Hunt Mortgage Corporation Rates, Fees & Info

LANCASTER, NY

LEI: 5493008TO7JB5Q4IKZ94

Tax ID: 16-1222429

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Mortgage Data

Review & Overview

Hunt Mortgage Corporation is a smaller mortgage company specializing in Home Purchase 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 64 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.

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 6.68% 4/28/24
30 Year Conventional Refi 6.36% 4/28/24
30 Year Cash-out Refi 6.64% 4/28/24
30 Year FHA Purchase 7.33% 4/28/24
30 Year FHA Refi 6.27% 4/28/24
30 Year VA Purchase 6.17% 4/28/24
30 Year VA Refi 5.75% 4/28/24
30 Year USDA Purchase 6.57% 4/28/24
15 Year Conventional Purchase 6.11% 4/28/24
15 Year Conventional Refi 6.24% 4/28/24
15 Year Cash-out Refi 6.24% 4/28/24
15 Year VA Purchase 5.68% 4/28/24
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.

Hunt Mortgage Corporation Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Hunt Mortgage Corporation. 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

1,977

Origination Dollar Volume (All Markets)

$472,055,000

Awards

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

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) 873 $195,885,000 $224,381 $5,747 4.96%
COLORADO SPRINGS, CO (FHA|USDA|VA) 100 $47,120,000 $471,200 $10,713 4.46%
SYRACUSE, NY (FHA|USDA|VA) 217 $43,585,000 $200,853 $6,706 5.00%
ROCHESTER, NY (FHA|USDA|VA) 200 $38,680,000 $193,400 $5,456 5.04%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 80 $20,360,000 $254,500 $5,879 5.02%
ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) 53 $11,755,000 $221,792 $7,485 5.17%
Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) 28 $11,690,000 $417,500 $6,958 5.00%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 37 $11,545,000 $312,027 $6,015 4.60%
UTICA-ROME, NY (FHA|USDA|VA) 59 $10,815,000 $183,305 $7,398 5.14%
WORCESTER, MA-CT (FHA|USDA|VA) 29 $10,095,000 $348,103 $7,161 4.99%
ANNISTON-OXFORD, AL (FHA|USDA|VA) 41 $7,945,000 $193,780 $5,237 4.94%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 27 $7,125,000 $263,889 $5,621 4.12%
Batavia, NY (FHA|USDA|VA) 25 $5,175,000 $207,000 $5,231 4.90%
Outside of Metro Areas 26 $4,310,000 $165,769 $4,703 4.69%
DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) 7 $3,835,000 $547,857 $12,041 4.82%
Talladega-Sylacauga, AL (FHA|USDA|VA) 17 $3,405,000 $200,294 $6,461 4.73%
GADSDEN, AL (FHA|USDA|VA) 14 $2,950,000 $210,714 $7,029 4.72%
FAYETTEVILLE, NC (FHA|USDA|VA) 12 $2,830,000 $235,833 $8,842 5.06%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 4 $2,280,000 $570,000 $13,433 4.38%
Olean, NY (FHA|USDA|VA) 13 $2,265,000 $174,231 $5,664 4.85%
OCALA, FL (FHA|USDA|VA) 12 $2,240,000 $186,667 $4,098 4.38%
Auburn, NY (FHA|USDA|VA) 11 $1,895,000 $172,273 $6,759 4.89%
THE VILLAGES, FL (FHA|USDA|VA) 9 $1,775,000 $197,222 $5,349 4.76%
BURLINGTON, NC (FHA|USDA|VA) 6 $1,560,000 $260,000 $6,313 5.31%
GLENS FALLS, NY (FHA|USDA|VA) 6 $1,430,000 $238,333 $9,036 4.81%
PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) 3 $1,425,000 $475,000 $9,368 4.50%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 6 $1,290,000 $215,000 $6,472 5.52%
Jamestown-Dunkirk-Fredonia, NY (FHA|USDA|VA) 7 $1,195,000 $170,714 $6,724 4.54%
Payson, AZ (FHA|USDA|VA) 3 $1,165,000 $388,333 $8,279 5.04%
PUEBLO, CO (FHA|USDA|VA) 3 $955,000 $318,333 $10,110 4.67%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $770,000 $385,000 $10,340 5.75%
Montrose, CO (FHA|USDA|VA) 1 $755,000 $755,000 $15,321 4.50%
CaƱon City, CO (FHA|USDA|VA) 2 $730,000 $365,000 $5,443 3.56%
Pinehurst-Southern Pines, NC (FHA|USDA|VA) 2 $670,000 $335,000 $7,835 4.13%
Cortland, NY (FHA|USDA|VA) 3 $655,000 $218,333 $6,129 5.04%
Sanford, NC (FHA|USDA|VA) 3 $585,000 $195,000 $3,898 5.46%
YUMA, AZ (FHA|USDA|VA) 1 $545,000 $545,000 $5,421 4.75%
TUSCALOOSA, AL (FHA|USDA|VA) 2 $530,000 $265,000 $7,530 4.63%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $495,000 $495,000 $15,381 5.25%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $485,000 $485,000 $14,398 3.75%
Cullman, AL (FHA|USDA|VA) 2 $480,000 $240,000 $8,639 4.75%
MANCHESTER-NASHUA, NH (FHA|USDA|VA) 1 $465,000 $465,000 $5,252 5.00%
Corning, NY (FHA|USDA|VA) 3 $455,000 $151,667 $2,949 4.42%
Seneca Falls, NY (FHA|USDA|VA) 3 $435,000 $145,000 $6,479 6.67%
Show Low, AZ (FHA|USDA|VA) 1 $405,000 $405,000 $6,935 5.50%
Ogdensburg-Massena, NY (FHA|USDA|VA) 2 $390,000 $195,000 $8,358 5.75%
SPRINGFIELD, MA (FHA|USDA|VA) 1 $385,000 $385,000 $8,087 6.38%
Concord, NH (FHA|USDA|VA) 1 $375,000 $375,000 $6,289 6.13%
Amsterdam, NY (FHA|USDA|VA) 2 $360,000 $180,000 $8,019 4.31%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 1 $345,000 $345,000 $8,620 5.50%
Gloversville, NY (FHA|USDA|VA) 1 $345,000 $345,000 $13,765 6.13%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $305,000 $305,000 $7,725 5.38%
Oneonta, NY (FHA|USDA|VA) 1 $305,000 $305,000 $13,431 4.50%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $265,000 $265,000 $4,574 4.75%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $255,000 $255,000 $13,905 5.63%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 1 $245,000 $245,000 $12,755 6.25%
MONTGOMERY, AL (FHA|USDA|VA) 1 $235,000 $235,000 $8,936 3.63%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT (FHA|USDA|VA) 1 $225,000 $225,000 $4,956 5.00%
HUNTSVILLE, AL (FHA|USDA|VA) 1 $205,000 $205,000 $2,445 4.75%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $205,000 $205,000 $6,624 5.38%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $165,000 $165,000 $3,761 5.50%
ELMIRA, NY (FHA|USDA|VA) 1 $145,000 $145,000 $8,108 5.38%
WATERTOWN-FORT DRUM, NY (FHA|USDA|VA) 1 $135,000 $135,000 $11,875 6.13%
DECATUR, AL (FHA|USDA|VA) 1 $125,000 $125,000 $3,671 5.13%
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)
  • Massachusetts (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 1,461 $342,645,000 $234,528 $5,492 4.98%
    FHA 333 $65,815,000 $197,643 $8,415 4.89%
    VA 161 $60,295,000 $374,503 $9,687 4.69%
    USDA 22 $3,300,000 $150,000 $5,270 4.48%

