Summit Funding Mortgage Rates, Fees & Info
Sacramento, CALEI: 5493008VVXQIDO1EZ460
Tax ID: 91-1780488
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Mortgage Data
Review & Overview
Summit Funding is a large mortgage company specializing in Home Purchase and Refi loans. Summit Funding 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: Sacramento, Eugene, San Francisco, San Diego, and Dallas among others. We have data for 326 markets. (Some data included below & more in-depth data is available with an active subscription.)Summit Funding 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. Summit Funding 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 |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 6.27% | 4/22/24 |
| 30 Year Conventional Purchase | 6.65% | 4/22/24 |
| 30 Year Conventional Refi | 6.71% | 4/22/24 |
| 30 Year Cash-out Refi | 6.97% | 4/22/24 |
| 30 Year FHA Purchase | 7.77% | 4/22/24 |
| 30 Year FHA Refi | 7.48% | 4/22/24 |
| 30 Year VA Purchase | 6.56% | 4/22/24 |
| 30 Year VA Refi | 6.23% | 4/22/24 |
| 30 Year USDA Purchase | 7.01% | 4/22/24 |
| 15 Year Conventional Purchase | 6.57% | 4/22/24 |
| 15 Year Conventional Refi | 6.31% | 4/22/24 |
| 15 Year Cash-out Refi | 6.31% | 4/22/24 |
| 15 Year FHA Purchase | 5.68% | 4/22/24 |
| 15 Year VA Purchase | 5.68% | 4/22/24 |
| 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. | ||
Summit Funding Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
23,647Origination Dollar Volume (All Markets)
$7,804,025,000Awards
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SUMMIT FUNDING - 2021
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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 |
|---|---|---|---|---|---|
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 1,634 | $607,190,000 | $371,597 | $6,150 | 2.98% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1,338 | $439,390,000 | $328,393 | $7,289 | 3.12% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 745 | $437,205,000 | $586,852 | $7,648 | 3.03% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 765 | $417,005,000 | $545,105 | $7,245 | 2.99% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1,160 | $412,290,000 | $355,422 | $8,211 | 3.10% |
| STOCKTON, CA (FHA|USDA|VA) | 1,216 | $402,690,000 | $331,160 | $7,621 | 2.95% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 820 | $271,800,000 | $331,463 | $7,835 | 2.97% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 747 | $270,035,000 | $361,493 | $6,092 | 3.08% |
| CHICO, CA (FHA|USDA|VA) | 783 | $263,155,000 | $336,086 | $5,091 | 3.18% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 460 | $226,000,000 | $491,304 | $8,697 | 3.03% |
| RENO, NV (FHA|USDA|VA) | 656 | $218,300,000 | $332,774 | $7,044 | 3.11% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 716 | $205,650,000 | $287,221 | $6,586 | 3.10% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 740 | $166,610,000 | $225,149 | $7,170 | 2.69% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 321 | $162,155,000 | $505,156 | $7,904 | 3.06% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 223 | $153,435,000 | $688,049 | $9,687 | 2.99% |
| Outside of Metro Areas | 624 | $149,850,000 | $240,144 | $6,809 | 3.08% |
| SALINAS, CA (FHA|USDA|VA) | 305 | $141,095,000 | $462,607 | $6,595 | 3.09% |
| TUCSON, AZ (FHA|USDA|VA) | 617 | $135,765,000 | $220,041 | $6,759 | 2.92% |
| BOISE CITY, ID (FHA|USDA|VA) | 368 | $126,130,000 | $342,745 | $9,089 | 3.17% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 484 | $112,050,000 | $231,508 | $8,242 | 2.71% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 282 | $110,370,000 | $391,383 | $7,587 | 3.18% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 454 | $97,940,000 | $215,727 | $4,490 | 2.97% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 256 | $96,200,000 | $375,781 | $6,692 | 3.13% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 419 | $93,705,000 | $223,640 | $5,057 | 2.97% |
