Jmac Lending Mortgage Rates, Fees & Info

Sacramento, CA

LEI: 5493009B17HXCVXTD608

Tax ID: 26-0707492

Latest/2023 | 2022 Data | 2021 Data | 2020 Data | 2019 Data | 2018 Data

Jump to:

Mortgage Data

Review & Overview

Jmac Lending is a small mortgage company specializing in Home Purchase and Cash Out Refi loans. Jmac Lending 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, San Francisco, Riverside, San Diego, and San Jose among others. We have data for 139 markets. (Some data included below & more in-depth data is available with an active subscription.)

Jmac Lending has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. Jmac Lending 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
30 Year Conventional Purchase 6.89% 4/18/24
30 Year Conventional Refi 6.61% 4/18/24
30 Year Cash-out Refi 7.02% 4/18/24
30 Year FHA Purchase 6.99% 4/18/24
30 Year FHA Refi 6.99% 4/18/24
30 Year VA Purchase 5.89% 4/18/24
15 Year Conventional Purchase 6.25% 4/18/24
15 Year Conventional Refi 5.94% 4/18/24
15 Year Cash-out Refi 5.94% 4/18/24
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.

Jmac Lending Mortgage Calculator






Your Estimates

Estimated Loan Payment: Update the calculator values and click calculate payment!

This is not an official calculator from Jmac Lending. 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

3,005

Origination Dollar Volume (All Markets)

