Member First Mortgage Rates, Fees & Info
GRAND RAPIDS, MILEI: 5493007L4GYNO2PUBS09
Tax ID: 38-3616059
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Mortgage Data
Review & Overview
Member First Mortgage is a smaller mortgage company specializing in Refi and 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: Detroit, Chattanooga, Chicago, Atlanta, and New York among others. We have data for 219 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 | 6.30% | 12/16/24 |
| 30 Year Conventional Refi | 6.46% | 12/16/24 |
| 30 Year Cash-out Refi | 6.63% | 12/16/24 |
| 30 Year FHA Purchase | 7.15% | 12/16/24 |
| 30 Year FHA Refi | 6.79% | 12/16/24 |
| 30 Year VA Purchase | 5.89% | 12/16/24 |
| 30 Year VA Refi | 6.16% | 12/16/24 |
| 30 Year USDA Purchase | 6.55% | 12/16/24 |
| 15 Year Conventional Purchase | 6.04% | 12/16/24 |
| 15 Year Conventional Refi | 6.06% | 12/16/24 |
| 15 Year Cash-out Refi | 6.06% | 12/16/24 |
| 15 Year FHA Purchase | 5.68% | 12/16/24 |
| 15 Year FHA Refi | 5.68% | 12/16/24 |
| 15 Year VA Purchase | 6.89% | 12/16/24 |
| 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. | ||
Member First Mortgage Mortgage Calculator
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This is not an official calculator from Member First Mortgage. It uses our SimulatedRate™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
2,384Origination Dollar Volume (All Markets)
$453,970,000Awards
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MEMBER FIRST MORTGAGE - 2021
MEMBER FIRST MORTGAGE is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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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 |
|---|---|---|---|---|---|
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 465 | $84,285,000 | $181,258 | $3,537 | 3.07% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 180 | $44,010,000 | $244,500 | $4,681 | 3.08% |
| Outside of Metro Areas | 207 | $27,555,000 | $133,116 | $3,281 | 3.06% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 119 | $22,085,000 | $185,588 | $3,616 | 3.14% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 89 | $20,635,000 | $231,854 | $5,190 | 3.14% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 56 | $15,110,000 | $269,821 | $5,080 | 3.16% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 42 | $13,590,000 | $323,571 | $6,745 | 2.96% |
| CLEVELAND, TN (FHA|USDA|VA) | 51 | $12,755,000 | $250,098 | $5,213 | 3.05% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 59 | $11,935,000 | $202,288 | $4,643 | 3.09% |
| MUSKEGON, MI (FHA|USDA|VA) | 90 | $11,910,000 | $132,333 | $2,874 | 3.09% |
| REDDING, CA (FHA|USDA|VA) | 36 | $10,290,000 | $285,833 | $5,388 | 3.30% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 19 | $9,455,000 | $497,632 | $4,131 | 2.97% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 52 | $8,530,000 | $164,038 | $3,245 | 3.20% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 49 | $7,085,000 | $144,592 | $3,589 | 3.04% |
| ANN ARBOR, MI (FHA|USDA|VA) | 33 | $6,795,000 | $205,909 | $2,776 | 2.93% |
| STATE COLLEGE, PA (FHA|USDA|VA) | 25 | $5,215,000 | $208,600 | $4,280 | 3.03% |
| TOLEDO, OH (FHA|USDA|VA) | 32 | $5,030,000 | $157,188 | $3,915 | 3.16% |
| ROME, GA (FHA|USDA|VA) | 33 | $4,585,000 | $138,939 | $4,351 | 2.98% |
| Cedartown, GA (FHA|USDA|VA) | 27 | $4,275,000 | $158,333 | $4,321 | 3.03% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 34 | $4,060,000 | $119,412 | $2,699 | 3.03% |
| SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) | 29 | $3,445,000 | $118,793 | $3,212 | 2.94% |
| Traverse City, MI (FHA|USDA|VA) | 18 | $3,130,000 | $173,889 | $4,229 | 3.03% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 14 | $3,060,000 | $218,571 | $6,932 | 2.96% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 8 | $2,450,000 | $306,250 | $8,668 | 2.83% |
| DOVER, DE (FHA|USDA|VA) | 8 | $2,370,000 | $296,250 | $5,784 | 2.91% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 20 | $2,370,000 | $118,500 | $4,013 | 3.17% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 6 | $2,370,000 | $395,000 | $7,673 | 2.79% |
| Marion, IN (FHA|USDA|VA) | 25 | $2,205,000 | $88,200 | $2,698 | 3.03% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 16 | $2,120,000 | $132,500 | $2,769 | 3.17% |
