Mortgage Financial Services Rates, Fees & Info
BATON ROUGE, LALEI: 5493009F6BJDCZMZ7Y26
Tax ID: 20-8468035
2021 Data | 2020 Data | 2019 Data | 2018 Data
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Mortgage Data
Overview
Mortgage Financial Services is a small mortgage company specializing in Home Purchase and Refi loans. Mortgage Financial Services 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 include Dallas, San Antonio, Houston, Little Rock, and San Angelo among others. Mortgage Financial Services has an above average approval rate for mortages when compared nationally. They have an average pick rate when compared to the same sample of other lendors. Mortgage Financial Services is typically a high fee lendor.Originations
6,941Origination Dollar Volume (All Markets)
$1,650,315,000Awards
MORTGAGE FINANCIAL SERVICES - 2021
MORTGAGE FINANCIAL SERVICES is a 2021 , due to their low .
For 2021, less than of lenders were eligible for this award.
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Relative Rate
Mortgage Financial Services 's average 30 year fixed rate mortgage of loans were
3.1%.
The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.
This yields a difference of -0.05%.
Relative Fees
Mortgage Financial Services 's average total fees for a 30 year fixed rate
mortgage are $6,440.
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 |
|---|---|---|---|---|---|
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 1,482 | $430,800,000 | $290,688 | $6,748 | 3.06% |
| SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) | 638 | $178,370,000 | $279,577 | $7,166 | 3.01% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 592 | $157,140,000 | $265,439 | $6,476 | 3.01% |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) | 596 | $106,030,000 | $177,903 | $5,086 | 3.17% |
| SAN ANGELO, TX (FHA|USDA|VA) | 421 | $97,835,000 | $232,387 | $5,882 | 2.94% |
| TYLER, TX (FHA|USDA|VA) | 369 | $80,775,000 | $218,902 | $7,609 | 2.99% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 208 | $67,860,000 | $326,250 | $6,085 | 2.89% |
| LAREDO, TX (FHA|USDA|VA) | 278 | $62,540,000 | $224,964 | $7,414 | 2.92% |
| TEXARKANA, TX-AR (FHA|USDA|VA) | 288 | $53,990,000 | $187,465 | $5,443 | 3.00% |
| Outside of Metro Areas | 283 | $52,225,000 | $184,541 | $5,667 | 3.12% |
| BATON ROUGE, LA (FHA|USDA|VA) | 192 | $42,150,000 | $219,531 | $6,261 | 3.00% |
| ABILENE, TX (FHA|USDA|VA) | 186 | $41,440,000 | $222,796 | $4,971 | 3.03% |
| PINE BLUFF, AR (FHA|USDA|VA) | 199 | $30,805,000 | $154,799 | $5,004 | 3.17% |
| LAFAYETTE, LA (FHA|USDA|VA) | 147 | $29,155,000 | $198,333 | $5,748 | 3.19% |
| LONGVIEW, TX (FHA|USDA|VA) | 127 | $26,905,000 | $211,850 | $6,706 | 3.16% |
| LAKE CHARLES, LA (FHA|USDA|VA) | 101 | $20,715,000 | $205,099 | $6,825 | 3.22% |
| Searcy, AR (FHA|USDA|VA) | 114 | $19,900,000 | $174,561 | $4,848 | 3.04% |
| NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) | 57 | $13,385,000 | $234,825 | $5,795 | 3.02% |
| MEMPHIS, TN-MS-AR (FHA|USDA|VA) | 61 | $12,755,000 | $209,098 | $5,010 | 3.15% |
| EL PASO, TX (FHA|USDA|VA) | 64 | $11,890,000 | $185,781 | $5,232 | 2.96% |
| CORPUS CHRISTI, TX (FHA|USDA|VA) | 26 | $6,850,000 | $263,462 | $6,115 | 3.18% |
| Athens, TX (FHA|USDA|VA) | 34 | $6,490,000 | $190,882 | $6,158 | 2.95% |
| DeRidder, LA (FHA|USDA|VA) | 25 | $5,575,000 | $223,000 | $4,647 | 3.17% |
