Countryplace Mortgage Ltd. Rates, Fees & Info

AUSTIN, TX

LEI: 5493009XSE00M8B9R434

Tax ID: 75-2585326

1 stars - out of 5 stars, based on 34 reviews

2021 Data | 2020 Data | 2019 Data | 2018 Data


Overview

Countryplace Mortgage Ltd. is a smaller mortgage company specializing in Home Purchase loans. Countryplace Mortgage Ltd. 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, Austin, Houston, San Antonio, and Tampa among others. Countryplace Mortgage Ltd. has a below average approval rate for mortages when compared nationally. They have a below average pick rate when compared to the same sample of other lendors. Countryplace Mortgage Ltd. is typically a high fee lendor.


Originations

1,159

Origination Dollar Volume (All Markets)

$166,955,000

Relative Rate

Countryplace Mortgage Ltd.'s average 30 year fixed rate mortgage of loans were 3.42%.

The 2021 average 30 year fixed rate mortgage across all markets of loans were 3.15%.

This yields a difference of 0.27%.

Relative Fees

Countryplace Mortgage Ltd.'s average total fees for a 30 year fixed rate mortgage are $11,998.

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
Outside of Metro Areas 237 $31,865,000 $134,451 $12,578 5.15%
Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) 75 $11,405,000 $152,067 $14,327 4.85%
AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) 56 $10,370,000 $185,179 $17,286 4.74%
HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) 77 $10,015,000 $130,065 $11,565 5.64%
SAN ANTONIO-NEW BRAUNFELS, TX (FHA|USDA|VA) 49 $7,325,000 $149,490 $17,471 5.14%
TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) 31 $4,535,000 $146,290 $10,815 5.62%
OKLAHOMA CITY, OK (FHA|USDA|VA) 27 $3,865,000 $143,148 $12,783 4.89%
ORLANDO-KISSIMMEE-SANFORD, FL (FHA|USDA|VA) 24 $2,880,000 $120,000 $9,930 5.08%
North Port-Sarasota-Bradenton, FL (FHA|USDA|VA) 14 $2,760,000 $197,143 $10,462 4.55%
KILLEEN-TEMPLE, TX (FHA|USDA|VA) 15 $2,545,000 $169,667 $16,537 4.99%
CHARLOTTE-CONCORD-GASTONIA, NC-SC (FHA|USDA|VA) 13 $2,175,000 $167,308 $11,262 3.29%
LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) 11 $2,125,000 $193,182 $9,768 3.86%
JACKSONVILLE, FL (FHA|USDA|VA) 10 $1,800,000 $180,000 $9,682 4.10%
PORTLAND-VANCOUVER-HILLSBORO, OR-WA (FHA|USDA|VA) 5 $1,755,000 $351,000 $12,776 3.83%
ABILENE, TX (FHA|USDA|VA) 9 $1,735,000 $192,778 $10,239 4.72%
Shawnee, OK (FHA|USDA|VA) 9 $1,525,000 $169,444 $16,705 4.82%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 13 $1,485,000 $114,231 $7,766 5.54%
Athens, TX (FHA|USDA|VA) 10 $1,350,000 $135,000 $10,970 4.69%
WACO, TX (FHA|USDA|VA) 10 $1,300,000 $130,000 $11,597 4.46%
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR (FHA|USDA|VA) 8 $1,160,000 $145,000 $11,821 3.73%
