Jmac Lending Mortgage Rates, Fees & Info
Sacramento, CALEI: 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 mid-sized mortgage company specializing in Refi, Cash Out Refi, and Home Purchase 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.) They have a low ratio of USDA loans. Their top markets by origination volume include: Los Angeles, San Francisco, Riverside, San Jose, and San Diego among others. We have data for 153 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% | 12/3/24 |
| 30 Year Conventional Refi | 6.61% | 12/3/24 |
| 30 Year Cash-out Refi | 7.02% | 12/3/24 |
| 30 Year FHA Purchase | 6.99% | 12/3/24 |
| 30 Year FHA Refi | 6.99% | 12/3/24 |
| 30 Year VA Purchase | 5.89% | 12/3/24 |
| 15 Year Conventional Purchase | 6.25% | 12/3/24 |
| 15 Year Conventional Refi | 5.94% | 12/3/24 |
| 15 Year Cash-out Refi | 5.94% | 12/3/24 |
| 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
8,022Origination Dollar Volume (All Markets)
$3,183,980,000Awards
JMAC LENDING - 2020
JMAC LENDING is a 2020 , due to their low .
For 2020, less than of lenders were eligible for this award.
Work for JMAC LENDING?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
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) | 2,991 | $1,313,735,000 | $439,229 | $5,030 | 3.13% |
| San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) | 784 | $369,030,000 | $470,702 | $4,508 | 3.20% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 695 | $231,085,000 | $332,496 | $4,470 | 3.19% |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 453 | $227,995,000 | $503,300 | $3,897 | 3.20% |
| SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) | 409 | $179,865,000 | $439,768 | $5,505 | 3.27% |
| SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) | 406 | $139,140,000 | $342,709 | $4,773 | 3.23% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 166 | $67,160,000 | $404,578 | $3,896 | 3.15% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 212 | $57,220,000 | $269,906 | $5,853 | 3.30% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 176 | $50,320,000 | $285,909 | $4,034 | 3.26% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 148 | $41,330,000 | $279,257 | $6,800 | 3.33% |
| DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) | 97 | $33,345,000 | $343,763 | $4,379 | 3.21% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 72 | $29,860,000 | $414,722 | $4,609 | 3.23% |
| SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) | 65 | $26,735,000 | $411,308 | $3,971 | 3.29% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 103 | $25,175,000 | $244,417 | $5,868 | 3.32% |
| PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) | 71 | $23,855,000 | $335,986 | $4,498 | 3.26% |
| STOCKTON, CA (FHA|USDA|VA) | 57 | $18,955,000 | $332,544 | $3,853 | 3.30% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 44 | $18,780,000 | $426,818 | $4,906 | 3.25% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 63 | $18,325,000 | $290,873 | $4,758 | 3.68% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 65 | $17,665,000 | $271,769 | $5,758 | 3.39% |
| VALLEJO, CA (FHA|USDA|VA) | 48 | $16,320,000 | $340,000 | $5,054 | 3.17% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 38 | $13,450,000 | $353,947 | $6,243 | 3.31% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 47 | $12,755,000 | $271,383 | $6,587 | 3.39% |
| Outside of Metro Areas | 47 | $12,545,000 | $266,915 | $4,404 | 3.21% |
| SALEM, OR (FHA|USDA|VA) | 45 | $12,395,000 | $275,444 | $6,820 | 3.12% |
| SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) | 27 | $12,385,000 | $458,704 | $6,166 | 3.17% |
| SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) | 29 | $12,375,000 | $426,724 | $5,946 | 3.11% |
| FRESNO, CA (FHA|USDA|VA) | 35 | $10,165,000 | $290,429 | $4,828 | 3.20% |
| BAKERSFIELD, CA (FHA|USDA|VA) | 32 | $8,890,000 | $277,813 | $4,666 | 3.10% |
| MODESTO, CA (FHA|USDA|VA) | 31 | $8,745,000 | $282,097 | $4,228 | 3.33% |
| SALINAS, CA (FHA|USDA|VA) | 20 | $8,240,000 | $412,000 | $6,177 | 3.14% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 23 | $7,955,000 | $345,870 | $6,205 | 3.26% |
| RENO, NV (FHA|USDA|VA) | 20 | $6,810,000 | $340,500 | $5,629 | 3.67% |
| Truckee-Grass Valley, CA (FHA|USDA|VA) | 16 | $6,750,000 | $421,875 | $4,440 | 3.20% |
