Vision One Mortgage Rates, Fees & Info

NEWPORT BEACH, CA

LEI: 5493007VDE1SMI6Z0Q04

Tax ID: 20-3828708

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

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

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Mortgage Data

  • SimulatedRates™
  • Review & 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 by origination volume include: Los Angeles, Riverside, Seattle, Sacramento, and San Diego among others. We have data for 61 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Vision One Mortgage has an average approval rate when compared to the average across all lenders. They have an average pick rate when compared to similar lenders. Vision One Mortgage is typically a high 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 7.20% 12/4/22
    30 Year Conventional Refi 6.95% 12/4/22
    30 Year Cash-out Refi 7.17% 12/4/22
    30 Year FHA Purchase 7.96% 12/4/22
    30 Year FHA Refi 7.52% 12/4/22
    30 Year VA Purchase 6.78% 12/4/22
    30 Year VA Refi 6.21% 12/4/22
    15 Year Conventional Refi 6.46% 12/4/22
    15 Year Cash-out Refi 6.46% 12/4/22
    15 Year FHA Refi 7.83% 12/4/22
    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

    1,328

    Origination Dollar Volume (All Markets)

    $494,460,000

    Awards

    VISION ONE MORTGAGE FHA Loans gold VISION ONE MORTGAGE FHA Loans silver
    Show all (2) awards

    Relative Rate

    Vision One Mortgage's average 30 year fixed mortgage rate was 3.17%.

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

    This yields a difference of 0.02%.

    Relative Fees (Closing Costs)

    Vision One Mortgage's average total fees/closing costs for a 30 year fixed rate mortgage were $8,477.

    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
    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.

    Their top states include:
  • California (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Idaho (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Oregon (FHA|USDA|VA)
  • Similar Lenders

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

    STRATA Credit Union
    Similarity Rank: 195
    Christian Community Credit Union
    Similarity Rank: 354
    SAFE 1 CREDIT UNION
    Similarity Rank: 393
    Credence Funding Corporation
    Similarity Rank: 404
    AltaOne Federal Credit Union
    Similarity Rank: 444
    El Dorado Savings Bank, F.S.B.
    Similarity Rank: 624
    CASTPARTS EMPLOYEES
    Similarity Rank: 660
    CONNECTIONS
    Similarity Rank: 750

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Vision One Mortgage's most frequently originated type of loan was Conventional, with 1,070 originations. Their 2nd most popular type was FHA, with 240 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. 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 2021, Vision One Mortgage's most frequently cited loan purpose was Refi, with 523 originations. The 2nd most popular reason was 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 2021, Vision One Mortgage's most frequently cited loan duration was 30 Year, with 1,207 originations. The 2nd most popular length was 15 Year, with 61 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $5k+ 590 $237,870,000 $403,169
    $2k-3k 245 $96,785,000 $395,041
    $3k-4k 212 $70,700,000 $333,491
    $4k-5k 177 $53,645,000 $303,079
    $1k-2k 13 $4,165,000 $320,385
    $<1k 2 $460,000 $230,000

    Vision One Mortgage's average total fees were $8,477, while their most frequently occuring range of origination fees (closing costs) 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 for loans was 3.17%, while their most frequently originated rate bucket for loans was 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 applications
    73.72%

    Vision One Mortgage has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    91.87%

    Vision One Mortgage has an 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%