PRESCOTT VALLEY-PRESCOTT, AZ (FHA|USDA|VA) 5 $1,085,000 $217,000 $10,237 3.95%
ASHEVILLE, NC (FHA|USDA|VA) 5 $1,065,000 $213,000 $11,770 3.77%
Meridian, MS (FHA|USDA|VA) 7 $1,065,000 $152,143 $10,495 4.93%
COLLEGE STATION-BRYAN, TX (FHA|USDA|VA) 7 $1,035,000 $147,857 $12,410 4.92%
LONGVIEW, TX (FHA|USDA|VA) 8 $980,000 $122,500 $11,140 4.14%
TULSA, OK (FHA|USDA|VA) 10 $960,000 $96,000 $0 5.50%
Huntsville, TX (FHA|USDA|VA) 8 $960,000 $120,000 $16,956 5.70%
ALBUQUERQUE, NM (FHA|USDA|VA) 6 $950,000 $158,333 $11,125 4.12%
PUNTA GORDA, FL (FHA|USDA|VA) 9 $905,000 $100,556 $8,606 5.69%
Shelby, NC (FHA|USDA|VA) 5 $905,000 $181,000 $12,326 3.18%
BEAUMONT-PORT ARTHUR, TX (FHA|USDA|VA) 9 $885,000 $98,333 $0 5.68%
Bonham, TX (FHA|USDA|VA) 5 $865,000 $173,000 $0 5.91%
Palestine, TX (FHA|USDA|VA) 5 $865,000 $173,000 $13,840 4.65%
SHERMAN-DENISON, TX (FHA|USDA|VA) 5 $845,000 $169,000 $12,583 4.79%
OLYMPIA-LACEY-TUMWATER, WA (FHA|USDA|VA) 3 $805,000 $268,333 $5,848 3.46%
NEW ORLEANS-METAIRIE, LA (FHA|USDA|VA) 6 $790,000 $131,667 $6,915 5.12%
Statesboro, GA (FHA|USDA|VA) 5 $785,000 $157,000 $0 5.89%
AUGUSTA-RICHMOND COUNTY, GA-SC (FHA|USDA|VA) 5 $775,000 $155,000 $9,417 3.33%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 2 $770,000 $385,000 $11,556 3.50%
Payson, AZ (FHA|USDA|VA) 5 $765,000 $153,000 $6,808 3.33%
AMARILLO, TX (FHA|USDA|VA) 7 $755,000 $107,857 $0 5.75%
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL (FHA|USDA|VA) 4 $750,000 $187,500 $8,527 3.59%
CORPUS CHRISTI, TX (FHA|USDA|VA) 7 $735,000 $105,000 $0 5.81%
Mineral Wells, TX (FHA|USDA|VA) 6 $720,000 $120,000 $12,289 5.53%
GAINESVILLE, FL (FHA|USDA|VA) 4 $720,000 $180,000 $9,444 3.53%
LAKE CHARLES, LA (FHA|USDA|VA) 8 $710,000 $88,750 $0 5.47%
NAPLES-MARCO ISLAND, FL (FHA|USDA|VA) 5 $705,000 $141,000 $12,111 5.07%
CAPE CORAL-FORT MYERS, FL (FHA|USDA|VA) 5 $695,000 $139,000 $9,818 6.18%
MIDLAND, TX (FHA|USDA|VA) 5 $695,000 $139,000 $10,785 5.24%
DECATUR, AL (FHA|USDA|VA) 6 $690,000 $115,000 $10,575 5.49%
ODESSA, TX (FHA|USDA|VA) 6 $650,000 $108,333 $0 5.64%
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL (FHA|USDA|VA) 3 $645,000 $215,000 $8,729 3.88%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 1 $605,000 $605,000 $23,570 5.25%
Jacksonville, TX (FHA|USDA|VA) 6 $600,000 $100,000 $0 5.96%
Centralia, WA (FHA|USDA|VA) 2 $600,000 $300,000 $13,530 4.06%
Newport, OR (FHA|USDA|VA) 3 $575,000 $191,667 $5,602 3.42%
Hobbs, NM (FHA|USDA|VA) 3 $575,000 $191,667 $0 5.66%
CHARLESTON-NORTH CHARLESTON, SC (FHA|USDA|VA) 4 $570,000 $142,500 $8,455 4.87%
TALLAHASSEE, FL (FHA|USDA|VA) 2 $570,000 $285,000 $13,156 3.56%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 1 $565,000 $565,000 $28,107 5.25%
