Data Mortgage Rates, Fees & Info
Sacramento, CALEI: 5493008E4KBJCB6UKR64
Tax ID: 33-0175937
Latest/2021 | 2020 Data | 2019 Data | 2018 Data
Jump to:
Mortgage Data
Review & Overview
Data Mortgage is a smaller mortgage company specializing in Home Purchase, Refi, and Cash Out Refi loans. Data Mortgage has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a a low proportion of FHA loans. (This may mean they shy away from first time homebuyers.) They have a low ratio of USDA loans. Their top markets by origination volume include: Los Angeles, Las Vegas, Riverside, Sacramento, and San Diego among others. We have data for 142 markets. (Some data included below & more in-depth data is available with an active subscription.)Data Mortgage has an above average approval rate when compared to the average across all lenders. Data 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 | 6.95% | 12/4/22 |
| 30 Year Conventional Refi | 6.88% | 12/4/22 |
| 30 Year Cash-out Refi | 7.06% | 12/4/22 |
| 30 Year FHA Purchase | 8.33% | 12/4/22 |
| 30 Year FHA Refi | 7.65% | 12/4/22 |
| 30 Year VA Purchase | 6.84% | 12/4/22 |
| 30 Year VA Refi | 6.25% | 12/4/22 |
| 30 Year USDA Purchase | 7.49% | 12/4/22 |
| 30 Year USDA Refi | 7.09% | 12/4/22 |
| 15 Year Conventional Purchase | 6.26% | 12/4/22 |
| 15 Year Conventional Refi | 6.10% | 12/4/22 |
| 15 Year Cash-out Refi | 6.10% | 12/4/22 |
| 15 Year FHA Purchase | 6.73% | 12/4/22 |
| 15 Year FHA Refi | 5.76% | 12/4/22 |
| 15 Year VA Purchase | 5.76% | 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
2,602Origination Dollar Volume (All Markets)
$856,880,000Relative Rate
Data Mortgage's average 30 year fixed mortgage rate was
3.19%.
The 2021 average 30 year fixed rate mortgage across all markets and lenders was 3.15%.
This yields a difference of 0.04%.
Relative Fees (Closing Costs)
Data Mortgage's average total fees/closing costs for a 30 year fixed rate
mortgage were $6,637.
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) | 569 | $276,945,000 | $486,722 | $6,582 | 3.16% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 691 | $185,705,000 | $268,748 | $5,805 | 3.29% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 210 | $77,340,000 | $368,286 | $6,615 | 3.10% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 201 | $67,065,000 | $333,657 | $6,331 | 3.23% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 61 | $25,435,000 | $416,967 | $5,663 | 3.36% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 56 | $16,790,000 | $299,821 | $4,479 | 3.40% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 39 | $15,575,000 | $399,359 | $5,474 | 3.15% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 70 | $14,690,000 | $209,857 | $5,180 | 3.32% |
| Outside of Metro Areas | 57 | $11,805,000 | $207,105 | $5,487 | 3.29% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 15 | $9,605,000 | $640,333 | $13,392 | 2.80% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 36 | $9,460,000 | $262,778 | $5,508 | 3.05% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 12 | $7,630,000 | $635,833 | $7,979 | 3.18% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 36 | $7,010,000 | $194,722 | $6,281 | 3.43% |
| YUBA CITY, CA (FHA|USDA|VA) | 22 | $6,600,000 | $300,000 | $8,597 | 2.87% |
| PROVO-OREM, UT (FHA|USDA|VA) | 20 | $5,330,000 | $266,500 | $5,516 | 3.40% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 18 | $5,090,000 | $282,778 | $6,890 | 3.72% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 20 | $4,860,000 | $243,000 | $5,286 | 4.05% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 15 | $3,995,000 | $266,333 | $6,262 | 3.32% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 10 | $3,540,000 | $354,000 | $7,871 | 3.05% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 9 | $3,315,000 | $368,333 | $8,372 | 3.22% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 16 | $3,260,000 | $203,750 | $6,640 | 3.95% |
| MODESTO, CA (FHA|USDA|VA) | 14 | $3,230,000 | $230,714 | $6,855 | 3.63% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 16 | $3,150,000 | $196,875 | $5,573 | 3.25% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 11 | $3,055,000 | $277,727 | $6,183 | 3.19% |
| STOCKTON, CA (FHA|USDA|VA) | 9 | $2,985,000 | $331,667 | $5,568 | 3.10% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 20 | $2,980,000 | $149,000 | $4,781 | 2.49% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 16 | $2,750,000 | $171,875 | $7,330 | 3.00% |
| VALLEJO, CA (FHA|USDA|VA) | 7 | $2,705,000 | $386,429 | $9,047 | 3.21% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 7 | $2,605,000 | $372,143 | $3,945 | 2.88% |
| FRESNO, CA (FHA|USDA|VA) | 13 | $2,595,000 | $199,615 | $5,095 | 2.62% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 7 | $2,385,000 | $340,714 | $4,538 | 2.72% |
| ST. CLOUD, MN (FHA|USDA|VA) | 12 | $2,380,000 | $198,333 | $4,721 | 3.47% |
| TUCSON, AZ (FHA|USDA|VA) | 9 | $2,245,000 | $249,444 | $6,009 | 3.38% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 9 | $2,225,000 | $247,222 | $4,358 | 3.72% |
| BOISE CITY, ID (FHA|USDA|VA) | 4 | $2,080,000 | $520,000 | $5,518 | 2.84% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 15 | $2,005,000 | $133,667 | $4,636 | 2.98% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 6 | $1,960,000 | $326,667 | $6,339 | 3.04% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 5 | $1,935,000 | $387,000 | $6,773 | 3.02% |
