Parkside Lending Mortgage Rates, Fees & Info

Sacramento, CA

LEI: 5493009DTDMV4MI5MT96

Tax ID: 37-1493496

2020 Data | 2019 Data | 2018 Data


Overview

Parkside Lending is a mid-sized mortgage company specializing in Refi, Home Purchase, and Cash Out Refi loans. Parkside 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 include Los Angeles, New York, Anaheim, Milwaukee, and Oakland among others. They have an above average approval rate for mortages when compared nationally -- and they have a below average pick rate when compared to the same sample of other lendors. Parkside Lending is typically an average fee lendor.


Originations

17,820

Origination Dollar Volume (All Markets)

$5,749,720,000

Relative Rate

Parkside Lending 's average 30 year fixed rate mortgage was 3.41%.

The 2020 average 30 year fixed rate mortgage across all markets was 3.36%.

This yields a difference of 0.05%.

Relative Fees

Parkside Lending 's average total fees for a 30 year fixed rate mortgage are $5,720.

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 $5,021.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 16,301 $5,383,835,000 $330,276 $5,250 3.24%
FHA 926 $222,690,000 $240,486 $8,356 3.73%
VA 385 $113,985,000 $296,065 $5,438 3.43%
USDA 208 $29,210,000 $140,433 $4,302 3.61%

For the 2020 period, Parkside Lending 's most frequently originated loan type was Conventional, with 16,301 originations. Their 2nd most popular type is FHA, with 926 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Refi 8,107 $2,672,795,000 $329,690 $4,483 3.11%
Home Purchase 5,006 $1,481,040,000 $295,853 $6,383 3.46%
Cash Out Refi 4,707 $1,595,885,000 $339,045 $5,949 3.36%

For the 2020, Parkside Lending 's most frequently cited loan purpose was Refi, with 8,107 originations. The 2nd most popular reason was Home Purchase, with 5,006 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
30 Year 14,536 $4,835,830,000 $332,680 $5,720 3.37%
15 Year 2,028 $551,780,000 $272,081 $4,017 2.74%
20 Year 811 $247,035,000 $304,605 $4,196 3.03%
Other 230 $77,290,000 $336,043 $4,604 3.12%
10 Year 205 $35,075,000 $171,098 $2,523 2.71%
5 Year 6 $30,000 $5,000 $0 0.00%
30+ year 4 $2,680,000 $670,000 $8,235 4.84%

For the 2020, Parkside Lending 's most frequently cited loan length was 30 Year, with 14,536 originations. The 2nd most popular length was 15 Year, with 2,028 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$1k-2k 7,438 $2,353,110,000 $316,363
$5k+ 3,499 $1,475,875,000 $421,799
$3k-4k 2,647 $770,225,000 $290,980
$<1k 2,500 $693,380,000 $277,352
$2k-3k 1,734 $456,540,000 $263,287

$5,720 was Parkside Lending 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 7,438 originations.