LUBBOCK, TX (FHA|USDA|VA) 5 $555,000 $111,000 $0 5.89%
JACKSON, MS (FHA|USDA|VA) 5 $555,000 $111,000 $10,022 5.01%
TUSCALOOSA, AL (FHA|USDA|VA) 5 $535,000 $107,000 $0 5.92%
LAWTON, OK (FHA|USDA|VA) 4 $530,000 $132,500 $0 6.24%
Laurel, MS (FHA|USDA|VA) 5 $525,000 $105,000 $7,227 5.89%
MONTGOMERY, AL (FHA|USDA|VA) 3 $525,000 $175,000 $9,987 3.38%
BATON ROUGE, LA (FHA|USDA|VA) 3 $515,000 $171,667 $12,849 3.79%
Marion, NC (FHA|USDA|VA) 2 $510,000 $255,000 $8,727 3.13%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $505,000 $505,000 $20,216 4.88%
Corsicana, TX (FHA|USDA|VA) 3 $495,000 $165,000 $13,283 4.08%
El Campo, TX (FHA|USDA|VA) 3 $475,000 $158,333 $12,575 4.91%
VICTORIA, TX (FHA|USDA|VA) 5 $475,000 $95,000 $0 5.46%
Lufkin, TX (FHA|USDA|VA) 4 $470,000 $117,500 $8,862 5.24%
Granbury, TX (FHA|USDA|VA) 5 $455,000 $91,000 $9,090 4.64%
El Dorado, AR (FHA|USDA|VA) 5 $445,000 $89,000 $0 6.18%
Carlsbad-Artesia, NM (FHA|USDA|VA) 2 $410,000 $205,000 $0 6.12%
Show Low, AZ (FHA|USDA|VA) 2 $410,000 $205,000 $3,202 4.00%
Albertville, AL (FHA|USDA|VA) 3 $405,000 $135,000 $0 5.99%
GADSDEN, AL (FHA|USDA|VA) 3 $405,000 $135,000 $0 5.42%
Woodward, OK (FHA|USDA|VA) 3 $395,000 $131,667 $0 6.32%
Brenham, TX (FHA|USDA|VA) 4 $380,000 $95,000 $7,901 5.03%
GULFPORT-BILOXI, MS (FHA|USDA|VA) 4 $380,000 $95,000 $8,135 4.90%
TYLER, TX (FHA|USDA|VA) 2 $380,000 $190,000 $16,585 4.07%
BIRMINGHAM-HOOVER, AL (FHA|USDA|VA) 3 $375,000 $125,000 $0 5.47%
HICKORY-LENOIR-MORGANTON, NC (FHA|USDA|VA) 2 $370,000 $185,000 $13,339 3.25%
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) 3 $365,000 $121,667 $0 5.57%
Fredericksburg, TX (FHA|USDA|VA) 3 $365,000 $121,667 $0 5.66%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 2 $360,000 $180,000 $11,664 3.75%
Rockport, TX (FHA|USDA|VA) 1 $355,000 $355,000 $8,563 3.00%
COLORADO SPRINGS, CO (FHA|USDA|VA) 3 $345,000 $115,000 $12,292 5.08%
HOT SPRINGS, AR (FHA|USDA|VA) 2 $340,000 $170,000 $14,933 3.25%
Camden, AR (FHA|USDA|VA) 4 $340,000 $85,000 $8,675 4.46%
EspaƱola, NM (FHA|USDA|VA) 3 $335,000 $111,667 $0 5.57%
Crescent City, CA (FHA|USDA|VA) 1 $335,000 $335,000 $18,373 3.25%
LONGVIEW, WA (FHA|USDA|VA) 1 $335,000 $335,000 $14,176 3.88%
YUMA, AZ (FHA|USDA|VA) 3 $335,000 $111,667 $7,684 3.29%
Arcadia, FL (FHA|USDA|VA) 2 $330,000 $165,000 $10,106 4.38%
THE VILLAGES, FL (FHA|USDA|VA) 2 $330,000 $165,000 $12,833 6.13%
Del Rio, TX (FHA|USDA|VA) 2 $330,000 $165,000 $7,073 3.95%
Bay City, TX (FHA|USDA|VA) 3 $325,000 $108,333 $0 5.27%
Cullman, AL (FHA|USDA|VA) 3 $325,000 $108,333 $13,801 4.91%
LAFAYETTE, LA (FHA|USDA|VA) 2 $320,000 $160,000 $9,479 3.44%
Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) 3 $315,000 $105,000 $0 7.71%
