Vision One Mortgage Rates, Fees & Info
NEWPORT BEACH, CALEI: 5493007VDE1SMI6Z0Q04
Tax ID: 20-3828708
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Vision One Mortgage is a smaller mortgage company specializing in Refi, Cash Out Refi, and Home Purchase loans. Vision One Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. Their top markets include Los Angeles, Riverside, Seattle, Sacramento, and San Diego among others. Vision One Mortgage has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Vision One Mortgage is typically a high fee lendor.Originations
1,328Origination Dollar Volume (All Markets)
$494,460,000Awards
VISION ONE MORTGAGE - 2021
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For 2021, less than of lenders were eligible for this award.
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Relative Rate
Vision One Mortgage 's average 30 year fixed rate mortgage of loans were
3.17%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of 0.02%.
Relative Fees
Vision One Mortgage 's average total fees for a 30 year fixed rate
mortgage are $8,477.
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) | 603 | $261,045,000 | $432,910 | $8,809 | 3.11% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 437 | $153,825,000 | $352,002 | $8,180 | 3.18% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 27 | $8,325,000 | $308,333 | $7,130 | 2.99% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 17 | $6,015,000 | $353,824 | $9,768 | 2.97% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 17 | $5,755,000 | $338,529 | $7,113 | 3.03% |
| BOISE CITY, ID (FHA|USDA|VA) | 25 | $5,555,000 | $222,200 | $6,511 | 3.02% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 18 | $4,780,000 | $265,556 | $6,879 | 3.20% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 12 | $3,820,000 | $318,333 | $6,674 | 3.03% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 8 | $3,610,000 | $451,250 | $11,513 | 3.34% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 16 | $3,460,000 | $216,250 | $6,262 | 3.31% |
| FRESNO, CA (FHA|USDA|VA) | 13 | $2,685,000 | $206,538 | $6,905 | 3.17% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 5 | $2,425,000 | $485,000 | $12,242 | 3.43% |
| EL CENTRO, CA (FHA|USDA|VA) | 10 | $2,350,000 | $235,000 | $8,017 | 3.18% |
| STOCKTON, CA (FHA|USDA|VA) | 9 | $2,255,000 | $250,556 | $6,451 | 2.94% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 6 | $2,200,000 | $366,667 | $5,834 | 2.89% |
| SALINAS, CA (FHA|USDA|VA) | 4 | $1,840,000 | $460,000 | $14,876 | 3.50% |
| MODESTO, CA (FHA|USDA|VA) | 7 | $1,835,000 | $262,143 | $7,625 | 3.27% |
| Outside of Metro Areas | 8 | $1,830,000 | $228,750 | $7,946 | 3.28% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 7 | $1,675,000 | $239,286 | $6,908 | 3.29% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 7 | $1,655,000 | $236,429 | $6,218 | 2.93% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 6 | $1,310,000 | $218,333 | $6,431 | 3.00% |
| VISALIA, CA (FHA|USDA|VA) | 5 | $1,195,000 | $239,000 | $5,928 | 3.45% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 5 | $1,035,000 | $207,000 | $6,076 | 2.90% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 4 | $950,000 | $237,500 | $6,720 | 2.78% |
| Outside of Metro Areas | 3 | $925,000 | $308,333 | $8,486 | 3.46% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $7,739 | 2.88% |
| WENATCHEE, WA (FHA|USDA|VA) | 3 | $765,000 | $255,000 | $6,603 | 3.17% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $7,533 | 3.04% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $5,345 | 3.42% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $6,279 | 3.25% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $8,203 | 3.44% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $0 | 3.50% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $16,680 | 3.63% |
| POCATELLO, ID (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $6,441 | 3.06% |