| FRESNO, CA (FHA|USDA|VA) | 287 | $93,225,000 | $324,826 | $5,201 | 3.06% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 213 | $76,865,000 | $360,869 | $7,519 | 2.74% |
| BEND, OR (FHA|USDA|VA) | 175 | $73,825,000 | $421,857 | $7,442 | 3.15% |
| MODESTO, CA (FHA|USDA|VA) | 232 | $68,430,000 | $294,957 | $7,679 | 2.86% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 122 | $67,840,000 | $556,066 | $7,361 | 3.04% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 240 | $65,420,000 | $272,583 | $6,943 | 3.06% |
| REDDING, CA (FHA|USDA|VA) | 233 | $65,355,000 | $280,494 | $6,624 | 3.15% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 231 | $63,555,000 | $275,130 | $5,489 | 3.00% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 280 | $59,890,000 | $213,893 | $5,355 | 3.24% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 254 | $59,080,000 | $232,598 | $9,231 | 3.38% |
| VALLEJO, CA (FHA|USDA|VA) | 144 | $58,130,000 | $403,681 | $7,748 | 3.12% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 157 | $55,875,000 | $355,892 | $5,974 | 3.06% |
| MERCED, CA (FHA|USDA|VA) | 184 | $55,300,000 | $300,543 | $7,433 | 2.96% |
| Red Bluff, CA (FHA|USDA|VA) | 211 | $54,705,000 | $259,265 | $6,031 | 3.15% |
| Fernley, NV (FHA|USDA|VA) | 223 | $53,955,000 | $241,951 | $8,217 | 3.01% |
| Centralia, WA (FHA|USDA|VA) | 194 | $52,540,000 | $270,825 | $6,417 | 3.06% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 75 | $42,065,000 | $560,867 | $6,582 | 3.09% |
| BATON ROUGE, LA (FHA|USDA|VA) | 272 | $41,350,000 | $152,022 | $7,750 | 2.39% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 133 | $41,125,000 | $309,211 | $7,845 | 3.27% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 184 | $40,650,000 | $220,924 | $8,230 | 3.02% |
| Klamath Falls, OR (FHA|USDA|VA) | 156 | $36,810,000 | $235,962 | $6,945 | 3.19% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 200 | $34,820,000 | $174,100 | $7,141 | 2.77% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 171 | $33,195,000 | $194,123 | $7,089 | 3.20% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 111 | $32,015,000 | $288,423 | $6,367 | 3.11% |
| Crescent City, CA (FHA|USDA|VA) | 106 | $29,480,000 | $278,113 | $7,955 | 3.12% |
| Roseburg, OR (FHA|USDA|VA) | 107 | $28,485,000 | $266,215 | $7,556 | 3.18% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 100 | $28,290,000 | $282,900 | $7,319 | 3.20% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 108 | $26,020,000 | $240,926 | $8,463 | 3.47% |
| MEDFORD, OR (FHA|USDA|VA) | 78 | $23,880,000 | $306,154 | $6,797 | 3.23% |
| YUBA CITY, CA (FHA|USDA|VA) | 80 | $22,750,000 | $284,375 | $6,416 | 2.99% |
| URBAN HONOLULU, HI (FHA|USDA|VA) | 41 | $21,635,000 | $527,683 | $8,829 | 3.05% |
| POCATELLO, ID (FHA|USDA|VA) | 103 | $19,915,000 | $193,350 | $8,897 | 3.25% |
| SALEM, OR (FHA|USDA|VA) | 57 | $19,595,000 | $343,772 | $9,669 | 2.99% |
| IDAHO FALLS, ID (FHA|USDA|VA) | 73 | $17,245,000 | $236,233 | $9,114 | 3.03% |
| ROCKFORD, IL (FHA|USDA|VA) | 124 | $14,990,000 | $120,887 | $5,884 | 3.00% |
| Oak Harbor, WA (FHA|USDA|VA) | 50 | $14,440,000 | $288,800 | $7,390 | 2.90% |
| NAPA, CA (FHA|USDA|VA) | 29 | $14,015,000 | $483,276 | $7,578 | 2.97% |
| Susanville, CA (FHA|USDA|VA) | 63 | $13,865,000 | $220,079 | $7,175 | 3.27% |
| Fallon, NV (FHA|USDA|VA) | 53 | $12,865,000 | $242,736 | $7,571 | 3.20% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 24 | $12,430,000 | $517,917 | $6,041 | 3.07% |
| MADERA, CA (FHA|USDA|VA) | 40 | $11,940,000 | $298,500 | $5,934 | 3.01% |
| Outside of Metro Areas | 36 | $11,680,000 | $324,444 | $6,203 | 3.25% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 25 | $11,625,000 | $465,000 | $5,762 | 3.18% |