    For 2022, Hunt Mortgage Corporation's most frequently originated type of loan was Conventional, with 1,461 originations. Their 2nd most popular type was FHA, with 333 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,877 $449,175,000 $239,305 $6,378 4.97%
    Cash Out Refi 76 $17,410,000 $229,079 $5,518 4.36%
    Refi 23 $5,345,000 $232,391 $4,888 3.83%
    Home Improvement 1 $125,000 $125,000 $5,397 5.63%

    For 2022, Hunt Mortgage Corporation's most frequently cited loan purpose was Home Purchase, with 1,877 originations. The 2nd most popular reason was Cash Out Refi, with 76 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 1,873 $452,725,000 $241,711 $6,452 5.01%
    15 Year 64 $12,780,000 $199,688 $4,536 3.99%
    20 Year 22 $4,840,000 $220,000 $4,724 4.40%
    10 Year 17 $1,335,000 $78,529 $1,628 1.02%
    Other 1 $375,000 $375,000 $3,779 5.38%

    For 2022, Hunt Mortgage Corporation's most frequently cited loan duration was 30 Year, with 1,873 originations. The 2nd most popular length was 15 Year, with 64 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 472 $99,610,000 $211,038
    $2k-3k 428 $86,020,000 $200,981
    $5k+ 371 $125,665,000 $338,720
    $3k-4k 311 $67,605,000 $217,379
    $<1k 197 $47,825,000 $242,766
    $4k-5k 192 $44,420,000 $231,354

    Hunt Mortgage Corporation's average total fees were $6,452, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 472 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    5-6% 757 $181,735,000 $240,073
    3-4% 498 $114,440,000 $229,799
    4-5% 360 $94,200,000 $261,667
    6-7% 258 $58,880,000 $228,217
    2.5-3% 52 $14,620,000 $281,154
    7-8% 37 $7,545,000 $203,919
    <2.5% 15 $635,000 $42,333

