Northmarq Capital Finance Mortgage Rates, Fees & Info
LINCOLN, NELEI: 549300AV8QD552DSI743
Tax ID: 41-1492937
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Mortgage Data
Review & Overview
Northmarq Capital Finance is a small mortgage company specializing in Cash Out Refi and Home Purchase loans. Northmarq Capital Finance has a high proportion of conventional loans. Their top markets by origination volume include: San Jose, Dallas, Chicago, Houston, and Las Vegas among others. We have data for 47 markets. (Some data included below & more in-depth data is available with an active subscription.)Northmarq Capital Finance has an above average approval rate when compared to the average across all lenders. They have a below average pick rate when compared to similar lenders. 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.
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SimulatedRates™Mortgage Type |
Simulated Rate | Simulation Date |
|---|---|---|
| 15 Year Conventional Refi | 5.68% | 11/22/24 |
| 15 Year Cash-out Refi | 5.68% | 11/22/24 |
| 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. | ||
Northmarq Capital Finance Mortgage Calculator
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The default purchase price is the median sales price across the US for 2022Q4, per FRED.
Originations
85Origination Dollar Volume (All Markets)
$1,579,725,000Top 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 |
|---|---|---|---|---|---|
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA (FHA|USDA|VA) | 1 | $336,255,000 | $336,255,000 | $0 | 3.15% |
| Dallas-Fort Worth-Arlington, TX (FHA|USDA|VA) | 8 | $214,050,000 | $26,756,250 | $0 | 4.12% |
| Chicago-Naperville-Elgin, IL-IN-WI (FHA|USDA|VA) | 6 | $159,270,000 | $26,545,000 | $0 | 4.09% |
| HOUSTON-THE WOODLANDS-SUGAR LAND, TX (FHA|USDA|VA) | 5 | $89,455,000 | $17,891,000 | $0 | 4.56% |
| LAS VEGAS-HENDERSON-PARADISE, NV (FHA|USDA|VA) | 3 | $57,275,000 | $19,091,667 | $0 | 3.62% |
| PHOENIX-MESA-CHANDLER, AZ (FHA|USDA|VA) | 4 | $49,770,000 | $12,442,500 | $0 | 4.12% |
| Seattle-Tacoma-Bellevue, WA (FHA|USDA|VA) | 3 | $46,625,000 | $15,541,667 | $0 | 3.92% |
| AUSTIN-ROUND ROCK-GEORGETOWN, TX (FHA|USDA|VA) | 1 | $44,005,000 | $44,005,000 | $0 | 3.84% |
| SALT LAKE CITY, UT (FHA|USDA|VA) | 2 | $39,760,000 | $19,880,000 | $0 | 3.83% |
| COLORADO SPRINGS, CO (FHA|USDA|VA) | 3 | $34,445,000 | $11,481,667 | $0 | 4.10% |
| RICHMOND, VA (FHA|USDA|VA) | 1 | $34,155,000 | $34,155,000 | $0 | 4.20% |
| LOGAN, UT-ID (FHA|USDA|VA) | 2 | $33,060,000 | $16,530,000 | $0 | 4.31% |
| OMAHA-COUNCIL BLUFFS, NE-IA (FHA|USDA|VA) | 3 | $32,255,000 | $10,751,667 | $0 | 3.96% |
| Outside of Metro Areas | 1 | $26,255,000 | $26,255,000 | $0 | 3.89% |
| MACON-BIBB COUNTY, GA (FHA|USDA|VA) | 1 | $26,095,000 | $26,095,000 | $0 | 4.01% |
| Hobbs, NM (FHA|USDA|VA) | 1 | $25,005,000 | $25,005,000 | $0 | 4.83% |
| KANSAS CITY, MO-KS (FHA|USDA|VA) | 1 | $25,005,000 | $25,005,000 | $0 | 3.73% |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC (FHA|USDA|VA) | 2 | $19,500,000 | $9,750,000 | $0 | 5.51% |
| OXNARD-THOUSAND OAKS-VENTURA, CA (FHA|USDA|VA) | 2 | $19,110,000 | $9,555,000 | $0 | 4.54% |
| GAINESVILLE, FL (FHA|USDA|VA) | 1 | $18,755,000 | $18,755,000 | $0 | 3.97% |
| ST. LOUIS, MO-IL (FHA|USDA|VA) | 2 | $18,640,000 | $9,320,000 | $0 | 5.08% |
| PROVIDENCE-WARWICK, RI-MA (FHA|USDA|VA) | 1 | $17,005,000 | $17,005,000 | $0 | 3.90% |
| Washington-Arlington-Alexandria, DC-VA-MD-WV (FHA|USDA|VA) | 1 | $16,735,000 | $16,735,000 | $0 | 3.44% |
| LAWRENCE, KS (FHA|USDA|VA) | 1 | $16,505,000 | $16,505,000 | $0 | 4.00% |
| AUBURN-OPELIKA, AL (FHA|USDA|VA) | 1 | $14,505,000 | $14,505,000 | $0 | 3.79% |
| Miami-Fort Lauderdale-Pompano Beach, FL (FHA|USDA|VA) | 2 | $14,480,000 | $7,240,000 | $0 | 4.47% |