Okeechobee, FL (FHA|USDA|VA) 2 $310,000 $155,000 $11,540 3.94%
Kerrville, TX (FHA|USDA|VA) 2 $310,000 $155,000 $11,427 4.68%
SAN ANGELO, TX (FHA|USDA|VA) 2 $310,000 $155,000 $0 6.24%
SEBRING-AVON PARK, FL (FHA|USDA|VA) 1 $295,000 $295,000 $14,065 4.25%
ALBANY-LEBANON, OR (FHA|USDA|VA) 2 $290,000 $145,000 $9,246 3.63%
BREMERTON-SILVERDALE-PORT ORCHARD, WA (FHA|USDA|VA) 1 $285,000 $285,000 $6,334 3.25%
Mount Pleasant, TX (FHA|USDA|VA) 3 $275,000 $91,667 $0 5.41%
Aberdeen, WA (FHA|USDA|VA) 1 $275,000 $275,000 $5,951 3.25%
WICHITA FALLS, TX (FHA|USDA|VA) 2 $270,000 $135,000 $0 5.24%
DENVER-AURORA-LAKEWOOD, CO (FHA|USDA|VA) 1 $265,000 $265,000 $12,794 3.25%
Alice, TX (FHA|USDA|VA) 3 $265,000 $88,333 $0 6.63%
Fort Polk South, LA (FHA|USDA|VA) 2 $250,000 $125,000 $0 5.42%
Levelland, TX (FHA|USDA|VA) 2 $240,000 $120,000 $0 5.69%
Steamboat Springs, CO (FHA|USDA|VA) 1 $235,000 $235,000 $11,647 3.75%
FAYETTEVILLE, NC (FHA|USDA|VA) 1 $235,000 $235,000 $15,928 3.13%
MISSOULA, MT (FHA|USDA|VA) 1 $235,000 $235,000 $9,916 3.25%
SPOKANE-SPOKANE VALLEY, WA (FHA|USDA|VA) 1 $235,000 $235,000 $8,469 4.75%
Detroit-Warren-Dearborn, MI (FHA|USDA|VA) 4 $230,000 $57,500 $0 6.31%
ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) 2 $230,000 $115,000 $6,425 3.56%
Nacogdoches, TX (FHA|USDA|VA) 2 $230,000 $115,000 $0 5.44%
Dumas, TX (FHA|USDA|VA) 1 $225,000 $225,000 $0 5.84%
HATTIESBURG, MS (FHA|USDA|VA) 3 $225,000 $75,000 $0 5.24%
MEMPHIS, TN-MS-AR (FHA|USDA|VA) 2 $200,000 $100,000 $0 4.87%
SHREVEPORT-BOSSIER CITY, LA (FHA|USDA|VA) 2 $200,000 $100,000 $7,755 3.25%
Gainesville, TX (FHA|USDA|VA) 1 $195,000 $195,000 $15,666 3.25%
Durant, OK (FHA|USDA|VA) 1 $195,000 $195,000 $0 5.74%
FAYETTEVILLE-SPRINGDALE-ROGERS, AR (FHA|USDA|VA) 1 $195,000 $195,000 $14,456 3.25%
ST. LOUIS, MO-IL (FHA|USDA|VA) 1 $195,000 $195,000 $12,375 4.75%
Brownwood, TX (FHA|USDA|VA) 2 $190,000 $95,000 $0 5.57%
Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) 4 $190,000 $47,500 $0 6.21%
The Dalles, OR (FHA|USDA|VA) 1 $185,000 $185,000 $7,213 3.50%
HILTON HEAD ISLAND-BLUFFTON, SC (FHA|USDA|VA) 1 $175,000 $175,000 $0 5.49%
Oxford, MS (FHA|USDA|VA) 1 $175,000 $175,000 $11,418 3.25%
PUEBLO, CO (FHA|USDA|VA) 2 $170,000 $85,000 $0 6.75%
Natchitoches, LA (FHA|USDA|VA) 2 $170,000 $85,000 $0 5.12%
FORT SMITH, AR-OK (FHA|USDA|VA) 2 $170,000 $85,000 $0 5.82%
Calhoun, GA (FHA|USDA|VA) 1 $165,000 $165,000 $6,750 3.63%
Astoria, OR (FHA|USDA|VA) 1 $165,000 $165,000 $8,879 3.50%
PANAMA CITY, FL (FHA|USDA|VA) 1 $165,000 $165,000 $10,847 3.25%
Albemarle, NC (FHA|USDA|VA) 1 $165,000 $165,000 $11,132 3.25%
Georgetown, SC (FHA|USDA|VA) 1 $165,000 $165,000 $12,164 3.25%
SANTA FE, NM (FHA|USDA|VA) 2 $160,000 $80,000 $0 5.44%
TUCSON, AZ (FHA|USDA|VA) 2 $160,000 $80,000 $0 5.32%