$1,299,835,000
Show all (14) awards

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) 761 $394,705,000 $518,666 $7,608 4.81%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 231 $152,125,000 $658,550 $7,344 4.86%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 314 $107,020,000 $340,828 $6,621 4.72%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 186 $99,450,000 $534,677 $7,799 4.78%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 124 $86,100,000 $694,355 $6,851 4.82%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 192 $62,500,000 $325,521 $6,150 4.66%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 65 $32,185,000 $495,154 $6,736 4.45%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 88 $29,390,000 $333,977 $6,965 4.85%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 110 $28,130,000 $255,727 $6,871 4.74%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 78 $21,780,000 $279,231 $5,824 4.51%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 45 $21,005,000 $466,778 $8,436 4.89%
URBAN HONOLULU, HI (FHA|USDA|VA) 30 $18,750,000 $625,000 $9,493 5.27%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 70 $16,830,000 $240,429 $5,453 4.45%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 63 $16,795,000 $266,587 $6,518 4.71%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 22 $12,650,000 $575,000 $8,429 4.85%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 42 $10,960,000 $260,952 $8,145 5.21%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 12 $10,160,000 $846,667 $5,785 5.03%
Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) 21 $9,655,000 $459,762 $6,521 4.53%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 32 $9,090,000 $284,063 $4,196 4.46%
STOCKTON, CA (FHA|USDA|VA) 28 $8,750,000 $312,500 $6,690 4.78%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 23 $8,595,000 $373,696 $6,466 4.73%
SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) 17 $7,895,000 $464,412 $5,597 4.56%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 18 $7,770,000 $431,667 $5,549 4.51%
SALINAS, CA (FHA|USDA|VA) 14 $7,260,000 $518,571 $9,336 4.93%
VALLEJO, CA (FHA|USDA|VA) 15 $5,445,000 $363,000 $8,261 4.53%
MODESTO, CA (FHA|USDA|VA) 20 $4,720,000 $236,000 $4,915 4.80%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 15 $4,705,000 $313,667 $5,242 4.66%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 8 $4,250,000 $531,250 $10,201 4.19%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 15 $4,105,000 $273,667 $5,571 4.76%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 17 $3,595,000 $211,471 $6,580 4.67%
Outside of Metro Areas 14 $3,250,000 $232,143 $4,948 4.31%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 11 $3,185,000 $289,545 $4,900 4.09%
FRESNO, CA (FHA|USDA|VA) 12 $3,140,000 $261,667 $7,073 4.93%
RENO, NV (FHA|USDA|VA) 10 $3,120,000 $312,000 $3,290 4.40%
JACKSONVILLE, FL (FHA|USDA|VA) 10 $3,010,000 $301,000 $6,701 4.92%
NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) 10 $2,890,000 $289,000 $5,958 4.71%
BAKERSFIELD, CA (FHA|USDA|VA) 13 $2,835,000 $218,077 $3,622 5.03%
PORT ST. LUCIE, FL (FHA|USDA|VA) 9 $2,755,000 $306,111 $6,754 4.93%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 13 $2,755,000 $211,923 $8,192 5.38%
NAPA, CA (FHA|USDA|VA) 3 $2,745,000 $915,000 $10,534 4.53%
Hilo, HI (FHA|USDA|VA) 6 $2,580,000 $430,000 $5,382 5.06%
RALEIGH-CARY, NC (FHA|USDA|VA) 7 $2,515,000 $359,286 $4,795 4.34%
CHICO, CA (FHA|USDA|VA) 12 $2,420,000 $201,667 $4,489 4.76%
TUCSON, AZ (FHA|USDA|VA) 7 $2,405,000 $343,571 $5,543 4.58%
MERCED, CA (FHA|USDA|VA) 8 $2,060,000 $257,500 $7,582 4.94%
YUBA CITY, CA (FHA|USDA|VA) 8 $2,030,000 $253,750 $6,551 4.41%
Truckee-Grass Valley, CA (FHA|USDA|VA) 4 $2,010,000 $502,500 $4,671 4.53%
SALT LAKE CITY, UT (FHA|USDA|VA) 6 $1,770,000 $295,000 $6,676 4.31%
BOULDER, CO (FHA|USDA|VA) 3 $1,605,000 $535,000 $11,811 4.42%
BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) 5 $1,605,000 $321,000 $3,852 4.40%
CINCINNATI, OH-KY-IN (FHA|USDA|VA) 4 $1,540,000 $385,000 $2,600 4.06%
COLUMBIA, SC (FHA|USDA|VA) 9 $1,435,000 $159,444 $4,216 4.94%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 5 $1,385,000 $277,000 $7,883 4.80%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 7 $1,285,000 $183,571 $5,081 4.25%
Breckenridge, CO (FHA|USDA|VA) 1 $1,285,000 $1,285,000 $9,663 3.88%
Pullman, WA (FHA|USDA|VA) 4 $1,270,000 $317,500 $6,243 4.41%
Heber, UT (FHA|USDA|VA) 2 $1,260,000 $630,000 $15,371 4.56%
COLORADO SPRINGS, CO (FHA|USDA|VA) 5 $1,235,000 $247,000 $6,259 4.70%
CLEVELAND-ELYRIA, OH (FHA|USDA|VA) 5 $1,205,000 $241,000 $3,951 4.47%
WILMINGTON, NC (FHA|USDA|VA) 3 $1,185,000 $395,000 $3,935 4.71%
BEND, OR (FHA|USDA|VA) 3 $1,135,000 $378,333 $6,978 4.46%
VISALIA, CA (FHA|USDA|VA) 4 $1,070,000 $267,500 $7,986 4.53%
COLUMBUS, OH (FHA|USDA|VA) 3 $915,000 $305,000 $2,666 5.19%
OCALA, FL (FHA|USDA|VA) 4 $910,000 $227,500 $6,225 4.97%
CORVALLIS, OR (FHA|USDA|VA) 2 $700,000 $350,000 $4,727 4.50%
WENATCHEE, WA (FHA|USDA|VA) 2 $700,000 $350,000 $5,661 4.44%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 4 $690,000 $172,500 $7,491 4.85%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 3 $685,000 $228,333 $7,790 5.36%