| Opelousas, LA (FHA|USDA|VA) | 36 | $4,940,000 | $137,222 | $5,066 | 3.22% |
| BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) | 28 | $4,870,000 | $173,929 | $6,779 | 2.82% |
| SHERMAN-DENISON, TX (FHA|USDA|VA) | 19 | $4,335,000 | $228,158 | $6,904 | 3.03% |
| Gainesville, TX (FHA|USDA|VA) | 16 | $4,090,000 | $255,625 | $6,390 | 2.93% |
| Jacksonville, TX (FHA|USDA|VA) | 18 | $4,010,000 | $222,778 | $8,705 | 2.96% |
| Fort Polk South, LA (FHA|USDA|VA) | 19 | $3,715,000 | $195,526 | $4,600 | 3.03% |
| KNOXVILLE, TN (FHA|USDA|VA) | 13 | $3,185,000 | $245,000 | $2,005 | 2.99% |
| Granbury, TX (FHA|USDA|VA) | 10 | $3,120,000 | $312,000 | $6,251 | 3.39% |
| Jennings, LA (FHA|USDA|VA) | 17 | $2,915,000 | $171,471 | $5,468 | 3.22% |
| LUBBOCK, TX (FHA|USDA|VA) | 15 | $2,685,000 | $179,000 | $4,298 | 2.88% |
| HAMMOND, LA (FHA|USDA|VA) | 14 | $2,490,000 | $177,857 | $4,475 | 3.09% |
| ALEXANDRIA, LA (FHA|USDA|VA) | 13 | $2,485,000 | $191,154 | $5,104 | 3.03% |
| SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) | 12 | $2,330,000 | $194,167 | $5,274 | 3.08% |
| MIDLAND, TX (FHA|USDA|VA) | 8 | $2,310,000 | $288,750 | $6,187 | 3.13% |
| COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) | 9 | $2,105,000 | $233,889 | $4,629 | 2.97% |
| BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) | 12 | $2,050,000 | $170,833 | $6,436 | 3.24% |
| KILLEEN-TEMPLE, TX (FHA|USDA|VA) | 9 | $1,995,000 | $221,667 | $6,545 | 3.17% |
| Nacogdoches, TX (FHA|USDA|VA) | 9 | $1,965,000 | $218,333 | $5,760 | 3.15% |
| OKLAHOMA CITY, OK (FHA|USDA|VA) | 9 | $1,925,000 | $213,889 | $3,895 | 2.87% |
| WACO, TX (FHA|USDA|VA) | 7 | $1,895,000 | $270,714 | $3,937 | 2.82% |
| MCALLEN-EDINBURG-MISSION, TX (FHA|USDA|VA) | 9 | $1,825,000 | $202,778 | $7,932 | 3.15% |
| Bonham, TX (FHA|USDA|VA) | 8 | $1,760,000 | $220,000 | $6,851 | 3.26% |
| HOT SPRINGS, AR (FHA|USDA|VA) | 7 | $1,665,000 | $237,857 | $4,304 | 3.16% |
| CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) | 2 | $1,620,000 | $810,000 | $10,307 | 3.25% |
| Mount Pleasant, TX (FHA|USDA|VA) | 6 | $1,430,000 | $238,333 | $6,540 | 3.27% |
| Palestine, TX (FHA|USDA|VA) | 7 | $1,295,000 | $185,000 | $7,315 | 2.95% |
| Fredericksburg, TX (FHA|USDA|VA) | 3 | $1,095,000 | $365,000 | $7,784 | 3.00% |
| WICHITA FALLS, TX (FHA|USDA|VA) | 6 | $1,050,000 | $175,000 | $5,324 | 3.00% |
| Sulphur Springs, TX (FHA|USDA|VA) | 5 | $1,025,000 | $205,000 | $5,678 | 3.15% |
| Paris, TX (FHA|USDA|VA) | 6 | $1,020,000 | $170,000 | $5,139 | 2.92% |
| El Campo, TX (FHA|USDA|VA) | 4 | $970,000 | $242,500 | $5,980 | 2.69% |
| TULSA, OK (FHA|USDA|VA) | 3 | $965,000 | $321,667 | $6,202 | 3.16% |
| Natchez, MS-LA (FHA|USDA|VA) | 7 | $915,000 | $130,714 | $6,077 | 3.27% |
| ODESSA, TX (FHA|USDA|VA) | 4 | $880,000 | $220,000 | $7,244 | 3.28% |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) | 2 | $860,000 | $430,000 | $2,985 | 2.44% |
| Port Lavaca, TX (FHA|USDA|VA) | 3 | $855,000 | $285,000 | $8,628 | 2.63% |
| MONROE, LA (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $6,736 | 2.81% |
| Kerrville, TX (FHA|USDA|VA) | 4 | $800,000 | $200,000 | $6,134 | 3.22% |
| Beeville, TX (FHA|USDA|VA) | 3 | $705,000 | $235,000 | $11,656 | 2.79% |
| Corsicana, TX (FHA|USDA|VA) | 3 | $685,000 | $228,333 | $3,772 | 3.14% |
| Mineral Wells, TX (FHA|USDA|VA) | 3 | $675,000 | $225,000 | $7,609 | 2.58% |
| PENSACOLA-FERRY PASS-BRENT, FL (FHA|USDA|VA) | 2 | $530,000 | $265,000 | $9,490 | 2.56% |