Portales, NM (FHA|USDA|VA) 1 $155,000 $155,000 $10,755 3.25%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $155,000 $155,000 $7,416 3.13%
Boone, NC (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.14%
PORT ST. LUCIE, FL (FHA|USDA|VA) 1 $155,000 $155,000 $0 5.49%
Picayune, MS (FHA|USDA|VA) 2 $150,000 $75,000 $0 5.07%
ATHENS-CLARKE COUNTY, GA (FHA|USDA|VA) 1 $145,000 $145,000 $0 5.64%
HAMMOND, LA (FHA|USDA|VA) 1 $145,000 $145,000 $0 5.49%
HOUMA-THIBODAUX, LA (FHA|USDA|VA) 1 $145,000 $145,000 $0 6.14%
ROME, GA (FHA|USDA|VA) 1 $145,000 $145,000 $0 6.39%
Muskogee, OK (FHA|USDA|VA) 1 $135,000 $135,000 $0 6.74%
PINE BLUFF, AR (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.74%
Columbus, MS (FHA|USDA|VA) 1 $135,000 $135,000 $0 5.24%
Altus, OK (FHA|USDA|VA) 1 $135,000 $135,000 $8,888 3.75%
Lamesa, TX (FHA|USDA|VA) 1 $135,000 $135,000 $0 6.04%
Sulphur Springs, TX (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.74%
SAVANNAH, GA (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.64%
Ada, OK (FHA|USDA|VA) 1 $125,000 $125,000 $0 5.49%
Hope, AR (FHA|USDA|VA) 1 $115,000 $115,000 $5,116 3.88%
Pearsall, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.99%
Ponca City, OK (FHA|USDA|VA) 1 $115,000 $115,000 $0 5.84%
Paris, TX (FHA|USDA|VA) 1 $115,000 $115,000 $0 4.99%
PITTSBURGH, PA (FHA|USDA|VA) 1 $115,000 $115,000 $7,966 3.25%
Ardmore, OK (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.74%
RALEIGH-CARY, NC (FHA|USDA|VA) 1 $105,000 $105,000 $3,950 3.13%
BROWNSVILLE-HARLINGEN, TX (FHA|USDA|VA) 1 $105,000 $105,000 $0 5.74%
Tifton, GA (FHA|USDA|VA) 1 $105,000 $105,000 $0 4.59%
Brookhaven, MS (FHA|USDA|VA) 1 $95,000 $95,000 $0 5.84%
Hereford, TX (FHA|USDA|VA) 1 $95,000 $95,000 $0 6.49%
Duncan, OK (FHA|USDA|VA) 1 $95,000 $95,000 $0 5.49%
Jennings, LA (FHA|USDA|VA) 1 $95,000 $95,000 $0 5.74%
Tahlequah, OK (FHA|USDA|VA) 1 $85,000 $85,000 $0 5.74%
DAPHNE-FAIRHOPE-FOLEY, AL (FHA|USDA|VA) 1 $85,000 $85,000 $7,186 3.88%
Borger, TX (FHA|USDA|VA) 1 $85,000 $85,000 $0 5.49%
MONROE, LA (FHA|USDA|VA) 1 $85,000 $85,000 $0 5.89%
ALEXANDRIA, LA (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.99%
Blytheville, AR (FHA|USDA|VA) 1 $75,000 $75,000 $9,770 3.25%
ALBANY, GA (FHA|USDA|VA) 1 $75,000 $75,000 $0 6.04%
Stephenville, TX (FHA|USDA|VA) 1 $75,000 $75,000 $0 4.99%
MOBILE, AL (FHA|USDA|VA) 1 $65,000 $65,000 $0 4.99%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $55,000 $55,000 $0 8.38%
ANN ARBOR, MI (FHA|USDA|VA) 1 $55,000 $55,000 $0 5.00%
Big Spring, TX (FHA|USDA|VA) 1 $55,000 $55,000 $0 4.99%
ENID, OK (FHA|USDA|VA) 1 $45,000 $45,000 $0 4.99%
OCALA, FL (FHA|USDA|VA) 1 $35,000 $35,000 $0 5.49%
MICHIGAN CITY-LA PORTE, IN (FHA|USDA|VA) 2 $30,000 $15,000 $0 7.69%

