Hunt Mortgage Corporation Rates, Fees & Info

LANCASTER, NY

LEI: 5493008TO7JB5Q4IKZ94

Tax ID: 16-1222429

4.9 stars - out of 5 stars, based on 51 reviews

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

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Mortgage Data

  • SimulatedRates™
  • Review & Overview

    Hunt Mortgage Corporation is a smaller mortgage company specializing in loans. Hunt Mortgage Corporation has a high proportion of conventional loans. They have an average proportion of FHA loans. They have a low ratio of USDA loans. Their top markets by origination volume include: Buffalo, Colorado Springs, Syracuse, Rochester, and Birmingham among others. We have data for 60 markets. (Some data included below & more in-depth data is available with an active subscription.)

    Hunt Mortgage Corporation 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. Hunt Mortgage Corporation 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 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.

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    SimulatedRates™

    Mortgage Type
    Simulated Rate Simulation Date
    30 Year Conventional Purchase 7.02% 11/26/22
    30 Year Conventional Refi 6.91% 11/26/22
    30 Year Cash-out Refi 7.03% 11/26/22
    30 Year FHA Purchase 7.88% 11/26/22
    30 Year FHA Refi 7.42% 11/26/22
    30 Year VA Purchase 6.69% 11/26/22
    30 Year VA Refi 6.24% 11/26/22
    30 Year USDA Purchase 7.29% 11/26/22
    30 Year USDA Refi 6.65% 11/26/22
    15 Year Conventional Purchase 6.36% 11/26/22
    15 Year Conventional Refi 6.34% 11/26/22
    15 Year Cash-out Refi 6.34% 11/26/22
    15 Year FHA Purchase 7.15% 11/26/22
    15 Year VA Purchase 6.06% 11/26/22
    15 Year VA Refi 5.88% 11/26/22
    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

    2,613

    Origination Dollar Volume (All Markets)

    $571,025,000

    Awards

    HUNT MORTGAGE CORPORATION 30 Year Conventional Loans gold HUNT MORTGAGE CORPORATION 30 Year Conventional Loans bronze HUNT MORTGAGE CORPORATION 30 Year Conventional Loans gold
    Show all (3) awards

    Relative Rate

    Hunt Mortgage Corporation's average 30 year fixed mortgage rate was 3.14%.

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

    This yields a difference of -0.01%.

    Relative Fees (Closing Costs)

    Hunt Mortgage Corporation's average total fees/closing costs for a 30 year fixed rate mortgage were $4,843.