| AMARILLO, TX (FHA|USDA|VA) | 2 | $520,000 | $260,000 | $3,411 | 2.81% |
| NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) | 2 | $500,000 | $250,000 | $8,040 | 4.00% |
| Brenham, TX (FHA|USDA|VA) | 2 | $480,000 | $240,000 | $6,908 | 2.81% |
| Stephenville, TX (FHA|USDA|VA) | 2 | $440,000 | $220,000 | $3,429 | 3.00% |
| FORT SMITH, AR-OK (FHA|USDA|VA) | 2 | $420,000 | $210,000 | $3,850 | 3.00% |
| Rockport, TX (FHA|USDA|VA) | 1 | $415,000 | $415,000 | $8,740 | 2.63% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $405,000 | $405,000 | $3,468 | 2.99% |
| Helena-West Helena, AR (FHA|USDA|VA) | 3 | $395,000 | $131,667 | $3,114 | 2.88% |
| GULFPORT-BILOXI, MS (FHA|USDA|VA) | 1 | $395,000 | $395,000 | $6,482 | 2.63% |
| Snyder, TX (FHA|USDA|VA) | 1 | $375,000 | $375,000 | $4,133 | 3.38% |
| Sweetwater, TX (FHA|USDA|VA) | 2 | $370,000 | $185,000 | $5,942 | 3.04% |
| Arkadelphia, AR (FHA|USDA|VA) | 3 | $355,000 | $118,333 | $5,162 | 3.17% |
| ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) | 1 | $345,000 | $345,000 | $10,327 | 2.38% |
| Del Rio, TX (FHA|USDA|VA) | 1 | $335,000 | $335,000 | $12,561 | 2.75% |
| Hope, AR (FHA|USDA|VA) | 2 | $330,000 | $165,000 | $4,712 | 2.88% |
| Brownwood, TX (FHA|USDA|VA) | 2 | $320,000 | $160,000 | $5,067 | 3.56% |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) | 1 | $315,000 | $315,000 | $6,197 | 3.25% |
| Zapata, TX (FHA|USDA|VA) | 2 | $300,000 | $150,000 | $4,273 | 3.25% |
| VICTORIA, TX (FHA|USDA|VA) | 1 | $285,000 | $285,000 | $10,033 | 3.25% |
| Bay City, TX (FHA|USDA|VA) | 2 | $280,000 | $140,000 | $4,048 | 3.35% |
| Key West, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $3,663 | 2.25% |
| Arcadia, FL (FHA|USDA|VA) | 1 | $265,000 | $265,000 | $2,641 | 2.63% |
| Russellville, AR (FHA|USDA|VA) | 2 | $260,000 | $130,000 | $3,139 | 3.00% |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $5,227 | 4.13% |
| Batesville, AR (FHA|USDA|VA) | 1 | $255,000 | $255,000 | $8,857 | 3.25% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $245,000 | $245,000 | $3,407 | 2.99% |
| Paragould, AR (FHA|USDA|VA) | 2 | $240,000 | $120,000 | $2,801 | 3.25% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 1 | $235,000 | $235,000 | $3,966 | 3.00% |
| Malvern, AR (FHA|USDA|VA) | 2 | $230,000 | $115,000 | $4,108 | 3.31% |
| Natchitoches, LA (FHA|USDA|VA) | 1 | $225,000 | $225,000 | $9,127 | 2.75% |
| Lamesa, TX (FHA|USDA|VA) | 1 | $215,000 | $215,000 | $4,599 | 3.00% |
| Forrest City, AR (FHA|USDA|VA) | 2 | $210,000 | $105,000 | $4,223 | 3.00% |
| Shawnee, OK (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $3,910 | 2.88% |
| Lake City, FL (FHA|USDA|VA) | 1 | $195,000 | $195,000 | $6,521 | 3.38% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 1 | $185,000 | $185,000 | $6,676 | 3.63% |
| CHATTANOOGA, TN-GA (FHA|USDA|VA) | 1 | $175,000 | $175,000 | $2,626 | 3.25% |
| MOBILE, AL (FHA|USDA|VA) | 1 | $165,000 | $165,000 | $1,641 | 3.50% |
| Picayune, MS (FHA|USDA|VA) | 1 | $155,000 | $155,000 | $4,851 | 3.38% |
| Bogalusa, LA (FHA|USDA|VA) | 1 | $145,000 | $145,000 | $3,834 | 2.75% |
| Borger, TX (FHA|USDA|VA) | 1 | $105,000 | $105,000 | $3,984 | 3.25% |
| JONESBORO, AR (FHA|USDA|VA) | 1 | $95,000 | $95,000 | $5,582 | 3.00% |
Mortgage Financial Services 's top markets include Dallas, San Antonio, Houston, Little Rock, and San Angelo among others.