| Sandpoint, ID (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $6,681 | 3.25% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $13,270 | 3.38% |
| TWIN FALLS, ID (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $6,459 | 3.44% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $9,266 | 3.13% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $7,541 | 3.13% |
| MADERA, CA (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $9,186 | 2.88% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $5,284 | 3.00% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,635 | 3.25% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $7,408 | 3.38% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,880 | 3.50% |
| MERCED, CA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,665 | 2.63% |
| Burley, ID (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,116 | 3.50% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,223 | 2.88% |
| REDDING, CA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,785 | 3.25% |
| Shelton, WA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,579 | 3.50% |
| Othello, WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $6,551 | 2.88% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,785 | 2.88% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,700 | 3.88% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,501 | 3.88% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,237 | 3.38% |
| Moscow, ID (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,179 | 3.25% |
| LONGVIEW, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $3,752 | 3.00% |
| La Grande, OR (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $7,435 | 3.13% |
| TUCSON, AZ (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 3.63% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $5,819 | 3.38% |
| WALLA WALLA, WA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,183 | 3.88% |
| Aberdeen, WA (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $6,688 | 2.63% |
Vision One Mortgage 's top markets include Los Angeles, Riverside, Seattle, Sacramento, and San Diego among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 1,070 | $389,880,000 | $364,374 | $8,174 | 3.15% |
| FHA | 240 | $95,900,000 | $399,583 | $8,765 | 3.11% |
| VA | 18 | $8,680,000 | $482,222 | $7,699 | 2.79% |
For the 2021 period, Vision One Mortgage 's most frequently originated loan type of loans were Conventional, with 1,070 originations. Their 2nd most popular type is FHA, with 240 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Refi | 523 | $175,955,000 | $336,434 | $7,329 | 3.01% |
| Cash Out Refi | 390 | $133,940,000 | $343,436 | $8,438 | 3.25% |
| Home Purchase | 357 | $164,065,000 | $459,566 | $9,585 | 3.21% |
| Home Improvement | 58 | $20,500,000 | $353,448 | $7,660 | 3.17% |
For the 2021, Vision One Mortgage 's most frequently cited loan purpose of loans were Refi, with 523 originations. The 2nd most popular reason of loans were Cash Out Refi, with 390 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 1,207 | $463,875,000 | $384,321 | $8,477 | 3.17% |
| 15 Year | 61 | $13,235,000 | $216,967 | $6,066 | 2.61% |
| 20 Year | 47 | $13,365,000 | $284,362 | $6,683 | 2.95% |
| Other | 11 | $3,655,000 | $332,273 | $6,050 | 3.03% |
| 10 Year | 2 | $330,000 | $165,000 | $6,310 | 2.44% |
For the 2021, Vision One Mortgage 's most frequently cited loan length of loans were 30 Year, with 1,207 originations. The 2nd most popular length of loans were 15 Year, with 61 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $5k+ | 590 | $237,870,000 | $403,169 |
| $3k-4k | 389 | $124,345,000 | $319,653 |
| $2k-3k | 245 | $96,785,000 | $395,041 |
| $1k-2k | 13 | $4,165,000 | $320,385 |
| $<1k | 2 | $460,000 | $230,000 |
$8,477 of loans were Vision One Mortgage 's average total fees, while their most frequently occuring range of origination fees were in the $5k+ bucket, with 590 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 733 | $278,255,000 | $379,611 |
| 2.5-3% | 494 | $180,590,000 | $365,567 |