    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
    BUFFALO-CHEEKTOWAGA, NY (FHA|USDA|VA) 1,227 $253,735,000 $206,793 $4,307 3.13%
    COLORADO SPRINGS, CO (FHA|USDA|VA) 143 $55,705,000 $389,545 $7,088 2.76%
    SYRACUSE, NY (FHA|USDA|VA) 298 $52,970,000 $177,752 $5,055 3.11%
    ROCHESTER, NY (FHA|USDA|VA) 250 $48,230,000 $192,920 $4,304 3.13%
    BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 128 $28,950,000 $226,172 $4,487 3.02%
    PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 85 $25,705,000 $302,412 $4,408 3.24%
    Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 30 $11,510,000 $383,667 $5,204 3.00%
    WORCESTER, MA-CT (FHA|USDA|VA) 36 $11,330,000 $314,722 $5,204 3.15%
    UTICA-ROME, NY (FHA|USDA|VA) 59 $9,025,000 $152,966 $4,977 3.25%
    ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 29 $7,395,000 $255,000 $6,094 3.07%
    ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 28 $6,310,000 $225,357 $7,455 3.03%
    ANNISTON-OXFORD, AL (FHA|USDA|VA) 33 $6,275,000 $190,152 $4,414 3.02%
    Outside of Metro Areas 34 $6,000,000 $176,471 $4,497 3.10%
    THE VILLAGES, FL (FHA|USDA|VA) 20 $4,610,000 $230,500 $6,082 2.98%
    Batavia, NY (FHA|USDA|VA) 26 $4,070,000 $156,538 $4,077 3.08%
    Talladega-Sylacauga, AL (FHA|USDA|VA) 19 $3,255,000 $171,316 $4,708 3.09%
    Olean, NY (FHA|USDA|VA) 14 $2,680,000 $191,429 $4,596 3.08%
    DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 7 $2,675,000 $382,143 $6,212 2.59%
    OCALA, FL (FHA|USDA|VA) 12 $2,490,000 $207,500 $5,458 3.03%
    FAYETTEVILLE, NC (FHA|USDA|VA) 14 $2,310,000 $165,000 $5,496 3.10%
    Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 14 $2,110,000 $150,714 $4,638 3.23%
    PUEBLO, CO (FHA|USDA|VA) 7 $2,045,000 $292,143 $5,789 3.20%
    GADSDEN, AL (FHA|USDA|VA) 11 $1,745,000 $158,636 $4,902 2.73%
    DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 9 $1,475,000 $163,889 $5,317 2.93%
    TUSCALOOSA, AL (FHA|USDA|VA) 7 $1,355,000 $193,571 $3,966 3.04%
    New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 3 $1,315,000 $438,333 $6,889 3.17%
    PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $1,265,000 $421,667 $5,999 3.13%
    Auburn, NY (FHA|USDA|VA) 8 $1,250,000 $156,250 $5,557 3.28%
    MANCHESTER-NASHUA, NH (FHA|USDA|VA) 3 $1,205,000 $401,667 $6,379 3.04%
    Corning, NY (FHA|USDA|VA) 5 $985,000 $197,000 $4,653 3.03%
    TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $885,000 $295,000 $4,507 2.92%
    DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 3 $865,000 $288,333 $5,049 3.29%
    GLENS FALLS, NY (FHA|USDA|VA) 5 $695,000 $139,000 $5,423 2.98%
    BURLINGTON, NC (FHA|USDA|VA) 3 $655,000 $218,333 $8,878 4.04%
    RALEIGH-CARY, NC (FHA|USDA|VA) 2 $630,000 $315,000 $10,374 2.75%
    SPRINGFIELD, MA (FHA|USDA|VA) 3 $625,000 $208,333 $5,927 3.63%
    Sanford, NC (FHA|USDA|VA) 4 $560,000 $140,000 $5,059 3.16%
    Durango, CO (FHA|USDA|VA) 1 $535,000 $535,000 $4,003 2.63%
    HUNTSVILLE, AL (FHA|USDA|VA) 2 $530,000 $265,000 $8,433 2.94%
    North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 2 $500,000 $250,000 $5,371 2.69%
    Ogdensburg-Massena, NY (FHA|USDA|VA) 3 $495,000 $165,000 $5,282 3.38%
    Nogales, AZ (FHA|USDA|VA) 1 $475,000 $475,000 $3,563 3.25%
    PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $425,000 $425,000 $6,395 3.13%
    BARNSTABLE TOWN, MA (FHA|USDA|VA) 1 $345,000 $345,000 $3,087 3.50%
    Jasper, AL (FHA|USDA|VA) 2 $330,000 $165,000 $4,240 3.13%
    Morehead City, NC (FHA|USDA|VA) 1 $285,000 $285,000 $3,003 3.50%
    Enterprise, AL (FHA|USDA|VA) 1 $235,000 $235,000 $2,383 2.50%
    Amsterdam, NY (FHA|USDA|VA) 1 $205,000 $205,000 $9,192 3.75%
    HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $205,000 $205,000 $3,967 3.00%
    CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 1 $195,000 $195,000 $8,062 3.63%
    Cullman, AL (FHA|USDA|VA) 1 $195,000 $195,000 $4,792 2.88%
    KINGSTON, NY (FHA|USDA|VA) 1 $165,000 $165,000 $5,742 2.50%
    Oneonta, NY (FHA|USDA|VA) 1 $155,000 $155,000 $6,576 3.00%
    LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $155,000 $155,000 $4,429 3.50%
    Show Low, AZ (FHA|USDA|VA) 1 $135,000 $135,000 $3,970 2.63%
    MOBILE, AL (FHA|USDA|VA) 1 $135,000 $135,000 $4,075 3.25%
    BINGHAMTON, NY (FHA|USDA|VA) 1 $135,000 $135,000 $4,963 3.75%
    PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 1 $125,000 $125,000 $7,373 3.88%
    WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $95,000 $95,000 $5,160 3.88%
    Seneca Falls, NY (FHA|USDA|VA) 1 $75,000 $75,000 $4,398 2.75%
    Hunt Mortgage Corporation's top markets include Buffalo, Colorado Springs, Syracuse, Rochester, and Birmingham among others.