Countryplace Mortgage Ltd.'s top markets include Dallas, Austin, Houston, San Antonio, and Tampa among others.

Product Mix

Loan Type Originations Total Value Average Loan Average Fees Average Rate
Conventional 890 $110,190,000 $123,809 $9,224 5.51%
FHA 198 $41,010,000 $207,121 $13,568 3.40%
VA 53 $12,015,000 $226,698 $10,334 3.37%
USDA 18 $3,740,000 $207,778 $12,876 3.28%

For the 2021 period, Countryplace Mortgage Ltd.'s most frequently originated loan type of loans were Conventional, with 890 originations. Their 2nd most popular type is FHA, with 198 originations.

Loan Reason

Loan Reason Originations Total Value Average Loan Average Fees Average Rate
Home Purchase 1,089 $152,715,000 $140,234 $12,608 5.13%
Refi 53 $11,115,000 $209,717 $8,196 3.26%
Cash Out Refi 17 $3,125,000 $183,824 $7,782 3.27%

For the 2021, Countryplace Mortgage Ltd.'s most frequently cited loan purpose of loans were Home Purchase, with 1,089 originations. The 2nd most popular reason of loans were Refi, with 53 originations.

Loan Duration/Length

Loan Length Originations Total Value Average Loan Average Fees Average Rate
20 Year 593 $66,145,000 $111,543 $6,073 5.81%
30 Year 370 $78,990,000 $213,486 $11,998 3.42%
Other 144 $16,800,000 $116,667 $0 5.78%
15 Year 45 $4,285,000 $95,222 $6,806 5.29%
10 Year 5 $235,000 $47,000 $0 5.67%
30+ year 2 $500,000 $250,000 $7,741 3.56%

For the 2021, Countryplace Mortgage Ltd.'s most frequently cited loan length of loans were 20 Year, with 593 originations. The 2nd most popular length of loans were 30 Year, with 370 originations.