    During 2022, Hunt Mortgage Corporation's average interest rate for loans was 5.01%, while their most frequently originated rate bucket for loans was 5-6%, with 757 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $100k-200k 858 $133,150,000 $155,186 $5,296 4.93%
    $200k-400k 793 $218,545,000 $275,593 $6,746 5.03%
    $400k-600k 178 $84,600,000 $475,281 $9,366 4.85%
    $100,000 or less 109 $7,735,000 $70,963 $3,522 4.46%
    $600k-1MM 37 $25,045,000 $676,892 $13,553 4.59%
    $1MM+ 2 $2,980,000 $1,490,000 $28,984 3.63%

    2022 saw Hunt Mortgage Corporation place emphasis on $100k-200k loans with 858 originations, totaling $133,150,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $50k-75k 513 $97,695,000 $190,439 $5,832 4.93%
    $100k-150k 462 $133,300,000 $288,528 $7,250 5.07%
    $75k-100k 414 $96,310,000 $232,633 $6,323 4.93%
    $50k or less 301 $41,605,000 $138,223 $4,782 4.62%
    $150k-250k 230 $79,190,000 $344,304 $7,007 5.08%
    $250k+ 57 $23,955,000 $420,263 $8,776 4.96%

    Hunt Mortgage Corporation lent most frequently to those with incomes in the $50k-75k range, with 513 originations. The second most popular income band? $100k-150k, with 462 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 385 $88,815,000 $230,688 $5,709 4.92%
    20-30% 341 $78,775,000 $231,012 $5,720 4.85%
    50-60% 139 $37,805,000 $271,978 $9,361 4.94%
    42% 96 $22,010,000 $229,271 $6,413 5.03%
    <20% 86 $15,520,000 $180,465 $5,021 4.55%
    41% 83 $19,355,000 $233,193 $5,601 4.86%
    40% 80 $19,320,000 $241,500 $5,987 4.82%
    39% 79 $20,815,000 $263,481 $6,464 5.11%
    49% 78 $18,180,000 $233,077 $6,622 4.91%
    44% 75 $19,365,000 $258,200 $6,795 5.16%
    38% 74 $16,180,000 $218,649 $6,640 4.95%
    43% 72 $17,420,000 $241,944 $5,981 5.14%
    37% 70 $17,030,000 $243,286 $6,276 4.89%
    36% 69 $15,575,000 $225,725 $6,249 5.11%
    47% 65 $17,265,000 $265,615 $6,755 4.98%
    45% 60 $14,810,000 $246,833 $6,684 4.92%
    46% 59 $14,225,000 $241,102 $6,634 5.11%
    48% 55 $13,175,000 $239,545 $6,555 5.10%
    >60% 10 $6,190,000 $619,000 $14,619 4.56%

    Hunt Mortgage Corporation lent most frequently to those with DTI ratios of 30-36%, with 385 originations. The next most common DTI ratio? 20-30%, with 341 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,667 $398,525,000 $239,067 $6,266 4.95%
    Not provided 96 $26,410,000 $275,104 $7,435 4.82%
    Black 113 $23,995,000 $212,345 $6,722 4.87%
    Asian 60 $13,160,000 $219,333 $5,884 4.85%
    American Indian 17 $4,095,000 $240,882 $6,485 4.82%
    Asian Indian 11 $3,225,000 $293,182 $5,732 4.76%
    Other Asian 10 $1,760,000 $176,000 $4,492 5.39%
    Korean 1 $385,000 $385,000 $8,179 5.50%
    Other Pacific Islander 1 $275,000 $275,000 $8,511 3.25%
    Japanese 1 $225,000 $225,000 $4,956 5.00%

    Approval Rates

    Total approvals of all applications
    94.96%

    Hunt Mortgage Corporation has an average approval rate.

    Pick Rate

    Approvals leading to origination
    79.62%

    Hunt Mortgage Corporation has a below average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 1,977 $472,055,000 $238,773

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    1,977 $472,055,000 $238,773

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 40 $5,680,000 $142,000 $4,078 4.85%
    40-60% 121 $24,195,000 $199,959 $4,851 4.87%
    60-80% 466 $114,040,000 $244,721 $6,133 4.98%
    80-100% 1,285 $309,055,000 $240,510 $6,362 4.98%
    Over 100% 49 $18,775,000 $383,163 $14,547 4.77%
    Under 20% 16 $310,000 $19,375 $735 1.25%

    Complaints

    Bank Name Product Issue 2022 CPFB Complaints % of Total Issues
    HUNTINGTON NATIONAL BANK, THE Conventional home mortgage Struggling to pay mortgage 1 50.0%
    HUNTINGTON NATIONAL BANK, THE Conventional home mortgage Trouble during payment process 1 50.0%