Loansnap Mortgage Rates, Fees & Info

Sacramento, CA

LEI: 5493007LCGK7U7USNX41

Tax ID: 33-0834150

5 stars - out of 5 stars, based on 36 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Loansnap is a smaller mortgage company specializing in Refi loans. Loansnap has a high proportion of conventional loans. Their top markets include Los Angeles, San Francisco, Denver, Phoenix, and Riverside among others. Loansnap has an above average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Loansnap is typically a low fee lendor.


Originations

1,269

Origination Dollar Volume (All Markets)

$498,855,000
Show all (36) awards

Relative Rate

Loansnap 's average 30 year fixed rate mortgage of loans were 2.86%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of -0.29%.

Relative Fees

Loansnap 's average total fees for a 30 year fixed rate mortgage are $1,696.

The average total origination fees for 30 year fixed rate mortgages (for all loan values, including both points & up-front fees in addition to origination fees) are $4,750.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 139 $65,095,000 $468,309 $1,384 2.77%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 69 $34,305,000 $497,174 $1,667 2.75%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 89 $34,135,000 $383,539 $1,460 2.77%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 94 $33,330,000 $354,574 $1,393 2.86%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 75 $28,705,000 $382,733 $1,605 2.85%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 55 $25,115,000 $456,636 $1,779 2.77%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 58 $19,880,000 $342,759 $1,871 2.84%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 42 $17,760,000 $422,857 $1,564 2.76%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 47 $17,685,000 $376,277 $1,495 2.75%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 39 $17,195,000 $440,897 $1,203 2.74%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 22 $12,840,000 $583,636 $1,340 2.65%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 25 $9,755,000 $390,200 $1,515 2.80%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) 24 $8,690,000 $362,083 $1,438 2.83%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 24 $8,480,000 $353,333 $3,022 2.79%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 24 $8,200,000 $341,667 $2,215 2.85%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 22 $7,260,000 $330,000 $3,366 2.72%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 16 $6,790,000 $424,375 $1,372 2.81%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 18 $6,410,000 $356,111 $2,907 2.93%
STOCKTON, CA (FHA|USDA|VA) 14 $5,790,000 $413,571 $1,181 2.71%
VALLEJO, CA (FHA|USDA|VA) 12 $4,660,000 $388,333 $1,939 2.78%
Outside of Metro Areas 13 $4,275,000 $328,846 $1,805 2.72%
MODESTO, CA (FHA|USDA|VA) 11 $4,035,000 $366,818 $2,453 2.76%
JACKSONVILLE, FL (FHA|USDA|VA) 11 $3,775,000 $343,182 $2,344 2.91%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 10 $3,710,000 $371,000 $2,439 2.79%
FRESNO, CA (FHA|USDA|VA) 10 $3,450,000 $345,000 $1,864 2.70%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 8 $3,430,000 $428,750 $3,504 2.64%
COLORADO SPRINGS, CO (FHA|USDA|VA) 11 $3,375,000 $306,818 $1,813 2.76%
COLUMBUS, OH (FHA|USDA|VA) 9 $3,365,000 $373,889 $1,464 2.75%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 7 $3,255,000 $465,000 $1,680 2.73%
BOULDER, CO (FHA|USDA|VA) 8 $3,160,000 $395,000 $1,006 2.84%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 6 $2,810,000 $468,333 $2,062 2.81%
GREELEY, CO (FHA|USDA|VA) 8 $2,700,000 $337,500 $1,944 2.89%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 6 $2,590,000 $431,667 $740 2.69%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 6 $2,520,000 $420,000 $1,893 2.79%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 7 $2,435,000 $347,857 $2,515 2.88%
