was 15 Year, with 73 originations.
Origination Fees/Closing Costs
Member First Mortgage's average total fees were $7,288, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 556 originations.
Interest Rates
During 2024, Member First Mortgage's average interest rate for loans was 6.52%, while their most frequently originated rate bucket for loans was 6-7%, with 637 originations.
Loan Sizing
2024 saw Member First Mortgage place emphasis on $200k-400k loans with 415 originations, totaling $119,225,000 in origination value.
Applicant Income
Member First Mortgage lent most frequently to those with incomes in the $100k-150k range, with 262 originations. The second most popular income band? $50k-75k, with 227 originations.
Applicant Debt to Income Ratio
Member First Mortgage lent most frequently to those with DTI ratios of 30-36%, with 219 originations. The next most common DTI ratio? 20-30%, with 160 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications83.61%
Member First Mortgage has a below average approval rate.
Pick Rate
Approvals leading to origination27.62%
Member First Mortgage has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,144 | $342,040,000 | $298,986 |