| EL PASO, TX (FHA|USDA|VA) | 12 | $2,000,000 | $166,667 | $4,095 | 3.55% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 12 | $2,000,000 | $166,667 | $3,309 | 2.97% |
| Lebanon, NH-VT (FHA|USDA|VA) | 12 | $1,950,000 | $162,500 | $7,766 | 3.55% |
| Holland, MI (FHA|USDA|VA) | 10 | $1,940,000 | $194,000 | $4,910 | 3.13% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $1,905,000 | $635,000 | $4,205 | 3.08% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 2 | $1,710,000 | $855,000 | $23,536 | 3.00% |
| CHICO, CA (FHA|USDA|VA) | 4 | $1,630,000 | $407,500 | $6,269 | 3.16% |
| HARRISBURG-CARLISLE, PA (FHA|USDA|VA) | 8 | $1,620,000 | $202,500 | $7,973 | 3.36% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 4 | $1,610,000 | $402,500 | $9,613 | 2.62% |
| SAGINAW, MI (FHA|USDA|VA) | 16 | $1,600,000 | $100,000 | $3,461 | 3.21% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $1,580,000 | $790,000 | $12,194 | 2.81% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 8 | $1,580,000 | $197,500 | $5,741 | 2.63% |
| JACKSON, MI (FHA|USDA|VA) | 14 | $1,540,000 | $110,000 | $3,967 | 3.41% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 7 | $1,505,000 | $215,000 | $5,166 | 3.09% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 4 | $1,490,000 | $372,500 | $6,173 | 2.81% |
| Jasper, IN (FHA|USDA|VA) | 11 | $1,435,000 | $130,455 | $2,388 | 2.89% |
| WACO, TX (FHA|USDA|VA) | 6 | $1,420,000 | $236,667 | $6,501 | 2.90% |
| READING, PA (FHA|USDA|VA) | 5 | $1,405,000 | $281,000 | $6,787 | 3.30% |
| SAVANNAH, GA (FHA|USDA|VA) | 9 | $1,365,000 | $151,667 | $4,000 | 3.21% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 8 | $1,340,000 | $167,500 | $3,380 | 2.84% |
| VINELAND-BRIDGETON, NJ (FHA|USDA|VA) | 8 | $1,320,000 | $165,000 | $3,881 | 2.88% |
| TRENTON-PRINCETON, NJ (FHA|USDA|VA) | 5 | $1,285,000 | $257,000 | $6,863 | 3.05% |
| KOKOMO, IN (FHA|USDA|VA) | 11 | $1,285,000 | $116,818 | $3,040 | 3.10% |
| KNOXVILLE, TN (FHA|USDA|VA) | 6 | $1,240,000 | $206,667 | $3,815 | 2.77% |
| Sturgis, MI (FHA|USDA|VA) | 10 | $1,240,000 | $124,000 | $4,345 | 2.95% |
| Gillette, WY (FHA|USDA|VA) | 5 | $1,165,000 | $233,000 | $3,710 | 2.85% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 3 | $1,095,000 | $365,000 | $5,884 | 3.33% |
| FLINT, MI (FHA|USDA|VA) | 9 | $1,065,000 | $118,333 | $2,530 | 2.89% |
| MONROE, MI (FHA|USDA|VA) | 7 | $1,045,000 | $149,286 | $2,805 | 3.23% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 6 | $1,030,000 | $171,667 | $4,236 | 3.04% |
| LAS CRUCES, NM (FHA|USDA|VA) | 8 | $1,030,000 | $128,750 | $2,807 | 3.08% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 7 | $1,005,000 | $143,571 | $6,622 | 3.23% |
| Statesboro, GA (FHA|USDA|VA) | 6 | $970,000 | $161,667 | $6,367 | 3.23% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $8,558 | 3.25% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 6 | $960,000 | $160,000 | $5,712 | 3.23% |
| SAN ANGELO, TX (FHA|USDA|VA) | 6 | $960,000 | $160,000 | $4,110 | 3.31% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 5 | $955,000 | $191,000 | $3,915 | 3.13% |
| OCEAN CITY, NJ (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $4,416 | 2.88% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 3 | $885,000 | $295,000 | $5,514 | 3.00% |
| ALBANY, GA (FHA|USDA|VA) | 5 | $875,000 | $175,000 | $4,151 | 3.05% |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $8,581 | 3.00% |
| ELKHART-GOSHEN, IN (FHA|USDA|VA) | 5 | $865,000 | $173,000 | $3,640 | 3.58% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 3 | $865,000 | $288,333 | $4,107 | 3.21% |
| CHAMPAIGN-URBANA, IL (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $3,700 | 3.06% |
| MODESTO, CA (FHA|USDA|VA) | 2 | $850,000 | $425,000 | $7,688 | 3.19% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $7,485 | 2.67% |
| Athens, TX (FHA|USDA|VA) | 1 | $815,000 | $815,000 | $37,082 | 2.75% |
| Susanville, CA (FHA|USDA|VA) | 3 | $785,000 | $261,667 | $3,370 | 3.21% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $760,000 | $380,000 | $5,623 | 3.13% |
| ALTOONA, PA (FHA|USDA|VA) | 6 | $750,000 | $125,000 | $4,874 | 3.23% |
| Adrian, MI (FHA|USDA|VA) | 6 | $740,000 | $123,333 | $3,025 | 3.44% |
| Sheridan, WY (FHA|USDA|VA) | 2 | $730,000 | $365,000 | $4,216 | 3.50% |
| BAY CITY, MI (FHA|USDA|VA) | 7 | $705,000 | $100,714 | $2,330 | 3.18% |