Origination Fees

Origination Fee Originations Total Value Average Loan
$5k+ 221 $51,875,000 $234,729
$3k-4k 122 $22,460,000 $184,098
$2k-3k 20 $3,090,000 $154,500
$<1k 12 $2,790,000 $232,500
$1k-2k 9 $1,395,000 $155,000

$11,998 of loans were Countryplace Mortgage Ltd.'s average total fees, while their most frequently occuring range of origination fees were in the $5k+ bucket, with 221 originations.

Interest Rates

Loan Rate Originations Total Value Average Loan
5-6% 493 $58,995,000 $119,665
3-4% 288 $58,440,000 $202,917
4-5% 161 $19,875,000 $123,447
6-7% 114 $12,830,000 $112,544
2.5-3% 51 $12,335,000 $241,863
7-8% 32 $2,270,000 $70,938
Over 8% 16 $1,380,000 $86,250
<2.5% 4 $830,000 $207,500

During 2021, Countryplace Mortgage Ltd.'s average interest rate of loans were 3.42%, while their most frequently originated rate bucket of loans were 5-6%, with 493 originations.

Loan Sizing

Loan Size Originations Total Value Average Loan Average Fees Average Rate
$100k-200k 555 $80,155,000 $144,423 $10,251 4.95%
$100,000 or less 381 $26,995,000 $70,853 $7,835 5.79%
$200k-400k 212 $54,320,000 $256,226 $13,190 3.87%
$400k-600k 10 $4,880,000 $488,000 $19,855 3.53%
$600k-1MM 1 $605,000 $605,000 $23,570 5.25%

2021 saw Countryplace Mortgage Ltd. place emphasis on $100k-200k loans with 555 originations, totaling $80,155,000 in origination value.

Applicant Income

Applicant Income Originations Total Value Average Loan Average Fees Average Rate
$50k-75k 421 $58,595,000 $139,181 $11,421 4.97%
$50k or less 301 $32,185,000 $106,927 $10,778 5.09%
$75k-100k 224 $35,550,000 $158,705 $12,200 4.91%
$100k-150k 150 $28,360,000 $189,067 $13,950 5.10%
$150k-250k 55 $10,665,000 $193,909 $12,314 5.22%
$250k+ 6 $1,220,000 $203,333 $7,840 5.30%

Countryplace Mortgage Ltd. lent most frequently to those with incomes in the $50k-75k range, with 421 originations. The second most popular income band? $50k or less, with 301 originations.

Applicant Debt to Income Ratio

DTI Ratio Originations Total Value Average Loan Average Fees Average Rate
30-36% 210 $29,100,000 $138,571 $10,691 5.09%
20-30% 189 $24,505,000 $129,656 $10,561 5.16%
50-60% 128 $20,830,000 $162,734 $14,007 4.64%
<20% 90 $9,730,000 $108,111 $9,003 5.35%
40% 49 $6,825,000 $139,286 $12,592 5.25%
44% 47 $6,675,000 $142,021 $11,224 4.89%
37% 45 $7,375,000 $163,889 $12,425 4.89%
45% 41 $6,985,000 $170,366 $11,549 4.86%
43% 39 $5,215,000 $133,718 $11,520 5.22%
41% 39 $5,295,000 $135,769 $12,068 5.34%
47% 38 $6,220,000 $163,684 $12,077 4.65%
49% 38 $5,850,000 $153,947 $10,903 4.77%
38% 37 $5,865,000 $158,514 $10,490 4.81%
36% 35 $4,885,000 $139,571 $12,210 4.89%
46% 35 $5,605,000 $160,143 $12,493 5.09%
42% 32 $5,660,000 $176,875 $14,516 4.97%
48% 31 $5,085,000 $164,032 $13,382 4.71%
39% 23 $3,365,000 $146,304 $12,282 5.09%
>60% 13 $1,885,000 $145,000 $9,525 5.16%

Countryplace Mortgage Ltd. lent most frequently to those with DTI ratios of 30-36%, with 210 originations. The next most common DTI ratio? 20-30%, with 189 originations.