| NASHVILLE-DAVIDSON-MURFREESBORO-FRANKLIN, TN (FHA|USDA|VA) | 22 | $6,680,000 | $303,636 | $5,677 | 3.02% |
| NAPA, CA (FHA|USDA|VA) | 16 | $5,710,000 | $356,875 | $3,945 | 2.98% |
| CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) | 18 | $5,410,000 | $300,556 | $5,444 | 3.29% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 15 | $4,775,000 | $318,333 | $6,815 | 3.15% |
| PORT ST. LUCIE, FL (FHA|USDA|VA) | 13 | $4,755,000 | $365,769 | $8,588 | 3.39% |
| BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) | 8 | $4,730,000 | $591,250 | $3,860 | 3.21% |
| TUCSON, AZ (FHA|USDA|VA) | 20 | $4,700,000 | $235,000 | $3,350 | 3.13% |
| REDDING, CA (FHA|USDA|VA) | 14 | $4,560,000 | $325,714 | $4,903 | 3.34% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 14 | $4,170,000 | $297,857 | $7,037 | 3.67% |
| BOULDER, CO (FHA|USDA|VA) | 10 | $4,100,000 | $410,000 | $2,694 | 3.02% |
| MERCED, CA (FHA|USDA|VA) | 16 | $3,910,000 | $244,375 | $4,813 | 3.42% |
| GREELEY, CO (FHA|USDA|VA) | 13 | $3,665,000 | $281,923 | $3,638 | 3.34% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 10 | $3,300,000 | $330,000 | $6,233 | 3.53% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 15 | $3,095,000 | $206,333 | $4,601 | 3.23% |
| CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) | 9 | $2,645,000 | $293,889 | $3,583 | 3.07% |
| New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) | 6 | $2,640,000 | $440,000 | $7,058 | 3.15% |
| YUBA CITY, CA (FHA|USDA|VA) | 8 | $2,640,000 | $330,000 | $3,174 | 3.34% |
| BEND, OR (FHA|USDA|VA) | 7 | $2,615,000 | $373,571 | $7,090 | 3.27% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 9 | $2,595,000 | $288,333 | $2,923 | 2.87% |
| FORT COLLINS, CO (FHA|USDA|VA) | 8 | $2,510,000 | $313,750 | $4,840 | 3.21% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 8 | $2,450,000 | $306,250 | $9,319 | 3.09% |
| BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) | 11 | $2,395,000 | $217,727 | $3,114 | 3.38% |
| LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) | 7 | $2,355,000 | $336,429 | $4,926 | 3.20% |
| North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) | 6 | $2,200,000 | $366,667 | $9,243 | 3.35% |
| PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) | 7 | $2,175,000 | $310,714 | $2,373 | 3.14% |
| PROVO-OREM, UT (FHA|USDA|VA) | 8 | $2,110,000 | $263,750 | $5,603 | 3.00% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 7 | $2,055,000 | $293,571 | $4,025 | 3.21% |
| HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) | 1 | $1,995,000 | $1,995,000 | $5,543 | 4.00% |
| VISALIA, CA (FHA|USDA|VA) | 7 | $1,765,000 | $252,143 | $3,903 | 3.07% |
| MIDLAND, TX (FHA|USDA|VA) | 6 | $1,740,000 | $290,000 | $5,627 | 2.71% |
| GAINESVILLE, GA (FHA|USDA|VA) | 4 | $1,490,000 | $372,500 | $10,106 | 2.86% |
| CINCINNATI, OH-KY-IN (FHA|USDA|VA) | 5 | $1,465,000 | $293,000 | $3,739 | 2.91% |
| Detroit-Warren-Dearborn, MI (FHA|USDA|VA) | 4 | $1,430,000 | $357,500 | $7,030 | 3.28% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 5 | $1,295,000 | $259,000 | $5,036 | 3.12% |
| PALM BAY-MELBOURNE-TITUSVILLE, FL (FHA|USDA|VA) | 5 | $1,275,000 | $255,000 | $7,813 | 2.97% |
| CHICO, CA (FHA|USDA|VA) | 4 | $1,180,000 | $295,000 | $3,582 | 3.25% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 4 | $1,150,000 | $287,500 | $11,596 | 3.30% |
| ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) | 3 | $1,125,000 | $375,000 | $6,468 | 3.46% |
| OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) | 4 | $1,110,000 | $277,500 | $3,281 | 2.97% |
| Pullman, WA (FHA|USDA|VA) | 3 | $1,105,000 | $368,333 | $4,877 | 3.13% |
| CARSON CITY, NV (FHA|USDA|VA) | 3 | $1,035,000 | $345,000 | $5,838 | 3.46% |
| Key West, FL (FHA|USDA|VA) | 2 | $980,000 | $490,000 | $9,035 | 3.31% |
| MADERA, CA (FHA|USDA|VA) | 5 | $975,000 | $195,000 | $4,818 | 3.25% |
| MEDFORD, OR (FHA|USDA|VA) | 4 | $890,000 | $222,500 | $3,286 | 3.14% |
| CORVALLIS, OR (FHA|USDA|VA) | 3 | $845,000 | $281,667 | $3,017 | 2.96% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 3 | $825,000 | $275,000 | $3,881 | 3.46% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $800,000 | $400,000 | $5,417 | 2.75% |
| BOISE CITY, ID (FHA|USDA|VA) | 2 | $780,000 | $390,000 | $5,914 | 3.31% |