SALEM, OR (FHA|USDA|VA) 2 $670,000 $335,000 $3,711 4.25%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 2 $640,000 $320,000 $8,575 4.63%
KAHULUI-WAILUKU-LAHAINA, HI (FHA|USDA|VA) 1 $635,000 $635,000 $3,201 4.63%
RICHMOND, VA (FHA|USDA|VA) 2 $630,000 $315,000 $3,434 4.31%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 2 $570,000 $285,000 $4,008 3.94%
Kapaa, HI (FHA|USDA|VA) 1 $535,000 $535,000 $9,780 6.60%
OGDEN-CLEARFIELD, UT (FHA|USDA|VA) 2 $520,000 $260,000 $3,176 4.63%
BOISE CITY, ID (FHA|USDA|VA) 1 $505,000 $505,000 $8,669 6.73%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $500,000 $250,000 $4,655 4.67%
EL CENTRO, CA (FHA|USDA|VA) 2 $500,000 $250,000 $3,120 5.00%
AUBURN-OPELIKA, AL (FHA|USDA|VA) 1 $485,000 $485,000 $10,178 5.00%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 2 $480,000 $240,000 $4,619 4.63%
Eureka-Arcata, CA (FHA|USDA|VA) 2 $460,000 $230,000 $8,052 4.69%
Hermiston-Pendleton, OR (FHA|USDA|VA) 1 $455,000 $455,000 $3,158 4.75%
Payson, AZ (FHA|USDA|VA) 1 $455,000 $455,000 $2,523 4.38%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 1 $435,000 $435,000 $3,030 4.25%
PANAMA CITY, FL (FHA|USDA|VA) 1 $425,000 $425,000 $12,800 3.00%
PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) 2 $420,000 $210,000 $8,109 5.60%
FAYETTEVILLE, NC (FHA|USDA|VA) 2 $400,000 $200,000 $4,225 4.06%
PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) 1 $395,000 $395,000 $3,710 3.88%
GREENSBORO-HIGH POINT, NC (FHA|USDA|VA) 1 $395,000 $395,000 $2,967 4.25%
KNOXVILLE, TN (FHA|USDA|VA) 1 $375,000 $375,000 $2,680 4.25%
PUEBLO, CO (FHA|USDA|VA) 1 $365,000 $365,000 $2,049 4.13%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $355,000 $355,000 $2,973 3.75%
GRANTS PASS, OR (FHA|USDA|VA) 1 $345,000 $345,000 $4,055 4.25%
DAYTON-KETTERING, OH (FHA|USDA|VA) 1 $335,000 $335,000 $2,385 4.50%
REDDING, CA (FHA|USDA|VA) 2 $330,000 $165,000 $6,725 4.38%
HANFORD-CORCORAN, CA (FHA|USDA|VA) 2 $330,000 $165,000 $4,030 4.44%
Oak Harbor, WA (FHA|USDA|VA) 1 $325,000 $325,000 $9,435 7.25%
WINCHESTER, VA-WV (FHA|USDA|VA) 1 $325,000 $325,000 $2,650 5.09%
Sonora, CA (FHA|USDA|VA) 2 $320,000 $160,000 $4,101 4.19%
Fernley, NV (FHA|USDA|VA) 2 $320,000 $160,000 $5,464 5.19%
ASHEVILLE, NC (FHA|USDA|VA) 1 $315,000 $315,000 $2,345 4.34%
MADERA, CA (FHA|USDA|VA) 2 $310,000 $155,000 $5,444 4.88%
GREENVILLE-ANDERSON, SC (FHA|USDA|VA) 2 $310,000 $155,000 $5,407 4.88%
BELLINGHAM, WA (FHA|USDA|VA) 1 $295,000 $295,000 $3,123 3.63%
MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) 1 $295,000 $295,000 $7,967 3.88%
CHARLOTTESVILLE, VA (FHA|USDA|VA) 1 $285,000 $285,000 $2,968 4.50%
MEDFORD, OR (FHA|USDA|VA) 1 $285,000 $285,000 $3,661 3.88%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $285,000 $285,000 $3,219 4.50%
Glenwood Springs, CO (FHA|USDA|VA) 1 $285,000 $285,000 $2,327 3.88%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $275,000 $275,000 $2,573 4.21%
WINSTON-SALEM, NC (FHA|USDA|VA) 1 $265,000 $265,000 $8,248 3.25%
LYNCHBURG, VA (FHA|USDA|VA) 1 $265,000 $265,000 $2,567 4.71%
Susanville, CA (FHA|USDA|VA) 1 $255,000 $255,000 $2,367 4.00%
MIDLAND, TX (FHA|USDA|VA) 1 $255,000 $255,000 $4,560 4.13%
ABILENE, TX (FHA|USDA|VA) 1 $255,000 $255,000 $4,348 4.63%
WALLA WALLA, WA (FHA|USDA|VA) 1 $255,000 $255,000 $2,009 3.88%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 1 $235,000 $235,000 $7,187 4.38%
MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) 1 $225,000 $225,000 $7,870 4.50%
ODESSA, TX (FHA|USDA|VA) 1 $225,000 $225,000 $4,376 4.63%
Moscow, ID (FHA|USDA|VA) 1 $225,000 $225,000 $4,142 4.13%
JACKSONVILLE, NC (FHA|USDA|VA) 1 $215,000 $215,000 $9,695 4.00%
Sevierville, TN (FHA|USDA|VA) 1 $215,000 $215,000 $2,805 3.75%
Port Angeles, WA (FHA|USDA|VA) 1 $205,000 $205,000 $5,851 4.38%
Sebastian-Vero Beach, FL (FHA|USDA|VA) 1 $205,000 $205,000 $6,351 5.25%
Athens, TX (FHA|USDA|VA) 1 $205,000 $205,000 $7,324 4.38%
ALBANY-LEBANON, OR (FHA|USDA|VA) 1 $205,000 $205,000 $3,950 4.63%
EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) 1 $195,000 $195,000 $2,574 5.21%
ROANOKE, VA (FHA|USDA|VA) 1 $195,000 $195,000 $1,374 4.88%
CLARKSVILLE, TN-KY (FHA|USDA|VA) 1 $185,000 $185,000 $3,946 5.50%
GRAND JUNCTION, CO (FHA|USDA|VA) 1 $185,000 $185,000 $5,276 3.88%
Red Bluff, CA (FHA|USDA|VA) 1 $175,000 $175,000 $7,387 4.50%
Jefferson, GA (FHA|USDA|VA) 1 $175,000 $175,000 $7,682 6.40%
CORPUS CHRISTI, TX (FHA|USDA|VA) 1 $165,000 $165,000 $3,355 4.75%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 1 $155,000 $155,000 $5,145 3.88%
TYLER, TX (FHA|USDA|VA) 1 $145,000 $145,000 $4,330 4.63%
SUMTER, SC (FHA|USDA|VA) 1 $125,000 $125,000 $4,059 4.88%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 1 $115,000 $115,000 $6,886 4.63%
FLORENCE, SC (FHA|USDA|VA) 1 $105,000 $105,000 $2,656 5.63%
CHATTANOOGA, TN-GA (FHA|USDA|VA) 1 $85,000 $85,000 $2,712 5.50%
Jmac Lending's top markets include Los Angeles, San Francisco, Riverside, San Diego, and San Jose among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Florida (FHA|USDA|VA)
  • Washington (FHA|USDA|VA)
  • Texas (FHA|USDA|VA)
  • Hawaii (FHA|USDA|VA)
  • Similar Lenders

