Pyramid Mortgage Rates, Fees & Info
Tucson, AZLEI: 54930083FPG64S0CPC15
Tax ID: 86-0049558
Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Review & Overview
Pyramid is a smaller mortgage company specializing in Cash Out Refi and Refi loans. Pyramid has a high proportion of conventional loans. Their top markets by origination volume include: Tucson, Phoenix, Show Low, Sierra Vista, and Shawnee among others. We have data for 5 markets. (Some data included below & more in-depth data is available with an active subscription.)Pyramid has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
169Origination Dollar Volume (All Markets)
$21,755,000Top 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 |
|---|---|---|---|---|---|
| TUCSON, AZ (FHA|USDA|VA) | 160 | $20,640,000 | $129,000 | $0 | 0.00% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 5 | $755,000 | $151,000 | $0 | 0.00% |
| Show Low, AZ (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 0.00% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $0 | 0.00% |
| Shawnee, OK (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 169 | $21,755,000 | $128,728 | $0 | 0.00% |
For 2020, Pyramid's most frequently originated type of loan was Conventional, with 169 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Cash Out Refi | 98 | $11,530,000 | $117,653 | $0 | 0.00% |
| Refi | 66 | $9,100,000 | $137,879 | $0 | 0.00% |
| Home Purchase | 5 | $1,125,000 | $225,000 | $0 | 0.00% |
For 2020, Pyramid's most frequently cited loan purpose was Cash Out Refi, with 98 originations. The 2nd most popular reason was Refi, with 66 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 169 | $21,755,000 | $128,728 | $0 | 0.00% |
For 2020, Pyramid's most frequently cited loan duration was Other, with 169 originations.
Loan Sizing
2020 saw Pyramid place emphasis on $100,000 or less loans with 75 originations, totaling $4,355,000 in origination value.
Applicant Income
Pyramid lent most frequently to those with incomes in the $50k-75k range, with 47 originations. The second most popular income band? $75k-100k, with 40 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 169 | $21,755,000 | $128,728 | $0 | 0.00% |
Pyramid lent most frequently to those with DTI ratios of Exempt%, with 169 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications98.53%
Pyramid has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination86.39%
Pyramid has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 169 | $21,755,000 | $128,728 |