Top Markets

Market Originations Total Value Average Loan Average Fees Average Rate
LOS ANGELES-LONG BEACH-GLENDALE, CA 1,158 $477,940,000 $412,729 $4,763 3.17%
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 908 $421,990,000 $464,747 $12,655 3.45%
ANAHEIM-SANTA ANA-IRVINE, CA 897 $376,505,000 $419,738 $4,513 3.06%
MILWAUKEE-WAUKESHA, WI 1,446 $343,980,000 $237,884 $3,395 3.13%
OAKLAND-BERKELEY-LIVERMORE, CA 662 $296,160,000 $447,372 $4,825 3.22%
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 565 $258,785,000 $458,027 $4,253 3.13%
GREEN BAY, WI 1,255 $228,215,000 $181,845 $3,486 3.14%
CHICAGO-NAPERVILLE-EVANSTON, IL 897 $225,775,000 $251,700 $4,580 3.61%
Outside of Metro Areas 1,026 $219,130,000 $213,577 $4,184 3.35%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 493 $171,935,000 $348,753 $4,707 3.28%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA 410 $167,020,000 $407,366 $4,617 3.18%
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 486 $159,950,000 $329,115 $10,266 3.52%
SANTA ROSA-PETALUMA, CA 341 $137,655,000 $403,680 $6,338 3.17%
NASSAU COUNTY-SUFFOLK COUNTY, NY 313 $124,285,000 $397,077 $8,832 3.16%
SACRAMENTO-ROSEVILLE-FOLSOM, CA 349 $123,975,000 $355,229 $5,455 3.26%
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 293 $106,725,000 $364,249 $6,388 3.28%
PHOENIX-MESA-CHANDLER, AZ 324 $96,460,000 $297,716 $5,054 3.37%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 198 $86,440,000 $436,566 $3,481 3.09%
FRESNO, CA 293 $78,125,000 $266,638 $5,616 3.28%
DENVER-AURORA-LAKEWOOD, CO 210 $73,960,000 $352,190 $5,088 3.11%
TAMPA-ST. PETERSBURG-CLEARWATER, FL 282 $69,500,000 $246,454 $5,487 3.54%
SAN LUIS OBISPO-PASO ROBLES, CA 174 $67,250,000 $386,494 $5,487 3.22%
SEATTLE-BELLEVUE-KENT, WA 161 $65,335,000 $405,807 $3,934 3.29%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 163 $56,175,000 $344,632 $7,495 3.25%
NEW BRUNSWICK-LAKEWOOD, NJ 141 $50,535,000 $358,404 $8,705 3.38%
OXNARD-THOUSAND OAKS-VENTURA, CA 117 $50,395,000 $430,726 $5,156 3.19%
SANTA MARIA-SANTA BARBARA, CA 121 $49,235,000 $406,901 $4,533 3.25%
BALTIMORE-COLUMBIA-TOWSON, MD 159 $49,225,000 $309,591 $5,912 3.22%
SALT LAKE CITY, UT 141 $45,985,000 $326,135 $5,457 3.19%
FORT LAUDERDALE-POMPANO BEACH-SUNRISE, FL 145 $43,505,000 $300,034 $7,294 3.29%
LAKE COUNTY-KENOSHA COUNTY, IL-WI 164 $42,820,000 $261,098 $3,909 3.50%
NAPA, CA 79 $38,515,000 $487,532 $8,192 3.23%
VALLEJO, CA 103 $38,225,000 $371,117 $5,939 3.34%
MIAMI-MIAMI BEACH-KENDALL, FL 111 $35,955,000 $323,919 $8,845 3.36%
