Bm Real Estate Services Mortgage Rates, Fees & Info
Calabasas, CALEI: 54930091CYUK2SDZ6D37
Tax ID: 33-0886403
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Mortgage Data
Review & Overview
Bm Real Estate Services is a smaller mortgage company specializing in Home Purchase loans. Bm Real Estate Services 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: Los Angeles, Orlando, Oxnard, Dallas, and Riverside among others. We have data for 114 markets. (Some data included below & more in-depth data is available with an active subscription.)Bm Real Estate Services 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. Bm Real Estate Services 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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 8.16% | 4/20/24 |
| 30 Year Conventional Purchase | 7.40% | 4/20/24 |
| 30 Year Conventional Refi | 6.94% | 4/20/24 |
| 30 Year Cash-out Refi | 7.15% | 4/20/24 |
| 30 Year FHA Purchase | 6.27% | 4/20/24 |
| 30 Year VA Purchase | 6.27% | 4/20/24 |
| 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. | ||
Bm Real Estate Services Mortgage Calculator
Your Estimates
Estimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Bm Real Estate Services. 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
813Origination Dollar Volume (All Markets)
$371,115,000Awards
BM Real Estate Services - 2023
BM Real Estate Services is a 2023 , due to their low .
For 2023, less than of lenders were eligible for this award.
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Relative Rate
Bm Real Estate Services's average 30 year fixed mortgage rate was
7.26%.
The 2023 average 30 year fixed rate mortgage across all markets and lenders was 6.48%.
This yields a difference of 0.78%.
Relative Fees (Closing Costs)
Bm Real Estate Services's average total fees/closing costs for a 30 year fixed rate
mortgage were $11,834.
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 |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 119 | $108,195,000 | $909,202 | $14,948 | 7.45% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 58 | $27,670,000 | $477,069 | $18,948 | 6.41% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 44 | $26,900,000 | $611,364 | $13,052 | 7.03% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 59 | $21,005,000 | $356,017 | $11,697 | 7.11% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 34 | $18,590,000 | $546,765 | $9,247 | 7.61% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 33 | $13,435,000 | $407,121 | $12,917 | 6.83% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 29 | $10,435,000 | $359,828 | $11,160 | 7.31% |
| GRAND RAPIDS-KENTWOOD, MI (FHA|USDA|VA) | 32 | $8,740,000 | $273,125 | $6,417 | 7.14% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 24 | $8,640,000 | $360,000 | $13,978 | 6.99% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 18 | $8,400,000 | $466,667 | $14,541 | 8.03% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 13 | $7,355,000 | $565,769 | $13,232 | 7.87% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 37 | $6,935,000 | $187,432 | $6,806 | 6.81% |
| Outside of Metro Areas | 23 | $6,475,000 | $281,522 | $7,105 | 7.44% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 8 | $6,400,000 | $800,000 | $16,148 | 7.63% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 9 | $5,795,000 | $643,889 | $10,648 | 6.96% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 11 | $4,415,000 | $401,364 | $13,513 | 7.00% |
| Hilo, HI (FHA|USDA|VA) | 4 | $3,710,000 | $927,500 | $5,601 | 8.72% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 5 | $3,615,000 | $723,000 | $6,348 | 7.08% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 12 | $3,490,000 | $290,833 | $14,239 | 7.55% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 5 | $3,405,000 | $681,000 | $14,891 | 7.62% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 11 | $3,325,000 | $302,273 | $10,560 | 7.59% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 20 | $3,020,000 | $151,000 | $6,880 | 8.29% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 6 | $2,980,000 | $496,667 | $10,457 | 7.48% |
| LAREDO, TX (FHA|USDA|VA) | 10 | $2,710,000 | $271,000 | $11,861 | 6.61% |
| NORWICH-NEW LONDON, CT (FHA|USDA|VA) | 1 | $2,105,000 | $2,105,000 | $0 | 8.88% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 7 | $2,095,000 | $299,286 | $10,281 | 6.93% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 6 | $2,070,000 | $345,000 | $8,664 | 7.50% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 5 | $1,965,000 | $393,000 | $13,292 | 7.50% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 4 | $1,920,000 | $480,000 | $20,534 | 6.97% |