PORT ST. LUCIE, FL (FHA|USDA|VA) 7 $2,275,000 $325,000 $2,913 3.02%
BAKERSFIELD, CA (FHA|USDA|VA) 7 $2,265,000 $323,571 $1,225 2.86%
MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) 6 $2,230,000 $371,667 $1,454 2.73%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 7 $2,145,000 $306,429 $1,658 2.89%
TUCSON, AZ (FHA|USDA|VA) 7 $2,095,000 $299,286 $1,245 2.68%
FORT COLLINS, CO (FHA|USDA|VA) 6 $2,060,000 $343,333 $1,391 2.73%
PITTSBURGH, PA (FHA|USDA|VA) 5 $1,975,000 $395,000 $1,976 2.47%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 5 $1,885,000 $377,000 $2,440 2.88%
BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) 4 $1,820,000 $455,000 $1,572 2.59%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $1,665,000 $333,000 $2,889 2.82%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ (FHA|USDA|VA) 5 $1,655,000 $331,000 $1,886 2.60%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 6 $1,620,000 $270,000 $1,906 2.92%
TRENTON-PRINCETON, NJ (FHA|USDA|VA) 4 $1,560,000 $390,000 $1,146 2.53%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 4 $1,530,000 $382,500 $1,172 2.53%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 4 $1,470,000 $367,500 $1,410 2.75%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 5 $1,395,000 $279,000 $1,911 2.80%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 4 $1,320,000 $330,000 $1,494 2.66%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 3 $1,295,000 $431,667 $2,325 2.88%
KANSAS CITY, MO-KS (FHA|USDA|VA) 4 $1,280,000 $320,000 $1,861 2.78%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 4 $1,180,000 $295,000 $2,770 3.03%
Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $1,065,000 $355,000 $1,285 3.00%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 3 $1,025,000 $341,667 $1,233 2.63%
PUNTA GORDA, FL (FHA|USDA|VA) 3 $1,015,000 $338,333 $1,807 2.96%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 3 $1,015,000 $338,333 $2,916 2.91%
AKRON, OH (FHA|USDA|VA) 3 $1,005,000 $335,000 $1,264 2.88%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 3 $995,000 $331,667 $1,914 2.88%
BEND, OR (FHA|USDA|VA) 3 $975,000 $325,000 $3,546 2.63%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 3 $935,000 $311,667 $2,486 3.00%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 3 $915,000 $305,000 $2,093 2.92%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 2 $860,000 $430,000 $702 2.69%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 2 $850,000 $425,000 $2,937 3.00%
Edwards, CO (FHA|USDA|VA) 2 $790,000 $395,000 $2,477 3.19%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 2 $750,000 $375,000 $3,317 2.56%
GAINESVILLE, GA (FHA|USDA|VA) 2 $740,000 $370,000 $523 2.38%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 3 $735,000 $245,000 $509 2.92%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 2 $730,000 $365,000 $1,873 3.38%
Durango, CO (FHA|USDA|VA) 2 $720,000 $360,000 $0 2.88%
TOLEDO, OH (FHA|USDA|VA) 2 $710,000 $355,000 $4,128 2.69%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 2 $700,000 $350,000 $2,891 2.81%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $680,000 $340,000 $2,065 2.88%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $670,000 $335,000 $1,040 2.50%
ANN ARBOR, MI (FHA|USDA|VA) 2 $670,000 $335,000 $2,785 2.75%
NAPA, CA (FHA|USDA|VA) 1 $665,000 $665,000 $3,071 3.00%
COLUMBUS, GA-AL (FHA|USDA|VA) 2 $640,000 $320,000 $1,407 2.75%
OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) 2 $630,000 $315,000 $1,107 2.81%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 2 $610,000 $305,000 $2,830 2.69%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 2 $590,000 $295,000 $2,071 2.81%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $580,000 $290,000 $1,521 3.06%
Nogales, AZ (FHA|USDA|VA) 2 $570,000 $285,000 $2,878 2.75%
