Jmac Lending Mortgage Rates, Fees & Info
Sacramento, CALEI: 5493009B17HXCVXTD608
Tax ID: 26-0707492
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Jmac Lending is a small mortgage company specializing in Refi, Home Purchase, and Cash Out Refi loans. Jmac Lending has a high proportion 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 include Los Angeles, San Francisco, Riverside, San Jose, and San Diego among others. Jmac Lending has an average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Jmac Lending is typically a high fee lendor.Originations
4,287Origination Dollar Volume (All Markets)
$2,066,985,000Awards
JMAC LENDING - 2021
JMAC LENDING is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
Jmac Lending 's average 30 year fixed rate mortgage of loans were
3.11%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.04%.
Relative Fees
Jmac Lending 's average total fees for a 30 year fixed rate
mortgage are $6,743.
The average total origination fees for 30 year fixed rate mortgages (for all loan values, including
both points & up-front fees in addition to origination fees) are $4,750.
Top Markets
| Market | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1,542 | $809,500,000 | $524,968 | $6,753 | 2.98% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 446 | $290,050,000 | $650,336 | $6,407 | 3.08% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 426 | $163,410,000 | $383,592 | $5,747 | 3.05% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 221 | $150,605,000 | $681,471 | $6,118 | 3.07% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 194 | $122,840,000 | $633,196 | $8,823 | 3.09% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 194 | $76,490,000 | $394,278 | $5,989 | 3.06% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 133 | $38,785,000 | $291,617 | $6,872 | 3.22% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 97 | $34,645,000 | $357,165 | $7,840 | 3.42% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 72 | $32,890,000 | $456,806 | $4,845 | 2.89% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 78 | $26,750,000 | $342,949 | $4,029 | 2.92% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 30 | $18,170,000 | $605,667 | $7,702 | 3.05% |
| RENO, NV (FHA|USDA|VA) | 43 | $14,735,000 | $342,674 | $4,046 | 3.17% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 40 | $14,400,000 | $360,000 | $4,097 | 3.10% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 38 | $13,320,000 | $350,526 | $5,908 | 3.14% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 33 | $13,225,000 | $400,758 | $4,517 | 2.94% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 54 | $12,930,000 | $239,444 | $5,432 | 3.01% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 27 | $12,845,000 | $475,741 | $5,594 | 3.01% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 17 | $12,125,000 | $713,235 | $10,654 | 2.81% |
| VALLEJO, CA (FHA|USDA|VA) | 32 | $11,690,000 | $365,313 | $4,795 | 3.12% |
| FRESNO, CA (FHA|USDA|VA) | 35 | $11,405,000 | $325,857 | $5,632 | 3.35% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 17 | $10,455,000 | $615,000 | $6,688 | 2.96% |
| STOCKTON, CA (FHA|USDA|VA) | 25 | $10,425,000 | $417,000 | $4,978 | 3.29% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 22 | $9,540,000 | $433,636 | $7,996 | 3.10% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 13 | $9,095,000 | $699,615 | $9,800 | 2.88% |
| Outside of Metro Areas | 23 | $7,575,000 | $329,348 | $5,397 | 3.32% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 15 | $6,615,000 | $441,000 | $7,561 | 3.01% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 22 | $6,100,000 | $277,273 | $7,162 | 2.93% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 21 | $5,535,000 | $263,571 | $6,771 | 3.40% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 19 | $5,265,000 | $277,105 | $4,098 | 3.02% |
