Diamond Valley Mortgage Rates, Fees & Info
Evansville, INLEI: 549300ACR0JR0FZ47P31
Tax ID: 35-1067773
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Mortgage Data
Review & Overview
Diamond Valley is a smaller mortgage company specializing in Cash Out Refi and Home Purchase loans. Diamond Valley has a high proportion of conventional loans. Their top (well, only) market is Evansville.Diamond Valley has an average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders.
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Originations
23Origination Dollar Volume (All Markets)
$2,285,000Top 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 |
|---|---|---|---|---|---|
| EVANSVILLE, IN-KY (FHA|USDA|VA) | 23 | $2,285,000 | $99,348 | $0 | 0.00% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 23 | $2,285,000 | $99,348 | $0 | 0.00% |
For 2022, Diamond Valley's most frequently originated type of loan was Conventional, with 23 originations.
Loan Reason
| Loan Reason | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Cash Out Refi | 15 | $1,325,000 | $88,333 | $0 | 0.00% |
| Home Purchase | 8 | $960,000 | $120,000 | $0 | 0.00% |
For 2022, Diamond Valley's most frequently cited loan purpose was Cash Out Refi, with 15 originations. The 2nd most popular reason was Home Purchase, with 8 originations.
Loan Duration/Length
| Loan Length | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Other | 23 | $2,285,000 | $99,348 | $0 | 0.00% |
For 2022, Diamond Valley's most frequently cited loan duration was Other, with 23 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $100k-200k | 12 | $1,630,000 | $135,833 | $0 | 0.00% |
| $100,000 or less | 11 | $655,000 | $59,545 | $0 | 0.00% |
2022 saw Diamond Valley place emphasis on $100k-200k loans with 12 originations, totaling $1,630,000 in origination value.
Applicant Income
Diamond Valley lent most frequently to those with incomes in the $50k-75k range, with 10 originations. The second most popular income band? $50k or less, with 7 originations.
Applicant Debt to Income Ratio
| DTI Ratio | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Exempt% | 23 | $2,285,000 | $99,348 | $0 | 0.00% |
Diamond Valley lent most frequently to those with DTI ratios of Exempt%, with 23 originations.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| White | 22 | $2,250,000 | $102,273 | $0 | 0.00% |
| Black | 1 | $35,000 | $35,000 | $0 | 0.00% |
Approval Rates
Total approvals of all applications81.08%
Diamond Valley has a below average approval rate.
Pick Rate
Approvals leading to origination73.91%
Diamond Valley has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| Exempt | 23 | $2,285,000 | $99,348 |