GRAND JUNCTION, CO (FHA|USDA|VA) 2 $560,000 $280,000 $1,129 2.88%
MADERA, CA (FHA|USDA|VA) 2 $540,000 $270,000 $2,508 2.75%
Steamboat Springs, CO (FHA|USDA|VA) 1 $525,000 $525,000 $1,379 2.88%
LONGVIEW, WA (FHA|USDA|VA) 1 $515,000 $515,000 $763 2.38%
Seneca, SC (FHA|USDA|VA) 1 $515,000 $515,000 $549 2.75%
CEDAR RAPIDS, IA (FHA|USDA|VA) 1 $505,000 $505,000 $547 2.75%
HARRISBURG-CARLISLE, PA (FHA|USDA|VA) 1 $495,000 $495,000 $5,550 2.63%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $495,000 $495,000 $1,555 2.75%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $495,000 $495,000 $1,586 2.75%
NEW HAVEN-MILFORD, CT (FHA|USDA|VA) 1 $485,000 $485,000 $3,227 2.50%
Glenwood Springs, CO (FHA|USDA|VA) 1 $475,000 $475,000 $2,634 2.88%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 2 $470,000 $235,000 $1,887 2.69%
NILES, MI (FHA|USDA|VA) 1 $465,000 $465,000 $841 2.75%
KNOXVILLE, TN (FHA|USDA|VA) 1 $435,000 $435,000 $0 3.13%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 2 $430,000 $215,000 $2,244 3.06%
SOUTH BEND-MISHAWAKA, IN-MI (FHA|USDA|VA) 1 $425,000 $425,000 $267 2.63%
SALINAS, CA (FHA|USDA|VA) 1 $425,000 $425,000 $3,213 2.75%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $425,000 $425,000 $2,076 2.25%
TOPEKA, KS (FHA|USDA|VA) 1 $425,000 $425,000 $403 3.38%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $405,000 $405,000 $2,033 3.25%
Big Rapids, MI (FHA|USDA|VA) 1 $405,000 $405,000 $501 2.88%
WENATCHEE, WA (FHA|USDA|VA) 1 $385,000 $385,000 $2,082 2.99%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 1 $365,000 $365,000 $2,401 2.88%
Montrose, CO (FHA|USDA|VA) 1 $355,000 $355,000 $2,035 3.00%
VISALIA, CA (FHA|USDA|VA) 1 $355,000 $355,000 $517 3.13%
Watertown-Fort Atkinson, WI (FHA|USDA|VA) 1 $345,000 $345,000 $1,191 2.25%
GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) 1 $345,000 $345,000 $3,801 2.13%
Dayton, TN (FHA|USDA|VA) 1 $335,000 $335,000 $0 2.25%
YUBA CITY, CA (FHA|USDA|VA) 1 $335,000 $335,000 $2,040 2.75%
Torrington, CT (FHA|USDA|VA) 1 $335,000 $335,000 $291 2.63%
RACINE, WI (FHA|USDA|VA) 1 $325,000 $325,000 $0 2.75%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $325,000 $325,000 $1,862 2.88%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $325,000 $325,000 $1,690 2.75%
HOMOSASSA SPRINGS, FL (FHA|USDA|VA) 1 $315,000 $315,000 $3,029 2.88%
LANCASTER, PA (FHA|USDA|VA) 1 $315,000 $315,000 $5,789 2.75%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $315,000 $315,000 $1,739 2.99%
REDDING, CA (FHA|USDA|VA) 1 $315,000 $315,000 $0 2.88%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $305,000 $305,000 $25 3.25%
MERCED, CA (FHA|USDA|VA) 1 $305,000 $305,000 $2,852 2.75%
Lewisburg, TN (FHA|USDA|VA) 1 $305,000 $305,000 $2,001 2.50%
CORVALLIS, OR (FHA|USDA|VA) 1 $295,000 $295,000 $2,320 2.88%
JACKSON, MI (FHA|USDA|VA) 1 $275,000 $275,000 $3,026 2.88%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $275,000 $275,000 $2,232 3.00%
Whitewater, WI (FHA|USDA|VA) 1 $275,000 $275,000 $2,050 2.88%
Scottsbluff, NE (FHA|USDA|VA) 1 $265,000 $265,000 $2,200 2.25%
SAVANNAH, GA (FHA|USDA|VA) 1 $255,000 $255,000 $1,707 2.88%
CANTON-MASSILLON, OH (FHA|USDA|VA) 1 $255,000 $255,000 $3,449 2.75%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $255,000 $255,000 $1,825 2.38%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL (FHA|USDA|VA) 1 $255,000 $255,000 $834 3.13%
Shelton, WA (FHA|USDA|VA) 1 $245,000 $245,000 $2,002 2.75%
DALTON, GA (FHA|USDA|VA) 1 $245,000 $245,000 $2,480 2.75%
LEBANON, PA (FHA|USDA|VA) 1 $245,000 $245,000 $67 2.88%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 1 $235,000 $235,000 $1,560 2.88%
WARNER ROBINS, GA (FHA|USDA|VA) 1 $235,000 $235,000 $1,815 3.38%
Bellefontaine, OH (FHA|USDA|VA) 1 $205,000 $205,000 $1,924 3.75%
MONTGOMERY, AL (FHA|USDA|VA) 1 $205,000 $205,000 $1,663 3.13%
BATTLE CREEK, MI (FHA|USDA|VA) 1 $95,000 $95,000 $1,954 3.13%