| Alma, MI (FHA|USDA|VA) | 8 | $670,000 | $83,750 | $3,092 | 3.38% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $4,709 | 3.63% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $5,867 | 4.38% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 4 | $620,000 | $155,000 | $4,251 | 3.31% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $5,824 | 3.38% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 2 | $600,000 | $300,000 | $12,996 | 3.25% |
| Sault Ste. Marie, MI (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $3,388 | 3.13% |
| DuBois, PA (FHA|USDA|VA) | 5 | $585,000 | $117,000 | $4,083 | 3.13% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $11,986 | 3.63% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $5,476 | 3.08% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 3 | $555,000 | $185,000 | $3,932 | 2.88% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $6,608 | 2.88% |
| LANCASTER, PA (FHA|USDA|VA) | 3 | $545,000 | $181,667 | $6,226 | 3.17% |
| GAINESVILLE, GA (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $4,138 | 2.69% |
| NILES, MI (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $3,142 | 3.00% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $3,769 | 2.50% |
| DALTON, GA (FHA|USDA|VA) | 4 | $510,000 | $127,500 | $4,839 | 3.28% |
| ABILENE, TX (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $4,967 | 3.44% |
| Red Bluff, CA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $6,225 | 3.00% |
| Jacksonville, IL (FHA|USDA|VA) | 4 | $460,000 | $115,000 | $2,452 | 3.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 3 | $455,000 | $151,667 | $3,050 | 2.63% |
| Plymouth, IN (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $2,848 | 3.06% |
| Jefferson, GA (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $4,986 | 2.75% |
| Warsaw, IN (FHA|USDA|VA) | 4 | $430,000 | $107,500 | $3,065 | 2.94% |
| Cadillac, MI (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $4,785 | 3.50% |
| Calhoun, GA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $7,913 | 3.13% |
| SCRANTON--WILKES-BARRE, PA (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $6,085 | 3.58% |
| FORT WAYNE, IN (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $2,318 | 3.25% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $10,786 | 2.88% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $4,334 | 3.06% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $4,995 | 3.38% |
| ROCKFORD, IL (FHA|USDA|VA) | 4 | $380,000 | $95,000 | $2,882 | 3.16% |
| Hillsdale, MI (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $3,285 | 3.00% |
| Vicksburg, MS (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $7,994 | 3.19% |
| Dayton, TN (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $2,566 | 3.00% |
| Key West, FL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,855 | 3.38% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $360,000 | $180,000 | $5,674 | 3.44% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $3,324 | 3.31% |
| BATON ROUGE, LA (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $6,757 | 2.50% |
| Big Rapids, MI (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $2,494 | 2.96% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $3,354 | 2.50% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $12,077 | 3.50% |
| Summerville, GA (FHA|USDA|VA) | 3 | $335,000 | $111,667 | $4,430 | 3.21% |
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $2,646 | 3.50% |
| Shelton, WA (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $13,781 | 2.25% |
| Lufkin, TX (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $6,678 | 2.94% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,076 | 2.63% |
| Lewistown, PA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,990 | 3.13% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $5,748 | 3.38% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $10,639 | 3.50% |
| Fremont, OH (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $3,462 | 3.00% |
| Brownwood, TX (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $3,773 | 3.56% |
| Tiffin, OH (FHA|USDA|VA) | 2 | $290,000 | $145,000 | $3,961 | 2.94% |
| Sterling, IL (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $2,641 | 3.19% |
| NEW HAVEN-MILFORD, CT (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,505 | 3.00% |