Ethnicity Mix

Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
White 978 $141,570,000 $144,755 $11,810 5.00%
Not provided 108 $15,780,000 $146,111 $11,383 5.13%
Black 51 $6,935,000 $135,980 $11,545 4.87%
American Indian 11 $1,485,000 $135,000 $13,878 4.89%
Asian 4 $480,000 $120,000 $0 5.65%
Other Asian 3 $285,000 $95,000 $0 5.91%
Filipino 1 $155,000 $155,000 $0 5.74%
Japanese 1 $135,000 $135,000 $0 5.84%
Vietnamese 1 $75,000 $75,000 $0 5.49%
Native Hawaiian 1 $55,000 $55,000 $0 4.99%

Approval Rates

Total approvals of all applications
58.91%

Countryplace Mortgage Ltd. has a low approval rate. They may have poor market targeting or stringent lending standards.

Pick Rate

Approvals leading to origination
-18.74%

Countryplace Mortgage Ltd. 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
0.0 1 $165,000 $165,000
1000.0 4 $60,000 $15,000
1054.5 1 $25,000 $25,000
1096.0 683 $77,125,000 $112,921
1301.89 1 $25,000 $25,000
1330.39 1 $25,000 $25,000
1399.7 1 $25,000 $25,000
1412.68 1 $25,000 $25,000
1413.95 1 $25,000 $25,000
1452.71 1 $35,000 $35,000
1461.54 1 $35,000 $35,000
1539.62 1 $35,000 $35,000
1644.12 1 $35,000 $35,000
1674.87 1 $35,000 $35,000
1682.05 1 $35,000 $35,000
1701.0 33 $2,935,000 $88,939
2084.03 1 $105,000 $105,000
2247.13 1 $65,000 $65,000
2539.09 1 $65,000 $65,000
2868.37 1 $65,000 $65,000
2900.0 1 $75,000 $75,000
2997.0 7 $595,000 $85,000
3197.3 1 $115,000 $115,000
3201.17 1 $115,000 $115,000
3462.02 1 $115,000 $115,000
3708.44 1 $125,000 $125,000
4094.53 1 $145,000 $145,000
4123.79 1 $145,000 $145,000
4163.89 1 $145,000 $145,000
4164.84 1 $145,000 $145,000
4998.04 1 $175,000 $175,000
5169.07 1 $185,000 $185,000
5188.16 1 $175,000 $175,000
596.0 1 $95,000 $95,000
7344.3 1 $315,000 $315,000
962.22 1 $15,000 $15,000
999.0 15 $1,545,000 $103,000
NA 385 $81,785,000 $212,429

Occupancy Type Mix

Dwelling Type Originations Total Value Average Loan
1,159 $166,955,000 $144,051

LTV Distribution

Loan to Value Originations Total Value Average Loan Average Fees Average Rate
20-40% 3 $355,000 $118,333 $7,434 3.13%
40-60% 23 $3,635,000 $158,043 $7,652 4.06%
60-80% 90 $14,490,000 $161,000 $9,643 4.07%
80-100% 369 $67,285,000 $182,344 $12,294 3.95%
Over 100% 674 $81,190,000 $120,460 $18,947 5.77%

Complaints

Bank Name Product Issue 2021 CPFB Complaints % of Total Issues
CountryPlace Acceptance Corporation VA mortgage Applying for a mortgage or refinancing an existing mortgage 1 7.7%
CountryPlace Acceptance Corporation Conventional home mortgage Trouble during payment process 1 7.7%
CountryPlace Acceptance Corporation FHA mortgage Closing on a mortgage 8 61.5%
CountryPlace Acceptance Corporation FHA mortgage Trouble during payment process 2 15.4%
CountryPlace Acceptance Corporation Other type of mortgage Trouble during payment process 1 7.7%