| SALEM, OR (FHA|USDA|VA) | 20 | $5,130,000 | $256,500 | $6,964 | 2.76% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 8 | $4,800,000 | $600,000 | $9,482 | 3.22% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 12 | $4,330,000 | $360,833 | $7,516 | 2.93% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 10 | $4,320,000 | $432,000 | $7,145 | 3.06% |
| SALINAS, CA (FHA|USDA|VA) | 7 | $3,895,000 | $556,429 | $9,430 | 2.96% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 6 | $3,360,000 | $560,000 | $4,552 | 2.89% |
| BEND, OR (FHA|USDA|VA) | 9 | $3,305,000 | $367,222 | $5,018 | 3.12% |
| MODESTO, CA (FHA|USDA|VA) | 8 | $3,250,000 | $406,250 | $3,675 | 3.17% |
| MIDLAND, TX (FHA|USDA|VA) | 11 | $3,175,000 | $288,636 | $6,025 | 3.01% |
| BOULDER, CO (FHA|USDA|VA) | 4 | $3,170,000 | $792,500 | $6,555 | 2.92% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 14 | $3,130,000 | $223,571 | $5,699 | 3.47% |
| NAPA, CA (FHA|USDA|VA) | 5 | $3,085,000 | $617,000 | $9,431 | 2.97% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 13 | $2,685,000 | $206,538 | $4,305 | 3.09% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 10 | $2,620,000 | $262,000 | $6,659 | 3.06% |
| MERCED, CA (FHA|USDA|VA) | 10 | $2,610,000 | $261,000 | $5,472 | 3.42% |
| GREELEY, CO (FHA|USDA|VA) | 8 | $2,590,000 | $323,750 | $7,062 | 2.83% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 10 | $2,530,000 | $253,000 | $3,629 | 2.85% |
| OCALA, FL (FHA|USDA|VA) | 14 | $2,440,000 | $174,286 | $4,530 | 3.17% |
| Ellensburg, WA (FHA|USDA|VA) | 2 | $2,350,000 | $1,175,000 | $10,444 | 2.81% |
| Outside of Metro Areas | 4 | $2,250,000 | $562,500 | $8,473 | 3.09% |
| FORT COLLINS, CO (FHA|USDA|VA) | 4 | $2,040,000 | $510,000 | $9,638 | 3.27% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 8 | $1,730,000 | $216,250 | $6,004 | 3.03% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 3 | $1,665,000 | $555,000 | $7,308 | 2.67% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 4 | $1,520,000 | $380,000 | $6,089 | 2.84% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 3 | $1,515,000 | $505,000 | $9,678 | 3.08% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 5 | $1,455,000 | $291,000 | $6,861 | 3.17% |
| REDDING, CA (FHA|USDA|VA) | 5 | $1,395,000 | $279,000 | $5,157 | 3.31% |
| ODESSA, TX (FHA|USDA|VA) | 6 | $1,390,000 | $231,667 | $8,322 | 3.33% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 8 | $1,380,000 | $172,500 | $4,438 | 3.42% |
| VISALIA, CA (FHA|USDA|VA) | 5 | $1,245,000 | $249,000 | $3,586 | 3.05% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 3 | $1,225,000 | $408,333 | $5,840 | 3.00% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 3 | $1,215,000 | $405,000 | $3,896 | 3.00% |
| MEDFORD, OR (FHA|USDA|VA) | 3 | $1,195,000 | $398,333 | $4,292 | 2.88% |
| TUCSON, AZ (FHA|USDA|VA) | 5 | $1,185,000 | $237,000 | $2,550 | 2.98% |
| Fernley, NV (FHA|USDA|VA) | 4 | $1,180,000 | $295,000 | $3,379 | 3.28% |
| ALBANY-LEBANON, OR (FHA|USDA|VA) | 3 | $1,115,000 | $371,667 | $3,419 | 2.83% |
| Cullowhee, NC (FHA|USDA|VA) | 1 | $1,055,000 | $1,055,000 | $19,953 | 4.50% |
| Ukiah, CA (FHA|USDA|VA) | 2 | $1,050,000 | $525,000 | $7,732 | 3.25% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 1 | $1,035,000 | $1,035,000 | $16,564 | 3.75% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 3 | $1,025,000 | $341,667 | $3,644 | 3.50% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 4 | $1,020,000 | $255,000 | $2,160 | 3.41% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 3 | $995,000 | $331,667 | $12,475 | 3.08% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 3 | $895,000 | $298,333 | $2,171 | 3.29% |