| Russellville, AR (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,605 | 2.50% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $7,500 | 2.88% |
| Tupelo, MS (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,679 | 3.13% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,024 | 3.00% |
| Barre, VT (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $9,689 | 3.88% |
| BURLINGTON-SOUTH BURLINGTON, VT (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $4,060 | 2.63% |
| Seneca, SC (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,150 | 3.38% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,858 | 2.75% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $7,119 | 2.75% |
| BARNSTABLE TOWN, MA (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,051 | 2.38% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $4,555 | 3.25% |
| Greenwood, SC (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $2,926 | 3.06% |
| HAGERSTOWN-MARTINSBURG, MD-WV (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $5,762 | 2.50% |
| Pottsville, PA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $8,915 | 2.63% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $11,990 | 3.75% |
| Meadville, PA (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $6,016 | 3.06% |
| Waycross, GA (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $5,474 | 3.25% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,826 | 3.50% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,999 | 3.00% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $10,863 | 3.38% |
| EAST STROUDSBURG, PA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,072 | 3.00% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,821 | 1.99% |
| Altus, OK (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,282 | 2.88% |
| Coldwater, MI (FHA|USDA|VA) | 2 | $200,000 | $100,000 | $3,765 | 2.81% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,100 | 3.25% |
| Crawfordsville, IN (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,425 | 2.00% |
| SALINAS, CA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,514 | 2.63% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $3,911 | 3.13% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,801 | 3.13% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,623 | 3.50% |
| Ottawa, IL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,786 | 3.25% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $8,214 | 3.00% |
| VALDOSTA, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,837 | 3.25% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,769 | 3.25% |
| Rutland, VT (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,200 | 3.63% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,570 | 2.75% |
| Angola, IN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,622 | 3.63% |
| HINESVILLE, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,577 | 3.25% |
| TULSA, OK (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,562 | 2.25% |
| Tifton, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,211 | 2.75% |
| Peru, IN (FHA|USDA|VA) | 2 | $160,000 | $80,000 | $3,131 | 3.31% |
| Newberry, SC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,745 | 3.00% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,846 | 4.88% |
| ERIE, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,701 | 3.50% |
| LEBANON, PA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,115 | 3.25% |
| Duncan, OK (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,809 | 3.75% |
| Oxford, MS (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 4.00% |
| COLUMBUS, IN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $2,510 | 3.63% |
| Lincoln, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,878 | 3.63% |
| AKRON, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,416 | 3.38% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,822 | 2.75% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,833 | 3.25% |
| Auburn, IN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $4,864 | 3.38% |
| HUNTINGTON-ASHLAND, WV-KY-OH (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,432 | 2.75% |
| CHAMBERSBURG-WAYNESBORO, PA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.88% |
| KANKAKEE, IL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,794 | 3.38% |
| Huntington, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,659 | 2.88% |