    We use machine learning to identify the top lenders compared against JMAC LENDING based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.

    Monterey Credit Union
    Similarity Rank: 16
    SANTA CLARA COUNTY
    Similarity Rank: 20
    MYPOINT Credit Union
    Similarity Rank: 55
    SESLOC
    Similarity Rank: 70
    ONE NEVADA CREDIT UNION
    Similarity Rank: 161
    FRONTWAVE
    Similarity Rank: 176
    COASTHILLS
    Similarity Rank: 184
    CBC Federal Credit Union
    Similarity Rank: 189
    Montecito Bank & Trust
    Similarity Rank: 216

    Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 2,353 $1,080,555,000 $459,224 $6,236 4.83%
    FHA 451 $146,735,000 $325,355 $9,803 4.55%
    VA 195 $71,275,000 $365,513 $8,131 4.21%
    USDA 6 $1,270,000 $211,667 $5,128 4.79%

    For 2018, Jmac Lending's most frequently originated type of loan was Conventional, with 2,353 originations. Their 2nd most popular type was FHA, with 451 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Home Purchase 1,554 $694,400,000 $446,847 $7,652 4.79%
    Cash Out Refi 956 $398,090,000 $416,412 $6,261 4.78%
    Refi 495 $207,345,000 $418,879 $5,726 4.53%

    For 2018, Jmac Lending's most frequently cited loan purpose was Home Purchase, with 1,554 originations. The 2nd most popular reason was Cash Out Refi, with 956 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    30 Year 2,800 $1,202,200,000 $429,357 $6,883 4.75%
    15 Year 83 $28,385,000 $341,988 $5,774 4.20%
    30+ year 65 $52,685,000 $810,538 $11,123 5.64%
    20 Year 43 $12,075,000 $280,814 $4,027 4.37%
    10 Year 10 $3,250,000 $325,000 $4,426 3.88%
    Other 4 $1,240,000 $310,000 $4,616 4.47%

    For 2018, Jmac Lending's most frequently cited loan duration was 30 Year, with 2,800 originations. The 2nd most popular length was 15 Year, with 83 originations.