| Astoria, OR (FHA|USDA|VA) | 28 | $10,830,000 | $386,786 | $7,347 | 3.25% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 39 | $10,785,000 | $276,538 | $5,679 | 3.45% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 21 | $10,225,000 | $486,905 | $7,002 | 3.12% |
| SPARTANBURG, SC (FHA|USDA|VA) | 51 | $10,205,000 | $200,098 | $4,765 | 3.19% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 25 | $9,595,000 | $383,800 | $6,396 | 3.13% |
| Kapaa, HI (FHA|USDA|VA) | 20 | $9,460,000 | $473,000 | $7,220 | 3.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 30 | $9,450,000 | $315,000 | $7,677 | 3.21% |
| CARSON CITY, NV (FHA|USDA|VA) | 35 | $9,415,000 | $269,000 | $7,753 | 2.97% |
| CORVALLIS, OR (FHA|USDA|VA) | 24 | $9,060,000 | $377,500 | $8,479 | 3.11% |
| HAMMOND, LA (FHA|USDA|VA) | 61 | $9,045,000 | $148,279 | $6,815 | 2.34% |
| YAKIMA, WA (FHA|USDA|VA) | 47 | $8,635,000 | $183,723 | $7,455 | 2.36% |
| VISALIA, CA (FHA|USDA|VA) | 30 | $7,690,000 | $256,333 | $5,806 | 3.21% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 22 | $7,300,000 | $331,818 | $9,272 | 3.34% |
| Clearlake, CA (FHA|USDA|VA) | 30 | $7,040,000 | $234,667 | $5,863 | 3.15% |
| Moscow, ID (FHA|USDA|VA) | 27 | $6,575,000 | $243,519 | $8,162 | 3.07% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 16 | $6,200,000 | $387,500 | $6,335 | 3.04% |
| Ukiah, CA (FHA|USDA|VA) | 15 | $6,165,000 | $411,000 | $9,594 | 2.96% |
| FLORENCE, SC (FHA|USDA|VA) | 37 | $5,815,000 | $157,162 | $8,349 | 2.95% |
| Sonora, CA (FHA|USDA|VA) | 21 | $5,785,000 | $275,476 | $8,808 | 2.91% |
| GRANTS PASS, OR (FHA|USDA|VA) | 15 | $5,615,000 | $374,333 | $7,797 | 3.13% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 18 | $5,350,000 | $297,222 | $6,792 | 3.16% |
| Blackfoot, ID (FHA|USDA|VA) | 23 | $5,195,000 | $225,870 | $8,571 | 3.18% |
| Moses Lake, WA (FHA|USDA|VA) | 24 | $5,180,000 | $215,833 | $7,818 | 2.95% |
| Jackson, WY-ID (FHA|USDA|VA) | 13 | $5,155,000 | $396,538 | $14,740 | 2.92% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 5 | $4,935,000 | $987,000 | $14,157 | 3.28% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 11 | $4,745,000 | $431,364 | $5,352 | 3.12% |
| GREELEY, CO (FHA|USDA|VA) | 13 | $4,725,000 | $363,462 | $8,369 | 2.94% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 23 | $4,675,000 | $203,261 | $8,842 | 3.33% |
| Newport, OR (FHA|USDA|VA) | 17 | $4,625,000 | $272,059 | $7,316 | 3.23% |
| HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) | 18 | $4,400,000 | $244,444 | $4,710 | 2.98% |
| DES MOINES-WEST DES MOINES, IA (FHA|USDA|VA) | 22 | $4,140,000 | $188,182 | $4,860 | 3.31% |
| TWIN FALLS, ID (FHA|USDA|VA) | 13 | $3,835,000 | $295,000 | $11,194 | 3.11% |
| Coos Bay, OR (FHA|USDA|VA) | 11 | $3,795,000 | $345,000 | $9,375 | 3.14% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 14 | $3,610,000 | $257,857 | $7,680 | 3.00% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 8 | $3,340,000 | $417,500 | $6,213 | 3.22% |
| Hilo, HI (FHA|USDA|VA) | 6 | $2,990,000 | $498,333 | $8,660 | 2.94% |
| Prineville, OR (FHA|USDA|VA) | 9 | $2,965,000 | $329,444 | $9,048 | 3.18% |
| DALTON, GA (FHA|USDA|VA) | 14 | $2,850,000 | $203,571 | $5,896 | 3.48% |
| Pullman, WA (FHA|USDA|VA) | 9 | $2,795,000 | $310,556 | $6,784 | 2.99% |
| COLUMBIA, SC (FHA|USDA|VA) | 11 | $2,725,000 | $247,727 | $8,973 | 3.27% |
| ANN ARBOR, MI (FHA|USDA|VA) | 11 | $2,685,000 | $244,091 | $3,458 | 2.98% |
| Athens, TX (FHA|USDA|VA) | 7 | $2,675,000 | $382,143 | $7,903 | 3.30% |
| Ontario, OR-ID (FHA|USDA|VA) | 10 | $2,630,000 | $263,000 | $9,993 | 3.03% |
| Hood River, OR (FHA|USDA|VA) | 5 | $2,595,000 | $519,000 | $9,996 | 3.20% |
| BELLINGHAM, WA (FHA|USDA|VA) | 7 | $2,555,000 | $365,000 | $6,925 | 3.14% |
| CLEVELAND, TN (FHA|USDA|VA) | 13 | $2,545,000 | $195,769 | $7,205 | 3.25% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 7 | $2,445,000 | $349,286 | $6,464 | 3.18% |