NEWARK, NJ-PA 109 $32,585,000 $298,945 $10,198 3.91%
APPLETON, WI 166 $31,710,000 $191,024 $3,364 3.24%
MADISON, WI 130 $31,640,000 $243,385 $3,204 3.14%
STOCKTON, CA 83 $30,085,000 $362,470 $5,283 3.22%
LOGAN, UT-ID 106 $27,710,000 $261,415 $4,796 3.23%
BAKERSFIELD, CA 107 $27,615,000 $258,084 $5,994 3.31%
HARTFORD-EAST HARTFORD-MIDDLETOWN, CT 111 $27,605,000 $248,694 $5,514 3.26%
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 97 $26,675,000 $275,000 $6,227 3.39%
OGDEN-CLEARFIELD, UT 88 $26,250,000 $298,295 $5,097 3.20%
ORLANDO-KISSIMMEE-SANFORD, FL 88 $24,470,000 $278,068 $6,249 3.42%
RACINE, WI 106 $24,330,000 $229,528 $3,078 3.22%
PROVO-OREM, UT 74 $23,960,000 $323,784 $5,494 3.27%
ELGIN, IL 110 $23,820,000 $216,545 $4,599 3.72%
BOISE CITY, ID 67 $22,275,000 $332,463 $4,714 3.13%
FREDERICK-GAITHERSBURG-ROCKVILLE, MD 62 $21,340,000 $344,194 $6,817 3.28%
SANTA CRUZ-WATSONVILLE, CA 45 $21,335,000 $474,111 $4,469 3.02%
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 54 $20,120,000 $372,593 $7,149 3.32%
SAN RAFAEL, CA 42 $19,290,000 $459,286 $5,926 3.10%
AUSTIN-ROUND ROCK-GEORGETOWN, TX 57 $18,395,000 $322,719 $5,785 3.24%
ROCHESTER, NY 101 $18,105,000 $179,257 $5,623 3.35%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA 54 $16,640,000 $308,148 $5,186 3.14%
BRIDGEPORT-STAMFORD-NORWALK, CT 50 $16,490,000 $329,800 $5,637 3.43%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 58 $14,680,000 $253,103 $4,394 3.21%
NORTH PORT-SARASOTA-BRADENTON, FL 42 $13,870,000 $330,238 $5,704 3.23%
JACKSONVILLE, FL 44 $12,590,000 $286,136 $7,604 3.31%
OLYMPIA-LACEY-TUMWATER, WA 31 $10,415,000 $335,968 $3,516 3.21%
BOSTON, MA 25 $10,175,000 $407,000 $5,830 3.37%
RALEIGH-CARY, NC 35 $9,905,000 $283,000 $2,272 2.94%
MADERA, CA 34 $8,750,000 $257,353 $5,152 3.28%
FARGO, ND-MN 36 $8,630,000 $239,722 $4,536 3.13%
SHEBOYGAN, WI 39 $7,735,000 $198,333 $3,522 3.35%
MODESTO, CA 28 $7,700,000 $275,000 $4,957 3.29%
OSHKOSH-NEENAH, WI 41 $7,645,000 $186,463 $3,902 3.24%
PORT ST. LUCIE, FL 35 $7,495,000 $214,143 $5,883 3.61%
NEW HAVEN-MILFORD, CT 25 $7,165,000 $286,600 $6,463 3.58%
EAU CLAIRE, WI 40 $7,060,000 $176,500 $3,834 3.38%
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 21 $6,765,000 $322,143 $7,211 3.42%
DALLAS-PLANO-IRVING, TX 19 $6,565,000 $345,526 $5,021 3.40%
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 26 $6,460,000 $248,462 $3,943 3.07%
SALEM, OR 21 $6,355,000 $302,619 $6,817 3.32%
BOULDER, CO 17 $6,315,000 $371,471 $4,775 3.12%
SALINAS, CA 17 $6,165,000 $362,647 $3,616 3.04%