| <2.5% | 87 | $28,825,000 | $331,322 |
| 4-5% | 13 | $5,465,000 | $420,385 |
| 5-6% | 1 | $1,325,000 | $1,325,000 |
During 2021, Vision One Mortgage 's average interest rate of loans were 3.17%, while their most frequently originated rate bucket of loans were 3-4%, with 733 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 652 | $194,160,000 | $297,791 | $7,567 | 3.12% |
| $400k-600k | 458 | $218,260,000 | $476,550 | $9,098 | 3.15% |
| $100k-200k | 129 | $21,065,000 | $163,295 | $6,086 | 3.13% |
| $600k-1MM | 86 | $59,540,000 | $692,326 | $12,336 | 3.22% |
| $100,000 or less | 2 | $110,000 | $55,000 | $2,398 | 2.75% |
| $1MM+ | 1 | $1,325,000 | $1,325,000 | $20,140 | 5.50% |
2021 saw Vision One Mortgage place emphasis on $200k-400k loans with 652 originations, totaling $194,160,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $75k-100k | 382 | $144,650,000 | $378,665 | $8,201 | 3.14% |
| $50k-75k | 354 | $106,460,000 | $300,734 | $7,960 | 3.13% |
| $100k-150k | 323 | $145,875,000 | $451,625 | $8,897 | 3.13% |
| $50k or less | 125 | $27,505,000 | $220,040 | $7,105 | 3.16% |
| $150k-250k | 103 | $51,465,000 | $499,660 | $9,950 | 3.14% |
| $250k+ | 24 | $12,740,000 | $530,833 | $9,346 | 3.22% |
Vision One Mortgage lent most frequently to those with incomes in the $75k-100k range, with 382 originations. The second most popular income band? $50k-75k, with 354 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30-36% | 176 | $60,480,000 | $343,636 | $7,748 | 3.13% |
| 20-30% | 142 | $44,840,000 | $315,775 | $7,461 | 3.08% |
| 50-60% | 112 | $45,580,000 | $406,964 | $9,158 | 3.11% |
| 44% | 101 | $38,235,000 | $378,564 | $9,291 | 3.19% |
| 43% | 91 | $35,495,000 | $390,055 | $8,724 | 3.23% |
| 49% | 78 | $31,450,000 | $403,205 | $9,748 | 3.17% |
| 48% | 67 | $26,185,000 | $390,821 | $9,422 | 3.20% |
| 40% | 62 | $23,840,000 | $384,516 | $8,192 | 3.08% |
| 41% | 62 | $24,580,000 | $396,452 | $7,475 | 3.14% |
| 45% | 58 | $22,020,000 | $379,655 | $7,862 | 3.09% |
| 47% | 57 | $22,105,000 | $387,807 | $8,117 | 3.19% |
| 42% | 54 | $21,660,000 | $401,111 | $8,602 | 3.13% |
| 46% | 53 | $21,545,000 | $406,509 | $7,940 | 3.13% |
| 36% | 47 | $17,065,000 | $363,085 | $7,959 | 3.15% |
| 39% | 46 | $17,660,000 | $383,913 | $9,043 | 3.21% |
| 38% | 42 | $15,530,000 | $369,762 | $7,629 | 3.21% |
| 37% | 37 | $13,005,000 | $351,486 | $7,710 | 3.12% |
| <20% | 25 | $6,915,000 | $276,600 | $6,721 | 2.88% |
| >60% | 1 | $505,000 | $505,000 | $0 | 3.50% |
Vision One Mortgage lent most frequently to those with DTI ratios of 30-36%, with 176 originations. The next most common DTI ratio? 20-30%, with 142 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not provided | 939 | $348,165,000 | $370,783 | $8,411 | 3.13% |
| White | 369 | $137,475,000 | $372,561 | $7,859 | 3.15% |
| Black | 13 | $4,815,000 | $370,385 | $8,357 | 3.19% |
| Asian | 3 | $2,115,000 | $705,000 | $15,679 | 3.71% |
| Japanese | 2 | $900,000 | $450,000 | $9,652 | 3.06% |
| Chinese | 1 | $525,000 | $525,000 | $16,815 | 3.13% |
| Filipino | 1 | $465,000 | $465,000 | $8,160 | 3.63% |
Approval Rates
Total approvals of all applications85.62%
Vision One Mortgage has an average approval rate.
Pick Rate
Approvals leading to origination84.52%
Vision One Mortgage has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 1,328 | $494,460,000 | $372,334 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 1,328 | $494,460,000 | $372,334 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 85 | $18,565,000 | $218,412 | $6,442 | 2.89% |
| 40-60% | 272 | $82,520,000 | $303,382 | $7,541 | 3.05% |
| 60-80% | 611 | $232,955,000 | $381,268 | $8,470 | 3.21% |
| 80-100% | 355 | $158,835,000 | $447,423 | $8,982 | 3.16% |
| Over 100% | 3 | $1,465,000 | $488,333 | $5,879 | 2.67% |
| Under 20% | 2 | $120,000 | $60,000 | $2,798 | 2.38% |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Vision Mortgage Company, Ltd. | Home equity loan or line of credit (HELOC) | Closing on a mortgage | 1 | 100.0% |