| Ellensburg, WA (FHA|USDA|VA) | 5 | $2,415,000 | $483,000 | $10,217 | 3.02% |
| Mountain Home, ID (FHA|USDA|VA) | 8 | $2,360,000 | $295,000 | $8,426 | 3.14% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 10 | $2,300,000 | $230,000 | $5,333 | 2.77% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 8 | $2,220,000 | $277,500 | $4,015 | 3.30% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 7 | $2,175,000 | $310,714 | $5,813 | 2.84% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 10 | $2,160,000 | $216,000 | $4,061 | 3.06% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 8 | $2,150,000 | $268,750 | $6,198 | 3.08% |
| Rexburg, ID (FHA|USDA|VA) | 11 | $2,075,000 | $188,636 | $7,561 | 2.80% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 5 | $2,055,000 | $411,000 | $7,131 | 3.13% |
| FLINT, MI (FHA|USDA|VA) | 13 | $2,055,000 | $158,077 | $4,464 | 3.38% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 6 | $2,050,000 | $341,667 | $7,053 | 3.12% |
| LONGVIEW, WA (FHA|USDA|VA) | 9 | $1,965,000 | $218,333 | $7,771 | 2.53% |
| BOULDER, CO (FHA|USDA|VA) | 2 | $1,950,000 | $975,000 | $2,897 | 3.19% |
| EL CENTRO, CA (FHA|USDA|VA) | 8 | $1,890,000 | $236,250 | $3,201 | 2.88% |
| Shelbyville, TN (FHA|USDA|VA) | 9 | $1,835,000 | $203,889 | $6,235 | 2.63% |
| Warrensburg, MO (FHA|USDA|VA) | 7 | $1,825,000 | $260,714 | $5,450 | 3.02% |
| WACO, TX (FHA|USDA|VA) | 8 | $1,760,000 | $220,000 | $7,093 | 3.23% |
| FORT COLLINS, CO (FHA|USDA|VA) | 6 | $1,740,000 | $290,000 | $4,932 | 3.02% |
| SIERRA VISTA-DOUGLAS, AZ (FHA|USDA|VA) | 8 | $1,720,000 | $215,000 | $8,548 | 3.40% |
| Sandpoint, ID (FHA|USDA|VA) | 5 | $1,695,000 | $339,000 | $8,501 | 3.25% |
| Granbury, TX (FHA|USDA|VA) | 5 | $1,675,000 | $335,000 | $7,750 | 2.90% |
| TYLER, TX (FHA|USDA|VA) | 5 | $1,655,000 | $331,000 | $7,590 | 3.60% |
| DAYTON-KETTERING, OH (FHA|USDA|VA) | 8 | $1,640,000 | $205,000 | $5,997 | 3.22% |
| Port Angeles, WA (FHA|USDA|VA) | 4 | $1,640,000 | $410,000 | $5,759 | 3.12% |
| Albertville, AL (FHA|USDA|VA) | 6 | $1,630,000 | $271,667 | $7,180 | 2.98% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 5 | $1,565,000 | $313,000 | $8,950 | 3.12% |
| Brookings, OR (FHA|USDA|VA) | 5 | $1,525,000 | $305,000 | $6,475 | 3.15% |
| Show Low, AZ (FHA|USDA|VA) | 6 | $1,520,000 | $253,333 | $4,928 | 3.21% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 6 | $1,510,000 | $251,667 | $6,804 | 3.10% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 6 | $1,500,000 | $250,000 | $6,689 | 3.38% |
| WALLA WALLA, WA (FHA|USDA|VA) | 8 | $1,390,000 | $173,750 | $6,437 | 2.62% |
| Elko, NV (FHA|USDA|VA) | 4 | $1,370,000 | $342,500 | $7,420 | 2.69% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 5 | $1,355,000 | $271,000 | $5,474 | 3.22% |
| TULSA, OK (FHA|USDA|VA) | 6 | $1,350,000 | $225,000 | $6,756 | 3.37% |
| Stephenville, TX (FHA|USDA|VA) | 7 | $1,335,000 | $190,714 | $7,612 | 3.34% |
| MADISON, WI (FHA|USDA|VA) | 4 | $1,290,000 | $322,500 | $3,779 | 3.00% |
| Winnemucca, NV (FHA|USDA|VA) | 7 | $1,285,000 | $183,571 | $7,240 | 3.46% |
| Steamboat Springs, CO (FHA|USDA|VA) | 2 | $1,270,000 | $635,000 | $8,813 | 3.19% |
| MONROE, MI (FHA|USDA|VA) | 5 | $1,265,000 | $253,000 | $3,884 | 3.03% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $5,391 | 2.94% |
| TOLEDO, OH (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $5,995 | 2.94% |
| SPRINGFIELD, MO (FHA|USDA|VA) | 4 | $1,210,000 | $302,500 | $6,787 | 3.06% |
| Aberdeen, WA (FHA|USDA|VA) | 8 | $1,200,000 | $150,000 | $9,231 | 2.09% |
| ST. GEORGE, UT (FHA|USDA|VA) | 4 | $1,160,000 | $290,000 | $4,635 | 3.19% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 4 | $1,160,000 | $290,000 | $3,053 | 2.97% |
| Othello, WA (FHA|USDA|VA) | 8 | $1,100,000 | $137,500 | $6,643 | 2.14% |