    Their top states include:
  • New York (FHA|USDA|VA)
  • Colorado (FHA|USDA|VA)
  • Alabama (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Massachusetts (FHA|USDA|VA)
  • Similar Lenders

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

    Pittsford Federal Credit Union
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,876 $412,550,000 $219,909 $3,918 3.11%
    FHA 488 $86,910,000 $178,094 $6,744 3.15%
    VA 208 $65,190,000 $313,413 $7,265 2.86%
    USDA 41 $6,375,000 $155,488 $5,172 3.03%

    For 2021, Hunt Mortgage Corporation's most frequently originated type of loan was Conventional, with 1,876 originations. Their 2nd most popular type was FHA, with 488 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 2,190 $474,420,000 $216,630 $4,906 3.12%
    Refi 222 $50,740,000 $228,559 $3,458 2.83%
    Cash Out Refi 201 $45,865,000 $228,184 $4,257 3.14%

    For 2021, Hunt Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 2,190 originations. The 2nd most popular reason was Refi, with 222 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,381 $524,605,000 $220,330 $4,843 3.14%
    15 Year 179 $34,855,000 $194,721 $3,536 2.59%
    20 Year 40 $9,470,000 $236,750 $4,027 3.00%
    10 Year 12 $2,010,000 $167,500 $3,033 2.44%
    Other 1 $85,000 $85,000 $4,303 3.00%

    For 2021, Hunt Mortgage Corporation's most frequently cited loan duration was 30 Year, with 2,381 originations. The 2nd most popular length was 15 Year, with 179 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 1,287 $267,345,000 $207,727
    $2k-3k 486 $99,600,000 $204,938
    $<1k 467 $110,085,000 $235,728
    $3k-4k 198 $42,950,000 $216,919
    $5k+ 87 $30,605,000 $351,782
    $4k-5k 86 $20,160,000 $234,419

    Hunt Mortgage Corporation's average total fees were $4,843, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 1,287 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    3-4% 1,435 $301,675,000 $210,226
    2.5-3% 987 $219,535,000 $222,427
    <2.5% 175 $47,235,000 $269,914
    4-5% 16 $2,580,000 $161,250

    During 2021, Hunt Mortgage Corporation's average interest rate for loans was 3.14%, while their most frequently originated rate bucket for loans was 3-4%, with 1,435 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 1,178 $179,680,000 $152,530 $4,318 3.12%
    $200k-400k 1,044 $282,590,000 $270,680 $4,983 3.09%
    $100,000 or less 202 $16,280,000 $80,594 $3,712 3.17%
    $400k-600k 177 $83,665,000 $472,684 $6,508 2.98%
    $600k-1MM 11 $7,485,000 $680,455 $11,707 2.84%
    $1MM+ 1 $1,325,000 $1,325,000 $46,965 2.25%

    2021 saw Hunt Mortgage Corporation place emphasis on $100k-200k loans with 1,178 originations, totaling $179,680,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 734 $140,200,000 $191,008 $4,831 3.12%
    $50k or less 551 $78,895,000 $143,185 $4,212 3.08%
    $100k-150k 501 $131,265,000 $262,006 $4,884 3.13%
    $75k-100k 494 $111,810,000 $226,336 $4,856 3.09%
    $150k-250k 268 $84,720,000 $316,119 $4,751 3.06%
    $250k+ 61 $23,345,000 $382,705 $6,021 3.09%

    Hunt Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 734 originations. The second most popular income band? $50k or less, with 551 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 531 $115,035,000 $216,638 $4,466 3.13%
    20-30% 529 $113,205,000 $213,998 $4,186 3.07%
    50-60% 157 $36,095,000 $229,904 $7,338 3.00%
    <20% 154 $32,410,000 $210,455 $3,904 3.02%
    36% 120 $26,420,000 $220,167 $4,403 3.12%
    39% 108 $22,530,000 $208,611 $4,501 3.09%
    38% 103 $23,585,000 $228,981 $4,744 3.11%
    41% 102 $23,490,000 $230,294 $4,569 3.17%
    42% 101 $21,545,000 $213,317 $5,421 3.16%
    44% 97 $19,115,000 $197,062 $4,932 3.16%
    37% 95 $19,655,000 $206,895 $4,783 3.15%
    40% 85 $19,095,000 $224,647 $4,741 3.14%
    43% 82 $18,890,000 $230,366 $4,731 3.14%
    49% 71 $15,795,000 $222,465 $5,125 3.17%
    45% 71 $15,725,000 $221,479 $5,523 3.09%
    46% 66 $14,860,000 $225,152 $5,152 3.06%
    48% 61 $13,425,000 $220,082 $5,305 3.18%
    47% 57 $12,315,000 $216,053 $4,533 3.15%
    >60% 16 $6,460,000 $403,750 $5,435 2.38%