| Alma, MI (FHA|USDA|VA) | 11 | $1,915,000 | $174,091 | $6,845 | 7.12% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 3 | $1,735,000 | $578,333 | $18,376 | 7.79% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 3 | $1,725,000 | $575,000 | $25,368 | 7.13% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 3 | $1,625,000 | $541,667 | $6,193 | 7.87% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 5 | $1,485,000 | $297,000 | $8,912 | 6.50% |
| LANSING-EAST LANSING, MI (FHA|USDA|VA) | 6 | $1,430,000 | $238,333 | $9,198 | 6.65% |
| BRIDGEPORT-STAMFORD-NORWALK, CT (FHA|USDA|VA) | 3 | $1,415,000 | $471,667 | $7,118 | 7.71% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 4 | $1,250,000 | $312,500 | $14,217 | 7.56% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $1,195,000 | $398,333 | $14,555 | 8.58% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 3 | $1,185,000 | $395,000 | $0 | 7.75% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 4 | $1,160,000 | $290,000 | $8,014 | 7.94% |
| Mount Pleasant, MI (FHA|USDA|VA) | 9 | $1,135,000 | $126,111 | $6,149 | 7.04% |
| Kapaa, HI (FHA|USDA|VA) | 1 | $1,125,000 | $1,125,000 | $22,216 | 7.25% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 5 | $1,065,000 | $213,000 | $8,403 | 7.80% |
| Boston-Cambridge-Newton, MA-NH (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $22,788 | 7.06% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $900,000 | $450,000 | $12,443 | 7.06% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 5 | $885,000 | $177,000 | $6,771 | 7.83% |
| FLINT, MI (FHA|USDA|VA) | 5 | $795,000 | $159,000 | $6,546 | 7.02% |
| Breckenridge, CO (FHA|USDA|VA) | 1 | $775,000 | $775,000 | $23,207 | 7.38% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 3 | $735,000 | $245,000 | $12,260 | 8.25% |
| Seneca, SC (FHA|USDA|VA) | 1 | $715,000 | $715,000 | $165 | 6.75% |
| Fredericksburg, TX (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $12,410 | 7.87% |
| KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $0 | 8.31% |
| CLEVELAND-ELYRIA, OH (FHA|USDA|VA) | 3 | $665,000 | $221,667 | $19,424 | 6.21% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $6,129 | 6.87% |
| PITTSBURGH, PA (FHA|USDA|VA) | 5 | $615,000 | $123,000 | $0 | 7.75% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 2 | $610,000 | $305,000 | $3,145 | 7.81% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $5,061 | 7.50% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $525,000 | $525,000 | $10,330 | 7.63% |
| HARRISONBURG, VA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $16,477 | 4.75% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 1 | $505,000 | $505,000 | $4,284 | 6.75% |
| VISALIA, CA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $12,116 | 8.06% |
| LONGVIEW, TX (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $21,181 | 9.75% |
| YORK-HANOVER, PA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $17,990 | 6.75% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 2 | $490,000 | $245,000 | $0 | 7.50% |
| Duncan, OK (FHA|USDA|VA) | 1 | $425,000 | $425,000 | $15,731 | 7.00% |
| RICHMOND, VA (FHA|USDA|VA) | 3 | $425,000 | $141,667 | $0 | 8.88% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $10,862 | 7.13% |
| MUSKEGON, MI (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $7,800 | 7.63% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $18,210 | 5.63% |
| DURHAM-CHAPEL HILL, NC (FHA|USDA|VA) | 1 | $355,000 | $355,000 | $14,923 | 7.50% |
| Hailey, ID (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $0 | 8.00% |
| MIDLAND, MI (FHA|USDA|VA) | 3 | $345,000 | $115,000 | $6,855 | 7.54% |
| Durango, CO (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $7,710 | 7.88% |
| MILWAUKEE-WAUKESHA, WI (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $0 | 8.00% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $10,381 | 12.63% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $12,162 | 6.25% |
| ATLANTIC CITY-HAMMONTON, NJ (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 7.00% |
| Shawnee, OK (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $7,877 | 8.38% |
| INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $6,752 | 7.25% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $3,308 | 7.38% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $10,939 | 7.75% |
| Payson, AZ (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $13,979 | 7.75% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $0 | 7.75% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $16,721 | 5.63% |