| Shelton, WA (FHA|USDA|VA) | 4 | $1,090,000 | $272,500 | $9,947 | 2.38% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 6 | $1,070,000 | $178,333 | $4,490 | 3.46% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 5 | $1,045,000 | $209,000 | $7,832 | 3.55% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $1,045,000 | $348,333 | $6,595 | 2.79% |
| Bonham, TX (FHA|USDA|VA) | 6 | $1,040,000 | $173,333 | $4,645 | 3.39% |
| GRAND JUNCTION, CO (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $9,392 | 3.63% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $7,999 | 3.19% |
| COLUMBUS, OH (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $5,062 | 3.21% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 3 | $975,000 | $325,000 | $6,462 | 2.95% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 4 | $930,000 | $232,500 | $4,904 | 3.75% |
| WENATCHEE, WA (FHA|USDA|VA) | 2 | $930,000 | $465,000 | $8,565 | 3.38% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 2 | $870,000 | $435,000 | $7,995 | 3.31% |
| NILES, MI (FHA|USDA|VA) | 3 | $845,000 | $281,667 | $5,410 | 3.21% |
| The Dalles, OR (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $6,023 | 3.21% |
| Bozeman, MT (FHA|USDA|VA) | 2 | $820,000 | $410,000 | $3,564 | 3.06% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 2 | $810,000 | $405,000 | $9,414 | 3.31% |
| LOUISVILLE, KY (FHA|USDA|VA) | 2 | $790,000 | $395,000 | $8,510 | 2.99% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 5 | $785,000 | $157,000 | $4,439 | 2.97% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 3 | $775,000 | $258,333 | $6,598 | 2.75% |
| Summerville, GA (FHA|USDA|VA) | 5 | $765,000 | $153,000 | $5,545 | 3.60% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 3 | $755,000 | $251,667 | $5,253 | 3.21% |
| PROVO-OREM, UT (FHA|USDA|VA) | 2 | $750,000 | $375,000 | $10,018 | 3.12% |
| CLARKSVILLE, TN-KY (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $5,246 | 3.17% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 2 | $680,000 | $340,000 | $4,865 | 3.44% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $3,707 | 3.18% |
| DECATUR, AL (FHA|USDA|VA) | 3 | $655,000 | $218,333 | $3,608 | 3.38% |
| KNOXVILLE, TN (FHA|USDA|VA) | 4 | $650,000 | $162,500 | $4,654 | 3.31% |
| YUMA, AZ (FHA|USDA|VA) | 2 | $640,000 | $320,000 | $4,314 | 3.06% |
| Lewisburg, TN (FHA|USDA|VA) | 4 | $630,000 | $157,500 | $5,389 | 3.13% |
| Traverse City, MI (FHA|USDA|VA) | 3 | $625,000 | $208,333 | $4,359 | 3.12% |
| La Grande, OR (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $4,980 | 2.88% |
| Payson, AZ (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $4,017 | 2.99% |
| PUNTA GORDA, FL (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $0 | 4.44% |
| MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $5,242 | 3.38% |
| Kalispell, MT (FHA|USDA|VA) | 2 | $570,000 | $285,000 | $8,574 | 3.19% |
| Edwards, CO (FHA|USDA|VA) | 1 | $565,000 | $565,000 | $8,052 | 2.88% |
| Gainesville, TX (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $5,626 | 2.88% |
| Palestine, TX (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $15,594 | 3.13% |
| Kill Devil Hills, NC (FHA|USDA|VA) | 1 | $535,000 | $535,000 | $0 | 3.38% |
| Breckenridge, CO (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $4,631 | 2.94% |
| JACKSONVILLE, NC (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $6,423 | 2.81% |
| AKRON, OH (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $5,791 | 3.12% |
| Wilmington, OH (FHA|USDA|VA) | 3 | $495,000 | $165,000 | $6,565 | 3.33% |
| Glenwood Springs, CO (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $5,264 | 3.13% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $3,487 | 4.12% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $8,000 | 3.13% |
| Wilson, NC (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $7,662 | 3.81% |
| Lawrenceburg, TN (FHA|USDA|VA) | 3 | $475,000 | $158,333 | $3,435 | 3.04% |
| SUMTER, SC (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $9,256 | 2.94% |