| YUBA CITY, CA (FHA|USDA|VA) | 4 | $850,000 | $212,500 | $4,328 | 3.41% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 1 | $805,000 | $805,000 | $12,829 | 3.63% |
| Glenwood Springs, CO (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $0 | 4.38% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $3,957 | 2.91% |
| Fallon, NV (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $4,111 | 3.37% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 3 | $695,000 | $231,667 | $4,285 | 3.08% |
| SANTA FE, NM (FHA|USDA|VA) | 2 | $670,000 | $335,000 | $3,851 | 3.44% |
| Sandpoint, ID (FHA|USDA|VA) | 1 | $625,000 | $625,000 | $7,639 | 3.25% |
| CORVALLIS, OR (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $13,900 | 2.50% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 1 | $545,000 | $545,000 | $7,645 | 3.25% |
| Sonora, CA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $4,968 | 2.56% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 1 | $495,000 | $495,000 | $10,869 | 2.00% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 3 | $485,000 | $161,667 | $4,835 | 3.04% |
| PITTSBURGH, PA (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $8,494 | 3.38% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $475,000 | $475,000 | $3,218 | 2.25% |
| YAKIMA, WA (FHA|USDA|VA) | 1 | $465,000 | $465,000 | $5,210 | 2.73% |
| COLUMBUS, OH (FHA|USDA|VA) | 3 | $465,000 | $155,000 | $6,873 | 3.54% |
| LEWISTON, ID-WA (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $2,335 | 2.38% |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $2,788 | 2.75% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 2 | $400,000 | $200,000 | $2,210 | 3.25% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 2 | $380,000 | $190,000 | $3,575 | 3.25% |
| MADERA, CA (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $10,372 | 3.00% |
| Roseburg, OR (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $6,989 | 3.00% |
| WILMINGTON, NC (FHA|USDA|VA) | 1 | $325,000 | $325,000 | $2,631 | 2.63% |
| Hood River, OR (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $3,184 | 2.63% |
| GRANTS PASS, OR (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,444 | 2.88% |
| ALBUQUERQUE, NM (FHA|USDA|VA) | 2 | $310,000 | $155,000 | $3,316 | 3.69% |
| PROVO-OREM, UT (FHA|USDA|VA) | 1 | $305,000 | $305,000 | $0 | 3.25% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $6,189 | 2.63% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $7,629 | 2.88% |
| Clearlake, CA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $0 | 3.63% |
| HUNTSVILLE, AL (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,155 | 3.38% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,172 | 2.73% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $2,139 | 2.13% |
| Centralia, WA (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,229 | 2.50% |
| Oak Harbor, WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $2,171 | 2.88% |
| Newport, OR (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $9,920 | 2.38% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 1 | $275,000 | $275,000 | $3,998 | 2.88% |
| LUBBOCK, TX (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $0 | 3.63% |
| Huntsville, TX (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $4,229 | 3.13% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,318 | 3.00% |
| Sebastian-Vero Beach, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $4,568 | 3.25% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,582 | 2.99% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $0 | 3.63% |