LA CROSSE-ONALASKA, WI-MN 31 $6,105,000 $196,935 $3,981 3.41%
FOND DU LAC, WI 24 $5,950,000 $247,917 $3,027 3.21%
VISALIA, CA 25 $5,845,000 $233,800 $4,508 3.52%
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 16 $4,920,000 $307,500 $8,213 3.05%
GREELEY, CO 15 $4,875,000 $325,000 $4,779 3.19%
TACOMA-LAKEWOOD, WA 12 $4,460,000 $371,667 $4,758 3.41%
WAUSAU-WESTON, WI 21 $4,265,000 $203,095 $2,609 3.22%
ST. GEORGE, UT 10 $3,550,000 $355,000 $6,557 3.19%
NAPLES-MARCO ISLAND, FL 10 $3,540,000 $354,000 $8,306 3.36%
HOMOSASSA SPRINGS, FL 24 $3,440,000 $143,333 $4,551 3.94%
RICHMOND, VA 13 $3,275,000 $251,923 $2,991 3.12%
DETROIT-DEARBORN-LIVONIA, MI 17 $3,265,000 $192,059 $3,471 3.56%
SALISBURY, MD-DE 9 $3,255,000 $361,667 $6,325 3.11%
CAPE CORAL-FORT MYERS, FL 12 $3,170,000 $264,167 $6,206 4.16%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 13 $3,125,000 $240,385 $7,427 3.64%
SEBASTIAN-VERO BEACH, FL 19 $3,105,000 $163,421 $3,431 3.62%
BEND, OR 9 $2,985,000 $331,667 $7,130 3.32%
COLORADO SPRINGS, CO 9 $2,985,000 $331,667 $5,965 3.21%
GARY, IN 13 $2,915,000 $224,231 $5,304 4.19%
MANCHESTER-NASHUA, NH 10 $2,740,000 $274,000 $5,458 3.76%
CHARLOTTE-CONCORD-GASTONIA, NC-SC 9 $2,735,000 $303,889 $4,718 3.33%
LAKELAND-WINTER HAVEN, FL 15 $2,675,000 $178,333 $5,860 4.10%
WARREN-TROY-FARMINGTON HILLS, MI 14 $2,590,000 $185,000 $3,965 3.36%
FORT WORTH-ARLINGTON-GRAPEVINE, TX 8 $2,510,000 $313,750 $4,586 3.37%
WORCESTER, MA-CT 8 $2,510,000 $313,750 $4,778 3.41%
JANESVILLE-BELOIT, WI 13 $2,425,000 $186,538 $3,371 3.34%
FORT COLLINS, CO 6 $2,290,000 $381,667 $4,164 3.00%
BREMERTON-SILVERDALE-PORT ORCHARD, WA 6 $2,150,000 $358,333 $3,500 3.42%
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 5 $2,135,000 $427,000 $6,937 3.88%
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 6 $2,110,000 $351,667 $6,343 3.67%
MERCED, CA 7 $2,105,000 $300,714 $5,728 3.02%
SAN ANTONIO-NEW BRAUNFELS, TX 10 $2,100,000 $210,000 $5,908 3.63%
PROVIDENCE-WARWICK, RI-MA 7 $2,075,000 $296,429 $6,529 3.45%
BUFFALO-CHEEKTOWAGA, NY 8 $1,910,000 $238,750 $6,152 3.17%
CHICO, CA 6 $1,870,000 $311,667 $4,030 3.58%
LOUISVILLE/JEFFERSON COUNTY, KY-IN 6 $1,850,000 $308,333 $2,654 3.13%
KENNEWICK-RICHLAND, WA 6 $1,820,000 $303,333 $5,282 3.17%
COEUR D'ALENE, ID 4 $1,640,000 $410,000 $8,085 3.06%
PRESCOTT VALLEY-PRESCOTT, AZ 4 $1,550,000 $387,500 $4,802 3.31%
RENO, NV 5 $1,475,000 $295,000 $7,871 3.98%
HANFORD-CORCORAN, CA 9 $1,465,000 $162,778 $4,759 2.94%
CORPUS CHRISTI, TX 4 $1,370,000 $342,500 $3,762 2.97%
BARNSTABLE TOWN, MA 3 $1,365,000 $455,000 $5,398 3.38%
