Lantzman Management Mortgage Rates, Fees & Info

SAN DIEGO, CA

LEI: 549300AAWFEC6CRH6N89

Tax ID: 20-4074883

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Mortgage Data

Review & Overview

Lantzman Management is a smaller mortgage company specializing in NA and Cash Out Refi loans. Lantzman Management has a high proportion of conventional loans. Their top markets by origination volume include: San Diego, Las Vegas, Los Angeles, San Francisco, and Riverside among others. We have data for 25 markets. (Some data included below & more in-depth data is available with an active subscription.)

Lantzman Management has an above average approval rate when compared to the average across all lenders.

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Originations

213

Origination Dollar Volume (All Markets)

$63,055,000

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
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 34 $15,010,000 $441,471 $0 9.17%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 63 $11,555,000 $183,413 $0 9.66%
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 22 $11,540,000 $524,545 $0 9.17%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 11 $4,975,000 $452,273 $0 9.29%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 15 $3,645,000 $243,000 $0 9.21%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 11 $3,535,000 $321,364 $0 9.27%
SALINAS, CA (FHA|USDA|VA) 6 $1,900,000 $316,667 $0 9.08%
FRESNO, CA (FHA|USDA|VA) 10 $1,470,000 $147,000 $0 9.62%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $1,180,000 $590,000 $0 9.25%
MODESTO, CA (FHA|USDA|VA) 5 $1,055,000 $211,000 $0 9.40%
RENO, NV (FHA|USDA|VA) 3 $875,000 $291,667 $0 9.33%
BAKERSFIELD, CA (FHA|USDA|VA) 6 $810,000 $135,000 $0 9.33%
MADERA, CA (FHA|USDA|VA) 4 $730,000 $182,500 $0 9.56%
TUCSON, AZ (FHA|USDA|VA) 3 $655,000 $218,333 $0 10.33%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 2 $630,000 $315,000 $0 9.50%
Outside of Metro Areas 3 $535,000 $178,333 $0 9.50%
New York-Newark-Jersey City, NY-NJ-PA (FHA|USDA|VA) 1 $505,000 $505,000 $0 10.00%
STOCKTON, CA (FHA|USDA|VA) 2 $480,000 $240,000 $0 9.75%
VALLEJO, CA (FHA|USDA|VA) 1 $405,000 $405,000 $0 9.00%
MERCED, CA (FHA|USDA|VA) 2 $360,000 $180,000 $0 10.00%
SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA) 1 $315,000 $315,000 $0 9.00%
YUBA CITY, CA (FHA|USDA|VA) 2 $310,000 $155,000 $0 9.00%
VISALIA, CA (FHA|USDA|VA) 2 $270,000 $135,000 $0 9.38%
PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) 1 $205,000 $205,000 $0 10.00%
LAKE HAVASU CITY-KINGMAN, AZ (FHA|USDA|VA) 1 $105,000 $105,000 $0 10.00%
Lantzman Management's top markets include San Diego, Las Vegas, Los Angeles, San Francisco, and Riverside among others.

Their top states include:
  • California (FHA|USDA|VA)
  • Nevada (FHA|USDA|VA)
  • Arizona (FHA|USDA|VA)
  • New York (FHA|USDA|VA)
  • Product Mix

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 213 $63,055,000 $296,033 $0 9.42%

    For 2018, Lantzman Management's most frequently originated type of loan was Conventional, with 213 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    NA 169 $47,735,000 $282,456 $0 9.41%
    Cash Out Refi 40 $14,600,000 $365,000 $0 9.44%
    Refi 4 $720,000 $180,000 $0 9.25%

    For 2018, Lantzman Management's most frequently cited loan purpose was NA, with 169 originations. The 2nd most popular reason was Cash Out Refi, with 40 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    Other 146 $34,280,000 $234,795 $0 9.49%
    1 Year 66 $28,230,000 $427,727 $0 9.27%
    3 Year 1 $545,000 $545,000 $0 9.00%

    For 2018, Lantzman Management's most frequently cited loan duration was Other, with 146 originations. The 2nd most popular length was 1 Year, with 66 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 210 $61,410,000 $292,429
    7-8% 3 $1,645,000 $548,333

    During 2018, Lantzman Management's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 210 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 77 $21,015,000 $272,922 $0 9.29%
    $100k-200k 71 $10,695,000 $150,634 $0 9.64%
    $400k-600k 29 $13,485,000 $465,000 $0 9.22%
    $100,000 or less 20 $1,590,000 $79,500 $0 9.71%
    $600k-1MM 11 $7,925,000 $720,455 $0 9.11%
    $1MM+ 5 $8,345,000 $1,669,000 $0 8.85%

    2018 saw Lantzman Management place emphasis on $200k-400k loans with 77 originations, totaling $21,015,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 156 $42,560,000 $272,821 $0 9.40%
    Not provided 54 $19,640,000 $363,704 $0 9.49%
    White 3 $855,000 $285,000 $0 9.00%

    Approval Rates

    Total approvals of all applications
    100.00%

    Lantzman Management has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.

    Pick Rate

    Approvals leading to origination

    Points and Fees

    Points Originations Total Value Average Loan
    NA 213 $63,055,000 $296,033

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 1 $235,000 $235,000
    Single Family (1-4 Units):Site-Built 212 $62,820,000 $296,321

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 8 $1,940,000 $242,500 $0 9.50%
    40-60% 41 $11,915,000 $290,610 $0 9.25%
    60-80% 155 $47,585,000 $307,000 $0 9.43%
    80-100% 4 $660,000 $165,000 $0 9.38%
    Over 100% 1 $155,000 $155,000 $0 9.99%
    Under 20% 3 $325,000 $108,333 $0 10.50%