    Origination Fees/Closing Costs

    Origination Fee/Closing Cost Originations Total Value Average Loan
    $<1k 1,276 $466,480,000 $365,580
    $5k+ 600 $368,480,000 $614,133
    $1k-2k 515 $228,045,000 $442,806
    $2k-3k 255 $94,485,000 $370,529
    $3k-4k 192 $80,400,000 $418,750
    $4k-5k 167 $61,945,000 $370,928

    Jmac Lending's average total fees were $6,883, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 1,276 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    4-5% 1,877 $801,235,000 $426,870
    5-6% 617 $278,175,000 $450,851
    3-4% 394 $143,310,000 $363,731
    6-7% 76 $52,420,000 $689,737
    7-8% 29 $21,355,000 $736,379
    Over 8% 10 $2,740,000 $274,000
    2.5-3% 2 $600,000 $300,000

    During 2018, Jmac Lending's average interest rate for loans was 4.75%, while their most frequently originated rate bucket for loans was 4-5%, with 1,877 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 1,377 $412,995,000 $299,924 $5,790 4.62%
    $400k-600k 716 $336,240,000 $469,609 $7,267 4.73%
    $600k-1MM 371 $275,375,000 $742,251 $9,438 4.96%
    $100k-200k 352 $57,140,000 $162,330 $4,701 4.78%
    $1MM+ 162 $215,890,000 $1,332,654 $14,143 5.17%
    $100,000 or less 27 $2,195,000 $81,296 $3,234 5.56%

    2018 saw Jmac Lending place emphasis on $200k-400k loans with 1,377 originations, totaling $412,995,000 in origination value.

    Applicant Income

    Applicant Income Originations Total Value Average Loan Average Fees Average Rate
    $100k-150k 723 $287,805,000 $398,071 $6,633 4.68%
    $150k-250k 613 $317,115,000 $517,316 $7,221 4.83%
    $75k-100k 568 $191,000,000 $336,268 $6,300 4.62%
    $50k-75k 517 $143,035,000 $276,663 $5,908 4.58%
    $250k+ 338 $296,160,000 $876,213 $10,152 4.99%
    $50k or less 246 $64,720,000 $263,089 $5,792 5.03%

    Jmac Lending lent most frequently to those with incomes in the $100k-150k range, with 723 originations. The second most popular income band? $150k-250k, with 613 originations.

    Applicant Debt to Income Ratio

    DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
    20-30% 2 $810,000 $405,000 $6,079 3.75%
    30-36% 1 $535,000 $535,000 $5,670 3.88%
    37% 1 $245,000 $245,000 $4,054 4.63%
    40% 1 $615,000 $615,000 $11,983 4.75%
    42% 1 $125,000 $125,000 $5,850 4.13%
    45% 1 $615,000 $615,000 $13,312 4.25%
    46% 1 $245,000 $245,000 $3,195 5.13%

    Jmac Lending lent most frequently to those with DTI ratios of 20-30%, with 2 originations. The next most common DTI ratio? 30-36%, with 1 originations.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    White 1,702 $721,180,000 $423,725 $7,084 4.73%
    Asian 668 $316,470,000 $473,757 $6,071 4.76%
    Not provided 442 $196,080,000 $443,620 $7,340 4.78%
    Black 154 $49,650,000 $322,403 $7,265 4.74%
    Native Hawaiian or Islander 21 $9,025,000 $429,762 $6,424 4.67%
    American Indian 14 $6,010,000 $429,286 $5,810 4.84%
    Guamanian 1 $505,000 $505,000 $4,955 4.75%
    Filipino 1 $405,000 $405,000 $2,548 4.00%
    Chinese 1 $355,000 $355,000 $7,792 4.50%
    Asian Indian 1 $155,000 $155,000 $3,790 4.75%

    Approval Rates

    Total approvals of all applications
    70.74%

    Jmac Lending has a below average approval rate.

    Pick Rate

    Approvals leading to origination
    85.09%

    Jmac Lending has an average pick rate.

    Points and Fees

    Points Originations Total Value Average Loan
    NA 3,005 $1,299,835,000 $432,557

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 5 $1,185,000 $237,000
    Single Family (1-4 Units):Site-Built 3,000 $1,298,650,000 $432,883

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    40-60% 2 $860,000 $430,000 $8,253 4.69%
    60-80% 5 $2,205,000 $441,000 $6,773 4.15%
    80-100% 1 $125,000 $125,000 $5,850 4.13%

    Complaints

    Bank Name Product Issue 2018 CPFB Complaints % of Total Issues
    JMAC LENDING INCORPORATED Conventional home mortgage Applying for a mortgage or refinancing an existing mortgage 1 50.0%
    JMAC LENDING INCORPORATED VA mortgage Trouble during payment process 1 50.0%