| Sonora, CA (FHA|USDA|VA) | 3 | $745,000 | $248,333 | $6,142 | 3.16% |
| CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) | 2 | $740,000 | $370,000 | $6,436 | 3.06% |
| Shelton, WA (FHA|USDA|VA) | 2 | $720,000 | $360,000 | $1,775 | 3.13% |
| Red Bluff, CA (FHA|USDA|VA) | 2 | $710,000 | $355,000 | $3,109 | 3.75% |
| OCALA, FL (FHA|USDA|VA) | 4 | $700,000 | $175,000 | $4,468 | 3.37% |
| Clearlake, CA (FHA|USDA|VA) | 3 | $635,000 | $211,667 | $2,597 | 3.16% |
| Roseburg, OR (FHA|USDA|VA) | 2 | $630,000 | $315,000 | $3,441 | 3.34% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 3 | $615,000 | $205,000 | $5,639 | 3.58% |
| GRANTS PASS, OR (FHA|USDA|VA) | 2 | $590,000 | $295,000 | $5,469 | 2.88% |
| Breckenridge, CO (FHA|USDA|VA) | 2 | $580,000 | $290,000 | $5,539 | 2.88% |
| SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) | 2 | $560,000 | $280,000 | $3,145 | 3.19% |
| FLAGSTAFF, AZ (FHA|USDA|VA) | 2 | $540,000 | $270,000 | $3,099 | 3.99% |
| EL CENTRO, CA (FHA|USDA|VA) | 3 | $525,000 | $175,000 | $3,864 | 2.79% |
| CHARLOTTESVILLE, VA (FHA|USDA|VA) | 1 | $515,000 | $515,000 | $3,708 | 3.50% |
| Ukiah, CA (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $6,874 | 3.19% |
| GAINESVILLE, FL (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $7,581 | 3.44% |
| Hailey, ID (FHA|USDA|VA) | 1 | $445,000 | $445,000 | $3,080 | 3.25% |
| KENNEWICK-RICHLAND, WA (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $2,199 | 2.81% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 3 | $435,000 | $145,000 | $5,302 | 3.42% |
| Fernley, NV (FHA|USDA|VA) | 2 | $430,000 | $215,000 | $3,235 | 3.81% |
| Durango, CO (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $2,132 | 3.00% |
| Sevierville, TN (FHA|USDA|VA) | 2 | $410,000 | $205,000 | $1,780 | 3.50% |
| Gainesville, TX (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,222 | 3.63% |
| GREENVILLE-ANDERSON, SC (FHA|USDA|VA) | 2 | $390,000 | $195,000 | $3,636 | 2.69% |
| Aberdeen, WA (FHA|USDA|VA) | 1 | $385,000 | $385,000 | $1,337 | 3.13% |
| Eureka-Arcata, CA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $11,304 | 3.38% |
| WENATCHEE, WA (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $2,985 | 2.88% |
| Athens, TX (FHA|USDA|VA) | 1 | $365,000 | $365,000 | $4,837 | 3.38% |
| Nogales, AZ (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $7,128 | 2.63% |
| WINCHESTER, VA-WV (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $5,389 | 2.97% |
| Gardnerville Ranchos, NV (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $4,509 | 3.38% |
| ODESSA, TX (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $5,755 | 2.87% |
| Rockport, TX (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $4,976 | 2.99% |
| ASHEVILLE, NC (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $2,159 | 2.95% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $6,739 | 2.88% |
| BELLINGHAM, WA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $1,918 | 3.50% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $295,000 | $295,000 | $2,223 | 3.59% |
| WACO, TX (FHA|USDA|VA) | 3 | $295,000 | $98,333 | $5,223 | 5.54% |
| COLUMBUS, OH (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $3,804 | 3.00% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $7,988 | 3.13% |
| Corsicana, TX (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $10,150 | 3.38% |
| Port Angeles, WA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $6,143 | 3.63% |
| SAVANNAH, GA (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $5,265 | 4.13% |
| Pahrump, NV (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,996 | 4.00% |
| Red Wing, MN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,283 | 2.88% |
| KNOXVILLE, TN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $3,219 | 2.99% |
| OGDEN-CLEARFIELD, UT (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $6,763 | 2.88% |
| MOUNT VERNON-ANACORTES, WA (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $2,234 | 3.38% |
| Jefferson, GA (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $4,218 | 3.44% |
| HANFORD-CORCORAN, CA (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $4,708 | 3.13% |
