Bm Real Estate Services Mortgage Rates, Fees & Info

Calabasas, CA

LEI: 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 and Cash Out Refi loans. Bm Real Estate Services has a high proportion of conventional loans. They have an average proportion of FHA loans. Bm Real Estate Services has a low ratio of conventional 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: Los Angeles, Phoenix, Oxnard, Las Vegas, and Riverside among others. We have data for 60 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.

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) 8.16% 3/28/24
30 Year Conventional Purchase 7.40% 3/28/24
30 Year Conventional Refi 6.94% 3/28/24
30 Year Cash-out Refi 7.15% 3/28/24
30 Year FHA Purchase 6.27% 3/28/24
30 Year VA Purchase 6.27% 3/28/24
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.

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

667

Origination Dollar Volume (All Markets)

$370,355,000

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) 270 $219,070,000 $811,370 $11,580 5.23%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 116 $27,170,000 $234,224 $7,032 5.36%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 33 $21,225,000 $643,182 $7,379 5.43%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 48 $13,190,000 $274,792 $5,981 5.15%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 31 $12,725,000 $410,484 $7,610 5.43%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 11 $8,875,000 $806,818 $9,809 5.05%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 11 $8,095,000 $735,909 $10,931 5.22%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 8 $7,010,000 $876,250 $10,522 6.82%
Outside of Metro Areas 16 $6,350,000 $396,875 $5,081 4.92%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 10 $6,340,000 $634,000 $6,806 5.28%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 10 $3,130,000 $313,000 $7,446 4.89%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 7 $2,805,000 $400,714 $5,174 4.68%
Heber, UT (FHA|USDA|VA) 1 $2,595,000 $2,595,000 $16,895 5.88%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 4 $2,450,000 $612,500 $4,946 5.55%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 8 $1,980,000 $247,500 $6,672 4.89%
INDIANAPOLIS-CARMEL-ANDERSON, IN (FHA|USDA|VA) 13 $1,855,000 $142,692 $4,773 6.02%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 1 $1,825,000 $1,825,000 $3,245 10.00%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $1,685,000 $1,685,000 $22,846 7.45%
SALINAS, CA (FHA|USDA|VA) 2 $1,600,000 $800,000 $17,617 6.61%
Truckee-Grass Valley, CA (FHA|USDA|VA) 3 $1,465,000 $488,333 $6,496 6.30%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $1,270,000 $635,000 $12,097 5.45%
BOULDER, CO (FHA|USDA|VA) 1 $1,195,000 $1,195,000 $9,683 5.50%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) 2 $1,160,000 $580,000 $9,574 5.06%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 4 $1,130,000 $282,500 $6,900 6.30%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 3 $1,095,000 $365,000 $5,646 5.86%
BAKERSFIELD, CA (FHA|USDA|VA) 6 $1,070,000 $178,333 $5,957 4.94%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 2 $1,050,000 $525,000 $9,345 4.99%
Edwards, CO (FHA|USDA|VA) 1 $885,000 $885,000 $13,349 5.63%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 2 $850,000 $425,000 $9,130 5.19%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 2 $660,000 $330,000 $9,995 5.43%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 1 $635,000 $635,000 $10,340 4.38%
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) 1 $605,000 $605,000 $3,852 0.00%
STOCKTON, CA (FHA|USDA|VA) 2 $520,000 $260,000 $4,767 6.37%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 3 $505,000 $168,333 $5,962 5.21%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 3 $465,000 $155,000 $5,639 5.08%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 1 $455,000 $455,000 $10,121 7.75%
RENO, NV (FHA|USDA|VA) 2 $410,000 $205,000 $6,924 5.31%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $365,000 $365,000 $10,713 4.50%
Sonora, CA (FHA|USDA|VA) 1 $355,000 $355,000 $3,994 6.88%
TUCSON, AZ (FHA|USDA|VA) 2 $350,000 $175,000 $3,856 4.94%
CALIFORNIA-LEXINGTON PARK, MD (FHA|USDA|VA) 1 $305,000 $305,000 $4,854 5.00%
Ukiah, CA (FHA|USDA|VA) 1 $305,000 $305,000 $6,445 6.45%
SANTA FE, NM (FHA|USDA|VA) 1 $285,000 $285,000 $3,130 4.88%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $275,000 $275,000 $4,738 4.25%
VISALIA, CA (FHA|USDA|VA) 1 $235,000 $235,000 $3,760 4.88%
ALBUQUERQUE, NM (FHA|USDA|VA) 1 $215,000 $215,000 $3,722 5.25%
The Dalles, OR (FHA|USDA|VA) 1 $205,000 $205,000 $4,455 5.00%
Carlsbad-Artesia, NM (FHA|USDA|VA) 1 $205,000 $205,000 $7,330 4.88%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 1 $195,000 $195,000 $6,423 5.25%
MERCED, CA (FHA|USDA|VA) 1 $195,000 $195,000 $7,777 5.00%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 1 $195,000 $195,000 $2,569 5.25%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 2 $190,000 $95,000 $3,656 5.25%
FLAGSTAFF, AZ (FHA|USDA|VA) 1 $175,000 $175,000 $5,295 5.99%
WACO, TX (FHA|USDA|VA) 1 $155,000 $155,000 $3,352 5.63%
Clearlake, CA (FHA|USDA|VA) 1 $155,000 $155,000 $0 7.99%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 1 $155,000 $155,000 $4,202 5.00%
Oak Harbor, WA (FHA|USDA|VA) 1 $155,000 $155,000 $3,853 4.63%
ANN ARBOR, MI (FHA|USDA|VA) 1 $135,000 $135,000 $3,021 5.25%
BLOOMINGTON, IN (FHA|USDA|VA) 1 $85,000 $85,000 $6,251 5.63%
LAREDO, TX (FHA|USDA|VA) 1 $65,000 $65,000 $3,343 5.75%
Bm Real Estate Services's top markets include Los Angeles, Phoenix, Oxnard, Las Vegas, and Riverside among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • 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.

