Ventura County Mortgage Rates, Fees & InfoVentura, CA
Tax ID: 95-1790568
Latest/2022 | 2021 Data | 2020 Data | 2019 Data | 2018 Data
Review & OverviewVentura County is a smaller mortgage company specializing in Other and Cash Out Refi loans. Ventura County has a high proportion of conventional loans. Their top markets by origination volume include: Oxnard, Los Angeles, San Luis Obispo, Bakersfield, and Riverside among others. We have data for 9 markets. (Some data included below & more in-depth data is available with an active subscription.)
Ventura County 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. Ventura County is typically a low fee lender. (We use the term "fees" to include things like closing costs and other costs incurred by borrowers-- whether they are paid out of pocket or rolled into the loan.) They typically have about average rates.
We show data for every lender and do not change our ratings-- even if an organization is a paid advertiser. Our consensus data does have lag, but it is highly correlated to a lender's rates & fees relative to their markets. This means that if a bank is a low fee/rate lender the past-- chances are they are still one today. Our SimulatedRates™ use advanced statistical techniques to forecast different rates based on a lender's historical data.
Mortgage seekers: Choose your metro area here to explore the lowest fee & rate lenders.
Mortgage professionals: We have various tools to make your lives easier. Contact us to see how we can help with your market research, analytics or advertising needs.
|Simulated Rate||Simulation Date|
|30 Year Conventional Purchase||6.03%||9/25/23|
|30 Year Conventional Refi||5.97%||9/25/23|
|30 Year Cash-out Refi||6.08%||9/25/23|
|30 Year VA Purchase||6.27%||9/25/23|
|15 Year Conventional Purchase||5.51%||9/25/23|
|15 Year Conventional Refi||5.92%||9/25/23|
|15 Year Cash-out Refi||5.92%||9/25/23|
|These are simulated rates generated by our proprietary machine learning models. These are not guaranteed by the bank. They are our estimates based on a lender's past behaviors combined with current market conditions. Contact an individual lender for their actual rates. Our models use fixed rate terms for conforming loans, 700+ FICO, 10% down for FHA and 20% for conventional. These are based on consensus, historical data-- not advertised promotional rates.|
Ventura County Mortgage Calculator
Your EstimatesEstimated Loan Payment: Update the calculator values and click calculate payment!
This is not an official calculator from Ventura County. It uses our SimulatedRate™
technology, basic math and reasonable assumptions to calculate mortgage payments derived from our simulations and your inputs.
The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Origination Dollar Volume (All Markets)$84,850,000
VENTURA COUNTY - 2022
VENTURA COUNTY is a 2022 , due to their low .
For 2022, less than of lenders were eligible for this award.
Work for VENTURA COUNTY?
Use this award on your own site. Either save and use the images below, or pass the provided image embed code to your development team.
Ventura County's average 30 year fixed mortgage rate was
The 2022 average 30 year fixed rate mortgage across all markets and lenders was 4.76%.
This yields a difference of -0.99%.
Relative Fees (Closing Costs)
Ventura County's average total fees/closing costs for a 30 year fixed rate
mortgage were $4,028.
The average total origination fees for 30 year fixed rate mortgages across all lenders (for all loan values, including both points & up-front fees in addition to origination fees) were $4,750.
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|
|OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA)||402||$75,630,000||$188,134||$2,577||4.64%|
|Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA)||15||$6,265,000||$417,667||$4,108||3.82%|
|SAN LUIS OBISPO-PASO ROBLES, CA (FHA|USDA|VA)||2||$1,070,000||$535,000||$4,768||4.50%|
|BAKERSFIELD, CA (FHA|USDA|VA)||2||$680,000||$340,000||$5,246||3.88%|
|RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA)||3||$475,000||$158,333||$3,508||4.00%|
|FRESNO, CA (FHA|USDA|VA)||1||$365,000||$365,000||$4,132||4.50%|
|San Francisco-Oakland-Berkeley, CA (FHA|USDA|VA)||1||$225,000||$225,000||$5,220||4.75%|
|SANTA MARIA-SANTA BARBARA, CA (FHA|USDA|VA)||1||$105,000||$105,000||$0||4.00%|
|Ukiah, CA (FHA|USDA|VA)||1||$35,000||$35,000||$0||6.50%|
We use machine learning to identify the top lenders compared against VENTURA COUNTY based on their rates and fees, along with other useful metrics. A lower similarity rank signals a stronger match.
Similarity Rank: 660
Similarity Rank: 684
Similarity Rank: 984
Similarity Rank: 1062
Similarity Rank: 1212
Similarity Rank: 1260
Similarity Rank: 1284
Similarity Rank: 1380
Similarity Rank: 1484
Similarity Rank: 1518
|Loan Type||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
For 2022, Ventura County's most frequently originated type of loan was HELOC, with 264 originations. Their 2nd most popular type was Conventional, with 164 originations.
|Loan Reason||Originations||Total Value||Avg. Loan||Avg. Fees||Avg. Rate|
|Cash Out Refi||55||$22,485,000||$408,818||$3,361||3.70%|
For 2022, Ventura County's most frequently cited loan purpose was Other, with 314 originations. The 2nd most popular reason was Cash Out Refi, with 55 originations.
For 2022, Ventura County's most frequently cited loan duration was Other, with 264 originations. The 2nd most popular length was 30 Year, with 103 originations.
Origination Fees/Closing Costs
|Origination Fee/Closing Cost||Originations||Total Value||Average Loan|
Ventura County's average total fees were $4,028, while their most frequently occuring range of origination fees (closing costs) were in the $1k-2k bucket, with 102 originations.
During 2022, Ventura County's average interest rate for loans was 3.77%, while their most frequently originated rate bucket for loans was 3-4%, with 198 originations.
2022 saw Ventura County place emphasis on $100,000 or less loans with 175 originations, totaling $10,615,000 in origination value.
Ventura County lent most frequently to those with incomes in the $100k-150k range, with 141 originations. The second most popular income band? $150k-250k, with 115 originations.
Applicant Debt to Income Ratio
Ventura County lent most frequently to those with DTI ratios of 30-36%, with 90 originations. The next most common DTI ratio? 20-30%, with 71 originations.
Approval RatesTotal approvals of all applications
Ventura County has a below average approval rate.
Pick RateApprovals leading to origination
Ventura County has a below average pick rate.
Points and Fees
|Points||Originations||Total Value||Average Loan|