Loansnap 's top markets include Los Angeles, San Francisco, Denver, Phoenix, and Riverside among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 1,269 $498,855,000 $393,109 $1,721 2.79%

For the 2021 period, Loansnap 's most frequently originated loan type of loans were Conventional, with 1,269 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 1,256 $494,120,000 $393,408 $1,721 2.79%
Home Purchase 8 $3,240,000 $405,000 $1,954 2.73%
Home Improvement 5 $1,495,000 $299,000 $1,411 2.70%

For the 2021, Loansnap 's most frequently cited loan purpose of loans were Refi, with 1,256 originations. The 2nd most popular reason of loans were Home Purchase, with 8 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 1,053 $419,765,000 $398,637 $1,696 2.86%
15 Year 126 $45,710,000 $362,778 $1,802 2.26%
20 Year 64 $23,190,000 $362,344 $1,895 2.68%
Other 26 $10,190,000 $391,923 $1,900 2.80%

For the 2021, Loansnap 's most frequently cited loan length of loans were 30 Year, with 1,053 originations. The 2nd most popular length of loans were 15 Year, with 126 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$<1k 1,008 $405,450,000 $402,232
$1k-2k 132 $44,180,000 $334,697
$2k-3k 67 $25,835,000 $385,597
$3k-4k 36 $13,400,000 $372,222
$5k+ 23 $9,005,000 $391,522

$1,696 of loans were Loansnap 's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,008 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
2.5-3% 869 $347,585,000 $399,983
<2.5% 199 $77,915,000 $391,533
3-4% 199 $72,935,000 $366,508
4-5% 2 $420,000 $210,000

During 2021, Loansnap 's average interest rate of loans were 2.86%, while their most frequently originated rate bucket of loans were 2.5-3%, with 869 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 710 $222,150,000 $312,887 $1,934 2.81%
$400k-600k 467 $223,025,000 $477,570 $1,373 2.73%
$600k-1MM 70 $49,350,000 $705,000 $1,748 2.92%
$100k-200k 19 $3,195,000 $168,158 $2,297 2.99%
$100,000 or less 2 $130,000 $65,000 $1,772 2.56%
$1MM+ 1 $1,005,000 $1,005,000 $1,273 3.38%

2021 saw Loansnap place emphasis on $200k-400k loans with 710 originations, totaling $222,150,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 413 $165,425,000 $400,545 $1,741 2.77%
$150k-250k 339 $152,075,000 $448,599 $1,614 2.73%
$75k-100k 260 $89,050,000 $342,500 $1,788 2.83%
$50k-75k 162 $49,380,000 $304,815 $1,916 2.88%
$250k+ 79 $39,145,000 $495,506 $1,439 2.77%
$50k or less 16 $3,780,000 $236,250 $1,811 2.98%

Loansnap lent most frequently to those with incomes in the $100k-150k range, with 413 originations. The second most popular income band? $150k-250k, with 339 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 372 $147,760,000 $397,204 $1,718 2.77%
30-36% 260 $99,840,000 $384,000 $1,722 2.80%
<20% 139 $52,715,000 $379,245 $1,616 2.72%
44% 61 $25,345,000 $415,492 $1,678 2.79%
37% 57 $20,175,000 $353,947 $1,995 2.80%
36% 52 $20,120,000 $386,923 $1,721 2.83%
39% 47 $20,075,000 $427,128 $1,446 2.81%
40% 44 $17,170,000 $390,227 $2,216 2.89%
38% 43 $18,665,000 $434,070 $1,495 2.80%
42% 40 $15,460,000 $386,500 $2,014 2.88%
43% 36 $14,620,000 $406,111 $1,865 2.75%
41% 35 $14,175,000 $405,000 $1,978 2.83%
48% 18 $6,450,000 $358,333 $1,533 2.94%
45% 18 $7,200,000 $400,000 $1,311 2.81%
46% 17 $7,095,000 $417,353 $1,460 2.84%
47% 15 $6,365,000 $424,333 $1,628 2.72%
49% 12 $4,490,000 $374,167 $1,183 2.91%
50-60% 3 $1,135,000 $378,333 $2,168 2.37%

Loansnap lent most frequently to those with DTI ratios of 20-30%, with 372 originations. The next most common DTI ratio? 30-36%, with 260 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 801 $307,455,000 $383,839 $1,720 2.80%
Not provided 285 $114,645,000 $402,263 $1,861 2.78%
Asian 130 $57,320,000 $440,923 $1,336 2.72%
Black 35 $12,925,000 $369,286 $1,818 2.90%
Native Hawaiian 9 $3,675,000 $408,333 $2,192 2.71%
American Indian 9 $2,835,000 $315,000 $2,091 2.99%

Approval Rates

Total approvals of all applications
90.41%

Loansnap has an average approval rate.

Pick Rate

Approvals leading to origination
-20.06%

Loansnap 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 1,269 $498,855,000 $393,109

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,269 $498,855,000 $393,109

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 72 $25,920,000 $360,000 $1,528 2.65%
40-60% 410 $159,920,000 $390,049 $1,577 2.72%
60-80% 738 $295,050,000 $399,797 $1,823 2.84%
80-100% 42 $16,130,000 $384,048 $1,620 2.88%
Under 20% 7 $1,835,000 $262,143 $2,129 2.42%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
LoanSnap, Inc. Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 2 50.0%
LoanSnap, Inc. Conventional home mortgage Closing on a mortgage 2 50.0%