| Athens, TX (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $5,605 | 2.50% |
| CHICO, CA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $0 | 3.37% |
| Montrose, CO (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,113 | 3.21% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $5,371 | 2.75% |
| Ontario, OR-ID (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $4,574 | 2.50% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,887 | 3.25% |
| Red Bluff, CA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $0 | 2.88% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $5,485 | 2.25% |
| TALLAHASSEE, FL (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,954 | 2.75% |
| Moses Lake, WA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,082 | 3.25% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,299 | 3.25% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 2.88% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $0 | 3.49% |
| Hereford, TX (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $5,735 | 3.25% |
| EL CENTRO, CA (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $2,326 | 2.88% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,278 | 2.75% |
| Albert Lea, MN (FHA|USDA|VA) | 1 | $75,000 | $75,000 | $3,604 | 3.13% |
Jmac Lending 's top markets include Los Angeles, San Francisco, Riverside, San Jose, and San Diego among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 4,166 | $2,024,750,000 | $486,018 | $6,255 | 3.05% |
| FHA | 101 | $33,355,000 | $330,248 | $10,340 | 2.95% |
| VA | 20 | $8,880,000 | $444,000 | $9,644 | 2.58% |
For the 2021 period, Jmac Lending 's most frequently originated loan type of loans were Conventional, with 4,166 originations. Their 2nd most popular type is FHA, with 101 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Refi | 1,718 | $775,280,000 | $451,269 | $5,209 | 2.88% |
| Home Purchase | 1,285 | $725,665,000 | $564,720 | $8,871 | 3.15% |
| Cash Out Refi | 1,283 | $565,615,000 | $440,853 | $5,460 | 3.16% |
| Home Improvement | 1 | $425,000 | $425,000 | $3,835 | 2.75% |
For the 2021, Jmac Lending 's most frequently cited loan purpose of loans were Refi, with 1,718 originations. The 2nd most popular reason of loans were Home Purchase, with 1,285 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 3,760 | $1,887,900,000 | $502,101 | $6,743 | 3.11% |
| 15 Year | 340 | $102,600,000 | $301,765 | $3,593 | 2.45% |
| 20 Year | 131 | $42,105,000 | $321,412 | $3,356 | 2.78% |
| 10 Year | 19 | $3,645,000 | $191,842 | $3,061 | 2.27% |
| 30+ year | 19 | $24,645,000 | $1,297,105 | $16,473 | 3.65% |
| Other | 18 | $6,090,000 | $338,333 | $3,823 | 2.80% |
For the 2021, Jmac Lending 's most frequently cited loan length of loans were 30 Year, with 3,760 originations. The 2nd most popular length of loans were 15 Year, with 340 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $<1k | 1,467 | $566,975,000 | $386,486 |
| $5k+ | 795 | $588,445,000 | $740,182 |
| $1k-2k | 558 | $297,540,000 | $533,226 |
| $3k-4k | 329 | $157,655,000 | $479,195 |
| $2k-3k | 235 | $106,435,000 | $452,915 |
$6,743 of loans were Jmac Lending 's average total fees, while their most frequently occuring range of origination fees were in the $<1k bucket, with 1,467 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 2,035 | $993,905,000 | $488,405 |
| 3-4% | 1,607 | $816,965,000 | $508,379 |
| <2.5% | 502 | $187,170,000 | $372,849 |
| 4-5% | 136 | $64,640,000 | $475,294 |
| 5-6% | 7 | $4,305,000 | $615,000 |
During 2021, Jmac Lending 's average interest rate of loans were 3.11%, while their most frequently originated rate bucket of loans were 2.5-3%, with 2,035 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 1,689 | $511,575,000 | $302,886 | $4,449 | 2.99% |