| COLUMBIA, SC (FHA|USDA|VA) | 9 | $1,795,000 | $199,444 | $5,232 | 4.06% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 5 | $1,775,000 | $355,000 | $10,883 | 3.20% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 12 | $1,760,000 | $146,667 | $4,640 | 4.68% |
| SALINAS, CA (FHA|USDA|VA) | 3 | $1,675,000 | $558,333 | $3,375 | 3.13% |
| NAPA, CA (FHA|USDA|VA) | 3 | $1,545,000 | $515,000 | $11,624 | 3.29% |
| OCALA, FL (FHA|USDA|VA) | 9 | $1,395,000 | $155,000 | $4,730 | 2.97% |
| Pahrump, NV (FHA|USDA|VA) | 6 | $1,330,000 | $221,667 | $7,538 | 3.31% |
| YUMA, AZ (FHA|USDA|VA) | 8 | $1,250,000 | $156,250 | $4,208 | 2.84% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 5 | $1,235,000 | $247,000 | $4,274 | 3.28% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 4 | $1,220,000 | $305,000 | $10,650 | 3.97% |
| CHICO, CA (FHA|USDA|VA) | 6 | $1,150,000 | $191,667 | $7,314 | 2.92% |
| WILMINGTON, NC (FHA|USDA|VA) | 3 | $1,105,000 | $368,333 | $10,180 | 3.38% |
| Clearlake, CA (FHA|USDA|VA) | 3 | $1,095,000 | $365,000 | $6,160 | 2.67% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 5 | $1,095,000 | $219,000 | $5,601 | 2.75% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $1,075,000 | $358,333 | $5,875 | 3.42% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 5 | $1,055,000 | $211,000 | $5,681 | 3.40% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 6 | $1,050,000 | $175,000 | $3,816 | 4.17% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $1,000,000 | $500,000 | $6,233 | 3.38% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 3 | $915,000 | $305,000 | $4,148 | 3.50% |
| RENO, NV (FHA|USDA|VA) | 3 | $845,000 | $281,667 | $7,265 | 3.08% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 2 | $830,000 | $415,000 | $12,621 | 3.19% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 4 | $770,000 | $192,500 | $3,578 | 3.66% |
| Kalispell, MT (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $5,138 | 3.25% |
| VISALIA, CA (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $5,539 | 3.50% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $6,986 | 2.42% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $18,302 | 3.69% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 5 | $615,000 | $123,000 | $3,966 | 2.33% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 6 | $600,000 | $100,000 | $3,607 | 1.69% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 3 | $575,000 | $191,667 | $3,485 | 2.96% |
| CARSON CITY, NV (FHA|USDA|VA) | 1 | $575,000 | $575,000 | $8,978 | 4.99% |
| SPARTANBURG, SC (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $11,336 | 3.38% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 3 | $535,000 | $178,333 | $2,882 | 4.13% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $4,862 | 3.00% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $6,008 | 3.63% |
| Port Angeles, WA (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $2,769 | 2.78% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $4,384 | 3.63% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 4 | $480,000 | $120,000 | $7,937 | 1.94% |
| Elko, NV (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $3,235 | 3.06% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 1 | $455,000 | $455,000 | $6,021 | 3.25% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $3,584 | 2.59% |
| ODESSA, TX (FHA|USDA|VA) | 4 | $440,000 | $110,000 | $4,676 | 3.66% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $435,000 | $435,000 | $21,338 | 3.63% |
| GRAND FORKS, ND-MN (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $8,402 | 3.50% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $3,089 | 3.13% |
| CORVALLIS, OR (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $7,803 | 4.81% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,497 | 3.06% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $0 | 2.05% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $9,497 | 5.13% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 4 | $400,000 | $100,000 | $6,304 | 3.31% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $9,949 | 2.88% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $105 | 2.57% |
| SANTA FE, NM (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $10,776 | 3.25% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,833 | 2.88% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $4,385 | 3.00% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $6,009 | 3.38% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,705 | 3.63% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $6,178 | 2.88% |
| Outside of Metro Areas | 1 | $275,000 | $275,000 | $3,792 | 2.63% |
| JACKSON, MS (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $10,777 | 3.25% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $4,841 | 3.25% |
| MEDFORD, OR (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,177 | 3.50% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,820 | 4.00% |
| Fernley, NV (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,392 | 3.13% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $3,856 | 2.31% |
| Augusta-Waterville, ME (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $4,382 | 2.88% |
| HATTIESBURG, MS (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,399 | 3.00% |
| BEND, OR (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $10,667 | 2.25% |