    Hunt Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 531 originations. The next most common DTI ratio? 20-30%, with 529 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 2,239 $485,905,000 $217,019 $4,635 3.10%
    Black 141 $27,715,000 $196,560 $5,211 3.17%
    Not provided 102 $26,680,000 $261,569 $5,587 3.05%
    Asian 94 $20,610,000 $219,255 $4,877 3.10%
    American Indian 15 $4,145,000 $276,333 $5,349 3.03%
    Other Asian 10 $2,890,000 $289,000 $4,990 3.05%
    Asian Indian 8 $1,660,000 $207,500 $4,275 3.08%
    Native Hawaiian or Islander 1 $605,000 $605,000 $30,970 2.75%
    Guamanian 1 $485,000 $485,000 $15,956 2.25%
    Other Pacific Islander 2 $330,000 $165,000 $7,186 3.19%

    Approval Rates

    Total approvals of all applications
    95.89%

    Hunt Mortgage Corporation has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination
    84.46%

    Hunt Mortgage Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 2,613 $571,025,000 $218,532

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    2,613 $571,025,000 $218,532

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 42 $5,710,000 $135,952 $3,168 2.80%
    40-60% 163 $32,875,000 $201,687 $3,387 2.87%
    60-80% 668 $150,430,000 $225,195 $4,246 3.15%
    80-100% 1,694 $365,560,000 $215,797 $4,874 3.12%
    Over 100% 42 $16,190,000 $385,476 $13,791 2.77%
    Under 20% 4 $260,000 $65,000 $2,488 2.50%

    Complaints

    Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
    HUNTINGTON NATIONAL BANK, THE VA mortgage Trouble during payment process 2 1.6%
    HUNTINGTON NATIONAL BANK, THE Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 15 12.2%
    HUNTINGTON NATIONAL BANK, THE Conventional home mortgage Closing on a mortgage 7 5.7%
    HUNTINGTON NATIONAL BANK, THE Conventional home mortgage Struggling to pay mortgage 9 7.3%
    HUNTINGTON NATIONAL BANK, THE Conventional home mortgage Trouble during payment process 46 37.4%
    HUNTINGTON NATIONAL BANK, THE FHA mortgage Applying for a mortgage or refinancing an existing mortgage 2 1.6%
    HUNTINGTON NATIONAL BANK, THE FHA mortgage Incorrect information on your report 2 1.6%
    HUNTINGTON NATIONAL BANK, THE FHA mortgage Struggling to pay mortgage 3 2.4%
    HUNTINGTON NATIONAL BANK, THE FHA mortgage Trouble during payment process 8 6.5%
    HUNTINGTON NATIONAL BANK, THE Home equity loan or line of credit (HELOC) Applying for a mortgage or refinancing an existing mortgage 4 3.3%
    HUNTINGTON NATIONAL BANK, THE Home equity loan or line of credit (HELOC) Closing on a mortgage 5 4.1%
    HUNTINGTON NATIONAL BANK, THE Home equity loan or line of credit (HELOC) Struggling to pay mortgage 1 0.8%
    HUNTINGTON NATIONAL BANK, THE Home equity loan or line of credit (HELOC) Trouble during payment process 6 4.9%
    HUNTINGTON NATIONAL BANK, THE Other type of mortgage Applying for a mortgage or refinancing an existing mortgage 3 2.4%
    HUNTINGTON NATIONAL BANK, THE Other type of mortgage Closing on a mortgage 1 0.8%
    HUNTINGTON NATIONAL BANK, THE Other type of mortgage Struggling to pay mortgage 3 2.4%
    HUNTINGTON NATIONAL BANK, THE Other type of mortgage Trouble during payment process 4 3.3%
    HUNTINGTON NATIONAL BANK, THE VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 0.8%
    HUNTINGTON NATIONAL BANK, THE VA mortgage Closing on a mortgage 1 0.8%