| KINGSPORT-BRISTOL, TN-VA (FHA|USDA|VA) | 2 | $460,000 | $230,000 | $8,811 | 3.12% |
| Adrian, MI (FHA|USDA|VA) | 4 | $450,000 | $112,500 | $4,238 | 2.78% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 2 | $450,000 | $225,000 | $4,309 | 2.93% |
| Hailey, ID (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $12,187 | 3.38% |
| ROCKY MOUNT, NC (FHA|USDA|VA) | 5 | $445,000 | $89,000 | $1,673 | 3.87% |
| Corsicana, TX (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $6,617 | 3.13% |
| COLUMBUS, GA-AL (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $7,160 | 4.17% |
| Rochelle, IL (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $5,566 | 3.46% |
| JACKSON, MI (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $3,886 | 2.83% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $7,148 | 3.37% |
| Hermiston-Pendleton, OR (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $5,339 | 3.44% |
| Columbus, MS (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $6,602 | 3.16% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $5,045 | 2.83% |
| Nogales, AZ (FHA|USDA|VA) | 3 | $415,000 | $138,333 | $3,794 | 3.04% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $4,766 | 3.06% |
| DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $3,127 | 3.19% |
| Shelby, NC (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $6,472 | 2.94% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $4,908 | 3.44% |
| BAY CITY, MI (FHA|USDA|VA) | 4 | $390,000 | $97,500 | $4,355 | 3.22% |
| Burley, ID (FHA|USDA|VA) | 3 | $385,000 | $128,333 | $10,686 | 3.17% |
| MANHATTAN, KS (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $10,180 | 2.63% |
| BOWLING GREEN, KY (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $3,750 | 2.56% |
| Albemarle, NC (FHA|USDA|VA) | 3 | $375,000 | $125,000 | $5,053 | 2.83% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $5,699 | 3.38% |
| FORT WAYNE, IN (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $3,235 | 3.38% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $9,627 | 3.75% |
| BILLINGS, MT (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $11,761 | 3.38% |
| Butte-Silver Bow, MT (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $13,047 | 2.50% |
| COLUMBIA, MO (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $2,209 | 3.31% |
| El Campo, TX (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $6,577 | 2.88% |
| JANESVILLE-BELOIT, WI (FHA|USDA|VA) | 2 | $350,000 | $175,000 | $5,026 | 3.44% |
| Whitewater, WI (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,479 | 3.13% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $5,865 | 2.88% |
| GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $2,809 | 2.88% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $3,629 | 2.75% |
| MORRISTOWN, TN (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $11,132 | 3.25% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $3,005 | 2.87% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,242 | 2.50% |
| OCALA, FL (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $6,667 | 3.31% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $14,515 | 3.00% |
| Opelousas, LA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $9,721 | 3.25% |
| Frankfort, KY (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $5,975 | 2.75% |
| Fort Leonard Wood, MO (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $12,092 | 3.13% |
| Bennettsville, SC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $9,636 | 3.25% |
| APPLETON, WI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,523 | 3.25% |
| ROME, GA (FHA|USDA|VA) | 3 | $275,000 | $91,667 | $6,509 | 2.42% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $14,736 | 3.75% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $0 | 3.50% |