| TYLER, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $8,399 | 7.50% |
| POCATELLO, ID (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $12,439 | 7.13% |
| KALAMAZOO-PORTAGE, MI (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $6,738 | 6.63% |
| BATON ROUGE, LA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $11,848 | 7.13% |
| Kalispell, MT (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $0 | 7.63% |
| AMARILLO, TX (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $11,017 | 6.25% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $6,285 | 6.62% |
| New Castle, PA (FHA|USDA|VA) | 2 | $220,000 | $110,000 | $0 | 7.50% |
| Holland, MI (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $3,680 | 6.13% |
| LOUISVILLE, KY (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 9.13% |
| ALBANY-SCHENECTADY-TROY, NY (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 7.88% |
| SPRINGFIELD, MA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $7,117 | 8.38% |
| LANCASTER, PA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $10,308 | 7.75% |
| Natchitoches, LA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $10,210 | 6.75% |
| Hutchinson, KS (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,239 | 7.13% |
| Wauchula, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $0 | 8.75% |
| WINSTON-SALEM, NC (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $53 | 7.75% |
| NEW BERN, NC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $5,769 | 7.25% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 2 | $170,000 | $85,000 | $5,587 | 7.50% |
| PEORIA, IL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $3,448 | 6.75% |
| LAFAYETTE-WEST LAFAYETTE, IN (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,127 | 7.50% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 7.13% |
| Lake City, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,151 | 7.75% |
| BATTLE CREEK, MI (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,572 | 7.63% |
| WACO, TX (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $6,723 | 6.62% |
| SALISBURY, MD-DE (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $8,093 | 7.00% |
| BAY CITY, MI (FHA|USDA|VA) | 2 | $120,000 | $60,000 | $3,923 | 7.19% |
| DALTON, GA (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 9.38% |
| OWENSBORO, KY (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $0 | 7.38% |
| Big Rapids, MI (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,521 | 6.38% |
Similar Lenders
We use machine learning to identify the top lenders compared against BM Real Estate Services 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, Bm Real Estate Services's most frequently originated type of loan was Conventional, with 603 originations. Their 2nd most popular type was FHA, with 175 originations.
Loan Reason
For 2023, Bm Real Estate Services's most frequently cited loan purpose was Home Purchase, with 627 originations. The 2nd most popular reason was Cash Out Refi, with 121 originations.
Loan Duration/Length
For 2023, Bm Real Estate Services's most frequently cited loan duration was 30 Year, with 798 originations. The 2nd most popular length was 15 Year, with 5 originations.
Origination Fees/Closing Costs
Bm Real Estate Services's average total fees were $11,834, while their most frequently occuring range of origination fees (closing costs) were in the $5k+ bucket, with 318 originations.
Interest Rates
During 2023, Bm Real Estate Services's average interest rate for loans was 7.26%, while their most frequently originated rate bucket for loans was 6-7%, with 293 originations.
Loan Sizing
2023 saw Bm Real Estate Services place emphasis on $200k-400k loans with 308 originations, totaling $91,880,000 in origination value.
Applicant Income
Bm Real Estate Services lent most frequently to those with incomes in the $250k+ range, with 170 originations. The second most popular income band? $100k-150k, with 155 originations.
Applicant Debt to Income Ratio
Bm Real Estate Services lent most frequently to those with DTI ratios of 50-60%, with 94 originations. The next most common DTI ratio? 30-36%, with 88 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications91.43%
Bm Real Estate Services has an average approval rate.
Pick Rate
Approvals leading to origination40.96%
Bm Real Estate Services has a low pick rate. They may have issues with closing loans or may approve everyone, but with onerous loan terms.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 813 | $371,115,000 | $456,476 |