YUBA CITY, CA 5 $1,345,000 $269,000 $4,198 3.10%
KINGSTON, NY 5 $1,345,000 $269,000 $5,238 3.73%
TRENTON-PRINCETON, NJ 15 $1,315,000 $87,667 $5,356 4.43%
REDDING, CA 5 $1,255,000 $251,000 $5,283 3.50%
CAMDEN, NJ 7 $1,235,000 $176,429 $6,250 3.63%
BATON ROUGE, LA 5 $1,235,000 $247,000 $7,436 3.40%
PUNTA GORDA, FL 6 $1,230,000 $205,000 $5,202 3.27%
TUCSON, AZ 6 $1,220,000 $203,333 $4,500 3.35%
PALM BAY-MELBOURNE-TITUSVILLE, FL 6 $1,170,000 $195,000 $4,484 3.65%
PHILADELPHIA, PA 5 $1,165,000 $233,000 $7,301 3.80%
IDAHO FALLS, ID 3 $1,165,000 $388,333 $6,547 3.25%
ST. LOUIS, MO-IL 4 $960,000 $240,000 $2,926 3.47%
INDIANAPOLIS-CARMEL-ANDERSON, IN 3 $795,000 $265,000 $3,891 3.33%
CHARLESTON-NORTH CHARLESTON, SC 1 $785,000 $785,000 $3,603 3.88%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 2 $780,000 $390,000 $13,933 3.38%
BIRMINGHAM-HOOVER, AL 4 $780,000 $195,000 $5,216 4.00%
ROCKFORD, IL 5 $765,000 $153,000 $3,877 3.78%
NORWICH-NEW LONDON, CT 3 $705,000 $235,000 $4,496 3.25%
TALLAHASSEE, FL 3 $695,000 $231,667 $6,624 3.33%
DURHAM-CHAPEL HILL, NC 3 $685,000 $228,333 $1,792 3.13%
SPOKANE-SPOKANE VALLEY, WA 3 $665,000 $221,667 $3,041 3.21%
ALBANY-LEBANON, OR 2 $640,000 $320,000 $9,541 3.38%
GRAND RAPIDS-KENTWOOD, MI 2 $580,000 $290,000 $3,672 3.00%
MOUNT VERNON-ANACORTES, WA 2 $580,000 $290,000 $2,709 3.31%
COLUMBIA, SC 2 $550,000 $275,000 $2,603 2.81%
KANKAKEE, IL 3 $535,000 $178,333 $3,417 3.83%
SYRACUSE, NY 4 $520,000 $130,000 $6,758 3.41%
TYLER, TX 3 $515,000 $171,667 $3,347 3.67%
ALBANY-SCHENECTADY-TROY, NY 2 $510,000 $255,000 $6,617 3.06%
CORVALLIS, OR 2 $500,000 $250,000 $5,115 2.75%
HARRISONBURG, VA 4 $490,000 $122,500 $2,301 3.16%
WINCHESTER, VA-WV 2 $480,000 $240,000 $2,519 3.25%
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 3 $475,000 $158,333 $4,894 4.00%
DALTON, GA 2 $460,000 $230,000 $3,050 3.68%
WILMINGTON, DE-MD-NJ 2 $450,000 $225,000 $4,830 2.56%
HILTON HEAD ISLAND-BLUFFTON, SC 1 $445,000 $445,000 $15,031 2.25%
OCEAN CITY, NJ 1 $415,000 $415,000 $5,309 3.50%
KANSAS CITY, MO-KS 2 $410,000 $205,000 $1,599 3.38%
CHATTANOOGA, TN-GA 3 $405,000 $135,000 $4,620 4.17%
UTICA-ROME, NY 5 $395,000 $79,000 $3,059 3.78%
POCATELLO, ID 1 $395,000 $395,000 $4,280 2.88%
LAKE HAVASU CITY-KINGMAN, AZ 2 $390,000 $195,000 $3,458 2.94%
GAINESVILLE, GA 2 $380,000 $190,000 $3,452 4.06%
YORK-HANOVER, PA 2 $370,000 $185,000 $6,193 3.94%
TWIN FALLS, ID 2 $370,000 $185,000 $4,238 2.81%
CLEVELAND-ELYRIA, OH 2 $360,000 $180,000 $5,744 4.69%
KILLEEN-TEMPLE, TX 1 $355,000 $355,000 $4,334 3.88%
BELLINGHAM, WA 1 $335,000 $335,000 $2,083 3.00%