    MYPOINT Credit Union
    Similarity Rank: 55
    Dort Financial Credit Union
    Similarity Rank: 95
    St James Mortgage Corporation
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    COASTHILLS
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    FRONTWAVE
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    CBC Federal Credit Union
    Similarity Rank: 189
    Macatawa Bank
    Similarity Rank: 195
    NEIGHBORHOOD
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    Isabella Bank
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    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 545 $335,435,000 $615,477 $8,900 5.36%
    FHA 92 $23,770,000 $258,370 $9,376 5.14%
    VA 26 $8,500,000 $326,923 $6,348 4.93%
    HELOC 2 $1,310,000 $655,000 n/a 5.00%
    Conventional 1 $1,155,000 $1,155,000 $6,190 7.50%
    FHA 1 $185,000 $185,000 $0 4.99%

    For 2018, Bm Real Estate Services's most frequently originated type of loan was Conventional, with 545 originations. Their 2nd most popular type was FHA, with 92 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 415 $212,065,000 $511,000 $8,895 5.23%
    Cash Out Refi 150 $97,590,000 $650,600 $10,053 5.56%
    Refi 88 $51,970,000 $590,568 $6,862 5.25%
    Home Improvement 13 $7,415,000 $570,385 $7,467 5.47%
    NA 1 $1,315,000 $1,315,000 $0 8.00%

    For 2018, Bm Real Estate Services's most frequently cited loan purpose was Home Purchase, with 415 originations. The 2nd most popular reason was Cash Out Refi, with 150 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 628 $343,660,000 $547,229 $8,650 5.31%
    15 Year 17 $5,625,000 $330,882 $5,431 4.31%
    30+ year 13 $14,225,000 $1,094,231 $17,045 6.10%
    Other 4 $3,750,000 $937,500 $4,440 6.26%
    20 Year 2 $1,070,000 $535,000 $9,158 4.19%
    1 Year 2 $2,020,000 $1,010,000 $116,362 8.13%
    10 Year 1 $5,000 $5,000 $150 8.00%

    For 2018, Bm Real Estate Services's most frequently cited loan duration was 30 Year, with 628 originations. The 2nd most popular length was 15 Year, with 17 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $1k-2k 305 $150,745,000 $494,246
    $5k+ 180 $153,920,000 $855,111
    $2k-3k 71 $22,315,000 $314,296
    $3k-4k 47 $18,185,000 $386,915
    $4k-5k 33 $11,995,000 $363,485
    $<1k 20 $5,170,000 $258,500

    Bm Real Estate Services's average total fees were $8,650, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 305 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 295 $144,795,000 $490,831
    5-6% 262 $133,670,000 $510,191
    6-7% 52 $39,160,000 $753,077
    7-8% 30 $30,190,000 $1,006,333
    3-4% 16 $14,330,000 $895,625
    Over 8% 7 $5,355,000 $765,000