| GAINESVILLE, GA (FHA|USDA|VA) | 1 | $12,915,000 | $12,915,000 | $0 | 3.64% |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI (FHA|USDA|VA) | 2 | $12,120,000 | $6,060,000 | $0 | 4.08% |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL (FHA|USDA|VA) | 2 | $11,090,000 | $5,545,000 | $0 | 5.25% |
| SANTA ROSA-PETALUMA, CA (FHA|USDA|VA) | 1 | $10,005,000 | $10,005,000 | $0 | 3.74% |
| BALTIMORE-COLUMBIA-TOWSON, MD (FHA|USDA|VA) | 1 | $9,165,000 | $9,165,000 | $0 | 4.73% |
| ATLANTA-SANDY SPRINGS-ALPHARETTA, GA (FHA|USDA|VA) | 1 | $8,975,000 | $8,975,000 | $0 | 3.64% |
| RENO, NV (FHA|USDA|VA) | 1 | $8,575,000 | $8,575,000 | $0 | 3.98% |
| Rexburg, ID (FHA|USDA|VA) | 1 | $8,305,000 | $8,305,000 | $0 | 4.31% |
| MANKATO, MN (FHA|USDA|VA) | 1 | $7,805,000 | $7,805,000 | $0 | 4.89% |
| Kerrville, TX (FHA|USDA|VA) | 1 | $7,655,000 | $7,655,000 | $0 | 3.80% |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA (FHA|USDA|VA) | 4 | $7,610,000 | $1,902,500 | $0 | 4.34% |
| SIOUX CITY, IA-NE-SD (FHA|USDA|VA) | 1 | $7,415,000 | $7,415,000 | $0 | 3.62% |
| LINCOLN, NE (FHA|USDA|VA) | 1 | $7,105,000 | $7,105,000 | $0 | 4.59% |
| SIOUX FALLS, SD (FHA|USDA|VA) | 1 | $6,985,000 | $6,985,000 | $0 | 3.63% |
| EUGENE-SPRINGFIELD, OR (FHA|USDA|VA) | 1 | $6,785,000 | $6,785,000 | $0 | 6.07% |
| Los Angeles-Long Beach-Anaheim, CA (FHA|USDA|VA) | 1 | $5,635,000 | $5,635,000 | $0 | 4.31% |
| JACKSONVILLE, FL (FHA|USDA|VA) | 1 | $3,995,000 | $3,995,000 | $0 | 3.61% |
| Jefferson, GA (FHA|USDA|VA) | 1 | $3,415,000 | $3,415,000 | $0 | 4.37% |
| RALEIGH-CARY, NC (FHA|USDA|VA) | 1 | $2,505,000 | $2,505,000 | $0 | 5.04% |
| MADISON, WI (FHA|USDA|VA) | 1 | $2,495,000 | $2,495,000 | $0 | 4.76% |
| LAKELAND-WINTER HAVEN, FL (FHA|USDA|VA) | 1 | $1,195,000 | $1,195,000 | $0 | 6.08% |
Product Mix
| Loan Type | Originations | Total Value | Avg. Loan | Avg. Fees | Avg. Rate |
|---|---|---|---|---|---|
| Conventional | 85 | $1,579,725,000 | $18,585,000 | $0 | 4.24% |
For 2019, Northmarq Capital Finance's most frequently originated type of loan was Conventional, with 85 originations.
Loan Reason
For 2019, Northmarq Capital Finance's most frequently cited loan purpose was Cash Out Refi, with 46 originations. The 2nd most popular reason was Home Purchase, with 31 originations.
Loan Duration/Length
For 2019, Northmarq Capital Finance's most frequently cited loan duration was 10 Year, with 50 originations. The 2nd most popular length was Other, with 27 originations.
Interest Rates
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 3-4% | 38 | $956,330,000 | $25,166,579 |
| 4-5% | 38 | $584,960,000 | $15,393,684 |
| 6-7% | 5 | $19,515,000 | $3,903,000 |
| 5-6% | 4 | $18,920,000 | $4,730,000 |
During 2019, Northmarq Capital Finance's average interest rate for loans was 4.85%, while their most frequently originated rate bucket for loans was 3-4%, with 38 originations.
Loan Sizing
| Loan Size | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| $1MM+ | 84 | $1,579,040,000 | $18,798,095 | $0 | 4.22% |
| $600k-1MM | 1 | $685,000 | $685,000 | $0 | 6.18% |
2019 saw Northmarq Capital Finance place emphasis on $1MM+ loans with 84 originations, totaling $1,579,040,000 in origination value.
Ethnicity Mix
| Applicant Ethnicity | Originations | Total Value | Average Loan | Average Fees | Average Rate |
|---|---|---|---|---|---|
| Not applicable | 85 | $1,579,725,000 | $18,585,000 | $0 | 4.24% |
Approval Rates
Total approvals of all applications97.17%
Northmarq Capital Finance has an exceptionally high approval rate. They either target their audience very well or may have lax underwriting protocols.
Pick Rate
Approvals leading to origination78.82%
Northmarq Capital Finance has a below average pick rate.
Points and Fees
| Points | Originations | Total Value | Average Loan |
|---|---|---|---|
| NA | 85 | $1,579,725,000 | $18,585,000 |
Occupancy Type Mix
| Dwelling Type | Originations | Total Value | Average Loan |
|---|---|---|---|
| Multifamily:Manufactured | 3 | $6,455,000 | $2,151,667 |
| Multifamily:Site-Built | 82 | $1,573,270,000 | $19,186,220 |