WENATCHEE, WA 1 $325,000 $325,000 $3,139 2.75%
GLENS FALLS, NY 1 $325,000 $325,000 $2,326 3.38%
FLAGSTAFF, AZ 1 $325,000 $325,000 $9,992 2.99%
ROCHESTER, MN 1 $315,000 $315,000 $2,840 2.75%
PANAMA CITY, FL 2 $310,000 $155,000 $5,311 3.38%
TULSA, OK 1 $305,000 $305,000 $19,568 2.50%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 1 $305,000 $305,000 $3,793 3.75%
VINELAND-BRIDGETON, NJ 2 $290,000 $145,000 $5,122 4.44%
WICHITA, KS 2 $290,000 $145,000 $1,968 4.06%
ST. CLOUD, MN 1 $275,000 $275,000 $5,012 3.38%
MACON-BIBB COUNTY, GA 1 $265,000 $265,000 $5,863 3.00%
GRANTS PASS, OR 1 $265,000 $265,000 $4,250 2.99%
LAS VEGAS-HENDERSON-PARADISE, NV 1 $265,000 $265,000 $6,026 3.75%
NEW ORLEANS-METAIRIE, LA 1 $255,000 $255,000 $4,052 2.88%
CHARLOTTESVILLE, VA 1 $255,000 $255,000 $7,735 3.38%
MEMPHIS, TN-MS-AR 3 $245,000 $81,667 $3,710 3.79%
WARNER ROBINS, GA 2 $240,000 $120,000 $5,438 4.06%
MEDFORD, OR 1 $235,000 $235,000 $7,126 3.13%
SPRINGFIELD, MA 1 $235,000 $235,000 $1,785 3.38%
COLLEGE STATION-BRYAN, TX 1 $225,000 $225,000 $1,449 3.25%
READING, PA 1 $225,000 $225,000 $7,339 3.00%
CLARKSVILLE, TN-KY 1 $215,000 $215,000 $2,509 2.25%
KNOXVILLE, TN 1 $215,000 $215,000 $3,442 4.13%
MUSKEGON, MI 1 $205,000 $205,000 $2,282 3.13%
CAPE GIRARDEAU, MO-IL 1 $205,000 $205,000 $2,347 3.13%
ELIZABETHTOWN-FORT KNOX, KY 1 $185,000 $185,000 $2,126 3.25%
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 1 $185,000 $185,000 $2,456 3.25%
SCRANTON--WILKES-BARRE, PA 2 $180,000 $90,000 $4,849 3.38%
OCALA, FL 1 $175,000 $175,000 $7,290 4.75%
GREENSBORO-HIGH POINT, NC 1 $165,000 $165,000 $1,678 2.88%
OKLAHOMA CITY, OK 1 $155,000 $155,000 $4,730 2.88%
TEXARKANA, TX-AR 1 $155,000 $155,000 $5,064 4.00%
JACKSON, MS 1 $155,000 $155,000 $5,947 3.63%
DECATUR, IL 1 $155,000 $155,000 $1,826 3.63%
HATTIESBURG, MS 1 $155,000 $155,000 $5,228 3.63%
FAYETTEVILLE, NC 1 $155,000 $155,000 $2,505 2.50%
ITHACA, NY 1 $145,000 $145,000 $3,617 3.50%
JACKSON, MI 1 $135,000 $135,000 $2,204 2.50%
GAINESVILLE, FL 1 $135,000 $135,000 $4,205 2.88%
COLUMBUS, OH 1 $135,000 $135,000 $5,333 3.63%
SEBRING-AVON PARK, FL 1 $125,000 $125,000 $2,366 4.88%
FLINT, MI 1 $115,000 $115,000 $2,677 4.88%
MONROE, MI 1 $105,000 $105,000 $1,825 3.13%
LANSING-EAST LANSING, MI 1 $95,000 $95,000 $3,932 4.75%
CINCINNATI, OH-KY-IN 1 $95,000 $95,000 $2,955 3.25%
ALBUQUERQUE, NM 1 $95,000 $95,000 $4,003 2.63%
ROANOKE, VA 1 $95,000 $95,000 $7,837 3.13%
HOUMA-THIBODAUX, LA 1 $95,000 $95,000 $4,604 3.38%
MICHIGAN CITY-LA PORTE, IN 1 $85,000 $85,000 $2,905 4.88%