| Mount Pleasant, TX (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $7,242 | 2.88% |
| Mount Airy, NC (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $12,249 | 2.50% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $5,048 | 3.13% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,687 | 3.25% |
| Natchez, MS-LA (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $6,702 | 3.50% |
| Freeport, IL (FHA|USDA|VA) | 6 | $260,000 | $43,333 | $4,367 | 2.21% |
| Greeneville, TN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,508 | 3.50% |
| Gaffney, SC (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $13,526 | 2.99% |
| ODESSA, TX (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $11,902 | 3.38% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $9,444 | 3.50% |
| LUBBOCK, TX (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $7,366 | 3.56% |
| WILMINGTON, NC (FHA|USDA|VA) | 2 | $250,000 | $125,000 | $3,571 | 2.81% |
| EL PASO, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $9,292 | 2.99% |
| Jacksonville, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 4.00% |
| ROCHESTER, MN (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $11,643 | 3.75% |
| Vernal, UT (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $16,162 | 2.63% |
| SAVANNAH, GA (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $6,278 | 3.69% |
| Kendallville, IN (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,602 | 3.38% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,785 | 2.63% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $11,298 | 4.25% |
| VICTORIA, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,510 | 3.13% |
| TOPEKA, KS (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $2,313 | 3.38% |
| CHEYENNE, WY (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,472 | 3.13% |
| Batesville, AR (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $3,014 | 4.13% |
| DUBUQUE, IA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,155 | 3.13% |
| Bartlesville, OK (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,147 | 3.50% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 2 | $190,000 | $95,000 | $5,257 | 3.50% |
| Cedartown, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,418 | 2.50% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $9,919 | 3.25% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 2 | $180,000 | $90,000 | $4,529 | 3.69% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $3,345 | 2.88% |
| Branson, MO (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,454 | 3.25% |
| SPRINGFIELD, IL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,864 | 3.25% |
| Henderson, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $0 | 2.99% |
| IOWA CITY, IA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $6,088 | 3.38% |
| Mason City, IA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,810 | 3.25% |
| Durant, OK (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $4,642 | 3.63% |
| SAGINAW, MI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,296 | 2.99% |
| FAYETTEVILLE, NC (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $4,562 | 2.99% |
| Athens, TN (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $9,554 | 4.25% |
| Ardmore, OK (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,860 | 3.38% |
| MUSKEGON, MI (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $5,379 | 2.88% |
| RAPID CITY, SD (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,301 | 3.99% |
| Spirit Lake, IA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $2,586 | 2.99% |
| Orangeburg, SC (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,941 | 3.75% |
| LOGAN, UT-ID (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $7,814 | 3.13% |
| Charleston-Mattoon, IL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $1,288 | 2.38% |
| Fort Payne, AL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,602 | 4.88% |