    During 2018, Bm Real Estate Services's average interest rate for loans was 5.31%, while their most frequently originated rate bucket for loans was 4-5%, with 295 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 234 $67,390,000 $287,991 $6,818 5.19%
    $400k-600k 123 $59,365,000 $482,642 $7,459 5.19%
    $600k-1MM 120 $89,940,000 $749,500 $10,895 5.34%
    $100k-200k 94 $15,070,000 $160,319 $5,343 5.30%
    $1MM+ 82 $137,670,000 $1,678,902 $18,991 5.77%
    $100,000 or less 14 $920,000 $65,714 $3,839 5.69%

    2018 saw Bm Real Estate Services place emphasis on $200k-400k loans with 234 originations, totaling $67,390,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $250k+ 141 $154,465,000 $1,095,496 $13,944 5.50%
    $150k-250k 129 $77,475,000 $600,581 $8,660 5.20%
    $100k-150k 116 $50,260,000 $433,276 $7,362 4.99%
    $50k or less 99 $39,015,000 $394,091 $7,879 5.77%
    $75k-100k 91 $28,215,000 $310,055 $6,514 5.25%
    $50k-75k 86 $19,750,000 $229,651 $6,510 5.11%

    Bm Real Estate Services lent most frequently to those with incomes in the $250k+ range, with 141 originations. The second most popular income band? $150k-250k, with 129 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    30-36% 90 $49,540,000 $550,444 $8,524 5.17%
    20-30% 84 $50,580,000 $602,143 $7,599 5.12%
    49% 49 $26,165,000 $533,980 $8,804 5.29%
    50-60% 48 $18,660,000 $388,750 $10,045 5.32%
    42% 46 $31,000,000 $673,913 $9,912 5.48%
    43% 34 $15,520,000 $456,471 $7,470 5.22%
    <20% 30 $24,560,000 $818,667 $10,362 5.29%
    44% 28 $14,440,000 $515,714 $7,298 5.33%
    41% 27 $13,165,000 $487,593 $6,265 5.23%
    46% 26 $13,160,000 $506,154 $10,604 5.25%
    47% 24 $9,360,000 $390,000 $6,878 5.12%
    48% 23 $10,575,000 $459,783 $6,034 5.16%
    37% 22 $10,810,000 $491,364 $8,638 5.43%
    39% 22 $10,400,000 $472,727 $7,843 5.32%
    40% 21 $10,775,000 $513,095 $7,594 5.05%
    45% 19 $7,135,000 $375,526 $8,229 5.45%
    38% 19 $9,545,000 $502,368 $9,242 5.11%
    36% 19 $12,695,000 $668,158 $10,873 5.25%
    >60% 9 $11,115,000 $1,235,000 $21,446 5.87%

    Bm Real Estate Services lent most frequently to those with DTI ratios of 30-36%, with 90 originations. The next most common DTI ratio? 20-30%, with 84 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 505 $291,105,000 $576,446 $9,034 5.33%
    Asian 56 $29,040,000 $518,571 $9,024 5.37%
    Not provided 52 $23,470,000 $451,346 $7,475 5.21%
    Black 41 $16,835,000 $410,610 $7,544 5.11%
    Not applicable 6 $5,930,000 $988,333 $15,314 5.55%
    American Indian 2 $2,210,000 $1,105,000 $7,755 5.27%
    Native Hawaiian or Islander 3 $885,000 $295,000 $7,868 5.38%
    Chinese 1 $655,000 $655,000 $9,186 4.38%
    Native Hawaiian 1 $225,000 $225,000 $5,361 5.25%

    Approval Rates

    Total approvals of all applications
    90.04%

    Bm Real Estate Services has an average approval rate.

    Pick Rate

    Approvals leading to origination
    51.57%

    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 667 $370,355,000 $555,255

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 4 $870,000 $217,500
    Single Family (1-4 Units):Site-Built 663 $369,485,000 $557,293

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 30 $15,690,000 $523,000 $10,933 4.91%
    40-60% 108 $67,710,000 $626,944 $8,715 5.12%
    60-80% 266 $172,230,000 $647,481 $9,037 5.50%
    80-100% 239 $103,025,000 $431,067 $8,605 5.25%
    Over 100% 15 $9,925,000 $661,667 $6,833 5.40%
    Under 20% 9 $1,775,000 $197,222 $8,937 5.11%