| Heber, UT (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 2.32% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,273 | 2.50% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,823 | 4.38% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $8,168 | 4.75% |
| LONGVIEW, WA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $0 | 2.95% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $7,538 | 3.38% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $3,581 | 1.63% |
| SALEM, OR (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $3,837 | 2.97% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,686 | 4.25% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $7,409 | 2.88% |
| MERCED, CA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $3,915 | 2.88% |
| ALBANY, GA (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,020 | 2.75% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $5,218 | 3.38% |
| Wilson, NC (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $4,411 | 4.88% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $5,371 | 2.00% |
| Madisonville, KY (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $7,646 | 3.63% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,124 | 2.38% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $2,178 | 4.38% |
| AMARILLO, TX (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $4,909 | 4.63% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 3.06% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 2.95% |
| PANAMA CITY, FL (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,030 | 4.88% |
| CLEVELAND, TN (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,413 | 3.63% |
| Klamath Falls, OR (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $4,043 | 4.63% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,595 | 3.50% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,125 | 3.63% |
| WACO, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,766 | 3.00% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.07% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,924 | 2.50% |
| Georgetown, SC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,520 | 2.88% |
| ROCHESTER, MN (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $2,788 | 1.75% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 3.09% |
| Cedar City, UT (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $3,120 | 2.50% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $5,099 | 3.63% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $0 | 3.10% |
| Cedartown, GA (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,672 | 2.88% |
| GREAT FALLS, MT (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,682 | 3.25% |
Similar Lenders
We use machine learning to identify the top lenders compared against DATA MORTGAGE based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 195
Similarity Rank: 336
Similarity Rank: 354
Similarity Rank: 378
Similarity Rank: 393
Similarity Rank: 404
Similarity Rank: 444
Similarity Rank: 624
Similarity Rank: 657
Similarity Rank: 670
Product Mix
For 2021, Data Mortgage's most frequently originated type of loan was Conventional, with 1,934 originations. Their 2nd most popular type was FHA, with 451 originations.
Loan Reason
For 2021, Data Mortgage's most frequently cited loan purpose was Home Purchase, with 1,352 originations. The 2nd most popular reason was Refi, with 727 originations.
Loan Duration/Length
For 2021, Data Mortgage's most frequently cited loan duration was 30 Year, with 2,203 originations. The 2nd most popular length was 15 Year, with 125 originations.
Origination Fees/Closing Costs
Data Mortgage's average total fees were $6,637, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,118 originations.
Interest Rates
During 2021, Data Mortgage's average interest rate for loans was 3.19%, while their most frequently originated rate bucket for loans was 3-4%, with 1,337 originations.
Loan Sizing
2021 saw Data Mortgage place emphasis on $200k-400k loans with 1,268 originations, totaling $373,330,000 in origination value.
Applicant Income
Data Mortgage lent most frequently to those with incomes in the $50k-75k range, with 629 originations. The second most popular income band? $100k-150k, with 570 originations.
Applicant Debt to Income Ratio
Data Mortgage lent most frequently to those with DTI ratios of 30-36%, with 372 originations. The next most common DTI ratio? 20-30%, with 356 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications99.99%
Data Mortgage has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to originationPoints and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 2,602 | $856,880,000 | $329,316 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| Data Mortgage Inc. | Conventional home mortgage | Struggling to pay mortgage | 1 | 9.1% |
| Data Mortgage Inc. | Conventional home mortgage | Trouble during payment process | 1 | 9.1% |
| Data Mortgage Inc. | FHA mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 9.1% |
| Data Mortgage Inc. | FHA mortgage | Closing on a mortgage | 1 | 9.1% |
| Data Mortgage Inc. | FHA mortgage | Incorrect information on your report | 1 | 9.1% |
| Data Mortgage Inc. | FHA mortgage | Struggling to pay mortgage | 4 | 36.4% |
| Data Mortgage Inc. | FHA mortgage | Trouble during payment process | 2 | 18.2% |