| Blackfoot, ID (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $6,453 | 2.88% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 1 | $205,000 | $205,000 | $2,006 | 3.63% |
| YUMA, AZ (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $1,940 | 3.00% |
| Susanville, CA (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,727 | 2.88% |
| Payson, AZ (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $7,079 | 3.63% |
| Traverse City, MI (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $5,414 | 3.50% |
| WARNER ROBINS, GA (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $2,383 | 2.99% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,418 | 3.38% |
| AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,277 | 3.38% |
| SPARTANBURG, SC (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,606 | 4.00% |
| LaGrange, GA-AL (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $9,694 | 2.75% |
| Ellensburg, WA (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $1,239 | 3.50% |
| Palestine, TX (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $2,444 | 3.50% |
| El Campo, TX (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $6,687 | 3.13% |
| Show Low, AZ (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $1,969 | 3.38% |
| Outside of Metro Areas | 1 | $145,000 | $145,000 | $4,120 | 3.38% |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $5,214 | 2.75% |
| Tullahoma-Manchester, TN (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $3,630 | 3.88% |
| VICTORIA, TX (FHA|USDA|VA) | 1 | $135,000 | $135,000 | $1,816 | 2.88% |
| SUMTER, SC (FHA|USDA|VA) | 1 | $125,000 | $125,000 | $1,863 | 3.38% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 1 | $115,000 | $115,000 | $5,218 | 3.63% |
| HOMOSASSA SPRINGS, FL (FHA|USDA|VA) | 1 | $85,000 | $85,000 | $3,810 | 3.25% |
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.
Similarity Rank: 144
Similarity Rank: 168
Similarity Rank: 330
Similarity Rank: 345
Similarity Rank: 372
Similarity Rank: 378
Similarity Rank: 384
Similarity Rank: 430
Similarity Rank: 434
Similarity Rank: 486
Product Mix
For 2020, Jmac Lending's most frequently originated type of loan was Conventional, with 7,841 originations. Their 2nd most popular type was FHA, with 130 originations.
Loan Reason
For 2020, Jmac Lending's most frequently cited loan purpose was Refi, with 4,569 originations. The 2nd most popular reason was Cash Out Refi, with 1,810 originations.
Loan Duration/Length
For 2020, Jmac Lending's most frequently cited loan duration was 30 Year, with 6,878 originations. The 2nd most popular length was 15 Year, with 701 originations.
Origination Fees/Closing Costs
Jmac Lending's average total fees were $5,073, while their most frequently occuring range of origination fees (closing costs) were in the $<1k bucket, with 3,922 originations.
Interest Rates
During 2020, Jmac Lending's average interest rate for loans was 3.26%, while their most frequently originated rate bucket for loans was 3-4%, with 4,321 originations.
Loan Sizing
2020 saw Jmac Lending place emphasis on $200k-400k loans with 3,825 originations, totaling $1,161,125,000 in origination value.
Applicant Income
Jmac Lending lent most frequently to those with incomes in the $100k-150k range, with 2,430 originations. The second most popular income band? $150k-250k, with 1,959 originations.
Applicant Debt to Income Ratio
Jmac Lending lent most frequently to those with DTI ratios of 20-30%, with 1,793 originations. The next most common DTI ratio? 30-36%, with 1,599 originations.
Ethnicity Mix
Approval Rates
Total approvals of all applications83.30%
Jmac Lending has a below average approval rate.
Pick Rate
Approvals leading to origination68.45%
Jmac Lending 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 | 8,022 | $3,183,980,000 | $396,906 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Single Family (1-4 Units):Manufactured | 1 | $255,000 | $255,000 |
| Single Family (1-4 Units):Site-Built | 8,021 | $3,183,725,000 | $396,924 |
LTV Distribution
Complaints
| Bank Name | Product | Issue | 2020 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| JMAC LENDING INCORPORATED | Conventional home mortgage | Applying for a mortgage or refinancing an existing mortgage | 2 | 66.7% |
| JMAC LENDING INCORPORATED | Conventional home mortgage | Closing on a mortgage | 1 | 33.3% |