Parkside Lending 's top markets include Los Angeles, New York, Anaheim, Milwaukee, and Oakland among others.

Interest Rates

Loan Rate Originations Total Value Average Loan
3-4% 9,327 $3,017,805,000 $323,556
2.5-3% 5,862 $1,955,430,000 $333,577
<2.5% 1,228 $370,540,000 $301,743
4-5% 1,209 $351,205,000 $290,492
5-6% 188 $52,770,000 $280,691
7-8% 4 $1,370,000 $342,500
6-7% 2 $600,000 $300,000

During 2020, Parkside Lending 's average interest rate was 3.41%, while their most frequently originated rate bucket was 3-4%, with 9,327 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$200k-400k 8,190 $2,435,960,000 $297,431 $5,222 3.25%
$400k-600k 4,754 $2,244,330,000 $472,093 $6,343 3.19%
$100k-200k 3,608 $557,920,000 $154,634 $3,818 3.36%
$100,000 or less 625 $44,305,000 $70,888 $2,811 3.57%
$600k-1MM 617 $432,635,000 $701,191 $11,817 3.47%
$1MM+ 26 $34,570,000 $1,329,615 $21,459 4.31%

2020 saw Parkside Lending place emphasis on $200k-400k loans with 8,190 originations, totaling $2,435,960,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$100k-150k 4,724 $1,670,510,000 $353,622 $5,488 3.24%
$150k-250k 3,461 $1,402,265,000 $405,162 $5,796 3.20%
$50k-75k 3,278 $769,350,000 $234,701 $4,906 3.33%
$75k-100k 3,229 $982,945,000 $304,412 $5,344 3.28%
$50k or less 1,793 $321,955,000 $179,562 $4,451 3.43%
$250k+ 1,332 $602,240,000 $452,132 $6,748 3.25%

Parkside Lending lent most frequently to those with incomes in the $100k-150k range, with 4,724 originations. The second most popular income band? $150k-250k, with 3,461 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
20-30% 4,062 $1,272,670,000 $313,311 $4,656 3.16%
30-36% 3,354 $1,078,270,000 $321,488 $5,126 3.25%
<20% 1,506 $460,110,000 $305,518 $4,601 3.07%
44% 757 $256,105,000 $338,316 $6,270 3.43%
42% 723 $245,065,000 $338,956 $6,021 3.38%
43% 679 $225,445,000 $332,025 $5,793 3.36%
41% 653 $217,885,000 $333,668 $5,638 3.38%
36% 627 $201,955,000 $322,097 $5,241 3.28%
40% 612 $202,320,000 $330,588 $5,747 3.39%
38% 597 $191,185,000 $320,243 $5,378 3.30%
37% 597 $189,255,000 $317,010 $5,544 3.32%
39% 588 $194,590,000 $330,935 $5,718 3.35%
49% 548 $188,790,000 $344,507 $6,608 3.36%
47% 485 $171,295,000 $353,186 $6,787 3.36%
45% 479 $160,555,000 $335,188 $6,221 3.36%
48% 478 $168,240,000 $351,967 $5,993 3.33%
46% 446 $153,370,000 $343,879 $6,389 3.40%
50-60% 346 $95,120,000 $274,913 $8,685 3.67%
>60% 17 $4,665,000 $274,412 $7,338 3.58%

Parkside Lending lent most frequently to those with DTI ratios of 20-30%, with 4,062 originations. The next most common DTI ratio? 30-36%, with 3,354 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 13,541 $4,283,455,000 $316,332 $5,468 3.28%
Not provided 2,022 $661,760,000 $327,280 $5,274 3.24%
Asian 1,670 $618,110,000 $370,126 $4,638 3.19%
Black 500 $156,630,000 $313,260 $6,850 3.55%
Native Hawaiian 44 $16,450,000 $373,864 $5,144 3.34%
American Indian 39 $11,505,000 $295,000 $4,286 3.50%
Vietnamese 2 $1,010,000 $505,000 $7,887 4.38%
Chinese 1 $435,000 $435,000 $6,762 3.50%
Japanese 1 $365,000 $365,000 $7,594 3.63%

Approval Rates

Total approvals of all applications
92.85%

Parkside Lending has an average approval rate.

Pick Rate

Approvals leading to origination
73.60%

Parkside Lending has a below average pick rate.

Points and Fees

Points Originations Total Value Average Loan
NA 17,820 $5,749,720,000 $322,655

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
Multifamily:Site-Built 1 $265,000 $265,000
Single Family (1-4 Units):Manufactured 69 $11,545,000 $167,319
Single Family (1-4 Units):Site-Built 17,750 $5,737,910,000 $323,263

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 1,261 $394,625,000 $312,946 $4,323 3.06%
40-60% 3,846 $1,371,010,000 $356,477 $4,581 3.07%
60-80% 7,439 $2,470,525,000 $332,104 $5,799 3.32%
80-100% 4,976 $1,451,650,000 $291,730 $5,765 3.43%
Over 100% 80 $23,130,000 $289,125 $9,842 3.53%
Under 20% 212 $35,940,000 $169,528 $2,732 2.89%