| $400k-600k | 1,197 | $580,065,000 | $484,599 | $5,490 | 3.03% |
| $600k-1MM | 615 | $474,325,000 | $771,260 | $10,188 | 3.16% |
| $100k-200k | 430 | $69,080,000 | $160,651 | $3,652 | 3.08% |
| $1MM+ | 326 | $429,340,000 | $1,316,994 | $13,562 | 3.17% |
| $100,000 or less | 30 | $2,600,000 | $86,667 | $3,276 | 3.17% |
2021 saw Jmac Lending place emphasis on $200k-400k loans with 1,689 originations, totaling $511,575,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-150k | 1,097 | $453,345,000 | $413,259 | $5,416 | 3.00% |
| $150k-250k | 979 | $545,025,000 | $556,716 | $7,394 | 3.06% |
| $250k+ | 650 | $567,140,000 | $872,523 | $10,548 | 3.10% |
| $75k-100k | 635 | $223,885,000 | $352,575 | $5,108 | 2.93% |
| $50k-75k | 580 | $168,990,000 | $291,362 | $4,694 | 2.97% |
| $50k or less | 346 | $108,600,000 | $313,873 | $4,249 | 3.44% |
Jmac Lending lent most frequently to those with incomes in the $100k-150k range, with 1,097 originations. The second most popular income band? $150k-250k, with 979 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30-36% | 805 | $407,955,000 | $506,776 | $6,745 | 3.01% |
| 20-30% | 766 | $361,780,000 | $472,298 | $5,597 | 2.93% |
| <20% | 237 | $110,205,000 | $465,000 | $5,987 | 2.92% |
| 44% | 224 | $101,590,000 | $453,527 | $5,966 | 3.15% |
| 49% | 194 | $85,650,000 | $441,495 | $7,171 | 3.03% |
| 37% | 181 | $97,355,000 | $537,873 | $6,266 | 3.03% |
| 42% | 179 | $100,465,000 | $561,257 | $7,583 | 3.11% |
| 39% | 173 | $92,685,000 | $535,751 | $6,872 | 2.98% |
| 38% | 171 | $89,945,000 | $525,994 | $6,893 | 3.00% |
| 36% | 170 | $86,000,000 | $505,882 | $7,120 | 3.00% |
| 40% | 169 | $77,685,000 | $459,675 | $5,542 | 3.07% |
| 41% | 164 | $82,080,000 | $500,488 | $7,197 | 3.10% |
| 43% | 160 | $76,320,000 | $477,000 | $6,776 | 3.10% |
| 45% | 148 | $62,400,000 | $421,622 | $5,310 | 3.03% |
| 48% | 139 | $54,965,000 | $395,432 | $5,298 | 3.03% |
| 47% | 131 | $55,895,000 | $426,679 | $6,407 | 3.02% |
| 46% | 95 | $40,315,000 | $424,368 | $5,175 | 3.02% |
| 50-60% | 46 | $20,640,000 | $448,696 | $11,109 | 3.04% |
Jmac Lending lent most frequently to those with DTI ratios of 30-36%, with 805 originations. The next most common DTI ratio? 20-30%, with 766 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 1,906 | $905,930,000 | $475,304 | $6,912 | 3.06% |
| Asian | 1,372 | $679,870,000 | $495,532 | $5,093 | 2.99% |
| Not provided | 802 | $404,040,000 | $503,791 | $7,056 | 3.09% |
| Black | 173 | $62,595,000 | $361,821 | $6,376 | 3.20% |
| American Indian | 20 | $7,410,000 | $370,500 | $7,593 | 3.02% |
| Native Hawaiian | 12 | $4,890,000 | $407,500 | $7,467 | 3.10% |
| Other Asian | 1 | $1,265,000 | $1,265,000 | $9,808 | 3.38% |
| Chinese | 1 | $985,000 | $985,000 | $14,177 | 2.88% |
Approval Rates
Total approvals of all applications81.00%
Jmac Lending has a below average approval rate.
Pick Rate
Approvals leading to origination70.46%
Jmac Lending has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 4,287 | $2,066,985,000 | $482,152 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 4,287 | $2,066,985,000 | $482,152 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 555 | $178,635,000 | $321,865 | $3,833 | 2.86% |
| 40-60% | 1,199 | $544,225,000 | $453,899 | $4,812 | 2.93% |
| 60-80% | 1,763 | $957,805,000 | $543,281 | $7,205 | 3.17% |
| 80-100% | 719 | $373,815,000 | $519,910 | $8,497 | 3.10% |
| Over 100% | 3 | $1,425,000 | $475,000 | $19,426 | 2.75% |
| Under 20% | 48 | $11,080,000 | $230,833 | $3,732 | 2.87% |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| JMAC LENDING INCORPORATED | Conventional home mortgage | Closing on a mortgage | 1 | 100.0% |