| Brenham, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $4,779 | 2.25% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $0 | 3.99% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $8,556 | 3.88% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 4.63% |
| Ludington, MI (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $2,519 | 2.75% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $0 | 3.63% |
| MONTGOMERY, AL (FHA|USDA|VA) | 2 | $130,000 | $65,000 | $0 | 3.94% |
| Picayune, MS (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $7,650 | 3.75% |
| Cadillac, MI (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $4,947 | 2.88% |
| ALBANY, GA (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $2,670 | 1.94% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,548 | 3.25% |
| Paris, TN (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $7,298 | 2.88% |
| Hillsdale, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $2,396 | 2.38% |
| MIDLAND, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $4,746 | 2.99% |
| Gillette, WY (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,218 | 3.25% |
| Sault Ste. Marie, MI (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $6,724 | 3.25% |
| Scottsboro, AL (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $4,721 | 4.25% |
| Dayton, TN (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $4,155 | 3.38% |
| Campbellsville, KY (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $6,030 | 3.75% |
| WICHITA, KS (FHA|USDA|VA) | 1 | $65,000 | $65,000 | $2,172 | 3.38% |
| RACINE, WI (FHA|USDA|VA) | 1 | $55,000 | $55,000 | $0 | 3.63% |
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Product Mix
For 2021, Summit Funding's most frequently originated type of loan was Conventional, with 18,823 originations. Their 2nd most popular type was FHA, with 3,293 originations.
Loan Reason
For 2021, Summit Funding's most frequently cited loan purpose was Home Purchase, with 13,863 originations. The 2nd most popular reason was Refi, with 5,785 originations.
Loan Duration/Length
For 2021, Summit Funding's most frequently cited loan duration was 30 Year, with 21,347 originations. The 2nd most popular length was 15 Year, with 1,182 originations.
Origination Fees/Closing Costs
Summit Funding's average total fees were $7,237, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 6,804 originations.
Interest Rates
During 2021, Summit Funding's average interest rate for loans was 3.11%, while their most frequently originated rate bucket for loans was 3-4%, with 11,744 originations.
Loan Sizing
2021 saw Summit Funding place emphasis on $200k-400k loans with 11,587 originations, totaling $3,416,425,000 in origination value.
Applicant Income
Summit Funding lent most frequently to those with incomes in the $50k-75k range, with 5,584 originations. The second most popular income band? $100k-150k, with 5,300 originations.
Applicant Debt to Income Ratio
Summit Funding lent most frequently to those with DTI ratios of 30-36%, with 4,056 originations. The next most common DTI ratio? 20-30%, with 4,026 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications95.96%
Summit Funding has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination72.96%
Summit Funding has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 23,647 | $7,804,025,000 | $330,022 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 23,647 | $7,804,025,000 | $330,022 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| SUMMIT FUNDING, INC. | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 1 | 12.5% |
| SUMMIT FUNDING, INC. | Conventional home mortgage | Struggling to pay mortgage | 2 | 25.0% |
| SUMMIT FUNDING, INC. | Conventional home mortgage | Trouble during payment process | 4 | 50.0% |
| SUMMIT FUNDING, INC. | VA mortgage | Struggling to pay mortgage | 1 | 12.5% |