Product Mix
| Loan Type | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Conventional | 4,165 | $1,034,005,000 | $248,261 | $5,363 | 3.04% |
| FHA | 1,772 | $369,610,000 | $208,584 | $8,116 | 3.12% |
| VA | 595 | $176,435,000 | $296,529 | $7,461 | 2.88% |
| USDA | 409 | $70,265,000 | $171,797 | $5,320 | 3.00% |
For the 2021 period, Mortgage Financial Services 's most frequently originated loan type of loans were Conventional, with 4,165 originations. Their 2nd most popular type is FHA, with 1,772 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Home Purchase | 4,722 | $1,103,930,000 | $233,784 | $6,699 | 3.10% |
| Refi | 1,458 | $353,230,000 | $242,270 | $4,893 | 2.81% |
| Cash Out Refi | 761 | $193,155,000 | $253,817 | $5,997 | 3.15% |
For the 2021, Mortgage Financial Services 's most frequently cited loan purpose of loans were Home Purchase, with 4,722 originations. The 2nd most popular reason of loans were Refi, with 1,458 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 30 Year | 6,178 | $1,493,590,000 | $241,759 | $6,440 | 3.10% |
| 15 Year | 474 | $99,190,000 | $209,262 | $4,849 | 2.52% |
| 20 Year | 153 | $35,855,000 | $234,346 | $5,076 | 2.83% |
| 10 Year | 69 | $6,385,000 | $92,536 | $2,156 | 2.78% |
| Other | 67 | $15,295,000 | $228,284 | $4,807 | 2.88% |
For the 2021, Mortgage Financial Services 's most frequently cited loan length of loans were 30 Year, with 6,178 originations. The 2nd most popular length of loans were 15 Year, with 474 originations.
Origination Fees
| Origination Fee | Originations | Total Value | Average Loan |
|---|---|---|---|
| $1k-2k | 3,256 | $748,570,000 | $229,905 |
| $<1k | 1,295 | $299,305,000 | $231,124 |
| $2k-3k | 1,076 | $239,640,000 | $222,714 |
| $3k-4k | 773 | $184,595,000 | $238,803 |
| $5k+ | 540 | $178,090,000 | $329,796 |
$6,440 of loans were Mortgage Financial Services 's average total fees, while their most frequently occuring range of origination fees were in the $1k-2k bucket, with 3,256 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 3,025 | $745,935,000 | $246,590 |
| 3-4% | 2,941 | $663,755,000 | $225,690 |
| <2.5% | 829 | $212,115,000 | $255,869 |
| 4-5% | 144 | $28,180,000 | $195,694 |
| 5-6% | 1 | $215,000 | $215,000 |
During 2021, Mortgage Financial Services 's average interest rate of loans were 3.10%, while their most frequently originated rate bucket of loans were 2.5-3%, with 3,025 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $200k-400k | 3,234 | $887,990,000 | $274,579 | $7,001 | 3.02% |
| $100k-200k | 2,677 | $422,975,000 | $158,003 | $5,172 | 3.08% |
| $400k-600k | 589 | $279,285,000 | $474,168 | $8,162 | 2.94% |
| $100,000 or less | 402 | $29,760,000 | $74,030 | $3,761 | 3.18% |
| $600k-1MM | 32 | $22,130,000 | $691,563 | $12,887 | 3.12% |
| $1MM+ | 7 | $8,175,000 | $1,167,857 | $15,988 | 3.23% |
2021 saw Mortgage Financial Services place emphasis on $200k-400k loans with 3,234 originations, totaling $887,990,000 in origination value.
