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: Los Angeles, Las Vegas, San Diego, Sacramento, and Santa Maria among others. We have data for 29 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

185

Origination Dollar Volume (All Markets)

$51,815,000

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
Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) 26 $11,380,000 $437,692 $0 9.06%
LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) 46 $7,230,000 $157,174 $0 9.36%
SAN DIEGO-CHULA VISTA-CARLSBAD, CA (FHA|USDA|VA) 14 $6,250,000 $446,429 $0 8.84%
SACRAMENTO-ROSEVILLE-FOLSOM, CA (FHA|USDA|VA) 27 $5,815,000 $215,370 $0 9.17%
SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA) 5 $3,965,000 $793,000 $0 9.20%
San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA) 7 $3,405,000 $486,429 $0 9.43%
SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) 2 $1,980,000 $990,000 $0 8.88%
RENO, NV (FHA|USDA|VA) 8 $1,760,000 $220,000 $0 8.53%
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) 8 $1,750,000 $218,750 $0 9.53%
FRESNO, CA (FHA|USDA|VA) 9 $1,435,000 $159,444 $0 9.17%
SANTA CRUZ-WATSONVILLE, CA (FHA|USDA|VA) 1 $1,205,000 $1,205,000 $0 8.99%
BAKERSFIELD, CA (FHA|USDA|VA) 7 $705,000 $100,714 $0 9.14%
VALLEJO, CA (FHA|USDA|VA) 2 $580,000 $290,000 $0 11.00%
OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) 2 $560,000 $280,000 $0 9.25%
CARSON CITY, NV (FHA|USDA|VA) 2 $540,000 $270,000 $0 8.25%
Truckee-Grass Valley, CA (FHA|USDA|VA) 1 $455,000 $455,000 $0 9.00%
STOCKTON, CA (FHA|USDA|VA) 2 $310,000 $155,000 $0 10.00%
Outside of Metro Areas 2 $300,000 $150,000 $0 9.50%
VISALIA, CA (FHA|USDA|VA) 3 $295,000 $98,333 $0 9.50%
MADERA, CA (FHA|USDA|VA) 2 $290,000 $145,000 $0 9.00%
CHICO, CA (FHA|USDA|VA) 1 $275,000 $275,000 $0 10.00%
Gardnerville Ranchos, NV (FHA|USDA|VA) 1 $255,000 $255,000 $0 8.50%
TUCSON, AZ (FHA|USDA|VA) 1 $245,000 $245,000 $0 9.00%
MODESTO, CA (FHA|USDA|VA) 1 $205,000 $205,000 $0 9.00%
KENNEWICK-RICHLAND, WA (FHA|USDA|VA) 1 $205,000 $205,000 $0 9.00%
KNOXVILLE, TN (FHA|USDA|VA) 1 $125,000 $125,000 $0 10.00%
Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) 1 $105,000 $105,000 $0 9.00%
YUMA, AZ (FHA|USDA|VA) 1 $105,000 $105,000 $0 10.00%
MERCED, CA (FHA|USDA|VA) 1 $85,000 $85,000 $0 10.00%
Lantzman Management's top markets include Los Angeles, Las Vegas, San Diego, Sacramento, and Santa Maria among others.

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

    Loan Type Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    Conventional 185 $51,815,000 $280,081 $0 9.21%

    For 2020, Lantzman Management's most frequently originated type of loan was Conventional, with 185 originations.

    Loan Reason

    Loan Reason Originations Total Value Avg. Loan Avg. Fees Avg. Rate
    NA 136 $38,060,000 $279,853 $0 9.13%
    Cash Out Refi 44 $12,110,000 $275,227 $0 9.41%
    Refi 5 $1,645,000 $329,000 $0 9.40%

    For 2020, Lantzman Management's most frequently cited loan purpose was NA, with 136 originations. The 2nd most popular reason was Cash Out Refi, with 44 originations.

    Loan Duration/Length

    Loan Length Originations Total Value Average Loan Average Fees Average Rate
    1 Year 102 $32,430,000 $317,941 $0 9.16%
    Other 80 $18,800,000 $235,000 $0 9.27%
    3 Year 3 $585,000 $195,000 $0 9.33%

    For 2020, Lantzman Management's most frequently cited loan duration was 1 Year, with 102 originations. The 2nd most popular length was Other, with 80 originations.

    Interest Rates

    Loan Rate Originations Total Value Average Loan
    Over 8% 181 $49,555,000 $273,785
    7-8% 3 $1,135,000 $378,333
    6-7% 1 $1,125,000 $1,125,000

    During 2020, Lantzman Management's average interest rate for loans was 0.00%, while their most frequently originated rate bucket for loans was Over 8%, with 181 originations.

    Loan Sizing

    Loan Size Originations Total Value Average Loan Average Fees Average Rate
    $200k-400k 69 $18,045,000 $261,522 $0 9.06%
    $100k-200k 66 $9,610,000 $145,606 $0 9.36%
    $100,000 or less 20 $1,540,000 $77,000 $0 9.47%
    $400k-600k 13 $6,395,000 $491,923 $0 9.38%
    $600k-1MM 12 $9,060,000 $755,000 $0 8.79%
    $1MM+ 5 $7,165,000 $1,433,000 $0 8.70%

    2020 saw Lantzman Management place emphasis on $200k-400k loans with 69 originations, totaling $18,045,000 in origination value.

    Ethnicity Mix

    Applicant Ethnicity Originations Total Value Average Loan Average Fees Average Rate
    Not applicable 122 $32,930,000 $269,918 $0 9.13%
    Not provided 57 $18,005,000 $315,877 $0 9.32%
    Asian 4 $380,000 $95,000 $0 9.75%
    Black 1 $285,000 $285,000 $0 9.00%
    White 1 $215,000 $215,000 $0 10.00%

    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 185 $51,815,000 $280,081

    Occupancy Type Mix

    Dwelling Type Originations Total Value Average Loan
    Single Family (1-4 Units):Manufactured 2 $240,000 $120,000
    Single Family (1-4 Units):Site-Built 183 $51,575,000 $281,831

    LTV Distribution

    Loan to Value Originations Total Value Average Loan Average Fees Average Rate
    20-40% 14 $4,200,000 $300,000 $0 9.23%
    40-60% 76 $19,830,000 $260,921 $0 9.15%
    60-80% 85 $24,885,000 $292,765 $0 9.24%
    80-100% 5 $1,795,000 $359,000 $0 9.25%
    Over 100% 1 $145,000 $145,000 $0 9.00%
    Under 20% 4 $960,000 $240,000 $0 9.50%