| Wabash, IN (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,810 | 2.88% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,431 | 2.50% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $2,587 | 3.38% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,259 | 3.00% |
| Clovis, NM (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,004 | 3.63% |
| Findlay, OH (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,264 | 3.25% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,567 | 2.75% |
| Americus, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,647 | 2.75% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 4.50% |
| Washington, IN (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $2,357 | 4.50% |
| Big Spring, TX (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,611 | 3.88% |
| Mount Pleasant, MI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $0 | 3.50% |
| Lock Haven, PA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $3,747 | 2.63% |
| Taylorville, IL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $2,389 | 3.25% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,174 | 2.88% |
| SEBRING-AVON PARK, FL (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,607 | 2.88% |
| Connersville, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,807 | 3.00% |
| Richmond, IN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $2,158 | 3.13% |
| MUNCIE, IN (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,073 | 2.63% |
| Houghton, MI (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $3,698 | 3.25% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $2,853 | 4.00% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,902 | 3.13% |
| OCALA, FL (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $2,834 | 3.38% |
| New Castle, PA (FHA|USDA|VA) | 1 | $35,000 | $35,000 | $0 | 3.13% |
| DECATUR, IL (FHA|USDA|VA) | 1 | $25,000 | $25,000 | $2,246 | 2.50% |
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.
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Product Mix
For 2021, Member First Mortgage's most frequently originated type of loan was Conventional, with 1,852 originations. Their 2nd most popular type was FHA, with 426 originations.
Loan Reason
For 2021, Member First Mortgage's most frequently cited loan purpose was Refi, with 1,357 originations. The 2nd most popular reason was Home Purchase, with 1,017 originations.
Loan Duration/Length
For 2021, Member First Mortgage's most frequently cited loan duration was 30 Year, with 1,643 originations. The 2nd most popular length was 15 Year, with 543 originations.
Origination Fees/Closing Costs
Member First Mortgage's average total fees were $4,652, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,208 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 1,083 | $213,505,000 | $197,142 |
| 2.5-3% | 917 | $169,015,000 | $184,313 |
| <2.5% | 304 | $54,700,000 | $179,934 |
| 4-5% | 77 | $16,085,000 | $208,896 |
| 5-6% | 3 | $665,000 | $221,667 |
During 2021, Member First Mortgage's average interest rate for loans was 3.25%, while their most frequently originated rate bucket for loans was 3-4%, with 1,083 originations.
Loan Sizing
2021 saw Member First Mortgage place emphasis on $100k-200k loans with 1,084 originations, totaling $158,630,000 in origination value.
Applicant Income
Member First Mortgage lent most frequently to those with incomes in the $50k-75k range, with 704 originations. The second most popular income band? $50k or less, with 557 originations.
Applicant Debt to Income Ratio
Member First Mortgage lent most frequently to those with DTI ratios of 20-30%, with 546 originations. The next most common DTI ratio? 30-36%, with 476 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications85.31%
Member First Mortgage has an average approval rate.
Pick Rate
Approvals leading to origination47.73%
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 | 2,384 | $453,970,000 | $190,424 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| MEMBER FIRST MORTGAGE, LLC | Conventional home mortgage | Closing on a mortgage | 1 | 33.3% |
| MEMBER FIRST MORTGAGE, LLC | Conventional home mortgage | Incorrect information on your report | 1 | 33.3% |
| MEMBER FIRST MORTGAGE, LLC | Conventional home mortgage | Trouble during payment process | 1 | 33.3% |