Applicant Income
| Applicant Income | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $50k-75k | 1,884 | $372,690,000 | $197,818 | $6,243 | 3.08% |
| $100k-150k | 1,436 | $396,520,000 | $276,128 | $6,388 | 3.03% |
| $75k-100k | 1,253 | $297,705,000 | $237,594 | $6,275 | 3.04% |
| $50k or less | 1,238 | $193,440,000 | $156,252 | $5,430 | 3.06% |
| $150k-250k | 847 | $284,725,000 | $336,157 | $7,074 | 3.02% |
| $250k+ | 235 | $90,865,000 | $386,660 | $7,001 | 2.97% |
Mortgage Financial Services lent most frequently to those with incomes in the $50k-75k range, with 1,884 originations. The second most popular income band? $100k-150k, with 1,436 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-30% | 1,347 | $318,275,000 | $236,284 | $5,633 | 2.97% |
| 30-36% | 1,248 | $288,060,000 | $230,817 | $6,021 | 3.04% |
| 50-60% | 516 | $122,910,000 | $238,198 | $8,297 | 3.08% |
| <20% | 377 | $86,615,000 | $229,748 | $5,227 | 2.94% |
| 44% | 283 | $69,335,000 | $245,000 | $6,542 | 3.08% |
| 40% | 274 | $64,170,000 | $234,197 | $6,124 | 3.13% |
| 42% | 273 | $65,455,000 | $239,762 | $6,372 | 3.15% |
| 39% | 266 | $65,660,000 | $246,842 | $6,504 | 3.11% |
| 38% | 261 | $60,195,000 | $230,632 | $6,147 | 3.07% |
| 41% | 249 | $56,845,000 | $228,293 | $6,560 | 3.06% |
| 37% | 245 | $56,965,000 | $232,510 | $6,034 | 3.11% |
| 36% | 237 | $53,995,000 | $227,827 | $6,031 | 3.06% |
| 43% | 237 | $59,795,000 | $252,300 | $6,620 | 3.14% |
| 45% | 225 | $54,245,000 | $241,089 | $6,571 | 3.11% |
| 47% | 199 | $50,805,000 | $255,302 | $6,897 | 3.08% |
| 46% | 181 | $45,975,000 | $254,006 | $6,867 | 3.09% |
| 49% | 178 | $43,600,000 | $244,944 | $7,056 | 3.10% |
| 48% | 175 | $41,625,000 | $237,857 | $6,523 | 3.11% |
| >60% | 3 | $1,575,000 | $525,000 | $16,424 | 2.88% |
Mortgage Financial Services lent most frequently to those with DTI ratios of 20-30%, with 1,347 originations. The next most common DTI ratio? 30-36%, with 1,248 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 5,142 | $1,233,120,000 | $239,813 | $6,178 | 3.03% |
| Not provided | 796 | $191,000,000 | $239,950 | $6,590 | 3.07% |
| Black | 787 | $167,825,000 | $213,247 | $6,397 | 3.15% |
| Asian | 142 | $40,000,000 | $281,690 | $6,385 | 3.07% |
| American Indian | 41 | $8,775,000 | $214,024 | $6,082 | 3.16% |
| Not applicable | 17 | $5,265,000 | $309,706 | $1,374 | 3.01% |
| Native Hawaiian | 10 | $3,000,000 | $300,000 | $7,349 | 3.00% |
| Other Asian | 2 | $510,000 | $255,000 | $6,387 | 2.75% |
| Asian Indian | 2 | $380,000 | $190,000 | $4,167 | 2.75% |
| Japanese | 1 | $275,000 | $275,000 | $6,609 | 2.63% |
| Korean | 1 | $165,000 | $165,000 | $3,370 | 2.75% |
Approval Rates
Total approvals of all applications97.31%
Mortgage Financial Services has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination93.32%
Mortgage Financial Services has an average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 6,941 | $1,650,315,000 | $237,763 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| 6,941 | $1,650,315,000 | $237,763 |
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| 20-40% | 152 | $26,150,000 | $172,039 | $4,701 | 2.74% |
| 40-60% | 540 | $127,470,000 | $236,056 | $5,056 | 2.78% |
| 60-80% | 1,777 | $447,765,000 | $251,978 | $5,526 | 3.07% |
| 80-100% | 4,229 | $998,565,000 | $236,123 | $6,619 | 3.08% |
| Over 100% | 191 | $47,785,000 | $250,183 | $10,319 | 2.99% |
| Under 20% | 45 | $1,575,000 | $35,000 | $1,111 | 2.99% |
Complaints
| Bank Name | Product | Issue | 2021 CPFB Complaints | % of Total Issues |
|---|---|---|---|---|
| MORTGAGE MASTER SERVICE CORPORATION | FHA mortgage | Closing on a mortgage | 1 | 100.0% |
