Cambria Financial Group Mortgage Rates, Fees & Info
Belle Plaine, MNLEI: 5493008SV4X2EID9J711
Tax ID: 26-2926983
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Mortgage Data
Review & Overview
Cambria Financial Group is a smaller mortgage company specializing in Home Purchase loans. Cambria Financial Group 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.) Their top markets by origination volume include: Minneapolis, Mankato, Owatonna, Dallas, and Rochester among others. We have data for 29 markets. (Some data included below & more in-depth data is available with an active subscription.)Cambria Financial Group 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. Cambria Financial Group is typically an average 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 relatively high 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 | 6.79% | 11/11/24 |
| 30 Year Conventional Refi | 6.64% | 11/11/24 |
| 30 Year Cash-out Refi | 6.80% | 11/11/24 |
| 30 Year FHA Purchase | 7.50% | 11/11/24 |
| 30 Year FHA Refi | 7.00% | 11/11/24 |
| 30 Year VA Purchase | 6.10% | 11/11/24 |
| 15 Year Conventional Purchase | 6.12% | 11/11/24 |
| 15 Year Conventional Refi | 6.39% | 11/11/24 |
| 15 Year Cash-out Refi | 6.39% | 11/11/24 |
| 15 Year FHA Refi | 5.68% | 11/11/24 |
| 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. | ||
Cambria Financial Group Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Cambria Financial Group. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
356Origination Dollar Volume (All Markets)
$112,190,000Relative Rate
Cambria Financial Group's average 30 year fixed mortgage rate was
6.82%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.34%.
Relative Fees (Closing Costs)
Cambria Financial Group's average total fees/closing costs for a 30 year fixed rate
mortgage were $7,897.
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 $9,089.
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 |
|---|---|---|---|---|---|
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 263 | $88,335,000 | $335,875 | $8,114 | 6.80% |
| MANKATO, MN (FHA|USDA|VA) | 15 | $3,895,000 | $259,667 | $7,072 | 6.69% |
| Outside of Metro Areas | 17 | $3,665,000 | $215,588 | $7,993 | 7.03% |
| Owatonna, MN (FHA|USDA|VA) | 16 | $3,510,000 | $219,375 | $8,268 | 7.15% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 3 | $1,765,000 | $588,333 | $6,910 | 5.58% |
| ROCHESTER, MN (FHA|USDA|VA) | 6 | $1,680,000 | $280,000 | $7,161 | 6.87% |
| Faribault-Northfield, MN (FHA|USDA|VA) | 3 | $985,000 | $328,333 | $6,603 | 6.66% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $5,892 | 6.13% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 2 | $620,000 | $310,000 | $8,100 | 6.25% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 1 | $595,000 | $595,000 | $6,549 | 6.38% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $585,000 | $585,000 | $7,005 | 6.50% |
| Grand Rapids, MN (FHA|USDA|VA) | 3 | $585,000 | $195,000 | $5,307 | 7.16% |
| ST. CLOUD, MN (FHA|USDA|VA) | 3 | $565,000 | $188,333 | $7,339 | 6.66% |
| MADISON, WI (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $8,380 | 6.87% |
| TYLER, TX (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $6,089 | 4.99% |
| FORT COLLINS, CO (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $2,754 | 7.25% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $11,439 | 7.13% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $6,624 | 5.88% |
| DULUTH, MN-WI (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $5,906 | 7.38% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $8,000 | 7.00% |
| Hutchinson, MN (FHA|USDA|VA) | 2 | $340,000 | $170,000 | $6,142 | 6.63% |
| WAUSAU-WESTON, WI (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $5,207 | 7.13% |
| Brookings, SD (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 7.45% |
| Wisconsin Rapids-Marshfield, WI (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $6,675 | 6.63% |
| Albert Lea, MN (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,295 | 7.13% |
| Brainerd, MN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $6,687 | 7.50% |
| New Ulm, MN (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,816 | 7.25% |
| Fairmont, MN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,900 | 6.38% |
| Austin, MN (FHA|USDA|VA) | 1 | $45,000 | $45,000 | $3,182 | 7.50% |
Similar Lenders
We use machine learning to identify the top lenders compared against Cambria Financial Group based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
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Product Mix
For 2023, Cambria Financial Group's most frequently originated type of loan was Conventional, with 255 originations. Their 2nd most popular type was FHA, with 71 originations.
Loan Reason
For 2023, Cambria Financial Group's most frequently cited loan purpose was Home Purchase, with 334 originations. The 2nd most popular reason was Cash Out Refi, with 8 originations.
Loan Duration/Length
For 2023, Cambria Financial Group's most frequently cited loan duration was 30 Year, with 339 originations. The 2nd most popular length was Other, with 9 originations.
Origination Fees/Closing Costs
Cambria Financial Group's average total fees were $7,897, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 85 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6-7% | 182 | $58,150,000 | $319,505 |
| 7-8% | 124 | $36,230,000 | $292,177 |
| 5-6% | 43 | $15,375,000 | $357,558 |
| Over 8% | 4 | $1,040,000 | $260,000 |
| 4-5% | 3 | $1,395,000 | $465,000 |
During 2023, Cambria Financial Group's average interest rate for loans was 6.82%, while their most frequently originated rate bucket for loans was 6-7%, with 182 originations.
Loan Sizing
2023 saw Cambria Financial Group place emphasis on $200k-400k loans with 202 originations, totaling $58,620,000 in origination value.
Applicant Income
Cambria Financial Group lent most frequently to those with incomes in the $100k-150k range, with 91 originations. The second most popular income band? $50k-75k, with 74 originations.
Applicant Debt to Income Ratio
Cambria Financial Group lent most frequently to those with DTI ratios of 30-36%, with 57 originations. The next most common DTI ratio? 20-30%, with 43 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications97.50%
Cambria Financial Group has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination79.49%
Cambria Financial Group has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 356 | $112,190,000 | $315,140 |