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 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| Home Equity Line of Credit (HELOC) | 8.16% | 12/16/24 |
| 30 Year Conventional Purchase | 7.40% | 12/16/24 |
| 30 Year Conventional Refi | 6.94% | 12/16/24 |
| 30 Year Cash-out Refi | 7.15% | 12/16/24 |
| 30 Year FHA Purchase | 6.27% | 12/16/24 |
| 30 Year VA Purchase | 6.27% | 12/16/24 |
| 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™
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
667Origination Dollar Volume (All Markets)
$370,355,000Top 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% |
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 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
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
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
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
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
2018 saw Bm Real Estate Services place emphasis on $200k-400k loans with 234 originations, totaling $67,390,000 in origination value.
Applicant Income
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
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
Approval Rates
Total approvals of all applications90.04%
Bm Real Estate Services has an average approval rate.
Pick Rate
Approvals leading to origination51.57%
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 |